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trading801's Koala Forex Articles and EUR/USD views
- #12,302
- Jun 15, 2010 4:10am Jun 15, 2010 4:10am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
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- #12,304
- Jun 15, 2010 4:20am Jun 15, 2010 4:20am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
1.2150-55 is very strong support/resistance be careful
be careful Hey Masoud. have taken two on the EURUSD and am now out. Have a pending entry order for 1.22 EURUSD to short.
Waiting for the fish to arrive.
A51
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- #12,305
- Jun 15, 2010 4:26am Jun 15, 2010 4:26am
1.2150-55 is very strong support/resistance
My entry order has hit. I'm now short. You are correct it is a strong area but I think it is about to be severly tested. Plenty of news about. If not I have already secured enough pips to cover my stops and a small loss to know if I am correct. If I am wrong it is a small price to pay to possibly catch the next train South.
A51
- #12,306
- Jun 15, 2010 4:30am Jun 15, 2010 4:30am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
Good point of view, when you reach to this line, you have good distance from opened price. 
My entry order has hit. I'm now short. You are correct it is a strong area but I think it is about to be severly tested. Plenty of news about. If not I have already secured enough pips to cover my stops and a small loss to know if I am correct. If I am wrong it is a small price to pay to possibly catch the next train South.
A51
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- #12,307
- Jun 15, 2010 5:02am Jun 15, 2010 5:02am
Good point of view, when you reach to this line, you have good distance from opened price.
Question now is.
1. Is this a bull trap?
2. Was it a bear trap?
3. Is the rise fake and the big boys are sucking traders in to short from higher.
4. Is the market making one last stand (Like Custer) before the Ugly drop South.
5. Is the Ugly move North now on the Cards?
6. Am I simply dreaming and this is all just some sort of theme park fun and games.
Don't you just love the market?
A51
- #12,308
- Jun 15, 2010 5:12am Jun 15, 2010 5:12am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
All question is valid, in my opinion I think market goes up and create new high and then goes down. (I mean EUR/USD)
(I mean EUR/USD)Question now is.
1. Is this a bull trap?
2. Was it a bear trap?
3. Is the rise fake and the big boys are sucking traders in to short from higher.
4. Is the market making one last stand (Like Custer) before the Ugly drop South.
5. Is the Ugly move North now on the Cards?
6. Am I simply dreaming and this is all just some sort of theme park fun and games.
Don't you just love the market?
A51
We are here to help each other... We Learn Forex Together!
- #12,309
- Jun 15, 2010 5:23am Jun 15, 2010 5:23am
All question is valid, in my opinion I think market goes up and create new high and then goes down.
Point is this my Friend.
Take your trade.
Set your stop and if you are correct then fine.
If you are wrong then so be it.
With good MM you will be fine.
You cannot win them all.
A51
- #12,310
- Jun 15, 2010 5:32am Jun 15, 2010 5:32am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
Yes, this is true, loss is part of trade or any other work.
I my opinion:
I my opinion:
]
Point is this my Friend.
Take your trade.
Set your stop and if you are correct then fine.
If you are wrong then so be it.
With good MM you will be fine.
You cannot win them all.
A51
We are here to help each other... We Learn Forex Together!
- #12,312
- Jun 15, 2010 6:13am Jun 15, 2010 6:13am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
We are here to help each other... We Learn Forex Together!
- #12,313
- Jun 15, 2010 6:17am Jun 15, 2010 6:17am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
Gold is in quietude, calm before the storm???
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- #12,314
- Jun 15, 2010 6:18am Jun 15, 2010 6:18am
three important institution in determining the risk rating and financial markets:
http://www.fitchratings.com/index_fitchratings.cfm
http://www.moodys.com/cust/default.asp
http://www.standardandpoors.com/ratings/en/us/
And I don't trust any of them.
A51
- #12,315
- Jun 15, 2010 6:22am Jun 15, 2010 6:22am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
I know what you say.
And I don't trust any of them.
A51
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- #12,317
- Jun 15, 2010 9:28am Jun 15, 2010 9:28am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
welcome back my friend. 
and here i am !
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- #12,320
- Jun 15, 2010 12:07pm Jun 15, 2010 12:07pm
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
Thank you so much my friend, as always great review.
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