Anyone?
Being right is one, taking it from the table is two.
- #258,262
- Jun 15, 2010 10:00am Jun 15, 2010 10:00am
- Joined Apr 2007 | Status: Trader | 3,055 Posts
The best thing that can happen to you is to find out where you're wrong.
- #258,263
- Jun 15, 2010 10:01am Jun 15, 2010 10:01am
- | Joined Jul 2008 | Status: Clear Cut System Trader | 1,111 Posts
- #258,264
- Jun 15, 2010 10:01am Jun 15, 2010 10:01am
- | Joined Aug 2009 | Status: Trader | 1,074 Posts
EU already drop around 3000 pips from 1.51xx. Based on Weekly TF it's clear 'North' is next direction.
So buy on the dip.....target weekly TF is around 2000 ~ 3000 pips.
May I ask what else, besides saying it is clear to you on the weekly, convinces you this thing will rise 20-30 cents?
- #258,266
- Jun 15, 2010 10:05am Jun 15, 2010 10:05am
- Joined Apr 2008 | Status: Trader | 9,414 Posts
Welcome 1.23
Just back from my work
Hope u r LONG or u r always opposite of me ?
- #258,267
- Jun 15, 2010 10:06am Jun 15, 2010 10:06am
Which one are you most interested in and maybe I can help.........everything has it's own beat........I like to stick to one thing at a time because I don't label charts and my mind is all over the place....Plus this is work.....and yen appears at a different beat....plus I don't like to compete with the japanese they are too smart and technologically advanced......
So tell me which one and maybe I pick up it's beat for you...I trade euro because it has the most weight of the dollar index.....so it's easier to see it's relation to the overall market........
Think of it that way the index is the market or the DOW index for example and each currency traded has to adhere to the pattern but at different speeds and slight adjustments......
So tell me which one and maybe I pick up it's beat for you...I trade euro because it has the most weight of the dollar index.....so it's easier to see it's relation to the overall market........
Think of it that way the index is the market or the DOW index for example and each currency traded has to adhere to the pattern but at different speeds and slight adjustments......
That is a rational approach to say.
So, what do you advise?
- #258,268
- Jun 15, 2010 10:08am Jun 15, 2010 10:08am
- | Joined Aug 2006 | Status: Trader | 1,355 Posts
Getting it right is NOT as important as not getting it wrong.
- #258,269
- Jun 15, 2010 10:10am Jun 15, 2010 10:10am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself
- #258,271
- Jun 15, 2010 10:11am Jun 15, 2010 10:11am
- Joined Mar 2010 | Status: Trader | 42,434 Posts
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
- #258,272
- Jun 15, 2010 10:11am Jun 15, 2010 10:11am
- Joined Oct 2008 | Status: Sentiment and Global Macro | 2,321 Posts
- #258,274
- Jun 15, 2010 10:15am Jun 15, 2010 10:15am
- Joined Aug 2009 | Status: Just trade it! | 1,230 Posts
Money is made by sitting, not trading. Jesse L. Livermore
- #258,277
- Jun 15, 2010 10:17am Jun 15, 2010 10:17am
Ok so what do we see for the upcoming week? I think the Dow is key to watch once again! From what I see, if present risk sentiment remains in force and nothing really exceptional happens, the Dow can rally as high as 10420 from a technical point of view, where some heavy resistance lies, in the upcoming week. As a consequence I would expect the euro to edge higher by approximately 150 pips, as is calculated for the usual correlation, thus coming at slightly above 1.22 at some point of the week. If that happens, further continuation of the short...
- #258,278
- Jun 15, 2010 10:18am Jun 15, 2010 10:18am
- Joined Oct 2008 | Status: sideline is a position | 105,179 Posts
those who can, do. those who cant, talk about those who can
- #258,280
- Jun 15, 2010 10:18am Jun 15, 2010 10:18am
- | Joined Jun 2007 | Status: Still Learning :) | 1,203 Posts
