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EURUSD

  • #277,561
  • Aug 3, 2010 8:49pm Aug 3, 2010 8:49pm
Quoting martinpic
Based on the chart what would be the next move based on your forecast? Up or down trend?
Down. It's going to 1.05.

I'm long but I don't know what I'm doing.
Not all sins are created equal
  • #277,562
  • Aug 3, 2010 8:54pm Aug 3, 2010 8:54pm
Quoting martinpic
Based on the chart what would be the next move based on your forecast? Up or down trend?
it will go up to test fibo 50.0 if success going more up and i dont think so because fibo 50.0 strong not from first time
if fail to break it going down to test trend
590 pip if one can control him self
  • #277,563
  • Aug 3, 2010 9:03pm Aug 3, 2010 9:03pm
  • #277,564
  • Aug 3, 2010 9:06pm Aug 3, 2010 9:06pm
Quoting Jay Walker
Down. It's going to 1.05.

I'm long but I don't know what I'm doing.

Hi Jay,

1.05 isn't is impossible at this time? Sorry for being naive as I am at the learning curve. Do you mind to guide me? Your long is till what TP?
  • #277,565
  • Aug 3, 2010 9:13pm Aug 3, 2010 9:13pm
Quoting egypt
i think it will try break fibo 50.0 1.3510 long term
and Reflects the trend



Attachment
eur/usd has reached target dont count on upside its going down
  • #277,566
  • Aug 3, 2010 9:19pm Aug 3, 2010 9:19pm
Quoting nawafasad1
eur/usd has reached target don't count on upside its going down
i believe it will try reach fibo 50.0 3510 to break it
and sunk again
  • #277,567
  • Aug 3, 2010 9:21pm Aug 3, 2010 9:21pm
dont follow the trend . its going to be your enemy
Attached Image (click to enlarge)
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  • #277,568
  • Aug 3, 2010 9:21pm Aug 3, 2010 9:21pm
i am right
  • #277,569
  • Aug 3, 2010 9:25pm Aug 3, 2010 9:25pm
Quoting nawafasad1
dont follow the trend . its going to be your enemy
dude u break the golden first role of forex
trend is your friend
  • #277,570
  • Aug 3, 2010 9:26pm Aug 3, 2010 9:26pm
Quoting Jay Walker
Moves like a fish out of water.

Hehe, gotta try it out when the machine I have is due for a change

Oh, hold on.. Isn't that today
  • #277,571
  • Aug 3, 2010 9:27pm Aug 3, 2010 9:27pm
Quoting nawafasad1
dont follow the trend . its going to be your enemy
You worst ennemy can be your best friend
COT: The precious data ignored
  • #277,572
  • Aug 3, 2010 9:27pm Aug 3, 2010 9:27pm
Quoting egypt
dude u break the golden first role of forex
trend is your friend
your friend till it reverses on you
  • #277,573
  • Aug 3, 2010 9:31pm Aug 3, 2010 9:31pm
Quoting kuroro001
You worst ennemy can be your best friend
yes you r right .
  • #277,574
  • Aug 3, 2010 9:32pm Aug 3, 2010 9:32pm
Quoting nawafasad1
your friend till it reverses on you
yes if u ride the wave late
i don't like go with trend but not enter against it
i just try to get pip from correction 20 to 50 pip in day
  • #277,575
  • Aug 3, 2010 9:39pm Aug 3, 2010 9:39pm
if u look to resistanse1 1.3256 u see that fibo 00 with it if closed above it with two candle
it sign for more long
now its try through 23.6 fibo
  • #277,576
  • Aug 3, 2010 9:41pm Aug 3, 2010 9:41pm
Quoting egypt
if u look to resistanse1 1.3256 u see that fibo 00 with it if closed above it with two candle
it sign for more long
no its try through 23.6 fibo

If you are the only one looking at it, there is no point looking at it...
  • #277,577
  • Aug 3, 2010 9:45pm Aug 3, 2010 9:45pm
Quoting egypt
yes if u ride the wave late
i don't like go with trend but not enter against it
i just try to get pip from correction 20 to 50 pip in day
reversals do happen and you need a trend for them to occur . you r at a fib projection and 38.2 ret fib as shown on the chart .
  • #277,578
  • Aug 3, 2010 9:45pm Aug 3, 2010 9:45pm
Inserted Video



  • #277,579
  • Aug 3, 2010 9:47pm Aug 3, 2010 9:47pm
Quoting nawafasad1
reversals do happen and you need a trend for them to occur . you r at a fib projection and 38.2 ret fib as shown on the chart .
dont look in daily chart
look in 1H chart

Attached Image (click to enlarge)
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fibo set 1H, daily, weekly, 4H
  • #277,580
  • Aug 3, 2010 10:04pm Aug 3, 2010 10:04pm
you could look at it in this way as well
Attached Image (click to enlarge)
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