- #416,381
- Mar 31, 2011 9:25am Mar 31, 2011 9:25am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #416,382
- Mar 31, 2011 9:26am Mar 31, 2011 9:26am
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
- #416,384
- Mar 31, 2011 9:27am Mar 31, 2011 9:27am
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
for me, this is the system that changed my trading for the better so i am positive their will be plenty more and it will just get better from here. keeping a closer eye on GU also ... their has been a lot of times lately that EU is crappy but i can see a clearer picture on GU so trade what looks good. life is good and would be wonderful if the temperature would warm up
" Never let the past hold the future to ransom "
- #416,386
- Mar 31, 2011 9:29am Mar 31, 2011 9:29am
- Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts
- #416,388
- Mar 31, 2011 9:31am Mar 31, 2011 9:31am
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #416,389
- Mar 31, 2011 9:31am Mar 31, 2011 9:31am
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
Cool! Stellenbosch here!
" Never let the past hold the future to ransom "
- #416,391
- Mar 31, 2011 9:31am Mar 31, 2011 9:31am
- Joined Jan 2011 | Status: Trader | 2,680 Posts
I like what you feel
as long as the dollar is weak, the euro will rise.
the dollar index is the only indicator that really matters.
look at commodity prices and make a play at it
CAD correlates c oil prices
AUD with gold prices
CHF stability
EURO makes up 50% of the index
GBP does its thing but ultimately follows EURO
fudamentals and naked chars its all you need.
and so far the dollar is weak and the FEDS cant/wont strengthen it.
the EURO will continue bullish. they all move according to the DOLLAR
AVT INVENIAM VIAM AVT FACIAM
- #416,394
- Mar 31, 2011 9:35am Mar 31, 2011 9:35am
- Joined Jan 2011 | Status: Trader | 2,680 Posts
AVT INVENIAM VIAM AVT FACIAM
- #416,396
- Mar 31, 2011 9:38am Mar 31, 2011 9:38am
- Joined Mar 2010 | Status: aka QueenB | 4,808 Posts
The price patterns on EU were quite tricky to figure out the past few trading sessions , a lot of the trades "looked" wrong to me when I entered. You are spot on with GU , it was often the "easier" pair to trade because of clear price formations.
i find it hard to place a trade when i look left and see what looks to be the remains of a battle so i stay out. i am sure your experience has to help filter out the noise but good to hear you too have reservations on some trades. better get back to my charts. EU is dropping without me!
- #416,398
- Mar 31, 2011 9:43am Mar 31, 2011 9:43am
- Joined Jun 2008 | Status: Plan your trade... Trade your plan | 3,710 Posts
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
- #416,399
- Mar 31, 2011 9:45am Mar 31, 2011 9:45am
- | Joined Dec 2010 | Status: Trader | 2,426 Posts
That's it my friend with supply and demand that makes a great work (almost) indies free.
And I bet they will get a QE3 coz they have no other option to avoid the deflation that is looming...
I'm off for today, all the best all
as long as the dollar is weak, the euro will rise.
the dollar index is the only indicator that really matters.
look at commodity prices and make a play at it
CAD correlates c oil prices
AUD with gold prices
CHF stability
EURO makes up 50% of the index
GBP does its thing but ultimately follows EURO
fudamentals and naked chars its all you need.
and so far the dollar is weak and the FEDS cant/wont strengthen it.
the EURO will continue bullish. they all move according to the DOLLAR
- #416,400
- Mar 31, 2011 9:47am Mar 31, 2011 9:47am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
wow, you question remind me my diploma work when professor ask me "what is a main criteria for blah-blah-blah?" and I said him "Sorry professor, could you rephrase your question without word "criteria" using some russian alternative word?"that was a face....
may be I translate wrong your question, but will try to answer.
I suspect by "an objective measure" you mean fundamentals. If yes, than my answer is - only for direction, I have no access to real statistic data, even would I have - I have no knowledges in macroeconomics and...
No I wasn't looking for that or FA but sometime simpler. An objective measure I meant a defined open/close/high/low in a timeframe or a specific ATR range in which "visual" interpretation is out of the equation, as a non sense example using the last 2 daily DPP as swing high/low to draw the extensions or sometime like that.
In any case, clear explanation and your comments show that you are a real trader... 2 thumbs up.
sisse
Pending conversations? PM for a chat...I am mainly in OTM now