Back To Basics

Hi mate.this is what i see at weekly.going to supply at 1.5 then big drop to 1.2 area.but at first let see we reach 1.5 or not.

You got 2 bounce on the lower channel for that and one on the above so they are in my book, generally speaking not so much to trust. I dont look so much on W1 and such so i havent really considered it. Either way is fine with me. I do look like there is quite a tough support at 1.427 area though so we might very well go up more from here.

hi bb, how are you doing?
after stopped out -100pip-, looking for reenter
good trading

gold also seems rewarding

hi riko.im still holding my euro to 1.5.holding fo a week now.good trading

good luck, good weekend bro.

There is a lot to say about the macroeconomic fundamentals of eur/usd, and if you are still aiming for 1.5 i guess you have made a macroeconomic analysis. I mean now we are around 900 pips away from that. Its a big step away from the kind of trades you did earlier, seeing as you had a SL of much less, maybe 30-100 or so earlier so im wondering is you really thought that through, and now you are riding -240 or so. When you made the trade did you really think: "If it goes 300 pips bad ill still keep it."? Im only looking out for you bro so im just trying to help.

Macroeconomically i can see how E/U can go quite rapidly to 2.0, in lets say 6 months from now. Its still probable to go down maybe 250 pips more before it starts climbing back up again.

Anyway happy trading tommorrow!

hi yaed, do you mind explain your long-term view on eu as you was saying you see it go to 2.0
Thx yaed

Post #11

The graphics look like what Sam Seiden teaches at Trading Academy.

Bernie printing dollars like the corrupt, house of luxor imperialist puppet pig he is. The ECB is slightly better run then the fed, even though its a house of cards built by insane, corrupt puppets, largely sponsored by the same house. Its mainly a matter of either thinking the dollar will be removed off its pedestal as the chief bullshit world reserve, meaningless, worthless fiat non existent money it is, or not. I think that is going to happen and in that the euro is slightly less shitty and will be around at least for a bit more i think.

But what happens the next 2-3 weeks on E/U i dont have much to say about, its pure manipulation by the big banks, i dont work for them so i dont know much about what they are planning.

Also i think the old elite of house of luxor and such is running US as a empire colony, taxing it using wall street, Goldman sachs, JP Morgan, the federal bank and such. The history of the US is a constant war for independence. However since 1913 and since world war 2, and after Kennedys assasination by house of luxor and the rotschilds the us citizenry have become so subverted that they no longer realize this, like they used to in the late 18th century and the 19th century when they fought and died for independence. The kind of chaos that will ensue in the US when social welfare cannot be covered, is not something the old elite want in their back yard so they will try to avoid that. In doing so they are in effect protecting the euro somewhat, even though its not really their intention.

My mentor keeps saying about that and now you. Good to hear from you. Thx a lot for the insight.

Your mentor is well informed i should think. However Budak wants to see charts and not people talking.

Here is a bit russian television that Stewe just posted on videostore thread, thanks Stewe



So here is some S/R and S/D to consider.

hi all,

my first chart here:-
http://www.forexfactory.com/attachme...1&d=1305705926

sold euro 4255 with 30 pips sl aiming first pivot line at 4220.

cheers!@

hi,

close 50% at 1:1. targeting second level at 1:2 at 4195.

here's the current chart:-

hi,

sell euro at 4278 with 30pip sl. targeting 80% off at 1:1 at first pivot 4248.

Those are some wide zones, interesting. Luckily you had enough SL on that one, now you are in the green, good work.

yea. closed out 80%. i am seeing next support at 4205 and this support is tough. i will close the remaining positions there and wait for a reverse

hi sir, how is it going?
not a good week so far; zero sum
pending sell at 4250....
have good weekend

bought euro at 4240 with 30pips sl targeting 80% at 1:1 4270.

closed wedge trade and reverse...
ı am not sure if this is a expanding triangle but bought 1.4150 stop loss 1.4000
for 1.48-1.50....
any comment?
good weekend