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EURUSD

  • #542,921
  • Sep 23, 2011 12:37pm Sep 23, 2011 12:37pm
Quoting micho
i think for the eurousd to break 1.3592 and for gpbjpy to break the lowest ever level is an indication of the start of something nasty...

another big thing the break of 1.3427 can be the start of the bullish monthly trend, i expect big long orders to kick in right now starting from this week to push euro to 1.43x, and second target 1.52x. next strong monthly stop loss is 1.2587...

breaking 1.2587 will send euro to the caves...

With concerns of defaulting Europe, this is to optimistic for me
  • #542,922
  • Sep 23, 2011 12:42pm Sep 23, 2011 12:42pm
Quoting Forexprofit
With concerns of defaulting Europe, this is to optimistic for me
yes but remember the charts dont lie, it will be a tough battle for the bears... because the price is accumulation... if you look at the monthly chart you will see that it might be the start of the bull run to 1.43x...
When life gives you lemons, make lemonade
  • #542,923
  • Sep 23, 2011 12:42pm Sep 23, 2011 12:42pm
  •  XDorkX
  • | Joined Sep 2011 | Status: I'm Polish & better looking than U | 183 Posts
Quoting Forexprofit
With concerns of defaulting Europe, this is to optimistic for me
My thoughts exactly.
  • #542,924
  • Sep 23, 2011 12:47pm Sep 23, 2011 12:47pm
i dunno how to explain it but sometimes my trades go exactly as planned to the pip and some other times they don't, it is like there is something missing
When life gives you lemons, make lemonade
  • #542,925
  • Sep 23, 2011 12:49pm Sep 23, 2011 12:49pm
Quoting micho
i think for the eurousd to break 1.3592 and for gpbjpy to break the lowest ever level is an indication of the start of something nasty...

another big thing the break of 1.3427 can be the start of the bullish monthly trend, i expect big long orders to kick in right now starting from this week to push euro to 1.43x, and second target 1.52x. next strong monthly stop loss is 1.2587...

breaking 1.2587 will send euro to the caves...

i see euro at 1.3 in the long run by december
  • #542,926
  • Sep 23, 2011 12:51pm Sep 23, 2011 12:51pm
Quoting micho
yes but remember the charts dont lie, it will be a tough battle for the bears... because the price is accumulation... if you look at the monthly chart you will see that it might be the start of the bull run to 1.43x...
The financial hypotheses that's is teach in university - rational expectations are equal to optimal expectation based on 100% knowing of all news, all expect Greece to defaults, if that happerns it would trigger massive selloff. Well I'm not a fan of this theory - because there is many cons and I"M TA and TA exceeds FA - but on monthly view Euro is in forming of third wave and think that up move is very limited.
  • #542,927
  • Sep 23, 2011 12:52pm Sep 23, 2011 12:52pm
Hello bit of advice needed.I've got 2 losing long positions open at the moment is it best to take my losses or leave them over the weekend?
  • #542,928
  • Sep 23, 2011 12:54pm Sep 23, 2011 12:54pm
Quoting micho
i dunno how to explain it but sometimes my trades go exactly as planned to the pip and some other times they don't, it is like there is something missing
Mine too, I'm less bull then I was month ago
  • #542,929
  • Sep 23, 2011 12:55pm Sep 23, 2011 12:55pm
Quoting CorBlimeyGuv
Hello bit of advice needed.I've got 2 losing long positions open at the moment is it best to take my losses or leave them over the weekend?
It's bad thing to let your position over weekends, last weekly openings was with gaps and if something happens this weekend in favor of bears, you'll suffer big one
  • #542,930
  • Sep 23, 2011 12:56pm Sep 23, 2011 12:56pm
Quoting Forexprofit
With concerns of defaulting Europe, this is to optimistic for me
same here
  • #542,931
  • Sep 23, 2011 12:57pm Sep 23, 2011 12:57pm
Quoting Forexprofit
The financial hypotheses that's is teach in university - rational expectations are equal to optimal expectation based on 100% knowing of all news, all expect Greece to defaults, if that happerns it would trigger massive selloff. Well I'm not a fan of this theory - because there is many cons and I"M TA and TA exceeds FA - but on monthly view Euro is in forming of third wave and think that up move is very limited.
the thing is i dont care about the news, according to what i believe news and long term forecasts are all priced in already. in my opinion, the big players are not really surprised of what might come out regarding greece and other stuff in europe or usa... they already knew what is going to happen and trade accordingly... just my opinion, we live the present and past, they live in the future
When life gives you lemons, make lemonade
  • #542,932
  • Sep 23, 2011 12:59pm Sep 23, 2011 12:59pm
Quoting Forexprofit
It's bad thing to let your position over weekends, last weekly openings was with gaps and if something happens this weekend in favor of bears, you'll suffer big one
Thanks never had any posistions open before over weekend
  • #542,933
  • Sep 23, 2011 1:00pm Sep 23, 2011 1:00pm
ppt buying the dow lol ! gotta finish friday green

tempted to short ...
  • #542,934
  • Sep 23, 2011 1:03pm Sep 23, 2011 1:03pm
  •  XDorkX
  • | Joined Sep 2011 | Status: I'm Polish & better looking than U | 183 Posts
Quoting free4440273
ppt buying the dow lol ! gotta finish friday green

tempted to short ...
Still holding FAZ, SD, SHS since Monday open. Gotta love those ultrashort ETF's.
  • #542,935
  • Sep 23, 2011 1:04pm Sep 23, 2011 1:04pm
Quoting free4440273
ppt buying the dow lol ! gotta finish friday green

tempted to short ...
short dow 803
  • #542,936
  • Sep 23, 2011 1:07pm Sep 23, 2011 1:07pm
Quoting CorBlimeyGuv
Hello bit of advice needed.I've got 2 losing long positions open at the moment is it best to take my losses or leave them over the weekend?
big gap down for 100 pips and more is waiting on monday
ROBOT FOREX
  • #542,937
  • Sep 23, 2011 1:09pm Sep 23, 2011 1:09pm
Quoting free4440273
short dow 803
exit 784 for a quick one .
  • #542,938
  • Sep 23, 2011 1:14pm Sep 23, 2011 1:14pm
Quoting Forbes55
big gap down for 100 pips and more is waiting on monday
How do you know that?
Use me as a contrarian indicator
  • #542,939
  • Sep 23, 2011 1:20pm Sep 23, 2011 1:20pm
Waiting for 3540/5 again & breaks if possible this time to & today then 3572 target. resistance there 3509 need breaks .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #542,940
  • Sep 23, 2011 1:21pm Sep 23, 2011 1:21pm
Quoting mrbandwidth
How do you know that?
don't even ask man...

this is top secret info from very degerous and confidential source!
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