Disliked{quote} EURUSD will never ever hit 1.4500 this month!!!! Be sure for that!Ignored
- #889,204
- Apr 11, 2014 2:00am Apr 11, 2014 2:00am
{quote} Look we are trying to show you that fundamentally ECB does not want high Euro. Its not 14,250 its 1.425Your charts can't think but you can. "With euro-area inflation at the weakest in more than four years, Draghi says he has “unanimous” backing from policy makers for unconventional measures if needed. Even so, recent comments show officials haven’t yet agreed on which tools to use, setting them up for discussions on whether to take an unprecedented leap into quantitative easing or...
Buy at the Low, Sell at the High You make money by waiting not by trading.
- #889,205
- Apr 11, 2014 2:01am Apr 11, 2014 2:01am
Only thing we can be sure is that every small movement is actually part of the big movement.
1.3966 last month was the %50 Fibo of the 1.60 -1.20 fall from 2008.And if you check the chart in this way you can see that all fibo levels are confirmed and thats why 1.3480 area held strongly 2 months ago.So the scenario now is
If we close monthly over 1.3966 then next targets are 1.4170 and possibly 1.4440
if we stay under 1.3966 then next targets are 1.3480 and 1.28xx
IMO 1.44 is a dream as it was tested before but not impossible .
Best trading strategy for me is to go short from 1.39xx with a stop at 1.40 and leave it as much as it goes. Lose 100 pips or get 1000
1.3966 last month was the %50 Fibo of the 1.60 -1.20 fall from 2008.And if you check the chart in this way you can see that all fibo levels are confirmed and thats why 1.3480 area held strongly 2 months ago.So the scenario now is
If we close monthly over 1.3966 then next targets are 1.4170 and possibly 1.4440
if we stay under 1.3966 then next targets are 1.3480 and 1.28xx
IMO 1.44 is a dream as it was tested before but not impossible .
Best trading strategy for me is to go short from 1.39xx with a stop at 1.40 and leave it as much as it goes. Lose 100 pips or get 1000
- #889,206
- Apr 11, 2014 2:02am Apr 11, 2014 2:02am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #889,207
- Apr 11, 2014 2:03am Apr 11, 2014 2:03am
- Joined Oct 2010 | Status: Trader | 5,442 Posts
{quote} Look we are trying to show you that fundamentally ECB does not want high Euro. Its not 14,250 its 1.425
- #889,209
- Apr 11, 2014 2:10am Apr 11, 2014 2:10am
- | Joined May 2010 | Status: Non Member | 2,751 Posts
Don't be smart. Be rich.
- #889,213
- Apr 11, 2014 2:13am Apr 11, 2014 2:13am
- | Joined Aug 2013 | Status: "Don't follow me i'm already lost " | 1,136 Posts
Re-Incarnated
- #889,215
- Apr 11, 2014 2:15am Apr 11, 2014 2:15am
- | Joined May 2010 | Status: Non Member | 2,751 Posts
3900 pierced and broken gate open for 3976 my old target missed by 6 pips (Thanks to Mario). He will get a 20 pips penalty due to the late delivering so the target is 3996.
gate open for 3976 my old target missed by 6 pips (Thanks to Mario). He will get a 20 pips penalty due to the late delivering so the target is 3996.
Don't be smart. Be rich.
- #889,217
- Apr 11, 2014 2:17am Apr 11, 2014 2:17am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing
