wazua Fri, Apr 10, 2026
Welcome Guest Search | Active Topics | Log In

396 Pages«<7273747576>»
Realities of Forex Investment
fxtech
#731 Posted : Thursday, February 17, 2011 4:18:47 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
SHORT EURAUD@1.3500 tp 1.3400 sl 1.3560,

AUDUSD Might climb higher
Discipline & sticking to your strategy even when you loosing defines great traders.
Ceinz
#732 Posted : Thursday, February 17, 2011 7:42:47 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
fxtech wrote:
AUDUSD Might climb higher


Good forecast.smile
“small step for man”
qw25041985
#733 Posted : Thursday, February 17, 2011 8:47:59 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
OhHHHHH !!! my gbp/chf got stophunted !!!nkt...but itis very much convincingly going down...so re-entered again. seeking > 500 pips or so...w/ no interest rates coming as traders had expected gbp/chf and gbp/jpy shld go down as traders seek saftey ...
Your future depends on your dreams so go to sleep !
qw25041985
#734 Posted : Thursday, February 17, 2011 8:50:16 PM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
fxtech wrote:
SHORT EURAUD@1.3500 tp 1.3400 sl 1.3560,

AUDUSD Might climb higher


nice call . though i dnt understand the volatility of this pair....beats me .. this might be a stop hunr brcause allot of stop were trigerred by that up move ...when will it ever make up its mind its so dis-organized on the daily charts..have a look for yourself.
Your future depends on your dreams so go to sleep !
qw25041985
#735 Posted : Friday, February 18, 2011 9:00:44 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
Things DONOT look so good for the dollar .

USD Index Suggests Downside May Be In Store For The Buck

Fundamentals suggest the greenback should be trading firmer considering mostly positive U.S. data surprises, improving growth outlooks, and inflows from emerging markets to developed economies but the buck has not been able to maintain its recent gains. The buck was sold today on the back of continued equity market upside and disappointing weekly jobless claims. Price action has led to a number of technical developments in the USD Index and EUR/USD that suggests near term dollar selling may continue.

USD INDEX

The technical picture in the USD Index seems quite bearish as today’s close under 78.25 bear flag support that projects a measured move objective towards the Dec. ’09 74.00 lows.

Look at image below

http://www.actionforex.c...forexcom/2011021811.gif

EUR/USD

EUR/USD is close to confirming the bearish dollar outlook suggested by the USD Index - hourly closes above 1.3625 declining wedge resistance suggests a measured move objective towards the 1.3900 figure.

Image below :

http://www.actionforex.c.../forexcom/2011021812.gif
Your future depends on your dreams so go to sleep !
qw25041985
#736 Posted : Friday, February 18, 2011 9:28:17 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
This is also an intresting e/u chart .NOTE THE 61.8 fib level .

http://www.innerfx.com/w...hrs-chart-2-17-20111.png
Your future depends on your dreams so go to sleep !
qw25041985
#737 Posted : Friday, February 18, 2011 9:33:25 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
[quote=qw25041985]This is also an intresting e/u chart .NOTE THE 61.8 fib level .

http://www.innerfx.com/w...rs-chart-2-17-20111.png[/quote]


An Intresting hourly chart

E/U hourly Chart
Your future depends on your dreams so go to sleep !
qw25041985
#738 Posted : Friday, February 18, 2011 9:35:08 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
This is also an intresting e/u chart .NOTE THE 61.8 fib level .

http://www.innerfx.com/w...rs-chart-2-17-20111.png

Your future depends on your dreams so go to sleep !
qw25041985
#739 Posted : Friday, February 18, 2011 9:37:28 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
An Intresting hourly chart

E/U hourly Chart

Your future depends on your dreams so go to sleep !
kasheshe
#740 Posted : Friday, February 18, 2011 12:12:52 PM
Rank: New-farer

Joined: 8/6/2010
Posts: 26
Qw,

It appears the stars are all lined up for a long bear run for Eur/Usd. The break out south has already began. I have had some sell trades for some time and I will hold on to ride on the forming bear trend. I almost exited as the bull momentun appeared too unrelenting.
smile
396 Pages«<7273747576>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.