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Realities of Forex Investment
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hisah
#1601 Posted : Friday, January 27, 2012 10:02:12 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
That MACD on that EURGBP chart is indicating otherwise on the momentum of the bulls.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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fxtech
#1602 Posted : Friday, January 27, 2012 11:00:57 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI







@Hisah eurgbp still looking bull



















Discipline & sticking to your strategy even when you loosing defines great traders.
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  | | Edit by user: Friday, January 27, 2012 11:02 PM | Reason: Not specified
Simplified
#1603 Posted : Saturday, January 28, 2012 2:55:07 AM
Rank: Member

Joined: 11/26/2009
Posts: 67
Location: Pare pare
fxtech wrote:







@Hisah eurgbp still looking bull




















Am green in fx trading,which is the best firm to register with?


Hug the bear....ride the bull.....di$mount!!!
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  | | Edit by user: Saturday, January 28, 2012 2:56 AM | Reason: Not specified
QW25091985
#1604 Posted : Saturday, January 28, 2012 10:47:48 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Simplified wrote:
fxtech wrote:







@Hisah eurgbp still looking bull




















Am green in fx trading,which is the best firm to register with?






when you say you are green does it mean you havenot even demo traded or you mean you haven't traded with real money as yet . if you havent even demo traded DONOT EVEN DARE trade with your hard earned real money because YOU WILL LOOSE IT ALL . First demo trade for like six months and this will help you get a feel of the market then start with a no deposit bonus account being offered by most broker .
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QW25091985
#1605 Posted : Saturday, January 28, 2012 10:49:19 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Okay euro zone countries get a downgrade again and euro rallies . WOW . ontop of that speculator are net short for a record billions of dollars ...LOL
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fxtech
#1606 Posted : Saturday, January 28, 2012 12:10:54 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
@ Simplified, u can try Windsor, FXDD, Tadawul or Alpari atleast I hv live trading with either. Also my best advice would be get yourself a good trading plan and strategy because that is what will make you something.
Discipline & sticking to your strategy even when you loosing defines great traders.
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fxtech
#1607 Posted : Saturday, January 28, 2012 12:21:36 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
TRADE UPDATES:

USDTRY, GBPCHF Shorts doing very fine. Looking to add GBPCHF Shorts next week.

GOLD Long doing finer than fine. Will be looking for opportunities to add on to longs.

POSSIBLE LONGS; AUDUSD, EURUSD, GBPUSD, NZDUSD

POSSIBLE SHORTS; USDCHF, USDCAD


WATCH LIST:

i. GBPNZD short on a break below 1.9043, Long on a break above 1.9278

ii. EURAUD Short on break below 1.2315, Long on break above 1.2439
Discipline & sticking to your strategy even when you loosing defines great traders.
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hisah
#1608 Posted : Saturday, January 28, 2012 2:20:36 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@fxtech - EURGBP bullish on the short term, but not on long term as per that MACD. Bulls target 0.8580 - 0.8620.

AUDCAD and NZDCAD - this will make nice shorts in coming weeks soon as per the monthly charts... Waiting for USDCAD to break below 0.9960 to confirm CAD bull strength. AUDCAD shorting zone 1.08 - 1.09 and NZDCAD - 0.8600.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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QW25091985
#1609 Posted : Saturday, January 28, 2012 6:21:39 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
hisah wrote:
That MACD on that EURGBP chart is indicating otherwise on the momentum of the bulls.


ehehhe. just hope you arent standing infront of a high speed train i.e the euro
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fxtech
#1610 Posted : Sunday, January 29, 2012 8:08:11 AM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
@ Hisah I agree EURGBP Bullish My target would be 0.8538.

NZDCAD also very bullish my target would be 1.8667 area

USDCAD Looks like it will go down to 0.9687 in the next few weeks.

Hisah thumbs up man, nice analyses Applause Applause Applause Applause Applause Applause Applause
Discipline & sticking to your strategy even when you loosing defines great traders.
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