Wazua
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Realities of Forex Investment
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Can anyone see the falling trendline on the EURUSD joining the late Aug 2011 top, late Oct 2011 top & late Jan 2012 on the daily chart? The next few weeks will confirm if the cross is about to test 1.25. Breaking below targets 1.2 then 1.18. At those levels, the bear extremes will be interesting. Dont forget the record shorts contracts are still intact even with the current bounce... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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Bullish bull flag on 4 hr chart . Euro Dollar 
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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hisah wrote:Can anyone see the falling trendline on the EURUSD joining the late Aug 2011 top, late Oct 2011 top & late Jan 2012 on the daily chart?
The next few weeks will confirm if the cross is about to test 1.25. Breaking below targets 1.2 then 1.18. At those levels, the bear extremes will be interesting. Dont forget the record shorts contracts are still intact even with the current bounce... wewe post the chart some of us cannt imagine very well . 
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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anybody trading the euro/nzd ..this is a nice place to go long ! 
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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double bottom on gbp/jpy
[img]http://chart.ly/uploads/twqaxfk.png[img]
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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QW25091985 wrote:double bottom on gbp/jpy  Yep, But could reverse to 119 if triangle breaksdown. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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nice bull flags on silver ( 4 hr chart) 
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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Trading psychology.  “small step for man”
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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Us labour department post good jobs data for the second time this year. Is this for real ama ni doctoring?? “small step for man”
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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Ceinz, Guest (44). Mhh, so many guests. “small step for man”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Ceinz wrote:Ceinz, Guest (44). Mhh, so many guests.
I noticed the same last week. Is this thread being scanned... Very few participants and more than 10 fold guests...
As for NFP, what a charade...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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WOW ! what just happened .. thats why i hate trading nfp !
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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hisah wrote:Ceinz wrote:Ceinz, Guest (44). Mhh, so many guests.
I noticed the same last week. Is this thread being scanned... Very few participants and more than 10 fold guests...
As for NFP, what a charade... Spectators watching from a far. Btw Hisah you have to admit that trading is not easy. That explains it. “small step for man”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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QW25091985 wrote:WOW ! what just happened .. thats why i hate trading nfp ! Remember that EURUSD tip I gave without a chart?$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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QW25091985 wrote:WOW ! what just happened .. thats why i hate trading nfp ! Hope you didn't get caught. I have been dollar bull this week. short euro and chf against dollar. I expect dollar bull to play out coming weeks. “small step for man”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Ceinz wrote:hisah wrote:Ceinz wrote:Ceinz, Guest (44). Mhh, so many guests.
I noticed the same last week. Is this thread being scanned... Very few participants and more than 10 fold guests...
As for NFP, what a charade... Spectators watching from a far. Btw Hisah you have to admit that trading is not easy. That explains it. As long as platforms are run by HFT machines that trade in nanosecs while scanning headlines many times faster than humans, the markets are broken and the masters like it that way - slippages, stop-hunting etc and other sorts of manipulations. I gave up trading news events when HFTs went super hyper from GFC time.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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hisah wrote:Ceinz wrote:hisah wrote:Ceinz wrote:Ceinz, Guest (44). Mhh, so many guests.
I noticed the same last week. Is this thread being scanned... Very few participants and more than 10 fold guests...
As for NFP, what a charade... Spectators watching from a far. Btw Hisah you have to admit that trading is not easy. That explains it. As long as platforms are run by HFT machines that trade in nanosecs while scanning headlines many times faster than humans, the markets are broken and the masters like it that way - slippages, stop-hunting etc and other sorts of manipulations. I gave up trading news events when HFTs went super hyper from GFC time. Good observation and resolve. However, this is less challenge with long term trade system, that I have recently adopted. Otherwise, for short term trades, its good to stay out during big releases. “small step for man”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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@ceinz - Now you get why I got off short term trades and went long term. The headaches, sweating, cursing, desperation, red watery eyes, sleepless nights etc become a distant nightmare. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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hisah wrote:@ceinz - Now you get why I got off short term trades and went long term. The headaches, sweating, cursing, desperation, red watery eyes, sleepless nights etc become a distant nightmare.  Qw. hope you got this. “small step for man”
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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Ceinz wrote:hisah wrote:@ceinz - Now you get why I got off short term trades and went long term. The headaches, sweating, cursing, desperation, red watery eyes, sleepless nights etc become a distant nightmare. Qw. hope you got this. what !!!! nope . the way to trade is to day trade . according to me its fun...i love fast paced trading . the best i have come to put a long term trade is 3 days ... putting money in the pocket everyday is just nice ...
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