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Realities of Forex Investment
Ceinz
#1791 Posted : Wednesday, March 14, 2012 12:53:19 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
QW25091985 wrote:
fxtech wrote:
Will keep buying EURJPY, AUDJPY, GBPJPY & SHORT EURUSD, EURCAD, EURAUD, AUDUSD, GBPUSD


shorting euro$ is quite dangerous . its lookin' very bullish on 30 min and 1 hr chart !


Mark out this level in your charts for eur/usd 1.3030. Thats a strong support level. Only below this can we afford to be bear.
“small step for man”
hisah
#1792 Posted : Wednesday, March 14, 2012 8:39:16 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@Ceinz - EURUSD 1.3030 level broken down...

Trade update - Position 1 on NZDCAD lot size 0.5 short @0.8310 TP @0.8070 hit for 1103 pips. Position 2 SL moved to 0.8240 and TP moved to 0.79 (subject to be moved lower). CAD bulls stepping on the gas as expected, except for USDCAD cross which is rejecting any attempts to run down 0.98 levels.

Wow - gold breaks below $1650. Interesting... Silver almost sub $32 on the way to $31.50.

Yen longs still experiencing a painful squeeze - for now GBPJPY (beast) and CADJPY are on rally steriods.

Anyone had a look at the dollar index... Do you see the breakout potential?! How EURUSD is still above 1.30 is a miracle. Another miracle is how oil prices have stubbornly ignored the USD strength.

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#1793 Posted : Thursday, March 15, 2012 10:46:39 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
EURCHF daily chart looks like a breakout... Waiting for the weekly to follow suit before initiating any trades. Though still not a euro bull fan...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
QW25091985
#1794 Posted : Thursday, March 15, 2012 2:40:25 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
hisah wrote:
EURCHF daily chart looks like a breakout... Waiting for the weekly to follow suit before initiating any trades. Though still not a euro bull fan...



OMG ! i cannot believe what i have just read . @ hisah . you are bullish on the euro ? Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly . Wonders never cease !
QW25091985
#1795 Posted : Thursday, March 15, 2012 3:22:43 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
funny

fxtech
#1796 Posted : Friday, March 16, 2012 9:09:37 AM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
QW25091985 wrote:
hisah wrote:
EURCHF daily chart looks like a breakout... Waiting for the weekly to follow suit before initiating any trades. Though still not a euro bull fan...



OMG ! i cannot believe what i have just read . @ hisah . you are bullish on the euro ? Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly . Wonders never cease !



EURCHF Long makes alot of sense,I conquer with Hisah, smart traders would not worry too much about EUR but also look at what the Swiss gov is upto and note there is a floor for the pair at 1.20000. If and only if we break that floor can we talk of Bearish
Discipline & sticking to your strategy even when you loosing defines great traders.
fxtech
#1797 Posted : Friday, March 16, 2012 4:27:30 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
Hope somebody bought those EURJPY. AUDJPY &GBPJPY pairs, and I end my week in style, pips and loads of pips.
Discipline & sticking to your strategy even when you loosing defines great traders.
QW25091985
#1798 Posted : Friday, March 16, 2012 4:29:35 PM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
Sex and
Trading are very much alike. The
next thrust is always better after a
good pullback. #JustSaying
dave.kim
#1799 Posted : Monday, March 19, 2012 10:05:29 PM
Rank: Member

Joined: 6/25/2010
Posts: 176
QW25091985 wrote:
Sex and
Trading are very much alike. The
next thrust is always better after a
good pullback. #JustSaying

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly am feeling that on GBPJPY
Rule No.1 is never lose money. Rule No.2 is never forget rule number one
QW25091985
#1800 Posted : Tuesday, March 20, 2012 6:52:16 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
dave.kim wrote:
QW25091985 wrote:
Sex and
Trading are very much alike. The
next thrust is always better after a
good pullback. #JustSaying

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly am feeling that on GBPJPY



Laughing out loudly Laughing out loudly Laughing out loudly Crazy mindz !
396 Pages«<178179180181182>»
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