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Realities of Forex Investment
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mnandii
#2721 Posted : Friday, June 27, 2014 2:00:06 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
kyt wrote:
mnandii wrote:
mnandii wrote:
EUR$ 1.3690 level very important today. Shld be the level from which the dramatic drop in the pair starts.

The fall is in the cards.

@mnadii EUR/$ has not seen the 1.390 level since May 22-25th, how come you are quoting the level yet it been more than a month seen those levels were last seen. i dont get it?
i had taken a buy position with a TP of 1.375, it lasted for 2 weeks and i lost the positon at a SL of 1.362; 19.2 pips up.
can you explain your statement Sir please.

It is the 38,2% retracement level of the fall from 1.3993 to 1.3502. The pair has been in a correction which is not yet complete.
The fall in Eur$ shld be strong once correction completes. As it is the pair can only move sideways till then.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#2722 Posted : Sunday, June 29, 2014 4:17:30 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Gold seems to have some little unfinished business before the expected downturn.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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Pesa Nane
#2723 Posted : Monday, June 30, 2014 1:54:28 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
mnandii wrote:
hisah wrote:
@stockhunter - I use saxobank, fxcm and fxdd.
I saw you ventured into VIPortal. My gut feeling has rejected it due to those crazy returns similar to HYIP schemes, but good luck.

Yep. VIPortal is funny. They even claim that a month is a pip! Sad So if u invest for two months you have invested for two pips smile

@stockshunter, which forex school do you want to go to?


Pesa Nane plans to be shilingi when he grows up.
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Ceinz
#2724 Posted : Monday, June 30, 2014 10:06:33 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Ceinz wrote:
mnandii wrote:
mnandii wrote:
mnandii wrote:
Gold should rise to 1330s soon before a breathtaking fall.

Gold rising nicely. But I expect more upside. Currently at 1281.


Once Gold completes its triangle formation above 1300, it will be an epic fall.
Equities are likely to do the same. #deflation


I doubt this. I see gold headed to $1350 before correction to $1300, then to $1450 and then to $1650 etc.


Gold now @ $1330, as I had said I see resistance at $1350,that should lead to a little correction before we print higher.
“small step for man”
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mnandii
#2725 Posted : Tuesday, July 01, 2014 6:55:26 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Ceinz wrote:
Ceinz wrote:
mnandii wrote:
mnandii wrote:
mnandii wrote:
Gold should rise to 1330s soon before a breathtaking fall.

Gold rising nicely. But I expect more upside. Currently at 1281.


Once Gold completes its triangle formation above 1300, it will be an epic fall.
Equities are likely to do the same. #deflation


I doubt this. I see gold headed to $1350 before correction to $1300, then to $1450 and then to $1650 etc.


Gold now @ $1330, as I had said I see resistance at $1350,that should lead to a little correction before we print higher.

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#2726 Posted : Tuesday, July 01, 2014 6:57:11 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
Gold seems to have some little unfinished business before the expected downturn.



Gold.
Rising in an ending diagonal pattern. The Superfast drop below $1200 is close at hand.

Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#2727 Posted : Tuesday, July 01, 2014 7:00:31 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
kyt wrote:
mnandii wrote:
mnandii wrote:
EUR$ 1.3690 level very important today. Shld be the level from which the dramatic drop in the pair starts.

The fall is in the cards.

@mnadii EUR/$ has not seen the 1.390 level since May 22-25th, how come you are quoting the level yet it been more than a month seen those levels were last seen. i dont get it?
i had taken a buy position with a TP of 1.375, it lasted for 2 weeks and i lost the positon at a SL of 1.362; 19.2 pips up.
can you explain your statement Sir please.

It is the 38,2% retracement level of the fall from 1.3993 to 1.3502. The pair has been in a correction which is not yet complete.
The fall in Eur$ shld be strong once correction completes. As it is the pair can only move sideways till then.


EUR$ requires just one small push higher before dropping. Am already short.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#2728 Posted : Wednesday, July 02, 2014 7:04:52 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


It will be interesting what you will read in 'news' once gold falls: Gold falls on week US data; Non-Farm Payrolls disappoint gold bugs....etc etc. The crash is imminent.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#2729 Posted : Wednesday, July 02, 2014 7:06:31 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
http://www.elliottwave.com/free...ecast.aspx#axzz36BfM67eL
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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mnandii
#2730 Posted : Wednesday, July 02, 2014 7:15:38 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304


GBP$ should drop soon.
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.
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