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Realities of Forex Investment
fxtech
#1411 Posted : Monday, November 14, 2011 11:35:14 AM
Rank: Member

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

SHORTs on:

Nasdaq 100 mini Dec futures &

SP500 Mini Dec 2011 futures
Discipline & sticking to your strategy even when you loosing defines great traders.
hisah
#1412 Posted : Monday, November 14, 2011 11:43:50 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
QW25081985 wrote:
Quite a heavy set of data coming from euro. so i think it will fall maybe alittle but i believe over all trend is up if you look at daily !

How many times has TA failed suddenly on anything euro? Have you noticed that? The euro makers are positive, but their servants are negative & stopped believing the masters. That's the last thing any gubberment wants in this cocktail of deadly debt economies. This socio-economic negativity is enough to break the EU.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Ceinz
#1413 Posted : Monday, November 14, 2011 12:39:51 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
hisah wrote:
QW25081985 wrote:
Quite a heavy set of data coming from euro. so i think it will fall maybe alittle but i believe over all trend is up if you look at daily !

How many times has TA failed suddenly on anything euro? Have you noticed that? The euro makers are positive, but their servants are negative & stopped believing the masters. That's the last thing any gubberment wants in this cocktail of deadly debt economies. This socio-economic negativity is enough to break the EU.


Technically we are still bearish as per the H-S pattern that QW pointed out last week, only a break above the right shoulder will render this pattern invalid.
“small step for man”
hisah
#1414 Posted : Monday, November 14, 2011 9:58:32 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
http://vegasxau.blogspot.com/
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
QW25081985
#1415 Posted : Monday, November 14, 2011 10:19:22 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
Ceinz wrote:
hisah wrote:
QW25081985 wrote:
Quite a heavy set of data coming from euro. so i think it will fall maybe alittle but i believe over all trend is up if you look at daily !

How many times has TA failed suddenly on anything euro? Have you noticed that? The euro makers are positive, but their servants are negative & stopped believing the masters. That's the last thing any gubberment wants in this cocktail of deadly debt economies. This socio-economic negativity is enough to break the EU.


Technically we are still bearish as per the H-S pattern that QW pointed out last week, only a break above the right shoulder will render this pattern invalid.


@ ceinz . things are really thick with the euro.if italy cannot get its house inorder i donot know what will happen...
fxtech
#1416 Posted : Tuesday, November 15, 2011 2:14:48 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
Opportunity might emerge to buy EURUSD AUDUSD, though the major trend is bearish
Discipline & sticking to your strategy even when you loosing defines great traders.
QW25081985
#1417 Posted : Tuesday, November 15, 2011 2:16:12 PM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
fxtech wrote:
Opportunity might emerge to buy EURUSD AUDUSD, though the major trend is bearish


i totally feel you . a correction should be coming anytime soon but its >100 pips away !!!!!!!!!!!!!!!!!!!!
fxtech
#1418 Posted : Tuesday, November 15, 2011 8:36:49 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
Handsome profits booked on Nasdaq $ SP500 Futures

Trading: Long AUDSUD EURUSD entry 1.0150 & 1.3524 respectively
Discipline & sticking to your strategy even when you loosing defines great traders.
Eric_Nyamu
#1419 Posted : Wednesday, November 16, 2011 7:36:36 AM
Rank: New-farer

Joined: 10/6/2011
Posts: 84
fxtech wrote:
@Hisah hope you enjoying the USDSGD bull ride
Applause Applause Applause




anybody trading the eur/jpy .

hisah
#1420 Posted : Wednesday, November 16, 2011 7:56:49 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Oh my, that EURJPY compressing channel is going to make the bottom fall out! I hope the french will keep propping it as they're at the moment. A lot of euro inflows in france for a while now. This is what has made the euro sort of resilient. On normal conditions, EURUSD should have been below 1.3 by now...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
396 Pages«<140141142143144>»
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