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Realities of Forex Investment
mnandii
#2811 Posted : Saturday, August 02, 2014 2:48:45 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
DJIA was down 2.75% for the week, erasing the ENTIRE gain for 2014
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.
Sufficiently Philanga....thropic
#2812 Posted : Saturday, August 02, 2014 8:38:24 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
mnandii wrote:
hisah wrote:
hisah wrote:
EURUSD oversold in the Daily and 4hr timeframes.

Got long at market @1.3426 with lot size 1.

If it tests a low of 1.34 to 1.3380 I'll initiate another long with a larger lot size.

For a moment EURUSD almost got me running away from the trade when it threatened to break down 1.3350. Still in this trade and I expect the euro to be muscular next week on temporary rebound.


The below expectations NFP figure of 209K must have been a blessing to yousmile
I agree with you on a rebound.My target is long 1.3400 early next week for a possible 70-100pips. I expect a volatile EUR on Thursday as ECB President. gives a MPS.
@SufficientlyP
hisah
#2813 Posted : Tuesday, August 05, 2014 3:15:40 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
The trouble with the euro

$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Sufficiently Philanga....thropic
#2814 Posted : Tuesday, August 05, 2014 5:18:59 PM
Rank: Elder

Joined: 9/23/2010
Posts: 2,225
Location: Sundowner,Amboseli
hisah wrote:
The trouble with the euro



And the bleeding continues!
@SufficientlyP
mnandii
#2815 Posted : Tuesday, August 05, 2014 5:50:09 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Going long AUD$ at 0.9302 SL 0.9270.
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.
mnandii
#2816 Posted : Wednesday, August 06, 2014 6:33:18 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
GOLD. Expecting a strong rally.
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.
mnandii
#2817 Posted : Wednesday, August 06, 2014 6:37:55 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
EUR$ should also rally from current levels and move at least 160 pips to 1.3533-1.3570. Have a Stop Loss at 1.3330.
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.
mnandii
#2818 Posted : Wednesday, August 06, 2014 9:36:25 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
EUR$ should also rally from current levels and move at least 160 pips to 1.3533-1.3570. Have a Stop Loss at 1.3330.



Yes! The minimum requirements for a rally have been met. Wave b is 1.236 of wave a.
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.
hisah
#2819 Posted : Wednesday, August 06, 2014 2:17:24 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mnandii wrote:
mnandii wrote:
EUR$ should also rally from current levels and move at least 160 pips to 1.3533-1.3570. Have a Stop Loss at 1.3330.



Yes! The minimum requirements for a rally have been met. Wave b is 1.236 of wave a.

Yep. GBPUSD too is ready to spring as long as 1.6800/11 zone doesn't breakdown.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Internet
#2820 Posted : Thursday, August 07, 2014 9:07:23 AM
Rank: New-farer

Joined: 12/16/2009
Posts: 33
Thanks for the EUR/USD tip....made a few pips
396 Pages«<280281282283284>»
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