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Realities of Forex Investment
hisah
#3181 Posted : Wednesday, June 24, 2015 11:24:46 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
@mnandii - GBP short trades taken in Asia session

Short GBPNZD @2.2980 lot size 0.5 - small trade to test the reversal momentum. Still risky on the weekly timeframe so will have to play it on the daily. This will be a longer play and I continue to fancy the shorts until it reset back to 2.13 - 2.15 level before bullish continuation.

Short GBPCAD @1.9470 lot size 0.5 - same as GBPNZD above. This will be a quick trade.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#3182 Posted : Sunday, June 28, 2015 11:50:46 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
EUR$ opens with a 150pip gap down! Greek effects... June 30th beckons.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mnandii
#3183 Posted : Tuesday, June 30, 2015 7:26:33 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
SELL GOLD!
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
#3184 Posted : Tuesday, June 30, 2015 7:29:13 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
hisah wrote:
@mnandii - GBP short trades taken in Asia session

Short GBPNZD @2.2980 lot size 0.5 - small trade to test the reversal momentum. Still risky on the weekly timeframe so will have to play it on the daily. This will be a longer play and I continue to fancy the shorts until it reset back to 2.13 - 2.15 level before bullish continuation.

Short GBPCAD @1.9470 lot size 0.5 - same as GBPNZD above. This will be a quick trade.


smile
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
#3185 Posted : Tuesday, June 30, 2015 7:51:37 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
SELL GOLD!


With SL at 1188.11. smile

@hisah? Still short gold? I smell a dive below $1000 quite 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.
hisah
#3186 Posted : Thursday, July 02, 2015 3:01:27 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mnandii wrote:
mnandii wrote:
SELL GOLD!


With SL at 1188.11. smile

@hisah? Still short gold? I smell a dive below $1000 quite soon.

Yes. Slow mo train derail. But once 1150 breaks down it'll be a steep slide! Will only add more positions on that break.

Crude bulls watch out. I gave a hint 4 weeks ago. Steep slide coming up!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
mnandii
#3187 Posted : Monday, July 06, 2015 5:10:42 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
hisah wrote:
mnandii wrote:
mnandii wrote:
SELL GOLD!


With SL at 1188.11. smile

@hisah? Still short gold? I smell a dive below $1000 quite soon.

Yes. Slow mo train derail. But once 1150 breaks down it'll be a steep slide! Will only add more positions on that break.

Crude bulls watch out. I gave a hint 4 weeks ago. Steep slide coming up!


Watch out for Gold. A powerful third wave below $1000 is in the cards.
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.
TNT
#3188 Posted : Monday, July 06, 2015 11:09:47 AM
Rank: Member

Joined: 5/22/2009
Posts: 206
mnandii wrote:
hisah wrote:
mnandii wrote:
mnandii wrote:
SELL GOLD!


With SL at 1188.11. smile

@hisah? Still short gold? I smell a dive below $1000 quite soon.

Yes. Slow mo train derail. But once 1150 breaks down it'll be a steep slide! Will only add more positions on that break.

Crude bulls watch out. I gave a hint 4 weeks ago. Steep slide coming up!


Watch out for Gold. A powerful third wave below $1000 is in the cards.


@Mnadii: Could we be looking at wave b of an abc correction with wave c likely to take price to 1288 levels?
mnandii
#3189 Posted : Monday, July 06, 2015 12:47:41 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
TNT wrote:
mnandii wrote:
hisah wrote:
mnandii wrote:
mnandii wrote:
SELL GOLD!


With SL at 1188.11. smile

@hisah? Still short gold? I smell a dive below $1000 quite soon.

Yes. Slow mo train derail. But once 1150 breaks down it'll be a steep slide! Will only add more positions on that break.

Crude bulls watch out. I gave a hint 4 weeks ago. Steep slide coming up!


Watch out for Gold. A powerful third wave below $1000 is in the cards.


@Mnadii: Could we be looking at wave b of an abc correction with wave c likely to take price to 1288 levels?


Possible. But it would make wave [ii] too big relative to wave [i]. Am assuming your labelling is similar to mine.

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.
TNT
#3190 Posted : Monday, July 06, 2015 1:02:49 PM
Rank: Member

Joined: 5/22/2009
Posts: 206
mnandii wrote:
TNT wrote:
mnandii wrote:
hisah wrote:
mnandii wrote:
mnandii wrote:
SELL GOLD!


With SL at 1188.11. smile

@hisah? Still short gold? I smell a dive below $1000 quite soon.

Yes. Slow mo train derail. But once 1150 breaks down it'll be a steep slide! Will only add more positions on that break.

Crude bulls watch out. I gave a hint 4 weeks ago. Steep slide coming up!


Watch out for Gold. A powerful third wave below $1000 is in the cards.


@Mnadii: Could we be looking at wave b of an abc correction with wave c likely to take price to 1288 levels?


Possible. But it would make wave [ii] too big relative to wave [i]. Am assuming your labelling is similar to mine.



My labeling is somewhat different. What you have as [i] is the end of my motive wave down. Your point [ii] is my wave a correction up. My correction wave b is likely to terminate or extend beyond your point [i], creating a normal or expanded flat with point c of the correction (5-wave movement) terminating at the 1288 levels, which will be the end of wave 2 and the start of motive wave 3 down. I'll try and upload a chart later.
396 Pages«<317318319320321>»
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