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Realities of Forex Investment
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mnandii
#3311 Posted : Sunday, November 08, 2015 6:06:37 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Two Opportunities you don't want to miss:



EURGBP

Go long as soon as the market opens with a SL at 0.7039. Aim for at least 400 pips.
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
#3312 Posted : Sunday, November 08, 2015 6:10:45 PM
Rank: Elder

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


EURJPY

Also Go Long with a SL at 131.47. Aim for about 430 pips.
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
#3313 Posted : Sunday, November 08, 2015 6:12:32 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
My Elliott Wave based signal service is coming soon. So I urge you to follow these trades keenly.
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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Ceinz
#3314 Posted : Monday, November 09, 2015 9:02:25 AM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
1300 pip move in USDCHF,

IMHO you don't stop a moving train, clever is to ride along:: the train is this dollar bull.

So here we got this pair, on the monthly (this is a big chart), so may be can take about 3 months



On the monthly, I spot a double bottom .7078 & .8275, currently price dancing about parity(which is slightly above 23
fibo retracement of the move 1.8230 -0.7078)

My expectation: price move from current level (Parity) to about 1.1360, which is 38 fibo retracement of the above move.

Plan: Build up positions on retracements and take profits on sufficient up move, enjoy
“small step for man”
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mnandii
#3315 Posted : Monday, November 09, 2015 9:20:26 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
mnandii wrote:
My Elliott Wave based signal service is coming soon. So I urge you to follow these trades keenly.




A 1500 pip move in GBPJPY expected soon. Join here:

https://join.skype.com/dyv2JPORdNCe
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
#3316 Posted : Monday, November 09, 2015 11:33:30 AM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
Guys can also search for the Facebook group @mnandii Elliott Wave Based Signals and join. All the best in your trading.
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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hisah
#3317 Posted : Monday, November 09, 2015 4:55:41 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Since last year I've indicated that the pound will snap and it has been sliding since June 2014. The volume traded in the GBP futures in Sept was the highest in 10yrs! If my hunch is right the pound will lose value very rapidly when the next down leg starts. Is the pound about to fall again like back in 1991 during the ERM crisis?
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mnandii
#3318 Posted : Monday, November 09, 2015 5:55:46 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
The EURGBP and EURJPY longs should be in place now. SL s discussed earlier. ‪#‎Best‬
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
#3319 Posted : Monday, November 09, 2015 6:11:34 PM
Rank: Elder

Joined: 10/11/2006
Posts: 2,304
hisah wrote:
Since last year I've indicated that the pound will snap and it has been sliding since June 2014. The volume traded in the GBP futures in Sept was the highest in 10yrs! If my hunch is right the pound will lose value very rapidly when the next down leg starts. Is the pound about to fall again like back in 1991 during the ERM crisis?



Also keenly watching GBP$. Should give nice pips 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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hisah
#3320 Posted : Monday, November 09, 2015 6:36:09 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
mnandii wrote:
hisah wrote:
Since last year I've indicated that the pound will snap and it has been sliding since June 2014. The volume traded in the GBP futures in Sept was the highest in 10yrs! If my hunch is right the pound will lose value very rapidly when the next down leg starts. Is the pound about to fall again like back in 1991 during the ERM crisis?



Also keenly watching GBP$. Should give nice pips soon.

Btw I rarely trade GBP$ I prefer the beast (GBP/yen) and minor/exotic GBP crosses. Though they charge a higher spread, but when you catch the right move, the pips rain like a storm smile

Note: Trading minor or exotic crosses is highly not recommended for beginners (very volatile due to thin liquidity) as well as for accounts with <$10,000 coz of the heavy margin requirements.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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