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cgldsmth replied Nov 26, 2012some peace in the Middle East would help. In-shah-Allah etc whatever
EURUSD
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cgldsmth replied Nov 26, 2012gonna be a buy-rumour sell-fact day I reckon, hopefully big-style. Have reloaded some eurtry shorts after a nice pin-bar earlier today but was a bit disconcerted with the overshoot on the fibs of last week.
EURUSD
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cgldsmth replied Nov 20, 2012Greetings Lira traders! Finally time for another sustained drop?????
EURUSD
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cgldsmth replied Nov 19, 2012still looking for signs of reversal on EURTRY. That tripple tap gave way at 3050, but the breakout H4 candle closed just beneath, and this current H4 looks like providing dark cloud cover with the overbought stochs crossing down, so this may be it, ...
EURUSD
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cgldsmth replied Nov 19, 2012tripple tap both previous bars closed below 100EMA. 25mins to see if history repeats itself. significance - doubtful!
EURUSD
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cgldsmth replied Nov 16, 2012morning Lira traders. Looking for (and expecting) a down day today, after H4 bearish divergence yesterday and failed challenge of 23050. If so, it retraced just 38.2 implying that the overall downtrend is strong, and that's on the back of ...
EURUSD
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cgldsmth replied Nov 15, 2012Perversely, you could argue for a stronger USD in light of weakening China growth. If China implodes, who's gonna fund the US (to fight Iran, for example) by buying US debt? So boosting the greenback would support Chinese growth by virtue of ...
EURUSD
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cgldsmth replied Nov 15, 2012I reckon BroncObama will want him to sweeten the market a bit, which could be risk-on. War in near east maybe trumping that though.
EURUSD
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cgldsmth replied Nov 15, 2012Lira respecting resistance from previous support, and the 100/50EMA sandwhich, and the 38.2fib retracement. Let's see how she blows Bernanke, so to speak
EURUSD
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cgldsmth replied Nov 15, 2012look at the monthly trend and most of your positions should follow that. Grow these positions over months/years. The shorter weekly trends you can countertrade with smaller stops. ONE BIG THING: ignore nearly all repainting indicators, bells and ...
EURUSD
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cgldsmth replied Nov 15, 2012simple, don;t day trade, use daily charts and above and only trade with the long-term trend. Sell/buy at overbought/oversold levels on stoch or RSI, and support/resistance levels. Don't use too tight stops. Learn money management. Scale into your ...
EURUSD
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cgldsmth replied Nov 15, 2012I'm getting some more bearish divergence on H4 also. But Gaza could pop the thing at anytime and blow the technicals, literally
EURUSD