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damo replied Jan 17, 2011That rally was 70 pips. Any bets on London continuing the rally or fading it?
EURUSD
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damo replied Jan 14, 2011The Aussie is the strongest cross currency ATM. It just got its butt-ol shafted. I think that might be a pre-warning. I got a feeling that this is going to trickle upwards on low vol. Then news time its going to get slam dunked.
EURUSD
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damo replied Jan 14, 2011Your right in always refering back to the USDX. But don't stress too much. You'll see that it is almost the perfect inverse of a EURUSD chart. Besides, if your desparate you can always look at the CHFUSD.
EURUSD
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damo replied Jan 14, 2011Thanks. I meant to write that "eventually the 4H and 1H are going to win the southward battle". The news in the middle may give a few rides. Anyway. Price on 3320. Big support. When this breaks that H4 and H1 are going to kick in south.
EURUSD
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damo replied Jan 14, 2011Amazing. Everyone here is bullish and the price keeps dropping. We are now beyond 100% retracement. Maybe just a bounce. Maybe not. Fridays are freaky. I think the 4H and 1H are going to win a southward battle.
EURUSD
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damo replied Jan 13, 2011High guys. I own TG software and got into VSA but after a while I lost faith in it. However I saw you long call for the EUR last night, the reasons for it and was impressed with the result. Keep up the good work and when I am wise enough I hope to ...
vsa with Malcolm
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damo replied Dec 17, 2010I was thinking the same, but last night and today it has been rallying so damn hard and it is so consistant. This December has been crazy. I'm out till the new year.
EURUSD
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damo replied Dec 10, 2010When using technicals it is through the trend and momentum. Otherwise it is the market gossip. e.g.. If everyone is bearish (traders/investors not the public) believe the dollar is bad, generally it will not rally.
AUD/USD
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damo replied Dec 9, 2010Please don't take this wrong, but you use the fundamentals way too much. Fundies always win but...but...but they are always way ahead of the market or occassionaly too late. To trade fundies you need to be like a bank and have a massive account, ...
AUD/USD
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damo replied Dec 9, 2010Interesting... I was just thinking the same thing. Very little trend.
EURUSD