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kingfisher replied Mar 16, 2010Intense Global Trading Traders in New York City are anxious before FOMC.
EURUSD
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kingfisher replied Mar 16, 2010Dont be trapped in Global Bullish 'Euro Trap'. E/U is trading above daily R 1 before FOMC. Guess where it will go after FOMC? After R 1, there are no/less buyers. Big guys building their fresh shorts at higher levels.
EURUSD
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kingfisher replied Mar 16, 2010Dont be trap in long Euro — Have a look at the chart- This is a range trading going on before it continues its downward journey. Any euro long is a counter trend trade.
EURUSD
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kingfisher replied Mar 16, 2010This is a good analysis- Shift in angle. We can see on charts angle is shifting.
EURUSD
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kingfisher replied Mar 16, 2010Thanks Mate. I appreciate your reply. I am analysing futures market and will be ready to take up a first trade in 4 weeks time.
EURUSD
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kingfisher replied Mar 16, 2010Or this down move stopped at 61.8% because big guys booked profits at these levels. (61.8% retracement at 1.34xx) Market behaviour/human behaviour repeats itself over and over again. This is a same consolidation which happened in June 09- Aug 09 and ...
EURUSD
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kingfisher replied Mar 16, 2010I want to ask you: You also trade DAX..Do you find DAX easier to trade then forex? Personally i am looking at future trading in my own country stock exchange and i find it is easier to handle the future trading. I want to know your views since you ...
EURUSD
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kingfisher replied Mar 16, 2010It is approaching daily R 1...will trade between daily R 1 and R 2 till FOMC. And since price will be already at a resistance zone at the time of FOMC, it will fall after FOMC annoucement irrespective what FOMC announces. Above Resistance zone, ...
EURUSD
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kingfisher replied Mar 15, 2010Career Bet by Hedge Funds — Some of the Hedge Funds are making it a 'career bet' of their lifetime that E/U will be 1 if E/U does not solve its problems. I feel 1 is extreme rate. 1.27-1.25-1.20 are my targets for E/U.
What would happen if EURUSD reaches 1.000?
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kingfisher replied Mar 12, 2010The article says if a trader has lets say $ 7000 account and he looses all of it, then a forex broker has earned all of that money. $ 7000 goes straight in forex broker pocket. Is that true? I was under the impression that my FX trading orders of ...
How Your Forex Broker Makes Money?
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A great forex chart !!!
Started Mar 12, 2010|Rookie Talk|6 replies
Please have a look at this chart: {url} Beautiful chart full of rounds.
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kingfisher replied Mar 12, 2010Fundamentally speaking, good news can be bearish for dollar as well as risk appetite improves and investors dump dollars for risky invesmtment. Technically, since E/U was in overbrought condition, so we are seeing some correction.
EURUSD
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kingfisher replied Mar 12, 2010Adam 3000 is now a millionaire in Vietnam. Some traders know adam 3000 and they say she has become a millionaire.
my very simple system!
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kingfisher replied Mar 12, 2010Yes that target is in my mind but currently any rally above 1.38 will force short sellers to cover their shorts adding more momentum to E/U upside movement. Remember, extreme short positions at record level are in euro as per COT report.
EURUSD
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kingfisher replied Mar 12, 2010A EURO bear market rally in the making — A EURO bear market rally in the making Posted by Dean Popplewell at 5:49 am EST, 03/12/2010 The EUR has fallen 10% vs. the dollar in 4-month’s and is now contained in this narrow monthly range. Is this ...
EURUSD
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kingfisher replied Mar 12, 2010I am a long term euro short..this present one day green candle does not change the trend. Also the market mindset repeats and do the same thing again and again: From june 2009- august 2009, there was a pause in an uptrend and markets range and ...
EURUSD
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kingfisher replied Mar 12, 2010I am thinking to join zulu..atleast emotionless trading
Cable Update (GBPUSD)
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kingfisher replied Mar 12, 2010Timing the market is quite challenging. One day long green candle, another day red green candle...
EURUSD
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kingfisher replied Mar 12, 2010A short lived bull rally. Hold your shorts in DD. No need to close them in loss.
EURUSD