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- jacobtrader replied Jan 30, 2008
Yeh lolz, thats what i meant.. thats its a clear picture shown by them thats its in range bound pattern.
EURUSD
- jacobtrader replied Jan 30, 2008
Ok i am long now.. Just will give it some time.. though placed a tight stop.
Cable Update (GBPUSD)
- jacobtrader replied Jan 30, 2008
I am looking for GBP/USD to fall towards 1.9882 levels, And then rally from there..
Cable Update (GBPUSD)
- jacobtrader replied Jan 30, 2008
The steam looks over.. And i am myself aiming for 1.4820-1.4830 as mike also judged. Looking to buy from there now.
EURUSD
- jacobtrader replied Jan 30, 2008
Recieved email from my brokers Analysis team regarding triangle formation. www.stifxonline.com/eurusdtriangle.gif It seems a clear picture is being developed..
EURUSD
- jacobtrader replied Jan 30, 2008
I wont buy right now.. cause it will fall towards 1.4825 levels.. As my study is telling me.. we will wait how this goes.. but the potential Steam of LONG is not that much, for it to go heavily upside.. We will see how it goes.. Be happy whats ...
EURUSD
- jacobtrader replied Jan 30, 2008
Good job Digitil.. i also cut my positions.. And i would wait, for it to cross 1.4885 level (this is major resistance of 26/11/2007).. for it to rally 1.4920.. But right now steam is over...
EURUSD
- jacobtrader replied Jan 30, 2008
I think so EUR/USD has done for today.. The market is confused.. And it appears EUR/USD will fall. So its better to book all your profits... dont be greedy friends.
FED cut rate what will happen ?
- jacobtrader replied Jan 29, 2008
If they cut 25 Basis point. See Dollar to strengthen Alot If they Cut 50 Basis Point See EUR/USD to push higher towards 1.49-1.50 zone. But wont push higher 1.50 i assume, it will follow how Stocks react If they Cut 75 Basis CUT Blindly Keep ...
FED cut rate what will happen ?
- jacobtrader replied Jan 29, 2008
I agree with Falcon, cause FED Fund futures indicate a 50 Basis point. The market is assuming if another 75 basis point is in the pipe line or no If FED cuts 25 Basist point, Stock markets and all will start dipping again.. So its not effective ...
EURUSD
- jacobtrader replied Jan 29, 2008
Stay long.. Be patient.. Tommorrow (Wednesday) is the day when you will all see 1.48-1.49 And then on Friday 1.50+ with Non Farm Payrolls.. This week we will end with 1.50-1.51 levels for EUR/USD
EURUSD
- jacobtrader replied Jan 29, 2008
Its better to long at 1.4735-1.4750 levels.. Its a good buy in Dips. Its a Slight retracement for a next Bullish Move to cross 1.4800 with Force.
EURUSD
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Forex Indicator
Started Jan 29, 2008|Trading Discussion|0 repliesFriends, Which indicator you give more weight to MACD Stochastics RSI Sometimes we see MACD ...
- jacobtrader replied Jan 14, 2008
i agree.. i cant comment on the news.. But it looks to me bearish for GBP
Cable Update (GBPUSD)
- jacobtrader replied Jan 14, 2008
14th Jan 2008 Various wire services picking up an interview with ECB President Jean Claude Trichet with French Public Senat television. Trichet says the eurozone was expected to grow around its potential at about 2.0% in 2008 but at the same time ...
Forex : Important Speakers
- jacobtrader replied Jan 14, 2008
i dont think so
it will go down.. there is good downward pressure.Cable Update (GBPUSD)
- jacobtrader replied Jan 14, 2008
You should keep sell order at 107.80 It will go all the way to 107.24 - 107.36

USD/JPY Discussion
- jacobtrader replied Jan 14, 2008
It will stay below 108.20-108.25 And start pushing down..
USD/JPY Discussion
- jacobtrader replied Jan 14, 2008
Dont lok at 15-30 mins charts.. or else you would be in trouble See always 4 Hr, Daily, Weekly.. to get longer term idea.. And in upcoming days we will see GBP/USD to push deep down..
Cable Update (GBPUSD)
- jacobtrader replied Jan 14, 2008
keep a sell order at 1.9545 and just relax. if it hits there it goes to 1.9524 and then all the way too 1.9481
Cable Update (GBPUSD)