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sharabela commented Nov 20, 2015Excellent article Justin Bennett. Keep them coming.
The Only 3 Forex Chart Patterns You Need to Know (and Why I Trade Them)
- sharabela commented Aug 6, 2015
I reckon Gbp-Usd is going to make another good bearish ride. Daily is on range, but Weekly is getting ready to go south towards 1.52000.
Bank of England Inflation Report Press Conference
- sharabela commented Jun 26, 2015
Gold is going to go up soon. Most probably from the next week. I have a feeling that Saturday's event would not make that much gap as it has been expected.
Greece rejects 5 month extension, talks not going well
- sharabela commented Jan 15, 2015
Why would not a stop loss work? Could you please let me know about it more since it could happen with other pairs as well. I have a friend who has been stopped with some of his winning trades and losing trades today. Since he had more losing trades ...
Swiss National Bank discontinues minimum exchange rate, lowers interest rate to –0.75%
- sharabela commented Oct 31, 2014
Do not know sir. All the big analysts like them keep anticipate market which does not make sense. I remember some analysts kept crying market will go to 1.50000 when EU was at 1.30000. Here we are EU is at 1.25000.
EUR/USD: Sell-Off Overdone; We Stick To Our Long - Credit Agricole
- sharabela commented Oct 31, 2014
The trade that they want to enter will be executed after all the conditions At first 1.26500 has to be broken, then it has to be confirmed. At last a solid buy weekly candle has to be created from 1.26500. See how many things to wait for. Meanwhile, ...
EUR/USD: Sell-Off Overdone; We Stick To Our Long - Credit Agricole
- sharabela commented Oct 28, 2014
As things stand the USD is at the edge of having another big move. I do not think that Stochestic oscillator which has been presented as a little concern would be a matter to any extent. It will keep being on over bought condition for a while.
DXY, EUR/USD: Is USD On The Edge Of A Big Move? - Goldman Sachs
- sharabela commented Oct 23, 2014
This is what exactly it is. We traders just have to listen to our charts. Yes, charts talk. The more we listen to charts, the more we will be able to make money by trading. No point of guessing fundamental news, negative impact, positive impact,blah ...
6 Reasons For Cutting Our N-Term EUR/USD Forecasts Again - Nomura
- sharabela commented Oct 2, 2014
Nothing new, is it? This is what was expected and this is what he just recited. Now interesting to watch how market react towards his comment and a very good data of Unemployment claims.
Webcast of the ECB press conference 2 October 2014
- sharabela commented Oct 2, 2014
Completely agree with you on this note that market is going to see 2440 sooner or later. I suppose you are a Fibo trader. Correct me if I am wrong.
ECB monetary policy decisions
- sharabela commented Sep 25, 2014
Are you still with it? Euro-Usd has been having sell trend on 4HR, Day, and even at Weekly chart. On Monthly chart it has retraced from a dangerous point of .61. However, it still could have gone either way meaning it could have gone to north. Now ...
Draghi: Introductory remarks at the EP’s Economic and Monetary Affairs Committee
- sharabela commented Sep 25, 2014
Support is not broken yet. However, it is definitely being tested and it will be broken eventually as things stand. I totally agree with you that the next target is 1.2500
Euro hits 22-month low versus dollar of $1.2737
- sharabela commented Sep 23, 2014
As a trader I do not care the anticipations about coming news events. All I believe in is what chart says. At the moment, Euro-Usd is on solid sell trend. First support to be challenged is 1.27500. Let see what happens afterwards. I assume it will ...
Draghi: Introductory remarks at the EP’s Economic and Monetary Affairs Committee
- sharabela commented Sep 17, 2014
Yep, this is it. Events like those are meant to give market a direction. Interestingly market waits at an important level where they can take bull or bear direction according to their speech. What I am saying is it is always all technical. They make ...
FOMC Statement
- sharabela commented Sep 17, 2014
Exactly. Chart never lies, but news does; experts do. Here is something which is very thought provoking url After having a close look at it, we will surely know news just favors trend, it does not normally change a trend though.
FOMC Statement
- sharabela commented Sep 14, 2014
Dragonfire, do not you think you are going to trade against the trends? I do agree that 1.280and 1.275 have been proven support but this time they are going to be tested with enough strength from north. I think we might as well wait and see whether ...
EUR/USD Forecast Sep. 15-19
- sharabela commented Sep 11, 2014
Is that your first comment that you have made here? Hm, a thought provoking thing for sure. Could you please show us which chart you are following and an explanation to support your buy target?
Draghi: Keynote speech at the Eurofi Financial Forum
- sharabela commented Sep 11, 2014
Very nicely said Michaelpelly. I have heard these guys say this is the last time to sell Euro, Euro then went up to 1.40 from 1.34. Now they are saying 1.27 in one month. In fact, it is just a matter of time ( should reach to that point by this ...
Barclays Now Sees EUR/USD At 1.27 In 1-Month, 1.10 In 1-Year
- sharabela commented Sep 5, 2014
News do not change trend. As far as Euro-Usd is concerned, it has been on Sell trend at 4HR, Day and Weekly chart. In my opinion, for E-U it is sell for at least another 3/4 weeks.
NFP Disappoints with a 142K Print; EUR/USD's Pullback Might be Sold
- sharabela commented May 22, 2014
Chart never lies. This is only what we traders got to see. I have read, heard enough news/ prediction. If I remember it right, then there was a news about 6 months ago which said " If you still have not sold Euro- Usd, this is the last opportunity ...
Sell EUR/USD Bounces; Buy Cable Dips - Credit Suisse