My current guess is 1.34 with a possible extension to 1.38 and with Obama win as next USA President the USA Central Bank policy will be the same....print print print. Already there is talk of a new round of additional money needed by USA Government ...

Symphonie Trader System

EURUSD price action has finally dropped to the 38.2 fib retracement of the last wave 3 rally from 1.21300 to 1.31679. If this holds as a wave 4 retracement then the EURUSD has approached a possibel bounce level that will set in place the final wave ...

Symphonie Trader System

EURUSD price aktion is now test the top of the downtrend channel that is from 16 Okt. If there is a break and close above the downtrend channel top then look to but EURUSD on dips as the price aktion will then point to a change in direktion and rise ...

Symphonie Trader System

I closed my small sell order from 1.30000 of this morning as price drops back through from 1.30260. (only 35 pips) Now I am back to the channel watching. Looking for a bottoms of the channel hit or a break of the channel to the upside. My initial ...

Symphonie Trader System

Does it work in any timeframe?

Symphonie Trader System

Looking at my last outlook post #15564 one can see that the price action is carving out a flat pricing pattern. We still have the standard 123 pattern and technically are reaching a bounce level of the 12 Okt high at 1.29908. (support should be a ...

Symphonie Trader System

Yes the past 4 days the markt has many whipsaws as there is many undecision in the markt. Evaluator.:nerd:

Symphonie Trader System

See post #15590 that I was referening.

Symphonie Trader System

Darn....I was off and price only make it back to 1.31200 not 1.30400....then it falls like a stone.... I hope those that follow catch the Symphonie sell signal at 1.30980 for a nice 40 pip run. Evaluator.:nerd:

Symphonie Trader System

47 pip wide whispaw pattern all day today.....Markt has do nothing as markts are scared of EU Sumit today....Days like today is what they make biking for...not sit behind computer and watch markt stagnate.... I interesting note...this have ...

Symphonie Trader System

Why do you have so many orders open?? Also why are you selling an obvious uptrend. First, always set a stoploss to prevent margin call. Second, if your first order is negative. Do not open another order until it is positive pips and protected with ...

Symphonie Trader System

True but when you say this is the floor and buy or sell francs to keep the price at a static level then that is true manipulation of a currency. A healthy currency pair should move up and down and not be static or else the balance of trade of ...

Symphonie Trader System

Until the SNB stops manipulating their currency I will not trade any Swiss pair. Evaluator.:nerd:

Symphonie Trader System

With stalled price aktion during USA session it is possible to see an extension of wave 3 to the R3 Resistance level of 1.32120 so again...a counter trend trade is not adviseable. Watch closely the R2 Resistance level at 1.31335 and a break and ...

Symphonie Trader System

Here is something from Business Insider that I think is very instructive. 7 Ways Your Brain Is Making You Lose Money Read more: url 7. Your brain thinks it is great at investing. Overconfidence 6. Your brain doesn't know how to handle new ...

Symphonie Trader System

I am also but I do not think it will last long. I think there will be a pop and then a drop. Evaluator.:nerd:

Symphonie Trader System

Here is an interesting article on the QE3 program from the USA Central Bank. It is worth the read. Destroying The Myths Of Bernanke's Brave New World Of QEtc. also, is history repeating itself??? Head Of Zimbabwe Central Bank Explains QE3

Symphonie Trader System

EURUSD throw a curve and only drops to the 23.6 fib not the 38.2 fib as expected.....Did you catch it? (i did not ) Then jumps hard to finish out the movement that is why I do not like counter trend trades and I like to trade with the trend...I ...

Symphonie Trader System

If the price aktion today move to the 1.30760 level or (r3 resistance) then look for a few day of sideways and quick drops as a corrective wave takes place on ths path to 1.34000. It will all depend on how the price aktion moves to 1.30760 and ...

Symphonie Trader System