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- Mike Haran replied Dec 30, 2011
Prediction and trading — Make as many predictions as you want, watch price when it gets to the predicted area. Look for a reaction and go with it. Do not trade predictions. It is a sure way to lose money. My thoughts on the eurusd are that it ...
Predicting or forecasting the market
- Mike Haran commented Dec 30, 2011
My Hurst analysis points to a low cycle in the eurusd, potential move to 1.30 today early tommorrow morning with a fall back to 1.29, where if this holds I would look to establish a long position till about the 15-17th Jan, as we should see an ...
Wicked moves at the top of the hour
- Mike Haran commented Dec 28, 2011
Have a look back 20 years you will see the EURUSD turned on the 27th December 1991, allowing for leap years etc its pretty much was due for a turn to a low based on this cycle. My expectations are for a move higher now all the stops are triggered. ...
EUR Plunges In Thin Market, Below 1.3000
- Mike Haran commented Dec 28, 2011
So instead of lending the money the banks lock it away. Net result is they add to the recession, now we know why we are in the state we are in.
Banks Bunker Hundreds of Billions in Deposits at ECB
- Mike Haran replied Dec 27, 2011
However he has a good point. — Not many people will be able to post withdrawls because most traders lose money.
Withdrawals ONLY - 2012
- Mike Haran commented Dec 26, 2011
This crash was comming its already preset into the market cycles. The EURUSD fall was part of the cyclical movement from 20 years ago. Analysts just find an event to hang their analysis on. But in reality they have no clue why it happened.
'Euro is not to blame for crisis'
- Mike Haran commented Dec 25, 2011
Due for a big rise in Jan 2012 then a hard correction and a rally til the end of March, followed by a decline til september.
Speculative Investors Still Betting Big On Euro's Fall
- Mike Haran commented Dec 23, 2011
Cycles work when they work, but sure as god made little chickens you have to look at them and ask yourself what if. lessformore I have a friend like you, I tell him a turn is due, he says no one can predict the market, when the turn happens he says ...
Barclays Hit With "Immense" Copper Trading Loss
- Mike Haran commented Dec 23, 2011
No chance the top for gold is in already, only fools would seek to buy at the top of a 60 year cycle.
New year offers gold another shot at $2,000
- Mike Haran commented Dec 22, 2011
These joker don't know anything about cycles, had they known they would have realised there was a 60 year cycle right ontop of them. Professionals my rear end these guys are gamblers pure and simple. No knowledge, just jacked up on hype and NOT ...
Barclays Hit With "Immense" Copper Trading Loss
- Mike Haran commented Dec 20, 2011
Yes opportunitys are always present in the market for people that have the knowledge to see them. The lack of movement can be compensated for by the position size. Reversion to mean strategies work especially well.
Stop Trading, 2011 Is Already Over
- Mike Haran commented Dec 19, 2011
Be aware that they usually like to trigger the stops before it goes into interstella space.
Euro ministers 'to hold debt crisis talks Monday'
- Mike Haran commented Dec 19, 2011
When ever I read an article calling for the collapse of this or the rise of that I always have to smile. Financial Journalists are fantastic indicators of what not to do. None of them saw the fall in gold coming, I read article after article telling ...
Why the euro turkey is well and truly stuffed
- Mike Haran commented Dec 19, 2011
The UK receives a multi million euro rebate from Europe every year! Strange I never seem to read about that in our socalled unbiased news reporting.
If the euro is saved then Britain should quit the EU and say good riddance
- Mike Haran commented Dec 16, 2011
A tube of glue, a hammer and 12 six inch nails. he can nail his office chair to the floor, spread glue on the seat and sit in it. No chance they can get him to leave now.
Holiday Gifts for Traders
- Mike Haran commented Dec 14, 2011
Yes its called the ECB and they print little bits of paper that are supposed to be worth something.
Spain busts huge euro forgery network
- Mike Haran commented Dec 10, 2011
Interestingly their is a lunar eclipse and a full moon today and venus forms a 45 degree angle with venus on Monday.I would have expected a rally on the news, surely if the markets viewed the EUR positively then on the announcement I would have ...
S&P says euro zone rating decision in coming days
- Mike Haran commented Dec 8, 2011
ok lads get the presses rolling lets print worthless paper, and convince the public that its worth something. Its amazing they did it and we all fell for it. Do you wonder where all that gold is now sitting? Me too.
Rumors that Ireland prints punts just in case - central bank denies
- Mike Haran commented Dec 7, 2011
Maybe the 10th of December we see the start of the decline.
This is what a real market crash looks like
- Mike Haran commented Dec 6, 2011
Hello chaps, I would expect a reversal on the 10th December as this is a Saturday, then possibly Sunday night Monday morning. But don't rule out Friday, the price will move hard into the turn, much harder than you will expect, this is the clue that ...
EUR/USD – Congestion Triangle Nearing Apex