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- scyang replied Apr 26, 2008
Everybody seems to be talking about euro recovering after a 400-pip haircut, which, if it's true, means usdchf will go down instead of next week. What do you think?
USDCHF moving up for 2.5 weeks?
- scyang replied Apr 26, 2008
Thank you very much for your reply. I would like to know where you think I should go to learn about the ABC patterns and whatever else you think are the very basic for forex trading? Hard to know where to start there is so much out there to know. ...
USDCHF moving up for 2.5 weeks?
- scyang replied Apr 26, 2008
Although the home page shows eur at 1.5662, if I click on Trading, and scroll down to Live Currency Rates, it shows eurusd at 1.5592/95. Which one is right? cnnfn.com recommended by Dutchtrader shows eurusd at 1.5628. They are all different. How do ...
EURUSD
- scyang replied Apr 26, 2008
Are you holding a short position right now? From the chart, do you see euro going up when market opens tomorrow? what level would you get in long?
EURUSD
- scyang replied Apr 26, 2008
Ultraman, Are you expecting euro to go up when the market opens Monday and through the next couple of days?
EURUSD
- scyang replied Apr 26, 2008
You got a good point there. But all the conflicting information creates a lot of fear and confusion. How do you think one can use it productively?
Malaysia
- scyang replied Apr 26, 2008
Do you mind sharing with me why you got in eurusd short? At what price level did you get in the short position and what's your target tp level? Are you looking at the movements in your direction short-term, i.e. early next week? Thanks.
EURUSD
- scyang replied Apr 26, 2008
Some of the reports are rather contradictory and hard to find a consensus as to the direction of the eurusd pair early next week. Anybody good at decipher this stuff and make some sense out of what these analyses are trying to say?
Malaysia
- scyang replied Apr 25, 2008
Would like to ask you to clarify what you are trying to say. Are you expecting the pair to go up or down early next week? What's an ABC push down? Thanks.
USDCHF moving up for 2.5 weeks?
- scyang replied Apr 25, 2008
I am new to charts but very interested in learning about it. Would like to understand better your position and prediction to the usdchf pair in the early part of next week, with a shower of economic news coming out. In your first post, you mentioned ...
USDCHF moving up for 2.5 weeks?
- scyang replied Apr 25, 2008
It looks like the euro just doesn't have any support. It's bound and determined to stay under 1.56. Just as I was getting comfortable that it was finally going to make a comeback to vindicate many on this forum that it will be back to 1.59 after a ...
EURUSD
- scyang replied Apr 25, 2008
I am pretty sure that eurusd has turned the corner after a 400 pip drop in less than 2 days. It appeared as if the bull was running again. But then again, it started to drop again. Monday there is German Consumer Confidence report. Judging by the ...
EURUSD
- scyang replied Apr 25, 2008
I think it will be the US consumer confidence report that will move the pair in some significant way maybe. Or you think it's already factored in? The consumer confidence has been bad from the US.
EURUSD
- scyang replied Apr 25, 2008
Is cable on steroid or something? Really can't see how slowest economy pace sincce 2005 can be cosidered good news and send it up.
Cable Update (GBPUSD)
- scyang replied Apr 25, 2008
Were you in long or short? Are you planning on going in again? Where do you think this thing is headed? Been back and forth for a long time now. Can't seem to decide which way it wants to go.
EURUSD
- scyang replied Apr 25, 2008
It's too painnful just to have 3 pips each time, but that's a lot better than 30 pips in the red of course.
EURUSD
- scyang replied Apr 25, 2008
I was more trying to find out about your statement aobut the three black crows indicating a bearish trend, but in the case of eurusd, it would be different. I didn't know anything about three black crows or what they mean for the near term trend. I ...
EURUSD
- scyang replied Apr 25, 2008
Why would eurusd be different? You think it's bottomed out and will be uphill from here?
EURUSD