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- Bakker commented Feb 26, 2013
12h00 gmt (close of 4hr bar) will give good indication of current sentiment towards gold. A close near the trend line after coming from a fresh high, together with a cross of a ma crossover is a clear indication that suggest gold is a lame duck.
Gold’s death cross is no reason to feel grim
- Bakker commented Feb 26, 2013
I see FF suspended you. I hope they make it permanent, because you're always in an argument with everyone. If you're struggling with the trading game ask Loadedgun for help, he's a master of the trade.
Trade Setup for the Day: Short EUR/USD (February 25, 2013)
- Bakker commented Feb 26, 2013
Just ignore my postings pal!! Or shall I asked FF to reserve a file specific for the use of Spreadbetter.
Trade Setup for the Day: Short EUR/USD (February 25, 2013)
- Bakker commented Feb 26, 2013
Everybody knows that!!
King Says Near-term Outlook For Euro Area Is Weak
- Bakker commented Feb 26, 2013
You're perfectly right Loadedgun. I would like to add: "don't blame something- or somebody else for your incompetency" So many people want to trade, but you need to know the behavior of the market you're involved in and that only comes with ...
Trade Setup for the Day: Short EUR/USD (February 25, 2013)
- Bakker commented Feb 25, 2013
It seems to me a lot of people are still looking for a holy grail in trading. There is no such thing BUT there is definitely something close to that!!! If you're able to find a doji in the midst of a ma crossover, you're very close to a holy grail. ...
Dollar Falls More Than 2 Percent Vs Yen, Euro Drops 3 Percent Vs Yen
- Bakker commented Feb 25, 2013
Gold is on its way down. Monthly chart had a good ma crossover after triple top. As jaygee says, there is some upside momentum on the daily but a return to the 1575 level may send it down once more.
Fed's Lockhart: Monetary Policy and the Employment Challenge
- Bakker commented Feb 25, 2013
katetrades, you misinterpret my comment. What I actually said is that Tradersway tip was so obvious that everyone who got some sense should agree that this was the right thing to do. Retracement up and some consolidation and down again. Look back on ...
Trade Setup for the Day: Short EUR/USD (February 25, 2013)
- Bakker commented Feb 25, 2013
Yes, it is, but . .. . .. .. . .. .. Too dangerous to sell Euro now. Sit tight!!
The First Italian Exit Polls Are Out
- Bakker commented Feb 25, 2013
Why does FF's calender not show Chicago Activity Index number? Came out some 15m ago.
Bank of Greece Sees Recovery In 2014 If Reform Targets Met
- Bakker commented Feb 25, 2013
Euro got 3 down weeks in a row, its just obvious that one should expect some temporary reversal, at least on the 4hr and 1H chart????? Tradersway came too late onto the scene!!!
Trade Setup for the Day: Short EUR/USD (February 25, 2013)
- Bakker commented Feb 22, 2013
Forget the blah, blah. Look at the monthly charts: Eur, Aud, Nzd are all closing in on a ma crossover. Next week is going to be one heck of an interesting week!!!!
Nouriel Roubini Is Bullish…For Now: “The Mother of All Bubbles” Has Begun
- Bakker commented Feb 22, 2013
All I meant with that, is:- If you are making ready to enter a trade after close of hour and say for instance you want to go short, wait for the first 5min to see if the market is not going to change direction. If it go opposite direction you know ...
ECB Says Banks to Repay Less Than Forecast of Second Loan
- Bakker commented Feb 22, 2013
Tip for all newbies to forex: NEVER TRADE WITHIN FIRST 5MINS AFTER CLOSE OF HOUR.
ECB Says Banks to Repay Less Than Forecast of Second Loan
- Bakker commented Feb 22, 2013
Be careful, weekly chart got 3 red bars in a row. Next week we shall see some pullback.
EUR/USD Breaks Key Trendline Support
- Bakker commented Feb 22, 2013
You're right my friend. This is the initial target I set for myself, not that I'm a big player!!
ECB: banks to repay EUR 61.1bln of 2nd 3y LTRO vs. Exp. EUR 122.5bln on Feb 27th
- Bakker commented Feb 21, 2013
Euro is breaking another support level. 3070 is coming into sight.
Draghi Committee speech
- Bakker commented Feb 21, 2013
Short term target is 1.3070
Spanish bond auction results: Sold EUR 4.22bln vs. max target of EUR 4.0bln