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- CasperTrader replied Feb 26, 2013
Good for you! I'm scared to touch GU for long I was thinking of long in EU but I guess I will wait. Thanks.
- CasperTrader replied Feb 26, 2013
Hi iqyu, are you still long on EU?
- CasperTrader replied Feb 26, 2013
Hi Max, been following your posts. You are quite a trader. Kudos to you! You make some excellent calls. Why did you long on EJ and not UJ?
- CasperTrader replied Feb 25, 2013
Oh wow! How did you know?
- CasperTrader replied Feb 21, 2013
You may be right. It maybe monthly that tests it. But that retrace up there will take its time and it will be a bumpy ride. Re-tests do happen but not always. If it does, it will be a great sell. I'm still waiting. We'll need to see where the weekly ...
- CasperTrader replied Feb 21, 2013
True. It won't be a smooth ride up but patience is a virtue always. I was just going by the swift retracement it made. That is so typical of GU and once it takes out the high of where the move started, there's a good probability that it will ...
- CasperTrader replied Feb 21, 2013
Sorry for your loss mate. I've burned myself enough so I don't even think of counter trade now. You can if you know the tops and bottoms. GU usually has a tendency to do a final swift move. How do you know if it's swift, final and meant as a bear ...
- CasperTrader replied Feb 21, 2013
Looks like the most anticipated retrace is finally coming. Let's see how long it lasts. Weekly is still monster bearish.
- CasperTrader replied Feb 20, 2013
Doesn't look like it will even make that.
- CasperTrader replied Feb 20, 2013
We just hit the Fib 61.8 at 1.5193 for a move from week of May 17th, 2010 to April 25, 2011. If it overextends, the next target maybe the trendline shown in chart.
- CasperTrader replied Feb 19, 2013
That is exactly my point. Saving will not get consumers to spend. Watch these: video video
- CasperTrader replied Feb 19, 2013
I'm no expert on economies but based on what is heard in the news, there was so much hue and cry when the PIGS were being bailed out and see where Euro is today. As for the state of UK's economy, so is the whole world's. US employment numbers aren't ...
- CasperTrader replied Feb 19, 2013
Yes. I think this currency might being manipulated and weakened on purpose maybe by BOE (not to take out the retail traders I believe LOL, they don't run economies on retail traders losses). Look at any other USD pair. Except for JPY which is ...
- CasperTrader replied Feb 19, 2013
Maybe a re-test (I'm so waiting for it).
- CasperTrader replied Feb 19, 2013
Well, for one I aint's good at catching tops and bottoms. On top of that if I counter trade, there is very less margin of profit taking left (if at all LOL) with lot more stress. I guess it's not worth it when you can trade with the trend and make ...
- CasperTrader replied Feb 19, 2013
Thanks for the kind words. I wouldn't risk a long here. That's too much stress against the big trend. Waiting patiently to short again big time. The weekly close last week makes for a good case of confirmation to go short on re-test. The ...
- CasperTrader replied Feb 18, 2013
I've been waiting and itching to short the bi**h for so long now. I hope too that it goes up to re-test the trendline. This mofo stopped me out at 1.5830 while I was heavy short from 1.5750 to make a 400 pip move to 1.5450. I've been waiting ...