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350 Posts by Anonymous "said":
i used to live in langkawi in malaysia and i met a trader on the beach doing hisbread. i said to myself this is what i am gonna do.
one advice, get a foray on elliot wave analysis and go to bob prechter EWI website. that work hard on indices but it is a perfect tool combined with fibonacci on forex.
find a well explained book on elliott wave analysis and fractales theory.
i used elliott wave analysis and fibonacci to get the level target for usdyen
if u plan to go long usd place a stop at 92.14 which reprsent 61.80percent. news might come that trader are gonna trading on so raise ur stop level
then the next retracemetn lvel is at 90.30 , incase it goes right then the next level is 87.32
request ashraf to correct this if iam wrong
a consume america provision inserted in the monetrary policy would bring the dollar strenghning at 1.30 by year end.
at this pont and what i am intending to do is invest in small and mid cap funds such as royce from legg mason. theyr astounding in term of performance and stock picking
i expect tomorrow and wednesday opening to reach the 9100 level always based on elliot wave. we reach in overseas market the resistance at 9490 : that were lasts support
ashraf is right statistacally september is bad for stock
but if u follow the cauious approach of nordea north american funds u might miss some opportunities in the us30
by the way statoil is a good pick they r among the few oil companies that massively invest in replenishing their reserves especially in the north sea close to montrose. uk is their deversing market
ten years is touching its support at 3.295
does the money side coming from treasury could trigger a buying pressure in the dow
if u expect a return to the 910 dollar for gold that mean that we can have a probable h&s. i know it is too early to project but a bounce back to this level represent the point touch at an ascending line .
your fib number is a south china sea latitude
you confused me
can u explain me how u get to this 23. i read actually a 38 by taking the high at 14000 and the low at 6500
got it .first thhing i learnt the market is here to bust us
secondly how to get quant analysis on indices if that exist?