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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 3, 2011 18:16
Chloe, did you see the cad hit targets today after a lot of procrastination ? The spike up today looks pretty fluky though on daily chart.
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 3, 2011 18:15
i know subz system seams crazy to hang onto but i think as long as he spreads things out and keep the blocks small and uses correct margin/acct management he will get paid.i used that exact system last yr and had a great yr..it was this yr were i increased the size and narrowed my block spread that was my down fall if i had stuck with my old system i would have weathered the storm...just saying again that with the volitility both up-down direction is right at some point :) gl:)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 3, 2011 18:09
Chloe momentum indicators will dip when prive tracks sideways so have to be careful about pre-empting.
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 3, 2011 18:04
hey ignore the main idicator im trying to learn +apply first is the cci--which is moving down atm.if it continues price should follow and it would make sence going into weekend plus 160+pips move in 1 day there could be some profit taking.have a good weeknd bud:)(no pun inttended lol:)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 3, 2011 18:01
4730 is 78.6% but at this level now I can be a believer for new highs eventually. Still preferring the GU patterns.
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 3, 2011 17:59
hey ignore on my stocrsi+2ema i showed a drop from 80level -25 onthe rsi and the 2ema droped from same highs towards sub 40level around the 80 level is were i have the rsi crossing over 2ema after that point is were the rsi tanked..im still trying to figure out this stuff so no doubt im wrong lol:( gl guys:)
subway90
Posts: 1078
13 years ago
Jun 3, 2011 17:57
either we see a slow drift lower from current level or if it punches thru 4650... it's headed straight to 4710/20
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 3, 2011 17:51
It will happen.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 3, 2011 17:51
and Subs comments on Ashraf are right imo. He like a great big peacock on twitter at mo with his feathers all blown up but wait until he lands subscibers in the proverbial with his very wide stops.
subway90
Posts: 1078
13 years ago
Jun 3, 2011 17:50
dave....

i guess i like getting into a mess.... and find joy in coming out of it unscathed... :)

now strong support formed around 4500/4520 level.... if any pullback... this level will likley hold for push to 1.47+ level....

really don't see breaking above 4750 on initial attempt...

have a good w'end y'all....