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Posts by "cougr"

109 Posts Total by "cougr":
101 Posts by member
cougr
(Australia)
8 Posts by Anonymous "cougr":
cougr
Australia
Posts: 101
15 years ago
Jul 1, 2009 1:57
Forexwolf ,interesting dates , they correspond with the Obama - Putin summit.
cougr
Australia
Posts: 101
15 years ago
Jun 30, 2009 23:28
My pleasure Rob ,the information I provided below is very basic but good to begin with.
cougr
Australia
Posts: 101
15 years ago
Jun 30, 2009 23:14
Thanks Ashraf
cougr
Australia
Posts: 101
15 years ago
Jun 30, 2009 22:49
Ashraf or anyone , could you recommmend a site that provides live prices( even if they're slightly delayed) to the futures markets.
cougr
Australia
Posted Anonymously
15 years ago
Jun 30, 2009 21:53
Rob ,in response to your question on a reliable momentum indicator ,I don't believe that any indicator in and of itself can be used to provide reliable trading signals .Having said that ,most indicators can be very useful if you can observe how they interact with price action .Important information can be gleaned where divergences occur between the indicator and price itself. Then when price breaks a trendline and the indicator concurs with the price action you will usually get a chance to make some profit . If you don't know about divergences and the different types you can easily learn about these by googling.
cougr
Australia
Posts: 101
15 years ago
Jun 30, 2009 16:10
End of month only a few hours away and GBP EUR AUD are all presently displaying spinning tops on their monthly charts .Doesn't augur too well for these currencies.
cougr
Australia
Posts: 101
15 years ago
Jun 30, 2009 15:18
My first target just got taken out ,admittedly alot quicker than I thought.
cougr
Australia
Posts: 101
15 years ago
Jun 30, 2009 14:55
Agree Ashraf , cable eyeing at least 1.6450
cougr
Australia
Posts: 101
15 years ago
Jun 29, 2009 12:21
Ashraf , withdrawal of equities support after quarters end ,ie tomorrow ,could easily see Aussie drop
to the level you mentioned below.
cougr
Australia
Posts: 101
15 years ago
Jun 29, 2009 5:46
g'day Ashraf ,in relation to the AUD USD question from twitter ,for what its worth here is my view. Without numbering the current wave as this is open to conjecture , a close below 7788 would signal targets of roughly 75 and then 73 .But until a close of 7788 or a close beneath the current uptrend line one must be open to the possibility that prices can go higher still .