fastpips.. i think u missed the train with eur chf... so consider going short eur usd... i was short yesterday from 1,2400..closed the small dip, i found that as a wawe b of abc correction...and now i am short from 1,2600..but not pretty sure, coz wawe c could 5 wawes up , where that 5th could get to 1,2690/2740.. in every case i ll hold to my position and make another order at 1,2690..from where my target will be mr.Ashrafs expected 1,17.. I have never made 1000 pips...co I hope this is my time:-)
technically... I think that going long eurusd 1,2300 today would be nice trade with low risk..max 100pips.. Possible inverted H&S pattern with 50MA as support together with r1 pivot...its worth trying in my opinion... And this week its like custom, that eur rallies during US session..
BUT when i look at pre market for us session,,it somehow chokes me off...
@all.. there r still PIIGS.. Still a lot of BIG troubles to be REVEALED..
All of u know, that the market CANT have just one direction..retracements r needed..i preffer tradong the trend, thats why i let the market makes the retracement 4me...
U guys, where do u SEE the roof on this current retracement? My opinion is 1,2750, the Mount everest...1,2650...mont blanc...1,2550 Eiffel tower...i d like Mont blanc to be mounted:-)
@14raj... my guess is retracement max to 1,2750...this level should provide ur SL...so sell it earlier... i would be VERY surprised if we exceeded this level.. personally,,im waiting for 1,2550 to 1,2650...those would be great levels to sell..my technical analysis tells me.. Mr.Ashraf sees just 1,2420...so i may be mistaken..
@white why r u so convinced about eur weakness? I know, euro will fall, but not in such A BIG STYLE, like the doom should come next week. technically, ,I think there will be wider corrections on it ways down,,i see it on 1,18 soon..maybe earlier than the end of Q3 as Mr.Ashraf claims...
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i think u missed the train with eur chf...
so consider going short eur usd...
i was short yesterday from 1,2400..closed the small dip, i found that as a wawe b of abc correction...and now i am short from 1,2600..but not pretty sure, coz wawe c could 5 wawes up , where that 5th could get to 1,2690/2740..
in every case i ll hold to my position and make another order at 1,2690..from where my target will be mr.Ashrafs expected 1,17..
I have never made 1000 pips...co I hope this is my time:-)
gl to all
I think that going long eurusd 1,2300 today would be nice trade with low risk..max 100pips..
Possible inverted H&S pattern with 50MA as support together with r1 pivot...its worth trying in my opinion...
And this week its like custom, that eur rallies during US session..
BUT when i look at pre market for us session,,it somehow chokes me off...
1,4450 sell limit,,hopefully we get there..:-)
there r still PIIGS..
Still a lot of BIG troubles to be REVEALED..
All of u know, that the market CANT have just one direction..retracements r needed..i preffer tradong the trend, thats why i let the market makes the retracement 4me...
U guys, where do u SEE the roof on this current retracement?
My opinion is 1,2750, the Mount everest...1,2650...mont blanc...1,2550 Eiffel tower...i d like Mont blanc to be mounted:-)
my guess is retracement max to 1,2750...this level should provide ur SL...so sell it earlier...
i would be VERY surprised if we exceeded this level..
personally,,im waiting for 1,2550 to 1,2650...those would be great levels to sell..my technical analysis tells me..
Mr.Ashraf sees just 1,2420...so i may be mistaken..
K.
that would be great, perfect, that 1,28..
But to be honest, im not so convinced to go long either..
Think I ll let the market to do this work for me..
Also, JPY crosses retracements would make smile on my face.
Im curious, if this so called DOOM has a bottom, it seems like it hasnt..Such a mess..
I would love to see the next (possible) bounce at least up to 1,27/28 levels..
Do u find it possible..?
Dont want to sell it too early, but dotn want to miss the Short train as well...
why r u so convinced about eur weakness? I know, euro will fall, but not in such A BIG STYLE, like the doom should come next week.
technically, ,I think there will be wider corrections on it ways down,,i see it on 1,18 soon..maybe earlier than the end of Q3 as Mr.Ashraf claims...
he simly lied..
Their private game>>>tell them THIS and U (clients,"frineds") make exactly the CONTRARY..
GS always is like crazy...