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Posts by "jmx"
47 Posts Total by "jmx":
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Posts by Anonymous "jmx":
rkkasshmir you talking like you always 100% correct......
I would said over here is for learning if you follow the call is all at ur own risk.
Ashraf had been doing a great job and many guys here also did the sharing.... What abt you???
IF you are good gives some comments and telling us tht why we miss the opportunity??? why you call for up move.
Got a question to ask.... regarding abt gold reserve holding... in ur book u did mention that last time US pledge their dollar to gold. i google on the gold holding and i amaze tht US is holding 77.4% of gold and dollar is weaken and gold flies up.... Is this what the US wants? As in US win both way??
Regards
JMX
thks for the reply and the info :). There is a question I like to ask do you use volume indicator??
Cos currently I reading on a system known as VSA. Over there they mention about professional use it to analyst.... Recent volume is very weak in Pound and someone in the Forex Factory mention Professional are selling waiting for major spike down. What do you think about it??
Regards
How do you see pound today?? weekly chart shows bearish divergence forming with macd form lower high and price action forming is higher then the previous low. Dow jjoe also showing tht july 2008 and current price with the macd.
Looks like the bullish convergence is playing out next week pound will be heading north unless this the retracement can may this 4 hrs bar into a shooting star.... I had decided to cut lost my position pound had break out.
Anyway have a nice weekend. :)
Thanks for the reply today is just anotmy day as i had long pound but got stop out and when in short cad and got stuck :p now hopefully pound the break the 1.66 lvl if not things will be quite bad.
do u still see usd/cad at 1.0890??? Asit seen to be up of steam. and the USD weaken all over the board. wondering to cut lost or hold.
For me if the GDP data is more then -2%, the euro and the rest is going up anything worst then that will result in the opposite direction. Cos the sentinement tha I am looking at is everyone seen to be ignoring bad news and unless this data is prove to be very worst then It is going to be bad....
Thanks for the reply. I had a small long with tight SL as I see almost all pairs have almost the same convergence. I did draw a 4hrs chart channel it had hit the lower channel and heading back to the upper channel same goes to a few pair even yen. tonight we might see a break out.