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13 Posts Total by "littlesnow":
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littlesnow
(Finland)
3 Posts by Anonymous "littlesnow":
 
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littlesnow
Finland
Posts: 10
15 years ago
Mar 18, 2010 8:27
In Thread: EUR
Euro hit 3650 and eur/gbp 8930. Target met. Whatever the main trend and future development. We can still steal some on our own way. Will try some buying on euro and usd/jpy here but not Gbp as I hope it will go below 1.52. No big deal. Just sacrifice some profit if wrong.
littlesnow
Finland
Posted Anonymously
15 years ago
Mar 17, 2010 14:42
In Thread: EUR
INGbalek,
Just saw your question. No, Adam theory is not an indicator. Just another theory like Dow theory.
If we look at the chart now. It is possible that euro will make a drop below 1.37. probably 1.3650around to meet the theory. We can also call it a handle for the circle or cup bottom. Then it will reverse quickly to the upside till next week. Gbp will also drop below 1.52 as well.
littlesnow
Finland
Posts: 10
15 years ago
Mar 17, 2010 11:46
In Thread: EUR
Euro chart working well with the adam theory if you know about it.
littlesnow
Finland
Posts: 10
15 years ago
Mar 17, 2010 11:07
In Thread: Commodity FX (CAD AUD NZD NOK)
Ashraf,
Thanks for the comment. Not a good one but surly not that bad. Not every prediction will work out for big profit. I understand that. keep on your good work!
littlesnow
Finland
Posts: 10
15 years ago
Mar 17, 2010 11:03
In Thread: EUR
Xaron,
I have been shorting eur/gbp and I don't see it is good to buy here. the previous swing low has broken and the next target will be 8930 and then 8860. Does't matter whether it will be parity later on. Just not good to buy at the moment. Of course, that 's just my style. Sure, Gbp and also euro/gbp has moved up over a weekly average range and euro has more to fill. Might be a short bet on this.
littlesnow
Finland
Posts: 10
15 years ago
Mar 16, 2010 21:07
In Thread: Commodity FX (CAD AUD NZD NOK)
AUD/NZD short has not been a very good set up as calling is under 12900. It has gone up more than 200pips and the holding interest will add nearly another 200pips till now. Maybe good for trading without leverage...
littlesnow
Finland
Posts: 10
15 years ago
Mar 15, 2010 9:10
In Thread: EUR
I think 3700-3715would be good to buy euro for 384050. there could be some selling at that level.
littlesnow
Finland
Posts: 10
15 years ago
Mar 12, 2010 16:20
In Thread: EUR
The possibility for a circle bottom in euro aiming 1.38 worked out. Usd index is still hovering here but under 80/79.80 will finished a circle top as well.
Technical analysis and price action on candle sticks give good indication at the current market. One can only will if throw the bias as forget the previous trend and just follow the current one especially for short-term traders. 1.3850 is the next target for euro. Aud and Cad is so strong and Cad under 1.02 means a lot and acting as a ceiling now. 91.50 for usd/jpy. Yes. Gold is not clear and will be consolidation will continue but I see 1080 will be good to buy again. No intension to guide the others but just some opinion for reference.
littlesnow
Finland
Posted Anonymously
15 years ago
Mar 10, 2010 16:32
In Thread: EUR
Technically, Euro seems to be forming a circle bottom(or cup pattern if you like)and is threating 1.38. Aud is going to make a high to 9260 if we draw a line on previous high. Gold has just break a reverse head and shoulder pattern and is targeting 1160. Cad is complicated here but under 1.02 it will go down quickly.Please check it.
Mr. Ashraf's call for main trend is still valid if you put it in a larger frame and we have to allow the market for certain correction if not trend reverse.
littlesnow
Finland
Posts: 10
15 years ago
Mar 6, 2010 0:48
In Thread: USD
Euro is the main contributor for strong USD index. It has little impact on other currencies especially for commodity pairs nowadays. Shorting these pairs on mediate and long term is not a good idea to me. If you would like to short, then choose Euro and Gbp. If you would like to long, then long Aud and Cad. Just my opinion.
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