i see it moving higher.... once it clears 8820 level... we'll likely see 9100/9150 in coming weeks....
looking at the 2 pairs separately.... i see a lot of potential for Euro moving much higher... while GBP has a very strong resistance around 6500 level... unless GBP settles above 6500 level... i expect more sideways trade with risk of dipping below 5950 level....
maybe too much info for you to digest?.... i don't need PBOC, FED or ECB for my trades... all i can say... you were dead wrong for almost a year and counting... and yet you have so much to talk about... no need to shout out CAT.. just let your trade calls do the talking for you.... then maybe.. just maybe.. you might earn respect... until then you're nothing but an empty can just creating NOISE!....
hope you have profitable trades from now on... gl/gt
whether astrology, horoscope, or coin flipping.... as long as it works... anything would have a much higher success rate than your calls... so who's the clown now? :)
if you take a look at longer term charts.... you could draw lines thru support turned resistance and vice versa lines... from the main line you can chart several parallel lines that has almost equal distance from each of those lines... and amazingly all those lines at one point served as resistance or support lines... furthermore... i draw 2 diffrent lines with one slanting upwards and the other one slanting downwards... once it has broken above and settles above that resistance line... then that line would act as a support line... and vice versa.... if this forum had better charts.. it would have been nice... one more thing... as cygnus has mentioned... i use GANN FAN on very long term chart... to indicate reversal or breakout... it clearly shows the next main target once there is a breakout.... very useful in determining long term trend a or if there is a possible reversal....
4120/30 level was a minor resistance and expected a minor correction from that level.. but it just blasted thru... but now 4200/20 would be a very strong resistance... and i'm expecting pullback to 3800/3850 from that level... b4 moving higher
now main support line runs thru 4030/50 level... once Euro settles below this level... it's a clear signal that bigger correction has started and expect dip back to 3800/3850 level...
for a day like today being the weekend.... you can use the weekly close as a good guide...
this week will almost definitely close positive.... and next week's range would likely be 3950-4200/50 range...
if it moves up first...would be a good shorting opportunity around 4200 area... if it dips first... 4020/40 would likely be the first target... if that level holds.. i see it moving higher from there to 4200/30... break below 4000 level could signal bigger pullback to 3940/60 level.... i set my tp to 4030 level... fyi
so i would remove your 4180 stops if i were you... gl and happy weekend! :)
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
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@XM_COM (10 months ago)
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Gold, Yields & Nasdaq
Yields are breaking down, and may potentially extend towards 4.32%, which could imply further gains in XAUUSD and NASDAQ, depending on the outcome and inner details of the CPI. EURUSD...
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i see it moving higher.... once it clears 8820 level... we'll likely see 9100/9150 in coming weeks....
looking at the 2 pairs separately.... i see a lot of potential for Euro moving much higher... while GBP has a very strong resistance around 6500 level...
unless GBP settles above 6500 level... i expect more sideways trade with risk of dipping below 5950 level....
or below 4000 level....
looks like Euro moving lower to test 4090/4100 support...
maybe too much info for you to digest?.... i don't need PBOC, FED or ECB for my trades... all i can say... you were dead wrong for almost a year and counting... and yet you have so much to talk about... no need to shout out CAT.. just let your trade calls do the talking for you.... then maybe.. just maybe.. you might earn respect... until then you're nothing but an empty can just creating NOISE!....
hope you have profitable trades from now on... gl/gt
whether astrology, horoscope, or coin flipping.... as long as it works...
anything would have a much higher success rate than your calls... so who's the clown now? :)
buffet puppet? :)
ok... gl.
4180/90 would be agood shorting opportunity now...
i think that was the top for now... :)
what's your trailing stop for your E long?
if you take a look at longer term charts.... you could draw lines thru support turned resistance and vice versa lines... from the main line you can chart several parallel lines that has almost equal distance from each of those lines... and amazingly all those lines at one point served as resistance or support lines... furthermore... i draw 2 diffrent lines with one slanting upwards and the other one slanting downwards... once it has broken above and settles above that resistance line... then that line would act as a support line... and vice versa.... if this forum had better charts.. it would have been nice...
one more thing... as cygnus has mentioned... i use GANN FAN on very long term chart... to indicate reversal or breakout... it clearly shows the next main target once there is a breakout.... very useful in determining long term trend a or if there is a possible reversal....
4120/30 level was a minor resistance and expected a minor correction from that level.. but it just blasted thru... but now 4200/20 would be a very strong resistance... and i'm expecting pullback to 3800/3850 from that level... b4 moving higher
now main support line runs thru 4030/50 level... once Euro settles below this level... it's a clear signal that bigger correction has started and expect dip back to 3800/3850 level...
gl/gt
i thought we won't see 4100 level... and didn't you say your stops would be 4100?
where you'd be your your stops now? and when can we see your expectations of Euro crash you've been talking about eversince?
for a day like today being the weekend.... you can use the weekly close as a good guide...
this week will almost definitely close positive.... and next week's range would likely be 3950-4200/50 range...
if it moves up first...would be a good shorting opportunity around 4200 area...
if it dips first... 4020/40 would likely be the first target... if that level holds.. i see it moving higher from there to 4200/30... break below 4000 level could signal bigger pullback to 3940/60 level....
i set my tp to 4030 level... fyi
so i would remove your 4180 stops if i were you... gl and happy weekend! :)