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Euro's Dead Cross
EURUSD's downtrend is now confirmed after its 50-day MA has fallen below its 100-day MA, strengthening the bearish technical signal with an already deteriorating fundamental foundation.
jjstone, much appreciated for that, But many people who have quick question on their position will come to forum and ask (wheres the euro going) after i dissected the thing all over the site.
Ashraf
People usually ask you redundant questions, on information that you have given us on your man page. Often the same person asks you to reiterate what you have just said. I'm pretty sure they have read the main page and just want to interact with you. As you get more popular it will be unrealistic of you to keep up with the post's. I wish I had an solution, but their is none.
People
Let Ashraf concentrate on bringing us his strategies. If you see he just said something on the main page please don't ask him to repeat himself. If you don't read the main page, than read it. That is what its there for.
If you have something new and interesting to bring to are attention, then please enlighten us, that is the idea behind the forum.
do you have any historical graphs or chart where the USD and the US equities changed the negative correlation to that of a positive correlation ? curious if that transiton was smooth or violent and the time required.
much thanks
keep up the great work.
My heartiest wishes & congrats for successfully completing one year on this Forum. (I wanted to send you a card at CMC...but unfortunately, I had been away).
And what can I say that hasn't been said before you & this Forum...so I'll just say a simple 'thanks' (& the rest, ofcourse, you know...in what sight I hold you).
God Bless & keep the good work going... :)
Asad
In case of EURUSD howver, deadcross are rare and more useful.. just like Golden Cross in USDX.
Saka, the article was written 20 hrs before EURUSD fell 200 pts. not much money management was needed for that.
Rob, if i were to make money now id go for the usual CADJPy and AUDJPY as i said before today targetting 85.30 and 81 (from 81.90).. EURUSD candle looks a bit confusing so not sure how high the rebound (1.42 is limit) but i still see 1.4015 and 1.39
Ashraf
Thanks so much for being "so quick on the draw" with your tweets! What would you say this means for EUR/USD? too soon to tell? Shoring up the risk on the banking system should be US economy positive by preventing blow-ups like the one we're in...traders don't see it that way though? Thoughts on EUR/USD would be appreciated. Thanks
But after some years' trading, I thought that making right decition is just half of your success. The ohter one is money management, if you use lots of position, a little pips would give you lots of profit or lose.
So what I need to do is to find high probablitly trend with proper position to let my equity increase, isn't it?