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Eur/usd Eur/jpy
Membre depuis May 08, 2014
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Membre depuis Jan 31, 2014
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May 15, 2014 at 09:06
Membre depuis Jan 31, 2014
posts 83
Hello csc2009,
I put in 2 short trades for EUR/USD yesterday.
EUR/USD seemed too high and I have been following it down since last Friday.
I am fairly new to trading (since December 2013) but have had fairly positive results.
I still need to refine my strategy and let trades run so here goes with my current trades.
I don't trade EUR/JPY ( you seem to have a handle on this pair) but will look at expanding where I will trade as I gain the necessary experience.
Good Luck
I put in 2 short trades for EUR/USD yesterday.
EUR/USD seemed too high and I have been following it down since last Friday.
I am fairly new to trading (since December 2013) but have had fairly positive results.
I still need to refine my strategy and let trades run so here goes with my current trades.
I don't trade EUR/JPY ( you seem to have a handle on this pair) but will look at expanding where I will trade as I gain the necessary experience.
Good Luck
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
Membre depuis Jan 31, 2014
posts 83
Membre depuis May 08, 2014
posts 9
Membre depuis Apr 08, 2014
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May 19, 2014 at 09:43
Membre depuis Apr 08, 2014
posts 1141
Just got whipsaw this morning on EURUSD on a fake break of R1!!!
"I trade to make money not to be right."
Membre depuis Apr 14, 2014
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Membre depuis Oct 11, 2013
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Membre depuis Jan 31, 2014
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May 20, 2014 at 06:34
Membre depuis Jan 31, 2014
posts 83
Hi Peeterwoolf & csc2009,
Just had a look at the eur/usd.
seems a lot of action for the day traders but back at the opening levels.
I still think eur/usd and gbp/usd too high. Eur should be lower than 1.36, GBP needs to be at 1.54. With high rates loss of good value trade, investment and tourism spells danger to the economies of Europe maybe stifling the weaker economies to seek more bailouts
In case of euro - Draghi speaks and breathes fire into the market or is it a damp squib on a wet November 5th.
Yellen, Draghi, Carney and others are giving no positives or negatives - just plain old fence sitting.
I am no expert but it is not even a proactive or reactive market for anyone - seems to be bucking for the masses.
The ones that are quiet are making the good trades.
All the best
Just had a look at the eur/usd.
seems a lot of action for the day traders but back at the opening levels.
I still think eur/usd and gbp/usd too high. Eur should be lower than 1.36, GBP needs to be at 1.54. With high rates loss of good value trade, investment and tourism spells danger to the economies of Europe maybe stifling the weaker economies to seek more bailouts
In case of euro - Draghi speaks and breathes fire into the market or is it a damp squib on a wet November 5th.
Yellen, Draghi, Carney and others are giving no positives or negatives - just plain old fence sitting.
I am no expert but it is not even a proactive or reactive market for anyone - seems to be bucking for the masses.
The ones that are quiet are making the good trades.
All the best
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
Membre depuis Apr 14, 2014
posts 230
Membre depuis Oct 11, 2013
posts 775
Membre depuis Oct 11, 2013
posts 775
May 22, 2014 at 00:06
Membre depuis Oct 11, 2013
posts 775
The EURJPY continues heading higher and it may reach the 139.00 level. The price may encounter some resistance there, but as we said above, a breakout of the 139.00 level may signal a change in trend and the price may be able to reach the 140.00 level.
May 22, 2014 at 11:48
Membre depuis Apr 09, 2014
posts 834
alexforex007 posted:
The EURJPY continues heading higher and it may reach the 139.00 level. The price may encounter some resistance there, but as we said above, a breakout of the 139.00 level may signal a change in trend and the price may be able to reach the 140.00 level.
I think you are right, Yen lost it's strength after Bank of Japan Governor Haruhiko Kuroda who gave no hint of further monetary easing in the near term. It may reach the 140.00 level.
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