SharePosts by arry01
| Previous 1 2 3 4 5 Next |
|
I love this question....
Id love to see the true stats against the masses who try and profit from forex.
Tough zero sum game!
|
|
BUMP![surprise]
|
|
Looks like were heading northward again to re test the trendline from May 2010 at around 1.390
Harry
|
|
We have seen a bounce off the 21ma on the daily chart, this should be short lived and the down trend should resume later today or tomorrow. However, I have closed my short positions at 1.38.
Harry
|
|
Again we closed below 1.375, i think this confirms a very bearish position and we now target 1.335.
Low risk trading advised.
Harry
|
|
haha EXACTLY.
The best thing these investors could do is not invest I suppose!
Harry
|
|
So today we see a close above 1.375 which is amazing, completely taken me by surprise. The bearish outlook is now bullish and we are targeting 1.400 in the coming days. This obviously has more in it but 1.400 should be the final run before a correction.
A close below 1.375 would negate this position.
Low risk trading advised currently. Chart attached.
Harry
|
|
So the stage is set, were bearish. A close above 1.375 would negate that. Early targets of 1.350 looking to extend second targets to 1.330.
Harry
|
|
So we have now touched 1.375 zone, If todays daily close is above 1.3695 then we may see a continuation to 1.400 area with 1.375 becoming support. Else downside risk to 1.330 area, personally I think we are about to see a short term bearish movement.
Low risk trading advised at this key area.
Goodluck.
Harry
|
|
Why dont Alpari UK have PAMM accounts?
Harry
|
