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EUR/USD
Member Since Jan 14, 2010
2279 posts
Jul 12, 2012 at 09:02
Yes, support looks broken, the longer it breaks it the harder it falls most of the time.
Member Since Jul 02, 2012
5 posts
Jul 12, 2012 at 11:00
yeah,support now is broken. the downtrend resumes for eur/usd. usd/chf uptrend resumes.
Member Since Jan 14, 2010
541 posts
Jul 12, 2012 at 12:08
chloenicole posted:
yeah,support now is broken. the downtrend resumes for eur/usd. usd/chf uptrend resumes.
The market is still very cautious and moving slowly although I believe the trend will strengthen in a few days time. A bit of more bad news for the euro should do it 😄.
Member Since Jan 14, 2010
541 posts
Jul 12, 2012 at 15:05
Mars30 posted:
eur/usd start up 1.2150-00 target- min 2750-2800......
usd/chf start down 99.00-15
You think it's going to bounce off? Do you have some charts to support your theory?
Member Since Jan 14, 2010
2279 posts
Jul 12, 2012 at 16:13
yes, so far not a clue about reversal. it might be going slow but slow moves often turn violent.
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 12, 2012 at 18:43
E/U will start sideways market on daily chart.
Member Since Jan 14, 2010
2279 posts
Jul 12, 2012 at 20:15
it can do whatever it can do. no one knows. can go side way, can break and go down., can retrace and then drop and break through. can reverse. 4 options.
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 12, 2012 at 20:20
it had moved >2000 pips and generated good profit. time to take it back.😉
sideways
time to stop E/U trading for sometimes.
sideways
time to stop E/U trading for sometimes.
Chikot posted:
it can do whatever it can do. no one knows. can go side way, can break and go down., can retrace and then drop and break through. can reverse. 4 options.
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 12, 2012 at 20:22
from BT results, after a good profit, loosing period always follows. what ever the strategy is
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 12, 2012 at 20:24
(edited Jul 12, 2012 at 20:30)
E/U 1990-2012 daily strategy
hell easy system.
http://www.myfxbook.com/strategies/16-3-1/20832
dont look at the parameters. it is my laboratory EA.
hell easy system.
http://www.myfxbook.com/strategies/16-3-1/20832
dont look at the parameters. it is my laboratory EA.
Member Since Jan 14, 2010
2279 posts
Jul 12, 2012 at 20:52
stevewalker posted:
from BT results, after a good profit, loosing period always follows. what ever the strategy is
nobody knows. this is not a normal times me think. but of course if it gets stuck for long it would be better to close trade.
The only thing that bothers me is to how to take profits.
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 12, 2012 at 21:16
it is surly a forecast
Chikot posted:
stevewalker posted:
from BT results, after a good profit, loosing period always follows. what ever the strategy is
nobody knows. this is not a normal times me think. but of course if it gets stuck for long it would be better to close trade.
The only thing that bothers me is to how to take profits.
Member Since Jan 14, 2010
2279 posts
Jul 12, 2012 at 21:20
no forecast. I have no idea what it will do. I only think of what to do with floating profits.
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 12, 2012 at 21:21
my sideways idea is a forecast😉
Chikot posted:
no forecast. I have no idea what it will do. I only think of what to do with floating profits.
Member Since Jan 14, 2010
2279 posts
Jul 13, 2012 at 00:45
better not to forecast 😉
Member Since Jan 14, 2010
2279 posts
Jul 13, 2012 at 09:31
(edited Jul 13, 2012 at 09:37)
.
Member Since Jan 14, 2010
541 posts
Jul 13, 2012 at 13:09
I forecast a small retrace before going down some more. This is where I would look to sell, with a stop above the previous high:
Attachments:
forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 13, 2012 at 13:27
possible
but I assume that there will be big consolidation after > 2000 pip drop + summer time.
but I assume that there will be big consolidation after > 2000 pip drop + summer time.
James_Bond posted:
I forecast a small retrace before going down some more. This is where I would look to sell, with a stop above the previous high:
Member Since Jan 14, 2010
2279 posts
Jul 14, 2012 at 10:04
James_Bond posted:
I forecast a small retrace before going down some more. This is where I would look to sell, with a stop above the previous high:
James, just leave my stop alone 😉
I like your forecast. It misses my stop. hope it will come true.
