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Chikot
Jul 12 2012 at 09:02
posts 2299
Yes, support looks broken, the longer it breaks it the harder it falls most of the time.
chloenicole
Jul 12 2012 at 11:00
posts 5
yeah,support now is broken. the downtrend resumes for eur/usd. usd/chf uptrend resumes.
James_Bond
Jul 12 2012 at 12:08
posts 556

   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 😄.
Vlad (Mars30)
Jul 12 2012 at 12:28
posts 155
eur/usd start up 1.2150-00 target- min 2750-2800......
usd/chf start down 99.00-15
James_Bond
Jul 12 2012 at 15:05
posts 556

   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?
Chikot
Jul 12 2012 at 16:13
posts 2299
yes, so far not a clue about reversal. it might be going slow but slow moves often turn violent.
stevewalker
stevewalker
Jul 12 2012 at 18:43
posts 1439
E/U will start sideways market on daily chart.

Chikot
Jul 12 2012 at 20:15
posts 2299
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.
stevewalker
stevewalker
Jul 12 2012 at 20:20
posts 1439
it had moved >2000 pips and generated good profit. time to take it back.😉
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.
stevewalker
stevewalker
Jul 12 2012 at 20:22
posts 1439
from BT results, after a good profit, loosing period always follows. what ever the strategy is
stevewalker
stevewalker
Jul 12 2012 at 20:24
posts 1439
E/U 1990-2012 daily strategy
hell easy system.

https://www.myfxbook.com/strategies/16-3-1/20832
dont look at the parameters. it is my laboratory EA.


Chikot
Jul 12 2012 at 20:52
posts 2299

   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.
stevewalker
stevewalker
Jul 12 2012 at 21:16
posts 1439
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.

Chikot
Jul 12 2012 at 21:20
posts 2299
no forecast. I have no idea what it will do. I only think of what to do with floating profits.
stevewalker
stevewalker
Jul 12 2012 at 21:21
posts 1439
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.
Chikot
Jul 13 2012 at 00:45
posts 2299
better not to forecast 😉
Chikot
Jul 13 2012 at 09:31
posts 2299
James_Bond
Jul 13 2012 at 13:09
posts 556
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:



Archivos adjuntos:

stevewalker
stevewalker
Jul 13 2012 at 13:27
posts 1439
possible

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:



Chikot
Jul 14 2012 at 10:04
posts 2299

   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.
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