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11-11-2009, 12:57 AM
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Yuan can be alternative reserve currency in 15 years
WB chief says China's yuan can be alternative reserve currency in 15 years _English_Xinhua
For your reading, analysis and own conclusions...
A.
pd. If you begin selling USD today... and buying the emerging market's currencies... maybe within 15 years you may retire in an tropical island...
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Patience, Discipline, Consistency, Confidence...
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11-11-2009, 02:02 AM
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Quote:
Originally Posted by stanchiam
Seems like stop below may be trigger soon. hourly chart show it might break soon. But i am still bull until proven wrong.
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Yes, it survived and we are going to trigger those 5020 stop loss soon.
Good luck to me. |
11-11-2009, 02:13 AM
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Posts: 338
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Quote:
Originally Posted by stanchiam
After so many days, stop is building around 1.5020 level, a strong close above this level will trigger it.
My 2 cent  |
Taken profit for my 970 and 940 long @5030
Looking for retracement. Going to go long again.
ps: I suppose going above 5020 trigger those short stop loss. Those who counter trend and short around 4970.
Expected more upside, this may just be the wave iii of 5, more to come.
Last edited by stanchiam; 11-11-2009 at 02:23 AM..
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11-11-2009, 03:22 AM
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Join Date: Sep 2009
Posts: 170
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Quote:
Originally Posted by Bilstein
I will say this, Thomas; I have never experienced anyone being "nasty or aggressive" around this forum especially not the moderators. Everybody here has been very welcoming, insightful and helpful in my growth as a trader. I have experienced slight mockery of my charts which is ok. Having moderated several forums in my day I kind of know what to expect when you put yourself (or your material - whatever it may be) on the internet so it's all good.
Back on track; looks to me like that 1.4950 mark held pretty tough through the day. If I had more of an understanding of Elliot Waves I'd dare to say that that 1.5080 would be a reasonable extension of the current move and I'd consider a long position at 1.50 but not enough confirmation for me. Heck, we may get stuck with more corrective, sideways junk here, I dunno. In the wake of my doubt, I will wait for 1.5015 before I make a decision to go long. Short if indicators show potential for movement downwards after a break of 1.4950. Channels seem to be holding pretty well also. We'll see!
Attachment 41120 |
Can I still say it hurts my eyes?
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11-11-2009, 03:36 AM
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Join Date: Sep 2009
Posts: 170
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Quote:
Originally Posted by stanchiam
Taken profit for my 970 and 940 long @5030
Looking for retracement. Going to go long again.
ps: I suppose going above 5020 trigger those short stop loss. Those who counter trend and short around 4970.
Expected more upside, this may just be the wave iii of 5, more to come.
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Do you use the SSI indicator? |
11-11-2009, 04:12 AM
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Join Date: Jul 2008
Posts: 338
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Quote:
Originally Posted by Alec
Do you use the SSI indicator?
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No i don't, but its good to know that most are short eur, as most trader are wrong. |
11-11-2009, 05:21 AM
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Join Date: Apr 2008
Posts: 1,481
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Quote:
Originally Posted by stanchiam
Taken profit for my 970 and 940 long @5030
Looking for retracement. Going to go long again.
ps: I suppose going above 5020 trigger those short stop loss. Those who counter trend and short around 4970.
Expected more upside, this may just be the wave iii of 5, more to come.
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you have me confused here
Quote:
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PS: Was about to close short 970 at around 940, but after seeing justy view and the trend line support, decided to add extra position instead. It worked. I have since adjusted my SL higher
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this is your quote from the EW room and I took this to say you were short at 970 and you did not close it at 940 but added to it and then moved your SL higher.
now you say you were long from those areas?
its not hard to confuse me sometimes
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Don't Chase the market let the market come to you
Last edited by CodyB; 11-11-2009 at 05:24 AM..
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11-11-2009, 05:34 AM
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Quote:
Originally Posted by CodyB
you have me confused here
this is your quote from the EW room and I took this to say you were short at 970 and you did not close it at 940 but added to it and then moved your SL higher.
now you say you were long from those areas?
its not hard to confuse me sometimes
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Ok, i rephrase it. I was short 970, wanted to close at 940. But when i see justy chart view, i decided to add position instead. I drew the trendline in my chart and find there is support.
Oh my, just realise i said short, oh dear, i was long, not short. hahaha......
Thanks for pointing it out.
That double zigzag correction nearly threw my feet off
http://forexforums.dailyfx.com/377946-post21304.html
Last edited by stanchiam; 11-11-2009 at 05:46 AM..
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11-11-2009, 05:38 AM
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Posts: 1,431
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Quote:
Originally Posted by Alec
Do you use the SSI indicator?
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I think the SSI is good for bit longer TF..minimum 4
I think Not sure
I have seen the Jeremy Warner he Make your Clear if you want to know any thing about SSI..
but Who Use the Best And trade, THAT IS GREGORY Daily fx Moderator..
you can learn he do Great Job to Trade with Basis SSI and trends..
cheer.. |
11-11-2009, 05:42 AM
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Senior Member
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Posts: 442
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.
Further to the chart I posted last night, the channel broke up as expected.
I wondered how far but it appears to be settling at the previous highs.
I shall play the range as it builds today and wait for the turn down me thinks.
David
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The Cat.. He comes and goes :)
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11-11-2009, 05:44 AM
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Posts: 1,431
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Quote:
Originally Posted by stanchiam
Oh my, just realise i said short, oh dear, i was long, not short. hahaha......
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Hi Stanchiam,
Realize what you Doing Is good...
You can't Hide What you are saying, THINK more Try to Trade Less..
Mr, B Just want to clarify you...
And You Dont need To Find Every Time The Turning POINT...too make money...
THE GRAVE DONT HAVE THE POCKET |
11-11-2009, 06:00 AM
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Join Date: Sep 2009
Posts: 170
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Quote:
Originally Posted by VINCY BALBOA
I think the SSI is good for bit longer TF..minimum 4
I think Not sure
I have seen the Jeremy Warner he Make your Clear if you want to know any thing about SSI..
but Who Use the Best And trade, THAT IS GREGORY Daily fx Moderator..
you can learn he do Great Job to Trade with Basis SSI and trends..
cheer..
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Thank you, Vincy |
11-11-2009, 06:07 AM
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Join Date: May 2009
Posts: 1,431
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Asher Great................
Awesome doesn't It.. have you seen the Gbp/Chf
We both were talking about this pair and My Gain is +200pisp now
see ew update
I made money in gbp/jpy +210
I also Bout the USD/JPY @ 89.55 making Money in this too..
so what about Urs |
11-11-2009, 06:15 AM
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Posts: 922
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Good on you Vincy 
Although I had stopped scalping but Monday and today has been wonderful days for GBP Scalping ...
BTW, whats your long term view on GBP itself against all the other currencies. Have you got access to GBP Index charts ? its posing quite an interesting picture out there.
By the way, shouldnt we discuss this in GBPUSD room instead of doing it here ?
Quote:
Originally Posted by VINCY BALBOA
Asher Great................
Awesome doesn't It.. have you seen the Gbp/Chf
We both were talking about this pair and My Gain is +200pisp now
see ew update
I made money in gbp/jpy +210
I also Bout the USD/JPY @ 89.55 making Money in this too..
so what about Urs |
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11-11-2009, 06:16 AM
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Join Date: Oct 2009
Posts: 61
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Quote:
Originally Posted by Alec
Can I still say it hurts my eyes? |
You don't have to. I actually went out of my way to code it into a stand alone indicator for TS2. Now I can add/remove it at will. So, I won't post rainbow charts unless it's significant from here on. That is how much I care about your eyes
Last edited by Bilstein; 11-11-2009 at 06:23 AM..
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