utterly nothing wrong with a trader expressing rightly/wrongly opinions
ban me for challenging BS
Mate you can't control yourself - I have warned you at least 4 times - I like your stuff and share some of your views but this does not mean that I bash people. Sorry but this can't continue.
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With R2 at 1.5920 I doubt that we will trade so much higher today - as usual its not a good idea to sell this rather buy on a correction on Monday.
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London session review and outlook August 31 - 2012
Review of markets covered in today's edition of Bulls vs. Bears: EUR/USD, GBP/USD, AUD/USD, FTSE100, S&P500, Gold, Brent Crude and WTI.
Regards
Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
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GBP/USD takes off on better than estimated PMI numbers indicating that the worst drawdown for the UK economy might be over - GBP/USD is therefore trading higher and should get a further boost.
I am bullish as long as we trade above 1.5840 and expect us to continue to trade higher and reach 1.5950. A drop under 1.5840 would not mean much but would take price to close to 1.58 before buyers create a new low.
DailyFX forum - Where pros and rookies are welcome to post!
*Join the forum today to interact with traders. Send an email to azambrano at dailyfx.com if problems with you forum account.
DailyFX forum - Where pros and rookies are welcome to post!
*Join the forum today to interact with traders. Send an email to azambrano at dailyfx.com if problems with you forum account.
Let us know you are positioned? Don't be shy, tell us the currency pair that you are either long, short or the level you are waiting for.
No need for a chart (unless you have the time) you can even post a non FXCM/DailyFX chart!
This is just a great way to get everyone to participate and get a sense about market sentiment through our forum sampling!
DailyFX forum - Where pros and rookies are welcome to post!
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Sorry, guys. I'm out of trade today due to US Bank Holiday (Labour Day)
Originally Posted by earndollars
looking for long 5900 for 50pips.
cool no worries - I have a entry order for a long position close 1.5820 - I hope we can reach this level - but it does not like it will happen right now.
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