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02-26-2008, 12:21 PM
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Join Date: Jan 2008
Posts: 421
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Quote:
Originally Posted by St_Fx
Hi every one,
Panda do not counfuse b/t candiles formations ,its good tirck for quick pips againsttrend some big profit with trend. now notable this is that price should not came below 1.9700/697. if so, and playing b/w700 or 660 its greater chances to fall tomarro on gbp GDP data . all through trend is up aginst 1.9614.
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noted. tks.
panda eyes |
02-26-2008, 12:40 PM
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Join Date: Dec 2007
Posts: 61
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Quote:
Originally Posted by lovelyforex
i went re-sell agains at 1.9749..i just wanna hold
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are you still in these shorts? |
02-26-2008, 01:06 PM
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view
will short later as per earlier comments for s/t trading. t/p ard 19760.
looking for retrace to 19730-50 wednesday, then shoot higher again.
correct earlier comments on aussie & kiwi intervention.
dont think so anymore & i dont think they need to do so at this lvl,
as usa status is so much worse & fed will lower rate further.
besides, i strongly believe usa want the $ low actually for export.
nite nite. panda eyes w/ sunglass..super panda eyes already...
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02-26-2008, 01:13 PM
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Join Date: Jan 2008
Posts: 599
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Quote:
Originally Posted by davetheeagle
Looks like game-on with a fairly even split in the camp between the shorts and the longs.
I am still long from a couple of weeks ago although I have been jumping in and out of positions. Looking to reduce 1.98+.
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I was long from a few weeks ago too and made a nice big pip profit with a close at 1.9800. Time for a retrace before getting back in on a long.  |
02-26-2008, 01:24 PM
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Join Date: Jan 2008
Posts: 421
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Quote:
Originally Posted by Panda Eyes
will short later as per earlier comments for s/t trading. t/p ard 19760.
looking for retrace to 19730-50 wednesday, then shoot higher again.
correct earlier comments on aussie & kiwi intervention.
dont think so anymore & i dont think they need to do so at this lvl,
as usa status is so much worse & fed will lower rate further.
besides, i strongly believe usa want the $ low actually for export.
nite nite. panda eyes w/ sunglass..super panda eyes already...
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despite whatever the mkt move today.
i still like lovely s/t discipline trading indication & the candlestick.
(despite today lovely action not so discipline nor so s/t..hmm).
trying to learn.
trying to learn this s/t discipline trading skills & apply onto my own
trading pattern to be better.
panda eyes |
02-26-2008, 01:43 PM
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Out of my shorts for a decent loss. Watching.
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02-26-2008, 04:47 PM
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Join Date: Dec 2007
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Gbp
Hi folks,
Here's an update from yesterday on the way I'm trading GBP. Hope everyone made a few bucks today.
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02-26-2008, 06:55 PM
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hvnt sold gbp yet. as the mkt squeeze euro short til broke 15000..
wait 1st.
panda eyes
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02-26-2008, 10:31 PM
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Please explain
Quote:
Originally Posted by justy10125
Hi folks,
Here's an update from yesterday on the way I'm trading GBP. Hope everyone made a few bucks today.
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I am not an expert in technicals. So could you please explain your chart so that I can understand more. |
02-27-2008, 03:15 AM
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Join Date: Dec 2007
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Quote:
Originally Posted by Gizmo
I was long from a few weeks ago too and made a nice big pip profit with a close at 1.9800. Time for a retrace before getting back in on a long. |
The gamble paid of Was nearly 8k down
doubled up position make or break and whipi just closed for 6.4k profit
itching to reverse now but what are the next major resistance
2 pyscalogical level ? |
02-27-2008, 03:42 AM
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Join Date: Sep 2007
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Well that turned out better than expected for us longs. Time to lock in some profits and put in place some sell orders for the 'inevitable' decline and fall. Trouble is the dollar looks down and out across the board so I not sure it will happen sometime soon.
Interesting looking at the 1 year chart compared to EUR/USD that when sterling hit a high in November of 2.11 the EUR also hit a high of nearly 1.49. Since then the £ and EUR have seen a fairly dramatic divergence. The EUR is now back to an alltime high over 1.50 and we are still some 12 cents off our peak.
Just wondering whether I should be selling the EUR???
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02-27-2008, 05:57 AM
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HI everyone,
Bull trape, first target 1.9805/795, second 1.9767, market now short trem II phase as long as above 1.9750/30
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02-27-2008, 06:00 AM
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Join Date: Jan 2008
Posts: 421
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Quote:
Originally Posted by St_Fx
HI everyone,
Bull trape, first target 1.9805/795, second 1.9767, market now short trem II phase as long as above 1.9750/30
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not quite understand. can explicit a bit. tks
panda eyes |
02-27-2008, 06:37 AM
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hi folks,
as my technical idol jamie saettele most pairs prelim targets hv reached.
i felt we shd be more cautious as continue long non usd for the time being.
jamie target:
euro: 15119, then 15126 (161.8%)
gbp: 19957
chf: 10728, 10700, 10680
aussie: 9400 (critical lvl)
although i agreed & also felt when ny time, non usd pairs will still
test the above lvls one more time. but i wont be turn all bullish after.
this mkt is super tricky..(imo). just when everyone sudden so confidence
go bull & buy euro up...its time it will turn down for decent retrace.
normally 250-300pips b4 further direction.
so i will sell when the gbp test high again.
tks. panda eyes
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02-27-2008, 07:07 AM
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recent bullish channal bottom at 1st:1.9811 2nd:1.9767, yesterday nearterm resis at1.9750/60 now converted to 1st support for recent bull break
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