wazua Sun, Aug 10, 2025
Welcome Guest Search | Active Topics | Log In

198 Pages«<3536373839>»
Realities of Forex Investment
Options
Previous Topic · Next Topic
fxtech
#721 Posted : Monday, February 14, 2011 7:02:21 PM
Rank: Member


Joined: 5/31/2010
Posts: 325
Location: NAIROBI
@qw, I have been watching EURUSD, I bet we might see a strong bear pressure, currently re-gaining days losses but will be watching for a bear setup once again.

@protege, I'm sure u will enjoy these forum n u are free to contact me in person I will assist where I can n I dnt professe to know it all, maybe u cn also handpick one of the members

Discipline & sticking to your strategy even when you loosing defines great traders.
Back to top
 Report Abusive | Report SPAM
Ceinz
#722 Posted : Tuesday, February 15, 2011 8:21:34 AM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
AUD/USD Long entry @ 1.0043 (Mkt), SL 1.0000. TP 1.0100. Rsn: rising trend line on the 1 hr, stockstic not yet at the overbought zone.
“small step for man”
Back to top
 Report Abusive | Report SPAM
qw25041985
#723 Posted : Tuesday, February 15, 2011 8:39:15 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
Ceinz wrote:
AUD/USD Long entry @ 1.0043 (Mkt), SL 1.0000. TP 1.0100. Rsn: rising trend line on the 1 hr, stockstic not yet at the overbought zone.


dnt you think you are risking my friend...1.0057 has proven to be a very strong resistance. why dnt u wait until it closes above that number during london session then enter your long...Just look at ur one hr chart and place a horizontal line on that number 1.0057 then u'll see what i mean...
by the way there's allot of resistance goin up so you might want to reconsider your long.Lets see how it plays out ...Gud luck.
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
kasheshe
#724 Posted : Tuesday, February 15, 2011 8:48:50 AM
Rank: New-farer


Joined: 8/6/2010
Posts: 26
Ceinz,

It might assist to look at the 4h chart as well which is trending on a downward channel. I would not go long on this one at the moment. I am looking to enter short once I confirm my indicators. Remember today there are quite some heavy announcements on the economic calender that may as well cause volatility.
All the best.Pray
Back to top
 Report Abusive | Report SPAM
Ceinz
#725 Posted : Tuesday, February 15, 2011 3:45:14 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Ceinz wrote:
AUD/USD Long entry @ 1.0043 (Mkt), SL 1.0000. TP 1.0100. Rsn: rising trend line on the 1 hr, stockstic not yet at the overbought zone.


position exited @ 1.0015. 28 pips loss(Plus spread).
“small step for man”
Back to top
 Report Abusive | Report SPAM
The Merchant
#726 Posted : Tuesday, February 15, 2011 9:11:50 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
TRADE: SELL EUR/CHF @ 1.30610
TIME: 2030H NAIROBI
SL & TP: -30,+30
TIME FRAME: 1D
INDICATORS: ICHIMOKU, MACD,BBs
smile
Back to top
 Report Abusive | Report SPAM
The Merchant
#727 Posted : Tuesday, February 15, 2011 9:15:07 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
Look out for oil. Trend seems rather bearish right now. Lets wait for a confirmation tomorrow. Good night all.
Back to top
 Report Abusive | Report SPAM
qw25041985
#728 Posted : Wednesday, February 16, 2011 8:37:28 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
EUR/GBP – Heads & Shoulders, Update 2 – Higher Inflation Expectations Driving Sterling Strength

H&S Neckline Test?

The sterling has been a major beneficiary of market participants’ appetites to price in UK rate hikes sooner rather than later, GBP/USD is up about +3.41% Y-T-D. As a result, EUR/GBP has broken down from the 0.8670/75 Jan. 26 ’11 highs to current levels around 0.8365. The cross seems destined to test key 0.8340/50 support, neckline for a H&S continuation pattern, which would have a measured move objective towards the 0.7700 figure on a daily close below.key psychological support around 0.8005 and the remainder ahead of the H&S measured move objective around 0.7705 gives a risk reward ratio of about 2:1.

look at image below :

[ img] http://www.actionforex.c...forexcom/2011021611.gif [ /img]
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM | Edit by user: Wednesday, February 16, 2011 8:42 AM | Reason: Not specified
Ceinz
#729 Posted : Wednesday, February 16, 2011 7:35:01 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
52 pips on EUR/CHF, scalping is coolDrool.
“small step for man”
Back to top
 Report Abusive | Report SPAM
hisah
#730 Posted : Wednesday, February 16, 2011 9:11:28 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Why am I smelling a US dollar squeeze soon. IMF gives Kenya gov 40B aid and some to be used to hedge forex fluctuations... Look at the Rand, TZ and UG shilling. I think the Rand (ZAR) is bound to test 8.000 on the USD/ZAR rate. I'm looking to sell the Rand when the squeeze is confirmed after breaking 7.4500.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Back to top
 Report Abusive | Report SPAM
fxtech
#731 Posted : Thursday, February 17, 2011 4:18:47 PM
Rank: Member


Joined: 5/31/2010
Posts: 325
Location: NAIROBI
SHORT EURAUD@1.3500 tp 1.3400 sl 1.3560,

AUDUSD Might climb higher
Discipline & sticking to your strategy even when you loosing defines great traders.
Back to top
 Report Abusive | Report SPAM
Ceinz
#732 Posted : Thursday, February 17, 2011 7:42:47 PM
Rank: Veteran


Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
fxtech wrote:
AUDUSD Might climb higher


Good forecast.smile
“small step for man”
Back to top
 Report Abusive | Report SPAM | Edit by user: Thursday, February 17, 2011 10:28 PM | Reason: Not specified
qw25041985
#733 Posted : Thursday, February 17, 2011 8:47:59 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
OhHHHHH !!! my gbp/chf got stophunted !!!nkt...but itis very much convincingly going down...so re-entered again. seeking > 500 pips or so...w/ no interest rates coming as traders had expected gbp/chf and gbp/jpy shld go down as traders seek saftey ...
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
qw25041985
#734 Posted : Thursday, February 17, 2011 8:50:16 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
fxtech wrote:
SHORT EURAUD@1.3500 tp 1.3400 sl 1.3560,

AUDUSD Might climb higher


nice call . though i dnt understand the volatility of this pair....beats me .. this might be a stop hunr brcause allot of stop were trigerred by that up move ...when will it ever make up its mind its so dis-organized on the daily charts..have a look for yourself.
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
qw25041985
#735 Posted : Friday, February 18, 2011 9:00:44 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
Things DONOT look so good for the dollar .

USD Index Suggests Downside May Be In Store For The Buck

Fundamentals suggest the greenback should be trading firmer considering mostly positive U.S. data surprises, improving growth outlooks, and inflows from emerging markets to developed economies but the buck has not been able to maintain its recent gains. The buck was sold today on the back of continued equity market upside and disappointing weekly jobless claims. Price action has led to a number of technical developments in the USD Index and EUR/USD that suggests near term dollar selling may continue.

USD INDEX

The technical picture in the USD Index seems quite bearish as today’s close under 78.25 bear flag support that projects a measured move objective towards the Dec. ’09 74.00 lows.

Look at image below

http://www.actionforex.c...forexcom/2011021811.gif

EUR/USD

EUR/USD is close to confirming the bearish dollar outlook suggested by the USD Index - hourly closes above 1.3625 declining wedge resistance suggests a measured move objective towards the 1.3900 figure.

Image below :

http://www.actionforex.c.../forexcom/2011021812.gif
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
qw25041985
#736 Posted : Friday, February 18, 2011 9:28:17 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
This is also an intresting e/u chart .NOTE THE 61.8 fib level .

http://www.innerfx.com/w...hrs-chart-2-17-20111.png
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
qw25041985
#737 Posted : Friday, February 18, 2011 9:33:25 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
[quote=qw25041985]This is also an intresting e/u chart .NOTE THE 61.8 fib level .

http://www.innerfx.com/w...rs-chart-2-17-20111.png[/quote]


An Intresting hourly chart

E/U hourly Chart
Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
qw25041985
#738 Posted : Friday, February 18, 2011 9:35:08 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
This is also an intresting e/u chart .NOTE THE 61.8 fib level .

http://www.innerfx.com/w...rs-chart-2-17-20111.png

Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
qw25041985
#739 Posted : Friday, February 18, 2011 9:37:28 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
An Intresting hourly chart

E/U hourly Chart

Your future depends on your dreams so go to sleep !
Back to top
 Report Abusive | Report SPAM
kasheshe
#740 Posted : Friday, February 18, 2011 12:12:52 PM
Rank: New-farer


Joined: 8/6/2010
Posts: 26
Qw,

It appears the stars are all lined up for a long bear run for Eur/Usd. The break out south has already began. I have had some sell trades for some time and I will hold on to ride on the forming bear trend. I almost exited as the bull momentun appeared too unrelenting.
smile
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (7)
198 Pages«<3536373839>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.