CatFx50 - page 786

 
serpfra1:
Lind Waldock has a forex section regulated (I hope) Lind-Waldock: Commodity Futures Brokers I don't trust trade forex anymore.Hope ECN will low the commisions.

Hi agree with Nina and you .

I am also considering to go there

FX Spot Equivalent Futures (SEFs) - U.S. Futures Exchange provides individual investors with a new way to participate in the global currency market with the introduction of FX Spot Equivalent Futures. SEFs replicate spot foreign exchange markets in a U.S. regulated exchange environment.

U.S. Futures Exchange

 

Estimate range : 28/11/2007

EURUSD : 1.4760~1.4870

USDJPY : 107.80~108.90

GBPUSD : 2.0600~2.0740

USDCHF : 1.1000~1.1100

 

Hi!

For me, level to watch now is 1.4770. We should see that level while below 1.4879. If 1.4770 breaks, EURUSD will be set to go to 1.4635. We'll see then. If they keep selling it, we'll see 1.4580.

Low on EURUSD: 1.4626.

 

Im Back

YOU GUYS ARE GOING TO LOL WHEN I START POSTING HERE I HAVE BEEN GONE SINCE MAY BUT SINCE MAY 100PIPS AT LEAST DAILY. OFF OF MY THEORY

nina:
Hi!

Low on EURUSD: 1.4626.

 

i want to start trading with catfx?

i want to start trading with catfx?

from where could i start help me plz?????

 

Hi!!

EURUSD made a low at 1,4524 (06-12-07). What now?

If we draw fibos from 1,4966 to 1.4524, we'll see that its 38.2 is at 1,4692. Its 50 is at 1,4744 and its 61.8 is at 1,4796. Then, we have its 76.4 at 1,4861.

For me now, as long as it keeps above 1,4589 - 1,4500, it is set to go to 1,4675 - 1,4695- 1,4730 - 1,4780.

It is mandatory now that EU breaks 1,4780, cause if it does not, it could go down hard. Once cleared 1,4780, if it is the case, it will have to fight with its 61.8 fibo at 1,4796.

So, as you see, EU could go to 1,5000 again, but its way up won't be easy. If they want it that way, of course.

 

Hi!

On cable, we have some clear levels to the upside:

2.0350 - 2.0380- 2.0422 - 2.0445 - 2.0480 - 2.0500 - 2.0525.

For me, cable is set to go to downtown while below 2.0422. But the main resistance here now is 2.0525.

This week we have some UK data. If that data shows inflation pressure, GBPUSD will keep going up. If it does not, cable will resume its way to 2.0087 - 2.0044 and the important one: 2.0000.

You have seen on Friday what happened to USDCAD. Bank of Canada delivered a cut on Tuesday. The pair kept rocketing till Friday. At the very second we knew strong job figures, USDCAD went down more than 100 pips in 2 minutes. Hit parity again and bounced up to close at 1,0049.

So, now, we'll need to see if CAD economy is out of inflationary pressures to think about another rate cut, the same in UK.

 

Hi!

Just a quick update:

EURUSD has made a high at 1.4737.

GBPUSD has made a high at 2.0486.

 

Hi!

BTW, there are a lot of pals that use Heikin Ashi "candlesticks". I do not know why, but they do.

OK, no problem. We are free to use wht we think could give us more money.

But I think we all should read this:

http://www.ensignsoftware.com/tips/tradingtips57.htm

 

Hi!

It is mandatory now that EU breaks 1,4780, cause if it does not, it could go down hard.

EURUSD has made a low so far at 1.4417. Is this hard enough?