[Archive] FOREX - Trends, Forecasts and Consequences (Episode 9: November 2011) - page 111
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I said this is the first step, i.e. we will not go far down. But we need to see some more action from the euro leaders. The interest rate is going to be lowered again. On the 29th there will be a vote on the release of the 6th tranche to Greece. The December is supposed to be a correctional month, i.e. in spite of the FA, and if the FA helps out, a rally will occur... waiting for the 2nd of December
The USD will probably not fly due to stress tests in the states... but so far all the movements in the Eurozone are a dead man's parcel... The main thing is that confidence has been lost... no one believes samits and other bullshit... so the USD looks globally stronger than the Euro...
As I write from 1.3266 the last volumes have been removed, so if we close the hour above 1.3250 we will drag upwards.
As I was writing from 1.3266 the last volumes were taken out, so if we close the hour above 1.3250 we will be dragging upwards.
Golden words ))))
Midas09:
Imho, let's go up. Today the Expert Advisor has closed 5 trades, only one in loss, 4 Takeovers.
2011.11.25 18:45:04 gold-dust_v8 EURUSD,M15: open #146010693 buy 1.00 EURUSD at 1.32348 sl: 1.31930 tp: 1.32730 ok
The position has already closed with a takeaway. I don't know where we will go next, as the EA is working on M15 open prices
Further here we will be waiting for the closing)))
From here onwards, we'll mooch until closing.))
We're going downhill:
2011.11.25 20:00:08 gold-dust_v8 EURUSD,M15: open #146030679 sell 1.00 EURUSD at 1.32643 sl: 1.33065 tp: 1.32265 ok
We are going down:
2011.11.25 20:00:08 gold-dust_v8 EURUSD,M15: open #146030679 sell 1.00 EURUSD at 1.32643 sl: 1.33065 tp: 1.32265 ok
Take=Stop is not good))) And below 45-50 is unlikely to fall. If it wasn't Friday night, I'd say take at 1.3390.
Take=Stop is not good)))
Why on earth would a take equals a stop?
Open 1.3264, stop 42pp(1.3306), take 38pp(1.3226).
Well, they can't fly because of stress tests in the states... but so far all the movement in the Eurozone is a poultice... the main thing is that confidence has been lost... and no one believes all the samits and other bullshit... so the quid looks stronger globally than the euro...