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tradingwizzard

Live Trading the Currency Markets

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Yes sure but I do not know how.:crap::confused:

 

you made me laugh :).......when you are posting, look on the right side of the Fonts and Sizes tab, and there is a tab where you can upload images from your computer.....

 

let me know if you find it if not I will send you a Print Screen

 

TW

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EURUSD----> Technically speaking, be ready to scalp (or SIT) the entire 1.37 to 1.38. Go short after it retraces below 1.37 or go long if it blows past 1.38 (very unlikely imo).

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Look now one knows what will happen this is why it call trading and why you have to have stop-loss in place.My logic is we had a 100 pips move down it counts for something.

Have to go talk to you tonite.

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Trading wizzard, can you please give me your take on the eur/usd and why you are so bullish other than you are going with the trend, because recent developments are starting to convince me that a reversal is soon. and the bears will be in control in 2014 just fundementally speaking.

 

thanks...

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Trading wizzard, can you please give me your take on the eur/usd and why you are so bullish other than you are going with the trend, because recent developments are starting to convince me that a reversal is soon. and the bears will be in control in 2014 just fundementally speaking.

 

thanks...

 

hi there,

 

plenty of reasons.....

 

first, everybody is bearish on the pair and this is the first sign something is fishy with the direction all he people is looking at......usually it is the wrong one when trading currencies.

 

2nd, fundamental news, economic news, believe it or not is coming extremely strong out of Europe.....Spain PMI Services 53 (well above 50), Retail Sales a big boost above 1. something percent, well above expectations.....December car sales at 4 years high....and the list can go on.......

 

3rd....the flows out of Aussie and Canadian dollar are puring into Europe, as the region is more attractive now since the crises

 

4th.....on the technical side we have a running variation of a contracting triangle on the daily chart/even weekly that is poised to go above 1.40 level

 

and by the way.....I am trading only technicals, so the first 3 points are only for my delight/or our readers delight.

 

TW

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EURUSD---> I'm thinking of long, it looks like we near the bottom ...

 

Maybe 1.3555 stop three pips under , if it was taken i will try again near 1.35475 , targets 1.358

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USDJPY---> Best to stay out and not enter a trade now unless you are very long and hoping for 110 this year but otherwise it could spike to 106 or drop to 103. S&P 500 could see mid 1850's next week so with a strong S&P 500 the Dollar could rally further.

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EURUSD---> I'm thinking of long, it looks like we near the bottom ...

 

Maybe 1.3555 stop three pips under , if it was taken i will try again near 1.35475 , targets 1.358

 

I short EURUSD stop on BE+7 pips, now it is free trade if on Mon it will pop up to 1.3570 I sell more. Am using daily charts never had luck day trading Forex.By the way this auto trading strategy I wrote long time ago as day trading, it is goes flat end of the day. Have a look.

EURUSD.thumb.PNG.c83f1b10b9caf01b207b789e7c27c31a.PNG

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USDJPY---> Best to stay out and not enter a trade now unless you are very long and hoping for 110 this year but otherwise it could spike to 106 or drop to 103. S&P 500 could see mid 1850's next week so with a strong S&P 500 the Dollar could rally further.

 

You made me think about USDJPY it broke trend line but crowing back .I think it can test trend line again . Will see on Mon maybe will go long.:confused:

USDJPY.thumb.PNG.766c78a162f8dcc7d77d9fcf15e0babc.PNG

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