I suffered a big loss yesterday due to this big-ass 1PM (GMT) hourly pub where big banks pocketed their profits early in London. Though only just, my fault for being greedy.
Anyhow going forward, I think the euro is oversold and we've struck the bottom of the downtrend. When trading resumes Sunday evening I think there'll be a substantial gap and the price will be just above the 1.25 level. There will be a pretty steep rally next week with price peaking around 1.28
Awesome, thanks !Originally Posted by ;
I went at 10:13AM this afternoon, (purchased eurusd @ 1.24333), locked in some profit just now. (SL @ 1.24600)
Price is currently at the 200EMA on the H1 chart.
When it breaks 1.25 I can put on anoter buy.
Just wear a nice lil buy with a tight SL.
Bought eurusd@ 1.25540 sl 1.25300
I am selling today. The retrace I predicted is finished. The next stop for EURUSD is 1.19
I just read that Spain is asking the EU to get a bailout for their banks, that is backed by the EU's budget (ie adminiive costs etc)
Translation: The wealthy are lining their pockets until the boat goes down!
Looking at this chart, The dashed green line is at which I sold. The dashed red line is my SL (1.25000) the vertical red line is WHEN I set on the commerce. Friday morning just after 6am. Looks blindingly clear to me that the EURUSD is led south only at that time perhaps faster. Things can escalate quickly from the finaincial planet when everyone's heading to the leaves
Hi Frinky,
great to see you recall Jacko's lesson. You see, he is the evidence that there's good and bad at ev'ryone. Do you truly know how long will he have to function? I hope he is not gonna drop the soap. Yikes.
Cash, power, girls . . Wows, that is just one authentic tune ... that they want the dub twisting ballers with ice in their own wrist
Next song on the playlist may be ... Jackson 5 - Sugar Daddy
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