EUR/USD & GBP/USD & AUD/USD Forex Trading

Quote from increasenow:

CAbletrader...where did you get these from? what website?...this is awesome!!...please let me know...thanks...
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I'm not sure how much you'll benefit from it, in fact it may be more of a hindrance than a help! Anyway, the analysis is from rtfx

The best analysis to rely on is your own because for every analyst who is USD bearish there's probably a USD bull. Aside from that, you don't know what time frame analysts are looking at or what tools they're using. rtfx tend to follow Elliot Waves where counting is very subjective :)
 
Quote from increasenow:

we are gonna see hugh moves this week in Forex..anyone set up to short the GBP/USD and EUR/USD?...should be big moves down...giving up some lf last weeks gains...agree?
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keep shorting the euro, that's what caused the spike last week.

Last time people thought it was a good time to short euro around ~1.29 price suddenly jumped to 1.36!

I am bullish on euro to 1.4331-1.4346

if there are any hourly closes above 1.4346, I am bullish AGAIN to 1.4535. I would not be surprised if eurousd hits ~$1.50


shorts:

1.4225 cover 1.4203
1.4200 cover 1.4155


market can do w/e it wants. Profit taking is done mostly end-of-week, but we are going into the beginning of the week with A LOT of gains left on the table. (maybe for good reason, to fake out shorts..)
 
Quote from davidmaria1:

Sorry for the delayed response.
I've been swing trading the AUD/USD, holding multiple (2 to 3) small positions for several days. Still experimenting with my pain threshold, as far as letting the pair move against me.
Currently 2 long at .08300 average.
Shit.....I'm in the hole!
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Closed both positions at .8383 for +91 average.
 
Quote from cabletrader:

I'm not sure how much you'll benefit from it, in fact it may be more of a hindrance than a help! Anyway, the analysis is from rtfx

The best analysis to rely on is your own because for every analyst who is USD bearish there's probably a USD bull. Aside from that, you don't know what time frame analysts are looking at or what tools they're using. rtfx tend to follow Elliot Waves where counting is very subjective :)
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Just like surfing. Not every surfer feels the same way about the next wave. Same for market highs and lows, like apartment life, one man's ceiling is another man's floor.
I don't surf, or count waves, Elliott or otherwise.
Most of the time I sit and scratch my ass.
 
Quote from Pippi436:

Don't you have a gbp/usd long position?
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yep...sure did...I held it from friday and got filled for a 23+ pip profit...but now...watch the decline!..(PS-that was a demo trade)
 
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