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SkyzerFX replied Dec 13, 2009Exactly, most of the traders here are daytraders or even minute traders so all they care about that 2 day movement. For dollar to be "strong" Market must dive like a Titanic below 6000 points on the DOW again, that's when people will really run into ...
EURUSD
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SkyzerFX replied Dec 13, 2009It's going lower than that, next year. The only question between those currencies is: "Who's going to DEFAULT first?" My bet is: JAPAN. "Safe heaven currency" What a joke, approaching 200% DEBT to GDP ratio, those guys would never rise rates until ...
EURUSD
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SkyzerFX replied Dec 13, 2009I have very useful link for you url I used to trade correlated pairs. Check 1H and Daily also, make sure both TF's are correlated. I'm also looking into it right now
I just checked and closest correlated pair for EURUSD is AUDUSD on 70 check ...EURUSD
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SkyzerFX replied Dec 13, 2009Why would OIL drop? Demand start picking up, when it's turn up even more next year, world would be short on OIL about 1 million barrel per day $70-$80 then over $100 next year. I think you listen too much CNBC. Those clowns where saying: "I wouldn't ...
EURUSD
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SkyzerFX replied Dec 13, 2009Bro, I'd sell my house for Silver below $10, it's never going to happened again. And it shouldn't happened in 2008. Silver been highly manipulated by US Banksters. Last time it hit below $10 everybody was OUT of STOCK and premiums was up to $4/oz, ...
Elliott Wave Trading
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SkyzerFX replied Dec 13, 2009I'd definitely watch AUDUSD/NZDUSD So far I don't see any drops in those pairs, which tells me Carry trade still a live. Even same, low interest, Canadian Dollar doesn't drop much either USDCAD. I'll watch those 2 pairs (AUDUSD/NZDUSD) in ...
EURUSD
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SkyzerFX replied Dec 12, 2009More than 98% of the people here clearly see that EURO will drop to 1.43-1.44 or even to $1.25, that's why it's going to run in other direction. Too many suckers on the same boat.. Bad News from Europe, ohh please and US all that good with 10% ...
EURUSD
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SkyzerFX replied Dec 12, 2009My real concern is the end of the YEAR
Big boys are improving their books and taking off the table most questionable and risky trades. Euro could drop further. I'm willing to see till Tuesday after FOMC meeting. Cause even few "wrong" words from ...EURUSD
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SkyzerFX replied Dec 12, 2009Hmm, who told you that I'm trading based on nothing??? I'll show you that Price extreme jumps always return to the medium in my case 200 MA on 4H TF Here is the wild jump in March on EURUSD.. This is like worse case scenario.. I don't expect ...
EURUSD
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SkyzerFX replied Dec 12, 2009Buy Stop and Sell stop works this way: Let say pair trading in the range and you want to Buy any breakout or SEll any breakdown. So by placing a BUY STOP, you basically saying I want to buy that pair only, if it goes over let's say Weekly high Or I ...
EURUSD
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SkyzerFX replied Dec 11, 2009Time is money in terms of what can be LOSS in particular minute, will probably going to be profit 1 hour or 5 hours later..
Money Management is the KEY, period.. I don't need no STOP LOSS. I'm doing some trades with different setups on Test ...EURUSD
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SkyzerFX replied Dec 11, 2009Scroll to the left, see how Daily trend is going right alone that MA?? Interesting:
EURUSD
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SkyzerFX replied Dec 11, 2009Interesting 320 MA I draw on Daily chart.. Look top RED last 2008 drop see how that line is touch 320 PINK MA and then broke down. And now if this is same case we have closest support at about 1.4487-95 (white line), but that 320 MA is at about ...
EURUSD
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SkyzerFX replied Dec 11, 2009IBFX trading closed 1.4628..
We can smoke now
"If you see price moving south, SHORT If you see price moving north, BUY" X. Oden I agree, that's the best case scenario, I'm trading too but on TEST account so far..
Many pips to you.EURUSD
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SkyzerFX replied Dec 11, 2009Actually it's easy to figure out why EURUSD has been flying down lately. #1 Some positive US data, which usually hurts dollar now was actually supportive because of the FED FOMC announcement around the corner and Lunatics are betting on more chances ...
EURUSD
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SkyzerFX replied Dec 11, 2009Ok, just look what happens next week Tuesday DEC 15 Core PPI data DEC 16 CPI And then DEC 16 2:15 FOMC (NO CHANGE)
Announcement Basically, if CPI will show some positive % those speculators will apply some more pressure on EU pair But After "NO ...EURUSD
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SkyzerFX replied Dec 11, 2009Actually I think we could stay on 0% up to 2012. Japan sitting on 0% rates almost decade now.. It's all depends on size of the DEBT. When FEDS will approach 70% DEBT to GDP ratio (Japan now is near 200%) there is slim to NONE possibility to rise ...
EURUSD