Welocome to another week of tradding activities last week i said the BIGDOGs are long on gbp and eur (extremely at 100%) and extremely short on jpy
(at 0%) now would could have guess simply buying and holding from 208.50 to 213.85 more than 500 pips 5000usd per lot and let say 10 lots 50,000 usd
how many of you can handle that. now it retrace back 211.38 still net profit of 30,000 usd for 10 lots without doing anything all you did was buying and
holding no stress no tech.
now the BIGDOGS are holding their position from which i see them holding through out the month.
if this remains we stand in a middle of 2 possibilities for the short term target. but on the long run we have a target at 221.80 and if 222.00 broken then we enjoy our ride to 240.00 then more can be seen.
but on the short run with stochastic telling us that we are over bought already that might prompt us to see 207.00 by end of this week and probably going back to 211 by end of next week giving us a good chart on monthly chart then if DOGs retain their position then i think we smile to the bank.
for me i wont be rush to say WE HAVE BOTTOM OUT yet because I DONT RUSH TO SELL IN AN UP TREND NEITHER DO I RUSH TO BUY IN A DOWN TREND.
meet you at the bank
(at 0%) now would could have guess simply buying and holding from 208.50 to 213.85 more than 500 pips 5000usd per lot and let say 10 lots 50,000 usd
how many of you can handle that. now it retrace back 211.38 still net profit of 30,000 usd for 10 lots without doing anything all you did was buying and
holding no stress no tech.
now the BIGDOGS are holding their position from which i see them holding through out the month.
if this remains we stand in a middle of 2 possibilities for the short term target. but on the long run we have a target at 221.80 and if 222.00 broken then we enjoy our ride to 240.00 then more can be seen.
but on the short run with stochastic telling us that we are over bought already that might prompt us to see 207.00 by end of this week and probably going back to 211 by end of next week giving us a good chart on monthly chart then if DOGs retain their position then i think we smile to the bank.
for me i wont be rush to say WE HAVE BOTTOM OUT yet because I DONT RUSH TO SELL IN AN UP TREND NEITHER DO I RUSH TO BUY IN A DOWN TREND.
meet you at the bank