Long Term Trades

[clubcard]

Originally Posted by durgesh147

Hi Clubcard !!!

The waves in green were found by MTP and the internal structure labelled in blue and red are done by me on my understanding of elliott wave.

This is in reference to the Euro daily chart i posted.

It's clear that one last dip is due (I speak as it happens, I know). The way the market reacts to data sums it up. Bearish dollar data is forgotten within a few minutes, the bulls just see it as a good bargain on the dollar and scoop it up again. This is, after all, what Elliott Wave is based on - Human psychology - isn't it?

I think I will, at least, go for a trial in the new year with MTP. Obviously, I will have a way to go before I can spot the waves myself. I suppose the best way to learn is to do.

[durgesh147]

EURJPY heading south.First target 134.5 and next maybe 128.Sell on rise.

[durgesh147]

Gbpchf : Long
Entry : Market Cmp - 2.2520
Stop : 2.2367
Target : 2.3565

[clubcard]

Originally Posted by durgesh147

Gbpchf : Long
Entry : Market Cmp - 2.2520
Stop : 2.2367
Target : 2.3565

Hi,

Happy new year to you.

Was this one a MTP trade?

Many thanks

[durgesh147]

Originally Posted by clubcard

Hi,

Happy new year to you.

Was this one a MTP trade?

Many thanks

Hi !!!
It was a MTP trade.I feel USDCHF shud go up and Eurusd vice versa.Target being 1000 pips in coming weeks.Its also a MTP based observation but not confirmed by MTP.
Happy New Year to you as well.

[clubcard]

Originally Posted by durgesh147

Hi !!!
It was a MTP trade.I feel USDCHF shud go up and Eurusd vice versa.Target being 1000 pips in coming weeks.Its also a MTP based observation but not confirmed by MTP.
Happy New Year to you as well.

Thanks.

I'm looking forward to getting MTP, hopefully later this month. It's (with your input) made some great calls since watching your posts on this site. And even when it goes wrong, no real loss compared to the profits. I don't think there is anything else around (especially in these confused markets we have at the moment) that gives better results.

Thanks once more for posting your trade set ups, much appreciated. I Hope this year brings you much success (and me, more to the point! )

[durgesh147]

This is my manual analysis on Euro and i feel it should go down.

[durgesh147]

I came across some forex forecasts made by Citibank.Lets see how these big boys fare.