Eur/usd

[osamoz]

Hey!!

What do u think abt eur/usd?? for next 6 hours.
Quick response will be much appreciated.

Thx
Osama

[tdeketel]

Originally Posted by osamoz

Hey!!

What do u think abt eur/usd?? for next 6 hours.
Quick response will be much appreciated.

Thx
Osama

Eur/USD will be stable for the next 6 hrs, because the market is closed during the weekend ...
Regards

[Nonpiker]

G7 meeting this weekend in New York. Probably not the best idea to go home with a position if you are more s/t player.

[faure]

Originally Posted by tdeketel

Eur/USD will be stable for the next 6 hrs, because the market is closed during the weekend ...
Regards

Uhh, maybe not. Do you remeber when saddam was captured. Or even this monday when euro opened 70pips lower.

[Ageorge]

Wait until the formation of German government, you will see the movement on Euro on major pairs. This coming week will be a challenging week for USD, as few data are coming from Tuesday and as well news from Rita catastrophe that every one awaiting. In summary, lots of analysis by traders expect the Euro to move up from Tuesday or if the Rita hurricane disaster is worse than expected.

[metal]

Currency trading sounds like gambling. You make money one day and lose the other day.
regards
Metal

[ampris2000]

i disagree.

gambling you only "hope" you win. with fx, you can know you're going to win.

it's the individual that "gains" or "loses" money. As one book i read said:
"Not trading is a trading strategy as well".

of course, i have lost money, but it was all psychological. not trusting my system, freaking out during a retracement, listening to some analyist instead of trusting my system. If I hadn't done any of the above things, the majority of my trades would have been correct. All in all though, it's making me a better trader.

I think i read that Edison found thousands of ways to "not make a lightbulb" before he made one that worked.

The adx/dmi has improved my trading alot. I just need to learn patience now.

[metal]

Originally Posted by ampris2000

gambling you only "hope" you win. with fx, you can know you're going to win.

Well if that was the case, then everyone here would be a millionaire.

regards
Metal