EURUSD 200-pip rally possible! :)

[MickMason]

Originally Posted by Trader02

Thanks.

For me its really based on DX, which I study often, at least every week, looking at the monthly/weekly/daily to see if my analysis is OK or flawed.

So,

When DX is strong, I play USDJPY, USDCHF & USDCAD LONG.

When DX is weak, I play EURUSD or GBPUSD LONG.

Then every now and then I get tempted by other goodies like USDNOK, USDZAR, GBPJPY, CHFJPY, EURGBP, EURCHF, GBPCHF, EURCAD

I haven't tabulated my results for these extraneous pairs but they pale in comparison to the basic strategy listed via DX.

With so many chocolates in the store it is hard to focus on just EURUSD although that could be a very smart thing to do in terms of "energy" savings.

Still learning and perhaps by next year I can settle down to just a 2-pair load.

A veritable buffet of currencies, enough to feed the hungriest appetite

[Trader02]

Originally Posted by MickMason

A veritable buffet of currencies, enough to feed the hungriest appetite

I used to think that the best buffet ever, anywhere on the planet was the one at the Marina del Rey club in Los angeles, CA.

I was wrong.

Forex is the grandest of the best.

The best job I ever had.

My only problem? I got nothing to buy, nothing I need; but loads of hungry wolves who would love to get their hands on my loot and spend it in a jiffy -- there is no shortage of such cats.

[Trader02]

Originally Posted by Soul-Trader2004

check it out mick - http://www.interbankfx.com/trading_tools/ibfx_gps.php

stand alone app - can also get it at autochartist.com if you want to pay for it

its really cool, scans all pairs for chart patterns on all timeframes

--------------------------------


Technical Analysis is bollox.
Moving averages are crap
Trendlines are rubbish.
Patterns are silly and don't work.
All lines are a self-fulfilling prophesy
Fibonacci is an illusion and is crap.
................... SoulTrader2004 aka Currencia.


And now you give us a scanner to find technical chart patterns?

Strange inconsistency for a newbie killer, but thanks anyway.

I ran the scan on the board and came up with a Head & Shoulders pattern with currencia as the left shoulder and you the right. Only remaining question is, "who is the poor unfortunate who sits betwixt?"

Its about time you give us something concrete instead of the Lalaland promises of higher learning/methodology, Your Munificence.

Bah!!

[MickMason]

Originally Posted by Trader02

currencia

What happened to that guy anyway, he seems to have made a discreet exit with all the other 'eur will never break 1.30' market gurus......perhaps he doesn't like pie

[Soul-Trader2004]

just thought it was a cool tool for those who do that crap

[bearprofits]

Originally Posted by MickMason

What happened to that guy anyway, he seems to have made a discreet exit with all the other 'eur will never break 1.30' market gurus......perhaps he doesn't like pie

Mick,

I don’t ever recall him saying that.

bear

[Soul-Trader2004]

Originally Posted by Trader02

--------------------------------




Its about time you give us something concrete instead of the Lalaland promises of higher learning/methodology, Your Munificence.

Bah!!

sorry, but the thing you really really really need i cannot give, sell or obtain for you. You can have it for free but you'll have to wait a while.

.................................... Time.

[Atomised]

Originally Posted by Soul-Trader2004

sorry, but the thing you really really really need i cannot give, sell or obtain for you. You can have it for free but you'll have to wait a while.

.................................... Time.

LOL and maybe patience and determination ?