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Originally Posted by pip4x
Iris's analysis is based on WHAT ? Fact? -- Ha!
The COT signals for a long eur.usd were evident 2 weeks ago when price was bottoming around 1.1835 ... look what happened since then, many many missed pips and you keep shorting along with your "master" (gawd I hate when you use that term).
And ...
What analysis (15 yr seasonal chart that isn't even Iris's work) you are going to trade from a seasonal chart or from central bank forecasts (good luck my trading friend, you will need it) ... Stormy, Iris and yourself are preaching to the converted. You are all south but from where this time ... why don't you post where you went south from and I assume you are looking for a break of 1.1900-1.1800. If that occurs this week Noor then I will come here and praise your "master" and yourself as prophets.
Good Luck !
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this is my call on thursday...
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Originally Posted by Noor
Euro/Usd
Sell at current price at 1.1937 (current price)
Stoploss: 1.1955
Target: holding till one hour before the ECB rate announcement...
Three hours from now 
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then....
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Originally Posted by Noor
Position closed at breakeven...
waiting for the ECB news....
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Now my current call
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Originally Posted by Noor
Sell Euro/Usd at 1.2010 (current price)
Stoploss: 1.2065
Target: Hold
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then asked to cancel the stoploss for now....
If you can't use the COT data then don't use it... even I find it hard to use but I am still learning...
I trade based on what I see in the Market, and how prices react to fundamentals...
The reason why I mentioned central banks is because every word said by them is very important for now... BUT... deppending on which central bank,,
I find every one of them has a unique tone in saying were we want the price to be at...
I believe that the only thing that support Euro north advance for now, is Trichet recent comments... when looking at Tritchet tone... I won't even dare to buy Euro/Usd...
I am not posting my analysis to become anyone's prophet... I am posting them as a way of saying thank you to Iris for all the clean and excellent work that he is doing...
when the price bottomed at around 1.1825 I bought Euro/Usd... as I have been saying back in this thread that I won't dare on bitting on going through/within 1.18 area at that time...
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Originally Posted by Noor
1.1780<>1.1900 is a very strong buy zone for Euro/Usd and I should avoid betting on going through/within it...
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I also talked about 1.20 area but I rathered looking south after keeping on recieving strong data from the US
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Originally Posted by Noor
I believe we need to see how the price will react within the 1.20 area... to see if they will send the price south to 1.1640...
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I am south for now... I wan't to ask everyone who want's to go north to post his entry/targets/stoploss...
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But u just have to put a stoploss or else u might wake up one day and find ur self bankrupt if EUR kept advancing to 1.23+
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