Some of my forecasts

[forexworld]

after 3 hours I am seeing 30 pip green on my eur/usd short at 1.3670 it was a long time to wait for 30 pips lol I have my eyes open I expect some more lows! but with the uncertainty I closed the trade !

 

[rajesh.sadhanala]

after 3 hours I am seeing 30 pip green on my eur/usd short at 1.3670 it was a long time to wait for 30 pips lol I have my eyes open I expect some more lows! but with the uncertainty I closed the trade !

Great!!
I am eyeing on the USDCAD chart. The Kinjun for daily is at 1.02. This is key support area. Not sure whether it can hold or not.
If it touches and moves up a candle (daily)) then I will enter long.
If it breaks below and moves down a candle (daily) then I will short.
Both of you, let me know your views on it

Regards
Raj

 

[rajesh.sadhanala]

10% of fundamental for strong trend - ok I would not say much and I don't want a reply to this particular post and I would not suggest anyone except raj to read it please don't look even here I don't want anyone to get a corporal tunnel after reading this - lol

but today was a very good day for the eurozone, everything was greater than expected ,steps are taken to solve the debt crisis major issue have been solved almost, eurzone has gained the investors confidence today, talk of banks re capitilization are also been held! so add it to to the bulls

It is not solved, it is just pushed ahead by buying more time. These so called corporate/ political people twist the system however they want with words. Its better that I dont get into that

It still looks like a relief rally and every top will be shorted unless the direction of the trend changes.

Regards
Raj

 

[4xpipcounter]

Raj, as per my Weekly Forecast the USD/CAD should be seeing 1.0088.
Overall, the USD looks very bearish over coming days. For someone that likes to cross check, they would need to look no further than the USD/CHF.
The only concern for the USD/CAD is 1.0088 being broken. If that happens, then the UP is over. It is not too far-fetched at thsi point to see this pair return to sub-parity.

Great!!
I am eyeing on the USDCAD chart. The Kinjun for daily is at 1.02. This is key support area. Not sure whether it can hold or not.
If it touches and moves up a candle (daily)) then I will enter long.
If it breaks below and moves down a candle (daily) then I will short.
Both of you, let me know your views on it

Regards
Raj

 

[4xpipcounter]

That's why I could care less about FA's. Even though some people might do well with them, I see no way how to base an objective trading decision in using them.

It is not solved, it is just pushed ahead by buying more time. These so called corporate/ political people twist the system however they want with words. Its better that I dont get into that

It still looks like a relief rally and every top will be shorted unless the direction of the trend changes.

Regards
Raj

 

[TraderSe7en]

Hellow~ You're trading day starts? !

 

[4xpipcounter]

As you know, it is 12:30 in the morning here, and I am on my way to bed.
Whenever I wake up is when my day starts. I'm not looking for anymore trades. I got some dandies up now.

Hellow~ You're trading day starts? !

 

[forexworld]

Great!!
I am eyeing on the USDCAD chart. The Kinjun for daily is at 1.02. This is key support area. Not sure whether it can hold or not.
If it touches and moves up a candle (daily)) then I will enter long.
If it breaks below and moves down a candle (daily) then I will short.
Both of you, let me know your views on it

Regards
Raj

no, you should not look to enter long there! i am posting it next!

 

[forexworld]

Great!!
I am eyeing on the USDCAD chart. The Kinjun for daily is at 1.02. This is key support area. Not sure whether it can hold or not.
If it touches and moves up a candle (daily)) then I will enter long.
If it breaks below and moves down a candle (daily) then I will short.
Both of you, let me know your views on it

Regards
Raj

Raj I wouldn't suggest going long at the daily kinjun as I expect more bears to come! last week I was looking for the bottom of the weekly cloud to be hit it just missed by few pips I would suggest going long on the touch of the weekly tenken at 1.0188

 

[forexworld]

It is not solved, it is just pushed ahead by buying more time. These so called corporate/ political people twist the system however they want with words. Its better that I dont get into that

It still looks like a relief rally and every top will be shorted unless the direction of the trend changes.

Regards
Raj

10% fundamental - As I said for this post that I would not say much everything was positive or eurozone, The EURO got some much needed support from the major European powers consisting of France and Germany who both came out and stated that they would not let the big European banks collapse and that they would come out with a plan as early as the end of the month to stabilize the failing banks. Traders have been in a buying mood for several sessions as fears that a likely Greek default would be contagious eased slightly

Euro/usd the level around 1.3670-90 which I already mentioned in my previous post would be difficult to get rid of and expect some minor corrections and that is what happened! Break above the nearest resistance and yesterday's top at 1.3699 may trigger further strengthening of the Euro and it would be a clear shot to the bottom of the monthly cloud till 1.3845