Some of my forecasts

[Piratetrader]

Hello sir, Sir How about eurodollar I drew a trend line from bottom to the top and yesterday it got broken and sir then the rule with any trend line broke is that we require a correction back to it ?H4 trend line appears to be completed at 1.3820 and the daily trend line correction appears to be completed when it reaches at 1.3982 !

 

[4xpipcounter]

Monthlies--Nifty Markets--1111

Rel Ind--M 951.36 884.98 844.99 765.01 725.02 -658.64
SBI--M 2220.92 2078.54 1992.77 1821.23 1735.46 -1593.08
Tata Steel-M 579.21 525.59 493.30 428.70 396.41 -342.79

If the monthlies for any of the forex markets are important to anyone, then let me know, and I'll post them.

 

[4xpipcounter]

Re: Aud/chf

Saif, that is an excellent idea!
There is a slight problem. That break does not look like it is going to be the typical TL break. If that is the case, then watch price action when it corrects, because it could just as easily break the TL and head back north.
The best option, and hopefully it will play out, is for the top of the weekly cloud to be hit, then you get a splashdown and get drowned in pips.

SIR !!!!!! (((((((((((((((( SHOULD I RE ENTER MY SELL POSITION SIR OR SHOULD I WAIT FOR THE DAILY TREND LINE TO GET BROKEN ?

 

[4xpipcounter]

Re: 3 for 1 special

Raj, I'm not sure. I've never been there, but would love to, but it would be near the end of 2012 if I pull it off.

Which part of Andhra pradesh are you planning to visit? I am from Andhra only
I am going for a holiday to Hyderabad and Visakhapatnam in the month of Dec.

Regards
Raj

 

[4xpipcounter]

LOL, they better be wrong. I'm long now.

Morgan Stanley has given a sell recommendation on the Euro/USD. I think that's the best reason to go long !!!

 

[4xpipcounter]

Saif, exactly! I already talked about that in previous posts.

Hello sir, Sir How about eurodollar I drew a trend line from bottom to the top and yesterday it got broken and sir then the rule with any trend line broke is that we require a correction back to it ?H4 trend line appears to be completed at 1.3820 and the daily trend line correction appears to be completed when it reaches at 1.3982 !

 

[Piratetrader]

Saif, exactly! I already talked about that in previous posts.

Hello Sir How are you? Thank you very much for your reply sir Sir I got the 4H correction at 1.3820 now I am waiting for the daily correction to close my long position ! ))))

 

[rajesh.sadhanala]

LOL, they better be wrong. I'm long now.

I am more comfortable going short on EURUSD and AUDUSD on a longer timeframe.

Somehow not able to go long even though 4H is signaling a buy. I have following set of reasons
1) Very high volatility, direction keeps changing
2) It is a small correction and my entry wud be late
3) I dont feel that its worth taking risk somehow.

wat do u feel..

Regards
Raj

 

[Piratetrader]

I am more comfortable going short on EURUSD and AUDUSD on a longer timeframe.

Somehow not able to go long even though 4H is signaling a buy. I have following set of reasons
1) Very high volatility, direction keeps changing
2) It is a small correction and my entry wud be late
3) I dont feel that its worth taking risk somehow.

wat u suggest..

Regards
Raj

Hi raj, On the longer time frame I would say you should short eurodollar and long aud/usd

 

[4xpipcounter]

It might take the next couple of days, but 1.3920 appears to be a decent target, and 1.3949 is now containment.

Hello Sir How are you? Thank you very much for your reply sir Sir I got the 4H correction at 1.3820 now I am waiting for the daily correction to close my long position ! ))))