[Archive] FOREX - Trends, Forecasts and Consequences (Episode 11: January 2012) - page 635

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Down candle - sell, up candle - buy? )))
Yeah... weekly and monthly
0821 GMT EUR/USD should have peaked now, says Commerzbank analyst Karen Jones, having achieved its initial corrective upside target of 1.3245. However, she says while the rate holds above the near-term uptrend line at 1.3072 it should remain bid. Now at 1.3160, Jones says a break above 1.3250 would target 1.3437 and possibly 1.3550, while a break below 1.3072 opens risk toward the 1.2778-1.2854 zone. Jones favors the latter option, and is short from 1.3140, adding at 1.3230, with a stop at 1.3250 to take profit at 1.29.
We could go to 1.35 or 1.27. Or rain or shine)))))))))
This is the kind of nonsense they write:
0821 GMT EUR/USD should have peaked now, says Commerzbank analyst Karen Jones, having achieved its initial corrective upside target of 1.3245. However, she says while the rate holds above the near-term uptrend line at 1.3072 it should remain bid. Now at 1.3160, Jones says a break above 1.3250 would target 1.3437 and possibly 1.3550, while a break below 1.3072 opens risk toward the 1.2778-1.2854 zone. Jones favors the latter option, and is short from 1.3140, adding at 1.3230, with a stop at 1.3250 to take profit at 1.29.
We could go to 1.35 or 1.27. Or rain or shine)))))))))
It says: when it breaks through 1.3072, and while the price is above that, the possible targets are 1.3437 and possibly 1.3550.
Buy, sl 1.3125.
Thank you, Strange!
Maybe you'll catch a moose, then you'll thank me)))
Maybe you'll catch a moose, then you'll thank me))))
one is enough already, the trawl is usually a support, it just happens)))) the market is here ;))
now it's time to either close on a pullback... or go up... that's the question? ;)))
Who knows about channels. If you do not want to share your knowledge with others, please do not hesitate to contact me. I am writing an Expert Advisor that automatically draws the channel lines. NEED HELP!
https://www.youtube.com/watch?v=098pYnYQYYI
Well right, all brokerage houses are made to rob us and take us to the cleaners, but this American smart aleck is also a bug and a liar, there is no honesty where money is concerned, our task is to pump out more and give less, like on the torrent)))