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Forex Trading Magic Wave. Foreign exchange currency trading
www.forexmagicwave.com stores.ebay.com This is the recap of my Trades for the week 01-09-12 to 01-13-12
Source: Forex Trading Magic Wave. Foreign exchange currency trading (Youtube).
Filed under: eCommerce · Tags: austerity
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@FOREXMAGICWAVE usually it need a breather at least, or a ranging condition to assist oversold indicators on higher TF. it had a breather last around 1.2950-1.3150 for a couple of weeks i think.
also the debt auctions have been positive lately. however Greece and italy look in bad fundamental shape. outlook long term is bad.
levels 1.18(its last major low), 1.12, and 1.00 look possible.
@FOREXMAGICWAVE im also watching the S&P 500 index. it is at the highest point of its range, and holding for a while now. i think the stocks are at their cycle highs, and will move to lower areas due to debt crisis.
@lovehopefaith1000 you were right . This pair has gone up more then I thought . I tried to short it around .382 with a small position and got knocked out . If it crosses 1.2800 handle, then it might go back to test 1.2873. Hearing of big offers sitting around 1.2800. Lets see
@FOREXMAGICWAVE yeah thx buddy, on TA, it is massively oversold, there is also short covering from the eur/aud cross which is down 1400 pips in just 2 wks…bond auctions have been positive. DAX is also positive, which is meant to be correlated with euro.
long term chart for euro is up, USDX is down due to money printing, and depression in us housing market.
however i still feel it is worth only max parity, as the entire world economy is based on ponzi scheme and will explode one day…
@FOREXMAGICWAVE yeah thx buddy, on TA, it is massively oversold, there is also short covering from the eur/aud cross which is down 1400 pips in just 2 wks…bond auctions have been positive. DAX is also positive, which is meant to be correlated with euro.
long term chart for euro is up, USDX is down due to money printing, and depression in us housing market.
however i still feel it is worth only max parity, as the entire world economy is based on ponzi scheme and will explode one day…
@FOREXMAGICWAVE yeah thx buddy, on TA, it is massively oversold, there is also short covering from the eur/aud cross which is down 1400 pips in just 2 wks…bond auctions have been positive.
just putting your euro$ buys on that week after the downgrades and let it run you would be 300 pips up by last week friday . LOL do that with standard lot of 1 pip = 10$
Yeah you are right. Weekly posting a nice big bullish candle making a beautiful morning star candle formation. Seems like we may be turning north. In a short while, i will be posting a new video showing some time analysis.
Hi! Have you heard about the British Box Breakout (just google it)? Ive heard some unbelivable things about it and my father made tons of moolah.