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Re: Forex Trade Alerts - Season 6 by honeric01(m): 1:40pm On May 16, 2012 |
GOLD (SPOT) INTRADAY: THE DOWNSIDE PREVAILS. Pivot: 1550.00 Most Likely Scenario: SHORT positions below 1550 with targets @ 1525 & 1520. Alternative scenario: The upside penetration of 1550 will call for 1559 & 1565. Comment: The RSI calls for a new downleg. |
Re: Forex Trade Alerts - Season 6 by honeric01(m): 1:40pm On May 16, 2012 |
CRUDE OIL (JUN 12) INTRADAY: UNDER PRESSURE. Pivot: 93.40 Most Likely Scenario: SHORT positions below 93.4 with 91.8 & 91 as next targets. Alternative scenario: The upside penetration of 93.4 will call for a rebound towards 94.25 & 95.15. Comment: The RSI advocates for further downside. |
Re: Forex Trade Alerts - Season 6 by honeric01(m): 1:42pm On May 16, 2012 |
Nearest daily target is 1.25-1.2520, but we still need rally to sell, so watch and pray. |
Re: Forex Trade Alerts - Season 6 by fidellamo(m): 1:46pm On May 16, 2012 |
@ honeric, thank God you are here. Been waiting for you, can you add me on yim so we can talk? G am sendinp you a friend request now, thanks. |
Re: Forex Trade Alerts - Season 6 by frenchman2: 2:05pm On May 16, 2012 |
chart pattern analysis for eur/jpy on the weekly chart i think heads & shoulders is being form. we all know to trade this pattern neckline has to be successfully broken and tested. sometimes i break this rule and that's what i just did. ej price is currently at 102.60 while neckline is around 111.00 so we have approx 1000pips in between. I think price heading north. already pulled the trigger at 102.42. 1st tp 104.80 2nd tp 107.70 3rd tp 110.00 will add to position as we progress. NB; Nothing is guaranteed, price could just do the opposite and rubbish my analysis. PRICE IS KING. FOLLOW IT WHEREVER IT GOES.
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Re: Forex Trade Alerts - Season 6 by stolenstone: 2:22pm On May 16, 2012 |
Frenchman, omo where you kack since na We've missed you real good! Welcome back bro |
Re: Forex Trade Alerts - Season 6 by Nobody: 2:29pm On May 16, 2012 |
frenchman2: chart pattern analysis for eur/jpy I rather go south not north |
Re: Forex Trade Alerts - Season 6 by nolly042(m): 3:18pm On May 16, 2012 |
frenchman2: chart pattern analysis for eur/jpyif u ask me i wud say wait for a signal around the left shoulder area and also let the daily kick off the rally. a sniper u are indeed. |
Re: Forex Trade Alerts - Season 6 by mkmyers45(m): 3:35pm On May 16, 2012 |
Gold |
Re: Forex Trade Alerts - Season 6 by Nobody: 4:02pm On May 16, 2012 |
mkmyers45: Gold Wetin Gold do u? |
Re: Forex Trade Alerts - Season 6 by okemmadu(m): 4:11pm On May 16, 2012 |
Why is EurUsd selling? no economic news |
Re: Forex Trade Alerts - Season 6 by Nobody: 4:19pm On May 16, 2012 |
okemmadu: Why is EurUsd selling? no economic news Are u not listening to news concerning greece? |
Re: Forex Trade Alerts - Season 6 by okemmadu(m): 4:35pm On May 16, 2012 |
odiaero: I see. ------------------------------------------------------------ ECB stops monetary operations to some Greek banks as recapitalisation not in place, according to ECB sources From talking-forex.com Read Full Story at talking-forex.com BREAKING --------------------------------------------------------------- Warren Buffet predicted this sometime in January. |
Re: Forex Trade Alerts - Season 6 by silibaba: 5:11pm On May 16, 2012 |
Hi , Here are some of the important headlines that may help with your upcoming trading decisions today... Also we have the US FOMC Minutes coming out at 2:00pm EST, so make sure you pay attention to that release as it may very well change the sentiment for USD for the week... If you missed my analysis, you can find it at the link below, as I expect to see neutral or slightly bullish sentiment for the USD after the Minutes: [BREAKING NEWS] (UK)Bank of England Releases Quarterly Inflation Report which raised inflation forecast with CPI seen above 2% for the next year or so compared to its Feb forecast of until Q4 2012. The report noted that Inflation report chart shows CPI at around 1.6% in 2 years and at 1.8% in 3 years assuming market interest rate path and AFT steady at £325B. BoE Gov King stated during Q&A that contingency plans were being discussed for some time with UK Treasury and FSA regarding the euro area. On QE decision he noted that ultimately have to be driven by inflation outlook, last week decision consistent with that idea. WHAT DOES THIS MEAN? This means no more stimuli from BOE for the time being as inflation is a concern. With UK's GDP showing 2 quarters of negative readings in a row, the outlook for UK is bleak at best, and if you combine the threat of a EU collapse, GBP is likely to weaken further. (GR) Greece Syriza party leader Tsipras: Interim government should halt all austerity programs, state asset sales must be frozen, wage cuts should not be implemented. WHAT DOES THIS MEAN? Tsipras represents the people of Greece and we may see the situation getting worse as we approach the new election in mid-June... Greece may exit EU and there is nothing anyone can do about it, especially with the public stand by these leftists politicians. Verdict: SELL more EURO. (CN)China's "Big Four" state-run banks were said to have issued almost no new Yuan loans in the first half of May. WHAT DOES THIS MEAN? The AUDUSD pair was suffering not only from euro zone risks, yet also concerns that activity in China's economy may be faltering. I believe the long overdue correction for AUDUSD is on the way, so definitely SELL on any rally. |
Re: Forex Trade Alerts - Season 6 by FXKing2012(m): 5:21pm On May 16, 2012 |
Good time to sell EUR/USD, GBP/USD, EUR/CAD, EUR/GBP, AUD/USD and buy GBP/CHF, USD/CHF, USD/CAD and USD/JPY. Remember SL is 100pips away. Join me and smile with me to the bank by tomorrow or next. |
Re: Forex Trade Alerts - Season 6 by russy: 5:48pm On May 16, 2012 |
FXKing2012: Good time to sell EUR/USD, GBP/USD, EUR/CAD, EUR/GBP, AUD/USD and buy GBP/CHF, USD/CHF, USD/CAD and USD/JPY. Remember SL is 100pips away. sure fx-eze................i am join you after fomc................4 now make i wait but wait 4 me |
Re: Forex Trade Alerts - Season 6 by Nobody: 6:19pm On May 16, 2012 |
Are we there yet? |
Re: Forex Trade Alerts - Season 6 by nolly042(m): 6:26pm On May 16, 2012 |
silibaba: Hi ,pls whatis the source of this news. i need it too.. |
Re: Forex Trade Alerts - Season 6 by unclenna(m): 6:39pm On May 16, 2012 |
odiaero: Are we there yet?we are not there yet. Just came back frm 4day trip. Una don finish d pips here. |
Re: Forex Trade Alerts - Season 6 by Nobody: 7:28pm On May 16, 2012 |
unclenna: we are not there yet. Just came back frm 4day trip. Una don finish d pips here. Get this below so u can trade on the move, Galaxy Note
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Re: Forex Trade Alerts - Season 6 by JAkpayen(m): 7:45pm On May 16, 2012 |
sell GBP/CHF and buy EUR/GBP @ market close today. Please compare if they correlate with your signal |
Re: Forex Trade Alerts - Season 6 by wealth4us: 7:51pm On May 16, 2012 |
FXKing2012: Good time to sell EUR/USD, GBP/USD, EUR/CAD, EUR/GBP, AUD/USD and buy GBP/CHF, USD/CHF, USD/CAD and USD/JPY. Remember SL is 100pips away.pls, I think it will be better and more helpful to the family here if you can post your entry, tp and sl for any trade you want us to smile to the bank with. If you can also post yr chart, it will help all of us to learn more here as a family. Regards 1 Like |
Re: Forex Trade Alerts - Season 6 by unclenna(m): 8:24pm On May 16, 2012 |
odiaero:@odiaero, that was my little vacation and when I do such travels I shutdown my trading platform, spend my time with friends, parents and other loved ones. I encourage you to try it once or twice in a years it helps a lot in trading.......SO WHERE ARE WE? 1 Like |
Re: Forex Trade Alerts - Season 6 by unclenna(m): 8:25pm On May 16, 2012 |
I plan to sell GU @ the close of the daily candle, any comment. |
Re: Forex Trade Alerts - Season 6 by Nobody: 8:38pm On May 16, 2012 |
unclenna: Lol, am on vacation all day lol |
Re: Forex Trade Alerts - Season 6 by dboy365: 8:45pm On May 16, 2012 |
odiaero: You go fear vacation nah! |
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