Predictions by 8fingers - Page 3
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Thread: Predictions by 8fingers

  1. #21
    Sharp moves at Price - Euro/Usd -additional majors - are often followed by sharp Retracements? Majors had reversal yesterday and this might be a Bottom? 4 hr charts all showing reversals and that I will favor Longs onto a Dip. If this is a Trend change- it ought to be a BIG one. I'll wait for Daily confermation though.That wont happen till nxt week. I will post forecast for nxt week at closing now.

  2. #22
    The Dollar could go either way this week-News Releases every day this week except Friday. I will wait for those releases and trade after unless there's a Major support/resistance Break.In that situation, I would trade in the direction of this Break. More likely-there will be a minor retrace up (Sunday / Mondayish followed by a resumption of Downtrend in Majors- that I now beleive they're going lower. I am still working in my MiniTraderEA and I cant wait to place it here and receive my crawlmuppetts.Happy trading and God Bless!

  3. #23
    This wasn't a Dollar day. The small retrace I spoke of past post-might be turning into a meaningful reversal. A clean Break above Resistance in each pair would indie (to me) a reversal. In that case I would only look to BUY on dips in price near support zones. The GBP/USD really took off leading the pack North. I am searching for this week to become pivotal. What's really helped my trading has been turning off CNBC and most of the negativity about the world situation. All those negative waves actually disturb my chi'.Happy trading and God Bless!

  4. #24
    The reversal has happened on eur-gbp-aud vs Dollar, (my pairs) and I've changed to LONG for sure. 4 hr charts support reversal and all 3 pairs have now broken(and then some) their week old resistance zones. I didnt ch this movement this morning and now I wait for the retrace down to place my new Long order on each pair (3 lots complete on Standard). This is at least a minor reversal in short term(this week-and many of second ). God and good luck Bless!
    Went LONG on AUD/[email protected]
    LONG on GBP/[email protected]
    LONG on EUR/[email protected]
    1 lot on each pair / take profit@100pips (no stops set till pair is in Profit(25 pips min)move to just over break even. Good luck and God Bless!

  5. #25
    I closed Aud/USD @ .6443 loss of 58 pips(OUCHEee!) AND MY OTHER 2 PAIRS ABOUT TO DIE. Wildly in about two grand lighter and territory! These days, I hate! Lol - I will be back! Good luck and God Bless

  6. #26
    Quote Originally Posted by ;
    I closed Aud/USD @ .6443 loss of 58 pips(OUCHEee!) AND MY OTHER 2 PAIRS ABOUT TO DIE. Wildly in negative territory and about 2 grand lighter! I hate! Lol - I will be back! Good luck and God Bless
    Ouch! 8 Fingers looked as if you had a rough day at the markets. I had put a trade going south on Eur/Usd and pulled because I listened to you and another expert saying it is going north. I have got to trust my own trading rather than others. Hope you make it back. Incidentally I will go bearish for GBPUSD in the end of this daily candle position 100 pips into the south. Would like to get back on the Eur but I pulled out of my trigger. . .Hope which you make your money back guy!

    FXEagle

  7. #27
    Quote Originally Posted by ;
    Ouch! 8 Fingers looked as if you had a rough day at the markets. I had put a trade heading south on Eur/Usd and pulled because I listened to you and a different expert saying it's going north. I have got to trust my own trading and not others. Hope you make it back. By the way I will go bearish for GBPUSD at the end of the daily candle first place 100 pips into the south. Want to get back on the Eur however I pulled out of my trigger. . .Hope you make your money back guy!

    FXEagle
    Shoulda had faith! I have only staggered in my 2 other pairs (eur gbp) - that latest pair of trades-now all shut - have netted me $218.34. What a white knuckle ride! I was more than 4 grand south yesterday! I know the retrace will bring better entrance in my 3 pairs! AND OMG! There is someone who trusts and has faith in me? (besides me mom ). Fxeagle- I still believe these majors will grow (although I bailed in my 2 open trades as soon as the whole showed profit) mainly becuase they have been tanking for manner tooooo long. I am not an excellent Swingtrader,yet!
    Fx eagle-I know u will flourish (u have the Forex spirit) but always expect minor retracements on your trading account. Fantastic luck bro and God Bless!

  8. #28
    Fantastic job for getting your cash back!! Sent you an email.

  9. #29
    Quote Originally Posted by ;
    Good job on getting your money back!! Sent you an email.
    This white-knuckle ride required plastic underwear! I was glued to computer for the session. Y can it be,that EVERY time u go out on a limb-IT BREAKS?LOL!! I think that the majors are going north but they arn't operating there! AUD appears like it needs to visit HELL before Heaven-Eur and Gbp have made greater progress from their historical slide south.The fundamental reasons for continued slide south still exist for all these majors (commodity prices falling-England's EU's Economic woes) but in some point(dont know if exactly) that the retracement WILL come! These pairs have been oversold on each indior known and a slight retrace(at least) cant be much away.Until that happens-I will be Selling to rallies! At least in the short term(this coming week). My ForexMagic8 reads: ON Eur/Usd - Gbp/Usd - Aud/Usd SELL following a strong rally north- ie...( if they are close their previous dailyhigh - SELL- if rejected at Resistance only! No more Buys yet!) .Good fortune and God Bless!

  10. #30
    Well-I do think that there is a will to move up for Eur-GBP-Aud vs Dollar.These pairs are off their highs of the past week and Traders are awaiting drops to exchange them long.Thats exactly what I shall do.That wait shouldnt be longer than Wed Euro session beginning (1-2 am EST). I made a right direction call two articles ago-just pulled. I was not worst fearful then I had been then!lol (not really!) .Happy trading and (as always God Bless!)

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