Forexliving Posted December 6, 2010 Posted December 6, 2010 Hello everyone! This is forexliving. I am going to post daily charts as well as major fundamentals as well as technicals for trading forex and gold and silver. I have been trading for 6 years. Note: these charts and opinions are my own and they are not meant as signals .They are for educational purposes. If you follow them it is on your own terms and gains and losses you incur are by no means my responsibility. Hope you learn from charts and be profitable trader.
online2invest Posted December 6, 2010 Posted December 6, 2010 Very good. Please share your charts . If your trading is good. I will learn from you or invest with you. I am looking for traders to manage money
Forexliving Posted December 6, 2010 Author Posted December 6, 2010 AUD/JPY Daily hammer Entered short SL , entry and Tp as shows below. Uploaded with ImageShack.us
Forexliving Posted December 6, 2010 Author Posted December 6, 2010 Aud/jpy update on 1hr timeframe Stop loss moved to plus.
Forexliving Posted December 7, 2010 Author Posted December 7, 2010 GBP/AUD Long entry Is this the bottom? Uploaded with ImageShack.us
Forexliving Posted December 9, 2010 Author Posted December 9, 2010 AUD/USD MONTHLY Can this scenario happen? Its a very long term view. AUD/USD monthly shows the channel formation. And we are at the top of channel now? So can this scenario come true? Only time will tell but i am going to put a small position to see this . Short at 1.00 or 0.9900 level Target 0.75 SL 1.03 Uploaded with ImageShack.us
Forexliving Posted December 10, 2010 Author Posted December 10, 2010 Look out for sell off in eur/usd , aud/usd and gbp/usd in US session. The usd index shows bullish momentum. Gold is in bearish mode so have a sell on gold.
Forexliving Posted December 11, 2010 Author Posted December 11, 2010 Silver monthly chart Silver has grown from 10 to now almost to 30 in a bullish mode. How long can this bullish mode persist? Uploaded with ImageShack.us
Forexliving Posted December 12, 2010 Author Posted December 12, 2010 CAD/JPY long term analysis based on trendlines
Forexliving Posted December 13, 2010 Author Posted December 13, 2010 SHORT GBP/USD And Aud/usd Target 200 pips stop loss 100 pips.
amcfx Posted December 13, 2010 Posted December 13, 2010 SHORT GBP/USD And Aud/usd Target 200 pips stop loss 100 pips. That's a bit too much.. What if GU or AU with change back to bullish after 150 pips down?
amcfx Posted December 14, 2010 Posted December 14, 2010 Sorry to say this, but looks like your 100 pips stop loss has been touched on GbpUsd. I wouldn't normally take such great risk. Would you agree for small but consistent profits? GbpUsd is quite a moody pair for me. 100 pips up and 100 pips down in a day or so.
Guest binbin Posted December 14, 2010 Posted December 14, 2010 greate thread .and the new bi like me really need it. i think i can learn much from this thread.
Andry Posted December 26, 2010 Posted December 26, 2010 Another pair is going down but I am confuse why did AUD/USD in bullish condition? Anyone knew what is the reason of this condition? I read from analysis of some traders said that AUD/USD will down but it rose until now. What a confuse condition.
amcfx Posted December 26, 2010 Posted December 26, 2010 @Andry The market always makes the decision. No matter how many people says its bearish. Maybe those people thought that AU is moving along with EU which is bearish. EU and AU most of the time move along the same direction together. But still anything can go wrong.
cnbc Posted December 26, 2010 Posted December 26, 2010 Another pair is going down but I am confuse why did AUD/USD in bullish condition? Anyone knew what is the reason of this condition? I read from analysis of some traders said that AUD/USD will down but it rose until now. What a confuse condition. allow me to help you. why aud-usd went up while others went down and gold also went down? it is because oil price went up and already more than $90 per barrel. it just speculation of bad weather and opec strategy. there is many ways to look and understand forex, not only through chart. trade what we see and not what we expect or thought.
Andry Posted December 28, 2010 Posted December 28, 2010 @cnbc So it can't be found in the chart, it means news which affected to the movement of AUD/USD. If we are not fundamentalist, it will make us confuse right? I don't too much know about some news in forex, so that made me confuse but thanks for your explanation friend.
amcfx Posted December 28, 2010 Posted December 28, 2010 @cnbc So it can't be found in the chart, it means news which affected to the movement of AUD/USD. If we are not fundamentalist, it will make us confuse right? I don't too much know about some news in forex, so that made me confuse but thanks for your explanation friend. You can go to forex factory to see pending news release. Major news can really affect prize movements. I usullay check the forex calendar before I trade for the day. I notice that 1hour to 30 minutes before a news is released a pair can move 3-60 pips. Then when the news (I'm referring to a major, high impact news) price movement may go up to 200 pips.
Andry Posted December 29, 2010 Posted December 29, 2010 @amcfx Yes I knew that we can look at news which appears in each day, high impact or low impact news, from some news websites. ForexFactory is mostly used and sometimes traders suggested bloomberg.
amcfx Posted December 29, 2010 Posted December 29, 2010 Andry, I'm earning only with forexfactory. Reading many sources will get you confused a lot, and may even lose your confedence in your own analysis.
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