Of Gold Extensions مقياس إمتدادات الذهب
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
!!! It doesn't mean that I'll be long this week on EURCHF, but I'm waiting for a better level to short again. I'll not go against the trend. "Trend Is my friend" too
However I remain attentive to the troubles in Eurozone and I will keep an eye on Swiss figures this week which could urge me to invert my short term outlook on EurChf
And without break of 1.5389 I remain short (from 1.5290).
Risk 100 Pips
leverage 1.5%
+Sell Order at 1.5190
Target 1.4750
Last week Oversold + SNB intervention = I'm waiting for a correction towards 1.4580 before a pursuit of the bearish trend.
My chart studie on facebook If you want: http://www.facebook.com/photo_search.php?oid=114000341949082&view=user#!/photo.php?pid=1198580&op=1&o=user&view=user&subj=114000341949082&aid=-1&oid=114000341949082&id=1144201104
Regards
djellal
For me it depend of the pair, On cable for example you can generally hope for 70 pipsper day I think.
Cambist in switzerland
Andn without break of 1.5389 I remain short (from 1.5290).
Risk 100 Pips
leverage 1.5%
+Sell Order at 1.5190
Target 1.4750
YOU CANNOT SAY THAT : "I believe that Ashraf did this because I'm Egyptian and is from Algeria, there is a disagreement between us because of the match Fooball"Bullshit !!
I'm french but I from algeria like Ashraf, I read his analyses, but I take my own decision to take my positions
You shall have to make the same thing and take your own decisions !
And stop your war against Algerian it's stupid !
Good luck for your next trades !