Long December.....FOREX

 tandem is the wrong word, because they are going in different directions, but you know what i'm sayin 

Since I can't make a successful trade if my life depended on it, I'm simply following the recommendations at mataf.net

Short on EUR/USD, stop loss at 1.439, limit at 1.425

Oops.. forgot to add.. got in at 1.430

Yep..

I think Gold is a HUGE bubble and based off momentum with currency sprinkled in..If gold drops under 1k it will probably start some nice shorts/long stops selling and move even lower.

Right, but as a commodity can the bubble created affect the USD.  Or is there a point where it will decouple. 

we are still monetizing our debt, we are still spending like sailors on shore leave, and the presses are still running (to my knowledge)  we have refused to raise rates, or cut our spending,  all of this seems bad for the currency to me.

Could this bubble blow up devaluing gold, creating a Sustained USD rally into the new year based solely on the traditional correlation between gold and the usd?

If this is the case be ready to make a killing shorting the AUD

shorted Aud a while ago while I was at the gym

and it is looking good new low @ 8767

By the day the GLD had it should have been an easy call. 

OMG!!!! It's a Festivus MIRACLE!! Got paid on that EUR/USD short!  wow, I actually made a winning trade!  But I'm pissed, I could have bagged over 100 pips!  EUR just tanked!

A festivus for the rest of us......greatest show ever

 

 

Thinking about dumping EU/GBP here...up enough to cover the weeks its cost me right now...i do like the daily though maybe it can push up to 9050?Any thoughts fellas?

Anybody see or trade the bottom bottom in Eu/USD?My brother called me bitching cause i was still in this trade when Eu was 1.4240s......ill be watching the charts once im out of this pair

sold Eu/JPY 131158

HAPPY HOLIDAYS EVERYBODY

Been reading you threads here and in systems. I am interested in the DMI and RSI lines. But have no understanding of the crossing of the lines.

Can I get the 10 min course on this?

Thanks

Open a practice account and ill go over a chart with ya

Eur/Jpy stuck in a rut between 13140 and 70 here no movement outside that box since open....getting an ADX +DMI crosss on the 2hr hope it leads to somerthing good on the longer charts........

Everybody have a good xmas?

hi just open a demo account ' forex.com.

 i have 3 lines of rsi and the on dmi on chart should i have  just one of each

thank you

Should be RSI[select SMA]...then the DMIs are a set of three

ok thanks sma 2 lines

and dmi 3 lines

 thank you

.....RSI should be a single blue line

hi i have sma3 green and sma4 blue overlaid on bar chart eur/jpy  4 hour about to crossover

what are the setting on ur RSI?

im seeing a cross in EUR/JPY but its an ADX+DMI cross

hi ok managed to turn 2 rsi`s off only one on reading 63 683 the setting is set at default and adx+dmi cross