Well its $50 dollars for the first prediction and $30 for each prediction afterwards but since your a ET member Ill give you this freebie......EUR/USD short whith a price target of 1.2860-1.2850 for this afternoon session
LeeD 1.20 is my year-end target. In the next couple of weeks I think it will be around 1.30 before it will 'crash' due to Spain and Portugal. Another reason why I think Euro will tumble is because of the rate in the U.S. which will raise within the next months.
My price target on the EUR/USD short has been met....But I know you didnt need me to tell you this was going to happen this afternoon. so thats 2 for 2 right? lol
The EMU problems seem to have turned into a USD and JPY carry trade unwind. I expect both currencies to get considerably stronger if the carry trade unwind picks up a bit more steam.
this head (1.60) and shoulder has 38 cents to the neckline at 1.22,target drop from break at 1.28 is .90,it needs to be validated by a retouch of neckline
Im not long anymore, I was just long on yesterday mornings bounce from the lows. I made a quick 50 pips last night. 1.28052 is what I sold, my S/L 1.28950, my T/P 1.27500. it blew through my T/P. by the way alpari is great MT4 1428875 2010.05.06 00:18 sell 0.05 eurusd 1.28052 1.28950 1.27500 2010.05.06 08:58 1.27500 0.00 0.00 0.00 27.60 and no its not a demo account just a Micro
Nice trade! 1.270 area I posted shows up as a previous area that we had a good bounce off of about 18 months ago on the monthly chart.
The funny thing is when I revised my "speculation" down back in Feb this year, I wasn't aware if the Greece or PIIGS problem. It's a good thing to stick to the plan. It was posted at 02-23-10 09:54 PM, page 14 if people are skeptical.