Comments on: Daily analysis and trading strategies 11-09-09

By: Liviu

Liviu — Sun, 22 Nov 2009 08:59:19 +0000

Thanks for the feedback. The expectation in GBPUSD was for a pullback to 1.6600 before resuming uptrend. Market was at 1.6715 at the time of writing, but it didn't pulled back that much, only the next day – it reached 1.6600 bid during the Asian session (as in this chart: http://bit.ly/52PxLe ). Anyway, entry was not valid since it would be missed by 2-3 points (broker spread). :-)

Have a nice Sunday!

By: swissforex

swissforex — Sun, 22 Nov 2009 00:48:22 +0000

Hi Liviu

thanx for your good work

I'm backtesting your signals

Congratulations for your forecasting about EURUSD

But I would say your GBPUSD signal comes a bit in late:I mean,when you published(7:04 GMT) that upside move was just gone away..

By: Liviu

Liviu — Mon, 09 Nov 2009 18:43:54 +0000

Hi Majed,

Thanks. Not such a good one since entry was not hit. What I know for sure is that direction (or call it sentiment) matters… depends on audience: 1. some want exact entries while 2. some want directions or simply comparing their own views. To be honest I'd like to say that my views are addressed to the 2nd category.

By: majed

majed — Mon, 09 Nov 2009 18:35:03 +0000

good one for euro

go ahead

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