Thoughts About Forex Market

 

Short week, short review (24th week)

6/21/2010

7 Comments

 
    Hello, in Lithuania we have short work week, so my review  will be short. So previous bullish week for EurJpy and EurUsd proved bullish harami candlestick pattern in EurJpy and piercing pattern in EurUsd. In a month or two I expect EurJpy to retrace to a price level 120.00 and EurUsd to a 1.34 level.
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    Next week for both currencies can be a little retrace and sideways play, or maybe a bullish trend.
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7 Comments
blah link
6/23/2010 07:09:27 am

Hello there,

your analysis is quite as I shall call ordinary. However, you've mentioned professional trading. So what are the results? How much profit did everything caused? Any analysis are useless without this information dear blogger. :)

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Mantvydas
6/23/2010 01:47:21 pm

Hello,
I am very happy with the first comment. :)
Blah (what's your real name? :), I like your idea about results. There are few options how can I show my results:
1. Write my results in comments of particular week analysis. Comment them.
2. Write new blog post about my results.
3. Show everyone my account through Myfxbook.
In my opinion, best option is to combine 2nd and 3rd option. Is there any other opinions?

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blah
6/23/2010 11:06:18 pm

Hi,

it doesn't matter how it will be delivered. It's just interesting what are the acctual result for all this time (2 years). Did it went to profit or loss? How much? Just in general - for all the time not for week or day.

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Mantvydas
6/24/2010 12:01:12 am

You can take a look here:
http://www.myfxbook.com/members/mantvisj/primary/13719

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blah
6/24/2010 08:51:53 am

Thank you.

Say, what books did u read?

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Mantvydas
6/24/2010 06:40:21 pm

Most important books I recommend to read are:
Alexander Elder "Trading for a Living"
Mark Douglas "The Disciplined Trader"
and "Trading in the Zone"

Blah, why you read my posts? Do you interested in trading? Are you begginner or advanced?

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blah
6/25/2010 04:42:31 am

Me just went trough the net and came here somehow. I can't say I'm a begginer, however I'm not the pro either. Hard to say, who am I actually. :) Just looging for suitable strategy, but without any of those Elders or Douglases in it. :)

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