Friday 8 July 2011
EURUSD TRIANGLE PATTERN.
I know this blog is now about the psychology of trading, however I can never really tear myself away from trading views full-stop. And today I will be posting my Technical Analysis view of the current EURUSD market in relation to the triangle pattern forming on the EURUSD. (I could of course talk about this from a psychological perspective, but I'm not I'm merely going to try and point out what I think is happening and may happen. : Please see comments below charts:-
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Both the Euro and US$ are taking the beatings.
ReplyDeleteI have a web site where I give advise on penny stocks and stocks under five dollars. I have many many years of experience with these type of stocks. If their is anyone that is interested in these type of stocks you can check out my web site by just clicking my name. I would like to take a moment to talk about low price stocks not classic penny stocks or stocks under one dollar the term most people most often think of when the word penny stock is used. Their are companies of really decent quality trading under five dollars’ but for every one company trading under five dollars that is of decent quality their are maybe ten of poor quality. So the really big difference between those investors that are tremendously successfull when it comes to investing in low price stocks and those investors that lose enormous amounts of money investing in stocks under five dollars’ is having a great deal of knowledge and experience when it comes to low price stocks’ or having a total lack of knowledge and experience when it comes to low price stocks. Finding quality stocks under five dollars requires a lot more research than finding a decent stock above ten dollars.
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