I’m a swing trader and based on what I’ve been looking on my charts indicate the possible pips gain with the 3 pairs listed below.
EUR/USD -> Go Long
GBP/USD -> Go Long
USD/CHF -> Go Short
I believe there will be at least 2 more days of making profits on those pairs.
Based on your own charts and indicators, would you guys agree with my ‘predictions’?
Let me know. I hope to turn this into a daily predictathon so we can all refine our spotting techniques.
EDIT: I DON’T ENCOURAGE ANYONE TO BUY THE PAIRS LISTED ABOVE BECAUSE OF THIS THREAD. I want this to be an informative ‘spot the gravy trains’ than ‘buy because it’ll make you rich’ thread!
Thanks! I’d rather hear your swing predictions than your swingin’ sax playing
Any price targets, or is that a little too Nostradamus and not enough amateur meteorologist?
Andrewunknown:
Let’s start with the current prices I pulled at 6:50PM EST
EUR/USD @ 1.5790 - LONG
GBP/USD @ 1.9719 - LONG
USD/CHF @ 1.0254 - SHORT
I just checked and my positions are the exact opposite, on all 3 pairs.
Only one of us can be right… and so far I have 7/7 trades in the negative wahahaha. Although I’ve made about 300 pips in the past 3 days… we’ll see how things turn around by tomorrow morning.
Yarcofin:
Let’s see what happens in a few days.
Slick [I]and[/I] slippery, ain’tcha? That tells us where we’re starting; but while we’re at it, how about some prognostication on where we’re heading?
Doesn’t matter where we’re heading as long as there’ll be profits to keep while holding the positions. I’ll be sure to signal in this thread when I believe it’s time to jump ship. Let see how this turns out.
What do you think will happen with the 3 pairs Andrewunknown?
Looks like I’m wrong and you were right Yarcofin. Congrats
Game over for me.
Up 12% in 3 days… I had already called it quits for the week this morning as soon as I woke up and logged in… I’ll just take it easy for today and Friday. haha.
Although to be fair, most of the trades have since turned around and you would be in the money now in at least 2 of the 3 I believe.
Don’t give up!
[I]It’s the economy, stupid.[/I]