Recent content by davidinuk

Thanks so much 4 ur response. Indeed to all of you!!! shadowninja: Indeed, that's exactly what happened. It fell down to 14467, found support at the trendline and went up again. I should have set a limit order at the trendlline, but was greedy and relied on a trailing stop instead, in the vain...

Thanks to all of you 4 your advice. Incidently, it did finally work out although it is now stuck at the bottom of the tramline (which I had not noticed before) , looking like it's going to bounce off it. http://chart.ly/jlnnr9n

http://chart.ly/r2qq8kv I am thinking that this is a good setup for a short. As a newbie, I'd be extremely grateful if there were any members who would be so kind as to confirm whether they think I am correct, and if yes, why, or vice versa!! Thanks a million!

Hi All, A newbie question if I may. Following China's statement on Saturday that they are going to support the Euro, am I correct that this will strengthen the Euro when the markets re-open tonight?

I would have throught that the chance of the Euro going down the pan would make it worse against the USD any day, but it seems those in the know think otherwise. Which currencies vs Euro are on a strong trend following the Euros woes?

Hi All, I'm new to this forex thing and would extremly grateful for a little advice! I don't get how the EUR/USD can be going up if people are frightened about the future of the Euro! I'd be most grateful if somebody an explain this to me, or have I got it completly wrong?!