Comments for Forex News and Commentary by FXDD

Comment on EURUSD tests 200 hour MA. Look for support against level by kenny

kenny — Mon, 06 Feb 2012 17:08:49 +0000

Horizontal red dotted line

Comment on EURUSD tests 200 hour MA. Look for support against level by Greg Michalowski

Greg Michalowski — Mon, 06 Feb 2012 13:56:47 +0000

Are you talking about the line going horizontal or the line slanting to the upside on the chart.

Comment on EURUSD tests 200 hour MA. Look for support against level by kenny

kenny — Mon, 06 Feb 2012 13:52:42 +0000

” I will simply draw hortizonal lines where there are levels that the market tends to lean against either as support or resistance in the pas”
Could you please clear me on that with example. I mean where I can get the line from. Is it from daily high or what? I need for 15min chart

Comment on EURUSD tests 200 hour MA. Look for support against level by Greg Michalowski

Greg Michalowski — Mon, 06 Feb 2012 13:23:57 +0000

Thanks…I am glad you like the book. Regarding the horizontal “remembered line” (dotted/dashed line), I will simply draw hortizonal lines where there are levels that the market tends to lean against either as support or resistance in the past. These areas tend to continue to be levels where the market does not spend a lot of time near. In other words the market tends to move away from them. You can use them on other charts as well.

Comment on EURUSD tests 200 hour MA. Look for support against level by kenny

kenny — Sat, 04 Feb 2012 16:54:49 +0000

Thanks very much Greg. I just bought your book “Attacking currency trends”.
I have learnt a lot from it. I would like to ask where this doted red line came from? Its very good S/R line. Can the line be plotted on 5min chart and 1hr chat with the same number?

Comment on EURUSD short position falls 8% on the week: CFTC Commitment of Traders report by Mohammed

Mohammed — Sat, 04 Feb 2012 06:45:11 +0000

Dear Greg
am always folowing you trading set up.
but the thinks is that am always using 70 pips for the SL.
is that ok, my equity is $1200, using 2% of it.

am always in this range gining some and then comong back to this equity again?!!!.
why I don’t know..

am part time trader.

Regards
Mohammed

Comment on EURAUD continues its fall to new lows by Greg Michalowski

Greg Michalowski — Fri, 03 Feb 2012 19:40:24 +0000

My pleasure. It is not a currency pair I tend to follow. I should…

Comment on EURAUD continues its fall to new lows by Carmen

Carmen — Fri, 03 Feb 2012 18:37:32 +0000

Dear Greg:
I deeply appreciated your information and your quick response.
Carmen

Comment on EURUSD moves back above the weeks midpoint and buyers follow by Greg Michalowski

Greg Michalowski — Fri, 03 Feb 2012 18:06:59 +0000

Nothing yet suggests that the bottom is in place. Will post a chart on the blog.

Comment on EURUSD moves back above the weeks midpoint and buyers follow by Carmen

Carmen — Fri, 03 Feb 2012 17:49:24 +0000

Greg:
How do you think EUR/AUD? Do you think this level (1.2150) be bottom?
Thanks
Carmen

Comment on EURUSD tests 200 hour MA. Look for support against level by Greg Michalowski

Greg Michalowski — Wed, 01 Feb 2012 14:50:53 +0000

Thank Muhamad. I want you all to learn so you can stand on your feet and love forex trading (not always love the market!)

Comment on EURUSD tests 200 hour MA. Look for support against level by Muhamad Khalil

Muhamad Khalil — Tue, 31 Jan 2012 22:47:48 +0000

Greg, you are brilliant… i have to say it is hard to only fall in ”like” with Forex as you say, when there are sincere people like you out there benefiting the rest with their knowledge of Forex. I am a newbie at this, and actually very comfortable with the 3 tools you use.

All the best and thank you.

Muhamad Khalil

Comment on EURUSD moves lower. GBPUSD finds its support target. by Greg Michalowski

Greg Michalowski — Mon, 30 Jan 2012 15:07:11 +0000

Good to hear from you and I will slow dowwwnnnnnn

Comment on EURUSD moves lower. GBPUSD finds its support target. by Mohammed

Mohammed — Mon, 30 Jan 2012 14:01:45 +0000

Thank you Greg Michalowski for the commentary it is helpful and when I have a chance I jump and look for your comentary.,
even though you were not here for quite some time.
inthe Start I was saying what this guy talking about and you were fast for me , but now wanderful just happy to hear you when you talk, and follow you.

Comment on REBROADCAST: Forex Traders Course Lesson 12 w/ Greg Michalowski by Greg Michalowski

Greg Michalowski — Fri, 27 Jan 2012 13:40:24 +0000

Tony and all,

CLick on the link in the post. You will need to register to view (sorry but that is the way it is).
If you have any problems, send me an email at greg@fxdd.com.

Greg