The tongue that brings healing is a tree of life, but a deceitful tongue crushes the spirit.
Proverbs 15:4 (NIV)
Thursday, August 18, 2005
Daily Bible Verse
The Good news Part 3
Because our sin has separated us from God, we have been left with a "God-shaped vacuum" or spiritual emptiness. The world's many religions are all evidence of mankind's endless struggle to fill this vacuum. And our relentless search for inner peace through pleasure seeking, power, fame, fortune, drugs, and mystical experiences all tell of our inner emptiness.
As it is impossible for us to find God or peace with Him through our own efforts, God in His love and mercy sent His own sinless Son, Jesus Christ, to save us from our predicament ( Ephesians 2:8-9).
Christ did this by dying on the cross in our place to pay the ransom price for our sins--which was death (I Timothy 2:5-6). Thus Jesus Christ is God's only provision for our sin and He is the only way back to God and eternal life ( John 14:6 and Romans 5:8).
Site stats
The site exceeded more than 5000 visitors, i hope all of you had some help from this blog. May God bless you all
Inverted hammer formation in the EUR/JPY daily candle
Inverted Hammer formation in the daily chart of the EUR/JPY pair indicating a probability of short term bearish reversal. Prices are epected to go bullish tomorrow if broken the 135.45 range.
Eur/Usd analysis for 18th August 2005
Short term bearish movement in the Eur/Usd is expected to continue if the prices broke the yesterday's low of 1.2156, set your TP tight because it is the end of the week and prices may retrace a bit before closing the weekly candle.
GBP/USD analysis for 18th August 2005
GBP/USD finally broke the 1.8000 psychological support and important one too, all the forecasts from other brokers expect the breakdown to continue to 1.7800, anyways long bearish bar is expected to follow tomorrow as well but beware of the end of the week where prices may retrace a bit.
Short term bearish movement confirmed in the cable
Wednesday, August 17, 2005
GBP/USD Analysis for tomorrow
Short term trend in the cable is bearish. Further bearish movement is expected as of tomorrow if the 1.8017 is broken.
Weekly chart of the EUR/USD
Weekly chart of the EUR/USD showing short term bearish movement, but again pay strong attention to the 1.2250 level.
Eur/Usd analysis for tomorrow
EUR/USD went the other way which I didn't expect, now further movement is expected in the bearish side. Set you sell orders at breaking the 1.2260 level, but beware of the strong support at 1.2250. so you may see reversal at 1.2250.
The Good News .....Part 2
Unfortunately, it is our wrongdoing or sin that blocks out our experiencing God's love and receiving the full and abundant life that He has for us. And let's face it, "We have all sinned and fallen short of God's standard" (Romans 3:23). Sin, of course, is not merely doing wrongful acts. It is anything that falls short of the perfection that God envisioned for us--including our damaged emotions, negative attitudes, and mixed motives.
Punishment for sin comes from the wrongdoing itself. Sin has its own self destructive consequences--first spiritual death and ultimately eternal death (Romans 6:23); that is eternal separation from God, the Author of all love and life.
EUR/USD moved exactly the opposite of what i suggested
EUR/USD moved exactly the opposite of what i suggested and It was definitely not a hammer, but my orders to buy at 1.2371 was not executed, and the same story happened with the USD/CHF.
Daily bible verse
strengthen you, yes, I will help you, I will uphold you with My righteous
right hand. - Isaiah 41:10.
About the Bible verses in this blog
If you have a knife, you can either use it to cut an apply into pieces and so you would have your lunch or you would use it to cut a human being into pieces and you would be called a murderer.
I think the story is pretty much the same for the forex, you may be called a gambler if you just entered with all the money you have and with no analysis trying to pick 200 pips in one day. but with decent money management and with good risk reward ratio then you are not different from anyone opening a supermarket and trying to sell and buy some tomatoes to earn his living.
I think the story is pretty much the same for the forex, you may be called a gambler if you just entered with all the money you have and with no analysis trying to pick 200 pips in one day. but with decent money management and with good risk reward ratio then you are not different from anyone opening a supermarket and trying to sell and buy some tomatoes to earn his living.
SO I DON'T THINK THAT POSTING SOME BIBLE VERSES HERE WOULD BE A MISTAKE SIMPLY BECAUSE I DON'T THINK TRADING IN THE FOREX IS A MISTAKE.
For all the people who insulted me in emails and who insulted me in the comments here, I would tell them that I will complete posting in this blog bible verses, and if anyone thinks it is blasphemous then please don't visit the blog.
Thanks as well for all those who comments about my forex analysis.
May Jesus bless you all.
Orders were not executed and my analysis yesterday was wrong.
Tuesday, August 16, 2005
shooting star in the USD/CHF daily chart
Typical shooting star in the USD/CHF daily chart indicating a bearish day may follow.
Hammer formation in the EUR/USD daily chart.
A long bearish candle transformed to a long hammer, indicating the probability that tomorrow will be a Euro bulls day. Buy order triggered on prices breaking 1.2371 for +10 pips to +50 pips or according to your exit strategy. Please note that I always close my oredrs after a minimal amount of pips regardless which pattern I see in the candlestick charts.
I am using metatrader 4 platform because I get a lot of questions in this issue, I am on +2 GMT time frame which is the default time frame in the Metatrader 4 application.Metatrade 4 can be downloaded for free from http://www.metaquotes.net/.
The Good News Part 1
I walked into the religious instruction classroom in a secular school and, with tongue-in-cheek, wrote in large letters across the blackboard "I hate religion."
"Man, in this class, you'll get shot," gasped one student in amazement.
"But I'm sold on real Christianity," I responded.
"What's the difference?" half the class chorused.
God's Purpose
"Man, in this class, you'll get shot," gasped one student in amazement.
"But I'm sold on real Christianity," I responded.
"What's the difference?" half the class chorused.
God's Purpose
The point is one can be religious without necessarily being Christian. Let me explain. True, Christianity is a religion, but it's much more than that. It's also much more than believing a creed. It's a relationship with God and people. It's knowing God personally, experiencing His divine love and forgiveness, and communicating this to every life we touch.
We start by realizing that no matter what we have ever done or have failed to do, God loves us and is vitally interested in our total life--both for this life as well as the next. In fact, Jesus said, "For God so loved the world that He gave His one and only Son, that whoever believes in Him shall not perish but have eternal life" (John 3:16). And again, "I came that they may have life, and have it to the full" (John 10:10).
To be continued.
Comments are always welcomed
Hi all, I would really love to see your comments and analysis and ideas on my posts so please just click on the comment link and share your analysis. I always try to reply every comment.
Good luck to you all and May Jesus bless.
Shaven head in the GBP/USD daily chart confirmed
Bear candle as suggested in the previous post confirming the bearish short term pattern in the cable.
Tweezer top formation in the EUR/USD weekly chart
Tweezer top formation in the EUR/USD weekly chart, This will trigger a sell signal on breaking 1.2314 level.
Daily Bible Verse
Matthew 5:13 (NIV)
Monday, August 15, 2005
British Pound/US Dollar From SaxoBank.com
GBPUSD (1.8095 @ 22:53 GMT)
Cable should continue to consolidate from the recent highs early this week and we look for a short term target of 1.8010, with a break of 1.8175 minimally required to change the current downside bias and will likely give scope to a test of 1.8240 50% retracement 1.9220-1.7260. Support/Resistance 1.7860/1.8010/1.8072. - 1.8150/1.8175/1.8240.
Shaven head in the GBP/USD daily chart
Shaven Head
Pattern :- A candlestick with no upper wick.
Interpretation:- A bullish pattern during a downtrend and a bearish pattern during an uptrend.
Daily Bible Verse
James 1:5 (NIV)
Daily Quote
Elbert Hubbard
Inverted hammer in the USD/CHF confirmed
Hanging man confirmed in the EUR/USD chart
It was a hanging man , and a long bear candle met today's trading for the EUR/USD pair.
Subscribe to:
Posts (Atom)
