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With news coming from eurozone, i think we must be careful with EUR pairs, as monday already showing huge battles.
Quoting iulianpojar
With news coming from eurozone, i think we must be careful with EUR pairs, as monday already showing huge battles.
I tend to consider EUR entries after I exhausted all my other watched currencies. EUR setups tend to require more advanced tecniques, to form more advanced (and less clear) patterns and ultimately risk leading to more losses than other pairs.

Pairs I tend to considers as hardest / riskiest:

USDCAD (too often it's choppy / unpredictable range markets).
EURUSD (often advanced setups, they give less safe and less clear entries).
Quoting wolf304
In my opinion just to be sure on who will get level (1.5470) wait close below for M & W and then wait a PA candle on D chart. So short trade till 1.5100 level. That is the minimun level never reached by the pair (or my historian is not update).

Wait for expert opinion.
Safest short entries are when (if) price price breaks below 1.51.
Since 1.51 is a potent trades target price level, price above that might lead to long, ranging setups that just put you at risk and waste your time.
Hi dfumagalli, mind sharing which pairs you usually looking at ?



Quoting dfumagalli
I tend to consider EUR entries after I exhausted all my other watched currencies. EUR setups tend to require more advanced tecniques, to form more advanced (and less clear) patterns and ultimately risk leading to more losses than other pairs.

Pairs I tend to considers as hardest / riskiest:

USDCAD (too often it's choppy / unpredictable range markets).
EURUSD (often advanced setups, they give less safe and less clear entries).
[quote=sodiska;6545642]
Quote
EURNZD, W & D trend bearish. Last week P in W NCB 1.5477 which is the bottom of W RM. If end this W P close below 1.5477, short this pair with TG at around 1.5203. What do you guys think ?
This is the beauty of trading with the trend..the W speaks clear...1.51 the next TG !..notice also how the P didn't show us a buyers information at the RM's S level !
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Nothing personal,just business.
Hi, we wait for RT at around 1.5469 in D to enter short, am I right ?


[quote=fxgroup;6550926]
Quoting sodiska
This is the beauty of trading with the trend..the W speaks clear...1.51 the next TG !..notice also how the P didn't show us a buyers information at the RM's S level !
Hello everyone. Am I right with this setups? USDCAD and NZDCAD
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[quote=Beertje;6555033]
Quote
Hello everyone. Am I right with this setups? USDCAD and NZDCAD
USDCAD- The sellers are looking for 1.0065 as new S and we have to wait for further information !
NZDCAD- I have a very important M level @ 0.8611. The P is in bullish trend in all the TF and is one day left to the M close as IB continuation....so I will wait some buyers confirmation at 0.8611 !

Quote
Hi, we wait for RT at around 1.5469 in D to enter short, am I right ?
I would not be surprised to see it at 1.5472 !
Nothing personal,just business.
USDMXN

The pair is in a very strong bearish trend and these are the levels where we will look for sellers confirmations. The W closes bellow the levels tell us that the sellers are strong enough to have the levels control.
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Nothing personal,just business.
Hi, so we wait for RT at bullish TL to enter short and 1 TG at 12.2347 ?


Quoting fxgroup
USDMXN

The pair is in a very strong bearish trend and these are the levels where we will look for sellers confirmations. The W closes bellow the levels tell us that the sellers are strong enough to have the levels control.
Quoting fxgroup
USDMXN

The pair is in a very strong bearish trend and these are the levels where we will look for sellers confirmations. The W closes bellow the levels tell us that the sellers are strong enough to have the levels control.

Which broker do you use?
I wish all of you a very very Happy Easter !
Nothing personal,just business.
Quoting fxgroup
I wish all of you a very very Happy Easter !
Same to you FXGroup.
Thanks
Jay
nearly will be have nice setup on EURPLN....wonder wich way?? up??
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The market was bullish, turned bearish, and you'are brokish!!!
[quote=FXThug;6559142]
Quote
nearly will be have nice setup on EURPLN....wonder wich way?? up??
Hi Thug....you have to many levels on your chart and this fact will have a negative effect on your trading...it doesn't let you to see the all P activity and it will bring you more confusion that you think !
The M put a DBLHC in January meanwhile on W we have the P in RM with sellers at the R, so the M+W are not yet at the same direction:
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Nothing personal,just business.
This is a trade I made after the W BEOB in RM with the P that turns back within the D RM after the 2DPB. The way I entered is a Touch Trade and is a very powerful method used in certain circumstances...a methodology that we will study it further in this thread !
1-the buyers close above the D RM
2- the sellers turn back the P within the old RM
Now the trade is free one and I'm looking for the RM's S as the TG !
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Nothing personal,just business.
Hi, from M charts, it seems to be in bullish trend. In W chart, it also shows bullish trend by stalled in the last 3 weeks, Last week it formed BUOB. Trends all pointing bullish, so I am surprise you are going short. Touch Trade, this method different from following the M trend, W trend?



Quoting fxgroup
This is a trade I made after the W BEOB in RM with the P that turns back within the D RM after the 2DPB. The way I entered is a Touch Trade and is a very powerful method used in certain circumstances...a methodology that we will study it further in this thread ! 1-the buyers close above the D RM 2- the sellers turn back the P within the old RM Now the trade is free one and I'm looking for the RM's S as the TG ! {image}
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USDCHF

M is at the R level
W in RM with BEOB at the R..these are the reasons I shorted it !

The TT is just a different way to jump in on the direction you get from reading the higher TFs !
Nothing personal,just business.
I have a long position on USDCHF, because there is a weekly support at 0.9350
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actually I understand the way why fxgroup shorted the usdchf, on the weekly chart, check the three bars before last week's bar, all three conbined the beob.

the touch trade, actually was used a few weeks ago by me on nzdusd D , the same situation like usdchf D now
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