DislikedMy guess is, the pair would reach 3131 which is 50% of the fib (do refer the chart)Ignored
I observe your reality but live my own.
EurAnalysis Kindergarten 24 replies
DislikedMy guess is, the pair would reach 3131 which is 50% of the fib (do refer the chart)Ignored
DislikedI'm of the same thinking as well FX Tsunami but not for the 50% FIB reason. If you look at your chart, 3131 also happends to be the top channel of your 4 hour down trend and the last time it hit that, there was a bounce from there. So I think both reasons are goodIgnored
DislikedShorted twice on this swing....4:53am entry - exit 4:55am = +5, entry 5:00am - exit 5:06 am = +5....Now since I have all day to make one trade ill wait until the bears take a rest and jump in.Ignored
DislikedDaily pivot hit, closed position as it stopped dead on it and now retracing a little. I'll wait for the next direction now. Let's see if DM4 will stop its climb up. If it does, I might take another short.
Again, watch the dollar index. 79.200 is resistance. It hit that just when Euro made 1.3220 and is not pulling back (dollar index that is).Ignored
DislikedMy dollar Index trendlines must be the same as yours, from what I see the hourly falling trendline was held and candle failed to close above it.
Looking at euro we haven't quite hit the rising trendline but I think its a safe trade to take a long with 1.3320 in sight during the NY session.Ignored
DislikedYup, I have a similar chart as yours RodMca. You can clearly see the support line at 78.900 and the resistance at 79.200
For us to get to 1.3320 we'd have to fail 78.900 by a long shot. I just don't see that right now, but know knows... The day is early.Ignored
DislikedPrice held well at 1.3215, my rising trendline I'm in at 1.3220 sl at 1.3180.
First TP at 1.3280 will probably take 50% there and let the rest ride to 1.3315 with sl on that at BE.
I have confidence in this trade, but then again everyone has confidence in their system.Ignored
DislikedPrice held well at 1.3215, my rising trendline I'm in at 1.3220 sl at 1.3180.
First TP at 1.3280 will probably take 50% there and let the rest ride to 1.3315 with sl on that at BE.
I have confidence in this trade, but then again everyone has confidence in their system.Ignored
DislikedNot so sure. No rejection here yet. Might see the start of a move down to 1.25 but then again I would like to see the 50% retrace posted in my previous post first.
Waiting.Ignored
DislikedI took short at 1.3220 with target of next DM level and major support... 1.3190
ADD: Crude has broke the 104.90 resistance and has posted a confirmation candle below it.Ignored
DislikedClosed position at 1.3203 on M15 after seeing pin bar being formed.
You may get your way after all RodMca! Best of luck if you're still in.
Time for breakfast... Back in a bit.Ignored
DislikedI'd love to see 1.3436 also to sell heavy and hold,but before that I just trade intraday moves. 1.32 held pretty well not sure how long itll last I'm -5 pips now at time of writing maybe get out at BE depending on PA candle closed below my H1 trendline..
My technicals on H1 E/U and M30 s&p 500 are both well oversold so its giving me extra reason to hold my long I must admit i did get slightly worried when we firstly broke 1.32 but we immediately came back up so all hope is not lost..Ignored
DislikedWouldn't it be so much easier if we got the Greek deal at a time we would have been at 1.343Ignored