im careful with eur/us downtrend. i want to the 2.7000 broken, then it will fall like a heavy stone, but now i see only divergences in h4 and a strong support.
Only God can judge me.
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedAUDUSD 3rd Weekly TL rejection kicking in with Daily & H4 divergences being play out here.. plus USDJPY stalling in-front of the L/T TL..
the short & wrong crowd are starting to capitulate & some may had flipped over to the long camp carrying underwater positions..
Attachment
AttachmentIgnored
DislikedIMHO weak shorts had capitulated & some may had flipped to long up @the 1.3's & underwater..
Friday's impulsive break looks more like a long squeeze.. over the short term, we may witness a series of "rinse & flush" PA as weak longs bail on blips & others buy on dips for 1.35 to average their underwater positions as the market slides towards 1.27~1.25..
here's my take for Cable..
AttachmentIgnored
DislikedLong Term Scenario
Yes there is a small movement to the upside on the EU in the past few hours, we are still ranging down.
There was a rejection at 1.2716 support which lead to the upward retracement.
I see 1.28 being a key resistance that will take us lower. Downward channel picture below showing my trading strategy. Next resistance being 1.2815.
I have learnt over the last 2-3 years that the market moves in waves. In smaller waves and in bigger waves. Every wave is part of another wave.
Anyway, The Euro is in a downtrend, has been...Ignored
Dislikedjes of course, i think jokes with or about hitler are not good because they play down.
but in my opinion what merkel do with greece is horrible, what do you think about greece crisis?Ignored
DislikedI think that when you cry "I'm BROOOOOOOOKE, HEEEEEEEELP MEEEEEEEEE" like Greece has done, you're giving the right to the party bailing you out to run your finances.
And when it comes to finances of a nation, when you give up control of that, you're giving up your independence.
Therefore, there is no such thing as an independent Greece anymore. It's now a de facto province of Germany.
They had a choice to be poor and free or rich and under someone's thumb. They chose the worst option.
P.S.: Look at what Iceland did when it hit the fan...Ignored