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Dingoman-two Jan 31, 2018 2:43pm | Post# 11041

{quote} Good Now 1.2400.... Support 2350-70. Next S. way below. Possibly 1.22. Target 2465 for now. I'm not selling, looking to buy. Maybe tomorrow...

To early to call for me 1.2400 area may hold ??????

digger1 Jan 31, 2018 2:44pm | Post# 11042

{quote} Initially perhaps but there are those of us darksiders who’ve been patiently building a book targeting lower than that
Ah but thats what makes the mkt work ,,,,,,you got to have both sides .

Dingoman-two Jan 31, 2018 2:46pm | Post# 11043

{quote} To early to call for me 1.2400 area may hold ??????


OOPS SPOKE TOO SOON

digger1 Jan 31, 2018 2:48pm | Post# 11044

{quote} OOPS SPOKE TOO SOON
2388 gives out probably good to 2339 but not a done deal yet

Ata-Turkoglu Jan 31, 2018 2:51pm | Post# 11045

Marking 1.2393 as potential support on H1... as long as no H1 candle closes below it no selling...

Stay Green

digger1 Jan 31, 2018 2:52pm | Post# 11046

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{quote} OOPS SPOKE TOO SOON
Remember that 1st 6 hours of trading that seems like forever ago now ,,,,,,lol
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kikoeno Jan 31, 2018 3:02pm | Post# 11047

rejection of 1.237Xx level, maybe goe up again. 1.243X is the key!!

Stillearnin Jan 31, 2018 3:19pm | Post# 11048

Daily still shows no signs of weakness, sellers being tricky but nothing changed imo, bulls still in control. With 1.2450 being taken out today, my mind is made up.

kikoeno Jan 31, 2018 3:30pm | Post# 11049

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Leesi Jan 31, 2018 3:31pm | Post# 11050

Daily still shows no signs of weakness, sellers being tricky but nothing changed imo, bulls still in control. With 1.2450 being taken out today, my mind is made up.
Up or down?

denisius Jan 31, 2018 3:35pm | Post# 11051

{quote} Good Now 1.2400.... Support 2350-70. Next S. way below. Possibly 1.22. Target 2465 for now. I'm not selling, looking to buy. Maybe tomorrow...
Good one. If it gets there it will be HnS on hour. But I can feel 3-4 hundred pips correction. Holding my short from 2340. It not over yet.,

digger1 Jan 31, 2018 3:41pm | Post# 11052

Daily still shows no signs of weakness, sellers being tricky but nothing changed imo, bulls still in control. With 1.2450 being taken out today, my mind is made up.
Mkt waited around for the fed ,,,,,there is signs of weakness now ,, got a couple trending days left in the week ,,,today at rollover new month starts ,,,,,,,,look at your monthly candle and see where the next opens ,,,,,,,,,correction could be in early stage atm time will tell,,but cracks showing

Stillearnin Jan 31, 2018 3:45pm | Post# 11053

{quote} Up or down?
Still up my guess. I'm long from 1.2210 stop 50 pips. I am prolly going to look for buys all the way to 1.227, using stops of course. Direction is still up for me.

Neil0163 Jan 31, 2018 3:48pm | Post# 11054

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Out look for today, Nice symmetrical triangle forming for the long term view with breakout targets to around 1.26 level in a overall view. For time being we got 78.6 causing 2 rejections from that area coming in at 1.2467 I think we will see a retracment down to 1.2362 level ideally this would then give me more confidence in that symmetrical triangle that is forming. {image}
Slow day today,
But look at that, retracment as i said this morning didnt quite reach intended target however i still think this move will go further down and touch previously stated targets around 1.234 level or maybe 1.236 level touching that symmetrical triangle a break of this trendline would then invalidate my symmetrical triangle.
Consolodation building under that 38.2 coming in at 1.241 and now showing strong rejection as i type this.

Asia should hopefully bring price to that trendline followed by london pushing back up.
Analysis to continue tommorow london.
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Stillearnin Jan 31, 2018 3:49pm | Post# 11055

{quote} Mkt waited around for the fed ,,,,,there is signs of weakness now ,, got a couple trending days left in the week ,,,today at rollover new month starts ,,,,,,,,look at your monthly candle and see where the next opens ,,,,,,,,,correction could be in early stage atm time will tell,,but cracks showing
Maybe you are right but you know the saying about placing a chart in front of 5 traders...5 different opinions.

digger1 Jan 31, 2018 3:51pm | Post# 11056

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That does not look overly strong now ,,,,,cracks showing that could turn into a ravine lol,,,, time will tell. Hit the top of long trend channel ,,has fallen out of the steep trend channel each poke up there is getting pushed back ,, whether its profit taking or selling it will soon show Click to Enlarge

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digger1 Jan 31, 2018 3:59pm | Post# 11057

{quote} Maybe you are right but you know the saying about placing a chart in front of 5 traders...5 different opinions.
Lol, i hear ya ,,,,,,,,,,,,5x90% = 4.5 ,,,,,,,,,,,,I want to be with the .5 ,, because I know my opinion dont count so trade on we must lol

Ata-Turkoglu Jan 31, 2018 4:16pm | Post# 11058

1.2428/35 zone looks good for sell.. low vola but still 15 pips possible..

Stay Green

Ata-Turkoglu Jan 31, 2018 5:46pm | Post# 11059

Daily Outlook and Sweetspots for Wednesday Price seems to be headed to 1.2506 (next nearest resistance level) and if it can touch that level we can expect more highs, I will keep bullish bias if today's daily candle can close above 1.2406 (although it looks like it will we can't be sure so we have to watch)... but also notice that the distance between the two targets is exactly 100 pips.. a classic value for the EURUSD pair Nearest intraday support for now is 1.2428 area (based on closing price of last Friday candle.. currently highest close...
In my earlier post I mentioned that Wednesday candle might close above 1.2406 but we couldn't be sure and that we should watch... and although price was way higher at the moment where I posted, later in the evening session price came all the way back and formed a shooting star type of candle.

The importance level here is 1.2406... price is still above.. meaning: bears must watch once they sell again if price stalls at that level or not. While expecting surely that price will drop it can do the opposite and climb all the way back up again and even making new higher highs..

Just saying: Careful around 1.2406... either wait until price goes below or close your sell trades whenever you sell from higher levels.. my half cents..

Stay Green

Jones_PL Jan 31, 2018 6:16pm | Post# 11060

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EURUSD H4
UP
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