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Attachments: EURUSD
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EURUSD

Quoting BoredToLoose
Today was a 70 pip day, we can say a neutral day.

I will not predicting next Monday a nice drop, but for my trades 1.4770 it is enough.

My open trades, all shorts:
2 tiny at 1.4745 will close at 1.4770 with other trade, will be profitable.
- 1.4840 TP 1.4786
- 1.4837 this one SL at 1.4857, I already know that it will reach my SL, but for a possible bounce without see again 1.4855
- 1.4815 TP 1.4770

let's see if I am crazy to contradict this trend or maybe we will see a nice surprise

Have a nice weekend guys!

I have closed all my shorts at 1.4798.

It can drop further today, but this pair is going to retest 1.4860.

My trades for today:

Long at around 1.4786 to 1.4860 Target
Short now only at 1.4860 for tiny one and will wait for the next 3 upside legs, maybe around 1.4935

Meanwhile I will scalp for 5/10 pips in some resistance and support areas, for example next time it will touch 1.4830 I will short for a 6 pip profit.

Good luck guys!
Indeed, very interesting volume we are seeing.
This can favor Shorts!

I have opened a short trade at 1.4823. SL at BE
If shorts win and price go to 1.4780, we might see a very interesting drop to 1.4730 level today.

At this time all I can say is go for profits around 30/60 pips

15minTF Ema200 is ruling right now!
I am long right now. I am also looking for a hedge because the IFO data tomorrow.
Trainee at UBS Investment Banking
Poor U.S. Existing Home Sales Should push it to test.... 1.4861....followed by poor news in the weeks to come hello....1.50
Looking for a nice drop before 10am est. then going long... with trailing stop
Quoting BoredToLoose
If shorts win and price go to 1.4780, we might see a very interesting drop to 1.4730 level today.

At this time all I can say is go for profits around 30/60 pips

15minTF Ema200 is ruling right now!
Maybe 1.4790 it will be a nice long Entry point, next 15min, will give me the decision!
It will drop, but what will be the bottom today 1.4786, 1.4766 or even 1.4736.
Quoting BoredToLoose
Maybe 1.4790 it will be a nice long Entry point, next 15min, will give me the decision!
It will drop, but what will be the bottom today 1.4786, 1.4766 or even 1.4736.
Yeah getting long here around 1.48...

I don't think she's done marching higher yet.
Quoting acidguy
this pair will skyrocket to 1.52 and above in the next 2 weeks, prepare this week to touch water above 1.50 as usa data migth be dissapointing.
why u said eur/usd will sky rocket touching 1.5?any reasons or tchnical analysis?
..... Long now here can scalp you!


Range very tight this morning.

Very tricky trading now this pair.
I will enter at some of my RSI resistances/supports with tight SL.

Price can go either way!
Ideally I woul dlike to long about 1.4770, but a am taking tiny position now, on the event that the H4 20SMA holds and she resumes uptrend from here. If not I should be able to pick up some more...hopefully on a short term retrace, vs. a reversal that lasts to the extreme downside.

Eurozone financial ministers do not like the drastic rate moves, but a nice gradual growth in Euro vs. Dollar will be a boon for the unified countries.
Quote
NEW YORK – Goldessential.com – Feb 25 – 13.03GMT

Eur/Usd last 1.4811 at 13.03GMT

(NY SESSION FORECAST: HIGH: 1.4860 LOW 1.4760) Churning with bullish bias near term. Look for dips to be contained by 1.4785/55 area. Break risks deeper setback to 1.4710/1.4690 area. Above 1.4865 takes aim at 1.4920/70 zone.

http://www.goldessential.com/index.p...tpage&Itemid=1
Next short term trendline resistance comes in at 1.4828...

then break over 1.4840 would be darn bullish
Hi traders. I'm new here. Nice thread. I mostly trade e/u. I'm in the e/u long camp for now. I have a position trade still open at 1.4623. I bought this morning at 1.4810 and will it open with stops at b/e.

I don't want to take any shorts until I see if we can hit the wall at 1.4950 or break through to 1.5000 or higher.
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Buddy Use breakeven now if you are in profit. after 22 Min we have Housing news from USD.. so any thing could happen.. so be safe.
Limit set to 1.4889

Stop to BE...

ready for news
They are gunning for my stop.... and there is goes..to the pip.

Oh well, wait until tomorrow I guess...

Is the dollar hitting bottom? Who the hell knows what is going on.

Perhaps get in at 1.4760
the home sales is showing a good indicator for the USD, wondering how far it will go bearish,, I hope the PPI data released tomorrow will be a good indicator as wll, I dont know but is it possible testing the 1.4680 ??
Money often costs too much...
Well, price reach 1.4844, so 1.4764 would be a nice entry, or not.

This time I opened a position before news at 1.4830, it was very risky, but I assumed 30 pips SL, the 1.4860 will be a tough one to break and in my opinion it wasn't today the day for that!
It was intuition and worked! But my palpations worked fast!

TP for this one 1.4770, depends how fast it breaks 1.4780, I will give a more generous TP.

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