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E/U already around its support area, breaking this area will lead us to 1.4700 or 1.4550


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Quoting FXAdvice
E/U fallen like rocket...
Nice call .....
Thanks so much FXadvice. I have been following your thread for a while and I have learned a lot from your calls since i am a fan of S & R trades1
Life is a school for the soul
1 hour

6295 approx, its the same as previous low on extreme left labeled C
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euro still try to break its support and cable try to break prev. day low ( beware about cable news )
Hi FXAdvice,

It was a nice call on the E/U. Unfortunately, I wasn't able to enter it yesterday as I was on the road.

However, I have entered now E/U with target 1.47.

Thank you!
Should we also try for a short on cable? If yes, what do you think is a good target price?

Thanx.
Quoting geula4
Should we also try for a short on cable? If yes, what do you think is a good target price?

Thanx.
cable has news for the next hour , so i prefer to stay away...
It was a long wait

Moved my SL to my entry point for break even, in case market starts to jump up suddenly
Hope E/U will continue down, and we are just witnessing a short-term retrace before continuing down movement.
I decided to exit and take some profit at 1.4756.
Looking for long on G/U around 1.6250...
a minor support formed on 1.6275
Quoting FXAdvice
a minor support formed on 1.6275
yeah but the long here is not trustworthy
Hi FXAdvice,

Do you recommend that I enter this trade now at around 1.629, or wait for a possible pullback to 1.6275?

Thank you!
Quoting geula4
Hi FXAdvice,

Do you recommend that I enter this trade now at around 1.629, or wait for a possible pullback to 1.6275?

Thank you!
for long lower area is more reliable
I'll try to enter at 1.6275
Quoting forexlion
yeah but the long here is not trustworthy
nothing on market is 100% trustworthy
Quoting FXAdvice
nothing on market is 100% trustworthy
because on 30 min wave 5 has not completed there is still room to drop
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