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Price Action and Trading Discussion

short on eurcad off the Pullback.. looking to see if it breaks the LL 4900 sup area..
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Passion, Persist, Patience, Protect
Quoting DarkWolF
{quote} Indeed, lets see what this week has in store for us

I hope it just don't keep running straight.. that be even too scary to play counter, lol
Passion, Persist, Patience, Protect
short on audcad off recent resistant multi touches.. a month long range on this pair which has been bouncing nicely side to side.. let's if it bounce south one more time for daddy.. lol
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Passion, Persist, Patience, Protect
Well nothing too eventful for me to start the week. A pretty quiet session with nothing really on the radar.

Still have EURNZD daily short position open.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
Euro's turning. It's already turned against JPY which is the weakest today. The others will follow the same way .
Quoting FXEmpire
short on audcad off recent resistant multi touches.. a month long range on this pair which has been bouncing nicely side to side.. let's if it bounce south one more time for daddy.. lol {image}
Looks good to go down!
EUR/CHF breaked out today so i'm going long on it targeting at first 1,2250.
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Quoting BogiFX
EUR/CHF breaked out today so i'm going long on it targeting at first 1,2250. {image}
Hi Bogi,

It is making higher lows and holding in line with the trend line. I hope it works out for you.

Be cautious of the current range.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
EURUSD Daily:

Still holding in the wedge. Some rather clear support and resistance areas evident. The 1.400 RN are has proven to be a significant area holding price and pushing it back into the longer term range.

So will today be the day that price makes a break. If so, there are some near term and slightly longer term support areas evident. The longer term range could push price back down to the 1.3500 is area if the wedge can break bearish and hold.
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Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
Quoting DarkWolF
EURUSD Daily: Still holding in the wedge. Some rather clear support and resistance areas evident. The 1.400 RN are has proven to be a significant area holding price and pushing it back into the longer term range. So will today be the day that price makes a break. If so, there are some near term and slightly longer term support areas evident. The longer term range could push price back down to the 1.3500 is area if the wedge can break bearish and hold. {image}
Looking down to the 4hr do you think we may have a flip of Support to Resistance? http://screencast.com/t/xKvCnzwpkoH8
Interesting Futures Observations

http://screencast.com/t/YrKFDrEV9iB
Quoting FXEmpire
short on eurcad off the Pullback.. looking to see if it breaks the LL 4900 sup area.. {image}
Cadchf short
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Quoting jen101
{quote} Cadchf short {image}

It's about to take out my stop.. happy now.. you foxy fox!!.. lol
Passion, Persist, Patience, Protect
Quoting DarkWolF
{quote} Hi Bogi, It is making higher lows and holding in line with the trend line. I hope it works out for you. Be cautious of the current range.
I'm keeping an eye on this trade.
just took a short position on gu.. it may be good enough setup to test the recent low 6800.. will see
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Passion, Persist, Patience, Protect
Hi guys, see possible Buy opportunity in CHFJPY - Daily
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Quoting Jakson
Hi guys, see possible Buy opportunity in CHFJPY - Daily {image}

I am eying that area as well.. for me it will depend on how it approaches it bcz of the last strong swing down could be more selling support in the tank.
Passion, Persist, Patience, Protect
short on usdcad.. off of a very mediocre resistant.. it's more likely to lose out on this one,
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Passion, Persist, Patience, Protect
A good day to stay out of the market!
Quoting psaTrading
A good day to stay out of the market!

a man of few words.. very profound, yep.
Passion, Persist, Patience, Protect
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