EURUSD

high impact news are coming
lets see till Friday eu break 1.20 or 1.16

finally she broke that nasty support, now at the channel line.......

Not easy ....I need to squeeze in, making sure I get near to sell the high and buy the low, and the reward is below the risk.....cable a bit better...she showed some legs.... the index just broke above resistance....

I think it is not the fundamentals that make it run. It is more like self-fulfilling spin. Just take a look at the daily chart.
Anyway, I have a feeling that a reversal is near. Too high and too long without a step back.
I wouldn't buy in swing mode anymore.

Yeah , stopped out .
1 % loss .
Will check this thing out on thursday ....maybe tomorrow after Inventoris .

Hmm... somewhat weak USD news again. Looks like 1.1780 might be the line to watch right now. I'd expect for that to support the still LONG push up.

I'd not expect a move below that without a good catalyst for USD, if we can ever get one. haha.

she is gently sloping downwards in a tight channel flag, selling at the top presented at least 3 decent trades but the 1811 is holding toughly and prices now is squeezed in between as she want to break out one way or the other......

The hourly resilient UTL is a bit further down........ and the recent high extreme is about 30 pips away.....

looks good to me. looking to time you posted entry must be around 1.1820.
do you still have your position opened?

It is 1.18178
I secured myself already by closing half lot with profit.
Now I am totally in green area even if price starts to move against me.
Just wait until it hits stop-loss or take-profit (1/2 relation).

so make another bull setup to ht the target , nzdusd advanced , followed by audusd, then gpbusd & last eurusd , not bad . take care . fontu

Short(scalping) any rallies(1815-1835) against 1845 target 1785-1755 is good choice!
If 1845 breaks, go long target 1890 or short above 19xx!

common girl, new high, new high !!!!!!!!!

"Girl we couldn't get much higher"

May be, may be not, its not yet over let's wait and see what the market thinks.

It depends on the time frames you trade. Many here often refer to S/R levels without referring to the TF. So funny

Nice.
Sad, I got stopped out too early.

EUR/USD may retrace back to 1.1750, but it's unlikely this is the end of the move to the upside.

1.1785 should be a STRONG SUPPORT (or RESISTANCE if it eventually/now gets convincingly below) right now...

I agree though and think nothing below this until Friday. Think FRI/MONDAY should be when it has turned IMO.

My what have we here as I wake up to a beautiful Arizona sunrise? Looks like it's testing the resistance to see if it has enough umph to push it over the top. I do have a short waiting at 1.1842.

Smaller timeframes just mean less significant support/resistance. The longer a trade lingers at a support/resistance the greater the chances of it breaking through the S/R line. On the 1M and 5M chart it may crack a line within minutes or a few hours. On a daily chart it may take days or weeks. However, as you approach a S/R line on a larger timeframe the smaller S/R lines build in strength and the price starts to stall(creating the larger trendline) until it breaks through or reverses to gain strength (or news changes the circumstances and causes a larger reversal). That's why the trend is your friend. They work the same way on all timeframes.

The most important lines are smaller timeframe counter-trend lines when the price starts to stall and reverse without any recent or expected news. They inherently produce the highest probability of bouncing. Yes, you break through many of them within seconds or minutes but that's why the ones that last hours (larger timeframe trendlines) are more significant. Sometimes the price doesn't reach the larger support line but you can see it stalling on a smaller timeframe and gauge the PA.

My hands were itching so bad to jump into this sell mess, but I stopped myself. And here we go retrace from 90. Got 10 pip for a day on UJ. Now sitting still. Strategy only!