Maybe to 1.13000 tops
yes yes yes
Trading EURUSD only 43,756 replies
Eurusd-5m Trading Only 110 replies
LIVE Trades Only : EURUSD & GBPUSD 123 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Script to change EA to long only/ short only at a price level? 1 reply
Disliked{quote} Those dojis, undecisive. What that means usually it goes the opposite way, in this case most likely going up.Ignored
Dislikedso this post is for Galactico but also anyone else who has trouble with the EA 'mauro trailing' that i posted a few days back.... please see the picture enclosed. Mauro should be in your EA folder. Double click to place it on your chart. You should see the EA in top right corner. If the face is happy, then its working, if sad then its not working yet.... See the first red circle.... Open the EA and go to tab "common" ..make sure the option 'allow live trading' is on. See 2nd red circle in picture. Last but not least: auto trading at the top of the...Ignored
Disliked{quote} Thanks in the name of all members. Looking at spot price on Reuters, it seems like EURUSD might open a little higher. I am anticipating a bounce up for a while targeting 1.1400 area. I have a support level nearest at 1.1320 area and first thing I will check for is if that level rejects or not once/if bears retest it. Stay GreenIgnored
Disliked{quote} I don't like gap up/downs, unless it is very strong. Most of the time, gap up/downs just screw with the traders and then correct itself..my two cents anyway.Ignored
DislikedThis close is bullish, but nonetheless, I will want to wait for confirmation on all time frames...good weekend to all.Ignored
Disliked{quote} Why is the close bullish? the only bullish reason i see is that we have a green weekly candle close, i cant see anything beyond that thats bullish... bulls have failed to follow through on the move from high 12s... now i see indecision with 3 daily dojis and a rejection of every attempt at 1370 and the dojis getting slightly lower each time - if anything i see indecision but with the bears having slightly more conviction... next week could see a move lower because of this, then all the US data will come into play and prices will move based...Ignored
Disliked{quote} Well you could argue that its forming a bullish flag and price is holding in the confined range of 1.1315-1.1370 P.S the dxy looks like it will drop further after the rejection of the H&S neckline on friday. (which is way more clearer than the eurusd chart) {image} {image}Ignored
Disliked{quote} I agree the DXY is under pressure and im also watching the descending resistance line keeping a lid on it. However i dont think we should confuse broad based USD weakness (dxy) with EUR strength... The EUR is also under pressure against all other majors - looks like even more pressure than DXY and hence EU has closed lower 3 days in a row. The lack of price trend on EU last 3 days is EUR and USD are both getting sold off in all markets... All things considered between both of them - USD still has a stronger fundamental basis to it and this...Ignored
Disliked{quote} Why is the close bullish? the only bullish reason i see is that we have a green weekly candle close, i cant see anything beyond that thats bullish... bulls have failed to follow through on the move from high 12s... now i see indecision with 3 daily dojis and a rejection of every attempt at 1370 and the dojis getting slightly lower each time - if anything i see indecision but with the bears having slightly more conviction... next week could see a move lower because of this, then all the US data will come into play and prices will move based...Ignored
Disliked{quote} I agree the DXY is under pressure and im also watching the descending resistance line keeping a lid on it. However i dont think we should confuse broad based USD weakness (dxy) with EUR strength...Ignored
Disliked{quote} Similar sentiments. I would want to short around 1.1340/1.1350 if price gets there during Asian/London session and if price closes bearish on the day then it reaffirms my short bias for the week.Ignored
DislikedThe German/US 2 year bond yield spread has narrowed the last few weeks suggesting EUR/USD will rise. Fundamentally there are problems/uncertainties with both economies but the US is in a stronger position and general expectation will remain so this year.Is it because with risk of recession the USD rate differential can fall further than EUR which is essentially 0. How much weight do you give bond yields in predicting fx direction. Should you use it only as a rough guide ?Or just because the USD 2 yr yield is falling narrowing the spread dosent mean...Ignored