I still believe it will go down
not sure where put short@ SL?
What the point we can say it long
1.5470??
not sure where put short@ SL?
What the point we can say it long
1.5470??
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DislikedHi all. I don't post a lot but wanted to put this up as I have been seeing something with this pair. I believe that the $ rally is over for the time being. The U/J broke below a major trend channel over yesterday is continuing downward. The E/U, as shown on the chart, popped below the .382 fib retraction level and then came up above yesterday and has basing there, creating a nice bull flag/pennant. The MACD is showing a very nice bullish divergence as price is right at the .382 level also which make me believe we will make a run at and break through the upper TL channel. Next week could see a lot more upside. Happy trading.Ignored
DislikedWould like to know what you see in the chart that makes you feel sure that the pair is still headed down? It seems to have found support and climbing now.Ignored
DislikedGuys, beware about shorts!
The Monster is still alive!
1.56 is the next stop.Ignored
Disliked[ but if you wanna try to make sense by comparing pair charts this seems to me to make more sense for now.Ignored
DislikedBut with oil now being projected too clip $130, I think the E/U will come back ito correlation with the oil trade and could be the driver next week.Ignored
DislikedI have no idea about oil projections, but just looking at the daily chart of oil with these 3 peaks more or less aligned and with the last very bullish move looks like it's gonna retrace now rather than reach higher, plus for the last week oil rose a lot and EU still kept making lower lows..Ignored
DislikedI have no idea about oil projections, but just looking at the daily chart of oil with these 3 peaks more or less aligned and with the last very bullish move looks like it's gonna retrace now rather than reach higher, plus for the last week oil rose a lot and EU still kept making lower lows..Ignored
Dislikedplus for the last week oil rose a lot and EU still kept making lower lows..Ignored
DislikedHow tight is your trail, anyway? I see a possible temporary correction to 1.5425, from which point it could go back up to 1.5550 which looks like it's where the two week upper trendline lies.Ignored
DislikedI have just started reading this thread.
A good modification is that:
1. the best thing to do is to follow the rules.
2. rules exist to be broken BUT
3 rules shall not be broken WHILE you are in the trade
.Ignored
Dislikedis there a site that lets you see price over the weekend? I left a trade open. I was long from 5440 and at close i was up 40 pips. Usually i try not to scalp on fridays but my charts said up. I moved my sl to even. So my question is if we have a gap and it goes down past my sl does that mean im losing more than my sl?Ignored
Dislikedis there a site that lets you see price over the weekend? I left a trade open. I was long from 5440 and at close i was up 40 pips. Usually i try not to scalp on fridays but my charts said up. I moved my sl to even. So my question is if we have a gap and it goes down past my sl does that mean im losing more than my sl?Ignored