EURUSD

i dont want to sound like a broken record but....





this bull knows his rallies when he sees them...

I've got my sell limit at 1.3537(60 pip SL&TP) so we'll if it's game over or not.

Looks good, I agree

Hmm...going down a bit, might retest 1.3460 or stay at 1.3480 and up then.

pair return to 1.3440/60, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval.

For short-term buying positions on condition of formation of topping signals the targets will be 1.3500/20, 1.3560/80, 1.3600/20 and/or further breakout variant up to 1.3660/80, 1.3720/40, 1.3800/20, 1.3860/80.

An alternative for sells will be below 1.3400 with targets 1.3340/60, 1.3280/1.3300, and 1.3220/40.

Gentlemen,

Here's a note to say thanks to you both. Someone posted something yesterday that got me thinking about Psi's use of channels and trendlines. I noted that he uses them, and appears to make money with them, even on a short-term basis. Well, I've traded Acumen's fibs and psychs for the past several weeks, but adding Psi's channels, even more frequently than I had before, clears up the picture for me. Kind of puts a framework around recent action and helps me to see future possibilities.

I am proud to say that I also made a move to trading on the M30 timeframe in the past few days. Even less noise than Acumen's M15. Posting my working chart for validation and in hopes that some noob might be helped also. The green price label is a 38.2 up and the red is a 38.2 down.

Hope I'm hitting my stride. I really want to make a living at this. Thanks for all your posts and teaching guys.

Edit: Ignore the 1.3458 green label. That was close of a trade. Sorry to say that my green 1.3507 and red 1.3464, both 38.2s by my calcs, did not show.

turned out to go south :S
*well its not over yet

Yes, looks like there is sell off GBP/USD and that drags EUR down as well, if am not badly mistaken.
Just waiting the bottom if there is one ...

Is there a bottom? where is it?

Im thinking the LTL with the white arrow is a good entry to go long (if we're heading north) however, another TL from 3345 low is holding the current bear move(on the other chart).. price before has also failed to breach MAs res before going down(on the other chart as well)

becarefull Joe, theres MA 34 as nearest resistance now, IMHO I like MA 34 as entries.. good support/resistance GL

playing safe, close 1/2 for 19 pips and 2nd 1/2 set at be+1. free ride till upper trend line

good strategy you have

keep taking from your broker even it's only $1. don't turn winner into a loser. happen to me a lot.

tempted to go long as well

be safe bro, set tp 10-15 pips. once it's reach. set another buy order at the TL with the same TP. tight stop loss

will deffo do bro seems MA 34 H1 holds the bull, I have short from there tho, I'll readd long later on other support

edit : I like psych level as entries for scalping purpose too hehe

it's broke, -6 pis. targetting lower BB for long order

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