EURUSD

Well guys I am done for now(with 43 pips on my side in 1 and a half hours) until that "trade balance" report comes out! I LOVE THIS!!!

Well done!
That was a nice move, and it's good you're enjoying it as well.

Thank you! Is all about confidence and positive attitude! Good luck buddy!

this uptrend of EUR/USD might be a pullback after breaking the resistance line ( 1.33) and now this line would take the role of support line


http://i44.tinypic.com/33bha84.png

EUR/USD's fall is still in progress and break of 1.3313 indicates that whole decline from 1.4719 has resumed. At this point, intraday bias remains on the downside as long as 1.3444 minor resistance holds. As discussed before, consolidation from 1.2329 has possibly completed at 1.4719 already. Further decline should be seen to 1.2549 support first then retest 1.2329 low. On the upside, above 1.3444 will turn intraday outlook neutral first. But break of 1.3796 resistance is needed to indicate that fall from 1.4719 has completed. Otherwise, short term outlook remains bearish.

SHORT EURUSD - TP 1.2549 SL 1.3313

an opening bar under the middle Bollinger band on the 15m chart confirms to me continuation of down trend. Also keepin close eye on usdchf for any reversals.

EURUSD is still in down trend channel.
Looking for some longs only when it will go to 1,3340 area.

In 12 minutes.

Lower lows and lower highs. It looks like the pullback is stalling and may continue to hover around the S1 for a while. Stops amended to guarantee some nice pippage from that downside move. Difficult to call at the moment on the shorter timeframes, especially with the news in half an hour.

Its interesting to note that the pullback stalled at exactly yesterdays low (to the pip). That magic area again for today!!!! Good support becomes good resistance???

Good luck to all.

Thanks

Dazzer

if this break below 200SMA on weekly holds and continues into next week. This might about to tumble in a big way.

I don't know anymore, this is uncharted waters. I will not trade but I will watch. Learning is cheaper that way

seems to make the same comments over and over. The U.s needs more action and less comments.

I agree. Stops very tight now, almost choking the damn thing. Have guaranteed 9 pips which is annoying when I could've got 30+ had I not been greedy and stuck to the plan. However price does seem to be dropping again...

WOW

Hehe nice one, I'm already +150 pips today and 1 short still rolling from 1.3311!

Hehehehe Well done Stunt!!!

daily resistance 1 is set at 1227 on my charts. True this is a eu thread, but looking at the resistance that usdchf has had at the point gets me to wonder how the eu will react on it's downtrend.

That's if we visit that point again.

Surprisingly good numbers.

Looks to be much better than expected.

If you are making money in this...kudos to you!

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