EURUSD

Nice Charts could you share the indicators with us? Plz post them on this thread so we could download them.

True as I saw on the previous day James16 pinochio nose or Alexander Elder Kangaroo tail. All signs of bullish.

Good morning all.

I see the entries I made last night at 1.289 have already paid off, despite entering when the spread was 10 pips. Glad I went huge with those. Will be letting these ride for a bit and see how things develop from here.

there are tonnes on my chart which one?

Btw quite contradicting with the indicators telling me one way but price on the dailies telling me another. So I also not sure. I'm in it for the now.

.... is probably the area where it will make it's mind up to carry on up, or go down, I favour a down, and have already taken 2 lots out of my long which I entered at1.2907.

hmm.. wating conformation..like shooting star, or any kind of..
neutral for a moment..

myself still bias price is going to north as targeted by Derek before
it's a matter of time, slow or fast

2992 2943 have been strong past s/r... i did some looking back on this pair since last years drop.. each time we go down we do retrace most of the time 62% we have over shot roughly up to 75 pips sometimes.. at this particuliar time using the last high around feb 23 to the next low around march forth... and the 62 % foumula... the retrace should be around 2786... if you include an over shot of 75 pips thats 2886... so from this i think were are past our recent patterns.. so 2992 is not unforeseen.. and if it does not shoot beyond.. if it retraces after at 32%.. from 1.2943 then .2786 if it goes to 2992 then 2820 is 32% retrace..beyond 3035 area bears may consider hybernation after retrace..imfuo

G'day everyone,

Just wanted to post my to trades on Friday after recovery from illnes 2 trades one 20pips and 30 pips both short. Didn't trade since and wont trade today as well as to busy with other things.
Good trades to all of you!

I've just added into my long at 1.2952, after confirmation from 5min chart.

If you could post them all we can pick and choose.

Can I see a chart for this please?

Personally, I think that's risky because price hasn't really broken clean past 1.2952 yet. This could yet be today's high like it was on Friday.

wave chart
be careful on level 1.2990 - may be local corection

EU - H1 TF have strong momentum upward.

Yes, 1.3000 is next resistance.(I'm still looking for a Short!!!!)

A solid whole number (such as 1.3000) would be considered a Major S/R level. I'm, personally, looking for price to bounce off the 1.3000 level. I will Short that bounce/retracement level.

[EUR/USD] higher to 1.2960-65 following another session where Asian sovereigns have shown a strong bid for the single currency. System based, and intraday prop sellers have been repeatedly squeezed on their efforts to fade the rally, but it is unlikely that this bias will shift given such a strong favour towards the range in the last 6 weeks of trade. Fridays' 1.2958 peak, or early Feb highs are the focus in this respect (1.2992 11/23 Feb highs - 1.2998/92). 50 day m.a also seen at 1.2948. Sustained gains above 1.3000 would see the target shift to 1.3100. Specs have been inclined towards a shrinking range lately, so expect a number of barriers to be touted above. EU HICP to catch some attention at 10GMT. LOts of US data folows see.

[USD/YEN] underpinned again and specs still pushing the idea that the BoJ may this week be tempted to pull the intervention trigger. Such concerns are wide reaching & have been enough to stir some top House Dems to call on the US Tsy to warn Japan against such an idea. However, with specs now sitting comfortable short Yen, the push to break 100 has become all the more problematic ahead of Japan's fiscal year end, & we are again news dependent to break the deadlock that certainly favours continuing commercial Yen demand from Japanese counterparts. The real deal remains 100 with the 200 day m.a slipping lower to 99.90, so too then are system entries drifting down, but barrier defence and a mass of other optionality assure that the upside comes very gradually. Exporter offers & more barriers also tipped in abundance 100.00-30. Expiries 97.90, 98.40 & 99.55. Buying dips the favoured strategy within an assumed 97-100.

good Jasper, it's important level

My thoughts too!

Edit - hedging from here.