EURUSD

nice to see, after our tea time (Asian Session ), we're back on topic trading ... relieves our stress level chit chatting


Eurusd forms a 15min downtrend channel.. price is very bearish

Hello everyone!

Here's my setup for today:



If support is broken I'll short.

can be justified.

Why? All I can lose is 25 pips. All I can win is unlimited, if it gets hit of course.

And most likely it won't get hit at all, so what's the risk?

interesting...spread increased just ahead of the swiss pmi data...apparently it will play some role in further direction


Edit: CORRECTION.....the euro data regarding pmi...booo...either im too tired to see right or the time is still not fixed on FF calendar

wave chart variant

http://www.forexfactory.com/showpost...0&postcount=52

EU +ve divergence spotted in h1

wow...you actually have the courage to post even losing positions. thats a sign of a great trader and as most of your charts exhibited "skill"..you earn a vouch in my book.

on that note...heres my losing position at this time....(half-size)...the daily charts have kept me in this particular trade thinking we may see a lower low before any move up...or at least a W formation. willing to take a loss on this one.

..to a short of mine at 1.3292.

1.3200 is a strong level

good morning

i know for gbp/jpy the tripple interest day was wednesday, anyone know if its same for eur/usd ?

yes usually it is end of day wednesday... broker dependent .. its not tripple interest in a sense its the interest for sat sunday @

good morning (although its 2 am here)...if you are reffering to swap (not that familiar with broker terminology)...wednesday is the day you pay triple the swap for eur/usd as well...

thank you guys

EUR-USD breaking out of down trend, with a double bottom??

as channels play a big role of my strategy i will tell you how i analyze the situation. first...in the past few hours we have ranged at the low in between 1.2205 and 1.2175 or the possible double bottom you mentioned on the 15min chart. If the range is broken to the upside as it just did...immediately a new channel develops...an uptrend. judging the strength of that uptrend is crucial in telling the difference between a false break and a real break. Not only that...since the resistance of the range was broken it should now act as support (the 1.2205 level). However....there is an even stronger resistance at 1.3225 (look at hourly chart since the week started) that needs to be broken to consider the end of the previous downtrend. To finish...its too early to say if this is a real break up or not...more pa required.



As for me...going to sleep now...still keeping that position open with tp at 1.3132...w/e happens happens

Good pippin all

Ohh... Comin' up, comin' up, comin' up now

15Min Up signal.

4h, Coming up to say

what signal ? I am short loking for lower trendline to break

We are right at the bottom of a strong channel at 4h graph and 1h graph looks like we will be flat for a while. Dunno, it might move up to like 3300 and then either go higher or go south and break the 4h channel. Anyway I would wait at least till it hits 3110 before going short long-term. Its another thing if you are scalping obv.