EURUSD

3700 is my pick.

Thought the breakout looks mature but no news soon & can be expected after 1hr 33 min with lots of news at the same time from eur-gpb regions .
till then better rest a while .
fontu

goes up and down... wow

yeah goes up and downlike a wild ride

no, it goes down and up

yes, after down target 1.4120

Support Resistance Levels 14 July 2009

1,4011 - 1,4078 - 1,4117 - 1,4152 - 1,4191

1,3972

1,3916 - 1,3882 - 1,382 - 1,3791 - 1,3717



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support resistance

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US stock index futures are slipping into red. Big S&P move up earlier today was built on smoke. A little so-so news will send E/U down.

my eu chart..

hi
where are those yelow and green arrows from?

Big falls in energy futures last week. Is there some reason why that should change direction this week? Oil inventories are way up, the two weeks before last they were quadruple forecasted.



The original impulse for this week was more of the same. Falling oil>Rising dollar>Falling EURUSD.

An important aspect of this is that On Balance Volumes are down.


With low volumes, smaller trades have a greater impact on trend.

The next few hours, though, will be the highest volumes traded for this week.

the indicator is called super signals. but it's not as good as it looks.. its not for enter and exit trades, just a signal that price could turn..

super_signal_v3.mq4

H1, gave a buy signal on the previous closed candle.

I'm already long for a swing/position trade, so I'm taking another long for a daytrade only @1.3981 targeting the local 1H high @ 1.4070
Price below 1.3956 could make me scrap the trade depending on the action. Invalidation point @ 1.3878.

looks good on posted image...
thanks

I have tried so many indicators and found most indi are just made to f**k you up hehe

but few are really helpfull

the more indicator you try, the more you become sure that the basic indicators are the most reliable and helpful

agreed...now i trust more on simple TRENDLINES loll

can you share which ones?

Eur/Usd held onto its longer term fib level of 1.3878 and buyers took heart from this and took the market sharply higher for 1.4000. Now the buyers have carried on this morning with strength and are looking now to 1.4055/60. Ini- tially buyers will take profits to this trendline. Sellers will also be waiting here.

However if the buyers outwit the sellers and barge past 1.4075, you will see them take the market higher for 1.4110. This would clear the trendline and once more give Euro back some strength to reach for the highs of 1.4200 once more.

1.3950 is your support. If the market fails to hold onto this support look for sellers to take this lower to the first longer term fib level of 1.3880/60. Buyers will be waiting prior this support and sellers will only get their way if below 1.3820.

pivot,fibs,ff cal,trendlines,most important any indi showing PA in bold letters.