EURUSD

Don't count on it, nothing is usual in this market. Except that we'll all lose

Quite straight forward going to shoulder. Take a look at H1&H4 atm just nice.

I took 2 entries ~ 1127 area with 1st target of 1132.30 then 1137

Step by step profit taking and lock ur profit to avoid any losses.

Good luck

EUR-USD Setup & Strategy - Wednesday, January 13, 2010





0.0093 Écart

1.4629 1.4589
1.4588 1.4555
1.4546 1.4520
1.4536 1.4504 UPSIDE

1.4495 1.4500 PIVOTAL ZONE

1.4443 1.4495 DNSIDE
1.4453 1.4479
1.4402 1.4444
1.4350 1.4410

Entry-point Key-point
1.4522 > 1.4528



Elliott : elongated flat correction up 1.4560



EUR-USD Scenario - Wednesday 13 January 2010



1.4485* Structure may prefer a move down towards 1.4464 - 1.4443 at first while 1.4510/ 16 - 1.4524 or 1.4536 area may offer resistance. Otherwise one more impulse or attempt towards 1.4539 - 1.4555 or even above 1.4568 - 1.4577 is still possible again. A clear break of 1.4588 would be a bullish trigger ...



Warning: Harami



Warning: Engulfing pattern

Warning: Low Zone




### Rollover-close (Last Day)




1.4528 Key-point
1.4522 Entry-point
1.4264 Elliott; Key-point
1.4485 Last (Spot)
1.4560 Elliott; Projection
1.4515 Trendline-point 1
1.4548 Trendline-point 2




;-)

A clear break of below 1.4410 - 1.4402 would open the downside one more time of course...

Because GBP will be stronger in the next hours as according to upcoming good news what will push the Euro higher against GBP from 0.8930 technical support I see on the chart that means for some hours 1.4450-1.4460 area is safe support for some next hours as well for the E/U

and I got clear +20 pips from 1.4566 level I did buy good for now

It was beyound the expectation price retracing below 1.4478 but i loaded again more long at the bottom.good chance for 2nd time , may be.
fontu

Haha

Hello every body, i am start today's trading now,

Seem like EurUsd cant break down, i am awaiting a good point to entry Long.

TipTop

I've been reading this thread for 2 days almost straight...now I'm heading to bed.

Thanks Fontu, Malcolm, Gator, grashid, gulf coast, DRIVER55 and whoever I'm forgetting.

Donnie

Then it seems 1.4470-80 area can be a good long enrty I wait for it

Why do i short when everyone is long
lets see how i doo
Short 1.4487.

hi grashid,
Love your outlook on gold... i didnt even see the H&S forming..
waiting now for a retrace to enter long 1128.75 ish..

Now i know why i loose more money than i make .. and u make more than you loose

This is democrasy

true well i think were headed upward but im gonna try to take my 20+ pips and get off , im taking tonight off doesnt like its worth trading nothin big :/

EUR/USD - to consolidate with risks skewed lower, undermined by unwinding of long-EUR carry trades on higher risk aversion, lingering concerns over Greece's budget deficit woes. But EUR/USD losses tempered by EUR-USD interest differential, sovereign rebalancing of FX reserves in favor of EUR, fears of SNB's EUR/CHF FX intervention. EUR/USD daily chart still positive-biased as MACD & stochastic in bullish mode, though inside-day-range pattern completed yesterday. Support at 1.4452 (yesterday's low); breach would expose downside to 1.4406 (Monday's low), then 1.4261 (Friday's low, near 200-day moving average), 1.4216 (Dec. 22 low) and 1.4175 (Sept. 1 reaction low). Resistance at 1.4548 (yesterday's high), then at 1.4557 (Monday's high); breach would target 1.4570 (38.2% Fibonacci correction of 1.5144-1.4216 Nov. 25-Dec. 22 decline), then 1.4590 (Dec. 16 high) and 1.4675 (100-day moving average, just below 50% correction level of 1.4680).

Source: DJ Singapore

you online on YM?

It is a very critical point now it decide what to do..I see a strong hold on E/GBP at 0.8930 and pound have the potential to go upwards according upcoming good news what decide me to buy also €/u on 1.4485

Yes we can loose always but if we have at least +50 in end of the day that is a good day

Now this point is reall critic.

My view for this pair this week is a loer movement but i would wait for the next 2 hours for pices to get towards 1.4525 were i have a sell limit or otherwise wait for the break of 1.4454.

in 2 hrs..ctach u guys later...gold 1st target..mmm..delicious