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EURUSD

  • #220,821
  • Apr 6, 2010 2:32am Apr 6, 2010 2:32am
Is there any chance for EU to hit 1.3520
  • #220,822
  • Apr 6, 2010 2:36am Apr 6, 2010 2:36am
Quoting kaushal4444
Is there any chance for EU to hit 1.3520
There is a chance for anything in FX.
  • #220,823
  • Edited 2:50am Apr 6, 2010 2:39am | Edited 2:50am
Quoting kaushal4444
Is there any chance for EU to hit 1.3520
why not ? but I think not now , it to bounce from the low , 1.3380 at the top & next 1.3315,1.3295 ,even may 1.3259 . price fall less than 1.3380 may have difficult reaching this level but everything is possible in forex.

There is every chance to bounce from 1.3380 ,even if may not success & I will close shorts & next will depend as per pa.

After the fall there will be a raise to any level up ,even higher than this done before further fall the ground.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #220,824
  • Apr 6, 2010 2:48am Apr 6, 2010 2:48am
Quoting fontu
why not ? but I think not now , it to bounce from the low , 1.3380 at the top & next 1.3315,1.3295 ,even may 1.3259 . price fall less than 1.3380 may have difficult reaching this level but everything is possible in forex.

After the fall there will be a raise to any level up ,even higher than this done before further fall the ground.
fontu
How will FOMC meeting effect EU?
  • #220,825
  • Apr 6, 2010 2:50am Apr 6, 2010 2:50am
Quoting kaushal4444
How will FOMC meeting effect EU?
BAD very BAD
Trade on your own risk Plan your trade&trade your plan dont be a
  • #220,826
  • Apr 6, 2010 2:50am Apr 6, 2010 2:50am
1.3428 is 50% from 1.3590 swing high to 1.3266 current reaction low. Next level to watch on the way down is 50% from 1.3510 March close to 1.3266 March low that makes next support at 1.3388.

Important! Bullish base was disallowed to be formed above March close 1.351, so next level where they may attempt to do it again is 1.3266 March low, but if they do do it there it will most likely be a spike of 1.3266
Prices oscillate, trends persist. Trend is your friend.
  • #220,827
  • Apr 6, 2010 3:01am Apr 6, 2010 3:01am
Quoting fontu
It is just the start , so any level & always enough sl for gj whatever the target small or big.
fontu
so can go long for a scalp around 141.80 for 50 points and then again sell from there when it will go up what do you say

Ub
  • #220,828
  • Apr 6, 2010 3:04am Apr 6, 2010 3:04am
enjoy the ride to .8
those who can, do. those who cant, talk about those who can
  • #220,829
  • Edited 3:58am Apr 6, 2010 3:28am | Edited 3:58am
Quoting ubaidahsan
so can go long for a scalp around 141.80 for 50 points and then again sell from there when it will go up what do you say

Ub
I think it can bounce from this area 142.40 already reached to a limited range ,may be 142.98 & or continue down without it , h1 channel already broken down ,qqe H4 down & once cross 50 done good sell 139.46 to 136.97>132.47.
so any high short my views.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #220,830
  • Apr 6, 2010 3:41am Apr 6, 2010 3:41am
Quoting gatorinla
enjoy the ride to .8
Thanks, hope it do direct this time & no bounce from 1.3378 level to make another hs.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #220,831
  • Apr 6, 2010 3:48am Apr 6, 2010 3:48am
got alarm placed for usdcad sell at 1.0040 pivot is at 44 tl in same area expecting big rejection back down to 1.0

€$is like watching paint dry have pending sell at 3390and alert on 3440 in case of change of direction.
Will leave pc and chill, just no sense watching it grind lower slowly.
Laters
TCat
Trade on your own risk Plan your trade&trade your plan dont be a
  • #220,832
  • Apr 6, 2010 3:55am Apr 6, 2010 3:55am
Quoting jsspmk
Weak pa, sell

There are probably a thousand trading methods out there, yet the only one that is worth ones attention is the one that stood the test of time - buy strengthening price action in a up trend and sell weakening price action in a down trend. Weakening=failure to make new highs, strengthening=failure to make new lows. Price travels from support to resistance to support. Fundamental data drives new highs and lows, liquidity search drives price discovery between support and resistance zones. It really does pay to be conservative and not overtrade.
Prices oscillate, trends persist. Trend is your friend.
  • #220,833
  • Apr 6, 2010 4:00am Apr 6, 2010 4:00am
Quoting jsspmk
There are probably a thousand trading methods out there, yet the only one that is worth ones attention is the one that stood the test of time - buy strengthening price action in a up trend and sell weakening price action in a down trend. Weakening=failure to make new highs, strengthening=failure to make new lows. Price travels from support to resistance to support. Fundamental data drives new highs and lows, liquidity search drives price discovery between support and resistance zones. It really does pay to be conservative and not overtrade.
Checking price action is the most reliable way of trading (to me) ....when i've discovered it i've got rid of all the useless indis

Cya below 1.3400 for today
COT: The precious data ignored
  • #220,834
  • Apr 6, 2010 4:04am Apr 6, 2010 4:04am
Greek 10 year bond up 24 to 677
Prices oscillate, trends persist. Trend is your friend.
  • #220,835
  • Apr 6, 2010 4:05am Apr 6, 2010 4:05am
system fired of a buy audusd 0.9238 sl 0.9205 tp1 0.9271 and tp2 0.9304
Trade on your own risk Plan your trade&trade your plan dont be a
  • #220,836
  • Apr 6, 2010 4:09am Apr 6, 2010 4:09am
Quoting Trading Cat
system fired of a buy audusd 0.9238 sl 0.9205 tp1 0.9271 and tp2 0.9304
I am waiting for absolute new highs in AUDUSD to take place to initiate position trade.
Prices oscillate, trends persist. Trend is your friend.
  • #220,837
  • Apr 6, 2010 4:16am Apr 6, 2010 4:16am
Quoting scurt
it`s major support/resistance...
WTF did u spill a coffee on that chart?
  • #220,838
  • Apr 6, 2010 4:20am Apr 6, 2010 4:20am
1.34 won't break ...as long as gold can keep creeping back up
----- Dragonfly out in the sun you know what I mean, don't you know
  • #220,839
  • Apr 6, 2010 4:24am Apr 6, 2010 4:24am
Quoting sidali2000
WTF did u spill a coffee on that chart?
whats your point?

if you mean that background looks dirty thats because I am doing this in photoshop and saving with the maximum compression to reduce file size...
  • #220,840
  • Apr 6, 2010 4:28am Apr 6, 2010 4:28am
Quoting 40pipPerDay
Today, tokyo open go to down & achieve 3458 (support 1), waiting for news 40 min for now hopefully go to 3440 (support 2) & finally 3410 (support 3). Trendline 1h, 4h & 1d, ma & candle still strongly go to short. This is what i'm thinking refer to chart & news. Anyway good luck to you all.
Yes!! Finally reach 3410 (support 3) during London Open. I believe it will reach till 3380 for at lease during US Open before it will turn back to bull. But refer to chart & latest news for this week it will go down till 30XX. We wait & see..
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