Is the EUR/USD retracement about finished? | Forex Factory

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Is the EUR/USD retracement about finished?

  • #1
  • First Post: Edited Dec 4, 2010 10:16pm Dec 3, 2010 12:08pm | Edited Dec 4, 2010 10:16pm
Is this retracement near exhaustion? Maybe.... so I will be getting ready for the EUR downtrend to resume, still long this retracement however.

Here is what 4cast has to say about it..... a free service from Oanda.
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  • #2
  • Dec 4, 2010 10:18am Dec 4, 2010 10:18am
I was digging through some old posts and came across this, it might give some of you guys something to think about.
A Gann Re-entry Method
  • #3
  • Dec 4, 2010 10:27am Dec 4, 2010 10:27am
Nice and simple. Thanks for posting.
  • #4
  • Dec 4, 2010 10:15pm Dec 4, 2010 10:15pm
Once the trend is established or reestablised you may find this method of trailing stop of some use.

Billflet I know you will recognize this one.......

Bemacs trailing stop
  • #5
  • Dec 6, 2010 12:03pm Dec 6, 2010 12:03pm
According to 4Cast technical we should be getting things in order for shorting the EUR again, as soon as my tech. signal indicates short I will be entering then.
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  • #6
  • Edited 11:30pm Dec 7, 2010 11:14pm | Edited 11:30pm
My indicator to trade has been triggered, and I am now short EUR/USD from 1.3226 with a 79 pip SL.



And here is what 4cast has to say....
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  • #7
  • Last Post: Edited 6:30pm Dec 9, 2010 6:13pm | Edited 6:30pm
Still short and holding.

I am looking for the down trend to resume and build momentum.
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