EURUSD

well watch tom and jerry and somke some crackforex u will be fine

More like a bull frog.....
Jeremiah was a bull frog....
Hahahahahaha

Okidoki.. I go to see my family in Rome!
Bag is done and stoplosses and stopentries are set!
Wish you a good trading week and don't look at the chart too much whilst you are with your family!
Ciaoo!

Have a good holiday Martingale

Very slow day, to be expected in these times !
How you put your picture on your posts, sorry im newbie on here but not in trading terms.

In that case a clean break of .3080 level leading to 55-60 levels or even lower?


Thanks,

HJ

As I was catching up with the older posts I read this post which was giving an explanation of why EUR/USD dropped so quickly and sharply at 3:00 AM.

Here is the post I refer to;
Originally Posted by infinitus http://cdn.forexfactory.com/images/buttons/viewpost.gif
Mood, fear, greed......., translation: Eliott Waves LOL

that drop was about re-entry for London/european boys when the price moved in asian session; so if you can spare 10 pips, enter buy at 3099 SL 3089 and target 3150 at least and probably beyond... the most basic play in forex..

Since I see how you are viewing forex by observations I would like to share one of my trading observations and how I profit from it.

I trade on currency at a time depending on what trade plan I am using. My trade plan for the moment is to only trade EUR/USD short.

I get too see the behaviour of this currency so well that I can observe pattens that repeat. All of the last number od days it runs up after the North America close. It starts more of a run between Midnight and 2:00 AM EST and it builds. By 3:00 AM Europe is going full blast excluding the holiday factor.

There is always more than the speculators IE the retail trade.

The longs are run and the STOPS are hit and there you go. I usually get up just for the 2:00 AM to 4:00 AM period just to trade the pattern. You can find other patterns that repeat.

At times they change and you need to find a new recurring patten. The pattern at 3:00 AM is tripped by the full force of the Europe trading desks.

This also applies to North America between 7:00 AM and 10:00 AM before other factors enter which ends this factor.

And you.

Daily Low support 1.30775 is still holding.. till when ?
Who could know :nerd:

Hungary downgrade may help us

This is do or die area for the DX

Im scaling out and moving stop to BE here at +19..Mainly cuz dx isnt breaking yet

http://www.theaustralian.com.au/busi...-1225974792337

yesterdays low 3078 is what we need to break

Man oh man does my heart beat like a drum when I'm in a trade. Got in short at 3090 hoping for a momentous push down but got out +1 pip. Didn't feel it was gonna happen.

If we get to 3060 or 70 ish, I will most likely take all profits and wait for a pull back for another entry.

Thankyou snatch

Let them consolidating for the breakout...
Target is 1,3050-60 bid zone
Then 1,2980-1,3000 a final one before a real breakout for 1,2700 or a first bounce for 1,3200...then i dunno

no break no shake at least we need an H1 open below the 80's H4 will be for conformation other wise enjoy the range hit and run cash in the green

alright, I'm in