EURUSD

yeah, i see price having a tough time breaking below. we may see a bounce but i'm still bias to the downside atm


yeah, i got my tp's there. i forgot about fifo rules so i can't have multiple targets on one trade - i'm seriously thinking about moving to a uk broker now

Long already activated for target 3619,27 or 36 any , sl few pips , just below 3571 . lets see how the play at this level .
fontu

European Forex Technicals: USD Weakness Set To Continue
18 Feb 2011, 08:23

By Francis Bray (TRADING Central)
The Dow Jones Newswires Technical Analysis Partner



Intraday EUR/USD: This week's recovery is set to extend above 1.3629 to tackle the key 1.3665/85 resistance cluster. While Thursday's low at 1.3537 holds, the solid structure of the bull wave off Monday's 1.3428 low remains intact, and a near-term wave equality target provides the upper end of the key resistance cluster. Only a push below 1.3556 would question the bullish outlook, and a break below 1.3537 is required to put bears in control.

Weekly chart EUR/USD trend: Bearish.



Intraday USD/JPY: Extends the setback off Wednesday's eight-week high at 83.98, and support at 83.15 is likely to be tested. A push below 83.15 is threatened, leaving an intraday bull failure high at 83.41 and creating room for further weakness towards 83.06 and a downwave equality target at 82.80. Only a recovery above 83.41 would lift the tone and re-open the 83.76 lower high.

Weekly chart USD/JPY trend: Bullish.



Intraday GBP/USD: Recent volatility is set to be resolved to the upside as a clean break through 1.6187 is threatened. A clean break would open the wave equality target at 1.6211, but February's peak at 1.6277 and the key November 2010 reaction high at 1.6298 are also becoming vulnerable. Only a push below Thursday's low at 1.6077 would question the bullish outlook, exposing the 1.5964/86 lows.

Weekly chart GBP/USD trend: Bullish.



Intraday USD/CHF: Thursday's sharp setback suggests this short-term downtrend has further to go. While corrective gains are limited to 0.9555, the main threat is for further pressure on support at 0.9477, exposing 0.9415 on a clean break. The Feb. 2 reaction low at 0.9329 would become vulnerable on a concerted push lower. Only above 0.9555 would question the bearish outlook, opening 0.9602.

Weekly chart USD/CHF trend: Bearish.




I do post this today again ... as I see that many of us are not able to see what the market wants to give us ...

Those who are looking for reliable information ... should have a chance to get some ... mehr kann ich nicht tun ... it's up to you ... I have not got soo much time for Plapperei ...

At least there are only very few here who are working with success and with a system that is based on real experience that could work for you as well ...

That's why ...



;-|

ahh..alrgiht i gotta go. gotta hit the gym then go have some drinks..i need to get this on my mobile so i can watch it lol...

anybody know anything about thailand? i was supposed to go to cebu phillipines next week but my trip got switched to thailand.

After your two lines intersect.. what next? do the trend carry on or does it change and break away for a new cycle? i consistently get the intersecting lines and i'm quite curious as to whether it has any purpose.. thanks for answering my question

Tweezer bottoms on m15, gone long at 3578.

Thats right momento, the price does not always fall like a stone straight down. ofcourse there are hurdles both upwards and downwards.
Sometimes it takes days and weeks to get to a target you just got to watch the PA and be on the right side of the market. However, if the technicals and fundies agree with each other they can just push it together to one direction with a good momentum, which can be up or down. You always got to be careful and well prepared to cut the losses.
lets wait for the news in about 45 mins and see what that brings and then trade what you see on your charts
thanks for the advice by the way i am always flexible
Goodluck
HK

Maybe a little something like this...

Quite nice idea!

Gut gut ... really not bad ...

Possible ...

Move SL = BE =1.3605
http://www.forexfactory.com/showpost...stcount=389934

Hey Bounvangvn, how you doing? nice catch

l for a few

Thank you very much :-)

Now: ahhhhhhhh, enlightenment

hold short and happy. GL

I'm sure we'll see a break-out below 1.357450

Real tough in ignorable tf, let the play.
fontu

Thankyou Your view is also what i was thinking that 3300 is net target and is firming up as i said when we started to top out we could be in a 500 pip correction from 3860,Especially after the 1000+pip leg up.

Also Mr hatch 's chart is what i also see as a potential area to resume the downward move.

One thing that the head of ecb said at the beginning of the year was that he could see eur ranging between 1.4 and 1.2 ,so far we been close to 1.4 . so the 1.3 area seems a nice median area .

morning fellow traders,
selling volume dropped higher tf support 3577, long 3577 maybe target 3638. will watch price action carefully..lots of seller in 3613 and up.
Good luck

please dont

lets see if we can gather momentum now...