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EURUSD

  • #451,701
  • May 30, 2011 12:55am May 30, 2011 12:55am
Quoting KiwiTrada
p pl plo

plip
If you are new to Forex? Say Goodbye to your account!!
  • #451,702
  • May 30, 2011 12:55am May 30, 2011 12:55am
Evening money-machines, where is the pips leaning towards?

I see we are still below 50% fibo on the daily... 4450 ish...
Could be a good place to load up shorts if I were a massive fund...
  • #451,703
  • May 30, 2011 12:55am May 30, 2011 12:55am
Attached Image (click to enlarge)
Click to Enlarge Name: 15min chart.gif Size: 28 KB


Can this divergence be trusted??
What are the points, which should be kept in mind while trading any divergence??
  • #451,704
  • May 30, 2011 1:02am May 30, 2011 1:02am
Quoting Eagle-kid
Attachment

Can this divergence be trusted??
What are the points, which should be kept in mind while trading any divergence??
check for higher time frame confluence h4, wouldn't trust a macd div on m15 only...
  • #451,705
  • May 30, 2011 1:06am May 30, 2011 1:06am
Quoting FibbinArchie
check for higher time frame confluence h4, wouldn't trust a macd div on m15 only...
Hmmmm... ...
higher time frames are not completed yet.. I think so..
  • #451,706
  • May 30, 2011 1:08am May 30, 2011 1:08am
Quoting mercy seat
Easy-peasy ... post reply ... scroll down a bit ... manage attachment ... upload ... submit ... that's all ...

Please respect the size suggestions of this website ...



;-|
thnx
  • #451,707
  • May 30, 2011 1:16am May 30, 2011 1:16am
mofu @ 4293.6
  • #451,708
  • May 30, 2011 1:18am May 30, 2011 1:18am
the daily candle is a one big mofu - let me show it:

+
  • #451,709
  • May 30, 2011 1:18am May 30, 2011 1:18am
Today, i am buying EU @ the bullish close of the 8gmt. 1st target is 1.4330 2nd target is 1.4377 stoploss is 1.4251.
  • #451,710
  • May 30, 2011 1:21am May 30, 2011 1:21am
Any idea where this sucker want go ?
  • #451,711
  • May 30, 2011 1:21am May 30, 2011 1:21am
Quoting T.E.Lawrence
the daily candle is a one big mofu - let me show it:

+
i meant on intraday, move down from friday high...
  • #451,712
  • May 30, 2011 1:28am May 30, 2011 1:28am
Remember, the end of this month is tomorrow and we have closed banks. So don't expect major moves today.
  • #451,713
  • May 30, 2011 1:29am May 30, 2011 1:29am
BE BE BE BE crap crap, 1 more try, AU Cable Field still holding
If you are new to Forex? Say Goodbye to your account!!
  • #451,714
  • May 30, 2011 1:30am May 30, 2011 1:30am
Quoting FibbinArchie
mofu @ 4293.6
correction - 94.1 on the bid, coiling suggests possible breach...
  • #451,715
  • May 30, 2011 1:31am May 30, 2011 1:31am
And remember, when banks are closed, most of the market is populated by idiots like us.

You know what it means.
  • #451,716
  • May 30, 2011 1:44am May 30, 2011 1:44am
I am a bit noobish, but it looks like 1.4340 is a major resistance, at least to me. It coincides with the 38% retracement of last move down. Btw, the MACD is already red. If it fails to break it decisively we are heading back down!
Attached Image (click to enlarge)
Click to Enlarge Name: usd4h.gif Size: 22 KB
Price = the amount a greater fool is willing to pay!
  • #451,717
  • May 30, 2011 1:46am May 30, 2011 1:46am
Monthly chart:

Attached Image (click to enlarge)
Click to Enlarge Name: euro.jpg Size: 65 KB


How about we move to 1.4500 today/tomorrow and cancel that recent down trend?
  • #451,718
  • May 30, 2011 1:48am May 30, 2011 1:48am
Quoting T.E.Lawrence
Monthly chart:

Attachment

How about we move to 1.4500 today/tomorrow and cancel that recent down trend?
Why we should move up? We are on the verge of major economical event of Greece and You want to buy?
ECB assets does not look great too...
  • #451,719
  • May 30, 2011 1:56am May 30, 2011 1:56am
The limit up not actually broken made me puzzled this very day of market open chances there again for the h4 resistance test or actually breaks to get limit possible before the retracement, actually may try bull to continue up & up before a failure if & bear continue & in that case may again to 4390 or so even . . shorts closed before knowing this fact though but may to wait long time for another short .4295 H1 resistance breaks up may do so , otherwise retracement ok some . worthless day for trading , bank holiday also.
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 17 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #451,720
  • May 30, 2011 1:57am May 30, 2011 1:57am
asian session bring us to daily pivot~~~
london session we now up to 4285 level...

my prediction...we may test 4340 level..
n then NY session we may go down again if we fail...

i am a newbie hahaha ..
just my prediction..
Patience, Emotion Control and Discipline.
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