I sold EURUSD @ 1.2720 and will buy @ 1.2650. Do you think that we will see 1.2650 during the new week?
appreciate your reply
Regards
Tamer
appreciate your reply
Regards
Tamer
EUR/USD
Trust your strategy
EurAnalysis Kindergarten 24 replies
DislikedYou're right this zone is very important. But with all the fundamental drive going on in both pairs will this demand still hold strong? If there was not a meltdown in EU this zone will have a lot of integrity but the fact is the dollar is in demand and the EUR is loosing it's value rapidly. Yes the EUR will be cheap but I wonder if that is good enough reason for a strong demand.
If this zone plays out into a bullish move S/D will prove to be the king of technical analysis.Ignored
DislikedThose are factors that have to seriously considered. The last major demand zone gave an initial 250 or so pip retrace, then when price came back it went to the bottom of the zone and there was a 200 or so pip retrace. The current major zone goes back to Oct 2010. Since I'm just getting into this S/D I really don't know how much strength these long time zones have. Will definitely know more this week, that's for sure.Ignored
DislikedJust in case some of you missed my post with the latest copy of "Things that make you go Hmmm", click hereIgnored
DislikedJust in case some of you missed my post with the latest copy of "Things that make you go Hmmm", click hereIgnored
DislikedI like that newsletter. Is it available free of charge or is it part of a subscription?Ignored
DislikedI have a better pic which I posted in other thread. If I post it here, some people might get mad at me .Ignored
Dislikedok then don't post it here, but feel free to post a link to it in the other threadIgnored