this a pullback. Before a lift off.
EURJPY Is far better to be long moving up quicker this pair is sluggish due to a strong dollar.
Gold is halting this pair aswell.
No QE 3 Gold going down.
rat
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DislikedFollowing is a selection of comments from analysts on important technical developments in the foreign exchange market.
* EURO/DOLLAR: "The euro looks set to push and hold below the 55 day moving average at $1.3080 after failing to get above resistance at the 100 day MA at $1.3250, as well as the highs last week at $1.3290. This morning's break below $1.3050, if sustained could well give clues to the next direction of travel and a move towards the February lows at $1.2975 and a return towards $1.2800. On the upside above $1.3290 argues for a...Ignored
DislikedAlso look on 1H candle, closed in nearly 4 minutes...
Looking very bearish...
That could push bears to attackIgnored
Disliked1,3070-90 resistance has been rejected...we might test the lows before the next move.
Hard to tell if it's going to break or notIgnored
DislikedAussie 4hr chart
I am not skite bro, most positions have been pb to death except todays, is good example of try leave runners, if emotionally possible. They all have trailing stops, I had squeezed very tight because I expected better reaction 0482,
There is very good chance she will clip my trailings, but if can hold 0482 woohoo
I just need show you aussie bull has been mice meat patties since 29th feb.
The new low last candle I like, if this one is will make me even happier, bear is tryingbut swissy is at minor resist .
...
Ignored
Dislikedyour reading it all very different to me
this a pullback. Before a lift off.Ignored
DislikedHa ha... yeah, noticed many people see the same things different.
All depends on what timeframe you are on.
What can be an uptrend for me, could be a corrective move for you.
im talking day trading this. not long term i don't give a shit what its going to do tomorrow next week or the week after.
Anyway it is crucial to have a plan with EXIT strategy.
No matter if it is 5M chart, or 4H chart.
My plan says first to hit and test 1.29800 and then UP & UPIgnored
DislikedThat's why I chickened and closed my long. But looking at 4h - still far from closing - I'm still hoping for reopening long.Ignored
Dislikedwell.... I am trying to get rid off "hoping" in my trading.
I have a strict plan with LEVEL OF REJECTION.
When that level is hit it means nothing more then my plan was rejected by the market and I just start drawing next lines with new planIgnored
Dislikedyour reading it all very different to me
this a pullback. Before a lift off.
Eurjpy is far better to be long moving up quicker this pair is sluggish due to a strong dollar.
Gold is halting this pair aswell.
No qe 3 gold going down.Ignored
Dislikedwell.... I am trying to get rid off "hoping" in my trading.
I have a strict plan with LEVEL OF REJECTION.
When that level is hit it means nothing more then my plan was rejected by the market and I just start drawing next lines with new planIgnored