Down to 1.2490, then up to re-challenge 1.2525, then 1.2535, to 1.2550.
BReak sbove 1.2550 opens 1.2625
BReak sbove 1.2550 opens 1.2625
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedDown to 1.2490, then up to re-challenge 1.2525, then 1.2535, to 1.2550.
BReak sbove 1.2550 opens 1.2625Ignored
DislikedShort closed @ 2453 +40
Closed @ 2455 +39
This one is always a great trade.. only had to risk 9 pips. Closed @ 2456 +45
Long now @ 1.2451. I have larger orders down at strong support 2443/2436. Good r/r here.. We can use tight stops below 2430. We couldn't quite get there before the end of the London session though So as usual, NY will drift away. I would expect the descending trend line to cap it for tonight at ~1.2492...Ignored
DislikedGood levels to long for a long are just above 2500, best will be 2492. At this point we will meet the bottom of the new ascending trendline. Should find some solid support here. Will we get that low? Who knows. I may even begin to add longs at 2508. But the SL must be below 2492, so we can't afford to go in too big here.Ignored
DislikedLongs closed @ 2491 +40
The bulls came out to play today. They have broken out of the descending trend line that we've been in for the past week or so. They've broken key resistance @ 2492/2508 and now going on to test 2520. Short term bulls are indicating 2570 and above now. In hindsight I should have let the longs run longer. I'm disappointed we didn't quite get down to the strong support @ 2435/2443.. I had some large orders down there. Since we fell short I thought we might re-test. But the London close killed those...Ignored
Dislikedstill correcting 1.328x to 1.228x
possible wave C in progress.
longs only unless 1.244x gives.
breach of 1.328x or 1.228x cancels the corrective view.Ignored
DislikedGood to see you here again Max
Anyway, like I said earlier, bulls broke a few key areas today, including breaking out of the descending TL. Interested to see how strong support will be around 2490 give or take a few (Also support @ 2492).Ignored
DislikedOvernight strength is from US dollar month end positioning....
ECB rate cut becoming increasingly likely next week.... almost every day brings more talk from ECB members of rate easing... Goldman Sachs advised customers yesterday that they now see a .25% rate cut next week, weighing the Euro....
The summit will produce sweet nothings wispered in our ears by the Pols... but the market will ultimately by disappointed... Spanish yields are pushing toward the drop dead 7% level as I type this....
My directional bias is Bearish against Monday's opening...Ignored
Dislikedunfortunately this thread seems to be breaking down again to a small number of sensible people and large number of idiots - hey ho another 4 month break from FF looms......
this 1.25 area was tough resistence yesterday interesting to see how it holds as support nowIgnored
DislikedThat's why I spend most of my time reading and learning from the useless thread
I like 1.2492. It was given plenty of respect yesterday. It also just happens to coincide with the floor of the ATL (~2489). I have my longs pending @ 2493/2491 with 9 & 7 pip stop lossesIgnored
Dislikedunfortunately this thread seems to be breaking down again to a small number of sensible people and large number of idiots - hey ho another 4 month break from FF looms......Ignored
Disliked"Never argue with an idiot. They will bring you down to their level and beat you with experience." -Mark Twain-Ignored