Trading EURUSD only

That didn't ment you can't take it higher. But thanks for stalling it for me for 2H

LG 3446 TG 3466 SL 3423 Gartley

yah..price is again in triangulation/narrowing zone..when you were without paying attention and tired price will move fast!

Hehe. i hope it will move in 16min with the news.

One of the best trades may be put pending long at 1.3390/3400...price may go there in pinbar/(stop grabber)...

ps: it was a shame it did not go there this morning..oh well, i´m betting on that!

Hello traders,
I though this could be of interest. Following is my view on the Dollar Index on the 4-hour chart.

Attachment

On Dec 20th, we had the start of that move higher I call the Fiscal Cliff rally. Eventually it came to an end. Price moved lower and then bounce again during the last two weeks.

I think bears are back in control in the Dollar Index. But this has a strange taste as we area seeing the minor pairs (USDJPY, USDGBP and USDCAD) showing weakness to the dollar. While EUR/USD has been consolidating on top of the 1.3250-70 area for almost 2 weeks, DX had a bullish bias, due to the contribution of minor pairs, but its price was contained by resistance at the 80.20-30 area.

The resistance at 80.20 is also a short setup with a target in the 79s. To be able to believe in a move to previous lows in the 79.10 area I need to see price trading below the 79.70 level. Notice that the 79.70-90 area has been providing support for the last 4 days.

On the other hand, should price move again above the 80.05 level a new retest of the 80.30 area could be possible. This could probably mean the 1.3300 area retested by EUR/USD.

Price will tell.

Trade safe.

hi xandi, a question about EJ, do you think it will break 123.00

I think first it will visit 1.2090...like eurusd will visit 1.3390

thats way you just scalping today
scalp is the best way to trade on monday

Well, this is new to me
EJ is up and EU is down on M5

Total US mess is what it is called. When US joined the game first thing they did was ignoring 15min bull div. And they still ignore it.

that was caused through YEN not US, all yen pairs gain.

and EU going up following EJ
as if EJ is a fortune teller for EU

It's rising.

And everybody so busy finding a good entry and forgot posting

Target reached.

YeSSSSS

I must have missed something.. does anyone know what caused that spike?

Awesome

My guess is that US finally watched the charts and saw the 15min bull div.