EURUSD

Natural reaction, natural result

Did they hunt u down?

hello everyone

just to remember about being flexible

as i wrote in the morning i was short from 2975 3025 in night price was about 1 30 so i was ok

after small drop from 3040 morning i kept thinking that short should be a good one

BUT THAN WE ALL SAW price action told me BUY!!!

I TOOK LARGER ONE COVERING MY SHORTS .NOW I AM GOOD,,,,,,,,,,,,,,,REMEMBER BEING FLEXIBLE IS ALL RIGHT

DO NOT RIDE LOSSES CUT THEM!!! AND TURN POSITION IF YOU FEEL THAT

MANAGING RISK WAS CLUE FOR ME TODAY MIXING SHORTS WITH LONGS I FELT COMFORTABLE WITH POSITION I HAD AND DIDNT EVEN SWEAT)

HAVE A GOOD DAY ALL OF YOU AND REMEMBER MONEY IS NOTHING LOVE AND TREAT PEOPLE GOOD))

Closed in profit 2 month positions /month job salary and month pension/ and 1 year position/bank depo/

I am getting truly bearish for EJ... If I am right we will tap 123.60s...

LOL. this is my last bet. after this just enjoy the weekend.

Mr forex grabbed the day of ur life from u

The new "last page" button, located at top-left is a bit silly if you stay at the bottom of the page. It should be reverted

hahahaha i still watching.

me too

i like your eu position there

Your last EJ long will be stopped out any minute

Hello all,
Euro going up as anticipated in past analysis.This is an update on the 4-hour chart.

By piercing on the upside the level I have indicated yesterday,i.e. 1.3020, price confirmed the 1.2900 area of support. It does not mean that area could not be retested, but with a confirmation, a potential retest should now hold.

The 1.3010 extension long setup on the 4-hour chart held yesterday and brough price into the 1.3060 area (1st target) and then the 1.3080 area (2nd target). Next support and long entry now at 1.3075



My two scenarios as usual (see picture above):

Scenario 1. If the 1.3066 level is pierced on the downside there are two important level to watch where we could see bounces. The first level is 1.3015-20 area, while the second is the 1.2980 area. We don't know where price will stop and reverse. If we get this move lower now this is will be the opportunity for Program Trading to establish or add to longs. If we don't get the retrace now, we will eventually have a retrace. So don't rush to longs. (notice that sometimes even after breaking below 1.3066 the 'busted' setup can reach the 1.3120 area of target anyway, before correcting lower into the indicated levels)

Scenario 2. The next level of support and long entry is at 1.3075 with a stop below 1.3065. If price holds this long setup we could see the 1.3120 area hit (1st target) and then price hit the 1.3140 area (2nd target)

Let me know what you think.
Thank you
GL

Cheers
G.

Possible H&S forming on Wall St could help EU & EJ shorts.

Add another E/J. Will cut if U/J close below 95.60

No. Stop moved then added another one as it seems U/J will test 95.60.

enter GU...testing...set TP for 5186

Good luck...! Below 125.20, I will be the happiest man on earth,moved SL to BE and letting it run...

close short at BE. too chicken to enter any position now.