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EURUSD

  • #845,421
  • Oct 21, 2013 2:15am Oct 21, 2013 2:15am
Quoting Magicmen
Wat makes EU fall like this? I don't see any news
What made EU go up last week, there were now news...
  • #845,422
  • Oct 21, 2013 2:15am Oct 21, 2013 2:15am
Quoting TraderPablo
{quote} overbought taking profits...what goes up must come down and visa verso...
because i did sell....lol
  • #845,423
  • Oct 21, 2013 2:15am Oct 21, 2013 2:15am
Quoting entheos
{quote} because i did sell....lol
u rascal
  • #845,424
  • Oct 21, 2013 2:17am Oct 21, 2013 2:17am
Maybe a small pull back but then we should go further down imo.
Attached Image (click to enlarge)
Click to Enlarge Name: !tickeurusdm 2.jpg Size: 145 KB
As the lights go by so too do the shadows move
  • #845,425
  • Oct 21, 2013 2:18am Oct 21, 2013 2:18am
Quoting TraderPablo
{quote} overbought taking profits...what goes up must come down and visa verso...
imo, support becomes resistance. I guess 1.3675 will become a resistance.
  • #845,426
  • Oct 21, 2013 2:21am Oct 21, 2013 2:21am
Monday price action analysis for #EURUSD and #GBPUSD:
We usually like to watch market situation to develop further on Mondays and do not rush to trade. Advice on EURUSD is to see how price action develops around 1.3700-1.3710 level and search for a short position there. Trading with trend and sentiment is usually a better and easier way to achive quick profit so we will watch price action at 1.3646 – 1.3658 zone as a first place to join the uptrend. Meaningful break of that zone will start a corrective move towards 1.3600-1.3580.
On Monday during european session we don’t expect to much movement, depending what price action shows we will be looking for a short position on GBPUSD at 1.6222-1.6227 level, otherwise and still preferable are long positions: first at 1.6140-1.6145, and if this level will not hold then another long position to joint uptrend at around 1.6055-1.6060 level. As the market situation developes we will keep updating.
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Click to Enlarge Name: EURUSD Tradeseeker 21.10.2013.PNG Size: 41 KB
Click to Enlarge Name: gbpusd-tradeseeker-18.10.2013.png Size: 21 KB
Price Action + KISS + PIE = Forex-Entourage
  • #845,427
  • Oct 21, 2013 2:23am Oct 21, 2013 2:23am
Quoting Magicmen
Wat makes EU fall like this? I don't see any news
your zoomed in chart

its not big fall it's just 15 pip for London open, i had same reaction on first impression
Mohan
  • #845,428
  • Oct 21, 2013 2:24am Oct 21, 2013 2:24am
Quoting pipsane
Monday price action analysis for #EURUSD and #GBPUSD: We usually like to watch market situation to develop further on Mondays and do not rush to trade. Advice on EURUSD is to see how price action develops around 1.3700-1.3710 level and search for a short position there. Trading with trend and sentiment is usually a better and easier way to achive quick profit so we will watch price action at 1.3646 – 1.3658 zone as a first place to join the uptrend. Meaningful break of that zone will start a corrective move towards 1.3600-1.3580. On Monday during...
fair assessment...ps i'm already short sm...eu's
  • #845,429
  • Oct 21, 2013 2:25am Oct 21, 2013 2:25am
Quoting ill_be_back
{quote} Exactly the opposite
Just a bit too tight SL (should be 65), but in general the uptrend is about to continue
  • #845,430
  • Oct 21, 2013 2:26am Oct 21, 2013 2:26am
Quoting nasko
{quote} Just a bit too tight SL (should be 65), but in general the uptrend is about to continue
so did u get stopped out or are still long ?
  • #845,431
  • Oct 21, 2013 2:26am Oct 21, 2013 2:26am
Quoting TraderPablo
{quote} u rascal
I`m chinese pirate.
  • #845,432
  • Oct 21, 2013 2:27am Oct 21, 2013 2:27am
Quoting kuroro001
{quote} I buy bikes...Cheaper
You use bikes instead of cars, air planes etc? hats off!
  • #845,433
  • Oct 21, 2013 2:30am Oct 21, 2013 2:30am
Quoting Vitez
{quote} You use bikes instead of cars, air planes etc? hats off!

he is in Paris bike more practical than CAR
Mohan
  • #845,434
  • Oct 21, 2013 2:31am Oct 21, 2013 2:31am
Quoting TraderPablo
{quote} so did u get stopped out or are still long ?
Still Long
  • #845,435
  • Oct 21, 2013 2:33am Oct 21, 2013 2:33am
Quoting nasko
{quote} Just a bit too tight SL (should be 65), but in general the uptrend is about to continue
I think it's just going to range around here with a litle bit on the down side to sucker in people to short before shooting up during NFP tomorrow
A good trader follows his rules, but great trader knows when to break them
  • #845,436
  • Oct 21, 2013 2:33am Oct 21, 2013 2:33am
Quoting entheos
{quote} I`m chinese pirate.
u live on the coast?
  • #845,437
  • Oct 21, 2013 2:35am Oct 21, 2013 2:35am
Quoting nasko
{quote} Still Long
k hope it works out for U...where ru planning to take profit(s) ?
  • #845,438
  • Oct 21, 2013 2:35am Oct 21, 2013 2:35am
Quoting mohan76
{quote} your zoomed in chart its not big fall it's just 15 pip for London open, i had same reaction on first impression
Thats right. Just 15 pips but then the way it fell, I tought I would hit 1.3619 Not giving me a chance to short
  • #845,439
  • Oct 21, 2013 2:37am Oct 21, 2013 2:37am
Quoting TraderPablo
{quote} k hope it works out for U...where ru planning to take profit(s) ?
Difficult to say from now- Follow price action along the way. Otherwise around 1.3720 (possibly earlier)
  • #845,440
  • Oct 21, 2013 2:38am Oct 21, 2013 2:38am
Time to go LONG G/U

S/L 1.6160
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