Dislikednow the issue is to keep the plan to sell from here or buy the break {image}Ignored
Wednesday will be THE day for GBP..
Sonic
- #69,382
- Apr 22, 2014 9:10am Apr 22, 2014 9:10am
- Joined Mar 2011 | Status: Pip Boy Wonder | 1,378 Posts
- #69,383
- Apr 22, 2014 9:16am Apr 22, 2014 9:16am
- | Commercial User | Joined Aug 2013 | 2,936 Posts
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
- #69,384
- Edited 9:34am Apr 22, 2014 9:20am | Edited 9:34am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} {quote} EURUSD: Let's see if the retrace ends up making another lower low....... {image}
Per first post.....
Now, with all the EUR and USD releases yet to come this week, let's see if this bounces or drops.....
Looks like we have an answer.....
- #69,386
- Apr 22, 2014 9:33am Apr 22, 2014 9:33am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Whatever is obvious is obviously wrong!"
- #69,387
- Apr 22, 2014 9:36am Apr 22, 2014 9:36am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Whatever is obvious is obviously wrong!"
- #69,389
- Apr 22, 2014 9:55am Apr 22, 2014 9:55am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Whatever is obvious is obviously wrong!"
- #69,392
- Apr 22, 2014 10:02am Apr 22, 2014 10:02am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
EURNZD - short opend H1 --- down but H4 & Weekly could up {image} {image} {image} thanks
Good posted trade. Nice clean charts and excellent aim at entry.
- #69,393
- Edited 11:56pm Apr 22, 2014 10:07am | Edited 11:56pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #69,394
- Apr 22, 2014 10:29am Apr 22, 2014 10:29am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU, quick 5m scalp +8.3 standard. Just my style in & out 
Keep It Simple
- #69,397
- Apr 22, 2014 10:54am Apr 22, 2014 10:54am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} I think we're on a retracement, as shown in the chart. And that is why I look for longs in EURUSD. {image}
We will see what happens when LC and NY has control! 
Keep It Simple
- #69,398
- Apr 22, 2014 11:02am Apr 22, 2014 11:02am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} 50% 4hr chart, possibly building longs below whole number
MMs moved price back above whole number on low activity so as to accumulate short orders above whole number. Price might now be supported by the MMs to suck in longs so the MMs have ongoing liquidity for accumulating short orders before the next London session. Time will tell.
- #69,399
- Edited 11:17am Apr 22, 2014 11:05am | Edited 11:17am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} EURUSD: MMs moved price back above whole number on low activity so as to accumulate short orders above whole number. Price might now be supported by the MMs to suck in longs so the MMs have ongoing liquidity for accumulating short orders before the next London session. Time will tell. {image}
Yep, point taken. Do you agree regarding retrace to fib levels? And we did agree that MM's like to play to the 200 ema. (oops said I would not mention, my bad) Just my take
50% 4hr chart, possibly building longs below whole number. IMO, I find that usually if price breaks 61.8% fibs, signal for possible trend reversal but if not just a retrace.
We will see what happens when LC and NY has control! 
Keep It Simple
