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  • #903,681
  • Jun 9, 2014 3:23pm Jun 9, 2014 3:23pm
I really wonder what will move E/U this week as we have rare news and pretty solid support and resistance.

Although I was expecting 1.3560-80 this was not for today, but hey, it is behind us now.

Will we rise from here or from 1.3560?

I expect a solid rise but canīt tell you why. Graphics are telling me it has to be so.
  • #903,682
  • Jun 9, 2014 3:24pm Jun 9, 2014 3:24pm
Quoting theodoros1
Guys here are two simple questions. Where you think Eur.USD will be till friday and is the 1,3685 the bottom for this week ? I would gladly hear everyones opinion. Concerning @hoom, 60% of the investors here have gone long now. Earlier today the numbers was 50/50%. So i assume that worldwide many people follows the change in trend.
people enter long and short at different prices for different reasons difficult to establish any fact from a percent long or short. Some will be in for a scalp others for the long haul.
  • #903,683
  • Jun 9, 2014 3:27pm Jun 9, 2014 3:27pm
thanks for the reply. lets see what will happen tomorrow.
  • #903,684
  • Jun 9, 2014 3:28pm Jun 9, 2014 3:28pm
Quoting fxnewbie922
what is the indicator that you guys usually use? i'm new, and i fail some money in forex. looking to the improvement. any guys can give me some suggestion where i should start from now? =)
Gidday FX

You should start with a micro account

one chart

Take pending orders from the 4 hour chart

Sell at the top,buy at the bottom etc

Run the demo to see if you can make any money at all.

Most traders lose money over time.

Setting targets an goals etc

Even a steady $20 bucks a day is a pattern.

Leverage is the killer an can blow all your hard work down the toilet.

This week I joined a trading group of people who do this full time.

I can not reach the next level,which is regular earnings.

Maybe you should do the same before you lose any more money:nerd:
  • #903,685
  • Jun 9, 2014 4:10pm Jun 9, 2014 4:10pm
Quoting Vachus
Call it a buy, or still too early?! IDK, it's still Monday
Ah, call it a buy, as long as $1.3580 stands ...
"It's the Margin, Stupid."
  • #903,686
  • Jun 9, 2014 4:14pm Jun 9, 2014 4:14pm
Quoting gatorinla
{quote} getting close now near 4511.. if i was going to take it, and idis were my thing. i would be looking hard near now/4511... i do expect 4138/90 but she still can bounce this smaller set up before 4726 and still may get to 54xx.. with it so bearish and all, i think i may take a small Long near 4511 its just a few pips to get s/o with a shot at 200.. i am not sold on a long here. so my risk to reward at 1 to 20/40+ is one i may not mind so much. For NavK

Yeah, noting it. Although I am already on it.
Intraday only.
  • #903,687
  • Jun 9, 2014 4:38pm Jun 9, 2014 4:38pm
Quoting Vachus
{quote} Ah, call it a buy, as long as $1.3580 stands ...
Even if it breaks...it might be just a stop loss hunt spike, before 1.37+.
Everyone can see the chart, but only a few can actually read it.
  • #903,688
  • Jun 9, 2014 4:40pm Jun 9, 2014 4:40pm
Generally, the price tends to go opposite what Retailers think.
Intraday only.
  • #903,689
  • Jun 9, 2014 4:41pm Jun 9, 2014 4:41pm
Quoting JimmyC
{quote} {image} EU... Not so much a bull festival anymore... {image}
Your chart is pointing to 1.41 to me, funny how 2 people can read the same chart totally different.
Everyone can see the chart, but only a few can actually read it.
  • #903,690
  • Jun 9, 2014 4:41pm Jun 9, 2014 4:41pm
Quoting navk
Generally, the price tends to go opposite what Retailers think.
And it breaks barriers, when noone expects it to happen anymore.
Everyone can see the chart, but only a few can actually read it.
  • #903,691
  • Jun 9, 2014 4:44pm Jun 9, 2014 4:44pm
Quoting Vachus
{quote} Ah, call it a buy, as long as $1.3580 stands ...

3580 is key level for now for bulls and bears
If you are new to Forex? Say Goodbye to your account!!
  • #903,692
  • Jun 9, 2014 4:46pm Jun 9, 2014 4:46pm
Quoting OnlineAddict
{quote} Even if it breaks...it might be just a stop loss hunt spike, before 1.37+.
That would depend on how it breaks it, but i'm expecting it to hold from now till much higher levels ...on the Daily chart, we are in reversal mode - so, IMO we are no longer talking about buying momentum building, it's already there! The question is, where it will reverse from?! But, in any case we will see ...
"It's the Margin, Stupid."
  • #903,693
  • Jun 9, 2014 4:48pm Jun 9, 2014 4:48pm
Quoting Vachus
{quote} That would depend on how it breaks it, but i'm expecting it to hold from now till much higher levels ...on the Daily chart, we are in reversal mode - so, IMO we are no longer talking about buying momentum building, it's already there! The question is, where it will reverse from?! But, in any case we will see ...
I'm still seeing 1.40+, but I seem to be the only one here.
Everyone can see the chart, but only a few can actually read it.
  • #903,694
  • Jun 9, 2014 4:51pm Jun 9, 2014 4:51pm
True, the momentum has started last Thursday and now it is in the process of retracement.

But Imagine, once the price fell below 1.3550....

It is not far away .... I notice one thing... the price failed thrice at 1.3670..

So unless it breaks 3670, 3730 is only in our minds.
Intraday only.
  • #903,695
  • Jun 9, 2014 4:52pm Jun 9, 2014 4:52pm
Quoting KiwiTrada
{quote} 3580 is key level for now for bulls and bears
I would say more for the Bulls than the bears, .. but in any case, i would say it's worth the risk! The minimum target - If it holds, at least $1.365 if not higher
we will see
Attached Image (click to enlarge)
Click to Enlarge Name: VkKLeruf.png Size: 33 KB
"It's the Margin, Stupid."
  • #903,696
  • Jun 9, 2014 4:56pm Jun 9, 2014 4:56pm
Quoting Leijenberg
feeling tempted to close shorts and switch sides..

Judas
KEEP CALM AND CARRY ON SHORTING
  • #903,697
  • Jun 9, 2014 5:08pm Jun 9, 2014 5:08pm
Quoting Thirsty
{quote} Judas
1/2 Judas... only closed short position, i'm waiting to see what happens
K.I.S.S.
  • #903,698
  • Jun 9, 2014 5:14pm Jun 9, 2014 5:14pm
My trade if at all I trade in EURUSD will be to short around 1.3600/05 for a target of 1.3550.

This is for today.
Intraday only.
  • #903,699
  • Jun 9, 2014 5:16pm Jun 9, 2014 5:16pm
Italian Spanish bonds have lower rates then u.s. a wtf seems to be in the near future. time line is unknown hour, week, month. last weeks candle was a wtf candle.. today's close was a .00006 pips above the last nearest level close. the lowest daily close this month atm, engulfing thursdays
those who can, do. those who cant, talk about those who can
  • #903,700
  • Jun 9, 2014 5:20pm Jun 9, 2014 5:20pm
Gator, I might close euraud longs, I favor shorting them around 1.4550/60

Let us see.

I dunno you follow pivot points but I follow. It is bearish and the close for today is below pivot.

I expect the price to retrace close to pivot and then down. Today's pivot is 1.4557


There is AUD news at 21.30 EST, if AUD falls, I will change my bias for EURAUD long
Intraday only.
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