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EURUSD

  • #907,301
  • Jun 27, 2014 5:02am Jun 27, 2014 5:02am
EURUSD couldn't sustain the descending trend line breakout, given yesterday, and consequently fell below 1.3610 level. From the current level, horizontal supports near 1.3600, 1.3580 and 1.3545 can become near term rests for the pair while on the upside, a sustained trading above 1.3620 can lead it towards 1.3650, 1.3675 and 1.3730.

Absence of important economic indicators may well support the dormant markets today.
Attached Image (click to enlarge)
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  • #907,302
  • Jun 27, 2014 5:11am Jun 27, 2014 5:11am
Quoting MaxDoom
{quote} if it breaks 36 I will look for a bottom test of 357x

OH come onnnnnnnnnn MD bring this fucker down already it's the end of the month and I don't like that 1k minus
  • #907,303
  • Jun 27, 2014 5:11am Jun 27, 2014 5:11am
Quoting Fx_Anil
EURUSD couldn't sustain the descending trend line breakout, given yesterday, and consequently fell below 1.3610 level. From the current level, horizontal supports near 1.3600, 1.3580 and 1.3545 can become near term rests for the pair while on the upside, a sustained trading above 1.3620 can lead it towards 1.3650, 1.3675 and 1.3730. Absence of important economic indicators may well support the dormant markets today. {image}
Good morning FX_anil

I have re-posted your chart below. I would like to know if where I placed the arrows is where you had your descending line Prior to NFP (The big spike on the chart was that of the NFP release) Depending on your answer, I will have more questions for you.

Attached Image
Banks scalp, why don't you?
  • #907,304
  • Jun 27, 2014 5:12am Jun 27, 2014 5:12am
Daily Forex Trading Outlook

Correction: Should say 1.3650 is top of the range and notice the power of the '50" levels: 1.3650, 101.50, 1.7050, 2.50% in US 10-yeaqr bond

EURUSD 1.36 yet to trade today

Inserted Video
  • #907,305
  • Edited 5:42am Jun 27, 2014 5:21am | Edited 5:42am
Quoting Baby Yusuf
{quote} The quote & the chart is from Trading Central which is released normally about every hour or so.

OK, I get them as dynamic 24 hour number close enough.

Edit: Nope , discard 24 hour number, it need more research to fit those numbers
  • #907,306
  • Jun 27, 2014 5:37am Jun 27, 2014 5:37am
As it is Friday and getting later and later I think it is better for me to stay out of trades for today and maybe Monday (EOM) cause I have not seen anything useful for me.

PA can do anything at this point. So good luck for all that are already in trades.
  • #907,307
  • Jun 27, 2014 5:39am Jun 27, 2014 5:39am
Quoting Vachus
I ... see ... many... happy... bears, celebrating the retrace i guess?! Allow me to give a helping hand.
I think you need a new nick name "Old Thrashbarg"
"Don't get caught trading wheat in the corn pit"
  • #907,308
  • Jun 27, 2014 5:47am Jun 27, 2014 5:47am
Quoting WillyWonka
{quote} I think you need a new nick name "Old Thrashbarg"
Embrace u r self brother, so as Bob will will show his mighty sandwich power - if only the hourly close above 1.36100 level ..
"It's the Margin, Stupid."
  • #907,309
  • Jun 27, 2014 5:51am Jun 27, 2014 5:51am
Quoting CholiPop
{quote} Good morning FX_anil I have re-posted your chart below. I would like to know if where I placed the arrows is where you had your descending line Prior to NFP (The big spike on the chart was that of the NFP release) Depending on your answer, I will have more questions for you. {image}
Good Morning Cholipop,
I Drew this descending trend line yesterday only; hence, prior to NFP it was non-existent.
  • #907,310
  • Jun 27, 2014 6:00am Jun 27, 2014 6:00am
I'm still long on EUR/CAD.
Attached Image (click to enlarge)
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Banks scalp, why don't you?
  • #907,311
  • Jun 27, 2014 6:01am Jun 27, 2014 6:01am
Quoting Fx_Anil
{quote} Good Morning Cholipop, I Drew this descending trend line yesterday only; hence, prior to NFP it was non-existent.
Thank you so much for taking the time in responding to my question. I would like to know at what point do you change those lines?
Banks scalp, why don't you?
  • #907,312
  • Jun 27, 2014 6:02am Jun 27, 2014 6:02am
Quoting Vachus
{quote} Embrace u r self brother, so as Bob will will show his mighty sandwich power - if only the hourly close above 1.36100 level ..

What we need is a Pikka bird
"Don't get caught trading wheat in the corn pit"
  • #907,313
  • Jun 27, 2014 6:06am Jun 27, 2014 6:06am
Quoting milam
{quote} ok, I am viewing the 10m tf atm........if she makes an LH...she can go down to 3580ish....
whet short at the false BO and a BO, risked 10 pips (1%), made 7.

Enough for me, I cannot trade more than 4 hours per day......ta
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Wherever you go, there you are.
  • #907,314
  • Jun 27, 2014 6:08am Jun 27, 2014 6:08am
Quoting CholiPop
I'm still long on EUR/CAD. {image}
Closed
Attached Image (click to enlarge)
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Banks scalp, why don't you?
  • #907,315
  • Jun 27, 2014 6:09am Jun 27, 2014 6:09am
Quoting Vachus
I ... see ... many... happy... bears, celebrating the retrace i guess?! Allow me to give a helping hand.
morning chap...

as I know you enjoy and that you missed http://www.forexfactory.com/showthre...33#post7565833
  • #907,316
  • Jun 27, 2014 6:11am Jun 27, 2014 6:11am
Quoting MaxDoom
{quote} morning chap... as I know you enjoy and that you missed http://www.forexfactory.com/showthre...33#post7565833
Morning Max, this is the first thing i checked in the morning ... it is really funny! ( The funniest of them all, was " Attempting a short squeeze")
"It's the Margin, Stupid."
  • #907,317
  • Jun 27, 2014 6:13am Jun 27, 2014 6:13am
Quoting CholiPop
{quote} Thank you so much for taking the time in responding to my question. I would like to know at what point do you change those lines?
Thanks for your complements. I can't tell exactly when i do change the lines. Pardon the inconvenience.
  • #907,318
  • Jun 27, 2014 6:24am Jun 27, 2014 6:24am
Quoting CholiPop
{quote} As a matter of fact I am. Cholipop refers to a Chola (Latina who is either white or Indian) who loves pop music. I'm more on the tanned side, but Chola none the less.

Ahhhhh, fine (do not tell my girlfriend)
  • #907,319
  • Jun 27, 2014 6:25am Jun 27, 2014 6:25am
Well you guys, have a wonderful friday. Enjoy your weekend as well. I am done for the week, and that EUR/CAD trade worked out perfectly. I got out at 1.45549 and the price is now at 1.45624 hahaha. Would of been great to have held a bit longer, but 108 dollars profit is pretty good.

See yah

**CyberKissesForEveryone**
Banks scalp, why don't you?
  • #907,320
  • Jun 27, 2014 6:27am Jun 27, 2014 6:27am
Quoting infinitus
{quote} Ahhhhh, fine (do not tell my girlfriend)
Don't worry. Soy traviesa. I won't tell if you promise not to either.

**SqueezesYourBum**

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Banks scalp, why don't you?
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