EURUSD

Quoting KiwiTrada

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{quote} sorry thirsty clicked wrong quote thingy, anyway, have a look at weekly eu shes actually pierced the ltl of a pretty tidy falling wedge, if chuck on a 200 and 50sma I just use for price averages, she actually in process of rolling out of the 200, fukit I will get a clean chart is easier then trying explain

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Quoting giveachance

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{quote} last friday's was. it came on back of one decent news fron Nato and things like that will happen. 3460-3520 is area for reserve managers and they are holding it tight.

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Quoting KiwiTrada

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weekly eu right now bulls are in charge, but bears are making their move from 1 3994 - 3400, the wedge is bullish, but the pierce thru the ltl is bears on a mission, the ma,s saying bullish with the cross, so if the wedge plays out it has targets of 2619 if the bo requires a retest, this would align with the 50sma and rising ltl 3596ish last weeks low is still being targeted them maybe plllllllllloooooooooooooooop {image}

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Quoting NoCoolNick

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{quote} 3380 is very far away now?! but some profittaking until NY could get you there, seems unlikely to be honest

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Quoting Rockerzeus

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{quote} It is a sad news, Very talented person passed away. RIP

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Quoting nessus94

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{quote} A lot of people must be buying in here, in the hope of a move up. NY should most likely make things worst for bulls, to 1,3280/90, unless they fake a drop. It could sign the end of bears for a few days

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Quoting Ck87

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fake move to downside probably come… then back up here later… Wait a bit longer

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Quoting Thirsty

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{quote} That's OK KiwiTrada. I'm in short since 1,34 with a TP of 1,3266... but when i look to the daily stochastic, RSI & MACD I do get a bit worried... Aldo I never know exactly which time frame should I consider in order to define the best entry point, I trend to look to the daily one. From the technical point of view, should I give more importance to the SMA's or to these 3 (stochastic, RSI & MACD)? Cheers.

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Quoting Magicmen

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{quote} If it goes up, the last stop for the day is 1.338+.

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Quoting LouiseZA

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Now I'm worried. In a short and have a sell order for 1.33450

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Quoting KiwiTrada

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{quote} need to use what you have most success with, I dont like indicators because they lag too much, I do use ma,s because they give me the exact average price on the spot, but good indication of why lagging indicators dont really help is "overbrough oversold can stay that way a long time enough to go broke, even ma,s they are only good for real time, back testing dosnt work, because what they are printing now, on 4hr will look a lot different in 2 or 3 days because they are always changing Ive tried all sorts of indis, over time their...

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