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  • #920,521
  • Aug 29, 2014 8:35am Aug 29, 2014 8:35am
possible support at 3140.. took some off.. reload a possible 3180 bounce
those who can, do. those who cant, talk about those who can
  • #920,522
  • Aug 29, 2014 8:36am Aug 29, 2014 8:36am
3140 is 1/4 way to 2792.6
those who can, do. those who cant, talk about those who can
  • #920,523
  • Aug 29, 2014 8:37am Aug 29, 2014 8:37am
Bearish month again € gradually sinking 4th month in a row. 1May, 2June, 3July ,4August.
  • #920,524
  • Aug 29, 2014 8:37am Aug 29, 2014 8:37am
Quoting Devonsent
{quote} I've got a short in from 3180 and a TP at 3130 but I might just close it out in a second anyway . . . no balls and it's just failing to make a LL on the 5M chart . . Not closed yet . . . . . . . . keep going girl¬!
Lost me bottle and closed at 3150 for +30.
Makes a wonderful change this week as too many have gone under water and been stopped out so I'm pleased to end the week on a bonus!
Cheers all
  • #920,525
  • Aug 29, 2014 8:37am Aug 29, 2014 8:37am
EJ Short M30
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A good trader follows his rules, but great trader knows when to break them
  • #920,526
  • Aug 29, 2014 8:39am Aug 29, 2014 8:39am
Quoting Magicmen
{quote} I am damn sure it will go up

Yep

When is it most difficult to answer.
  • #920,527
  • Aug 29, 2014 8:41am Aug 29, 2014 8:41am
Quoting Vachus
Well, there is a trade on EURUSD - buying on a new LL 1.315 and target 100 pips up ( filling the gap) .. the stop loss is going to be a bit tricky, but i wouldn't risk more than 20!
I haven't taken this trade yet, too early to tell
"It's the Margin, Stupid."
  • #920,528
  • Aug 29, 2014 8:41am Aug 29, 2014 8:41am
Quoting Walz
Bearish month again € gradually sinking 4th month in a row. 1May, 2June, 3July ,4August.
Maybe you can put more 2 or 3 Months there...
  • #920,529
  • Aug 29, 2014 8:44am Aug 29, 2014 8:44am
Quoting Pip_Warrior
I see a lot of people on this thread have been bearish. I've been bullish and been wrong for weeks. I have some trades underwater at the moment and I have held the belief that the EUR/USD is oversold (based off of the RSI on multiple TFs). Can anyone help me understand the current view of this pair and what to expect in the future? I'm not looking for a trading alert, just advice. I will say if anyone sees this going up at some point in time, please tell me.
In the absence of any of those who REALLY have a good idea of what they're doing, Magic, can I say that it woud probably need a Daily close above around 3220 to see a change in direction. However, long term, it could wellbe on its way down to 2300 if it follows the pattern over the past few years. Couple that with the fact that Draghi wants a weaker Euro anyway and the signs don't look good for Bulls - long term.
  • #920,530
  • Aug 29, 2014 8:44am Aug 29, 2014 8:44am
And another LOW
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A good trader follows his rules, but great trader knows when to break them
  • #920,531
  • Aug 29, 2014 8:45am Aug 29, 2014 8:45am
funny shit.. 4 months later..
those who can, do. those who cant, talk about those who can
  • #920,532
  • Aug 29, 2014 8:46am Aug 29, 2014 8:46am
Quoting gatorinla
possible support at 3140.. took some off.. reload a possible 3180 bounce

Possible support at 3140 i agree... but in the opening can fall to 1.30...
  • #920,533
  • Aug 29, 2014 8:51am Aug 29, 2014 8:51am
EURUSD
Long here
We watch the charts from every angle so you don't have to!!
  • #920,534
  • Aug 29, 2014 8:52am Aug 29, 2014 8:52am
3157/58 is the last 16th left to 3102.
those who can, do. those who cant, talk about those who can
  • #920,535
  • Aug 29, 2014 8:54am Aug 29, 2014 8:54am
Quoting Thebullone
{quote} Possible support at 3140 i agree... but in the opening can fall to 1.30...
just a possible bounce to me.. a minor level within the larger 3256/2792..
i posted 3180 for the obvious. better is 3198/3204.. even 3213 is still working
those who can, do. those who cant, talk about those who can
  • #920,536
  • Aug 29, 2014 8:55am Aug 29, 2014 8:55am
Quoting pedro319
EURUSD Long here
Why do you say that, Pedro?

Thank you for the feed back. I will be looking at this thread more often and hopefully contributing more in the future than my own problems and fears lol

Best to all!
Do what you are afraid to do -Emerson
  • #920,537
  • Aug 29, 2014 8:58am Aug 29, 2014 8:58am
Quoting Ken A
{quote} If RSI don't work in all market condition then it's time to look for something that will work .........
I agree, but I have been looking at a long term trade that has technically not been invalidated. But neither am I convinced at this point it will work. However, I have waited out storms like this before and been fine.

Also, I believe no single indicator works perfectly in any market condition, and none work better than patience, flexibility and creativity.
Do what you are afraid to do -Emerson
  • #920,538
  • Aug 29, 2014 8:59am Aug 29, 2014 8:59am
http://www.zerohedge.com/news/2014-0...d-forecast-120
  • #920,539
  • Aug 29, 2014 9:03am Aug 29, 2014 9:03am
wow even atm monthly level 2 can also be broken


what the hell is this
  • #920,540
  • Aug 29, 2014 9:03am Aug 29, 2014 9:03am
Quoting Dano12
http://www.zerohedge.com/news/2014-0...d-forecast-120
I don´t trust so much in Goldman Sachs

Better wait for real Signs

But this is another reason to give a down push...
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