150206EURUSD:
nice trade done from a RT: gain some 140pips+
I guess the ride down is not over yet
nice trade done from a RT: gain some 140pips+
I guess the ride down is not over yet
Yvon
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Disliked{quote} Great stuff Yvon (as usual!) Im loaded up long on the EurUsd at the moment, looking at the Dollar Index it looks set for a move to the 89sma in the 4h having broken the 21ema and pulled back. Looks like the could be a bit of a snap back in the Eur/Usd up to the 1.15412 level perhaps Looking for break of 30 min and pull back to confirm it. I will also look to add to it there as well. What's your view of this the moment? Thanks {image}Ignored
DislikedAUDUSD Value your input on this. Is this pair set to go further south? {image}Ignored
Disliked{quote} AUDUSD: That pair has been in consolidation for quite some time now. Fundamentally the USd is getting better,(my view) and on the daily chart some tails pushing the price down can be seen. Technically longer the consolidation greater the range will be when this will break. So looking lower for that pair is in the cards but it is not broke yet. The 8 and the 21ema are kind of flat, price could still go both side of the consolidation. the 3 bumps or sisters are low momentum, so is it strong enough to pull that pair out of consolidation? on...Ignored
Disliked{quote} YVON, Please see chart below. Price has moved passed and closed below the TL. Is it time to pull the trigger? How would you enter this one?{image}Ignored
Disliked{quote} Nic73, AUDUSD: Sorry for being late answering your question. I just saw it. But I guess my view on the pair AUDUSD I just wrote on post 28752 could help you about the direction of the pair. As you can see, most of the time I look for history about a pair, I am not always right, but it gets better on the way. In this case, the history helps me a lot while the 4hrs macd strategy confirms the trade. The strategy supplies the appropriates instruments to get the least pain for the patient on the operating table! The history starts by observing...Ignored
DislikedAudusd: On the monthly we can see the break , the pull back( making a RT at the same time) and the move away. A Head and Shoulders can be seen also. The right shoulder made a TC, making a divergence between the shoulders at the same time. The target, by the rule is way down at the last dip on the left. Could it reach that level? Why not! But for sure it couldnt make it in few minutes! On the 4hrs chart: again there is 3 RT, the last one is also the right shoulder. A divergence also can be seen, expecting a possible move down. At point A: already...Ignored
Disliked{quote} YVON, Re: post 28752 - where was your entry in this trade..... after the pull back or after price breakout from the TL? {image}Ignored