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EURUSD

  • #1,060,541
  • Mar 7, 2016 9:19pm Mar 7, 2016 9:19pm
Quoting rotaGUF
{quote} Price retraced and tested the breakout from the bear channel. Any1 getting ready for the second leg up?
The market alternates between trending (spike) and ranging. We just entered ranging right now. Need to break 1.1040 to go into another spiky phase.


Price action rules. Lol
I trade with my feet
  • #1,060,542
  • Mar 7, 2016 9:26pm Mar 7, 2016 9:26pm
The equity market is gonna drop again.

Price action rules and I trade with my feet. Lol
I trade with my feet
  • #1,060,543
  • Mar 7, 2016 9:28pm Mar 7, 2016 9:28pm
Quoting rotaGUF
{quote} The market alternates between trending (spike) and ranging. We just entered ranging right now. Need to break 1.1040 to go into another spiky phase. Price action rules. Lol
Ranging?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.jpg Size: 54 KB
  • #1,060,544
  • Mar 7, 2016 9:35pm Mar 7, 2016 9:35pm
Quoting PennyPiles
{quote} Ranging? {image}
Look back two weeks 4hrs chart.
I trade with my feet
  • #1,060,545
  • Mar 7, 2016 9:41pm Mar 7, 2016 9:41pm
Quoting rotaGUF
{quote} Look back two weeks 4hrs chart.
You meant that rubbish?
Attached Image (click to enlarge)
Click to Enlarge Name: rubbish.jpg Size: 110 KB
  • #1,060,546
  • Mar 7, 2016 9:45pm Mar 7, 2016 9:45pm
Quoting PennyPiles
{quote} You meant that rubbish? {image}
Those bars define a range.
I trade with my feet
  • #1,060,547
  • Mar 7, 2016 9:52pm Mar 7, 2016 9:52pm
Quoting rotaGUF
{quote} Those bars define a range.
When the market enters a range it stays in the range for a while and bulls and bears fight each other to get out of the range.

Price action rules. And I trade with my feet. Lol
I trade with my feet
  • #1,060,548
  • Mar 7, 2016 9:52pm Mar 7, 2016 9:52pm
Well, which one could be the bitch that ruined the party? Oh, and don't mind that arrow... I copied an older image and did not cut that one out.
Attached Image
  • #1,060,549
  • Mar 7, 2016 10:03pm Mar 7, 2016 10:03pm
Quoting rotaGUF
{quote} Those bars define a range.
Any1 wanting to publsh 1000 levels in a trading range? Lol.
I trade with my feet
  • #1,060,550
  • Mar 7, 2016 10:05pm Mar 7, 2016 10:05pm
Quoting rotaGUF
{quote} Any1 wanting to publsh 1000 levels in a trading range? Lol.
What are you talking about. There are only two levels in a trading range, the support and the resistance.
I trade with my feet
  • #1,060,551
  • Mar 7, 2016 10:09pm Mar 7, 2016 10:09pm
Quoting rotaGUF
{quote} What are you talking about. There are only two levels in a trading range, the support and the resistance.
And those two levels define the boundary of the trading range. Anyone talking about 2000 levels in a trading range is talking shit.

Price action rules and I trade with my feet. Lol
I trade with my feet
  • #1,060,552
  • Mar 7, 2016 10:12pm Mar 7, 2016 10:12pm
By for now. Leave fun for you guys.

Price action rules. Lol
I trade with my feet
  • #1,060,553
  • Mar 7, 2016 10:14pm Mar 7, 2016 10:14pm
Quoting PennyPiles
{quote} Ranging? {image}
Bars 9-10 to the left show barb wire, so yes, it is ranging.
If you are good at something, never do it for free--Joker
  • #1,060,554
  • Mar 7, 2016 10:18pm Mar 7, 2016 10:18pm
Quoting jmn5611
{quote} Bars 9-10 to the left show barb wire, so yes, it is ranging.
1.09989 and 1.10201?
  • #1,060,555
  • Mar 7, 2016 11:20pm Mar 7, 2016 11:20pm
Quoting KiwiTrada
{quote} nope that was stopped out,, have 3 entries still live, trading 4hr and dailly looking for entry 1hr, last 6hrs have built equilateral triangle, compressed in between ma,s looking for another leg down would appear a few people got caught in the bull trap GU last night, usd took a little spanking across the board, personally I think it was pretty obvious
swissy testing lows maybe another leg south seems to be about every 6hrs
If you are new to Forex? Say Goodbye to your account!!
  • #1,060,556
  • Mar 7, 2016 11:26pm Mar 7, 2016 11:26pm
Quoting gatorinla
{quote} brent almost hit target 41.13.. not sure about 56.xx atm.. 14.11 is live and well {image}
yepz , thanks for that... I am watching it too

Quoting KiwiTrada
{quote} swissy testing lows maybe another leg south seems to be about every 6hrs
swissy PA is crazy most of the times , it does stay in the range and changing the range area by ONE candle to somewhere else ...
  • #1,060,557
  • Mar 7, 2016 11:40pm Mar 7, 2016 11:40pm
Waiting for 1.103x reaction I may short before LON open with tight SL
  • #1,060,558
  • Mar 7, 2016 11:51pm Mar 7, 2016 11:51pm
A drop below the 1.1000 level on the EURUSD could take the pair to the 1.0900 level.
  • #1,060,559
  • Mar 7, 2016 11:59pm Mar 7, 2016 11:59pm
At this point picture is unclear for eu.

It has room for up movement, if it will go up then next checkpoint is 1.1070.

BUT! Market changes every second, so perspective can change within no time.
  • #1,060,560
  • Mar 8, 2016 12:05am Mar 8, 2016 12:05am
Quoting Raa
Market changes every second, so perspective can change within no time.
When opportunity comes you have to take it, mr market waits for no man.
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