Rating: Full Star Full Star Full Star Full Star Empty Star
EUR/USD
Previous 1 2 3 4 5 6 7 8 .. 803 Next
Chikot

Member Since Jan 14, 2010  2299 posts Chikot Jul 12 2012 at 09:02
Yes, support looks broken, the longer it breaks it the harder it falls most of the time.

chloenicole

Member Since Jul 02, 2012  5 posts chloenicole Jul 12 2012 at 11:00
yeah,support now is broken. the downtrend resumes for eur/usd. usd/chf uptrend resumes.

James_Bond

Member Since Jan 14, 2010  556 posts James_Bond Jul 12 2012 at 12:08

   chloenicole posted:
   yeah,support now is broken. the downtrend resumes for eur/usd. usd/chf uptrend resumes.


The market is still very cautious and moving slowly although I believe the trend will strengthen in a few days time. A bit of more bad news for the euro should do it smiley.

Mars30

Member Since Apr 12, 2012  155 posts Vlad (Mars30) Jul 12 2012 at 12:28
eur/usd start up 1.2150-00 target- min 2750-2800......
usd/chf start down 99.00-15

James_Bond

Member Since Jan 14, 2010  556 posts James_Bond Jul 12 2012 at 15:05

   Mars30 posted:
   eur/usd start up 1.2150-00 target- min 2750-2800......
usd/chf start down 99.00-15


You think it's going to bounce off? Do you have some charts to support your theory?

Chikot

Member Since Jan 14, 2010  2299 posts Chikot Jul 12 2012 at 16:13
yes, so far not a clue about reversal. it might be going slow but slow moves often turn violent.

stevewalker

Member Since Jun 06, 2012  1439 posts stevewalker (stevewalker) Jul 12 2012 at 18:43
E/U will start sideways market on daily chart.


Trade the Trend, Defend to Price!
Chikot

Member Since Jan 14, 2010  2299 posts Chikot Jul 12 2012 at 20:15
it can do whatever it can do. no one knows. can go side way, can break and go down., can retrace and then drop and break through. can reverse. 4 options.

stevewalker

Member Since Jun 06, 2012  1439 posts stevewalker (stevewalker) Jul 12 2012 at 20:20
it had moved >2000 pips and generated good profit. time to take it back.wink
sideways
time to stop E/U trading for sometimes.


   Chikot posted:
   it can do whatever it can do. no one knows. can go side way, can break and go down., can retrace and then drop and break through. can reverse. 4 options.

Trade the Trend, Defend to Price!
stevewalker

Member Since Jun 06, 2012  1439 posts stevewalker (stevewalker) Jul 12 2012 at 20:22
from BT results, after a good profit, loosing period always follows. what ever the strategy is

Trade the Trend, Defend to Price!
Previous 1 2 3 4 5 6 7 8 .. 803 Next
Business Climate (43 seconds)
USD/CAD clings to strong gains at fresh ...(15 min ago)
EURUSD 1.08676 GBPUSD 1.27972
USDJPY 110.194 USDCAD 1.35581
FxPro

Tools

Community

Reviews

Brokers

Platform

Support


Twitter |  Facebook |  Site Map  |  Terms  |   Privacy Policy
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.