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sherifFares
Aug 21 2014 at 07:04
454 posts
the price keep breaking all support levels i don't see a reason for correction or rebound

pramodwick
Aug 21 2014 at 07:05
41 posts
now EU too much fallen.. Euro Must be strong or USD must weak.
after today there are news releases.guys whats your ideas???
im totaly confused.

Wivilson (Wivilson)
Aug 21 2014 at 07:06
49 posts
Yo sigo creyendo que el mismo tiene que subira! Debe de hacer reset a zonas importantes, pero esperemos a ver y si no bueno somos trader.

PERPETUUMMOBILE (PERPETUUMMOBILE)
Aug 21 2014 at 07:07
136 posts
On August 14. I posted a simple ledge entry signal (daily chart) with a precise entry price -- sell at 1.3334 (-1 pip) -- with a short-term goal near 1.3270 and a long-term goal near 1.3150. Nobody commented on my posting, so I assume that nobody traded it.
Long-term charts are relatively easy to trade, and open positions require very little maintenance.
Learn the 'language of the charts' and take the guessing out of the game.



"a little bit of knowledge is a dangerous thing"
TopFXshark
Aug 21 2014 at 07:07
3 posts
We will see.
IMHO - here is dip to USD... in many currencies. So pretty good place for bull's to correction on USD.
I wrote about 1.3250 (here was a lot of take profits quite big players...)

See - How Price react in this area.
1.Shorter wave,
2. 23 pips spike from 1.3241 to 1.3264
... so It could be a dip - or a dip could be close.
Also GBPUSD - in the night(for Europa) - first lost several pips - now rebuy it quickly.


New day/week - brings new opportunities.
pramodwick
Aug 21 2014 at 12:55
41 posts
victoriajensen
Aug 21 2014 at 13:32
1117 posts
I think that after the rebound ends EUR will keep falling, though how low it will go is uncertain at this point.

beafis
Aug 21 2014 at 13:35
2 posts
Hi guys,

The sentiment in the market is such that it reacts to the desperately needed economical environment which has appeared on the US financial horizon during this week. Read it all on the news reel. Sentiment is a very strong if not the strongest force in the financial markets. Friday's speech by FOMC chairman Yellen and ECB chairman Draghi will very likely underline the already present sentiment.

Charts rise and fall all the time and that is what makes the FOREX interesting. On a flatlined chart options are zero. So look for the changes to come and not for the changes that are already in progress. If you made a mistake opt out, take your loss, and start again. If you do so then that is called proper money management.

I am not pessimistic but realistic and opt for the SHORT on the EURUSD in the long term and bottoming out on the 2013 January 1.275-1.250 range. Till then it will spike (60-100 pips a day have not been unseen before) on every bit of news that will come by.

Maybe not much for the technical side of things but a bit of fundamental assurance is always good to receive.

Happy hunting!

Abdul2012
Aug 21 2014 at 14:11
413 posts
Hi,
Good information beafis , thank you.

Wivilson (Wivilson)
Aug 21 2014 at 17:57
49 posts
Now the children of men separated. Listen up guys.

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