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takechance (takechance)
Mar 11 2015 at 05:45
271 posts
So if I have to bet on parity reaching any time soon.....where the tight stop loss should be placed? :)

Afterall a 700 pips gain can not come easily with no pain. :)

print
Mar 11 2015 at 07:46
1 posts
honeill (honeill)
Mar 11 2015 at 09:56
1141 posts
On Yesterday session the EURUSD plunged breaking below 1.07 for the first time in 8 years on the beginning of bond buying program in the Euro Zone. The prospect is to continue selling the EURUSD eying two key levels 1.05 and 1.04.

"I trade to make money not to be right."
peeterwoolf
Mar 11 2015 at 11:47
230 posts
Another fresh low this morning, but it looks like eur/usd regain some pips after the new fresh low.

bewayopa
Mar 11 2015 at 12:43
372 posts
EUR / USD continued to fall on Tuesday.
The short and long-term trend continues downward to the lowest minimum and maximum and below the two moving averages of 50 and 200 days.
We may soon see to near the 1.0565 minimal April 7, 2003.
But there is a positive divergence between the RSI and the price action is likely however there is a corrective recovery before the next fall.


csc2009
Mar 11 2015 at 12:52
834 posts
We have a pulled back above 1.06 level, despite the bullish attempts I think eur/usd remains increasingly bearish.

victoriajensen
Mar 11 2015 at 17:06
1117 posts
EUR/USD reached and broke below 1.0600 without even slowing down. The bearish trend is as strong as ever and I am starting to suspect the pair won't stop falling even when it reaches 1.0000.

CrazyTrader (CrazyTrader)
Mar 11 2015 at 18:19
1718 posts
CrazyTrader posted:
Guys look at the crystall ball prediction... so hard to forecast isn't it?
500 pips in game:





Now we are there... if we break that bearish trend channel... could be a free fall... but market could beath from there.



Attachments:


Abdul2012
Mar 11 2015 at 20:56
413 posts
Currently the pair at 1.0554 after it fell to 1.0511 from 1.0717 after opening at a price of 1.0707, the pair likely in the future heading to 1.000.

honeill (honeill)
Mar 12 2015 at 10:05
1141 posts
Since the beginning of this year EURUSD has fallen more than 12.5% and downward momentum is increasing. The pair fell during yesterday session hitting 1.051 a fresh twelve-year low, without even stopping to breathe. Expecting downward move to a Fibonacci extension at 1.0308 on a break below previous day low at 1.0510.

"I trade to make money not to be right."
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