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

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

James_Bond
Jul 12 2012 at 12:08
556 posts

   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 😄.

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

James_Bond
Jul 12 2012 at 15:05
556 posts

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

stevewalker
stevewalker
Jul 12 2012 at 18:43
1439 posts
E/U will start sideways market on daily chart.


Chikot
Jul 12 2012 at 20:15
2299 posts
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
stevewalker
Jul 12 2012 at 20:20
1439 posts
it had moved >2000 pips and generated good profit. time to take it back.😉
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.

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

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