EUR/USD
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Dec 10, 2014 at 00:18
(edited Dec 10, 2014 at 00:20)
in a week or so it is gonna reach 1.22 and dust, not sure it is gonna stop there will need a lot of help thereafter to back up
Member Since Apr 14, 2014
230 posts
Dec 10, 2014 at 02:14
Only short term correction, I guess. Prices are coming down, remain between 1.2390 to 1.2290.
Member Since Oct 11, 2013
775 posts
Dec 10, 2014 at 02:56
The 1.2400 level has acted as a good resistance for the EURUSD. Lets see if it goes back down and visits the 1.2300 level.
Member Since Oct 27, 2014
53 posts
Dec 10, 2014 at 07:26
It is on its way to 2239 Now ?
Member Since Oct 27, 2014
53 posts
Dec 10, 2014 at 08:25
Is`nt the R at 24 stronger and the S ?
Member Since Oct 27, 2014
53 posts
Dec 10, 2014 at 08:25
At 2360 i ment
Member Since Apr 08, 2014
1141 posts
Dec 10, 2014 at 09:07
EURUSD rallied on yesterday session but struggle to keep up the bullish momentum just below 1.2450 keeping the resistance intact, so near term outlook stays bearish. The pair might make another run to the 1.2450 level giving us another opportunity to go short.
"I trade to make money not to be right."
Member Since Oct 08, 2011
137 posts
Dec 10, 2014 at 09:20
EUR/USD -
there is a ledge buy-stop entry on the 4 hr chart.
buy @ 1.2398
and a first hook buy-stop entry
buy @ 1.2447
there is a ledge buy-stop entry on the 4 hr chart.
buy @ 1.2398
and a first hook buy-stop entry
buy @ 1.2447
"a little bit of knowledge is a dangerous thing"
Member Since Oct 27, 2014
53 posts
Dec 10, 2014 at 13:31
sellstop at 2388 :-/
Member Since Oct 27, 2014
53 posts
Dec 10, 2014 at 13:32
Shudent the downtrend gett stronger and stonger everytime it it 24 ?
Member Since Jul 10, 2014
1117 posts
Dec 10, 2014 at 15:06
Although EUR/USD was met with a pretty strong resistance around the 1.2460 level and formed an inverted hammer candlestick pattern under the resistance level, the pair is still testing the resistance. At this point, I think, it is uncertain whether the movement to the upside will continue or the pair will begin descending again.
Member Since Oct 08, 2011
137 posts
Dec 10, 2014 at 15:13
EUR/USD trade reference
buy @ 1.2398
the high from yesterday on the 4 hr chart is called 'first time around' high to take out 1.2455
many times the first attempt fails, but the second time around the high is traded through.
the current attempt is called the 'second time around'
It would be wise to exit just below the high from yesterday, or wait it out by setting the SL to a few pips below break-even
example 1.2390
in either case, the next reverse-hook on the daily chart is at 1.2505
below that price would be the exit if 1.2455 is taken out.
buy @ 1.2398
the high from yesterday on the 4 hr chart is called 'first time around' high to take out 1.2455
many times the first attempt fails, but the second time around the high is traded through.
the current attempt is called the 'second time around'
It would be wise to exit just below the high from yesterday, or wait it out by setting the SL to a few pips below break-even
example 1.2390
in either case, the next reverse-hook on the daily chart is at 1.2505
below that price would be the exit if 1.2455 is taken out.
"a little bit of knowledge is a dangerous thing"
Dec 10, 2014 at 17:31
EUR / USD continued high on Tuesday to hit resistance.
The 1.2250 is now a key reference area.
There is a positive divergence between both our short-term oscillators and the price-action.
On the daily chart, can be identified possible formation of candle 'morning star', which favors the continuation of recovery.
The daily momentum indicates climb.
R3 - 1.26051
R2 - 1.25263
R1 - 1.24493
Daily Std. Pivot - 1.23705
S1 - 1.22935
S2 - 1.22147
S3 - 1.21377
https://bewayopa.wordpress.com/
The 1.2250 is now a key reference area.
There is a positive divergence between both our short-term oscillators and the price-action.
On the daily chart, can be identified possible formation of candle 'morning star', which favors the continuation of recovery.
The daily momentum indicates climb.
R3 - 1.26051
R2 - 1.25263
R1 - 1.24493
Daily Std. Pivot - 1.23705
S1 - 1.22935
S2 - 1.22147
S3 - 1.21377
https://bewayopa.wordpress.com/
Dec 10, 2014 at 19:15
bewayopa posted:
EUR / USD continued high on Tuesday to hit resistance.
The 1.2250 is now a key reference area.
There is a positive divergence between both our short-term oscillators and the price-action.
On the daily chart, can be identified possible formation of candle 'morning star', which favors the continuation of recovery.
The daily momentum indicates climb.
R3 - 1.26051
R2 - 1.25263
R1 - 1.24493
Daily Std. Pivot - 1.23705
S1 - 1.22935
S2 - 1.22147
S3 - 1.21377
https://bewayopa.wordpress.com/
Very useful analysis, thank you.
Member Since Jun 08, 2014
454 posts
Dec 10, 2014 at 20:28
It's about time for the price to have a rebound I can see on the 4 hour chart a potential double bottom.
Member Since Oct 11, 2013
775 posts
Dec 10, 2014 at 21:51
The Euro keeps retracing versus the Dollar, but the long term trend is still bearish and very much intact.
Member Since Jan 28, 2014
41 posts
Dec 11, 2014 at 04:09
what is the today target ??
Member Since Oct 08, 2011
137 posts
Dec 11, 2014 at 04:09
EUR/USD trade reference
buy @ 1.2398 and
buy @ 1.2447
mission accomplished!
As I mentioned in my previous post, when the 'first time around high' is taken out, prices could rise to near the high of the first reverse-Hook on the daily chart @ 1.2505
It is always advisable to exit a few pips below that price value, especially when the signal comes from a faster time frame, in this case from the 4 hr. chart!
buy @ 1.2398 and
buy @ 1.2447
mission accomplished!
As I mentioned in my previous post, when the 'first time around high' is taken out, prices could rise to near the high of the first reverse-Hook on the daily chart @ 1.2505
It is always advisable to exit a few pips below that price value, especially when the signal comes from a faster time frame, in this case from the 4 hr. chart!
"a little bit of knowledge is a dangerous thing"
