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EUR/USD
Member Since Nov 12, 2010
174 posts
Feb 03, 2015 at 08:02
Member Since Jun 07, 2011
372 posts
EUR / USD closed the week consolidating.
Remains below the falling trend line and in that trajectory.
The RSI (14 days) crossed above its 30 line, the daily MACD fell and is almost to cross its signal line.
Despite the possible short-term recovery, the price behavior indicates a downward long-term trend.
R3 - 1.14235
R2 - 1.13934
R1 - 1.13368
Daily Std. Pivot - 1.13067
S1 - 1.12501
S2 - 1.12200
S3 - 1.11634
Remains below the falling trend line and in that trajectory.
The RSI (14 days) crossed above its 30 line, the daily MACD fell and is almost to cross its signal line.
Despite the possible short-term recovery, the price behavior indicates a downward long-term trend.
R3 - 1.14235
R2 - 1.13934
R1 - 1.13368
Daily Std. Pivot - 1.13067
S1 - 1.12501
S2 - 1.12200
S3 - 1.11634
forex_trader_187695
Member Since Apr 25, 2014
19 posts
Member Since Apr 14, 2014
230 posts
Member Since Apr 08, 2014
1141 posts
Feb 03, 2015 at 09:42
Member Since Apr 08, 2014
1141 posts
EURUSD has been sheltered in a tight range since announcing of ECB massive stimulus package. Later today, the EURUSD will get a chance to react to U.S data on Factory Orders.
"I trade to make money not to be right."
Member Since Nov 12, 2010
174 posts
Feb 03, 2015 at 11:36
Member Since Nov 12, 2010
174 posts
SamuraiFXTrader posted:
It's time to buy EURUSD now. It's bullish for me. Good luck everyone!
SamuraiFXTrader posted:
The trend is changing and now everyone put a stop loss if you are buying a EURUSD because it's looks like it's bearish trend now. I would recommend to sell it now
So which is it Samurai???? You said Buy and Sell in a matter of minutes.
See my profile or message me for my latest EA
Member Since Nov 12, 2010
174 posts
Member Since Oct 08, 2011
137 posts
Feb 03, 2015 at 15:15
Member Since Oct 08, 2011
137 posts
yesterday I provided 4 different (exact) buy-stop entry prices off the daily chart (major entry signals).
All have been filled by now.
It may be possible to stay in either one of the trades to near 1.1480, then start moving the SL according to sections on the 4-hr chart.
There may be a good chance to manage this trade all the way to near 1.1680, by moving the SL when a new section is built on the 4-hr chart.
This is the easiest way to manage a profitable trade - provided that the lot-size was calculated/selected properly.
If the lot size is wrong, then fear or greed may get in the way.
All have been filled by now.
It may be possible to stay in either one of the trades to near 1.1480, then start moving the SL according to sections on the 4-hr chart.
There may be a good chance to manage this trade all the way to near 1.1680, by moving the SL when a new section is built on the 4-hr chart.
This is the easiest way to manage a profitable trade - provided that the lot-size was calculated/selected properly.
If the lot size is wrong, then fear or greed may get in the way.
"a little bit of knowledge is a dangerous thing"
Feb 03, 2015 at 15:52
Member Since Dec 28, 2014
8 posts
bestdarngood posted:He mentioned his opinion based on chart movement (I think he is speaking in short term). But if we look on long term, the pair is slightly bullish.SamuraiFXTrader posted:
It's time to buy EURUSD now. It's bullish for me. Good luck everyone!SamuraiFXTrader posted:
The trend is changing and now everyone put a stop loss if you are buying a EURUSD because it's looks like it's bearish trend now. I would recommend to sell it now
So which is it Samurai???? You said Buy and Sell in a matter of minutes.
Member Since Jul 10, 2014
1117 posts
Feb 03, 2015 at 15:55
Member Since Jul 10, 2014
1117 posts
honeill posted:
EURUSD has been sheltered in a tight range since announcing of ECB massive stimulus package. Later today, the EURUSD will get a chance to react to U.S data on Factory Orders.
The pair did react and moved to the upside again. It looks like correction contiues. Next target is likely 1.1530.
Member Since Jun 08, 2014
454 posts
Member Since Nov 11, 2012
271 posts
forex_trader_202879
Member Since Aug 07, 2014
406 posts
Feb 03, 2015 at 20:41
Member Since Aug 07, 2014
406 posts
To bad this so called "Account manager" doesn't see what you guys are seeing.
https://www.myfxbook.com/members/CrazyTrader/chance-my-life/1090117
That one trade on EU alone has his drawdown well over 30% and counting. I guess he is willing to risk his clients entire account.
That is what happens when you allow demo traders to run your live account.
https://www.myfxbook.com/members/CrazyTrader/chance-my-life/1090117
That one trade on EU alone has his drawdown well over 30% and counting. I guess he is willing to risk his clients entire account.
That is what happens when you allow demo traders to run your live account.
Member Since Nov 12, 2010
174 posts
Feb 03, 2015 at 23:25
Member Since Nov 12, 2010
174 posts
I'm currently back in a Sell Position, what is everyone else doing?
I believe we will go back down to 1.11 and lower. The US still has the better economy than the EU right now and I believe we will see further lows this year. Parity is still possible.
I believe we will go back down to 1.11 and lower. The US still has the better economy than the EU right now and I believe we will see further lows this year. Parity is still possible.
See my profile or message me for my latest EA
Member Since Nov 11, 2012
271 posts
Feb 04, 2015 at 07:29
Member Since Jun 07, 2011
372 posts
EUR / USD continued yesterday in consolidation.
However the RSI remained above its line 30 and the daily MACD sank and moved above its signal line.
This can be a sign of a possible recovery.
In the daily chart, price structure suggests a downward trend over time once they show lower minimum and maximum, under both moving averages of 50 and 200 days.
R3 - 1.17918
R2 - 1.16627
R1 - 1.15703
Daily Std. Pivot - 1.14412
S1 - 1.13488
S2 - 1.12197
S3 - 1.11273
However the RSI remained above its line 30 and the daily MACD sank and moved above its signal line.
This can be a sign of a possible recovery.
In the daily chart, price structure suggests a downward trend over time once they show lower minimum and maximum, under both moving averages of 50 and 200 days.
R3 - 1.17918
R2 - 1.16627
R1 - 1.15703
Daily Std. Pivot - 1.14412
S1 - 1.13488
S2 - 1.12197
S3 - 1.11273
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