EUR/USD

The Euro is weak and Yellen she may bull the pair down ... strong sell today.

EUR / USD fell yesterday.
The pair continues to oscillate between 1.1287 support (S1). 1.1439 and the resistance (R2).
With strong employment data in the US for January, it is likely that the EURUSD drop below the S1 barrier.
The broader trend is downward.
R3 - 1.14852
R2 - 1.14395
R1 - 1.13861
Daily Std. Pivot - 1.13404
S1 - 1.12870
S2 - 1.11879
S3 - 1.11879

EUR/USD has been testing the support at 1.1270 but I doubt it will be able to break below it before tomorrow.

trading range keep getting narrower and the sideways trading is not broken yet. I hope we will see any progress soon.

EUR/USD daily chart update

as I have mentioned in a previous posting, often a price congestion starts and ends with a doji bar.
On our charts, today's bar opened at 1.1333 and will close in 2.5 hours.
If today's bar closes within 3 pips of the open price, we'll call it a doji with the possibility that the congestion may end soon.

PERPETUUMMOBILE posted:
EUR/USD daily chart update

as I have mentioned in a previous posting, often a price congestion starts and ends with a doji bar.
On our charts, today's bar opened at 1.1333 and will close in 2.5 hours.
If today's bar closes within 3 pips of the open price, we'll call it a doji with the possibility that the congestion may end soon.

lol... please show us a range that ends with a doji bar!

Yellen has offered very little insights on future moves today, Eur/Usd bounced from as low as 1.1288 to as high as 1.1358 before settling back to 1.133 level.

CrazyTrader posted:

PERPETUUMMOBILE posted:
EUR/USD daily chart update

as I have mentioned in a previous posting, often a price congestion starts and ends with a doji bar.
On our charts, today's bar opened at 1.1333 and will close in 2.5 hours.
If today's bar closes within 3 pips of the open price, we'll call it a doji with the possibility that the congestion may end soon.

lol... please show us a range that ends with a doji bar!

Before you take trading lessons, I suggest you take reading lessons!
I was not talking about a 'range' - I was talking about PRICE CONGESTION (see above!)
But I am quite certain that YOU DO NOT KNOW the difference between the two, otherwise you would not post such nonsense.

Congestion so it's even worst than a range!... please provide me a lesson so I will learn something. We have the time, since you guys keep posting 10 times a day the same thing over and over while nothing happen on that pair.

Mr. 'CrazyTrader'
Congestion vs. Range has nothing to do with bad or worse... they are 2 different things.
Maybe instead of complaining that I post too often into this thread, you should attempt to learn something from it.

As I have posted several times:
According to the congestion rules, the first bar that can be traded out of congestion is bar Nr. 17.

Now look at the 4 hr chart:
The last finished bar on our chart is bar Nr. 16, WHICH IS A DOJI BAR! (open and close not more than 3 pips apart!)
The current bar is Nr. 17!
If you had paid attention, you would be in a trade at this point and currently 30 pips plus.

There is something called 'the language of charts', which very few traders know about. It consists of strict rules.
These rules never change and are good for any chart timeframe and any market.

I do not post my opinion here, I post these strict rules.
As soon as you trade with an opinion (or someone else's opinion) you are lost in this business.

Notice that I am the only one that dares to post reals signals here, with exact entry prices.
With every signal I give an explanation of the rule that applies and on which chart timeframe it needs to be traded!
Thank you.

Hello Fellow Traders we have some fresh Trade Information for the current trade session in the GBP/USD Pair hope this helps


https://www.myfxbook.com/files/blownaccount/Daily_Live_Trades__Buy_GBPUSD2252015_more.

This is Current

Here is Another Trade Alert Idea For The Group.... Good Luck Fellow Traders With the Current Trading Session

                                                                     This is For the EUR/JPY Pair


https://www.myfxbook.com/files/blownaccount/Daily_Live_Trades__Buy_EURJPY_2252015.JPEG

Image Post update: This is For the EUR/JPY Pair

I thought you predicted for very sharp fall in EUR previously. LOL

For God's sake stop predicting the market......JUST GO WITH IT. :)

EURUSD pair initially fell during the course of yesterday session, but found enough support at 1.2388 near Mondays low to turn things back around and form a hammer. Also providing support to the pair was news that Eurogroup approved the list of reforms submitted by Greek authorities, thereby securing a four month extension of their financial rescue operation.

Your A Funny Man, the EurUsd moved as Predicted, you might want to look at your charts better encase you trade from a mobile phone, we have included a chart of the actual trade we had placed on the recommendation you seem to be upset about. and yes any one who followed our advanced call made money on that move down.

It sounds like you might have bet against our system and lost! ;)

but here is a re-cap to that alert:



and our trade results




Besides i thought this thread was about predicting moves so we can all profit from it? you can talk about all the economic stuff you read online, and i will stick to just posting actionable decisive trade-able advice since i do not read any economic news reports or and rarely study chart patterns anymore and we will all win !

what kind of funny system is it which gives only profit target of 21 pips (minus spread) and no stop loss?

if I have to consider a minimal accepted risk/reward ratio of 1:2 then your stop loss has to be of 10 pips.

Sorry bro I can't vouch for a system trading with just 10 pips SL. That will be pure gambling and solely probability based trade.

Naysayers & Haterz (There Are Millions Of Them)

Trade What Works For You And We Will Do what Works For Us, Kinda Clear we know what we are doing if we can build our own trading system.... ;)

Feel free to post a screen shot of your cutting edge system.....