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EUR/USD
Member Since Apr 14, 2014
230 posts
Mar 12, 2015 at 23:39
It looks like minor consolidation around 1.06 levels, the overall bearish trend remains, and will probably resume soon if there is a break below the 1.0550 support level.
Member Since Apr 08, 2014
1140 posts
Mar 13, 2015 at 09:50
On Yesterday session the EURUSD rallied on the back of unexpectedly weak U.S retail sales data. The pair is taking a pause to breathe, on an aggressive pullback we could go to 1.0835 and a break below the 1.05 handle we should continue to the next level of 1.04.
"I trade to make money not to be right."
Member Since Aug 30, 2012
64 posts
Mar 13, 2015 at 11:52
got a short trade signal on the usd.jpy seem like a short scalp!
LIKE MY TRADE ALERT POST! TRY IT FREE! NO SIGN UP! 100% FREE - w.w.w.ForexAlertSystem.c.o.m "CLICK ON BIG GREEN TRIAL BUTTON"
forex_trader_236107
Member Since Mar 10, 2015
88 posts
Mar 13, 2015 at 11:57
Many people sell EUR/USD and making money doing so. The question is once the trend changes, imagine how much money sellers will lose, as they will keep chasing the sell position.
Member Since Nov 21, 2011
1601 posts
Mar 13, 2015 at 12:05
ScalpingRus posted:
Many people sell EUR/USD and making money doing so. The question is once the trend changes, imagine how much money sellers will lose, as they will keep chasing the sell position.
Imagine it's sunny for 6 monhs... and sundenly it's getting cold & raining... How long will it take you to understand you need to wear other way?
forex_trader_236107
Member Since Mar 10, 2015
88 posts
Mar 13, 2015 at 19:54
CrazyTrader posted:ScalpingRus posted:
Many people sell EUR/USD and making money doing so. The question is once the trend changes, imagine how much money sellers will lose, as they will keep chasing the sell position.
Imagine it's sunny for 6 monhs... and sundenly it's getting cold & raining... How long will it take you to understand you need to wear other way?
One should ALWAYS be prepared for a change in weather. EUR/USD has been in a nose dive since March of 2014. Yes it has been exactly 1 year now. By the time the "trend" changes, eur/usd will be 500-800 pips higher then it's low, at which point most of the shorters would of lost their profits, as we know people lack money management once they begin to see red.
Mar 13, 2015 at 20:16
The support of $ 1.05 was reached very quickly.
In a long term chart on a logarithmic scale where is best seen as the minimum of the Thursday session (1.0493) coincides, to 'tick', with the base of the descending channel in recent years (by definition support).
Therefore recommends the greatest caution as the bass positions in the euro, it is advisable to take any capital gains and eventually prepare long positions for trading, with a stop loss (in closing values) below $ 1.0493. Aim rise to a potential recovery have resistance zone before medium of 1.1090 to 1.11 dollars.
In a long term chart on a logarithmic scale where is best seen as the minimum of the Thursday session (1.0493) coincides, to 'tick', with the base of the descending channel in recent years (by definition support).
Therefore recommends the greatest caution as the bass positions in the euro, it is advisable to take any capital gains and eventually prepare long positions for trading, with a stop loss (in closing values) below $ 1.0493. Aim rise to a potential recovery have resistance zone before medium of 1.1090 to 1.11 dollars.
Member Since Jun 08, 2014
454 posts
Mar 13, 2015 at 20:56
price actually succeeded to close under 1.050. but still in the range of the support line. I will have to wait for the open price of next week.
Member Since Apr 14, 2014
230 posts
Mar 13, 2015 at 23:14
The eur/usd hit fresh low almost everyday this week, Today's disappointing US data was not enough to stop the bearish trend. The bearish trend has extended for 9 months in a row now, the question here is how far can it go?
Mar 14, 2015 at 00:18
peeterwoolf posted:
The eur/usd hit fresh low almost everyday this week, Today's disappointing US data was not enough to stop the bearish trend. The bearish trend has extended for 9 months in a row now, the question here is how far can it go?
At this point, particularly with FOMC meeting next week, parity may happen sooner than we expected.
Member Since Jul 10, 2014
1114 posts
Mar 14, 2015 at 10:38
I too am almost certain that EUR/USD will reach parity sometime soon, but with the way things are going I think it might drop even below 1.000.
forex_trader_236107
Member Since Mar 10, 2015
88 posts
Mar 14, 2015 at 14:09
Today was most certainly a head scratcher. We've heard "over sold" for so long now, and the most EU has been able to bounce the last 6 months was about 250 pips.
Member Since Nov 21, 2011
1601 posts
Mar 14, 2015 at 15:18
ScalpingRus posted:
We've heard "over sold" for so long now
YOU've heard "over sold" for so long now, not me! To trade Forex, the best is way is to look at chart.
Member Since Oct 11, 2013
769 posts
Mar 16, 2015 at 02:55
EURUSD may just keep dropping, regardless of the pullbacks it has made. Fundamentally nothing has changed to make the Euro rally versus its major counterparts.
Member Since Aug 30, 2012
64 posts
Mar 16, 2015 at 09:10
Hello Traders, it’s a fresh new week! Let make an attempt to make just as many if not more pips then we pulled in last week!
The current market conditions are weak and range bound, expect it to stay that way for the next few hours until the American New York session opens and we have our fresh economic reports released. Which should trigger some good moves.
The current market conditions are weak and range bound, expect it to stay that way for the next few hours until the American New York session opens and we have our fresh economic reports released. Which should trigger some good moves.
LIKE MY TRADE ALERT POST! TRY IT FREE! NO SIGN UP! 100% FREE - w.w.w.ForexAlertSystem.c.o.m "CLICK ON BIG GREEN TRIAL BUTTON"
Member Since Apr 08, 2014
1140 posts
Mar 16, 2015 at 09:43
Since the beginning of this year EURUSD has fallen more than 13.20% and is in a strong bearish phase. The pair fell during Friday’s session printing a new low at 1.0462 and closed near the low of the day and no hard support in sight. Stochastic is showing an oversold market setting higher lows and price is making lower lows, signs that the downside may begin to get exhausted and ready for pullback.
"I trade to make money not to be right."
Member Since Nov 21, 2011
1601 posts
Mar 16, 2015 at 12:22
Forex21 posted:
I am actually surprised that there are still many traders who hold long positions.
That surprises you that 90% traders are loosing? I thought experience traders could make valuable comments... or you aren't surprised at all and you simply wanted to expose your product which is for bidden as it says "Commercial use and spam will not be tolerated, and may result in account termination. "
