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RaphaelGK
Feb 24 2015 at 07:50
16 posts
EUR drama has been finished, time for USD.

BUY USD/JPY 119.233 .missed the lower price ,

the greatest pleasure in life is doing what people say you can't do
Forex21
Feb 24 2015 at 08:54
416 posts
Yes, maybe you are right but something tells me that the drama will continue soon.

Blown Forex Account Recovery Managment (blownaccount)
Feb 24 2015 at 08:54
104 posts
Hello RaphaelGK, This is our current Trade Alert entry since we are also trading the USD/JPY Pair at the moment, hope the image below helps....

But we are getting ready to start booking some open profits on this pair because we have other open positions on other pairs. the system will be busy this session....




Attachments:


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"
Hugo ONeill (honeill)
Feb 24 2015 at 08:55
1141 posts
EURUSD fell during yesterday session, closing in the red, below the 10-day moving average and in the middle of the day’s range. The pair is still consolidating between the top 1.1450 level and the 1.1270 level on the bottom. The currency should continue in consolidation mode until we see a clear break off a support or resistance with an impulsive candle.

"I trade to make money not to be right."
Blown Forex Account Recovery Managment (blownaccount)
Feb 24 2015 at 12:34
104 posts
Just A update for current market conditions. and update to previous prediction for the Pair: EUR/USD




Attachments:


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"
peeterwoolf
Feb 24 2015 at 12:51
230 posts
honeill posted:
EURUSD fell during yesterday session, closing in the red, below the 10-day moving average and in the middle of the day’s range. The pair is still consolidating between the top 1.1450 level and the 1.1270 level on the bottom. The currency should continue in consolidation mode until we see a clear break off a support or resistance with an impulsive candle.


I agree with you, eur/usd back in a range.

csc2009
Feb 24 2015 at 14:13
834 posts
Eur/usd maybe climb up to 1.1330 level but still lack of any significant direction.

PERPETUUMMOBILE (PERPETUUMMOBILE)
Feb 24 2015 at 16:10
136 posts
EUR/USD daily chart update

during this hour, the low from yesterday was traded through, but NOT the low from last Friday (1.1276 on our charts)
Because of this fact, the high from yesterday (1.1395 on our charts) becomes a major entry price point.
Important to note is, that prices have to stay at least 1 pip above the low from Friday.

Take the high from yesterday (ask price) and add 1 pips for a buy-stop entry.
This will also be a valid entry on tomorrow's bar, provided that the low of last Friday is not touched.

A good place for the SL is 1 pips below the low of Friday which is 120 pips below the entry price in this scenario.

To calculate the proper lot size for this trade, the risk one is willing to take has to be determined first.

This is how the lot size needs to be calculated:
Capital: 1000 (use any amount)
Risk: 2% of capital (use any percentage)

Capital (times) Risk (divided by) stop-loss
 1000 * 0.002 / 120 = 0.02 standard lots - or -
 1000 * 0.02 / 120 = 0.2 mini lots -or-
 1000 * 0.2 / 120 = 2 micro lots

This is the best way to preserve your trading capital and should be used for every trade.
NOTE: this calculation is only valid for currency pairings that end with xxx/USD
for other currency pairings, the value of one pip has to be figured into the calculation


"a little bit of knowledge is a dangerous thing"
Abdul2012
Feb 24 2015 at 16:41
413 posts
The Euro is weak and Yellen she may bull the pair down ... strong sell today.

bewayopa
Feb 24 2015 at 17:45
372 posts
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

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