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EUR/USD
Member Since Apr 08, 2014
1141 posts
Jan 25, 2017 at 10:35
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD fell with a narrow range and closed near the low of the day, in addition managed to close within previous day range, which suggests being slightly on the bearish side of neutral.
The currency pair is trading above the 10 and 50-day moving averages should act as a dynamic supports but remains trading below the 200-day moving average that also should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0819, the 10-day moving average at 1.0677 (support), a daily support at 1.0622, the 50-day moving average at 1.0571 (support) and a daily support at 1.0462.
The currency pair is trading above the 10 and 50-day moving averages should act as a dynamic supports but remains trading below the 200-day moving average that also should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0819, the 10-day moving average at 1.0677 (support), a daily support at 1.0622, the 50-day moving average at 1.0571 (support) and a daily support at 1.0462.
"I trade to make money not to be right."
forex_trader_367321
Member Since Oct 08, 2016
58 posts
Jan 25, 2017 at 16:41
(edited Jan 25, 2017 at 16:42)
Member Since Oct 08, 2016
58 posts
I have been watching this thread for months and I never hear anybody say anything specific they always talk about how things look bearish or the market just fell or it's in a tight Channel but I never hear anybody say I'm going long at a very specific price or I never hear anybody say I'm going short now at this price..
Happy trading.
Happy trading.
Member Since Oct 08, 2011
137 posts
Jan 25, 2017 at 16:51
Member Since Oct 08, 2011
137 posts
benchmarkpro posted:
I have been watching this thread for months and I never hear anybody say anything specific they always talk about how things look bearish or the market just fell or it's in a tight Channel but I never hear anybody say I'm going along at a very specific price or I never hear anybody say I'm going short now at this price..
Happy trading.
Read my posting from Jan. 19th...
I seem to be the only one who occasionally posts real signals into this thread with exact entry price, SL placement and suggested exits. I also started posting signals to the GBP/USD thread.
EUR/USD daily chart
buy at the high of today (ask price + 1 pip)
which is 1.0677 on our charts
or at the hook price, which is the high of 1/17/17 (1.0719 + spread + 1 pip)
place your SL @ 1.0450
first exit near 1.0850
second exit near 1.0950
third exit near/below 1.1100
Entry type: second up-hook
"a little bit of knowledge is a dangerous thing"
Member Since Sep 12, 2015
1948 posts
Jan 25, 2017 at 16:52
Member Since Sep 12, 2015
1948 posts
benchmarkpro posted:I'm going long at 85100 EUR/GBP
I have been watching this thread for months and I never hear anybody say anything specific they always talk about how things look bearish or the market just fell or it's in a tight Channel but I never hear anybody say I'm going long at a very specific price or I never hear anybody say I'm going short now at this price..
Happy trading.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Jan 25, 2017 at 18:04
Member Since Sep 12, 2015
1948 posts
I never try to predict how high it is going to go because subconsciously that means you try to reach it, I read the trade as it is happening.
"They mistook leverage with genius".
Member Since Oct 11, 2013
775 posts
Member Since Apr 08, 2014
1141 posts
Jan 26, 2017 at 09:07
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD went back and forward without any clear direction and closed in the middle of the daily range, also managed to close within previous day range, which suggests being clearly neutral neither side is showing control.
The currency pair is trading above the 10 and 50-day moving averages should act as a dynamic supports but remains trading below the 200-day moving average that also should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0819, the 10-day moving average at 1.0677 (support), a daily support at 1.0622, the 50-day moving average at 1.0574 (support) and a daily support at 1.0462.
The currency pair is trading above the 10 and 50-day moving averages should act as a dynamic supports but remains trading below the 200-day moving average that also should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0819, the 10-day moving average at 1.0677 (support), a daily support at 1.0622, the 50-day moving average at 1.0574 (support) and a daily support at 1.0462.
"I trade to make money not to be right."
Jan 26, 2017 at 18:18
Member Since May 01, 2015
675 posts
The US Dollar finally showed some vital signes. The EUR/USD pair is seen lower today and marked daily low at 1.0657. The short term mode shifted to bearish mode and technical indicators are confirming the trend as currently are located within negative territory.
Member Since Apr 08, 2014
1141 posts
Jan 27, 2017 at 10:10
Member Since Apr 08, 2014
1141 posts
On yesterday session, the EURUSD fell with a wide range and closed near the low of the day creating a bearish belt-hold line, the currency pair also managed to close below previous day low, which suggests being clearly neutral neither side is showing control.
The currency pair is trading above the 50-day moving average should act as a dynamic supports but succeed in closing below the 10-day moving average and remains trading below the 200-day moving average that also should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0819, the 10-day moving average at 1.0693 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0575 (support) and a daily support at 1.0462.
The currency pair is trading above the 50-day moving average should act as a dynamic supports but succeed in closing below the 10-day moving average and remains trading below the 200-day moving average that also should act as dynamic resistance.
The key levels to watch are: a daily resistance at 1.0819, the 10-day moving average at 1.0693 (resistance), a daily support at 1.0622, the 50-day moving average at 1.0575 (support) and a daily support at 1.0462.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Jan 27, 2017 at 15:11
Member Since Jul 10, 2014
1117 posts
EUR/USD formed a double bottom at the support at 1.0656 and bounced off that level. Currently it's testing the resistance at 1.0725 and if it breaks out above it the pair will likely continue climbing towards 1.0770 again.
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