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sherifFares
Mar 11 2016 at 17:07
454 posts
EUR/USD most likely will enter the sideways trading for awhile after yesterday's spike.

Abdul2012
Mar 11 2016 at 17:45
413 posts
The EUR/USD tested the resistance at 1.1213 for the second day this week, It seems the pair won't cross over it this week.

Valicourt (Valicourt)
Mar 12 2016 at 10:02
7 posts
My Broker ( no names ) decided not to give any prices when the news came out. Only after 5 minutes or so prices started to move again. Still made 4% though but it makes one think.
We will see what today brings..

No losses no cry.
stian
Mar 12 2016 at 12:47
325 posts
Valicourt posted:
My Broker ( no names ) decided not to give any prices when the news came out. Only after 5 minutes or so prices started to move again. Still made 4% though but it makes one think.
We will see what today brings..

It is rather common for market markers.

DRFXTRADING (DRFXTRADING)
Mar 14 2016 at 01:51
169 posts
This EURO bad boy been in a Pennant for quite awhile..Daily Chart..








This explains most of the crazy **** moves that been happeniing over the last several months, like that on Thursday.

Even though it was set off by the ECB action, these setups often have these erratic moves as they move from Support to Resistance.


I was actually getting ready to trade this bullish, expecting one of 3 possible Signals...










Daily signal formed was similar to the Candlestick Projected (CF) but muuuuch larger...definitely not tradeable..


Had it been, would have added to the 2 previous trades on this pair..















Sometimes these setups can lead to losses with these types of news etc., but sometimes when you catch them at the right time with the right setup..can take our pound of flesh from them


Duane
DRFXTRADING








Attachments:


Trade Less, Earn More
honeill (honeill)
Mar 14 2016 at 08:28
1141 posts
On the last Friday’s session the EURUSD initially fell but found enough buying pressure at 1.1097 daily support to reverse and closed in the middle of the daily range, in addition closed within the previous day range, suggesting lack of momentum and market indecision.

The pair closed above the 10, 50 and the 200-day moving averages that are acting as dynamic support.

The key levels to watch are: The year high at 1.1376 (resistance), a daily resistance at 1.1237, daily support at 1.1097, the 200-day moving average at 1.1024 (resistance), 50-day moving average at 1.1012 (resistance) and the 10-day moving average at 1.1002 (support).

"I trade to make money not to be right." |
csc2009
Mar 14 2016 at 12:40
834 posts
Eur/Usd found the immediate support level back to 1.1100 neighbourhood, the pair probably continue stay within the range between 1.105 to 1.1200 for now.

victoriajensen
Mar 14 2016 at 13:57
1117 posts
csc2009 posted:
Eur/Usd found the immediate support level back to 1.1100 neighbourhood, the pair probably continue stay within the range between 1.105 to 1.1200 for now.


It will likely break below the support at 1.1100, considering the hanging man candlestick on the daily time frame below the resistance at 1.1200.

rosentray
Mar 14 2016 at 15:04
277 posts
The EUR/USD lost a bit from what was gained during the last two days of the previous week. Nevertheless, the pair is now trading in the uptrend channel and looks ready to test the first support at 1.1080. If this support holds, then the pair might attempt to test first resistance which appears to be the last high of 1.1220.

alexforex007
Mar 15 2016 at 05:29
774 posts
Let’s see how the FED affects the EURUSD, the pair may find some resistance on the 1.1300 level.

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