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EUR/USD
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Sceadagenga

Member Since Jan 31, 2014  83 posts Sceadagenga Dec 24 2015 at 10:45
New Year - New Moves

mlawson71

Member Since Dec 11, 2015  1486 posts mlawson71 Dec 24 2015 at 11:05
Most of the currencies will be consolidating until the new year, I think.

snapdragon1970

Member Since Sep 12, 2015  1842 posts kieran (snapdragon1970) Dec 24 2015 at 20:30
It's time to relax,put your feet up and have a beer,it's been a good year considering the shaky markets,hope you all have a prosperous New Year.No positions open over the Christmas period,I think there will be some bargains New Year.New project to get started with chasingreturns.com

Be lucky!

"Mistakes are the portals of discovery",James Joyce.
snapdragon1970

Member Since Sep 12, 2015  1842 posts kieran (snapdragon1970) Dec 29 2015 at 14:09
We got a push to the downside,I placed a long position on eur/usd @ 910 ,I have a stop loss at 900,the reason im going long ,1 stocks are to open higher,2 gold is going up,Oil is up,Wall street is under pressure to deliver a year end rally.Lower BB was broke ,this might be the start of an up trend,we shall see if the open has any effect.

"Mistakes are the portals of discovery",James Joyce.
snapdragon1970

Member Since Sep 12, 2015  1842 posts kieran (snapdragon1970) Dec 29 2015 at 14:24
The Head and shoulders pattern,I have to laugh when I see posts like this on news blogs,reading tea leaves too works.

"Mistakes are the portals of discovery",James Joyce.
snapdragon1970

Member Since Sep 12, 2015  1842 posts kieran (snapdragon1970) Dec 29 2015 at 16:26
30 point gain, closed out on sign of weakness,we will wait for a retest of 900 level at European close.

"Mistakes are the portals of discovery",James Joyce.
snapdragon1970

Member Since Sep 12, 2015  1842 posts kieran (snapdragon1970) Dec 29 2015 at 16:51
On the 4 hour chart there is support at 870,no major change on European close which suggest to me more weakness if we get a lower level than the 4pm spike down depending on how many points its breached by,we could see a reversal,seeing a bit of an up trend at the moment,wise move at 4pm ,lets see how many point we can grab this time.

"Mistakes are the portals of discovery",James Joyce.
snapdragon1970

Member Since Sep 12, 2015  1842 posts kieran (snapdragon1970) Dec 29 2015 at 18:20
Still moving in the right direction,I will close out the position at 19:00hrs unless I see more strength of an up trend.

"Mistakes are the portals of discovery",James Joyce.
Daanthony21

Member Since Jan 25, 2015  3 posts Daanthony21 Dec 30 2015 at 07:30
I Sold short @1.092 looking to grab about 20-25 pips there. Thinking its going to retest that 870 level soon

snapdragon1970

Member Since Sep 12, 2015  1842 posts kieran (snapdragon1970) Jan 04 2016 at 02:18
Good morning guys ,hope you had a great New Year!
Did a long position on eur/usd at 1.15 ,8.25 level it didn't hit the 820 level,sold at 862,the news don't look so hot for US.

I will see what happens over night at London open.

"Mistakes are the portals of discovery",James Joyce.
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Consumer Price Index (QoQ) (12 min)
USD: some cracks but nothing serious - W...(1 min ago)
EURUSD 1.17103 GBPUSD 1.3236
USDJPY 112.286 USDCAD 1.31362

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