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sherifFares
Aug 29 2015 at 19:59
454 zpráv(a,y)
EUR/USD closed above the MA(20) but a further drop is expected next week let's see i am waiting for the price under the support line 1.1160.

Alex
Look009
Aug 30 2015 at 14:19
224 zpráv(a,y)
arigoldman posted:
Interesting week ahead.


Yes, I think it will be like 'The time to buy is when there's blood in the streets'

Duane Shepherd (DRFXTRADING)
Aug 30 2015 at 19:40
169 zpráv(a,y)

......Yet another example of how Consolidation Breakouts with Large Candles lead to False Breakouts....another trap of the market..


EURO USD looked set to break higher with this Large Candle...








...but I expected it to at least pause before either moving sideways or reversing sharply....








This is because these Large Candles, as attractive as they are, hardly lead to successful breakouts.


Figuring this out and identifying the types of Candles that actually lead to profitable breaks was what I had to do...









I cant tell how much money was lost and time spent in spotting the right signals to trade- made a big difference in results.

Although this has taken place on the Daily Chart, these Large Candles are seen across all time frames as well. Its not so much the size in terms of Pips but relative to the other Candles on the time frame being traded. So whether you are a Day or Swing Trader, they will appear from time to time.


Once you can make this distinction, it becomes much easier to avoid these traps.







[B]Duane
DRFXTRADING[/B]

Trade Less, Earn More
Hugo ONeill (honeill)
Aug 31 2015 at 07:58
1141 zpráv(a,y)
On Friday session the EURUSD pair fell for the fourth straight day and closed in the red near the low of the day on a narrow range. The currency made a stronger pullback and is trading within a daily support zone from 1.1237 down to 1.1097. A break above the 1.1237 will suggest another up run to 1.1555.

"I trade to make money not to be right."
FXWES
Aug 31 2015 at 08:02
675 zpráv(a,y)
On Friday the euro recorded a fall against the dollar. The single currency depreciated for the fourth consecutive session and thus came close to the support at 1.1105. In the short term it is expected price correction and the pair to recover some of the losses by testing the resistance at 1.1329. Trade on Friday launched at 1.1244 and finished 58 pips below. Bulls prevailed in the early hours of the session, but then later the direction was changed and currencies hit bottom for the day at 1.1155.

victoriajensen
Aug 31 2015 at 16:13
1117 zpráv(a,y)
The EUR/USD consolidation continues and the pair is still testing the support at 1.1200. This might continue until the ECB rate decision on Thursday.

sherifFares
Aug 31 2015 at 16:46
454 zpráv(a,y)
EUR/USD is moving in a tight range and I dont think we will see any sudden movement until the ECB press conference and the NFP.

Abdul2012
Aug 31 2015 at 18:51
413 zpráv(a,y)
sherifFares posted:
EUR/USD is moving in a tight range and I dont think we will see any sudden movement until the ECB press conference and the NFP.

I agree with you on that, Because it should be some high volatility after that.

Alex
Look009
Sep 01 2015 at 06:14
224 zpráv(a,y)
Pure chaotic oscillatory behaviour

alexforex007
Sep 01 2015 at 06:27
774 zpráv(a,y)
Looks like the 1.1300 level is the next resistance for the EURUSD.

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