Edit Your Comment
EUR/USD
Mitglied seit Jun 08, 2014
454 Posts
Mitglied seit Oct 11, 2014
7 Posts
Mitglied seit Jan 28, 2014
41 Posts
Oct 12, 2014 at 13:00
Mitglied seit Jan 28, 2014
41 Posts
Cholipop posted:pramodwick posted:Sorry to hear about your loss. What you should do is identify the reason why you the lost. What we have seen the last 5 months on EU is by far one of the rarest events in forex. Yet, if everyone keeps shorting you will suffer much bigger loss. It is in your best interest to take scalp positions then holding, as scalping is what the market does.
i lost 800$ ...im idiot and al are my fault...
thankz brother..how ever i need to do forex minimizing losses
Mitglied seit Oct 11, 2013
775 Posts
Mitglied seit Apr 14, 2014
230 Posts
Mitglied seit Apr 08, 2014
1141 Posts
Oct 13, 2014 at 06:27
Mitglied seit Apr 08, 2014
1141 Posts
EURUSD fell during the course of the day on Friday, continuing the bearish pressure that we have seen for quite some time. The market tested the 1.26 level and found enough support. However, the market technically is bearish overall but is holding above the 10-day moving average so expect short term bullish correction to continue.
"I trade to make money not to be right."
Oct 13, 2014 at 13:34
Mitglied seit Jun 07, 2011
372 Posts
EUR / USD rebounded from near the line de1.2600 (S1) during the Asian session, revealing a higher minimum.
The only notable trend within the G10 was the strengthening of the yen.
This is due to the decline of stock markets worldwide.
The stock markets of Europe, USA and Japan ended the week leaving worrying signs about their climbs.
The only notable trend within the G10 was the strengthening of the yen.
This is due to the decline of stock markets worldwide.
The stock markets of Europe, USA and Japan ended the week leaving worrying signs about their climbs.
Mitglied seit Jul 10, 2014
1117 Posts
Oct 13, 2014 at 14:04
Mitglied seit Jul 10, 2014
1117 Posts
The market appears quite calm and the EUR/USD correction slowly continues. Personally, I think its current target is 1.2870, perhaps 1.2900. However, I am still not convinced that the downward trend is over and that this is a reversal, so I think I should be on the lookout for signals that the EUR/USD descent is about to continue. I believe that the long-term target at 1.2200 or even at 1.2000 is still quite valid.
Mitglied seit Jun 08, 2014
454 Posts
Mitglied seit Oct 11, 2013
775 Posts
Mitglied seit Apr 08, 2014
1141 Posts
Oct 14, 2014 at 06:23
Mitglied seit Apr 08, 2014
1141 Posts
EURUSD has been consolidating sideways after a break above its 10-day moving average last week. This upward movement has created a short-term bullish environment and a long-term consolidative outlook above 1.2500. On the 4h charts there is a bullish flag pattern under 1.2700 and a break above that level should accelerate gains toward 1.28.
"I trade to make money not to be right."
Mitglied seit Oct 08, 2011
137 Posts
Oct 14, 2014 at 07:05
Mitglied seit Oct 08, 2011
137 Posts
EUR/USD daily chart analysis:
when a trend-reversal occurs, a confirmation of the new trend is required. Before a confirmation-bar, a 'full correction' into the old trend is required. the full correction bar happened on Friday last week, with a lower high and a lower low than the preceding bar (last Thursday).
Yesterday's bar was the confirmation into the new trend (up-trend), producing a higher high and a higher low than the Friday bar.
Therefore, the high of last Thursday is a legitimate buy-stop entry:
buy-stop @ 1.2791
first - trade to near 1.2870 (first reverse-hook)
then - trade to near 1.2970 (second reverse-hook)
all on the daily chart.
If prices trade back into congestion, then this may not trade before the end of the week or beginning of next week (17 bars minimum - including the bar from Sept. 30th)
If prices go into a trading-range (over 20 bars), then the up-trend could last longer.
when a trend-reversal occurs, a confirmation of the new trend is required. Before a confirmation-bar, a 'full correction' into the old trend is required. the full correction bar happened on Friday last week, with a lower high and a lower low than the preceding bar (last Thursday).
Yesterday's bar was the confirmation into the new trend (up-trend), producing a higher high and a higher low than the Friday bar.
Therefore, the high of last Thursday is a legitimate buy-stop entry:
buy-stop @ 1.2791
first - trade to near 1.2870 (first reverse-hook)
then - trade to near 1.2970 (second reverse-hook)
all on the daily chart.
If prices trade back into congestion, then this may not trade before the end of the week or beginning of next week (17 bars minimum - including the bar from Sept. 30th)
If prices go into a trading-range (over 20 bars), then the up-trend could last longer.
"a little bit of knowledge is a dangerous thing"
Oct 14, 2014 at 07:45
Mitglied seit Jun 07, 2011
372 Posts
EUR/USD moved higher on Monday, to the 1.2760//90.
Many traders were expecting that and the daily momentum studies point towards further upside.
• Support: 1.2600 (S1) - 1.2500 (S2) - 1.2465 (S3)
• Resistance: 1.2790 (R1) - 1.2900 (R2) - 1.3000 (R3)
Many traders were expecting that and the daily momentum studies point towards further upside.
• Support: 1.2600 (S1) - 1.2500 (S2) - 1.2465 (S3)
• Resistance: 1.2790 (R1) - 1.2900 (R2) - 1.3000 (R3)
Mitglied seit Jul 10, 2014
1117 Posts
Oct 14, 2014 at 14:13
Mitglied seit Jul 10, 2014
1117 Posts
EUR/USD range has continued for several days now and it looks like we might have to wait a bit more before it becomes clear whether it will start descending again or not. As I see it, it either has to break above the resistance at 1.2750 – 1.2760 so it can reach its target around 1.2850 or it has to break below the support at 1.2500 so it can continue its descent to the long-term target around 1.2000.
Mitglied seit Jun 08, 2014
454 Posts
*Kommerzielle Nutzung und Spam werden nicht toleriert und können zur Kündigung des Kontos führen.
Tipp: Wenn Sie ein Bild/eine Youtube-Url posten, wird diese automatisch in Ihren Beitrag eingebettet!
Tipp: Tippen Sie das @-Zeichen ein, um einen an dieser Diskussion teilnehmenden Benutzernamen automatisch zu vervollständigen.