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EUR/USD
Miembro desde Aug 30, 2012
posts 104
Jan 31, 2015 at 14:11
Miembro desde Dec 28, 2014
posts 8
prachait posted:It is better to put your technical analysis rather than put what others say ... be a trader not playerhoneill posted:
It’s been a fundamentally eventful start to the year for the global economy’s central banks – the SNB removing its peg, the ECB announcing a 1.1 trillion euro stimulus package, and now Yellen privately hinting to US lawmakers that a rise in interest rates might not come as soon as the markets expect. The technicals, as usual, reflect this recent uncertainty in the form of a triangle consolidation pattern (pennant) over the course of the week.
I remain technically bearish on the pair under its 10-day moving average (it has been under this level since mid-December) at 1.1350, though we really need a break above 1.1450 (above the 61.8% retracement level) to confirm the medium-term downtrend has ended.
😀 Good One |
How about the people saying that EURUSD will have the downward trend to 1.115 ?
Thanks, Prachait
Miembro desde Nov 21, 2011
posts 1718
Jan 31, 2015 at 14:47
Miembro desde Nov 21, 2011
posts 1718
Miembro desde Nov 12, 2010
posts 174
Jan 31, 2015 at 14:51
Miembro desde Nov 12, 2010
posts 174
blownaccount posted:
Never hold positions over the weekend. bad policy!
I have actually made quite a bit of money on the gaps. The trick is not to hold very large positions over the weekend to mitigate risk. Last weekend with Greece I figured it would gap down and it did (50 pips). You just have to see what news might come out over the weekend and how things have been trading and take an educated guess on the way it will open and you can make a little bit.
See my profile or message me for my latest EA
Miembro desde Jun 08, 2014
posts 454
Miembro desde Mar 23, 2014
posts 5
Miembro desde Nov 12, 2010
posts 174
Miembro desde Apr 14, 2014
posts 230
Miembro desde Nov 12, 2010
posts 174
Feb 01, 2015 at 21:40
Miembro desde Nov 12, 2010
posts 174
The price fluctuates all weekend as some trading still goes on, just not for us little guys.
You can view current prices on websites such as
www.xe.com
OR
https://www.cnbc.com/id/15839178
You can view current prices on websites such as
www.xe.com
OR
https://www.cnbc.com/id/15839178
See my profile or message me for my latest EA
Feb 01, 2015 at 22:28
Miembro desde Apr 09, 2014
posts 834
I think we will have a very interesting week ahead of us.
https://www.reuters.com/article/2015/01/31/us-eurozone-greece-idUSKBN0L40IL20150131
https://www.reuters.com/article/2015/01/31/us-eurozone-greece-idUSKBN0L40IL20150131
Miembro desde Nov 11, 2012
posts 271
Miembro desde Aug 30, 2012
posts 104
Feb 02, 2015 at 07:49
Miembro desde Aug 30, 2012
posts 104
Yep Market Gaped Up! we normally do not hold positions over the weekend, but the octave system was predicting a gap. so it worked out great, closed out all the winning trades a few minutes ago and just waiting on the next trade.....
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Miembro desde Apr 08, 2014
posts 1141
Feb 02, 2015 at 09:54
Miembro desde Apr 08, 2014
posts 1141
EURUSD is consolidating in a tight range; it looks like the market is taking a pause to bread as the pair waits for the Friday’s nonfarm payrolls.
"I trade to make money not to be right."
Miembro desde Oct 08, 2011
posts 137
Feb 02, 2015 at 16:02
Miembro desde Oct 08, 2011
posts 137
Either one of the highs of the last 4 days are legitimate buy-stop entries. (major price-bar formation)
Add 1 pip to either one of the highs (ask price) to enter a trade.
This is only valid, if the high from Friday is traded through on today's bar.
Tomorrow, the current formation is not valid anymore if it does not happen today.
There may be another formation to enter tomorrow.
Prices are currently at 1.1344
Add 1 pip to either one of the highs (ask price) to enter a trade.
This is only valid, if the high from Friday is traded through on today's bar.
Tomorrow, the current formation is not valid anymore if it does not happen today.
There may be another formation to enter tomorrow.
Prices are currently at 1.1344
"a little bit of knowledge is a dangerous thing"
Miembro desde Oct 11, 2013
posts 775
Miembro desde Jul 10, 2014
posts 1117
Feb 02, 2015 at 19:19
Miembro desde Jul 10, 2014
posts 1117
honeill posted:
EURUSD is consolidating in a tight range; it looks like the market is taking a pause to bread as the pair waits for the Friday’s nonfarm payrolls.
I agree, we will likely have to wait for the US Non-Farm payrolls to provoke some volatility on the market.
Miembro desde Jun 08, 2014
posts 454
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