Euro vs US Dollar D1 Live Forex Chart

EURUSD,D1 Chart By dadotradez

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dadotradez
dadotradez Feb 13, 2014 at 17:18
great example of why you TAKE THE PIPS even if you are short of your planned take profit; also a great example why you should periodcally check your trades; look at what happened, the thing shot through the roof and if i had waited for my planned 67 i would've gone home without a dollar to my name!
dadotradez
dadotradez Feb 13, 2014 at 01:11
i planned the last trade to go for 67 pips, but i got on the bus home and saw that i had 32.4 in the bag, so sometimes you just have to TAKE THE PIPS!

i still think it will dip to 1.3550 at least and maybe lower, but we will see how it goes.
dadotradez
dadotradez Feb 11, 2014 at 17:43
on the last trade i took the green line as an intermediate s/r and used that big pinbar as a setup (third red arrow from the left); it proved to be good and now we will look for a short setup at around 1.3680 which i expect to form as part of the greater down trend starting with the huge pin at 1.380 (first pinbar)
dadotradez
dadotradez Feb 12, 2014 at 02:06
*first arrow
dadotradez
dadotradez Feb 12, 2014 at 02:06
was the huge pinbar*
dadotradez
dadotradez Jan 31, 2014 at 13:50
alright, added a new line here at around 1.34761. it's not a major support/resistance level but an 'intermediate' level, and if we hit this then it's on for more signs, potential bear pin toward 1.33655--- the next major support
dadotradez
dadotradez Jan 31, 2014 at 12:13
nice little bull pin forming at 1.35, too bad it's friday. will be dreaming of this setup over the weekend; can't wait for next week
dadotradez
dadotradez Jan 31, 2014 at 13:55
this shows that you can't really count on any signs until nyc closes, at least that's how i see it. and because i don't trade fridays, it will have to be until next week to see where it goes. but the day should be a lot of fun for the eurusd
dadotradez
dadotradez Jan 29, 2014 at 13:23
okay i took about 55 pips on the trade because it dropped to 1.3605 which is something i'm happy with. good discipline to stay in there, but i happen to be there at the right time and i nabbed it.

i still expect a further drop to 1.3550 or so but as far as i'm concerned i'm outta this joint until the next setup comes along
dadotradez
dadotradez Jan 31, 2014 at 12:22
drop to 1.3550 confirmed, and well below
dadotradez
dadotradez Jan 28, 2014 at 01:33
Recent support and resistance lines, the first down arrow highlights the huge bearish pinbar where the pair failed to break 1.38; second red arrow points to another bearish pinbar where we want it to go to around 1.36