EUR/USD

Jun 17, 2012 at 11:03
213,146 Views
9,790 Replies
rob559
forex_trader_29148
Biedrs kopš   1768 ieraksti
Dec 10, 2014 at 00:18 (labots Dec 10, 2014 at 00:20)
in a week or so it is gonna reach 1.22 and dust, not sure it is gonna stop there will need a lot of help thereafter to back up
Dec 10, 2014 at 02:14
Only short term correction, I guess. Prices are coming down, remain between 1.2390 to 1.2290.
Biedrs kopš   832 ieraksti
Dec 10, 2014 at 02:42
I guess it was another good opportunity to sell.
Dec 10, 2014 at 02:56
The 1.2400 level has acted as a good resistance for the EURUSD. Lets see if it goes back down and visits the 1.2300 level.
Dec 10, 2014 at 07:26
It is on its way to 2239 Now ?
Biedrs kopš   32 ieraksti
Dec 10, 2014 at 07:39
alexforex007 posted:
The 1.2400 level has acted as a good resistance for the EURUSD. Lets see if it goes back down and visits the 1.2300 level.

22, 22....
nothing is impossible
Dec 10, 2014 at 08:25
Is`nt the R at 24 stronger and the S ?
Dec 10, 2014 at 08:25
At 2360 i ment
Biedrs kopš   1140 ieraksti
Dec 10, 2014 at 09:07
EURUSD rallied on yesterday session but struggle to keep up the bullish momentum just below 1.2450 keeping the resistance intact, so near term outlook stays bearish. The pair might make another run to the 1.2450 level giving us another opportunity to go short.
"I trade to make money not to be right."
Dec 10, 2014 at 09:20
EUR/USD -
there is a ledge buy-stop entry on the 4 hr chart.
buy @ 1.2398

and a first hook buy-stop entry
buy @ 1.2447

"a little bit of knowledge is a dangerous thing"
Dec 10, 2014 at 13:31
sellstop at 2388 :-/
Dec 10, 2014 at 13:32
Shudent the downtrend gett stronger and stonger everytime it it 24 ?
Dec 10, 2014 at 15:06
Although EUR/USD was met with a pretty strong resistance around the 1.2460 level and formed an inverted hammer candlestick pattern under the resistance level, the pair is still testing the resistance. At this point, I think, it is uncertain whether the movement to the upside will continue or the pair will begin descending again.
Dec 10, 2014 at 15:13
EUR/USD trade reference
buy @ 1.2398

the high from yesterday on the 4 hr chart is called "first time around" high to take out 1.2455

many times the first attempt fails, but the second time around the high is traded through.
the current attempt is called the "second time around"
It would be wise to exit just below the high from yesterday, or wait it out by setting the SL to a few pips below break-even
example 1.2390

in either case, the next reverse-hook on the daily chart is at 1.2505
below that price would be the exit if 1.2455 is taken out.



"a little bit of knowledge is a dangerous thing"
Biedrs kopš   372 ieraksti
Dec 10, 2014 at 17:31
EUR / USD continued high on Tuesday to hit resistance.
The 1.2250 is now a key reference area.
There is a positive divergence between both our short-term oscillators and the price-action.
On the daily chart, can be identified possible formation of candle "morning star", which favors the continuation of recovery.
The daily momentum indicates climb.
R3 - 1.26051
R2 - 1.25263
R1 - 1.24493
Daily Std. Pivot - 1.23705
S1 - 1.22935
S2 - 1.22147
S3 - 1.21377
http://bewayopa.wordpress.com/
Biedrs kopš   413 ieraksti
Dec 10, 2014 at 19:15
bewayopa posted:
EUR / USD continued high on Tuesday to hit resistance.
The 1.2250 is now a key reference area.
There is a positive divergence between both our short-term oscillators and the price-action.
On the daily chart, can be identified possible formation of candle "morning star", which favors the continuation of recovery.
The daily momentum indicates climb.
R3 - 1.26051
R2 - 1.25263
R1 - 1.24493
Daily Std. Pivot - 1.23705
S1 - 1.22935
S2 - 1.22147
S3 - 1.21377
http://bewayopa.wordpress.com/


Very useful analysis, thank you.
Dec 10, 2014 at 20:28
It's about time for the price to have a rebound I can see on the 4 hour chart a potential double bottom.
Dec 10, 2014 at 21:51
The Euro keeps retracing versus the Dollar, but the long term trend is still bearish and very much intact.
Biedrs kopš   41 ieraksti
Dec 11, 2014 at 04:09
what is the today target ??
Dec 11, 2014 at 04:09
EUR/USD trade reference

buy @ 1.2398 and
buy @ 1.2447

mission accomplished!

As I mentioned in my previous post, when the "first time around high" is taken out, prices could rise to near the high of the first reverse-Hook on the daily chart @ 1.2505
It is always advisable to exit a few pips below that price value, especially when the signal comes from a faster time frame, in this case from the 4 hr. chart!
"a little bit of knowledge is a dangerous thing"
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