EUR/USD
Biedrs kopš
1141 ieraksti
Apr 27, 2015 at 08:47
On Friday the EURUSD initially fell but found enough buying pressure at the 50-day moving average to turn around and close in the green near the high of the day, above of the 50-day moving average. Today we may see may see a pullback toward the 50-day moving average before another move upward. The next key levels to watch in the short-term 1.0925 and mid-term at 1.10345.
"I trade to make money not to be right."
Biedrs kopš
137 ieraksti
Apr 27, 2015 at 08:51
If Greece are forced to exit the EU then I think there is another thing to consider = UK elections!
I.e. there could be a UK referendum regarding an EU exit within 2 years depending on who wins the elections....
I think the EURO is in for a VERY bumpy ride this year....
I.e. there could be a UK referendum regarding an EU exit within 2 years depending on who wins the elections....
I think the EURO is in for a VERY bumpy ride this year....
HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
Biedrs kopš
775 ieraksti
Apr 27, 2015 at 10:33
The Greece issue is still keeping the EURUSD in a range.
Biedrs kopš
372 ieraksti
Apr 27, 2015 at 11:15
EUR / USD traded slightly upwards on Friday, but found resistance near 1.0890.
The short term trend is upward. However, short-term oscillators show that may be imminent a slight retreat before the next upswing.
A close above 1.1045 could signal the completion of a standard 'double bottom' and maybe make room for broader bullish extensions.
The short term trend is upward. However, short-term oscillators show that may be imminent a slight retreat before the next upswing.
A close above 1.1045 could signal the completion of a standard 'double bottom' and maybe make room for broader bullish extensions.
Biedrs kopš
416 ieraksti
Apr 27, 2015 at 12:54
BenNathanFTA posted:
If Greece are forced to exit the EU then I think there is another thing to consider = UK elections!
I.e. there could be a UK referendum regarding an EU exit within 2 years depending on who wins the elections....
I think the EURO is in for a VERY bumpy ride this year....
I agree, a possible GB Exit would turn EURUSD into a roller coaster. But hey, this could be fun for trading?😎
Biedrs kopš
24 ieraksti
Apr 27, 2015 at 15:59
Guys I am watching the Greek issue very close. Greece will neither fail or exit EUROZONE. I don't know why but they full story in discussion is that Europe has to refinance around of 30B from a total of 240B.
Do you anyone from you know a creditor who would deny a refinance of 30B and drive a 240B financing plan to garbish ?
I think EURUSD is reflecting this true and will therefore go upwards direction 1.10-1.12. I am not sure how fast the ABS program will drive again the pair to 1.05
Do you anyone from you know a creditor who would deny a refinance of 30B and drive a 240B financing plan to garbish ?
I think EURUSD is reflecting this true and will therefore go upwards direction 1.10-1.12. I am not sure how fast the ABS program will drive again the pair to 1.05
Low Leverage, long term trades, stay safe...
Biedrs kopš
137 ieraksti
Apr 27, 2015 at 16:31
EUR/USD daily chart, major buy-stop entry signal.
Last week I posted a buy-stop entry signal with 3 precise entry price points.
In the meantime, all 3 entries have been filled and are well in positive territory.
I also gave 2 exit points.
trade short-term to near 1.1000
trade longer-term to near 1.1300
Today is bar nr. 29 in the closed trading range.
The breakpoint of the range is 1.1035
Price bar formations have the advantage that one can trade TOWARD a range break-point, and not FROM.
By the time the break-point is reached, a decision can be made to either exit or stay in the trade, depending on the bar positioning.
Market makers and news makers work together. They know exactly how to keep you at bay and prevent you from making money.
Trading any market is the toughest business in the world - but also the most profitable - if it's done right.
Last week I posted a buy-stop entry signal with 3 precise entry price points.
In the meantime, all 3 entries have been filled and are well in positive territory.
I also gave 2 exit points.
trade short-term to near 1.1000
trade longer-term to near 1.1300
Today is bar nr. 29 in the closed trading range.
The breakpoint of the range is 1.1035
Price bar formations have the advantage that one can trade TOWARD a range break-point, and not FROM.
By the time the break-point is reached, a decision can be made to either exit or stay in the trade, depending on the bar positioning.
Market makers and news makers work together. They know exactly how to keep you at bay and prevent you from making money.
Trading any market is the toughest business in the world - but also the most profitable - if it's done right.
"a little bit of knowledge is a dangerous thing"
Biedrs kopš
1117 ieraksti
Apr 27, 2015 at 16:59
EUR/USD just broke above the resistance around 1.0890 - 1.0900. I think it will soon reach target 1.1000 and I am starting to suspect it might climb even higher and reach 1.1050 or perhaps even 1.1120, which coincides with 89(MA) on the daily filter chart.
Biedrs kopš
454 ieraksti
Apr 27, 2015 at 18:36
EUR/USD is testing the resistance level 1.0900 more than once today and still failed to break over it.
Biedrs kopš
413 ieraksti
Apr 27, 2015 at 19:31
The 1.0900 level still resists the EUR/USD uptrend today.
Biedrs kopš
834 ieraksti
Apr 27, 2015 at 22:07
(labots Apr 27, 2015 at 22:07)
Yes, Eur/Usd hit fresh high of 1.0926, that brings 1.100 handle back to the picture again.
Biedrs kopš
230 ieraksti
Apr 27, 2015 at 23:18
csc2009 posted:
Yes, Eur/Usd hit fresh high of 1.0926, that brings 1.100 handle back to the picture again.
You are right, 1.10 might just back to the picture. This week there will be something to come from the Greeks for the IMF and EU minsters in respect to their plans for reform which supports the euro, let's see.
Biedrs kopš
271 ieraksti
Apr 28, 2015 at 04:02
It may reverse direction soon but before that touching 1.0965 is a possibility. Important fibo extension level.
antariks1@
Biedrs kopš
11 ieraksti
Apr 28, 2015 at 06:59
Does anyone see a forming double bottom on D1 on eurusd? Take into consideration it is not confirmed due to the fact it didn't brake the 1.1 level.
Run after the system not for the profit!
Biedrs kopš
1141 ieraksti
Apr 28, 2015 at 08:35
On yesterday session EURUSD initially fell but found enough support at 1.0816 to turn around and close in the green in the middle of the daily range, creating a doji candle. The pair changed from a bearish to a recovery phase. Stochastic is showing an overbought market but even with the pair well into overbought territory, we should not fight the strong upward correction just yet.
"I trade to make money not to be right."
forex_trader_236107
Biedrs kopš
116 ieraksti
Apr 28, 2015 at 10:20
honeill posted:
On yesterday session EURUSD initially fell but found enough support at 1.0816 to turn around and close in the green in the middle of the daily range, creating a doji candle. The pair changed from a bearish to a recovery phase. Stochastic is showing an overbought market but even with the pair well into overbought territory, we should not fight the strong upward correction just yet.
My lord.. everywhere you post, you copy and paste the same exact thing. Don't you have anything else better to do?Maybe like trade?
forex_trader_236107
Biedrs kopš
116 ieraksti
Apr 28, 2015 at 10:21
TeddyRevi posted:
Does anyone see a forming double bottom on D1 on eurusd? Take into consideration it is not confirmed due to the fact it didn't brake the 1.1 level.
You are most certainly behind the '8 ball) if you are trading daily charts.
Biedrs kopš
372 ieraksti
Apr 28, 2015 at 10:50
EUR / USD continued yesterday to negotiate on high until the resistance of 1.0910.
Short-term oscillators show that there may still give a slight decline before more climbs.
The RSI fell after hitting resistance (line 70), and the MACD rose and may cross below its signal line.
In the bigger picture, the EUR / USD is still trading below the moving averages 50 and 200 days.
Short-term oscillators show that there may still give a slight decline before more climbs.
The RSI fell after hitting resistance (line 70), and the MACD rose and may cross below its signal line.
In the bigger picture, the EUR / USD is still trading below the moving averages 50 and 200 days.
forex_trader_236107
Biedrs kopš
116 ieraksti
Apr 28, 2015 at 10:56
takechance posted:
It may reverse direction soon but before that touching 1.0965 is a possibility. Important fibo extension level.
Why don't you stop posting on this useless thread, and make some actual trades?
Biedrs kopš
137 ieraksti
Apr 28, 2015 at 11:31
When someone posts 'prices may reverse soon' it would be wise to also say which time-frame he or she is looking at.
Look at the 1 min chart - prices reverse all the time!
Look at the monthly chart - prices have NOT reversed in 9 months.
When examining the monthly chart, going by the fact that there are only 3 more days left to trade in April, the April bar may produce an 'INSIDE REVERSAL BAR'.
How can it be traded?
The rule: if there are 3 or more bars in the same trend (in this case there are 9 consecutive bars that open higher than they close)
and then there is a reversal bar (in this case the close price is higher than the open price)
then add 1 pips to the high of the reversal bar (ask price) and post a buy-stop signal.
Put your SL 4 pips below the low of the previous month and move the SL according to sections on the weekly or daily chart.
Attempt to trade to near the open GAP at near 1.2100
This is one of the simplest price bar formations and can be traded on any time-frame.
Look at the 1 min chart - prices reverse all the time!
Look at the monthly chart - prices have NOT reversed in 9 months.
When examining the monthly chart, going by the fact that there are only 3 more days left to trade in April, the April bar may produce an 'INSIDE REVERSAL BAR'.
How can it be traded?
The rule: if there are 3 or more bars in the same trend (in this case there are 9 consecutive bars that open higher than they close)
and then there is a reversal bar (in this case the close price is higher than the open price)
then add 1 pips to the high of the reversal bar (ask price) and post a buy-stop signal.
Put your SL 4 pips below the low of the previous month and move the SL according to sections on the weekly or daily chart.
Attempt to trade to near the open GAP at near 1.2100
This is one of the simplest price bar formations and can be traded on any time-frame.
"a little bit of knowledge is a dangerous thing"
