Edit Your Comment
EUR/USD
会员从Jul 10, 2014开始
1117帖子
Aug 29, 2015 at 11:23
会员从Jul 10, 2014开始
1117帖子
sherifFares posted:
EUR/USD broke the psychological support 1.1200 and now heading for the next support line 1.1160. but I don't think there will be a break before the market close. I guess it will be a chance for short under the support line.
I think we can expect it to fall much lower than that next week. It will likely reach 1.1070.
会员从Oct 02, 2014开始
909帖子
会员从Jun 08, 2014开始
454帖子
会员从Nov 19, 2014开始
169帖子
Aug 30, 2015 at 19:40
会员从Nov 19, 2014开始
169帖子
......Yet another example of how Consolidation Breakouts with Large Candles lead to False Breakouts....another trap of the market..
EURO USD looked set to break higher with this Large Candle...
...but I expected it to at least pause before either moving sideways or reversing sharply....
This is because these Large Candles, as attractive as they are, hardly lead to successful breakouts.
Figuring this out and identifying the types of Candles that actually lead to profitable breaks was what I had to do...
I cant tell how much money was lost and time spent in spotting the right signals to trade- made a big difference in results.
Although this has taken place on the Daily Chart, these Large Candles are seen across all time frames as well. Its not so much the size in terms of Pips but relative to the other Candles on the time frame being traded. So whether you are a Day or Swing Trader, they will appear from time to time.
Once you can make this distinction, it becomes much easier to avoid these traps.
[B]Duane
DRFXTRADING[/B]
Trade Less, Earn More
Aug 31, 2015 at 07:58
会员从Apr 08, 2014开始
1141帖子
On Friday session the EURUSD pair fell for the fourth straight day and closed in the red near the low of the day on a narrow range. The currency made a stronger pullback and is trading within a daily support zone from 1.1237 down to 1.1097. A break above the 1.1237 will suggest another up run to 1.1555.
"I trade to make money not to be right."
Aug 31, 2015 at 08:02
会员从May 01, 2015开始
675帖子
On Friday the euro recorded a fall against the dollar. The single currency depreciated for the fourth consecutive session and thus came close to the support at 1.1105. In the short term it is expected price correction and the pair to recover some of the losses by testing the resistance at 1.1329. Trade on Friday launched at 1.1244 and finished 58 pips below. Bulls prevailed in the early hours of the session, but then later the direction was changed and currencies hit bottom for the day at 1.1155.
会员从Jul 10, 2014开始
1117帖子
会员从Jun 08, 2014开始
454帖子
会员从Oct 11, 2013开始
775帖子
Sep 01, 2015 at 06:42
会员从May 01, 2015开始
675帖子
The euro recorded a minimal increase against the dollar. The negative series of the single currency was interrupted, but the couple remained at the lower levels. If short-term expectations justify the adjustment of the price will continue, bullish sentiment will become more intense and currencies will make a test of resistance at 1.1329. Monday session was relatively calm, and the pair ranged in a narrow range. The start was given at a rate of 1.1172, and the finish line was crossed 37 pips higher. Peak of the day was achieved at 1.1261.
Sep 01, 2015 at 09:45
会员从Apr 08, 2014开始
1141帖子
Yesterday the EURUSD tried to rally but found some resistance at 1.1237 to turn back but managed to close in the green at the middle of the daily range. Looks like the currency will keep pushing higher, the first stop should be the 10-day moving average at 1.1326 and a close above it would suggest a stronger move up to 1.1460 daily resistance.
"I trade to make money not to be right."
会员从Nov 11, 2012开始
271帖子
会员从Nov 21, 2011开始
1718帖子
*商业用途和垃圾邮件将不被容忍,并可能导致账户终止。
提示:发布图片/YouTube网址会自动嵌入到您的帖子中!
提示:键入@符号,自动完成参与此讨论的用户名。