EUR/USD

I'm long from 9724 break even, looking to break above 1000,it might take a few attempts before it does.

I just closed my long, but I am starting to think that was a premature decision.

I was looking at the long term trend ,looked like a favourable place to get in,was thinking it would retest 1000,might get some closing out around EU close

mlawson71 posted:
I just closed my long, but I am starting to think that was a premature decision.

good decision ,the upside is exausted,will retreat soon

Its trying to break above 10200,its made a few attempts the trend still looks upwards , until that changes on news or tech.I am keeping an eye on GBP/CAD if it retests the 60000 level looks like a good support level.

It was an aborted attempt, unfortunately. The trend is still bearish.

Yeah 11 o clock can be a game changer ,Goldman intervention , news coming up at 1.30 a good trade from 9724-10150.

Long from 09600,looks like a reasonable entry point 2 mins till US open.

I am considering opening a long too, but so far I am not seeing a reversal signal.

09000 area looks like a pretty good area to go long,if we get down to that level, great moves today, news moving the markets around.

mlawson71 posted:
I am considering opening a long too, but so far I am not seeing a reversal signal.

Sometimes there is no signal just price level, higher or lower odds of it going up or down.

True. Either way, I am glad I didn't actually open that long position then.

M1 chart looks bearish to me today. Maybe a short position for a couple of hours would be a good option.

The minute chart looks different from one hour to another though, it's not indicative of an overall trend.

first time seeing the chart today,looks like we re heading back down to 08600,that would be my entry point if I was thinking of trading it.

looks like the bulls are taking over... will trade on that!

how do you see the current situation on the EURUSD?

CliveCampbell posted:
how do you see the current situation on the EURUSD?

Election dependant, after that it should trend nicely.

Its all about the Elections , what we might see happening is dollar strength into the final vote ,that's if it becomes clearer who's going to win, right now that is not apparent , Euro is getting bought, uncertainty causing dollar weakness,all depends who gets in , investors don't have much confidence in Trump.