If 1.4050 is broken i might consider a small long and enter full if 1.4150-1.42 is broken strongly(break out trade on daily). Until then sellers might take this to below 1.38

EURUSD

Looks like a failure at 1.4028 1.4052 not ruled out but its seems there are big sellers before that area bear not quite dead .

EURUSD

Bull failure at 1.4030-55 will take us to 1.3750 If bull continues firmly past 1.4150-1.42 then its goodbye bears Avoid traps, enter at low risk areas..

EURUSD

Not looking good for bears. Above 1.4055 i close my short position Above 1.4150 i am a euro bull

EURUSD

Got a welcome 50 shorting it against euro from 0.87

EURUSD

I have closed my long and entered short just above 1.58 Now i wait. at least the interest is better on the trip down

EURUSD

"Slippage" or is it going to above 1.60? image

EURUSD

This weeks candle close does not inspire any confidence for bulls, Either a yearly low will be in place soon (1.3750 area) or the dollar will rule the world this year.. February has a story to tell but i am starting to think green pips will be ...

EURUSD

Got it , Thanks ! H4 is as short term as i get and its currently just above the lower line. If its breached i take a loss on my longs and maybe short it to 1.3780 before buying again. In the meantime i will be waiting to see what happens at ...

EURUSD

A closer look.. image

EURUSD

I have heard it mentioned in low tones once in a while but i am not sure how it eventually plays out Does it break out in the opposite direction or break the lower line?

EURUSD

here you go image

EURUSD

If current support does not hold there is no stopping until 1.3750 area but it seems like 1.3980 is strong here is why.. image

EURUSD

Miscalculated is an understatement ? Correct me if i am wrong , a micro a/c with say $500 $ 500 * 700,000% = $ 3,500,000/=

EURUSD

A buy at current levels 1.40 with a reasonable stop at yesterdays low could reward. A daily or weekly close below 1.3950 will accelerate the push down

EURUSD

Nothing wrong with picking up 40 pips in a move that might or might not have given +100. You could try dividing your exit into 2 or 3 parts Say you enter short on eu with a position that's 3:1 of your account You could collect those 40-50 pips on ...

EURUSD

I guess its all about where your support line passes, I have drawn mine and it's in the 1.3750-1.3850 area. 50% of 1.25-1.51 also comes in at 1.38 61.8% of 1.29-1.51 is also around 1.38 Last years uptrend was very strong, the question is when does ...

EURUSD

I think 1.38 is only a matter of when not if. Its kind of consolidating in the middle of nowhere, might unwind higher(maybe 1.43-1.4370) before that strong push down to 1.3750-1.3850 area Aggressive bulls might feel that we may already have a low ...

EURUSD

long term — Not looking very good for bulls at the moment but if 1.41 does not hold we may get a yearly low by end January or February around 1.38 before the uptrend continues. Below 1.38 exposes 1.35 which is the last frontier before 1.25 I ...

EURUSD

I had posted EUR/AUD chart sometime back. There is significant support and lots of potential for pips north side against 1.5400-1.5450 risk The roll over can be a pain though And all the charts above 4H are very over sold. image

EURUSD