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plan-b replied Jan 20, 2010A weekly close above 1.43 will be good for bulls, Below 1.41 good for bears image
EURUSD
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plan-b replied Jan 15, 2010Best post i have read this year. Don't spend hours willing eu to head in your favorite direction. Dollar might be very strong this year OR the weakest its ever been. Randomness..
EURUSD
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plan-b replied Jan 15, 2010It might be premature but i have entered long with eyes above 1.4550 it might still go to bounce from 1.4330 or 1.4270 .
EURUSD
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plan-b replied Jan 14, 2010An excerpt from the book "The richest man in babylon" THE FIVE LAWS OF GOLD I. Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earngs to create an estate for his future and that of his family. ...
EURUSD
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plan-b replied Jan 12, 2010We might be due for some bit of dollar strength. A good place to cash eu longs
EURUSD
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plan-b replied Jan 12, 2010Depends on your time frame, H4 and below look a bit extended(look at the falling line on 15min-a good sell at 1.4505 with tight stop) but on higher frames 1.4280-1.43 was a good place to buy and hold.
EURUSD
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plan-b replied Jan 12, 2010I have also let go of mine i got in at 93.50 small lot but very satisfactory trade..might jump in again at 94-95
EURUSD
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plan-b replied Jan 12, 2010It is always trade able, depends from which side you are looking at it. One side can be that it seems supported by 1.4450 area buy dips and wait for those 50-100 pip moves, anything else is just noise.
EURUSD
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plan-b replied Jan 12, 2010Above 1.4646 is good for bulls Below 1.4444 not so good. Below 1.4250 bad. image
EURUSD
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plan-b replied Jan 12, 2010Might go back to 1.4370 before it resumes up But it seems the previous range highs might provide strong support
EURUSD
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plan-b replied Jan 12, 2010Apart from maybe Jay most of the other traders here (myself included)kept expecting eu to top up even at 1.44 in August. That goes to show how so many people could use so many indies and fundies and still be way wrong.. A firm close above 1.46 would ...
EURUSD
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plan-b replied Jan 12, 2010Everyone sounds convinced that last years uptrend is over. What if this was just a retracement before the move north continues? image
EURUSD
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plan-b replied Jan 11, 2010[quote=plan-b;3341300]Bears especially on higher TF will get better entry levels way above current levels maybe later in the month. But on lower tf there might be some pips below before it goes up, 1.4830 would not surprise before significant ...
EURUSD
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plan-b replied Jan 7, 2010Interesting support on EUR/AUD I have gone long at current levels.. small position with breathing space image
EURUSD
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plan-b replied Jan 6, 2010Yup. Earlier guys were shorting 1.4320 , i mentioned that its kind of middle of nowhere. A firm close below 1.4280 or wait for better entries higher would be a much better entry, and now here we are piercing 1.44 in NY 1.4480 gives way and its hello ...
EURUSD
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plan-b replied Jan 6, 2010In my insignificant experience if you have a good entry with appropriate stop and target based on your chart and TF , the news will simply help move things along either way. No need trying to figure out which way price will react to the news, just ...
EURUSD