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plan-b replied Jan 6, 2010Hanging in the middle of the range Will hold on to my long and see what NY brings Will rethink only when price breaks firmly into that lower band 1.4230-1.4280 image
EURUSD
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plan-b replied Jan 6, 20101.4380 is a hard nut to crack but so is 1.4350 below. If 4380 gives way watch how it behaves at 1.44 to either cash in chips or hold to 1.4480
EURUSD
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plan-b replied Jan 6, 2010Correct.. Wait for a better higher level to short OR for a firm break of support at 1.4250 area , anything in between is clutching at straws. Its still a range, why take positions in the middle? In the mean time this dips can be bought with a stop ...
EURUSD
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plan-b replied Jan 6, 2010As much as trading lower tf may be profitable its always advisable to do it with an eye on the higher tf's otherwise this sudden moves will shock when really nothing significant has changed. For now its still ranging. The only other protection is to ...
EURUSD
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plan-b replied Jan 5, 2010I tried getting 93 on uj yesterday but removed it at NY close when it was not activated, good entry..
EURUSD
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plan-b replied Jan 5, 2010Bears 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 supports below are taken out ...
EURUSD
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plan-b replied Jan 4, 2010Happy new year y'all ! — Seems like we have a base of sorts in the weekly. I have half a position from 1.43 , willing to hold for a while. image
EURUSD
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plan-b replied Dec 18, 2009What levels are you targeting above? I am risking 1.4280, if it does not hold i wait for a better area lower, 1.41 looks good, below that is strong bear country..
EURUSD
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plan-b replied Dec 18, 2009
It should give back something north against 1.4280 risk before it continues to lower levels levels to watch out for(book profit) 1.4447, 1.4612, 1.4815 image EURUSD
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plan-b replied Dec 17, 2009For a 1.48 target wasn't the stop a bit tight? But i guess it all depends on how much one is willing to risk on any position to find out if he is wrong or right. firmly below 1.43 would worry me..
EURUSD
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plan-b replied Dec 17, 2009I am with you on that 1.4260-80 risk level, The bounce will come and take it to above 1.48 but before then all the weak bulls will be stopped out. But long term bears with good entries (above 1.51) should not worry , I think after correction to ...
EURUSD
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plan-b replied Dec 17, 2009what is your target? I hope to offload my longs between 1.47-1.48 I then enter shorts from that level targeting 1.3850 from where i think the big up move will continue..
EURUSD
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plan-b replied Dec 17, 2009I am building eu longs and just trying to figure out significant support in order to place appropriate stops.. A daily close above 1.4530 would be reassuring though.
EURUSD
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plan-b replied Dec 17, 2009weekly — 1.4280 gives way to 1.38 area OR bounces to at least 1.48 and if there is momentum 1.5350 My bet is on a bounce, might not be this year though. image
EURUSD
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plan-b replied Dec 17, 2009The question that continues to beg is which area is the up trend considered over. 1.4285 area i think is crucial for a very significant bounce or further fall below 1.40 image
EURUSD
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plan-b replied Dec 16, 2009Hopefully your stop won't be hit before it goes up. I am willing to risk 1.4470 area but targeting 1.48
EURUSD
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plan-b replied Dec 15, 2009Similar numbers .. Plausible trades 1.A buy in 1.4490-1.4520 area with say a 40 pip stop.. 2.If no1 does not hold, another buy at 1.4350-1.4400 area low risk with lots of potential.
EURUSD
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plan-b replied Dec 15, 2009weekly candles — image Numbers may be slightly off but we may have bounced off a 50% fib It can continue lower but if it blows the 1.4340(61.8%) area then its headed below 1.39 (Unlikely) The other more plausible scenario is that the bear is ...
EURUSD
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plan-b replied Dec 15, 2009My thoughts exactly. It might play around here, maybe go to 1.4480 or even 1.44 if the big boys want a good level to buy it tomorrow but eventually it breaks above 1.4750 before i even start considering profit taking.. Money management is crucial ...
EURUSD
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plan-b replied Dec 15, 2009Might spike all the way to 1.44 especially at the big news tomorrow but i suspect down move is done 1.4830 and 1.49 might print before the end of the week of course i could be wrong image
EURUSD