And with the girl comes the children Best of life guys, but it takes a lot longer to learn new stuff (like trading). Happy hunting

EurAnalysis

Have taken my 4H from FXCM (london) not my FxPro account (London +2)

EurAnalysis

Hmm haven't that level marked down will take a look tonight. Have a 1H there though. Could be different because of which time frame you are looking at.

EurAnalysis

Anybody can/care to explain the 120+ PIP plunge?

EurAnalysis

Ill add my 4H historic S/R. Next one comes in at 1.3310 and after that 1.3407

EurAnalysis

Good on you. I'm out here for 50. Trade taken on rejection of 1.2991

EurAnalysis

Entering the holdidays and low volume there will be from here on to mid begining of jan.

EurAnalysis

If they are barrier then 1.3 is out. EDIT: The thing that happen is that they who issue the options hedge them by selling EUR/USD at a higher level and now they cover when the price approaches the barrier level. If hedged properly they sell ...

EurAnalysis

Same here. 1.3 is no more than a round number and thus we have options at that level but that's it.

EurAnalysis

Guys, no offense, but I'm a narrow minded kind of guy. Couldn't you take the mumbo jumbo to a new thread? Please

EurAnalysis

Yes and in the EZ

EurAnalysis

PT see you lurking . Still holding your shorts from 1.37? Do you think we will test 1.3145 before we reach 1.287? And if we retest will you short there?

EurAnalysis

There is also unfinished business at 1.3145. But I rather short there than long here...

EurAnalysis

Sorry I'm a little late but here comes the pictures I promised yesterday. The first show an established double top. The arrows are the tops and the v marks where the double top is established. I trade it almost exclusively with confirmation that is ...

EurAnalysis

Ok to be clear: Its not a double bottom until we have a close above the 1.425 area. If you want to take a long here on a maybe to be double bottom then thats up to you. But I assure you the odds are not good. EDIT:I'll make some pics on this when ...

EurAnalysis

No not exacly. Dont have a chart in front of me. Could be 1.424 or something like that. Keep up the good work (trading that is) EDIT: Take a look at cloggies posts where there are attachements and you see how he trades double bottoms and tops ...

EurAnalysis

Yep it is. Wonder why "they" just don't try to learn from Cloggie instead.

EurAnalysis

Its a double bottom but not a confirmed one. Like I said earlier the confirmation requires a close (daily) above 1.425. EDIT:So if you trade the daily you should first of all wait for the daily candle to close to see if the bottom holds and then ...

EurAnalysis

Could very well be bullish for EUR. But its a risk off number. Should be bearish for EUR/USD.

EurAnalysis

Sorry but I dont see the double bottom. It should look like a W with a close above.

EurAnalysis