BTW h1 and m30 just closed under 38.2 again. We have yet to have any H1 closes above 38.2 probably going to reverse long @ 3087 half TP @ 55 = +68 half TP locked @ 33 = +46 total = +57 long @ 3143 closed -1 pip, because the bounce off of 40 area was ...

EURUSD

Yeah, EURAUD is going to the moon. I can't believe I did not long that 1.16 triple bottom. Fear plain and simple.

EURUSD

added the half back @ 43, stops under 40

EURUSD

halfed @ 3155 has potential to go higher of course but 70 pips is nice and the downside risk is much higher now. could even double top here in the short term (although not sure so only taking half profit until this long becomes invalid..if we ...

EURUSD

We're going to 1.3080 I think. From there I don't know but could very well continue on up at that support. I will buy it if gets there anyway. If doesn't test lower than this is one hell of a bull that should have no problem cracking 1.35, by Q1 ...

EURUSD

Possibly but I'm not going to bet on it

EURUSD

Im liking this rejection here. The trend line the bulls bounced off of many times. This isn't a channel even though it looks like it, just the old UTL and the new UTL, they happen to have the same slope. Also some divergence up @ 1.3133 Will we ...

EURUSD

another tl break fakeout enough posting for now, might post some during london what would you do in this scenario? redraw the trendline touching the new bottom, or touching the lowest body where the trendline does not pierce any other bodies (but ...

EURUSD

good spot to short need to break below 17/18 for this little bull to fail

The Really Useless Thread

close half 3123**

EURUSD

i dont know why this is but... its so much easier to see the dollar keep tanking than to see EU keep rallying maybe my strong bias towards the inevitable destruction of all currency? obviously EU and USD aren't complete mirrors of each other but ...

EURUSD

well... 3145/60 area is 38.2 fib of 1.49s to 1.20s and also 78.6 fib of this years high to this years low no supply until 3280 though you are right.

EURUSD

I'm long from 3111 Perhaps retest of 3166 before we pull back. first need to break 3121 and 30

EURUSD

Get some good rest. I want to hear about your views and trades/potential trades you may take if you don't mind sharing later. Goodnight buddy. Fake TL break.

EurAnalysis

Long EU 3111 (day trade) need to break through 3117 to attack 30

EurAnalysis

Oh I thought you were calling for 1.78 when EU was in 1.40s last year. I did misunderstand or just missed that 2015 part.

EurAnalysis

i mostly day/week trade so i really don't use this type of analysis that much.. only when a big trend has changed if you are going to be trading fundamentals and multimonth-year position trades then you kind of need to be able to predict at the very ...

EurAnalysis

Hmm... was it really? It was certainly possible until the EZ fail. Really I think this 1.80 scenario would only play out if we saw QE3 continue until sometime in 2015. The thing is this time it is different, the market will price it in month by ...

EurAnalysis

of course i'll take the price action as it is.. as for EW, it should not, doesnt meant it will not... i think it can still be valid because price action is never perfect. but its much easier to predict the market when we have historical reference ...

EurAnalysis

Nice chart Agreed with you on a possible retrace level. 1.30 will be tough to crack to the downside. True. Personally, I don't even think EW needs to be in a trend to work. It can work any time. It doesn't appear all the time but if it does ...

EurAnalysis