Soooo... Why the move up? what was the signal that 1.27 would break or that it would push past after? I understand the target line, but not the timeframe (why today and why now?) nor why a bullish target and not a bearish one. Was this news driven?

EURUSD

All of my trades are hurting right now, bdsilvano. But I still have a workable exit strategy. Make a plan trade the plan. Everyone makes mistakes. Just make sure you trade with money you can afford to lose and you never truly will. Happy ...

EURUSD

I don't know how far this will draw down since 3250 was broken and there are new lows every week. But from a technical view, I believe price will come back between 3360-3500 before the predicted plunge from Goldman and the like. I am willing to hold ...

EURUSD

I agree, but I have been looking at a long term trade that has technically not been invalidated. But neither am I convinced at this point it will work. However, I have waited out storms like this before and been fine. Also, I believe no single ...

EURUSD

Why do you say that, Pedro? Thank you for the feed back. I will be looking at this thread more often and hopefully contributing more in the future than my own problems and fears lol Best to all!

EURUSD

I see a lot of people on this thread have been bearish. I've been bullish and been wrong for weeks. I have some trades underwater at the moment and I have held the belief that the EUR/USD is oversold (based off of the RSI on multiple TFs). Can ...

EURUSD

What does your Ichimoku say about the Eur/Usd? Nice trades btw. Cheers

Ichimoku-Trading

This is the first time I have seen 6 green candlesticks in a row on the EUR/USD W1 chart. Not sure what that means. I would suspect it is overdue for a correction south. Thoughts? image

EurAnalysis

Jeet Kun Do and the zen of forex trading Lame title I know, but I thought I would share something I learned at the turn of the year while practicing martial arts. A teacher in JKD (Jeet Kun Do, made famous by Sijo Bruce Lee) was telling my friend ...

EurAnalysis

(is the chart attached?) this is basically what I think (hope) is going to happen. What say you all to the likely-hood of a retrace up to 1.36 or above and then dropping to break 1.3440?

EurAnalysis

A RSI trading strategy I have been refining this year. It is like most in that on the surface it looks very dependable and consistent - and it is. However, there are flaws: I don't know when to take profit and if you read the RSI wrong (s simple but ...

EurAnalysis

Some lines of close by S/R for Friday as well as some trend lines. image Happy hunting all!

EurAnalysis

Had 20-25pip Gap up. Maybe this one will close (I do have a slight seller bias). Also, the W1 RSI (5) is showing 74 (Overbought to me) and in my back-testing (and yes, I know historic patterns do not dictate future price) this indicator always, ...

EurAnalysis

Grad school is keeping me busy so I have not posted much, but I have been following the thread. Here are some technicals I'm watching this week (H4 chart is just to make viewing easier): -Rising trend line from September 6th low at ~3103 to this ...

EurAnalysis

Nice!

EurAnalysis

Took a small short position at 3398. (It's still seller heaven to me )

EurAnalysis

Anyone else hoping for a retest of 3400 on EUR/USD from the FOMC min to take a short position?

EurAnalysis

I gotta say, my RSI are showing some pretty good seller conditions. Check out my chart or you can just plug in these settings and see for your self: image Usually, I would expect at least 100pip return (or 600 pips like what happened in June) from ...

EurAnalysis

No problem PT, sorry it came to this. Spammers ruin everything.

EurAnalysis

lol, when PT trades, the market listens. Nice Chart! Mind if I ask what your target is?

EurAnalysis