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Rag2RichesFX replied Aug 6, 2012Possible morning star on E/U 30m if we close in 2375 area I almost said "what the hell its just 10 pips" and took some profit at 2345. Oh well, all or nothing now

EurAnalysis
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Rag2RichesFX replied Aug 6, 2012Morning Swissy. 2342 is 100 pip from watermark highs , was targetting 2330 area If we see that extended I can see a test of daily pivot happening. Below that I got 2280/90
EurAnalysis
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Rag2RichesFX replied Aug 6, 2012Wow who would have guessed??? Great, simple chart that tells the whole story I am targeting 2330/35 today and I WILL take some profit (hopefully 2342 wasn't the bottom or i missed it) Two different brokers I use show two very different 4hr candles ...
EurAnalysis
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Rag2RichesFX replied Aug 5, 2012Yes this low from Draghi Event is the lifetime 50 fib. I have small short floating from 1.2382 I have limits at 1.2410s/20s with stops above 2440s and at 2480s/90s stops above 2750s, more sell limits at 2570s and 2680s and 2730s with stops above ...
EurAnalysis
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Rag2RichesFX replied Aug 5, 2012Let's quit the petty arguments and get focused here.
I think CMs articles are great, my only complaint is the length, you could just post the title and one or two paragraphs and the link and I think that would be perfect. E/U Daily and E/U 4HR - ...EurAnalysis
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Rag2RichesFX replied Aug 4, 2012Euro vs Aussie Monthly Jan 1999 - August 2012 Parity is completely possible in this pair before any major retracement. 1.15 AUDUSD and 1.15 EURUSD anyone? I do have caution shorting into this channel though, as well as monthly bollinger band. Edit: ...
EUR/AUD
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Rag2RichesFX replied Aug 4, 2012New to FF, not to FX. Just a chart. I shorted 105.30 and banked it but at the moment seems to be no mans land to me. 106.75 is about where the down trend is. I will scale in some shorts near there. AUD/USD Monthly May 1997-August 2012 AUD/USD Daily ...
AUD/USD
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Rag2RichesFX replied Aug 4, 20122 more charts
Those fibs are like magnets E/U monthly 97-2012 E/U 4HR Mid May to PresentEurAnalysis
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Rag2RichesFX replied Aug 4, 2012Well, I'm home. Great two week vacation, now its time work my ass off until Winter holidays
After creating this monthly chart it put it all in perspective for me. This pair is still very, very bearish, but historically these exhaustion bands have ...EurAnalysis
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Rag2RichesFX replied Aug 4, 2012CurrencyMan that was a great read by Jim Willie, he isn't afraid to tell it how it is. Thanks for posting it. Couldn't help myself, had to post a weekly chart as the pair seems to want to test much higher. Or it was just a bull trap followed by a ...
EurAnalysis
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Rag2RichesFX replied Aug 3, 2012Thanks for the encouragement everyone. Looks like there is some opportunity for NZD/USD. This thing is overbought and running into heavy structure and primary down trendline. Although if it breaks out it looks like it may want to test 88. But first ...
EurAnalysis
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Rag2RichesFX replied Aug 3, 2012Take care all, see you next week. Hope everyone is doing okay

EurAnalysis
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Rag2RichesFX replied Aug 3, 2012With that much down pressure technically speaking I shouldn't have had to take that much profit until an actual support area. What we got was short covering based on jobs and thats it. So apparently the situation in the U.S. is worse than the EZ ...
EurAnalysis
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Rag2RichesFX replied Aug 3, 2012I did take a 1/3, it wasn't enough to cover this much up move. Even my highest short is at BE now. Edit: I guess that weekly bullish divergence doesn't help the E/U down pressure. I just thought fundamentals would override it. Thinking that 1.2650s ...
EurAnalysis
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Rag2RichesFX replied Aug 3, 2012Is this market a complete joke??? All profits gone from yesterday and now some minor losses. Should have set trailing stops. A miss even that big should not cause that much euro strength. Absolutely insane. Never again will I try to position trade. ...
EurAnalysis
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Rag2RichesFX replied Aug 3, 2012Have you taken a lot of profit since then? Or is most still targeting your full TP (floating?) It's goodnight for me, won't be trading London but I will try to be here for NFP. Difficult for me to see London not smashing this, especially if we get ...
EurAnalysis
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Rag2RichesFX replied Aug 3, 2012Great charts PT and thanks for the recommendations. Did you say yesterday you hit your annual profit target? If so, congrats, must feel really good. Personally I will be surprised if it passes 1.2210/20, RSI on 4hr is nowhere near oversold, and on ...
EurAnalysis
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Rag2RichesFX replied Aug 3, 2012I only read the image uploaded on the first page. About using very tight stops (2-5 pips) and trying to get the watermark highs of a swing move (even if its just a 10 pip swing). I personally do this into bollinger bands, EMAs, fibs, especially when ...
Central Banks & Big Players
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Rag2RichesFX replied Aug 3, 2012E/U 1hr, check the green trendline, the last uptrend. Also look where the bounce happened from 1.2170. Green trendline and down channel from 1.2690 after that short squeeze at the end of the 2nd quarter (June 29th I think) Purple trendline from ...
EurAnalysis