That is one way to trade it. in fact, i will do something similar: i will wait for the breakout with a solid close....and a pullback before entering long.

EurAnalysis

Is the EUR/USD reacting again to the evil 1.2520 area? again? not again! ahahahaha.

EurAnalysis

CHONCHY, the pictures of you and your family, that you posted earlier, ARE THE BEST PICTURES EVER POSTED ON THIS THREAD. thanks. much respect.

Cesarnc's market talk, gossips, rumours & fun

Interesting...i am of the opposite idea. i like multiple touches...it tells me that i am not imagining things....and it goes to my background in quantitative science....because trendlines are linear regression analysis...and the more data points you ...

EurAnalysis

I have attached a your chart with annotations/commentaries on it. check below:

EurAnalysis

Market is imprecise. My market reasoning follows the pattern of "If A, then do B"... if the market disrespect that line, i will obviously scrap that trading idea/setup...market messing up that line simply tells me that the market is not behaving the ...

EurAnalysis

what i am seeing on my end: each touch of that trendline is a potential short...the best one, in my humble opinion, is when price gets to 1.2624(if price ever gets there....) ADDENDUM: OF COURSE, can price choose to disrespect that line ...

EurAnalysis

why did i go long? sentiment analysis. there is soo much negative mojo about the eur/usd that is time for a rally. even if it is a shortlived one. so, i look for the right technical levels to put that hypothesis to the test. In so doing--going ...

EurAnalysis

well, price finally hits my price target ...going all the way to 1.2551. good pips to all.

Cesarnc's market talk, gossips, rumours & fun

Made my +100 pips, i am out! peace out! price smacked 1.2551.

EurAnalysis

image

EurAnalysis

My 1.2540ish was almost hit with the 1.2538 move.... of course, my entry was at 1.2449

EurAnalysis

IMF, netherlands beating the germans? that rarely happens....this is football....and in europe, it is germany, italy, spain, and britain. france...maybe....

Cesarnc's market talk, gossips, rumours & fun

thank you, boss, i have been a bit busy on the euranalysis thread...that is why i havent been here that much..... How is your day, chonchy? you were short at 1.2481...dont know how big your sl was or your TP...there was a time the euro fell to ...

Cesarnc's market talk, gossips, rumours & fun

thank you, mr landlord. i appreciate it. that is fair and balanced of you. you are correct....i am not sure i will use that level again though...this is the 4th time is has been tested now? thanks. i have a very thick skin...no need to ...

EurAnalysis

I am of course, not qualified to advise here...but....this sounds like excessive leverage to me.....and the way your words are phrased:changing your mind about market position based on who/what they are posting on this thread seems a bit....forgive ...

EurAnalysis

It all depends on how skillful a trader, he is. dont get me wrong: i completely AGREE with the fundamental and, even, technical reasons for short of EUR/USD....however,..... anyways, i still re-iterate my position: i expect the EUR/USD to see ...

EurAnalysis

Do you still have your long position? did you add to it at 1.2449? i did. i took another LONG position at 1.2449: it is a daily lows...three daily lows, to be exact. i originally i wanted to come here and started talking long positions when ...

EurAnalysis

+1 for you.

EurAnalysis

i will right now. +1 vouch for pointing out such an important founding documents of this thread.

EurAnalysis