I agree...it looks like it will test 49377 once again in the next few hours.

EURUSD

Nothing on a 15 m charts suggest that it will go up.

EURUSD

Well i brought long at 49659..it looks a mistake to me. The 15 M chart is trapped in a bearish zone.

EURUSD

Jim, Welcome to FF. I am very much impressed by your simple and profitable trading strategy. I also use SMA on 15 M and 1 H charts. How much pips you average in a day/week?

62 sma system

Thanks for guidance

EURUSD

I prefer not to trade anything. i want to go long but only once 15 M charts turn up. It is going to be a slow journey upwards.

EURUSD

Yes i also shorted at 1.50300 levels and took 20 pips profit. I never knew so much intense selling will take place. When are you looking to go long? Do you use 15 M charts?

EURUSD

The 5 M chart is up little bit. The upward 5 M chart will lead to 15 M upward. I will say a slight recovery happening but i will wait before i enter long.

EURUSD

You have got an excellent thinking and mindset to trade profitably in the forex market.

EURUSD

Bearish zone...will test 1.49500

EURUSD

Direction less

EURUSD

Thanks Turveyd for expert guidance. On 1 M charts, i have plotted 55 ema and 200 ema and 600 sma and 1440 sma. How should i interpret the trading signal? Is it same- when 55 ema crosses 200 ema and 600 sma crosses 1440 sma?

SMA works

Close all your shorts ! After 15 M and 30 M, The 1 H has just started rising slightly. The eur/usd train is going to the next station .ie 1.50300..it will take time but it will reach there.

EURUSD

It will ride again up..Right now profit taking and consolidation going on. 1 H chart is in bearish mood but 15 M charts are looking up. Dont sell your longs..just ride this up and down.

EURUSD

Though the future trend is up, but at the moment it is clearly trapped in bearish zone and might test 1.49 levels during asia session.

EURUSD

Asia is in bullish mood

EURUSD