The blue numbers to the left are the bid and ask price of my Broker (Oanda) at the time, about 1.2pips; no importance except to show where price was when I posted

EurAnalysis

Thanks Reckon! I don't see the support at 2510 but I agree, not going to chase this bronco

EurAnalysis

If price breaks that red trend line, I see EUR/USD going up to 3560 (light blue) image

EurAnalysis

First resistance is ~3540 and a Fib line from 3711-3485 has the 38.2% retrace at 3570. So my initial target is just below 3540 (40-45pips). I'll take partial profit or just move my stop up and see if I get a better retrace, maybe even a retest of ...

EurAnalysis

Just took a long position at 1.3490 to catch a retrace. Reasons: - RSI shows 22 on H4 and 25 on H1 (Oversold) - Resistance at 3480 from last years high and candlesticks (Green line) - Hitting rising trend line (light blue) - hitting near 100 sma on ...

EurAnalysis

Can anyone tell me if there is a reasonable explanation for the bearish response from 3700 area? does that number have nothing to do with the movement down today? The H1 was over bought and it's a round number, but I didn't see any real technical ...

EurAnalysis

My broker shows price sitting right at 3487 and it's midnight here.. sorry man (it was funny and creepy that you said this earlier)

EurAnalysis

Made a few pips today! can tighten up my entries a little but a profit is a profit; and not just it pips, but knowledge!! It's amazing how well the EUR/USD reacted to S/L between 3495-3473; on the M1 it followed trends lines, fib retrace, and ...

EurAnalysis

What does "s-range" mean? thanks

EurAnalysis

Hey, where did you get the market profile software?

EurAnalysis

Question to all traders (And I don't know the answer): In your opinion, which currency pair is least affected by news about Europe or the Euro and why?

EurAnalysis

Likerty!! hope you can see that Loved your article on tops and bottoms. Is this what you meant or am I completely off? image The following days led to a range then a jump up to ~3390 before coming back down today. Coupled with that area of ...

EurAnalysis

Haha, thanks for the encouragement; it's not lost on me

EurAnalysis

Well, I'm proud of myself for having a long limit order at 1.3288. Unfortunately, my S/L was 3268 (20pips) and so my celebration was not long lived (pun intended) I guess I played it wrong. My limit was too high or my stop was too tight ...

EurAnalysis

Quote: Define noteworthy. Today was the kind of day that the price reversed after filling the gap. You could've made money by closing the gap as well as by going long when the gap was filled. Why is it special? It's just an additional ...

EurAnalysis

Hi all, saw the bullish move this morning in E/U. Is it safe to fade this yet or are things just getting rolling? I really think it needs to come down and test the previous top at 1.3140 Thoughts Reckon? Likerty? PT? What signs to I look for to ...

EurAnalysis

(Disclaimer: I am not a professional and not responsible for anyone's Profit or loss) Technical Buy sign at ~1.2890 I'm going long there next week and here is why: -expecting bounce off of Daily 100sma -Market slightly oversold -Support at ~2877 and ...

EurAnalysis

Never mind, I'm reading up on exit strategies now. Having a S/L and T/P is one thing. My problem is even when a trade is going well, I have a hard time deciphering PA and other market signs to tell me when to exit Original question, past two ...

EurAnalysis

Can you help me figure out some good exit strategies? To traders usually have more than one? Thanks for the advice.

EurAnalysis

[/quote] Looking at the past 2 years, I only see up to 5 consecutive weeks of same directional movement before a doji if not a week of correction. Is this a valid consideration for traders or coisidence that should not affect trades at all? ...

EurAnalysis