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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
digi
toro, Canada
Posts: 1040
13 years ago
Aug 29, 2011 16:22
well it looks like double top im short too

with stop 4560,, tidght stop will lower if euro goes lower
subway90
Posts: 1078
13 years ago
Aug 29, 2011 16:18
then you can give us a good trade suggestion DIGI....
all the time you're wondering and agonizing over a short set up... we could just easily make pips both ways... i made it crystal clear... break of 4055 would mean shorts... until then buying the dip seem to be the better option... or shorting rallies into new resistance levels would be an option... :)
givemethebill
Japan
Posts: 316
13 years ago
Aug 29, 2011 16:16
@sub: arigatou !!!

@digi: when does ur guts tell u forseeing a reversal? 1.50? in mho, it seems fundamental wants to point to a weaker USD that is good for america and global economy + a low inflation on assets. if this is the case, then prolly it might passes thru 1.50. until eurozone problem reappears.
subway90
Posts: 1078
13 years ago
Aug 29, 2011 16:12
eur/chf... moving higher than expected.... clear break of 1.1750 signals more room to the upside... and next target comes around 1.2600/2700.... support now formed around 1.1500 level... as long as we don't see weekly close below 1.1500 area... see it heading higher in coming weeks....
digi
toro, Canada
Posts: 1040
13 years ago
Aug 29, 2011 16:09
euro is benefitting from eur/swiss move

however i d not trade subbies suggestions considering mess in europe

euri will soon reverse
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Aug 29, 2011 16:08
2nd try 14538 short
subway90
Posts: 1078
13 years ago
Aug 29, 2011 16:03
giveme...

yes... perfectly valid... strong break of the mid line would likely mean a breakout and once it settles above that line... will likely see continuation to the upside and test the upper line.... it coincides in this case with the 4696 main resistance... initial break would set up the breakout north... could see pullback first after break... but the second time it breaks... it will be a breakout.. and will continue until it tests the upper line....
or in some cases.... once it settles above that line... could just see continuation without the pullback....
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 29, 2011 16:02
there is a gartley just played on eurgbp 30 min or similar
FXHandler
Norway
Posts: 195
13 years ago
Aug 29, 2011 16:01
What's next for EUR/CHF? 1.25-1.30???
Qingyu
manchester, UK
Posts: 1763
13 years ago
Aug 29, 2011 15:59
patterned cat lost his second life~

;)