Eur/Usd

[Hanif484]

damn talk about good luck. had a feeling it would try to lick the lwmas before continuing. SL moved to 1.15266. One thing to note is that stochs on H1 are almost bottomed out, and also it's close to touching the lwmas so a proper bounce (not the one I was anticipating at 1529/1523) could come in play.

if my current short fails I will wait for H1 to close below Ata's lwmas first as a confirmation for further drop before shorting a pullback. We're nearing a bounce level so maybe I'll try buying near 1510/1505 with stops at 1497.

[Hanif484]

Should have waited a couple minutes more to close looking at price now but well at least I got out unscathed. Better to miss a trade than to lose money for nothing.

Hope all's well down under buddy

[Hanif484]

Furtherwith to my post this morning. A possible hold around my daily pivot at 1.15112 or test of the round number 1.1500 before another try up.

[Hanif484]

yeah
moved to BE too fast.

stopped out.
no problem: the next leg down wioll be a doozy.
And if it flips i will just ride upward again.

That M30 breakline has not been tested yet.

[Top]

Todays. eur/usd Resistance & Support
Resistance
1-Resistance 1.1341
2-Resistance 1.1384
3-Resistance 1.1360
Support
1-Support 1.1327
2-Support 1.1320
3-Support 1.1303

[Hanif484]

Once again, didn't see that touch of 1.1524x else I would have closed half

But okay SL moved to +1 now. Whether it goes back up to tag 1.158x/1.159x or it continues down to 1.1500 is anyones guess.

[Hanif484]

Because it is all about the weekly, even a tiny spike up above resistance zone can take days to calm. Still no panic, I keep my two shorts and watch the H1 chart for development and also trade the RED or BLUE TL breakouts as I normally would.

Marking 1.1540 as nearest resistance on H1

[Hanif484]

Excellent . Must be the singapore chicken rice. hahahhahah. Tku for sharing. I am on sideline as my open positions all in red holding usd.

[Hanif484]

Running late to meet the missus but closed this at 1.15384 for +18 pips so a total of 212 pips clocked for the day.

If I have time for a cigarette, I have time for a trade

Sold 1.15382 under the assumption that the former support there will now act as resistance (?)

SL 1.15550.

[Hanif484]

Coming into a session open ,, back above an hourly ave,, may get a spike towards where the hourly crossed the ole 8 hour ave ,, or like any good average it finds itself at important points ,,, yesterdays high ,,,lol,, levels levels levels watch out for the days 1st line in the sand tho