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Thread: Eur/Usd

  1. #735
    Junior Member Susti will become famous soon enough Susti's Avatar
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    Hi,
    I think that it will continue falling until it reaches around 1.3030 where I think the new support is, or at least until the british market opens again. But to be sure of that it has to really break the current support (around 1.3170 for me). I have a pending order of selling at 1.3145

    The other possibility is that it will bounce back from the current support and then climb till around 1.3280, but I don't think that is likely to happen for at least a couple of hours if at all.

    I base my support/resistance lvls on the 1h hour chart. Happy trading everyone

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #734
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    Quote Originally Posted by s19 View Post
    but if we go in day chart we can see today inveterate hammer is formations. this is one other signal of trend reversal.
    need to focus on other indicators also. in my view the prize will move in down trend.
    Inverted hammer at the daily chart is not really a reversal formation because it is not at the top of the previouse up movement.
    I think we can still expect upward movement till 1.3285 today

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  3. #733
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    Quote Originally Posted by jimloveski View Post
    EURUSD 1H chart

    EURUSD at the support (red trendline + Green Gap). Candlestick formation has appeared and stochastic shows that market is oversold so we have high probability setup. I expect upward movement till purple down trend line.

    Good luck
    but if we go in day chart we can see today inveterate hammer is formations. this is one other signal of trend reversal.
    need to focus on other indicators also. in my view the prize will move in down trend.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    EURUSD 1H chart

    EURUSD at the support (red trendline + Green Gap). Candlestick formation has appeared and stochastic shows that market is oversold so we have high probability setup. I expect upward movement till purple down trend line.

    Good luck
    Attached Images  

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #731
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    Quote Originally Posted by Gab View Post
    I think today Eu will bearish to 133000 but I do not have enough confidence so I close my possition at 13260 and take profit with 70 pips do you think it is a good trade for today.
    In my point of view there is a good prediction that after break to 133000 Eu will down to 13170 again we can put a stop position for Eu.
    i dont think that pair will touch 1.3300 level.
    if we see its chart day then we can see one doji and the prize will not move high after making doji candle.
    so i think this is trying to down trend.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #730
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    Quote Originally Posted by s19 View Post
    today the pair will open with gap first pair try to cover the gap than we can see down trend.
    the other indicator like MACD try to change its divergen and stoch. is try to cross its oversold 80 level. if fundamentaly we see other usd base pair they are also trying to change their trend near to heavy strong support and resistance.
    i have a short order with high lot size lets see
    I think today Eu will bearish to 133000 but I do not have enough confidence so I close my possition at 13260 and take profit with 70 pips do you think it is a good trade for today.
    In my point of view there is a good prediction that after break to 133000 Eu will down to 13170 again we can put a stop position for Eu.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #729
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    Quote Originally Posted by Gab View Post
    I have a opposite opinion with you I believe with you in my mind in the morning of Monday Eu will bearish and make a new break at the price of 1.33 if you does not believe me just wait and you will see the result in Monday or tuesday!
    Long it : sl 13080 Tp 133000
    today the pair will open with gap first pair try to cover the gap than we can see down trend.
    the other indicator like MACD try to change its divergen and stoch. is try to cross its oversold 80 level. if fundamentaly we see other usd base pair they are also trying to change their trend near to heavy strong support and resistance.
    i have a short order with high lot size lets see

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by s19 View Post


    In h4 chart we can see the prize break its first possible support 1.3222
    now other possible support we can see at 1.3080
    if prize come in this range then there is one more possibility that prize move in channel pattern. see the above image.
    short it tp is- 1.3081 sl- 1.3289
    I have a opposite opinion with you I believe with you in my mind in the morning of Monday Eu will bearish and make a new break at the price of 1.33 if you does not believe me just wait and you will see the result in Monday or tuesday!
    Long it : sl 13080 Tp 133000

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #727
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    In h4 chart we can see the prize break its first possible support 1.3222
    now other possible support we can see at 1.3080
    if prize come in this range then there is one more possibility that prize move in channel pattern. see the above image.
    short it tp is- 1.3081 sl- 1.3289

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #726
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    we can see this pair has a very strong resistance. this pair try to made its down trend.
    if we see fundamentally then we can see change in trend trend in usd base pair.
    this pair can falling 1.3075

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  11. The Following User Says Thank You to s19 For This Useful Post:

    Susti (2012-02-10)

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