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TOPIC: EUR/USD

EUR/USD 21 Dec 2012 08:19 #101

  • followNev
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i'm expecting a weekly correction, i don't like EWT for predicting stuff but this is my vision , should the weekly candle remain the same shape.https://www.tradingview.com/x/oWEgplJf/
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EUR/USD 20 Dec 2012 20:23 #102

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I agree because it made a higher high. A lot of the FX pairs which had shooting stars are set to break north soon IMHO - there's a few ascending triangles amongst them - so any short positions must be taken with caution.

Thanks for pointing that out :-)
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EUR/USD 20 Dec 2012 19:26 #103

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Jackozy, this i s not a reversal pattern as it's only a three-wave move: it'll be a correction down to around 1330 before continuing higher. All just MO of course. Be lucky!
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EUR/USD 20 Dec 2012 10:05 #104

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Like many EUR pairs yesterday, this also formed a shooting star at resistance:

EURUSDdaily20_12_12.gif


dl.dropbox.com/u/20815047/EURUSDdaily20_12_12.gif

Stops above the shooting star if you please!
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EUR/USD 18 Dec 2012 19:51 #105

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Looks like the long view was right:

EURUSDdaily18_12_12.gif


dl.dropbox.com/u/20815047/EURUSDdaily18_12_12.gif

This made a lovely little backtest of the break above 1.314 yesterday but I didn't take it. Might still be worth a long but stop would have to be below 1.314 so a fair bit away.
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EUR/USD 17 Dec 2012 11:26 #106

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Thanks guys. I agree with the long view (long EUR? Are we mad??) since it's broken out of the long term downtrend, the question is at which level?

I'd like the chance to go long where the old downtrend meets the uptrend support on my short term chart below - that would be a good entry but I'm not sure it'll go that low now...perhaps a long at 1.3126 as that's the last high (most recent breakout point) and also the neckline of the inverse H&S...?
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EUR/USD 17 Dec 2012 11:24 #107

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Theres a symmetrical triangle breakout as well.
Best place to go long now would be on a re-test of the breakout line roughly at 1.3121 with a 40 point stop.Tartget would be same as ftse80 pointed out. So good risk reward on this.



DYOR
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remo
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EUR/USD 17 Dec 2012 11:05 #108

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One more try...
Medium term view





Long term view

Ftse80
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EUR/USD 17 Dec 2012 10:45 #109

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Anyway, whether it is C&H or H&S target would stay the same
Ftse80
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EUR/USD 17 Dec 2012 10:41 #110

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id go long.
ill explain my self latter as just got to do some thing
Information Purposes Only, Do Your Own Research
remo
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EUR/USD 17 Dec 2012 10:41 #111

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How about cup and handle with possible target 1.3592?

Ftse80
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EUR/USD 17 Dec 2012 10:19 #112

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I'm looking for some views on this pair please. It broke out of its long term downtrend as seen here:

EURUSDdaily17_12_12a.gif


dl.dropbox.com/u/20815047/EURUSDdaily17_12_12a.gif

But it also looks to have formed a double top - or is it an inverse H&S or is it backtesting the downtrend breakout?

EURUSDdaily17_12_12b.gif


dl.dropbox.com/u/20815047/EURUSDdaily17_12_12b.gif

What would be the best trade here?
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EUR/USD 26 Nov 2012 22:44 #113

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This one has an inside bar and bounced off the trendline:

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EUR/USD 22 Nov 2012 10:05 #114

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2 charts 1 daily (short term) and 1 weekly (long term)

clip2net.com/s/2wT2q

clip2net.com/s/2wT8d

I think it sitting in limbo at the mo, so waiting for it to move 100 points either way to get a better sense of direction, may be the call. KI.
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EUR/USD 22 Nov 2012 08:38 #115

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I reckon its just started a wave ((C)). 100%fib target 1.3791. Of course it wont go straight there :)
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EUR/USD 22 Nov 2012 07:47 #116

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Stopped out overnight for 20 points at 42.

Analysis help welcome

RMc
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EUR/USD 21 Nov 2012 19:51 #117

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Expecting a wave 5 from here?
All comments welcome

screencast.com/t/RGYOoBBI9

On the 100 on wave 4
Resistance downtrend

screencast.com/t/KdFWuKmOey
Resistance and consolidation on the 4hr

Regards RMc
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EUR/USD 14 Nov 2012 10:13 #118

  • Ocean10
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I note that EURUSD has been trading within an RSI range recently until this morning when it’s trading above the channel and also find that it broke the price channel at the same time. Are we likely to see some upward movement now, Since I'm learning any comments will be welcome.
Thank you




www.dropbox.com/s/u6r9wvw4zdyvirx/EURUSD%20Spot14.11.12.gif
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EUR/USD 12 Nov 2012 20:10 #119

  • Monkeyz
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Good shorting opportunity below below 1.2687 on the EURUSD. It's Below the cloud on multiple time frames, would be below the psychological 1.27 and also just below the 38.2 retracement on the daily.



Best,
M.
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