Recent content by TayOO

EUR/USD intraday: under pressure. Pivot: 1.4040. LONG positions @ 1.405 with targets @ 1.411 & 1.4175. Alternative scenario: The downside penetration of 1.404 will call for 1.4 & 1.397. Comment: the pair is on the upside and is challenging its resistance, a pull back on its support...

EUR/USD intraday: caution. Pivot: 1.395 Short positions below 1.3965 with targets @ 1.3875 & 1.3825 in extension. Alternative scenario: Above 1.395 look for further upside with 1.4 & 1.405 as targets. Comments: the pair is rebounding and is challenging its resistance, the RSI is...

EUR/USD intraday: under pressure. Pivot: 1.3925. SHORT positions @ 1.3915 with targets @ 1.3825 & 1.375. Alternative scenario: The upside penetration of 1.3925 will call for 1.4 & 1.405. Comment: the RSI is turning down, the pair remains under pressure and is still challenging its...

True... I did notice that market today wasn't very interesting... Maybe tomorrow we will have more action! :p

Well... Everyone got his own system, like me, you and others... But the big difference between me and the others "systems" is I don't have necessary a system with so many rules to trade... I trade when I believe that could be a good opportunity, not just because the MA crosses, or the RSI is...

Thanks for your comments guys... Is always nice when I see people recognize my work and thoughts about the market... But better is when you feell that people is taking advantage of your work and making money in this amazing market! That is our target, make money otherwise we will not be...

Hi Greg, As TA is not a science we never can say that is not a valid interpretation... But about this specific case, in the 15 min chart I was using it was a possible trend line! :)

Interesting breakout... 1.4000 could be the next level! ;) See chart attached

EUR/USD intraday: rebound expected. Pivot: 1.3875 Long positions above 1.3875 with targets @ 1.4 & 1.4050 in extension. Alternative scenario: Below 1.3875 look for further downside with 1.3805 & 1.375 as targets. Comments: the pair should rebound on its bullish channel lower boundary...

EUR/USD intraday: rebound. Pivot: 1.3875. LONG positions @ 1.3885 with 1.4 & 1.405 in sight. Alternative scenario: The downside penetration of 1.3875 will call for 1.3805 & 1.375. Comment: the pair is rebounding on its bullish channel lower boundary and should reach its next...

In my opinion the Euro still positive against the Dollar, if we will have a breakout on the 1.3700 support, there I will be strongly short! ;) We will see...

thanks for your comment. If you have a complex trading strategy probably will be harder to make some money from the markets and you will not be confused by the market, don't you agree? ;)

Hi aiyah_mark_lah, Is just the simple previous support and resistances (defined by previous high and lows) and sometimes some fibos S&R as well. Regards, TayOO

EUR/USD intraday: key ST resistance at 1.4. Pivot: 1.4 Short positions below 1.4 with targets @ 1.39 & 1.385 in extension. Alternative scenario: Above 1.4 look for further upside with 1.405 & 1.41 as targets. Comments: the pair has struck against its resistance and is challenging its...

EUR/USD intraday: under pressure. Pivot: 1.4000. SHORT positions @ 1.399 with 1.39 & 1.385 as next targets. Alternative scenario: The upside penetration of 1.4 will call for a rebound towards 1.405 & 1.4125. Comment: the RSI is turning down, the pair should strike against its flag...