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Hello Everyone. Well, euro retested the levels below 1.21 - the line I pointed to in the last chart seems to have some effect and in addition market remembers well the bounce of the 1.2050/60 area in the begining of this month. Memory is still fresh and that area is a support at the moment...

Move stop loss to entry level; price has been as low as 1.2113. Seems like we have (?) a possible support line on daily charts, break of which may accelerate the downside movement, thus triggering 1.1960/70 as first level, followed by 1.1850/70. I have switched my target for this trade to...

50 pips target (at 1.2094) and 30 pips stop loss (at 1.2176). Move stops to entry level after 25 pips and lock 10 after +40. Good Luck!

sold just now eurusd at 1.2146

USDCHF: channel on Daily chart ?!

GBPUSD follow up

If we look at the daily chart, we see the 1.85-1.86 resistance area even better and coming from early this year. Also there is a chance to see the reaction on possible head&shoulders pattern... Why focus on GBPUSD? because it looks very promising, and if it manages to overcome the barrier...

On the 4 hour chart we see that the line which was supporting the move down was lately broken and now its moving north with more confidence than Euro is, but the 1.8500 - 1.8600 line is the one we should watch closely (which is a strong resistance - see next post with daily chart).

Hello Everyone. Well, last weeks' buying of EURUSD (after a break of a triangle) didn't fulfill expectations that it may start the renewed move north and we are still in a range with current top seen at 1.2450/60 area as silent_fish correctly told us, followed by the 1.2500/50 area as the...

Porbably we will stay in sluggish market. But who knows - will see.

What next?

Following yesterdays post EURUSD 240min chart triangle, we can see that even though it seemed like euro is breaking upside, it was a false attempt and now we are seeing it trying to break downside. Hopefully break will occur soon and finally give market any direction. Its not certain though, and...

Hi all, Stop loss was hit today on the EURGBP trade. Loss of 54 pips. I am going to sit tight and wait for developements on Majors crosses before resuming trading. Euro is mixed and as the most traded pair its dragging the whole market into same situation. For now - no trades. most...

First target is 6930 with second target at 7050. resistance: 1)6820 2)6875

bought EURGBP now at 6799

forgot the chart

Hello Everyone, hope you are all doing great! 7:19am GMT now, euro is trading at 1.2296/00, and its testing the break upside of a triangle on 4hour charts. I think if we break up, it may trigger the retest of the 1.2440 - 1.2500 area; if we break down, it should trigger retest of 1.2100 area...

Hello Chaos, Nice to see you are around. Guess you are busy to post, but still drop by to read. I dont warry about viruses like the one above - as you can see from the screenshot, he is in my ignore list, and I dont even see what (s)he wrote. So, naturally I cannot be worried about it - I...

:eek:

Trades closed. Long term for zero result and short term with +10pps. Good Luck! :)