I gave up on Eur/usd

Quote from cstfx:

That's ok. I am getting a sense of deja vu all over again.
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LOL.. yea well, this time it didn't go back up 30 points after it was hit ;)
 
Quote from mounafia:

some of you may remember my thread about Forex being a scam.

Eur/usd has really pissed me off this last 2 months...while I was thinking I had found (after years of hard work) a good strategy.


I have changed to the GBP/USD for the last 3 weeks and I have found back my love for the forex (positive everyday)

Just this little post because some peoples may be in the same position than I was 3 weeks ago and not realise that sometimes a small change can be really benefical.


(ps : I know my english sucks)
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Careful. All pairs trade the same.

Crosses (and perhaps, a few majors) are trendier, only because they're more illiquid or have a higher pip value.

Cable, xxxjpy and exotics chop, too.

If anything u need to identify when any pair is likely to trend or range. This is not easy.
 
Quote from sakhter:

LET'S GO $1.4719!!

It will hit 1.4688 at the very least.
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Looks like it may retrace back down to the teens/twenties one more time before resuming uptrend
 
Quote from cstfx:

Looks like it may retrace back down to the teens/twenties one more time before resuming uptrend
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I doubt it.

ST support has caught up.

I would watch a break @1.4640 for retrace back to 1.4631.

The resistance on the upside is $1.4664. A break above that would solicit more buying to $1.4719... there may be slight profit taking @ $1.4673, $1.4688 & 1.4712.
 
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