there's the 38.2% fib level from 12335-15150 at 1.4070....could be looking for a bounce off there... im long 14110 SL at 14050.... 1st TP at 14160 for the descending trendline form today and yesterday..

EURUSD

thanks guys, interesting to see some for and against the use of indicators.

What are your thoughts? BB + RSI 14

the last two posts have been very helpful to me as a newbie trader too... ive been caught early on when i started over leveraging (not to such a degree as above but nevertheless i knew i did it wrong and have remedied it since). where do you get ...

EURUSD

to be honest though, not sure i would go short now though, the time was at 14335-40 ... where we are no is sort of in the middle?

EURUSD

440 strong resistance? RSI 1 hr just short of oversold? stochastics 1hr oversold im not sure where we would go down to though x

EURUSD

well mine says 40! this is interesting actually....

EURUSD

is that available on mac?

EURUSD

can anyone see this going down further past 300? even if USDX has broken 78, its oversold everywhere and needs a correction... surely we are heading up and even if we head south a bit to 280 maximum and then back up does anyone see it going below ...

EURUSD

it'll be crunch time within the next 1-2 hours where it is either going to bounce off the support just above 300, or go below hourly stochastics is oversold, RSI at 37 so upside has to be favoured from the bounce? its going to have to have some ...

EURUSD

on the 5m its stuck below the 100MA and has been for 12 hours on 10m its stuck beneath the 50MA and has been for 15 hours so that has to be the first thing to break as its providing a lot of resistance at the moment but 300/280 is coming up so ...

EURUSD

gator did you say that if the USD goes up past 78 we could head below 300? i dont have access to a USDX... does anyone have a good link to a freebie?

EURUSD

typical, exited short just before it sank ten pips. waiting for around 310/300 for a long. SL at 280 and TP around 380?

EURUSD

do you reckon we'll see another test of 4300 here or are we heading back up? i went short at 340 heavily expecting a retest of 300/280 but doubting it now, i would have expected it to have made a move by now anyone else still holding shorts?

EURUSD

may i ask what they are?

EURUSD

anyone else see what i see? wedge forming... a decision should be made perfectly in time for unemployment data in 45 minutes or so. don't think there's enough action out here though to actually make a decisive break either way though.

EURUSD

the last 20 minutes has just broken out of both of my descending trendlines. previously when it has touched it, theres been a steep drop almost straight after it so this could be a medium term bottom. will wait to see what the news brings and re ...

EURUSD

2 less than forecast and 1 equal too forecast, altohugh no move either way at the moment... ill be looking for a break of the channel now

EURUSD

ill be shutting this short at 1.29pm just before the news come out either way i think i dont usually trade news but when it touched the trendline it was too good an opportunity to turn down...dont want to throw all my +pips away by a spike

EURUSD

shorting @ 294 SL - 1.4310 TP - 1.4220

EURUSD