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- todstars2 replied Jun 22, 2012
thats my hourly and damn if that piercing candle dont feel good to my bottom line. :-)
EURUSD
- todstars2 replied Jun 22, 2012
no buyers true but neither are there a great deal of sellers. equilibrium at the moment. daily shows support at this level buy cheap sell dear if you wait for the news, its too late.
EURUSD
- todstars2 replied Jun 22, 2012
guess you didnt catch my previous post. based on daily. even looking at the 15 minute you can see clearly that it has rejected lower prices several times over the last several hours plainly i appreciate the critique but I dont see a valid arguement ...
EURUSD
- todstars2 replied Jun 22, 2012
not everyone scalping in here. for myself momentum. still stickin to my analysis that we are on top of support built over the last several weeks on the daily. looking for the correct entry point and then its off to the races.
EURUSD
- todstars2 replied Jun 22, 2012
next entry 1.2526 in prof lol! dont pick an entry you dont get anywhere fecker
EURUSD
- todstars2 replied Jun 21, 2012
1.254 looks to be a good entry point for a long right now. still looking to that ascending triangle on the daily for a support point
EURUSD
- todstars2 replied Jun 21, 2012
the technical answer for every move that happens is simply there was an imbalance in supply and demand at the moment ;-) LoL!
EURUSD
- todstars2 replied Jun 21, 2012
think about it. not a good analogy. think in these terms. higher high and higher low. an upward sloping trendline gives you a series of higher lows. a downward sloping trendline gives you a series of lower highs. this is the basics of speculation ...
EURUSD
- todstars2 replied Jun 21, 2012
precise numbers would be an extreme low of 1.187 and a close of 1.223 according to my dealer. if you throw a line on the chart at the extreme recent close it hits ballpark 1.224
EURUSD
- todstars2 replied Jun 21, 2012
looks cheap to me. more chance to move north than much further south previous monthly low of 1.224 was rejected at 1.23 and has been moving up since. it depends on how you look at it.
EURUSD
- todstars2 replied Jun 21, 2012
My daily chart says that it has already bounced three times on the trendline moving north. It well could move lower, but tech analysis would suggest that the more times a trend line is tested the stronger its implications become.
EURUSD
- todstars2 replied Jun 21, 2012
selling in a downtrend channel. USD/CAD and EUR/USD trade to the inverse. not only because of the USD/CAD chart but because the EUR/USD is bottoming and turning north. sl in place but I think we are at a good entry at 1.256 for both pairs Buy Cheap ...
EURUSD