You won't be shorting them, then?

EURUSD

No!

EURUSD

Good God Almighty!!! If I could achieve 60% a month, I'd be earning £40,000 GBP a month!

EURUSD

When identifying an entry point, I always look for alignment of trend lines over different time frames. I then look at pivot points and S & R levels, but importantly, I also factor in RSI and MACD readings. If trends appear to be out of phase with ...

EURUSD

ROFLMAO!

EURUSD

They were not specific about that but they did imply that it would be after the turn of the month when volume and liquidity return to normal levels.

EURUSD

I think they are looking at the longer term. I can't see it dropping to that extent before September when volumes increase after the end of the silly season. Bloomberg reported that Credit Suisse claim that EUR-USD will meet strong resistance at ...

EURUSD

A few minutes ago, Bloomberg (Europe) TV reported that Credit Suisse are advising traders to short the EUR-USD with a target of 1.19 and SL 1.2395

EURUSD

It's 21.50 here on the sunny Isle of Wight so I have to call it a day. I am away on business tomorrow until Thursday pm. Good night all.

EURUSD

I don't use my broker's charts. I subscribe to eSignal through Knowledge To Action (the famous Greg Secker's company).

EURUSD

The daily pivot line seems to be stubbornly impenetrable. PA seems to be determined to keep bouncing off it.

EURUSD

My chart shows pivot at 1.2394 as well. On M5 chart, PA is struggling to penetrate decisively through the pivot line. However, if it can take out 1.2390, I believe it could go south to 1.234x

EURUSD

Agreed. My H1 chart looks bearish to me. PA is below MA10; MACD is negative and RSI is below 50

EURUSD

We all have our own preferred methods of trading. Personally, I am reviewing and evolving my own strategies constantly and try to learn from those traders who have more experience than me.

EURUSD

More like it's going up and down like a tart's knickers!

EURUSD

I always use the eSignal charts as specified by Knowledge to Action. My 5- minute EUR-USD chart shows the pivot line at 1.23175. How does that compare with other contributors' charts?

EURUSD

I wonder whether half the London traders have buggered off to watch the Olympics? The other half are probably stuck in the horrendous London traffic jams resulting from all the Olympic traffic lanes!

EURUSD

My late father grew up in the Mossley Hill area of Liverpool and attended the same school (Dovedale) as the former beatles John Lennon and George Harrison. Not at the same time though. Up the Reds! Keep 'em coming, Stevie!

EURUSD

RSI on my H4 chart dropped to below 20 a couple of hours ago, suggesting to my simple mind that the EUR is seriously oversold. I see the RSI has crept up to about 27 now and the MACD is +ve (but only just) suggesting that a retracement upwards might ...

EURUSD

Absolutely correct. For the record, Bank of Scotland, HFC Bank, Sainsbury's Bank, Cheltenham & Gloucester, Lloyds TSB and Halifax (HBOS) are all one and the same for the purposes of this exercise. The same applies to the Royal Bank of Scotland (RBS) ...

EURUSD