Look out below. USD looks to be heading up.

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above 1.26

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if we can breakout of this triangle i think we may have a long for a few hours

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gotta break through one way or the other. significant point to watch either way.

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this strike on the bottom at this level something to consider.

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This is a reaction to January low printed at 1.26251 Lowest print today 1.265 and moving up now. Rally from here possible

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go long young man ;-) IMO

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good resistance area. lots of strikes there over the past year

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from 1.262

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EUR just a distraction IMO. the real worry is the USD coming off the tracks. Taxmageddon is just around the corner. Dollar flight soon to come.

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the support I reference is on 1/13/2012 at the arrows. daily chart.

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looks like that support above 1.262 is holding. starting to bounce again.

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No room or time for hope

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trailing stops work best couple hundred points if you have a small account. build your balance a little at a time. otherwise the swings in forex will blow you up quick.

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Daily provides the support point at two or more points. 15 helps to zero in on the entry point provided by the daily support so you dont take the trade at the top of the move, end up frustrated by an immediate loss at sell when you should be buying. ...

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lot of sellers looking to get out even above to absorb

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i like dailys for SR and 15 minutes for entry

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cheap euro to buy

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