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- 4,817 Results (4,815 Replies, 2 Comments)
- Z3iz3i replied Feb 3, 2010
I expect a drop a little bit later after crude oil news but in 30-45min. Just a guess...

EURUSD
- Z3iz3i replied Feb 3, 2010
Yeah, actually i have 2 RSI lines in play, might fake spike and drop south

EURUSD
- Z3iz3i replied Feb 3, 2010
Well well, back into the channel and the bottom of it. Break out soon upside under declining RSI trendline...possible TP at ~1.3965 and 1.3980.
EURUSD
- Z3iz3i replied Feb 3, 2010
I dont have one because i dont use them. I need to be on my laptop all the time when i trade... But in general, if next 1hr candle is a doji or red with small body, we are likely to see a retrace.
EURUSD
- Z3iz3i replied Feb 3, 2010
Green, not good sign, still buyers around and 1.4005 is not broken (the close of green candle before it)
EURUSD
- Z3iz3i replied Feb 3, 2010
I would say, one should skip the demo in the first place. Starting with small sum of money and you get a real feel and touch immediately. With successful demoing one might get wrong kind of confidence and there is missing the psychology part ...
EURUSD
- Z3iz3i replied Feb 3, 2010
I think usd/chf wants to drop into zone 1.0460-80 which means that there will be good shorting opportunity at 1.4030-40. Break through 1.4050 opens way to 1.4110 which is fib 76.4%, drop from 1.4191 and same time fib 61.8%, drop from 1.5143.
EURUSD
- Z3iz3i replied Feb 2, 2010
Rdy for retrace? First target 1.3953, then 1.3945, if that breaks 1.3930 next and so on 1.3900. I expect some last minutes profit taking (Dow) and gold has met its temporary top at 50% fib.

EURUSD
- Z3iz3i replied Feb 2, 2010
Looks like break out coming shortly 5m tf. If upside, last push until retrace. Gold seems to be stopped at 1118 which is 50% fib from drop 1163$.
EURUSD
- Z3iz3i replied Feb 2, 2010
Hmm....this is not good for longs. * Greece says it victim of speculative attack * Says Spain, Portugal may follow * ECB's Constancio says pessimistic on Portugal * Spanish unemployment tops 4 million in January * Greece says backs joint euro zone ...
EURUSD
- Z3iz3i replied Feb 2, 2010
If you really want to go long, you should consider to do it at 1.59 (or 1.5850)...it does not look too good for bulls at the moment.
EURUSD
- Z3iz3i replied Feb 2, 2010
Well, RSI was rejected at 50% when Eur tried fast recovery after failed to break the top of the channel. Shortly after that usd/chf made break-out in declining channel upper trendline which will be tested. So, summa summarum, looks like we go down ...
EURUSD
- Z3iz3i replied Feb 2, 2010
Here, i want to keep it simple
RSI 14 you will find looking at 5min (is more precise than 15/30min) tf and drawing trendline from bottom to top.EURUSD
- Z3iz3i replied Feb 2, 2010
This next 30min will be pointing the road. If upper trendline area of the channel gets rejected 3rd time, its likely that we go to test lower at 1.3915-20. At this point its known if RSI will be capped as well. Then the decision time...
EURUSD
- Z3iz3i replied Feb 2, 2010
I think i heard that Greece has something to report on Wednesday and that hurts EUR, investors are not willing to invest eurs, they have to heart the news first.
EURUSD
- Z3iz3i replied Feb 2, 2010
Well, gold is aiming at 1118 if it first clears fib 23.6% (1110), might be too ambitious the higher. Considering this, 1.3940 MIGHT not hold, near 1.3980 would be ideal to short. Those who like to average and not miss the possible trade, 1.3960

EURUSD