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EuroTraderJD replied Apr 14, 2013EUR Tech Trader We got long during NY trading on Friday and are targeting a test of the 50% fib. Price first needs to hold above key resistance at 1.3115 where sellers have been apparent. This area is where the 38.2% fib meets the 50 day MA and a ...
Trading EURUSD only
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EuroTraderJD replied Apr 14, 2013EUR Tech Trader We got long during NY trading on Friday and are targeting a test of the 50% fib. Price first needs to hold above key resistance at 1.3115 where sellers have been apparent. This area is where the 38.2% fib meets the 50 day MA and a ...
EurAnalysis
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EuroTraderJD replied Apr 14, 2013EUR Consolidating around 1.3100 after s/t spike EUR/USD settling below Friday's 1.3110 close after touching 1.3150 earlier The move was to trigger stops above 1.3140 when the USD/JPY led the USD lower The key 100-day MA comes in at 1.3152 and should ...
Trading EURUSD only
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EuroTraderJD replied Apr 14, 2013EUR Consolidating around 1.3100 after s/t spike EUR/USD settling below Friday's 1.3110 close after touching 1.3150 earlier The move was to trigger stops above 1.3140 when the USD/JPY led the USD lower The key 100-day MA comes in at 1.3152 and should ...
EurAnalysis
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EuroTraderJD replied Apr 14, 2013Kind of risky when in the heat of FX battle. Danger Will Robertson ...
EurAnalysis
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EuroTraderJD replied Apr 14, 2013EUR Techs Since April 10th, sideways trade around key resistance has been seen 38.2% fib / several daily highs in early March & 50 day MA all at 1.3100/30 Look for possible pullback to retest 200 day MA (currently 1.2913) Holding above 1.3130 would ...
Trading EURUSD only
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EuroTraderJD replied Apr 14, 2013EUR Techs Since April 10th, sideways trade around key resistance has been seen 38.2% fib / several daily highs in early March & 50 day MA all at 1.3100/30 Look for possible pullback to retest 200 day MA (currently 1.2913) Holding above 1.3130 would ...
EurAnalysis
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EuroTraderJD replied Apr 14, 2013LOL Yea if honesty was important Super Mario would say...Bend over because you are doomed. Cyprus was just a warm up for the rest of you...
Your Gold is ours BTWEURUSD
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EuroTraderJD replied Apr 14, 2013EURUSD Is Testing 1.3100 Resistance From Where Price Could Retrace To 1.2900/50 EURUSD extended another 200 pips higher since Friday, so now we are even more confident that a low on EURUSD is in place. This was expected because of an ending ...
Trading EURUSD only
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EuroTraderJD replied Apr 14, 2013EURUSD Is Testing 1.3100 Resistance From Where Price Could Retrace To 1.2900/50 EURUSD extended another 200 pips higher since Friday, so now we are even more confident that a low on EURUSD is in place. This was expected because of an ending ...
EurAnalysis
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EuroTraderJD replied Apr 14, 2013Also the liquidity is very low and the spreads high which is a recipe for prices all over the place. Another thing is brokers have orders stacked from over the weekend which get executed. This also causes swings when liquidity is considered.
EURUSD
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EuroTraderJD replied Apr 14, 2013I think it was Math_GB (whom I greatly respect) said these pre market prices dont mean anything. I would agree unless it shows a huge price discrepancy. Like runners jocking for position, the position that counts is when the gun goes off. I think ...
EURUSD