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T@rantula replied Sep 6, 2010A clear break of 1.0101 will aim for 1.0065, bounce @ 1.0040, return of bullish bias only above 1.0162
EURUSD
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T@rantula replied Sep 6, 2010oops...a typo...it was 2870...ofc well the day has passed and we are facing another trading opportunity soon.. My bias is still bullish thou I can see some minor bearish divergences... Look @ the chart below...2 STRONGEST divergences H4 tf..Momentum ...
EURUSD
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T@rantula replied Sep 6, 2010Intraday — Ranging market due to bank holiday...My bias is bullish and its good to buy dips close to 2970 level...
EURUSD
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T@rantula replied Sep 3, 2010very nice consolidation — Bullish consolidation in progress....We may see another consolidating movements on Monday... Monday trading is usual, no big movements, good for spotting market bias and setting up positions. I got also a hidden bull ...
EURUSD
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T@rantula replied Sep 3, 2010d55 has already answered that. 2848 on my chart as that is 5/8 MM line, bullish support
EURUSD
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T@rantula replied Sep 3, 2010Usually good NFP numbers push EU up, because after buying $ vs Y traders want to long EUR and GBP. I personally never trade EU when NFP is released, only UJ pair because it is pretty straightforward to trade it after the news IM still keeping my ...
EURUSD
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T@rantula replied Sep 3, 2010UJ is defo the best pair to trade NFP, but it requires a good non lagging connection
EURUSD
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T@rantula replied Sep 3, 2010UJ spike — Very nice UJ spike, caught 47 pips...UJ probably will jump to 87.xx level next week
EURUSD
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T@rantula replied Sep 3, 2010Because Yen is also considered safe heaven and major currency reserve vs U$...When news is bad for US economy traders SELL $ vs Y. NFP report usually determines the trend for the next weeks especially UJ pair
EURUSD
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T@rantula replied Sep 3, 2010My H1 shows a clear breakout from 2730 upwards, H4 On balance volume reverse bullish divergence. As for UJ, ranging till NFP.... As for EU im keeping my long 2730,stops placed below, 2939 in sight
EURUSD
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T@rantula replied Sep 3, 2010If the news is NEGATIVE i would also look to short yen crosses...Still, pay attention on 83.50....hard to break it..I cant remember when dollar was so weak vs yen
EURUSD
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T@rantula replied Sep 3, 2010Not yet, prepare for a whipsaw due to a VERY VERY strong USD/JPY resistance positioned around 83.50, first UJ pair goes to action then later on EUR and GPB
EURUSD