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T@rantula replied Jul 8, 2010Yea usually when overshoot happens the effect is an immediate reversal, no matter teh TF. Overshoot is above utimate resistance level and that usually means extremely overbought zone.
EURUSD
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T@rantula replied Jul 8, 2010Gator dont reject the possibility of 2790...im prepared for that...just I dont like Fridays as I said..it is the end of the week and markets tend to prepare for the next week. We will see what Friday will bring us, we have opened the way towards 28 ...
EURUSD
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T@rantula replied Jul 8, 2010Divergence indicates many things....dont have the time to explain it all but here is 2 main things: 1.Reversal/Retracement 2. Continuation I prefer 2nd
EURUSD
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T@rantula replied Jul 8, 2010If we break 2720 2764 is next stop. I still have an open long aiming for that. In the worst case BE+1, may reenter again, depends upon the situation. TBH, I like this craziness,makes me feel good

EURUSD
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T@rantula replied Jul 8, 2010Really strange PA, DJIA index fell, its dragging it down. I still think move to 2710 and 2739 should be completed...even 2767 but hardly 2day image
EURUSD
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T@rantula replied Jul 8, 2010Hey mate...before London opening I shorted @ 2655, t/p was 2570 but DT crossed at 2640 so I closed it. Anyway I opened long @ 2660, if we make a clear break of 2674 we have a res @ 2698 then 2720. 2765 can also be reached
EURUSD