Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

it is still testing the 1.1215 region .. where will it go from now ????

Originally Posted by Pivotal12

Since we are right there right now, what would it be breaking that line? Going lower on the sell and buy or just on the sell. If in both, by how many pips. The question is relevant because with minimal trading taking place right now, I would assume it is quite manipulable. Does TA take into consideration liquidity of it is whatever it is painted on the tape that counts?

And Sean, by the way, I appreciate both the advice and your will to help, lets keep things in their right perspective...

Pivot,
Im not gonna get in a ding dong with you but ive just been back reading these posts.
Your attitude is poor on this forum.. and its not about which way you are trading......

Originally Posted by Colly

Oooooo I hope so!!

That one up, Eur/Usd down, and my count remains valid

just came in from cutting grase. looking @ 15 min. chart if this breaks down could be good run. looks like its buying time to continu down.& that would put us in my favorate trade next to triangles

Originally Posted by cw1

Pivot,
Im not gonna get in a ding dong with you but ive just been back reading these posts.
Your attitude is poor on this forum.. and its not about which way you are trading......

Sorry that you feel that way but we are going to have to agree to disagree on this one. The trading (more specifically the profits) is my only interest. Period.
People that wage other wars are of no interest to me on this forum. None.

Whether you choose to believe it or not.

Originally Posted by AyoBro

Sean
GU trying to break it's neckline now!! Nevermind, it bounced off of neckline instead.

A-Yo Bro

Am i correct that its to break the 12218 area?
It has indeed bounced off it.....could this be the start of the further drop
I shorted the mental cable gbp/usd...14770 with ants in my pants!....closed it too early on that too arhhhhh

Originally Posted by nopainnogain

just came in from cutting grase. looking @ 15 min. chart if this breaks down could be good run. looks like its buying time to continu down.& that would put us in my favorate trade next to triangles

I hope you do well from it whatever happens.

Its busting the line as per my last chart, but, it could have just completed a 5 a off the high.

I've taken a couple of minimal positions anyway and shall keep an eye on it.

You always seem to be cutting the grass haha. I watch through my window the kind man do mine on a friday

Incidentally, how I shall trade it will be to assume a bounce up from one of the Fibo levels. I'll attach a chart to append to this in a moment showing them.
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Attaching:

10Min including Fibo Retraction levels

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Just wanted to say thanks for the education today. I mostly read and not post. I pay close attention to a handfull of you that make in depth post because that is where I base some of my final trade ideas off of. But Sean is the one I look for the most, he adds a lot to this forum but he is more than this forum, for those that do not know him I suggest you research Sean.

But anyway it's been a good day for learning for this newer trader.

Terry

Originally Posted by Colly

I hope you do well from it whatever happens.

Its busting the line as per my last chart, but, it could have just completed a 5 a off the high.

I've taken a couple of minimal positions anyway and shall keep an eye on it.

You always seem to be cutting the grass haha. I watch through my window the kind man do mine on a friday

Incidentally, how I shall trade it will be to assume a bounce up from one of the Fibo levels. I'll attach a chart to append to this in a moment showing them.
----

Attaching:

10Min including Fibo Retraction levels

----

nic einput, thanks Colly

Originally Posted by cw1

Am i correct that its to break the 12218 area?
It has indeed bounced off it.....could this be the start of the further drop
I shorted the mental cable gbp/usd...14770 with ants in my pants!....closed it too early on that too arhhhhh

Just like Colly is illustrating. 2215-8 was neckline area for H&s breakout. Price has since dipped below but no follow thru. It's got me nervous too. I'm short at the neckline, thinking about backing out for better entry. I'm out at a three pip lost. No sense wrecking my nerves with little to no volume to push price.

A-Yo Bro

I think we may have to be patient.

Appears that its made a 5 wave a and so I have adjusted the Fibo levels for b and even made a real concession to adjust also the magic red lines to allow the pair some slack during low trading vloumes.

I called Sheikh Mohammed bin Rashid al Maktoum but he says he can't be bothered just now because he is engrossed in the world cup and was about to dash and feed a stable of race-horses so not much joy there I'm afraid.

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Attaching:

10 minute / day

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Originally Posted by cw1

nic einput, thanks Colly

Originally Posted by AyoBro

Just like Colly is illustrating. 2215-8 was neckline area for H&s breakout. Price has since dipped below but no follow thru. It's got me nervous too. I'm short at the neckline, thinking about backing out for better entry. I'm out at a three pip lost. No sense wrecking my nerves with little to no volume to push price.

A-Yo Bro

Thank you CW1

A-Yo Bro ~ thats it, don't be wrecking your nerves when you can wreck mine eh ?!

Originally Posted by MoLong

Just wanted to say thanks for the education today. I mostly read and not post. I pay close attention to a handfull of you that make in depth post because that is where I base some of my final trade ideas off of. But Sean is the one I look for the most, he adds a lot to this forum but he is more than this forum, for those that do not know him I suggest you research Sean.

But anyway it's been a good day for learning for this newer trader.

Terry

Hey Terry, your right about sean, exceptional service

just looked @ daily charts we corrected a little above .500 fib. from 1.2673 to base & after all that was done today think i am going to have supper & then spend some time getting focused.thanks for the charts

Im hittin the sack....
Lost £400 today
got back £300
£100.00 loss in the end and im chuffed about that as it could of been up near the 2k mark!!! Now thats what i call MM.

Tomorrow i shall get that back.....a new battle will begin.....intel from the colly, ayo bro mike and sean will help towards the advance.........below!!!

Night

The Bear is healing and has His Eye on the Gap from Sunday night. In the meantime, those who do not wish the Bear well, have caused a little bounce off 1.2208. He may just reach out and snag an unwary Bull calf around 1.2255, if He comes close to His Den. He was sleeping the last time this happened.

Madaam B is so sure 1.17 will be touched, She's busy trying to work up a four handed double Deck Pinochle Game. Got the Ball under a Velvet cover.

Happy Trading!