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

Originally Posted by Bari Baig

with target 28795

Excuse me Bari, is this ur target ? seems a little too close or are u goin to add more lots if it goes thru 2866
i shorted eur usd 2 lots, but closed for now, and gbp/usd from 1.5533

daily S/R levels on eur/usd seem kinda close to each other today, s1s2

Originally Posted by Screwdriverr

Excuse me Bari, is this ur target ? seems a little too close or are u goin to add more lots if it goes thru 2866
i shorted eur usd 2 lots, but closed for now, and gbp/usd from 1.5533

My target you ask Screwdriver well that is firmly in place of 1.25 and then 1.18s however, I tend to scalp and not waste pips when market is range bound, only makes sense, don't you think?

If you'd like to view my target you're most welcome to read my article [How long will Euros life support work] link Marketprojections.net :: News Letter

Cheers

PS: if we break the low we'd head lower to 2746s

Originally Posted by Bari Baig

My target you ask Screwdriver well that is firmly in place of 1.25 and then 1.18s however, I tend to scalp and not waste pips when market is range bound, only makes sense, don't you think?

If you'd like to view my target you're most welcome to read my article [How long will Euros life support work] link Marketprojections.net :: News Letter

Cheers

hehe works fine with me
Thank You , Sir

i also believe we will chop back and forth for a while.


I also have a little bias for a higher topside than we've seen also here maybe 12940 maybe 12950. like bari said once the low breaks it will continue downward without the chopping.

My model goes wary if we breaks over 2915s this time and it could potentially side the Longs but until the price doesn't break, I sit tight

And you're most welcome Screwdriver

vvvvvvvvvvvvvvvvvvvvvvvvvvv

scratch my topside bias these bands are tightening now. this will probably be my last scalp for the morning.

1min,5min and 10 min charts all showing triangle formations that are getting tighter.... if scalping then be aware of break up or down......ALSO look for a 3rd touch of the bottom to see if this holds.....if not......could have a small spring up ..

covered on that last little push there at 12887 could go lower but it seems like the range is getting smaller to me

Originally Posted by cw1

1min,5min and 10 min charts all showing triangle formations that are getting tighter.... if scalping then be aware of break up or down......ALSO look for a 3rd touch of the bottom to see if this holds.....if not......could have a small spring up ..

correct i always play the 3rd attempt at resistance for the break, so my next short position i will let run to either break the bottom out or get stopped at breakeven.

nice been scalping all morning. flat waiting for breakout. good job

Up Up and away 5 min chart

my gut says up : been down this road before,waiting for signal. ( or drop & pop )

Originally Posted by Bari Baig

My model goes wary if we breaks over 2915s this time and it could potentially side the Longs but until the price doesn't break, I sit tight

And you're most welcome Screwdriver

My models are still bearish and I see a rectangle on the chart 15 m TF. As said earlier until we don't break 2915-2922s short is what I side and sit patiently on my position.

In case 4 hrs opens above 2916... possible tgt 1.3000 not ruling out....

GL...