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navk replied Sep 15, 2011As per daily technical analysis, 1.3940 is the resistance for today ( friday). Expect the price godown to 1.3705 first then 1.3660. Good luck to all those who have short positions.
EURUSD
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navk replied Sep 15, 2011Watch following levels on top side : 1.3862, 1.3894. On the down side immediate support lies at 1.3752, then 1.3700
EURUSD
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navk replied Sep 11, 2011Cloggie, i miss you and your advice here in this thread. I would appreciate if you can show up here and advise on regular basis. I had open shorts on friday and i took 60 pips profit after open but price still falling.
EURUSD
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navk replied Sep 11, 2011Potential strong support art 1.3480/1.3500. Then there is possibility of retracement as position traders are waiting to book profit from 1.4400 levels. Level to watch on retracement 1.3840/60.
EURUSD
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navk replied Sep 9, 2011I am surprised how people go "long" on retracement ! I stopped trading retracement.
EURUSD
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navk replied Sep 9, 2011I agree. Greed has been the problem for many traders. In the earlier months, i was winning and loosing and i analysed why the losses. I found it is basically indiscipline, trading during asian session not accepting losses on time. Now i am slowly ...
EURUSD
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navk replied Sep 2, 2011Monday is another day. I do not think there is buy trigeer here. But i agree that after initial bearshness on monday, it will retrace up. 1.4280, 1.4330. 1.4360 are levels. If 1.4360 level is breached then bullishness returns. But with the present ...
EURUSD
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navk replied Sep 2, 2011I am really surprised how people want to go long when there is no clear long trigger ?
EURUSD
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navk replied Sep 2, 2011It is actually not correct to predict the market. Rather it is right to see the PA and trade. But my intiution says eurusd will go up and hit resistance after news release but then drop below 1.4230 by evening. Let us see.
EURUSD