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Robertk replied Oct 19, 2011Current barrier #1 .3782. If broken barrier #2 .37680 ( around channel TL). Then the next one would be .37200-37300 area. This last one should be a very, very tough one to break. Very important lower channel TL+all in all a very good demand area. ...
EURUSD
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Robertk replied Oct 19, 2011I suppose so yeah. At any case not trading this for now.. Too unsure where it's going.
EURUSD
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Robertk replied Oct 19, 2011I don't get why it set highs ( for now ) at .38660.. Not having any relevant levels for this one. First important checkpoint/TL was some pips above. It should have at least touched that one before turning.. It may as well still do.
EURUSD
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Robertk replied Oct 19, 2011I don't agree this time. .37950 getting rejected fast, higher lows.. Just used previous high as a support + USD index about to fall.. Good chance of a boost upwards.
EURUSD
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Robertk replied Oct 19, 2011Similar EU pairs (like EUR/JPY for example) are acting bullish(off course) and have some nice decent space to rise in, while the USD index is about to break its triangle. Also consolidating quite some time around this supply area for now.. I would ...
EURUSD
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Robertk replied Oct 18, 2011Thank god I did that
Looks like you were right in the end btw kuro
Some good levels just opened (.37720 followed by .38260 ) but lets see what Ben has to say first.EURUSD
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Robertk replied Oct 18, 2011Closed all shorts for a small loss.. Too much consolidation right now and I don't want to risk this descending channel breaking on the upside.
EURUSD
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Robertk replied Oct 18, 2011He's trying to trap some long traders so he can rush trough their exits later today, all on his own ;O
EURUSD
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Robertk replied Oct 18, 2011True, hard to tell who has the upper hand in this pingpong show.. We'll see soon enough.. And trade safe bro
EURUSD
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Robertk replied Oct 18, 2011Still think it won't break out myself. The time PA spend at these tests was relatively short / got heavy rejected with fast bearish movements. There's still a bunch of supply in there in my opinion but will see.. One thing for sure. My SL isn't ...
EURUSD
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Robertk replied Oct 18, 2011Not going to pick bottoms on this one.. Hoping for a retest-short instead ;( Very low volume btw
EURUSD
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Robertk replied Oct 18, 2011Yeah because the market going zigzag is so 2010. We expect it to go in a straight line 2011 right?
EURUSD
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Robertk replied Oct 18, 2011Previous longs closed.. No short setups planned for now because the R:R isn't allowing it.. Current area is clustered with a bunch of daily/weekly/monthly R/S. An upper channel TL is a few hundred pips above that. Shorting just won't do for now ...
EURUSD