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Thread: EUR.USD

  1. #161
    Senior Member slam's Avatar
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    GBP may be taking the EUR with it

  2. #162
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    As in north slam?.

  3. #163
    Senior Member slam's Avatar
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    imo yep

  4. #164
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    Hope so as gone long for a trade in part because EUR/JPY is looking good for north.

  5. #165
    action-reaction arco's Avatar
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    Going against the flow but managed to squeeze
    30 pips out of a long trade last night btw 4-8pm.....

    However, scaling in a few shorts at the moment.
    Tight stop.





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  6. #166
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    Good stuff Arco EUR/JPY ended up the better of the 2 though.

  7. #167
    Legend peat's Avatar
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    amazing spike last nite! got a lil burned by it , nothing too major.. had some extra sells scaled up thru the high 1.19's with stop loss on those entries at 1.2027 so yeh got sold and bought back without even being there hahah. Another example for me to note that set stop losses seem to lose one money. Better to be right sized in ones position and have flexibility.

    I still have my original positions short on this pair tho.

  8. #168
    action-reaction arco's Avatar
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    Tight stops got triggered...only 20 pips
    so no real damage done....

    Fight to live another day

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  9. #169
    Guru Xerof's Avatar
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    Well, FWIW, I think we're finally seeing the wave 4 action that has been threatening for some time on the weekly chart, which should target 1.2300/50, then get ready for wave 5 action down to 1.16/1.15

    Similar action for other major pairings.

    I'm sidelined waiting and watching - GC Martins comments are noted regarding 1.2182, and respected, so will observe price action carefully later on tonight, in case we do see another 'early' turn


    Xerof

  10. #170
    Legend peat's Avatar
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    in an upwards 5 wave movement wave 4 is often sideways trianglish

    perhaps this will be as well...

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