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Thread: EUR.USD

  1. #241
    Legend peat's Avatar
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    apparently reversal is imminent

    either that or bankruptcy

    [xx(]

  2. #242
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    Touch 219ish first maybe?.

  3. #243
    action-reaction arco's Avatar
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    Peat you said
    apparently reversal is imminent....either that or bankruptcy

    Dont despair.

    50% Fibo at 2226
    High of 12/7 = 2256
    Whats your friend M saying

    Morning Miner

    Not sure if it will drop that low, seems
    to be trying to turn

    arco



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  4. #244
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    quote:Whats your friend M saying
    his spiel on all USD crosses is the same , prior, it was "correcting nicely ", today its "...corrected nicely-reversal is imminent "

    for Eur yesterday he was saying buy at 2255 stop at 2230
    today he is saying just buy with stop at 2240



  5. #245
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    Arvo Arco,yep may be a tad low but if it does it will be the top side of my dodgy trend line on the last 2 daily's,just watching anyway as doing other stuff today.

    Cheers
    Miner

  6. #246
    action-reaction arco's Avatar
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    Peat
    With a recent low at 2246 that stop on EUR
    sounds a little tight.

    Not sure how you can utilise that type of
    'flexible' info. If I was paying for a signal
    service I would expect exact entry, SL and TP.

    e.g. something like...

    EUR.USD
    BUY. At market (current 2285)
    SL. 2220
    TP. circa 2695

    arco













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  7. #247
    Legend peat's Avatar
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    yes well my thoughts are going that way a little bit too..... eg he has been calling for 2750 (was at 2500 ) ever since I got it but also saying correcting back (first to 24 , then 23, now mid 22's

    saying that something might go up 250 points but first it might go down 250 points kinda seems like a bob each way.....

    but I have 3 months of his info now so i will see how it goes over that entire time.


    most commentary seems to be identify this 2300 zone as quite crucial in determining the medium term direction.




  8. #248
    Legend peat's Avatar
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    sentiment definitely changed against the USD
    and is maybe now becoming the visible trend. (unless of course I see what I want to see)

  9. #249
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    Morning Peat

    Yes a change of opinion could be taking place.
    The slow drag while we wait for some upcoming action.

    One hour chart is currently showing what looks
    like the formation of a H & S bottom pattern.





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  10. #250
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    well yeh but someone keeps hitting it pretty hard at the 1.2325 level !

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