EUR.USD

[Dazza]

i shorted the eur last nite at 2726

the 15 min chart showed bearish divergence with the RSI

so far 60 pips pocketed.

[roddy]

Hi Dazza

well done,i havent quite pulled the trigger yet,price is just below trend line 2667 at present
roddy

[miner]

Good entry Dazza,Roddy usd/chf is well through yesterdays high,so if stays above eur/usd should follow(as in the opp way).

[roddy]

Hi Miner

i see what you mean, the euro follows the chf except Euro should head south.

is this a regular occurance?
cheers cadet roddy

[Dazza]

really?

im actually going to long the EUR

i manually took myself out of that trade.

ended gaining 59 pips.

i saw bullish divergance on 15 min RSI chart.

so that tempted me to exit my trade.

i wasnt home for the 2650ish mark where the bullish divergence occured.

closed my trade at 2667


im looking to long EUR... for a 30 pip trade maybe..

[roddy]

Hi Miner short at 2663,see what happens

cheers cadet roddy

[Dazza]

placed a buy at 2665

stop at 2650

limit at 2695 - about 62.8% fib retracement
from the 2710 drop

wish me luck, will see how this plays over nite

[Dazza]

lol roddy, i see , we see different things

[miner]

Evening Roddy yep eur/usd always goes the opp way to usd/chf and usd/chf leads the way,most of the time they mirror each other(opp way though) but sometimes like last few days eur/usd gets out of sequence(look at last couple of daily's not counting today) but then it gets it together and does what it should.

So working on the above if you look at usd/chf daily's(last 4 before today) they were telling you that eur usd was a short,or would go short.

Then to get tricky look at last 5 usd/jpy daily's,they go same way as usd/chf,and opp to eur/usd,so they were also saying what eur/usd would do.

So you can confirm or get the jump on moves(short eur/usd last night,not by what it was doing but by what usd/chf was doing) then there is eur/jpy hehe.

I often long or short one by what another is doing,so am actually looking at a different pair to the one I am trading,and obviously the one I am trading but you get the idea.

Hope that made some sense and helped.

Cheers
Miner

[Dazza]

mmm maybe my bullish divergence, was seen already?

bah

oh well got my stop anyways, so i can sleep well tonite