Very nice to see you in this thread.
Nina, I'm newbie in this forum and this thread. When I find your thread, I'm interested cause' too many user joint in this thread.
May I know what you are using indicator or the system ??
Can I download the latest indicator or system that using in this discuss ???
Thank you for your kindness Nina.
All you need is in post 1.
How are you doing?
Well, we have EURUSD above 1,4000. Nice. And more to come. What do we need in order to see single currency keeping its way to the moon?
We need, and it is mandatory, that ECB does not say its hike cycle has finished. If they keep rates steady without saying the next step will be a cut, EURUSD should keep appreciating versus the $. The next move of FED will be another cut; that's what market is pricing in already.
So, if we are to see all that, which is the EURUSD road map?
For me, 1,4007-1,4000 - 1,3985 are levels to watch if it goes south. While holding above those levels, the next big stop on EURUSD should be 1,4340. Once there, if it is the case, we'll talk.
You should not forget that each time we see EURUSD trading below 1,4007, it will be aiming at 1,3820.
Well, well, well....when I posted those levels, EURUSD was trading at 1,4092.
EURUSD retraced to 1,4061 and from there to the moon: 1,4278. It closed on Friday @ 1,4258. Not bad, isn't it?
OK, the same mantra:
Is it going to retrace?
Is it dangerous to buy it here?
When will it find the last top?
All I know is that EURUSD is on a very strong uptrend. It could open on Monday making new highs or it could retrace.
If it is going to retrace, look at 1,4190 - 1,4160. For me, though, it will keep going up while above: 1,4007 - 1,4000.
Next targets up are: 1,4298/300 - 1,4310 - 1,4341- 1,4370 - 1,4385 - 1,4400/08.
You can play that game that like so much to those top or bottom catchers. You can trade too according to your feelings or to whatsoever esoteric system.
You can go to the casino or you can bet. But facts are facts.
BTW, I bought EURUSD the 18th of September when Bernanke decided to sink the $. I did it at 1,3921.
please tell me, how create this targets?
Next targets up are: 1,4298/300 - 1,4310 - 1,4341 - 1,4370 - 1,4385 - 1,4400/08.???
As usual, excellent analysis on the EURUSD and identification of those key levels. CONGRATULATIONS on that LONG trade from 1.3921. WOW! KACHINGAs! Keep up the good work. Your valuable contributions to this trading community is very much appreciated.
As you know, technical traders look to the past in some effort to predict the future. I use chart formations and analysis to try to find the best time to enter positions and the best time to exit positions.
Those charts formations or patterns give me my levels plus fibos and some equations.
BTW, if BCE does not begin to say that "appreciation of euro may damage growth", I do not see anything ahead that stop the single currency trading at 1,5000. Of course, US data should keep like now: bad.
Thank you pal!
I should follow more than I do your thread. I think you've got something solid as far as I see looking at your charts. And, of course, I should subscribe to you lounge.
BTW, fxcruiser, if you allow me to say that, I think you and Igor should keep improving your systems without all that fight that it's going on lately. None of you need that. Retail Forex Community have a lot of enemies by its own; we do not need to make it worst.
Please, is that a this S/R? I want learn cause - think like you.
Is the blue dot of any significance? I ask because it's not mentioned in the CatFX50 rules.doc.
Just to be clear, the blue dot appears on the Nina indicator.
I think that has big meaning, but isn't there will never in no rules.
Is that a only history how wrote Nina.
Thanks frantacech but I'm not sure what you mean by that.
IS this a short trade?