Eurusd/gbpusd - page 68

 
Gazmeistergeneral:
thoughts? cheers lads.

see the 3 touchs on the bottom TL, that is a strong TL now as it has been validated. if broke we may drop hard.... imo of course lol

 

Yep

Gazmeistergeneral:
things to consider - EU - 1hr chart, the ADX is partially negative - PA above 100 + 200 EMA - Trix EMA Bullish - PA above Volty - so thats 1 bear point vs 3 bull point....

5min tf still below volty and currently in down channel however there could be a potential downwards wedge forming which if broke (will take out volty also) will see us up to 4145 I reckon....

fundi speaking - $ could still be well bid if there is profit taking in stocks and oil does come down.

What a mixed bag!!!! seeing as its a Fri and taking into account the above I wouldn't blame people for staying out today....this market isn't really friendly to our system....

switch on Firebird ea lol

Gaz

1h if i didn't find good chance then will be out of the market.

8:30am USD Building Permits

 

Add Fibs to chart (1hr EU still)

add fibs and you get poten 50% 1.4000 target....

thoughts again?

Files:
eu1hr_5.bmp  1921 kb
 

1 hour:

E

PH 1.4097

PL 1.4077

G

PH 1.6299

PL 1.6263

 

Yea...first trade of today...not looking good....thanks for the support!

 
Gazmeistergeneral:
add fibs and you get poten 50% 1.4000 target.... thoughts again?

Same as earlier. Above 4082 I expect 4133

 
egkid:
1h if i didn't find good chance then will be out of the market. 8:30am USD Building Permits

Citgroup earnings came out - 12.something Billion Bredit loss....shares tanking in pre-market....

 
IMARICH1:
Yea...first trade of today...not looking good....thanks for the support!

Check out the TE on the 1 min chart.

 

Yes

Gazmeistergeneral:
add fibs and you get poten 50% 1.4000 target.... thoughts again?

Yes tempting to buy if we go there

 

I so wanted to take that short but with 15m before news I had to rule it out.

Reason: