Goldmine! - page 30

 

Blue L-MLH Target?

Well traders,

Looks like price is trying to get there after all.

FX4Newbies:
Hello traders,

Had a busy morning and it's almost 10 a.m. EST. Will see what the market gives for London Session. Price of EurUsd at the moment trading close to 1.2820 around the L-MLH of green fork. Be watchful. Would like it to fall to 1.2720 ...the blue L-MLH on larger view H1 time frame chart above.

We'll see. Confirm your entries and be careful.

FX4Newbies

EDIT: Blue L-MLH price is 1.2730ish.

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Hello traders,

Just letting you know that I plan to post the usual weekly updates on the ten pairs I follow later today on the blog.

Take care,

FX4Newbies

 

Weekly Chart Updates Posted

Hello again,

The updates have been posted on the blog.

Thanks for following the thread and enjoy the rest of your weekend.

FX4Newbies

 

Deciding Moment

Good Morning Traders,

Price in a decision zone. Patience is needed to wait for your confirmation.

Take care,

FX4Newbies

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Price Decided To Go Up

Price pushed beyond the red U-MLH to about 1.2860, which happens to be about the area of the ML of the new teal green fork drawn.

Keep being watchful,

FX4Newbies

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Hello traders,

Somewhat of a quite night. Lots of US news at 8:30 a.m. EST. Will see how the market responds.

Take care,

FX4Newbies

 

Working Its Way Upward?

Hello Traders,

Eur-Usd seems to be trying to make a move higher...higher highs and higher lows. Confirm your entries and go with the flow of price.

Take care,

FX4Newbies

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Inching Lower?

Good Morning Traders,

Price seems to be inching lower overall. Be careful and confirm your entries.

Take care,

FX4Newbies

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Inching Lower? Another View

Here is another look at that chart set-up. Price has been falling for some time but began making a stair-step higher...but not yet high enough to take out some key resistance around 1.2929. Started a stair-step lower then found support.

Important US news due this morning. It could give the needed push upward. Take your time and be watchful. Patience is key to wait for your setup and entry.

Good trading to you,

FX4Newbies

P.S. Busy morning...will have to watch the aftermath .

 

Euro Continued The Move Lower

Well traders,

Euro did get a push upward yesterday because of the news, but then turned, at the ML, and continued falling. Broke blue support line on chart posted yesterday.

Continue to let the market show you what it wants to do next. Remember, it is always right .

Take care,

FX4Newbies

P.S. Another busy day for me.

Reason: