EUR/USD Currency

nice job bro

Yngwie-NT wrote:nice job bro

Ty bro. Now we need to make the perfect entries for positions. If EUR goes up, that will also push GU up.

You right mate!

One of the reasons for my trade today was double bearish divergence on H1 chart. Expected lvl was 3650 it was cleared. Now if the daily chart is respected we will have some consolidating moves again until we hit 39+

[img][/img]

See bigger view, price look like heading to 38 fibo and many trendline below provide strong support.

below is the same chart but zoomed out.

[img][/img]

just my 2 cents..

good analysis bro

Might be some struggle in the level we are now but I guess we are heading down, end of March is more favorable to short positions, specially if there ain't sudden certain solution for Creek. Besides other PIIGS are coming to picture:

Wharton: If Spain Goes Down, The ENTIRE Global Economy Is In Trouble

Wharton is warning markets to keep a very close eye on Spain right now. That's because while a Greece or Portugal financial meltdown might be manageable, a Spanish one could have massive negative repercussions for both Europe and the global economy.

FXBear wrote:Might be some struggle in the level we are now but I guess we are heading down, end of March is more favorable to short positions, specially if there ain't sudden certain solution for Creek. Besides other PIIGS are coming to picture:

Wharton: If Spain Goes Down, The ENTIRE Global Economy Is In Trouble

Wharton is warning markets to keep a very close eye on Spain right now. That's because while a Greece or Portugal financial meltdown might be manageable, a Spanish one could have massive negative repercussions for both Europe and the global economy.

FxBear, i hope u wrong..scaring me.. haha

Yngwie-NT wrote:
FxBear, i hope u wrong..scaring me.. haha

I hope I'm right, down trend still on, but I didn't mean it'll go straight down without looking back.
What I ment is that I'm looking good positions to go short and be careful with longing, that's the "favorable to short in what's left of March". Before shorting again, I would like to see good pullback (Monday, Tuesday) to 50% fib, purple area in pic. I might scalp it on a way up. And then go short if some breaking news don't ruin the plan.

Like this:



Not scary at all.

good analysis~!

Reverse bearish divergence at 3550..we should go down

Reverse bearish divergence at 3550..we should go down

And the divergence has been respected..good pips today

We should go down

we depend on u now.. hehe

lol we can go to 37 if bounce up london ses

Yngwie-NT wrote:we depend on u now.. hehe

Its hard to make prognosis in this moment. We will see after NFP news...

drawing arrows ... lol

Nestor07 wrote:drawing arrows ... lol

Nice chart Nes!

We probably go to 3540, its a correction move, then we drop to 3000 levels ,if we break 3260 (hopefully)

lets see

PA bounced up at trend but now cant pass100 ma?

we are near 100sma again in m5 time frame ....let see

Nice analysis Nes!