"i agree wit u eur jpy is at strong support we could rise over 300pips to 127.70 to form a double top which will confirm a free fall to around 117.25"
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Tim posted a status"Happy new year traders. iam pleased to be part of this social network for all these years."
Tim commented on Tim's blog post EUR/USD 4HR"i bought lower though just above the 1hr 21 EMA at 3246. "
Tim commented on Tim's blog post EUR/USD 4HR"the first trade plan was executed and profit taken.
The second trade plan has been triggered aswell. watch the space"
Tim commented on Rocky Master's blog post EURUSD Long Trade @ 1.31834, SL @ 15 pips, TP1 @ 15 pips Plus"i agree with you rocky 1.318 area is a good place to buy. if the support holds i see price reaching 1.3500 area."
Peter jcp commented on Tim's blog post EUR/USD 4HR"Hi Tim - agree with now you have shown your latest 4 hrs chart as your MACD as crossed again down and we do have both Fib and dynamic resistance above present price.
For now I would need over 3255/60 to look at shorter term intraday buys - but even…"
Tim commented on Tim's blog post EUR/USD 4HR"hi Peter
Thank you for your questions. looking at my chart now as attached, the M.As are actually painting a bearish picture and i could say that the resistance is holding and the target at 121.4 fib level is still valid and has further…"
Peter jcp commented on Tim's blog post EUR/USD 4HR"Hi Tim - I follow your thoughts and can understand your logic of selling if the resistance area holds and then buying again lower at a good support area.
However on you 4H chart - it is painting a very bullish technical scenario with the MA's…"
Tim posted a blog postEUR/USD 4HR
The 4hr setup in chart 1 where price is being resisted at 61.8 fibonacci level. If this resistance level is successful, then I will go short at market open with my take profit at 1.3148, around 121.4 fib level, the 17th December low and 38.2 fib level on the daily chartDAILY CHART SETUP…See More
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forex traders;
"In the UK 90% of toilets are mains sewage systems and latex is biodegradable over time. Dont know with septic tanks - never studied that part of the business :-))"
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- About Myself
- I love the Forex market and am still searching for the holy grail.i build my knowledge everyday because each day comes with something new about this amazing business.
- Trading style
- moving average,support and resistance and trendlines
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- Easy-Forex
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EUR/USD 4HR
Posted on December 30, 2012 at 10:56am 5 Comments 2 Likes
The 4hr setup in chart 1 where price is being resisted at 61.8 fibonacci level. If this resistance level is successful, then I will go short at market open with my take profit at 1.3148, around 121.4 fib level, the 17th December low and 38.2 fib level on the daily chart
DAILY CHART…
Continue the 1hr EUR/JPY one hour shows a potetial double bottom forming. the 38.2 fib level has proven difficult to break.
Posted on December 2, 2012 at 1:25pm 0 Comments 1 Like
the 1hr EUR/JPY one hour shows a potetial double bottom forming. the 38.2 fib level has proven difficult to break.
My EURJPY analysis
Posted on December 2, 2012 at 1:06pm 0 Comments 1 Like
the 4 hr chart shows eurjpy trading along the 38.2 fibonacci level and strong support. if that level holds and supports the price, i should expct the pair to again at least up to 108.60 aroud 161.8 fib level. The one hour shows a potential double bottom while the daily bars have just bounced off their 38.2…
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