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Pipomatic commented on Pipomatic's blog post EurUsd: buy on bounce and sell on break
Jason commented on Pipomatic's blog post EurUsd: buy on bounce and sell on break
Pipomatic commented on Pipomatic's blog post EurUsd: buy on bounce and sell on break
Pipomatic commented on Pipomatic's blog post EurUsd: buy on bounce and sell on break
Jason commented on Pipomatic's blog post EurUsd: buy on bounce and sell on break
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Pipomatic commented on Pipomatic's blog post EurUsd: 1.3290 major resistance
Pipomatic commented on Pipomatic's blog post EurUsd: 1.3290 major resistance
Pipomatic commented on Pipomatic's blog post EurUsd: 1.3290 major resistance
Lisa commented on Pipomatic's blog post EurUsd: 1.3290 major resistance
Lisa commented on Pipomatic's blog post EurUsd: 1.3290 major resistancePosted on March 29, 2012 at 11:46pm 0 Comments 2 Likes
Tomorrow/today is the last trading day of March and Friday also, so some extra carefulness should be in place. As for the title, the last two weeks was pretty choppy with some extended consolidation periods on 1h and shorter time frames. Only Monday was good looking at price action. What to do when you can't see what is happening? Two things ...
1) You can stand aside and watch the charts until you get some idea/trade plan ... or
2) Switch to larger time frames (4h and…
Posted on March 29, 2012 at 10:07am 5 Comments 6 Likes
The bias for the pair on 4h chart is still bullish. Said that let's take a look at the chart:
Reasons for a buy: 61.8% fib of last swing up on 4h chart + trend line support + monthly central pivot. All in the zone of 1.3260.
Reason for selling: break of trend line.
Targets: the arrows shown on the chart are more or less pointing to the…
ContinuePosted on March 26, 2012 at 1:20am 8 Comments 3 Likes
Let's start the week with an early analysis/outlook. The pair was choppy last week with a lot of ups and downs and no real direction. We will see if this week gives us some direction. My bias below 1.3300 is bearish, above 1.3300 things change.
Here is a very compressed 4h chart just to pint out the 3290 handle:
There was also a sell signal already on a change…
ContinuePosted on March 13, 2012 at 8:23am 0 Comments 3 Likes
A change of trend on smaller time frames suggest a turn/reversal for today. The price level is so we should take a look at the charts.
A nice pin bar/ shooting star below 50% fib retrace of last dip and below weekly central pivot suggest a reversal.
And smaller time frames 5m/15m shows a H&S formation and a change of trend supported with…
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