EUR/USD Prediction thread

[havenoidea]

EUR/USD - I entered another position @ 1.3133 ready to drop?

Gơod luck, i think it will hit 1.3230

[forexhood]

We will see if this trend line holds on the daily.

1.3133 did not hold I took a small loss.

Another short position @1.3282

[havenoidea]

Another short position @1.3282

daily is show reverting signal, if you success short, you are trying to catch the knife falling, which i mean you are short the DIP

[qwertymyfx]

"prediction" thread? I don't think this is an apt name.

u don't predict in fx. you study.

[forexhood]

daily is show reverting signal, if you success short, you are trying to catch the knife falling, which i mean you are short the DIP

I don't see a reverting signal. This thing blew all the technical levels I was looking at. I was looking for a AB=CD pattern playing out on the daily because AB=CD pattern on the weekly is on it's way. After a sharp move down last week on the 4hr I was looking for a pullback this time it did not work.

[forexhood]

"prediction" thread? I don't think this is an apt name.

u don't predict in fx. you study.

Studying is totally different from trading it's self. Studying is learning how the market moves and identifying patterns. But actual trading is all about anticipation and being prepared for what ever might happen next.

[havenoidea]

Anything gơod tonight ?

im going long UsdCad TP 9950

[BamBamBeano]

so the EUR/USD dropped roughly 500 pips over the course of a week and then rose 500 pips the following week. what direction do you predict this week?

[orb1y]

i think it will rise further, but before that i'm waiting for pullback to ~1.3230 witch is 140 pips lower.. so i will try to go short tomorow.

but if it breaks this big resistance at 1.3410/30 then go long...



anybody esle???

[forexhood]

I would like to see a double top on 1hr chart @1.345 before resuming it's overall bearish sentiment.