the levels you have mentioned, is it broken?
Only one support was reached 1,3296. All levels are still valid 1,3296, 1,3286 and not mentioned on screenshot 1,3282. To be more precise level is broken if price consolidates beneath or over (it depends if that level is support or ressistance). Or if level is pierced without even stoping.
[QUOTE=FXS;297614]Only one support was reached 1,3296. All levels are still valid 1,3296, 1,3286 and not mentioned on screenshot 1,3282. To be more precise level is broken if price consolidates beneath or over (it depends if that level is support or ressistance). Or if level is pierced without even stoping.
thnx for explaination, GBP was clear but i was bit confused on EUR if the levels were broken. thnx
GBPUSD nevertheless it dropped, minus
aliugursermet, if something is unclear, just ask, that way no misunderstanding will incur
So signals from yesterday for eur/usd are no longer valid since price dropped below your parameters. Yesterday was a great day, caught the ride up on eur/usd, then caught the ride down. This pair has been pretty consistant the last week.
Thanks
You’re welcome.
These levels to enter are valid only 1 day. However if someone feels lucky or like to risk can enter multiple times.
For now no recommendation as too much ucertainty
GBPUSD tricked me and is making yesterdays plan
So much for ucertainty and shattered plans
I hope everyone got on the ride with eur/usd. Been a while since its moved two hundred pips in seven minutes without major news.
There was news, from China and Europe
My calendar showed no news at that time, guess I need to find another economic calendar.
It wasn’t on the calendar.
China reduced reserve requirements for commercial banks on 0,50%
Eurozone agreed to help Greece and give $8 billion
This is why such movement
Thanks, great boost for the eur. Wonder if it will hold throughout the day?
Don’t know if it holds, don’t need to know I’ll be looking for sell position between 1.3504 - 1.3549
and GBPUSD 1.5740 - 1.5780
For EURUSD I would recommend to watch out for 1,3427 - 1,3423 zone.
GBPUSD still uncertain, however 1,5740 - 1,5780 and 1,5796 are very strong levels. (Personally I stay away from GBPUSD for now)
[QUOTE=FXS;297967]For EURUSD I would recommend to watch out for 1,3427 - 1,3423 zone.
GBPUSD still uncertain, however 1,5740 - 1,5780 and 1,5796 are very strong levels. (Personally I stay away from GBPUSD for now)
how do you determine to take the trade?
I think we are too late
Preliminary recommendation for EURUSD:
If price goes below 1,3423 - 1,3427 zone, I’ll update recommendation.
Could you recommend T/P also? Testing you on demo.
No problem, from monday I’ll post recommendations with SL and TP.
For today, points to fix profits would be 1,3464, 1,3445 and grey zone. Don’t forget to move SL to BE
Also, I think if you labled each line with “violet t/p” or “violet sell limit”, it would help ease the reading.