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Re: EUR/USD
Posted: Thu May 25, 2017 10:31 pm
by FrancoisT
EUR/USD - It looks creating Head and Shoulder formation on 4H. Currently the pair is "painting" the right shoulder and according the "big books" confirmation would be below 1.11655

Me personally will not trade it.
Re: EUR/USD
Posted: Fri May 26, 2017 4:13 pm
by mlawson71
blackking wrote: Thu May 25, 2017 10:33 pm
Yes eventually eurusd not hit my target but still on lucky already closed on stop loss in profit because when order on floating profit then modify stop loss
I'm glad your position closed at a profit, rather than a loss.
I, personally, don't plan on opening more EUR/USD positions this week.
Re: EUR/USD
Posted: Fri May 26, 2017 10:16 pm
by FrancoisT
EUR/USD - Zone between 1.1170/77 looks good for some scalps with tight stop and targets around 1.1180/95
Re: EUR/USD
Posted: Sun May 28, 2017 8:45 pm
by mlawson71
It looks like the move to the upside for now is over. The pair is very bearish.
Re: EUR/USD
Posted: Tue May 30, 2017 12:26 am
by FrancoisT
EUR/USD - In the choppy limited by 1.1160 and 1.11894. Breaking some of them may show the direction in short term, but looking the volatility maybe we ma see some false breakouts.
Re: EUR/USD
Posted: Tue May 30, 2017 7:35 pm
by mlawson71
FrancoisT wrote: Tue May 30, 2017 12:26 am
EUR/USD - In the choppy limited by 1.1160 and 1.11894. Breaking some of them may show the direction in short term, but looking the volatility maybe we ma see some false breakouts.
It will likely be this way until the Non-Farm Payrolls on Friday.
Re: EUR/USD
Posted: Wed May 31, 2017 12:38 am
by FrancoisT
EUR/USD - We had nice movement today. Yesterdays range was due to bank holidays and reduced volatility. This may happens prior NFP on Friday

Re: EUR/USD
Posted: Thu Jun 01, 2017 8:42 pm
by mlawson71
Tomorrow are the US Non-Farm Payrolls, there likely won't be a big movement before the news come out.
Re: EUR/USD
Posted: Thu Jun 01, 2017 10:35 pm
by FrancoisT
Rebound from 1.1250 may lead to double top forming on 4H chart, but this also will depend on how the NFP data tomorrow will came out.
Re: EUR/USD
Posted: Fri Jun 02, 2017 2:04 pm
by mlawson71
I am definitely staying away from the market and not opening new positions before the news come out.