EUR/USD

FrancoisT

Re: EUR/USD

31 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.

mlawson71

Re: EUR/USD

32 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.

FrancoisT

Re: EUR/USD

33 by FrancoisT

EUR/USD - Zone between 1.1170/77 looks good for some scalps with tight stop and targets around 1.1180/95

mlawson71

Re: EUR/USD

34 by mlawson71

It looks like the move to the upside for now is over. The pair is very bearish.

FrancoisT

Re: EUR/USD

35 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.

mlawson71

Re: EUR/USD

36 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.

FrancoisT

Re: EUR/USD

37 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

mlawson71

Re: EUR/USD

38 by mlawson71

Tomorrow are the US Non-Farm Payrolls, there likely won't be a big movement before the news come out.

FrancoisT

Re: EUR/USD

39 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.

mlawson71

Re: EUR/USD

40 by mlawson71

I am definitely staying away from the market and not opening new positions before the news come out.

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