DislikedNo better way of trading i'd say. I got a similar buy signal at 1.3355 last night.Ignored
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedNo better way of trading i'd say. I got a similar buy signal at 1.3355 last night.Ignored
For those of you trading along with me, I remain short today. This is a high risk, countertrend trade. The market moved against my position and I am currently down 53 points. The market did close 29 points above River today, however it is not significant enough to sway my downward bias just yet.
Today's River Level comes in at 3400 and this will be our guide downward. If you are short stay short. Targets are 3346 and 3279 where shorts should cover or take partial profits.
I continue to look for a strong move down to the 3132 area, but it will be important for us to move below the Transition at 3279. Our goal is move down with the flow of the River Level as we develop a new directional move.
What tells me my view is incorrect? Any significant daily close above River which is 3400 would cancel my downward bias. I will look to set up longs above River.
Traders should review the new Price Distribution Analysis for April. You will see that we are resolving a key level which will give us a better understanding of our short term plan.
DislikedEastern European names buying EUR/USD (1,3465) and selling USD/JPY this morning (119,35) .Ignored
DislikedTrichet's news conference in 30 mins should be very enlightening....usually is good for some volatility.Ignored
DislikedSure go to the main page: http://www.ecb.eu/home/html/index.en.html then click on the "Live webcast press conference", it should be right in the middle of the page.Ignored
DislikedSame Eastern European name seen on the offer around 1.9780 on the cable.Ignored
DislikedThe last 4 hour candle is a hammer? Can you be more specific? If you are talking about the eurusd, I don't see any hammers at all even close for at least 2 days?!?!?! I wouldn't argue this pair is going higher, there is nothing good insight for the us dollar but a hammer, not at all.
RyanIgnored