Comments on: Forex Signals – EUR/USD Range Trade

By: Ed

Ed — Fri, 13 Nov 2009 15:41:10 +0000

OK. I may let this lot sit since its already locked into profit. Will do the next tech entrys as the market dictates. Thanks Tom!

By: tom

tom — Fri, 13 Nov 2009 15:09:58 +0000

it wont be a straight line remember, it will be better to play the ups and downs and maximize the pips from fib and pivot points

By: Ed

Ed — Fri, 13 Nov 2009 15:07:26 +0000

11/13

Just locked profit on my firt lot. Letting the second ride down to 145. Of course, I will move down the SL accordingly. Thanks Tom!

By: mike

mike — Fri, 13 Nov 2009 06:32:24 +0000

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By: tom

tom — Fri, 13 Nov 2009 00:28:10 +0000

give it 10 days to 2 weeks to get there

By: Ed

Ed — Fri, 13 Nov 2009 00:14:02 +0000

Thanks Tom. Got my eye on it. ;0)

By: Ed

Ed — Fri, 13 Nov 2009 00:04:09 +0000

I have fib drawn + some pivotal lines watching the retracement. Looking for a good tech reason to enter another short. :)

By: tom

tom — Thu, 12 Nov 2009 23:47:14 +0000

target is 145 area

By: Markus

Markus — Thu, 12 Nov 2009 22:49:14 +0000

I looked at the daily chart of EURUSD at the dips first one 17 08 2009, 04 09 2009, 03 11 2009 These price dips make a trendline (not sure how valid it is)

Looks like the price could reach it tomorrow at about 1.4710. Theres lots of resistance though, as it looks to me.

RSI on the 1 hour chart looks oversold.

Im gonna try to get a small new buy position if it drop down a bit again.

By: Ed

Ed — Thu, 12 Nov 2009 22:04:38 +0000

No idea what’s gonna happen tomorrow. But EUR has a lot of news. Most important seems to be German Prelim GDP q/q. I am surprised the USD still doing well after the Federal Budget Balance showed -176.4B.