July 23, 2010 06:10

Forex Signals – EUR/USD Key Pivot in Sight

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Recap: No EUR/USD trades taken off yesterday’s signal. Bullish day yesterday as the pair rallied hard from Wednesday’s big drop.

Daily Outlook: A lot of indecision in the markets right now as the price has ended up just where it started to begin the week, forming a nice looking doji on the weekly chart. This indecision could signal a possible reversal in the pair though I think many traders are waiting for the 1.31 resistance zone to start shorting so this very well could just be a false signal…

** This signal has been moved here.  Please visit the new signal for trading idea and chatting **

315 Comments on "Forex Signals – EUR/USD Key Pivot in Sight"
  1. Avatar of kiwitrader
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    July 23, 2010 at 14:32
    kiwitrader says:

    Hi all, what are the thoughts on the results of stress test on euro banks now? Will the markets largely ignore them now ? as it seems they are not tough enough… or will if enough fail this test the market believe alot more should have failed and have more of a negative effect on eur/usd??

  2. Avatar of kiwitrader
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    July 23, 2010 at 14:34
    kiwitrader says:

    mmm post gone to top of page ?

  3. Avatar of tinytommy
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    July 23, 2010 at 14:34
    tinytommy says:

    test..

  4. Avatar of hungarian
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    Comment left on:
    July 23, 2010 at 14:35
    hungarian says:

    A great collection of chart patterns with explanations.
    http://thepatternsite.com/visualcpindex.html

    • Avatar of napus
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      Comment left on:
      July 23, 2010 at 14:44
      napus says:

      successful investment activities allowed him to retire at age 36. He is an internationally known author and trader with almost 30 years of stock market experience

      Hi’s started trade at age 6 ??

  5. Avatar of napus
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    Comment left on:
    July 23, 2010 at 14:40
    napus says:

    Today is a good day to traders who likes blow his depo :)))

    • Avatar of zubair123
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      Comment left on:
      July 23, 2010 at 14:44
      zubair123 says:

      @Napus you didn’t trade today ?

      • Avatar of napus
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        Comment left on:
        July 23, 2010 at 15:07
        napus says:

        No, i took 700 pips on cable this morning and now i’m watching

  6. Avatar of mike
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    Comment left on:
    July 23, 2010 at 14:40
    mike says:

    My post got lost some how, was saying that I made some and lost some today, and do you think fireworks are to come with the stress test?

  7. Avatar of maherka
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    Comment left on:
    July 23, 2010 at 14:42
    maherka says:

    piphut has gone haywire in the more critical of times haha.

  8. Avatar of mike
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    Comment left on:
    July 23, 2010 at 14:43
    mike says:

    Something weirds happening with post lol,

  9. Avatar of johnny
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    Comment left on:
    July 23, 2010 at 14:43
    johnny says:

    LATEST:

    2010/07/23 14:40:00 Spanish newspaper says all Spanish commercial banks passed stress tests; savings banks (cajas) that are in trouble have sought help from the FROB government bank recapitalization fund

  10. Avatar of pipsqueek
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    Comment left on:
    July 23, 2010 at 14:51
    pipsqueek says:

    @johnny
    As always, good to see you here.
    Are you long? Or are you waiting?

  11. Avatar of maherka
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    Comment left on:
    July 23, 2010 at 14:52
    maherka says:

    reuters- FOREX-Euro slips on report Spain savings banks fail test

    this maybe the cause of the latest drop in price action

  12. Avatar of cadtek
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    Comment left on:
    July 23, 2010 at 14:59
    cadtek says:

    Hey everyone!!

    This is a nice little trading simulator EA that you can use during slow times or on weekends. You can simulate your trades as if it was live, pick your start date, and speed it up if you want…

    http://piphut.com/forum/viewtopic.php?f=3&t=232&p=1303#p1303

  13. Avatar of cadtek
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    Comment left on:
    July 23, 2010 at 15:04
    cadtek says:

    mmmm it put my 2:29 pm post way at the top of the page

  14. Avatar of pipsqueek
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    Comment left on:
    July 23, 2010 at 15:05
    pipsqueek says:

    @piphut
    Every time I post something it is going to middle of or top of this page.

  15. Avatar of maherka
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    Comment left on:
    July 23, 2010 at 15:05
    maherka says:

    @mark posts are being posted in the middle, now on top

  16. Avatar of cadtek
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    Comment left on:
    July 23, 2010 at 15:06
    cadtek says:

    @piphut Mark do you see my later post at the top of the page? its like its out of cronilogical order

  17. Avatar of ttom
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    Comment left on:
    July 23, 2010 at 15:08
    ttom says:

    EG may drop under 8300 next week if not sooner

  18. Avatar of pria
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    Comment left on:
    July 23, 2010 at 15:08
    pria says:

    Any opinion on EUR/USD? I will be long on this pair now (Just my view).

  19. Avatar of 4real
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    Comment left on:
    July 23, 2010 at 15:15
    4real says:

    thank you @johnny – I never take things too personal – helps me with coping emotions while trading. I’m at the office and a little absent, but wanted to follow the bst-hype ;-)

    • Avatar of 4real
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      Comment left on:
      July 23, 2010 at 15:17
      4real says:

      whooooo @piphut I can post from the office as well now. normally the messages are not shown, when sent from the office computer. seems to work for the first time.. thank you for all the work you do for us here :-)

  20. Avatar of piphut
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    Comment left on:
    July 23, 2010 at 15:26
    piphut says:

    can someone point out to me where the problem is? I went back and looked at all the post times and they appear to be in the correct order. When I post it goes to the last page.

    • Avatar of piphut
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      Comment left on:
      July 23, 2010 at 15:29
      piphut says:

      test

  21. Avatar of piphut
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    Comment left on:
    July 23, 2010 at 15:28
    piphut says:

    Oh. I see the problem now. Let me take a look :)

  22. Avatar of maher17
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    Comment left on:
    July 23, 2010 at 15:31
    maher17 says:

    anybody have an idea if the Bank Stress Test Results come bad how that effect the oil??

  23. Avatar of piphut
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    Comment left on:
    July 23, 2010 at 15:38
    piphut says:

    I’m not sure what the problem is but PLEASE HEAD OVER TO THE NEWLY CREATED POST AT:

    http://piphut.com/2010/07/new-signal-post-for-chatting/

    This should fix the problem.

  24. Avatar of fenrir
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    Comment left on:
    July 23, 2010 at 15:44
    fenrir says:

    This old post’s chat section just wants a hug.. :(

  25. Reply
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    Comment left on:
    July 23, 2010 at 15:55
    nigel says:

    I am stressed.

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