Good Morning to all, Price had a little sell off and is now trying to push. In an area of resistance. Will it make green ML target? Short green and red lines are from signal on Thursday. Price in the area of the first price target. FX4Newbies
Thus far, things have been on a "roll"...just rolling around . Coming up on noon EST when things can get slow. Price also at L-MLH of green fork. No solid confirmation. May have to buy some time. Take care and be careful, FX4Newbies
Good Morning to all, Price in a battle zone. Resistance at red U-MLH and above as well. Price also parked at green ML. Will see who wins this one...bulls or bears. Take care, FX4Newbies
Hello again, Here is a signal from this morning: Pair: Eur-Usd Trade: Buy Price: Around 1.3470 Stop Loss: Around 1.3455 or a cash stop per your system Take Profit: Around 1.3540 Comments: Confirm your entry. Details are posted on the blog. Take care, FX4Newbies _____________
Hello Traders, Lots of little bits and pieces of news this morning. Posted a chart late yesterday. Price once again nearing thicker green L-MLH: this time as support. Be watchful and be prepared to go with the market. If it decides to go higher and you're thinking it should fall...well, no need for me to tell you what will happen there. Just let the market do its thing. Take care, FX4Newbies P.S. Weekly Wrap-Up of charts on blog by Saturday night (late) EST.
Good Monday Morning Traders, A new month...the last quarter of the year. Let's see if we can make some pips . Eur-Usd started a decline earlier. Most recent fork (teal) which "technically" should be a downward fork (because of pivot sequence) is showing an upward bias. Also see bullish sentiment on H4. That may not kick in immediately...only time will tell. Will have to see if the decline will continue to maybe the 1.3615 area. News also at 10:00 am. Be careful, F4Newbies
Well Traders, Price did continue down and came within about 20 pips of my "thinking out loud" target yesterday. Bullish sentiment did kick in. There may still be some left. Be careful. FX4Newbies
Hello Traders, Lots of important news this morning. US Treasury Secretary Geithner due to speak at around 9am EST...in about 15 minutes. Market volatility expected to increased depending on his statements. Seeing some bullish sentiment lurking...but still not clear enough to click. Be careful those of you thinking of diving in. FX4Newbies
Well this pair has been inching up beyond what many traders might have anticipated. From this chart view, price still showing some bullish sentiment. Will have to watch carefully as it could become a Double Top in a flash. No other way to play this one but very cautiously. Lots of news and comments as well. FX4Newbies