yogeshwartyagi Posted April 15, 2011 Share Posted April 15, 2011 EURUSD despite trying several times is unable to hold above 1.45 and again comes down though it has got good support near 1.44, until it hold above 1.45 decisively bulls look tired. Still giving nice opportunity to go long near 1.44 and close trade or go short near 1.45. Quote Link to comment Share on other sites More sharing options...
boniez Posted April 21, 2011 Share Posted April 21, 2011 EURUSD despite trying several times is unable to hold above 1.45 and again comes down though it has got good support near 1.44, until it hold above 1.45 decisively bulls look tired. Still giving nice opportunity to go long near 1.44 and close trade or go short near 1.45. lol,,, you seem to have missed it now, even the EUR / USD has reached a point 1.4500, it seems they do reach the highest point at 1.5000, we can see from the pivot and resistance line displacement. Quote Link to comment Share on other sites More sharing options...
Nikhil Posted April 22, 2011 Share Posted April 22, 2011 I also think it will go higher 1.50 which current situation telling but before there will be may be some break . anyway its better to (i prefer ) still buying when it goes some low . Quote Link to comment Share on other sites More sharing options...
boniez Posted April 22, 2011 Share Posted April 22, 2011 I also think it will go higher 1.50 which current situation telling but before there will be may be some break . anyway its better to (i prefer ) still buying when it goes some low . but now already reach thhe peak and started to breakout. if you still on buy position, surely your account was floating minus, or already have a margin call lo...l XD Quote Link to comment Share on other sites More sharing options...
gbengustic Posted April 23, 2011 Share Posted April 23, 2011 I have been trading a childish forex for about 3 year now but ever since i have been trading with EUR/USD it has.nt entered 1.500. Quote Link to comment Share on other sites More sharing options...
boniez Posted April 24, 2011 Share Posted April 24, 2011 I have been trading a childish forex for about 3 year now but ever since i have been trading with EUR/USD it has.nt entered 1.500. means this is the highest peak point for the EUR / USD over the previous 3 years or even several years earlier. I guess because of the economy are associated with spain that made the EUR rose to its highest point Quote Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted May 7, 2011 Author Share Posted May 7, 2011 A really bad time for those who hold overnight long position in euro-usd the recent fall is very fast and many have got margin call due to this - when i was near to get margin call i just switched to short position hoping the downtrend continues a little bit more. Quote Link to comment Share on other sites More sharing options...
boniez Posted May 10, 2011 Share Posted May 10, 2011 currently EUR/USD was sideways move, and it may be awaiting news for having a large movement, and this seemed a good time to do scalping strategy, Quote Link to comment Share on other sites More sharing options...
yogeshwartyagi Posted June 5, 2011 Author Share Posted June 5, 2011 Well it is again above 1.46. Unexpected breaking resistances eur-usd rates moved up recently on friday it managed to closed at 1.4635. The reason for this big hike in rates i feel people were expecting negative bias and so most were short in eur-usd but when they find that it gone up breaking ressitances they started to cover up their positions and that made it to rise higher. Quote Link to comment Share on other sites More sharing options...
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