[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 7: September 2011) - page 99
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I think we will do it next week. In the meantime, a new tweaked version of the forecast calculation: starting point 2011.09.18 hourly.
ok. then i would love to come back and scroll through the branch...
EURUSD
Prices are again trying to overcome the 1.3500 support level. If they succeed. Expect a further drop to Thursday's low (1.3400). However, on the 4h chart, the trend indicator OsMA is confidently pointing upwards. Therefore, it is quite possible that this movement will only be a correction and prices, having completed it, will resume growth. The RSI oscillator is about to turn bullish as well. On the hourly chart OsMA and stochastic are quite confidently directed downward, thereby confirming the assumption of the possibility of a breakthrough of the support level and continuation of price decline. RSI acquires an upward trend.
In light of the above, in my opinion, it is advisable to wait for clarification of the situation. Selling with a close stop loss should be considered only below 1.3450. Buying - above the resistance of 1.3530.
Support: 1.3500, 1.3460/50, 1.3400, 1.3370, 1.3340, 1.3300, 1.3260/50, 1.3200, 1.3160/50, 1.3100/1.3090.
Resistance: 1.3530, 1.3560, 1.3600, 1.3630, 1.3680, 1.3700, 1.3730/40, 1.3780, 1.3800, 1.3830/40, 1.3860, 1.3900, 1.3935, 1.3960, 1.4000, 1.4030, 1.4070, 1.4100, 1.4140/70.
(Akmos Trade)
fitting! no woolfs - there are trends from below and above - some bounce from some others break through (false breakdowns - distortions of mt or traps) :))))
And there is no sea, because I can't see it. There is mud and puddles :)))
And Dzerg's 'strong level' of 50%, where everything is stalled.
The pivot point has fallen to about 1.3350. The next resistance is more or less a solid 1.2870
Profits to all!
Hello everyone!
I agree with you, Igor. Buy Limit is 1.3383, TP is 1.3560, SL is 30 pips (1.3353). I have not put the grid.
I see this Wolf.
And I see this one Wolf
Is this some kind of fancy indicator? ;) Drinks are the theme. Except that I prefer cognac to beer.
Is this some kind of fancy indicator? ;) Drinks are the theme. Except I prefer cognac to beer.
And there's no sea, because I can't see it. There is mud and puddles :)))
And Dzerg's 'strong level' is 50%, at which point everything stagnates.