[Archive] FOREX - Trends, Forecasts and Consequences (Episode 9: November 2011) - page 64

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??? ))


 
normal66:
Well down... Here we are waiting for the euro/dollar to 1.28 :)
What timeframe are you trading?
 
The pound has a one-day break so far, on the eu it is also possible by the end of the current session. Further fall is very likely.... I think the eu will reach 1.3610, 1.3585 and further to 1.3500, 1.3485.
 

I think so far)))

 
Evgen157:

I think so far)))


Selling now is probably not the best option...
 
ReziDent:

Selling is probably not the best option now ...


Yes, maybe today, but in principle the Euro may fall further, because of the unstable situation in the Eurozone, + chinkou is about to break through the price - a signal for sell, so let's see. For me the trading ended today - 6 orders at 20 pips is enough for me )))). now i will sit on the fence till tomorrow and watch.

By the way, the pound is trying to break one-hour resistance, if it breaks it, I think it will go to 1.5890, and after that to 1.5876 and 1.5866.

 
herzogtier:


Yes, maybe today, but in principle they predict further decline for the Euro, because of the unstable situation in the Eurozone, + on the chinkou Ishimoku it will soon break through the price - a signal for a sell, so we will see. For me the trading ended today - 6 orders at 20 pips is enough for me )))). now i will sit on the fence till tomorrow and watch.

By the way, the pound is trying to break through the hour resistance, if it breaks through, I think it will go to 1.5890, and after it to the level of 1.5876 and 1.5866


I don't know), I have two alternatives right now and both are quite realistic... have to wait.
 
The eu is now at one-month resistance, if it breaks it will go south normally (of course, if there is no radical news).
 
ReziDent:

I don't know), now I have two alternatives and both are quite realistic... we have to wait.

100% agree, definitely have to wait today. I think the pound has almost reached its daily average volatility limit today - a corrective pullback is very possible, so I have finished trading for today. I will be looking for an entry point for tomorrow ))))
 

Agreed, if nothing changes in an hour I'll close myself or it closes on its own )))

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