[Archive] FOREX - Trends, Forecasts and Consequences (Episode 15: May 2012) - page 148
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Eurobucks is long in the medium term.
I agree that there will be an increase. At least to the level of 1,2870-1,2900. But as they say, this is Forex, you cannot be 100% sure.
Hello to all and have a nice day!
True, in forex you can only guess 50/50, but with information you can calculate the prospect of price movement with a higher probability - 94-98%.
My recommendations for today:
Buy at 1.27 71(60,46), target 1.28 32(20). Stop at will at 1.27. The time period of this movement is approximately from 16 to 21 Kiev time.
For aggressive traders, you may sell from 1.2795 to 1.2760.
It's silly to go to the sell until the buy move on the daily is stable...
I am rather inclined to believe that this is just a correction. The bearish trend is not over yet.
A sharp move downwards is possible in the very near future.
And only if that doesn't happen today or tomorrow, we can cautiously assume that indeed an uptrend has begun.
EUR/USD on the day: After rising above 1.2813, the market will focus on the intra-wave lower high of 1.2869. However, the rally against the trend will be limited by resistance at 1.2910 and 1.2919 and this is the maximum space for a corrective rise. A fall below Monday's low of 1.2725 and support at 1.2702 would again focus the market's attention on Friday's 4-month low of 1.2642.
ouch good going))))
thanks to the Brits))))
On the Euro/Dollar pair, the important levels are: 1.2914, 1.2886, 1.2834, 1.2799, 1.2735, 1.2719, 1.2691 и 1.2636. Here, we see the rising structure from May 18 as potential initial conditions for an upward cycle. Short-term upward movement, we expect in the corridor 1.2799 - 1.2834, breakdown of the last value will lead to the impulse development, in this case the target is 1.2886. Potential value for the upside, while considering the level 1.2914, upon the achievement of which we expect consolidation movement in the corridor of 1.2886 - 1.2914. Corrective downward movement, possible after the breakdown of 1.2735 - 1.2719, in this case the target is 1.2691, breakdown of the latter will lead to the cancellation of the upward structure of May 18, here the potential target is 1.2636.
Trading recommendations:
Buy: 1.2800 Take profit: 1.2832
Buy: 1.2835 Take profit: 1.2885
Sell: 1.2718 Take profit: 1.2693
Sell: 1.2690 Take profit: 1.2636
On the Euro/Dollar pair, the important levels are: 1.2914, 1.2886, 1.2834, 1.2799, 1.2735, 1.2719, 1.2691 и 1.2636. Here, we see the rising structure from May 18 as potential initial conditions for an upward cycle. Short-term upward movement, we expect in the corridor 1.2799 - 1.2834, breakdown of the last value will lead to the impulse development, in this case the target is 1.2886. Potential value for the upside, while considering the level 1.2914, upon the achievement of which we expect consolidation movement in the corridor of 1.2886 - 1.2914. Corrective downward movement, possible after the breakdown of 1.2735 - 1.2719, in this case the target is 1.2691, breakdown of the latter will lead to the cancellation of the upward structure of May 18, here the potential target is 1.2636.
Trading recommendations:
Buy: 1.2800 Take profit: 1.2832
Buy: 1.2835 Take profit: 1.2885
Sell: 1.2718 Take profit: 1.2693
Sell: 1.2690 Take profit: 1.2636
Why are these levels so important? I see pending buy positions at 1.2745 with a good volume, at 1.2725-26 even more, these are the levels, and Murray, Camarilla and other stuff does not matter. Buy 1.28, profit 1.2832, and where is the stop, behind the low?) If I swap sell and buy, then it's the best))))
Why are these levels so important? I see pending buy positions at 1.2745 with a good volume, at 1.2725-26 even more, these are the levels, and Murray, Camarilla and other stuff does not matter. Buy 1.28, profit 1.2832, and where is the stop, behind the low?) If I swap sell and buy, then it's the best))))
and where do you look at these pending orders?
In the glass, grennen))))
In a glass, grennen))))