honeric01:

Bro, no worry yourself jare, it's a cultural thing and i am used to the crawling at straw tactics i just read.

All in all, may the month end well for us well pipscally

Blog icon:

EU seems to have much more stronger bullish confirmations and a better chance to move up to give a good Risk:Reward (of about 1:2). It's quite painful though that I can't take any of GU or EU cos I already have 3 trades running - in profit actually 
You are right on that brother. A good level to take profits for EU is at 1.4320. After there, we could see some bearish out turn or perhaps the market can break above and away from the present bearish condition.

1.4320 it is guy. Cheers!

aguiyi:

the up move was rejected by the 61.8
i didnt let this sneak out of my head while i was looking far up.
thanks for this bro,you may want to name your brand and put the bill on me for the weekend
i still see an uptrend though

JAZES:

EURUSD rose +200 pips 3 of the last 2 Fridays on what fundamentals described the reason to be German/French support for a voluntary rollover of Greek debt rather than a full-scale debt exchange with extended maturities.

aguiyi:

what i see from my end  

odiaero:

What do u see?, i need to start with it for the week since it is slow moving, till USD pairs show more directions

aguiyi:

my oga,that pair and eu seem to be planing to make similar moves btw mon and wed

aguiyi:

what i see from my end  

honeric01:

Be careful with making a long trade on EU tomorrow if you're thinking of doing that, it moved 200 pips up which you know, that could have been a temporary reaction from the help Greece got from the 2 European nations, it might well head back down, seems you have just 10pips SL for your long trade or am i wrong?

aguiyi:

i quite appreciate the heads up. it will help me better decisions next week like it did this week, but i still feel the ecb is up to something ,something that may see this pair push up further b4 the down trend will continue.
my 1h chart is bullish bias . if the 4331 is exceeded,then it maybe confirmed

Blog icon:

Gbam!! I was going to say just that - thread careful with longs on EU. From what the 4hrs candle speaks to me, I think it would be more considerate to be looking to the downside by market open.

This is just a quick once-over. Would be posting my detailed view of the market (on EU) by 2moro evening before market open time for those who might be interested. I can see a good selling opportunity forming, but hey, it's just my own view - i can be wrong! See you guys 2moro. Have a great weekend.

naijababe:

Be real careful o. It's not only the 4H that's bearish, the last candle on the daily although bullish closed below all (my) EMAS. I think the signal from a longer TF is stronger, no?

honeric01:

I thought i was alone,


Nice, i hope you didn't lose much on the previous longs you took on EU before the downmove?

naijababe:

No, only 40 pips, but I got in the short and got in the AU quite early.

JAkpayen:

At the moment EU is pointing up. It's only a risk-taker that can take such trade. But if it's breaks the 1.44xx area, look to sell.

JAkpayen:

@ honeric & naijababe

This site is very helpful to me for monitoring NASDAQ & SP500

http://www.freestockcharts.com/

I think it correlate with EU.