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EUR/USD update

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Previously

On the monthly chart we can see a sideways movement with resistence at 1,50-1,52 and support at 1,20-1,17.
Since the minimum price of July 2012, we are ranging with top at 1,37 resistence zone. If we clearly breakout this level, the path will be free to return to the top at 1,50-1,52 area.

Price made a potential double top on the weekly 1.37 resistence ie the breakout failed two times in a row. This double top can guide us much more below current
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EUR/USD update

___________________________________
Previously

On the monthly chart we can see a sideways movement with resistence at 1,50-1,52 and support at 1,20-1,17.
Since the minimum price of July 2012, we are ranging with top at 1,37 resistence zone. If we clearly breakout this level, the path will be free to return to the top at 1,50-1,52 area.

Price made a potential double top on the weekly 1.37 resistence ie the breakout failed two times in a row. This double top can guide us much more below current
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EUR - to break or not to break thats the question

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on 6 Jan:
EUR / USD
This pair made ​​a potential double top on the weekly 1.37 resistence ie the breakout failed two times in a row . This double top can guide us much more below current price if medium-term turn descending, but its too early to better conclusions about his validity also about the target, I must go one step at a time.
For now, it seems that the medium-term uptrend ended after the daily double top, if so price will breakdow
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floge avatar
floge 2014年01月07日

YES! my call was just in the high :-D the important thing is the TL, lets see if it breaksdown

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floge 2014年01月08日

HEY, is it trying to break the TL?! (I know, no one is listening. this is for my registration and i love talk to myself :-D )

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EUR/USD setup

Long-Term
On the monthly chart we can see a sideways movement with resistence at 1,50-1,52 and support at 1,20-1,17.
Since the minimum price of July 2012, we are ranging with top at 1,37 resistence zone. If we clearly breakout this level, the path will be free to return to the top at 1,50-1,52 area.

The price so far failed to clearly breakout the 1,37 long-term resistance zone and at the moment we can see a potential double top on weekly chart.


Medium-Term
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alincik avatar
alincik 2014年01月03日

Good luck!

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floge 2014年01月03日

thanks alincik!

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floge 2014年01月03日

i'm in: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=225211455&tab=feed#blog-item-225211455

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Is it a Bird? Is it a Plane?

no... it's a three eyes flying critter :-D
The pair EUD/USD has potential double tops on 3 timeframes.
On the long-term timeframe we can see a sideways movement between prices 1,52 - 1,17. Since the minimum price of July 2012, we are ranging with top at 1,37. If we clearly Break up this level, the path will be free to return to the top at 1,52 area.
The price so far failed to clearly break up the long-term resistance. We are currently in a short-term trading range, and at the moment we can see …
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Daytrader21 avatar
Daytrader21 2013年12月30日

If it looks like a duck walks like a duck quacks like a duck than it's a DUCK:))

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floge 2013年12月30日

then we eat it :-D

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kaled 2013年12月31日

good , better with more explanation

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floge 2013年12月31日

please let me know which points I should explain better, I'd love try to do it :-)

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Today's Trade

EUR/USD
Long Term - Looking at the monthly chart we can see a sideways movement between prices 1,52 - 1,17. Since the minimum price of July 2012, we are ranging with top at 1,37. If we Break up this level, the path will be free to return to the top at 1,52 area. Medium Term - We have an ascending uptrend since we broke up the 1,34 level. If this trend continues we may breakout the 1,37 level. Short term - Also in uptrend, in an ascending channel. So, I'm trying to buy it at 1,3570 and then i'll …
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floge avatar
floge 2013年12月06日

link to follow this trade: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=222132039&tab=feed#blog-item-222132039

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floge 2013年12月06日

closed overnight +84 pips: http://www.dukascopy.com/tradercontest/?action=blog&trader=floge&orderid=222132039&tab=feed#blog-item-222132039

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EUR/USD update

my 17-Sep post :
1.37 is waiting for us

UPDATE: We arrived at 1.37, maybe now we can go back at least to consolidate or not. Still strong, await signs.
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Maria_r avatar
Maria_r 2013年10月20日

+1

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geula4x 2013年10月20日

+1 Liked: IMHO EUR/USD will break and hold above 1.3711. Then, continue towards 1.4000. Happy trading this week :-)

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floge 2013年10月21日

gl this week :)

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geula4x 2013年10月23日

IMHO we'll now a see EUR/USD pull back to test 1.3700 previous resistance, now support area. Then a continuation towards 1.4000. Happy trading today :-)

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floge 2013年10月23日

atm i have no idea :-| i must wait

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EUR/USD

1.37 is waiting for us
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ilonalt avatar
ilonalt 2013年10月17日

i guess it will get down since now little by little. We will see....

floge avatar
floge 2013年10月17日

for now is still going strong, let's see what happens at this level

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