EUR/USD Trades

Analysis of Majors

Postby SharkCoconut » Tue Apr 10, 2012 9:00 am

1.3150 seems to be the resistence level which needs to be broken in the EUR/USD. Until that level is broken and closed above on the daily, I'm still bearish with an expected retest of 1.30.

What do you think?
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Postby SharkCoconut » Tue Apr 17, 2012 4:41 pm

This is a perfect time for a long in my opinion on the eur.chf. I think the risk reward is stunning.

What do you think?

Image
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Postby SharkCoconut » Tue May 01, 2012 4:36 am

I think the 1.60 level is going to be the magnet, and price is going to be the iron filings. What do you think!? :p
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Postby SharkCoconut » Thu Jun 14, 2012 4:44 am

The EURUSD has enterted into an asymmetrical triangle. This should, technically give a direction for future price depending on what side of the triangle price breaks out from.

Image
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Postby SharkCoconut » Wed Jun 20, 2012 5:46 am

My take profit at 1.27 was hit. I am going to go short at 1.27, with a take profit at the bottom of the triangle, the support should be around 1.26 or so, depending on when price gets down there.

See my chart, this is what I'm looking at.

Image
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Re: EUR/USD Trades

Postby forexpic » Thu Aug 23, 2012 2:27 pm

i think we will see downtrend tommorrow :)
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Postby SharkCoconut » Thu Oct 25, 2012 10:40 am

Do you think the Cable will consolidate again towards 1.60: That's where I think it's heading now.
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Postby SharkCoconut » Thu Nov 08, 2012 12:57 pm

I'm looking for another testing of 1.60 in the cable. Any opinions on this?
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Postby SharkCoconut » Thu Nov 29, 2012 9:31 am

I hear there are a bunch of sell orders at 1.30, however, I have heard that there are a lot more buy orders than the sell orders, therefore we should work ourselves up through 1.30 (Source:
Code: Select all
http://www.fxfatcat.com
). Target 1.31, that's mine anyway.
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