William1713006271 Posted April 25, 2010 Report Share Posted April 25, 2010 Currently it's around 5 hours before the market open at Monday. I think EU will gap up at least touching around 1.3425. It's just a price action analysis though... - coz the price is closing nearly very bullish, near the top of yesterday high. - the candle at D1 is a little bit triple bottom. - the price is around 1.3380 a number which I think will break 1.34xx. sorry, can't really give any detailed technical analysis. Well, I entered long 2 lots. It's one of the privilege having an account at Oanda, that we could trade even when the market is closed :D I could be wrong though, let's just see what happens on Monday. Regards, The foolish and greedy me. Quote Link to comment Share on other sites More sharing options...
Guest grump Posted April 25, 2010 Report Share Posted April 25, 2010 Good luck wit that it's very risky to trade in the gap. However the market is never closed just the brokers The market now is trading around 1.3400 so it's going your way lets hope it keeps up when the brokers open.. the grump Currently it's around 5 hours before the market open at Monday. I think EU will gap up at least touching around 1.3425. It's just a price action analysis though... - coz the price is closing nearly very bullish, near the top of yesterday high. - the candle at D1 is a little bit triple bottom. - the price is around 1.3380 a number which I think will break 1.34xx. sorry, can't really give any detailed technical analysis. Well, I entered long 2 lots. It's one of the privilege having an account at Oanda, that we could trade even when the market is closed :D I could be wrong though, let's just see what happens on Monday. Regards, The foolish and greedy me. Quote Link to comment Share on other sites More sharing options...
William1713006271 Posted April 25, 2010 Author Report Share Posted April 25, 2010 Ah, got burned. Damn. :( Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 25, 2010 Report Share Posted April 25, 2010 why did u got burned man? i honestly think it is going to go higher in the next 2-3 days Loopyno Quote Link to comment Share on other sites More sharing options...
4xinvestor Posted April 25, 2010 Report Share Posted April 25, 2010 (edited) Overall, It's in a strong downtrend..it's near the 4hr resistance trendline and had just finished almost 200 pips retrace against the trend, there are much safer trades to take Also, if you are trading off of Daily charts...you shouldn't be out of the trade yet anyways cuz you should have a larger SL. It still could quite possibly go up, but may have down move first...DON"T Like how the last day candle create a new low by 60 PIPS! not a good sign of heading up Edited April 25, 2010 by 4xinvestor Quote Link to comment Share on other sites More sharing options...
loopyno Posted April 25, 2010 Report Share Posted April 25, 2010 (edited) well it just bounced of a daily support level ... that is why i think it would go higher we shall see :) take care Loopyno Edited April 25, 2010 by loopyno Quote Link to comment Share on other sites More sharing options...
Fajarini Posted April 26, 2010 Report Share Posted April 26, 2010 Try to make prediction by applying Wave Principle from Elliot Wave. Please apologize if it will have gone wrong. http://i720.photobucket.com/albums/ww202/Fajarini/Indo-Investasi/20100426-EURUSD-H4.jpg http://i720.photobucket.com/albums/ww202/Fajarini/Indo-Investasi/20100426-EURUSD-D.jpg Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.