Take a look at the eurusd chart I posted. Since then short-term indicator turned down, targeting 1.1700-04 initially.
GVI Forex Jay Meisler 09:19:41 GMT - 09/27/2018
Amazing Trader Update:
EURUSD trying to recover. 5 minute chart posted here, for AT subscribers see the directional up indicator on your 15 min chart but faces res at 1.1720-24/26. Below 1.1704 negates the up attempt.
Current range is clear 1.1685-1.1720
Below 1.1685 exposes 1.1650-77
Above 1.1724-26 suggests a bottom is in for now and sets the range back to 1.1753.
Good participation in this thread and good trading calls as well. We will try to post a topical thread each day with a theme.
AT supports at 1.1650-1.1677 vs LOD at 1.1685
singapore td 05:36:21 GMT - 09/27/2018
that was nice and quick gain, cheers
at least we now know which direction does the wind blow
singapore td 04:20:35 GMT - 09/27/2018
trying some luck, short euro 11751, stop 11785, target 11720 and lower
manila tom 03:48:48 GMT - 09/27/2018
nice timing kl fs, thanks for the tip, nice quick pips in Asia session
manila tom 03:42:32 GMT - 09/27/2018
even if it breaks 1.18 initially, i dont think it will stay there for too long, price action last few days have shown us 1.18 was too much, we have not had any hourly close above 1.18, looks decent fade if seen
manila tom 03:39:18 GMT - 09/27/2018
looks like euro is facing a lot of headwind and certainly looks heavy at the moment, holding long is also costing even more money, sell intraday rallies seems reasonable play
Kl Fs 02:37:35 GMT - 09/27/2018
Gonna try another portion if pops above 113 with different stop
Kl Fs 02:36:51 GMT - 09/27/2018
Try usdjpy short 112.80, stop 113.29, target open
Kl Fs 01:45:57 GMT - 09/27/2018
Usdjpy struggling above 113 it seems, selling opportunity?
Kl Fs 01:43:50 GMT - 09/27/2018
Sold euro 11745, stop 11783, target open intraday play only nothing fancy
Bali Sja 01:39:51 GMT - 09/27/2018
All about If, if this if that, watch price action instead, clear rejection from higher. Like nh said, watch what they do not what they say. Rate differential is all that matter at this stage. Sell all euro rallies.
Dillon AL 01:28:07 GMT - 09/27/2018
please define the word break
Jkt Abel 01:14:47 GMT - 09/27/2018
Sja, lets talk again if it climbs to 11765, it is not as simple as you may want it to be.
Bali Sja 01:12:10 GMT - 09/27/2018
If cannot go up, must go down. Simple. Hourly resistance 11755. A push to 11770ish maybe but thats probably about it.
Bali Sja 01:09:53 GMT - 09/27/2018
Follow loonie, you will be fine.
Mtl JP 00:26:25 GMT - 09/27/2018
EURDLR 1.1755-ish
puppy keeps having trouble keeping North of the feb-aug 38.2 FIB
which it needs to do first IF it is punch thru 1.18 and head for the 200day
Technically, a collection of indicators favors the uP side trading bias.
But it does not guarantee it.
Bali Sja 00:13:27 GMT - 09/27/2018
Of course 1.17 will break first. Rate differential is key. Multiple rejection from 1.18. If it is to break 1.18 it should have done it yesterday.
GVI Forex Jay Meisler 00:09:35 GMT - 09/27/2018
Our Fed Scenario thread worked well so let's try another one for Thursday
Post which side of 1.17-1.18 will break first.
You can include any other comments or analysis with it.
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