FX:EURUSD   Euro Fx/U.S. Dollar
6905 24 177
EURUSD             in a corrective structure , expecting it to break down for one more impulse.

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I placed a sell under today's open...Same view, short term short.
+1 Reply
KVE IvanLabrie
When I look at the charts, allthough I see several bullish signs, I sometimes feel like EUR is doing nothing more than frantically trying to keep it's head above water...
Last struggles of a dying currency, Europe is passed it's "sell by" date... :-)

Is it just me and the negative mood I'm in today...?? ;-)
good to see u anil for euro update....
+1 Reply
Same view. I missed my sell at 1.1320..
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I'll wait a while Anil, as I'm still in from several days ago buying.
+1 Reply
KVE Cazzie
@Cazzie: Same here man!

That yellow trendline below is a good level to watch for bearish continuation, especially when we break the 1.1080 level below! That would certainly turn me bearish with my next bearish target at 1.0810...
On the otherhand a break above 1.1330 might bring us to completion of a possible bat @ 1.1420...
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worth a try. I just placed my sell at 1.12929...
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I am in agreement with you on this trade
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what does BE means
nikokoev bharatest
Break Even
Look at the USD index, there is a huge drawdown... this is why eurusd is still holding this area
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Are you holding this idea Anil? What if it breaks the channel?
if it cones down and break yes i'll sell
+3 Reply
jdelcura anilmangal
No, I meant the big channel up
Fail :(
+1 Reply
Hi Anil. What is your stance on EURUSD movement? Could you provide an update - written or graphical. I would be glad to hear your thoughts.

My stance is that EURUSD is that the long term move is down, but during the next 3 weeks it might go up even more.

Thank you for you contribution. Always happy to learn from a great trader.
+1 Reply
It spiked above the the channel so i am waiting to see what the next move is before i decide on a direction. I guess today we will see.
+6 Reply
Today no important Eco data in Europe and USA, session can be quite boring
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Okay Anil, it's time to sell this pair. I feel it will be a strong drop. My TG Is:- 1.0900
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seem to have missed this...just clicked link 'Link temporarily suspended. This link generated excessive traffic. Try again tomorrow.'
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Guess everyone clicking now ,give it an hour or two
+2 Reply
Hi, Anil, I've enjoy your comments, so wise & sharp. I think EU will try to go up to 1,11 & only after this it'll turn down. Such corr. Thank you
+1 Reply
hoho great setup
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