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Razvan
Nov 14, 2013 9:15 AM

EURUSD - Retesting the Trendline Short

Euro Fx/U.S. DollarFXCM

Description

It would be very interesting to see the dollar strengthen again, after the trend line retesting.
Comments
QuantitativeExhaustion
Euro and US market has had a great confluent intersect for many years. It would be hard to bet against that relationship. US market has very little to worry about, only a round psychological barrier, 16000.
stockdato
True picture
pradafx
Agree with the short.
rigask6
Dear Razvan, I trade the daily charts (rarely the 4h), but the bigger picture can help you stay at the right side...and thank you... Yes, I am focusing on my trading timeframe. I took my lesson sometime ago, not to look at many timeframes simultaneously for the same trade ( actually looking for verification !). For that lesson, I paid my tuition fee directly from my bank account...Good trades !
Razvan
Best regards rigask6 :)
rigask6
And by the way, the weekly chart (always look at the big picture) has given a SELL sign
Razvan
I am! So did on the Monthly Chart, a pretty nice Shooting Star. Still you should keep a better focus on your trading time frame.
rigask6
I agree with you. I expect in the near future to hit the lower pivot line 1.32500
Razvan
It could :)
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