EUR/USD : Current Comments *LINK*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Trouble Ticket Forum Policy

Return to Index

TFC Commodity Trading Forum

Melbourne Qindex 19:47 GMT May 15, 2012 - My Profile
EUR/USD (1.2922) : Critical Point 1.2797 : Reply
Sell EURUSD
Entry: Target: Stop:

EUR/USD : The bias is on the downside when the market closes below the critical point at 1.2797 in the New York session. Sell on rallies is the preferred trading strategy. The monthly cycle charts indicate that EUR/USD is heading towards 1.2665. The odds are good that the downside trending momentum will be strong enough to penetrate through 1.2600 mark. It is likely that the market will tackle the weekly cycle lower limits at 1.2441 / 12452(see details at lower part of my webpage).

Qindex.com

http://www.youtube.com/watch?v=dZEGYpXE5B4

EUR/USD : Monthly Cycle Charts
http://www.qindex.com/euro.html

EUR/USD : Monthly Cycle Charts

Trouble Ticket Forum Policy

Return to Index