Thread: Discuss all about FX open

Originally Posted by TaoJin88

still sell EU? my short trade touched the SL position yestoday, did not dare to short it again at such a low position

My E/U was hit S/L too, now I have a short position from 1.3708 in 40 pips profits, S/L 1.3708.

Stop open new trade today, watching...

U.S. will release December non-farm employment change data today. Maybe E/U will move between 1.3600 and 1.3800 before the data released.
resistance: 1.3720 1.3780
support: 1.3600 1.3550

GBP/USD
resistance
1.5725 the high of December 17th
1.5615 the high of December 18th
1.5570
1.5400
support
1.5110 the hour resistance of January 8th
1.4990 the high of December 22nd
1.4905 the 21 days average line
1.4805 the low of January 7th

primarylogic, I stopped trading from last night on EU, it is too crazy, and the data is not very good for USA, now, really do not know its direction

Just dropping by to say i LOVE Fxopen's community!

The prediction ECB will cut its rates is increasing day by day. This puts more pressure on E/U, so E/U will further fall down this week.

G/U H1 charting analysis

Sell Limit: 1.5160, S/L 1.5190
Sell Stop: 1.5040, S/L 1.5130

Originally Posted by TaoJin88

primarylogic, I stopped trading from last night on EU, it is too crazy, and the data is not very good for USA, now, really do not know its direction

E/U droped to 1.34 now, i didn't trade.

primarylogic, i am waiting too, do not know where it will go to, to 1.32 or 1.35?

G/U H4 charting analysis


Sell Stop: 1.3280, S/L 1.3330, T/P 1.3000