Vs
VS - Dropout From Crucial SupportLaburlah's Daily Complimentary (12-MAR, Monday):
VS
Technical Analysis Breakdown
1. Trend: Bearish
2. RSI & Stochastic: Bearish
3. Bollinger band: Widening, bearish-mode
4. Support 1: 2.51
5. Support 2: 2.30
Our free community: t.me
Fund your support to keep us running: www.laburlah.com
Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant personnel and do your own analysis before making your move.
EuroYen Support Line Llooks VulnerableThis support line will not hold for long, I suspect.
Looks to be a trading opportunity in the making.
I've been on this site about 15 minutes.
Hat tip to Theras Carey at Barrons
Between Ameritrade closing down StrategyDesk and Yahoo! screwing up its Finance message Boards, I am a bit adrift.
Thankfully there is a bloomberg at the office.........
Markets playing tricks with my pivot points!!So after the market reached those fresh highs past 1.1400 handle the polls were still in favor of Bremain.
Thankfully I decided to abstain from referendum craziness so I didn't take the buy order as I would've in any other day of the week. Now we have breached lower levels we can have a bit more confirmation on the direction of the markets. I'm looking for congestion around 1.1100 and breakout to the initial move. I placed a pending order but that doesn't mean that you should too. Past results do not guarantee future performance. Thank you for any comments.
Exotic Trade Idea / Long-ShortWell I put the description on the chart, trade it at your own risk, and use this as a way to more or less formulate your trade idea that would fit your own guidelines for a trade. =D Since this is an exotic pair it isn't necessarily for new traders, since many factors make "exotic currency" trades different, when it comes to averaging position sizing to adjust to very large pip movements, or risk reward, conversion rate, etc. So for me personally I have to stay especially disciplined when trading this and wait for price confirmation of a long, or short entry.