Log in or register to download unlimited Forex robots!
EURUSD tumbles on Draghi and breaks of technical levels
The EURUSD has tumbled on the back of Draghi today. It is not new news. It just came at a vulnerable time for the EURUSD as it struggled with correct higher above the ubiquitous “blue box” I have been talking about this week (see chart) and the 1.2499 area below (which was the equally ubiquitous red box also talked at length in posts this week. The up and down battle was won by the sells on the break and the pair tumbled through the 200 hour MA (green line in the chart below) at the 1.2490 level, recent lows and the lower trend line connecting the recent lows for the pair at the 1.2438. This is now close resistance for the pair. The next stop is the red box lows which come at the 1.2394 level. The low for the year (or bottom of the blue box (it is becoming a cliche) comes in at the 1.23572 level.
See more charts here:
http://www.forexlive.com/blog/2014/11/2 … al-levels/
- Total number of registered users: 71,292
- Registered users today: 16
- Newest registered user: maxwellmusindo
- Total number of topics: 11,727
- Total number of posts: 38,540
Online users: 3,921 guests, 161 Members:
199seeds, A'Akeem, adgroot, admin, Afnan Al-mustafa, ahmadhassan4010, aitorerko, Akash3535, Alex Enrichment, Alexander Lamount Knowles, Alisa Aor Abaiyawongsa, alixsunggin, AmeerJ1017, andengmel, antabod, armando70, arpitgorasia, Aslam Bahii, Babar, binuvrm, boiboi3, Budi Elsan, CAI, Ching Ih, Connor Davis, crodzilla, Damherz, distlerpt, E Buys In, ebrahim, edson1809, ehabali, eiffil, Emmy Adams, epifreak, expelt, ezfyp, Fabio2B, fastlane2021, femo, futurefunder1, Fxeng254, fxmanana, George Trubnikov, Gold Abo Ameer, GTGOGO, hadipurwanto, Houman Ahouman, HP1012, Igor Jurčević, jacobmcbmachoba, Jd7, Jeebs100, joao_leandro, Johnson Lim, jom1998x, JorgeValiente, juan tamad, juanjm07, kambanga, KARLOS88, Katapult, kausa1990, Kgashane Daniel, Khhasan9, kyrgk, leandro2330, Legend, Lim Kang Ju, LivingCovers, Lucas Lopes, Lungelo Kaunda, Maduda, maFX, Mailafia, Marek Starczewski, MarianNick123, mariia2306, mars7, masil27, Massimo Casiglia, Masupa Masupa, maxwellmusindo, Mduduzi Given, Meldude, Mikhael, molotov4055, mon786, msamikhan939, Myanmar Forex Trading, myfxlogger, mznozary, nami, naveenbusi, neagoelaur, nelsonli, Nik76, Nilesh Bhambure, nj620903, nkosinathi_mkondwane, Nomifx96, Numpichet Numwong, Occy, Odibaba1979, Ofonime, Okan Polat, ooldman, pakov_l, peteaw72, Phanda, pipyoda, rabbacm, rakhabeletsi, ramzan, ready2u, Rohit Katake, saivishnu, sasastephe, sdriar, seek2020, selvendra, senszevs, Shael, shg_suherman, Sibusiso70, skinvestor1978, Skorpion2, SKParichkhel, sohel01405, Speedy21, sri4you, Subra_mr, Tajiri01, tan123, testingmyidea, Thamsanqa1236, thematrix654, Thiza, ThreeLions, Tolkien_12, Tomasz Smolarski, TomaszKom, topaz790, Toxicone, tskabilan, tunl, tuuker, uniedcom, VikingSmilla, wagnerg123, Will777iam, winner77, xperya, xv16, yaochengbin, YAsan, Zardiamond Zd, Zerofx, zorbafx69, Zwane, Л.Мөнхболд Л.Мөнхболд
MT4talk is a User Generated Content website. All content uploaded to MT4talk by our users (MT4talk forum members) is User Generated Content. Please note that MT4talk doesn't sell Forex robots and does not provide support for the uploaded Forex robots. MT4talk only sells PRO membership. PRO membership is unlimited download access in every forum topic and forum posts.
We testing Forex robots in REAL-TIME! We testing some robots on a demo account but in real-time. We are not financial consultants and we can't push you to risk your money. We are just trying to find good market analysis solutions from different strategies to help our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The site may contain links to affiliate websites, and we receive an affiliate commission for any sign up that trade by you on the affiliate website using such links. Our affiliate partners includes the following: FXOpen, FBS, LQDFX, MyForexVPS.