EUR & AUD - Market Barometer Update

OANDA:EURUSD   Euro / Đô la Mỹ
92 lượt xem
92 8
Hi guys, the short term barometer (top chart) has an 'unnatural' pattern. I've see this before. After a quick push like this, the market usually snaps back in the other direct. These pushes are usually quick with very little consolidation. Just like now.

On the long term (lower chart): the EUR and AUD are over extended in opposite directions. The EUR is definitely over-sold. The Bears are no doubt pilling on right now, but I've seen this before too. Later today, when the Bear rally reverses, everyone will scratch their heads and wonder why. We'll see if I'm right :D

This is not investment advice, just my opinion(s). Please trade accordingly.

Trade safe and keep an eye on news.
looks like EURJPY is due for a big turn. if i remember what happened last time the barometer looked this way. didnt realize EJ went that far so fast wow
Phản hồi
riffster21 steveb4088
Phản hồi
steveb4088 riffster21
@riffster21, btw im using 118.51 ish as my turn around for EURJPY seems to fall inline with previous trend lines. dude this barometer is awesome
Phản hồi
riffster21 steveb4088
@steveb4088, I hope you were still in your EURJPY when that spike happened? lol...
Phản hồi
steveb4088 riffster21
@riffster21, i was but my take profit was a little too conservative and i fell asleep lol dang
Phản hồi
riffster21 steveb4088
@steveb4088, Yeah, nobody expected those moves to be so sudden.
Phản hồi
steveb4088 riffster21
@riffster21, ahh probably not but you did warn that it would be fast. bro that was a good trade thank you. cant wait for the next one
Phản hồi
riffster21 steveb4088
@steveb4088, Although, I have found that the 'dual' extended pairs (i.e. pairs with a currency over extended on both sides of the barometer) are usually the worst pair to trade. They usually consolidate sideways and do not provide a pullback. The reason (I think) is when pairs go outside their daily fib range, they stay there. They do not retrace.
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất