I like EUR/USD

[Bojan Hajdinjak]

Yes I agree with but in this moment it still can bee falls break of bullish trendline.
In any case I think its better to sell ralies until trend confirmation

[Takeprofit]

I like EURUSD it the most predictable amount most unpredictable market, currency exchange market!

[Ballard]

75% of all trades on forex are on EURUSD!

[Takeprofit]

75% of all trades on forex are on EURUSD!

You are right:

[Byron]

I prefer the Eur/Usd because it is in the better position . Moreover, Trend is going upward too . Thanks

[nadia28]

75% of all trades on forex are on EURUSD!

This is why 90% of the traders lose all their money...

including me ..

[joyooi]

if i like to buy in this few day, what level would you suggest me to enter the market? can anyone give me some ideas?

[haniam]

if i like to buy in this few day, what level would you suggest me to enter the market? can anyone give me some ideas?

Just some idea that are definitely not recommendation but general 'guidance' that could be applied to any currency.

Since you know you want to buy, then you may divide your balance in few parts and go as following:
1- Buy for 1/4 NOW of your balance.
2- Buy for 1/4 at the first major support of the currency you need
3- Buy for 1/4 whenever you 'feel' it is a good time'
4- Buy for 1/4 after a confirmed breakout of the next major resistance

In this way, you would have bought your currency 'satisfied' your urge in having the currency, your instinct in buying it, and 2 main technical analysis rule of trading. Feel free to divide your balance by more then 4 parts if you feel you have enough time before the 'deadline' you should have bought the currency.

Good buying

[RahmanSL]

Today someone posted here at FxOpen forum that next week the USD is expected to weaken. So, logically the EUR/USD will rally upwards.

Anybody have an opinion on that??????

[ilearn2t]

Hello haniam

Yes the formula in your post can be used to protect some trading styles, it will install some discipline into a trader's style also, and with a good Money/Risk management set in place some traders could welcome this style.

Hello RahmanSL

I posted a "News" item yesterday (I think) it also indicated a drop in price over a longer time period, but it also stated a possible uptrend tomorrow. I think they base their expert forecasting the same way I do. Short term look at 1H and 4H charts and what ever went up or down before, reverse it next time (My "Mirror" image formula) looking for the reverse "Close" bar to match Close bar in opposite direction is a good guide also.

Medium term, same rule different timeframe ("Daily + Weekly") Long term ("Monthly")

The article points to the possibility of the EUR/USD sitting around 1.1400 at the end of the year for EUR/USD, it took me 1 minute using my "Mirror" formula to see this possibility on the "Monthly" chart back in December last year.

But its every trader to their own formula, but it don't cost nothing to look at other formulas or systems and who knows maybe build up a portfolio for your own formula/system/style.

Good luck
ilearn2t

[ngepet dolar euro]

@RahmanSL ; maybe for next week Euro / usd will bullish because of positive news from greece. But i think this just a shorterm movement, this second bailout program to rescue greece from default are not enouh to solved all european problem

[dustlee]

the coming EU trend will be down as the ranking of the Greece drop from CCC to C.

Even EU had strong up trend last week but it is now near a strong resistance point.

[ghprod]

the coming EU trend will be down as the ranking of the Greece drop from CCC to C.

Even EU had strong up trend last week but it is now near a strong resistance point.

And don't forget Robert Rennie (Head of Westpac Banking Corp) said that Europe doesnt have plan to recover economic because of crisis, its make market had bad perception for Euro ..

i Prefer Short for EURUSD this month

[adnan10076]

Eur/Usd pair is mostly used in trading and many people prefer it. I also like this pair.

[bossmobile787]

As I read it like Eu.