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  • EUR/USD under renewed pressure; buy, sell stop orders noted

    From forexlive.com

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    We’re down at 1.3233. Sources note decent real money selling in recent trade. Earlier was getting reports of buy orders layered 1.3230 down to 1.3200, sell stops through 1.3200 and more through 1.3180.

    • Bakker

      578 posts
    • I told you, last week's weekly pin is key! Sell the Eur.

    • Guest

      IP XXX.XXX.102.15
    • eur truthly down to south..sell it..

    • 24bazar

      92 posts
    • sources note my sources note more buy orders so what? to interpretate recent falls is easy.. good time to buy on a dip

    • safdarhashmi

      352 posts
    • just buy on every dip it will touch 33 in american session

    • Patience
      Patience's Avatar

        5,501 posts
    • Quoting Bakker
      I told you, last week's weekly pin is key! Sell the Eur.
      Thanks guru Bakker. Just checked my weekly chart. Doesn't look like a pin to me. We must have different interpretations of what a pin bar is.

    • saarung

      55 posts
    • it might be touch to 1.3180 next a couple of hours.

    • Guest

      IP XX.XXX.174.31
    • Well, well, well, so forexfactory is just another website that censors posts. You ARE posting the opinions and thoughts of others, even if those thoughts cause damage. But you don't post it if people say something about it. Looks like forexfactory is government controlled.

    • jonahky7

      4,531 posts
    • 1.33 won't be seen for a while buddy, wake up. The fact that 1.33 can't even be broken with the spike spells southbound for euro.

      Quoting safdarhashmi
      just buy on every dip it will touch 33 in american session

    • shazwasti

      1 posts
    • hope is over, so sell euro, target 1.2980

    • smartman93

      4 posts
    • just sell eur/usd we have reached technical resistance plus the fundamental that greece deal wont satisfy the markets(because it wont stimulate eurozone gdp to grow and wont even pay the greece debt completely the debt will be 20 to 60 percent above the gdp even with the recent aid) and plus german gdp growth is
      -0.2% plus usa gdp growth is +2.8%

      i dont often come to this blog to right my opinion so know the value of my opinion and do what i said maybe i will publish my trading secrets when i get near to death but at now im very young

    • prashant7
      prashant7's Avatar

        923 posts
    • Quoting saarung
      it might be touch to 1.3180 next a couple of hours.
      heading up to touch 1.3329 and then may be that gap will be closed at 1.3139

    • oluaye

      10 posts
    • Whao! I was caught up in the greece deal debacle,and i lost quite a fortune selling eur/usd since last night

    • eqshack
      eqshack's Avatar

        1,003 posts
    • gbpusd seems to be under pressure

    • d3cimus

      23 posts
    • Is USD under pressure or GBP?

    • Nighttrader

      32 posts
    • So who are these mysterious people that sell real money?

    • Patience
      Patience's Avatar

        5,501 posts
    • Quoting d3cimus
      Is USD under pressure or GBP?
      Market is generally going down at the moment. Look at E/U, A/U, A/J, Crude, European indices. We have positive US indice futures at the moment though.

    • Guest

      IP XX.XXX.60.148
    • london pumped and dumped it. very likely NY will want to pump it before dumping it too. Price made it to 3290 in london. that price level is a bit softer now so it's possible the NY session can push back to 3300+ briefly if they want. if any session can it's them, but i would be looking to enter sooner rather than miss an opportunity. the market makers know they can't stop you out short of 3300ish range

    • Nighttrader

      32 posts
    • It feels its all about stop losses in this reversal madness. Is it 5th time today now daytraders gonna get caught on the wrong side?

    • Guest

      IP XX.XXX.233.108
    • strange...before the bailout euro goes up...after the bailout it goes down...(i'm scratching my head)....

    • mima
      mima's Avatar

        2,471 posts
    • EUR is going to 1.36 on a little bit strange way....kind of from downside...

    • grandia

      131 posts
    • daily chart still says bull.... just do what you think is right
      I'm bullish

    • sumondu

      7 posts
    • within couple of hours EURU/USD touch 1.33..from real source

    • chanx

      37 posts
    • Really. I have just missed the wonderfull Sell Oppurtunity..lOL will be lacing the short order after the close of the candle although stoch is in 20

    • Bakker

      578 posts
    • Quoting Patience
      Thanks guru Bakker. Just checked my weekly chart. Doesn't look like a pin to me. We must have different interpretations of what a pin bar is.
      It seems to me you're not very long in this business. Google images for pin bars.

    • Bakker

      578 posts
    • Patience, or maybe you should try a new pair of glasses.

    • trader-v3
      trader-v3's Avatar

      10 posts
    • in 2012, you will understand why some people say ''Trade what you see and NOT what you expect''.

    • Guest

      IP XXX.XXX.15.181
    • the market has absorbed the news , it did not fly , what that means? means the fundamental news did not convince the big boys, so now where it will go ? south , testing 1.26 again !

    • saarung

      55 posts
    • Go to hell whatever ,

      i got 60 green pips since i said that it might touch to 1.3180 just befor 45 mnits.

      but becareful now it can go up again at least 30 points.

    • Guest

      IP XX.XX.49.55
    • Only 100 pips spike on the news of the deal, and no follow-through. It's going Sooouuuuth...

    • d3cimus

      23 posts
    • There are a lot of stop losses in the range of 1.3200-1.3210. Let`s see if USD is strong.

    • Patience
      Patience's Avatar

        5,501 posts
    • Quoting Bakker
      It seems to me you're not very long in this business. Google images for pin bars.
      hahahaha ... what a comedian. You should go to Vegas. Mmmmm, let me see:

      What to look for in a Pin Bar:

      I am looking for a small body to the bar, the smaller the better

      At a minimum I am looking for a wick that is three times the length of the body, but the longer the better. A Pin Bar with a wick that is ten times the length of the body has a much higher probability than one with much less.

      Location, location, location is just as true for a Pin Bar Candlestick as it is for real estate. I will get into this later in the article but it is just as important as the reversal pattern itself.

      The wick must stick out from the surrounding price action


      Please feel free to refresh your knowledge:

      http://www.forextofreedom.com/pin-ba...ersal-pattern/

    • Patience
      Patience's Avatar

        5,501 posts
    • Quoting Bakker
      Patience, or maybe you should try a new pair of glasses.
      Thanks for the advice guru. It's been something I've been meaning to do.

      Now don't get me wrong. Looking at a weekly chart it would make sense that the E/U would head towards the 1.20 area but not a lot makes sense in this game. I'm just saying that I'm not seeing a pin bar last week. It seems you have a W-I-D-E interpretation of one.

    • Guest

      IP XXX.XXX.45.6
    • Quoting Patience

      The wick must stick out from the surrounding price action
      there's your problem Bakker.

    • saarung

      55 posts
    • A many thanks to my all senior's. look at market.

    • Guest

      IP XX.XXX.40.54
    • Both E/J and E/U... just formed an inside bar on the hourly chart: All bears have been murdered!! Buy! Buy! Buy!

    • jonahky7

      4,531 posts
    • London didn't pumped it at all, it went up becos of a rumor - in fact I was eyeing that London session will send it below 1.318 before 12:00 GMT but that didn't happened!

      My view on Euro, thought it doesn't matter for the big manipulators, is that - I'm still BEAR (1.288 at least), but it doesn't mean I'm selling all the time. I sell and buy, buy and sell. every pips collected adds to the trophy.

      Let's use common sense, it either go up or it go down, but I hate sideway trend, that is the worst nightmare come true. Be practical and don't dream of one value and adamant it will go that way. Events changes and forex changes. So rather then shouting I just trade, if it trend stays too long in a cycle, close it.

      Nothing too difficult about it, I lose some but I win loads by not being too greedy, take my TP when it reaches RS lines or locked it.

      If Euro is going to hit above 1.33, Europe is simply asking for trouble, simple as that. FED is trying to push for higher Euro but Europe is trying to push it down, it's not up to us rogue traders to say what the market will be, but the tossers from these 2 institutions to decide what it will be.

      Also the fact that the agreement only gave spike for 100pips means SHIT, and it spells trouble, which means southbound. I was saying this morning, if it didn't cross 200pips north this morning, I would hope to see it down 200pips south today........ but again it's just my hope.

      Chill down folks, take things one step at a time. trade what we see not what we dream of


      Quoting Guest
      london pumped and dumped it. very likely NY will want to pump it before dumping it too. Price made it to 3290 in london. that price level is a bit softer now so it's possible the NY session can push back to 3300+ briefly if they want. if any session can it's them, but i would be looking to enter sooner rather than miss an opportunity. the market makers know they can't stop you out short of 3300ish range

    • Guest

      IP XXX.XXX.242.117
    • true, pump and dump is just talk, nobody knows , watch the screen and trade

    • meteorsh

      8 posts
    • Quoting Patience
      Now don't get me wrong. Looking at a weekly chart it would make sense that the E/U would head towards the 1.20 area but not a lot makes sense in this game.
      Patience and bakker, dont fight over a stupid candlestick you both know that those shapes dosn't have that much effect nowadays (however weekly is a lil different)

      i also believe in bear in long term movement both fundamentally and technically,
      according to ichimoku i dont think EU can pass 1.34 resistance (monthly resistance) with it's situation this easy.

    • Patience
      Patience's Avatar

        5,501 posts
    • Quoting meteorsh
      Patience and bakker, dont fight over a stupid candlestick you both know that those shapes dosn't have that much effect nowadays (however weekly is a lil different)
      Not arguing bro. Just discussing.

      And thanks for your outlook.

    • Guest

      IP XX.XXX.193.81
    • I Knew it. SELL >>>>GOES AT LEAST 90 POINTs ThEn Buy at the strong support!!!

    • Guest

      IP XX.XX.24.8
    • whome to trush for support and resistance levels, every body has a different no in hand. every body saying Euro will go down, but it can touch today 1.33, may be briefly,according to a source, so stay alert.
    • Feb 22, 2012 12:13am | Edited at 1:17am
    • #48
    • Quote

    • mima
      mima's Avatar

        2,471 posts
    • Quoting Guest IP XX.XXX.193.81
      I Knew it. SELL >>>>GOES AT LEAST 90 POINTs ThEn Buy at the strong support!!!
      Are you ordering others what to do?

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