EURUSD | Page 33841 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #676,801
  • Aug 7, 2012 1:47pm Aug 7, 2012 1:47pm
Quoting divak
I like the "blocked" on your graphs.

Please remember Supports/Resistances are meant to be broken at some point...

You are right. And a week from now, when the bears have all given up (their money!), the price will probably fall back and the Support will be "broken".

But for now, those areas are BLOCKED!
  • #676,802
  • Aug 7, 2012 1:49pm Aug 7, 2012 1:49pm
I'm holding short from 24200 from almost 9 hours now , and i see some arguments - but i see this going even downer till at least 23950
"It's the Margin, Stupid."
  • #676,803
  • Aug 7, 2012 1:49pm Aug 7, 2012 1:49pm
Quoting RWalker
You are right. And a week from now, when the bears have all given up (their money!), the price will probably fall back and the Support will be "broken".

But for now, those areas are BLOCKED!

I think 2400 may give way though, to allow more bears to be trapped before price resumes its upward march.
  • #676,804
  • Aug 7, 2012 1:50pm Aug 7, 2012 1:50pm
Quoting Vachus
I'm holding short from 24200 from almost 9 hours now , and i see some arguments - but i see this going even downer till at least 23950

To at least 2395, I agree.

Edit: the DP at 2393 would be a good place to bounce.
  • #676,805
  • Aug 7, 2012 1:52pm Aug 7, 2012 1:52pm
Pencil for a dollar?
Be hopeful in a winning position, and fearful in a losing position.
  • #676,806
  • Aug 7, 2012 1:53pm Aug 7, 2012 1:53pm
Quoting Rag2RichesFX
Pencil for a dollar?
I know what you mean... this speech is *^@#!! boring!
  • #676,807
  • Aug 7, 2012 1:55pm Aug 7, 2012 1:55pm
Quoting ExForX
I know what you mean... this speech is *^@#!! boring!
Indeed, and here's proof that the central banks are helping
Attached Image
Be hopeful in a winning position, and fearful in a losing position.
  • #676,808
  • Aug 7, 2012 1:56pm Aug 7, 2012 1:56pm
Quoting Afarensis
OK bernanke..bye bye..we are going straight to 1.25
??
  • #676,809
  • Aug 7, 2012 1:56pm Aug 7, 2012 1:56pm
Quoting RWalker
You are right. And a week from now, when the bears have all given up (their money!), the price will probably fall back and the Support will be "broken".

But for now, those areas are BLOCKED!
I keep that post.
  • #676,810
  • Aug 7, 2012 1:58pm Aug 7, 2012 1:58pm
Quoting RWalker
I think 2400 may give way though, to allow more bears to be trapped before price resumes its upward march.
on what basis do you see the price going up?
Any fundamentals or just pure technicals?

I remind u the news in EU are bad and Bernanke wont give any QE3 till at least september...
  • #676,811
  • Aug 7, 2012 1:59pm Aug 7, 2012 1:59pm
Quoting divak
I keep that post.

Alllllllright partner...
  • #676,812
  • Aug 7, 2012 2:01pm Aug 7, 2012 2:01pm
If it does go up I don't see more than 1.2480-90 (before the next pull back I mean, who knows when it resumes bear trend)
Be hopeful in a winning position, and fearful in a losing position.
  • #676,813
  • Aug 7, 2012 2:02pm Aug 7, 2012 2:02pm
EURUSD UP UP all the way to 1.2475 atleast...
  • #676,814
  • Aug 7, 2012 2:03pm Aug 7, 2012 2:03pm
Quoting divak
on what basis do you see the price going up?
Any fundamentals or just pure technicals?

I remind u the news in EU are bad and Bernanke wont give any QE3 till at least september...

1. basis for up: someone wants to make money. Given their number, the bear stops above represent a big ka-ching!

2. sometimes making oodles of cash supercedes both.

3. news services and BerNackie (not to mention tape-bombing EU officials) are probably in on it.
  • #676,815
  • Aug 7, 2012 2:06pm Aug 7, 2012 2:06pm
@RWalker :

I had a pending buy order at 950 , but i have been there before when you expect the movement to not that down and it surprise you with further down ... But at least we have a movement from this boring day
"It's the Margin, Stupid."
  • #676,816
  • Aug 7, 2012 2:06pm Aug 7, 2012 2:06pm
Quoting RWalker
1. basis for up: someone wants to make money. Given their number, the bear stops above represent a big ka-ching!

2. sometimes making oodles of cash supercedes both.

3. news services and BerNackie (not to mention tape-bombing EU officials) are probably in on it.
???

U mean the same people who are net shorts on EUR/USD?
  • #676,817
  • Aug 7, 2012 2:07pm Aug 7, 2012 2:07pm
The market has been trying to break above 1.2440 for 48h already...
no success.
I fear people may get bored and take shorts
  • #676,818
  • Aug 7, 2012 2:08pm Aug 7, 2012 2:08pm
Hi, I'm kind of new in the world of forex. During the last days I have been following the news around the Euro crisis and the decisions of the ECB in order to solve it. One of the possible courses of action is the Bond buying from the most troubled countries like Spain or Italy. Would somebody tell me what will be the effect of this action on the E/U value. Thanks
  • #676,819
  • Aug 7, 2012 2:09pm Aug 7, 2012 2:09pm
Quoting divak
???

U mean the same people who are net shorts on EUR/USD?

My answer would have to be: you've got to think about it for a minute.
  • #676,820
  • Aug 7, 2012 2:10pm Aug 7, 2012 2:10pm
Quoting RWalker
My answer would have to be: you've got to think about it for a minute.

Ok, I will say just this: governments all over the world are desperate for more cash to squander ...anywhere they can find it. ...last word.
292 traders viewing now