Euro getting hit | Forex Factory

Euro getting hit | Forex Factory

Euro getting hit

From forexlive.com

Hit rapidly down 35+ points. Nothing in the way of news crossing the wires as yet.

Comments / Top
Subscribe

Nov 3, 2013 9:36pm

Reminiscences of 2007. 10 pip drop on the 5 sec chart. These are rare birds nowadays. Has nothing to do with your supports and resistances... The first major drop was way above the support so this is pure manipulation by who? The ones that have billions in the banks account. See what happened after for those you tried to jump on a moving train. spiky spiky all the way up. Classics.

Nov 3, 2013 9:55pm

Quoting smash1820

Disliked

I think it's crazy how just a little news, which is in fact nothing new, can affect the markets so much. Pure manipulation indeed, if you ask me.

\"Unlike in most recoveries, government has played a countercyclical, suppressive role,\" Fisher said in Sydney. \"The inability of our government to get its act together has countered the pro-cyclical policy of the Federal Reserve.\"

Why is this so shocking?!?

Fisher is the only smart one on the board and it's a shame so few others realize this.

Ignored

We'll see how influential he will be in arguing his case. He's a voting member next year.

Nov 4, 2013 2:22am

Quoting sonicdeejay

Disliked

Euro getting hit or big banks load LONG position lower price .

Ignored

Quoting holborncabbi

Disliked

It looks like Eur has hit the lower tramline on daily chart and now to reverse up again.

Ignored

Bingooo !!! at least for now anyway. Bears come back later.

Nov 3, 2013 9:45pm

I think it's crazy how just a little news, which is in fact nothing new, can affect the markets so much. Pure manipulation indeed, if you ask me.

"Unlike in most recoveries, government has played a countercyclical, suppressive role," Fisher said in Sydney. "The inability of our government to get its act together has countered the pro-cyclical policy of the Federal Reserve."

Why is this so shocking?!?

Fisher is the only smart one on the board and it's a shame so few others realize this.

Nov 3, 2013 9:30pm

Quoting hkg_paul

Disliked

Japs are not in today but they probably get hit by stop losses.

Ignored

Funny you think it's stop losses down there. I reckon they were buy limits. Basically prices are cutting through the rest of the range because there are no buyers at those levels simple.

Nov 3, 2013 9:40pm

Quoting Tony112

Disliked

Reminiscences of 2007. 10 pip drop on the 5 sec chart. These are rare birds nowadays. Has nothing to do with your supports and resistances... The first major drop was way above the support so this is pure manipulation by who? The ones that have billions in the banks account. See what happened after for those you tried to jump on a moving train. spiky spiky all the way up. Classics.

Ignored

I reckon this is targeting weekly pivot and then gonna drop hard for 800 pips the next few weeks.

Nov 3, 2013 9:44pm

Quoting hkg_paul

Disliked

that why , market is thin and sell off like that is only stop loss sell .

Ignored

rather I think it's algo that dumped euro, tripped a few stops, but ultimately it was targeting liquidity (buyers) at 1.344 level.

Nov 3, 2013 9:42pm

Quoting shellsnail

Disliked

Funny you think it's stop losses down there. I reckon they were buy limits. Basically prices are cutting through the rest of the range because there are no buyers at those levels simple.

Ignored

that why , market is thin and sell off like that is only stop loss sell .

Nov 3, 2013 9:17pm

if it will stick is the question now.....h

Nov 3, 2013 9:41pm

take a view of the hourly chart of EUR/USD. time to get syringed

The market show NO pity. None

Nov 4, 2013 1:26pm

Quoting showmind

Disliked

take a view of the hourly chart of EUR/USD. time to get syringed

The market show NO pity. None

Shorts careful!

Shorts careful!

Ignored

What's your target?

Nov 3, 2013 9:16pm

Anyone know what caused this??? I see nothing either.

Nov 3, 2013 9:23pm

Quoting k3nshinz3139

Disliked

Long Aussie..

Ignored

nice call, i couldn't get myself to pull the trigger

Nov 3, 2013 10:06pm

Shorts careful!

Nov 3, 2013 9:16pm

Fisher Fisher .... the next Nowotny ....
FED and ECB both make statement and decision but nobody of the members want to stand behind their decisions and take resposibility.

Nov 3, 2013 9:28pm

Quoting smash1820

Disliked

Anyone know what caused this??? I see nothing either.

Ignored

Fisher say that they should go back to intereste rate policy asap.

Nov 3, 2013 9:29pm

Japs are not in today but they probably get hit by stop losses.

Nov 3, 2013 9:39pm

it is ahead fake, or bear trap to get traders to go short, and then catch them with their shorts down, only to buy it back up

Nov 3, 2013 9:42pm

Quoting dinksy

Disliked

And why is alpari giving me extra 30pips loss?EU @1.3445 while others are @1.3475

Ignored

IBFX also pop up 1.34 45 low

Nov 3, 2013 9:11pm

lolz.. Good Fisher ! Let's go to kiss the Koala again.. Long Aussie..

Nov 4, 2013 1:19am

I believe is usd sell off..

Nov 3, 2013 9:17pm

Not just the EUR, USD strength broad except JPY.

Nov 4, 2013 1:47am

EURUSD down to strong support 1.3270 .Happy Trading..

Nov 4, 2013 4:16am

EURUSD down to strong support 1.3270 .Happy Trading..

Nov 3, 2013 9:32pm

wohooooo..
1.32 soon beibeeehhh.. wkwkwk

Nov 3, 2013 9:35pm

And why is alpari giving me extra 30pips loss?EU @1.3445 while others are @1.3475

Nov 3, 2013 9:55pm

It's time to BUY EURO ... Don't sell it again guys... I have 90% win for buying EURO now in medium-term. For AUD, it would be 0.9550 after RBA statement tomorrow.. Let's see.

Nov 3, 2013 9:57pm

Quoting dinksy

Disliked

And why is alpari giving me extra 30pips loss?EU @1.3445 while others are @1.3475

Ignored

Lowest prices in current is 1.3445 dear.... Nowhere 1.3475 as lowest level

Nov 3, 2013 9:53pm

Its smart money getting out early while the world sleeps...and most markets are closed...someone knows something...this isn't Stop loss trades

Nov 4, 2013 12:52pm

take a view of the hourly chart of EUR/USD. time to get syringed

The market show NO pity. None

Shorts careful!

Shorts careful!

Nov 3, 2013 10:02pm

"Hit rapidly down 35+ points. Nothing in the way of news crossing the wires as yet. "

This is the best news i've ever heard in my 5 years trading experiance , if the price can move without anybody in the world knowing why its moving than why we are readings this crap or any others forex craps ?
Its better to read the chart than reading other people minds , while i'm writing this Euro moves up 35 points , anybody know why ?.....

Nov 3, 2013 11:10pm — Edited

It is an illusion that anyone knows precisely why demand and supply imbalances occur and that is the fraud in fundamental analysis. Think about it - it is a pure guess shop since no one ever sampled the opinions of so-called investors to make attributions as to reason and therefore it is clearly guessing at a reason each time one is made up. Therefore the dude calling for focus on charts rather than the delusional idea that somehow fundamentals explains anything before and after the fact of a move - has my support. A word is enough for the wise

seems to me folks are catching on early

Nov 4, 2013 1:26am

fyi , i had 4 buy orders on E/U between the time period 10th sept - 24th oct 2013 ,lost on the last one order as E/U reverses and turned down on 30th Oct 2013 , opened sell order on E/U - 31th Oct and currently locked in +95points-still open and just for your info Mr Loaded Gun , all those orders were executed based only on technical analysis , no fundamental craps can beat that because we are actually in a war zone and its a matter of life and death ,i don't trust politicians when dealing in a war zone .I think you know better than me as your name says "Loaded Gun".... money is not illusion Bro.

Nov 4, 2013 6:28pm

Agreed def stops there, whether or not it was temp sentiment shift and brief orderflow from Fishers comments that led to stops being tripped or a fund/bank tripping, would have been good to fade in hindsight, sigh. But hindsight doesnt fill my skyrocket!

Nov 4, 2013 12:15am

Anyone know why his speech was not should in the calendar or is this a surprise speech?

Nov 3, 2013 9:08pm

fed boy in australia leaked oboma being counter-cyclical

Nov 3, 2013 9:10pm

Freakish drop, especially during asian session. Haven't seen drop like that for a very long time.

Nov 3, 2013 9:15pm

3437 is daily utl. adding to long there. anyone know why this move? i see nothing!

Nov 3, 2013 9:19pm

ya seems dollar related.

Nov 3, 2013 9:35pm

maybe a short trying to take advantage of the light trading and hitting stops. missed my add at 3437. gonna put in a low 60m hammer off the daily line.

Nov 3, 2013 9:44pm

rarely see 2 daily candles without wicks sell more the next day. That would be pretty unusual.

Nov 3, 2013 11:13pm

USD pricing in fishers comments as opposed to EUR weakness, plus some stops were tripped.

Nov 4, 2013 12:51am

Market nervousness. Short Euro. Stops where taken out at 1.3460 and bounce back from profit taking. Sure heading south again

Nov 4, 2013 1:16am

Euro getting hit or big banks load LONG position lower price .

Nov 4, 2013 1:30am

It looks like Eur has hit the lower tramline on daily chart and now to reverse up again.

Nov 4, 2013 4:56am

bears are not coming anytime soon....by the end of year nothing can stop EUR to go up and up and up..

Nov 4, 2013 5:19am

[quote=smash1820;7067447]I think it's crazy how just a little news, which is in fact nothing new, can affect the markets so much. Pure manipulation indeed, if you ask me.

Absolutely right

Nov 4, 2013 5:20am

Quoting sonicdeejay

Disliked

Euro getting hit or big banks load LONG position lower price .

Ignored

That's it

Nov 4, 2013 6:20am

low hammers 60m and 4h eur and almost tagged the daily utl. missed my add there but this looks higher short term.

Nov 4, 2013 1:35pm

I'm aiming for 1.3640.
50% fib

Trader#84CB

Nov 3, 2013 9:12pm

Really? Great news LOL

Trader#37ED

Nov 4, 2013 2:04am

Clear Stop-loss run.
...and exactly 10-20 pips below low of previous range from 18.9.-16.10.

Related Stories

There are no posts to display for these settings.

Story Stats

Nov 3, 2013 9:05pm
Posted by
Newsstand

High Impact Breaking

52

13.9K