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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
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EURUSD

Quoting ballblazer_!
wat does it mean when the wall is broken? generally i take it to mean that its safe to go long (which i am) but i feel like you're interpreting it differently and id like to get ur take.
if you think its safe to long...i hope your using a good stop loss...in such a bearish market this could be just a bulltrap...i wouldnt even consider long positions unless the previous low (1.3882) became support again

as far as my current position goes...what the market giveth..the market taketh
Different opinions highly valued, ignorant to slander.
Quoting psiholog
if you think its safe to long...i hope your using a good stop loss...in such a bearish market this could be just a bulltrap...i wouldnt even consider long positions unless the previous low (1.3882) became support again

as far as my current position goes...what the market giveth..the market taketh
well..i can see your point. i went long at 3814 and took profit at 3840. that's enough for me. we'll see if ur right
Quoting ballblazer_!
well..i can see your point. i went long at 3814 and took profit at 3840. that's enough for me. we'll see if ur right
You is for short term, he is for long term. So both on different timeview, so both also win la
Quoting ballblazer_!
well..i can see your point. i went long at 3814 and took profit at 3840. that's enough for me. we'll see if ur right
nono the market will say whats right...watch that 1.3882 level if its even reached...it will tell alot....still this just doesnt quite feel like a true bullish move...must be because im on a natural high right now
Different opinions highly valued, ignorant to slander.
Quoting mphpopular
You is for short term, he is for long term. So both on different timeview, so both also win la

hmm good point. that's very true actually. i erno wat his tolerance is but mines is probably considerably less.

of course as soon as i took profit it went up another 10 points haha
Quoting mphpopular
You is for short term, he is for long term. So both on different timeview, so both also win la
pips important la..
actually im a short term trader with a perspective on the long term view if that makes sense...lets me pick out good entry/exit points...not at this time though...my mind is and my decisions are i hope im not bipolar!
Different opinions highly valued, ignorant to slander.
Quoting MrLiquidity
Maarten, i think you are right. Some rationality may arise after the 700 B is aproved. However the oil price is the main driver of the currency pair.
Howling... Welcome uniformed peasant.

Quoting ItalianSharp
Well, if you've been around long enough you'll know that markets anticipate fundamentals. You read this right, markets are much faster than economics.

The dollar has been rallying to the disbelief of many economists, analysts and traders. Everyone is scratching his head as to why EURUSD isn't trading above 1.60 yet. Some desperate souls are even waiting for the dollar to depreciate sharply soon due to the bad financial crisis we are into.

I've been a dollar bull for over a year and if you look up my prior posts, you'll see that for yourself.

The trend has changed rapidly from up to down. IMO we are due for a multi-year downtrend with this pair.

As much as the US economy is in trouble, at least they have been acting swiftly to tackle their economic woes. The FED slashed down rates, injected billions of cash into the economy, purchased stakes into troubled financial institutions and is about to approve an historic $700 billion rescue plan to shore up confidence in the banking industry.

I am not judging the actions of the FED, all I am saying is that they have been trying to make things better. These are people who work 24/7 even on weekends.

On the other side of the world, you have Europe who doesn't really have a central bank that can take care of things the way the FED does.

Even today Mr. Trichet reminded everyone how his mandate imposes him to keep inflation under control.

I doubt it that the EU is immune to this global financial crisis. The Fortis rescue by the Benelux governments is a clear proof that the flu has hit European shores as well and is knocking at the door now.

Now, think about this:

You have the two biggest economies in the world facing financial trouble.

Would you rather sit your assets into the more structured, more united, and more credible - at least off its track record - economy, or place it somewhere else where decisions are tough to make due to the many differences of language, culture, rivarly, etc.

The EURUSD downtrend is simply anticipating what's going to wind out in the next few years.

It's a totally new ball game today.

I agree that things changed very quickly, but as traders we need to accept reality and adapt to what the market is telling us.
Post of the day winner!!!!!

Great read.

I'm being sincere!!!
Quoting acumen
Post of the day winner!!!!!

Great read.

I'm being sincere!!!
I like how you had to quantify that you're being sincere

guess your reputation precedes you.
Quoting kasper
I like how you had to quantify that you're being sincere

guess your reputation precedes you.
After I wrote I thought... holy shit... this guys going to think I'm being a smug azz.
This has nothing to do about what economy is stronger.
It has more to do with liquidity. Banks arent lending to each other.The Market in general including Central banks are trying to shore up the USD shortage.
One way of doing this is selling currencies and buying USD.
One thing I am bemused about is that USD/JPY has remained weak.
Yes the cross rate plays ie Selling EUR/JPY maybe a reason, but Im thinking that Japanese banks are net lenders of USD, therefore they dont need to currency swap.

So USD bulls dont get too horny.Once the pressure eases on the credit markets the currency swaps will have to be unwound and that means USD weakness.
We are in for some interesting times.
Don't worry, this site is like the Hotel California---check out anytime...but you can never leave!! I'm proof of that. Trading is such a solitary pursuit, we crave a place to come to with people of like minds.
Quoting FX-Petra
Don't worry, this site is like the Hotel California---check out anytime...but you can never leave!! I'm proof of that. Trading is such a solitary pursuit, we crave a place to come to with people of like minds.
Great quote.
Quoting acumen
You get your feathers ruffled so easily.

All I'm saying is... keep the focus on trading.

You are becoming quite a skilled chart reader.

I read all your posts.

No one wants to here political babble from either side of the aisle.

Not mine and not yours.

You won't hurt me if you go... but you will hurt a lot of novice traders who are trying to follow your system.

We are here to make money... you and I aren't running for office.

Stick around - help someone - don't liberals want to help others? JOKING!!!!

Mike
I think that was th final straw for him, to many people asking for info, and them stepping all over him. I don't blame him for being pissed off. He as a trader with far more knowledge then myself, who is trying to make this his living has more than enough stress, and then gets beat down by the people which he shares his knowledge with and worst the ones who share there knowledge with him, and tell him he's on his way to be good at it. I know you were stating your opinion, but you didn't have to insult him.
Hi all

Was just wondering, why are the markets so quiet?? Is somewhere on holiday? or is everybody just waiting for NFP?

I have hardly any movement on my charts....

Maybe a sign to stay out....
To keep trading, even when it gets hard.
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http://money.aol.ca/article/asian-ho...r-2008/350262/
I guess that means...nap time till euro session huh...
Not gonna say a word here, since free speech has been prohibited once everybody had their say...

Added short from 3831.
Attached Image
FUBAR...
Quoting jboogie
I guess that means...nap time till euro session huh...
Partially on holiday as well:

Fri
Oct 3
All Day EUR http://www.forexfactory.com/images/m...ct_holiday.gif Holiday: German Unity Day
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