EURUSD | Page 19930 | 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

  • #398,581
  • Mar 1, 2011 5:00pm Mar 1, 2011 5:00pm
Quoting amgm2609
Hi guys.

I was wondering if any of the traders here regard the COT report as a light of what we can expect this week.

The short positions for the Euro are 125.352 contracts against 80.642 long, that is for commercial traders.

As for the large traders it stands at 75.880 long vs. 26.294 short.

Any ideas ?

Happy trading
Here's my input...I on occasion will look at the COT report, but to tell you the truth, it's all in the chart. The fundy guys will probably tell you different, but a true chartist/technical guy will tell you otherwise.

Don't misunderstand that for there's always a trade though. I've made under 30 trades this month.

So it's all in the chart.
  • #398,582
  • Mar 1, 2011 5:06pm Mar 1, 2011 5:06pm
Quoting fontu
Thanks buddy , not want talk about all the politics but all the middleeast specially are set forth hard dry test & they all burning in the name of upraising due some have real troubles in some here & nearest notorious countries.

My suprising if any trouble why at the very place I live in ,within few hundreds yeards my room . anyway vacant my family , last night as soon as I got the flight ticket with few hrs of the schedule . I back again from capital today evening to watch more .


tanks gurading the city but no great incident today , every...
hi, Fontu,

please accept best wishes for the health and safety of you and your family. You and your family will be remembered in my prayers
  • #398,583
  • Mar 1, 2011 5:11pm Mar 1, 2011 5:11pm
big players are scary as hell for sure... taken from:

http://www.forexlive.com/170234/all/...th-tight-stops


I know of one big bank prop desk which got massacred a few years ago when they went limit long ahead of an EUR3 billion buy order only to see the bid get filled and the market fall 100 pips in a matter of minutes, so there is no such thing as a guaranteed safe trade.
  • #398,584
  • Mar 1, 2011 5:13pm Mar 1, 2011 5:13pm
Thanks for your inputs guys.

Like you said Gulf, its all in the chart, just it would be nice to have a clue to where the big dogs tend to.

Of course, knowlegde is power, and then again, donět believe they would like to share theirs with us

Anyway, as for me, albeit this contradictions... looks like the Eu is repeating a pattern creatted on D1 between 06-08-2010 and 13-09-2010... Expect a sharp fall, and then climb up to 1.42 (next res level)

Thanks

========================================

as for H4 (alpari data gmt+1), seems a good opportunity to short, it has just broken res of 1.3785
tight Sl to 1.590 and see if it will go further down with the Japs
  • #398,585
  • Mar 1, 2011 5:17pm Mar 1, 2011 5:17pm
it seems that e/u isn't able to break the 1.38-1.3850 residance zone - so we may head against south from now.

especially after a break of 1.37 we should see really fast also 1.3550

what do u think abt this idea?
Pecunia non olet
  • #398,586
  • Mar 1, 2011 5:19pm Mar 1, 2011 5:19pm
Quoting wm-eu
...
what do u think abt this idea?
For me ... I'm on the sidelines until better confirmation. Expect some back and forth action, with a tight stop you're surely to get your ass handed to you.

Most traders don't have the stomach to handle ANY draw down, let alone 30-50 pips. Trade safe!
  • #398,587
  • Mar 1, 2011 5:28pm Mar 1, 2011 5:28pm
@Orbital: http://www.flegel-g.de/Arbeitsmarktzahlen-09-2010.html
  • #398,588
  • Mar 1, 2011 5:30pm Mar 1, 2011 5:30pm
pattern targets 3707 posted earlier.. math targets 3717 on chart... both are against a green light setup i have north.. but i did sell at 50% mark. there was another chart after 3779.. it was already hit.. it was too close to 3779 to separate. we had a mute bounce and a green light north. im not comfortable with this one.
Attached Image (click to enlarge)
Click to Enlarge Name: quote 2.PNG Size: 19 KB
those who can, do. those who cant, talk about those who can
  • #398,589
  • Mar 1, 2011 5:47pm Mar 1, 2011 5:47pm
keep in mind new week so 3725.5 may have lost some power.. along with 3733.. since the month closed above. it remains to be seen. eu gartly first target was reached yesterday 3716 the second eu gartly is 3524 .. unlikely,, but the usdx has a target about 80 eu pips lower then yesterday (77.53).
those who can, do. those who cant, talk about those who can
  • #398,590
  • Mar 1, 2011 5:55pm Mar 1, 2011 5:55pm
Quoting gatorinla
pattern targets 3707 posted earlier.. math targets 3717 on chart... both are against a green light setup i have north.. but i did sell at 50% mark. there was another chart after 3779.. it was already hit.. it was too close to 3779 to separate. we had a mute bounce and a green light north. im not comfortable with this one.
closed... seems like we will bounce more.. #1 bull was hit ill post #2 in a min
those who can, do. those who cant, talk about those who can
  • #398,591
  • Mar 1, 2011 5:56pm Mar 1, 2011 5:56pm
I'm gonna go Long ...

1.3770 SL 1.3758 ... 12 PIPS stop ...
Strong support around 1.3765

EUR/USD
GBP/USD
AUD/USD ....

They are all @ strong support ...let's see if it will hold
  • #398,592
  • Mar 1, 2011 6:02pm Mar 1, 2011 6:02pm
#2 3803.5 mid 3783.3 new low voids them..current low 3863...
those who can, do. those who cant, talk about those who can
  • #398,593
  • Mar 1, 2011 6:05pm Mar 1, 2011 6:05pm
Quoting Mr Hatch
@Orbital: http://www.flegel-g.de/Arbeitsmarktzahlen-09-2010.html
he only reads one side of the paper
those who can, do. those who cant, talk about those who can
  • #398,594
  • Mar 1, 2011 6:08pm Mar 1, 2011 6:08pm
Quoting geniusztc
it is time to go short ?i think it is .
and now it is time to take profit .
A chart helps those who can read it.
  • #398,595
  • Mar 1, 2011 6:23pm Mar 1, 2011 6:23pm
jaylovin,

Good post & there are some posting here that have been massacred in the last 5 days as well. I for one got caught with a loser, but not massacred, just stunned. There are NO sure trades......only speculations.

When in doubt stay out.

__________________________
  • #398,596
  • Mar 1, 2011 6:27pm Mar 1, 2011 6:27pm
3786 will be protected some.. if breached, we will probably c 3809.. if breached it may come back lower again in a head-fake.. but the odds are if 3786 is breached 3763 will be protected and we will go to 3809 min.. a new low voids this.. a st bear is alive i posted a target.. for it from math.. 3809 is another method with a similar result.. there are no bears atm w/o a lower low.. a new low voids this post.
those who can, do. those who cant, talk about those who can
  • #398,597
  • Mar 1, 2011 6:29pm Mar 1, 2011 6:29pm
http://i.imgur.com/ytIJM.gif

The Volumes indicate a top @ 3855 and range bottom @ 3765

Are we playing ping pong here ????
  • #398,598
  • Mar 1, 2011 6:33pm Mar 1, 2011 6:33pm
Quoting gatorinla
keep in mind new week so 3725.5 may have lost some power.. along with 3733.. since the month closed above. it remains to be seen. eu gartly first target was reached yesterday 3716 the second eu gartly is 3524 .. unlikely,, but the usdx has a target about 80 eu pips lower then yesterday (77.53).
Yes...new week and new month...All new setting(supports?resistence).

..You have almost cracked e/u...
Markets are not Random, they are designed!
  • #398,599
  • Mar 1, 2011 6:34pm Mar 1, 2011 6:34pm
Funny part is how momo reacted to fib lines

http://i.imgur.com/eYozT.gif
  • #398,600
  • Mar 1, 2011 6:36pm Mar 1, 2011 6:36pm
Quoting acetrader
jaylovin,

Good post & there are some posting here that have been massacred in the last 5 days as well. I for one got caught with a loser, but not massacred, just stunned. There are NO sure trades......only speculations.

When in doubt stay out.

__________________________
I've been there and done that. I didn't trade E/U today because she looked too choppy. I did take some longs on USD/CAD but had better short moves on the E-Mini DOW instead. It's NFR week so it's building up for this move and no one knows where it's going.

Best Wishes and green pips.
266 traders viewing now