EURUSD | Page 21412 | 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

  • #428,221
  • Apr 26, 2011 1:14am Apr 26, 2011 1:14am
Quoting rattyo
Trending down? Ok in the last 24hrs or so. But look at say 3 weeks worth of chart. It's trending up keep that in mind.

I do see your point of short eurusd although Ill be waiting for the London session at least to get under way before taking a new trade on this pair. Dollar at some point should strengthen and this area on the eursud chart has plenty of turning points in history where it has reversed around these levels.

It worth keeping a watch on gold as that seems to be the big daddy leading the way.
agreed.
Ambition
  • #428,222
  • Apr 26, 2011 1:16am Apr 26, 2011 1:16am
what a fake, maybe better to wait till london.
that pair simply loves the 20..25 zone.
  • #428,223
  • Apr 26, 2011 1:22am Apr 26, 2011 1:22am
Quoting frevd
what a fake, maybe better to wait till london.
that pair simply loves the 20..25 zone.
it will take something big to keep this trade under the 4529 zone... it is simply too strong of support ATM....

besides its not uncommon during the hour before london comes on to get some countertrend spikes as asian traders are taking profits and so on
  • #428,224
  • Apr 26, 2011 1:22am Apr 26, 2011 1:22am
well well should be interesting to see which is the fake out im holding shorts lol the double pump fake
Ambition
  • #428,225
  • Apr 26, 2011 1:23am Apr 26, 2011 1:23am
Quoting Wulfgar
it will take something big to keep this trade under the 4529 zone... it is simply too strong of support ATM....

besides its not uncommon during the hour before london comes on to get some countertrend spikes as asian traders are taking profits and so on
yeah, stupid me, I'm a little over my bed time so made the silly choice to close out my long for a short, my bad, but hey, nothing happened, keeping the risk low.
  • #428,226
  • Apr 26, 2011 1:27am Apr 26, 2011 1:27am
Im Long 4427 @ EU stops 4498 TP 4570+
  • #428,227
  • Apr 26, 2011 1:28am Apr 26, 2011 1:28am
Im going long here. with a 56pip sl
  • #428,228
  • Apr 26, 2011 1:30am Apr 26, 2011 1:30am
out going long here as well
Ambition
  • #428,229
  • Apr 26, 2011 1:30am Apr 26, 2011 1:30am
Quoting talentfx
well well should be interesting to see which is the fake out im holding shorts lol the double pump fake
I think myself another higher high will be put in on euro to well and truly take out plenty of shorts that are in place. Around the 14670- 14800 for a new high then a full blown reversal maybe wednesday.
rat
  • #428,230
  • Apr 26, 2011 1:31am Apr 26, 2011 1:31am
Quoting frevd
yeah, stupid me, I'm a little over my bed time so made the silly choice to close out my long for a short, my bad, but hey, nothing happened, keeping the risk low.
hey dont sweat it.. there are no absolutes here...I could be 100% in the wrong direction and if I am then that is ok... ill right the ship when the market gives the opportunity


All we can really do is play the probabilities

the weekly numbers show 4529 was a massive level of support... the safeguard if you will of the 4911 on a little longer TF... It was rejected off this level almost 10 times last week significantly and now that we have had a break and close over it odds are that it ill take quite a catalyst to press down significantly below it


I dont use candlesticks or lines or anything hen i trade but numbers so hen i find an area of signifigance like this i typically wait for a break of the level by about 15-30 pips or so and a strong rejection then ill take the trade while it is coming back. ( ie.. 4529 broke down to 4493 so i set a long trade at 4530 with a SL below a significant cluster of important numbers)

So that is where we sit with this particular position...

feel free to discuss everyones opinions
  • #428,231
  • Apr 26, 2011 1:31am Apr 26, 2011 1:31am
Quoting T@rantula
Im Long 4527 @ EU stops 4498 TP 4570+

fixed
  • #428,232
  • Apr 26, 2011 1:33am Apr 26, 2011 1:33am
good move go baby go daddy needs some new shoes true break
Attached Image (click to enlarge)
Click to Enlarge Name: long.gif Size: 21 KB
Ambition
  • #428,233
  • Apr 26, 2011 1:33am Apr 26, 2011 1:33am
Long 4542
tg:4675
  • #428,234
  • Apr 26, 2011 1:38am Apr 26, 2011 1:38am
Quoting rattyo
I think myself another higher high will be put in on euro to well and truly take out plenty of shorts that are in place. Around the 14670- 14800 for a new high then a full blown reversal maybe wednesday.
yah im on it saw it got 60+ on the move down earlier today too yah baby!
Ambition
  • #428,235
  • Apr 26, 2011 1:39am Apr 26, 2011 1:39am
Quoting T@rantula
Im Long 4427 @ EU stops 4498 TP 4570+
Gr8 move mate...
MM
  • #428,236
  • Apr 26, 2011 1:39am Apr 26, 2011 1:39am
Quoting Wulfgar
hey dont sweat it.. there are no absolutes here...I could be 100% in the wrong direction and if I am then that is ok... ill right the ship when the market gives the opportunity


All we can really do is play the probabilities

the weekly numbers show 4529 was a massive level of support... the safeguard if you will of the 4911 on a little longer TF... It was rejected off this level almost 10 times last week significantly and now that we have had a break and close over it odds are that it ill take quite a catalyst to press down significantly below...
very professional.
do you scale in or do you retry often with the same lotsize?
  • #428,237
  • Apr 26, 2011 1:40am Apr 26, 2011 1:40am
Quoting ak4x
Well... me for one. Ever since the first nite you showed your silly little egotistical ar$e a'rd here.

...And managed to get yourself suspended shortly thereafter.

But you already knew that.
lol hey ak what up dog long time no see my accounts a litle bigger now how you been
Ambition
  • #428,238
  • Apr 26, 2011 1:40am Apr 26, 2011 1:40am
Quoting ak4x
Well... me for one. Ever since the first nite you showed your silly little egotistical ar$e a'rd here.

...And managed to get yourself suspended shortly thereafter.

But you already knew that.
just put him on ignore if you dont like him


we are all friends here
  • #428,239
  • Apr 26, 2011 1:42am Apr 26, 2011 1:42am
tp +22 up from 50 so thats +72 for the day I tp it may come back down be careful out there
Ambition
  • #428,240
  • Apr 26, 2011 1:44am Apr 26, 2011 1:44am
back in short
Attached Image (click to enlarge)
Click to Enlarge Name: short.gif Size: 21 KB
Ambition
280 traders viewing now