Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

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

  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Quoting indotrader
the home sales is showing a good indicator for the USD, wondering how far it will go bearish,, I hope the PPI data released tomorrow will be a good indicator as will, I don't know but is it possible testing the 1.4680 ??
Tomorrow We have couple of Events for Euro/USD
very Important data for EURO is German Ifo Business. It will give us this pair's direction in London Session.
My strategy is very old and Gold, i will do Money management and will keep buying from Dips.. It wouldn't hurt my account as well if market will go down 1.44 as well
DO some good MM. and Keep buying in DIps. No matter 1.476 level or 1.468 level. I wil never Short because i never open trade against the major Trend.
What is our major trend for this pair?. Every one knows that it's Bullish.
I just sold some short...30 pip SL. Downside seems more rewarding right now.
We can say that one word reigns in forex "MM"

I have two accounts, one with tiny trades for Medium/Long Term trades.
I have only one Trade opened Short 1.4750, I will open new trades only around 1.4940, if breaks 1.51 I will close the trades and will be a looser about my view.
My view for this pair will be for 1.35, I don't know when, but that's my bet, everyone have their bets, some follow the trend others try to catch the knife.
Actually the trend for this pair it is upside, but there is the possibility to see a big reversal this year, if you trade using monthly chart even if price goes for 1.35 it continues Bullish anyway.
I have then other account for daily trades, I try to profit around 30 pips daily.
About my last trade, close it with 2 pips gain, every cent counts!
Now opened another 3 Shorts trades, tiny ones for 3 different targets
Average price 1.48295.
All SL 1.4860.
Targets:
1.4780
1.4750
1.47
all we need for shorts to play out is weak german business forecast and USD inflationary PPI...seems very likely to me. Jut have to avoid be whipsawed out of the position until then.
Quoting TIckerShuffl
all we need for shorts to play out is weak german business forecast and USD inflationary PPI...seems very likely to me. Jut have to avoid be whipsawed out of the position until then.
i am sad to say this but usa can not take any position to control the usd.
its like free floating, they just have to mute if PPI is high and other things.

situation has reached at a point where external countries can dictaminate the future of USD with their so big masses of greenbacks and financiation to usa.
really dont know how usa reached this point in just 6 years.
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
The EUR/USD is aiming for its record high and today's Euro zone economic data is certainly helping to fuel the rally. Despite the slowdown in the global economy, the advance release of Euro zone PMI indicates that the economy is still holding strong, which may lend a bullish tone to next week's economic data.
becarefull. I wil keep buying only, No matter 1.476 .. My targets are 1.4880 for today.. let's see..
Siemen AG of Germany announcing 4000 layoffs. Crossed the wires.

Although supposedly in Wall Street journal, i haven't read y issue yet, so can't for certain, but new/old news.

As far as new highs in Euro, I don't think anyone wins with the Euro too high. They will have no exports to US, which they rely on heavily, and the commodity prices will continue to soar with weaker dollar still.

Time for a dollar rally
Quoting BoredToLoose
I have two accounts, one with tiny trades for Medium/Long Term trades.
I wonder, what is the advantage or purpose in using two accounts ? I mean as far as risk aversion you can limmit yourself to the same losses and total leverage on one account as on two. Also, if you earn money then you can withdraw some of it and use it or save some for when you need it - including if you somehow blow your account. On the other hand, one account also has an advantage of the multiplication factors working for you. If you gain 5% on one account, on two equal accounts you'll just earn 2.5% total and even if you reduce the leverage - still all the gains multiply each other instead of half your money every time and sometimes you'll make trades with higher leverage because you got anough of it free.

Of course, if you're trading through Oanda and want to trade both ways then I see the reason.
On the path to Enrichment.
Quoting Hammad
The EUR/USD is aiming for its record high and today's Euro zone economic data is certainly helping to fuel the rally. Despite the slowdown in the global economy, the advance release of Euro zone PMI indicates that the economy is still holding strong, which may lend a bullish tone to next week's economic data.
becarefull. I wil keep buying only, No matter 1.476 .. My targets are 1.4880 for today.. let's see..
Looks like you'll come up just a tad short of 1.4880... as in at least 50 pips short.
Looks like a triangle formed in the past 6 hours, and I think we're about to finally see some action...
On the path to Enrichment.
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Quoting Jurrasic
Looks like a triangle formed in the past 6 hours, and I think we're about to finally see some action...
Yes... Soon a fine direction wil be chosen by market.. 1.4720 is maximum Donward possible and 1.488 to 1.495 is possible for upward targets.. let's see who wil win this battle.
Bulls or Bear?
I wil keep joining in both way
Quoting Jurrasic
Looks like a triangle formed in the past 6 hours, and I think we're about to finally see some action...
Seeing it on 15 Minute...so far kinda bearish

Hourly just dipped below 20SMA
Something will happen soon.
Ema8,21,50,89,200 together, 200 important if breaks more than 20 pips this ema, further drops is waiting!
Looks very bearish to me, but everything can happen.
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Quoting BoredToLoose
Something will happen soon.
Ema8,21,50,89,200 together, 200 important if breaks more than 20 pips this ema, further drops is waiting!
Looks very bearish to me, but everything can happen.
For me 50/50 .. Depends on Stocks now..
Quoting Hammad
For me 50/50 .. Depends on Stocks now..
Just wait to see triangle break and can be a false break, very nasty, hum!
hanging by thread from the bottom of the 15M 20 SMA

someone get the sissors
Looks up guys
Quoting BoredToLoose
Looks up guys
H4 still holding up, need 1.48 to give way soon, otherwise might be another leg up.
A break out of resistance @ 1.4828 could net you a quick 8 pips setting a T/P there at second resistance. Waiting for a strong break


EDIT: Resistance holds for now. Still in the box
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_43.png Size: 29 KB
Quoting Subdude
Looks like you'll come up just a tad short of 1.4880... as in at least 50 pips short.
Closed precisely where I predicted.
12 traders viewing now