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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

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Attachments: EURUSD
Exit Attachments

EURUSD

I will leave a open short trade at 1.4830 SL 1.4863.
I am seeing a drop to 1.4800 again!

Asian Market will not give more stamina to see Euro Break 1.4840

Sweet dreams!
Quoting BoredToLoose
I will leave a open short trade at 1.4830 SL 1.4863.
I am seeing a drop to 1.4800 again!

Asian Market will not give more stamina to see Euro Break 1.4840

Sweet dreams!

really? 9 pips away
I'm much more interested in what people think about the medium-long term.
I would love to see 1.44-1.45 again in this range before we hit new highs.
Quoting falcon232
I'm much more interested in what people think about the medium-long term.
I would love to see 1.44-1.45 again in this range before we hit new highs.
Well I called a short last week on Eur/Usd, so I think I have to take a step back lol.
Tomorrow's news, should easily play into a short scenerio, but problem is the pair may not react accordingly. Perhaps, that's priced in, or banks just don't care. Artcile in Wall Street Journal talks about possible US raising inflation...DUUHHH. But nobody, especailly the FED, cares one bit.

EDIT entered chart...take with grain of salt: But stoci kinda out of gas...maybe I should be using CCI...anyone have a chart with that indicator on a 4 hour avail?

Difference between last top and this one, last was choppy and made "railroad tracks", this one is condensed (like old school EURUSD) and just tight a drum. No mass selling, buying cycles.

This trade is getting long in the tooth and may be worth dumping...

http://keefermedia.com/content/EURUSD.jpg
Quoting falcon232
I'm much more interested in what people think about the medium-long term.
I would love to see 1.44-1.45 again in this range before we hit new highs.
I'd love to see it keep this range too befor new highs. I love ranged trading.
But we cann't will it to do what we want, only follow what its doing.
Quoting TIckerShuffl
Tomorrow's news, should easily play into a short scenerio, but problem is the pair may not react accordingly. Perhaps, that's priced in, or banks just don't care. Artcile in Wall Street Journal talks about possible US raising inflation...DUUHHH. But nobody, especailly the FED, cares one bit.

EDIT entered chart...take with grain of salt: But stoci kinda out of gas...maybe I should be using CCI...anyone have a chart with that indicator on a 4 hour avail?
Here you go.

Follow the white rabbit. Knock. Knock.
Attached Image (click to enlarge)
Click to Enlarge Name: 4HR-EUR-USD.jpg Size: 239 KB
weekly pivot 1.4768.
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Quoting xxDavidxSxx
weekly pivot 1.4768.
Market can go Short today, We have nice pinbar at daily chart, and 2ndly 1.4766 very Strong support..you can say a cluster over there.. strong support+Weekly pivot there. Pullback is also possible.. Break of 1.4766 wil bring further down... I am also waiting that when price wil reach 1.44 :d Because wana buy heavily from there..
P.S our Daily indicators are Overbought, German IFO and USD PPI very important data today will give us real direction.
Quoting xxDavidxSxx
really? 9 pips away
1.4840/60 Area too tough to break, look how many 4H candles we saw trying to break that area, we may see a very interesting drop here.
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Quoting Hammad
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.
So according to my Plan, I did Buy in Dip today form 1.4785 . and had couple of positions from 1.4800 since yesterday. and as my Old target was 1.4880 .. but now just TPed All at 1.4865.. you see, Dip position gave me Enough pips .. and yesterday trades also closed in profit... i was expecting IFO Good... Now No plans for Eu. Will wait and see if it breaks that resistance, I will Jump for Long.. if not then bearish move will Start and i will wait for dipper dips for going long. Now next is PPI.
today Fed and ECB comments will be interesting.
P.S my 4h,Daily and Weekly Indicators are still Up. 4h changed towards upside after IFO news.
Nice trade.

I had no TP at 1.4778 like I shoulf have to lock in 50 pip, now I am in the red...short EUR non the less.

Not where I want to be right now. All I can do I try to get some juice off the PPi numbers, but they are likely not going to do enough...man, horrible.

Closed short: -33 pip Hmm. Was up 50 pip prior to german news, but get stuck with a loss. too bad...
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Quoting TIckerShuffl
Nice trade.

I had no TP at 1.4778 like I shoulf have to lock in 50 pip, now I am in the red...short EUR non the less.

Not where I want to be right now. All I can do I try to get some juice off the PPi numbers, but they are likely not going to do enough...man, horrible.

Closed short: -33 pip Hmm. Was up 50 pip prior to german news, but get stuck with a loss. too bad...
Sorry to hear about your trade.. Well always Use Breakeven formula, let say, you were 50 Pip profit. Breakeven 20 Pip or 10 Pip.. If trade get close you are still in profit. I always use Breakeven once i know that any high impact is upcoming so i break even my trades.
Best of luck in future.. You wil recover it.. not a big loss.
Quoting Hammad
Sorry to hear about your trade.. Well always Use Breakeven formula, let say, you were 50 Pip profit. Breakeven 20 Pip or 10 Pip.. If trade get close you are still in profit. I always use Breakeven once i know that any high impact is upcoming so i break even my trades.
Best of luck in future.. You wil recover it.. not a big loss.
No biggy. 1.4% of balance.

Getting to be a drag though...treading water for 2 months. The opportunity costs of trading are getting high, at least my real income is done here at the computer, too, so I can do my work and monitor the markets at the same time. Don't see many good trades out there right now.
The problem I see is people want the euro$ to go down so they find what ever supporting analysis they can to support what they want.


Just let the market do its thing, and follow what is is doing not what you want it to do. You must remain unbiased.

Buying on a dip to the pivot in a prevailing up trend was a good solid trade. I did the same thing.

Weekly charts prevail over daily. We are in a weekly chart move so daily doji and hourly charts are going to miss lead.

Right now it must break weekly resistance at 1.4780 to open up the top side.
Quote
MARKET COMMENTARY) Recovery aiming for key 1.4900/1.4970 area. However, expect negative divergence remains intact and leads to downside reversal. Break of 1.4695 should flip pressure to downside for 1.4610/1.4580 and below here confirms bear turn for 1.4365/1.4280.Close above 1.50 however is bullish for 1.52 and likely 1.55+. (NY SUGGESTION: HIGH: 1.4905 LOW 1.4830) Upside focus now on 1.4920. Above offers scope for attempt on ...

Quote
EUR/USD STRATEGY: LONG : 1.4800 - Obj: 1.4965 - Stp:1.4780

RES 3: 1.5010** (Daily channel res
TREND BIAS RES 2: 1.4970*** (Nov 23 high
1-Week Obj: UP to 1.4900 RES 1: 1.4920*** (Jan 20 high
....


Src: http://www.goldessential.com/index.p...d=709&Itemid=1
With a bounce off weekly pivot and a break above the top of the consolidation range of last 2 days, theres no place else to go but up. Fast or slow one can never tell. Use caution and tight s/l (50-60) because turns happen in a blink. Once broke above 1.5000 then theres no way to tell where the end will be.
If price do not reach 1.49 today, farewell 1.4900.

I am suffering now to keep my shorts open.
Quoting xxDavidxSxx
The problem I see is people want the euro$ to go down so they find what ever supporting analysis they can to support what they want.


Just let the market do its thing, and follow what is is doing not what you want it to do. You must remain unbiased.

Buying on a dip to the pivot in a prevailing up trend was a good solid trade. I did the same thing.

Weekly charts prevail over daily. We are in a weekly chart move so daily doji and hourly charts are going to miss lead.

Right now it must break weekly resistance at 1.4780 to open up the top side.
I agree mate, i can only see upside at the moment but im still using a trailing stop so i can enjoy the ride.
"usd is a worthless piece of paper",
bet many world banks around the world are thinking this .

and the destroyer of usa one time mighty future? Mr.Walker....
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