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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

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EURUSD

Quoting xxDavidxSxx
untill it starts going down its gonna keep going up.

Just figured I'd state the obvious like every one else.

What this means is, the trend is up so we must assume the price will continue up, untill at some point it will show us different.

The price didn't fall back more than 30-40 pips from the high, so theres still a lot of lift in the euro.
[quote=FXStarShip;1875694]I get it now-I've been doing it all wrong!!


Quoting xxDavidxSxx

untill it starts going down its gonna keep going up.
What about sideways?
[quote=Klee;1875817]
Quoting FXStarShip
I get it now-I've been doing it all wrong!!




What about sideways?
went sideways last night, then went up. and sideways the night befor and then went up. Actually been doing that since feb 8th.

So what about sideways?
I know many of you guys do not believe in something called elliott wave, but actually it works for me. So allow me to share little point of view here.

By looking at this chart, eurusd has advanced from recent significant low in clear waves, we are probably in wave 5 of (3), the price dip to 1.5070 is wave 4 of (3).

It is possible that we are near (or already completed) wave 5 of (3). Either way, expect prices to drop eventually in wave 4 or a-b-c correction before making the final impulsive wave number 5 which can ultimately reach 1.55+/-

So right now, i am expecting prices to make a significant correction in the shape of a-b-c to complete wave 4.

In case wave 5 of 3 not ended yet at 1.5230 we will see another spike up but either way, wave 5 is not stronger than wave 3.

Bottom line: euro should dip in a-b-c correction as wave 3 which started the rise from 1.4614 to 1.5230 looks complete. After this corrective pullback euro should rally higher in wave 5 near 1.55.

So i favour buying euro on dips as the rally still has room above 1.52, and probably not going to end until 1.55 or so.
Attached Image (click to enlarge)
Click to Enlarge Name: ew-eurusd.gif Size: 25 KB
really dont know why euro is gaining so much, what the fundamentals apart of the big tongue trichet has....

in usa tons of transnationals, hollywood, electronical research, software advancements home, big music studios, big farm industry, most advanced military forces.
only bad thing is the housing bubbles who has bursted....

and europe also has some problems that for some reasons big media has not said, like in many places housing prices falling. starting to bellieve there is some conspirancy of destroying usa leadership in the world...

only 2 big dogs there are in europe, germany or france, who are also very dinamic, open and prosperous economies.

trichet is responsable for all of this madness. really, and bernanke who looks like works for him, in many speeches saying, europe is not slowing down like usa... (probably like, dont be stupid investors, go put your money there, i want to make crash usa economy, help me.).
Quoting xxDavidxSxx
Here is a wave count on the sideways correction.

If it is a top it would be a quadruple top? Does that happen? It has completed a 5 wave sideways correction that also should signify there will be a final wave up before turning trend. According to elliotte wave any way.

http://img297.imageshack.us/img297/1350/eweuroxe2.gif

I am a firm beliver in EW. Thats how I identified this move from the very beginning.
I only count obvious looking wave patterns. I don't try to count complex waves.
EW works like magic on daily and weekly waves.
Quoting acidguy
really dont know why euro is gaining so much, what the fundamentals apart of the big tongue trichet has....

in usa tons of transnationals, hollywood, electronical research, software advancements home, big music studios, big farm industry, most advanced military forces.
only bad thing is the housing bubbles who has bursted....

and europe also has some problems that for some reasons big media has not said, like in many places housing prices falling. starting to bellieve there is some conspirancy of destroying usa leadership in the world...

only 2 big dogs there are in europe, germany or france, who are also very dinamic, open and prosperous economies.

trichet is responsable for all of this madness. really, and bernanke who looks like works for him, in many speeches saying, europe is not slowing down like usa... (probably like, dont be stupid investors, go put your money there, i want to make crash usa economy, help me.).
LOL, I think Trichet and Bernanke have something going on...
acid. Weak dollar is in best Bernanke interest. Look at the Swissy.. It looks like its going to parity as well.

Bernanke failed. It is not because US dollar has never been week. But USD is registering all-time lows against many currencies which means significant change in sentiment and poor control of the currency in exchange markets.

But again, its in Bernanke interest to have weak dollar regardless of what the president says.
Quoting xxDavidxSxx
I am a firm beliver in EW. Thats how I identified this move from the very beginning.
I only count obvious looking wave patterns. I don't try to count complex waves.
EW works like magic on daily and weekly waves.
Yes, for believers in EW it does magic indeed. I am sure you know euro was going to break 1.50 despite the psycho talk about that barrier, that a b c d e pattern was so clear.

Congrats dude!
[quote=Klee;1875817]
Quoting FXStarShip
I get it now-I've been doing it all wrong!!




What about sideways?
After about 6 Vodka Tonics, I tend to move sideways.
USD Est Non Mortuus
  •  Kokan
  • | Joined Mar 2007 | Status: Should I stay, or should I go | 73 Posts
Quoting acidguy
really dont know why euro is gaining so much, what the fundamentals apart of the big tongue trichet has....

in usa tons of transnationals, hollywood, electronical research, software advancements home, big music studios, big farm industry, most advanced military forces.
only bad thing is the housing bubbles who has bursted....

and europe also has some problems that for some reasons big media has not said, like in many places housing prices falling. starting to bellieve there is some conspirancy of destroying usa leadership in the world...

only 2 big dogs there are in europe, germany or france, who are also very dinamic, open and prosperous economies.

trichet is responsable for all of this madness. really, and bernanke who looks like works for him, in many speeches saying, europe is not slowing down like usa... (probably like, dont be stupid investors, go put your money there, i want to make crash usa economy, help me.).
It is not about crashing USA by Germany and France or EU, but they do not waste their money in crazy war campaign.
Ask your self how much money was thrown all over the world and you might have an answer why is dollar falling.
Good point kokan. Iraq is simple example. Bush got some more important investments. Truly guys, the world is leaning towards europe and Trichet. Germans work hard, they are machines. Here we call them German Machines anyway.
Quoting Kokan
It is not about crashing USA by Germany and France or EU, but they do not waste their money in crazy war campaign.
Ask your self how much money was thrown all over the world and you might have an answer why is dollar falling.
oh man you are another, illuminati!!!, part of the new world order....



hahahaah, kidding bro
The month february is almost done. (Tomorrow I am free)

Looks like there are lots of peoples active in the EUR/USD trading.
I would like to hear who has won this month and who lost?

Think sort of competition. At the end of the year, trader with the most percentage gain (ROE) win the game

Now first me:

January: -508 pips -20%
February: 188 pips 6%

Lets see if I can beat my old record (246% gain YTD 2007 again)
Trainee at UBS Investment Banking
Please share your trading statement at the end of every month here!

Just for the fun!
Trainee at UBS Investment Banking
Quoting acidguy
really dont know why euro is gaining so much, what the fundamentals apart of the big tongue trichet has....

in usa tons of transnationals, hollywood, electronical research, software advancements home, big music studios, big farm industry, most advanced military forces.
only bad thing is the housing bubbles who has bursted....

and europe also has some problems that for some reasons big media has not said, like in many places housing prices falling. starting to bellieve there is some conspirancy of destroying usa leadership in the world...

only 2 big dogs there are in europe, germany or france, who are also very dinamic, open and prosperous economies.

trichet is responsable for all of this madness. really, and bernanke who looks like works for him, in many speeches saying, europe is not slowing down like usa... (probably like, dont be stupid investors, go put your money there, i want to make crash usa economy, help me.).
It's all about bailing out the banks, bro. On the back of the average American...or course.
Quoting th_ngue21
The month february is almost done. (Tomorrow I am free)

Looks like there are lots of peoples active in the EUR/USD trading.
I would like to hear who has won this month and who lost?

Think sort of competition. At the end of the year, trader with the most percentage gain (ROE) win the game

Now first me:

January: -508 pips -20%
February: 188 pips 6%

Lets see if I can beat my old record (246% gain YTD 2007 again)
February (bad): -119 pips about -8%...
Heres one case I do agree with against the trend trade. The gartly has extended to 1.618 circled in green. That pretty much means I place an order.
The nature of this kind of reversal is supposed to be swift. We'll see.


http://img401.imageshack.us/img401/1...roshortrz9.gif
Quoting acidguy
oh man you are another, illuminati!!!, part of the new world order....



hahahaah, kidding bro

You go, Girlfriend! Novus Ordo Mundi
USD Est Non Mortuus
Quoting xxDavidxSxx
Heres one case I do agree with against the trend trade. The gartly has extended to 1.618 circled in green. That pretty much means I place an order.
The nature of this kind of reversal is supposed to be swift. We'll see.


http://img401.imageshack.us/img401/1...roshortrz9.gif
man, you see this alike the 1.33 to 1.41 rally and then the brief reversal?
because if not is like this we going for 1.60...

really from 1.33 to 1.49 seemed like of nature cause all the problems were arising in august. but now even europe is infected somehow.

so we from 1.30 to 1.60 in about a year?
what do you think...
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