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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

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  • Post #4,841
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  • Feb 29, 2008 4:57am Feb 29, 2008 4:57am
  •  Jurrasic
  • | Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts
Quoting indotrader
Disliked
EUR is bullish now, but if somehow its breached 1.5160 it wil go bearish, and if its breached 1.5074 then it will go bearish testing below 1.5, 1.4971
the move today is bearish, preparing the move for next week, I think
Ignored
I agree, aspecialy considering USD/JPY is probably not done dropping yet and EUR/JPY goes down with it - now looks like it might break a support at 158.6 and at least keep E/U from rising more in the short term...
On the path to Enrichment.
 
 
  • Post #4,842
  • Quote
  • Feb 29, 2008 5:00am Feb 29, 2008 5:00am
  •  th_ngue21
  • | Joined Nov 2007 | Status: Longterm Investor | 193 Posts
It is all trichets fault!

He have to cut the rates!!
Trainee at UBS Investment Banking
 
 
  • Post #4,843
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  • Feb 29, 2008 5:06am Feb 29, 2008 5:06am
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Quoting forexlion
Disliked
EUR/USD will be testing 1.5400 area and then going bearish as per evolving 4 hour charts, a retrace is long overdue now.
Ignored
At 4h Chart Indicators Over bought, but my ABC projection towards upside is till 1.5320 this possible.. if 1.5230 broken.. to the downside 1.51 to 1.50 possible..
anyone using oanda.com broker.. website isn't opening here..
 
 
  • Post #4,844
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  • Feb 29, 2008 5:16am Feb 29, 2008 5:16am
  •  forexlion
  • | Additional Username | Joined Sep 2009 | 8,623 Posts
well i got long positions till 5400 so i am keeping my butts crossed.
 
 
  • Post #4,845
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  • Feb 29, 2008 5:19am Feb 29, 2008 5:19am
  •  newline
  • | Joined Jan 2008 | Status: Member | 51 Posts
i think it's due. as i look at the chart, it looks like there will be a correction.
i don't know how far it will tank, but it sure looks like it will fall.

it may fall under 1.5100.

just my guess.
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  • Post #4,846
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  • Edited 5:28am Feb 29, 2008 5:22am | Edited 5:28am
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Quoting forexlion
Disliked
well i got long positions till 5400 so i am keeping my butts crossed.
Ignored
I wil never short also.. because i always trade with majore trend.. our Major trend is bullish .. i wana take some positions.. but Oanda broker's website isn't opening..
Anyways.. yesterday Bernank remarks was a great shock that Smal Banks can go bankrupt also..
and what the big boys are thinking.. lets talk about Merrill report..
here it is.
, New York-based head of global currency strategy at Merrill Lynch & Co., wrote in a research note today. Merrill forecasts the euro to 'peak' at $1.57 around the end of March.
You see how the Big Boys are thinking about EuroUSd.. they wil take Euro to the 1.57 on the long run.
anyways.. i am worried why oanda's websits isn't opening. can anyone check is www.oanda.com opening or not.
thanks

Edit: just tried again now it's opening.. Now i have downlaoded Desktop Direct platform access.
 
 
  • Post #4,847
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  • Feb 29, 2008 7:19am Feb 29, 2008 7:19am
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
There is a tug -of-war now between bulls and bears. Cann't break pivot and cann't extend past the high and now back to the pivot.

This range could hold today, or a new high not far from this high. And news won't do much but zigzag and make it confusing.
I think today will end in a daily doji, then fall next week. If pivot breaks then maybe a bearish engulfing.
 
 
  • Post #4,848
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  • Feb 29, 2008 7:27am Feb 29, 2008 7:27am
  •  forexlion
  • | Additional Username | Joined Sep 2009 | 8,623 Posts
The current evolving squareoff before weekend close is take eu to 5137
Attached Image (click to enlarge)
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Name: eu.gif
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  • Post #4,849
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  • Feb 29, 2008 8:10am Feb 29, 2008 8:10am
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
Since the high was broke and then pivot broke, this could be the first of an Expanding Flat formation. Labling a,b,c,d,e will determine the break out direction. Befor we can count we need another new high followed by another slightly lower break of the pivot. That would be 5 waves each one expanding further than the last..

edit: expanding flats take peoples money because it is full of false breaks both ways.
 
 
  • Post #4,850
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  • Feb 29, 2008 8:14am Feb 29, 2008 8:14am
  •  TIckerShuffl
  • | Joined Nov 2007 | Status: Member | 2,903 Posts
Hmmmm.

There will be an answer, let it be.
 
 
  • Post #4,851
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  • Feb 29, 2008 8:17am Feb 29, 2008 8:17am
  •  el_gato
  • | Joined Dec 2007 | Status: Member | 15 Posts
Quoting Hammad
Disliked
anyways.. i am worried why oanda's websits isn't opening. can anyone check is www.oanda.com opening or not.
thanks
Ignored
Running well bro..
 
 
  • Post #4,852
  • Quote
  • Feb 29, 2008 8:17am Feb 29, 2008 8:17am
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
Here's chart, This is either expanding flat or a short term reversal top.


http://img339.imageshack.us/img339/7...lateuroas7.gif
 
 
  • Post #4,853
  • Quote
  • Feb 29, 2008 8:22am Feb 29, 2008 8:22am
  •  TIckerShuffl
  • | Joined Nov 2007 | Status: Member | 2,903 Posts
Quoting forexlion
Disliked
The current evolving squareoff before weekend close is take eu to 5137
Ignored
Looks like a divergence on recent highs against the CCI. double top with less ferver.
 
 
  • Post #4,854
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  • Feb 29, 2008 8:26am Feb 29, 2008 8:26am
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
Just so you know, took 2 pips and reversed order just now last min before news.
I guess I should trade with my analysis huh?
 
 
  • Post #4,855
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  • Feb 29, 2008 8:28am Feb 29, 2008 8:28am
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
Wouldn't you swear the market started its move 3 min befor news?
 
 
  • Post #4,856
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  • Feb 29, 2008 8:40am Feb 29, 2008 8:40am
  •  pipsy_2
  • | Joined Feb 2008 | Status: Member | 214 Posts
Quoting xxDavidxSxx
Disliked
Wouldn't you swear the market started its move 3 min befor news?
Ignored
Those feckers know much more earlier. I hate them ! (big boys)
4X is the biggest casino in the world...Open 24h Monday to Friday.
 
 
  • Post #4,857
  • Quote
  • Feb 29, 2008 8:46am Feb 29, 2008 8:46am
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
Quoting pipsy_2
Disliked
Those feckers know much more earlier. I hate them ! (big boys)
Ignored
Yea but sometimes is a fake out and news reverses.
These kind of waves are hard to trade because of uncertainty in the market.
Although it apears to be heading for another run to the top it could be getting a running start for the mid morning news to push it lower.
 
 
  • Post #4,858
  • Quote
  • Feb 29, 2008 8:48am Feb 29, 2008 8:48am
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
closed for a scalp. I just talked myself into an early weekend.

cheers
 
 
  • Post #4,859
  • Quote
  • Feb 29, 2008 9:14am Feb 29, 2008 9:14am
  •  TIckerShuffl
  • | Joined Nov 2007 | Status: Member | 2,903 Posts
and there appears to be a new trendline resistance shaping up.

Very interesting.

50% retracement puts us around 1.50 mark...new number to oscillate around?
 
 
  • Post #4,860
  • Quote
  • Feb 29, 2008 9:17am Feb 29, 2008 9:17am
  •  kharvell
  • Joined Dec 2006 | Status: call me Kevin | 1,263 Posts
Well guys,

It's about that time to enjoy the weekend. Nice trading this week. I'm up about 8% this week.

I'm still long, but watching the currency for a move against me.
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