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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 #562,261
  • Quote
  • Nov 15, 2011 5:05pm Nov 15, 2011 5:05pm
  •  Jackthepiper
  • | Joined Oct 2010 | Status: Member | 219 Posts
Quoting Yuchen
Disliked
Hello JTR,

I see the daily chart that EUR/USD is bearish and USD/CHF is bullish, EUR/CHF is also bullish.. That means even at the short run for a correction that EUR/USD move up may not correlated with a significant drop for USD/CHF, however, if EUR/USD continues to drop, USD/CHF will up more aggressively..

just my 2 cents

good luck
Ignored
much appreciated and thank you for your opinion... look at the eur/chf daily on the chart below. PA looks exhausted around the 200EMA line plus MACD is starting to diverge.The same thing can be seen on the 4hr. Which leads me to believe that that both pairs will move in concert. Of course this doesn't by any means guarantee my outcome will happen. So ill keep a trigger finger on my positions. Thanks again for the heads up
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  • Post #562,262
  • Quote
  • Nov 15, 2011 5:10pm Nov 15, 2011 5:10pm
  •  FXMastermind
  • Joined Nov 2011 | Status: That olī grumpy bastard... | 3,235 Posts
Quoting KiwiTrada
Disliked
I think I like you bro, Fib is correct, many traders look same charts, but see different opportunities, I posted all through October that November would be big sell off, I been defending November Open like crazy, so many trader been try longs here, I been keep my mouth shut, but we have similar picture
No need bring on the bears, they already been busy

Is desicion time for now, if can get through these strong supports, is falling swords, waiting to see how big bounce will be

Trade safe Kiwi
Ignored
Nicely picked top there with your .3790 (+-, canīt see the value) short, well done!
Quant Hedge Fund CEO
 
 
  • Post #562,263
  • Quote
  • Nov 15, 2011 5:14pm Nov 15, 2011 5:14pm
  •  Mr.MaginCole
  • | Commercial Member | Joined Nov 2010 | 630 Posts
Quoting KiwiTrada
Disliked
I think I like you bro, Fib is correct, many traders look same charts, but see different opportunities, I posted all through October that November would be big sell off, I been defending November Open like crazy, so many trader been try longs here, I been keep my mouth shut, but we have similar picture
No need bring on the bears, they already been busy

Is desicion time for now, if can get through these strong supports, is falling swords, waiting to see how big bounce will be

Trade safe Kiwi
Ignored
At the end of the day the only requirement is to make your daily green pip quota right?
 
 
  • Post #562,264
  • Quote
  • Nov 15, 2011 5:24pm Nov 15, 2011 5:24pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting FXMastermind
Disliked
Nicely picked top there with your .3790 (+-, canīt see the value) short, well done!
Ignored
All entries, sl, were posted, 3850ish entries were better, but pin bar on the 11th take out trail by 4pips, hence reloaded retest, the entry you mention is 3786 & 3784 they are both now 1/3 runners, if had crystal ball would still be full lot, but trade plan is protect account 1st hence PB
I trade 4 sync ladies EU AU Cable and Kiwi, all similar positions, November has be very nice for us so far

Kiwi
If you are new to Forex? Say Goodbye to your account!!
 
 
  • Post #562,265
  • Quote
  • Nov 15, 2011 5:38pm Nov 15, 2011 5:38pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting Mr.MaginCole
Disliked
At the end of the day the only requirement is to make your daily green pip quota right?
Ignored
Everyone have different targets, yes we have quota, is monthly, but is not priority.
MM RR is priority, Trade Plan is dictate when and how much equity is secured, sl protection etc etc
Each entry must be zero risk before new entry even considered.

The entries as posted, have already paid their dues, I can either use their equity to off set new entry -sl or do their job as runners, at this stage, moving stops, to above last breached mofu for protection, as stated if these supports break, will initiate trailing, and forget.

Kiwi
If you are new to Forex? Say Goodbye to your account!!
 
 
  • Post #562,266
  • Quote
  • Nov 15, 2011 5:39pm Nov 15, 2011 5:39pm
  •  Kiyani
  • | Joined Oct 2011 | Status: Member | 28 Posts
Quoting KiwiTrada
Disliked
I think I like you bro, Fib is correct, many traders look same charts, but see different opportunities, I posted all through October that November would be big sell off, I been defending November Open like crazy, so many trader been try longs here, I been keep my mouth shut, but we have similar picture
No need bring on the bears, they already been busy

Is desicion time for now, if can get through these strong supports, is falling swords, waiting to see how big bounce will be

Trade safe Kiwi
Ignored
We have too many small bears in the picture, I need to see bigger bears and more of them


Quoting KillerWhale
Disliked
With all respect (hey i told you your short trade might have a chance!),
I think it is hard enough to predict what EU will be in 24 hours from now.
Why worry about the value in a few weeks, let alone a few months from now.
Just google what it will be end of year and you will find anything between 1.29 and 1.39.
So the big traders don't know. Why would you even try?
One simple comment in the EZ can cause a 300 pip move in either direction.

I'm happy enough if I have an idea about the next 24 hours / few days which makes more sense imo.
Ignored


The next 24 hours is a 50/50 - but I feel confident in shorts knowing the overall long term trend is in that direction. Anything can happen in the interim. Who knows how the Asian market playout tonight! I'm thinking consolidations for a while, range trading perhaps and dips towards end of their session and European open.

I'm seeing a double dip which is alarming but still a general bearish outlook. Fundermentals is going in our favour, Greece and Italy are history with Spain and Portugal in the spotlight putting further pressure on the Euro. Italy's 10 yr yield atop 7% again, how long can they tame that beast! France is on a tightrope with the credit rating. Wanting to put a cloak over rating agencies... bad decision, as investors are looking for transparency, not more ambiguity and uncertainy.

Euro is too big a project to fail. Markosy spin can turn on a few crazy bulls, but the fact is there is a long way down before things begin to get better. Just hope there are no shockers from the US during the coming days, weeks. I'd like to end this month and the next with some nice big round figures. I'll join you scalpers in the new year, in the mean time I have other things on my mind.

Happy FX'ing.
 
 
  • Post #562,267
  • Quote
  • Nov 15, 2011 5:58pm Nov 15, 2011 5:58pm
  •  ragnakore
  • | Joined Mar 2007 | Status: Member | 726 Posts
Talks of dividing EU:

European Union (North)
* King Cars
European Confederate (South)
* King Wine

Oh hell..... Civil War
 
 
  • Post #562,268
  • Quote
  • Nov 15, 2011 6:00pm Nov 15, 2011 6:00pm
  •  dfptommyj
  • | Joined Dec 2008 | Status: Member | 214 Posts
we have been the bear market played by European "he said she said" and lately skyrocketing yields of Italian bonds, today wall street put on a weak rally based on pretty good retail sales numbers just to plunge again 30 min before the close, correlation of EUR to equities has been almost 100 % lately, right now we are getting to a point where no news out of Europe is considered a good news, if upcoming US data will show some improvement in this "broken" economy we might see so called Santa clause rally towards the end of the calendar year and EUR might actually get stronger or better say USD will weaken, for now Im still holding to shorts... good luck guys...
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  • Post #562,269
  • Quote
  • Nov 15, 2011 6:00pm Nov 15, 2011 6:00pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting Kiyani
Disliked
We have too many small bears in the picture, I need to see bigger bears and more of them






The next 24 hours is a 50/50 - but I feel confident in shorts knowing the overall long term trend is in that direction. Anything can happen in the interim. Who knows how the Asian market playout tonight! I'm thinking consolidations for a while, range trading perhaps and dips towards end of their session and European open.

I'm seeing a double dip which is alarming but still a general bearish outlook. Fundermentals is going in our favour, Greece...
Ignored
I agree to disagree

All "Big Bears" start as cubs

Daily Whole F&%*&king Clans was waiting

4hr she breached falling wedge, bear power, then start form bull flag, but couldnt achieve 3rd touch utl, bear power, then formed 2nd falling wedge (orange) breached, bear power, then start form bear flag, which was pierced, but bull push back into flag, couldnt achieve UTL pa smacked down and breached 1st bear flag, bear power, then original bull flag, bear power, has retested that LTL of bull flag, and rejected, bear power, this process is now

Like I said, "Bears" have been busy, signs where all there, now is time enjoy their toils, and wait see how far they get

Trade safe Kiwi
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If you are new to Forex? Say Goodbye to your account!!
 
 
  • Post #562,270
  • Quote
  • Nov 15, 2011 6:21pm Nov 15, 2011 6:21pm
  •  twinsummit
  • | Joined May 2008 | Status: FX MONSTER | 375 Posts
Currently,short-term EU created Triangle pattern.Today,if EU able to break up the triangle,then Daily Pivot would be another resistance before the market heading up within 1.3608 or Weekly Pivot as next SR or else we might see sideways below Daily Pivot and previous support around 1.3479.

Twinsummit
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Trade what you SEE, don't trade what you FEEL. Be Smart! - (Webadoi)
 
 
  • Post #562,271
  • Quote
  • Nov 15, 2011 6:31pm Nov 15, 2011 6:31pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting twinsummit
Disliked
Currently,short-term EU created Triangle pattern.Today,if EU able to break up the triangle,then Daily Pivot would be another resistance before the market heading up within 1.3608 or Weekly Pivot as next SR or else we might see sideways below Daily Pivot and previous support around 1.3479.

Twinsummit
Ignored
Nice charts bro agree they same levels, I waiting to see if bear can breach, is big test

Those lows were good rr long opportunity, of course I waiting to see if they fail
If you are new to Forex? Say Goodbye to your account!!
 
 
  • Post #562,272
  • Quote
  • Nov 15, 2011 6:33pm Nov 15, 2011 6:33pm
  •  Chillypiper
  • Joined Sep 2010 | Status: MR. NOBODY | 3,041 Posts
Nice re-cap Kiwi...


http://ts4.mm.bing.net/images/thumbn..._2_xlarge.jpeg
Quoting KiwiTrada
Disliked
I agree to disagree

All "Big Bears" start as cubs

Daily Whole F&%*&king Clans was waiting

4hr she breached falling wedge, bear power, then start form bull flag, but couldnt achieve 3rd touch utl, bear power, then formed 2nd falling wedge (orange) breached, bear power, then start form bear flag, which was pierced, but bull push back into flag, couldnt achieve UTL pa smacked down and breached 1st bear flag, bear power, then original bull flag, bear power, has retested that LTL of bull flag, and rejected,...
Ignored
 
 
  • Post #562,273
  • Quote
  • Nov 15, 2011 6:36pm Nov 15, 2011 6:36pm
  •  Ultimate6
  • | Joined May 2010 | Status: Member | 1,017 Posts
Lets see if we get 3486 for possible long.
 
 
  • Post #562,274
  • Quote
  • Nov 15, 2011 6:54pm Nov 15, 2011 6:54pm
  •  Jackthepiper
  • | Joined Oct 2010 | Status: Member | 219 Posts
Quoting Jackthepiper
Disliked
much appreciated and thank you for your opinion... look at the eur/chf daily on the chart below. PA looks exhausted around the 200EMA line plus MACD is starting to diverge.The same thing can be seen on the 4hr. Which leads me to believe that that both pairs will move in concert. Of course this doesn't by any means guarantee my outcome will happen. So ill keep a trigger finger on my positions. Thanks again for the heads up
Ignored
took a small loss but closed both positions
 
 
  • Post #562,275
  • Quote
  • Nov 15, 2011 6:57pm Nov 15, 2011 6:57pm
  •  KiwiTrada
  • Joined Aug 2009 | Status: Member | 12,448 Posts
Quoting Chillypiper
Disliked
Nice re-cap Kiwi...


http://ts4.mm.bing.net/images/thumbn..._2_xlarge.jpeg
Ignored
Poor fella, last one to the table, if you zoom down you would see all the others with bloated bellies, full of rump steak and testicles

Today is GBP and Yen news, have simple geppy chart, am watching as she relate to ladies, but intervention risk is scary to sell her other than scalp, not interested around here though.
The flag pole was last intervention, as usual it fail
Tempted to do rare long, would be cover for my shorts other ladies, will see, rr is ok
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Name: Geppy 1hr 16 11 2011.png
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If you are new to Forex? Say Goodbye to your account!!
 
 
  • Post #562,276
  • Quote
  • Nov 15, 2011 7:19pm Nov 15, 2011 7:19pm
  •  twinsummit
  • | Joined May 2008 | Status: FX MONSTER | 375 Posts
We will see how Gold will behave today.Based on my analysis if Gold able to break the previous High around 1795.23,we might se a strong Up Trend.However,if it break the Green Trendline,we might expect a down trend or a pull back at 2 support:

1) 1756.00 (1st Support)
2) 1747.52 (2nd Support)


Twinsummit
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Trade what you SEE, don't trade what you FEEL. Be Smart! - (Webadoi)
 
 
  • Post #562,277
  • Quote
  • Nov 15, 2011 7:56pm Nov 15, 2011 7:56pm
  •  happytrader
  • | Joined Oct 2011 | Status: Member | 698 Posts
i can't sense any direction here... are we going up or down today...
 
 
  • Post #562,278
  • Quote
  • Nov 15, 2011 7:59pm Nov 15, 2011 7:59pm
  •  Chillypiper
  • Joined Sep 2010 | Status: MR. NOBODY | 3,041 Posts
Closed all shorts for some CHA-CHING!..Scalp with half taken and looking for next short set up..GL!
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  • Post #562,279
  • Quote
  • Nov 15, 2011 7:59pm Nov 15, 2011 7:59pm
  •  Ultimate6
  • | Joined May 2010 | Status: Member | 1,017 Posts
Quoting happytrader
Disliked
i can't sense any direction here... are we going up or down today...
Ignored
Rule #1 The market carries on in a bull/bear direction forever until it turns.

Sorry can't tell you.
 
 
  • Post #562,280
  • Quote
  • Nov 15, 2011 8:01pm Nov 15, 2011 8:01pm
  •  Ultimate6
  • | Joined May 2010 | Status: Member | 1,017 Posts
Quoting Chillypiper
Disliked
Closed all shorts for some CHA-CHING!..Scalp with half taken and looking for next short set up..GL!
Ignored
I'm looking at exactly the same.
 
 
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