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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

down to 0.997 then up to 1.02
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Quoting ashur123
down to 0.997 then up to 1.02 {image}
agree

Anyway what is that analysis with those circles? never seen that one before
You won't be able to find a simple mathematical equation to describe the relationship between market psychology and price... the 50% approach is just as difficult... all just talk about possibility and probability
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All my analysis is based on Wyckoff Methods
Next week, it is worth noting the publication of the minutes of the last meeting of the ECB and the price index for personal consumption spending in the US. US personal consumption spending growth is expected to slow down and this could put pressure on the dollar earlier in the week.
Remove your inconveniences
Dow
EUR/USD bulls:
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don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
holly shit, people keep trading against the trend and that's why most traders advice 70% of people there loose money
Quoting ForexGoose
EUR/USD bulls: {image} {image}
ok ... from the data .......still bears dominant
All my analysis is based on Wyckoff Methods
Here's my take on the EURUSD, from the technical perspective of a medium-term swing trader. EURUSD price action on the daily time frame turned bearish after making a 61.8 Fib retracement of the 1.06360/0.99380 bearish swing several days ago. We can expect further bearish move, perhaps to retest the 0.99380 multi-year horizontal support (green).

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
Quoting KeenPips
Here's my take on the EURUSD, from the technical perspective of a medium-term swing trader. EURUSD price action on the daily time frame turned bearish after making a 61.8 Fib retracement of the 1.06360/0.99380 bearish swing several days ago. We can expect further bearish move, perhaps to retest the 0.99380 multi-year horizontal support (green). I may be wrong. Trade safe and prosper. KP {image}
An interesting view from a quarterly graph:
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Quoting ashur123
down to 0.997 then up to 1.02 {image}
Oh man! This is so RADICAL! A giant whirlpool in the Price-Time continuum sucking the fortunes and lifeblood from many a trader, yielding to no man --whether seasoned professional or naive newcomer, brave of heart or weak of mind--this creature consumes one and all alike.
The markets are speaking to you. Do you know their language? I M T
Big Psych level at parity. I'm looking for 99.5 followed by 97.JMO
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Quoting mallee
Big Psych level at parity. I'm looking for 99.5 followed by 97.JMO
A return to risk-off trading and hawkish Fed speak helped the US Dollar rebound last week, while EU economic concerns and geopolitical tensions with Russia are once again weighing heavily on the Euro.

As a result, the pair broke trendline support coming from the July lows and could now be on track to retest parity. This is of course, as you mentioned, a huge psychological level, so it wasn't surprising to see the pair find support there last month, possibly on a host of buy limit orders getting filled and shorts taking profits. However, things could be different this time around, and a break below 1.000 may open the door for a steep decline.

It is important to remember that all trading carries risk, especially as this week's US housing market data, PCE Price Index, and the Jackson Hole Economic Symposium, are all likely impact the greenback, and by extension, EUR/USD's direction. Either way, it will be interesting to see how the pair trades this week.
must be vigilant (keeping careful watch for possible danger or difficulties.), when the price reaches parity level
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if daily candle today close below 0.99519 ... then EURUSD will play below parity for long time

always remember .... buy when price at relative lower price ........... sell when price at relative higher price
always remember .... don't buy when price at relative higher price ........... don't sell when price at relative lower price

UP TREND = SIDEWAYS / TRADING RANGE ==> PHASE D ==> SMA 20 CROSS ABOVE SMA 200 (SEE BIAS FOR CONTINUATION TREND)
DN TREND = SIDEWAYS / TRADING RANGE ==> PHASE D ==> SMA 20 CROSS BELOW SMA 200 (SEE BIAS FOR CONTINUATION TREND)

RETRACEMENT CAN BE HAPPEN (IN NORMAL MARKET) WHEN PRICE RELATIVE SO FAR AWAY BETWEEN SMA 20 WITH SMA 200 ... SO USE BOLLINGER BANDS PERIOD 200, STANDARD DEVIARION 1,2,3 ... TO SEE RELATION ABOUT RELATIVE NEAR OR SO FAR AWAY (OLIVER L VELEZ SAID = GHOST TRADER) BETWEEN SMA 20 WITH SMA 200 ... THIS MY SOLUTION TO SEE ABOUT RELATIVE NEAR OR SO FAR AWAY
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REMEMBER, PRICE MOVEMENT IN WAVE, CYCLE PRICE AND TREND
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PRICE MOVES IN WAVE, SO RANGE OF TREND VERY IMPORTANT TO CALCULATION ...
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SO LOGIC WE MAKE MUST RATIONAL, YOU CAN USE THE PRINCIPLE EVEN IN M1 CHART (OLIVER USE IN M2, STOCK MARKET)
THANK YOU FOR THE SUBSCRIBE FRIENDS GIVE TO MY FROFILE IN THIS FF FORUM
IF YOU NEED MY EXPALAINATION, HOPELY YOU ENJOY
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All my analysis is based on Wyckoff Methods
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Quoting ashur123
down to 0.997 then up to 1.02 {image}
hi, i still think it tho
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Not all deaths are the same.
in economic terms, i guess they are selling more gas and oil then ever, and people have to buy USD to purchase it, but the US economy doesn't seem that healthy and the interest rates that high and the USD that high (drives exports down) don't seem like a recipe to success. I would be surprises if the US economy doesn't start a serious dive really soon

but just looking at the charts i say down, and i decided some time ago to trade in what i see in the charts, so i expect the pair to drive past parity very soon and continue to go down, until i see something different. But expect a correction up when it hits the last low point.

Have a good week and lots of pips
Quoting hesron
{image} After Breakout, usually there is a retest in normal market ... even if eurusd rises (uptrend) ... then it is a necessity, interests of Fed and ECB ... and supported by Big Banks - Institution (black rock-horizon) (Tier 1) .... {image}{image} GOOD PRICE DIRECTION FOR BEARISH CONTINUATION {image}


Not really, if you'd gone short about a year ago at the 50 < 200 MA cross and kept your position till today you'd have a great profit, unlike most 'in and outers' with this 15 minute charts smothered in lines going in all directions.

Having a position open for a year isn't 'sniping'.
Quoting JauntyLoon
{quote} Not really, if you'd gone short about a year ago at the 50 < 200 MA cross and kept your position till today you'd have a great profit, unlike most 'in and outers' with this 15 minute charts smothered in lines going in all directions. Having a position open for a year isn't 'sniping'.
This is not a serious problem for daily/weekly traders who enter and exit on small timeframes, but for the longer term trader this problem can be solved with the right risk management. Agreed
Feels right this time!
Quoting JauntyLoon
{quote} Not really, if you'd gone short about a year ago at the 50 < 200 MA cross and kept your position till today you'd have a great profit, unlike most 'in and outers' with this 15 minute charts smothered in lines going in all directions. Having a position open for a year isn't 'sniping'.
why not combine both? you'd be letting money in the table for not reacting on the several retracements.
GM. EUR/USD continues to decline, but a strong decline is not expected. While the fall limit is at the level of 1.00. There is a high probability of a bounce up and a transition to a flat. This week the data on inflation in the US will be published, which promise to show a slowdown in inflation and this may weaken the dollar.
Remove your inconveniences
Dow
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