EURUSD | Page 827 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

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

Attachments: EURUSD
Exit Attachments

EURUSD

  • #16,521
  • Jul 28, 2008 5:13pm Jul 28, 2008 5:13pm
I've been long. Interesting squeeze at 11am est on my charts. That squeeze with the US stock market down, gold slightly up and oil up at the time it should have rocketed up with dollar weakness but it didn't. With the US stock market discounted, foreign investers, the big ones have to convert to US dollars to buy in? I just can't believe it would be that simple. It is not making sense to me, so I am looking for an out and will look to next week to start trading again, sad too because some folks are going to make some good money if they figure this one out.
Redefining Reality
  • #16,522
  • Edited 5:52pm Jul 28, 2008 5:16pm | Edited 5:52pm
hope it can help
cheers

Attached Image (click to enlarge)
Click to Enlarge Name: ch3.gif Size: 16 KB
  • #16,523
  • Jul 28, 2008 5:41pm Jul 28, 2008 5:41pm
Been looking at the charts, I've decided to stay in with a TP at 1.5785. SL at 1.5715. After that I might stay out for the rest of the week with ADP and NFP announcements. I say that but I know if I see another opportunity I claim I'm out, but .... well you know.
Redefining Reality
  • #16,524
  • Jul 28, 2008 8:32pm Jul 28, 2008 8:32pm
Quoting Dr.Geppynius
oh dear...a stinker

weak fingers
setup was there and both trades have started to move in the desired direction by now.
Lol I know the situation. Been there done that a number of times. I have been long from 5660, so i am enjoying a few pips of profit. The 5760 region is still proving to be a hassel and We may struggle, however if we can get above here the my take profit is still at 5800.
  • #16,525
  • Jul 28, 2008 8:38pm Jul 28, 2008 8:38pm
Economics: Eurozone may beat Britain to recession

The news from the single currency bloc is bad and the prospects look even worse

Ashley Seager The Guardian,

  1. Monday July 28 2008

Read More: http://www.guardian.co.uk/business/2....globaleconomy

{Promotion Removed}
  • #16,526
  • Jul 28, 2008 9:03pm Jul 28, 2008 9:03pm
Quoting acumen
The economic outlook for Germany remains bleak as consumer confidence declined to the lowest level in five years. GfK AG’s index fell to 2.1 for August from 3.6 in July, the lowest level since June 2003. Soaring energy prices coupled with upwards inflationary pressures have diminished consumer purchasing power. Additionally, record food prices and the U.S. housing slump has decreased demand for exports, also squeezing the economy.

DOWN, DOWN, DOWN... the EURO, the Euro-zone, Oil... etc.


There is where you are wrong. That info can make the currency go up or down. Its all just bs. that news has nothing to do with what is really happening with the e/u. if it drops down again i will be buying more euro
  • #16,527
  • Jul 28, 2008 10:24pm Jul 28, 2008 10:24pm
Quoting piptechnician
Been looking at the charts, I've decided to stay in with a TP at 1.5785. SL at 1.5715. After that I might stay out for the rest of the week with ADP and NFP announcements. I say that but I know if I see another opportunity I claim I'm out, but .... well you know.
I've about same SL but my TP is not set, but I would max out at 1.61-2, a little higher than previous high. Also, probably the NFP will help the EUR
  • #16,528
  • Jul 29, 2008 1:05am Jul 29, 2008 1:05am
whats going on with this pair what made it go down like that soo fast?
  • #16,529
  • Jul 29, 2008 1:11am Jul 29, 2008 1:11am
Quoting treadline
whats going on with this pair what made it go down like that soo fast?
Picking up buyers at 5730
  • #16,530
  • Jul 29, 2008 1:13am Jul 29, 2008 1:13am
Quoting Clouds
Picking up buyers at 5730

dont know about that it could close below dp and continue south. but ohh well time will tell. hopefully will close below dp.
  • #16,531
  • Jul 29, 2008 1:15am Jul 29, 2008 1:15am
if you like fibs take a look at the 38fib line on a 4hr chart. a perfect bounce south from there
  • #16,532
  • Jul 29, 2008 1:21am Jul 29, 2008 1:21am
Maybe a popular Frankie "reversal" before it continues north. Germans are setting up their positions.
  • #16,533
  • Jul 29, 2008 1:31am Jul 29, 2008 1:31am
Looks to me like the market chose a direction.. I'm in, let's see what happens.. would be good to see 5600 again.
On the path to Enrichment.
  • #16,534
  • Jul 29, 2008 1:41am Jul 29, 2008 1:41am
Quoting Jurrasic
Looks to me like the market chose a direction.. I'm in, let's see what happens.. would be good to see 5600 again.
or we might end up with 1.5790/800
Fools Rushing
  • #16,535
  • Jul 29, 2008 1:45am Jul 29, 2008 1:45am
TWYS - Trade what you see
On the path to Enrichment.
  • #16,536
  • Jul 29, 2008 2:01am Jul 29, 2008 2:01am
Quoting Jurrasic
Looks to me like the market chose a direction.. I'm in, let's see what happens.. would be good to see 5600 again.
The direction hasnt changed.
  • #16,537
  • Jul 29, 2008 2:08am Jul 29, 2008 2:08am
EUR is coming down,,
  • #16,538
  • Jul 29, 2008 2:12am Jul 29, 2008 2:12am
Quoting FxApasionado
EUR is coming down,,
Why do you say so? It's been since London open, and is almost at day high. Wouid be interested in seeing your analysis.
Expected the unexpected
  • #16,539
  • Jul 29, 2008 2:15am Jul 29, 2008 2:15am
here we go. the charge.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: longsagainthisweek.gif Size: 45 KB
Click to Enlarge Name: longsagainthisweek2.gif Size: 43 KB
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,540
  • Jul 29, 2008 2:16am Jul 29, 2008 2:16am
Germany"s DAX may already be down around 1.1% but this is seen as a reflection of the continued fallout from global stock markets. Local inflation remains in focus in FX markets at present, with the latest Saxony CPI data (+0.6% M/M & +3.6% Y/Y) currently being digested.
Spot continues to edge higher and EUR/USD has now managed to push into the 1.5750"s with 58 the reported highs. However, the supply into the 1.5760"s will now look to limit the topside and keep potential for fresh volatility muted. Standing orders are in play into the 60"s but IFR is of the opinion that the offers into the 1.5790"s may offer the pair slightly more resistance.
Fools Rushing
280 traders viewing now