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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

Attachments: EURUSD
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EURUSD

1 = today
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Back to business..

For newbees..how to trade upcoming NFP News & bit later Oil Inv.

Simple...DON'T..

IMO..do not "gamble" on forecasts...watch market reaction...wait for 2nd wave when market choosing final direction, then enter upon...better make less profitable pips..then loose a lot on a gamble...

Just my 2 cents...
Quoting Shadowfx
Good morning DE123,

Any "orders" for today......hows the bike...
TIP:
It rides better "downhill"...(read bearish) then "uphill" (read bullish)...called gravity...
the bike is a downhill bike....so yeah...it betters rides down...
its just money
Quoting Shadowfx
Back to business..

For newbees..how to trade upcoming NFP News & bit later Oil Inv.

Simple...DON'T..

IMO..do not "gamble" on forecasts...watch market reaction...wait for 2nd wave when market choosing final direction, then enter upon...better make less profitable pips..then loose a lot on a gamble...

Just my 2 cents...

Very appropriate advice, but your link to the ADP chart was far more compelling. Thanks for sharing.
Up or down, gimme a ticket
Whoa.. now those are positive numbers, strangely anough. Should push it down strong allright. I'll buy some in the 530-540 area if it gets there..

Quoting Shadowfx
Simple...DON'T..

IMO..do not "gamble" on forecasts...watch market reaction...wait for 2nd wave when market choosing final direction, then enter upon...better make less profitable pips..then loose a lot on a gamble...

Just my 2 cents...
Great advice.
On the path to Enrichment.
Quoting Jurrasic
Whoa.. now those are positive numbers, strangely anough. Should push it down strong allright. I'll buy some in the 530-540 area if it gets there..

Whoa is right. Glad I'm a short term short.
As I said earlier, the NFP on Friday should be very strong and the ADP numbers today certainly sustain that.

So the stock market normaly will raise in anticipation putting pressure on EURUSD and raising USDJPY. Of course if this will happen then on Friday we will have profit taking and this way EURUSD will witness a correction. But until then it should push bellow 1,5551 and maybe even touch 1,54.
1.556 to be tested now ...lets see....Down trend is strong...but so is resistance...
Quoting Shadowfx
Back to business..

For newbees..how to trade upcoming NFP News & bit later Oil Inv.

Simple...DON'T..

IMO..do not "gamble" on forecasts...watch market reaction...wait for 2nd wave when market choosing final direction, then enter upon...better make less profitable pips..then loose a lot on a gamble...

Just my 2 cents...
Quick question Shadow. I was just wondering...in your experience...when you see a sharp push down like what we just saw--we know that there was a lot of panic and selling of the Euro. It was a lot of momentum down.

On average though..when you see a sharp swing down or up or whatever by news..would you say that on average (the short term trend--approx 1hr) will follow that swing? (in the current case, a big swing down).
Quoting seesaw
Whoa is right. Glad I'm a short term short.
WOW, i cant believe how good those numbers were! Now we will see whats next, is the eurusd going to be bearish?
Quoting freetrader
1 = today
That picture/model looks interesting. where can I find such analisys ? Thanks!
Pre-market players are strong stocks now. Also gold down over $1.00 right now. Looks good for shorts. Don't know how much oil can affect this today.
Redefining Reality
Common euro, 535 and I push the buy, mucho pips! Common!
On the path to Enrichment.
Quoting altrader
Quick question Shadow. I was just wondering...in your experience...when you see a sharp push down like what we just saw--we know that there was a lot of panic and selling of the Euro. It was a lot of momentum down.

On average though..when you see a sharp swing down or up or whatever by news..would you say that on average (the short term trend--approx 1hr) will follow that swing? (in the current case, a big swing down).
Quick, short but not complete answer, cause it depends on a lot more...market sentiment and how close you are to major up or downside resistance..and if there is more news to follow...will have final impact on short term trend
If you were a bull would you panic right now and what would that do to the price. Or do you wait for oil and hope?
Redefining Reality
Quoting Shadowfx
Quick, short but not complete answer, cause it depends on a lot more...market sentiment and how close you are to major up or downside resistance..and if there is more news to follow...will have final impact on short term trend
Thanks Shadowfx
Quoting piptechnician
If you were a bull would you panic right now and what would that do to the price. Or do you wait for oil and hope?
No. The lower trend line of this whole dowtrend from 1.6 and the Daily 100 ema and a smaller upwards Daily channel lower trend line (from about the past 2 months) all pass around 5530. So no reason for panic, reason for buying when it gets closer, my personal opinion of course.
On the path to Enrichment.
Minimum 200pips short this time ?
set for myself tp 1.5364 to 1.5302 for now .

fontu
Not understand?never follow my analyses!
Quoting coldrecs
That picture/model looks interesting. where can I find such analisys ? Thanks!
If you have a statistical analysis package, or you can use www.r-project.org an open source statistical analysis package R is a free software environment for statistical computing and graphics. It compiles and runs on a wide variety of UNIX platforms, Windows and MacOS. I used splus. Then you can obtain your data and build the ARIMA model regressing 20 periods to generate the chart with a 5 day forecast window.
NFP came not only better than forcasted, but also in the negative to negative number! What longs on EUR????

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