EURUSD | Page 56795 | 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

  • #1,135,881
  • Sep 28, 2017 5:54am Sep 28, 2017 5:54am
Quoting giveachance
{quote} 250 pip fall in a week does not qualify for a uptrend.
It may call fora retracement however.
Humans are naturally hardwired to avoid and detest uncertainty.
  • #1,135,882
  • Sep 28, 2017 5:56am Sep 28, 2017 5:56am
I'm not much of the 'believer' type. But as I was filling in details for my order, Karen-O's song 'I Shall Rise' started playing.

A sign?
Humans are naturally hardwired to avoid and detest uncertainty.
  • #1,135,883
  • Sep 28, 2017 5:56am Sep 28, 2017 5:56am
Quoting CannonScout
{quote} True. Idk, I guess because I've been bearish (and still am) the price action confirmed my view and given me confidence...perhaps too much. Having said that, I'm not averse to placing a Sell order at 1.1790
1.1810 is my line in the sand. If rejected we will probably see lower low on h1. Otherwise god help the bears.
  • #1,135,884
  • Sep 28, 2017 5:57am Sep 28, 2017 5:57am
Quoting Stillearnin
{quote} Yes it does if you look at Daily. On h1 it's debatable whether the trend is up or down because the high from 1.21 made a lower low below 1.1822 which was a solid low.
1.1722 you mean. are you sure that it is a solid low bcoz in my opinion it will be tested again tomorrow or next week
  • #1,135,885
  • Sep 28, 2017 6:00am Sep 28, 2017 6:00am
Quoting Snowden
Taking EurAud long here
Closing it for 130 pips
  • #1,135,886
  • Sep 28, 2017 6:02am Sep 28, 2017 6:02am
Quoting Stillearnin
{quote} Well we dropped because the high at 1.21 is solid so the market was bearish for a while. But yesterday the price tried to make a base and today it retested it. So if you look at Daily, this is actually a higher low after a high in an uptrend. Because we are in uptrend. Now if this higher low actually makes a higher high, it's debatable.
make sense to me....good post Still

on the hourly.... yesterday prices broke finally that steep TL which backed the latest bear trend....today prices pulled back towards the recent low but in a form of a falling wedge or bull flag..

Often when a major TL is broken like in this case traders will look to reverse the trend with a LL, a double bottom or a HL......

The falling wedge and the break about it formed the HL.

Now as you said if this is a major reversal, it's debatable.
trading is simple but is simple is not easy.
  • #1,135,887
  • Sep 28, 2017 6:02am Sep 28, 2017 6:02am
Quoting giveachance
{quote} 1.1722 you mean. are you sure that it is a solid low bcoz in my opinion it will be tested again tomorrow or next week
1.1822. After 1.1822 which was a good low we made a higher high. That got broken on h1, so you could speculate that h1 is bearish right now. But h1 is big brother Daily is the father. Who do you listen to?
  • #1,135,888
  • Sep 28, 2017 6:05am Sep 28, 2017 6:05am
Quoting Stillearnin
{quote} 1.1822. After 1.1822 which was a good low we made a higher high. That got broken on h1, so you could speculate that h1 is bearish right now. But h1 is big brother Daily is the father. Who do you listen to?
Whichever one is correct. lol
Humans are naturally hardwired to avoid and detest uncertainty.
  • #1,135,889
  • Sep 28, 2017 6:06am Sep 28, 2017 6:06am
Quoting CannonScout
{quote} Whichever one is correct. lol
  • #1,135,890
  • Sep 28, 2017 6:06am Sep 28, 2017 6:06am
Quoting Stillearnin
{quote} 1.1822. After 1.1822 which was a good low we made a higher high. That got broken on h1, so you could speculate that h1 is bearish right now. But h1 is big brother Daily is the father. Who do you listen to?
Although, on a more perceptive note, I disagree with that analogy. They are not different entities.

It's like asking an arm vs the leg. Y'know what I'm sayin?
Humans are naturally hardwired to avoid and detest uncertainty.
  • #1,135,891
  • Sep 28, 2017 6:09am Sep 28, 2017 6:09am
Quoting giveachance
{quote} 250 pip fall in a week does not qualify for a uptrend.
He's right and you're wrong. Get over it and go to babypips to start learning
  • #1,135,892
  • Sep 28, 2017 6:13am Sep 28, 2017 6:13am
Quoting Snowden
{quote} He's right and you're wrong. Get over it and go to babypips to start learning
Babypips will send you backwards. Made an account and deleted it in a day.

Go to a LIBRARY! Wealth of knowledge and an underused resource.
Humans are naturally hardwired to avoid and detest uncertainty.
  • #1,135,893
  • Sep 28, 2017 7:03am Sep 28, 2017 7:03am
I think back to 1.1750 before going up again. I will buy there..
  • #1,135,894
  • Sep 28, 2017 7:10am Sep 28, 2017 7:10am
Quoting zapiron
I think back to 1.1750 before going up again. I will buy there..
I'l take the other side.

edit: not being cocky. Simply exposing my view, that way I can't change it later to suit the press.
Humans are naturally hardwired to avoid and detest uncertainty.
  • #1,135,895
  • Sep 28, 2017 7:17am Sep 28, 2017 7:17am
Weird setup...still sideline, even on usdcad and usdjpy

To me its just a retrace, if i'm wrong i'm happy to sit on my hands
COT: The precious data ignored
  • #1,135,896
  • Sep 28, 2017 7:18am Sep 28, 2017 7:18am
Quoting CannonScout
{quote} I'l take the other side. edit: not being cocky. Simply exposing my view, that way I can't change it later to suit the press.
Mind to elaborate your view?
Fundamental provide Volume, Technical shows Direction
  • #1,135,897
  • Sep 28, 2017 7:28am Sep 28, 2017 7:28am
Long cable and loony thru news no SL . Free money
  • #1,135,898
  • Sep 28, 2017 7:34am Sep 28, 2017 7:34am
Quoting Snowden
Long cable and loony thru news no SL . Free money
Where's my free money lol ... -7 atm ... holding ...
  • #1,135,899
  • Sep 28, 2017 7:49am Sep 28, 2017 7:49am
Boring day...not much to do

Hopefully NY does something
COT: The precious data ignored
  • #1,135,900
  • Sep 28, 2017 7:53am Sep 28, 2017 7:53am
Quoting Snowden
{quote} Where's my free money lol ... -7 atm ... holding ...
FBI are looking for you. what secret do you have for the USD
494 traders viewing now, 1 is registered:
loricca