EURUSD | Page 58341 | 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

  • #1,166,801
  • Apr 19, 2020 10:29am Apr 19, 2020 10:29am
Quoting kuroro001
{quote} You are playing on the words then. We talk about strong correlation since the beginning dude. I would prefer and look at correlation above 80%. Bu its up to any traders to choose its poison
I pointed out the numbers, people have to judge for themsleves. I didnt say strong correlation. I excaty said the numbers based on the calculation. I said its not correct to say no correlation.
  • #1,166,802
  • Apr 19, 2020 10:31am Apr 19, 2020 10:31am
Quoting kuroro001
{quote} ...We talk about strong correlation since the beginning dude...
And that's the problem. It's not strong. I already said that. But it's enough to make it worth looking at in my opinion.

I will use whatever info I can to get an edge in the market.
Learn from your mistakes and march on.
  • #1,166,803
  • Apr 19, 2020 10:31am Apr 19, 2020 10:31am
Quoting shahab8b
{quote} you got problem dude. have a good day
Get out of here, go take a chill pill or something. Talking nonsense, I am tired of wannabes traders like you, sharing false information and so on. Go back to trading school and learn how to trade.
  • #1,166,804
  • Apr 19, 2020 10:36am Apr 19, 2020 10:36am
Quoting Techanalyst
{quote} Get out of here, go take a chill pill or something. Talking nonsense, I am tired of wannabes traders like you, sharing false information and so on. Go back to trading school and learn how to trade.
as i said you got some serious mental problem, have a nice day
  • #1,166,805
  • Apr 19, 2020 10:39am Apr 19, 2020 10:39am
Quoting shahab8b
{quote} as i said you got some serious mental problem, have a nice day
Look in the mirror. Stop spreading false information. Sure you put me on ignore list. You lose argument, desperate measure you put people on ignore list,you goof.
  • #1,166,806
  • Apr 19, 2020 10:42am Apr 19, 2020 10:42am
Quoting shahab8b
{quote} I pointed out the numbers, people have to judge for themsleves. I didnt say strong correlation. I excaty said the numbers based on the calculation. I said its not correct to say no correlation.
Then my posts has correlation with the covid19.

Please lets not talk about no sense correlation....thanks
COT: The precious data ignored
  • #1,166,807
  • Apr 19, 2020 10:43am Apr 19, 2020 10:43am
Quoting kuroro001
{quote} Then my posts has correlation with the covid19. Please lets not talk about no sense correlation....thanks
You're going to hurt his feelings, he will put you on the ignore list. He is a goof.
  • #1,166,808
  • Apr 19, 2020 10:50am Apr 19, 2020 10:50am
Quoting kuroro001
{quote} Then my posts has correlation with the covid19. Please lets not talk about no sense correlation....thanks
agreed. at least i'm happy people can go and check the correlation tools and figure out for themselves
  • #1,166,809
  • Apr 19, 2020 11:13am Apr 19, 2020 11:13am
Here is a good link for interpretation of the correlation coeff for people who read our back and forth argument here. People can read and judge for themselves.
https://statisticsbyjim.com/basics/correlations/
  • #1,166,810
  • Apr 19, 2020 11:33am Apr 19, 2020 11:33am
Quoting Techanalyst
{quote} ...Stop spreading false information...
Granted, the negative correlation is not strong, but it's present. If not, then the image below would not display like it is.

Image Source
Attached Image (click to enlarge)
Click to Enlarge Name: Image 030.png Size: 161 KB

It's not spreading false information to point this out. It may not be useful to you, but it is useful to me and apparently some others. There is no need to call people names just because they aren't on the same page as you when it comes to having an opinion.
Learn from your mistakes and march on.
  • #1,166,811
  • Apr 19, 2020 1:10pm Apr 19, 2020 1:10pm
Quoting kuroro001
{quote} Then my posts has correlation with the covid19. Please lets not talk about no sense correlation....thanks
there's actually a lot of correlation to covid19 in the market ^_^
  • #1,166,812
  • Apr 19, 2020 2:16pm Apr 19, 2020 2:16pm
eu is in the sma band range , but usd/chf give us maybe a clue because it's under the band .
i will buy eu when uc bleak last hourly low
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euh1.png Size: 30 KB
Click to Enlarge Name: uch1.png Size: 43 KB
yes yes yes
  • #1,166,813
  • Apr 19, 2020 2:50pm Apr 19, 2020 2:50pm
okay Moty you beat me to it...lol...same analysis...let's see if we are right!

Attached Image (click to enlarge)
Click to Enlarge Name: EU1.PNG Size: 67 KB

Attached Image (click to enlarge)
Click to Enlarge Name: uc1.PNG Size: 73 KB
  • #1,166,814
  • Apr 19, 2020 3:15pm Apr 19, 2020 3:15pm
My H1 view of levels for the week ahead.
I see a possible push North to 1.0920 (1.0970 max as second resistance zone) followed by a drop towards 1.0780...
Attached Image (click to enlarge)
Click to Enlarge Name: MAXJOY FX H1.jpg Size: 207 KB
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #1,166,815
  • Apr 19, 2020 3:28pm Apr 19, 2020 3:28pm
Quoting here2there
{quote} Granted, the negative correlation is not strong, but it's present. If not, then the image below would not display like it is. Image Source{image} It's not spreading false information to point this out. It may not be useful to you, but it is useful to me and apparently some others. There is no need to call people names just because they aren't on the same page as you when it comes to having an opinion.
That's nothing. I would not be spending anytime on looking at BTCUSD and EURUSD and basing decision or one of the decision on that. I would not look at that at all. Correlation for those two, it's just not there and not worth comparing it at all. But it is up to you, it's your charts and money. Trade safe.
  • #1,166,816
  • Apr 19, 2020 3:33pm Apr 19, 2020 3:33pm
Here's a top-down technical perspective on EURUSD. EURUSD price action on the daily time frame printed a bullish candlestick last Friday which was an inside candlestick to the bearish print of Thursday. This is a few pips above the lower boundary of the 1.09900/1.07900 zone, within which the market has been operating in the past two weeks. A significant breakdown of the zone on a daily closing basis is needed before we can have confidence in any southward continuation. On the H4 time frame, price action has rejected the 61.8 Fib retracement zone of the downward swing from 1.14900 to 1.06330. Presently, it is in a northward mode from the 23.6 Fib area,retesting a broken-down rising trendline(magenta) from recent lows. A bounce off the trendline may result in a southward turnaround while a northward breach of the trendline will likely see a retest of the immediate horizontal resistance around the 1.09900 area.

I may be wrong. Stay safe, trade safe.

KP

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily_April 19, 2020.png Size: 49 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4_April 19, 2020.png Size: 46 KB
Do your homework, follow the footprints of smart money
  • #1,166,817
  • Apr 19, 2020 4:09pm Apr 19, 2020 4:09pm
OK, market just opened - no gaps.
Here my M15, chances are to retrace back to Fib 76.4-100 and work it's way up.
Attached Image (click to enlarge)
Click to Enlarge Name: MAXJOY FX M15.jpg Size: 130 KB
Instagram - FX_ELITE_Europe | In Search of #BIG_R | Need No Small Pips
  • #1,166,818
  • Edited 5:50pm Apr 19, 2020 5:19pm | Edited 5:50pm
A couple of points.

Definately a longer perspective on the Euro is useful. I believe the DM was used pre 1999.

For this I attach a longer term image courtesy of Larry Pesavento's show.

Secondly for those who "talk about correlation to Bitcoin" I attach two more charts which I believe dispells this rubbish.

The correlations are a 20 day average.

S.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Euro Long Term LP.png Size: 586 KB
Click to Enlarge Name: BTC vs Euro - Copy.png Size: 58 KB
Click to Enlarge Name: BTC vs DXY - Copy.png Size: 60 KB
  • #1,166,819
  • Apr 19, 2020 5:25pm Apr 19, 2020 5:25pm
Hello all

My opinion Eur/ usd will be down

Usd will remain strong...
  • #1,166,820
  • Apr 19, 2020 5:35pm Apr 19, 2020 5:35pm
Quoting Steve666
A couple of points. Definately a longer perspective on the Euro is useful. I believe the DM was used pre 1999. For this I attack a longer term courtesy of Larry Pesavento's show. Secondly for those who "talk about correlation to Bitcoin" I attach two more charts which I believe dispells this rubbish. The correlations are a 20 day average. S. {image} {image} {image}
No correlation between EURUSD and bitcoins.
153 traders viewing now, 1 is registered:
Spekulanta