EURUSD

Quoting arni

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Well, I think when the europe market will open the EUR/USD will go down..... europe always interpeting different communicates then US ...... see on 30Apr/1May ..... was the same situations...... after FOMC go up....... 8.00 London time, go down ...

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Quoting JgrB

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But 1st May is Labour Day in many European countries and markets are closed.

JgrB

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Quoting FXCapitalist

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it can go either way you can fade it when you see the open candle @ 5pm est have 2 OCO's 15 pips up and pips down from the candle closing price, 1 sell limit 15 pips up with a SL of 15 and tp @ the opening candle, this is due to the tendency of the market to drift at these times. for the EUR/USD to move over 30 pips in tha 2 hr dead session is very rare, do the same with the buy limit 15 pips below the candle closing price after 5pm, sl 15 pips down and tp 15 pips up, it is imperative that you do this 5 minutes after @ 505EST to avoid unecessarily being charged the swap rate at the settlement period at that time.

so here's an example

500PM EST

eur/usd closed at 1.5670 @ 505 so you have a sell limit @ 1.5685 stop loss at 1.5700 TP @ 1.5670 on the other way around you have a buy limit at 1.5655, SL at 1.5640, tp @ 1.5670

make sure both orders are OCO and expire by 7PM EST if they haven't been triggered yet because when asia open this fade technique is invalid at the new current market conditions.




*this is for educational purposes only, consult your financial advisor blah blah blah*

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Quoting Jay Walker

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My order was triggered early this morning @ 5605.

I waited it out when the dip came later in the day. I now locked in some profits.

Slow Stoch on the Daily chart shows that the Euro may go up some more.

How likely is it to go up to 5800 before the end of the week? Anyone?

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Quoting piptornado

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I do not know how to post charts from esignal onto the board, but does anyone agree a bull flag pattern is forming on the 15 min and 1h chart?

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Quoting Pipspur

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Looking at my 15 min chart, I'm not sure that I see a bull flag, just consolidation. It will be interesting to see what happens at the Euro open. MACD has crossed under and is converging on the -0- line.

I think it is setting up for a break at the open; my guess would be up, but we'll have to wait and see. Its had a hard time staying above 1.5670.

For the record, I'm in long at 1.5638, but watching closely.

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Quoting atif

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01:24 EUR/USD: Going Nowhere Fast, EUR/JPY Provides Support Sydney, June 26: The EUR/USD is idling around 1.5670 with profit taking on longs helping to cap while EUR/JPY demand supports. The EUR/JPY has traded to a fresh all-time high at 169.26 in Asia this morning to take out a barrier at 169.25. There is talk of another barrier at 169.50 that will be defended.
The EUR/USD looks poised to move higher, but some analysts are nervous that the case for going long is so compelling it might be too obvious and force a squeeze lower before tracking higher again. A break below hourly support around 1.5655 could see a gap filled towards 1.5615 and that might be a better level to buy, according to some dealers. The EUR/USD trades 1.5668/73. -- [email protected]

I am also long and bullish with Euro/Usd. Expecting At least another 100 pips up by Friday from here.
I think Europe open will set the tone for Euro/Usd.

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Quoting Clouds

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I may be the only one thinking 178 in a few weeks, but going down to 1.5615 before it goes up tonight is not out of the question.

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Quoting atif

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You are not the only one thinking of 178. I am also thinking that Euro will go up to 178 not in a few weeks but in a few years.

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Quoting Clouds

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Moves happen fast. It went from 1.44 to 1.58 in 6 weeks. I have my reasons for why it will happen these next 6 weeks, not later.

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Quoting Clouds

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I may be the only one thinking 178 in a few weeks, but going down to 1.5615 before it goes up tonight is not out of the question.

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Quoting NuckingFuts

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The clouds have spoken!!

http://mesikammen.files.wordpress.co...-badger350.jpg

LONG EURO



No, seriously, I think we may see that retrace then push on higher. Price is still making HH/HL on the 4 hr.

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Quoting Clouds

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I meant 1.78, heh, im short at 1.5680, to 1.5615.

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Quoting Clouds

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I meant 1.78, heh, im short at 1.5680, to 1.5615.

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Quoting Clouds

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Could it be?
Attachment

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Quoting FXCapeDeh

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Do you mean 1.5680 tp 1.5615

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