EURUSD | Page 615 | 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

  • #12,281
  • Jun 27, 2008 4:49am Jun 27, 2008 4:49am
BUY GBP/CHF way too overextended! reversal imminent.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,282
  • Jun 27, 2008 4:49am Jun 27, 2008 4:49am
Right now its a fight for those whom are expecting a retracement around 578x and those whom are looking for a push towards 58xx. For me personally, I think if it does go above 5800 it won't be far before a drop.
  • #12,283
  • Jun 27, 2008 4:51am Jun 27, 2008 4:51am
I see 5850, not sure if today, but within very early next week at least.
  • #12,284
  • Jun 27, 2008 4:54am Jun 27, 2008 4:54am
Quoting HarshFX
Right now its a fight for those whom are expecting a retracement around 578x and those whom are looking for a push towards 58xx. For me personally, I think if it does go above 5800 it won't be far before a drop.

I project, that we shouldn't worry about sell interest until 1.5860~ area. if it doesn't drop there then off to 1.60 we go, other than that if it punches through 1.60 which i doubt it will (we have alot of short interest in that area due to people waiting for it to climb back there, if by some nightmare it punches through that, I say we look towards 2.00 and getting paid in euros from now on.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,285
  • Jun 27, 2008 4:59am Jun 27, 2008 4:59am
Reversal don't you concur.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchfreverse.JPG Size: 146 KB
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,286
  • Jun 27, 2008 5:00am Jun 27, 2008 5:00am
Quoting ScottH
I see 5850, not sure if today, but within very early next week at least.
youre around my vicinity, time to move my orders
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,287
  • Jun 27, 2008 5:05am Jun 27, 2008 5:05am
Quoting FXCapitalist
youre around my vicinity, time to move my orders
Had a good week, over 10%, think I'm done trading this week, besides this last quick gbp/chf buy i put in
  • #12,288
  • Jun 27, 2008 5:09am Jun 27, 2008 5:09am
Quoting ScottH
Had a good week, over 10%, think I'm done trading this week, besides this last quick gbp/chf buy i put in
lol dont listen to my words i hope you didn't act on what I said =] i'm not liable for any losses (gains) in your account
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,289
  • Jun 27, 2008 5:12am Jun 27, 2008 5:12am
At the moment trend is up and just broken upper ressistence at 1.5770 which will targeting to 1.5900.
  • #12,290
  • Jun 27, 2008 5:13am Jun 27, 2008 5:13am
Quoting FXCapitalist
I project, that we shouldn't worry about sell interest until 1.5860~ area. if it doesn't drop there then off to 1.60 we go, other than that if it punches through 1.60 which i doubt it will (we have alot of short interest in that area due to people waiting for it to climb back there, if by some nightmare it punches through that, I say we look towards 2.00 and getting paid in euros from now on.
You know I'll be glad if we get there because I'm currently long but until then we'll see (for today 5860).
  • #12,291
  • Jun 27, 2008 5:15am Jun 27, 2008 5:15am
I don't see why EUR is so much better then USD in the long term.

Oil is expected to retrace back.
Gold is expected to retrace back.

JPY is gaining strength - which is a good sign as it would bring much wanted stability.


My positions are as always hedged, yet I expect USD to gain some strength against EUR in the next week.

Possibly back to 1.54 - 1.535
Gravity always wins
  • #12,292
  • Jun 27, 2008 5:17am Jun 27, 2008 5:17am
Quoting FXCapitalist
lol dont listen to my words i hope you didn't act on what I said =] i'm not liable for any losses (gains) in your account

Don't worry, all the technicals line up great for a 50 or 60 pip bullish move I believe
  • #12,293
  • Edited 5:26am Jun 27, 2008 5:23am | Edited 5:26am
Quoting sol
I don't see why EUR is so much better then USD in the long term.

Oil is expected to retrace back.
Gold is expected to retrace back.

JPY is gaining strength - which is a good sign as it would bring much wanted stability.


My positions are as always hedged, yet I expect USD to gain some strength against EUR in the next week.

Possibly back to 1.54 - 1.535

"If one thing is certain, is that nothing is certain in the markets." -FXCapitalist
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,294
  • Edited 5:26am Jun 27, 2008 5:24am | Edited 5:26am
Quoting ScottH
Don't worry, all the technicals line up great for a 50 or 60 pip bullish move I believe
nice braces jp i think youre doing good on gbp/chf
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,295
  • Jun 27, 2008 5:36am Jun 27, 2008 5:36am
Quoting FXCapitalist
nice braces jp i think youre doing good on gbp/chf

Major trend line must hold. Options barrier also. Am short now.
Attached Image (click to enlarge)
Click to Enlarge Name: vaio.JPG Size: 83 KB
  • #12,296
  • Jun 27, 2008 5:39am Jun 27, 2008 5:39am
Off topic but im good now.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchfhellyea.JPG Size: 146 KB
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,297
  • Jun 27, 2008 5:40am Jun 27, 2008 5:40am
Quoting vaio
Major trend line must hold. Options barrier also. Am short now.
If the TL is broken, that is extremely bullish and 1.6+++ here we come. I still think the market isn't ready for 1.6+ euro. The TL should hold
  • #12,298
  • Jun 27, 2008 5:41am Jun 27, 2008 5:41am
I got my hotkey ready for that soon. I think it's about time for the pair to return to my 333 and 777 MA's, the lack of price movemen't at this time is screaming price exhaustion.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,299
  • Jun 27, 2008 5:51am Jun 27, 2008 5:51am
short it now.
"Diversification is an excuse for a lack of talent" ~FXC
  • #12,300
  • Jun 27, 2008 6:00am Jun 27, 2008 6:00am
I will wait till 14:30 ECT. See what data USA has to offer and when the price is in the right direction and somewhere near 1.57 I will go long over the weekend.



It looks that oil will jump again and there is nothing to stop it.
1,223 traders viewing now