EURUSD | Page 829 | 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

  • #16,561
  • Jul 29, 2008 2:22am Jul 29, 2008 2:22am
Quoting mystified
Technically İt looks like Oil is in oversold territory and bottoming.How would that effect EURO ?
IMO Oil is overbought since at least January this year..hence the current correction...will it effect the EUR...you bet.. (read stronger USD)


Just my 2 cents...
  • #16,562
  • Jul 29, 2008 2:24am Jul 29, 2008 2:24am
Ok taking the advice several of you posted, I looked at the world markets. Asia, Europe and Americas, almost everything is down. At one time I thought this would be a good signal that money would start moving into carry trades but that does not seem to be taking place. My guess (I said guess because I don’t have a clue), is that most of that kind of money is what has already moved into the carry trades. I'm not saying I believe this, just theorizing, but could the speculative side of the currency market be "waterlogged"? Could we be looking at range bound trading for months?
Redefining Reality
  • #16,563
  • Jul 29, 2008 2:33am Jul 29, 2008 2:33am
hey guys ! what do you think .isn't it a good place to go long 1.5725/35 ?
Fools Rushing
  • #16,564
  • Jul 29, 2008 2:34am Jul 29, 2008 2:34am
Nice rising wedge pattern on 1hr. Resistance @ ~.5786 If the wedge breaks i might consider shorts, but i would like it to go higher and touch the descending 4hr UTL. Lets see how this plays out.
Attached Image (click to enlarge)
Click to Enlarge Name: euro_h1_risingchannel_290708.gif Size: 33 KB
  • #16,565
  • Jul 29, 2008 2:36am Jul 29, 2008 2:36am
Quoting MTF Test
hey guys ! what do you think .isn't it a good place to go long 1.5725/35 ?
Why go long when the current trend is down? Better short from the top or play a breakout if it happens. Price might be looking for a touch of weekly ascending channels LTL as well. But you can trade safe in that wedge if you know what ure doing.

Cheers!
  • #16,566
  • Jul 29, 2008 2:41am Jul 29, 2008 2:41am
Quoting belekas
Why go long when the current trend is down? Better short from the top or play a breakout if it happens. Price might be looking for a touch of weekly ascending channels LTL as well. But you can trade safe in that wedge if you know what ure doing.

Cheers!
what time frame that you see the current trend is down? Daily? Last 2 days were bullish. Monthly? Last year is bullish.
  • #16,567
  • Jul 29, 2008 2:42am Jul 29, 2008 2:42am
Quoting belekas
Why go long when the current trend is down? Better short from the top or play a breakout if it happens. Price might be looking for a touch of weekly ascending channels LTL as well. But you can trade safe in that wedge if you know what ure doing.

Cheers!
Thank you. sir . but as per my analysis it's still a bullish bias.if it breaks 1.5720..i'm with you.if not i'm gonna sell rallies to 1.5790/80 level.

cheers.. what a kind chap to give an opinion.thanks again.good 1.

peace out..
Fools Rushing
  • #16,568
  • Jul 29, 2008 2:44am Jul 29, 2008 2:44am
Quoting sooperthug
still long also, man this is boring.
its her habit when facing NFP
  • #16,569
  • Jul 29, 2008 2:45am Jul 29, 2008 2:45am
Quoting MTF Test
Thank you. sir . but as per my analysis it's still a bullish bias.if it breaks 1.5720..i'm with you.if not i'm gonna sell rallies to 1.5790/80 level.

cheers.. what a kind chap to give an opinion.thanks again.good 1.

peace out..
I have no bias. I dont expect the market to give me anything, i just take what the market has to offer. Remmember, chart is your bible!

Best luck in trading...peace...
  • #16,570
  • Jul 29, 2008 2:53am Jul 29, 2008 2:53am
Quoting kirana
its her habit when facing NFP
i can agree w/ that
  • #16,571
  • Jul 29, 2008 3:43am Jul 29, 2008 3:43am
it looks like it is a good point to enter here. at 1.5730

entry : 1.5730
Sl: 1.5715
Tp: possible break above 1.5758 or the (38.2) fibbo .
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
  • #16,572
  • Jul 29, 2008 3:47am Jul 29, 2008 3:47am
i am currently long with take profit at 1.57449 and stop loss at 1.57267
  • #16,573
  • Jul 29, 2008 3:47am Jul 29, 2008 3:47am
Quoting got pips?
it looks like it is a good point to enter here. at 1.5730

entry : 1.5730
Sl: 1.5715
Tp: possible break above 1.5758 or the (38.2) fibbo .
yo ! same here ..we'll wait n see..i got a scalping trade .. but i would suggest if you can lock your TP below 1.5750.

peace...
Fools Rushing
  • #16,574
  • Jul 29, 2008 3:49am Jul 29, 2008 3:49am
Well closed my bigger move short, this thing doesn't look enthusiastic at all. Will also consider it again below 720.
On the path to Enrichment.
  • #16,575
  • Jul 29, 2008 3:56am Jul 29, 2008 3:56am
i was wondering if we can reach 1.59620,...or is this just 2 much to ask....anyway thats what parabola ind. on dailly charts wona tell me...
its just money
  • #16,576
  • Jul 29, 2008 3:57am Jul 29, 2008 3:57am
big news U.S. this week US GDP ( 3.0%) should come in strong...also dropping oil should boost consumer confidence, the EURO ZONE is starting to show signs of weakness.. the last time I read these forums the big debate was if the EUR/USD would break 1.50.....I wouldn't just count on the charts for this pair this week.. big news week.. could see some big moves....
  • #16,577
  • Jul 29, 2008 4:03am Jul 29, 2008 4:03am
Quoting de123
i was wondering if we can reach 1.59620,...or is this just 2 much to ask....anyway thats what parabola ind. on dailly charts wona tell me...
1.72-1.74 on friday, NFP is going be horrible
  • #16,578
  • Jul 29, 2008 4:05am Jul 29, 2008 4:05am
Quoting Joe2920
big news U.S. this week US GDP ( 3.0%) should come in strong...also dropping oil should boost consumer confidence, the EURO ZONE is starting to show signs of weakness.. the last time I read these forums the big debate was if the EUR/USD would break 1.50.....I wouldn't just count on the charts for this pair this week.. big news week.. could see some big moves....
no disrespect.it's still a debate.matter of fact news hasn't release yet.
Fools Rushing
  • #16,579
  • Jul 29, 2008 4:17am Jul 29, 2008 4:17am
Quoting Clouds
1.72-1.74 on friday, NFP is going be horrible
that would be too perfect,...mah its holidays, u cant expect 2000 pips move......its almost forbiden...now seriously,..1.5710 is the lowest it will go,..then up again above the 70s devil...i hope...lets see
its just money
  • #16,580
  • Jul 29, 2008 4:20am Jul 29, 2008 4:20am
nice i got smoked.lol
DISCIPLINE IS THE KEY TO SUCCESS!!!:nerd:
499 traders viewing now, 1 is registered:
tehboy