EURUSD | Page 1292 | 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

  • #25,821
  • Aug 31, 2008 2:46pm Aug 31, 2008 2:46pm
Quoting forex killer
It's quite unusual to see Eur shoot up so rapidly on sunday guys I think Europeans will fire this thing much higher oil is now 115
You must be looking at Brent North Sea.

NYMEX is WTI Light Sweet and is @ $117.80
  • #25,822
  • Edited 3:33pm Aug 31, 2008 3:04pm | Edited 3:33pm
Agree about the difference from 2005 and Katrina being a declining economy/demand.

The OIL/NG companies are likely better prepared this time than for Katrina and if there is a supply disruption any lost production may be brought back much more quickly than 2005.

It is an election year and it looks like all the stops are being pulled to get the Republicans into November - that is a personal opinion, but nonetheless there was a recent story floated over a massive Gold/Silver short position taken by JP Morgan, presumably at the service of the FED, so why let a hurricane spoil the Party, and Bush has stated that reserves from the SPR are to be made available..........something that did not happen after Katrina.

There is always a dot connected to another dot in this trading business.

I just don't like the way price is behaving. There is something else besides a hurricane at work. Maybe that's a completely wrong impression, but I can afford to wait and see.
  • #25,823
  • Aug 31, 2008 3:09pm Aug 31, 2008 3:09pm
Quoting SunTrader
You must be looking at Brent North Sea.

NYMEX is WTI Light Sweet and is @ $117.80
Did your broker open yet? Mine (FXsolution) did and I got the long on a discount of 687.
  • #25,824
  • Aug 31, 2008 3:10pm Aug 31, 2008 3:10pm
Quoting roro53
There is always a dot connected to another dot in this trading business.
There is if you are predisposed to look for them.

The reason I was anxious to get (current) Crude quotes/charts, which I now have, is to not worry about other things. Just what the market has to say.

And the market is saying right now, not a big deal. As always, that may change in the blick of an eye.
  • #25,825
  • Aug 31, 2008 3:28pm Aug 31, 2008 3:28pm
Quoting cobraforex
Did your broker open yet? Mine (FXsolution) did and I got the long on a discount of 687.
TradeStation and IB don't open FX till 5:00pm est.
  • #25,826
  • Aug 31, 2008 3:32pm Aug 31, 2008 3:32pm
Quoting malcolmb14
lol .. isn't that just typical !!!

guys and girls watch for this head and shoulders on 4 hour to play out this week ... bears beware

Not ONLY the head and shoulders but massive bullish div rsi and macd

Attachment
alot of talk about oil etc etc .... but forget the news it is designed to mess with you .. do not try to guess where oil is going or where the eurusd is going ... just react to it. Once you start to guess the maket players have achieved what they wanted.

This bullish pattern was very evident Friday and until that bullish rsi divergence on the 4 hour is broken for swing trades I will be looking for long opportunities on the smaller time frames to build a positions
Blogging daily now at www.volume.zone
  • #25,827
  • Aug 31, 2008 3:33pm Aug 31, 2008 3:33pm
I have esignal feeds

1,4689 is price eurusd right now
Blogging daily now at www.volume.zone
  • #25,828
  • Aug 31, 2008 3:36pm Aug 31, 2008 3:36pm
Quoting cobraforex
Did your broker open yet? Mine (FXsolution) did and I got the long on a discount of 687.

I am not trading long till I get a better read on the market ... your entry was right under resistance ... it may get pushed through this if oil start to rip up later

I am waiting for a breakout of 1.4750 , that way I have a safer trade and can get a better read on the buying pressure ( or lack thereof) to get the price to 1.4750. If we do break 1.4750 I have a very safe trade to 1.4800 and maybe higher. However on the approach to 1,4750 I NEED to see consistant buying pressure ... shown by more positive ticks than negative ones on my tradeguider software
Blogging daily now at www.volume.zone
  • #25,829
  • Aug 31, 2008 3:45pm Aug 31, 2008 3:45pm
Quoting malcolmb14
alot of talk about oil etc etc .... but forget the news it is designed to mess with you .. do not try to guess where oil is going or where the eurusd is going ... just react to it. Once you start to guess the maket players have achieved what they wanted.

This bullish pattern was very evident Friday and until that bullish rsi divergence on the 4 hour is broken for swing trades I will be looking for long opportunities on the smaller time frames to build a positions
I know that it is very early to take a position in this moment but I took the risk, I,m shure that there will be an Up move this week and if it doesn't hit my target I will scalp the position.
Larger positions will be taken when the time comes and broken TLs confirm a long.
  • #25,830
  • Aug 31, 2008 3:47pm Aug 31, 2008 3:47pm
Quoting cobraforex
I know that it is very early to take a position in this moment but I took the risk, I,m shure that there will be an Up move this week and if it doesn't hit my target I will scalp the position.
Larger positions will be taken when the time comes and broken TLs confirm a long.
I like long also ...... think you will be ok
Blogging daily now at www.volume.zone
  • #25,831
  • Aug 31, 2008 3:56pm Aug 31, 2008 3:56pm
Quoting malcolmb14
I like long also ...... think you will be ok
Yea, I'm shure the only one who will be short this week is our friend trading801 with a 200 pips SL.
  • #25,832
  • Aug 31, 2008 4:01pm Aug 31, 2008 4:01pm
Quoting cobraforex
Yea, I'm shure the only one who will be short this week is our friend trading801 with a 200 pips SL.

and Acumen .... do not forget him ....(sorry Acumen have to get my digs in when I can)
Blogging daily now at www.volume.zone
  • #25,833
  • Aug 31, 2008 4:13pm Aug 31, 2008 4:13pm
Quoting malcolmb14
and Acumen .... do not forget him ....(sorry Acumen have to get my digs in when I can)
Attached Image
  • #25,834
  • Aug 31, 2008 4:15pm Aug 31, 2008 4:15pm
My long signal is now triggered @1.4690
T/P @1.4771 (1/2 position) and the other half@ 1.4810
Let's see how it play.
  • #25,835
  • Aug 31, 2008 4:16pm Aug 31, 2008 4:16pm
Quoting FXObserver
My long signal is now triggered @1.4690
T/P @1.4771 (1/2 position) and the other half@ 1.4810
Let's see how it play.

now that is a nice call ...... entry and take profit points

good luck
Blogging daily now at www.volume.zone
  • #25,836
  • Aug 31, 2008 4:17pm Aug 31, 2008 4:17pm
Quoting cobraforex

wow that pig must have had teeth whitening
Blogging daily now at www.volume.zone
  • #25,837
  • Aug 31, 2008 4:18pm Aug 31, 2008 4:18pm
i too will be shorting this week if theres a break down, all this gustav talk is leading to assumptions that a push up is going to happen. most likely thats the case but do not abandon your strategies or you will get burned
Different opinions highly valued, ignorant to slander.
  • #25,838
  • Aug 31, 2008 4:23pm Aug 31, 2008 4:23pm
Quoting malcolmb14
now that is a nice call ...... entry and take profit points

good luck
Thanks!!!
Hope it's a nice start of week.
Btw, the sushi people will start trading in few hrs so that may help with their crazy positioning
  • #25,839
  • Aug 31, 2008 4:25pm Aug 31, 2008 4:25pm
Quoting psiholog
i too will be shorting this week if theres a break down, all this gustav talk is leading to assumptions that a push up is going to happen. most likely thats the case but do not abandon your strategies or you will get burned

There are massive bullish signals on 4 hour


head and shoulders and bullish div on 2 indicators
Blogging daily now at www.volume.zone
  • #25,840
  • Aug 31, 2008 4:27pm Aug 31, 2008 4:27pm
Quoting malcolmb14
There are massive bullish signals on 4 hour


head and shoulders and bullish div on 2 indicators

but i agree with do not stray of your stratergy ...

there is also news item that gustav is downgraded to cat 3
Blogging daily now at www.volume.zone
454 traders viewing now