EURUSD | Page 1348 | 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

  • #26,941
  • Sep 3, 2008 10:03pm Sep 3, 2008 10:03pm
the only thing i see is a bounce between the current support and resistance...perfect scalping opportunities...at least until one of those gets broken
Different opinions highly valued, ignorant to slander.
  • #26,942
  • Sep 3, 2008 10:05pm Sep 3, 2008 10:05pm
There's a larger downtrend channel in play on hourly starting with first two highs of this fall on hourly as I see it. It looks like we should go down again and oil looks like it could fall quite a distance soon as well, but nothing's certain of course.I believe that break of 471 which you can see how it was in plat before and now's it's the daily pivot - will signal a return to bear land for a while. Of course resistance at weekly s2 at 440 is also a factor.
On the path to Enrichment.
  • #26,943
  • Sep 3, 2008 10:08pm Sep 3, 2008 10:08pm
Quoting 5ysfx
These days we could treat eu like one of equities.

Id like to know ur opinion if u dont mind
Whats ur longer term view for eu nad oil prices 1.36 and 75$ or lower targets ?
I put oil at 85/barrel early next year.

I put this pair at .4300 by years end.

Again... I only play around with long term analysis for sh#ts and giggles.
  • #26,944
  • Sep 3, 2008 10:10pm Sep 3, 2008 10:10pm
Quoting Jurrasic
There's a larger downtrend channel in play on hourly starting with first two highs of this fall on hourly as I see it. It looks like we should go down again and oil looks like it could fall quite a distance soon as well, but nothing's certain of course.I believe that break of 471 which you can see how it was in plat before and now's it's the daily pivot - will signal a return to bear land for a while. Of course resistance at weekly s2 at 440 is also a factor.
i wouldnt put too much emphasis on current candlestick patterns, hourly/whatever, just take a look at 15min chart zoomed out. i see quite a range and you could even say its a head and shoulders with the neckline yet to be broken. or the shoulder to prove this is a false pattern of course
Different opinions highly valued, ignorant to slander.
  • #26,945
  • Sep 3, 2008 10:13pm Sep 3, 2008 10:13pm
Quoting sdapastor
Acumen,

Sorry I really don't know what all of those mean. I am using an IBFX platform and have moving averages as given to me by some one who supposedly made a lot of money and then I just look at the m1 m15 m30 1h d1 to try and figure out what it is going to do.

Holding my own but not getting rich and learning along the way more and more each day.

thanks for asking, any insight?
Learning is more important than earning when you are starting out.

I was just curious about the system you were using.

It seems like a lot of traders on this thread are trading without a system. (ill advised)

Discretionary traders often trade without a system. (Very hard to do at first)
  • #26,946
  • Sep 3, 2008 10:14pm Sep 3, 2008 10:14pm
Hi all, I am new to this forum.

So far, based on hourly chart, the pair was not able to close above the MAE55. Think that this could be a very strong resistance. And it seem that the pair is trying to break it. Got to wait and see.....maybe the market is waiting for ECB talks.
  • #26,947
  • Sep 3, 2008 10:17pm Sep 3, 2008 10:17pm
Btw, I am also in the learning stage. likely to see range trading today, becos of the talk.
  • #26,948
  • Sep 3, 2008 10:18pm Sep 3, 2008 10:18pm
Quoting acumen
Learning is more important than earning when you are starting out.

I was just curious about the system you were using.

It seems like a lot of traders on this thread are trading without a system. (ill advised)

Discretionary traders often trade without a system. (Very hard to do at first)
I would be SOOOOOOOOOOOO lost without a system. Well... probarly not so lost, but I wouldn't be so relaxed either.
  • #26,949
  • Sep 3, 2008 10:18pm Sep 3, 2008 10:18pm
Quoting acumen
I put oil at 85/barrel early next year.

I put this pair at .4300 by years end.

Again... I only play around with long term analysis for sh#ts and giggles.
Thanks for ur opinion

Meanwhile we have triangle play 1M scalping paradise
once again all eyes on oil
will break 110$ or bounce hard ?
Attached Image (click to enlarge)
Click to Enlarge Name: eurotriangle.png Size: 23 KB
  • #26,950
  • Sep 3, 2008 10:21pm Sep 3, 2008 10:21pm
Quoting emda
3 new hurricanes coming after GUSTAV:
HANNA, IKE, and JOSEPHINE

should this affect oil and EURUSD or not?
It should if any of them head toward the off shore platforms in the Gulf.
  • #26,951
  • Sep 3, 2008 10:21pm Sep 3, 2008 10:21pm
Quoting acumen
Discretionary traders often trade without a system. (Very hard to do at first)
Yes, this is what I am finding, that is why I am in this thread to sort of glean what you all are saying to one another to get an idea of what is going on. I don't take it as advice and make decisions on it, I look at it more as confirmation. I already had shorts in, but I put them a little to early and so when it went North I got nervous.... I am okay now though, in the black on most of them.

Thanks,
M
  • #26,952
  • Sep 3, 2008 10:24pm Sep 3, 2008 10:24pm
Quoting 5ysfx

Meanwhile we have triangle play 1M scalping paradise
scalper paradise indeed
Different opinions highly valued, ignorant to slander.
  • #26,953
  • Sep 3, 2008 10:25pm Sep 3, 2008 10:25pm
Quoting Verto
I would be SOOOOOOOOOOOO lost without a system. Well... probarly not so lost, but I wouldn't be so relaxed either.
Me too.
  • #26,954
  • Sep 3, 2008 10:27pm Sep 3, 2008 10:27pm
Quoting sdapastor
Yes, this is what I am finding, that is why I am in this thread to sort of glean what you all are saying to one another to get an idea of what is going on. I don't take it as advice and make decisions on it, I look at it more as confirmation. I already had shorts in, but I put them a little to early and so when it went North I got nervous.... I am okay now though, in the black on most of them.

Thanks,
M
Wise decision.
  • #26,955
  • Sep 3, 2008 10:32pm Sep 3, 2008 10:32pm
Quoting Jurrasic
There's a larger downtrend channel in play on hourly starting with first two highs of this fall on hourly as I see it. It looks like we should go down again and oil looks like it could fall quite a distance soon as well, but nothing's certain of course.I believe that break of 471 which you can see how it was in plat before and now's it's the daily pivot - will signal a return to bear land for a while. Of course resistance at weekly s2 at 440 is also a factor.
Nice analysis.

Agree with every line.
  • #26,956
  • Sep 3, 2008 10:34pm Sep 3, 2008 10:34pm
Looks like oil about to break back 1.09 and 5m and 1m charts setting up for a fall.. Let's see..
On the path to Enrichment.
  • #26,957
  • Sep 3, 2008 10:38pm Sep 3, 2008 10:38pm
hey guys, i was trading GY but i want to start to trade EU. anyone have a system they use that i can test and see if works for me?
  • #26,958
  • Sep 3, 2008 10:49pm Sep 3, 2008 10:49pm
Quoting msheno01
hey guys, i was trading GY but i want to start to trade EU. anyone have a system they use that i can test and see if works for me?
Yeah you can download it at www.doyourownresearch.com they have many system for you to chose from.
  • #26,959
  • Sep 3, 2008 10:50pm Sep 3, 2008 10:50pm
why dun back test your existing system with EU first?
  • #26,960
  • Sep 3, 2008 10:56pm Sep 3, 2008 10:56pm
Quoting emda
3 new hurricanes coming after GUSTAV:
HANNA, IKE, and JOSEPHINE

should this affect oil and EURUSD or not?
Looks like they are gonna miss the oil production area.

http://www.stormpulse.com/fullscreen/current
244 traders viewing now