EURUSD | Page 1855 | 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

  • #37,081
  • Oct 6, 2008 2:41am Oct 6, 2008 2:41am
Quoting FXraider
it is an Option barrier at 1.3550.

JFYI
OPTIONS: Expiries of note for today's 1000EDT/1400GMT cut
* Euro-dollar; $1.3500, $1.3800
ahh, I see now. Cool thanks
  • #37,082
  • Oct 6, 2008 2:43am Oct 6, 2008 2:43am
Quoting altrader
ahh, I see now. Cool thanks
just an update,

Bids remain around $1.3550 (barrier confirmed taken out). A
break below here to open a deeper move toward $1.3535/30 ahead of
$1.3520/15 ahead of $1.3500. Traders note that the $1.3500 level and
$1.3480 are reported to hold further option barrier interest.
  • #37,083
  • Oct 6, 2008 2:48am Oct 6, 2008 2:48am
Quoting FXraider
just an update,

Bids remain around $1.3550 (barrier confirmed taken out). A
break below here to open a deeper move toward $1.3535/30 ahead of
$1.3520/15 ahead of $1.3500. Traders note that the $1.3500 level and
$1.3480 are reported to hold further option barrier interest.
Dude, pardon my ignorance but is there a website or something where we can access this info. This is new to me.
  • #37,084
  • Oct 6, 2008 2:57am Oct 6, 2008 2:57am
Quoting ThePipsMaker
Dude, pardon my ignorance but is there a website or something where we can access this info. This is new to me.
Sorry. Mine was provided by my broker FOC and it is streaming on my trading platform.
  • #37,085
  • Oct 6, 2008 2:58am Oct 6, 2008 2:58am
Quoting FXraider
Sorry. Mine was provided by my broker FOC and it is streaming on my trading platform.
Nah, no worries. Thks
  • #37,086
  • Oct 6, 2008 3:00am Oct 6, 2008 3:00am
Quoting ThePipsMaker
Nah, no worries. Thks
anyway, if I see any useful info, I will post it.

Edit: Since the purpose of this forum is helping each other to trade better, unless I am wrong about this...
  • #37,087
  • Oct 6, 2008 3:40am Oct 6, 2008 3:40am
RTTNews) - President Bush Signs Bailout Bill - Bloomberg Reports

Anybody can tell me this makes USD good or bad. Some news I read, it'll effect the inflation which makes USD worst!
Confusee..???
  • #37,088
  • Oct 6, 2008 3:51am Oct 6, 2008 3:51am
Out of sudden....boom boom boom ----> 1.3400
  • #37,089
  • Oct 6, 2008 3:53am Oct 6, 2008 3:53am
EURO-Dollar: Fundamental levels (orders, options, technicals)
$1.3650 Medium offers
$1.3630/35 Medium offers
$1.3620 Medium offers on approach
$1.3618 Recovery high Europe
$1.3604 ***Current market rate 0842GMT Monday
$1.3575/65 Minor demand
$1.3550 Int.Day, fresh year low (Europe)/Medium demand/Stops
$1.3535/30 Medium demand/Tech
$1.3500 Strong demand on approach/Option barrier
$1.3480 Option barrier
  • #37,090
  • Oct 6, 2008 3:55am Oct 6, 2008 3:55am
Quoting Dzuan
RTTNews) - President Bush Signs Bailout Bill - Bloomberg Reports

Anybody can tell me this makes USD good or bad. Some news I read, it'll effect the inflation which makes USD worst!
Confusee..???

USD by itself is not in a good shape, it is definitely in a bad situation.
But with Eur/Usd, Euro at the other side of the trade, Euro credit crisis is likely to be much worst. They do not have a centralize party to make decision on whatever plan to resolve their credit crisis. Each county is going on their own agenda. On the whole, they could be going down hard!
I'm just moving clouds today - tomorrow I'll try mountains.
  • #37,091
  • Oct 6, 2008 3:58am Oct 6, 2008 3:58am
News:
EUR/USD (1.3630)
European & US sessions forecast levels: 1.3485/1.3830
Trend Sessions: European: Downward
US: Neutral/Downward
Market Focus: 4:30 AM Sentix Investor Confidence.
Daily Strategy: The dollar continues to gain against the euro after the positive news by the agreement of $700 billion rescue plan. The investors are ready to back while the European Union start to suffer by the credit crisis. The European Central Bank probably will cut the interest rates as will forget about the inflation. The economic growth and credit crisis stay priority for the European Union.
  • #37,092
  • Oct 6, 2008 4:18am Oct 6, 2008 4:18am
Quoting awsl
USD by itself is not in a good shape, it is definitely in a bad situation.
But with Eur/Usd, Euro at the other side of the trade, Euro credit crisis is likely to be much worst. They do not have a centralize party to make decision on whatever plan to resolve their credit crisis. Each county is going on their own agenda. On the whole, they could be going down hard!
Thank you Bro..!
  • #37,093
  • Oct 6, 2008 5:12am Oct 6, 2008 5:12am
awsl,
Does it mean that euro would drop soon against Usd the more since they would have more chaallenge in managing their credit issues as against USD?
.....need the response..
  • #37,094
  • Oct 6, 2008 5:21am Oct 6, 2008 5:21am
I'm still long on the EUR/USD from hours ago. gah, what a crappy day for me today. Oh well, I'm still hanging in there and hoping for the EUR/USD to go up to 3668.

I was also burned quite badly with the AUD/USD (still hanging in there). I can't believe I underestimated the impact of the rate cut possibilities for tomorrow.

bah
  • #37,095
  • Oct 6, 2008 5:24am Oct 6, 2008 5:24am
Quoting albashir
awsl,
Does it mean that euro would drop soon against Usd the more since they would have more chaallenge in managing their credit issues as against USD?
.....need the response..

Economics 101 and simple supply and demand would tell you that a mountain of freshly-printed greenbacks flooding the markets is bad for the USD.

That being said, I would agree with awsl's comments. The financial problems have undoubtedly arrived on the EU's shores. The ECB does not have the tools the FED does in America. The ECB does not have a federal budget nor does it have The Treasury to look to for fresh bills, when needed. Their mandate is different then that of the FED in America as well so, yes, on the surface, the crisis could become much worse in the eurozone and have a greater negative impact. These are just my observations, nothing more. I am certainly not an economist nor an expert.
  • #37,096
  • Oct 6, 2008 5:26am Oct 6, 2008 5:26am
Quoting altrader
I'm still long on the EUR/USD from hours ago. gah, what a crappy day for me today. Oh well, I'm still hanging in there and hoping for the EUR/USD to go up to 3668.

I was also burned quite badly with the AUD/USD (still hanging in there). I can't believe I underestimated the impact of the rate cut possibilities for tomorrow.

bah
you are a brave soul my fellow trader....going countertrend.

Good luck...
  • #37,097
  • Oct 6, 2008 5:28am Oct 6, 2008 5:28am
Quoting efgsrl
Economics 101 and simple supply and demand would tell you that a mountain of freshly-printed greenbacks flooding the markets is bad for the USD.

That being said, I would agree with awsl's comments. The financial problems have undoubtedly arrived on the EU's shores. The ECB does not have the tools the FED does in America. The ECB does not have a federal budget nor does it have The Treasury to look to for fresh bills, when needed. Their mandate is different then that of the FED in America as well so, yes, on the surface, the crisis could become much worse in the eurozone and have a greater negative impact. These are just my observations, nothing more. I am certainly not an economist nor an expert.
I don't know. I think that the impact of the 700billion dollar bailout for the US is over stated. We still don't know how that will work and when it's all said and done the banks still have to write those bad debts off and that will take quite a long time.

The credit issues with EURibor and Libor are the biggest concern at the moment and the bailout will take quite some time for it to restore confidence between banks since the actual task of writing those bad debts down will take months probably.

In the EU zone I guess the governments for each individual country will foot the bill and do their own bailouts individually.
  • #37,098
  • Oct 6, 2008 5:32am Oct 6, 2008 5:32am
Quoting efgsrl
you are a brave soul my fellow trader....going countertrend.

Good luck...
not brave, stupid. I've been waiting hours to get out of two bad trades. I thought it would test certain levels during the day but this never happened. Now I'm freaking out because when NY opens in 30min time I see the EUR/USD falling like a rock very quickly.

I will have to terminate the trades in 30min if it looks like it's going down again.

edit: I shouldn't be too harsh on myself though because I did have very good reasons to be long on the EUR/USD. And in truth if it was all done again, I'd probably do it again. My position sizes is what hurt me though today.
  • #37,099
  • Oct 6, 2008 5:35am Oct 6, 2008 5:35am
Quoting altrader
I don't know. I think that the impact of the 700billion dollar bailout for the US is over stated. We still don't know how that will work and when it's all said and done the banks still have to write those bad debts off and that will take quite a long time.

The credit issues with EURibor and Libor are the biggest concern at the moment and the bailout will take quite some time for it to restore confidence between banks since the actual task of writing those bad debts down will take months probably.

In the EU zone I guess the governments for each individual country will foot the bill and do their own bailouts individually.

My comments were overall, general big-picture if you will.

I agree with what you are saying relative to this bailout. At a minimum, its effects will take time to say the least. True, we have no idea on the specific how's and what's yet.

Further agree on the confidence in credit markets issue. Banks are not going to start rolling out the red carpet any time soon. In fact, I think it can be argued that they will hoard cash realized from dumping assets in Uncle Sam's back yard before they invite the newly-weds in to sign those loan docs. What's that going to do to free up credit markets?
  • #37,100
  • Oct 6, 2008 5:36am Oct 6, 2008 5:36am
15M tunnel broke on the north. Does anybody agree?
529 traders viewing now, 2 are registered:
paogeh
,
Kobza1984