EURUSD | Page 1989 | 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

  • #39,761
  • Oct 16, 2008 4:45pm Oct 16, 2008 4:45pm
Thank you!
  • #39,762
  • Oct 16, 2008 4:45pm Oct 16, 2008 4:45pm
Quoting Hissinger
Had my sell limit at 1.3540!

High was at 1.3538! Missed by 2 pips!

Would have already had my 50 pips by now and would have been out. Would have paid for a nice dinner on Saturday night as well.
Sorry to quote myself but I just woke up(Australia) and I'm still annoyed it missed my sell limit by 2 pips.

Would have been my 10th straight winning trade. I suppose that's what I get for playing overly cautious.
  • #39,763
  • Oct 16, 2008 4:49pm Oct 16, 2008 4:49pm
Sold half, sitting on other.

os 20SMA on 15 minute acts as support ... currently around 1.3450... should be good for 100pips
  • #39,764
  • Oct 16, 2008 4:50pm Oct 16, 2008 4:50pm
a better illustration of my previous post including only relevant walls. the current uptrend has clearly defined upper wall...what was previously the lower wall is now the middle wall and the newly formed lower wall. channel theory says when price action sticks to one side of the wall for an extended period...it breaks to the other side of the wall in a big move. thats if the pattern doesnt break down of course. then theres that temporary resistance line...

Attached Image (click to enlarge)
Click to Enlarge Name: current.gif Size: 40 KB
Different opinions highly valued, ignorant to slander.
  • #39,765
  • Oct 16, 2008 5:09pm Oct 16, 2008 5:09pm
Quoting Hissinger
High was at 1.3538! Missed by 2 pips!

Sorry to quote myself but I just woke up(Australia) and I'm still annoyed it missed my sell limit by 2 pips.
Pretend you're bidding on eBay... Don't put your price at an even number or you'll get beat by 2 or 3 cents every time... same in forex. A few pips usually does the trick. Works for SL's and TP's as well.
FUBAR...
  • #39,766
  • Oct 16, 2008 5:11pm Oct 16, 2008 5:11pm
Looking at 5 minute chart going into the Asian session, my outlook is that the price will pop back up to 1.3500 area before plummeting....
Attached Image (click to enlarge)
Click to Enlarge Name: eu 5min #1 10-16-2008.gif Size: 58 KB
  • #39,767
  • Oct 16, 2008 5:13pm Oct 16, 2008 5:13pm
I am just looking at 15 min 20 SMA as support...should bounce, but you never know

EDIT actually OUT whole position

MACD histogram put in lower high on recent climb, so sticking to rules of the indicator (despite using on such short time frame is not very reliable) I am out with modest gains...1.4950 is likely to come, but there will be time to get in again. IMO

Good luck...going out for a drink and perhaps play a couple tunes at an open mic night.
  • #39,768
  • Oct 16, 2008 5:28pm Oct 16, 2008 5:28pm
1 hour chart is in a downtrend.......
Attached Image (click to enlarge)
Click to Enlarge Name: eu 1hr. #1 10-16-2008.gif Size: 68 KB
  • #39,769
  • Oct 16, 2008 5:37pm Oct 16, 2008 5:37pm
You know if I put a trade on and in an hour I make money, as much as I want to ride it out to the target, I just feel better pocketing the money - now
  • #39,770
  • Oct 16, 2008 5:44pm Oct 16, 2008 5:44pm
If this scenario pans out on EJ, my strong expectation is that EU will get drug along with it. This teeters completely on the 30m continuing to play out. My short term and UNCONFIRMED as of yet indi's are turning down. This is still up in the air tho. Initial EJ entry was 137.00

The 8hr is self explanatory. Price has to fail by 7pm CST or this is invalid and back to the table... Ideally, I'd like to see 3580ish (EJ) or lower by 7pm. If correct... big pips on the table imo.

Hour and a half to tell the tale. Lots depends on GY's behavior as well. Price is awful lethargic across the board since running up earlier. Watching all of this VERY closely right now. I'll add to my existing shorts if this confirms later.
Attached Images
FUBAR...
  • #39,771
  • Oct 16, 2008 5:51pm Oct 16, 2008 5:51pm
It's trying. I'll try to sell a few hundred million euros and see if that speeds it up
I've learned a lot from your posts, and always appreciate your feedback and insights. Good luck to you. I'll let my shorts run with a tight stop while I go to the gym and run in my shorts. Good eve/night/morning to all.
  • #39,772
  • Oct 16, 2008 6:01pm Oct 16, 2008 6:01pm
Quoting psiholog
a better illustration of my previous post including only relevant walls. the current uptrend has clearly defined upper wall...what was previously the lower wall is now the middle wall and the newly formed lower wall. channel theory says when price action sticks to one side of the wall for an extended period...it breaks to the other side of the wall in a big move. thats if the pattern doesnt break down of course. then theres that temporary resistance line...

Attachment
the resistance i mentioned was stronger then i thought it would be. it kept price action in check extending the lower wall just a bit more over the passage of time. we finally broke it and momentum up should pick up now

Attached Image (click to enlarge)
Click to Enlarge Name: current.gif Size: 43 KB
Different opinions highly valued, ignorant to slander.
  • #39,773
  • Oct 16, 2008 6:02pm Oct 16, 2008 6:02pm
Quoting Roegen
It's trying. I'll try to sell a few hundred million euros and see if that speeds it up
I'll let my shorts run with a tight stop while I go to the gym and run in my shorts. Good eve/night/morning to all.
Love you canucks!! Someone has to watch our southern borders. Got a hoot out of everyone saying Canada was a foreign country bordering Alaska. More like the lower 48 is a foreign country bordering both of us if ya ask me.. ay?

Bob and Doug are my secret weapon when trading Ucad... I ask them "Long or short guys??" Their answer is always the same... "Longneck for sure ay?"

Trade them on demo only.
Attached Image
FUBAR...
  • #39,774
  • Oct 16, 2008 6:33pm Oct 16, 2008 6:33pm
Quoting ak4x
Bob and Doug are my secret weapon when trading Ucad... I ask them \"Long or short guys??\" Their answer is always the same... \"Longneck for sure ay?\"

Trade them on demo only.
Ak,
What does Bob and Doug thinks of Caribou Barbie?

Sun

  • #39,775
  • Oct 16, 2008 6:35pm Oct 16, 2008 6:35pm
AK4X... where did you get that picture of me and my brother?
Just kidding... It's actually me and my mom.
Had a quick run and saw I also missed a quick run.
  • #39,776
  • Oct 16, 2008 6:45pm Oct 16, 2008 6:45pm
Quoting SunTrader
Ak,
What does Bob and Doug thinks of Caribou Barbie?

Sun

As the token Canadian, I can say that Bob and Doug might make a comment that the caribou is usually judged by its rack and little else. But I'm just speculating.
  • #39,777
  • Oct 16, 2008 6:49pm Oct 16, 2008 6:49pm
Hey... Bollinger pinch looks like it's coming up. Speculation? Are we headed for a change in direction here?
  • #39,778
  • Oct 16, 2008 6:52pm Oct 16, 2008 6:52pm
Quoting Roegen
As the token Canadian, I can say that Bob and Doug might make a comment that the caribou is usually judged by its rack and little else. But I'm just speculating.
  • #39,779
  • Oct 16, 2008 7:02pm Oct 16, 2008 7:02pm
gravestone doji on the hourly close...
  • #39,780
  • Oct 16, 2008 7:03pm Oct 16, 2008 7:03pm
Quoting Roegen
AK4X... where did you get that picture of me and my brother?
Just kidding... It's actually me and my mom.
Now that's classic. I haven't stopped howling yet. Believe it or not, I hadn't heard the caribou barbie thing yet, had to google it. She'd love it imo. You'd have to package her with Iron Dog Ken tho...
FUBAR...
194 traders viewing now