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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

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NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
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EURUSD

1 3 0......h my god.

Soon.
Quoting emda
10 pips more for my target 1.3050 ! come on!

1.3060 was Bottom !!!!

at least for today I hope...
It has been falling pretty hard for months now, no surprises today. Hard to say if it will continue this free fall, maybe take a breather soon with the US elections?
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Quoting mokonni
1.3060 was Bottom !!!!

at least for today I hope...
Ouch !
Quoting SpecialEd
Hello All,

Just curious, can someone confirm for me what prices we are looking at for next lows? I have the following:
1.2860 - 1/12/07
1.2482 - 10/13/06
1.1826 - 2/27/06
1.1640 - 11/15/05

Just looking ahead and would appreciate some validation.

Thanks
Close enough for government work.
Quoting acumen
Close enough for government work.
Thanks Mike.
Up or down, gimme a ticket
Quoting eraserhead
!?!? what's this 100 pips south in these hours!?!?

edit: ok is dow
.... 1.3122, went some more pips up, and then KABUM!! Drop continuation!
I add two more shorts at 1.3122 and 1.3133.

LONGS INTRADAY, TODAY, NO ALG!!!!
Quoting Algirdas
Stops for retrecmant are today's lowers and highs

NOW, do not be confused:
Our Main Trend EUR/USD is Short, but temporary we do Hedging. When market moves 300 pips we easy can take 400 pips.
Do not Close no one Short position. Just take some temporary profit in Asion-Euro sesion from very Intraday Long.
I did not move Stops to ENTRY for Intraday Long I lost 15 pips, but do not close our morning Shorts, Hold as much as you can from 1.3267
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Quoting ak4x
Hey kuj, always good to see you drive by...

Favor to ask.. can you find out whose cell phone service Jack Bauer has? Mine stinks.
Ahhh, movie magic buddy ! ;-) Can't reveal our secrets !

damn..... where's this gonna bottom out ?
maybe we can get a nice retrace to short her again ?
back to work....
Next Target after retrecmant, Update for retrecmant I'll try to make later
EUR/USD 1.2961
GBP/USD 1.6527
AUD/USD 0.6615
NZD/USD 0.6025

USD/CAD 1.2283
USD/CHF 1.1647
USD/JPY 98.75
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Quoting ak4x
Here we are at an interesting level. Under any other circumstances, I'd expect a healthy retrace... These aren't any other circumstances. They are what they are, and relentless is the best word I know for them. I'd go out and slam my mouse hand in the car door a few times if I had any inclinations to go long this morning even tho I have some technical reasons to consider doing so.

EJ is turning into such a no brainer anymore...

... when your carefully crafted and analyzed EU trade suddenly goes Tango Uniform on you for no apparent reason, go find a yen cross chart, and you'll probably find your reason.

EJ is CURRENTLY parked on IT'S 138% extension. It's penetrated once two weeks ago, tapped it the second time last week, and penetrated it by nearly 80 pips already this week. I'm looking for the 162% ext on that pair, and you can guess what that means for EU...

... this is all kind of thrown together, and I normally like to sit on these kind of posts for a bit before submitting them...
Well huh. Just got back from my endless ceiling fan and leaky pipe duty. The widows all think I'm the greatest thing since heavy duty mint flavored poligrip....

I've been feeling a little worried all day since posting the above quoted post earlier this morning as I really hadn't thought it out very well, and was concerned it came across all cranky or something. I'd love to say I saw this waterfall coming, but nope I sure didn't. Just the potential for it, and that's not news. Or shouldn't be.

Those of us who seem to be in the "eternally short club" have all been saying this for weeks now, until everybody is sick of it I'm sure.

Forget the 162 % extension on EJ being something for down the road, it's only 40 pips away, and as I cautioned... you can now see what that meant for EU. Gy is 100 pips from retesting the old LOW from OCT 10 and likely on it's way to making a new one soon. Sure, things can change fast, but so far they really haven't...

I took a medium short look at the retraces that seemed to be completing just as I was leaving this morning and added shorts from 3200 manually (plus a 3210 limit sell) on EU and 33.50 on EJ. That's currently +450 pips and not done yet. Easiest trades I've made in days. I look at all the effort and risk going into these position longs that get knocked a'rd here and I guess I don't get it anymore... I sincerely hope everyone was on either the right side of that waterfall or had tight stops in.

My point somewhere in here is that yes my system was initially giving me some preliminary reasons to consider going long this AM. Some medium and longer term indi's were showing a turn or about to potentially confirm one over the next few hours(as will happen after long periods of ranging). I could easily have said, "Yep, good place to get in early."

But the paraphrased words of the closest example I've ever had to a teacher (Dove Alliance) were ringing in my ears... "Focus.. Grasshopper." Which being interpreted means "when things are out of synch, be patient." So I looked at some fundies that I believe to be true, zoomed out further on some TF's for the technical side, spun around real fast 3 times, and saw no reason to not go short.

I think I need to be real clear here, except for the retrace indi, the main component of my 3 trades this morning were fundamentally based. Period. Every trader here looked at the same price charts I did and went short, long, or stayed home. Regardless of what system you're using or how well it works, there are simply times you have to decide what you're really seeing when you look at something. These are those times. And they are relentless.
FUBAR...
Quoting FOURX
Am i the only one who never understands Algidras' posts?

i wish i could
Why? I've never really studied them, but if he's having to hedge...

If you're following those trades and you miss one of his posts here, then methinks you could be in a mess pretty fast... I tried hedging once. It was ugly.

I'm also sure it was not a genuine hedge, just my desperate attempt to avert disaster. I did manage to double the disaster tho. about it now. And no, it wasn't monopoly money either.

Signals services and this kind of forum don't really belong in the same sentence. jmo.
FUBAR...
a small retrace during asian than even lower? I made some good profit today but now not sure where to go. I am a newbie and would like to keep my profits for a little while anyways. Should things slow down a bit now? Just speaking out loud
small at 1.3063

MACD histogram divergence on daily. It can give false readings as it has to sometimes test extremes, but usually will come back into line.

With markets settling a bit, libor / credit markets getting in line and with all the EURO negative news reaching a fever pitch, perhaps a short term bottom is in.
back in short on the retraces at 3064 EU, 31.28 EJ... +3 SL.
Attached Image
FUBAR...
Ladies and gentleman, prepare for MAJOR reversal around this level.
confluence arguments

- 38.2 fib level dated from 22.10.2000
- 0% fib level fits perfectly here on price action when drawn from 1.6030 highs
- good support history
- divergence on most daily oscilators
Quoting TIckerShuffl
small at 1.3063

MACD histogram divergence on daily. It can give false readings as it has to sometimes test extremes, but usually will come back into line.

With markets settling a bit, libor / credit markets getting in line and with all the EURO negative news reaching a fever pitch, perhaps a short term bottom is in.
All my signs is to see 1.2900 soon.
Quoting ak4x
Why? I've never really studied them, but if he's having to hedge...
I don't think he's hedging as a security measure, he seems to be doing both long term and intraday trades.

Hedging is awfully dangerous and one does almost always end with a higher loss than if just closing the losing position on time.
as some others have said, I'm long at 3050.
Buy Limit with tight SL hit.
Was a Daily S/R area and one I thought might hold and has so far.
We'll wait and see what comes about but alot of TF's show some bullish Divergence and all this run down, has to stop up somewhere.
Provided no 'strange' news comes around, we'll see if she runs back up a bit.

3415 would be the 50.0 fib retrace from the last move down from 3744 area.
but, 3625 was a strong S/R area as well, so we'll just have to sit tight and hold on for the ride.

Still scalping up and down depending on 30M trend, but just let shorts run with trailing stops today here at work.

Just out of curioustiy, what are you MACD traders using for inputs ?
short tfs and long tfs ???????

I've been using 5,25,5 on the shorter TFs with pretty good results.
How about longer TFs ?

hope all are well and in good green pips.

kj
Quoting BoredToLoose
All my signs is to see 1.2900 soon.
I can handle that...can handle down to 1.28, then I will be adding.
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