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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

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did oanda just drop its spread for eurusd to 1 pip? 11 replies

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Attachments: EURUSD
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EURUSD

Quoting mikkom
This might be relevant

http://www.reuters.com/article/newsO...49N1XX20081024

China is getting really, really angry.
I don't blame them. Our free markets have been mutated in to a bastion of fraud. Hoever china is not innocent. Last year during the stock market first wave of collapse, dec 2007, while commodity prices had just started to soar, china set up trade policies to tax export of grains and a separate policy to tax exports of high energy consumption in manufacturing materials like steel and other processed metals. NO ONE reported on this and frankly I think it helps spur a lot of the "commodity" bubble.

All I know is I want EURO strength from here
Quoting TIckerShuffl
High of 1.2943??? I'll sell my longs for that price

http://i36.tinypic.com/o9qwx1.gif

where do u get it...??

I have EJ long @117.55

Sonic
Quoting sonicdeejay
where do u get it...??

I have EJ long @117.55

Sonic
http://www.tenfore.com/markets.asp?symbol=EURUSDLITEx
Quoting mikkom
This might be relevant

http://www.reuters.com/article/newsO...49N1XX20081024

China is getting really, really angry.
I’m working in some imports (closes and toys) from China, big sellouts of broken companies, bad : no overseas containers available before xmas.
They are hardly affected.
Quoting cobraforex
I’m working in some imports (closes and toys) from China, big sellouts of broken companies, bad : no overseas containers available before xmas.
They are hardly affected.
Yeah they are focusing on domestic growth, and i think they have the means to grow regardless.
Quoting cobraforex
http://www.tenfore.com/markets.asp?symbol=EURUSDLITEx
Looks like old data? Those rates carry into asia open or they just "special" weekend rates for travelers
Quoting TIckerShuffl
Looks like old data? Those rates carry into asia open or they just \"special\" weekend rates for travelers
The chart is delayed, the rates are ok but can change a lot untill sunday open, hope you can get a good price.
I'm flat at the moment
daily fibs
here we go 1.1700
Attached Image (click to enlarge)
Click to Enlarge Name: 25-10-2008 17-59-18.png Size: 31 KB
Any idea if there will be any gap when the market will open next ?
what actually the price now ?

Thanks in advance .This time I keep 1 trade open trading this gap if any.
fontu
Not understand?never follow my analyses!
So when the market opens on monday is the general concensous that the price is heading up towards 1.2700 or down to 1.1700?

Personally looking at the charts and the possible interest rate cuts in the US and UK (both looking like .5% off) I think things are going way down.
Quoting eddiemiller
So when the market opens on monday is the general concensous that the price is heading up towards 1.2700 or down to 1.1700?

Personally looking at the charts and the possible interest rate cuts in the US and UK (both looking like .5% off) I think things are going way down.
I'm long from 1.17 to 1.99. and more If Chine decides to start to negotiate with Europe directly in Euros as I am reading. This can be the world war III.
Quoting TIckerShuffl
...... free markets ........
......serioulsy if a real free market existed the creators of the debt bubble would have been chewed up and spit out so fast we would never have heard of their existence.

I'm fatigued at corporations having a financial orgy with government reffered to as a free market.

The part of capitalism that seems to have been forgotten is that it requires the government to stay OUT of the economy. Do you really think things could have gotten this far without the blessing of government? Was there any doubt before hand that the profits would be gauranteed while the losses where added to the public debt?
I guess you are referring to the post above - http://www.reuters.com/article/newsO...49N1XX20081024

Whilst that is possible it is very unlikely for China to ditch the dollar. With all their overseas investment (and they have tons of that) they cant afford to devalue the dollar either.

It's a bit of a no win depending on how you look at it, either way China will profit.

I still think that the Euro will drop a few points yet, and with the UK and US central banks looking to devalue in the face of recession it should only drive things down with current market conditions.

I am open at 1.2578 and 1.2615 (current 1.2609) so looking for the after weekend drop which looking at the trend should be around 1.2400, but then I could be wrong.

Any one have any predictions for the first few hours on Monday?
(I am looking at UK open time for the drop)
soros interview
Inserted Video
Quoting emda
soros interview
http://www.youtube.com/watch?v=c25UKzsTUK0
Thanks for that.

Interesting.... however having worked in the media for many years I am a bit sceptical. He does have a book out and this book is built on his beliefs so "he would say that" regardless of it being true or not to you or I.

Bad time to bring out a book that people may not be able to afford with the economy falling off that cliff...... but then he doesn't need the money.

If experienced traders aren't sure then newer naturals may well be lost. What an interesting time to learn for us all.

Eddie
Quoting emda
soros interview
http://www.youtube.com/watch?v=c25UKzsTUK0
totally agree about his comments on energy as the "out of the box" idea. Alterantive eenrgy...the hydrogen revolution!
Hi all ,

Just had a look at my charts and would like to know who agrees with me.

last week eur/usd fell strongly to continuing it's bearish trend till it marked a low of 1.2496. I think 1.2500 is a very important price level. it was a resistance level back in 2005 when it was tested twice, once in august and another time in september before it was broken april 2006 to become a strong support level. The (newly formed) support was tested 3 times in june, july and october before the euro resumed a 2-year strong uptrend.
The price is now back at this level, which should act as a support for a while but it will eventually be broken due to the very strong down trend.
The price maybe testing this level these days which means we could see a retracement, a retest and another retracement before the down trend continues reaching at least 1.2000.

current possible positions :

long @ 1.2670-1.2700 t/p : 1.3100(50% fibo) s/l : 1.2550
[email protected] 1.2400 t/p : 1.2000 s/l : 1.2550

(P.S : I'm neither an expert nor am I trading live so please be as skeptical as you can about my reasoning )
Thinking theres going to be a retracement upwards seeing as how we are coming into some resistance as well as a 50% retrace from the start of this trend years ago, and this last daily candle.

What do you think about going short at 1.3 as well as 1.33 if it goes that high. 1.3766 and 1.39 would be my other choices for resistance, but those seem too far off.
Quoting tulient
Thinking theres going to be a retracement upwards seeing as how we are coming into some resistance as well as a 50% retrace from the start of this trend years ago, and this last daily candle.

What do you think about going short at 1.3 as well as 1.33 if it goes that high. 1.3766 and 1.39 would be my other choices for resistance, but those seem too far off.
Yes, I was going to mention those shorts as well but I completely forgot ! and for resistance I was going to say 1.3600 but it's 1000+ pips from where we are, so maybe lock in profits at 1.2980-1.3000 and use a large trailing stop.
Quoting mtarek16
Hi all ,

long @ 1.2670-1.2700 t/p : 1.3100(50% fibo) s/l : 1.2550
[email protected] 1.2400 t/p : 1.2000 s/l : 1.2550
I think @ the moment we are dealing with the equilibrium formed between June '06 & Nov '06.

And guess what; The Big Players that were happy @ that price are Both/{mostly}All still in The Game.
Now it's time for the Return Leg.

In my calcs, this level is crucial. There will be many thrusts & parries beyond enemy lines but most will be turned aside.
Mortgage Payment Traders MUST tread carefully through this minefield.
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