EURUSD | Page 2161 | 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

  • #43,201
  • Edited 12:35am Nov 4, 2008 12:22am | Edited 12:35am
regarding that chart you posted and i posted...well the last 15min candlestick closed outside the channel and the current 15min candlestick is not backing down just yet...we may have a breakout so at this point in time i may get my perfect short entry after all...1.2700 within reach!

out of reach i guess...man i shoulda known to just put a short there with no stop loss...blah...same mistake the second time today

Attached Image (click to enlarge)
Click to Enlarge Name: current.gif Size: 33 KB


Edit:im going to keep on waiting...with the london open and the euro session around the corner...i see 2 good entry points only...either close to that 1.2700 level or the break of this current channel to the downside (psychological 1.2500 level)...either entry will bring good pips and there wont be much room for error...good pippin all
Different opinions highly valued, ignorant to slander.
  • #43,202
  • Edited 12:51am Nov 4, 2008 12:34am | Edited 12:51am
Should it get any higher, here's where I'd stake a SL that it won't get above... that upper BB at 2650, and the Central at 2642 will be hard to break.

It would need help from EJ and that just got rejected very hard at the 30m 34sma/1hr Gann (125.00)

ADD: More to the point, GY just retested the 155.50 level and was also rejected for a quick 50 pips. Inverted hammer forming on the 1hr w/ close below the 200sma (155.10) should tell the tale in next 10 minutes or less.
Attached Image
FUBAR...
  • #43,203
  • Nov 4, 2008 12:52am Nov 4, 2008 12:52am
go to down. I am sell tomorrow.
  • #43,204
  • Nov 4, 2008 1:15am Nov 4, 2008 1:15am
hi traders

euro+cable continued today the usual down move for both
influenced by the long term weakness of GBP+euro against dollar.

i forecast hours ago the continuation of down trend of both and as usual too a minor retrace to the up happened first due to the (news) and then price continue his down trend.

and here is my charts describe my views based on more down trend breakouts .

& i want you my fellow traders to take care of fundamental as you take care of technical :

and to be clear to you
all the buyers and the sellers are here in those threads and you know the forex basic rule
only 20% win and the other 80% loss
so try to figure it out by your mind

if you find most posts talk about retrace that will may happen you will find the price is going down, and if you find most posts talk about the continuation of down trend you will find price is going up .
they call this trick (news).

so trade well and have fun.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1a.gif Size: 15 KB
Click to Enlarge Name: 1b.gif Size: 15 KB
Click to Enlarge Name: 1c.gif Size: 16 KB
  • #43,205
  • Nov 4, 2008 1:16am Nov 4, 2008 1:16am
5min. head and shoulders , target 1.2550, 1.2500
  • #43,206
  • Nov 4, 2008 1:16am Nov 4, 2008 1:16am
This is interesting.. from http://www.cnbc.com/id/27470197

"Swiss Re, the world's second-biggest reinsurer, reported a surprise third-quarter net loss of 304 million Swiss francs ($263.2 million), hurt by investment losses"

Those investment losses were from CDO's... In spite of the extraordinary losses already posted from those things a'rd the earth, don't be misled into thinking that they must be getting close to the end of that tune. There's plenty more where those came from...
FUBAR...
  • #43,207
  • Nov 4, 2008 1:38am Nov 4, 2008 1:38am
i didn't see the hns... could u post your chart?
i see inverted hns now on my 5 mins chart...

Quoting MackS10
5min. head and shoulders , target 1.2550, 1.2500
Money management is good for your health...
  • #43,208
  • Nov 4, 2008 1:43am Nov 4, 2008 1:43am
Entered a short at 1.2822 and got stopped at 1.2633. It's been a good day. I'm out folks. See you tomorrow.
Not all sins are created equal
  • #43,209
  • Nov 4, 2008 1:47am Nov 4, 2008 1:47am
Quoting ak4x
There's plenty more where those came from...
i did find one bit of good news in all that mess...

"The notional value of credit derivative contracts decreased by 6% during the quarter to $15.5 trillion, in part due to industry efforts to eliminate offsetting trades. Credit default swaps comprise 99% of credit derivatives."
http://www.occ.treas.gov/ftp/release/2008-115a.pdf

Hey, it's down to a manageable number now. I guess. Cool.
FUBAR...
  • #43,210
  • Nov 4, 2008 1:53am Nov 4, 2008 1:53am
Go Short with 50 pips SL
TP 100-200 Pips
Suit yourself
  • #43,211
  • Nov 4, 2008 2:12am Nov 4, 2008 2:12am
Psi, for a few minutes, I thought you might actually get your 2700. I would have liked to short again from there myself, but that pesky Upper BB held as usual... so am making do with an add-on at that level.

On another note, I'm cleaning up some outstanding shorts and tucking the best entries in for the next couple days while I see which way the country goes for the next bunch of years. Won't be actively trading tomorrow.

I've always figured R.I.P. can mean either Rest in Peace, or Rest in Pieces...
FUBAR...
  • #43,212
  • Nov 4, 2008 2:16am Nov 4, 2008 2:16am
i'm planning to tuck in short on 1.2668... is it a good idea?
we got some resistance there... and it's on 61.8 fib from the last drop...

please tell me if i'm wrong...
Money management is good for your health...
  • #43,213
  • Edited 2:39am Nov 4, 2008 2:29am | Edited 2:39am
Quoting Jay Walker
Entered a short at 1.2822 and got stopped at 1.2633. It's been a good day. I'm out folks. See you tomorrow.
1.2822 ???
When was that ???
  • #43,214
  • Nov 4, 2008 2:46am Nov 4, 2008 2:46am
hey, wassup bro...
i think it's from yesterday's trade...


damn... got my stop at +5...
Quoting gagakrimba
1.2822 ???
When was that ???
Money management is good for your health...
  • #43,215
  • Nov 4, 2008 3:00am Nov 4, 2008 3:00am
Quoting psiholog
in addition to my previous post i would like to note the update pivot point levels with pivot at 1.2696 re-confirming the importance of that 1.2700 level. on top of that...the trend wall since the 1.32xx high is right around there as well so that area in the ellipse could provide as one of the best entry points for a short position.....patience is key now. Still am looking to load the short gun there but notable resistance has to be proven first with nice candlestick pattern confirmations and no break of that upper trend wall

Attachment

So here we are .
  • #43,216
  • Nov 4, 2008 4:14am Nov 4, 2008 4:14am
seems to be that UP is the word of the day....
  • #43,217
  • Nov 4, 2008 4:38am Nov 4, 2008 4:38am
hope the resistance on around 1.280x is enough to keep it from moving upwards... (for a moment, so i can get 15 pips from that point )
Money management is good for your health...
  • #43,218
  • Nov 4, 2008 4:51am Nov 4, 2008 4:51am
Euro broke the 61.8% fibo from last day high move to todays low !

So probablly going for full 100%retrace to 1.29 ?!?!? WIch is 50%fibo from weekends High and weekend low... or maybe it could go even higher to 61% fibo at 1.30 !!! This if it passes the 38.2% fibo/resistence 1 at 1.28 anyway im adding shorts at this resistances as price goes up since i dont want to loose any big fall

PEace
  • #43,219
  • Nov 4, 2008 5:34am Nov 4, 2008 5:34am
possible channel
Attached Image (click to enlarge)
Click to Enlarge Name: ffbear2.gif Size: 20 KB
Money often costs too much...
  • #43,220
  • Nov 4, 2008 5:46am Nov 4, 2008 5:46am
^^
is it on 1.2805?
Money management is good for your health...
439 traders viewing now