EURUSD | Page 2427 | 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

  • #48,521
  • Dec 5, 2008 5:03am Dec 5, 2008 5:03am
Quoting Shadowfx
Good morning all,

Still a bear...
Update

Phase [email protected] (Daily Pivot) completed

Next target:
T1: 1.26635 (MS1)
T2: 1.26020 (S1) Yesterdays start of the break out..

Daily pivot to be tested now..if it holds we might see consolidation before USA session and Non-Farm + Unemployment figures

DJI once again could be the surprise of the day...

As usual..just my 2 cents...
  • #48,522
  • Dec 5, 2008 5:09am Dec 5, 2008 5:09am
Quoting Shadowfx
Update

Phase [email protected] (Daily Pivot) completed

Next target:
T1: 1.26635 (MS1)
T2: 1.26020 (S1) Yesterdays start of the break out..

Daily pivot to be tested now..if it holds we might see consolidation before USA session and Non-Farm + Unemployment figures

DJI once again could be the surprise of the day...

As usual..just my 2 cents...
You're amazing man...
  • #48,523
  • Dec 5, 2008 5:15am Dec 5, 2008 5:15am
German Factory orders large drop...INVESTMENT goods show the biggest drop...read "bye bye confidence you tried to create yesterday Trichet"...figures do not lie..

Germany is one if not the leading economy in Europe..

Just my 2 cents...
  • #48,524
  • Dec 5, 2008 5:16am Dec 5, 2008 5:16am
Quoting Shadowfx
German Factory orders large drop...INVESTMENT goods show the biggest drop...read "bye bye confidence you tried to create yesterday Trichet"...figures do not lie..

Germany is one if not the leading economy in Europe..

Just my 2 cents...
Right Shadowfx but bad figures in non farm empl.change and rate could even start a new bull move towards @1.2800...
  • #48,525
  • Edited 5:21am Dec 5, 2008 5:19am | Edited 5:21am
Quoting Shadowfx
Update

Phase [email protected] (Daily Pivot) completed

Next target:
T1: 1.26635 (MS1)
T2: 1.26020 (S1) Yesterdays start of the break out..

Daily pivot to be tested now..if it holds we might see consolidation before USA session and Non-Farm + Unemployment figures

DJI once again could be the surprise of the day...

As usual..just my 2 cents...
Shadow,

just jumped ship on a long from .2775 due to 5m and 15m looking oversold...I wanted to hold for the 61.8 (.2665) retrace but that's another story...1hr and 4hr setting up nicely too...would you care to guess what kind of retrace, if any, will?? I would like to short again @ .2755...

thanks,

mm
He who hesitates is hesitant....which always leads to bad entries.
  • #48,526
  • Dec 5, 2008 5:22am Dec 5, 2008 5:22am
Quoting Legio_Ulpia
Right Shadowfx but bad figures in non farm empl.change and rate could even start a new bull move towards @1.2800...
As I said this morning..and stated before..yes its possibility..we will see bull runs in between going down further...

Please once again..I stated this just before the fall at 1.6, when everyone shouted..we will break up more..and this lone ranger went short.....The MAJOR fundamental still is..USA tries to get out of recession..Europe is sliding into one...

Do the maths...

Just my 2 cents..
  • #48,527
  • Dec 5, 2008 5:25am Dec 5, 2008 5:25am
Quoting Mackeymax
Shadow,

just jumped ship on a long from .2775 due to 5m and 15m looking oversold...I wanted to hold for the 61.8 (.2665) retrace but that's another story...1hr and 4hr setting up nicely too...would you care to guess what kind of retrace, if any, will?? I would like to short again @ .2755...

thanks,

mm
The answer is there already..Daily pivot is your key figure..if it fails to break upwards...down we go...if it breaks up solid..we might see another bull run...
  • #48,528
  • Dec 5, 2008 5:26am Dec 5, 2008 5:26am
Quoting Shadowfx
As I said this morning..and stated before..yes its possibility..we will see bull runs in between going down further...

Please once again..I stated this just before the fall at 1.6, when everyone shouted..we will break up more..and this lone ranger went short.....The MAJOR fundamental still is..USA tries to get out of recession..Europe is sliding into one...

Do the maths...

Just my 2 cents..
Thanks Shadowfx
  • #48,529
  • Dec 5, 2008 5:33am Dec 5, 2008 5:33am
Another important remark to keep in mind...market already build in bad figures for Non Farm..I only expect a figure lower then -400 to have a larger then expected impact...

Just my 2 cents...
  • #48,530
  • Dec 5, 2008 5:33am Dec 5, 2008 5:33am
Quoting Shadowfx
The answer is there already..Daily pivot is your key figure..if it fails to break upwards...down we go...if it breaks up solid..we might see another bull run...
guess I'll get a ticket for the NFP's and hope for a bad show...ha ha.

thanks,

mm

p.s. it will be one crowded theater, goiong for some coffee and popcorn....
He who hesitates is hesitant....which always leads to bad entries.
  • #48,531
  • Dec 5, 2008 5:54am Dec 5, 2008 5:54am
first scale out on eu at 100 pips, and 80 on EJ.

Gy still in a coma or something...
FUBAR...
  • #48,532
  • Dec 5, 2008 5:55am Dec 5, 2008 5:55am
Good morning traders.

I enjoy reading your posts. I learn a lot here.
Just one question.
could you breifly explain the correlation between DJ, DAX (or other European indexies) and EURUSD pair?

As I understand when DJ goes down USD goes up (EURUSD chart goes down). But why? What about DAX and EURUSD?

Thanks
  • #48,533
  • Dec 5, 2008 6:03am Dec 5, 2008 6:03am
This just came in from the platform I use...hope it helps.

"...Crude Oil at 44.25: Some shortcovering today after Thurs 6% sell off. For now though the upside seems capped around 45.30 followed by 47.25. The risk firmly remains on the downside where $40 is getting closer and closer. For many that has up to now been the line in the sand but as ML highlighted yesterday, should China be dragged into recession as well we could be looking at $25 next year."
  • #48,534
  • Dec 5, 2008 6:11am Dec 5, 2008 6:11am
Quoting Shadowfx
The answer is there already..Daily pivot is your key figure..if it fails to break upwards...down we go...if it breaks up solid..we might see another bull run...
Looks like its gone back into the downtrend channel on the 1HR chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Eurusd 05-12-08.JPG Size: 154 KB
  • #48,535
  • Dec 5, 2008 6:23am Dec 5, 2008 6:23am
Hello all,
Seems i missed the train
I think it will drop to 1.2650 and maybe continue to 1.2560 then go up, Well
looks like no good entry at the moment
  • #48,536
  • Edited 6:39am Dec 5, 2008 6:26am | Edited 6:39am
SDX-SweetSpots_v5:

The base for this upgrade is the previous _v4_MP6L release. Line labels are added
as an option in the indicator window, offering color, font size, font style, and
the ability to specify your own text to go with the label price.

Again, many thanks to Doblece for her work to release _v4_MP6L. This multi-platform, six line input version, the base for _v5, was a great improvement.

For those whose eyes tire of trying to read the small chart margin price labels , _v5 will be your cup of tea!

Enjoy!
Attached File(s)
File Type: mq4 SDX-SweetSpots_v5.mq4   11 KB | 403 downloads
File Type: ex4 SDX-SweetSpots_v5.ex4   8 KB | 317 downloads
  • #48,537
  • Dec 5, 2008 6:28am Dec 5, 2008 6:28am
Quoting chuvaki
Good morning traders.

I enjoy reading your posts. I learn a lot here.
Just one question.
could you breifly explain the correlation between DJ, DAX (or other European indexies) and EURUSD pair?

As I understand when DJ goes down USD goes up (EURUSD chart goes down). But why? What about DAX and EURUSD?

Thanks
I suggest you to read this: http://stockcharts.com/commentary/ar...urphy_the_mark (WHY A RISING YEN ISN'T GOOD FOR STOCKS)

The last part of the year the correlation has been with the USD. But I never know when will stop to be useful.
  • #48,538
  • Dec 5, 2008 6:32am Dec 5, 2008 6:32am
Quoting ganesha
WHY A RISING YEN ISN'T GOOD FOR STOCKS)
rising yen is good for my shorts tho
FUBAR...
  • #48,539
  • Dec 5, 2008 7:09am Dec 5, 2008 7:09am
Quoting TIckerShuffl
I mean it's the dollar we are talking about.
Tic,

You mean it is all about the bad news people are talking about?

But the trouble is the dollar has strengthen on bad news.

When the stock market rallies the dollar goes down. If you believe equities are coming back anytime soon, I don't, then get long EU.

In the meantime I am sticking with the trend in the news and the trend in the markets.

Sun
  • #48,540
  • Dec 5, 2008 7:10am Dec 5, 2008 7:10am
i got burned too many times anticipating what other forces will do.. im on the sideline placing bet on this trains current direction after it hit the next train station...all aboard!
those who can, do. those who cant, talk about those who can
632 traders viewing now