EURUSD | Page 2453 | 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

  • #49,041
  • Dec 9, 2008 11:52am Dec 9, 2008 11:52am
Quoting sed34
somebody please explain the spike in the euro. all of my indicator have topped out.
This known as WolfWave.see attached.
Attached Image (click to enlarge)
Click to Enlarge Name: wolfwave_5m.gif Size: 49 KB
  • #49,042
  • Dec 9, 2008 11:52am Dec 9, 2008 11:52am
Still consider myself a 'noob' on the forum and in this thread; yet, and correct me if I'm wrong (which is often); we're still range bound and reaching the upper end of said range which started in late October (First Chart).

Then putting a Fib on the chart(Second Chart); I notice during this time it hit the 38.3% once and has been rejected at the 23.6% the previous 3 times. this is the 4th time it has surpassed the 23.6% and we now must wait for close today, to see if it holds. If held; AND can surpass the upper daily support around 1.3060; the potential of a long is greatly enhanced.

any comment?

Seereye

p.s. I tend to attempt to keep things simple
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu 1 hr 1.gif Size: 20 KB
Click to Enlarge Name: eu 1 hr 1 2.gif Size: 20 KB
Pip what you see; See what you pip!
  • #49,043
  • Dec 9, 2008 11:53am Dec 9, 2008 11:53am
There's no meaningfull res until 1.32 area (this yellow dashed line)
Attached Image (click to enlarge)
Click to Enlarge Name: 37.png Size: 55 KB
  • #49,044
  • Dec 9, 2008 11:54am Dec 9, 2008 11:54am
Quoting britc17
So ineways, I just want to join the group and offer any of my own "speculation" that could hep the group become more profitable. BEST WISHES and HAPPY TRADING
sweet... bring it on.
FUBAR...
  • #49,045
  • Dec 9, 2008 11:55am Dec 9, 2008 11:55am
Quoting Shadowfx
Stay out...till we see "normal" conditions resume..this is extremely unpredictable..
thanks.. glad i walked away from this one..
those who can, do. those who cant, talk about those who can
  • #49,046
  • Dec 9, 2008 11:56am Dec 9, 2008 11:56am
good. i'm in profit now. seems like its done testing the 1.30. it almost had it. 1.2995
  • #49,047
  • Dec 9, 2008 11:57am Dec 9, 2008 11:57am
Quoting gatorinla
has to break 3080 with steam before im convinced. if it stalls before im looking for a short. 3067 should be the first area to slow it down..

10wk average pivot
pp 1.2784
m3 1.2895
r1 1.3006
m4 1.3148
r2 1.3289
repost
those who can, do. those who cant, talk about those who can
  • #49,048
  • Dec 9, 2008 11:58am Dec 9, 2008 11:58am
Quoting Dansnali
Its definatly not nearly as correlated as it used to be. G/J is still very closely correlated. But the EU and EJ have moments of correlation and discorelation lately.
That`s coz of the UJ
  • #49,049
  • Dec 9, 2008 12:00pm Dec 9, 2008 12:00pm
In anticipation of a bounce back to 1.29 for fresh longs...
  • #49,050
  • Dec 9, 2008 12:04pm Dec 9, 2008 12:04pm
21 pips positive right now. hope it goes down further
  • #49,051
  • Dec 9, 2008 12:04pm Dec 9, 2008 12:04pm
Quoting zapper
In anticipation of a bounce back to 1.29 for fresh longs...

I hear yah zapper, and you are probably right, but why is anyone buying the euro right now? Especially this fiercly? I mean I never expect the market to act logically, because that means trading would be too easy, but I still have to remain with my short byass. I now have a 1.2993 short that I will but a +1 stop on in case of another test of 1.3000.
  • #49,052
  • Edited 12:33pm Dec 9, 2008 12:11pm | Edited 12:33pm
a couple of side by sides...

prices a little lower than in screenshots atm, but you can see where the 11sma has held the EJ fairly well as s/r until broken. currently Resistance on that pair, and price is 60-70 pip below the high ((120.28)) of that bear candle that closes in 4hrs...

eu looks really hinky to me atm. one other note... EU topped out nearly to the pip on my MT4 chart that has a Bemac 288sma ((130.09))on the weekly, and a couple dozen pips below a 62% weekly historical support fib level ((130.35)) with anchors at 1.59/high and .8400/low... also note horizontal s/r on the eu chart... shaded bubbles

i'll hold my shorts for a little bit more while I breathe from my giggle balloon...
Attached Images
FUBAR...
  • #49,053
  • Dec 9, 2008 12:12pm Dec 9, 2008 12:12pm
damn missed the boat!!!
those who can, do. those who cant, talk about those who can
  • #49,054
  • Dec 9, 2008 12:12pm Dec 9, 2008 12:12pm
PA currently 'feels' like a pause before a retest of 1.3000 after NY traders get back from their 3 martini lunches.

SeerEye

p.s. - guess not - hee, hee
Pip what you see; See what you pip!
  • #49,055
  • Dec 9, 2008 12:15pm Dec 9, 2008 12:15pm
yes!!!! made my money back and then some. who is long now and who is short. I have to re-analyze things.
  • #49,056
  • Dec 9, 2008 12:16pm Dec 9, 2008 12:16pm
wow.....FUN DAY IN THE MARKETS TODAY!!!!!
  • #49,057
  • Dec 9, 2008 12:17pm Dec 9, 2008 12:17pm
Quoting sed34
yes!!!! made my money back and then some. who is long now and h=who is short. I have to re-analyze things.

I am staying short for now. I see no reason to buy euro ATM. If we get to low 1.28's I may look for a long, but we'll have to see when we get there.
  • #49,058
  • Dec 9, 2008 12:19pm Dec 9, 2008 12:19pm
*standing at the dock with my 1.300 ticket in my hand waving as the ship goes over horizon*
those who can, do. those who cant, talk about those who can
  • #49,059
  • Dec 9, 2008 12:19pm Dec 9, 2008 12:19pm
This drop restores my faith in the fact I said its a false artificial upwards move...
  • #49,060
  • Dec 9, 2008 12:22pm Dec 9, 2008 12:22pm
Quoting gatorinla
damn missed the boat!!!
that's what david blair said as well in 1912...
FUBAR...
437 traders viewing now