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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

G/U has fallen sharply and now it is E/U 's turn to fall by new short orders and profit taking action.
Give me patience
Quoting abasiakara
the market stays irrational longer than you can stay solvent. bottomline is it really depends on your account size and risk appetite.my personal oppininon is to use a stop loss you can afford and let the trade unfold.you can always trade another time if your account is intact. if it's blown? never hold on to a loosing trade! just my opinion though.
absolutely correct - look at your account and make your decision. Its hit a tough resistance - price action over the past few days suggest that we will close the week higher - but NO one can guarantee that or the opposite. So it really depends on how much you want to risk.
USD forecast for December 2008...
Attached Image
Current consolidation is expected to be limited above 1.3880, before next, final leg upwards to 1.4361.


This is from Deltastock for today.
Quoting hitman047
i was long at 4150 trying to catch a spike. BAD MOVE. now i'm down 60 pips or so. do you think i should hold on, given that the general consensus is that it should be an up trend after some minor correction (which is happening right now)?
coincidentally I went short at the same time for the same reason
Time goes you say? Ah, no! Time stays. We go...
Quoting Shadowfx
Good morning,

Key level today is 1.40745 (MR1) acting as support.
As I expected Asian session continued upwards trend with profit taking at the end towards as low as 1.40

Clear support against any down trend or retrace below 1.40 level.

Trading range:

1.40 might be tested in European session but IMO only to act as launch platform for further continuation towards 1.420 with resistance R1 @ 1.4223 as T1 today.

Break low of 1.40 could bring us back towards daily pivot @ 1.3925 which is IMO the most unlikely scenario looking at risk aversion and...
Great call, where did you get the 1.40745 figure from?
Quoting Shadowfx
USD forecast for December 2008...
I wish you all the best for current and eternal life . ( you r one of the greatest guys here such as Acumen,AK4x, Psi,BTL,SUN,Cobra ...)

Hope u keep posting
Quoting Jay Walker
So do we get to play 20 questions to find out who you where?
How r u this morning Jay
More short-covering is likely above 1.4200 and a squeeze to 1.4600 before year-end is possible (at which point we favour several weeks of consolidation).

Strategy: Attempt longs at 1.4035 but be prepared to add to 1.3800; stop below 1.3600. First target 1.4200, above which another round of short covering should kick in.
Probability Professor
Quoting andys0506
Great call, where did you get the 1.40745 figure from?
Hi Andy,

Its a quarter pivot level
I heard something about EU cut rate again, it's on reuteurs new. It's may be EU fall today....
The market is always right, but it is not never wrong!!!
Quoting Shadowfx
Hi Andy,

Its a quarter pivot level
thanks
Quoting guardians
I heard something about EU cut rate again, it's on reuteurs new. It's may be EU fall today....
My understanding is that the ECB will hold off from a rate cut.
Probability Professor
Quoting Galation
My understanding is that the ECB will hold off from a rate cut.
That's correct Galation...

"The SNB has already acted, expects The BoE to cut to 1% in January and BoJ is under scrutiny this Friday. More importantly says UBS, the ECB may pause in January but will ultimately cut to 1%"
Quoting Galation
My understanding is that the ECB will hold off from a rate cut.
Yes frd,
USD : 0.25%
EUR : 2.25% (with no bad news after nearly cut rate)
GBP : 2% (maybe cut 1%).
In this time, no one want my currency to be strong. With every reason for this....
I expect EU cut with 50 point another.
The market is always right, but it is not never wrong!!!
Titanic is going to sink slowly? and sudden ghigggggggggg viggggggggggggggggg
Attached Image (click to enlarge)
Click to Enlarge Name: titanic.JPG Size: 152 KB
Quoting peyman
Titanic is going to sink slowly? and sudden ghigggggggggg viggggggggggggggggg
How did you come to this conclusion?
Probability Professor
Quoting Galation
How did you come to this conclusion?
first i'm not professional trader . as i drew on chart i consider a triangle and
it's break out to down side. and fundamentaly as i read to day i guss stock
is going down today so no one want to have expensive eru in his poket before US opening!!! and some resonse thart i mentioned erlier these r just my thinking.
The New York and Chicago session will create the trend. I am Bull biased.
Probability Professor
Quoting Galation
The New York and Chicago session will create the trend. I am Bull biased.
I agree.
Im bull as well. Trend will continue up. There is more than enough momentum to push Eur into a higher price class. Usd has nothing but the hopes of 2009 behind it ... unfortunatly that is not enought at this time.

Trends up until 2009.
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