EURUSD | Page 2634 | 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

  • #52,661
  • Dec 29, 2008 4:21am Dec 29, 2008 4:21am
yes you have right less then 8%
  • #52,662
  • Dec 29, 2008 4:37am Dec 29, 2008 4:37am
Well we are getting pretty close to that magic 1.4325 area, where many a stop are placed. Lite volume means easier to hunt for the stops.

Just my thoughts.
  • #52,663
  • Dec 29, 2008 4:40am Dec 29, 2008 4:40am
Nice bottom picking by my self if I may say
Well, two days off from the ideal(see the small doji)
It feels nice to be right... i can feel my ego growing!
I seriously need to read the "Trading in the Zone" again to get my ego back in check...

http://img.skitch.com/20081229-cwi52...b54xc8j3jm.jpg
(daily chart)
  • #52,664
  • Dec 29, 2008 4:42am Dec 29, 2008 4:42am
Why 4325? I've set a resistance level at 4320, it got hit so if it brakes that level, our next target is 4485ish, correct?
  • #52,665
  • Dec 29, 2008 4:44am Dec 29, 2008 4:44am
Quoting govno
Why 4325? I've set a resistance level at 4320, it got hit so if it brakes that level, our next target is 4485ish, correct?
It's just an approximation of where the beginning of the stops might be place.

Just a hunch.

Green pips to all
  • #52,666
  • Dec 29, 2008 4:46am Dec 29, 2008 4:46am
Quoting SmoothTrader
Well we are getting pretty close to that magic 1.4325 area, where many a stop are placed. Lite volume means easier to hunt for the stops.

Just my thoughts.
Volume is not light at the moment. Not light at all.

IMHO you are totally correct about the stops - when we hit somewhere between 20-50 area, there will probably be a very nice spike up. I assume about 30 is the key level.
  • #52,667
  • Dec 29, 2008 4:49am Dec 29, 2008 4:49am
Quoting SmoothTrader
It's just an approximation of where the beginning of the stops might be place.

Just a hunch.

Green pips to all
Hi, my chart hit 4320,but it did not hit 4325, is that what is happening to your charts too?
Always hunting for pips, even in the dark
  • #52,668
  • Dec 29, 2008 4:51am Dec 29, 2008 4:51am
Quoting jaddy
Hi, my chart hit 4320,but it did not hit 4325, is that what is happening to your charts too?
OANDA shows a high of 4323.

I am guessing that there is some selling against the resistance here and that means more stops above.
  • #52,669
  • Dec 29, 2008 4:58am Dec 29, 2008 4:58am
Now to see where the market wants to go.

There may be some follow through, but odds are we will need to consolidate some of these gains before we attempt a move to the 4700 right shoulder on the daily chart.
  • #52,670
  • Dec 29, 2008 5:01am Dec 29, 2008 5:01am
Broke the resistance level, now we're looking at a 4500ish, correct?
  • #52,671
  • Dec 29, 2008 5:02am Dec 29, 2008 5:02am
Quoting govno
Broke the resistance level, now we're looking at a 4500ish, correct?
Who knows, who cares? Just ride the flow man!
  • #52,672
  • Dec 29, 2008 5:05am Dec 29, 2008 5:05am
Quoting johto
Who knows, who cares? Just ride the flow man!
Excellent point. We do not move the market. The best that we can hope for is to ride the waves safely to green pips.
  • #52,673
  • Dec 29, 2008 5:20am Dec 29, 2008 5:20am
Quoting SmoothTrader
Excellent point. We do not move the market. The best that we can hope for is to ride the waves safely to green pips.
Could anybody help me?
Can this setup be taken as possible divergence?

Thanks to all!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.JPG Size: 180 KB
  • #52,674
  • Dec 29, 2008 6:03am Dec 29, 2008 6:03am
Quoting Javed
Could anybody help me?
Can this setup be taken as possible divergence?

Thanks to all!
I would help you, but I don't know the answer to that one. I'm a newer trader.

-Angie
  • #52,675
  • Dec 29, 2008 6:04am Dec 29, 2008 6:04am
dowd trend strong in 1 min up trend weak-5min up trend strong-15min/30min/1h/4h
  • #52,676
  • Dec 29, 2008 6:20am Dec 29, 2008 6:20am
Quoting SmoothTrader
Now to see where the market wants to go.

There may be some follow through, but odds are we will need to consolidate some of these gains before we attempt a move to the 4700 right shoulder on the daily chart.
The jump above 4300 was quite sharp. I also think that some consolidation + a small downward correction are needed before the next push upwards.
The Euro will probably meet the pound on its way up...
  • #52,677
  • Dec 29, 2008 6:24am Dec 29, 2008 6:24am
Quoting angierosed
I would help you, but I don't know the answer to that one. I'm a newer trader.

-Angie
To learn about divergence please check this site

http://www.trading-naked.com/Setups.htm
/ ... clarifying decisions ... /
  • #52,678
  • Dec 29, 2008 6:35am Dec 29, 2008 6:35am
Quoting walb99
To learn about divergence please check this site

http://www.trading-naked.com/Setups.htm
Hey, thanks for that website. It's funny because a few minutes ago I was thinking about how traders that teach and do websites should charge after the fact. For one reason, a new trader would like to make money first (from trading), then pay for the teachings that helped make them successful. I like how you can make donations. It's funny how I just just thought of all of that and then a website like it was presented.
  • #52,679
  • Dec 29, 2008 6:45am Dec 29, 2008 6:45am
Will it foaming evening star (1h),
Ready to Short now?
Anybody?
Psychology = Nature = Evolving Forex Market rite?
  • #52,680
  • Dec 29, 2008 6:51am Dec 29, 2008 6:51am
Quoting Dr_Cryonic
Will it foaming evening star (1h),
Ready to Short now?
Anybody?
Even if we go short, what will be the possible target?
4,085 traders viewing now