EURUSD | Page 2806 | 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

  • #56,101
  • Jan 13, 2009 1:45pm Jan 13, 2009 1:45pm
Here is another US$ index chart showing it hit today the 61.8% retracement at 2 time retracments for today and tomorrow. I am thinking though that the big fib cluster above at 86.00 area is where a pullback or reversal is more likely though.
Attached Image (click to enlarge)
Click to Enlarge Name: DXYdaily.gif Size: 61 KB
  • #56,102
  • Jan 13, 2009 2:15pm Jan 13, 2009 2:15pm
MACD comes close to 0 now.
Attached Image (click to enlarge)
Click to Enlarge Name: 2009.01.13 21.13.gif Size: 25 KB
/ ... clarifying decisions ... /
  • #56,103
  • Jan 13, 2009 2:28pm Jan 13, 2009 2:28pm
has dropped tremendously.
  • #56,104
  • Jan 13, 2009 2:29pm Jan 13, 2009 2:29pm
Hi,

what do you think about this possible Harmonic Pattern on D1?
If price get there, that should be strong support:

  1. 3 Fibs,
  2. 1,3 level,
  3. bottom support line.

Attached Image (click to enlarge)
Click to Enlarge Name: 2009-01-13_2121_EU.png Size: 63 KB
  • #56,105
  • Jan 13, 2009 2:32pm Jan 13, 2009 2:32pm
the doji on the 4 hour. Could be a reversal coming!
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 217 KB
  • #56,106
  • Jan 13, 2009 3:30pm Jan 13, 2009 3:30pm
Hi all.I am new at this topic.I was trading cable so far.Start euro just few days back.This is my charts.maybe to much on them but i tryed to make them complete as i think and not to make so many screens.

Today on 15 m chart every time we hit 62 ema i went short.It was nice place to start trade.On 1 hr chart we see MACD make higher lows and price is still going down.On cable when i see this i start to build longs because some divergance is about to play.Also CCI is below 100 and flat for some time and that Stochastic RSi indicator( last one) is so tight.usualy it has to break on up above 75 level.On 4 hr chart on MACD this last low and before 1 are oposit from price action.i do belive euro will go more down but for now i think it has to make some retrace on up.Will it go all the way to GANN line on 1 hr chart(Blue line) or to 50 -62 ema on 1 hr chart will see.I have some shorts but now add 1 long and will wait to see what will happen at 15 m 62 ema.

If no rate cut expecting i will close all my shorts and start to with more longs but this way will wait with closing shorts.

I hope you understand my thinking.Also i thinhk that ECB will move euro on up little before rate cut so it that the fall could be big.On the other hand i think in this economic moment all coutrys dont want strong curency so that export could work better and to try to make some money on that side of economy but that is difrent topic.

On 15 m i need close candle above 3217 level to conferm this long.Targeting 3220-40 area whear 1 hr gann line is for now.Will see will in time it goes down more or not.If close on 1 hr above gann line then will see to test 4 hr gann which is arround DP.

See ya all.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euro15m.gif Size: 32 KB
Click to Enlarge Name: euro1hr.gif Size: 30 KB
Click to Enlarge Name: euro4hr.gif Size: 28 KB
  • #56,107
  • Jan 13, 2009 3:49pm Jan 13, 2009 3:49pm
Tested the 3201 area and was rejected.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 78 KB
  • #56,108
  • Jan 13, 2009 3:54pm Jan 13, 2009 3:54pm
Quoting mikkom
Has anyone else noticed that the last upmove was powered by more small speculators than large ones. That is quite interesting.

What is also interesting is that big speculators seem to be getting in long train too but still are much less long than small ones (they are still net short).

So basically small speculators heve been providing the liquidity needed to hedgers. Not a very common thing.

The next COT will be very interesting to see....

mikkom,

Interesting, you get this information from the COT report?

/H
  • #56,109
  • Jan 13, 2009 3:54pm Jan 13, 2009 3:54pm
Maybe one squiggly line too many or maybe six too many. Maybe its just me though. Whatever works I guess.
  • #56,110
  • Jan 13, 2009 3:59pm Jan 13, 2009 3:59pm
Quoting SunTrader
Maybe one squiggly line too many or maybe six too many. Maybe its just me though. Whatever works I guess.
No, I agree. The guy sounded smart but I wouldn't want to look at that chart every day. Just too busy for a simple simon like me.

Good luck in trading though. Expert, I liked your logic. Besides, who'd argue with an expert?
Up or down, gimme a ticket
  • #56,111
  • Jan 13, 2009 4:00pm Jan 13, 2009 4:00pm
In the mood for some ribshttp://www.forexfactory.com/images/icons/icon7.gif
  • #56,112
  • Jan 13, 2009 4:07pm Jan 13, 2009 4:07pm
Quoting "expert"
Hi all.I am new at this topic.I was trading cable so far.Start euro just few days back.This is my charts.maybe to much on them but i tryed to make them complete as i think and not to make so many screens.

Today on 15 m chart every time we hit 62 ema i went short.It was nice place to start trade.On 1 hr chart we see MACD make higher lows and price is still going down.On cable when i see this i start to build longs because some divergance is about to play.Also CCI is below 100 and flat for some time and that Stochastic RSi indicator( last one)...
I like your post, the zerolag is great. You are on my buddy list!!
Keep on with this good aproach. Thanks.
/ ... clarifying decisions ... /
  • #56,113
  • Jan 13, 2009 4:12pm Jan 13, 2009 4:12pm
Quoting gregam1128
In the mood for some ribshttp://www.forexfactory.com/images/icons/icon7.gif
You try to run a separate thread so as to not offend, or interfere with the other one and what happens? The posts gets merged. Incredible!

Well it was fun while it lasted!
  • #56,114
  • Jan 13, 2009 4:23pm Jan 13, 2009 4:23pm
Quoting gregam1128
has dropped tremendously.

Are you referring to the volume by your broker? I don't fully understand how you could determine this otherwise.

/H
  • #56,115
  • Edited 4:34pm Jan 13, 2009 4:27pm | Edited 4:34pm
Quoting magictrader
Hi,

what do you think about this possible Harmonic Pattern on D1?
If price get there, that should be strong support:

  1. 3 Fibs,
  2. 1,3 level,
  3. bottom support line.

i am chasing that pattern for almost 2 weeks now
there are a lot of fibs there (so it makes it a reversal very likely)
also the round number 1.300
but the latest move up was a dead cat
after ecb cut and COT shifting
there may be a good trade there (more than 1000 pips), or at least i hope so
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_bat.gif Size: 16 KB
  • #56,116
  • Jan 13, 2009 4:28pm Jan 13, 2009 4:28pm
Quoting Hct1
Are you referring to the volume by your broker? I don't fully understand how you could determine this otherwise.

/H
Hey HCT1 sup? I use volume spread analysis when determining volume. Would be a little hard to explain now being that these charts were thrown here by the moderators from another thread. I was refering to a specific chart. I am going to start another thread, and just use it as my trading journal. Hopefully the mods will leave it be. Happy pipping!
  • #56,117
  • Jan 13, 2009 5:00pm Jan 13, 2009 5:00pm
Quoting gregam1128
You try to run a separate thread so as to not offend, or interfere with the other one and what happens? The posts gets merged. Incredible!

Well it was fun while it lasted!
?????????? Posts go where you post them, only.
  • #56,118
  • Jan 13, 2009 5:02pm Jan 13, 2009 5:02pm
Quoting SunTrader
?????????? Posts go where you post them, only.
Yes, but he was posting in EUR/USD thread (notice the "/"), and it was merged in here a few minutes ago...

Some administrator must have done that.
Traders are smartasses
  • #56,119
  • Jan 13, 2009 5:04pm Jan 13, 2009 5:04pm
my first reply in the EUR/USD thread was a link to this thread, because it's exactly the same .. people posting in the thread didn't bother though .. anyhow, more posts for this one
The Essentials of Trading: Emotions, Risk Mgt, Price.
  • #56,120
  • Jan 13, 2009 5:08pm Jan 13, 2009 5:08pm
Quoting Spsantos
Yes, but he was posting in EUR/USD thread (notice the "/"), and it was merged in here a few minutes ago...

Some administrator must have done that.
I specifically added the / as to not interfere with this thread, and you see how the mods just slammed the post into this one. Really screwed this thread up big time just adding them like that.
I was trying to give certain members here there space.


Yeah right, not according to the mods.

Almost feels like I was caught cutting class by the truant officers, and thrown back in lol
345 traders viewing now, 1 is registered:
ThomasStavr2