EURUSD | Page 2820 | 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

  • #56,381
  • Jan 14, 2009 8:53am Jan 14, 2009 8:53am
we may be gettting a descending triangle on m5... I can't trade this range right now till it pulls up and gives a short... or breaks lower.

Quoting tradeinstant
I’m working with whole numbers and either it’s forming a channel between 1.3200 and 1.3100 or it would continue over the 1.3100 level for a while.
DireXiv Make it happen, no one else is going to do it for you...
  • #56,382
  • Jan 14, 2009 9:00am Jan 14, 2009 9:00am
Quoting ezodisy
I agree with what you're thinking FX-Petra, except for the assumption that "US will lead out". There is not yet much basis for that, or at least nothing that I have read so far.
It may ultimatley be true that the US will not lead out of this mess. For now, it is enough to know that the "perception", based upon what has happened in the past, is that the US is still the world's superpower and will lead out. Those assumptions may well prove to be false--only time will tell. The US economy has proven itself to be incredibly resilient in the past. If the US cannot pull out of this mess then that means we are on the doorstep of a new world pecking order, in economic terms. What that would mean for currencys is beyond my ability to forecast with any degree of confidence.
  • #56,383
  • Jan 14, 2009 9:06am Jan 14, 2009 9:06am
Hi All! I'm naked and I'm long from 1.3100, what could be a nice profit target if it does not retrace?

THANKS!
Live to ride. Ride to live.
  • #56,384
  • Jan 14, 2009 9:08am Jan 14, 2009 9:08am
New Video 01/14 Trading Summary.
http://www.algforex.com/images/stori...aiskinimas.wmv
{Promotion Removed}
  • #56,385
  • Jan 14, 2009 9:10am Jan 14, 2009 9:10am
Quoting Naked
Hi All! I'm naked and I'm long from 1.3100, what could be a nice profit target if it does not retrace?

THANKS!
I'm sorry I've changed my mind :-) I'm short from 1.3140. What could be a nice profit target?

Thanks!

Live to ride. Ride to live.
  • #56,386
  • Jan 14, 2009 9:13am Jan 14, 2009 9:13am
Quoting Algirdas
New Video 01/14 Trading Summary.
http://www.algforex.com/images/stori...aiskinimas.wmv

"0114paaiskinimas"

What language is this?
Live to ride. Ride to live.
  • #56,387
  • Jan 14, 2009 9:15am Jan 14, 2009 9:15am
bps??? what does this mean....thank you....
  • #56,388
  • Jan 14, 2009 9:18am Jan 14, 2009 9:18am
i am also short from .3140 with another sell stop at .3102 (inside bar) on 30m. i need a target though. Any suggestions?
  • #56,389
  • Jan 14, 2009 9:18am Jan 14, 2009 9:18am
Quoting kentashiburo
The news are bad for the US$. What's the fundamental for the dive?
I think they buy dollars that's why

BTW, it's the same reason why EURUSD went up before Christmas - because they were buying Euros

Who cares anyway? If it was that easy (funnymentals), everyone would be rich. But everyone just can't be right and consequently rich. There would be no market.

I buy when it goes down and sell when it goes up. I put stops. I also take profits. I make pips this way. Pips == money.

Funnymental reasons ... hehe .. who cares ??
Live to ride. Ride to live.
  • #56,390
  • Jan 14, 2009 9:20am Jan 14, 2009 9:20am
Quoting DireXiv
we may be gettting a descending triangle on m5... I can't trade this range right now till it pulls up and gives a short... or breaks lower.

Yep!
That's what I would like!
I also have a triangle in the M30 with a pick in 1.2900
But I think the channel is form already and it would take a while for that.
  • #56,391
  • Jan 14, 2009 9:20am Jan 14, 2009 9:20am
Quoting jphotdeals
i am also short from .3140 with another sell stop at .3102 (inside bar) on 30m. i need a target though. Any suggestions?
Bored to lose suggested 1.3060 and 1.2960. Probably some price action, resistance & support months ago..
Live to ride. Ride to live.
  • #56,392
  • Jan 14, 2009 9:24am Jan 14, 2009 9:24am
Quoting Naked
I think they buy dollars that's why

BTW, it's the same reason why EURUSD went up before Christmas - because they were buying Euros

Who cares anyway? If it was that easy (funnymentals), everyone would be rich. But everyone just can't be right and consequently rich. There would be no market.

I buy when it goes down and sell when it goes up. I put stops. I also take profits. I make pips this way. Pips == money.

Funnymental reasons ... hehe .. who cares ??
Those are some really sarcastic answers for someone who is on here asking for directional opinionshttp://www.forexfactory.com/images/icons/icon9.gif
  • #56,393
  • Jan 14, 2009 9:24am Jan 14, 2009 9:24am
I hate channels days!!!
I changed my mind: I hate the waiting game!!!
  • #56,394
  • Jan 14, 2009 9:28am Jan 14, 2009 9:28am
Quoting FX-Petra
What that would mean for currencys is beyond my ability to forecast with any degree of confidence.
Hope it doesn't happen, I just get a bit tired of hearing chaps around the boards and sometimes on Bloomberg stating the 'US will lead out' line. Perhaps. Back to the e/u, good luck mate
  • #56,395
  • Jan 14, 2009 9:44am Jan 14, 2009 9:44am
Quoting gregam1128
Those are some really sarcastic answers for someone who is on here asking for directional opinionshttp://www.forexfactory.com/images/icons/icon9.gif
I'm sorry i didn't want to insult someone. But how can you direct someone, if dollar strengthens on terribly bad news... You cannot explain this with FA, or can you?

Isn't is better to just trade what you see? Look at ALG's posts - he is very successfull with his trades and I doubt he uses any FA for his calls.

Very sorry if I insulted someone..
Live to ride. Ride to live.
  • #56,396
  • Jan 14, 2009 9:44am Jan 14, 2009 9:44am
Quoting FX-Petra
It may ultimatley be true that the US will not lead out of this mess. For now, it is enough to know that the "perception", based upon what has happened in the past, is that the US is still the world's superpower and will lead out. Those assumptions may well prove to be false--only time will tell. The US economy has proven itself to be incredibly resilient in the past. If the US cannot pull out of this mess then that means we are on the doorstep of a new world pecking order, in economic terms. What that would mean for currencys is beyond my ability...
Some think that US Government spending will result in activities that will probably give a boost to the US economy and strengthen the prices of relatively attractive municipal bonds and equities. Problem is that low yielding treasuries will be less attractive. There's talk of a possible bursting bubble there. The US Government would need to print money to buy it's own treasuries needed to pay for the spending and this would probably weaken the dollar. Higher equities would encourage risk taking and strengthen the higher yielding currencies like the Aussie, Kiwi, and possibly Euro........All in the future though so back to scalping...close to crash time (me not the Nikkei...that's tomorrow) here in Japan though...lol...

Goodnight
  • #56,397
  • Jan 14, 2009 9:44am Jan 14, 2009 9:44am
Quoting Naked
I'm sorry i didn't want to insult someone. But how can you direct someone, if dollar strengthens on terribly bad news... You cannot explain this with FA, or can you?
Oh yes you can - see the whole dollar strenghtening [since the crisis started, not the last couple of weeks] and google for "deleveraging".

edit: shortcut http://seekingalpha.com/article/1083...-the-dollar-up
  • #56,398
  • Jan 14, 2009 9:47am Jan 14, 2009 9:47am
Quoting Naked
I'm sorry I've changed my mind :-) I'm short from 1.3140. What could be a nice profit target?

Thanks!

Hi Naked,

I usually watch the forum in silence (had my share of getting into endless debates that only distracts one from the market - I don't mean this particular forum by the way) however, I feel obliged to share with you a little advise, I've been there before, rushing and itching to trade or thinking that I will miss a big movement and end up only missing my account!!
be patient, if you don't know why you will be in a trade, then most probably it's a loosing trade, long short long short only take away from your learning curve.

trades are there every day, my highest gain weeks where weeks when I traded the less and I'm talking about 3 years of trading and blowing 2 real account until I got it through my thick head best of luck and hope that I didn't offend you the least ..
  • #56,399
  • Jan 14, 2009 9:53am Jan 14, 2009 9:53am
Quoting Naked
I'm sorry i didn't want to insult someone. But how can you direct someone, if dollar strengthens on terribly bad news... You cannot explain this with FA, or can you?

Isn't is better to just trade what you see? Look at ALG's posts - he is very successfull with his trades and I doubt he uses any FA for his calls.

Very sorry if I insulted someone..
yes I do believe that you can. Everyone expects certain news events to come out negative. Most of the news is priced in. In regards to long term movements.
See my weekly chart. See the downtrend, met with support at 2405.

See the 2 bull candles. Notice the wick on the top bull candle. That signifies significant selling into a buy rally. Most likely smart money selling into the buy rally. It's called positioning. followed by high volume short selling. Which I expect to continue until the 2430 area.

Just my opinion. I'm out!
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 199 KB
  • #56,400
  • Jan 14, 2009 9:58am Jan 14, 2009 9:58am
Quoting zoheir
Hi Naked,

trades are there every day, my highest gain weeks where weeks when I traded the less and I'm talking about 3 years of trading and blowing 2 real account until I got it through my thick head best of luck and hope that I didn't offend you the least ..
No offend. Many thanks. What learning material would you recommend? I like your answer very much, thus I ask you. Thanks.
Live to ride. Ride to live.
175 traders viewing now