Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

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

Quoting ak4x
Watching the 15m/30m possible shampoo forming, if the right shoulder doesn't invalidate in the next few minutes... ((price at 3170ish))
Clearly invalidated imo, and what's left is too dirty for me to consider as one... as the right right shoulder exceeded the limits, and most importantly, PA doesn't agree.

Might look at the longer TF's for a double top tho...

10 seconds later... Nah, shut down the platform, make a fresh pot of coffee, and start a new game of Chess Titans on the Vista machine. I'm calling it all good for the day ((or mostly good)) and wait for new direction from a very interesting price level.

Careful trades all.

Pondering this for awhile... The posing and posturing going on at the highest levels of Gummint between the new guys, one of whom isn't even a new guy yet ((Tim Leitner)), but a potential new guy and the country that owns the majority of our ((US) debt is a little disconcerting... more required.
FUBAR...
Quoting psiholog
i couldnt resist...i too see a possible h&s on the 5min/15min timeframes with the right shoulder right at the middle wall of the current uptrend and what has been historically a strong support/resistance level. I am currently short with a very small position...win/lose..wont matter much but the opportunity is too good to pass up. Good pippin all..think rational not emotional.

Attachment 196643

Edit: ah well..cant win them all haha...no emotion whatsoever...that is the key when losing a trade to be rational for the next one..on that note...
just came back to give my final analysis until euro session since i didnt get stopped out just yet (got lucky with a double top)...in any case i dont intend to close trade any time soon...considering us session is now closed..i see no reason for a higher high at this time. regardless...the current range has been established with the resistance at 1.3205 or so and support at 1.3095. A break of those values may suggest future direction at which time the uptrend channel comes into play again as well as the larger timeframe downtrend channel (especially if we go higher now). Off to sleep now..good pippin all

Attached Image (click to enlarge)
Click to Enlarge Name: current.gif Size: 35 KB
Different opinions highly valued, ignorant to slander.
News Feed
Quote
[NORTH AMERICAN CLOSE] Despite plenty of pro-risk appetite and short Dollar strategies implemented throughout Monday, as the U.S session progressed, the news flow turned, leaving some high and dry.

US session turned out to be Pro-Euro, for the most part. Due to the USD price action is playing in a tight ranging field between 1.3195 to 1.3124, I would expect P/A to move down some during the Asian session.
Attached Image (click to enlarge)
Click to Enlarge Name: SR2.png Size: 12 KB
Quoting psiholog
i couldnt resist...i too see a possible h&s on the 5min/15min timeframes with the right shoulder right at the middle wall of the current uptrend and what has been historically a strong support/resistance level. I am currently short with a very small position...win/lose..wont matter much but the opportunity is too good to pass up. Good pippin all..think rational not emotional.

Attachment 196643

Edit: ah well..cant win them all haha...no emotion whatsoever...that is the key when losing a trade to be rational for the next one..on that note...
Psi, thanks god you're back. You're one of few traders on this thread that support calls with very clear pictures. Hope you had great vacation time. Welcome back!
Quoting psiholog
i couldnt resist...
Hey, that's great

PSI is back


I didn't pop in some time in this thread because of too many "Updowns" here but now I have a reason to come back sometimes
Here is why I won't be trading this pair for a bit. We are up against the DTL and until it is broken, my longs are off the table.

J
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 22 KB
EURUSD is looking for a bullish week ahead
Twitter: @forexpokerpro
The [US] Senate has confirmed Timothy Geithner to be the US's Treasury Secretary in a 60-34 vote.
those who can, do. those who cant, talk about those who can
Quoting BBPI_fxtrader
EURUSD is looking for a bullish week ahead
I'm not sure what you mean??
[BOJ DEC 18-19 MINUTES] in which the Board voted to reduce Japan's call rate by a further 20bps to 0.10%, saw Noda the only dissenter opposing the rate cut, on the basis that it would have a limited stimulative effect and further weaken the market's function. Suggesting rates were not inclined to be lowered even further, some members also cited 0.10% to be the lowest possible level for the market to function, with only one saying a further reduction should not be ruled out as an option. Mizuno who opposed Oct's rate cut otherwise said interest rates on excess reserves at the BOJ shld be zero.

Corporate service prices in [JAPAN] fell further over Dec, to see BOJ's [CSPI] index falling by -0.5% on the mth vs a -0.3% fall prior. It was the 5th consecutive month prices had fallen, whilst on an annual basis, prices marked their biggest fall in 5 over yrs by dropping -2.5% vs a -2.0% fall prior. Amidst a decline in crude oil prices, transport costs fell by -9.7% y/y; led by a -33.0% tumble in ocean freight costs and -64% drop in ship chartering services. Prices are expected to continue pulling back as the global commodity unwind continues and real demand slows; dragging back down inflationary pressures.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
[BOJ DEC 18-19 MINUTES] in which the Board voted to reduce Japan's call rate by a further 20bps to 0.10%, saw Noda the only dissenter opposing the rate cut, on the basis that it would have a limited stimulative effect and further weaken the market's function. Suggesting rates were not inclined to be lowered even further, some members also cited 0.10% to be the lowest possible level for the market to function, with only one saying a further reduction should not be ruled out as an option. Mizuno who opposed Oct's rate cut otherwise said interest rates...
Thank for the info, I've been wanting to ask you something. You really need to fix your PM's. You could try PMing me and see if I can respond. It's not earth shaking, Do what you can.
Quoting gatorinla
The [US] Senate has confirmed Timothy Geithner to be the US's Treasury Secretary in a 60-34 vote.
they just swore him in.. now usd should strenthgen 1000 pips with next 5 minutes.. *L* bet it gets weaker...
those who can, do. those who cant, talk about those who can
Quoting knuckledrag
Thank for the info, I've been wanting to ask you something. You really need to fix your PM's. You could try PMing me and see if I can respond. It's not earth shaking, Do what you can.
check i added you.. i dont know how this pm thingy works.. see if you can send one..
those who can, do. those who cant, talk about those who can
Quoting gatorinla
check i added you.. i dont know how this pm thingy works.. see if you can send one..
Not quite, click on my name, click send private message.
Today's analysis,

Price should hit 1.3280 (see daily, it is a support and resistance level) and reverse down. It is also the 78 fib line of the previous down trend in 4H.

When I see a reversal candle there, then I will enter the trade.
{Promotion Removed}
Just my oppinion the down trend start begin go deep today....up more then 250 points yestreday just correction beore the raly down continue.

The down start form 18 dec, however yo yo dan correction still go on...

EUR
German Ifo Business Climate
http://www.forexfactory.com/images/m...etail_star.gif
81.0 82.6
the news today is very important

good luck
Quoting kris
Today's analysis,

Price should hit 1.3280 (see daily, it is a support and resistance level) and reverse down. It is also the 78 fib line of the previous down trend in 4H.

When I see a reversal candle there, then I will enter the trade.
u mean the price is move up then bounce back. I still thinking that just get M30 what should happen when it touch that resistance.

But it could happen anyway next 1 hour - 2 hour.

what your target total pip movement today? 200 or less due there are many filter there.
they made a mistake today on job losses... its not 50K......its 70K.....


make sure you got some gold coins to pay border gaurds when you leave..
those who can, do. those who cant, talk about those who can
Yes, I see a very strong possibility of price going up first then diving downwards. Could be a 300pips down today followed by another 300 pips down tommorow.


But dun place short now, not safe yet. Wait for price act first.
{Promotion Removed}
The [DLR/YEN] rises to 89.46 from the Stg/Dlr and Eur/Dlr stop buying led Dlr sale low of 88.70, then a major US name is noted as buying. Actions around the overnight peak at 89.70 are toppish, so the mid 89's could become heavy again (Ldn highs at 89.49/48). Speculative buying is seen everyday, but demand-supply factor favors the Yen. On the other hand the wider US-Japan long term yield gap favors the Dlr, but higher US yields (and in Europe as well) are reflection of more bonds issuance views. Sell onto the rally would be favored for this pair. Generally offers are reported at the 89's.
those who can, do. those who cant, talk about those who can
9 traders viewing now, 2 are members:
Alex1056
,
DonPip1