EURUSD | Page 3294 | 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

  • #65,861
  • Feb 17, 2009 10:53am Feb 17, 2009 10:53am
Quoting rody8808
What if all this down movement was a big fakeout? Would that not be funny?
You'd probably be better off doing some research instead of posting glib remarks that have no basis in accuracy. Any possibility of this being a "Fakeout" ended hours ago... and it still isn't "funny".


What Does Fakeout Mean?
A term used in technical analysis to refer to a situation in which a trader enters into a position in anticipation of a future transaction signal or price movement, but the signal or movement never develops and the asset moves in the opposite direction (That's what this last 250 pips of movement over the last 16 hours was... "asset moving in the opposite direction")
http://www.investopedia.com/terms/f/fakeout.asp

But it's your time and I'm out of line even suggesting how you should spend it... My bad.
FUBAR...
  • #65,862
  • Feb 17, 2009 10:54am Feb 17, 2009 10:54am
If we can just not dip any lower than this for the next 7 minutes I think I'll be ok???!?!!!?!
  • #65,863
  • Feb 17, 2009 10:57am Feb 17, 2009 10:57am
"We're going down, down in an earlier round.
And Sugar, we're going down swinging.
I'll be your number one with a bullet;
A loaded god complex, cock it and pull it." - Fall out boy

Any body disagree???
  • #65,864
  • Edited 11:19am Feb 17, 2009 11:03am | Edited 11:19am
Stocks going down all over the world, risk aversion kicking in strongly, Dollar and Gold gaining (usually isn't common both up at the same time). Even with some relative good news the yuru didn't hang in there.

(
Market Internals update at 12:00pmET- NYSE volume 565M shares, about 15% above its three-month average; decliners lead advancers by 19.8:1.
- NASDAQ volume 1.07B shares, about 30% above its three-month average; decliners lead advancers by 5.3:1.
)



Now it's hanging on a very small thin wire, ready to break some more to the south, imho. (But hey, i'm dumb, i just do this for about 5 years, i have no experience in this kind of volatility... but then, who has? )

So it's good news, we have some pips to make, and I don't care if it's north or south, as long as i'm in the right boat
Traders are smartasses
  • #65,865
  • Feb 17, 2009 11:07am Feb 17, 2009 11:07am
I guess my dry sense of humor does not make you laugh?

This was my post from last week by the way.

http://www.forexfactory.com/images/icons/icon1.gif Waiting

Posted Feb 11, 2009
Short at 1.2945 when it gets there then again at 1.2835 if it gets there.
Forum: Interactive Trading Thread: EURUSD

I missed the first one by a few pips. The second not so much.

So yes I already knew this was not a fake out. In fact as soon as it broke the 2684 area it was gone.
  • #65,866
  • Feb 17, 2009 11:10am Feb 17, 2009 11:10am
My trading station just took a crap. I'm waitint for it to log me back in so I can see how negitive i am!
  • #65,867
  • Feb 17, 2009 11:13am Feb 17, 2009 11:13am
1.2475 Will be a U-turn point for EU. target 500 pips up .
  • #65,868
  • Feb 17, 2009 11:16am Feb 17, 2009 11:16am
Im using the fxcm ts2...I think their servers crashed...anyone else using them ?
  • #65,869
  • Feb 17, 2009 11:23am Feb 17, 2009 11:23am
Quoting Terminale
1.2475 Will be a U-turn point for EU. target 500 pips up .
Wow, I don't know how or why you would take a long position in this market. What is your reasoning behind 2475??
  • #65,870
  • Feb 17, 2009 11:24am Feb 17, 2009 11:24am
For a strong down move, first we need to retest 1.2710...

Big boys are playing now with your money, your patience and...with your soul...just testing you...and who are weak, will lose...this is the nature selection, also applicable on markets...
  • #65,871
  • Feb 17, 2009 11:27am Feb 17, 2009 11:27am
Quoting Darkseal
Im using the fxcm ts2...I think their servers crashed...anyone else using them ?
http://www.fxstatus.com/
  • #65,872
  • Feb 17, 2009 11:29am Feb 17, 2009 11:29am
Quoting SamuelOnline
For a strong down move, first we need to retest 1.2710...

Big boys are playing now with your money, your patience and...with your soul...just testing you...and who are weak, will lose...this is the nature selection, also applicable on markets...
No need to see any retrace to keep dropping!!
  • #65,873
  • Feb 17, 2009 11:31am Feb 17, 2009 11:31am
Quoting Terminale
1.2475 Will be a U-turn point for EU. target 500 pips up .
Terminale can you let me know (please) how you came up with this number? I'm just asking so I can compare methods. I want to confirm my numbers.
Thanks
Let Freedom Ring!
  • #65,874
  • Feb 17, 2009 11:37am Feb 17, 2009 11:37am
Quoting Darkseal
Im using the fxcm ts2...I think their servers crashed...anyone else using them ?
I'm having the same problem. FXCM is like the hot chick at the night club who wants to go home with me, even though I have NEVER had a hot chick even look at me, and wouldn't you know it - bring her home only to find out his name is Steve.
What's that smell?
  • #65,875
  • Feb 17, 2009 11:41am Feb 17, 2009 11:41am
I know FXCM has a reputation of being a bunch of ripoff artist but disconnecting their clients during the trading day without prior notice? Lol, that is like as bad as it can get. Make sure you guys inform their regulators.
  • #65,876
  • Feb 17, 2009 11:45am Feb 17, 2009 11:45am
Quoting nvcK
I know FXCM has a reputation of being a bunch of ripoff artist but disconnecting their clients during the trading day without prior notice? Lol, that is like as bad as it can get. Make sure you guys inform their regulators.

I almost went with FXCM after ODL closed up shop in the US. I went with IBFX instead. I also keep some money in a Thinkorswim FX account just in case I can't close a position on IBFX and need to hedge my trade.
  • #65,877
  • Feb 17, 2009 11:46am Feb 17, 2009 11:46am
Quoting jon clogger
I'm having the same problem. FXCM is like the hot chick at the night club who wants to go home with me, even though I have NEVER had a hot chick even look at me, and wouldn't you know it - bring her home only to find out his name is Steve.
Why didnt you tell me fxcm was a man?

My only problem was that OPEN trade i have.... fxcm isnt even ANSWERING the phone!!! no automated reply, nothin.......I will have to change.

Their website is down, cant log on to demo, real, or even my micro account. Did the eur/usd dip below the last half hour candlestick at all?? thats where my stop is ( yes on long )
  • #65,878
  • Feb 17, 2009 11:47am Feb 17, 2009 11:47am
Quoting walb99
The big boys know all these numbers in advance. So they trade the market into this direction days before. If the numbers are released, the dump money jumps on them and get traped. In the stock market this phenomenon is called "Sell on good news."

The so called news are new only for the retail trader. It's a scam.
Really, so that is how it works.
  • #65,879
  • Feb 17, 2009 11:49am Feb 17, 2009 11:49am
Quoting Darkseal
Why didnt you tell me fxcm was a man?

My only problem was that OPEN trade i have.... fxcm isnt even ANSWERING the phone!!! no automated reply, nothin.......I will have to change.

Their website is down, cant log on to demo, real, or even my micro account. Did the eur/usd dip below the last half hour candlestick at all?? thats where my stop is ( yes on long )
EU didn't dip, it's trying to head higher, could be a fake but current quote is 1.2571 from my other Oanda platform.
What's that smell?
  • #65,880
  • Feb 17, 2009 11:49am Feb 17, 2009 11:49am
would someone be so kind as to post a 5 min chart here so I can stop
S4!tt!ng myself
405 traders viewing now