EURUSD | Page 3716 | 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

  • #74,301
  • Mar 11, 2009 10:32pm Mar 11, 2009 10:32pm
Quoting Bemac
Q) when do you decide it is no longer a flag but possibly a Channel? 5 Bars? 10, 15, 40?
Just asking...
Do you mean for the continuation flag formations?

I don't focus on the amount of bars, I do take note of the amount of retracement it does of the prior move. Obviously the smaller the better. Above 50% and I regard it as much less probable, but still not out of the question. It also depends on the pair. Geppy for example throws out 78.6% continuation flags quite often.
  • #74,302
  • Mar 11, 2009 10:33pm Mar 11, 2009 10:33pm
Quoting Chicky
Those are no numbers ......... Figures
it figures
those who can, do. those who cant, talk about those who can
  • #74,303
  • Mar 11, 2009 10:34pm Mar 11, 2009 10:34pm
Quoting KillerWhale
...Daily has higher highs and higher lows for a number of days now....
Daily has made a higher low, not a higher high as of yet. 1.2992 is the last daily swing high.
  • #74,304
  • Mar 11, 2009 10:34pm Mar 11, 2009 10:34pm
Somebody can help me, how long more for 4H chart to close?
Liz
  • #74,305
  • Mar 11, 2009 10:37pm Mar 11, 2009 10:37pm
Quoting dunningduke
KillerWhale,

I think you are right. I am afraid we might see a sharp move to the upside.
Lol why afraid? or are you short at the moment? Then try hedge.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #74,306
  • Mar 11, 2009 10:43pm Mar 11, 2009 10:43pm
Quoting KillerWhale
Lol why afraid? or are you short at the moment? Then try hedge.

2870 tested
  • #74,307
  • Mar 11, 2009 10:45pm Mar 11, 2009 10:45pm
Quoting CAnthonyMVE
2870 tested
Well,
I'm finally better than break even, but I still have 4 shorts open. Down anyone? Hope so.
  • #74,308
  • Mar 11, 2009 10:46pm Mar 11, 2009 10:46pm
Quoting NuckingFuts
Do you mean for the continuation flag formations?

I don't focus on the amount of bars, I do take note of the amount of retracement it does of the prior move. Obviously the smaller the better. Above 50% and I regard it as much less probable, but still not out of the question. It also depends on the pair. Geppy for example throws out 78.6% continuation flags quite often.
OK. as long as you are thinking.
  • #74,309
  • Mar 11, 2009 10:47pm Mar 11, 2009 10:47pm
Still didnt break my channel.
http://i157.photobucket.com/albums/t...tire/5min5.gif

http://i157.photobucket.com/albums/t...tire/5min6.gif
  • #74,310
  • Mar 11, 2009 10:50pm Mar 11, 2009 10:50pm
Quoting CAnthonyMVE
2870 tested
Wow, didn't see that but it kind of proves for me that I'm right. Trying to get good entry point now for longs, I had already some in place.
Next stop 1.2898 and then 1.2999? Will be a bumpy ride probably, but it seems like it wants to go there.
I also see it in the price of gold. I bought 2 pounds of gold 24 hours ago, it is up about 2000 pips now. (About $500). Dollar lower > Gold higher.

Shamu
New voice message: Why are you calling me? If I need you, I'll call you!
  • #74,311
  • Mar 11, 2009 10:50pm Mar 11, 2009 10:50pm
Quoting Lizeth_doll
Somebody can help me, how long more for 4H chart to close?

this depends on your broker..

there are obivously 4 hours in a 4H chart.. Anyone have a different opinion?

Therefore:
*. If your broker opened its candle right this hour, then it will take another 3 hours to close that candle.
* If your broker opened its candles 1 hour ago, then it will take another 2 hours to close that candle.
* if your broker open its candles 2 hours ago, then it will take another hour to close it.
* if your broker opened its candles 3 hours ago, then it will close it on this very hour.

this is why it is very difficult to discuss H4 charts with other traders... same true with Daily charts...
  • #74,312
  • Mar 11, 2009 10:50pm Mar 11, 2009 10:50pm
Quoting KillerWhale
Lol why afraid? or are you short at the moment? Then try hedge.
I am currently out, but have a short pending order about 100 pips away.
I am always afraid-never certain.
Price has been speaking loudly over the past couple of weeks. With a lot going the USD's way, the pair was still unable to breakout and head to lower levels.

Best
  • #74,313
  • Mar 11, 2009 10:52pm Mar 11, 2009 10:52pm
Quoting weswes
Still didnt break my channel.
http://i157.photobucket.com/albums/t...tire/5min5.gif
Q) Why are all 3 of your Indicators Positive when you {at least from This Post, appear to be} Negative?
  • #74,314
  • Mar 11, 2009 10:54pm Mar 11, 2009 10:54pm
Quoting Bemac
Q) Why are all 3 of your Indicators Positive when you {at least appear to be} Negative?
Because we are at resistance. i Sell at proven resistance and buy at support.
  • #74,315
  • Mar 11, 2009 10:55pm Mar 11, 2009 10:55pm
Quoting dallavise
Well,
I'm finally better than break even, but I still have 4 shorts open. Down anyone? Hope so.
not that I am bearish, but I'd like to see a drop so I can buy at lower prices.
ie, i am actually bullish with eurusd...
  • #74,316
  • Mar 11, 2009 11:01pm Mar 11, 2009 11:01pm
If it breaks and can close above 2870 I think we may see 1.3000...If not then then will short below 2800 and target 2770, the 2750...but will keep close eye on S/L....just my pip opinion..

eur.gif
Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 30 KB
  • #74,317
  • Mar 11, 2009 11:04pm Mar 11, 2009 11:04pm
Quoting ragnakore
not that I am bearish, but I'd like to see a drop so I can buy at lower prices.
ie, i am actually bullish with eurusd...
Then Buy. What are you waiting for? Someone else to tell you it's OK.

Really I don't think you're waiting but wanted to dig a little deeper into what you are waiting for...
  • #74,318
  • Mar 11, 2009 11:10pm Mar 11, 2009 11:10pm
Quoting Bemac
when do you decide it is no longer a flag but possibly a Channel? 5 Bars? 10, 15, 40?
Just asking...

Sorry, I think I just got what your question was after

It's the quality of the formation I am most concerned with.

How do I explain...

A narrow, clean trading range/channel is what I look for. Zoom out a timeframe or two and the good ones look like one bar channels or close to it anyway.

Here's an example of a bear flag on the 15 minute, expanded out to the hourly.

Notice there's is not really a strong "sharp" move down prior to it.

Attached Image

Attached Image
  • #74,319
  • Mar 11, 2009 11:11pm Mar 11, 2009 11:11pm
Quoting Bemac
Then Buy. What are you waiting for? Someone else to tell you it's OK.

Really I don't think you're waiting but wanted to dig a little deeper into what you are waiting for...
im a pullback trader not a break out trader.

of course i'd miss lots of opportunities for not jumping into the water.
but i also avoided huge losses for not jumping too early
  • #74,320
  • Mar 11, 2009 11:12pm Mar 11, 2009 11:12pm
I do have little shorts open but I give them a last chance in the London session. They are more than hedged so there is no risk.
I am mainly long at the moment.
New voice message: Why are you calling me? If I need you, I'll call you!
534 traders viewing now, 2 are registered:
Mpumi18
,
F.g