EURUSD | Page 5691 | 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

  • #113,801
  • Jun 23, 2009 2:16pm Jun 23, 2009 2:16pm
Quoting Patience
Hi djambazov84

I have seen you frequenting Igrok's thread. Would it be possible to have your opinion? Would he consider this the "kiss of death" or am I way off?

Attachment
hi there patience,
yes I believe you are technically correct, good job on the correct identification of the trendline. See so many people just curve-fit their trendlines so that their perceived analysis looks correct when in fact it is not the case at all.
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #113,802
  • Jun 23, 2009 2:16pm Jun 23, 2009 2:16pm
Yesterday it was a Bearish flag and came thru for 50-60 pips. Today its a Bullish flag and this will probably be worth more than that. Some one will get the message in here one of these times.

Ne
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 24 KB
  • #113,803
  • Jun 23, 2009 2:16pm Jun 23, 2009 2:16pm
Quoting djambazov84
would you kindly mind substantiating your calls with anything close to analysis/chart ?
scottys a fib guru..he knows his stuff

eu is here now because of news causing dollar weaknes.. first iran the nigeria pipline bs.. it happens several times a year.. it seems to happen more often when oil looks to drop at key levels. this weakens dollar across the board ect.. this spike may be temp.. but we got u.s. news out this week so who knows. also during this spike one of the ez members said "no more rate cuts for euro"..
those who can, do. those who cant, talk about those who can
  • #113,804
  • Jun 23, 2009 2:19pm Jun 23, 2009 2:19pm
Quoting djambazov84
hi there patience,
yes I believe you are technically correct, good job on the correct identification of the trendline. See so many people just curve-fit their trendlines so that their perceived analysis looks correct when in fact it is not the case at all.
Okay, thanks for your response. I'm too to ask in that thread (in case I get laughed off it!)
Nothing worth having is easy.
  • #113,805
  • Jun 23, 2009 2:22pm Jun 23, 2009 2:22pm
Quoting gatorinla
scottys a fib guru..he knows his stuff

eu is here now because of news causing dollar weaknes.. first iran the nigeria pipline bs.. it happens several times a year.. it seems to happen more often when oil looks to drop at key levels. this weakens dollar across the board ect.. this spike may be temp.. but we got u.s. news out this week so who knows. also during this spike one of the ez members said "no more rate cuts for euro"..
I did not in any way downgrade his call since I too respect his work. In fact I am short e/u too as it bumped its head against the 61fib from the high @ 1.4335. All I wanted to see is a little bit of info on why someone is making a call. Otherwise this thread is turning into a horse betting forum.
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #113,806
  • Jun 23, 2009 2:29pm Jun 23, 2009 2:29pm
Quoting djambazov84
I did not in any way downgrade his call since I too respect his work. In fact I am short e/u too as it bumped its head against the 61fib from the high @ 1.4335. All I wanted to see is a little bit of info on why someone is making a call. Otherwise this thread is turning into a horse betting forum.

ok .. i did not know you knew him..yes you and i both took the same fib.. but i bailed with a mega position (enter 4108 exited 4085)for 23 pips. i was able to renter at 4105 for long term hopefully.
those who can, do. those who cant, talk about those who can
  • #113,807
  • Jun 23, 2009 2:32pm Jun 23, 2009 2:32pm
Quoting gatorinla
ok .. i did not know you knew him..yes you and i both took the same fib.. but i bailed with a mega position (enter 4108 exited 4085)for 23 pips. i was able to renter at 4105 for long term hopefully.
i just hope we did not sell @ the top of a mini bull flag
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #113,808
  • Jun 23, 2009 2:33pm Jun 23, 2009 2:33pm
Quoting bablo
Well actually the monthly S1 is at 1.3488 and we are to tap it.

But I'm sure you already knew that right? You just wanted to make sure that people don't just make calls out thin air.

If you didn't know then maybe you should have a look at the other EU Redux thread.

I posted an indi earlier today.

The other thread has a little more meat on the bones.
I dont think I had you in mind buddy. Anyway thanks for the info its good to know
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #113,809
  • Jun 23, 2009 2:36pm Jun 23, 2009 2:36pm
A lot of posts recently about how the Euro needs to either shit or get off the pot...

Well I'm thinking this is the pump, before the big dump...
  • #113,810
  • Jun 23, 2009 2:36pm Jun 23, 2009 2:36pm
Quoting Patience
Well it's not something I would recommend of course but they were only small positions (relative to my account) and it didn't affect my trading. I think The Fool trades rather larger positions though and with the FOMC statement tomorrow, it's a little risky either way. And back then you could hedge so I just used the margin to trade the other way when it became really obvious I was in the wrong direction.
Wasn't the swap (rollover costs) like increasing every day?
  • #113,811
  • Jun 23, 2009 2:39pm Jun 23, 2009 2:39pm
Quoting F.x.
A lot of posts recently about how the Euro needs to either shit or get off the pot...

Well I'm thinking this is the pump, before the big dump...
I hope you are right. I will follow him around with a bucket on the end of a pole.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #113,812
  • Jun 23, 2009 2:41pm Jun 23, 2009 2:41pm
Quoting djambazov84
i just hope we did not sell @ the top of a mini bull flag
oh well i got mine the first time.. my second position is smaller then the first. we will hopefully have a long term direction this week..if direction is dollar possitive, im thinking a nice ride down.. i would not doubt someone retracts comments of ez member that spoke earlier.
those who can, do. those who cant, talk about those who can
  • #113,813
  • Jun 23, 2009 2:42pm Jun 23, 2009 2:42pm
Quoting djambazov84
would you kindly mind substantiating your calls with anything close to analysis/chart ?
Sorry for being short in my post, pardon the pun.
Here are a couple charts.

Of course this trade could fail, thats where solid money management comes riding in on a horse and saves my butt, and I simply wait for the next one.

Thanks for calling me out on that one, thats what we're all here for I suppose

Regards,

Scotty B
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ffeu.jpg Size: 92 KB
Click to Enlarge Name: ffeu2.jpg Size: 91 KB
Click to Enlarge Name: ffeu3.jpg Size: 70 KB
  • #113,814
  • Jun 23, 2009 2:46pm Jun 23, 2009 2:46pm
Quoting Scotty B
Sorry for being short in my post, pardon the pun.
Here are a couple charts.

Of course this trade could fail, thats where solid money management comes riding in on a horse and saves my butt, and I simply wait for the next one.

Thanks for calling me out on that one, thats what we're all here for I suppose

Regards,

Scotty B
Great !!! I truly appreciate your work and please by all means I was not trying to call you out or anything just wanted to give my self an excuse for my short

good luck Sir !
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #113,815
  • Jun 23, 2009 2:50pm Jun 23, 2009 2:50pm
Quoting TheFisherman
Wasn't the swap (rollover costs) like increasing every day?
Yes, I had negative rollover on a couple of positions and positive rollover on another but they were only small positions so the rollover wasn't much and I traded the other way anyway without having to use any other further margin. From memory, if I had capitulated at the highs, I think I would have lost 4x the amount of money that I had paid for the negative rollover and the positive rollover position I came out ahead even though I didn't quite wait for it to hit my position. If that makes sense ....
Nothing worth having is easy.
  • #113,816
  • Jun 23, 2009 2:50pm Jun 23, 2009 2:50pm
Oh damn... I came home from work a few hours ago and all I see are flatliners
Could manage to make 9 pips! lol
Close your eyes when you feel you are going under.
  • #113,817
  • Jun 23, 2009 2:51pm Jun 23, 2009 2:51pm
The Bear move is dead, so be careful for the next days.

Like I have wrote we couldn't see my temporal line being broke, she was broken at 1.3891, after that only rise.

My shorts are gone and now I think only to open long trades until I see 1.5300.

My advise now it is long the drops.

bye all and GL
  • #113,818
  • Jun 23, 2009 2:53pm Jun 23, 2009 2:53pm
Quoting gatorinla
scottys a fib guru..he knows his stuff

eu is here now because of news causing dollar weaknes.. first iran the nigeria pipline bs.. it happens several times a year.. it seems to happen more often when oil looks to drop at key levels. this weakens dollar across the board ect.. this spike may be temp.. but we got u.s. news out this week so who knows. also during this spike one of the ez members said "no more rate cuts for euro"..
Hold on, I don't get it... which news are supposed to kick the dollar down? I don't think Iran and oil pipes? (although I agree with you timing on these pipes blow out is rather intriguing)
  • #113,819
  • Jun 23, 2009 2:54pm Jun 23, 2009 2:54pm
Quoting gatorinla
...
What happened to your face!
Close your eyes when you feel you are going under.
  • #113,820
  • Jun 23, 2009 2:55pm Jun 23, 2009 2:55pm
Quoting djambazov84
i just hope we did not sell @ the top of a mini bull flag
A calf is not a bull, at least yet.
The Thief of Wall Street
400 traders viewing now