EURUSD | Page 6492 | 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

  • #129,821
  • Aug 10, 2009 4:23pm Aug 10, 2009 4:23pm
I feel this daily chart explains todays action very well.

For those interested, I posted this chart and a few others under news:
http://www.forexfactory.com/news.php?do=news&id=189668
Attached Image (click to enlarge)
Click to Enlarge Name: 20090810eurD1.gif Size: 44 KB
  • #129,822
  • Aug 10, 2009 4:46pm Aug 10, 2009 4:46pm
Stochastic- Bearish
MACD- Bearish
RSI- 6 month trend broken, Bearish.

Pretty good entry point.
Attached Image (click to enlarge)
Click to Enlarge Name: EU-8-10-09.PNG Size: 87 KB
  • #129,823
  • Aug 10, 2009 5:07pm Aug 10, 2009 5:07pm
Quoting Code4Capital
Stochastic- Bearish
MACD- Bearish
RSI- 6 month trend broken, Bearish.

Pretty good entry point.
i got 48 area as a good area.. maybe the last one for a while..
those who can, do. those who cant, talk about those who can
  • #129,824
  • Aug 10, 2009 5:10pm Aug 10, 2009 5:10pm
Quoting realjumper
So the daily chart touched, ...Have fun

5c

Your five cents - After today's move, decided to send in euro, saving some money. But expecting some appreciation in next few days. I am long now. SL 1.4040 TP 1.4444.
http://tbn0.google.com/images?q=tbn:...Euro_5cent.png
The Thief of Wall Street
  • #129,825
  • Aug 10, 2009 5:13pm Aug 10, 2009 5:13pm
Quoting Chicky
Your five cents - After today's move, decided to send in euro, saving some money. But expecting some appreciation in next few days. I am long now. SL 1.4040 TP 1.4444.
Thanks for the coin, I'll keep it because we no longer have 5c coins here. After I've saved up heaps of coins I'll trade it and buy you lunch ...... assuming I don't lose it!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #129,826
  • Edited 5:35pm Aug 10, 2009 5:16pm | Edited 5:35pm
ok we got a little more to work with now.. 1.415655 could be new top... 1.397872 next target..of 5...

above is bigger targets smaller ones are 4100 3994
those who can, do. those who cant, talk about those who can
  • #129,827
  • Aug 10, 2009 5:20pm Aug 10, 2009 5:20pm
Quoting gatorinla
ok we got a little more to work with now.. 1.415655 could be new top... 1.397872 next target..of 5
Totally agree with you!! It's going down!! Short @ 1.4145. Target 1.3978?? Why's that???
  • #129,828
  • Aug 10, 2009 5:21pm Aug 10, 2009 5:21pm
Quoting Code4Capital
Stochastic- Bearish
MACD- Bearish
RSI- 6 month trend broken, Bearish.

Pretty good entry point.
hey the top of your chart shows 4437.. how did you come up with that figure?
those who can, do. those who cant, talk about those who can
  • #129,829
  • Aug 10, 2009 5:22pm Aug 10, 2009 5:22pm
Quoting gatorinla
1.397872 next target..of 5
target..of 5...of major 1
  • #129,830
  • Aug 10, 2009 5:29pm Aug 10, 2009 5:29pm
Quoting 5ysfx
target..of 5...of major 1
for now 3226. still too early and this is the bigest one i can make at this point.. i got a few.. waiting to see this thing move before spending the time to post. its still following top post ... i just added the smaller targets.. i think were in the process of charts changing.. the smaller chart will end before bigger chart starts..3994 is the last number on smaller chart. smaller chart was made july 30 and shows the top.. and all the other levels.. since..
those who can, do. those who cant, talk about those who can
  • #129,831
  • Aug 10, 2009 5:38pm Aug 10, 2009 5:38pm
Quoting gatorinla
hey the top of your chart shows 4437.. how did you come up with that figure?
That line is from an earlier entry, just a normal s/r line nothing to take into account until it gets there.

Anyways 1.4156 looks nice good catch. I was looking at 4 hr chart and noticed it looked a bit bullish but I'll pay attention to that level before I do anything with my 4140 entry.
  • #129,832
  • Aug 10, 2009 5:45pm Aug 10, 2009 5:45pm
Quoting Code4Capital
That line is from an earlier entry, just a normal s/r line nothing to take into account until it gets there.

Anyways 1.4156 looks nice good catch. I was looking at 4 hr chart and noticed it looked a bit bullish but I'll pay attention to that level before I do anything with my 4140 entry.
i ask cause it was the one i thought would be the top.. another method said 4444.. 4437 and 4444 are both on list in sequence. just wondered if you were doing something simuliar. since its a off the wall number..
those who can, do. those who cant, talk about those who can
  • #129,833
  • Aug 10, 2009 6:05pm Aug 10, 2009 6:05pm
It looks like crude is holding up over 70 bucks even though a big sellout in the 4H chart... = stronger euro

Eurusd is oversold but after fundamental news "better than expecting" and trend reversal in jobless last week.... that doesn't matter anymore...


A recent divergence between the Euro futures contract and the US dollar index is just one piece of evidence suggesting that the EURUSD has reversed course.


looking for short opportunities before 08:00 London time....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 43 KB
Click to Enlarge Name: untitled2.jpg Size: 79 KB
  • #129,834
  • Aug 10, 2009 6:07pm Aug 10, 2009 6:07pm
Hello fellow traders...I have a question. How come the swap is always more negative than positive? Is my broker railing me?
  • #129,835
  • Aug 10, 2009 6:11pm Aug 10, 2009 6:11pm
Quoting 2+2=4ex
Hello fellow traders...I have a question. How come the swap is always more negative than positive? Is my broker railing me?
are you talking about from spot to forwards?
which broker?
  • #129,836
  • Aug 10, 2009 6:14pm Aug 10, 2009 6:14pm
Quoting Larseg
are you talking about from spot to forwards?
which broker?
I don't know what that means...if I leave a trade open for a long time, I see adjustments under swap. If I have two opposite positions, the negative one is always greater. ???

Forex.com....Gain Capital
  • #129,837
  • Aug 10, 2009 6:18pm Aug 10, 2009 6:18pm
Quoting 2+2=4ex
I don't know what that means...if I leave a trade open for a long time, I see adjustments under swap. If I have two opposite positions, the negative one is always greater. ???

Forex.com....Gain Capital

ok,

are you sure they are 100% reflecting each other?
mataf net has a correlation table in case you want to check... go to tools... correlation table

I have never used forex.com
Only using mbtrading in forex never had that problem...
  • #129,838
  • Aug 10, 2009 6:24pm Aug 10, 2009 6:24pm
Quoting The Fool
http://money.cnn.com/2009/08/10/news...ney_topstories

Boy, you better stop smokin that shit.

I think the rate increase rumor will fizzle this week and we be right back
on the samosamo E/U-S&P inverse correlation.

okay this is wierd, but as long as i'm still smoking' dat shit, everything will tend toward being wierd.

What I'm looking for is the Euro and the CHF to trade at 3200 pips premium the euro.
that's a spread of 3200 points at the rate of 14091 and 10891, roughly 40~50 pips from here.
Now, at that point I'm thinking we'll get a little pressure released into the mkt.

Don't know the 4090 area will make a difference later, but right now it's what I'm looking for
in order to stop and take a larger look, when the prices do what I call "the twix" at 3200.
It's a spread I follow and has absolutely nothing to do with euro/chf.
Just the twix value of the two pairs. It's my signal to zoom out and look bigger picture.
Those numbers change more frequently than the underlying pairs themselves.

SO, I'll leave that one with you, FOOL. If you'd like, keep an eye on the spread of the 2.
Make a funny noise when they reach 3200. Ring a bell or give me some kind of warning though,
because smoking this shit makes me paranoid and I don't want anybody to harsh my mellow.

I'm gonna need some extra hamburgers now......
  • #129,839
  • Aug 10, 2009 6:26pm Aug 10, 2009 6:26pm
Quoting 2+2=4ex
Hello fellow traders...I have a question. How come the swap is always more negative than positive? Is my broker railing me?

No broker will want to pay you if you hedge, like selling and buying the same currency pair at the same time. We would have been all millionaires
  • #129,840
  • Aug 10, 2009 6:34pm Aug 10, 2009 6:34pm
Quoting stribijev
No broker will want to pay you if you hedge, like selling and buying the same currency pair at the same time. We would have been all millionaires
I'm not asking to make a profit on the swap. But why isn't it even? Why is it a loss for the trader? I would think it should be even. In other words no money won or lost if the hedged positions are equal and opposite.
513 traders viewing now, 2 are registered:
aaa88
,
Invad