EURUSD | Page 7146 | 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

  • #142,901
  • Sep 15, 2009 10:36am Sep 15, 2009 10:36am
Quoting vinesh2
Does't seem like anyone cares that gold is over 1000 and oil is on the verge of breakout.
maybe but 75 plus oil may push stocks over the cliff.
those who can, do. those who cant, talk about those who can
  • #142,902
  • Sep 15, 2009 10:36am Sep 15, 2009 10:36am
Atlast,

How do you determine this buying pressure? I do see my volume chart showing a decrease in 1 hr tf....is this what you look at?
  • #142,903
  • Sep 15, 2009 10:37am Sep 15, 2009 10:37am
Quoting Atlast
Trader must take profit. Only a matter of time.
More often shorts capitulate, and fuel the buying into new highs,
and support the PA when the price falls to a level they can get out close to Breakeven. Longs have no reason to exit a position, until the PA tells them too, and thats usually when there are no buyers, and the shorts have capitulated. Then they become shorts themselves
good trading to you
  • #142,904
  • Sep 15, 2009 10:37am Sep 15, 2009 10:37am
Quoting GulfCoastPip
Looks like we're gonna have a short opp coming in the next few minutes. Perhaps..... Need to break through support at 4636 though. If we get past 4648, 4650 the sky is the limit.
not really
those who can, do. those who cant, talk about those who can
  • #142,905
  • Sep 15, 2009 10:41am Sep 15, 2009 10:41am
Quoting nvcK
I think euro is just pricing in dollar inflation. US got a stockflation. They do not have the typical, consumer side inflation since banks kept all the TARP money and gamble it in stocks now hoping mutual funds and retail are gonna jump in. However, the printed money will eventually work its way through the markets and when it hits forex, dollar goes down the drain.
That is exactly what I think. Banks all other the world need to invest the enormous amounts of money they are given via quantitative easing and bailout programs. They also need to cover losses. They just cannot give the money to consumers because the likelihood of default is very high, thus the money went to the commodity market first and then to stock and forex. A bad thing is the banks eventually will have to return the money, and this will cause a new down leg across all assets including this pair.
Wookey
  • #142,906
  • Sep 15, 2009 10:41am Sep 15, 2009 10:41am
Quoting WhipSawFX
More often shorts capitulate, and fuel the buying into new highs,
and support the PA when the price falls to a level they can get out close to Breakeven. Longs have no reason to exit a position, until the PA tells them too, and thats usually when there are no buyers, and the shorts have capitulated. Then they become shorts themselves
good trading to you
  • #142,907
  • Sep 15, 2009 10:41am Sep 15, 2009 10:41am
Quoting gatorinla
not really
She just launched!
  • #142,908
  • Sep 15, 2009 10:43am Sep 15, 2009 10:43am
Now we'll see a small retrace, hit 4680 or real close, then break through it. Probably by the end of NY.
  • #142,909
  • Sep 15, 2009 10:43am Sep 15, 2009 10:43am
i have two shorts now,4645 and 4677,we will see what happend..
When two fight, third one laughs
  • #142,910
  • Sep 15, 2009 10:43am Sep 15, 2009 10:43am
Okay I exited half at that spike 1.4671, take profit. woooooooooooo

-1.471 for the rest unless 4671 to 471 disolves
----- Dragonfly out in the sun you know what I mean, don't you know
  • #142,911
  • Sep 15, 2009 10:44am Sep 15, 2009 10:44am
Quoting Atlast
WhipSawFX,

 post of the day

excellent stuff
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #142,912
  • Sep 15, 2009 10:44am Sep 15, 2009 10:44am
Quoting hetzerr
i have two shorts now,4645 and 4677,we will see what happend..
Being short when you should be long sucks.
  • #142,913
  • Sep 15, 2009 10:44am Sep 15, 2009 10:44am
We are on our way to 1.47 on eu
  • #142,914
  • Sep 15, 2009 10:47am Sep 15, 2009 10:47am
Quoting hetzerr
i have two shorts now,4645 and 4677,we will see what happend..
can you explain your reasoning behind going against the strong up trend?
  • #142,915
  • Sep 15, 2009 10:48am Sep 15, 2009 10:48am
Quoting ashlee_17
can you explain your reasoning behind going against the strong up trend?
gambling?
  • #142,916
  • Sep 15, 2009 10:50am Sep 15, 2009 10:50am
I think Gold is on its way to 1020 next I think. Its 1007 at the time of writing. Euro should continue to weaken to 1.47. In addition, a strong finish today in equiuties and we'll have a breakout on the s&p 500 targeting about 1200 resistance level next. I'd look for the the s&p to finish the week above 1050 before I'd get to committed though.
  • #142,917
  • Sep 15, 2009 10:51am Sep 15, 2009 10:51am
Quoting IMARICH1
Atlast,

How do you determine this buying pressure? I do see my volume chart showing a decrease in 1 hr tf....is this what you look at?
Yes. It broke out trendline break, lots of stops taken out most likely, propelling the move up.
  • #142,918
  • Sep 15, 2009 10:53am Sep 15, 2009 10:53am
Quoting Maxsmart
I think Gold is on its way to 1020 next I think. Its 1007 at the time of writing. Euro should continue to weaken to 1.47. In addition, a strong finish today in equiuties and we'll have a breakout on the s&p 500 targeting about 1200 resistance level next. I'd look for the the s&p to finish the week above 1050 before I'd get to committed though.
I think you mean strengthen to 1.47+++++. We'll see 1.4750 before the end of the week.
  • #142,919
  • Sep 15, 2009 10:55am Sep 15, 2009 10:55am
Quoting hetzerr
i have two shorts now,4645 and 4677,we will see what happend..
You get lucky or margin call.
  • #142,920
  • Sep 15, 2009 10:56am Sep 15, 2009 10:56am
here comes 1.47
606 traders viewing now