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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

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  • Post #148,821
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  • Oct 2, 2009 10:20am Oct 2, 2009 10:20am
  •  market man
  • | Joined Jul 2009 | Status: Member | 15 Posts
Quoting fxswing
Disliked
Don't forget that's it's the start of the month / quarter, money is flowing...
Ignored
Hi fxswing, what is the usuall expected effect of start of the month / quarter on currency especially EUR/USD ?

and what the cause of the recent spike in EUR/USD in the last 30 minutes ?

thanks
Ayman
 
 
  • Post #148,822
  • Quote
  • Oct 2, 2009 10:22am Oct 2, 2009 10:22am
  •  Pipster888
  • | Membership Revoked | Joined May 2008 | 1,027 Posts
watch the usd rally in the next 2 weeks ...aka china...
 
 
  • Post #148,823
  • Quote
  • Oct 2, 2009 10:23am Oct 2, 2009 10:23am
  •  sophiaphia
  • | Joined Jul 2009 | Status: naughty | 915 Posts
Quoting n000b
Disliked
then why were you asking the forex Gods to jack it up !?!?!?! damn, had to inject a few billions just to make it look good to you! I want my money back!
Ignored
No worries! Bernanke is printing dollars as fast as he can! A mule named Chester will be arriving soon.
ciao
----- Dragonfly out in the sun you know what I mean, don't you know
 
 
  • Post #148,824
  • Quote
  • Oct 2, 2009 10:30am Oct 2, 2009 10:30am
  •  Forbes55
  • | Joined Oct 2008 | Status: Member | 1,035 Posts
Quoting Pipster888
Disliked
pulling back now nice gap up triggered my sell...4630
Ignored
just sold this bi*ch
ROBOT FOREX
 
 
  • Post #148,825
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  • Oct 2, 2009 10:32am Oct 2, 2009 10:32am
  •  vinesh2
  • | Joined Aug 2007 | Status: Member | 2,616 Posts
Forbes hold on to that short for a little while
 
 
  • Post #148,826
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  • Oct 2, 2009 10:32am Oct 2, 2009 10:32am
  •  sophiaphia
  • | Joined Jul 2009 | Status: naughty | 915 Posts
Apologize, correct my post...Nasdaq 09 pivot is 1690, not 1666, it is now printing 1670.
----- Dragonfly out in the sun you know what I mean, don't you know
 
 
  • Post #148,827
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  • Oct 2, 2009 10:38am Oct 2, 2009 10:38am
  •  n000b
  • | Joined Mar 2009 | Status: The Chick Magnet | 187 Posts
Quoting sophiaphia
Disliked
Apologize, correct my post...Nasdaq 09 pivot is 1690, not 1666, it is now printing 1670.
Ignored
could you please post the eu chart that you trade with?
If it floats, flies, or f%^ks, rent it, it's cheaper.
 
 
  • Post #148,828
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  • Oct 2, 2009 10:38am Oct 2, 2009 10:38am
  •  IMARICH1
  • Joined Feb 2006 | Status: Member | 1,718 Posts
I have a V-top at 4641 on EU with Bearish DIV on RSI....But looks like the CHF could drop a littel more to 0289....

Vinesh2 are you looking at a better place to SHORT....

Atlast your median line was around 4625 I believe....your thoughts are welcomed.....to many good arguments for a Short or LONG here....
 
 
  • Post #148,829
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  • Oct 2, 2009 10:39am Oct 2, 2009 10:39am
  •  Fly2
  • | Joined Nov 2008 | Status: Everyone Breaks Even. | 2,296 Posts
Where price has been before
numbers aren't exact but close
Attached Image (click to enlarge)
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Size: 188 KB
 
 
  • Post #148,830
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  • Oct 2, 2009 10:41am Oct 2, 2009 10:41am
  •  vinesh2
  • | Joined Aug 2007 | Status: Member | 2,616 Posts
IMARCHI good place to short is right here I would not go long right now. Weekley RSI is still bearish and if we close below mid 1.46 then we shall see new lows in coming weeks
 
 
  • Post #148,831
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  • Oct 2, 2009 10:41am Oct 2, 2009 10:41am
  •  fxswing
  • Joined Aug 2006 | Status: Member | 1,355 Posts
Quoting market man
Disliked
Hi fxswing, what is the usuall expected effect of start of the month / quarter on currency especially EUR/USD ?

and what the cause of the recent spike in EUR/USD in the last 30 minutes ?

thanks
Ayman
Ignored
Lots of players take positions at the start of the month/quarter.
This often gives big moves on the 2-5 first sessions of the month / quarter.

For the "spike" I would say that daily/weekly buyers entered the market again after a decent pullback, below 1.4500.
Nothing really changed and the trend is still up on higher time frame.
Getting it right is NOT as important as not getting it wrong.
 
 
  • Post #148,832
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  • Oct 2, 2009 10:42am Oct 2, 2009 10:42am
  •  X.Oden
  • | Joined Feb 2006 | Status: Spartan Attitude | 1,500 Posts
So far its playing out the way I'm seeing it...

http://www.forexfactory.com/showpost...stcount=148306
In Charts We Trust!
 
 
  • Post #148,833
  • Quote
  • Oct 2, 2009 10:44am Oct 2, 2009 10:44am
  •  Atlast
  • Joined Apr 2009 | Status: Member | 4,214 Posts
Quoting IMARICH1
Disliked
I have a V-top at 4641 on EU with Bearish DIV on RSI....But looks like the CHF could drop a littel more to 0289....

Vinesh2 are you looking at a better place to SHORT....

Atlast your median line was around 4625 I believe....your thoughts are welcomed.....to many good arguments for a Short or LONG here....
Ignored
My median line at 1.4628. It's end of the week, the market has tradeed above the upper ML, there is a lot of buying pressure. The market has tested and moved above and below R1 at 1.4633. Long term players are looking at 1.4658 to be taken out. The market typically moves up for another hour from here. Short is now counter the new trend.
There is likelihood the market will get back to 1.4605.
 
 
  • Post #148,834
  • Quote
  • Oct 2, 2009 10:45am Oct 2, 2009 10:45am
  •  nomelack
  • | Joined Oct 2009 | Status: Junior Member | 3 Posts
It have been consolidating around 1.4610 -1.4630. I guess not much more movement as we are heading into the weekend?
 
 
  • Post #148,835
  • Quote
  • Oct 2, 2009 10:45am Oct 2, 2009 10:45am
  •  myfx
  • | Joined Aug 2008 | Status: -always Junior by nature- | 336 Posts
Quoting trading801
Disliked
nah. i am just an average trader

anyway, if you want to read more forex topics.. u can go my blog and click on forex... i have topics like... gold and usd ... S&P 500 and eur/usd relation

etc etc

www.thegeekknows.com

happy reading and best of trades !!
Ignored


Fly2 & trading801,

Thank you guys..i am negative at the movement, but it is still under 2% of risk..hopefully EUR will drop soon...

801, thanks for the link..i will go through it during the week-end.

-myfx-


-happyTrading-myFx.
 
 
  • Post #148,836
  • Quote
  • Oct 2, 2009 10:48am Oct 2, 2009 10:48am
  •  X.Oden
  • | Joined Feb 2006 | Status: Spartan Attitude | 1,500 Posts
Look at the chart I posted...this will give you some direction...

http://www.forexfactory.com/showpost...stcount=148306


Quoting myfx
Disliked
Fly2 & trading801,

Thank you guys..i am negative at the movement, but it is still under 2% of risk..hopefully EUR will drop soon...

801, thanks for the link..i will go through it during the week-end.

-myfx-

Ignored
In Charts We Trust!
 
 
  • Post #148,837
  • Quote
  • Oct 2, 2009 10:50am Oct 2, 2009 10:50am
  •  market man
  • | Joined Jul 2009 | Status: Member | 15 Posts
Quoting fxswing
Disliked
Lots of players take positions at the start of the month/quarter.
This often gives big moves on the 2-5 first sessions of the month / quarter.

For the "spike" I would say that daily/weekly buyers entered the market again after a decent pullback, below 1.4500.
Nothing really changed and the trend is still up on higher time frame.
Ignored
Thanks brother
 
 
  • Post #148,838
  • Quote
  • Oct 2, 2009 10:50am Oct 2, 2009 10:50am
  •  IMARICH1
  • Joined Feb 2006 | Status: Member | 1,718 Posts
Atlast and Vinesh2,

Thanks for your input......

The thing I struggle with on the SHort side is that a Bank Trader who was in the trading scene for a few years said the Banks use the 20ma on the Day Chart. We were in an uptrend for awhile last week and previous and have now come back and touched it. It appears the 20ma is holding up the EU on the Day chart.....

So it make me think LONG is correct.....
 
 
  • Post #148,839
  • Quote
  • Oct 2, 2009 10:51am Oct 2, 2009 10:51am
  •  Pipster888
  • | Membership Revoked | Joined May 2008 | 1,027 Posts
dropping....
 
 
  • Post #148,840
  • Quote
  • Oct 2, 2009 10:55am Oct 2, 2009 10:55am
  •  myfx
  • | Joined Aug 2008 | Status: -always Junior by nature- | 336 Posts
Quoting X.Oden
Disliked
Look at the chart I posted...this will give you some direction...

http://www.forexfactory.com/showpost...stcount=148306
Ignored

Hi O'den,

Thank you man..hope it will happen.

-myfx-
-happyTrading-myFx.
 
 
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