EURUSD | Page 7837 | 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

  • #156,721
  • Oct 28, 2009 9:05pm Oct 28, 2009 9:05pm
Quoting mta900_fx
True,Shell did some nasty stuff with those naked shorts, but it only has couple % of buying power,that Abu Dhabi and Hall have I've seen those transactions.Billions of dollars,on steroids (leverage..)
Gotta go now, have fun!
goldman owned oil in jersey.. they filled all the tanks they could rent including tankers to keep it out the system. they had the whole east coast sewed up especially jersey. they kept buying it and storing it to increase demand. and screamed 200 bucks pb as they sold at 147 sucking in others to buy it. the problem is they still were holding some paper futures when the bottom fell out.. then they scewed their partners. and had personal margin calls.. aig and paulson to the rescue.
Gotta go now, have fun![/quote]
those who can, do. those who cant, talk about those who can
  • #156,722
  • Oct 28, 2009 9:11pm Oct 28, 2009 9:11pm
eu going back to up

target 1.5100
  • #156,723
  • Oct 28, 2009 9:15pm Oct 28, 2009 9:15pm
Quoting riskyachtar
eu going back to up

target 1.5100
retrace??above previous high not really a retrace...made me laugh
funny englishlike watching borat
  • #156,724
  • Oct 28, 2009 9:26pm Oct 28, 2009 9:26pm
[HEDGE FUNDS] The news broke out overnight; but still affecting risk appetite is fears that further hedge fund frauds could be around the corner on rpts that a German fund of funds, K1 Group, is now being investigated. K1 Group, which had almost $1 bln under management, is reportedly embroiled in an int'l criminal investigation after saddling banks including Barclays, JPMorgan and BNP Paribas with about $400 mln of losses. According to various rpts, European and US authorities are examining whether K1 deceived banks when borrowing money to ratchet up the size of its invts (ie circular trading), with prosecutors set to announce the first charges in the case as soon as this week. Further fraud cases by hedge funds or funds of funds risk to emerge over the coming mths; placing risk appetite back on the burner, as redemptions pick up pace.
those who can, do. those who cant, talk about those who can
  • #156,725
  • Oct 28, 2009 9:27pm Oct 28, 2009 9:27pm
in trendline support
Attached Image
  • #156,726
  • Oct 28, 2009 9:31pm Oct 28, 2009 9:31pm
Quoting gatorinla
[HEDGE FUNDS] The news broke out overnight; but still affecting risk appetite is fears that further hedge fund frauds could be around the corner on rpts that a German fund of funds, K1 Group, is now being investigated. K1 Group, which had almost $1 bln under management, is reportedly embroiled in an int'l criminal investigation after saddling banks including Barclays, JPMorgan and BNP Paribas with about $400 mln of losses. According to various rpts, European and US authorities are examining whether K1 deceived banks when borrowing money to ratchet...
uhu!!! come back party!!!
Let us be green
  • #156,727
  • Oct 28, 2009 9:51pm Oct 28, 2009 9:51pm
Quoting gatorinla
[HEDGE FUNDS] The news broke out overnight; but still affecting risk appetite is fears that further hedge fund frauds could be around the corner on rpts that a German fund of funds, K1 Group, is now being investigated. K1 Group, which had almost $1 bln under management, is reportedly embroiled in an int'l criminal investigation after saddling banks including Barclays, JPMorgan and BNP Paribas with about $400 mln of losses. According to various rpts, European and US authorities are examining whether K1 deceived banks when borrowing money to ratchet...
Sweet, let's have some funds fail like now...
  • #156,728
  • Oct 28, 2009 9:57pm Oct 28, 2009 9:57pm
Quoting ledobedo
retrace??above previous high not really a retrace...made me laugh
funny englishlike watching borat

Well, I'm not going to make fun of someone's english, but the 15100 call is out of place
for tonites PA. Now next month we could (and probably will) be trading in a whole other set of handles.
130's, 140's, 150's, 160's - take your pick. They could take it anywhere at this point.

My outlook has been lower this week and I'm glad to see the bullishness subside.

Bull markets often drop faster than they rise and that's even true in forex
where one side of a pair is the opposite of the other side. How can that be, you might ask ?
Euro/XXX can fall faster than the USD/XXX because it's been in an 9 year uptrend.
Even a 3700 pip drop last year didn't break the uptrend, it's still trying to climb aimlessly up there.
Dollar has been dropping for going on 25 years. It's a different mkt.

Even with all that, I stil like to look at short plays in euro, since it's downside corrections are sharp.
I withdraw away from this angle of attack at times because the market forces
are at work, pushing it higher. While it's on the rise, I try not to get in it's way
because it can be devastating. Counter trending is not an amature sport. The ammo is live.

But when it does take a hit, we all now see what kind of plunging it's capable of in rather short order.

Two or 300 pips isn't all that meaningful. Two or three thousand pips, up and down, 2 or 3 times
within a year or so is history-making. Fortunes changed hands on those moves.

So here's this guy, he likes 151 and that's that.
Personally, I like 135 but that's for the market to decide.

If it was up to me, we'd trade 145/150 on Mondays and Tuesdays
and 125/130 on Thursdays and Fridays. I'd take Wednesday off.
  • #156,729
  • Oct 28, 2009 10:15pm Oct 28, 2009 10:15pm
in my picture eu in trendline support, i think will retrace today
  • #156,730
  • Oct 28, 2009 10:15pm Oct 28, 2009 10:15pm
Quoting toshi
Well, I'm not going to make fun of someone's english, but the 15100 call is out of place
.

lol not making fun just stating he made me laugh:0guy is funny life to trade haha..my view is bearish..but my trading might differ to others...i mean if we get the right news call to spark this thing down .my view is that eurusd started rising from feb, showing impulsive structure...my count to 5 finishd on 5061 and for me even 50% correction of that feb move, which is in the 1.3ssss is not an insane idea..but then again i dont trade intraday at all only when really bored and looking for stress...i shorted it when it first hit 1.5, was a loosing trade for a week but kept it, closed half on 1.47 left the second to run with 150 trailing stop..it can go long way
  • #156,731
  • Oct 28, 2009 10:21pm Oct 28, 2009 10:21pm
Quoting ledobedo
lol not making fun just stating he made me laugh:0guy is funny life to trade haha..my view is bearish..but my trading might differ to others...i mean if we get the right news call to spark this thing down .my view is that eurusd started rising from feb, showing impulsive structure...my count to 5 finishd on 5061 and for me even 50% correction of that feb move, which is in the 1.3ssss is not an insane idea..but then again i dont trade intraday at all only when really bored and looking for stress...i shorted it when it first hit 1.5, was a loosing...
well said and very nice analysis
  • #156,732
  • Edited 10:37pm Oct 28, 2009 10:24pm | Edited 10:37pm
Quoting ledobedo
lol not making fun just stating he made me laugh:0guy is funny..my view is bearish..
Okay then, that's fair...

Still the 150 sell was almost impossible not to recognize. Lots of people saw it
yet people poo-pooed when 150 was for sale. They won't sell it until 125 breaks.

Totally backwards.

Banks have been buying 125/130 and selling over 145/150 for the last two or three retests.
Attached Image (click to enlarge)
Click to Enlarge Name: 125130145150.PNG Size: 42 KB
  • #156,733
  • Oct 28, 2009 10:37pm Oct 28, 2009 10:37pm
Quoting toshi
Okay then, that's fair...

Still the 150 sell was almost impossible not to recognize. Lots of people saw it
yet people poo-pooed when 150 was for sale. They won't sell it until 125 breaks.

Totally backwards.

Banks have been buying 125/130 and selling over 145/150 for the last two or three retests.
my key to sell is when a unamed person shows up and says buy.. when he says buy it always retraces.. 4 times on this move since march..
those who can, do. those who cant, talk about those who can
  • #156,734
  • Oct 28, 2009 10:40pm Oct 28, 2009 10:40pm
Quoting toshi
Okay then, that's fair...

Still the 150 sell was almost impossible not to recognize. Lots of people saw it
yet people poo-pooed when 150 was for sale. They won't sell it until 125 breaks.

Totally backwards.

Banks have been buying 125/130 and selling over 145/150 for the last two or three retests.
forex is backwards most of the timestill does not make sense to me what moves the markets i just trade the moves...i managed to count 5 waves down from that 1.5 to 1.47, so we might test the 1.49ss area with a little retrace..but too early to tell whether this is just noise or full retrace of the feb move..if we go test the 1.5 and fall below 1.47 then we going long way down i hope..but i think eur gbp looks tasty for anyone wanting a long:0..perfect abc retrace seems to be finished there
  • #156,735
  • Oct 28, 2009 10:44pm Oct 28, 2009 10:44pm
Quoting toshi
Okay then, that's fair...

Still the 150 sell was almost impossible not to recognize. Lots of people saw it
yet people poo-pooed when 150 was for sale. They won't sell it until 125 breaks.

Totally backwards.

Banks have been buying 125/130 and selling over 145/150 for the last two or three retests.
I posted on Oct 22 (7 days ago):

E/U: We are in wave 5 of impulsive upmove, completed or soon to be completed. To be followed by corrective downmove, wave A down, wave B up, wave C down.

Price was at 1.5013 at time of posting. Daily candles gave obvious signals uptrend was ending even without any rudimentary wave counting.

Tonight and tomorrow will be bearish, then the market will retrace (wave B up) just as everyone is going short.
  • #156,736
  • Oct 28, 2009 10:44pm Oct 28, 2009 10:44pm
will it hold?
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 19 KB
those who can, do. those who cant, talk about those who can
  • #156,737
  • Oct 28, 2009 10:47pm Oct 28, 2009 10:47pm
Quoting sinner-
I posted on Oct 22 (7 days ago):

E/U: We are in wave 5 of impulsive upmove, completed or soon to be completed. To be followed by corrective downmove, wave A down, wave B up, wave C down.

Price was at 1.5013 at time of posting. Daily candles gave obvious signals uptrend was ending even without any rudimentary wave counting.

Tonight and tomorrow will be bearish, then the market will retrace (wave B up) just as everyone is going short.
gotta love elliots theory..its always the opposite to common sense....but i think the a leg is far from finished..it has to go deep to make the count valid below 1.45 at least..i counted and finished the first impulse finishing at 47 area...over 300 pips there so only below 1.45 will make me a beliver:0
  • #156,738
  • Oct 28, 2009 11:00pm Oct 28, 2009 11:00pm
BUY BUY BUY!!!!!!...
Ah Luv the smell of a good prediction in the mornin!
  • #156,739
  • Oct 28, 2009 11:02pm Oct 28, 2009 11:02pm
Quoting sinner-
I posted on Oct 22 (7 days ago):

E/U: We are in wave 5 of impulsive upmove, completed or soon to be completed. To be followed by corrective downmove, wave A down, wave B up, wave C down.

Price was at 1.5013 at time of posting. Daily candles gave obvious signals uptrend was ending even without any rudimentary wave counting.

Tonight and tomorrow will be bearish, then the market will retrace (wave B up) just as everyone is going short.
so where do u project wave b to start
  • #156,740
  • Oct 28, 2009 11:11pm Oct 28, 2009 11:11pm
Quoting wwwin
so where do u project wave b to start
I don't project. I just wait for daily candle to show probable reversal and then trade with that bias.

Just look at the 2 daily candles proceeding the Oct 22 candle. Each one closed lower than the high. Smells like a reversal, it's probably a reversal.
500 traders viewing now