EURUSD | Page 7895 | 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

  • #157,881
  • Nov 2, 2009 9:30am Nov 2, 2009 9:30am
Quoting Spsantos
Since you didn't understand my previous post, Cit bankruptcy won't affect forex in any way. I won't discuss this anymore.

It's better to have a simple look at the charts, than trying to associate any event with them, keep it simple.

That said, no direction at the moment, we returned to the range we were in thursday before the spike up, and then we had the reverse on friday (& end of month).
Excellent.
The Thief of Wall Street
  • #157,882
  • Nov 2, 2009 9:32am Nov 2, 2009 9:32am
If this 4h bar closes above 1.4854 I think we can expect fireworks.

T1 = 1.5117

Neo
  • #157,883
  • Nov 2, 2009 9:33am Nov 2, 2009 9:33am
damn strong on 1.4840 and 1.4858...

1.4840 is previous strong R and 1.4858 is the place W was form....

once both of these break....I go for LONG.......
  • #157,884
  • Nov 2, 2009 9:35am Nov 2, 2009 9:35am
Quoting fxswing
1.4703 and 1.4841 Are we trapped in that fibo's range ?
im looking for 4854 and maybe 4923..
those who can, do. those who cant, talk about those who can
  • #157,885
  • Nov 2, 2009 9:35am Nov 2, 2009 9:35am
Quoting siobi
brother, 1.4840 is the LINE.... a hidden line hardly break....
Take a look at this. Keep it consistent, you can't go wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: $EURUSD 02_11_2009 (60 Min).jpg Size: 57 KB
  • #157,886
  • Nov 2, 2009 9:35am Nov 2, 2009 9:35am
I think if we can break 1.4850 the next target is 1.5000 That is what I am looking for lets see what happens
  • #157,887
  • Nov 2, 2009 9:38am Nov 2, 2009 9:38am
we need today to close above Fidays High and that should signal another run to the top...
  • #157,888
  • Nov 2, 2009 9:38am Nov 2, 2009 9:38am
Quoting siobi
how abt strong R at 1.4840? can it break? if NOT, I go for a SELL!!!!
Unless some kind of news comes out, 4850 area will break. Maybe in an hour, maybe in a day or 2, but it will break.
  • #157,889
  • Nov 2, 2009 9:39am Nov 2, 2009 9:39am
Quoting Atlast
Take a look at this. Keep it consistent, you can't go wrong.

brother, it is fighthing now... SELL and BUY.... see who wins.... but 1.4840 and 1.4858 having strong hold... so that is why I keep my view that it can't be break and the trend is still remain negative.....

just my humble opinion. the trend will NOT change to BULL unless there is a break thru 1.4858.....

now price sitting at 1.4837 and it looks like breaking very soon... u also look a good position for SELL?
  • #157,890
  • Nov 2, 2009 9:40am Nov 2, 2009 9:40am
Quoting Atlast
Take a look at this. Keep it consistent, you can't go wrong.
nice. 4860 is nice level to stop or pull back for a while imo
  • #157,891
  • Nov 2, 2009 9:42am Nov 2, 2009 9:42am
Quoting siobi
the trend will NOT change to BULL unless there is a break thru 1.4858.....
ahem... just a question but when exactly did the trend change? I see a long trend for several months now.
  • #157,892
  • Nov 2, 2009 9:43am Nov 2, 2009 9:43am
still no good entry point... I'm looking for a SELL at 1.4855 and looking forward to 1.4750
  • #157,893
  • Nov 2, 2009 9:44am Nov 2, 2009 9:44am
Went short 4835. Target at either 4821 or 4800.
  • #157,894
  • Nov 2, 2009 9:44am Nov 2, 2009 9:44am
Quoting siobi
brother, it is fighthing now... SELL and BUY.... see who wins.... but 1.4840 and 1.4858 having strong hold... so that is why I keep my view that it can't be break and the trend is still remain negative.....

just my humble opinion. the trend will NOT change to BULL unless there is a break thru 1.4858.....

now price sitting at 1.4837 and it looks like breaking very soon... u also look a good position for SELL?
It could easily go to 1.4950, but not today. That's why I'm scalping. The intermediate trend is down in longer TF so that wave should protect any short players trapped currently so long as they are willing to withstand the pain. Better to scalp to avoid such pain.
  • #157,895
  • Nov 2, 2009 9:44am Nov 2, 2009 9:44am
Quoting Xaron
ahem... just a question but when exactly did the trend change? I see a long trend for several months now.

opps, truly my apologies... I'm looknig for daily NOT up to months.....
  • #157,896
  • Nov 2, 2009 9:45am Nov 2, 2009 9:45am
Quoting Arya323
Went short 4835. Target at either 4821 or 4800.

dont trade because you want to trade....
  • #157,897
  • Nov 2, 2009 9:46am Nov 2, 2009 9:46am
Quoting Xaron
ahem... just a question but when exactly did the trend change? I see a long trend for several months now.
It didn't. And all of the novice traders could benefit from Xaron's views. He has the results in his trading journal.
  • #157,898
  • Nov 2, 2009 9:46am Nov 2, 2009 9:46am
Quoting Atlast
It could easily go to 1.4950, but not today. That's why I'm scalping. The trend is down in longer TF so that wave should protect any short players trapped currently so long as they are willing to withstand the pain. Better to scalp to avoid such pain.

opps... so my target of 1.4750 should be around 20 pips like... 1.4820 or so?


thanks for the information.... appreciated...
  • #157,899
  • Nov 2, 2009 9:46am Nov 2, 2009 9:46am
Quoting siobi
still no good entry point... I'm looking for a SELL at 1.4855 and looking forward to 1.4750
I would have expected you to buy at that entry as it is just over the 38.2 fib level. I have set up a sell stop and buy stop around that fib level (20 pips apart), lets see! Good scalping all...
  • #157,900
  • Nov 2, 2009 9:47am Nov 2, 2009 9:47am
oh... price droppping.... still cant break 1.4840.... I got to go.. today no trade....... because once the price do not spike to 1.4850, I'll not enter for SELL.....(I still believe it will not reach 1.4858 to FORM the W)
588 traders viewing now, 1 is registered:
Jewel1996