EURUSD | Page 8565 | 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

  • #171,281
  • Dec 11, 2009 2:29pm Dec 11, 2009 2:29pm
Quote
By the way, do you notice, that either NZDUSD nor AUDUSD

doesn't drop at all, that's tells me EURUSD decline is somewhat fake

and TEMP. And when REAL trend broking out then it's affect every pair.

Check latest 2008 USD rise.. Every single currency was drooping against

the dollar.

I agree..it can be a fake drop in eur/usd.

This is what happened when last 2 retail sales reports were release. Both the reports show good numbers beating the expectations.
Attached Image (click to enlarge)
Click to Enlarge Name: 12_10_TTN1.jpg Size: 50 KB
  • #171,282
  • Dec 11, 2009 2:29pm Dec 11, 2009 2:29pm
Quoting Gld
please pass this way too !!!!!
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #171,283
  • Dec 11, 2009 2:33pm Dec 11, 2009 2:33pm
i tried to draw these without a bias.. if i missed something let me know. eurx
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.gif Size: 15 KB
Click to Enlarge Name: 2.gif Size: 15 KB
those who can, do. those who cant, talk about those who can
  • #171,284
  • Dec 11, 2009 2:34pm Dec 11, 2009 2:34pm
So if the EU closes above 4600 does this mean we are still Bullish Trend?
  • #171,285
  • Dec 11, 2009 2:38pm Dec 11, 2009 2:38pm
Quoting IMARICH1
So if the EU closes above 4600 does this mean we are still Bullish Trend?
The balance of power has shifted my friend. EU overall trend had turned bearish.

DX chart:

1. http://www.forexfactory.com/showpost...postcount=3633
2. http://www.forexfactory.com/showpost...postcount=4044

Trade safe.
Thank You
  • #171,286
  • Dec 11, 2009 2:42pm Dec 11, 2009 2:42pm
Thanks but I believe it might be intermediate Bearish but with still some Bull moves.

Vineish I believe said it could still mean the Bull trend is intact if we don't have a weekly close below 4600. Perhaps I am wrong.
  • #171,287
  • Dec 11, 2009 2:44pm Dec 11, 2009 2:44pm
Quoting kingfisher
I agree..it can be a fake drop in eur/usd.

This is what happened when last 2 retail sales reports were release. Both the reports show good numbers beating the expectations.
hmm well if you look at eurx chart you will c it broke yellow tl way back in june. anatomy of a reversal.. a reversal can start even as price does not agree. yet.. the percentge of it happening like this is extremily high.. at least it was in all i studied
those who can, do. those who cant, talk about those who can
  • #171,288
  • Dec 11, 2009 2:44pm Dec 11, 2009 2:44pm
Quoting gatorinla
i tried to draw these without a bias.. if i missed something let me know. eurx

Ok, just look what happens next week

Tuesday DEC 15 Core PPI data

DEC 16 CPI

And then DEC 16 2:15 FOMC (NO CHANGE) Announcement

Basically, if CPI will show some positive % those speculators will apply

some more pressure on EU pair But After "NO CHANGE", I expect Dollar to

tank like a Titanic again.. We'll see.. Till Tuesday there is definitely

real pressure on EURUSD..

I think we'll see no real movement till Tuesday, but there is also

DEC 15 Industrial production

Dec 16 8:30 Building Permits, HOusing Starts and CPI..

Lot's of data.. But it's all comes down to what FEDS has to say eventually

Let's wait and see.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #171,289
  • Dec 11, 2009 2:50pm Dec 11, 2009 2:50pm
Quoting SkyzerFX
Actually I think we could stay on 0% up to 2012. Japan sitting on 0%

rates almost decade now.. It's all depends on size of the DEBT.

When FEDS will approach 70% DEBT to GDP ratio (Japan now is near 200%) there is slim to NONE possibility to

rise rates.. Chooses are Default or Inflation and close to 0% rates.

Where you think they would take money to pay higher interest rates?

They barely paying it now, by creating another DEBT.. In other words they

are paying 1 credit card minimum payment with another one.

If you believe that DEBT can...
sure they might... take a look at a chart and see what your buddy did .. as a matter a fact timeline 14k dow and the usd... back then nobody was crying a weak usd. as there childrens/grand childrens future was being raped. enjoy your reality you created.
those who can, do. those who cant, talk about those who can
  • #171,290
  • Dec 11, 2009 2:52pm Dec 11, 2009 2:52pm
Quoting SkyzerFX
Ok, just look what happens next week

Tuesday DEC 15 Core PPI data

DEC 16 CPI

And then DEC 16 2:15 FOMC (NO CHANGE) Announcement

Basically, if CPI will show some positive % those speculators will apply

some more pressure on EU pair But After "NO CHANGE", I expect Dollar to

tank like a Titanic again.. We'll see.. Till Tuesday there is definitely

real pressure on EURUSD..

I think we'll see no real movement till Tuesday, but there is also

DEC 15 Industrial production

Dec 16 8:30 Building Permits, HOusing Starts and CPI..

Lot's...
yes it might. but what if your wrong. i know it may not happen often. but what if?
those who can, do. those who cant, talk about those who can
  • #171,291
  • Dec 11, 2009 2:54pm Dec 11, 2009 2:54pm
Quoting BoredToLoose
Sorry for all longs open above 1.4700.
Depends on their timeframe and strategy. We bounced off 4700 and 4680 numerous times to the next point of resistance, and a good number of those latest longs might've exited at breakeven. Longs might have done quite well over the last week. Similarly, those shorting from 4760 all week long would have also done well. These levels were known before we hit here - my own lines here are over a month old.
  • #171,292
  • Dec 11, 2009 2:55pm Dec 11, 2009 2:55pm
I caught the train (below 1.47 though) and exited at 1.460. I have a position at 1.4613. Chickend out and changed the limit buy from 1.602 to sub 1.46. The market will close exactly at the indecision point of 1.4620 i think I will still leave the opened position as well as the limit buy as my SL is in place and I think that chances for a retrace to 1.47 - 1.4720 are quite big. maybe even a hundred or two pips above that, so I guess risk * reward is for the longs.

This thing with rates is premature I think. The market will realise that 0% rate is good for US and they will keep screwing everybodyelse as long as possible. The question is will I manage to make some money on that

Good week-end and GL
Riding the Dragon....
  • #171,293
  • Dec 11, 2009 2:58pm Dec 11, 2009 2:58pm
Quote
Ok, just look what happens next week

Tuesday DEC 15 Core PPI data

DEC 16 CPI

And then DEC 16 2:15 FOMC (NO CHANGE) http://cdn.forexfactory.com/images/s...m/big_grin.gif Announcement

Basically, if CPI will show some positive % those speculators will apply

some more pressure on EU pair But After "NO CHANGE", I expect Dollar to

tank like a Titanic again.. We'll see.. Till Tuesday there is definitely

real pressure on EURUSD..

I think we'll see no real movement till Tuesday, but there is also

DEC 15 Industrial production

Dec...

Thats what i am thinking too. FOMC no change decision will again drop US $ by another 200-250 pips and from that day, we will resume the uptrend.

But before FOMC data, all the other data points to improvement in economy..so going by this week trading pattern, dollar bullishness is on cards before FOMC decision.
  • #171,294
  • Dec 11, 2009 2:58pm Dec 11, 2009 2:58pm
Quoting SkyzerFX
Ok, just look what happens next week

Tuesday DEC 15 Core PPI data

DEC 16 CPI

And then DEC 16 2:15 FOMC (NO CHANGE) Announcement

Basically, if CPI will show some positive % those speculators will apply

some more pressure on EU pair But After "NO CHANGE", I expect Dollar to

tank like a Titanic again.. We'll see.. Till Tuesday there is definitely

real pressure on EURUSD..

I think we'll see no real movement till Tuesday, but there is also

DEC 15 Industrial production

Dec 16 8:30 Building Permits, HOusing Starts and CPI..

Lot's of data.....

BAsicly that means that we will meet the 16th on lower level than today and than skyrocket north. I hope for a retrace to 1.4720 before that though
Riding the Dragon....
  • #171,295
  • Dec 11, 2009 2:58pm Dec 11, 2009 2:58pm
Actually it's easy to figure out why EURUSD has been flying down

lately.

#1 Some positive US data, which usually hurts dollar now was actually

supportive because of the FED FOMC announcement around the corner

and Lunatics are betting on more chances that "Helicopter

Ben" will Rise rates on his own credit card. Ain't happening guys

I don't have to wait for Tuesday, I know there is 100% no change in rates...

They need to create JOBS!!!! 10% Unemployment are you kidding me?
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #171,296
  • Dec 11, 2009 2:59pm Dec 11, 2009 2:59pm
I have a very simple solution....

If you see price moving south, SHORT
If you see price moving north, BUY

Close when you see price stalling or reversing...

======================================


Quoting SkyzerFX
Actually I think we could stay on 0% up to 2012. Japan sitting on 0%

rates almost decade now.. It's all depends on size of the DEBT.

When FEDS will approach 70% DEBT to GDP ratio (Japan now is near 200%) there is slim to NONE possibility to

rise rates.. Chooses are Default or Inflation and close to 0% rates.

Where you think they would take money to pay higher interest rates?

They barely paying it now, by creating another DEBT.. In other words they

are paying 1 credit card minimum payment with another one.

If you believe that DEBT can...
In Charts We Trust!
  • #171,297
  • Dec 11, 2009 3:01pm Dec 11, 2009 3:01pm
IBFX trading closed 1.4628..

We can smoke now

"If you see price moving south, SHORT
If you see price moving north, BUY"

X. Oden I agree, that's the best case scenario, I'm trading too but on TEST account so far..

Many pips to you.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #171,298
  • Dec 11, 2009 3:03pm Dec 11, 2009 3:03pm
Quoting X.Oden
I have a very simple solution....

If you see price moving south, SHORT
If you see price moving north, BUY

Close when you see price stalling or reversing...

======================================
  • #171,299
  • Dec 11, 2009 3:04pm Dec 11, 2009 3:04pm
Its at 4624 on FXSOL.....still 25 min left on their platform to trade....
  • #171,300
  • Dec 11, 2009 3:09pm Dec 11, 2009 3:09pm
Quoting SkyzerFX
By the way, do you notice, that either NZDUSD nor AUDUSD

doesn't drop at all, that's tells me EURUSD decline is somewhat fake

and TEMP. And when REAL trend broking out then it's affect every pair.

Check latest 2008 USD rise.. Every single currency was drooping against

the dollar.

2008 isn't today..... maybe you can explain why you think every single currency was drooping against the dollar than and not now.

why do you think this is a fake on the EUR/USD when NZD/USD AUD/USD could just as well be lagging behind because people are more patient when they are gaining lots of interest.
547 traders viewing now, 1 is registered:
Jewel1996