EURUSD | Page 8590 | 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

  • #171,781
  • Edited 3:44pm Dec 14, 2009 3:30pm | Edited 3:44pm
Quoting mfoste1
There is no way that I will be even attempting any longs into this trend, its way too risky with these carry trades and whom I suspect is behind this dollar rally.
Your charts showing back to 1997. In early 21th century Gold was trading

below 300$/oz. Everything has been change since then.. US Dollar

will slowly loose its status as everybody got tired that US cutting down

DEBT at the world expense.. Dollar heading much lower, not higher..

Don't even compare 1970 to today $USD status.. Nowadays Mexican

Peso doing better than a Dollar and so called "Carry Trade" has nothing to do with that..

Congress spending money like there is no tomorrow.. This Debt will never paid back, - EVER!

Partially because US GDP numbers are fake, bubbled up by mountains of DEBT, if you take this into

consideration then US have much higher DEBT to GDP ratio, which probably close to Japan numbers

and growing in Geometry progression like a snowball.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #171,782
  • Dec 14, 2009 3:31pm Dec 14, 2009 3:31pm
Quoting 2+2=4ex
Just had a moment of clarity...

I will add one unit (sell) for every 50 pip rise we get. no sl. tp will be 100 pips, no more no less.
watch out. Not saying that EURUSD will not go down, but this is the best way to blow up your account. Had the same approach couple of years ago.
Maybe this time could go fine... but with this approach eventually you will have trouble.

Just an observation.
  • #171,783
  • Dec 14, 2009 3:40pm Dec 14, 2009 3:40pm
Quoting SkyzerFX
Your charts showing back to 1997. In early 21th century Gold was trading

below 300$/oz. Everything has been change since then.. US Dollar

will slowly loose its status as everybody got tired that US cutting down

it's DEBT at the world expense.. Dollar heading much lower, not higher..

Don't even compare 1970 to today $USD status.. Nowadays Mexican

Peso doing better than a Dollar and so called "Carry Trade" has nothing to do with that..

Congress spending money like there is no tomorrow.. This Debt will never paid back, - EVER!

Partially...
what about Europe. The numbers are more rigged there too.
Putins popularity is tied to price of commodities which is a joke- even soros mentioned it.
  • #171,784
  • Dec 14, 2009 3:56pm Dec 14, 2009 3:56pm
Quoting lloydblankfe
Putins popularity is tied to price of commodities which is a joke- even soros mentioned it.
I don't care about Soros, but Russia have

#1

3/4 Planet reserves of the clean drinking water, which would be

soon prices same as Gold.

N. Gas, Oil, Gold, Diamonds.. You name it, Russia has it all!

And what Japan have for example? Sea Grass and fugu fish, no Land and overvalued YEN?

And again nobody spending as much as USA.. Because it's all comedown

to GDP numbers, which are phony. After all, of course you right,

All Fiat will fail, but we only trying to trade, that's all.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #171,785
  • Dec 14, 2009 3:57pm Dec 14, 2009 3:57pm
Quoting Martingale
watch out. Not saying that EURUSD will not go down, but this is the best way to blow up your account. Had the same approach couple of years ago.
Maybe this time could go fine... but with this approach eventually you will have trouble.

Just an observation.

Yes, that is very true...

I would also suggest looking at the daily bars... it didn't break last days low... but it didn't make higher higs either so....

But with a strategy like that... trouble will come... Unless you are trading weekly/monthly....
  • #171,786
  • Dec 14, 2009 3:59pm Dec 14, 2009 3:59pm
Could anyone explain why UJ is not rising much considering EU and GU have gone down plenty and the dollar has strengthed a fair amount.
There seems to be a lack of correlation there.
rat
  • #171,787
  • Dec 14, 2009 4:01pm Dec 14, 2009 4:01pm
Quoting SkyzerFX
Your charts showing back to 1997. In early 21th century Gold was trading

below 300$/oz. Everything has been change since then.. US Dollar

will slowly loose its status as everybody got tired that US cutting down

DEBT at the world expense.. Dollar heading much lower, not higher..

Don't even compare 1970 to today $USD status.. Nowadays Mexican

Peso doing better than a Dollar and so called "Carry Trade" has nothing to do with that..

Congress spending money like there is no tomorrow.. This Debt will never paid back, - EVER!

Partially...

My chart actually goes back to 1993, not 1997, as you said. Everything has changed since then? Tell us something we don't know....The peso is doing better than the dollar? I don't think so. Since the GFC the peso has lost value against the dollar, their goverment was almost insolvent for heaven's sake!

You're right, the money that congress has spent will never be paid back. Everyone and their brother knows that....Anyways charts dont lie pal. lol are you serious when you talk about russia.....ur obviously from there.
  • #171,788
  • Dec 14, 2009 4:06pm Dec 14, 2009 4:06pm
Hey guys,

I'm checking everything that is said here on this thread and it helped me a lot understading a few things about economy status around the world...

So i want to share with you those thoughts:

1. if you check on 26th october, there was a fall till these current levels... 1.46... everyone was saying the same... but some numbers weren't known yet at that time... then we get a retracement to a new high, 1.5146 i think....

2. we are at the end of the year, corrections are needed to keep things running with solid bases.... this is a year-end correction... no doubt about that...

3. the US debt is huge, and it wasn't about enployment and some more 1 or 2 good news that the debt is solved... those good news for US helped the correction of the markets. If it wasn't by these news, for sure would need a push or some US bank or fed intervention... this way (with the good results) it was cheaper and in right time...

4. each day, the US was claiming on news that exports were boost because US dolar was weak... if you think like a foreign export/import investor, today we are paying more 5 cent's for each dolar we are using in exports/imports transactions. With this for sure exportation is reduced this 2 weeks. So that means lesser money entering in US vaults.

5. about USD/JPY, US asked Japan to stop the raising Yen till the end of the year. Next day, the Bank of Japan has made a reforcement of 30 trilions and the YEN has fall of 85 to 87 in only 45 minutes. Then of 2 days later (4th december) the US has pushed EUR down to 1.4680 and Yen to 90.50.... Of course Japan was pissed of with that and because after all that amount of 30 trilions wasn't necessary at all... the next days after day, the Yen has returned again to 87 levels and right now is rounding 88.50.

6. some great investors are saying that gold is going to reach 1300 in the first weeks of 2010...

7. China want to see oil at $100 in March...

For me this is all end-year corrections... the values need to be ajusted so the strategy for next year is easier to be developed...

Well, i think we are still in a very solid uptrend in eur/usd, and the next days will (or not) confirm that...

Sorry about my english,

Regards all,

Pedro T. G.
  • #171,789
  • Dec 14, 2009 4:09pm Dec 14, 2009 4:09pm
Quoting mfoste1
Anyways charts dont lie pal.
Yes, don't lie, from right to left (history overview),

but drawing lines ahead and say

it should go to 1.43? or 1.49? Charts and Support lines and pivots will

change on the fly. Price action that's all it matters, charts just showing

what's has been taking place and we already know that.

Nobody can predict future, we can only guess.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #171,790
  • Edited 4:28pm Dec 14, 2009 4:13pm | Edited 4:28pm
Quoting SkyzerFX
Yes, don't lie, from right to left (history overview),

but drawing lines ahead and say

it should go to 1.43? or 1.49? Charts and Support lines and pivots will

change on the fly. Price action that's all it matters, charts just showing

what's has been taking place and we already know that.

Nobody can predict future, we can only guess.

You have no clue what ur talking about....Ill be taking ur money in the near future. I don't trade by "guessing".
  • #171,791
  • Dec 14, 2009 4:25pm Dec 14, 2009 4:25pm
Quoting rattyo
Could anyone explain why UJ is not rising much considering EU and GU have gone down plenty and the dollar has strengthed a fair amount.
There seems to be a lack of correlation there.
USD has strengthened against pound & euro (or those currencies have weakened) - but USD has not strengthened that much relative to yen. In fact, they (USD & yen) are kind of in the same "safe haven/carry trade fund" boat.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #171,792
  • Dec 14, 2009 4:35pm Dec 14, 2009 4:35pm
Quoting vinesh2
What do you think of my number gator. 1.49 before 1.45
i dont know.. im gonna close shorts above 7009.. but with a new low i will lower sl.. daily abc says you may be right 5000. but weekly says below 2900
those who can, do. those who cant, talk about those who can
  • #171,793
  • Dec 14, 2009 4:39pm Dec 14, 2009 4:39pm
Quoting bfe00325
I'm checking everything that is said here on this thread and it helped me a lot understading a few things about economy status around the world...

2. we are at the end of the year, corrections are needed to keep things running with solid bases.... this is a year-end correction... no doubt about that...

For me this is all end-year corrections... the values need to be ajusted so the strategy for next year is easier to be developed...

Well, i think we are still in a very solid uptrend in eur/usd, and the next days will (or not) confirm that......
Hola y bienvenido, Pedro,

I think USD will continue to gain strength against the EUR in the near term. There have been some pretty bad news out of the EU lately - the exposure of some large EZ banks to the Dubai debacle (begs the question - what is the next emerging market sovereign debt fiasco that may impact those banks?), Greece now, continuing high unemployment (>20% in Spain), and also some less than stellar econ performance out of Deutschland - all these things have been weighing on the euro.

Also, I think Gold may continue on to higher highs, but maybe not as soon as some think.

But, of course, I mostly just scalp, so the macro moves don't concern me very much.

Regarding price action lately, I think it is hard to arrive at any solid conclusions about intraday moves now: it seems that we will have ranging PA marked by some exaggerated moves that is typical of low liquidity in the cash markets for the coming weeks. If I were a trend trader I probably would be taking the next few weeks off.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #171,794
  • Dec 14, 2009 4:45pm Dec 14, 2009 4:45pm
Quoting SkyzerFX
I don't care about Soros, but Russia have

#1

3/4 Planet reserves of the clean drinking water, which would be

soon prices same as Gold.

N. Gas, Oil, Gold, Diamonds.. You name it, Russia has it all!

And what Japan have for example? Sea Grass and fugu fish, no Land and overvalued YEN?

And again nobody spending as much as USA.. Because it's all comedown

to GDP numbers, which are phony. After all, of course you right,

All Fiat will fail, but we only trying to trade, that's all.
You know what... now that you mention it, I think Russia has WMD's and are harboring terrorists. Where's George?
  • #171,795
  • Dec 14, 2009 4:52pm Dec 14, 2009 4:52pm
This is not good for EU bulls. Hope for 1.48 retracement and i will short from there

http://www.bloomberg.com/apps/news?p...d=a.uvMQ4Su.8Y
  • #171,796
  • Dec 14, 2009 4:54pm Dec 14, 2009 4:54pm
Quoting rattyo
Hi Gator

which ma is that one your third ass chart,
Im currently only using 20emas and 50smas

But I notice others use 14,s 62,s 200,s 100,s some Tarot cards and crystals to make pips.
8 21 34 89 ema 200 365 sma. study past charts see if you can figure how and why it went to another point. after figuring it out duplicate hundreds of time times. with exact method. if you get the right answer 8 out of 10 times you have a good system. many here use different systems.. funny thing is many of us end up close to the same place. track future daily fibs against october chart and other charts.. and you be the judge. i have rarely used ma in the past. but incorporating it into system now along with indis and candles. im looking for long term trades.. no tarrot cards.. tea leaves..

the one on chart is 200 ema.. i expect that to be a tough one
those who can, do. those who cant, talk about those who can
  • #171,797
  • Dec 14, 2009 5:16pm Dec 14, 2009 5:16pm
Quoting mfoste1
You have no clue what ur talking about....Ill be taking ur money in the near future.

Right, make sure I don't take yours by Thursday.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #171,798
  • Dec 14, 2009 5:23pm Dec 14, 2009 5:23pm
You can tell the market is ranging, everybody is at each others throat again.
  • #171,799
  • Dec 14, 2009 5:32pm Dec 14, 2009 5:32pm
Quoting SkyzerFX
Right, make sure I don't take yours by Thursday.
so then you're shorting?? LOL
  • #171,800
  • Dec 14, 2009 5:38pm Dec 14, 2009 5:38pm
Quoting 2+2=4ex
so then you're shorting?? LOL

I think skyz is a BULL....
1,400 traders viewing now