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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

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EURUSD

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  • Post #182,841
  • Quote
  • Jan 20, 2010 12:41pm Jan 20, 2010 12:41pm
  •  Fly2
  • | Joined Nov 2008 | Status: Everyone Breaks Even. | 2,296 Posts
Quoting tradertom
Disliked
hope it could be the first green candle since 8 hours !

(1h chart)
Ignored
hey your up a pip
  • Post #182,842
  • Quote
  • Jan 20, 2010 12:42pm Jan 20, 2010 12:42pm
  •  ninjafx
  • | Joined Nov 2008 | Status: Ninjas are back! | 283 Posts
guys do you think that traders will continue to sell eurusd at the current price now 1.4102? dont you think this price is oversold now?
The market will deceive you. Make your own judgement.
  • Post #182,843
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  • Jan 20, 2010 12:47pm Jan 20, 2010 12:47pm
  •  PriceVolume
  • Joined Aug 2009 | Status: Sir Richard Culus | 3,099 Posts
Quoting ninjafx
Disliked
guys do you think that traders will continue to sell eurusd at the current price now 1.4102? dont you think this price is oversold now?
Ignored
I think the downside PA is looking exhausted and that we're likely going to see a pullback, prior to downside resumption. However, PA has not confirmed that a pullback has begun yet....just early indicators of weakness.
  • Post #182,844
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  • Jan 20, 2010 12:48pm Jan 20, 2010 12:48pm
  •  Toledo
  • | Joined Aug 2009 | Status: Member | 175 Posts
Quoting ninjafx
Disliked
guys do you think that traders will continue to sell eurusd at the current price now 1.4102? dont you think this price is oversold now?
Ignored
Do you remember the last December Move ? Oversold since ~ 4830...
But down to nearly 4200...
All is possible...
  • Post #182,845
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  • Jan 20, 2010 12:50pm Jan 20, 2010 12:50pm
  •  sierra
  • | Joined Jan 2007 | Status: Forex Newbie | 292 Posts
looks like it start to retrace now.. perhaps up to 4200 area.. maybe asian session fuel up euro a bit before resume trend in london/ny session tomorrow..
Be a sniper not a jumper
  • Post #182,846
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  • Jan 20, 2010 12:51pm Jan 20, 2010 12:51pm
  •  ninjafx
  • | Joined Nov 2008 | Status: Ninjas are back! | 283 Posts
Quoting PriceVolume
Disliked
I think the downside PA is looking exhausted and that we're likely going to see a pullback, prior to downside resumption. However, PA has not confirmed that a pullback has begun yet....just early indicators of weakness.
Ignored

ok . thanks.
The market will deceive you. Make your own judgement.
  • Post #182,847
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  • Jan 20, 2010 12:51pm Jan 20, 2010 12:51pm
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 79,831 Posts | Online Now
Quoting PriceVolume
Disliked
I think the downside PA is looking exhausted and that we're likely going to see a pullback, prior to downside resumption. However, PA has not confirmed that a pullback has begun yet....just early indicators of weakness.
Ignored
yep..nothing changed.. lots of traps..usdx just hit the top of the recent high and has breached it a few pips and retreated. just a few... it will resume soon 78.44 is a fib
those who can, do. those who cant, talk about those who can
  • Post #182,848
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  • Jan 20, 2010 12:53pm Jan 20, 2010 12:53pm
  •  ninjafx
  • | Joined Nov 2008 | Status: Ninjas are back! | 283 Posts
but guys do you think we have reached some level of exhaustion today on eurusd?
The market will deceive you. Make your own judgement.
  • Post #182,849
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  • Jan 20, 2010 12:53pm Jan 20, 2010 12:53pm
  •  kilalik
  • | Joined Jan 2010 | Status: Member | 685 Posts
Quoting sierra
Disliked
looks like it start to retrace now.. perhaps up to 4200 area.. maybe asian session fuel up euro a bit before resume trend in london/ny session tomorrow..
Ignored
i highly doubt it will go up as much as 4200, but 4140-50 area til close of stock markets and open of Asian...then we go south again, to possible shatter more record lows
  • Post #182,850
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  • Jan 20, 2010 12:54pm Jan 20, 2010 12:54pm
  •  kilalik
  • | Joined Jan 2010 | Status: Member | 685 Posts
Quoting ninjafx
Disliked
but guys do you think we have reached some level of exhaustion today on eurusd?
Ignored
we will know in next hour
  • Post #182,851
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  • Jan 20, 2010 12:55pm Jan 20, 2010 12:55pm
  •  PriceVolume
  • Joined Aug 2009 | Status: Sir Richard Culus | 3,099 Posts
Quoting gatorinla
Disliked
yep..nothing changed.. lots of traps..usdx just hit the top of the recent high and has breached it a few pips and retreated. just a few... it will resume soon
Ignored
Yep. Aug 10 2008 ring a bell, though? Things are lining up in much a similar fashion......at least on the daily timeframe...
  • Post #182,852
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  • Jan 20, 2010 12:57pm Jan 20, 2010 12:57pm
  •  chewwl88
  • | Joined Sep 2009 | Status: member | 80 Posts
climbing up soon.

Attached Image (click to enlarge)
Click to Enlarge

Name: eurusd.gif
Size: 23 KB


If wrong, please advise as new here.

thank
  • Post #182,853
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  • Jan 20, 2010 12:57pm Jan 20, 2010 12:57pm
  •  SkyzerFX
  • | Commercial Member | Joined Jul 2009 | 5,375 Posts
We ether

1) going to drop into depression or

2) Dollar going to fall back when it's start rising from.

I bet FEDs needs #2 to keep inflating away..

Not long not Short, scalping.

LONG EJ
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • Post #182,854
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  • Jan 20, 2010 12:57pm Jan 20, 2010 12:57pm
  •  tt_danu
  • | Joined Oct 2009 | Status: Member | 286 Posts
Quoting gatorinla
Disliked
china is tightening credit is why eu falls. it went up with commodities and will fall with commodities. no secret sauce. since commodities are pegged to usd when they fall usd rises. nothing more. china has been stocking up on commodities for over 12 months. so they have at least a 12 month supply of commodities. they are putting a knife in the heart of their competition europe. europe does not have commodities. europe will have to buy raw materials at todays prices. sure commodities will fall, but so will euro purchasing power. china is full of...
Ignored

u could be right.......but i think it's a little more complicated than that....
such a mouve should be in days not aproximatly 200 pips in one single day.....200 pips it's like a verry big shock .....perhaps it's a encouraged mouve from other parts.200 it's a bit too much in one day 4 this reason.....
i have a question 4 u all....how many of the ''free'' traders have echonomic studies finished? how many can really understand what's going on with one country's finance? i belive that much of the market's reaction id due to the free traders that react not to the whole picture but more to eny news on ff or other sites like it and might denature the efect of some news on the market
enyway....200 in one day....a bit much 4 me , without eny dissaster or.....something else like bank's falling...
i simply see a speculative mouve for the us encoureged by some other countries...
and....gatorlina....1 question.....do u have real info about china's money?cash flow? trade balance? give us please the suorce of your info....and please make it be a real info site.....not speculating news......i want to look 4 myself
i want to study the cashflow between states and i haven't found real data....only general data......thx
IT'S ALL ,,,, Only money in the bank count
  • Post #182,855
  • Quote
  • Jan 20, 2010 12:59pm Jan 20, 2010 12:59pm
  •  bug
  • Joined Jan 2010 | Status: cash is a position too | 958 Posts
Quoting gatorinla
Disliked
china has been stocking up on commodities for over 12 months. so they have at least a 12 month supply of commodities. they are putting a knife in the heart of their competition europe. europe does not have commodities. europe will have to buy raw materials at todays prices. sure commodities will fall, but so will euro purchasing power. china is full of a cheap stock pile of commodities. they will make crap and sell it to u.s. with a higher usd.
Ignored
Nice analysis!
If you don't risk, you don't ever have to lose.
  • Post #182,856
  • Quote
  • Jan 20, 2010 1:00pm Jan 20, 2010 1:00pm
  •  Forexcube
  • Joined Nov 2009 | Status: Member | 27,245 Posts
EURUSD, Weekly

Time for a little pullback or will it go further down?
Attached Image (click to enlarge)
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Size: 171 KB
  • Post #182,857
  • Quote
  • Jan 20, 2010 1:00pm Jan 20, 2010 1:00pm
  •  PriceVolume
  • Joined Aug 2009 | Status: Sir Richard Culus | 3,099 Posts
Quoting tt_danu
Disliked
u could be right.......but i think it's a little more complicated than that....
such a mouve should be in days not aproximatly 200 pips in one single day.....200 pips it's like a verry big shock .....perhaps it's a encouraged mouve from other parts.200 it's a bit too much in one day 4 this reason.....
i have a question 4 u all....how many of the ''free'' traders have echonomic studies finished? how many can really understand what's going on with one country's finance? i belive that much of the market's reaction id due to the free traders that react...
Ignored
"Free" traders don't move the market. Private and Public Institutions and Big Players do. I think you have a valid point regarding the bounded rationality of "Free" traders - which is one reason I largely ignore Fundies. I trade from a purely technical PA perspective.
  • Post #182,858
  • Quote
  • Jan 20, 2010 1:03pm Jan 20, 2010 1:03pm
  •  kilalik
  • | Joined Jan 2010 | Status: Member | 685 Posts
Hit the TP at 4113 now waiting for a little push down then possible long again if retrace is confirmed 23 pips not so bad
  • Post #182,859
  • Quote
  • Jan 20, 2010 1:03pm Jan 20, 2010 1:03pm
  •  Toledo
  • | Joined Aug 2009 | Status: Member | 175 Posts
Short 4111. Letīs scalp...
  • Post #182,860
  • Quote
  • Jan 20, 2010 1:03pm Jan 20, 2010 1:03pm
  •  fxpipper
  • | Joined Apr 2009 | Status: Member | 210 Posts
Anyone else think that 4150 will prove to be powerful resistance? I have a pending sell order sitting there...
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