EURUSD | Page 9418 | 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

  • #188,341
  • Feb 2, 2010 5:52am Feb 2, 2010 5:52am
Quoting Noordin
I missed the down point .. no SL yet .. please advice where do you see or where should i put my SL ???
I don't know whats your leverage so I can't advise you where you should place your SL.

1.3950 is a strong S/R so if it breaks, I think there will be more up move.

If I have a sell position, I may place my SL between R1 & R2 based on my own MM. Thats just me.

Its still a downtrend to me but a retracement is long overdue. With the NFP coming this Friday, I am keeping my positions short (intraday). This is a big week.
  • #188,342
  • Feb 2, 2010 5:54am Feb 2, 2010 5:54am
Quoting Shad






Where do you live?
  • #188,343
  • Feb 2, 2010 6:00am Feb 2, 2010 6:00am
Quoting nms4716
Z3 do you have a chart to show what you just said? If not its ok, just curious, thank you.
Here, i want to keep it simple

RSI 14 you will find looking at 5min (is more precise than 15/30min) tf and drawing trendline from bottom to top.
Attached Image
They think they are smarter than I am.
  • #188,344
  • Feb 2, 2010 6:15am Feb 2, 2010 6:15am
EU should have some respect on hourly chart.
Overbought!
You cannot learn better without losing
  • #188,345
  • Feb 2, 2010 6:19am Feb 2, 2010 6:19am
EUR could be starting to unwind its massive divergence. If confirmed, target 1.40~ then 1.42~
  • #188,346
  • Feb 2, 2010 6:24am Feb 2, 2010 6:24am
I will wait until upcoming Pending Home Sales news
You cannot learn better without losing
  • #188,347
  • Feb 2, 2010 6:24am Feb 2, 2010 6:24am
1.3956 seems to hold. i try short with sl at 1.3963
  • #188,348
  • Feb 2, 2010 6:28am Feb 2, 2010 6:28am
Hi all!

Just got back home. Looks like we havent moved much since yesterday. Cant make much sense out of the current price action. Bulls are still there, but its still knocking the bearish trendline. Not the conditions I like to scalp in, so I will look at other pairs / markets and wait for an impulsive move on the EU... or a defined range.
  • #188,349
  • Feb 2, 2010 6:46am Feb 2, 2010 6:46am
Good Morning

NO 8:30AM EST news today

(10AM pending home sales which are probably suck),

but usually EU drifts down a bit anyway till

US Market open, so I'm going to wait maybe 3915-3920 area and go Long

again. DOW futures are up, GOLD flying near 1115, Pending news on Greece

all together should push Dollar lower and it not belongs here anyway.

With 3.8 gazillion $ projected deficit should be pushing 1.80 area
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #188,350
  • Feb 2, 2010 6:49am Feb 2, 2010 6:49am
Well a good Pending Home Sales number most likely will push equities up and assist EU and GU, I wonder how market will react if it will be much worse than anticipated though.
  • #188,351
  • Feb 2, 2010 6:51am Feb 2, 2010 6:51am
Quoting forexings
EU should have some respect on hourly chart.
Overbought!
Price movements set indicator levels, indicator levels to do not set price movements. How oversold was the hourly on the way down to this level. How overbought does the daily look to you?
  • #188,352
  • Feb 2, 2010 6:56am Feb 2, 2010 6:56am
Quoting SkyzerFX
Good Morning

NO 8:30AM EST news today

(10AM pending home sales which are probably suck),

but usually EU drifts down a bit anyway till

US Market open, so I'm going to wait maybe 3915-3920 area and go Long

again. DOW futures are up, GOLD flying near 1115, Pending news on Greece

all together should push Dollar lower and it not belongs here anyway.

With 3.8 gazillion $ projected deficit should be pushing 1.80 area

It might go up referring to what you said...
But it will go deeper once the Spain and Portugal probs will be revealed
So i don't expect to see EU higher than 1.4000
COT: The precious data ignored
  • #188,353
  • Feb 2, 2010 6:58am Feb 2, 2010 6:58am
Will see how 8AM 1H candle will work today

Sell Gold/Silver/Oil 30min-1hour play

Buy USDCAD

SELL NZD/AUD/EUR

Just 20-1hour usual move down
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #188,354
  • Feb 2, 2010 7:01am Feb 2, 2010 7:01am
There are still too many sellers.....each new high is sold and each candle from the last hours (30mn-60mn) closed far from their high
Such PA is dangerous to think about going long
COT: The precious data ignored
  • #188,355
  • Feb 2, 2010 7:05am Feb 2, 2010 7:05am
Quoting kuroro001
There are still too many sellers.....
Because it's usual at this time.. Dollar will move lower later.

Catch it it's coming down now.. around 3820 should be good for LONG.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #188,356
  • Feb 2, 2010 7:06am Feb 2, 2010 7:06am
Quoting SkyzerFX
Will see how 8AM 1H candle will work today

Sell Gold/Silver/Oil 30min-1hour play

Buy USDCAD

SELL NZD/AUD/EUR

Just 20-1hour usual move down

ive been monitoring your 8am move and in the few days i have watched it, it seems as though the move at 8am is typical of the general theme and direction of the day. for instance, yesterday, which was an up day for the EUR, AUD, etc, didnt pull back at 8am, but i remember a few times last week when it pulled back at 8am and that was the ultimate direction. thoughts?
  • #188,357
  • Feb 2, 2010 7:11am Feb 2, 2010 7:11am
Quoting jdutch
but i remember a few times last week when it pulled back at 8am and that was the ultimate direction. thoughts?
80/20 it works.. I place GOLD/SILVER/OIL bets on demo just before 8AM

now up 300$ already. I cannot trade commodities off my Real Account

But I sold NZD/AUD working little now. I don't expect much

whatever I see it's enough, I close it.

Other problem no 8:30 News today, If important news was pending, then that move would be much

bigger.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #188,358
  • Feb 2, 2010 7:14am Feb 2, 2010 7:14am
Quoting Z3iz3i
This next 30min will be pointing the road. If upper trendline area of the channel gets rejected 3rd time, its likely that we go to test lower at 1.3915-20.

At this point its known if RSI will be capped as well.

Then the decision time...
Well, RSI was rejected at 50% when Eur tried fast recovery after failed to break the top of the channel.

Shortly after that usd/chf made break-out in declining channel upper trendline which will be tested.

So, summa summarum, looks like we go down to test at least lower trendline and probably 1.39 as well.
They think they are smarter than I am.
  • #188,359
  • Feb 2, 2010 7:16am Feb 2, 2010 7:16am
isent it just another great day ....
StopLoss is for none belivers... Trust the Gurus..
  • #188,360
  • Feb 2, 2010 7:17am Feb 2, 2010 7:17am
Quoting SkyzerFX
Because it's usual at this time.. Dollar will move lower later.

Catch it it's coming down now.. around 3820 should be good for LONG.


3820? tatz a long waaaayyy downz... watz the cause?
457 traders viewing now