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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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  • Post #190,601
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  • Feb 5, 2010 4:24am Feb 5, 2010 4:24am
  •  Hissst
  • | Commercial Member | Joined Dec 2008 | 137 Posts
Fib projection is crappy but it works, I found it in the 5 minute 1 week chart.

Quoting gatorinla
Disliked
it bounced so far.. the line dont show a fib there exactly at that level.
Ignored
 
 
  • Post #190,602
  • Quote
  • Feb 5, 2010 4:26am Feb 5, 2010 4:26am
  •  fontu
  • Joined Mar 2008 | Status: Name real with real own way | 18,050 Posts | Invisible
Pairs moving so fast, all tp got for shorts ( gold 1050 but still not 1046.22,eu 1.3655) & likely a bounce & now again taking .will check after 2 hrs.trade well all.
fontu
Attached Image
Not understand?never follow my analyses!
 
 
  • Post #190,603
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  • Feb 5, 2010 4:27am Feb 5, 2010 4:27am
  •  witsnpips
  • | Membership Revoked | Joined Jan 2010 | 522 Posts
Quoting Zhisiong86
Disliked
Are we seeing a double bottom?
Ignored
on which TF?
 
 
  • Post #190,604
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  • Feb 5, 2010 4:28am Feb 5, 2010 4:28am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 88,931 Posts
Quoting Hissst
Disliked
I'm trying to figure the bounce as well. No solid fibs or priors.
Ignored
look up a little at the big chart eu M. notice red lines.
those who can, do. those who cant, talk about those who can
 
 
  • Post #190,605
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  • Feb 5, 2010 4:32am Feb 5, 2010 4:32am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 88,931 Posts
Quoting Hissst
Disliked
I'm trying to figure the bounce as well. No solid fibs or priors.
Ignored
you can see the fib in this shot. the line moved up..
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those who can, do. those who cant, talk about those who can
 
 
  • Post #190,606
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  • Feb 5, 2010 4:37am Feb 5, 2010 4:37am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 88,931 Posts
Quoting Hissst
Disliked
Fib projection is crappy but it works, I found it in the 5 minute 1 week chart.
Ignored
here is more reasons.. for bounce
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those who can, do. those who cant, talk about those who can
 
 
  • Post #190,607
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  • Feb 5, 2010 4:48am Feb 5, 2010 4:48am
  •  samiru
  • | Joined Jan 2009 | Status: The entertainer | 123 Posts
Quoting samiru
Disliked
I will not be surprised if this pair bottoms out at 1.4045 for good with a nice double bottom.Although momentum is clearly to the downside i still hold my long term view of pushing higher at least one more round before any big move down.My wave analysis also supports this bias.

there is a pretty decent resistance at 1.4045 as earlier mentioned,if it doesn't hold i would look forward to 1.3929 area which is good but not very strong in my book.If that also fails then i believe it should be down to 1.3718-1.3678 area which is quite far from where...
Ignored
All my targets reached,i think bears would be in for a rude awakening when the NFP comes around later in the session.
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  • Post #190,608
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  • Feb 5, 2010 5:02am Feb 5, 2010 5:02am
  •  spieler
  • Joined Oct 2006 | Status: hedger | 665 Posts
out be on remaining
 
 
  • Post #190,609
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  • Feb 5, 2010 5:16am Feb 5, 2010 5:16am
  •  Rednose
  • Joined Mar 2009 | Status: Member | 1,330 Posts
Quoting Artcritique
Disliked
However, I do think there is much to complain about. I think it is not accident that we are being subjected to a "snowstorm" of news (much of it conflicting) at this point in the markets.

When I looked at the chart for AUD the other day and how obvious the screwing handed to those traders not in the know, I was reminded of a line from "Animal Farm". "We are all equal, but some of us are more equal than others."

The pretense that news is diseminated fairly, is a sad joke. Specially sad is the fact that the very people we pay to manage...
Ignored
Yes the system is sad and all the stuff is right, no questions but facing the facts it is what it is...and as I said we the ones who speculate and try to get a portion of this cake in a so manipulated markets are part of it and I donīt see the use of complaining about it in a financial forum...
 
 
  • Post #190,610
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  • Feb 5, 2010 5:19am Feb 5, 2010 5:19am
  •  akagunay
  • | Joined Nov 2009 | Status: Member | 30 Posts
Quoting samiru
Disliked
I will not be surprised if this pair bottoms out at 1.4045 for good with a nice double bottom.Although momentum is clearly to the downside i still hold my long term view of pushing higher at least one more round before any big move down.My wave analysis also supports this bias.

there is a pretty decent resistance at 1.4045 as earlier mentioned,if it doesn't hold i would look forward to 1.3929 area which is good but not very strong in my book.If that also fails then i believe it should be down to 1.3718-1.3678 area which is quite far from where...
Ignored

1.40xx's still too far,1.3450 may seen next week but we must wait and see what NFP will do the markets..
Markets can remain irrational longer than you can remain solvent
 
 
  • Post #190,611
  • Quote
  • Feb 5, 2010 5:23am Feb 5, 2010 5:23am
  •  Clouds
  • Joined Apr 2008 | Status: Member | 7,674 Posts
NFP can not change the trend. USD/CAD took out major resistance. Gold took out major support. Silver threatening 15, after taking out major support at 16. Dow Jones is at 1,000. Good or Bad NFP numbers, the USD trend is unlikely to change this month. The monthly bearish candle will likely be down to 1.24. Anyway, Just speculation!
 
 
  • Post #190,612
  • Quote
  • Feb 5, 2010 5:24am Feb 5, 2010 5:24am
  •  Rednose
  • Joined Mar 2009 | Status: Member | 1,330 Posts
Quoting akagunay
Disliked
1.40xx's still too far,1.3450 may seen next week but we must wait and see what NFP will do the markets..
Ignored
I like your profile picture....
 
 
  • Post #190,613
  • Quote
  • Feb 5, 2010 5:24am Feb 5, 2010 5:24am
  •  lillelise
  • | Joined Jan 2007 | Status: Member | 1,101 Posts
Quoting Clouds
Disliked
NFP can not change the trend. USD/CAD took out major resistance. Gold took out major support. Silver threatening 15, after taking out major support at 16. Dow Jones is at 1,000. Good or Bad NFP numbers, the USD trend is unlikely to change this month. The monthly bearish candle will likely be down to 1.24. Anyway, Just speculation!
Ignored
isent it always..lol
StopLoss is for none belivers... Trust the Gurus..
 
 
  • Post #190,614
  • Quote
  • Feb 5, 2010 5:26am Feb 5, 2010 5:26am
  •  akagunay
  • | Joined Nov 2009 | Status: Member | 30 Posts
Quoting Rednose
Disliked
I like your profile picture....
Ignored
it is going to happen ,)
Markets can remain irrational longer than you can remain solvent
 
 
  • Post #190,615
  • Quote
  • Feb 5, 2010 5:27am Feb 5, 2010 5:27am
  •  Artcritique
  • | Joined Oct 2009 | Status: Member | 534 Posts
Quoting Rednose
Disliked
Yes the system is sad and all the stuff is right, no questions but facing the facts it is what it is...and as I said we the ones who speculate and try to get a portion of this cake in a so manipulated markets are part of it and I donīt see the use of complaining about it in a financial forum...
Ignored
Only one thing is certain; none of us is forced to trade here. I'm am probably guilty of being the forums 'Biggest Whinner', so I have sympathy for others who are upset, wishing that things were more honest.

Atleast we cannot complain that things are to simple or boring..
Ah Luv the smell of a good prediction in the mornin!
 
 
  • Post #190,616
  • Quote
  • Feb 5, 2010 5:31am Feb 5, 2010 5:31am
  •  Z3iz3i
  • Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
Had to hedge those news yesterday, came out break even.

Break out gbp/usd at hands.
They think they are smarter than I am.
 
 
  • Post #190,617
  • Quote
  • Feb 5, 2010 5:35am Feb 5, 2010 5:35am
  •  uptrend
  • | Joined Jan 2010 | Status: Member | 20 Posts
what do you think is a good position to shorT?
 
 
  • Post #190,618
  • Quote
  • Feb 5, 2010 5:38am Feb 5, 2010 5:38am
  •  jiva34
  • Joined Mar 2009 | Status: Just visiting | 12,891 Posts
Quoting uptrend
Disliked
what do you think is a good position to shorT?
Ignored
not below 1.375
IMHO
 
 
  • Post #190,619
  • Quote
  • Edited at 5:52am Feb 5, 2010 5:41am | Edited at 5:52am
  •  uptrend
  • | Joined Jan 2010 | Status: Member | 20 Posts
thats almost 100 pips away, i dont think we see this before a further drop
i think the trendline from 1.4000 could hold. we'll meet it soon . it's about 1.6705..
if it bounces i'll try short
 
 
  • Post #190,620
  • Quote
  • Feb 5, 2010 5:52am Feb 5, 2010 5:52am
  •  Code4Capital
  • | Joined Sep 2008 | Status: Member | 368 Posts
http://img189.imageshack.us/img189/9...0205025009.png

Rsi level again... maybe just maybe I'm right this time.
 
 
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