EURUSD | Page 9870 | 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

  • #197,381
  • Feb 17, 2010 11:56am Feb 17, 2010 11:56am
After a 180pip drop in the Lon and Ny session thus far, surely we should expect less downside and a better retracement than the measily 40pip we just experienced??

Anyone holding longs on this pair now?
  • #197,382
  • Feb 17, 2010 11:56am Feb 17, 2010 11:56am
. . . waiting for a retrace at 1.3700.

1.3600 and 1.3591 are strong support levels, careful on selling at this levels.
The market will deceive you. Make your own judgement.
  • #197,383
  • Feb 17, 2010 11:57am Feb 17, 2010 11:57am
Quoting Code4Capital
Kudos to the person who posted that Mundell video, I doubled my short after listening to that guy call Greek Socialist children.

love it lets see eu moved up 200 pip and down 200 pip

so why all the ' you lot are a bunch of followers " bs . and really who is the follower ' I doubled my short after listening to ......."

bulls and bears have won this week . .... pretty dam easy to see

whoi is not to say this is not a shake out and eu is back at 1.3800 tomorrow . It did this same bs all last week to
Blogging daily now at www.volume.zone
  • #197,384
  • Feb 17, 2010 11:58am Feb 17, 2010 11:58am
Quoting 4exJunki
hey, guys!

As some of you might now i have really been battling with my trading. Whenever this happens i take it as a blessing as i then have to step outside of my comfort zone look objectively at what i am doing and try to adjust my strategy suitably.

I usually only aim for 50pips per week. But since i stepped out of my comfort zone and started looking at my trading from a different angle i have been avg 50pips per day. My stop losses are smaller and im letting my profits run longer.

The trend is definately your friend. You just need to know...
Please Tell us about your way if it is successful...thanks
  • #197,385
  • Feb 17, 2010 12:01pm Feb 17, 2010 12:01pm
Quoting userff
Please Tell us about your way if it is successful...thanks

I want to know

WHAT TREND ? lol

daily looks aweful last 2 weeks
Blogging daily now at www.volume.zone
  • #197,386
  • Feb 17, 2010 12:05pm Feb 17, 2010 12:05pm
http://www.kuelapperu.com/other-peru...jillo-peru.jpg

meanwhile Chan Chan... Trujillo - Peru
... All good things come to those who wait...
  • #197,387
  • Feb 17, 2010 12:06pm Feb 17, 2010 12:06pm
Quoting 4exJunki
After a 180pip drop in the Lon and Ny session thus far, surely we should expect less downside and a better retracement than the measily 40pip we just experienced??

Anyone holding longs on this pair now?
Well if you are looking at it from a Fib perspective, 50% retrace from the bottom of last big move is 1.3693 but is the move over is the question....
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 46 KB
  • #197,388
  • Feb 17, 2010 12:07pm Feb 17, 2010 12:07pm
If 1.3630, the back of dragon is breached, it is very likely that we see retrace to 1.3700.

Oh well, i took some hit changeing my stance from short to long too quickly, unexpectedly big drop.
They think they are smarter than I am.
  • #197,389
  • Feb 17, 2010 12:08pm Feb 17, 2010 12:08pm
Double bottom & some action up but bear set up & nest try continuation down perhaps.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #197,390
  • Feb 17, 2010 12:09pm Feb 17, 2010 12:09pm
thanks again gator....did you happen to notice that we were at 3690 when jobama started talking ? then we tanked....might have to incorporate this into strategy.
hang on to your bread......unless you want toast
  • #197,391
  • Feb 17, 2010 12:10pm Feb 17, 2010 12:10pm
Daily TF
Attached Image (click to enlarge)
Click to Enlarge Name: d 02-17-10.gif Size: 24 KB
  • #197,392
  • Feb 17, 2010 12:13pm Feb 17, 2010 12:13pm
Price is simply testing the trend line break of support..


Quoting 4exJunki
After a 180pip drop in the Lon and Ny session thus far, surely we should expect less downside and a better retracement than the measily 40pip we just experienced??

Anyone holding longs on this pair now?
In Charts We Trust!
  • #197,393
  • Feb 17, 2010 12:14pm Feb 17, 2010 12:14pm
Quoting Z3iz3i
If 1.3630, the back of dragon is breached, it is very likely that we see retrace to 1.3700.

Oh well, i took some hit changeing my stance from short to long too quickly, unexpectedly big drop.
1.3633 was last weeks close .... watching that craefully

if this is trap ...seems odd eu move 200 pip GU only 100 when typically it is Gu that moves more than eu , then above 1,3635 is perfect buy with 30 pip stop
Blogging daily now at www.volume.zone
  • #197,394
  • Feb 17, 2010 12:14pm Feb 17, 2010 12:14pm
IMO this gold crap right now is hype from the Soros crap, bunch of followers I swear.
  • #197,395
  • Feb 17, 2010 12:17pm Feb 17, 2010 12:17pm
Quoting Z3iz3i
If 1.3630, the back of dragon is breached, it is very likely that we see retrace to 1.3700.

Oh well, i took some hit changeing my stance from short to long too quickly, unexpectedly big drop.
Dragon ? can picture it with little information .1.360 & below are cretical levels & some more bounce to 1.3658-1.370 may be ok holding shorts though now.
thanks ,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #197,396
  • Feb 17, 2010 12:18pm Feb 17, 2010 12:18pm
. . . this is a little unclear in eurusd now.


If only this price will retrace to 1.3700 at least we can see a better picture
The market will deceive you. Make your own judgement.
  • #197,397
  • Feb 17, 2010 12:19pm Feb 17, 2010 12:19pm
Quoting Gld
thanks again gator....did you happen to notice that we were at 3690 when jobama started talking ? then we tanked....might have to incorporate this into strategy.
had nothing to do with obama. it dropped as he talked. usdx hit double resistance. a tl and a fib.. thats where we stopped and a small retrace.
its all on the charts..
those who can, do. those who cant, talk about those who can
  • #197,398
  • Feb 17, 2010 12:23pm Feb 17, 2010 12:23pm
The simplest explanation is as follows:

I wait for the market to move 80 pips in one direction to confirm a trend has been set this ideally happens at 13h00/13h30 GMT. At that level i will fade a trade for 7-10pips with an SL of 15 pips.

The market on average will retrace 15 pips from the 80 level. At that point i follow the trend that has been set ie: today it was short. Ny will enforce Londons low by at least 30-40 pips.

That means that on the retrace of 15 pips i will enter a trade and place a tp of 30 pips and trailing stop of 5 from there onwards.

My SL for the second wave is 30pips.

This has worked for me perfectly. Do a backtest and see.

An example of todays trade. The high was reached on my chart at 1.3787; my 80pip level was at 1.3707 which it bounced off 14/15pips. At that point 1.3720 odd i will enter a short and ride it to 1.3690 with a trailing stop of 5 pips.

My ideal low for NY would have been 1.3650 odd but as u can see we got more than we bargained for. After a drop of 180pips i will go long for 20 more pips min.

Any questions?
  • #197,399
  • Feb 17, 2010 12:23pm Feb 17, 2010 12:23pm
Quoting ninjafx
. . . this is a little unclear in eurusd now.


If only this price will retrace to 1.3700 at least we can see a better picture
What are you expecting see then please.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #197,400
  • Feb 17, 2010 12:25pm Feb 17, 2010 12:25pm
gu did better today because they voted not to continue monitary easing. with a 9 vote. it gave the apearence uk is doing better atm. i was counting on a bigger gu move

[BOE FEB MINS] showed a unanimous 9-0 outcome for both the key QE vote as well as for steady rates, with the former more of a surprise in pausing APF at Gbp 200 bn. However, the mins revealed that it was a finely balanced decision (as we suspected) & the MPC did in fact consider raising QE. The arguments against more, the mins said, included it would merit little by fine-tuning monetary policy & also the above-target (3.5%) CPI would pose a risk to inflation expectations. The main argument for more included CPI f/c to be below target for much of the next 3 years as well as reducing some of the long-term supply capacity of the economy.
those who can, do. those who cant, talk about those who can
309 traders viewing now