EURUSD | Page 10758 | 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

  • #215,141
  • Mar 23, 2010 4:57pm Mar 23, 2010 4:57pm
Quoting jsspmk
Ok, so what was VSA on Daily chart showing you during recent bounce in EUR/USD?
VSA work fine in 15M TF
If you use break support/resistance strategy this equipment help you to define if that real break or false signal
  • #215,142
  • Mar 23, 2010 5:02pm Mar 23, 2010 5:02pm
on daily chart we see bullish divirgence
Attached Image (click to enlarge)
Click to Enlarge Name: eu23_03_10.GIF Size: 33 KB
  • #215,143
  • Mar 23, 2010 5:06pm Mar 23, 2010 5:06pm
Quoting igorsky69
on daily chart we see bullish divirgence
In my experience divergences that are pointing against the trend are statistically not too fruitful, secondly MACD histogram on daily chart does not look in bulls' favour, thirdly there is no confirmation of this divergence in RSI which is probably one of the mostly used indicators by old time traders (in fact RSI suggests we are going down).

I would take a divergence which was formed during a retracement, but never against the trend, only in line with it.

And before anybody states that we are still in a multi-year up trend in EUR I will argue by saying - what's up with 1.51 failure swing?
Prices oscillate, trends persist. Trend is your friend.
  • #215,144
  • Mar 23, 2010 5:07pm Mar 23, 2010 5:07pm
US stock market is being heavily manipulated.

Today for example ALL day ES could not get thru 1165 .. then wham LAST 45 minutes they rachet her up to 1170.

1200 I think is out target not to far away , maybe then the sachs bots have instructions to sell

With eu and gu already in down moves on on weekly charts. Once or even IF dj comes off the top we will see rapid moves down .

In regards to eu today look at 4 hour chart ... what a mess


Quoting mmccormac
An experienced trader here talked about it a week ago (gatorinla):

http://www.forexfactory.com/showpost...stcount=215131

Malcomb14 said the volumes looked strange on that move up today so we might see a sell off tomorrow. Also, bonds are not going with the Dow/S&P which makes the up move open to lots of downside risk.
Blogging daily now at www.volume.zone
  • #215,145
  • Mar 23, 2010 5:10pm Mar 23, 2010 5:10pm
Quoting micho
Euro might be going to 1.318x next weeks
i seem to recall telling you that in october..some kind of rude statement was thrown from you at the time. oh well seeing your post makes me laugh..
those who can, do. those who cant, talk about those who can
  • #215,146
  • Mar 23, 2010 5:11pm Mar 23, 2010 5:11pm
Quoting gatorinla
i seem to recall telling you that in october..some kind of rude statement was thrown from you at the time. oh well seeing your post makes me laugh..
wake up kido, ignored

gatorinla has now been successfully added to your Ignore List
When life gives you lemons, make lemonade
  • #215,147
  • Mar 23, 2010 5:12pm Mar 23, 2010 5:12pm
Quoting jsspmk
I will take the other side of your bet here, next 2 days are going to be filled with bulls' blood, 2 bearish wide range bars.

With you on this one. The way they moved eu into 1.3560 and then just hit her hard again is a good sign we move down by end of week.

Also that move in markets at eod was odd to say the least and on massive volume ( could be hidden sellers)
Blogging daily now at www.volume.zone
  • #215,148
  • Mar 23, 2010 5:14pm Mar 23, 2010 5:14pm
Quoting igorsky69
on daily chart we see bullish divirgence
Indeed, but if the range we have been stuck in for a while proves to be a bear flag, breakout could take us several hundred pips down b4 cavalry comes to the rescue.
  • #215,149
  • Edited 5:33pm Mar 23, 2010 5:17pm | Edited 5:33pm
we will see, double top has been taken out.. path is being followed.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 27 KB
those who can, do. those who cant, talk about those who can
  • #215,150
  • Mar 23, 2010 5:18pm Mar 23, 2010 5:18pm
Quoting micho
should see 1.5119 soon
haven't seen you around for awhile, everything ok ?
hang on to your bread......unless you want toast
  • #215,151
  • Mar 23, 2010 5:18pm Mar 23, 2010 5:18pm
Quoting micho
wake up kido, ignored

gatorinla has now been successfully added to your Ignore List
don't be such a baby
  • #215,152
  • Mar 23, 2010 5:18pm Mar 23, 2010 5:18pm
43 minutes left, cast your vote, im long from 3484
  • #215,153
  • Mar 23, 2010 5:20pm Mar 23, 2010 5:20pm
Quoting micho
wake up kido, ignored

gatorinla has now been successfully added to your Ignore List
i see why you left for months. dont worry someone will quote this. i guess the truth is its own reward.
those who can, do. those who cant, talk about those who can
  • #215,154
  • Mar 23, 2010 5:20pm Mar 23, 2010 5:20pm
Quoting realjumper
Yes that would have been a nice short entry, pity I didn't take it!! As you say, no point in getting into this now, and I am out completely until I can see something that has a better probability of succeeding than the present rubbish on offer.

What are you guys doing. I have buildt short positions all day long and It's been great so far
  • #215,155
  • Mar 23, 2010 5:22pm Mar 23, 2010 5:22pm
Two days in lateral movement. It seems to continue bearish movement.

If breaking down 1.3430 probably looking up 1.29

http://img687.imageshack.us/img687/4846/dibujocva.png
  • #215,156
  • Mar 23, 2010 5:22pm Mar 23, 2010 5:22pm
is it me or does american candle close other time than the rest of the world ;P
  • #215,157
  • Mar 23, 2010 5:23pm Mar 23, 2010 5:23pm
Everything is OK
thanks for asking... i said 1.318x not 1.51

Hope you are fine too!!!
When life gives you lemons, make lemonade
  • #215,158
  • Mar 23, 2010 5:24pm Mar 23, 2010 5:24pm
Could the ECB cut rates?

By Steve Barrow



Published: February 8 2010 15:44 | Last updated: February 8 2010 15:44



Could the next interest rate move by the European Central Bank be a cut?
Steve Barrow, strategist at Standard Bank, says that while this may look a long shot, it is something that is slowly returning to investors’ radar screens.
“Very low inflation, faltering growth and budget tensions in the eurozone should, at least, imply steady rates through this year – and very possibly a cut,” he says.


Mr Barrow acknowledges that the market probably thinks the ECB’s process of normalising its money market operations is a precursor to a rise in the key refinancing rate.


“But this normalisation is just as consistent with the idea of a rate cut,” he says. “The markets see the ECB’s switch from a fixed to an average rate on its longer-term operations as a way of avoiding giving banks cheap money if the refi rate is raised – but it also means they won’t be locked into a higher rate if the refi is cut.


“So the process does not really say much about the next rate move.”
Mr Barrow says the key is the economic outlook – crucially, inflation.
“Despite a recent rise in headline inflation, core prices have been benign. Growth also seems to be faltering. In addition, there are budget tensions in the eurozone.



“While the ECB will clearly not maintain policy largesse solely to aid the deficit fight of Greece and others, throwing this issue into the low inflation and weak growth mix increases the odds of a rate cut.”


Source - ft.com
Prices oscillate, trends persist. Trend is your friend.
  • #215,159
  • Mar 23, 2010 5:27pm Mar 23, 2010 5:27pm
Quoting jsspmk
Could the ECB cut rates?

By...
some people desperately trying to save their book at the last 33 minutes ;P
  • #215,160
  • Mar 23, 2010 5:28pm Mar 23, 2010 5:28pm
Quoting enterfx
What are you guys doing. I have buildt short positions all day long and It's been great so far
That's great....

Have to remember that the day has only just begun for me! I'll need to wait a while to see what the Asian market does before deciding where to enter.....
Doing what you like is Freedom. Liking what you do is Happiness.
471 traders viewing now