EURUSD | Page 11254 | 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

  • #225,061
  • Apr 13, 2010 2:54pm Apr 13, 2010 2:54pm
Quoting SkyzerFX
What? Who said to ZERO? I said low-mid 1.34, not ZERO.
Yeah I know lol. It was just to make it more obvious. 1.34 in how many days? I see it like this: We had an overhype until 1.51 and now we had an overhype until 1.32. Subtract 2/3 of the movement for real Greece issues from 1.51 then you are where it is a fair calculated price right now in relation to the high. is that 1.34?
Sometimes I lose. Sometimes the others win.
  • #225,062
  • Apr 13, 2010 2:57pm Apr 13, 2010 2:57pm
Didn't think it would do this again but sell limits hit again at $1.35875. targeting 1.35490 again with an immediate 1.5 point trailing stop.
  • #225,063
  • Apr 13, 2010 2:58pm Apr 13, 2010 2:58pm
My chart for targets (only valid, if USDx holds above 80).. * Use your own research.
Attached Image (click to enlarge)
Click to Enlarge Name: eu-30m-ap13_target1.jpg Size: 109 KB
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #225,064
  • Apr 13, 2010 2:59pm Apr 13, 2010 2:59pm
Quoting Protogenos
I don't want to give any bad info, so I'll correct myself. A person can chose to report forex gains/losses on line 21 of the 1040 which is other income. However, I think if you do that then you cannot take the 60/40 split for long/short term gains.
Thank you Prot. I'm on my way to see the accountant right now.
  • #225,065
  • Apr 13, 2010 3:01pm Apr 13, 2010 3:01pm
Quoting Temps
I think we are 1.3700+ tomorrow .....I may very well be wrong.

we bounced nicely off 38.2 retrace 1.3280/1.3690

goodluck...
It also appears these dips are being bought up but i would need confirmation from a vsa guru.... malcomb... shamus
Attached Image (click to enlarge)
Click to Enlarge Name: volume.gif Size: 15 KB
  • #225,066
  • Apr 13, 2010 3:02pm Apr 13, 2010 3:02pm
As i said yesterday this is going down, most people in here were overhyping a bullrun so hard that it was quite obvious what EU would do.

Unfortunately if Greece accepts the bailout then EU should skyrocket up on "retail traders confidence in the euro" ofcourse most people dont realise that Greece's debt is at about 300 Billion € right now. Their 26 and 52 Week note sales auction went pretty well today nevertheless they need 20 billion by the end of the month and another 20 billion by the end of the year to cover financial costs, interesst payments etc.

If they accept the Eurogroup/IMF package which they most likely will i expect the price to go up, but given the fact that most people realise that greece will have major issues repaying it back and thus will have to default on parts of its debt i can see the long term projection of 1.28 happening sooner or later but probably within the next months/weeks even.
  • #225,067
  • Apr 13, 2010 3:02pm Apr 13, 2010 3:02pm
Quoting mmccormac
Also, the USDX must be considered... On the 4hr I see a flag formation as well, keep an eye on these guys.

EDIT: Also, on Oil we've got a pretty good bounce brewing off a TL and the 50% Fib on that last swing up (on the 4hr)... Keep this in mind as well.
that may be a death signature for oil. (bear wedge)
those who can, do. those who cant, talk about those who can
  • #225,068
  • Edited 3:14pm Apr 13, 2010 3:11pm | Edited 3:14pm
My guess is tap of .3555 in next hour then up up up from there. I got a shot targeting .3555 one with a trail stop in case we see deep dive. I have a buy at .3555 And check out that divergence on the one hour. This baby is going up a couple hundred tonight, I'm sure.
Founder of Sutherland Wave Principle
  • #225,069
  • Apr 13, 2010 3:14pm Apr 13, 2010 3:14pm
to move down to the 13555 region would bounce to the 15M chart, possible but seems undirectional in the last 4 hours or so, seems not sure where to go


Quoting suthmo
My guess is tap of .3555 in next hour then up up up from there.
  • #225,070
  • Apr 13, 2010 3:16pm Apr 13, 2010 3:16pm
Quoting gatorinla
that may be a death signature for oil. (bear wedge)
Hmmm..after hours antics. Wonder if it manages to make it to your center of the universe.
  • #225,071
  • Apr 13, 2010 3:17pm Apr 13, 2010 3:17pm
This is the wind up, this H1 candle up to .36385 the next one down to .3555 and then we off to the moon. Of course when I tell u this stuff the brokers see it and everything changes, so I best shut up.
Founder of Sutherland Wave Principle
  • #225,072
  • Apr 13, 2010 3:21pm Apr 13, 2010 3:21pm
Quoting gatorinla
if eu dont move it may build a wedge or flag pointing north. many will see the h/h h/l and confuse it for a false bull. as said euro does not control its own direction most of the time. with exception greece crises ect but its rare. commodities control the usd because they are priced in usd. usd is the anti euro.. since euro is the most widley usd cross. good for commodities is good for euro/ bad for usd. bad for commodities is bad for aud kiwi cad. these wedges are 10/11 weeks old..so we may get double the time. all speculation... wtf do...
dont jump in the hole. let the rabbit come to you. we dont know where or when its comming out.

if you cant wait only buy a the bottom tl..or recent low. this may not be a final wedge.. it can still grow for weeks.. you can also use the huge wedge walls on cad kiwi and aud. for indicators. limiting loss is making noney.

this is the most sleep that ive had in 6 months.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 14 KB
those who can, do. those who cant, talk about those who can
  • #225,073
  • Apr 13, 2010 3:33pm Apr 13, 2010 3:33pm
Check out the pattern on the 1HR ?????
Attached Image
Founder of Sutherland Wave Principle
  • #225,074
  • Apr 13, 2010 3:36pm Apr 13, 2010 3:36pm
Quoting suthmo
Check out the pattern on the 1HR ?????
If I identified a new pattern can I name it?
Founder of Sutherland Wave Principle
  • #225,075
  • Apr 13, 2010 3:40pm Apr 13, 2010 3:40pm
I think that it is called an expanding flat
  • #225,076
  • Edited 3:54pm Apr 13, 2010 3:43pm | Edited 3:54pm
small or huge?

extra small.
Sometimes I lose. Sometimes the others win.
  • #225,077
  • Apr 13, 2010 3:44pm Apr 13, 2010 3:44pm
Quoting suthmo
If I identified a new pattern can I name it?
just call it the voodoo pattern
  • #225,078
  • Apr 13, 2010 3:47pm Apr 13, 2010 3:47pm
Quoting suthmo
This is the wind up, this H1 candle up to .36385 the next one down to .3555 and then we off to the moon. Of course when I tell u this stuff the brokers see it and everything changes, so I best shut up.

.3685 to .3500

?

Attached Image
Founder of Sutherland Wave Principle
  • #225,079
  • Apr 13, 2010 3:48pm Apr 13, 2010 3:48pm
Warning time... Check your EURX charts and remember THIS (Click Me).

It's testing now.
  • #225,080
  • Apr 13, 2010 3:48pm Apr 13, 2010 3:48pm
Quoting suthmo
If I identified a new pattern can I name it?
Look up a megaphone pattern.
547 traders viewing now