EURUSD | Page 11480 | 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

  • #229,581
  • Apr 22, 2010 4:08pm Apr 22, 2010 4:08pm
Quoting gatorinla
very few days.. 2008 is the old days?
One of these days in 2008 around winter I picked the top and caught about 600 pips It continued for another 100 but I locked in the 600. It was on a live micro account I turned $2 into eight that night. I used my technique to pick the top and entered trade on my laptop at home. I had to go to work. I had a an Ipaq with wireless. I had to go up on the roof to get a wireless signal, and was trailing it down with a stop. In case I couldn't get a signal at work, I had set some congratulatory text messages to go from MT4 to my cell at different levels on the way down. I have to scan through my account details to find the record. But I think they might have consolidated it. I want to study the conditions of that day and find out why my system worked compared to when it doesn't work.
Founder of Sutherland Wave Principle
  • #229,582
  • Apr 22, 2010 4:11pm Apr 22, 2010 4:11pm
E/AUD sinking as expected.... wonder if its time to reverse bias. ..... Hmm

My greed has 1.38 drawn in the sand... but my gosh i've never felt a stronger compulsion to go long @ 1.4328. We'll see....
  • #229,583
  • Apr 22, 2010 4:11pm Apr 22, 2010 4:11pm
Quoting akhtergroup
The CBs are selling hardcore, admist a technical correction to the upside. All bullishness is met with a bunch of concentrated offers. I doubt they are causing the convergence, more like getting it cheaper and cheaper, ie. give erections to shorts via high volume down bars.

The greek fiasco is just bull and has nothing to do with EU PA. Yet the world is trying to convince everyone it is. I don't understand how this can be allowed. analysts tooting their horn like they know the real reason behind devaluation in EU.

$1.3942 is correctional target...
ok.. but do you realise. each day that goes buy. it cost all ez countries more to survive? higher bond rates ensure this. in europes entire history they always have fought even when they had a commoun currency.. . i doubt paper will stop this. ill see ya on the other side.
those who can, do. those who cant, talk about those who can
  • #229,584
  • Apr 22, 2010 4:12pm Apr 22, 2010 4:12pm
Quoting T@rantula
What bullish convergence? There is no bullish convergence, there is hidden reverse divergence on H1, also on H4, some classic bullish divergences were formed also, but those have been completely devastated by reverse/hidden bearish divergences.
i stated what he saw.. i never said i agreed.
those who can, do. those who cant, talk about those who can
  • #229,585
  • Apr 22, 2010 4:15pm Apr 22, 2010 4:15pm
Quoting gatorinla
i stated what he saw.. i never said i agreed.
True.
  • #229,586
  • Apr 22, 2010 4:15pm Apr 22, 2010 4:15pm
Quoting suthmo
One of these days in 2008 around winter I picked the top and caught about 600 pips It continued for another 100 but I locked in the 600. It was on a live micro account I turned $2 into eight that night. I used my technique to pick the top and entered trade on my laptop at home. I had to go to work. I had a an Ipaq with wireless. I had to go up on the roof to get a wireless signal, and was trailing it down with a stop. In case I couldn't get a signal at work, I had set some congratulatory text messages to go from MT4 to my cell at different levels...
Err.... LUCK perhaps??
  • #229,587
  • Apr 22, 2010 4:20pm Apr 22, 2010 4:20pm
Quoting akhtergroup
The CBs are selling hardcore, admist a technical correction to the upside. All bullishness is met with a bunch of concentrated offers. I doubt they are causing the convergence, more like getting it cheaper and cheaper, ie. give erections to shorts via high volume down bars.

The greek fiasco is just bull and has nothing to do with EU PA. Yet the world is trying to convince everyone it is. I don't understand how this can be allowed. analysts tooting their horn like they know the real reason behind devaluation in EU.

$1.3942 is correctional target...

I dont know about 40 per day but we should see upside soon. Maybe not tomorrow or next week but it will start to turn. I am in with a stop about 75 pips below current price. I think 3-500 pips in the coming months is a no-brainer. But Ive been wrong before.
  • #229,588
  • Apr 22, 2010 4:24pm Apr 22, 2010 4:24pm
Quoting klinckphilip
I dont know about 40 per day but we should see upside soon. Maybe not tomorrow or next week but it will start to turn. I am in with a stop about 75 pips below current price. I think 3-500 pips in the coming months is a no-brainer. But Ive been wrong before.
We wont see much of upside movement until the price makes a new HL, and the MACD makes a LL
  • #229,589
  • Apr 22, 2010 4:26pm Apr 22, 2010 4:26pm
Howdy folks.. I'm long EU 1.3285 s/l 1.3247 .. The daily RSI is showing divergence meaning that the momentum might not be sufficient to continue the move through strong support. The risk vs. reward is so extreme that even a 25% chance of support holding is worth a shot. I'm a little concerned about the after the bell drop, but it seems to be due to a combination of black box orders and a very large order in EG. I would not attempt another long if 1.325 cracks until 1.30

http://crawldex.com/eudivergence.bmp
  • #229,590
  • Apr 22, 2010 4:32pm Apr 22, 2010 4:32pm
Quoting T@rantula
We wont see much of upside movement until the price makes a new HL, and the MACD makes a LL

I work with such small lots compared to my account I dont mind starting the trade now. If this were not the case I would just not be trading right now. So dont trade unless you can absolutely risk the money with little to no pain.
  • #229,591
  • Apr 22, 2010 4:37pm Apr 22, 2010 4:37pm
Quoting geomink
tomorrow, if not tonight
move since nov. may just be a baby move..we may be on the edge of a bigger move..eu and e/chf have crossed. still waiting for new H/L the usdx touched the tl.. were at a pp for the longer term in direction.. kiwi aud have been rejected to the bear side for now (weeks ago).. from here will determine mt/Lt (direction) trade maybe for years. pairs are positioning until..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.gif Size: 27 KB
Click to Enlarge Name: 2.gif Size: 24 KB
Click to Enlarge Name: 3.gif Size: 25 KB
those who can, do. those who cant, talk about those who can
  • #229,592
  • Apr 22, 2010 4:38pm Apr 22, 2010 4:38pm
Quoting klinckphilip
I work with such small lots compared to my account I dont mind starting the trade now. If this were not the case I would just not be trading right now. So dont trade unless you can absolutely risk the money with little to no pain.
No pain...no gain It took me some time before I realized- trade what u see, not what u expect
  • #229,593
  • Apr 22, 2010 4:39pm Apr 22, 2010 4:39pm
Quoting Warwick
E/AUD sinking as expected.... wonder if its time to reverse bias. ..... Hmm

My greed has 1.38 drawn in the sand... but my gosh i've never felt a stronger compulsion to go long @ 1.4328. We'll see....
Scratch that long...greed it is.

Now Flat. Had an initial target of 1.4200.
  • #229,594
  • Apr 22, 2010 4:40pm Apr 22, 2010 4:40pm
It looks like someone is trying to pull a little Pearl Harbor move in EG before the Asian markets open.. resting on major support now.
  • #229,595
  • Apr 22, 2010 4:44pm Apr 22, 2010 4:44pm
Quoting Warwick
Scratch that long...greed it is.

Now Flat. Had an initial target of 1.4200.
Just dont jump in and out. Your talking about 1000+ pip target but your stop was so low. If you want to shoot for 1000+ you better be sure and also have 200+ pip risk level.
  • #229,596
  • Apr 22, 2010 4:45pm Apr 22, 2010 4:45pm
I have 2 shorts open on my demo account from 3318 with trailing stops. Ill see how this plays out and finish my analysis when i wake up in 5 hours gn8.
  • #229,597
  • Apr 22, 2010 4:46pm Apr 22, 2010 4:46pm
Quoting gatorinla
. from here will determine mt/Lt (direction) trade maybe for years. pairs are positioning until..
the g20 oks on it like last year? ;P
  • #229,598
  • Apr 22, 2010 4:46pm Apr 22, 2010 4:46pm
Quoting Pippy5000
Howdy folks.. I'm long EU 1.3285 s/l 1.3247 .. The daily RSI is showing divergence meaning that the momentum might not be sufficient to continue the move through strong support. The risk vs. reward is so extreme that even a 25% chance of support holding is worth a shot. I'm a little concerned about the after the bell drop, but it seems to be due to a combination of black box orders and a very large order in EG. I would not attempt another long if 1.325 cracks until 1.30

http://crawldex.com/eudivergence.bmp
thats sorta what im seeing, some divergence on the macd daily, resting on major support, what 6 down days?, higher high from the greek bailout, no reason not to go long here with a fairly tight stop loss....amazing R/R
  • #229,599
  • Apr 22, 2010 4:50pm Apr 22, 2010 4:50pm
Tempting to go long at these levels but something smells fishy. Might be wiser to sit this one out.
  • #229,600
  • Apr 22, 2010 4:50pm Apr 22, 2010 4:50pm
Quoting weswes
thats sorta what im seeing, some divergence on the macd daily, resting on major support, what 6 down days?, higher high from the greek bailout, no reason not to go long here with a fairly tight stop loss....amazing R/R
I have to agree.

Short term- Bull
Mid term- neutral
Long term- Bull
403 traders viewing now