EURUSD | Page 12718 | 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

  • #254,341
  • Jun 7, 2010 9:21am Jun 7, 2010 9:21am
[quote=SkyzerFX;3782998]Does anyone have a system, set it and forget it.. Take a trade set SL TP

and do your daily things.. Watching Forex moves will probably

lead either for early bailout or early TP (not to mention negative health impact) .. I just notice less I'm watching,

better it is for the Trade itself..

I believe you ... lol... I believe you ... lol

teb
  • #254,342
  • Jun 7, 2010 9:22am Jun 7, 2010 9:22am
Quoting mercy seat
Uups - so you got stopped out ...
yes uncertainty at the open of US stock market same with any stock market they have to see first where they are going to....volume on the futures was good last 2 15min bars current one not so good. Will go higher my best A$$ guess
Trade on your own risk Plan your trade&trade your plan dont be a
  • #254,343
  • Jun 7, 2010 9:23am Jun 7, 2010 9:23am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting SkyzerFX
I don't see how possibly you can have 40 pips for cable

not to mention GBPJPY 100 pips at least if not 150 need for this

high volatility pair.. But you'll find out later, when your losses will

exceed your winners and that's guaranteed by FX even for 1:1 SL to TP

P.S

we probably talking about different Time frames.. ON 5-15 min, perhaps you right
Nope, am talking in general on a 1H timeframe.
Cable 30 max 40 pips SL and GBP/JPY the same.
EUR/USD average 25 pips.
Same strategie that I am using since 2006.

100-150 PIPS SL, man that is sick. Just 25-30 PIPS SL and reverse if wrong.
Being right is one, taking it from the table is two.
  • #254,344
  • Jun 7, 2010 9:28am Jun 7, 2010 9:28am
Quoting micho
im long in gold with 2 positions @ 1214.08
target 1 @1223.99
target 2 @1232.32
target one hit +96
stop loss at BE
When life gives you lemons, make lemonade
  • #254,345
  • Jun 7, 2010 9:29am Jun 7, 2010 9:29am
Quoting ido370
i know, but you must have the money to trade at larger timeframes is just fell last friday from 500 euro back to 250, now trying to get back to 300 today guess most of you are trading "big money" ?
the thing about friday... it was just hype.

What you should have looked is that the pivot point was not breached and EU traded below it, slowly creeping towards it in Asia and EU untill the news.

That may not say much to people not using pivots, but if you keep them on your chart, you will notice that slowly creeping up during low volume hours and before the news and touching the central pivot usually means it`s time to sell.

Also the trend is down... so picking a wrong time to enter with a sell will most likely mean it will turn and allow you to take some profit sooner then entering a buy. :-)

Hope this helps for future trading!
  • #254,346
  • Jun 7, 2010 9:29am Jun 7, 2010 9:29am
Quoting DMA Trader
Romania, one of Hungary neighbor


BUCHAREST (Dow Jones)--Romania's finance ministry Monday rejected for the second time this month all bids in a one-year treasury-bills sale, citing high yields, news agency Mediafax reported. .
Belgium is Next after that

Busy Summer


The latest casualty of the European contagion is sleepy, quiet, french-fry and beer specialist Belgium. The country's 10 Year bonds have gone vertical on ever increasing concerns the European core is just as messed up as the periphery. Look for this hockeysticking to add even more tightness to German Bund spreads, until one day the market wakes up and realizes the only country it can now short is Germany itself. That will be game over for Europe.
Attached Image
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #254,347
  • Jun 7, 2010 9:31am Jun 7, 2010 9:31am
Take as reference USDCHF @ 1,1599 to trade consequently on EURUSD.
They have build a breakout pattern
The best thing that can happen to you is to find out where you're wrong.
  • #254,348
  • Jun 7, 2010 9:32am Jun 7, 2010 9:32am
46 looks look

teb
  • #254,349
  • Jun 7, 2010 9:33am Jun 7, 2010 9:33am
Quoting micho
target one hit +96
stop loss at BE
I LIKE YOU MICHO
A little beginner trader since 2006
  • #254,350
  • Jun 7, 2010 9:34am Jun 7, 2010 9:34am
Short at 1.1960
Make your losses in demo. Earn your profits live.
  • #254,351
  • Jun 7, 2010 9:37am Jun 7, 2010 9:37am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting DMA Trader
Belgium is Next after that

Busy Summer


The latest casualty of the European contagion is sleepy, quiet, french-fry and beer specialist Belgium. The country's 10 Year bonds have gone vertical on ever increasing concerns the European core is just as messed up as the periphery. Look for this hockeysticking to add even more tightness to German Bund spreads, until one day the market wakes up and realizes the only country it can now short is Germany itself. That will be game over for Europe.
I am from Belgium one thing is sure:

we are sleepy, quiet, french-fry and beer specialist



For the economy (that our core is messed up) , that is just cheer speculation, we are alive and kicking
Being right is one, taking it from the table is two.
  • #254,352
  • Jun 7, 2010 9:37am Jun 7, 2010 9:37am
Nice hourly UTL
Attached Image (click to enlarge)
Click to Enlarge Name: 1hour UTL.gif Size: 15 KB
  • #254,353
  • Jun 7, 2010 9:38am Jun 7, 2010 9:38am
Quoting alexandru987
the thing about friday... it was just hype.

What you should have looked is that the pivot point was not breached and EU traded below it, slowly creeping towards it in Asia and EU untill the news.

That may not say much to people not using pivots, but if you keep them on your chart, you will notice that slowly creeping up during low volume hours and before the news and touching the central pivot usually means it`s time to sell.

Also the trend is down... so picking a wrong time to enter with a sell will most likely mean it will turn and allow...
thanks for your input. do you have a good pivot indicator perhaps? seems like i already tried different ones, but can't figure out which one is the best one to use.
  • #254,354
  • Jun 7, 2010 9:39am Jun 7, 2010 9:39am
1.1933 support to break for another leg down if but not want 1.1955 breaks up right now as scalping risky shorts there .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #254,355
  • Jun 7, 2010 9:39am Jun 7, 2010 9:39am
Quoting Now
I am from Belgium one thing is sure:

, we are alive and kicking
That's the spirit Bro
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #254,356
  • Jun 7, 2010 9:39am Jun 7, 2010 9:39am
Quoting Now
I am from Belgium one thing is sure:

we are sleepy, quiet, french-fry and beer specialist



But for the economy, that is just cheer speculation, we are alive and kicking
we certainly are , its a few jupilers for me tonight
  • #254,357
  • Jun 7, 2010 9:42am Jun 7, 2010 9:42am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting DMA Trader
That's the spirit Bro
Come and get your free six-pack
Being right is one, taking it from the table is two.
  • #254,358
  • Jun 7, 2010 9:45am Jun 7, 2010 9:45am
Quoting Trading Cat
yes uncertainty at the open of US stock market same with any stock market they have to see first where they are going to....volume on the futures was good last 2 15min bars current one not so good. Will go higher my best A$$ guess
Also - short gehe ich hier nicht. Dazu kam es mir bislang nicht hoch genug. Knallt es trotzdem runter - ist es mir auch egal. I do not sell low and cover high then later.. And if not manage to cross 1.1970 - 80 zone soon - then I take profit with my rest of longs from Asian Session as well soon.

Keine Lust auf langes herumfackeln...


klimm bimm
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #254,359
  • Jun 7, 2010 9:45am Jun 7, 2010 9:45am
Amid a spate of negative headlines the euro eventually broke out of its frustrating 1.21-1.25 range and subsequently printed a low of 1.1876 in Asia.

No doubt sentiment is now very negative and short positions which had been aggressively pared back will have started to rebuild with various downside strategies being implemented. Whilst it is a little concerning that sentiment has swung so uniformly negative again it is hard to argue with the underlying logic and the apparent official European comfort with the level of the euro adds to the reasons to play from the short side; they may become uneasy should the FX move become disorderly or accelerate but a weak euro offers more benefits than problems for them at the moment. So whilst the uniformity of view is concerning, the risks for now still feel weighted to the downside.

We are holding a core short position and hoping short squeezes provide the opportunity to sell more close to 1.2000 and above. A stop needs to be left above the 1.2110/50 area which offered multiple lows before breaking. First support emerges at the Asian low of 1.1876 , with 1.1800 likely to attract interest, while a reasonable target is the 2006 cycle low of 1.1640.

Good luck
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #254,360
  • Jun 7, 2010 9:45am Jun 7, 2010 9:45am
  •  Now
  • | Joined Aug 2006 | Status: 'I should have taken the money' | 654 Posts
Quoting Prosac_100Mg
we certainly are , its a few jupilers for me tonight
For our beer Leffe, my slogan:

One, your are Good,
Two, your are Fine
Three, you are Done

Leffe lovers/knowers will second that.

If not, this is an open invitation for Leffe-Blond or Leffe-Bruin, 1,2 or 3
Being right is one, taking it from the table is two.
660 traders viewing now