EURUSD | Page 12829 | 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

  • #256,561
  • Jun 10, 2010 9:12pm Jun 10, 2010 9:12pm
Quoting Jhig
Many traders can treat the market like a personal atm. Find the trend on the higher time frames. Wanna fine tune those entries? Find the trend on the higher timeframes and look for entries on the side the trend on the lower time frames. Make sure you hold your winners and cut your losers.

Many of us been doing this for years. I'm just about ready to retire, assuming I stick to the plan. Wanna retire quicker? Trade volatile pairs with this strategy. Pairs who's daily pip movement is +300 of more. Theres a reason I trade Eur/Aud Eur/Nzd Gbp/Aud...

i used to try and trade gbp/nzd....dont like it......these days the only pairs i trade are eu uchf uj ej au
  • #256,562
  • Jun 10, 2010 9:15pm Jun 10, 2010 9:15pm
Quoting Jhig
Many traders can treat the market like a personal atm. Find the trend on the higher time frames. Wanna fine tune those entries? Find the trend on the higher timeframes and look for entries on the side the trend on the lower time frames. Make sure you hold your winners and cut your losers.

Many of us been doing this for years. I'm just about ready to retire, assuming I stick to the plan. Wanna retire quicker? Trade volatile pairs with this strategy. Pairs who's daily pip movement is +300 of more. Theres a reason I trade Eur/Aud Eur/Nzd Gbp/Aud...
What about GBP/JPY?
  • #256,563
  • Edited 9:46pm Jun 10, 2010 9:21pm | Edited 9:46pm
I've got a pinbar at M30 and H1 combined with S/R at 1.2150, divergence, long term trend is bearish so I'm now short 1.2100 at a SL of 60. Hopefully 3rd time is the charm as this damn pair faked me out twice in the last 2 days.
Attached Image (click to enlarge)
Click to Enlarge Name: pinbar.gif Size: 26 KB
  • #256,564
  • Jun 10, 2010 9:24pm Jun 10, 2010 9:24pm
Quoting Leeson
What about GBP/JPY?
I don't like Jpy pairs. I think it's psychological.
When I first started trading fx, I chose jpy pairs to trade.
I've never made any profits trading jpy pairs, and I've traded a lot of jpy pairs.
G/J would be a prime pair to trade based on my strategy, but I just can't do it.
  • #256,565
  • Jun 10, 2010 9:26pm Jun 10, 2010 9:26pm
Gotta wonder how many times it will test 1.2144 area before collapsing?

Sigh...
.:"If you do square work, you do not cut corners":.
  • #256,566
  • Jun 10, 2010 9:26pm Jun 10, 2010 9:26pm
Quoting Jhig
I don't like Jpy pairs. I think it's psychological.
When I first started trading fx, I chose jpy pairs to trade.
I've never made any profits trading jpy pairs, and I've traded a lot of jpy pairs.
G/J would be a prime pair to trade based on my strategy, but I just can't do it.

G/J the beast!
All that is left in FF is just plain garbage. "Cloggie"
  • #256,567
  • Jun 10, 2010 9:30pm Jun 10, 2010 9:30pm
Especially with that double top on the 15m, but I am moving my tp up to 2300 from 2160. Will take half at 2160 and let the rest run. (Providing we make it there.)

I'm seeing too many bullish signs to continue short yet. including this funky inverted H7S on the 4 hour. 2160 being the neck line!
All that is left in FF is just plain garbage. "Cloggie"
  • #256,568
  • Jun 10, 2010 9:32pm Jun 10, 2010 9:32pm
If it wasn't for Eur/Aud volatile pa and high spread, teaching my how to trade longer term and applying what I learned to Eur/Usd.

[EurUsd - trading short because the 8H chart (right) found resistance near top channel. I fined tuned my entry on 1H (left) looked for reversal candlestick]
Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 57 KB


[EurNzd - trading long as I see a retrace move on the 8H (right). Found entry playing reversal candlestick on the 1H (left)]
Attached Image (click to enlarge)
Click to Enlarge Name: 2.PNG Size: 59 KB
  • #256,569
  • Jun 10, 2010 9:37pm Jun 10, 2010 9:37pm
USDX 4h on it's trendline, might bounce up some.

Attached Image (click to enlarge)
Click to Enlarge Name: usdx11.06.gif Size: 18 KB
  • #256,570
  • Jun 10, 2010 9:46pm Jun 10, 2010 9:46pm
Quoting Jhig
If it wasn't for Eur/Aud volatile pa and high spread, teaching my how to trade longer term and applying what I learned to Eur/Usd.

[EurUsd - trading short because the 8H chart (right) found resistance near top channel. I fined tuned my entry on 1H (left) looked for reversal candlestick]
Attachment

[EurNzd - trading long as I see a retrace move on the 8H (right). Found entry playing reversal candlestick on the 1H (left)]
Attachment
Thanks!
  • #256,571
  • Jun 10, 2010 9:48pm Jun 10, 2010 9:48pm
Quoting fxswing
Here is a 8H chart, with the signal and some past signals on it.
Worth a try for me...
Not saying this is bullet proof, just that probabilities are skewed favorably.
that indi looks useful ... is it publicly available ... care to share ?

thnks
  • #256,572
  • Jun 10, 2010 9:49pm Jun 10, 2010 9:49pm
Quoting tonyo524
G/J the beast!
I agree, G/J is a beast but it's a pair that has caught on with the public, so it doesn't move like it use to.

On the other hand, Eur/Nzd and Gbp/Nzd are pair hardly moves, no one touches these pairs but banks and govt. So they really move and if you have a plan of action you can make a lot of money off those violent moves. In fact, a community of trader who trades anything and everything, don't trade these pairs. I asked owner of Stocktwits to add Eur/Nzd, Gbp/Nzd, etc to their list as no one trades this pairs. This was months ago with Eur/Nzd added last month and I am the only trader out of about 30,000 fx traders that trades those pairs. http://stocktwits.com/symbol/EURNZD
  • #256,573
  • Jun 10, 2010 9:51pm Jun 10, 2010 9:51pm
Quoting Jhig
I agree, G/J is a beast but it's a pair that has caught with the public, so it doesn't move like it use to.

On the over hand, Eur/Nzd and Gbp/Nzd are pair hardly no one touches but banks and govt. So it' really moved and if you have a plan of action you can make a lot of money off those violent moves. In face, a community that trades anything and everything, didnt trade these pairs. I asked owner of Stocktwits to add Eur/Nzd, Gbp/Nzd, etc to their list as no one trades this pairs. This was months ago with Eur/Nzd added last month and I am the...
I like your thinking here. gonna have to do some demoing
  • #256,574
  • Jun 10, 2010 9:52pm Jun 10, 2010 9:52pm
Quoting Swamp Owl
USDX 4h on it's trendline, might bounce up some.

Attachment
sure looks like weak PA at LTL ... bearish pennant/flag/something forming ... meanwhile eu showing signs of reversal to upside on 5m t/f ...
  • #256,575
  • Jun 10, 2010 10:04pm Jun 10, 2010 10:04pm
Heads up from George Soros, folks:
http://www.bloomberg.com/apps/news?p...d=aY_SHqr1LQhk
From the tips to the dips, it's all about the pips
  • #256,576
  • Edited 10:30pm Jun 10, 2010 10:19pm | Edited 10:30pm
An update on that earlier 12hr chart posted here... either way you slice it, there's a fair amount of Green showin here and a significant Hzl S/R level to be reckoned with.

First chart shows a CLOSE above the 21sma which is currently at 2100ish. Remember on a 12 hr chart, that's 252 hours or a'rd 10.5 days... These candles Open/Close at 7am/7pm CST very close to the NY and Asia market opens.

Attached Image


However, changing the offset on the chart to Open/Close at midnite /noon CST gives these results... note the 21sma has raised 20 pips to 2120ish. In addition changing the offset got rid of that that nasty red pinbar. One can't believe everything one sees...

Attached Image


Bottom line for me, I still got my Bullish eyeballs on for now. The 2150/70ish level is key till it ain't. The other level that has (or will have) my full attention here... the Upper BB.
FUBAR...
  • #256,577
  • Jun 10, 2010 10:21pm Jun 10, 2010 10:21pm
I have come to the conclusion that we are playing a machine.........the prices they set at the time they set......they create the money.....they print it.......I don't even know why they have these markets......or the banks......it's all monopoly money.....we have to believe in it so system works......that's why they play the news.....the music ......even the films........all related to crisis cycle..........believe it or not bush was the best that happened in the crisis cycle......

the way the market works taking away peoples money except for the ones who have the CODE........has to be a Preset Machine.....working coherently across the board with different things commodities, bonds, stocks.......one mega machine......
  • #256,578
  • Jun 10, 2010 10:28pm Jun 10, 2010 10:28pm
Thats right Grandpost and I gave you the code. So get out there and start making money. And don't give it away.
  • #256,579
  • Edited 10:42pm Jun 10, 2010 10:31pm | Edited 10:42pm
stopped out on eu.. but the bounce gave confidence in the chart going tp 2360/63/75.. gonna buy eu at dpp with a sl below next chart level..
yes it sucks im going long until usdx breaks tl and fib resistance..
Attached Image
those who can, do. those who cant, talk about those who can
  • #256,580
  • Jun 10, 2010 10:36pm Jun 10, 2010 10:36pm
Quoting grandpost
the way the market works taking away peoples money except for the ones who have the CODE
Market don't take people's money. People set themselves in situations with positions and (over) leverage that get them killed... Nobody force you to take a position.
Market don't care about you and your position, you're free to take the best trades. See after facts, the possibilities and opportunities were always there, and free for you to grab.
But experience and psychology is a big barrier to overcome, to profit really from markets...
Getting it right is NOT as important as not getting it wrong.
267 traders viewing now