EURUSD | Page 13492 | 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

  • #269,821
  • Jul 12, 2010 5:58am Jul 12, 2010 5:58am
Quoting starlogic21
Hi Sum1,

Would you be able to give a brief explanation of your chart for a wide-eyed newbie like me please?

i think i see that you're pointing out bearish divergence on the RSI but I'm not sure what your blue boxes mean...Help!

Many thanks in advance.....
I think that the blue rectangles are the accumulation/distribution or demand supply zones where he expects the PA (price action) to be range bound.
the lines are pitchfork lines.
hope it helps.
  • #269,822
  • Jul 12, 2010 6:01am Jul 12, 2010 6:01am
Quoting wannaberich
i was told that the holy grail was here somewhere. so i will start reading from the beginning!
And there's also an Easter Egg hidden somewhere along the pages - a photo of naked Gatorinla!
  • #269,823
  • Jul 12, 2010 6:03am Jul 12, 2010 6:03am
Do you refer to SMA as to smooth or simple MA?
sasa
Quoting Nene
Here you see the 89 acting as support and the bottom of a triangle. I amin waiting mode except for the long term carry.
  • #269,824
  • Jul 12, 2010 6:10am Jul 12, 2010 6:10am
6751 pages to me - but that is because I have settings to display 40 posts per page.

Not to mention about half are of the "Iggy" variety.

Makes for easy speed reading when you haven't been online for period of time.

  • #269,825
  • Jul 12, 2010 6:21am Jul 12, 2010 6:21am
Everyone waiting for NY open?
sasa
  • #269,826
  • Jul 12, 2010 6:23am Jul 12, 2010 6:23am
Message to Sum 1 : you'll consider a buy position if EU/usd will break 1.26011???
  • #269,827
  • Jul 12, 2010 6:29am Jul 12, 2010 6:29am
Quoting Nene
Here you see the 89 acting as support and the bottom of a triangle. I amin waiting mode except for the long term carry.
Hi nene,

Could you give me the parameters of your 89 SMA? Can't get it to look like the one on your graph, sorry for the newbeeness...

Cheers,

Walt
  • #269,828
  • Jul 12, 2010 6:31am Jul 12, 2010 6:31am
i'm in short. (2561)
  • #269,829
  • Jul 12, 2010 6:33am Jul 12, 2010 6:33am
If 1.2550 gives way we are heading down to 1.2450. Which is unfortunate if I have to exit before the Alcoa earnings announcement.
  • #269,830
  • Jul 12, 2010 6:36am Jul 12, 2010 6:36am
larian, what is your stop loss and TP please?

thanks

sami
  • #269,831
  • Jul 12, 2010 6:38am Jul 12, 2010 6:38am
Quoting T.E.Lawrence
We are now on 18000th page of this thread!
  • #269,832
  • Jul 12, 2010 6:41am Jul 12, 2010 6:41am
Quoting SunTrader
40 posts per page....

half are of the "Iggy" variety.
...
Makes for easy speed reading..
exactly...
FUBAR...
  • #269,833
  • Jul 12, 2010 6:42am Jul 12, 2010 6:42am
Quoting Atlast
That's strange, an 89 EMA or SMA gives 1.2470 and 1.2425 on 4H chart depending on session timing
exactly...
FUBAR...
  • #269,834
  • Jul 12, 2010 6:43am Jul 12, 2010 6:43am
Quoting manojsai
I think that the blue rectangles are the accumulation/distribution or demand supply zones where he expects the PA (price action) to be range bound.
the lines are pitchfork lines.
hope it helps.
Thankyou, it helps a lot...I'm learning a so much from all you experienced guys. It's all starting to make sense now! Thanks to you and the others
  • #269,835
  • Jul 12, 2010 6:46am Jul 12, 2010 6:46am
Here is 4 hr EUR/USD wth all 3 loaded.

Quoting Walt
Hi nene,

Could you give me the parameters of your 89 SMA? Can't get it to look like the one on your graph, sorry for the newbeeness...

Cheers,

Walt
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 16 KB
  • #269,836
  • Jul 12, 2010 6:47am Jul 12, 2010 6:47am
Quoting sami29uk
larian, what is your stop loss and TP please?

thanks

sami
SL on 2608
TP on 2551
  • #269,837
  • Jul 12, 2010 6:49am Jul 12, 2010 6:49am
Quoting sasavisnic67
Everyone waiting for NY open?
sasa
what time is NY open? i thought it already opened at 8.30 est
  • #269,838
  • Jul 12, 2010 6:50am Jul 12, 2010 6:50am
Alcoa earnings are being priced in atm, helping lift equities above resistance. I won't be surpires to see a sell off as the actual release nears though. Buy the rumor sell the fact.
  • #269,839
  • Jul 12, 2010 6:53am Jul 12, 2010 6:53am
Quoting Nene
Here is 4 hr EUR/USD wth all 3 loaded.
Thanks, this works fine, but what is the MA on your 1h chart from post:

Quoting Nene
Here you see the 89 acting as support and the bottom of a triangle. I amin waiting mode except for the long term carry.
Thank you,

Walt
  • #269,840
  • Jul 12, 2010 6:53am Jul 12, 2010 6:53am
Euro May Fall to $1.2305 Versus Dollar, Barclays Says: Technical Analysis

By Chris Kay - Jul 12, 2010

  1. Email
  2. Share

    1. Business Exchange
    2. Twitter
    3. Delicious
    4. Digg
    5. Facebook
    6. LinkedIn
    7. Newsvine
    8. Propeller
    9. Yahoo! Buzz

  3. Print


The euro may fall as low as $1.2305 against the dollar this week should it fail to surpass key “cloud resistance” on the daily ichimoku chart, according to Barclays Capital Plc.
The euro hasn’t broken through the cloud resistance level of $1.2785 set for the rest of July.
“Intraday a break below $1.2550 is likely to trigger more stop loss selling and a return to the $1.2450/80 breakout level, probably a retest of trendline support at $1.2305 later in the week thereafter,” analysts including Philip Roberts in London wrote in a note today. “A break below $1.2550 would strongly suggest to us that the summer doldrums are underway.”
The euro fell 0.7 percent to $1.2558 as of 11:22 a.m. in London. It reached a near two-month high of $1.2698 on July 8.
An ichimoku chart analyzes the midpoints of historic highs and lows. A cloud is the area between the first and second leading span lines on the chart, and is used to show an area where buy or sell orders may be clustered.
In technical analysis, investors and analysts study charts of trading patterns to forecast changes in a security, commodity, currency or index. Support is where buy orders may be grouped, and resistance is a level where sell orders may be clustered.
To contact the reporter on this story: Chris Kay in London at [email protected]

Let us be green
493 traders viewing now, 1 is registered:
tehboy