EURUSD | Page 13876 | 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

  • #277,501
  • Aug 3, 2010 11:54am Aug 3, 2010 11:54am
This time we do agree 100% .

sisse


Quoting Natch
sisse,
I take your point. I guess as long as the reader gains some value from it then it's a good thing.

I know that such reports impact my view of the market even at an unconscious so I avoid them like the mother in law. I do this because I believe that the market's structure informs the trader of direction and swing magnitude way in advance of any other tool available so I consider such reports to be - in essence - historic since the writer (or their employer) will already have left their footprint within the structure of the market.
Pending conversations? PM for a chat...I am mainly in OTM now
  • #277,502
  • Aug 3, 2010 11:55am Aug 3, 2010 11:55am
Quoting mfoste1
i hope people see whats going on.......please voice your opinions at their website

http://www.forexfactory.com/news.php?do=news&id=248650
This creates a big concern. Is this mean the end of retail FX market as we know it?
  • #277,503
  • Aug 3, 2010 12:02pm Aug 3, 2010 12:02pm
I doubt something like that happens giving the size of Forex retail market in the US. In the worst case scenario you will need to open an account in Canada or in Europe or move to futures.

sisse

Quoting KennyZ
This creates a big concern. Is this mean the end of retail FX market as we know it?
Pending conversations? PM for a chat...I am mainly in OTM now
  • #277,504
  • Aug 3, 2010 12:03pm Aug 3, 2010 12:03pm
Expecting usdx to up & before that eu should up also near top , 3253 to 61 .if to test 3215 befor the up may be seen soon eu .
fontu
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #277,505
  • Aug 3, 2010 12:11pm Aug 3, 2010 12:11pm
Fontu,

That view on the H1 make perfect sense in my intraday 240M. The last support will be only confirmed in a few but a bottom (or mini bottom at least) looks very clear.

sisse
Attached Image (click to enlarge)
Click to Enlarge Name: dx240M.PNG Size: 40 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #277,506
  • Aug 3, 2010 12:35pm Aug 3, 2010 12:35pm
This sucker just keeps running
  • #277,507
  • Aug 3, 2010 12:38pm Aug 3, 2010 12:38pm
Quoting sisse
Fontu,

That view on the H1 make perfect sense in my intraday 240M. The last support will be only confirmed in a few but a bottom (or mini bottom at least) looks very clear.

sisse
Thanks for the good chart , nah ! trying after you see the ew count but can't fit well at the end though last v th wave counts put but not to apply as incorrect ( complex extension perhaps ) , still seems in wave III of 3 with IV may go up 81.50 to 82.83 upto 84.11 enough for any good retracements in eu .

fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #277,508
  • Aug 3, 2010 12:45pm Aug 3, 2010 12:45pm
Sure I had the same doubts because from a very strict Technical point of view that wave 2 is not one wave. Wave 1 actually started in the middle of the break of point 2 in my chart, making the current wave, wave 3 as you pointed out. In any case, that chart is very clean and I agree that there should be a decent retrace before attempting to even try to break that huge monthly S.

sisse


Quoting fontu
Thanks for the good chart , nah ! trying after you see the ew count but can't fit well at the end , still seems in wave III of 3 with IV may go up 81.50 to 82.83 upto 84.11 enough for any good retracements in eu .

fontu
Pending conversations? PM for a chat...I am mainly in OTM now
  • #277,509
  • Aug 3, 2010 12:58pm Aug 3, 2010 12:58pm
16 will hold...

next i have 10 and then 93... scalping my way down.

hapipipin
dreams do come true.
  • #277,510
  • Aug 3, 2010 1:07pm Aug 3, 2010 1:07pm
Quoting Jay Walker
I'm long on EUR/USD from 1.2951 on the daily and will be until I decide to pull the plug.

Also short USD/CAD 1.0393, long EUR/JPY from 113.07 and long GBP/JPY from 134.87.

All on daily charts. All until I decide to pull the plug
And the plug has been pulled on EUR/JPY @ 113.19 Better a few pips than taking a bath.
Not all sins are created equal
  • #277,511
  • Aug 3, 2010 1:36pm Aug 3, 2010 1:36pm
Quoting Jay Walker
And the plug has been pulled on EUR/JPY @ 113.19 Better a few pips than taking a bath.
Just sent u pm
  • #277,512
  • Aug 3, 2010 1:39pm Aug 3, 2010 1:39pm
Quoting sisse
Sure I had the same doubts because from a very strict Technical point of view that wave 2 is not one wave. Wave 1 actually started in the middle of the break of point 2 in my chart, making the current wave, wave 3 as you pointed out. In any case, that chart is very clean and I agree that there should be a decent retrace before attempting to even try to break that huge monthly S.

sisse
ill post my chart later but tomorrow can be a correction day and market will try to hit new high around 3320-30 and then can drop quickly for correction for further up sisse you noticed gap on chart a Monday gap i just watch it now closing of the week was 3038 and opening was at 3065 and i think market will fill that gap tomorrow or may be on Tuesday before NFP what do you say

Ub
  • #277,513
  • Aug 3, 2010 1:47pm Aug 3, 2010 1:47pm
Hi,

I am searching for a good entry point to long Euro..
Any advices ?

Thanks
  • #277,514
  • Aug 3, 2010 1:47pm Aug 3, 2010 1:47pm
Well spot. Yes I actually notice later on monday but I didn't give much attention to that gap. I checked the futures chart and that gap was properly filled on the opening. I was kind of surprise because 3 different forex feeds plus the historical from my broker gave me the daily chart without a gap but all them have an intraday data gap.

At first glance, it doesn't seem like a real gap but now that you mentioned again is very possible that actually those levels were never traded in forex and a retrace can fill those "virgin" levels.

sisse

Quoting ubaidahsan
ill post my chart later but tomorrow can be a correction day and market will try to hit new high around 3320-30 and then can drop quickly for correction for further up sisse you noticed gap on chart a Monday gap i just watch it now closing of the week was 3038 and opening was at 3065 and i think market will fill that gap tomorrow or may be on Tuesday before NFP what do you say

Ub
Pending conversations? PM for a chat...I am mainly in OTM now
  • #277,515
  • Aug 3, 2010 1:57pm Aug 3, 2010 1:57pm
Quoting jimmyloz
Hello traders i think about that what else ?

http://nsa17.casimages.com/img/2010/...1542578585.jpg

other analysis on my blog http://foxtrade-foxtrade.blogspot.com/



i like forexfactory do you know website like it for the market indices ( $CAC, $DAX, $INDU, $SP500 ) ?
overbouht market ?
  • #277,516
  • Aug 3, 2010 2:02pm Aug 3, 2010 2:02pm
Ce n'est pas de nouvelles. La question est jusqu'à quand

sisse

Quoting jimmyloz
overbouht market ?
Pending conversations? PM for a chat...I am mainly in OTM now
  • #277,517
  • Aug 3, 2010 2:29pm Aug 3, 2010 2:29pm
Quoting ubaidahsan
ill post my chart later but tomorrow can be a correction day and market will try to hit new high around 3320-30 and then can drop quickly for correction for further up sisse you noticed gap on chart a Monday gap i just watch it now closing of the week was 3038 and opening was at 3065 and i think market will fill that gap tomorrow or may be on Tuesday before NFP what do you say

Ub
Let see if you see this post. I sent one earlier referencing your comment about wave 4 up (?) target. No wave 4's in an uptrend. But no response.

I have Friday's close (NY 5pm ET) @ 1.3050 and Sun evening open (again NY 5pm ET) @ 1.3062 and then the low for the Monday complete trading day bar @ 1.3052 so a difference of 2 pips.

Hardly an open gap.

But based on EW I do expect price to go down there regardless of this 2 pip amount.
  • #277,518
  • Aug 3, 2010 2:30pm Aug 3, 2010 2:30pm
Quoting jimmyloz
overbouht market ?
That is the same chart at least 3 times, with no update. Is there a purpose?
  • #277,519
  • Aug 3, 2010 2:48pm Aug 3, 2010 2:48pm
SunTrader can you confirm that you don't have those 2 last bars on friday. I am very intrigue now. Actually using a 4th data provider with tick volume data I don't have that problem. Is the 1st time I have this problem.

Charts are 15m and 5000v

sisse

Quoting SunTrader
That is the same chart at least 3 times, with no update. Is there a purpose?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15m.PNG Size: 40 KB
Click to Enlarge Name: 5000v.PNG Size: 40 KB
Pending conversations? PM for a chat...I am mainly in OTM now
  • #277,520
  • Aug 3, 2010 2:53pm Aug 3, 2010 2:53pm
If this can hold to break down or failed , 80.53/50 ok though & needed perhaps eu go near top and same confusion eu opposite ,inverted hs at the top . next see next morning what pa decided.
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
565 traders viewing now, 1 is registered:
Jewel1996