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EURUSD

  • #281,001
  • Aug 12, 2010 6:47am Aug 12, 2010 6:47am
Well that swiss bank aint buying EC...
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Click to Enlarge Name: chart1.gif Size: 14 KB
Look Sharp/Trade Tight
  • #281,002
  • Aug 12, 2010 6:47am Aug 12, 2010 6:47am
better volume indicator.
you can get this and more at this thread.
http://www.forexfactory.com/showthread.php?t=241760

there is aposting by Hidden gap. read his whole posting or better take a print out and read it on your travels. this explains how you can use volume to help your trading.
  • #281,003
  • Aug 12, 2010 6:47am Aug 12, 2010 6:47am
38.2 clearly broken,

now ongoing test, if holding, next 50.00

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  • #281,004
  • Aug 12, 2010 6:47am Aug 12, 2010 6:47am
Quoting Sunsi
Why are the EUR/USD rising now?

Yesterday the stocks where going bad because of the news,and the dollar where getting stronger.
And today, also bad news, stocks going down, but today doallar is getting weaker.

Why is this?
http://www.actionforex.com/markets/p...2010040848154/

cause we passed s3 on the wk and hit mpp.. its a big fight. its easier to walk over the bodies after the battle. big players play big tf with big money. money pours in a certain levels..
those who can, do. those who cant, talk about those who can
  • #281,005
  • Aug 12, 2010 6:47am Aug 12, 2010 6:47am
OMG EC is going down after 10 pips retrace
  • #281,006
  • Aug 12, 2010 6:48am Aug 12, 2010 6:48am
Manojsai, have you or can you post a chart of the better volume indicator that you use to trade? Thanks for all the good info.
  • #281,007
  • Aug 12, 2010 6:49am Aug 12, 2010 6:49am
Quoting kuroro001
I can't imagine the pair going up without any reason
If u follow technicals there is a good reason...1/8 is strong reversal point, if the price stalls and cannot break the level it will rebound...

That has happened
  • #281,008
  • Aug 12, 2010 6:49am Aug 12, 2010 6:49am
Quoting T@rantula
If this is a SNB intervention expect 2939 to be the highest point of this rebound for today
I heard SNB was a seller up near 12900/30 this morning...legging out of the billions on EUR/CHF they have
Look Sharp/Trade Tight
  • #281,009
  • Aug 12, 2010 6:50am Aug 12, 2010 6:50am
Good call for all who have been long since 1230 GMT on Euro!
  • #281,010
  • Aug 12, 2010 6:51am Aug 12, 2010 6:51am
Quoting gatorinla
http://www.actionforex.com/markets/p...2010040848154/

cause we passed s3 on the wk and hit mpp.. its a big fight. its easier to walk over the bodies after the battle.
Thanks alot!

Also, manojsai, thanks for link to the indicator
  • #281,011
  • Aug 12, 2010 6:51am Aug 12, 2010 6:51am
Russia selling near 50/55.....sneaky
Look Sharp/Trade Tight
  • #281,012
  • Aug 12, 2010 6:52am Aug 12, 2010 6:52am
Quoting PayTheLimit
Russia selling near 50/55.....sneaky
Where can you see who is selling and who is buying?
  • #281,013
  • Aug 12, 2010 6:54am Aug 12, 2010 6:54am
Quoting Sunsi
Where can you see who is selling and who is buying?
cant see it only hear it....
Look Sharp/Trade Tight
  • #281,014
  • Aug 12, 2010 6:55am Aug 12, 2010 6:55am
Quoting T@rantula
If u follow technicals there is a good reason...1/8 is strong reversal point, if the price stalls and cannot break the level it will rebound...

That has happened
I follow technical and fundies and i don't see any reason on both of them
COT: The precious data ignored
  • #281,015
  • Aug 12, 2010 6:55am Aug 12, 2010 6:55am
Quoting PayTheLimit
cant see it only hear it....
Okey, Well where ?
  • #281,016
  • Aug 12, 2010 6:56am Aug 12, 2010 6:56am
Quoting Sunsi
Okey, Well where ?
sunsi...here http://www.forexlive.com/category/all
  • #281,017
  • Aug 12, 2010 6:57am Aug 12, 2010 6:57am
Quoting T@rantula
If u follow technicals there is a good reason...1/8 is strong reversal point, if the price stalls and cannot break the level it will rebound...

That has happened
Thanks for a good answer on why we are moving upwards.
May I ask what you mean by 1/8 ?
  • #281,018
  • Aug 12, 2010 6:57am Aug 12, 2010 6:57am
German GDP out of the Eurozone tomorrow. Expected to post an increase of 1.3% which will be the largest quarter growth since 2007. Previous quarter was 0.2%. There are some more bank jitters taking place as well right now in Ireland. If we get disappointing numbers from the GDP. It may be a good opportunity to add onto shorts.
  • #281,019
  • Aug 12, 2010 6:58am Aug 12, 2010 6:58am
Quoting jackdan
sunsi...here http://www.forexlive.com/category/all
Thanks great!
Where does he gets he`s information from..?
  • #281,020
  • Aug 12, 2010 6:58am Aug 12, 2010 6:58am
Quoting T@rantula
Its obvious that someone is buying euros...Im more of a technical guy...MM says 2787 a good place to reverse. That has happened, also on a higher TF (H4 ), EU rebounded of 1/8 octave (reversal point)

I am not surprised but I wasnt sure about the rebound strenght so I closed my long earlier
2/8 corrected
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