EURUSD | Page 14215 | 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

  • #284,281
  • Aug 20, 2010 9:49am Aug 20, 2010 9:49am
Quoting neo1599
Are you trading based on Fundamentals or technical or a mix of both?

Even if its a mix, we are going to close for the week. Take a look at the charts, if you dont see why a LONG position does not fly at the moment, please let me know the reasons.

I am a bit biased to the SHORT side cuz of positions held. Would really appreciate a clean cut LONG analysis.
Please note that the trade that I am in from .2688 at aprox 10:10AM this morning - is a short time frame trade to the long side....I watched the bottoming formation on small time frame charts - and was looking for a retrace only to .2700 which it is almost touching here now....there is a good candle forming on the 60min chart which confirms my shorter time frame chart patterns. Hope that helps.
I don't trust any move - when you have profit...take it.
  • #284,282
  • Aug 20, 2010 9:49am Aug 20, 2010 9:49am
i have still 2663 on my charts.. at that point i will think about long..for short term only.. so wait n see
  • #284,283
  • Aug 20, 2010 9:51am Aug 20, 2010 9:51am
Quoting fosking
Had my eye on this for a while now. Completion and follow through should take us down to a target of 1.2150. There's also a lovely touch of the rising trend-line and support there.

EUR/USD H4
Attachment
We managed to break through both the rising trend-line and break the neck of my little man. Let's just hope we get the full follow through to a first target of 1.2500/1.2460. Then onto the 1.2150.

EUR/USD H4
Attached Image (click to enlarge)
Click to Enlarge Name: uuu.jpg Size: 87 KB
  • #284,284
  • Aug 20, 2010 9:52am Aug 20, 2010 9:52am
As now looking at 30min tf this is failed breakout, ASI shows it clearly with DIV.

Need to be careful though, it can change later though so good idea to grab some pips here for longs.
They think they are smarter than I am.
  • #284,285
  • Aug 20, 2010 9:53am Aug 20, 2010 9:53am
  • #284,286
  • Aug 20, 2010 9:54am Aug 20, 2010 9:54am
Quoting Faller
Please note that the trade that I am in from .2688 at aprox 10:10AM this morning - is a short time frame trade to the long side....I watched the bottoming formation on small time frame charts - and was looking for a retrace only to .2700 which it is almost touching here now....there is a good candle forming on the 60min chart which confirms my shorter time frame chart patterns. Hope that helps.
I think back to 1.65 ->
  • #284,287
  • Aug 20, 2010 9:55am Aug 20, 2010 9:55am
As long as we remember on the 160 pip move down people were buyers.
now they own eur worth around 2650. that we sold them (hopefully) lol.
making green pips large and red pips small this is my goal.
  • #284,288
  • Aug 20, 2010 10:00am Aug 20, 2010 10:00am
as someone once told me i should work in a whorehouse to pick bottoms and tops.

finally i am getting rid of that disease. still look for an inversion but it has to be well confirmed and by the time that happens one could say that it is already a new trend the opposite (i am talking 15m charts, not longer term trends).

so i do understand why people try to do that: getting the very start of a huge move and ridding it all! long term, my experience, people loose money like that...

please bear in mind that i respect opposite views of mine, as i am still often wrong.

green pips guys

Quoting SunTrader
Yeah some of us trade with the trend and some of us think they can outsmart the rest and counter-trend trade. Very, very few can do that - for very long.
dreams do come true.
  • #284,289
  • Aug 20, 2010 10:01am Aug 20, 2010 10:01am
whatever the people do we no need think about.. everyone have their own way to trade.. according to me people must never forget about the money management rule.. if they do so then chances to win this market will be bright
  • #284,290
  • Aug 20, 2010 10:01am Aug 20, 2010 10:01am
EURUSD at support. Now buying low risk trade, with recent low as SL.
  • #284,291
  • Aug 20, 2010 10:02am Aug 20, 2010 10:02am
Closed Half & Holding for awhile now from here....Target way below 1.22** Time will tell .. Will be looking to add some more shorts if this week candle closes low.
Attached Image (click to enlarge)
Click to Enlarge Name: 500pips.gif Size: 32 KB
  • #284,292
  • Aug 20, 2010 10:03am Aug 20, 2010 10:03am
For those who like to watch CNBC, just received this link in my e-mail box.

http://www.cnbc.com/id/15840232/?vid...8810462&play=1
  • #284,293
  • Aug 20, 2010 10:03am Aug 20, 2010 10:03am
Quoting Shah22
whatever the people do we no need think about.. everyone have their own way to trade.. according to me people must never forget about the money management rule.. if they do so then chances to win this market will be bright

Well said.....
I don't trust any move - when you have profit...take it.
  • #284,294
  • Aug 20, 2010 10:06am Aug 20, 2010 10:06am
Real move of the day coming right up(this hour). Lets see if 2645 can hold.
  • #284,295
  • Aug 20, 2010 10:08am Aug 20, 2010 10:08am
Quoting Spiritwalker
Yip - I'm long now from 1.2699... As to where, well, that remains to be seen...

Do you have SL and TL in your trade?
  • #284,296
  • Aug 20, 2010 10:11am Aug 20, 2010 10:11am
Quoting hytham
Do you have SL and TL in your trade?
Out already, small loss...
Itchy Spirit Return This Year: na
  • #284,297
  • Aug 20, 2010 10:16am Aug 20, 2010 10:16am
Quoting Z3iz3i
As now looking at 30min tf this is failed breakout, ASI shows it clearly with DIV.

Need to be careful though, it can change later though so good idea to grab some pips here for longs.
GU dropped and is trying to take EU down with help of stocks.
Will see, things change

This 30min close is crucial but it seems to brake now downside.
They think they are smarter than I am.
  • #284,298
  • Aug 20, 2010 10:31am Aug 20, 2010 10:31am
2663 comes in .. and my buy limit hit on 2666..stop loss 2642..and tp at 2710..
  • #284,299
  • Aug 20, 2010 10:31am Aug 20, 2010 10:31am
Quoting Shah22
i have still 2663 on my charts.. at that point i will think about long..for short term only.. so wait n see

Wow! You nailed that one on the head.......2663 and a huge reaction. Nice call....
I don't trust any move - when you have profit...take it.
  • #284,300
  • Aug 20, 2010 10:32am Aug 20, 2010 10:32am
I see a few people asking were markets going.
If your told its going down, at least open 5 minute chart identify the closest support and if the person was correct wait for price to break below or stay out till it does. This alone has saved me so many times.
making green pips large and red pips small this is my goal.
379 traders viewing now