EURUSD | Page 14440 | 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

  • #288,781
  • Sep 3, 2010 1:55pm Sep 3, 2010 1:55pm
well old habits die hard. I'm here for the 3 o'clock fade. Or 3:30 if you please. But have the faders all faded away into the long weekend?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #288,782
  • Sep 3, 2010 1:55pm Sep 3, 2010 1:55pm
Quoting HiCS
see pic; sell
did
  • #288,783
  • Sep 3, 2010 1:58pm Sep 3, 2010 1:58pm
Quoting T@rantula
Bullish consolidation in progress....We may see another consolidating movements on Monday...

Monday trading is usual, no big movements, good for spotting market bias and setting up positions.

I got also a hidden bull on Momentum H4....Very very nice
Attachment

Its a complex head and shoulders pattern, I'm still short and added more up here. The predictable rally this week to sucker in as many as possible. This looks like the HOD.
Down from here all next week
rat
  • #288,784
  • Sep 3, 2010 1:59pm Sep 3, 2010 1:59pm
Quoting The Fool
well old habits die hard. I'm here for the 3 o'clock fade. Or 3:30 if you please. But have the faders all faded away into the long weekend?
What is that? Care to explain?
  • #288,785
  • Sep 3, 2010 2:02pm Sep 3, 2010 2:02pm
Short term would look for a retrace to 1.2837. That is a good level having in mind that correction needs to take place to at least NFP pre-realease price. Not trading thi one since I am visually and forward testing a higher time frame strategy for after news.
Now days I actully make my pips within the 15 minutes of the release having in mind momentum and news outcomes.
  • #288,786
  • Sep 3, 2010 2:11pm Sep 3, 2010 2:11pm
I would love a retrace back to 1.2837... which would allow me to get out of my short I took at 1.2855... With the 3 day weekend approaching, I hope profit taking will begin before the close, which should bring this thing down a bit.

Quoting ARC-ZuluTrad
Short term would look for a retrace to 1.2837. That is a good level having in mind that correction needs to take place to at least NFP pre-realease price. Not trading thi one since I am visually and forward testing a higher time frame strategy for after news.
Now days I actully make my pips within the 15 minutes of the release having in mind momentum and news outcomes.
  • #288,787
  • Sep 3, 2010 2:18pm Sep 3, 2010 2:18pm
Quoting c2v4l
What is that? Care to explain?
on an up day in the market often we see a sell-off (fade) at the end of the day (at NY 3 - 3:30)
"If The Fool persists in his Folly he will become wise." - William Blake
  • #288,788
  • Sep 3, 2010 2:18pm Sep 3, 2010 2:18pm
EURUSD HOURLY:


http://forexportugal.wordpress.com/2...-tm-1h-20h00m/


.
{Promotion Removed}
  • #288,789
  • Sep 3, 2010 2:19pm Sep 3, 2010 2:19pm
Quoting rattyo
Its a complex head and shoulders pattern, I'm still short and added more up here. The predictable rally this week to sucker in as many as possible. This looks like the HOD.
Down from here all next week
H&S on the daily?
Look Sharp/Trade Tight
  • #288,790
  • Sep 3, 2010 2:26pm Sep 3, 2010 2:26pm
Quoting PayTheLimit
H&S on the daily?
I hope it holds but we are within 10 pips of breaking the pattern.
  • #288,791
  • Sep 3, 2010 3:10pm Sep 3, 2010 3:10pm
DX in critical point watch out carefully
Don't let the market fooling U
  • #288,792
  • Sep 3, 2010 3:42pm Sep 3, 2010 3:42pm
i cant short this, i closed my longer term (4) trades 350/400 pips each. i lost about 150 pips of this weeks cost averaged euro trade.. we may retrace around 2900 lots of resistance from 2881 to 2903.. so i may long at 2858/17 ish pullback.. depending on today's close. still got a eg trade long. hopfully long term for 1000 pips. if the euro really does gain strength. but its got a bearish wedge forming on eg as does the eu on 4h charts.. the euro appears to be closing out the week on top while the chf is 100 pips off the bottom. strange..

have a good one.. im out..
Attached Image (click to enlarge)
Click to Enlarge Name: quote 2.PNG Size: 25 KB
those who can, do. those who cant, talk about those who can
  • #288,793
  • Sep 3, 2010 3:46pm Sep 3, 2010 3:46pm
forgot to mention as was busy trading another instrument. i had closed my short about hour before market close - 28 pips.
  • #288,794
  • Sep 3, 2010 4:16pm Sep 3, 2010 4:16pm
Market closed at 1.2895. Now what?

Next week EU will break the resistance at 1.2900 first or will go down?
In forex, one currency is always up!
  • #288,795
  • Sep 3, 2010 4:31pm Sep 3, 2010 4:31pm
I dono, its been a bad few weeks for me...
  • #288,796
  • Sep 3, 2010 5:15pm Sep 3, 2010 5:15pm
1st chart is the daily. It shows the wave count I have for Eliott wave. We put in the low of wave B around the 1.26. I believe we have just completed the 1st wave of the large C wave up. I posted earlier, post 288077, on page 19206, where wave 5 would be completed. Basically it said that wave 5 would be finished at approx 1.29 for several reasons: the 200 SMA on the 4 hr and previous resistance in mid Aug, both of these can be seen on the 2nd chart which is the 4 hr. The 3rd reason wave 5 would be completed at the 1.29 level is noted on the 3rd chart, the hourly. Wave 1 is usually equal to wave 5. As you can see wave 1 and wave 5 are within a couple of pips of each other. Wave 5 typically will go 3 to 4 fib levels beyond where the 4th wave pulled back to. In this case the 4th wave pulled back to the 61.8% retracement. Counting 3 fib levels on is the 121% fib of the 3rd wave, but I don't think it will go that far. I guess we'll see on Mon. Also somthing to note on the hourly chart is the rule of alteration which states that the 2nd and 4th waves will differ. In this case the second was short in time length, but fairly deep. The 4hr was longer in duration, but not as deep. I expect a pull back from here and a reload for a large wave C. Again wave A and C should be fairly equal
But who knows, the market is a tricky thing and 1 candle stick could change my analysis. If anyone give a ....., I'll post my predication later on where price action will take us. For now I've got to make dinner for the kids
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 090310-part1.gif Size: 51 KB
Click to Enlarge Name: 090310-part2.gif Size: 46 KB
Click to Enlarge Name: 090310-part3.gif Size: 49 KB
  • #288,797
  • Sep 4, 2010 2:30am Sep 4, 2010 2:30am
Morning all,

oh so quiet here, I just can't wait for workdays!
  • #288,798
  • Sep 4, 2010 9:03am Sep 4, 2010 9:03am
aiming to break my best personal record..
this monday will be my last day trade before i take a little rest for 2 week..
but this monday i aiming to break my personal record..
will targeting from capital 200usd go 4000usd in 24hour
i know i can achieve it..just pray for there market to move..
dont care goes up or down..but praying EU,GU,AUD,UCAD,NUD,UJ and UCAF to move with high volume...
Revesal Trader
  • #288,799
  • Sep 4, 2010 9:24am Sep 4, 2010 9:24am
Quoting Hapitrader
I dono, its been a bad few weeks for me...
I hope for you too recover your losts soon .
A little beginner trader since 2006
  • #288,800
  • Sep 4, 2010 10:26am Sep 4, 2010 10:26am
Quoting mygoldenpips
aiming to break my best personal record..
this monday will be my last day trade before i take a little rest for 2 week..
but this monday i aiming to break my personal record..
will targeting from capital 200usd go 4000usd in 24hour
i know i can achieve it..just pray for there market to move..
dont care goes up or down..but praying EU,GU,AUD,UCAD,NUD,UJ and UCAF to move with high volume...
Good luck bank holiday
401 traders viewing now, 2 are registered:
loricca
,
macd12