EURUSD | Page 15042 | 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

  • #300,821
  • Oct 5, 2010 4:48am Oct 5, 2010 4:48am
First major move has been done ... a second one might follow during NY session ... pullbacks could be seen before NYSE open ...

http://cdn.forexfactory.com/images/attach/gif.gif

2010-10-05 _ zigzagtracktracer (11h38 CET) EUR-USD 005min _ 000.GIF (29.7 KB)

As long as above 1.3756 ... which could be seen as a minor pullback ... there might be further potential for upside attempts ...

Our calculations show a neutralization zone from 1.3750 - 1.3716/ 08 ...

Only a cross of below that would re-open the downside again ...

;-)
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-10-05 _ zigzagtracktracer (11h38 CET) EUR-USD 005min _ 000.GIF Size: 30 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #300,822
  • Oct 5, 2010 4:49am Oct 5, 2010 4:49am
European stocks and gold will try new high soon, breaking upside. EU will follow.

Well, "soon" time is always hard to estimate, it might happen during US ISM news release as well.

Sunny and brisk day here, going outside to jog some and get some fresh air
They think they are smarter than I am.
  • #300,823
  • Oct 5, 2010 4:51am Oct 5, 2010 4:51am
smells like it PA pretty strong, but still waiting
Look Sharp/Trade Tight
  • #300,824
  • Oct 5, 2010 4:52am Oct 5, 2010 4:52am
Closed short.

On 1 h chart I can easily count an impulse from 3637

We could now be in a Wave 5 of this upmove. Wave 4 concluded at 3762 (that down wave was on nearly all reasonable timeframes rather corrective than impulsive).

In this developing wave 5 we might now ve in a subwave 3.

If we breach 1.3806 my top alternative count is invalidated, and my main count comes back to focus, meaning we will visit 1.39-1.41


Edit: if we can not break 1.3806 I will jump in shorts
  • #300,825
  • Oct 5, 2010 5:02am Oct 5, 2010 5:02am
Looks like an exhausted PA, can't make new highs, short now, targeting 1,3720.
I'll see if it bounces here to go long at this level.
COT: The precious data ignored
  • #300,826
  • Oct 5, 2010 5:12am Oct 5, 2010 5:12am
Would anyone here consider long position with the Euro on Wednesday? I am think the release will be a gloomy session for the German Factory Orders as it outlook seems be seeing a probable rise... Thanks…
  • #300,827
  • Oct 5, 2010 5:22am Oct 5, 2010 5:22am
Quoting tonyo524
My view on the markets today.

Well a few of you will know that I have been harping about the daily bar on the S&P a few days ago being beaish. Well here is my scenario for the current market. Eu has consolidated at the 50% point of the move 3750 to 3800 for most of the U.S session. (See attached charts.) S&P on the otherhand is preparing to make it's move down like previously mentioned. (Attached red and white chart.) I believe EU will follow, but not before testing the 61% Fib of the the move from 1.5 to the 1.18 area. Would be a classic fakeout...
Last night was classic. Get the herd traveling one direction, then Bam shoot it the opposite. Well in adjusting my earlier analysis, I am in doubt that we see my 61% fib from the move down from 1.5. Anything is possible, but being that yesterday's S&P bar broke through the middle bollinger band, it is a signal that the equities are heading DOWN big time. I have a pending sell @ 3800, sl@4000 tp will be a 100 pip trailer, pending buy @ 3850 sl@3800 tp on that 4000. my analysis for today, have a good traing week.
All that is left in FF is just plain garbage. "Cloggie"
  • #300,828
  • Oct 5, 2010 5:35am Oct 5, 2010 5:35am
Quoting d3vour3r
Would anyone here consider long position with the Euro on Wednesday? I am think the release will be a gloomy session for the German Factory Orders as it outlook seems be seeing a probable rise... Thanks…
i think eur/usd is trading far further than any news that can come.
retail sales wasn't good today. but who cares right ?

so use charts..

and no i wouldn't chase such a move. especially near a double top.
build position on dips rather than chasing the move. until there is no trend.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #300,829
  • Oct 5, 2010 5:35am Oct 5, 2010 5:35am
Pure consolidation since the huge up bar, I'm going to lunch...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 20 KB
Look Sharp/Trade Tight
  • #300,830
  • Oct 5, 2010 5:48am Oct 5, 2010 5:48am
Good afternoon all !!!
The best thing that can happen to you is to find out where you're wrong.
  • #300,831
  • Oct 5, 2010 5:49am Oct 5, 2010 5:49am
What are ppls thoughts on the news ?
  • #300,832
  • Oct 5, 2010 5:52am Oct 5, 2010 5:52am
http://www.bbc.co.uk/news/business-11474077

one hell of a trader
  • #300,833
  • Oct 5, 2010 5:56am Oct 5, 2010 5:56am
Quoting Driver55
Good afternoon all !!!
good afternoon Driver
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #300,834
  • Oct 5, 2010 6:00am Oct 5, 2010 6:00am
Quoting Driver55
Good afternoon all !!!
Hello buddy,
So what's your view for today ?

Cheers
COT: The precious data ignored
  • #300,835
  • Oct 5, 2010 6:00am Oct 5, 2010 6:00am
Quoting balut
http://www.bbc.co.uk/news/business-11474077

one hell of a trader
  • #300,836
  • Oct 5, 2010 6:09am Oct 5, 2010 6:09am
What news afected that huge bar up ?
  • #300,837
  • Oct 5, 2010 6:14am Oct 5, 2010 6:14am
Quoting kuroro001
Hello buddy,
So what's your view for today ?

Cheers
it is said soon ...
until the market remains above 3736 .. only long
The best thing that can happen to you is to find out where you're wrong.
  • #300,838
  • Oct 5, 2010 6:22am Oct 5, 2010 6:22am
apart from daily movements , a more comprehensive view of the current situation leads me to say that the USDCHF market is for now clearer than the EURUSD market.

From my point of view, USDCHF need to go down ,
at first instance @ 9400.

From there , may be we will see a relatively important bounce....
but the real target is 9260.

Consequently EURUSD will grow for the next couple of weeks
The best thing that can happen to you is to find out where you're wrong.
  • #300,839
  • Oct 5, 2010 6:23am Oct 5, 2010 6:23am
How do ppl think News will affect?

Good news = Positve for the stocks? Or will it make the chance of QE less likel, and make Stocks go down?
  • #300,840
  • Oct 5, 2010 6:33am Oct 5, 2010 6:33am
this seem to be a bull fag


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 37 KB
260 traders viewing now