EURUSD | Page 15826 | 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

  • #316,501
  • Edited 2:59am Oct 31, 2010 2:31am | Edited 2:59am
Quoting Srikanth
At the most it tests 1.4000 level and should come down. we'll see 1.35/36 level
very soon.

Anything above previous top (1.4150) is extreme bullish.
may be , rechecking as sitting idle now .No new just refining my old messy brain chart. Nothing there but only bull as eu in it now , bull should get 100% mark untill & unless bear win anytime soon.let the ranging be over before we talk about bear or bull .
cretical levels of utmost interest 1.4008-38 ( need take care intermediate sr 3981 daily ) and 1.3771-49.
All the same as previous perhaps ,so some artworks. Have fun & good pips this week,no over stimate & loss , specially trading scalping.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 18 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #316,502
  • Oct 31, 2010 2:31am Oct 31, 2010 2:31am
Quoting Srikanth
....Anything above previous top (1.4150) is extreme bullish.
Hello, why Srikanth?
  • #316,503
  • Oct 31, 2010 2:41am Oct 31, 2010 2:41am
Quoting puma1
Hello, why Srikanth?
because anything below 1.1800 is extremely bearish.
The Thief of Wall Street
  • #316,504
  • Oct 31, 2010 2:47am Oct 31, 2010 2:47am
Quoting Srikanth
.......fridays are always like that ....
IMFO Friday trades are not between bulls and bears but between short and longer term traders.
The Thief of Wall Street
  • #316,505
  • Oct 31, 2010 2:57am Oct 31, 2010 2:57am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
If the professional traders (Smart Money) are interested in this thing going up, how come the previous up move wasnt with much volume and more importantly if its intended for a continuation of the move up, they didnt spend a great deal of time accumulating the supply as to not encounter resistance. Also if you look at the two previous tops they seemed more interested in selling to the buyers.

If we do move up from here im going to look for SM to test demand and then look for a nice ride south.
Attached Image (click to enlarge)
Click to Enlarge Name: 10-31-2010 3-42-01 AM.png Size: 64 KB
  • #316,506
  • Oct 31, 2010 3:09am Oct 31, 2010 3:09am
Quoting jaboo
..........and then look for a nice ride south.
or probably north.

It is Trade Fasting time. Not trading for a couple of days or even a whole week makes no difference to some.

I will remain on sidelines until it decides either to continue the trend or reverse. Most money I lose is on a trend reversal, no matter trades are in the direction of trend or against.
The Thief of Wall Street
  • #316,507
  • Oct 31, 2010 3:17am Oct 31, 2010 3:17am
http://www.bloomberg.com/news/2010-1...ices-slip.html
I SEE YOU !!
  • #316,508
  • Oct 31, 2010 4:18am Oct 31, 2010 4:18am
Quoting jaboo
If the professional traders (Smart Money) are interested in this thing going up, how come the previous up move wasnt with much volume and more importantly if its intended for a continuation of the move up, they didnt spend a great deal of time accumulating the supply as to not encounter resistance. Also if you look at the two previous tops they seemed more interested in selling to the buyers.

If we do move up from here im going to look for SM to test demand and then look for a nice ride south.
Hey Jaboo,

very good analysis. Important observations that the EURO bulls do not like to see Hehehe :-)

Keep up the good work,

Markus
  • #316,509
  • Oct 31, 2010 4:19am Oct 31, 2010 4:19am
Quoting Hk1
I would like to share with you guys some of my several years' experience in Forex. However, as a junior member i can't start a new thread. Therefore, i will post some replies in open threads till i get a full membership.

Since you are talking here about EURUSD, my study shows a strong selling opportunity at the current price (1.3950) targeting 1.3315 and stop loss to be placed at 1.4165.

Risk/Reward ratio: 1:3
Winning probality: 75% according...
Based on what strategy?
  • #316,510
  • Oct 31, 2010 4:19am Oct 31, 2010 4:19am
Quoting Chicky
IMFO Friday trades are not between bulls and bears but between short and longer term traders.
IMFO Fridays are a piece of shit.
  • #316,511
  • Oct 31, 2010 4:21am Oct 31, 2010 4:21am
Quoting Chicky
or probably north.

It is Trade Fasting time. Not trading for a couple of days or even a whole week makes no difference to some.

I will remain on sidelines until it decides either to continue the trend or reverse. Most money I lose is on a trend reversal, no matter trades are in the direction of trend or against.
Hi Chicky,

I think the same. Next week trading will be dangerous. I think Euro will sooner or later head down, but it is very possible, that we see a last exhaustive spike (or not).

Have a nice Sunday,

Markus
  • #316,512
  • Oct 31, 2010 4:32am Oct 31, 2010 4:32am
Quoting enterfx
completely agree. Will have pending sells at 4010 and 15. Very clear elliot wave patterns going on now, also indicating a top is in place.
I do not think the Elliott Wave patern is very clear here. Maybe for the abc-pattern up which we see right now. But after that? Triangle leg E down, with a new high after that? Or we are in a huge Leading diagonal with huge bearish potential - than next run down could reach area of 1.355 - 1.367.
  • #316,513
  • Oct 31, 2010 5:31am Oct 31, 2010 5:31am
Quoting infinitus
Hey Jaboo,

very good analysis. Important observations that the EURO bulls do not like to see Hehehe :-)

Keep up the good work,

Markus
According to Jack Schwager in "Getting Started in Technical Analysis", a consolidation phase can be considered a retracement. What I believe we are seeing now is a large trading range compared to the last steep steady trend. Besides, if there is a lot of quantitative easing (no one knows for sure), the euro will be heading up. It's all about supply and demand bitch.

Hehe, I don't care anymore about swear words because they won't let me change my nick here so whateva...
  • #316,514
  • Oct 31, 2010 5:52am Oct 31, 2010 5:52am
Quoting Hk1
I would like to share with you guys some of my several years' experience in Forex. However, as a junior member i can't start a new thread. Therefore, i will post some replies in open threads till i get a full membership.

Since you are talking here about EURUSD, my study shows a strong selling opportunity at the current price (1.3950) targeting 1.3315 and stop loss to be placed at 1.4165.

Risk/Reward ratio: 1:3
Winning probality: 75% according...
Hey, Man.

Do you think GBP/USD will follow EUR if the case comes true.

Thanks.
  • #316,515
  • Oct 31, 2010 5:54am Oct 31, 2010 5:54am
Quoting clambill
According to Jack Schwager in "Getting Started in Technical Analysis", a consolidation phase can be considered a retracement.
I usually draw a traingle then which can be clearly seen.Triangle represents a consolidation and congestion area. That happens when the price action is moving sideways thus taking a shape of a triangle. And its a congestion area. PA needs to take a breather before making a momentum.
  • #316,516
  • Oct 31, 2010 6:14am Oct 31, 2010 6:14am
Quoting clambill
It's all about supply and demand bitch.
I am in no way agreeing to insults and supporting them further but damn....

HAHAHAHAHAHAHAHAHAHAA .... what a funny line hahahahahaha
  • #316,517
  • Edited 7:09am Oct 31, 2010 6:19am | Edited 7:09am
Greenlime line - my forecast if the Fed Funds rate still be at 0.25%

http://i697.photobucket.com/albums/v...yxinh88/eu.jpg
  • #316,518
  • Oct 31, 2010 6:57am Oct 31, 2010 6:57am
I am gonna buy eur next week coz I think the symmetric triangle is just a correction to the previous trend and after the break up of the upper line of the triangle, the price will contiune the previous trend. I will set the target around 1.44 - 1.45 and stop at 1.37. After all, betting on a continued trend is easier than betting on a reversal.
  • #316,519
  • Edited 10:25am Oct 31, 2010 7:53am | Edited 10:25am
Quoting clambill
According to Jack Schwager in "Getting Started in Technical Analysis", a consolidation phase can be considered a retracement. What I believe we are seeing now is a large trading range compared to the last steep steady trend. Besides, if there is a lot of quantitative easing (no one knows for sure), the euro will be heading up. It's all about supply and demand bitch.

Hehe, I don't care anymore about swear words because they won't let me change my nick here so whateva...
I'd say two things, firstly JS is first and foremost a very good writer, consolidation can mean re-accumulation (continuation) or distribution (reversal). Secondly large professional operators will highly likely already know the numbers.

Another point, a great deal of this rally has been based on QE2 getting priced in. The Euro is now well overvalued against the dollar, given the current economic back drop in EZ. In my honest opinion...

Just playing devil's advocate
  • #316,520
  • Oct 31, 2010 7:57am Oct 31, 2010 7:57am
dont forget strong 150 pip rally into the close of friday. thats a bull sign
183 traders viewing now