EURUSD | Page 16035 | 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

  • #320,681
  • Nov 7, 2010 7:58pm Nov 7, 2010 7:58pm
Quoting kuroro001
First good post of the day...
I was thinking the same...not a chart to explain why long or short (myself included)...it looks like some random number.
If you ever hear of a good EU thread...drop me a call
I kuroro I posted my view of the e/u long term a few posts or weeks ago, my scalpings for sardines are based on the One minute chart the 3M and the 6M, I bought long at 3999 and now added at 3980 but is just scalps how I'm going to post a chart with every scalp that i take, sorry........
The Chonchy
  • #320,682
  • Nov 7, 2010 7:59pm Nov 7, 2010 7:59pm
EURUSD 4 hour

The values on the right

 

  1. less than 30 is buy zone
  2. greater than 70 is sell zone

weekly is in strong sell zone, but compared to previous week it has gone up, so the trend is still bullish

daily is same as friday, so it shows consolidation

4 hour and 1 hour caution the bears to follow with tighter stops

overall bearish with a tinge of consolidation.

looks like this is gonna be a ranging week


http://img258.imageshack.us/img258/2959/get.gif

  • #320,683
  • Nov 7, 2010 8:00pm Nov 7, 2010 8:00pm
I would be careful going short here, possible bigger bounce at the least.
at these levels and below

Attached Image (click to enlarge)
Click to Enlarge Name: eunov7-h4.gif Size: 34 KB
  • #320,684
  • Nov 7, 2010 8:00pm Nov 7, 2010 8:00pm
Quoting geosanuy
kinda like to stay short till Frankie, +30 , SL at BE...what the heck...it's free
.......I just add to my long scalp.......20 pip stop from now on if not stop at 3960 will ad there if stop will enter long there..............
The Chonchy
  • #320,685
  • Nov 7, 2010 8:02pm Nov 7, 2010 8:02pm
If Elliot waves really works, this was wave five on 15min chart
  • #320,686
  • Nov 7, 2010 8:11pm Nov 7, 2010 8:11pm
Quoting forexpt
If Elliot waves really works, this was wave five on 15min chart
You would be correct. It should be an A wave up now. I am long and have my TP set at 1.42233.
  • #320,687
  • Nov 7, 2010 8:14pm Nov 7, 2010 8:14pm
Quoting geosanuy
kinda like to stay short till Frankie, +30 , SL at BE...what the heck...it's free
secure your profits geosanuy, it just hit S1 and it may bounce up, anyways is allways another trade but if it bounce oof quick you lose your profits....maybe it keep going so you can always enter again, but I think is going to range here or baunce here.....gator should know bether.....gator.......
The Chonchy
  • #320,688
  • Nov 7, 2010 8:16pm Nov 7, 2010 8:16pm
Quoting PipChick
yeah..I couldnt write it fast enuf but I was going to tell ya the EU was headed for at least 3966 and possibly 3925. Hope you didnt lose your 4 pips ya made earlier.
4 pip's....LMFAO. good one.
  • #320,689
  • Nov 7, 2010 8:16pm Nov 7, 2010 8:16pm
Quoting forexpt
If Elliot waves really works, this was wave five on 15min chart

Yes. Expecting one lower low tough. Buy limit set at 3950
  • #320,690
  • Nov 7, 2010 8:19pm Nov 7, 2010 8:19pm
nice trigger below. 4015.. but is but a baby... we got others just below 3965 atm and 3915.. floating on a descending scale.. with more just below at 3915... these baby s/r people are posting are childs play on a weekly
those who can, do. those who cant, talk about those who can
  • #320,691
  • Nov 7, 2010 8:20pm Nov 7, 2010 8:20pm
Quoting chonchy
.......I just add to my long scalp.......20 pip stop from now on if not stop at 3960 will ad there if stop will enter long there..............
It did bounce off 3960, but very slightly, I feel if it breaks down 3960 it has up to 80 pips to give before Euro start...only thenwould I look at longs...good luck
  • #320,692
  • Nov 7, 2010 8:21pm Nov 7, 2010 8:21pm
stoped out at 3960.....on the side line to analise.....it looks like a strong short just like you said geo.......
The Chonchy
  • #320,693
  • Nov 7, 2010 8:21pm Nov 7, 2010 8:21pm
Quoting geosanuy
It did bounce off 3960, but very slightly, I feel if it breaks down 3960 it has up to 80 pips to give before Euro start...only thenwould I look at longs...good luck
The Chonchy
  • #320,694
  • Nov 7, 2010 8:22pm Nov 7, 2010 8:22pm
Quoting PipChick
yeah..I couldnt write it fast enuf but I was going to tell ya the EU was headed for at least 3966 and possibly 3925. Hope you didnt lose your 4 pips ya made earlier.
Well 3925 has been met. Time for bed for me Happy pippin everyone
  • #320,695
  • Nov 7, 2010 8:24pm Nov 7, 2010 8:24pm
3888 next stop
  • #320,696
  • Nov 7, 2010 8:25pm Nov 7, 2010 8:25pm
whoa! up 95...SL to +45...this might turn into a position....
  • #320,697
  • Nov 7, 2010 8:25pm Nov 7, 2010 8:25pm
I'm going long at 3918 S2........
The Chonchy
  • #320,698
  • Nov 7, 2010 8:26pm Nov 7, 2010 8:26pm
Damn...i short at 1,4070...tp 1,4000 and look now...i could have made a killing if i had bigger balls

Next downside target is 1,3880-90 if it clears 1,3920

Cya for London anyway
COT: The precious data ignored
  • #320,699
  • Nov 7, 2010 8:27pm Nov 7, 2010 8:27pm
Well I was taken out pretty quick there. Good thing a tight SL was set...
  • #320,700
  • Nov 7, 2010 8:27pm Nov 7, 2010 8:27pm
Weeeee, nice move market, thanks for the opportunity

Reloading longs @ 1,3924, will keep reloading down to 1,3890.

Downside risk below the monthly low 1,3864.

Target 1: 1,4196
Target 2: A new high

Time for the sitting now...


P.S: Watch the 200sma Weekly at 1,3942.
Getting it right is NOT as important as not getting it wrong.
569 traders viewing now