EURUSD | Page 16892 | 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

  • #337,821
  • Dec 2, 2010 9:56am Dec 2, 2010 9:56am
Look to me the exactly the same scenario as yesterday which have run up of 100pips piercing through the resistance level and fall back. maybe stop triggered at resistance level.

So I repeatedly delay my exit and later on when the price not that good, become even not so willing to exit.

Lesson learn.
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #337,822
  • Dec 2, 2010 9:56am Dec 2, 2010 9:56am
If hourlies for inverted hammer, and next hourly candle closes in red, IMO we won't see 1.33 anymore.
  • #337,823
  • Dec 2, 2010 9:56am Dec 2, 2010 9:56am
Quoting T@rantula
Aw yea..sell the resistance..the basic rule of PA yes. 3178 exactly on my charts..

Guys....look at H4...this really could mean a correction before 27-25 levels...
Dojis and Shooting Stars??? (one about to form on the 1H) :-)
Good heads up! Thanks
A pip is only worth it if you know how much you risked to earn it
  • #337,824
  • Dec 2, 2010 9:57am Dec 2, 2010 9:57am
Quoting Z3iz3i
Bah....range then.
let's wait and see...
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 16 KB
  • #337,825
  • Dec 2, 2010 9:58am Dec 2, 2010 9:58am
Hi
Just back home,I have read some of the posts i missed but Sorry Can't continue ,Why?
Because Most of posts make any one lose concentration and there is a mess no clear view high stress for many posts while it's clear all u need Plan ,MM and entry point!!
It's Mental game so u have to b calm.
GL and sorry if some here didn't like what i say.
  • #337,826
  • Dec 2, 2010 9:59am Dec 2, 2010 9:59am
Quoting darimik
yeah, I have them on a separate chart as a I use them for secondary references. I dont usually place trades solely on them. However, today they have been very valuable.
Can I request a favour? Would be great if you could post a chart on the 1D and the 1H timeframes?

Many thanks!
A pip is only worth it if you know how much you risked to earn it
  • #337,827
  • Dec 2, 2010 9:59am Dec 2, 2010 9:59am
Quoting gatorinla
if we break today's low and not todays high we will test 2958
Post a chart with your thoughts.

2958? thats a new low. Bet yeah a pip that we stay above 3090.
  • #337,828
  • Dec 2, 2010 10:02am Dec 2, 2010 10:02am
Quoting vlady1974
Dojis and Shooting Stars??? (one about to form on the 1H) :-)
Good heads up! Thanks
Well..

Looking at the charts we lack a momentum UP. 3300 should have capped the rally and we should have gone down from there. Yet 3215 was a hard to break, that shows that bears have the upper hand. Long wicks are a sign of weakness.

When we are in a downtrend we draw Fibs from the top of the last swing high to the bottom of the last swing low. The most important fibs are 38.2, 50, 61.8.

That shows us retracement levels. Its one of the key confluence points looking for a clear swing based trade if u follow the trend.
  • #337,829
  • Dec 2, 2010 10:04am Dec 2, 2010 10:04am
Quoting vlady1974
Can I request a favour? Would be great if you could post a chart on the 1D and the 1H timeframes?

Many thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: eu_4_you.jpg Size: 87 KB


from a Daily, We may be seeing a Temp Retrace (higher) before some nasty news forcing EU lower. For the time being and with NFP just around the corner, I would see Bulls and Bear Traps ready to stop most traders out.
  • #337,830
  • Dec 2, 2010 10:06am Dec 2, 2010 10:06am
Quoting vlady1974
I miss my Murrey Math lines.... have it home on my laptop... not here at work. Oh well, it may be better as Cloggies approach is at least teaching me to read the price better.
I have my chart with mm on .
H1 chart shows price most time ranging between 4/8 to 8/8 mm instead with trading ranges , that is strong bullish still.It bypassed the indecision phase previously without testing lowest trading range typically & continued showed strong nature .
lets see it can overshhot with this same strength, h4tf supporting up as bouncing typically from lower trading ranges towards top trading ranges but there indecision mode or to fall to the trading ranges it avoided before , if so , failure of the great bull should start.

do or die now . & everybody has the right to fight back. lets see .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #337,831
  • Dec 2, 2010 10:07am Dec 2, 2010 10:07am
Haven't seen all buy signals in a while.
Still, it is going down
Attached Image (click to enlarge)
Click to Enlarge Name: buy_sll.jpg Size: 339 KB
  • #337,832
  • Dec 2, 2010 10:08am Dec 2, 2010 10:08am
Quoting vlady1974
Since this morning!

You got it, levels keep repeating themselves, I have used the same chart for my trading all week and haven't really adjusted it much.
  • #337,833
  • Dec 2, 2010 10:09am Dec 2, 2010 10:09am
Quoting vlady1974
I miss my Murrey Math lines.... have it home on my laptop... not here at work. Oh well, it may be better as Cloggies approach is at least teaching me to read the price better.

That's it; time to become a proper trader, with no crutches.
  • #337,834
  • Dec 2, 2010 10:11am Dec 2, 2010 10:11am
Quoting fontu
I have my chart with mm on .
H1 chart shows price most time ranging between 4/8 to 8/8 mm instead with trading ranges , that is strong bullish still.It bypassed the indecision phase previously without testing lowest trading range typically & continued showed strong nature .
lets see it can overshhot with this same strength or to fall to the trading ranges it avoided before , if so , failure of the great bull should start.

do or die now . & everybody has the right to fight back. lets see .
fontu
Just a quick question, the line is automatically plot by your murrey math indicator?
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #337,835
  • Dec 2, 2010 10:11am Dec 2, 2010 10:11am
hanging man on 4H and shouting star 1H
  • #337,836
  • Dec 2, 2010 10:13am Dec 2, 2010 10:13am
Quoting prezd
Haven't seen all buy signals in a while.
Still, it is going down
WOW. Yeah I had some nasty SHort Orders on EU as well. But after the ECB, I dumped the orders on the nice selloff. We're getting bounces off support that seams to be pretty solid and a reversed heah shoulders, looking bullish too.
  • #337,837
  • Dec 2, 2010 10:14am Dec 2, 2010 10:14am
Quoting cloggie
3150 as I stated in my earlier post needs to go for shorts to have a go.

Still valid, careful with longer term trades here.
  • #337,838
  • Dec 2, 2010 10:15am Dec 2, 2010 10:15am
Quoting aiyoyo
Just a quick question, the line is automatically plot by your murrey math indicator?
yes , it do all automatic with default parameters I use .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #337,839
  • Dec 2, 2010 10:16am Dec 2, 2010 10:16am
Quoting fontu
I have my chart with mm on .
H1 chart shows price most time ranging between 4/8 to 8/8 mm instead with trading ranges , that is strong bullish still.It bypassed the indecision phase previously without testing lowest trading range typically & continued showed strong nature .
lets see it can overshhot with this same strength or to fall to the trading ranges it avoided before , if so , failure of the great bull should start.

do or die now . & everybody has the right to fight back. lets see .
fontu
Hmmm.... I really miss these lines. I put up with an IGINDEX feed and it's difficult for me. I see your lines now and it ALL TIES UP with the lessons from Cloggie and even some of the Fib traders like PipChic and Tarantula.

For example, 3150 (or 3153) is a yellow 7/8 line which is an extraordinarily fast move line. Failure at this level is a sharp fall. I know this cos I was trained by the man himself (ie. TH Murrey) and I used these in stocks. FX is a slightly different kettle of fish and still needs an approach like Cloggies - but these lines are great at setting levels.

Anyways... thanks for posting these. I will have to email myself some screenshots from home on a daily basis. :-)
A pip is only worth it if you know how much you risked to earn it
  • #337,840
  • Dec 2, 2010 10:17am Dec 2, 2010 10:17am
Quoting BoredToLoose
The ride is done! Markets will now start to send Euro lower again.
Are you scary?

Will Portugal need a bailout?

will Iberia won the World Cup?

What a intense day for me!!

http://lusitanaehabilitas.blogspot.c...is-crisis.html

they will .. so why did we end up with a massive shake out right at bottom of yesterdays 120 pip bar on 60 min ?

take a look at charts before you make claims like this.

Current poc and vwap 3150 and we have a reversal / shake out on 60 min
Blogging daily now at www.volume.zone
378 traders viewing now, 2 are registered:
macd12
,
F.g