EURUSD | Page 17405 | 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

  • #348,081
  • Dec 17, 2010 8:34am Dec 17, 2010 8:34am
off topic---if you are flat on eur and looking for a nice entry

go ahead and buy gbp/jpy @ 129.98 --we have to bounce on that level --

30-40 more pips to go !! 50 plus or even 150 pips bounce is expected
  • #348,082
  • Dec 17, 2010 8:37am Dec 17, 2010 8:37am
Attached Image (click to enlarge)
Click to Enlarge Name: EUR USD.jpg Size: 116 KB
making green pips large and red pips small this is my goal.
  • #348,083
  • Dec 17, 2010 8:37am Dec 17, 2010 8:37am
Quoting willo
Forexpro30

Very interesting reading your posts, regard myself as newbie and found your comments insightful.... nice one
I will be glad to give you insight however I can teach you to fish but you must learn to fish for yourself. You need to invest the time and effort to learn. You really should learn using a demo account. If you cannot make demo profits consistently you have NO CHANCE making real profits. I used to make demo profits every month for over a year and I only started trading real funds when I was ready.

One of the MOST IMPORTANT lessons I learned is Risk Management.

Do Not Overtrade.

Have a Trade Plan.

Understand that the MARKETS are right.

LOOK THE DOW IS DOWN !!! What A Lucky GUESS I made :-)

Take care
  • #348,084
  • Dec 17, 2010 8:39am Dec 17, 2010 8:39am
Quoting Alihuzaifa
week ends with good note
I've never understood why the showing off and chest pounding. Few others do it, and there is frankly no value. BTW, capturing 20 pips of a huge move isn't really something commendable. I hate getting 60 pips of a 120 pip move - it means I did something wrong.
  • #348,085
  • Dec 17, 2010 8:42am Dec 17, 2010 8:42am
Quoting Beljevina
I've never understood why the showing off and chest pounding. Few others do it, and there is frankly no value. BTW, capturing 20 pips of a huge move isn't really something commendable. I hate getting 60 pips of a 120 pip move - it means I did something wrong.
Its really bad luck and bad karma to tell ANYONE how many pips you make. lol
I am a huge believer in karma.
  • #348,086
  • Dec 17, 2010 8:43am Dec 17, 2010 8:43am
EURUSD, Weekly, 2010 December 17
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, Weekly, 2010 December 17.jpg Size: 316 KB
  • #348,087
  • Dec 17, 2010 8:44am Dec 17, 2010 8:44am
Need to break this current DX level 80.57 to get much further with EU
  • #348,088
  • Dec 17, 2010 8:47am Dec 17, 2010 8:47am
Quoting Beljevina
I've never understood why the showing off and chest pounding. Few others do it, and there is frankly no value. BTW, capturing 20 pips of a huge move isn't really something commendable. I hate getting 60 pips of a 120 pip move - it means I did something wrong.
well yes i am just chest pounding and showing off,i do put my calls on thread so every one else can take benefit from the trade.if u wish u can put me on ignore I trade on my instinct so there is rarely to analys
  • #348,089
  • Edited 8:54am Dec 17, 2010 8:48am | Edited 8:54am
Quoting iflyjetzzz
Forexpro30, thanks. I understand everything that you've posted. If you do a quick search of my (sparse) posts, you'll see that I've posted about the interrelationship of asset classes long ago here.
I was looking for an educated guess on the equity market's move and your opinion is down. I share that opinion and realize that it's a crystal ball guess and can change rapidly. I've got 30 years trading multiple asset classes so I understand money flows.



That's an elementary school question.


... I don't consider tax cuts while running record...
Thank You

It will be a pleasure to learn from you and share with you. I use a service that seems to think we are ready soon for a big meltdown. Into the New Year we will see.

I am over 60 years of age and have traded stocks and commodities most of my life. I love Forex since it is my passion and my life. I get up at 2:00 in the morning for the Europe open. I trade through 11:30 AM and break until 2:00 PM then trade until the North American close. I break until 7:00 in the evening and do not trade Japan much and go to bed near 11:00 PM
I spend 3 or 4 hours each day reading various research. Trading for me is a way of life. My goals are to become the best trader I can be. My record is amazing mainly because I am mature enough to have overcome my fears and greed never was a problem.

My ego sometimes was a problem since I hate to lose many trades however Risk Management takes care of that issue.

The Dow is down and EUR/USD is down and the Yields are .64% and 2.40%

So it goes. Have a nice weekend. Look forward to sharing thoughts with you.
  • #348,090
  • Dec 17, 2010 8:48am Dec 17, 2010 8:48am
Quoting Forexpro30
Thank you for your post also. I would like to explain that for me fundamentals is more than just the news. It is price action, technicals and most important of all, THE FLOW OF FUNDS in and out of Asset Classes.

Over my 7 years of FX trading experiences I have learned many lessons. I have made many mistakes learning my trade. There is much work involved in what I do. Those that expect to invest one or two hours a day and hope to get rich or in for a rude awakening.

Please allow me to explain what are the most important fundamentals to watch...


Hi I’m new in forex and I need some help so can I ask u some questions , like
First: I need the usd index and eur index can u tell me how I can get them?
Second : u talk about the important of the money flow can u tell me how can I know the money flow of the usd or the euro ???
Third : u talk about things that occur regularly in the Forex markets at 10:00 AM and 11:00 AM can u explain it again plz ??
And what is the relationship between the dow jones and eur/usd and usd in general ???
Finally as I told u I’m new in forex so can u tell me which is the best company that I can trader through it ??
And what is the best time I can trade everyday ??
And if u have some advices for me really ?
Last thank you very much J
  • #348,091
  • Dec 17, 2010 8:48am Dec 17, 2010 8:48am
A warm greeting to all my old friends here.
May the Gods of the market bless you all with money or whatever you wish for.


This is not an analysis by no means , this is just for recreational purposes only.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-12-17-TOS_CHARTS.png Size: 84 KB
  • #348,092
  • Dec 17, 2010 8:48am Dec 17, 2010 8:48am
Quoting gucci1
ye i see it --just a matter of time before she will break 80.50/80 and up she go --- i talk next major on monthly scale @ 85.30
I cant get access at mbtrading at moment to us index chart are you seeing potential break higher .
Thankyou
making green pips large and red pips small this is my goal.
  • #348,093
  • Dec 17, 2010 8:48am Dec 17, 2010 8:48am
Quoting Forexpro30
I mean the heading with respect to you. If I knew for sure where Dow would go I would tell you. It does not matter which way it goes as much as knowing what will happen if it goes up or if it goes down.

I could probably give an opinion however we have the PPT out there which means intervention.

Do you know why QE2 caused the Dow to go up ? The money printing and the cash going to the Bond dealers was used to buy equities to suck in the little people. We might be on the EDGE of a BIG market crash. My opinion on the TREND is down but for the...

You are right.. ES or S&P500 are on crossroad.. all indicators are in lag mode.. and pointing to a strong trend, however, we touched Fib 618 and according to the DOW theory as long we are under 66% retracement, we are still in DOWN trend... so the answer is very Close..

Nice posts BTW ..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: snapshot-13.png Size: 104 KB
Click to Enlarge Name: snapshot-14.png Size: 100 KB
  • #348,094
  • Dec 17, 2010 8:48am Dec 17, 2010 8:48am
Quoting PipChick
Need to break this current DX level 80.57 to get much further with EU
Have you ever consider that sometimes is the other way around? The euro news are so bad and the dollar is flat in numbers that the only thing weighting on the DX is the Euro at this moment. In other words, a break in the Euro will make the DX break too.... just my 2 cents.


sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #348,095
  • Dec 17, 2010 8:49am Dec 17, 2010 8:49am
Quoting Forexcube
EURUSD, Weekly, 2010 December 17

I think that move.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, Weekly, 2010 December 17.jpg Size: 112 KB
  • #348,096
  • Dec 17, 2010 8:50am Dec 17, 2010 8:50am
Quoting sisse
Have you ever consider that sometimes is the other way around? The euro news are so bad and the dollar is flat in numbers that the only thing weighting down on the DX is the Euro at this moment. In other words, a break in the Euro will make the DX break too.... just my 2 cents.


sisse
Of course. At this current moment, I am watching the strength of the usd against the eur and the dollar is much stronger so I will watch for dollar breaks. In other words, the usd is stronger than the eu is weak.
  • #348,097
  • Dec 17, 2010 8:50am Dec 17, 2010 8:50am
Quoting Forexpro30
LOOK THE DOW IS DOWN !!! What A Lucky GUESS I made :-)
Not lucky, it was an educated guess. Of course the pros haven't shown up yet; the real market movements start at 1000.

I took a small EUR short at 1.3225. I won't trade big today, as there's likely to be a lot of volitility. My thesis is that if today's got enough downside going to it, the EUR will fall below hard support at ~1.3185.

I don't mean to sound like a jerk; I'm a retired 30+ year military veteran. Old, cranky, and want answers immediately. I saw more than enough tap dancing during my career. I'm just a dirty old man with ADHD.
  • #348,098
  • Dec 17, 2010 8:52am Dec 17, 2010 8:52am
Quoting PipChick
Need to break this current DX level 80.57 to get much further with EU

can i ask you get 80.57? I see 80.40 as the neck line of IHS and intersection of down TL...
Attached Image (click to enlarge)
Click to Enlarge Name: dx-120-dec17.png Size: 28 KB
Change is the only constant
  • #348,099
  • Dec 17, 2010 8:53am Dec 17, 2010 8:53am
Quoting Forexpro30
Thank You

It will be a pleasure to learn from you and share with you. I use a service that seems to think we are ready soon for a big meltdown. Into the New Year we will see.

I am over 60 years of age and have traded stocks and commodities most of my life. I love Forex since it is my passion and my life. I get up at 2:00 in the morning for the Europe open. I trade through 11:30 AM and break until 2:00 PM then trade until the North American close. I break until 7:00 in the evening and do not trade Japan much and go to bed near 11:00 AM

I spend...
Sounds like we have much in common. Unlike you, I'm fairly new to FOREX. I couldn't trade US equities or commodities anymore; I don't like to trade bubbles.

Edit: I'm very skeptical of any prognosticator calling for a meltdown. As Keynes said, the markets can remain irrational longer than you can remain solvent.
  • #348,100
  • Dec 17, 2010 8:53am Dec 17, 2010 8:53am
Thanks Paul for the fibonacci thoughts of entry you posted, now i get the idea what those retracement level really means.
1,066 traders viewing now