EURUSD | Page 17636 | 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

  • #352,701
  • Dec 27, 2010 6:34pm Dec 27, 2010 6:34pm
Quoting gatorinla
we hit a mid.. time to watch candles. the chart has its own target. its the same chart as the original post.
3288 seems like a done deal.
those who can, do. those who cant, talk about those who can
  • #352,702
  • Dec 27, 2010 6:36pm Dec 27, 2010 6:36pm
Quoting malcolmb14
Euro likely heading back tO 1.3500 in new year. Check my posting in my vas thread why.
I didn't say that we won't go to 1.3500, I just think we will need to break the 1.33 area, and then touch the 1.35 area at most before we head back down.

Short term, there might be a rise in risk, but these fundamentals are just to heavy. The Euro is top-heavy right now. Europe is in debt, it might be sugar coated by the holidays, but once the numbers come out that 'sales' were up but profit wasn't up to match sales, or that people were spending more credit or what money they had saved up, problems will start back up.

This is all in my opinion on course. I just don't think this is true strength, just a thin market which makes it easier to slice.

I personally won't be surprised to see 300 pip moves in a day over the next couple weeks.
  • #352,703
  • Dec 27, 2010 6:37pm Dec 27, 2010 6:37pm
Quoting malcolmb14
Euro likely heading back tO 1.3500 in new year. Check my posting in my vas thread why.
Hi MalcomB14,

Can we assume that after the accumulation the last bars were the mark up and we should wait for the shakeout to find a good long entry?

Appreciate your view on this.

Thank you.
  • #352,704
  • Dec 27, 2010 6:37pm Dec 27, 2010 6:37pm
Who had thought about that one...
  • #352,705
  • Dec 27, 2010 6:38pm Dec 27, 2010 6:38pm
Quoting gatorinla
3288 seems like a done deal.
but i think now will go slower, might take a couple of hours.
  • #352,706
  • Dec 27, 2010 6:40pm Dec 27, 2010 6:40pm
agree on the 300 pip days

also agree on the weekly 1.3300 area



Quoting mikej2010
I didn't say that we won't go to 1.3500, I just think we will need to break the 1.33 area, and then touch the 1.35 area at most before we head back down.

Short term, there might be a rise in risk, but these fundamentals are just to heavy....
Blogging daily now at www.volume.zone
  • #352,707
  • Dec 27, 2010 6:40pm Dec 27, 2010 6:40pm
Quoting alexxi
but i think now will go slower, might take a couple of hours.
these giant moves were from the 'stops' being triggered, it might get more violent here as stops become more spread out, all depends also on who takes profit on the 'long' runs & who sticks with it.
  • #352,708
  • Dec 27, 2010 6:43pm Dec 27, 2010 6:43pm
Quoting mikej2010
these giant moves were from the 'stops' being triggered, it might get more violent here as stops become more spread out, all depends also on who takes profit on the 'long' runs & who sticks with it.
lets hope it is quick, i took profit forcibly on one position but have another one open.

i really shouldnt have done that, but i went long just on the basis that every night euro goes up. i really shouldnt have done that as i am a new trader and this type of trades can be my ruin..

based on almost every night there should be a quick drop before going up again.
  • #352,709
  • Dec 27, 2010 6:45pm Dec 27, 2010 6:45pm
Quoting mikej2010
these giant moves were from the 'stops' being triggered, it might get more violent here as stops become more spread out, all depends also on who takes profit on the 'long' runs & who sticks with it.
These are banks making moves.
  • #352,710
  • Dec 27, 2010 6:49pm Dec 27, 2010 6:49pm
Is this to continue for the rest of the following markets are we expecting a retrace back to 30 anytime soon?
  • #352,711
  • Dec 27, 2010 6:49pm Dec 27, 2010 6:49pm
Quoting 2+2=4ex
These are banks making moves.
Yes, the central banks buying, but the 'violent' spikes were those buying by the banks triggering some stops along the way aka resistance.

Thin market, Aggressive buying, SL's being knocked out = December.

Going off my other post, image shows why I don't think we will go above 1.35xx area.
Attached Image (click to enlarge)
Click to Enlarge Name: euroweekly.jpg Size: 77 KB
  • #352,712
  • Dec 27, 2010 6:50pm Dec 27, 2010 6:50pm
Hey Forespro30,


I see you haven't responded to my earlier post... So.... Where is the flow chart.

I am not good at guessing.. So I need to see visual details.. Or write it out with detailed reasoning. Like you talked about how different pairs effect each other, but I only care why the big rollers would need or want to buy a specific currency. However, a flow chart still lets someone follow the market money like a global GPS for the money.
Luck has no place in trading. Leave that for the poker table.
  • #352,713
  • Dec 27, 2010 6:52pm Dec 27, 2010 6:52pm
Quoting 2+2=4ex
These are banks making moves.
I was stating that the rate hike by China was not yet factored in as yet. Now the Japan banks are adjusting their assets to the new reality. There are other factors at play. The STATUS QUO was changed on December 25, 2010.

The ONLY reason EUR/USD went up was because of first USD/JPY then EUR/JPY and then EUR/USD.

That is why I stayed on the sidelines. Now I will let things settle down and decide on a new Trade Plan. The old one is out the window for the moment.

Follow the Money Flow as it MOVES those charts. NOT ONE CHART called this and anyone who claims that is not a serious trader.

That is the way it is.
  • #352,714
  • Dec 27, 2010 6:57pm Dec 27, 2010 6:57pm
Quoting Forexpro30

Follow the Money Flow as it MOVES those charts. NOT ONE CHART called this and anyone who claims that is not a serious trader.

That is the way it is.
Is that a fact! no serious traders that could identify it ... OR they are just better at technical analysis then you?

after you, you don't look at charts much ... remember?

I think this is nothing more then thin markets and moves that are going 100%-300% more then they normally should.
  • #352,715
  • Dec 27, 2010 6:57pm Dec 27, 2010 6:57pm
Quoting gatorinla
3288 seems like a done deal.
closed at 3244.... looking for a short entry... 84 pips..
those who can, do. those who cant, talk about those who can
  • #352,716
  • Dec 27, 2010 6:58pm Dec 27, 2010 6:58pm
Quoting gatorinla
closed at 3244.... looking for a short entry... 84 pips..
planning to short ? what is your tp ?
  • #352,717
  • Edited 7:05pm Dec 27, 2010 7:00pm | Edited 7:05pm
Quoting Forexpro30
I was stating that the rate hike by China was not yet factored in as yet. Now the Japan banks are adjusting their assets to the new reality. There are other factors at play. The STATUS QUO was changed on December 25, 2010.

The ONLY reason EUR/USD went up was because of first USD/JPY then EUR/JPY and then EUR/USD.

That is why I stayed on the sidelines. Now I will let things settle down and decide on a new Trade Plan. The old one is out the window for the moment.

Follow the Money Flow as it MOVES those charts. NOT ONE CHART called this...
You have done it again....of course, nobody is really sure what you have done...or why you bother posting...but WTG CHAMP!

Benchmark
Attached Image
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #352,718
  • Dec 27, 2010 7:01pm Dec 27, 2010 7:01pm
Quoting chazzle
Well I don't normally bet on EU but put in a pending short just for fun after reading this thread for amusement ... entry is the middle line
in @ 13240 will have SL 60-80 and TP 80-120
  • #352,719
  • Dec 27, 2010 7:01pm Dec 27, 2010 7:01pm
Quoting gatorinla
closed at 3244.... looking for a short entry... 84 pips..
Good choice possibly, A LOT of past daily S & R for that .324x area.
  • #352,720
  • Dec 27, 2010 7:03pm Dec 27, 2010 7:03pm
Quoting crisis
planning to short ? what is your tp ?
look at this, I am already short, but anyone who isn't in yet


30m chart.
Attached Image (click to enlarge)
Click to Enlarge Name: short.jpg Size: 78 KB
1,461 traders viewing now