EURUSD | Page 17725 | 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

  • #354,481
  • Dec 30, 2010 4:55am Dec 30, 2010 4:55am
Quoting Mr Hatch
the question is, what is this? a retracement based on heavy interest below/at 3100, or the beginning of a new trend direction for 2011 with china as the saviour of the ez?

not in any trade, my sl on both short and long neutralized at 3250, so I'm flat, and will stay like that for today.
The inverse "could" indicate the end of the 1 hr downtrend but it needs some steam to close the hourly above the NL and the DX needs to give to the short side for any confirmation.
  • #354,482
  • Dec 30, 2010 4:55am Dec 30, 2010 4:55am
Quoting Mr Hatch
the question is, what is this? a retracement based on heavy interest below/at 3100, or the beginning of a new trend direction for 2011 with china as the saviour of the ez?

not in any trade, my sl on both short and long neutralized at 3250, so I'm flat, and will stay like that for today.

Personaly i think it's a begining of the euro bull trend... for atleast 2months
  • #354,483
  • Dec 30, 2010 4:55am Dec 30, 2010 4:55am
Quoting Hda
Has a Classic Bull trap has been staged, We will have to wait and see? The lower high on the 3H at 1.3260 has been taken out - retracement is now expected.

Sellers are lined up at 1.3280 and 1.3300

waiting patiently.

GBP/USD continues it fall as expected
thnks for the TRAP anyway 140p .. im done for today..
coffee time

[Chart]
Attached Image (click to enlarge)
Click to Enlarge Name: snapshot-44.png Size: 65 KB
  • #354,484
  • Dec 30, 2010 4:56am Dec 30, 2010 4:56am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting PayTheLimit
and now I see me might not even close the hour over 3149, shit market...
Yeah, sorry to hear that bro, your original 1.3265 would have brought you pips LOL!

Boy how wrong was I.

Well let's see what happens.
  • #354,485
  • Dec 30, 2010 4:57am Dec 30, 2010 4:57am
Quoting PayTheLimit
and now I see me might not even close the hour over 3149, shit market...
i think the big move will be on the us news they will indicate big movement
  • #354,486
  • Dec 30, 2010 4:57am Dec 30, 2010 4:57am
Quoting ukdaytrader
Seriously, do yourself a favour and look at DX. I'm all for contrary thinking, but if DX breaks support, you need to have an exit strategy.
UKDAYTRADER:

Your comments are welcomed and I appreciate you sharing this information with me. This forum is has fullfilled it goal for healthy discussion.

I am still of the short bias until the market says differently. The conflict between the bulls and the bears will be never ending and as we share our incites we learn from each others mistakes.

I still remain short.

Happy Trading
  • #354,487
  • Dec 30, 2010 4:59am Dec 30, 2010 4:59am
Quoting apt
Yeah, sorry to hear that bro, your original 1.3265 would have brought you pips LOL!

Boy how wrong was I.

Well let's see what happens.

good thing I dont listen to you then...

Quoting PayTheLimit
out at 3264, +25... screw it, dont need this
Look Sharp/Trade Tight
  • #354,488
  • Dec 30, 2010 4:59am Dec 30, 2010 4:59am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
http://3.bp.blogspot.com/_FiNhXIv5St...teBullTrap.jpg
  • #354,489
  • Dec 30, 2010 4:59am Dec 30, 2010 4:59am
Quoting Mr Hatch
the question is, what is this? a retracement based on heavy interest below/at 3100, or the beginning of a new trend direction for 2011 with china as the saviour of the ez?

not in any trade, my sl on both short and long neutralized at 3250, so I'm flat, and will stay like that for today.
China is in Debt, and they are buying 'cheaper' debt right now before thier economy slows down.

-15% pay raises on average per year for 10 years now
-5.x% inflation
-multiple interest rate hikes to come
-Real Estate bubble
-Running out of 'gold mines' to dig up their gold {I think they average 5-7 more years worth at 1ton per year}

-Buying European debt means nothing if the paper it is purchased with is worth nothing.

Consolidation is what we are in, awkward form, but none of the less ... 1.29xx unless Merkel agrees to the EU's terms ... Germany is a proud & stubborn state .. they won't budge.
  • #354,490
  • Dec 30, 2010 4:59am Dec 30, 2010 4:59am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting PayTheLimit
good thing I dont listen to you then...
Good shit, how did you get that number as resistance anyways, you never told me.
  • #354,491
  • Dec 30, 2010 5:01am Dec 30, 2010 5:01am
Bulls trap dont think so...
  • #354,492
  • Dec 30, 2010 5:01am Dec 30, 2010 5:01am
Quoting Fr3ed0x
Personaly i think it's a begining of the euro bull trend... for atleast 2months
Based on what? and how in the hell did you get 2months? just curious ...
Attached Image
  • #354,493
  • Dec 30, 2010 5:02am Dec 30, 2010 5:02am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting mikej2010
Based on what? and how in the hell did you get 2months? just curious ...
http://jurylaw.typepad.com/.a/6a00d8...5dc0970b-250wi
  • #354,494
  • Dec 30, 2010 5:03am Dec 30, 2010 5:03am
Quoting apt
http://jurylaw.typepad.com/.a/6a00d8...5dc0970b-250wi
...
Attached Image
  • #354,495
  • Dec 30, 2010 5:04am Dec 30, 2010 5:04am
Quoting mikej2010
China is in Debt, and they are buying 'cheaper' debt right now before thier economy slows down.

-15% pay raises on average per year for 10 years now
-5.x% inflation
-multiple interest rate hikes to come
-Real Estate bubble
-Running out of 'gold mines' to dig up their gold {I think they average 5-7 more years worth at 1ton per year}

-Buying European debt means nothing if the paper it is purchased with is worth nothing.

Consolidation is what we are in, awkward form, but none of the less ... 1.29xx unless Merkel agrees to the EU's...
What on earth do you mean by that statement?
You can remain irrational longer than you can remain solvent.
  • #354,496
  • Dec 30, 2010 5:05am Dec 30, 2010 5:05am
hi all

flat and not flat short long , long short dam i hate my itchy fingers the end of the year green sure its raining out side thats why got some cans of milk
  • #354,497
  • Dec 30, 2010 5:06am Dec 30, 2010 5:06am
channel within channel developed in last 2 hours ...
Attached Image (click to enlarge)
Click to Enlarge Name: channel within channel.jpg Size: 96 KB
  • #354,498
  • Dec 30, 2010 5:06am Dec 30, 2010 5:06am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting jezek5
What on earth do you mean by that statement?
He means, Chinese Yuan is worth nothing.

http://www.foreignexchangeservice.co...-US-Dollar.jpg
  • #354,499
  • Dec 30, 2010 5:06am Dec 30, 2010 5:06am
GBP/USD continues its fall

Short from 1.54944 and 1.54605 exit was set at 1.53500 continuing my analysis to see if I need to adjust it up a bit - will advise.
  • #354,500
  • Dec 30, 2010 5:06am Dec 30, 2010 5:06am
Quoting Hda
I still remain short.
Quoting Hda
I am bearish from 1.3270 and 1.3116, my exit is 1.2810 - I position trade.
Quoting Hda
I see there is some difficulty reaching your take profit of 1.3140.
Quoting Hda
My trade went against me 150 pips, before I entered short at 1.3270 with a second lot to cover the 150pip draw down...

On the way down i will be scaling in and out of the trade, holding 1.3270 and the last lot to exit at 1.2810

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
566 traders viewing now, 2 are registered:
F.g
,
Glpp