EURUSD | Page 17799 | 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

  • #355,961
  • Jan 2, 2011 7:28am Jan 2, 2011 7:28am
Quoting KinsaleForex
Had a look through the last few pages (which were interesting to say the least) and found no mention of the following question. Anyway, just wondering if anyone has an opinion on EUR/USD or even the EUR in general now that Estonia has joined? Will their joining have an effect into the new year or is it just speculation?
Concerning EZ, negative news have the most impact. That said, Estonia is not a country burdened by debt. EUR/USD impact should be minimal.
"To hold, you must first open your hand. Let go." - Lao Tzu
  • #355,962
  • Jan 2, 2011 7:40am Jan 2, 2011 7:40am
Quoting vox dei
Concerning EZ, negative news have the most impact. That said, Estonia is not a country burdened by debt. EUR/USD impact should be minimal.
Cheers for the reply, was thinking as much myself to be honest. I've an upside target set at the moment which i'd like to see hit!
  • #355,963
  • Jan 2, 2011 8:00am Jan 2, 2011 8:00am
In my chart EU looks like either bearish bat or bearish gartley pattern. What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: chart11.gif Size: 36 KB
  • #355,964
  • Jan 2, 2011 8:24am Jan 2, 2011 8:24am
Price hit weekly resistance, and there's a pinbar on H4, that could mean a little fall.

Attached Image (click to enlarge)
Click to Enlarge Name: rrr.png Size: 42 KB
  • #355,965
  • Jan 2, 2011 8:49am Jan 2, 2011 8:49am
Happy new year to all & hv many green pips to all in 2011.
  • #355,966
  • Jan 2, 2011 8:50am Jan 2, 2011 8:50am
Good day to you,

Happy new year. Muppet show and all.

EU will be heading lower short term. Period.

We may see some form of "retrace" to 1.3400 area or just below - but Monday/Tuesday will deliver profit for my entries. Will look to see 1.3320 or so. Prove me wrong and I'll buy the beer.

May you all prosper.

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 26 KB
  • #355,967
  • Jan 2, 2011 8:56am Jan 2, 2011 8:56am
Quoting T@rantula
Im long yes...targeting 3300 on a daily timeframe. 3088 was the entry...we will see
Simply one of the most successful estimations or views since Pre-X-Mas ...

Eins druff mit Mappe ... we say in such cases ...

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #355,968
  • Jan 2, 2011 8:57am Jan 2, 2011 8:57am
Quoting ukdaytrader
Thanks for the reply pk. Yes, your view from an EW perspective would be very welcome.
I do have a figure of 1.24xx in mind, but would like to see an EW projection.
as promised, here is the daily picture i'm looking at currently.
no trading plans based on this yet, but 1 thing to note: daily 50 ma is above 200 ma, and price is above 200 ma... so not a comfortable situation for shorts i would say. the only good things for shorts are that the price is still stuck between 50 and 200 ma, and monthly candle in november gave us a bearish engulfing pattern. so, who knows, we might break to downside (fingers crossed for shorts). hope this helps planning your trades. gl.

pk
Attached Image (click to enlarge)
Click to Enlarge Name: euro_daily_1_2_10.jpg Size: 92 KB
  • #355,969
  • Jan 2, 2011 9:14am Jan 2, 2011 9:14am
Quoting TauTrader
Good day to you,

Happy new year. Muppet show and all.

EU will be heading lower short term. Period.

We may see some form of "retrace" to 1.3400 area or just below - but Monday/Tuesday will deliver profit for my entries. Will look to see 1.3320 or so. Prove me wrong and I'll buy the beer.

May you all prosper.

Regards

You may well be right Tau.

But I am most dangerous when I am certain about a trade - thats normally when I lose big - LoL.
  • #355,970
  • Jan 2, 2011 9:28am Jan 2, 2011 9:28am
It also seems there is a strong seasonal factor providing some serious headwind to the pair going fwd short term. 1999-2009 all profitable with but one exception for a short put on @ 3rd trading day and hold 24 days (h/t Commodity Traders Almanac).
  • #355,971
  • Jan 2, 2011 9:30am Jan 2, 2011 9:30am
Quoting stewrigh
You may well be right Tau.

But I am most dangerous when I am certain about a trade - thats normally when I lose big - LoL.
Good day to you,

Yip - know what you are saying. Just like to stir a bit - you know. Muppet senior driving the bus. I am however serious about my post.
not gonna be one of the either or posters. Do not want to clogg the thread...

I appreciate your post.

Regards to you
Attached Image
  • #355,972
  • Jan 2, 2011 9:41am Jan 2, 2011 9:41am
Quoting TauTrader
Good day to you,

Yip - know what you are saying. Just like to stir a bit - you know. Muppet senior driving the bus. I am however serious about my post.
not gonna be one of the either or posters. Do not want to clogg the thread...

I appreciate your post.

Regards to you

FWIW I actually agree with you - I think it's headed down eventually(just don't know when) - be careful tho.

I learnt the hard way that I don't know anything and accepting that fact helped me a lot - hence my sig.
  • #355,973
  • Jan 2, 2011 9:43am Jan 2, 2011 9:43am
Quoting mercy seat
All broker shut down ... ?!

No ... maybe yours ... as some close earlier today ... due to 'new year events' ...

But Interbank closes in one and a half from now ... no matter if 'new year party' or not ... that would not be a real pro service if they close for such reasons ...

Moreover some parts of this world do not party at this date ... and even some parts do have other kind of date or calendar for a so-called 'new-year' ...
http://cdn.forexfactory.com/images/attach/pdf.gif 2010-12-31_Interbank Foreign Exchange Rates (Clôture 52) FR.pdf (8.1 KB)


Oki-Doo...


Here they are ... the latest interbank rates from Friday - December 31th ...

As you can see ... highest been given has been aprox. 1.3424 ... after this high we saw a drift down towards 1.3331 zone ... and then a pullback towards 1.339x area and a late closing/clôture around 1.3383-88 ...

No matter if your finance service plug in or not ... markets will be open in less than four hours under Interbank rules and conditions ...

And of course there will be no Gap as nearly always ...

Okay ... all we can do now is wait and maybe and do some calculations ...



;-)
Attached File(s)
File Type: pdf 2010-12-31_Interbank Foreign Exchange Rates (Clôture 52) FR.pdf   8 KB | 447 downloads
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #355,974
  • Jan 2, 2011 9:46am Jan 2, 2011 9:46am
which cup & handle should work, just seeing it , regualr one ok , all know but one upside down ? may work both this time. first come first services & last to sacrifice or serve a little only .lets see .have fun.

fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 19 KB
Click to Enlarge Name: eu3.gif Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #355,975
  • Jan 2, 2011 9:53am Jan 2, 2011 9:53am
hi guys n gals

are we all of the opinion EU will fall drastically when the market re-opens ?
  • #355,976
  • Jan 2, 2011 9:54am Jan 2, 2011 9:54am
Quoting fontu
which cup & handle should work, just seeing it , regualr one ok , all know but one upside down ? may work both this time. first come first services & last to sacrifice or serve a little only .lets see .have fun.

fontu

Fontu , nice charts.

I have a potential max upmove to 3472 where I will set pending short orders. Will monitor and adjust accordingly should this show continious strength or move south from closing positions from friday
  • #355,977
  • Jan 2, 2011 9:54am Jan 2, 2011 9:54am
Quoting KinsaleForex
Cheers for the reply, was thinking as much myself to be honest. I've an upside target set at the moment which i'd like to see hit!
Would that be Kinsale County Cork? I love that place.
  • #355,978
  • Jan 2, 2011 9:56am Jan 2, 2011 9:56am
Quoting whatfx
hi guys n gals

are we all of the opinion EU will fall drastically when the market re-opens ?
we don't know that.
  • #355,979
  • Edited 10:21am Jan 2, 2011 10:04am | Edited 10:21am
Quoting onewish
Fontu , nice charts.

I have a potential max upmove to 3472 where I will set pending short orders. Will monitor and adjust accordingly should this show continious strength or move south from closing positions from friday
ok , as eu having regular cup smaller one has the better chance up a little more to top & even little up , projection high 3506 .I will wait it fail at top first chance & again retest after the handle being formed.if gap may expect now upside .Apparent pa now , a bull set up now at the top , price continue go near previous top or top 3424 down to 3361 to 37& start the up .

that is why short from last top I closed as was scalping only & even long last also closed before market close .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #355,980
  • Jan 2, 2011 10:05am Jan 2, 2011 10:05am
Quoting pkimnyc
we don't know that.
And we don't need to know.

Just follow Dr Joe - If it goes down - sell - if it goes up - buy.
517 traders viewing now