EURUSD | Page 18099 | 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

  • #361,961
  • Jan 10, 2011 11:47am Jan 10, 2011 11:47am
Quoting jillsaab
Same here!! absolutely ditto concept
judging by the way this pa is struggling upwards we may not even see much of a retracement...
  • #361,962
  • Jan 10, 2011 11:47am Jan 10, 2011 11:47am
Quoting kasper
i wish i could hedge without having to open another account ...
Go trade at a bank. NFA/CFTC rules only apply to retail FX brokers (ie. NON BANKS)

At banks, these rules do not apply. You can hedge freely.
  • #361,963
  • Jan 10, 2011 11:54am Jan 10, 2011 11:54am
Quoting akhtergroup
Go trade at a bank. NFA/CFTC rules only apply to retail FX brokers (ie. NON BANKS)

At banks, these rules do not apply. You can hedge freely.
Which bank?)
  • #361,964
  • Jan 10, 2011 11:55am Jan 10, 2011 11:55am
3009 should be a hard nut to crack 23% fib from 3424 -2879. let see if it hold for a ride south
  • #361,965
  • Jan 10, 2011 11:56am Jan 10, 2011 11:56am
i think we are going to see 2926 first.. so set my tp at 2926 now..
  • #361,966
  • Jan 10, 2011 12:01pm Jan 10, 2011 12:01pm
Quoting nooblaster
hedge it for a while? like put an opposite trade for the time being, when it starts going down again, then remove that trade
IMO, unless someone is holding so large that they don't want to take it to market and show everyone what they've been doing, the best and cheapest hedge is just to get flat.

Ace Greenberg, the legendary head of trading of Bear, long before they stepped on the mortgage landmine and blew up, is credited with saying that "if a hedge is supposed to give you the risk profile of a T-bill, then just sell the thing and buy a T-bill." He wasn't much of a quant, but he was one god of a trader.
  • #361,967
  • Jan 10, 2011 12:06pm Jan 10, 2011 12:06pm
Quoting marton
Where is Your fib?

3432 and 2885?

thanks

3431 - 2857
  • #361,968
  • Jan 10, 2011 12:08pm Jan 10, 2011 12:08pm
Quoting OldQuant
IMO, unless someone is holding so large that they don't want to take it to market and show everyone what they've been doing, the best and cheapest hedge is just to get flat.

Ace Greenberg, the legendary head of trading of Bear, long before they stepped on the mortgage landmine and blew up, is credited with saying that "if a hedge is supposed to give you the risk profile of a T-bill, then just sell the thing and buy a T-bill." He wasn't much of a quant, but he was one god of a trader.
I agree with you. Imo, you can do two things with a "hedge". One is "protect" a trade that went bad, and that never ends well because it means you actually lost faith in it.

Second. If you still trust your initial trade, hold it and just trade the retrace the other way. So it's all a matter of perspective, like everything else.
  • #361,969
  • Edited 12:19pm Jan 10, 2011 12:08pm | Edited 12:19pm
Quoting mercy seat
http://cdn.forexfactory.com/images/attach/png.gif 2011-01-10_06h08_ EURUSD _ min015 _ 1100 x 800 (BarChart+Pivots).PNG (24.3 KB)


EUR/USD : Asian Session

If not below 1.2869 - 1.2849 zone ... which is possible as 1.2865 has been hit already ... there might be some upside corrective action towards 1.2945 - 1.2965 or even to 1.2985...

http://cdn.forexfactory.com/images/attach/png.gif 2011-01-10_19h00_ EURUSD _ min005 _ 1100 x 800 (VolumeChart+Pivots).PNG (29.8 KB)



EUR/USD : Recap (Asian Session)

If not below 1.2869 - 1.2849 zone ... which is possible as 1.2865 has been hit already ... there might be some upside corrective action towards 1.2945 - 1.2965 or even to 1.2985 area ... later then ... after which it could go to the downside again ...



Quoting mercy seat
http://cdn.forexfactory.com/images/attach/png.gif 2011-01-10_17h07_ EURUSD _ min005 _ 1100 x 800 (BarChart+Pivots).PNG (24.6 KB)



Okay ... out ... seven times reversed ... now covered at 1.29281 ... after last reversal as mentioned minimum target of 1.2945 has been executed ...

Und tschüss ... ding dong ... bis denne ... FF ... viel Vergnügen ... he he ^^



Naja ... and then we traded it again a few times to the downside ...

So isses ... der Herrgott gibt es den seinen ... molto bene ... tip top ...

Profit taken near black arrows ...

Now only one rest-runner (a stinky Lause-Lot from 1.29597 ... der Rest ist für die Tutti-Schweine ... (rest covered) in the gun ... tip top ...



;-)
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-01-10_19h00_ EURUSD _ min005 _ 1100 x 800 (VolumeChart+Pivots).PNG Size: 30 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #361,970
  • Jan 10, 2011 12:08pm Jan 10, 2011 12:08pm
Quoting akhtergroup
Go trade at a bank. NFA/CFTC rules only apply to retail FX brokers (ie. NON BANKS)

At banks, these rules do not apply. You can hedge freely.
How does the common trader go about trading with a bank? Are there certain balance requirements or any sort of liscence necessary?
  • #361,971
  • Jan 10, 2011 12:09pm Jan 10, 2011 12:09pm
Quoting marton
Where is Your fib?

3432 and 2885?

thanks
sorry should have provided a chart..
Attached Image (click to enlarge)
Click to Enlarge Name: h1 eu.png Size: 76 KB
  • #361,972
  • Jan 10, 2011 12:13pm Jan 10, 2011 12:13pm
Quoting Shah22
i think we are going to see 2926 first.. so set my tp at 2926 now..

bulls trying to get a close above DP... so may see more up move
  • #361,973
  • Jan 10, 2011 12:14pm Jan 10, 2011 12:14pm
Has anyone heard of a candlestick pattern by the name of "tramlines"?
  • #361,974
  • Jan 10, 2011 12:15pm Jan 10, 2011 12:15pm
Bears still in charge, bulls back with a close above 2982. Good luck PTL.....
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 22 KB
Look Sharp/Trade Tight
  • #361,975
  • Jan 10, 2011 12:17pm Jan 10, 2011 12:17pm
Quoting PayTheLimit
Bears still in charge, bulls back with a close above 2982. Good luck PTL.....
Gold might be set to go down in the coming days/weeks.
Attached Image (click to enlarge)
Click to Enlarge Name: gold.jpg Size: 79 KB
  • #361,976
  • Jan 10, 2011 12:20pm Jan 10, 2011 12:20pm
cluster of 15 million+ orders at "50" watch what happens if they dry up
making green pips large and red pips small this is my goal.
  • #361,977
  • Jan 10, 2011 12:21pm Jan 10, 2011 12:21pm
Quoting rosssurf
How does the common trader go about trading with a bank? Are there certain balance requirements or any sort of liscence necessary?
money talks, say $20 million minimum? some of you high rollers correct me if I am off but I believe that's what a Citi rep told me once....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #361,978
  • Jan 10, 2011 12:21pm Jan 10, 2011 12:21pm
Quoting paul1
cluster of 15 million+ orders at "50" watch what happens if they dry up
Explain, please.
  • #361,979
  • Jan 10, 2011 12:21pm Jan 10, 2011 12:21pm
Quoting rosssurf
How does the common trader go about trading with a bank? Are there certain balance requirements or any sort of liscence necessary?
No ... but a little bit more gun-powder ... than with a stinky online broker ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #361,980
  • Jan 10, 2011 12:22pm Jan 10, 2011 12:22pm
Quote
cluster of 15 million+ orders at "50" watch what happens if they dry up

What, where and how?
Please what is the source of info and what are these orders
3,173 traders viewing now