EURUSD | Page 18198 | 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

  • #363,941
  • Jan 13, 2011 6:47am Jan 13, 2011 6:47am
Looking to short around 13200/13225 area AFTER getting some good confirmation and 5m TL break.
Attached Image (click to enlarge)
Click to Enlarge Name: 94 h4 jan 13 2011.gif Size: 17 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #363,942
  • Jan 13, 2011 6:47am Jan 13, 2011 6:47am
Quoting kill56
w b enjoy the grave yard
lol

rebought.
no kamikazee anymore.
will do the smooth way now


lets c
Hero calls followed by margin calls...
  • #363,943
  • Jan 13, 2011 6:48am Jan 13, 2011 6:48am
Quoting snatch
well, it would help if you explained you reason for going long. Is it technicals or fundamentals... I just follow trend lines... nothing else
thanx
anna

I have been posting my reasons since Sunday. Technically we were due for a retrace and just waiting for the fundamentals to give us the trigger, it started with the NFP, then Sunday's announcement of China and Japan to support the EU, the succesful desensitising of the QE this week by the ECB made up for the mistake in December, couple all that with spreads coming of the highs and the market had a trigger it could use to give us a retrace.

Go back over my post since Sunday, I closed my long term shorts on Friday in anticipation of this retrace and have been talking about it ever since, in the face of major opposition on this thread no less.

Look at your daily, H4 (set to London) and H1 and you can clearly see the retrace. I am now waiting for this retrace to turn into a full blown reversal.

Do yourself a favor and stop being biased, stop fighting the trend, stop taking advise from this thread, stop putting your TL's where you want to see them and not where they really should be. Start of with looking at a H4 set to london as a line chart and put up your major SR's, it will become extremely clear then where we are going.

The attached chart has the exact same levels on it as a chart I posted back in July last year, nothing has changed and the market is still behaving as it should. I have used this chart all of last year and have posted it here plenty of times. Start looking at the big picture first before you start looking for your trades on the smaller TF's.

This is not rocket science and countertrading does not make a trader look clever, it just shows that he or she has no grasp of where the intermediate trend is going.

Enough of me, I have had enough of fighting everyone in this thread.
Attached Image (click to enlarge)
Click to Enlarge Name: cloggies january asschart.gif Size: 17 KB
  • #363,944
  • Jan 13, 2011 6:51am Jan 13, 2011 6:51am
Quoting liquidtrada
what broker do u use..im looking to switch to where i can hedge freely
Haven't posted for a while, but don't do that!
"Hedging" is something completely different to opening long and short simultaneously.
If you open 1x EU long then 1x EU short you are flat (not hedged) only you have paid an extra spread cost for the "privilege".
Essentialy you are charging yourself to close the initial position.
  • #363,945
  • Jan 13, 2011 6:51am Jan 13, 2011 6:51am
thank you cloggie... no fighting here...
thank you
xx


Quoting cloggie
I have been posting my reasons since Sunday. Technically we were due for a retrace and just waiting for the fundamentals to give us the trigger, it started with the NFP, then Sunday's announcement of China and Japan to support the EU, the succesful desensitising of the QE this week by the ECB made up for the mistake in December, couple all that with spreads coming of the highs and the market had a trigger it could use to give us a retrace.

Go back over my post since Sunday, I closed my long term shorts on Friday in anticipation of this retrace...
  • #363,946
  • Jan 13, 2011 6:52am Jan 13, 2011 6:52am
Quoting hammer083
Hi Cloggie. Could you please explain how did you identify that big money are buying on Sunday? What shall I look for? It's good to follow your calls but I want to be able to do it myself.
Cloggie

I'm also interested in why you went long as of Sunday.

You clearly have insight that the rest of us dont have but every daily bar last week was down. In fact Tues to Fri, daily closed at low of day (or very close).

There was talk of Portugal defaults etc.... and yet you knew to go long. How?

I agree that Anna could have made more money going long. Having said that, those of us with less experience take one look at the charts (any timeframe) on Monday morning and think down.

Thanks
  • #363,947
  • Jan 13, 2011 6:53am Jan 13, 2011 6:53am
Quoting vlady1974
Hi Folks,
I'm a big fan of Murrey Math, so this is my take:

1HR chart shows price at the bottom of the frame, with VSA volume showing increased buying activity. But the longer term (Day) trend is down, so the retrace I would suggest is 1/2 of the frame, up to 1.31836. This seems to also corroborate Cloggie's suggested 31XX level. To me this makes sense or is at least in line with similar Fibonacci levels. It would seem to me to be a bias to the LONG side.
Well, we're here! :-)
A pip is only worth it if you know how much you risked to earn it
  • #363,948
  • Jan 13, 2011 6:54am Jan 13, 2011 6:54am
Quoting snatch
well done on you trades Cloggie! ANy pips are good..

i stayed with the strong down trend and made over 400 pips just on eu and gu yesterday with just shorts...

all the best

anna
We moved up 200 pips yesterday and you made 400 pips short please explain.
making green pips large and red pips small this is my goal.
  • #363,949
  • Jan 13, 2011 6:54am Jan 13, 2011 6:54am
Quoting Hda
fx111: YES - if I understand you correctly - are you in a trade and you want to close out some of it?

If so - if you are in a buy position and you want to close out some of the buy, click on sell type in the amount of units you want to close out and submit. They will then tell you that you will be closing out part of your position and you agree and that's it.

And if you are ina sell, click the buy etc etc etc

Happy to help
Thanx for answer. I'm not in any trade right now but so many times i wanted to close partially but didn't know how.
  • #363,950
  • Edited 7:09am Jan 13, 2011 6:54am | Edited 7:09am
Booking some profit from 1.2950 longs +230

It will probably touch 1.3220 before a breather

1.3060 is the center of my universe at the moment and it might be tested before 1.33 and above

i will be buying any pullback dips


Attached Image (click to enlarge)
Click to Enlarge Name: DAILY.GIF Size: 32 KB
Mind over matter..I don't mind and you don't matter.
  • #363,951
  • Jan 13, 2011 6:55am Jan 13, 2011 6:55am
Quoting cloggie
Trading is so simple, just follow the big money, they have been buying since Sunday. The easiest setups in the world are following them, they are no brainer trades.

Plenty here are fighting the trend though with their micro lots, thinking they can make a difference.

Good day to you,

UGGGHHH...

I hate your guts.

I was thinking of posting you this picture...

BUT - what you are commenting on is true. It's factual. No doubt. So - with that said...

I respect you as a trader and understand where you are coming from. Keep on slamming the issues. Just never get personal with me - I have wood filler and will f*ck up your shoes. Please accept my public apology.

All the best

Respect
Attached Image
  • #363,952
  • Jan 13, 2011 6:55am Jan 13, 2011 6:55am
Quoting gstrange
Cloggie

I'm also interested in why you went long as of Sunday.

You clearly have insight that the rest of us dont have but every daily bar last week was down. In fact Tues to Fri, daily closed at low of day (or very close).

There was talk of Portugal defaults etc.... and yet you knew to go long. How?

I agree that Anna could have made more money going long. Having said that, those of us with less experience take one look at the charts (any timeframe) on Monday morning and think down.

Thanks
Japan committing 1 trillion to FX, China buying 20% of EU debt, EU bailout fund going to 1 trillion, these are some serious big numbers all trying to lift the euro, what makes you think you can fight this with a micro lot?
  • #363,953
  • Jan 13, 2011 6:58am Jan 13, 2011 6:58am
Quoting JuliusCeasar
Should probably wait for gu to get above 1.56 but i have taken a small long at 1.5565

above 1.56 and it could go to 1.59


Attachment

I will wait for 1.59 on this one


.
Mind over matter..I don't mind and you don't matter.
  • #363,954
  • Jan 13, 2011 6:59am Jan 13, 2011 6:59am
Quoting hammer083
Hi Cloggie. Could you please explain how did you identify that big money are buying on Sunday? What shall I look for? It's good to follow your calls but I want to be able to do it myself.
Hello Cloggie

I have been following your posts, comments and interaction on this EUR/USD thread.

I have a question and a suggestion for you.

The question is why do you think that you have certain conflicts with some posters here and what is your role in that.

I really think you are sincere in your motives and want to help. Perhaps the way you help could be adjusted to the issues here. Some older posters have formed an opinion about you unlikely to change. Newer posters are always looking for confirmation on your posts.

Perhaps the way you react to posters and how you explain your reasons for doing what you do might be a big help in reducing frustrations for you and others.

That is of course how a new poster I see things not having a bias since this is new to me however I do understand human nature.

Do you see EUR/USD reversing at 10:00 AM as Hda thinks is possible.

I see EUR/USD is nearing 1.3200 before Trichet speaks in 32 minutes.

I look forward to your reply.
  • #363,955
  • Jan 13, 2011 7:00am Jan 13, 2011 7:00am
Closed my longs.

It's my first 60 pipper.... x2 lots!

Holy Shit... this feels good!
A pip is only worth it if you know how much you risked to earn it
  • #363,956
  • Jan 13, 2011 7:00am Jan 13, 2011 7:00am
Quoting TauTrader
Good day to you,

UGGGHHH...

I hate your guts.

I was thinking of posting you this picture...

BUT - what you are commenting on is true. It's factual. No doubt. So - with that said...

I respect you as a trader and understand where you are coming from. Keep on slamming the issues. Just never get personal with me - I have wood filler and will f*ck up your shoes. Please accept my public apology.

All the best

Respect

Tau, nothing personal, not to anyone here. It just gets really frustrating when I see so many traders here throwing away their hard earned money, for some the last bit of money they can not really afford to lose. I have been banging my head against a brick wall in this thread all week and it gets really frustrating when I can clearly see what is going on and have posted so several times, but the herd here just gets wrapped up in each other and the loudmouths here just drag others down for their own satisfaction.

IT has gotten to the point that I see just about anyone here as a muppet and a failed trader and not many posters change that perception.

Maybe the retailers can never be profitable because the "newer" traders follow the "older" traders who themselves are not profitable, maybe with the onset of the internet and forums like this it has actually gotten worse. The retail brokers are continuing to increase their profits year on year and the amount of members here that know what they are doing keeps diminishing. Maybe there is no hope for the retailer? I surely hope that I am wrong, but this week when there has been a very clear, concise and obvious retrace has reinforced that view tremendously.

I don't know what the solution is, I have tried to be nice and help out, I have tried to be the threadbiatch and shoot down any muppet I saw in here, neither approach has really worked.

The vouching system is seriously flawed in here also and gives too many unprofitable 10V posters too much weight on the forum and that starts a chain reaction. Plenty of 10v members have given me sh!t all week for my long views here and there have been loads of "newer" members joining the herd here.

Maybe the vouching system should reflect the amount in ones account, 1v for every 500k, but that doesn't work either as most of the real traders won't share that info here.

Meanwhile, my position trade is getting close to 300 pips in profit here while I rant on a bit on my soapbox.
  • #363,957
  • Jan 13, 2011 7:01am Jan 13, 2011 7:01am
update


if we break the 20
13300's in site might be wrong
Attached Image (click to enlarge)
Click to Enlarge Name: 4h eur.gif Size: 24 KB
  • #363,958
  • Jan 13, 2011 7:02am Jan 13, 2011 7:02am
Quoting vlady1974
Closed my longs.

It's my first 60 pipper.... x2 lots!

Holy Shit... this feels good!
Good day to you,

Well done. Congrats...

Now send some over...

Rinse and repeat - you hear?

Regards
  • #363,959
  • Jan 13, 2011 7:05am Jan 13, 2011 7:05am
If i see large clusters of 10+million orders go through while i monitor i will post them but have not seen any since 2930 and 2966 levels until i do i will stay in retrace/reversal mode.
making green pips large and red pips small this is my goal.
  • #363,960
  • Jan 13, 2011 7:05am Jan 13, 2011 7:05am
Quoting cloggie
Japan committing 1 trillion to FX, China buying 20% of EU debt, EU bailout fund going to 1 trillion, these are some serious big numbers all trying to lift the euro, what makes you think you can fight this with a micro lot?
Thanks for the comments.

What makes you think that I think I can fight this with a micro lot?

I simply politely asked why you went long? I took 1 position on EUR since Monday morning, went long and made 50 pips.

I'm far more interested in EURCHF than EURUSD
431 traders viewing now