EURUSD | Page 18487 | 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

  • #369,721
  • Jan 21, 2011 1:04am Jan 21, 2011 1:04am
Quoting egkid
Hello bro
I'm long On my daily close reason Natural law as i understand it.
34 and 35 will taken out.
no more post till Break 1.35
CU
4h Close above 1.35
Above 1.3510 we may see big up move
  • #369,722
  • Edited 1:07am Jan 21, 2011 1:04am | Edited 1:07am
We are still stuck with the same predicament as yesterday. Interesting to see yesterdays candle, amost a total doji......the day before, long upper wick shows bears pushing back......the day before that, long upper wick shows bears pushing back.

So I'm still out on this pair, but if I had a gun at my head, I'd be bear biased....imo.

5c
Attached Image (click to enlarge)
Click to Enlarge Name: eudaily2.jpg Size: 90 KB
Doing what you like is Freedom. Liking what you do is Happiness.
  • #369,723
  • Jan 21, 2011 1:06am Jan 21, 2011 1:06am
Quoting infinitus
Hi Mr. Hatch,

had not much time to trade so far because of a huge workload in my day job.
When will you quit this timesink

Quoting infinitus
This morning I got a very nice scalp as we saw the sharp drop from 3472. I cashed in 34 pips and was done for the day. But that was not kind of a good trading skill. 5 min prior to the drop I felt out of bed, looked at the screen with very small eyes, spotted the opportunity and hit the sell button. That was a risky one without proper analysis LOL I know, next time I will get a haircut for such behavior. :-)
sometimes intuition just pays off, other times we get bitten.

Quoting infinitus
I think more and more that the top is in. This moves from the top looks much like a leading diagonal. Typical are the high retracements.
one can easily get this impression, but I have 3683.5 still valid on my cheat-sheet. this comes close enough to 3700 to serve as a valid retracement, a catch-up of additional short-trades, stophunt and all the possible bs.

Quoting infinitus
But I will be not surprised when all of this is one more of this broad wave 4th that we have seen plenty in the last weeks.
no comment, i just see the bearish wedge forming on H4. murray says, it could be ripe to drop, or just change the octave, something, I still have to witness... would be a first, but I just re-employed the usage of murray's math-lines

Quoting infinitus
Have only read a few pages in your "Bible" :-( in Saas-Fee. Maybe I have next week more time for it.

Their rectangle method is kind of similar to Murrey Math. It produces oftentimes comparable results. Advantage MM: it is faster // Advantage rectangle method: it may be more precise.
more precise is definitely correct. i think, they make use of the rectangles for optical reasons just to depict, which border of the box will be inside, and which one will be outside as a target, entry etc.
it's harder to see, when you use lines, i tried that... boxes are easier, but take a bit more time.

Quoting infinitus
the chapter about the fibs remembers me on "Fibonacci Trading" from Carolyn Boroden.

So far the book was a very good reminder for me to combine the different approaches more. Since a few days I use the fibs extensively in combination with MM and EW, and my results got instantly better. Now my charts look more and more like Gatorinla's charts :-)

It is every time amazing to see price turning to the pip at certain fib or MMTL
yes, the combination of tools is, what makes this really valuable, even if you cannot really calculate those things... like me

have a nice one.
  • #369,724
  • Jan 21, 2011 1:07am Jan 21, 2011 1:07am
Looks like 3567/68 back on the table...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 17 KB
Look Sharp/Trade Tight
  • #369,725
  • Jan 21, 2011 1:08am Jan 21, 2011 1:08am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Damn, I'm short right here at 1.3518 but I'm scared, Frankfurt really has the power to push this up.

Let's see, I'm on a roll so far.
  • #369,726
  • Jan 21, 2011 1:09am Jan 21, 2011 1:09am
Quoting Mr Hatch
good morning, ladies and gentlemen.
kids...

have a nice trading day.

btw: short 3516, at be+1.

edit: moved be +5.
Edit2: 50% profit at 3500.
so.
  • #369,727
  • Jan 21, 2011 1:10am Jan 21, 2011 1:10am
Quoting PayTheLimit
Looks like 3567/68 back on the table...
Spike up to 13327 is not good for the bears but considering it is happening during Frankie makes me very skeptical that the bulls have control. Lots of ambiguity so far.

Euro crosses are starting to take flight. Euro/gbp needs to get over 8500 before I start to believe. Lots to pay attention to currently.
"Timing Is Everything. Really I Swear It Is"
  • #369,728
  • Jan 21, 2011 1:10am Jan 21, 2011 1:10am
Quoting apt
Damn, I'm short right here at 1.3518 but I'm scared, Frankfurt really has the power to push this up.

Let's see, I'm on a roll so far.
wait for german IFO i expect Selling
  • #369,729
  • Jan 21, 2011 1:11am Jan 21, 2011 1:11am
I'm entered in short 135185 as well... at least there isn't 2 much of an upside risk... thoughts on the best profit targets?
Do or do not, there is no try...
  • #369,730
  • Jan 21, 2011 1:13am Jan 21, 2011 1:13am
Quoting swing 123
euro up move has seen heavy resistance in 35 area for the last two days and you will see heavy sellers in that area to once again try to close below 35
i dont know that area is a heavy seller area or buyer area.. the thing which i focus that.. two daily close below 35.. and third day again touch 35 means.. some upmove still must be to happened.. i dont take a short today till it break clearly 3476.. possible move up towards 3582-97..

Yesterday high break.. lets see..
  • #369,731
  • Jan 21, 2011 1:15am Jan 21, 2011 1:15am
Quoting shah22
i dont know that area is a heavy seller area or buyer area.. The thing which i focus that.. Two daily close below 35.. And third day again touch 35 means.. Some upmove still must be to happened.. I dont take a short today till it break clearly 3476.. Possible move up towards 3582-97..

Yesterday high break.. Lets see..
all i am saying is to look for red hammer or engulfing candle
  • #369,732
  • Jan 21, 2011 1:15am Jan 21, 2011 1:15am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
This Price Action is a Cardio workout.
  • #369,733
  • Jan 21, 2011 1:16am Jan 21, 2011 1:16am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
Quoting Slang
I'm entered in short 135185 as well... at least there isn't 2 much of an upside risk... thoughts on the best profit targets?
From a previous post.

http://i55.tinypic.com/2v3m06r.png
  • #369,734
  • Jan 21, 2011 1:18am Jan 21, 2011 1:18am
you owe me a quote.....actually the one you quoted.....do it again.....

Quoting apt
This Price Action is a Cardio workout.
  • #369,735
  • Jan 21, 2011 1:19am Jan 21, 2011 1:19am
I have 3528 as a mini projected pivot...whatever the hell that means
Look Sharp/Trade Tight
  • #369,736
  • Jan 21, 2011 1:19am Jan 21, 2011 1:19am
Quoting mck6206
This seems to be playing out exactly as the previous two nights with a 180 to 200 pip move from trough to peak. Looking for this one to be capped around 3508, if not then re-test the highs. Anybody see a catalyst for this to keep charging ahead like this or are shorts around the corner?
Im short and its not looking good.
My thoughts are with you my fellow trader! I got caught up in a shit storm on the USD/CHF and have been short since 0.6229 :-(
  • #369,737
  • Jan 21, 2011 1:19am Jan 21, 2011 1:19am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
My Dukascopy Market Depth for short is overwhelming in comparison to Long, yet these guys in Frankfurt sitting in their ECB offices keep pressing the damn button!!!

http://www2.2space.net/images/upl_ne...1268741422.jpg
  • #369,738
  • Jan 21, 2011 1:20am Jan 21, 2011 1:20am
I have 3576 as the 50% fib from 4280 to 2870. Looking for that to be the end of this run at the most.
  • #369,739
  • Jan 21, 2011 1:21am Jan 21, 2011 1:21am
  •  apt
  • | Joined Oct 2010 | Status: All your cookies are belong to me. | 1,114 Posts
If we stay below 1.3511, TARGETS: 1.3497, 1.3471, 1.3456, 1.3425.
  • #369,740
  • Jan 21, 2011 1:24am Jan 21, 2011 1:24am
This is the third attempt to break the weekly 200 ema in 3 days. Still holding for now.
426 traders viewing now