EURUSD | Page 18515 | 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

  • #370,281
  • Jan 21, 2011 3:14pm Jan 21, 2011 3:14pm
Quoting style2fx
11 days ago, euro was kissing 1.29
if weekly turns here, it will kiss lower than that in a hurry.
  • #370,282
  • Jan 21, 2011 3:17pm Jan 21, 2011 3:17pm
Quoting style2fx
Really incredible Bull these last days (especially today).

No retracement, nothing, up up up up.

I suppose correction should apply for next week.

11 days ago, euro was kissing 1.29


http://www.synergy-athletics.com/wp-...08/10/bull.bmp
I fear 1.3978 is a possibility.
The Thief of Wall Street
  • #370,283
  • Jan 21, 2011 3:18pm Jan 21, 2011 3:18pm
700 pip run up in 11 days ! Be nice to see it retrace half of that next week !
  • #370,284
  • Jan 21, 2011 3:26pm Jan 21, 2011 3:26pm
http://www.lendingcentral.com/wp-con...xamination.jpg
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #370,285
  • Jan 21, 2011 3:34pm Jan 21, 2011 3:34pm
COT data about the EUR:

Non commercial:
Long: 67,309 (+ 24,950)
Short: 63,200 (- 24,341)

Commercial:
Long: 65,807 (-43,028)
Short: 71,021 (+ 12,578)

3 months EUR/USD:

Non commercial: Long :853,133 (+ 156,878)
Short: 504,173 (- 35,223)
  • #370,286
  • Jan 21, 2011 3:38pm Jan 21, 2011 3:38pm
Quoting okh
COT data about the EUR:

Non commercial:
Long: 67,309 (+ 24,950)
Short: 63,200 (- 24,341)

Commercial:
Long: 65,807 (-43,028)
Short: 71,021 (+ 12,578)
Thanks Okh for this info.
How do you interpret these numbers and their meanings for the trend of eu regarding Commercial/Non Commercial ?
  • #370,287
  • Jan 21, 2011 3:40pm Jan 21, 2011 3:40pm
what's next?
3700, 3780 or 4050?

Anyway, I guess we will see 1.30s in a few days.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 47 KB
  • #370,288
  • Jan 21, 2011 3:43pm Jan 21, 2011 3:43pm
Quoting mercy seat
European Forex Technicals: JPY Weakening To Extend
21 Jan 2011, 08:29

By Francis Bray
A DOW JONES NEWSWIRES COLUMN





http://cdn.forexfactory.com/images/attach/png.gif 2011-01-21_20h48_ EURUSD _ 015min _ (1100 x 800).PNG (36.1 KB)


http://cdn.forexfactory.com/images/attach/pdf.gif [url="http://www.forexfactory.com/attachment.php?attachmentid=622927&stc=1&d=1295640402"][color=#22229c]2011-01-21_08h29_European...
OK ...

One hour left until my connections will see its weekly closing/clôture ...

Not a big surprise ... but a little bit higher then traded from our side at least ... as we have had seen our major move projection as being done at 1.3563 - 1.3588 area ...

Dennoch hat mein System später einige kleine Justierungen bis in die Region von 1.36211 vorgenommen ...

New things and fresh input is looming for my systems ... although it was a lot of hard work ...

All eyes on closing/clôture ... end of week no. 3 ...

Today's result in multiple accounts with EUR/USD pair only (!) has been plus 4.9082% ... which is far beyond average on a daily basis ...

And only 114 order executions has been needed for that result ... in EUR/USD pair ...

Which means really not bad ...

So ist es nun mal ...

Overall the whole week and this whole month has not been bad to me until now ...


But my main hurdle is still waiting for me ... maybe 2011 will open the gate ...

Wir arbeiten daran ...



;-)
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-01-21_21h59_ EURUSD _ min005 _ 1100 x 800 (BarChart).PNG Size: 26 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #370,289
  • Jan 21, 2011 3:52pm Jan 21, 2011 3:52pm
2131 GMT [Dow Jones] The euro is benefiting from a widening of the yield spread of shorter-dated German bunds over equivalent Treasurys, said Scott Mather, head of global bond portfolio management at PIMCO in an interview with Dow Jones Newswires. The yield on the two-year German bund rose Friday to the highest level in more than a year. That widened its yield advantage over the two-year Treasury note, with the yield spread hitting 67.6 basis points on Friday, the widest level since January 2009, according to CQG. "This does boost the appeal of the euro," Mather said. "Interest-rate differentials [or carry trades] are often associated with currency moves."
  • #370,290
  • Jan 21, 2011 3:52pm Jan 21, 2011 3:52pm
closed at 3615 ca -5.. start over next week.
those who can, do. those who cant, talk about those who can
  • #370,291
  • Jan 21, 2011 3:54pm Jan 21, 2011 3:54pm
to roll the dice. I'm going for down. Took a small short. If goes my way I will grab the pippage, if not well it usually retraces back the original position anyway. Not always but usually.
Taigen Profit This Month: na
  • #370,292
  • Jan 21, 2011 4:00pm Jan 21, 2011 4:00pm
Quoting style2fx
Thanks Okh for this info.
How do you interpret these numbers and their meanings for the trend of eu regarding Commercial/Non Commercial ?
The simpliest data to predict was the Commercial long positions: they closed a lot of long positions. Last week they were very long and large traders were very short, so every one expected a short move. Usually large traders are right about the trend, but this week they have got it wrong and commercials, who usually get the trend wrong, were very happy to earn some money and so they closed loads of long positions
I think now no one wants to overbalance his position, the number of long positions is similar to the number of short ones. Maybe we'll se a boring market next week, with little moves instead of these big moves we have seen these days. However the 3-monht eurodollars says that the market is very bullish (take a look at the monthly chart, you can see that the bearish trend might end or might me already ended).
Something about the USD Index: two weeks before it was mostly short, last week it was bullish and now it is still bullish even if there is a little short movement (look at http://www.cftc.gov/dea/futures/deanybtsf.htm for details).
  • #370,293
  • Jan 21, 2011 4:01pm Jan 21, 2011 4:01pm
Quote
No retracement, nothing, up up up up.
...
700 pip run up in 11 days ! Be nice to see it retrace half of that next week !
...
Anyway, I guess we will see 1.30s in a few days.
We don't have to go very far back in time to find other examples of the kind of relentless, seemingly ungrounded, trends in E/U that this week looks like, if we stand to close to the action. Look at one starting in June '10, following the last serious threat of a systemic breakdown of confidence in the currency. It really had two legs, ending in Nov, 24 handles higher than the trough. In context, we're around seven handles up just now.

But note, too, that when it did end, it didn't turn on a dime; there was ample time and signals to get oriented to the new direction, for anyone who had not become blinded by the market's directional bias. What I'm saying, then, is that it's probably not necessary to try to pick a top to this move, any more than it's necessary to try to explain why it's happening, or who is making it happen.

Position speculators are long by now, the positioned shorts will have (or should have) thrown in the towel by now, and there has been ample time and ranging price action that the dealers are likely not painfully short. This move doesn't "have to" do anything right now, and we don't have to try and second guess it.

Enjoy your 36 hours off from the market!
  • #370,294
  • Jan 21, 2011 4:03pm Jan 21, 2011 4:03pm
Quoting Purple
2131 GMT [Dow Jones] The euro is benefiting from a widening of the yield spread of shorter-dated German bunds over equivalent Treasurys, said Scott Mather, head of global bond portfolio management at PIMCO in an interview with Dow Jones Newswires. The yield on the two-year German bund rose Friday to the highest level in more than a year. That widened its yield advantage over the two-year Treasury note, with the yield spread hitting 67.6 basis points on Friday, the widest level since January 2009, according to CQG. "This does boost the appeal of...
Nice catch, Purple!
  • #370,295
  • Jan 21, 2011 4:05pm Jan 21, 2011 4:05pm
I just made this chart. My first weekly in a long time. Its the most simple one I have. Bulls have it. Bears would be back with a close under 3285.
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 13 KB
Look Sharp/Trade Tight
  • #370,296
  • Jan 21, 2011 4:08pm Jan 21, 2011 4:08pm
Quoting OldQuant
This move doesn't "have to" do anything right now, and we don't have to try and second guess it.
Nice analysis!
  • #370,297
  • Jan 21, 2011 4:11pm Jan 21, 2011 4:11pm
if there is still a little bit more juice. I just keep adding to my position and it should turn around big time sometime next week. Fundamentals are becoming worthless. Bad news and the market goes up. Good news and the market goes up. The big boys have a hold of this one and they are going to do what they're going to do. But even the big boys are so big. Eventually it won't be sustained and watch out below!



Quoting OldQuant
We don't have to go very far back in time to find other examples of the kind of relentless, seemingly ungrounded, trends in E/U that this week looks like, if we stand to close to the action....
Taigen Profit This Month: na
  • #370,298
  • Jan 21, 2011 4:13pm Jan 21, 2011 4:13pm
Quoting Taigen
if there is still a little bit more juice. I just keep adding to my position and it should turn around big time sometime next week. Fundamentals are becoming worthless. Bad news and the market goes up. Good news and the market goes up. The big boys have a hold of this one and they are going to do what they're going to do. But even the big boys are so big. Eventually it won't be sustained and watch out below!
  • #370,299
  • Jan 21, 2011 4:15pm Jan 21, 2011 4:15pm
Quoting okh
The simpliest data to predict was the Commercial long positions: ...
Okh, Thanks a lot for this pertinent and fruitful analysis.

We'll see next week
  • #370,300
  • Jan 21, 2011 4:17pm Jan 21, 2011 4:17pm
Quoting pkimnyc
Can't a guy hope? C'mon baby, snake eyes!
Taigen Profit This Month: na
309 traders viewing now