EURUSD | Page 18519 | 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

  • #370,361
  • Jan 22, 2011 11:46am Jan 22, 2011 11:46am
Quoting attila
I mentioned this yesterday. Any chart pattern experts can either confirm it or slap me around?

http://www.forexfactory.com/showpost...stcount=370367
Thanks , I mentioned somewhere gu as possible hs but from weekly it seems not any ready for action , still may retest 1.6038 or even 1.6121 before any action weekly basis .
Daily tf seems ready & hence there may be 1-2 weeks ranging at around top regions before actuall test 1.5349 base line to validate .
good see .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 13 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #370,362
  • Jan 22, 2011 11:50am Jan 22, 2011 11:50am
Quoting attila
hmmm......
Attachment
you need to draw the TL correctly.....wrong Trendlines can cost you a lot of cash....

this TL doesnt touch any bar actually, so if you do it correctly price will have more space upwards.
Hero calls followed by margin calls...
  • #370,363
  • Jan 22, 2011 11:51am Jan 22, 2011 11:51am
Quoting Shah22
According to me the weekly key point was 3518.. and this weekly closing is above that.. 3622 is my daily rasistance and on my platform it is closed below that at 3618.. the euro next move is depend on the opening price at monday.. if the price is above 3622 then once it crossed 3652 then the next target will be 3708, 3813 and 3895 and if open below then i expect some retrace towards 3562, 3518 and 3473..

The last two week up move showing that the next weekly targets are 3951, and 4212.

My those calculation will be invalid if we got any daily...
if you see my weekly chart above.... i mention in a previous post 1.38 maybe the turning point for the euro next week... if it reaches there of course.... in the meantime i see no shorting yet - intraday wise...

hmm the psychology of keeping a trade over the weekend is killing me already... don't think i am man enough to swing trade :S
  • #370,364
  • Jan 22, 2011 11:52am Jan 22, 2011 11:52am
Quoting jaylovin
i'd like to second Hatch's statement... my chart doesn't match yours attila... sorry
Hero calls followed by margin calls...
  • #370,365
  • Jan 22, 2011 11:54am Jan 22, 2011 11:54am
Quoting kill56
lol

hows u weekend
I understand, that my comment made you laugh, but if this place is not to go completely out of hand and fall victim to so-called "geniuses" and "foreseers", or "ultimates", it has to be said. that was the second or third time, that someone tried to sell a top with that kind of chart.

weekend's been great, so far.

did a bit of reading and studying of a couple of "basics" I somehow completely missed and neglected.

this evening, I need to clean up my computer and think of a way to install Windows 7 64-bit... though that means I cannot have my beloved OS X functionality available intraday.
  • #370,366
  • Jan 22, 2011 11:55am Jan 22, 2011 11:55am
Quoting Freddyfx
With the option barrier triggered @ 1.3600 I would expect the EU to reverse hard, if I understand this correctly.

Don't know much about all this option kind of stuff, trying to get educated on it, but if what I understand so far is through, that bank needs to reverse fast or will lose money the other way around................and it seems to handle about a LOT of money.
Would make sense, it was forced up past 3600 under low liquidity...

Not being an expert on Barrier Options, is it sufficient that price has penetrated the level or does it need to be above the level at expiry time (15:00 GMT Monday)?
  • #370,367
  • Jan 22, 2011 12:33pm Jan 22, 2011 12:33pm
Hi I'm very happy with the currency market and especially with forex but still makes some mistakes but I'm excited and am looking for a tool that allows me to do so automatically if I think it may be one of the best methods of earning money. Good luck to all. I'm sorry but I'm new at this and not how it works.
  • #370,368
  • Jan 22, 2011 12:34pm Jan 22, 2011 12:34pm
Latest quote 3585 mid, but still a long way to go till 9pm GMT Sunday...
  • #370,369
  • Jan 22, 2011 12:38pm Jan 22, 2011 12:38pm
Quoting FibbinArchie
Latest quote 3585 mid, but still a long way to go till 9pm GMT Sunday...
shame my broker is closed would be good to cash in with 30 pips profit

posting a chart of eu 4h... divergence spotted - again candles tell me there is more up to come...
Attached Image (click to enlarge)
Click to Enlarge Name: rsi 4h eu.png Size: 81 KB
  • #370,370
  • Jan 22, 2011 12:55pm Jan 22, 2011 12:55pm
http://www.cnbc.com/id/41205957

whonder how will this affect market...
  • #370,371
  • Jan 22, 2011 12:56pm Jan 22, 2011 12:56pm
Quoting attila
I mentioned this yesterday. Any chart pattern experts can either confirm it or slap me around?

http://www.forexfactory.com/showpost...stcount=370367
I don't see a H&S on EU but a pennant on the weekly chart. There is major indecision. One week bad news out of EU (or good news out of US) and it drops, the following week bad news out of US (or good news out of EU) and it rises or vice versa.

I am still bullish on this pair and have been since it reversed the drop we saw at last week's open.

There is a daily supply level ~1.37 and the weekly supply level starts at ~1.40 and it is two levels on top of each other.

1.40 is not out of the question!

Attached Image (click to enlarge)
Click to Enlarge Name: 110122_eu_w1.PNG Size: 116 KB
  • #370,372
  • Jan 22, 2011 1:01pm Jan 22, 2011 1:01pm
Quoting letscry
http://www.cnbc.com/id/41205957

whonder how will this affect market...
News... I call it Olds!
  • #370,373
  • Jan 22, 2011 1:10pm Jan 22, 2011 1:10pm
Previous
http://www.forexfactory.com/showpost...stcount=362648

Current
Attached Image (click to enlarge)
Click to Enlarge Name: sun.gif Size: 19 KB

Simply in my view
If Daily close above 1.3625 then PA going to 1.38 , DX 77
  • #370,374
  • Jan 22, 2011 1:19pm Jan 22, 2011 1:19pm
and although the Fibonacci Ratio is an actual convergence of two consecutive Fibonacci numbers in the series used as a ratio whether a/b or b/a, I get.

0/1 = 0
1/1 = 1 or 100%
2/1 or rather 1/2 = 50%

...extend to say 34/55 = or is approx to .61818 or 61.8%

I can even accept that 1 - 61.8 = 38.2%

but 23.6%? Where did that come from. It's not a sequential ratio of the Fibonacci series or ratio. As a matter of fact, the only ratio is the 61.8%. All others are crude representations of a Fib ratio.

23.6% makes no sense whatsoever. Is there a why out there?
Taigen Profit This Month: na
  • #370,375
  • Jan 22, 2011 1:27pm Jan 22, 2011 1:27pm
Quoting Taigen
and although the Fibonacci Ratio is an actual convergence of two consecutive Fibonacci numbers in the series used as a ratio whether a/b or b/a, I get.

0/1 = 0
1/1 = 1 or 100%
2/1 or rather 1/2 = 50%

...extend to say 34/55 = or is approx to .61818 or 61.8%

I can even accept that 1 - 61.8 = 38.2%

but 23.6%? Where did that come from. It's not a sequential ratio of the Fibonacci series or ratio. As a matter of fact, the only ratio is the 61.8%. All others are crude representations of a Fib ratio.

23.6% makes no sense whatsoever. Is there...
The 23.6% ratio is found by dividing one number in the series by the number that is three places to the right. For example: 8/34 = 0.2352.

The 50% retracement level is not really a Fibonacci ratio, but it is used because of the overwhelming tendency for an asset to continue in a certain direction once it completes a 50% retracement.

Sauce: http://www.investopedia.com/ask/answ...etracement.asp

These ratio numbers are self-fulfilling.
  • #370,376
  • Edited 1:45pm Jan 22, 2011 1:30pm | Edited 1:45pm
Quoting egkid
Not try catch the top just my chart as i c
Have a plan of course R:R Looks good to me.
So i will take that [email protected]
C U next week.
One of reason why i sell@ 1.3620
check green and pink line on my chart
Waiting Sunday candle close to decided
PS
We r in unusual market conditions so anything possible
  • #370,377
  • Jan 22, 2011 1:32pm Jan 22, 2011 1:32pm
Quoting Taigen

23.6% makes no sense whatsoever. Is there a why out there?

0.618-0.382=0.236

0.618*0.382=0.236

off the top of my head....
Look Sharp/Trade Tight
  • #370,378
  • Jan 22, 2011 1:43pm Jan 22, 2011 1:43pm
[quote=bbakker;4335251]The 23.6% ratio is found by dividing one number in the series by the number that is three places to the right. For example: 8/34 = 0.2352.

The 50% retracement level is not really a Fibonacci ratio, but it is used because of the overwhelming tendency for an asset to continue in a certain direction once it completes a 50% retracement.

It may be a ratio using Fib #'s, it is not a Fib ratio (being a little nit picky I know) as defined by using two consecutive numbers.

Actually since the set of Fib #'s is 0,1,1,2,3,5,8,13,21,34,55,89,... , 50% is actually a Fibonacci Ratio i.e. 1/2 = 50%

Thanks for the response.
Taigen Profit This Month: na
  • #370,379
  • Jan 22, 2011 1:54pm Jan 22, 2011 1:54pm
crackforex heads
Attached Image (click to enlarge)
Click to Enlarge Name: 1w eur.gif Size: 25 KB
  • #370,380
  • Jan 22, 2011 2:18pm Jan 22, 2011 2:18pm
Quoting FibbinArchie
Latest quote 3585 mid, but still a long way to go till 9pm GMT Sunday...

FibbinArchie whats the quote now, and where our you getting these quotes from.
413 traders viewing now