EURUSD | Page 18784 | 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

  • #375,661
  • Jan 30, 2011 3:58pm Jan 30, 2011 3:58pm
Quoting PhAnTi'
yep. gmt + 0
Phanti', a very amateur newbie question here but here goes, please be so kind as to answer, it might result in some pips: mine starts in 4 mins as well and I have no positions open. I'm considering selling now, as it stands on 1.3612 atm, perhaps with an order to sell I could take this ride to where we the market is now.

I really don't know if this is technically possible but would like to know... Thanks so much

P.S.: I hope I can post already and this appears in time.
  • #375,662
  • Jan 30, 2011 3:58pm Jan 30, 2011 3:58pm
There are some that know what they are talking about and there are many who don't but are more than willing to share their thoughts as well. Many aren't hearing what you are saying. Some might ask a question of short term positioning (scalps) and you'll receive all kinds of long term strategies and visa versa.

As you develop the rules that work for you just keep that in mind.


Quoting pennyman
Well that was uncalled for. It's a newb question for sure. Just wanted to no how come i'm getting quotes and candles filling on my Oanda chart thats all.
Taigen Profit This Month: na
  • #375,663
  • Jan 30, 2011 4:01pm Jan 30, 2011 4:01pm
Quoting PhAnTi'
3586

  • #375,664
  • Jan 30, 2011 4:03pm Jan 30, 2011 4:03pm
Quoting kill56
bam closed for +35 each.

Phanti is off for sleep, see ya at london open.
Hero calls followed by margin calls...
  • #375,665
  • Jan 30, 2011 4:06pm Jan 30, 2011 4:06pm
short from friday before at 3613, just closed 3591...not too bad.
  • #375,666
  • Jan 30, 2011 4:16pm Jan 30, 2011 4:16pm
Quoting brtnspain
Phanti', a very amateur newbie question here but here goes, please be so kind as to answer, it might result in some pips: mine starts in 4 mins as well and I have no positions open. I'm considering selling now, as it stands on 1.3612 atm, perhaps with an order to sell I could take this ride to where we the market is now.

I really don't know if this is technically possible but would like to know... Thanks so much

P.S.: I hope I can post already and this appears in time.
eu bid was at 3586 before opening. where you got the 3612 from? gap trading/closing is a 40:60 thing. i actually trade them with QUIET tight sl...plays out quiet ok...

but remember that actually we dont have any gaps in forex.
hope this fits ur question.

Phanti.

N8
Hero calls followed by margin calls...
  • #375,667
  • Jan 30, 2011 4:16pm Jan 30, 2011 4:16pm
Quoting Italianguy
short from friday before at 3613, just closed 3591...not too bad.
Hero calls followed by margin calls...
  • #375,668
  • Jan 30, 2011 4:33pm Jan 30, 2011 4:33pm
...been banging on about an imminent reversal for some time, and could not live without Fibonacci studies of the standard, fan and extension kind.

The drop in EU - well, yes, one cannot ignore the potential contagion that could arise from Egypt as this would be one of those fundamental aspects to trading that has not been fully priced in.

Gold seemed to have found a punch north at close Friday, and many a point could be made about equities and the Dollar. The FT over the weekend had a good comment upon halting of capital investment into Egypt the last few days, and so it remains to be seen what will happen longer term.

I guess if Mubarak does as he is now being told by Washington and others, markets may have a few jitters while a replacement government is installed, and then settle again - somewhat. If he chooses to fight on... hmm.

Quoting cloggie
I have been watching this for months and have a few setups/levels I will need to start a very long term position trade that should pay out very handsomely. I am looking at the monthly for my trigger which also played out pip perfect, on the montly we have not seen a trigger like this for 7 years. And again the retrace was respected pip perfect at 4281, I now need confirmation for this bounce of 2872 for a seriously nice position trade. This month respected the 61.8 fib fan perfectly on the retrace, now watching what develops from here on out.

But...
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #375,669
  • Jan 30, 2011 4:41pm Jan 30, 2011 4:41pm
Quoting 45Condor
...been banging on about an imminent reversal for some time, and could not live without Fibonacci studies of the standard, fan and extension kind.

The drop in EU - well, yes, one cannot ignore the potential contagion that could arise from Egypt as this would be one of those fundamental aspects to trading that has not been fully priced in.

Gold seemed to have found a punch north at close Friday, and many a point could be made about equities and the Dollar. The FT over the weekend had a good comment upon halting of capital investment into Egypt...

The big reversal patterns on the daily and weekly pay of handsomely and I tend to get at least 2-3 going during the year aiming for 1,000 pip minimum on each. It just takes patience and the right setup to get into them. I haven't taken one yet this year (except for the small 440 pip run I documented on this thread) but am watching what we are doing here closely. 37571 is a hugely important level on the weekly and the retrace of the high from October was only briefly interupted on perfect fib extensions, not often we see that and a long term trader is not going to ignore that only to wait for another year for a setup. If this setup materialises we should be good for 1,500-2,000 pips and I will build into the position over several days/weeks.
  • #375,670
  • Jan 30, 2011 4:54pm Jan 30, 2011 4:54pm
Quoting cloggie
I got 2166
Right
  • #375,671
  • Jan 30, 2011 4:56pm Jan 30, 2011 4:56pm
Quoting gatorinla
hourly closes below 3664 and 43 invites a attack on 3575.. closes below 3575.. maybe a normal fib retrace, maybe half jan. move,
next close in 4m
those who can, do. those who cant, talk about those who can
  • #375,672
  • Jan 30, 2011 5:04pm Jan 30, 2011 5:04pm
entered long @ 1.3575, will take profit before tokyo joins the game.
actually my bias is short for the EUR/USD but not enough momentum and liquidity right now to head to 1.35 levels.
  • #375,673
  • Jan 30, 2011 5:06pm Jan 30, 2011 5:06pm
Quoting gatorinla
next close in 4m
Any important level up on your list,it could retrace to.
  • #375,674
  • Jan 30, 2011 5:07pm Jan 30, 2011 5:07pm
bought @ 1.35837 stops @ 1.35611
  • #375,675
  • Jan 30, 2011 5:08pm Jan 30, 2011 5:08pm
Quoting PhAnTi'
eu bid was at 3586 before opening. where you got the 3612 from? gap trading/closing is a 40:60 thing. i actually trade them with QUIET tight sl...plays out quiet ok...

but remember that actually we dont have any gaps in forex.
hope this fits ur question.

Phanti.

N8
Phanti, yes, it fits perfectly, thanks. 3612 was Friday's close if I remember and that's where I was getting it from... Actually you are right, my question was whether there are any gaps here, I just couldn't put it correctly - my native isn't English but am working on it constantly to keep up, sorry about that.
Good night, see you all in the morning - preferably somewhat before London comes into the picture :-)
  • #375,676
  • Jan 30, 2011 5:15pm Jan 30, 2011 5:15pm
Quoting gatorinla
next close in 4m
200 on h1 a a close below will take us to 50 then bounce
  • #375,677
  • Jan 30, 2011 5:15pm Jan 30, 2011 5:15pm
LOL, mean no rush hour traffic .. woohooooo

Quoting cloggie
Yup, fuel in the UK is now £6/$10 per gallon, we'll see $20 a gallon if the Suez is at risk. Which in itself is not too bad really, would clear the roads a bit over here.
  • #375,678
  • Jan 30, 2011 5:19pm Jan 30, 2011 5:19pm
And the weekly candle is of interesting formation.

I'm not sure of any sudden drops, and so will expect a little chop whilst the year starts, and direction is found.

I won't batter this thread with charts - you can see my puff over on Stocky Monk's thread - but we have had a nice daily rise as defined on a Guppy profile, and so a quick drop may be in order as was witnessed in August of last year, and again in November, when watching MA compression patters. Yes, I know, they lag, but are helpful nonetheless.

Attached one chart for the candle illustration - along with some standard, fan and extension fib possibilities according to this study.

Quoting cloggie
The big reversal patterns on the daily and weekly pay of handsomely and I tend to get at least 2-3 going during the year aiming for 1,000 pip minimum on each. It just takes patience and the right setup to get into them. I haven't taken one yet this year (except for the small 440 pip run I documented on this thread) but am watching what we are doing here closely. 37571 is a hugely important level on the weekly and the retrace of the high from October was only briefly interupted on perfect fib extensions, not often we see that and a long term trader...
Attached Image (click to enlarge)
Click to Enlarge Name: euw.gif Size: 45 KB
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #375,679
  • Jan 30, 2011 5:21pm Jan 30, 2011 5:21pm
Quoting cloggie
The big reversal patterns on the daily and weekly pay of handsomely and I tend to get at least 2-3 going during the year aiming for 1,000 pip minimum on each. It just takes patience and the right setup to get into them. I haven't taken one yet this year (except for the small 440 pip run I documented on this thread) but am watching what we are doing here closely. 37571 is a hugely important level on the weekly and the retrace of the high from October was only briefly interupted on perfect fib extensions, not often we see that and a long term trader...
Shhh don't tell everyone lol.
  • #375,680
  • Jan 30, 2011 5:22pm Jan 30, 2011 5:22pm
Quoting ukcool
Any important level up on your list,it could retrace to.
its below the 3593.5 area already .. a big place.. go back and read posted things, from Friday.
those who can, do. those who cant, talk about those who can
436 traders viewing now