EURUSD | Page 18931 | 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

  • #378,601
  • Feb 3, 2011 4:56am Feb 3, 2011 4:56am
Trading Idea: Primary trade is a long with confirmation above the rising trend support around 1.3790 as long as the trend holds. Targets at 3820, 3845, 3875 and 3900.
Secondary trade is a short on a sustained break of 3770-3775 support area with targets at 3750 (around 38.2% retracement of recent bullish advance), 3725, 3700 and 3670.
3750 will be a key support to watch for any shorts or bearish movements as it is the 38.2% retracement of the Jan 30th – Feb 2nd rise. A break below here indicates further losses. A bounce here will have us looking long for another re-challenge of 1.4000.
  • #378,602
  • Feb 3, 2011 4:57am Feb 3, 2011 4:57am
i am kinda bearish...
Attached Image (click to enlarge)
Click to Enlarge Name: forex618.gif Size: 31 KB
  • #378,603
  • Feb 3, 2011 4:57am Feb 3, 2011 4:57am
Quoting ldre
this is getting boring and no fights on the forum to cheer me up

I agree the muppet army is awfully quiet today, continued buying yesterday's drop must have hit their account pretty badly.
  • #378,604
  • Feb 3, 2011 4:58am Feb 3, 2011 4:58am
Quoting cloggie
3730-3738 will be the next area to fight over once this one goes. It will be boring till ECB in 2 hours. There is another 80 pips at least in the making, just a matter of watiting for it. Not going to look for longs and will use the same as yesterday, sell the rallies. IC and ISM may give us a little boost too later on.

Short biased and have not seen anything yet to change that. Can't wait to get 3770 out of the way.
Same page -
3740 will be fought over.
  • #378,605
  • Feb 3, 2011 5:01am Feb 3, 2011 5:01am
Quoting ukdaytrader
Same page -
3740 will be fought over.

Technically the 15 is holding up the procession right now. Give it time, we just need a few dozen more retailers here buying it and then she'll be ready to drop. Always a good indicator when 20-30 muppets here buy this, then she drops.
  • #378,606
  • Feb 3, 2011 5:02am Feb 3, 2011 5:02am
Quoting cloggie
3730-3738 will be the next area to fight over once this one goes. It will be boring till ECB in 2 hours. There is another 80 pips at least in the making, just a matter of watiting for it. Not going to look for longs and will use the same as yesterday, sell the rallies. IC and ISM may give us a little boost too later on.

Short biased and have not seen anything yet to change that. Can't wait to get 3770 out of the way.
i got 721

Quoting primzvicious
first target 721
Verily, in every difficulties there is relief
  • #378,607
  • Feb 3, 2011 5:04am Feb 3, 2011 5:04am
Quoting cloggie
3730-3738 will be the next area to fight over once this one goes. It will be boring till ECB in 2 hours. There is another 80 pips at least in the making, just a matter of watiting for it. Not going to look for longs and will use the same as yesterday, sell the rallies. IC and ISM may give us a little boost too later on.

Short biased and have not seen anything yet to change that. Can't wait to get 3770 out of the way.
as i posted earlier i am short on eur and gbp .
it feels good when i see confirmation to the same way i think!

actually eying the aud usd, but i think i will wait for the numbers coming out from the us before i do that as i dont want to bet against the dollar across the board!
  • #378,608
  • Feb 3, 2011 5:04am Feb 3, 2011 5:04am
Quoting cloggie
Technically the 15 is holding up the procession right now. Give it time, we just need a few dozen more retailers here buying it and then she'll be ready to drop. Always a good indicator when 20-30 muppets here buy this, then she drops.
We're not done here just yet. There has been increased volume in today's moves and we're getting some short TF pins, so bulls not exhausted yet.
1hr trend taken shape.
15m trend needs to break support.
5m trend ditto 15m.
  • #378,609
  • Feb 3, 2011 5:05am Feb 3, 2011 5:05am
Quoting PayTheLimit
what are your thoughts about the 3659/70 area , if any?

Just had another look a bit deeper and I have 3600-3630 as a further retrace. I always finetune the levels once the move starts. This is H4 territory and that will take a few fundamentals to swing the tide.
  • #378,610
  • Feb 3, 2011 5:06am Feb 3, 2011 5:06am
Quoting primzvicious
i got 721
Open up a 1 or 4hr chart and draw a line at 1.374.
  • #378,611
  • Feb 3, 2011 5:08am Feb 3, 2011 5:08am
Quoting ukdaytrader
How many posts are you going to make today....?
it doesnt matter how many posts s.o. have?

i post as many i need to tell and show you the stuff and thoughts i want to...
Hero calls followed by margin calls...
  • #378,612
  • Feb 3, 2011 5:08am Feb 3, 2011 5:08am
Quoting ukdaytrader
Open up a 1 or 4hr chart and draw a line at 1.374.
lol as i said it is first target... i dont mention next target yet

edit: oops i misundestood your statement i thought you said 1.347 and i had 1.3462
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 22 KB
Verily, in every difficulties there is relief
  • #378,613
  • Feb 3, 2011 5:10am Feb 3, 2011 5:10am
Quoting Larseg
I see youre on a learning curve Phanti, hows it going?
Are you beating the odds?
nice day today so far.

+34.

lets see, will sell high.

Phanti
Hero calls followed by margin calls...
  • #378,614
  • Feb 3, 2011 5:11am Feb 3, 2011 5:11am
Quoting cloggie
Technically the 15 is holding up the procession right now.

The 15 is doing its thang.
  • #378,615
  • Feb 3, 2011 5:11am Feb 3, 2011 5:11am
Quoting alexxi
as i posted earlier i am short on eur and gbp .
it feels good when i see confirmation to the same way i think!

actually eying the aud usd, but i think i will wait for the numbers coming out from the us before i do that as i dont want to bet against the dollar across the board!
I'm the opposite, I get nervous.... "and starts the head scratchin"
  • #378,616
  • Feb 3, 2011 5:11am Feb 3, 2011 5:11am
Price not really making any HH'S as such pending sell at 1.3765
1st t.p 1.3745 and B.E
2nd t.p 1.3730
3rd t.p 1.3710
Initial s.l 1.3795 and then will be moved on top of counter rallies.
nice plan...Only thing left is getting my balls in order,hopefully they co-operate
  • #378,617
  • Feb 3, 2011 5:13am Feb 3, 2011 5:13am
Quoting cloggie
Just had another look a bit deeper and I have 3600-3630 as a further retrace. I always finetune the levels once the move starts. This is H4 territory and that will take a few fundamentals to swing the tide.
Yes, H4 territory. Cant say I'll completely sold on the idea of a break just yet. But I am convinced that 3747/69 is key right now. Was a good mofu day before yesterday, and held the break from 3860. Another thing I'm watching is the good bear candle from today, that should cap any rallies if we are going down.
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 23 KB
Look Sharp/Trade Tight
  • #378,618
  • Feb 3, 2011 5:14am Feb 3, 2011 5:14am
Quoting PayTheLimit
Yes, H4 territory. Cant say I'll completely sold on the idea of a break just yet. But I am convinced that 3747/69 is key right now. Was a good mofu day before yesterday, and held the break from 3860. Another thing I'm watching is the good bear candle from today, that should cap any rallies if we are going down.

I am the same, one day at a time.
  • #378,619
  • Feb 3, 2011 5:14am Feb 3, 2011 5:14am
Quoting cloggie
The 15 is doing its thang.
Cloggie, what do you mean with the 15? the timeframe?
  • #378,620
  • Feb 3, 2011 5:14am Feb 3, 2011 5:14am
why is it always so dificult to hold on... already playing with the idea to lose completly the trade.

i know i should just sit on it especially when i already took out some profit.

well i guess i am still new and got to learn!
Attached Image (click to enlarge)
Click to Enlarge Name: Dibujo3.jpg Size: 142 KB
583 traders viewing now