EURUSD | Page 19100 | 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

  • #381,981
  • Feb 8, 2011 6:57am Feb 8, 2011 6:57am
Quoting Sunsi
Thanks.

As I am sure you have observed, EU got some bad numbers out of German.
Do you think this will add more presure to the Euro, compared to the preasure commodite currencies get from the rate hike.?

EU is having one of those silly days where the fundies are pushing her down and the techies are pulling her up, the 30/H1/H4 are still bullish and need to line up with the fundies to get a decent trade going, till then we are in scalping territory, the techs are still in charge.
  • #381,982
  • Feb 8, 2011 6:57am Feb 8, 2011 6:57am
Quoting 45Condor
...and following on from Cloggie's response, CAD news in 20 mins may show market hand now that Chinese rate has been digested.
Yupp. Would not be surpriced if EU follow`s UC after the trade.
  • #381,983
  • Feb 8, 2011 6:58am Feb 8, 2011 6:58am
its good to see there are still people who look after the new comers
Thanks Cloggie


Quoting cloggie
Not so ignorant to spot a scammer a mile away:



For those who don't know who Bruce is, he took ten's of thousands of dollars from noobies over at Oanda under the name Diamond according to Cindy (thanks Cindy):




He was also active here under the name warren forex: http://www.forexfactory.com/warren*forex

Yes I go belligerent at times, but every single person that I come down on has since be found out to be a scammer and has been subsequently banned.

On any given day, there are 100's of fraudsters lurking here looking...
  • #381,984
  • Feb 8, 2011 6:58am Feb 8, 2011 6:58am
Quoting cloggie
EU is having one of those silly days where the fundies are pushing her down and the techies are pulling her up, the 30/H1/H4 are still bullish and need to line up with the fundies to get a decent trade going, till then we are in scalping territory, the techs are still in charge.
Thanks Cloggie.
  • #381,985
  • Feb 8, 2011 7:00am Feb 8, 2011 7:00am
Quoting buonvangvn
short again 1.3650
out +10 pips
  • #381,986
  • Feb 8, 2011 7:00am Feb 8, 2011 7:00am
Just curious...who is the originator of the term muppet on this thread/forum?
  • #381,987
  • Feb 8, 2011 7:00am Feb 8, 2011 7:00am
Quoting PayTheLimit
Next level I have is 3657/70...and I'm looking at 3607/14 as support..
still watching these levels....
Look Sharp/Trade Tight
  • #381,988
  • Feb 8, 2011 7:01am Feb 8, 2011 7:01am
Pip machine is back

Quoting buonvangvn
out +10 pips
  • #381,989
  • Feb 8, 2011 7:01am Feb 8, 2011 7:01am
Quoting hkkhanus
its good to see there are still people who look after the new comers
Thanks Cloggie

IT p!sses me of royally when retailers that fail think it is alright to come in here and try to make money in this business by ripping of the noobs. Trading is not hard, put your back into it and you will make it in this business, for some it takes a few months, for some a few years, but if you keep going you will eventually make it.
  • #381,990
  • Feb 8, 2011 7:02am Feb 8, 2011 7:02am
Agree!

Quoting cloggie
IT p!sses me of royally when retailers that fail think it is alright to come in here and try to make money in this business by ripping of the noobs. Trading is not hard, put your back in it and you will make it in this business, for some it takes a few months, for some a few years, but if you keep going you will eventually make it.
  • #381,991
  • Feb 8, 2011 7:02am Feb 8, 2011 7:02am
It go against I see , will wait it done .3630-22 to bounce pehaps & next short to see .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 12 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #381,992
  • Feb 8, 2011 7:02am Feb 8, 2011 7:02am
Quoting DarkWolF
No trader wins 100% of the time, if they claim they do then !!!!! All traders will take losses, its just part of trading.

As far as I am concerned if I take a loss and I follow my plan stick to my stops then I still consider it a good trade.

If I break my plan then that is a break of discipline and considered a bad trade.

Plan the trade.... Trade the plan
True... but some get really close to 100%

In case you haven't seen it before:
http://www.forexfactory.com/showthread.php?t=237814

Check out those links
  • #381,993
  • Feb 8, 2011 7:03am Feb 8, 2011 7:03am
Quoting Mr Bull
True... but some get really close to 100%

In case you haven't seen it before:
http://www.forexfactory.com/showthread.php?t=237814

Check out those links
Indeed they do.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #381,994
  • Feb 8, 2011 7:03am Feb 8, 2011 7:03am
Charts for me are hit and miss today for those that want to enter longer-term trades.

I like the idea of a topping on the Aussie, but not sure that it is ready just yet.

That said, China rate hike must surely have stopped a lot of traders from speculation, and so expect some chop for a while as money in transferred back to US Dollar.

I seriously doubt that the UK will raise rates too soon - Thursday show - and with Trichet ruling it out, perhaps it is buy the rumour for Cable, and then sell the news; and then as the mess that is Europe unfurls for the March showdown, the dollar will gain against all as the implications for risk in Europe become a little heavy, and the rapant inflation in China scares speculators away from pushing capital East.

Who knows -

Quoting Sunsi
Yupp. Would not be surpriced if EU follow`s UC after the trade.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #381,995
  • Feb 8, 2011 7:04am Feb 8, 2011 7:04am
Hi all, hope to you all green pip. This is my first post, hope you guys accept me as a friend to you all, my name is Jack and I live in Lebanon. Don't have that much experience in the domain, but I'm here to learn from you. I wish all the best to all
  • #381,996
  • Feb 8, 2011 7:04am Feb 8, 2011 7:04am
Quoting cloggie
EU is having one of those silly days where the fundies are pushing her down and the techies are pulling her up, the 30/H1/H4 are still bullish and need to line up with the fundies to get a decent trade going, till then we are in scalping territory, the techs are still in charge.
Looks like that is excatley what`s going on.

I also have a theory that we haven`t seen the impact of the rate hike quite yet, because of the CNY bank holiday. And that it`s likely to see more of a movement in the NY session.

Is this plain stupid, or am I on to something ?
  • #381,997
  • Feb 8, 2011 7:06am Feb 8, 2011 7:06am
Quoting Sunsi

Is this plain stupid, or am I on to something ?

Nah, you got it. The best days are when the fundies agree with the techs, always good for 100-120 pip trades with hardly any pullback. Days like this you need to adjust your strategy and just take what the market gives you. Once it all makes sense again, you are good for a runner.

This is why you need to be adaptable as a trader and know what setups to use on which days, no single strategy/method will work on each and every day and recognising that will improve your trading with leaps and bounds.

I am a big fundie/news guy as I use it to judge when the techies and fundies are going in the same direction, that gives you the big trades, knowing when to adjust your strategy is vital to survive and prosper.
  • #381,998
  • Feb 8, 2011 7:07am Feb 8, 2011 7:07am
Cloggie just posted that commodity currencies should weaken with China's interest rate hike. I just went back to Oct 20 and Dec 27 and found that they were flat or up sharply over the next few days on the last two 25bp interest rate hikes. So - I'm not sure what time frame Cloggie is talking about. I see commodity/com cur weakness for the moment, but I question whether they will be down in the days ahead...just something to look into and verify. If someone sees something different, do share...
  • #381,999
  • Feb 8, 2011 7:07am Feb 8, 2011 7:07am
always said that cloggie is one of the fair ones....
never ve been in struggle with him...

i dont know why so many blaming and flaming about him....
just call on him and his statements + advices....
Hero calls followed by margin calls...
  • #382,000
  • Feb 8, 2011 7:08am Feb 8, 2011 7:08am
Quoting fontu
It go against I see , will wait it done .3630-22 to bounce pehaps & next short to see .
fontu
NY is live and angry
i think 3620 will break soon.
550 traders viewing now