EURUSD | Page 19257 | 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

  • #385,121
  • Feb 11, 2011 12:38pm Feb 11, 2011 12:38pm
Quoting AllyB
You are right on there ... usually I exit too early but either way you lose pips. Got some studying to do this weekend I see
Try and target different levels of support / resistance.

For instance, on this down move, just simply taking a look at the last swing low at 1.3506 would have made a decent exit for you. Would have missed out on 8 pips to the downside, but better then giving back 20.

Then again, you never know how price is going to behave at levels, so the idea would be to take half off here or maybe .25. And give the rest a chance at making a few more pips or giving some back, but not leveraged as high!
  • #385,122
  • Feb 11, 2011 12:41pm Feb 11, 2011 12:41pm
Next station: Iran?!?
  • #385,123
  • Feb 11, 2011 12:41pm Feb 11, 2011 12:41pm
Quoting infinitus
Hi OldQuant,

yes, you are right.

If we follow Prechter himself, then we get his all at same market theory, where you can see all asset classes drop. Only USD will strength (that has to do with USD denominated debt that everywhere will collapse, thus making the remaining USD stronger).

For that to explain I would need to have more time but I have not yet. If interested I will write on the weekend.

Have a nice weekend,

Markus
Please don't do so on my account; it would be an interesting analysis, nonetheless.

Prechter, of course, does not need "stories" to coincide with the long wave analytics, but the world in general does. And the story of commodity price deflation, following a great run-up, due to fiat bankruptcy and revaluation, and economic contraction, could be just that tale. The Austrian school guys would love it.
  • #385,124
  • Feb 11, 2011 12:48pm Feb 11, 2011 12:48pm
Quoting mercy seat
And overall ... the market cannot be named bearish ... just because we saw a drift down for a while ... was not a big deal ...

Ok ok ... 30 hours mildly slide down ... not a reason to call out a crash ...

Und schon wird wieder die Kurve gekratzt ... but then it is not a big bang as well ... but risk is rising on the upside now ... as major move might have been done soon ...

Be aware of that ... and take a trade ... come to a decision ...



;-)

It is Friday ... and therefore we have covered all our positions now ...

Just for security reasons of course ... wat'n sonst ...

In the time between I found a nice Article in FAZ.NET referring to Mr. Axel Weber who denied to make the dirty Job for "Merkel das Ferkel" ...


http://www.forexfactory.com/images/attach/pdf.gif 2011-02-11_17h58_Kommentar; Weggeworfen - Der Kommentar - Wirtschaft - FAZ.NET.pdf (25.3 KB)


Kurzum ... man kann ja sagen was man will ... aber der Mann hat Format ...




;-|
Attached File(s)
File Type: pdf 2011-02-11_17h58_Kommentar; Weggeworfen - Der Kommentar - Wirtschaft - FAZ.NET.pdf   25 KB | 278 downloads
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #385,125
  • Feb 11, 2011 12:49pm Feb 11, 2011 12:49pm
Quoting Venice
Try and target different levels of support / resistance.

For instance, on this down move, just simply taking a look at the last swing low at 1.3506 would have made a decent exit for you. Would have missed out on 8 pips to the downside, but better then giving back 20.

Then again, you never know how price is going to behave at levels, so the idea would be to take half off here or maybe .25. And give the rest a chance at making a few more pips or giving some back, but not leveraged as high!
I have heard of a couple different methods to use. I think it's time I figure out what works best for me. Ah, remember the days when you made any pips it was a good trade ... I do believe it's time to refine, fine tune my system even more Thanks for your suggestion and will compare what you have said against my charts this weekend. You have a great weekend!
  • #385,126
  • Feb 11, 2011 12:49pm Feb 11, 2011 12:49pm
Quoting TheSwede

  1. What does " 55 came of the 30" mean


Look at your M30 and you'll find it.

Quoting TheSwede

  1. I have also had a look at the chart you posted earlier and have a question why 1.3387 is not on it.


Because 3387 is not an SR on the H4 so it's not on my asschart. IT is not of major interest to me and is only a speedbump.
  • #385,127
  • Feb 11, 2011 12:58pm Feb 11, 2011 12:58pm
Quoting AllyB
I have heard of a couple different methods to use. I think it's time I figure out what works best for me. Ah, remember the days when you made any pips it was a good trade ... I do believe it's time to refine, fine tune my system even more Thanks for your suggestion and will compare what you have said against my charts this weekend. You have a great weekend!
You as well! Adjusting our system is always part of the game as well... the markets are ever evolving and we must keep up, or be chewed up and spit out.
  • #385,128
  • Feb 11, 2011 1:00pm Feb 11, 2011 1:00pm
Quoting FibbinArchie
yeah, I'm also expecting a close near the low...
the bulls want above 3580
those who can, do. those who cant, talk about those who can
  • #385,129
  • Feb 11, 2011 1:00pm Feb 11, 2011 1:00pm
Ok, I must have missed something, cant tell the difference of an SR and a speedbump. Take a look at the attached charts.


Quoting cloggie
Look at your M30 and you'll find it.




Because 3387 is not an SR on the H4 so it's not on my asschart. IT is not of major interest to me and is only a speedbump.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 39 KB
Click to Enlarge Name: chart2.gif Size: 36 KB
  • #385,130
  • Feb 11, 2011 1:01pm Feb 11, 2011 1:01pm
Quoting gatorinla
the bulls want above 3580
pushing, but looks like algo drift to me and still well within the confines of the wedge...
  • #385,131
  • Feb 11, 2011 1:03pm Feb 11, 2011 1:03pm
Quoting FibbinArchie
pushing, but looks like algo drift to me...
Yep. We'll see if they switch around 3-3:30....
  • #385,132
  • Feb 11, 2011 1:04pm Feb 11, 2011 1:04pm
Quoting PriceVolume
Yep. We'll see if they switch around 3-3:30....
est? I'm on gmt so would make it 8-8.30 my time, ny official close...
  • #385,133
  • Feb 11, 2011 1:05pm Feb 11, 2011 1:05pm
Quoting FibbinArchie
est?
Yep.
  • #385,134
  • Feb 11, 2011 1:05pm Feb 11, 2011 1:05pm
Hmm, maybe up to 3540 then continue down.
  • #385,135
  • Feb 11, 2011 1:06pm Feb 11, 2011 1:06pm
Quoting FibbinArchie
pushing, but looks like algo drift to me and still well within the confines of the wedge...
now testing the upper boundary...
  • #385,136
  • Feb 11, 2011 1:12pm Feb 11, 2011 1:12pm
should have done this up , long closed & short to see & keep.
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 9 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #385,137
  • Feb 11, 2011 1:17pm Feb 11, 2011 1:17pm
Looks like bullish divergence on 4hr???
Attached Image
Do not follow my trades. Trade what you see on your own charts.
  • #385,138
  • Feb 11, 2011 1:19pm Feb 11, 2011 1:19pm
Quoting Venice
Hmm, maybe up to 3540 then continue down.
Eh, whatever, I'll pull +12 off here. ZzzzzZZZZ. It's nap time.
  • #385,139
  • Feb 11, 2011 1:23pm Feb 11, 2011 1:23pm
Quoting mercy seat
It is Friday ... and therefore we have covered all our positions now ...

Just for security reasons of course ... wat'n sonst ...

In the time between I found a nice Article in FAZ.NET referring to Mr. Axel Weber who denied to make the dirty Job for "Merkel das Ferkel" ...


http://www.forexfactory.com/images/attach/pdf.gif 2011-02-11_17h58_Kommentar; Weggeworfen - Der Kommentar - Wirtschaft - FAZ.NET.pdf (25.3...


http://www.forexfactory.com/images/attach/pdf.gif 2011-02-11_11h02_Merkel will Weber zu baldigem Rücktritt drängen - Presse.pdf (7.3 KB)


And look look ... funny ... all those notorious "shorty guys" do cover as well now ...

hehe ^^

ja ja ...

And Miss Piggy Merkel looks a bit pissed ...

How about a Greece EZB-Vorstand ... or someone from the Polakei ... ? !



;-|
Attached File(s)
File Type: pdf 2011-02-11_11h02_Merkel will Weber zu baldigem Rücktritt drängen - Presse.pdf   7 KB | 387 downloads
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #385,140
  • Feb 11, 2011 1:27pm Feb 11, 2011 1:27pm
Quoting mercy seat
http://www.forexfactory.com/images/attach/pdf.gif 2011-02-11_11h02_Merkel will Weber zu baldigem Rücktritt drängen - Presse.pdf (7.3 KB)


And look look ... funny ... all those notorious "shorty guys" do cover as well now ...

hehe ^^

ja ja ...

And Miss Piggy Merkel looks a bit pissed ...

How about a Greece EZB-Vorstand ... or someone from the Polakei ... ? !



;-|
1,179 traders viewing now