EURUSD | Page 19571 | 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

  • #391,401
  • Feb 21, 2011 12:42am Feb 21, 2011 12:42am
i see eurusd and gbpusd big bulls for the moment Anticipated rise in rates being the reason.As Boe third member joins the bull camp to raise rates according to BOE member sentance Has raised hopes for BOE to raise rates in may.If that ultimately happens as expected it wont be the only rates rise that BOE will do so as always expectations is always greater than the thing itself i expect Gu to reach 1.70 handle atleast and if BOE actually start to raise we will reach near 2.00 figure if raising rates does not reduce GDP .Same is the case with ECB one of dove members raises market expectations with rate rising comments which may be seen as shifting bias in ECB as well Trichet recent rhetoric of Inflation fits in picture of rates rise soon. So i believe euro and sterling are raging bulls .Euros up movement will be slower than the sterling becoz of few weak european economies.euro is expected to have hickups to reach 1.50 figure .This all scenario should play out in 2011 till half of 2012. That should be time for fed to raise rates and then gold should start to fall and take euro and sterling down and dollar to reign for a year.MIND IT these possible scenarios have a lot of uncertain parts and any weak GDP will halt the rates rise cycles or central banks may decide to wait more or greece may default etc. any of the above will twist the picture as i see. This is one of scenarios that may play out ..
  • #391,402
  • Feb 21, 2011 12:48am Feb 21, 2011 12:48am
Quoting talentfx
you sure?
my views are pretty much sure > it depends on yours what 's say lets see the PA and find it out ?
finding A M S
  • #391,403
  • Feb 21, 2011 12:52am Feb 21, 2011 12:52am
Quoting mansaf6
i see eurusd and gbpusd big bulls for the moment Anticipated rise in rates being the reason.As Boe third member joins the bull camp to raise rates according to BOE member sentance Has raised hopes for BOE to raise rates in may.If that ultimately happens as expected it wont be the only rates rise that BOE will do so as always expectations is always greater than the thing itself i expect Gu to reach 1.70 handle atleast and if BOE actually start to raise we will reach near 2.00 figure if raising rates does not reduce GDP .Same is the case with ECB...
I disagree I believe that europe is pretty bad and I think that the middle east is even worse things look much better for US now that canada and Us broker oil sands deals also emerging markets are slowing down so developed markets are bieng infused with capital bullish dollar the euro has had a chance to go already but couldnt make it to 1.50 no steam my opinion
Ambition
  • #391,404
  • Feb 21, 2011 12:56am Feb 21, 2011 12:56am
Morning people
  • #391,405
  • Feb 21, 2011 12:58am Feb 21, 2011 12:58am
GM everyone.
  • #391,406
  • Feb 21, 2011 1:03am Feb 21, 2011 1:03am
I think it will go up.
Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 24 KB
  • #391,407
  • Feb 21, 2011 1:04am Feb 21, 2011 1:04am
Quoting talentfx
I disagree I believe that europe is pretty bad and I think that the middle east is even worse things look much better for US now that canada and Us broker oil sands deals also emerging markets are slowing down so developed markets are bieng infused with capital bullish dollar the euro has had a chance to go already but couldnt make it to 1.50 no steam
IMO there has been plenty of accumulation on recent dip on h4 and daily as we have fundamental reason to go with techs this thing should shoot up expecting price to touch 1.38 in day or so .breach of 1.38 will open gate to 1.40.time will tell
  • #391,408
  • Feb 21, 2011 1:05am Feb 21, 2011 1:05am
Quoting PayTheLimit
good luck brother, was just looking at the same thing, like the two last 15min bars, nice combination if it holds on to its gains in this bar...
These combo's dont always work, and the smaller the TF, the less chance you have. I used to use them on the daily TF, and hourly, and not in FX, mostly physical commodities. But they generally did provide low risk entries. Once the set up is identified, the close of the swing should become good support. Like I said, dont really trade them nowadays, but I do use them to identify important levels, PTL
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 25 KB
Look Sharp/Trade Tight
  • #391,409
  • Feb 21, 2011 1:05am Feb 21, 2011 1:05am
exited short going long
Ambition
  • #391,410
  • Feb 21, 2011 1:06am Feb 21, 2011 1:06am
Quoting talentfx
I disagree I believe that europe is pretty bad and I think that the middle east is even worse things look much better for US now that canada and Us broker oil sands deals also emerging markets are slowing down so developed markets are bieng infused with capital bullish dollar the euro has had a chance to go already but couldnt make it to 1.50 no steam my opinion

I am with Mansaf there at the moment. However I have EUR down at 1.44-1.48 and believe breaking 1.50 will be touch. I did not like the US jobless situation and not sure if US will push for QE3 yet (not that they would probably get the approval - but with job situation not really improving significantly it means that QE1 and 2 was not as succesful). However I do agree on your points of emerging markets and oil, however I believe that middle east might have an effect on USD too.
  • #391,411
  • Feb 21, 2011 1:08am Feb 21, 2011 1:08am
Quoting Mr Hatch
GM everyone.
gm brother...
Look Sharp/Trade Tight
  • #391,412
  • Feb 21, 2011 1:08am Feb 21, 2011 1:08am
Attached Image (click to enlarge)
Click to Enlarge Name: long.gif Size: 28 KB
Ambition
  • #391,413
  • Feb 21, 2011 1:09am Feb 21, 2011 1:09am
Quoting talentfx
exited short going long
too early..
  • #391,414
  • Feb 21, 2011 1:10am Feb 21, 2011 1:10am
Quoting talentfx
exited short going long
Why so hurry?
  • #391,415
  • Feb 21, 2011 1:10am Feb 21, 2011 1:10am
Quoting gatorinla
i closed most.. i got a bounce indi... i will look for a new place to short.
s 3694
those who can, do. those who cant, talk about those who can
  • #391,416
  • Feb 21, 2011 1:10am Feb 21, 2011 1:10am
only one trade a day...thats it.
Attached Image (click to enlarge)
Click to Enlarge Name: eur-usd.gif Size: 13 KB
  • #391,417
  • Feb 21, 2011 1:10am Feb 21, 2011 1:10am
Quoting gatorinla
s 3694
s means short?
  • #391,418
  • Feb 21, 2011 1:11am Feb 21, 2011 1:11am
Quoting talentfx
I disagree I believe that europe is pretty bad and I think that the middle east is even worse things look much better for US now that canada and Us broker oil sands deals also emerging markets are slowing down so developed markets are bieng infused with capital bullish dollar the euro has had a chance to go already but couldnt make it to 1.50 no steam my opinion

Things look worse for the US
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #391,419
  • Feb 21, 2011 1:11am Feb 21, 2011 1:11am
Quoting talentfx
exited short going long
wow...youre very fast...but i think need a close above 3710...
Money is made by sitting, not trading. Jesse L. Livermore
  • #391,420
  • Feb 21, 2011 1:11am Feb 21, 2011 1:11am
Quoting T.E.Lawrence
Why so hurry?
see something you probably dont but i lose too once in a while
Ambition
2,259 traders viewing now