EURUSD | Page 20101 | 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

  • #402,001
  • Mar 7, 2011 10:40am Mar 7, 2011 10:40am
Quoting fxpreacher
Not sure why but my trigger finger isn't a quick today. The weekend maybe. Who knows.
I don't have a trigger finger ... in forex ..

"slow & steady wins the race"
  • #402,002
  • Mar 7, 2011 10:41am Mar 7, 2011 10:41am
nice Indi you have here can you share it.

Quoting buonvangvn
h1
  • #402,003
  • Mar 7, 2011 10:42am Mar 7, 2011 10:42am
If we can get below 1395, I'd give a lot more credence to the downside.
At the moment, they're playing off the DPP to catch the weak position holders on either side of the exchange.

MR1 is key. We haven't had a close below it since Friday.

The line in the sand is 1380. We could easily retrace to there and bounce off the WS1.

A deeper correction would put the MPP into play, and ultimately the 3670 area. This is a really good downside target and my choice if we break 1380.

Under that all shit breaks loose so it may hold.

anyway,

to each his own, and let's see what they do here at the DPP. it's the first line of defense, if it holds. 14100 next.

  • #402,004
  • Mar 7, 2011 10:44am Mar 7, 2011 10:44am
Quoting Texas.Rich
I don't have a trigger finger ... in forex ..

"slow & steady wins the race"
But if you scalp... you have to fire quickly.
  • #402,005
  • Edited 11:02am Mar 7, 2011 10:44am | Edited 11:02am
Quoting gatorinla
4018.9 4017.4 may find support. if it gets to 4006.6.. i aint touching a long. i had a short trigger.. but it wasn't fully loaded till we went down some. ill wait to see if it re-sets. maybe at 4059 area .. minor bear is 4006.6
3979.8 is next bear. we may bounce there or just below.
those who can, do. those who cant, talk about those who can
  • #402,006
  • Mar 7, 2011 10:47am Mar 7, 2011 10:47am
Quoting fxpreacher
But if you scalp... you have to fire quickly.
no you don't, not if you have a good tech set-up and plan ... most of my scalps are 'predetermained', it just depends on which scalps become active.

Like right now, I look at my last silver chart from 5 minutes ago, I closed that short & opened a long and just closed it and went short again ... all pre-planned of what 'could' happen ...
  • #402,007
  • Mar 7, 2011 10:47am Mar 7, 2011 10:47am
Quoting Fudomyo
If we can get below 1395, I'd give alot more credence to the downside.
if you're talking 3950, total agreement with you...
Look Sharp/Trade Tight
  • #402,008
  • Mar 7, 2011 10:48am Mar 7, 2011 10:48am
Quoting cloggie
A long in the middle of a range forming is just gambling in my book. I try to limit the time a trade spends as an unknown. But heck, what do I know. If you feel you have to gamble, the short would have been the better option.
Quoting cloggie
I am roughly looking at the same numbers. 4032/3977 EU.

Nuf said.

Still wonder why so many here are so desperate to trade middle of ranges without having a clue of the direction but solely biased on higher TF directions. If a retailer cannot figure out how to spot ranges forming and cannot see supply/demand areas on lower TF's then gambling is the last thing he/she should consider and never ever enter a higher TF biased trade on lower TF ranges.
  • #402,009
  • Mar 7, 2011 10:49am Mar 7, 2011 10:49am
drop >>1.391
  • #402,010
  • Mar 7, 2011 10:50am Mar 7, 2011 10:50am
Quoting PayTheLimit
if you're talking 3950, total agreement with you...
yes. this is the gateway, but watch 3890 area, it may prove tough.
  • #402,011
  • Mar 7, 2011 10:50am Mar 7, 2011 10:50am
Quoting mercy seat
ZigZag A-B-C

1.4055 1.4005
1.4045 1.3996
1.4036 1.3986
1.4026 1.3975
1.4017 1.3965
1.4005 1.3956
1.3996 1.3946
1.3986 1.3937



Rest rausgeknallt bei 1.3997/ 96 ...

Und gut iss ...



;-|

So und hier ist sie ... gute Nacht und Bye Bye, es kommt jetzt die LONDON Spaßbremse ...



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-05-07_17h45_ EURUSD _ min015 _ (200) candle + PP + TL.PNG Size: 26 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #402,012
  • Mar 7, 2011 10:50am Mar 7, 2011 10:50am
Quoting Texas.Rich
this is all lining up for a USD rally

Silver forming with LH's & LL's in short term ... profit taking for new highs for past few days?
Out until some clarity on action with a close above channel or below support.
Attached Image (click to enlarge)
Click to Enlarge Name: out.jpg Size: 69 KB
  • #402,013
  • Mar 7, 2011 10:52am Mar 7, 2011 10:52am
Quoting Texas.Rich
Out until some clarity on action with a close above channel or below support.
duh, looked right past it .. we just completed a quick 5m Elliot series {or are completing} ... looking for a base to form and then consolidation ...

update : channel support broken, looking for close below support to turn res.
Attached Image (click to enlarge)
Click to Enlarge Name: wave.jpg Size: 74 KB
  • #402,014
  • Mar 7, 2011 10:53am Mar 7, 2011 10:53am
lol we are at clogg 269 and waiting for 200 on 15
  • #402,015
  • Mar 7, 2011 10:54am Mar 7, 2011 10:54am
Quoting Texas.Rich
no you don't, not if you have a good tech set-up and plan ... most of my scalps are 'predetermained', it just depends on which scalps become active.

Like right now, I look at my last silver chart from 5 minutes ago, I closed that short & opened a long and just closed it and went short again ... all pre-planned of what 'could' happen ...
To each their own.
  • #402,016
  • Mar 7, 2011 10:55am Mar 7, 2011 10:55am
key area ahead, dont think I'll see something this hour, maybe the next....
Attached Image (click to enlarge)
Click to Enlarge Name: chart 1.gif Size: 15 KB
Look Sharp/Trade Tight
  • #402,017
  • Mar 7, 2011 10:57am Mar 7, 2011 10:57am
$ up is this ghdafi effect?
  • #402,018
  • Mar 7, 2011 10:57am Mar 7, 2011 10:57am
hold 6 short (+100) ,target 1.3930>>10
Attached Image (click to enlarge)
Click to Enlarge Name: buonvangvn_____yahoo____com.gif Size: 28 KB
  • #402,019
  • Mar 7, 2011 11:00am Mar 7, 2011 11:00am
Quoting cloggie
Nuf said.

Still wonder why so many here are so desperate to trade middle of ranges without having a clue of the direction but solely biased on higher TF directions. If a retailer cannot figure out how to spot ranges forming and cannot see supply/demand areas on lower TF's then gambling is the last thing he/she should consider and never ever enter a higher TF biased trade on lower TF ranges.
Would agree but there isn't one 'correct' trading plan ... Rake em & stack em works well for range trading even though it takes 24-72 hours to make a negative go positive.

I agree with you, but we all have made the mistake of not exiting a bad trade. That is why the term 'learn from experience' is out there. Wisdom is developed through experience and not age.

What is that old saying, "to many chiefs ... not enough Indians" ... well it seems in forex it is required to be a chief to advance but there are to many Indians.
  • #402,020
  • Mar 7, 2011 11:00am Mar 7, 2011 11:00am
Quoting gatorinla
3979.8 is next bear. we may bounce there are just below.
3974.7 3961.8 3931.7 3914.7 3903.6 3875 3857.9 i look for bear weakness/strength here.
those who can, do. those who cant, talk about those who can
1,150 traders viewing now