EURUSD | Page 21835 | 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

  • #436,681
  • May 5, 2011 2:07pm May 5, 2011 2:07pm
still havent seen a higher green candle yet... (15 min )
  • #436,682
  • May 5, 2011 2:07pm May 5, 2011 2:07pm
anybody dare to chart what Asian will do tonight?
or is it fare to say good entry for long is not yet to be clear?
  • #436,683
  • May 5, 2011 2:08pm May 5, 2011 2:08pm
Quoting samdani786
If i were you, i will get to BE @ 15/20 pips in green .
Samdani786: A wise recommendation - Thanks my friend
  • #436,684
  • May 5, 2011 2:08pm May 5, 2011 2:08pm
Quoting RamsesII
Regardless of the count, lower is in the cards.. now it's just a matter of getting the right entry on a pullback and we can re-evalute price action once we hit 1.4365
To say with halfway confidence where we are one can take a look at 4 h chart.

I think we are in subwave 5 of wave 3 down, or in subwave 5 of wave C of an ABC
  • #436,685
  • May 5, 2011 2:10pm May 5, 2011 2:10pm
what a day
will it keep going lower who knows
Attached Image (click to enlarge)
Click to Enlarge Name: chart101.gif Size: 36 KB
KEEP IT SIMPLE PIPPING
  • #436,686
  • May 5, 2011 2:12pm May 5, 2011 2:12pm
Quoting infinitus
To say with halfway confidence where we are one can take a look at 4 h chart.

I think we are in subwave 5 of wave 3 down, or in subwave 5 of wave C of an ABC


If it is the first one, wave 4 should be complex and more sideway, since wave 2 was a simple zigzag which retraced high.

Target may be the subwave 4 area (skewed triangle) between around 460 and 455 (see 15 min chart)
  • #436,687
  • May 5, 2011 2:12pm May 5, 2011 2:12pm
Don't underestimate 4467

Posted 5 hours ago:

Quoting cloggie
Not for me, we got a reversal in the making here, all the classic patterns are here and the fundies are helping us a bit.

What a muppetfest this thread has been since then.
  • #436,688
  • May 5, 2011 2:12pm May 5, 2011 2:12pm
Sooo, I have been out all day today but now I am back and I am wondering...WHAT THE H...E..double tooth picks happened today?
  • #436,689
  • May 5, 2011 2:12pm May 5, 2011 2:12pm
Quoting samdani786
If i were you, i will get to BE @ 15/20 pips in green .

its a big fall 379 pip total

this is the kind of move that makes me want to go long and catch the retracement.

for every action there is an oposite reaction, wave and counter wave.

on a bull market this is the time im looking in to buy, however im already wrestling the AUD so i dont want to over extend myself.

the picture hasnt changed, the dollar still weak, fundamentally there is nothing that can keep this long term or actually turn the market bearish.

we did have a big bullish wave advance, we are seeing a rubber band snap corrective wave. ranged for days with no clear way, once it broke out, it was like a pressure out of a volcano.

watch for mommentum loss, and proceed very carefully

it is safer to buy on panic than to buy near the top.
AVT INVENIAM VIAM AVT FACIAM
  • #436,690
  • May 5, 2011 2:12pm May 5, 2011 2:12pm
daily change in percentage 2.04 % lovin it lol broke the Daily channel
  • #436,691
  • May 5, 2011 2:16pm May 5, 2011 2:16pm
Beautiful chart what more can be said lol
Attached Image
  • #436,692
  • May 5, 2011 2:17pm May 5, 2011 2:17pm
Quoting PipChick
Sooo, I have been out all day today but now I am back and I am wondering...WHAT THE H...E..double tooth picks happened today?
just letting a little air out of the tires...thats all, take a looksy at sliver and crud...
Look Sharp/Trade Tight
  • #436,693
  • Edited 2:21pm May 5, 2011 2:17pm | Edited 2:21pm
Quoting samdani786
If i were you, i will get to BE @ 15/20 pips in green .
Samdani786: I shouldnt be trading if Im not willing to risk some pips to make pips. Entry: 1.4520 S/L 1.4480

If I lose - I tried, If I gain, I tried.

Lets see what happens
  • #436,694
  • May 5, 2011 2:18pm May 5, 2011 2:18pm
Quoting PayTheLimit
indeed...
i wouldn't be so sure on that though.
  • #436,695
  • May 5, 2011 2:19pm May 5, 2011 2:19pm
Quoting PayTheLimit
just letting a little air out of the tires...thats all, take a looksy at sliver and crud...
I saw crude so I am wondering...does this mean gas will go down for the weekend? I doubt it. But, we could just be looking for a test of the monthly bull flag TL around 4340 area.
Monthly chart:
Attached Image (click to enlarge)
Click to Enlarge Name: EU Month.gif Size: 11 KB
  • #436,696
  • May 5, 2011 2:19pm May 5, 2011 2:19pm
Quoting PipChick
Sooo, I have been out all day today but now I am back and I am wondering...WHAT THE H...E..double tooth picks happened today?
The never go down one way euro took a small fall off the cliff as the USD has started to come back from a near death experience. It is not dead yet as was repeated over and over by so many.

OOPS glad I was selling.

Hope you have a good one Chick.
Timing is everything
  • #436,697
  • May 5, 2011 2:19pm May 5, 2011 2:19pm
Coming down to my next H4 SR level at 1.4504. Right cloggie?
  • #436,698
  • May 5, 2011 2:19pm May 5, 2011 2:19pm
Building longs @ 1.4520

Potential risk-reward is brilliant.

If its a losing trade and we close below 1.4519 on H4, Short becomes equally inviting and profitable.
  • #436,699
  • May 5, 2011 2:20pm May 5, 2011 2:20pm
Quoting PipChick
Sooo, I have been out all day today but now I am back and I am wondering...WHAT THE H...E..double tooth picks happened today?
PipChick: Remember sundays PM - lets see what happens - I could be wrong or I could be right - So far the sell to 1.4525 has closed and Im in the Buy now - Lets see what happens
  • #436,700
  • May 5, 2011 2:20pm May 5, 2011 2:20pm
What a day!

This pair was overvalued.

It needed a nice healthy correction.
2,368 traders viewing now