EURUSD | Page 22940 | 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

  • #458,781
  • Jun 9, 2011 1:31pm Jun 9, 2011 1:31pm
I had 1.5106 as final target i think G..

I'm thinking Euro may still have possibility to hit this.... Then Trichet delivers no interest hike and kaboom



Quoting gatorinla
i don't know about 1.5 but pa indicated 4988 when we hit 4939.. but then the week closed below 2008 number. so i went with it.
Disclaimer: Check your 1m charts
  • #458,782
  • Jun 9, 2011 1:33pm Jun 9, 2011 1:33pm
what i am looking at
Attached Image (click to enlarge)
Click to Enlarge Name: forex.jpg Size: 137 KB
dreams do come true.
  • #458,783
  • Jun 9, 2011 1:34pm Jun 9, 2011 1:34pm
Quoting pipper
Still waiting G for confirmation either way for quick scalp. Charts, H4 Break, H/S all say down so not risking long yet

My targets if downside continues after bounce

1.4467.5
1.4436.4
1.4304.5
I like 4436, because then this wave down from todays top would be 1,62 x the length of its preceding down-wave
  • #458,784
  • Jun 9, 2011 1:34pm Jun 9, 2011 1:34pm
thx

Quoting AllyB
this should give you a general idea.

Cheers
  • #458,785
  • Jun 9, 2011 1:38pm Jun 9, 2011 1:38pm
also seems like a nice place for a bounce as it is the monthly pivot.

green pips

Quoting infinitus
I like 4436, because then this wave down from todays top would be 1,62 x the length of its preceding down-wave
dreams do come true.
  • #458,786
  • Jun 9, 2011 1:42pm Jun 9, 2011 1:42pm
My ABC chart attached Markus.. Hope you had a good day. Nice whipsaw action by Trichet caught me for a few


Quoting infinitus
I like 4436, because then this wave down from todays top would be 1,62 x the length of its preceding down-wave
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 212 KB
Disclaimer: Check your 1m charts
  • #458,787
  • Jun 9, 2011 1:48pm Jun 9, 2011 1:48pm
just an observation of things......

when EU was in 1.42 1.44 1.45.... few days back one can read posts like "it is gonna be 1.47 next day and 1.49 the day after"..... now we have day like today and suddenly you read ''spirit'' like it will be ''1.42 tomrrow and 1.39 the day after '' ?? I guess that is just the ''crowd excitement"....

ohh I will get hit now just trying to understand the psychology now,not the numbers
  • #458,788
  • Jun 9, 2011 1:52pm Jun 9, 2011 1:52pm
Quoting pipper
My ABC chart attached Markus.. Hope you had a good day. Nice whipsaw action by Trichet caught me for a few
Hi Pipper,

yes, that was fun today with the spikes around DPP. Very easy money.

Next time I will try it again when action pre announcement centers around DPP I place a straddle at DPP with TP of 10pips or so at each side, maybe tighter but then more Lots.


Look at your chart. Fib tol seems to have wrong placement....
  • #458,789
  • Jun 9, 2011 1:52pm Jun 9, 2011 1:52pm
Quoting sphinx8
just an observation of things......

when EU was in 1.42 1.44 1.45.... few days back one can read posts like "it is gonna be 1.47 next day and 1.49 the day after"..... now we have day like today and suddenly you read ''spirit'' like it will be ''1.42 tomrrow and 1.39 the day after '' ?? I guess that is just the ''crowd excitement"....

ohh I will get hit now just trying to understand the psychology now,not the numbers
popular delusions and the madness of crowds, aka herd psychology...
  • #458,790
  • Jun 9, 2011 1:54pm Jun 9, 2011 1:54pm
Quoting pipper
Still waiting G for confirmation either way for quick scalp. Charts, H4 Break, H/S all say down so not risking long yet

My targets if downside continues after bounce

1.4467.5
1.4436.4
1.4304.5
simple for me. 4505 is a 2008 # if week closes below. im short biased. L biased if closed above 4656 till 4695.. then if 4695 is broken (n closed) long biased til 5116 r 5158
we were unable to hold 4695 and slipped back below 4655. we tested 4655 again last night and were unable to break it. 4655 is a all time fib on the eu.
those who can, do. those who cant, talk about those who can
  • #458,791
  • Jun 9, 2011 2:02pm Jun 9, 2011 2:02pm
Interesting setup Markus.. Must check that setup out. Was on lunchbreak so had to head back to work just after Trichet speak so took the loss.

I'm using Fib Expansion tool on chart

Quoting infinitus
Hi Pipper,

yes, that was fun today with the spikes around DPP. Very easy money.

Next time I will try it again when action pre announcement centers around DPP I place a straddle at DPP with TP of 10pips or so at each side, maybe tighter but then more Lots.


Look at your chart. Fib tol seems to have wrong placement....
Disclaimer: Check your 1m charts
  • #458,792
  • Jun 9, 2011 2:05pm Jun 9, 2011 2:05pm
Will check out those levels G... If you are on about ASS chart levels, then forget it cos i know you just pull them out of your ASS

Quoting gatorinla
simple for me. 4505 is a 2008 # if week closes below. im short biased. L biased if closed above 4656 till 4695.. then if 4695 is broken (n closed) long biased til 5116 r 5158
we were unable to hold 4695 and slipped back below 4655. we tested 4655 again last night and were unable to break it. 4655 is a all time fib on the eu.
Disclaimer: Check your 1m charts
  • #458,793
  • Jun 9, 2011 2:09pm Jun 9, 2011 2:09pm
Quoting needpips
Yes....been locked and loaded since 1.42 (a tad early)....Im seeing the same.....
So you been nearly 500 pips under water ...

Interessant das ...



;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #458,794
  • Jun 9, 2011 2:12pm Jun 9, 2011 2:12pm
Quoting pf1966
Short at 1.4640

Next stop 1.4500
Did I post that yesterday morning?

Those that can, do, those that can't, teach.
  • #458,795
  • Jun 9, 2011 2:12pm Jun 9, 2011 2:12pm
Quoting pipper
Interesting setup Markus.. Must check that setup out. Was on lunchbreak so had to head back to work just after Trichet speak so took the loss.

I'm using Fib Expansion tool on chart


Oh, I see. Would be nice, when your charting software would show the lines of the connected points. :-)


Regarding the setup:

I think it is difficult to find the appropriate pip amount for TP. Maybe one should measure the ATR for the e.g. 30 min before announcement and double that amount. Any suggestions?
  • #458,796
  • Jun 9, 2011 2:17pm Jun 9, 2011 2:17pm
Quoting pipper
I had 1.5106 as final target i think G..

I'm thinking Euro may still have possibility to hit this.... Then Trichet delivers no interest hike and kaboom
Greece and others cant pay their debt now. so if he raises it just makes it harder to pay their debt with the added cost. i keep telling you guys its all smoke and mirrors. its ozz.. each time one cant pay Germany adds to its own debt. poor countries are getting poorer. the "rob peter to pay paul scam". the debt guaranteed by Germany makes Germany poorer. the way the e-union set up its books, those guarantees are not counted on real value. (not mark to market) the same thing the European banks are doing.
so you have a house of cards. incest between the banks and the governments. when he raises he will have a gun to his head. because the whole system can crash.. w/o printing they have a limited amount of cash. each time they bail out, they pull more cash out. if its not held in reserve, then you have more then one euro promised for other debt. kinda like having a 100k first, second and third mortgage on your 1975 pinto.
those who can, do. those who cant, talk about those who can
  • #458,797
  • Jun 9, 2011 2:18pm Jun 9, 2011 2:18pm
Quoting sphinx8
just an observation of things......

when EU was in 1.42 1.44 1.45.... few days back one can read posts like "it is gonna be 1.47 next day and 1.49 the day after"..... now we have day like today and suddenly you read ''spirit'' like it will be ''1.42 tomrrow and 1.39 the day after '' ?? I guess that is just the ''crowd excitement"....

ohh I will get hit now just trying to understand the psychology now,not the numbers
yes crowd excitement now can more adaptively follow the market sentiment & more accurately here following then . nothing goes striaght as if nobody loss nobody can win also & market will never run & hence market to make traps & people here not falling prey then . nice forum interaction indeed !! but alas if all have same excitements!! i doubt!

to me up & down all correct in being with much flexibilties . give some down to up here or some up to give more down , tracking all the present with the future in mind not looking the future at present time.

so chart again present action with immediate future in mind .

so come here always .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 8 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #458,798
  • Jun 9, 2011 2:20pm Jun 9, 2011 2:20pm
Sorry Markus, i tend to turn off the connected points. Will leave on in future when posting

I tend to stay out of market to be honest when possible whipsaw news is arriving

Quoting infinitus
Oh, I see. Would be nice, when your charting software would show the lines of the connected points. :-)


Regarding the setup:

I think it is difficult to find the appropriate pip amount for TP. Maybe one should measure the ATR for the e.g. 30 min before announcement and double that amount. Any suggestions?
Disclaimer: Check your 1m charts
  • #458,799
  • Jun 9, 2011 2:21pm Jun 9, 2011 2:21pm
  •  BaIdur
  • | Joined Apr 2011 | Status: Among the blind the oneeyed is king | 94 Posts
Quoting sphinx8
just an observation of things......

when EU was in 1.42 1.44 1.45.... few days back one can read posts like "it is gonna be 1.47 next day and 1.49 the day after"..... now we have day like today and suddenly you read ''spirit'' like it will be ''1.42 tomrrow and 1.39 the day after '' ?? I guess that is just the ''crowd excitement"....

ohh I will get hit now just trying to understand the psychology now,not the numbers
I've been thinkin the same since three or four days. And everything reminded me of the days before the 5th May when 90% of ppl in here were absolutely sure it would go past 1.50. This thread's like a microcosmos of the FX world...when the big majority cries LONG u might better think about selling.
i'm long n'till i'm short
  • #458,800
  • Jun 9, 2011 2:26pm Jun 9, 2011 2:26pm
Quoting gatorinla
Greece and others cant pay their debt now. so if he raises it just makes it harder to pay their debt with the added cost. i keep telling you guys its all smoke and mirrors. its ozz.. each time one cant pay Germany adds to its own debt. poor countries are getting poorer. the "rob peter to pay paul scam". the debt guaranteed by Germany makes Germany poorer. the way the e-union set up its books, those guarantees are not counted on real value. (not mark to market) the same thing the European banks are doing.
so you have a house of cards. incest...



Could not have explained it better. So true, but only few seem to understand :-(
115 traders viewing now