EURUSD | Page 23221 | 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

  • #464,401
  • Jun 16, 2011 2:25pm Jun 16, 2011 2:25pm
Quoting Magix
I been looking for the daily 200 to be challanged, and at that point will see what kind of reaction we can expect...

Simplicity talking here, we have a previously Lower High, will we create a Lower Low now or bounce off of support...

On the shorter TF side of things, the sells have been working out pretty fecking good, but that ain't to say I haven't cashed in some chips on the long side of things.

Trading the daily chart, well, things take time to mature and complete, but given the current scope of things, and because I do infinitely better...

can i get on your nerves here-- but be friendly - dont jamm me with ya lingo here-

when ever you have triangle - then your waves up and down - MUST be @ 78.6 fibs or is 99.9% @ 78.6 fibs - highs' and lows - so your triangle is not wrong,but if it is one,then it will get a bit wider at the top as you will see the 78.6 fib as about right at the untest ress @ 1.47xx -

like this chart
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-06-16_2123.png Size: 32 KB
  • #464,402
  • Jun 16, 2011 2:25pm Jun 16, 2011 2:25pm
I c bulls move started

Let's watch
  • #464,403
  • Jun 16, 2011 2:26pm Jun 16, 2011 2:26pm
Quoting sisse
I don't like when they don't finish the move on the daily when its so close.
sisse
A good example of an unfinished move...

Cable hasn't finished it's retrace to the daily resistance line...because of that, and until I see that, tripping anything longer then the 5ives, I will not do...

A flux in cable with a need for a bit of mojo on the EG chart will create some topside ranges for EU...

Watching there for a strong enough rejection top hop back onto the mission to daily targets...

Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 63 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #464,404
  • Jun 16, 2011 2:26pm Jun 16, 2011 2:26pm
Closed my long...a few pips +...just dont like the action right now....maybe asia will pop hard and we can get a decent short


I wanna keep my 120+ pips I earned today...ya know


Quoting Magix
I been looking for the daily 200 to be challanged, and at that point will see what kind of reaction we can expect...

Simplicity talking here, we have a previously Lower High, will we create a Lower Low now or bounce off of support...

On the shorter TF side of things, the sells have been working out pretty fecking good, but that ain't to say I haven't cashed in some chips on the long side of things.

Trading the daily chart, well, things take time to mature and complete, but given the current scope of things, and because I do infinitely better...
  • #464,405
  • Jun 16, 2011 2:27pm Jun 16, 2011 2:27pm
Quoting Speed
can i get on your nerves here-- but be friendly - dont jamm me with ya lingo here-

when ever you have triangle - then your waves up and down - MUST be @ 78.6 fibs or is 99.9% @ 78.6 fibs - highs' and lows - so your triangle is not wrong,but if it is one,then it will get a bit wider at the top as you will see the 78.6 fib as about right at the untest ress @ 1.47xx -

like this chart
how the heck did you draw the upper line? only 1 top?....

uhmm ill better ignore this post.

iggy pop....
Hero calls followed by margin calls...
  • #464,406
  • Jun 16, 2011 2:28pm Jun 16, 2011 2:28pm
Quoting darimik
yeah looks good. will put it @ BE sooner than usual to avoid any losses. ready to call it a week really..

still havent got a chance of adding those additions you suggested. getting ready to do that. should be interesting.
could be trouble, 92 is possible...close the hour above 56/62, and I'll blow my brains out....and call it a day...
Look Sharp/Trade Tight
  • #464,407
  • Jun 16, 2011 2:32pm Jun 16, 2011 2:32pm
Quoting sisse
Well I do remember the +1300 tick move down in nov 2010 move from week one 1.427x to the last day of nov to 1.298x

Mate, if you were not bearish there I don't now where and I am afraid from your comments that instead of looking for suckers or calling everybody muppets here you should concentrate in your market timing as missing such easy 1300 tick move doesn't happen every day (the 100% retrace back to nov 2010 highs took 5 months !!!)....

sisse
hey sisse -- dont flame me here- lol

here is my proof that i was NOT bearish -

but who cares- i was only flame here by other EW theoritical traders as i really dont care about wave counting - i am really glad i never learn it- as i will stay as far as possible from EW -
Attached Image (click to enlarge)
Click to Enlarge Name: er current .jpg Size: 65 KB
  • #464,408
  • Jun 16, 2011 2:33pm Jun 16, 2011 2:33pm
Still in Long Trade

No loss thank God , they are all Green Pips .

Please Say your opinions Guys , will it continue upward , or ???
  • #464,409
  • Jun 16, 2011 2:35pm Jun 16, 2011 2:35pm
man oh man, how have I not got fired from my job today... closed my euro short for 350, Aussie short for 50 from last night, and scalped the hell out of this thing on the way back up. Just closed another +17. lol

Hey Mag... lol, I wasn't lying when I was expecting dollar strength a few days back
  • #464,410
  • Jun 16, 2011 2:35pm Jun 16, 2011 2:35pm
Looks like this is going to be a 'trade the rumor' ending to the week, let the headlines decide the short term trading ... ignoring weak tech analysis.
I gotta dollar .. I gotta dollar .. I gotta dollar .. HEY HEY HEY HEY
  • #464,411
  • Jun 16, 2011 2:36pm Jun 16, 2011 2:36pm
HH in the making, see where this bar closes.. 15M and 1H TF.. doesn't want to make a doji day candle I guess..
dollar index weak to -0.1%, and still going!
  • #464,412
  • Jun 16, 2011 2:37pm Jun 16, 2011 2:37pm
Quoting Forexman2011
Still in Long Trade

No loss thank God , they are all Green Pips .

Please Say your opinions Guys , will it continue upward , or ???
Why don't you look at your chart and come to a conclusion of your own?
  • #464,413
  • Jun 16, 2011 2:37pm Jun 16, 2011 2:37pm
and thats Y I was long...LOL...no worries...I closed green a bit early....lets C how shorts might shape up
  • #464,414
  • Jun 16, 2011 2:38pm Jun 16, 2011 2:38pm
Quoting Speed
can i get on your nerves here
You already have...

Quoting Speed
when ever you have triangle - then your waves up and down - MUST be @ 78.6 fibs or is 99.9% @ 78.6 fibs - highs' and lows - so your triangle is not wrong,but if it is one,then it will get a bit wider at the top as you will see the 78.6 fib as about right at the untest ress @ 1.47xx -

like this chart
When you have a triangle, you watch for a breach of support or resistance and take trades on the closes below/above. On my previous chart, I never included the true LTL, because it has already been breached...

Application to any set criteria or assumption that a Magical Line on the chart will hold as support or resistance is simple fucking Lunacy and typically the death of all market traders.

In an earlier post, I posted a 5m chart with the LTL...it had been breached and never corrected to topside...I never took the long trade off that chart for that reason alone...I don't do well with guessing, so I just follow the flow...

Again, if you want to continue to buy, sell, hold, that is completely up to you...

Now, if the bottom gets tested, which I expect to happen, that will put is in break out waters, and then I will be expecting to see my downside targets...

IF we get inside a triangle here and I get a trigger side up, I will continue to hammer the bigger lots on my buys...

Personally, I really don't give a shit where this bus is headed, I only wanna take a nice ride.
Attached Image (click to enlarge)
Click to Enlarge Name: daily.jpg Size: 93 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #464,415
  • Jun 16, 2011 2:39pm Jun 16, 2011 2:39pm
Quoting needpips
and thats Y I was long...LOL...no worries...I closed green a bit early....lets C how shorts might shape up
Daily close above yesterday's Daily roll gives a huge probability of finishing tomorrow's candle bull.
  • #464,416
  • Jun 16, 2011 2:40pm Jun 16, 2011 2:40pm
1.42500 target
  • #464,417
  • Jun 16, 2011 2:40pm Jun 16, 2011 2:40pm
First of all , regardless whoever was against my trade and talked rude , Thanks for the others who were feel sorry for me for almost getting margin call .

I know that Money Management is important , but i have been trading for 5 Years Now , most of my trades are crazy and not all the times with stop loss , i know its wrong but please forgive me brothers , some habbits cannot be changed and still in business as well .

Like The EUR/USD Thread very much , peace on everybody ( whoever like or dislike me )

Now back to the trend , my thinking we are in the first step of a long upward road , what do you think ?
  • #464,418
  • Jun 16, 2011 2:40pm Jun 16, 2011 2:40pm
Tommorow whe have the meeting fot the new cabinet in greece IMF supported Greece today. China supporting eurozone. Key event will probally be on the 20th of june.Also not to mention that trichet sayed the last time the word strong vigiliance but it was already priced in. still market will think the ecb will do a hike rate probally in Jully for 1 thing i don't see thats so good for the pig countries but for the stronger 1 s it is.

I enterd also a long today because i expect correction aswell whe might run to the 1.43 area cautious on my longs because some bad comments and it could end but on the other hand it could be a great risk reward trade.

just my 2 cents
  • #464,419
  • Jun 16, 2011 2:41pm Jun 16, 2011 2:41pm
Quoting PhAnTi'
how the heck did you draw the upper line? only 1 top?....

uhmm ill better ignore this post.

iggy pop....
ooh my....

why i am replying to this shyyt- i dont know--

in 4 weeks time- i will come back to you with a reply
  • #464,420
  • Jun 16, 2011 2:42pm Jun 16, 2011 2:42pm
Quoting Venice
man oh man, how have I not got fired from my job today... closed my euro short for 350, Aussie short for 50 from last night, and scalped the hell out of this thing on the way back up. Just closed another +17. lol
Well done bro
Hope u don't mind i already add u to my buddy's list
Quoting Venice
I was expecting dollar strength a few days back
Last April start to put my play

Quoting egkid
I could b wrong but i did my home work and that what i C , Nice and clean Drop.
Let's c what going to happen next month On May
698 traders viewing now