EURUSD | Page 23375 | 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

  • #467,481
  • Jun 21, 2011 4:56am Jun 21, 2011 4:56am
MUMBAI (Reuters) - The BSE Sensex provisionally closed nearly 2 percent lower on Monday, on concerns the country may review its tax treaty with Mauritius, which could lead to a fall in portfolio investments via that route. Technology stocks led the losses. The 30-share BSE index provisionally ended down 1.95 percent, or 348.24 points, at 17,522.29, with 28 components falling. The 50-share NSE index provisionally closed down 1.9 percent at 5,263.45 points.

Indian (Asian) stocks may go down more.
  • #467,482
  • Edited 5:01am Jun 21, 2011 4:56am | Edited 5:01am
What a day so far -- the 15 min upward trend is being supported by these higher lows/lower highs & lower lows/lower highs. One could intra-day trade, profiting on the pips of the quick pivots alone. Should make for interesting movement around 8am EST. The market is going to break one way or the other and the fundamentals just won't cut it I'm afraid. Time to break out the tech tool box!!!

~Trade for the profit~
  • #467,483
  • Jun 21, 2011 4:56am Jun 21, 2011 4:56am
i see a gap at 4341.
  • #467,484
  • Jun 21, 2011 4:57am Jun 21, 2011 4:57am
Quoting marf
i see a gap at 4341.
? news spike
Hero calls followed by margin calls...
  • #467,485
  • Jun 21, 2011 4:57am Jun 21, 2011 4:57am
s@43320 sl@43380, tp@43088
  • #467,486
  • Jun 21, 2011 4:57am Jun 21, 2011 4:57am
mr. Cam is also telling me 1.4303 is his decision point (pivot)

close above 38 aborts this.

hapipipin
dreams do come true.
  • #467,487
  • Jun 21, 2011 4:58am Jun 21, 2011 4:58am
Quoting Flynchenberg
Thank You for Your EW analysis Markus
I always can learn something interesting from Your posts

Do You have any idea what can happen now with EURUSD? Any significant
levels?

Cheers,
Seb


Hi Seb,

hope all is well with you.


Try to answer your question:

a) wave red 4 has concluded: we should see a target for red 5 below 407x
Better targets come as we move down and are able to calculate a little bit. Since wave red one is very short, wave 5 may be exceptional long!?

b) wave red 4 has not concluded: then we should see further up. Good target would be around 4440-4460. 4458 is the 62% retracement of the whole move down.


c) since we got right now a rejection of the DPP. Right below DPP we have a fairly wide support zone with a centre at 4283. We could get a rejection right now to the upper side to conclude wave red 4, or we move down in an ABC move to around 4283 to be rejected to the upper side

d) at the uper side I have a supply zone between 4385 and 4420 with fib confluences at around 4410 in it.

e) the move down from the top at 43843 looks more corrective than impulsive, have a hard time to see the first move down from the top as an impulse. Maybe the move down is part of the red wave 4, then it can be counted as an ABC flat, where we are right now in its wave C. This wave C should terminate around 4295 (flat) or 4275 to 4246 (expanding flat). If the DPP proofs to be a very strong rejection point we might have seen all of the flat (running flat). But running flats are very very rare.


Hope that answers your questions......
  • #467,488
  • Jun 21, 2011 5:00am Jun 21, 2011 5:00am
Quoting sisse
welcome back PTL. How is your problem going? I hope you are feeling better.

You couldn't resist posting that chart, could you?...lol...


sisse
Lol, indeed. Back is still bloddy killing me. Not posting 100 times a day is helping however. I just completed a 20yr study of that method. Those mofu's are indeed areas to be noted. The levels are good for monthly triggers only, however, but you get the idea. Anyway a close under 4400ish this month could open a deeper correction, so its definately an area to keep an eye on at month end. I just stopped by to see what cooking. Hope all is well.
Look Sharp/Trade Tight
  • #467,489
  • Jun 21, 2011 5:00am Jun 21, 2011 5:00am
Ok, that's news for you... fast moving price.

Quoting marf
i see a gap at 4341.
  • #467,490
  • Jun 21, 2011 5:01am Jun 21, 2011 5:01am
Quoting Std-uk
s@43320 sl@43380, tp@43088
I join you 4327 fill 4330
If you are new to Forex? Say Goodbye to your account!!
  • #467,491
  • Jun 21, 2011 5:01am Jun 21, 2011 5:01am
Quoting Mr. Aldi
Haha, but now it is more like:
09:24:39 '***': instant order sell 0.40 EURUSD at 1.4362 sl: 0.0000 tp: 0.0000
09:24:40 '***': request was accepted by server
09:24:40 '***': request in process
09:24:57 '***': client closed trade dialog during order processing
09:25:00 '***': requote 1.4358 / 1.4360 for open sell 0.40 EURUSD at 1.4362 sl: 0.0000 tp:


OMG.. you wait 20 seconds to open an order and after that get a requote ?

in 20 seconds i can open & close 5 trades.

2011.06.21 09:41:30'xx': order was opened : #xx sell xx EURUSD at 1.43491 sl: 0.00000 tp: 0.00000
2011.06.21 09:41:30'xx': request was accepted by server
2011.06.21 09:41:30'xx': order sell market xx EURUSD sl: 0.00000 tp: 0.00000
  • #467,492
  • Jun 21, 2011 5:02am Jun 21, 2011 5:02am
Quoting Mr. Aldi
Haha, but now it is more like:

if my hermaphroditic aunt didn't have surgery to have her pipi replaced, she'd have been my uncle.

Cuz' I already hit the sell button ;-)

Hard to change analogy to that

09:24:39 '***': instant order sell 0.40 EURUSD at 1.4362 sl: 0.0000 tp: 0.0000
09:24:40 '***': request was accepted by server
09:24:40 '***': request in process
09:24:57 '***': client closed trade dialog during order processing
09:25:00 '***': requote 1.4358 / 1.4360 for open sell 0.40 EURUSD at 1.4362 sl: 0.0000 tp:
broker?
Hero calls followed by margin calls...
  • #467,493
  • Jun 21, 2011 5:03am Jun 21, 2011 5:03am
Quoting infinitus
Hi Seb,

hope all is well with you.


Try to answer your question:

a) wave red 4 has concluded: we should see a target for red 5 below 407x
Better targets come as we move down and are able to calculate a little bit. Since wave red one is very short, wave 5 may be exceptional long!?

b) wave red 4 has not concluded: then we should see further up. Good target would be around 4440-4460. 4458 is the 62% retracement of the whole move down.


c) since we got right now a rejection of the DPP. Right below DPP we have a fairly wide support zone with a...
Thx Markus,
very informative


Seb
  • #467,494
  • Jun 21, 2011 5:05am Jun 21, 2011 5:05am
intraday..weekly mofu below, monthly above...mofu sandwich...
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 17 KB
Look Sharp/Trade Tight
  • #467,495
  • Jun 21, 2011 5:07am Jun 21, 2011 5:07am
can anyone tell me the level 14375 was the very top of the uptrend and we are switcing to a downtrend since 15 June we have had, is it possible, and buyers why buy now, reasons to buy, what about news, isn't them an indicator to sell in the moment or are we reading other articles..Technically yes the uptrend is in continue I see al charts indicators no problem, but why not sell..
confused my brain...
" Accepting losses is the most important single investment devise "
  • #467,496
  • Jun 21, 2011 5:07am Jun 21, 2011 5:07am
Quoting Mr. Aldi
This is very true. I guess the countries bailing out the others most likely will profit from it in like 20 years, as long the bailed countries don't default.
Or paying the price for benefiting the last 10 years...depends on the perspective.

At the end, like it or not and for bad or good, the EU/EZ project has some other components beyond the pure monetary factors. Default is given in Greece. Finding the right technical balance to avoid contagion and spills over big countries banks and big private debt holders and how to avoid political dependent "bailouts" is the name of the game now.

In simple words, although media focus in good vs bad countries is not a country/national based issue anymore (Germany and others putting the money as they will) but like always how to avoid heavy losses in the private financial sector and that is sadly a problem that doesn't have a passport with one nationality so technicals behind doors and politics to the masses.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #467,497
  • Jun 21, 2011 5:07am Jun 21, 2011 5:07am
Quoting PayTheLimit
Lol, indeed. Back is still bloddy killing me. Not posting 100 times a day is helping however. I just completed a 20yr study of that method. Those mofu's are indeed areas to be noted. The levels are good for monthly triggers only, however, but you get the idea. Anyway a close under 4400ish this month could open a deeper correction, so its definately an area to keep an eye on at month end. I just stopped by to see what cooking. Hope all is well.

do less make more inform us how it goes
xoxo
  • #467,498
  • Jun 21, 2011 5:08am Jun 21, 2011 5:08am
intraday projected....
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 17 KB
Look Sharp/Trade Tight
  • #467,499
  • Jun 21, 2011 5:08am Jun 21, 2011 5:08am
Quoting PhAnTi'
broker?
FXO

@Prezd, usually it is one second and don't get requotes that often, also not when price changed in my favour with one pip. This was an extreme example. There was plenty time to take this trade again on this level, but was talking with guy how to get electricity cables to our house

(old cable is from 1920, 1 km long, not designed for electification of water mill)
  • #467,500
  • Jun 21, 2011 5:09am Jun 21, 2011 5:09am
It is amazing how Greece still drives EUR sentiment after weeks of speculation, rumors ,promises ,undertakings , schemes ,threats

Maybe the parliament should vote tonight to change the name from"

GREECE

to

GREASE
VASELINE
TEFLON
BANANA PEEL

it would reflect the ability to slide out of trouble every time the DEFAULT word is mentioned
" Never let the past hold the future to ransom "
466 traders viewing now