EURUSD | Page 23866 | 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

  • #477,301
  • Jun 30, 2011 3:38pm Jun 30, 2011 3:38pm
Quoting Walt
You're probably right, last H&S reversal was on H4 (and it was a beauty
Oh man, was it ever, text book play on that one.
  • #477,302
  • Jun 30, 2011 3:39pm Jun 30, 2011 3:39pm
Quoting pipper
chart provided by FXStreet.com

It's a 4Hr
Yesh, but, but..

Attached Image (click to enlarge)
Click to Enlarge Name: decl_tl.png Size: 38 KB
  • #477,303
  • Jun 30, 2011 3:40pm Jun 30, 2011 3:40pm
Quoting Walt
You're probably right, last H&S reversal was on H4 (and it was a beauty

a H&S formation on H4 is a strong formation to me.. to strong.. without reason.. but possible.. i willl wait..

the uptrend is confirmed to me with a break of 1.455 on the daily.. otherwise.. raaaaaaaaaaaanging..
  • #477,304
  • Jun 30, 2011 3:43pm Jun 30, 2011 3:43pm
Quoting Venice
Oh man, was it ever, text book play on that one.
TP was hit @ 4625 then. Waited to long to re-enter market because of PC out of market. Stupid tyvmi T. Junckie and then the drop saw me :-(
  • #477,305
  • Jun 30, 2011 3:48pm Jun 30, 2011 3:48pm
Quoting TzarPips
insane 90pip CAndle???
Kouroumplis panagiotis said ochi
  • #477,306
  • Jun 30, 2011 3:51pm Jun 30, 2011 3:51pm
This week wehave seen the EUR have formed a W shape which, and it has tuched the monthely resistence 1.45373, and if the price closed above it we could see more moement to higher level 1.46529.

If price moved below 1.44337 then we may see corection to 1.43191.
  • #477,307
  • Jun 30, 2011 3:54pm Jun 30, 2011 3:54pm
Quoting gatorinla
if we make it to 4444/48 ... i will look for a be long. .. gonna start looking for 30/40 pip min. trades.. with 2x potential..
Monthly looks ready for an attack to monthly R (confirmed now in few minutes) at 1.480x without waiting too much. There is a huge resistance still on the daily before of course but monthly looks closer to a fast push with ECB hike and kill the move fast than a smooth trend of 8 weeks.

Agree with your levels. My first line for longs is a breach to your 1.444x too. If they take profits on the current rally my 2nd option is with a choppy session tomorrow I see 1.438x as max wick but with a daily closing above 1.444x. Below that level with daily close cancel longs and put me in range mode in daily.

Max targets for longs is the key 1.463x and max the 1.480x in monthly. Above that need new FA in my books. To the short side nothing yet except if they take profit intraday to 1.438x but shorts are cap at 1.444x for swings. Below with daily close will open the current range to 1.418x.

Obviously those are the macro plays and there are intermediate levels for the swing and intrday plays.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #477,308
  • Jun 30, 2011 3:58pm Jun 30, 2011 3:58pm
Hi Gator,

When you calculate your tops and bottoms, do you consider what markets are open / closed?
Robitussin, for the whole family
  • #477,309
  • Jun 30, 2011 3:59pm Jun 30, 2011 3:59pm
Quoting alfalasi
This week wehave seen the EUR have formed a W shape which, and it has tuched the monthely resistence 1.45373, and if the price closed above it we could see more moement to higher level 1.46529.

If price moved below 1.44337 then we may see corection to 1.43191.
http://1.bp.blogspot.com/-4wjBdOOGaH...0/orly_155.jpg
  • #477,310
  • Jun 30, 2011 4:15pm Jun 30, 2011 4:15pm
well see Next week
Quoting Mr. Aldi
http://1.bp.blogspot.com/-4wjBdOOGaH...0/orly_155.jpg
  • #477,311
  • Jun 30, 2011 4:20pm Jun 30, 2011 4:20pm
Well, it pic was just cuz of the precision of your quotes and because your two-fold direction. In short u say: if it goes up, it goes up and it goes down, if it goes down.

Well, ok...
  • #477,312
  • Jun 30, 2011 4:23pm Jun 30, 2011 4:23pm
If anyone here was following cloggie's calls earlier, could you please annotate a chart showing the areas he was getting his numbers from (the trigger and targets)? I have read his posts multiple times, but can't seem to put it all together on my chart. I'd really appreciate the help. Thanks guys!
  • #477,313
  • Jun 30, 2011 4:34pm Jun 30, 2011 4:34pm
Here, I'll show you how I'm confused. Where is he getting the triggers and targets from? 5 min closes right? Closes from previous downtrend? Uptrend? Pullbacks? I'm so confused! haha See attached chart
Attached Image (click to enlarge)
Click to Enlarge Name: cloggie chart.jpg Size: 105 KB
  • #477,314
  • Jun 30, 2011 4:40pm Jun 30, 2011 4:40pm
this is going to be interesting.
also, please note the bearish RSI divergence (to be considered with caution in trending PA)
Attached Image (click to enlarge)
Click to Enlarge Name: 110630_eurusd_h1_2220.gif Size: 40 KB
  • #477,315
  • Jun 30, 2011 4:41pm Jun 30, 2011 4:41pm
looks to be heading darn sarf by pa, holding in lower half of post ny range, glad i took profit on st lg for +10 @4512, gotz ta be kwik wit da fingerz on da spike, not a biggie admittedly but really pleased with the manual exit...

so possible south side b/o, let's see...
  • #477,316
  • Jun 30, 2011 4:43pm Jun 30, 2011 4:43pm
yes sarf I have taken a few hundred on this rally not willing to carry the trade on through the Asia sess long so have now taken a short on 1/4 with the stoploss above 14530
rat
  • #477,317
  • Jun 30, 2011 4:46pm Jun 30, 2011 4:46pm
Wondering if China will stick their head out this morning also...

morning all
  • #477,318
  • Jun 30, 2011 4:49pm Jun 30, 2011 4:49pm
Quoting rattyo
yes sarf I have taken a few hundred on this rally not willing to carry the trade on through the Asia sess long so have now taken a short on 1/4 with the stoploss above 14530
knowing when to hold and when to fold is a key skill. you've not been around much lately, how's it going?
  • #477,319
  • Jun 30, 2011 4:49pm Jun 30, 2011 4:49pm
Quoting scottymoll
Here, I'll show you how I'm confused. Where is he getting the triggers and targets from? 5 min closes right? Closes from previous downtrend? Uptrend? Pullbacks? I'm so confused! haha See attached chart

Honestly, its screening time... numbers for confirming places...
nothing works all the time so you have to have an feeling when the trade wont work out also... thats the secret..

Everyone can trade not many can let it be...
  • #477,320
  • Jun 30, 2011 4:52pm Jun 30, 2011 4:52pm
Quoting rattyo
yes sarf I have taken a few hundred on this rally not willing to carry the trade on through the Asia sess long so have now taken a short on 1/4 with the stoploss above 14530
1/4 being the Risk/Reward? 1.442 should looks possible from here but would rather expect support at 1.448 based on m15 ichimoku
2,933 traders viewing now