EURUSD | Page 25493 | 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

  • #509,841
  • Aug 4, 2011 6:23am Aug 4, 2011 6:23am
Quoting PayTheLimit
nice..
  • #509,842
  • Aug 4, 2011 6:23am Aug 4, 2011 6:23am
Khazul - Thanks - Interesting to know what others do.....

Pipchick - Hi, How you doing?.......used to see you on Cable thread a lot back last year....your trades are so accurate.

Cloggie - How's it going?...if your about...................still learning here and improving....and still keep an eye on your posts...Thanks for the Nuggets.
  • #509,843
  • Aug 4, 2011 6:24am Aug 4, 2011 6:24am
In the cold light of day, EU is still rangebound. Choosing a trade based on EU chart alone could get you killed. Look at European bond spreads as well as DX and YM for a better clue where a trade might be.
  • #509,844
  • Aug 4, 2011 6:24am Aug 4, 2011 6:24am
Quoting TommyPips
Khazul - Thanks - Interesting to know what others do.....

Pipchick - Hi, How you doing?.......used to see you on Cable thread a lot back last year....your trades are so accurate.

Cloggie - How's it going?...if your about...................still learning here and improving....and still keep an eye on your posts...Thanks for the Nuggets.
Thanks TommyPips
  • #509,845
  • Aug 4, 2011 6:25am Aug 4, 2011 6:25am
Buy on 4220
Sell on 4326
totutu
  • #509,846
  • Aug 4, 2011 6:26am Aug 4, 2011 6:26am
Quoting ukdaytrader
In the cold light of day, EU is still rangebound. Choosing a trade based on EU chart alone could get you killed. Look at European bond spreads as well as DX and YM for a better clue where a trade might be.
That is true too, lots of stuff going around eu and usd. So look at other mechanisms in case at longer term eu and usd fail.

Warning: will not help for scalping
  • #509,847
  • Aug 4, 2011 6:26am Aug 4, 2011 6:26am
better stay on side and wait ......
  • #509,848
  • Aug 4, 2011 6:26am Aug 4, 2011 6:26am
Quoting forexclover
Buy on 4220
Sell on 4326
10-4
  • #509,849
  • Aug 4, 2011 6:27am Aug 4, 2011 6:27am
Quoting ukdaytrader
In the cold light of day, EU is still rangebound. Choosing a trade based on EU chart alone could get you killed. Look at European bond spreads as well as DX and YM for a better clue where a trade might be.
Agree 100% UK We could now test the m15 61.8 area. DX H4 has a bearish Gartley pattern so the EU could very well retrace.
Attached Image (click to enlarge)
Click to Enlarge Name: EU M15.gif Size: 10 KB
  • #509,850
  • Aug 4, 2011 6:28am Aug 4, 2011 6:28am
Quoting forexclover
Buy on 4220
Sell on 4326
I hope that 4220 long would have a tight stop. If we break 4220, then a quick dip to 4175 looks likely imo. And if we get down there again today, I don't think it will hold.

Btw, If I were looking to trade EU right now, I would be looking for a long. I think UY has better opps today.
  • #509,851
  • Aug 4, 2011 6:29am Aug 4, 2011 6:29am
I closed out my shorts I had overnight. Will wait for a retracement (hopefully we get one)
DX H4:
Attached Image
  • #509,852
  • Aug 4, 2011 6:30am Aug 4, 2011 6:30am
Quoting T.E.Lawrence
10-4

..you know, your a pretty big bastard yourself...
Look Sharp/Trade Tight
  • #509,853
  • Aug 4, 2011 6:31am Aug 4, 2011 6:31am
careful with shorts now
  • #509,854
  • Aug 4, 2011 6:32am Aug 4, 2011 6:32am
Quoting ukdaytrader
In the cold light of day, EU is still rangebound. Choosing a trade based on EU chart alone could get you killed. Look at European bond spreads as well as DX and YM for a better clue where a trade might be.
agree with you.so far 75 seen on DX but given BOJ intervention if this breaks 75 we may see much lower levels of USD pairs.
bond spreads will depend on Trichet's hint otherwise we may see mass exodus.what's point in keeping these if ECB doesn't share risk
  • #509,855
  • Aug 4, 2011 6:33am Aug 4, 2011 6:33am
Quoting attila
careful with shorts now
Look Sharp/Trade Tight
  • #509,856
  • Aug 4, 2011 6:33am Aug 4, 2011 6:33am
Wouldnt be suprised if it hung around down here until NY open. 4220 seems a likely bottom (4215 possible, but agressive).

Should it touch 4210 again - be very afraid
  • #509,857
  • Aug 4, 2011 6:34am Aug 4, 2011 6:34am
Quoting ukdaytrader
I hope that 4220 long would have a tight stop. If we break 4220, then a quick dip to 4175 looks likely imo. And if we get down there again today, I don't think it will hold.

Btw, If I were looking to trade EU right now, I would be looking for a long. I think UY has better opps today.
news will dicatate where we go but I tend to agree 1.4220 would need a tight stop on it unless you are averaging. For me, 14175 - 14185 is the trigger for my longs (which will only be for about 50 pips as not convinced there will be much play during the afternoon.
  • #509,858
  • Aug 4, 2011 6:34am Aug 4, 2011 6:34am
Quoting PayTheLimit
?
  • #509,859
  • Aug 4, 2011 6:34am Aug 4, 2011 6:34am
Quoting attila
careful with shorts now
Why? :nerd:
  • #509,860
  • Aug 4, 2011 6:34am Aug 4, 2011 6:34am
Quoting ukdaytrader
I hope that 4220 long would have a tight stop. If we break 4220, then a quick dip to 4175 looks likely imo. And if we get down there again today, I don't think it will hold.

Btw, If I were looking to trade EU right now, I would be looking for a long. I think UY has better opps today.
Could be good to short again when the m15 forms bearish HD around the 61.8. Only thing is...the H1 has bull HD so price "could" go a little higher. Dont ya hate it when the h1 and the m15 have opposite signals?lol
294 traders viewing now