EURUSD | Page 27293 | 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

  • #545,841
  • Oct 2, 2011 5:14am Oct 2, 2011 5:14am
my two cents, we've closed just short of interim support off the h4/daily @ 336x, with bullish divergence on h4 macd, next major fib levels on a break to the downside coming in around 322x, and then 305x...

potential for further range play if last week's support holds, not even considering further upside without an h4 close above 369x...

key fundamental drivers, according to reuters- http://www.reuters.com/article/2011/...78T1DM20110930
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image86.jpg Size: 360 KB
Click to Enlarge Name: Image87.jpg Size: 442 KB
Click to Enlarge Name: Image88.jpg Size: 405 KB
Click to Enlarge Name: Image89.jpg Size: 399 KB
  • #545,842
  • Oct 2, 2011 5:43am Oct 2, 2011 5:43am
hello fellow traders. I'm new to this forum but have +5 years experience in trading fx, mostly eur/usd. Here is my 'forecast' for the next days (weeks). We allready had a decent downmove (+1000 pips) in previous month, but i' think there is much more to come. If eu breaks 1.3360 we can lockin few more hundreds pips on the way down. Thats for the 'longer' timeframe. For intra-day traders i'll post my entries as time will tell. Goodluck to everyone.
gunther1
  • #545,843
  • Oct 2, 2011 6:54am Oct 2, 2011 6:54am
Jean-Claude Trichet quitte la présidence de la Banque centrale européenne (BCE) fin octobre à l'issue de son mandat de huit ans alors que la tempête fait rage sur la zone euro.

"Il part en pleine crise (de la zone euro). Pour lui personnellement cela ne doit pas être satisfaisant", juge Marie Diron du cabinet Ernst&Young, à quelques jours de la dernière conférence de presse de M. Trichet sur les taux directeurs.

"Ce sera certainement un crève-coeur de partir alors que la machine est grippée", renchérit Gilles Moëc, économiste chez Deutsche Bank, qui l'a côtoyé dans ses précédentes fonctions à la Banque de France (BDF).
  • #545,844
  • Oct 2, 2011 6:55am Oct 2, 2011 6:55am
Quoting bagXpert
Jean-Claude Trichet quitte la présidence de la Banque centrale européenne (BCE) fin octobre à l'issue de son mandat de huit ans alors que la tempête fait rage sur la zone euro.

"Il part en pleine crise (de la zone euro). Pour lui personnellement cela ne doit pas être satisfaisant", juge Marie Diron du cabinet Ernst&Young, à quelques jours de la dernière conférence de presse de M. Trichet sur les taux directeurs.

"Ce sera certainement un crève-coeur de partir alors que la machine est grippée", renchérit Gilles Moëc, économiste chez Deutsche...
Tonight, € will going down,down and down
  • #545,845
  • Oct 2, 2011 7:09am Oct 2, 2011 7:09am
Quoting bagXpert
Jean-Claude Trichet quitte la présidence de la Banque centrale européenne (BCE) fin octobre à l'issue de son mandat de huit ans alors que la tempête fait rage sur la zone euro.

"Il part en pleine crise (de la zone euro). Pour lui personnellement cela ne doit pas être satisfaisant", juge Marie Diron du cabinet Ernst&Young, à quelques jours de la dernière conférence de presse de M. Trichet sur les taux directeurs.

"Ce sera certainement un crève-coeur de partir alors que la machine est grippée", renchérit Gilles Moëc, économiste chez Deutsche...
John claude Trichet leaves the presidency of the European central Bank (ECB) at the end October after his 8 year mandate while the storm rages on in the Euro zone.

"He is leaving in the middle of the crisis (Euro zone). For him personally that must not be satisfactory", says Mary Diron of Ernst & Young, just days before the last press conference of Mr. Trichet on the prime rate.

"This will certainly be a sad departure for him while the machine is afflicted", adds Gilles Moëc, economist with Deutsche Bank, ...

I am not sure how to translate the last sentence. I don't want to risk changing the context. Perhaps somebody else can have a go at it..
Those who say it cannot be done should not interrupt those who are doing it
  • #545,846
  • Oct 2, 2011 7:11am Oct 2, 2011 7:11am
Quoting PipTrapper
John claude Trichet leaves the presidency of the European central Bank (ECB) at the end October after his 8 year mandate while the storm rages on in the Euro zone.

"He is leaving in the middle of the crisis (Euro zone). For him personally that must not be satisfactory", says Mary Diron of Ernst & Young, just days before the last press conference of Mr. Trichet on the prime rate.

"This will certainly be a sad departure for him while the machine is afflicted", adds Gilles Moëc, economist with Deutsche Bank, ...

[i][u]I am not sure...
Thanks!
  • #545,847
  • Oct 2, 2011 7:26am Oct 2, 2011 7:26am
Having spent the last three years looking at cycles in the eurusd I will now make a forecast that the EURUSD will make a strong move against the trend it was in prior to these 2 dates. So if we continue to sell off then this is a good date to look for a reversal to the upside.

Based on three things

3 year cycle
Geometric projections
Astro analysis##

Keep it in your diary


I think this matches pretty well with the exit of JCT ;-)


All the best


Mike Haran
  • #545,848
  • Oct 2, 2011 7:35am Oct 2, 2011 7:35am
Quoting Mike Haran
Having spent the last three years looking at cycles in the eurusd I will now make a forecast that the EURUSD will make a strong move against the trend it was in prior to these 2 dates. So if we continue to sell off then this is a good date to look for a reversal to the upside.

Based on three things

3 year cycle
Geometric projections
Astro analysis##

Keep it in your diary


I think this matches pretty well with the exit of JCT ;-)


All the best


Mike Haran
Does this mean that you project the euro going down to 1.17 by the end of October?
Also, what type of strong move up are you projecting? A correction or a complete reversal back up to the 1.49 handle?
Those who say it cannot be done should not interrupt those who are doing it
  • #545,849
  • Edited 10:02am Oct 2, 2011 8:08am | Edited 10:02am
Dear traders,

So here are promised statisics (I call these statisicks for this sience is the most precise one in counting the most unprecise data input)
Although you are bunch of fkin strangers, there are experienced traders hiding among you. Because I would like those, to help me evolve my system, I added my face, so you know, who the hell are you dealing with. Bc. Tom – University of economics – Accounting and finance. Semi pro casino poker player and a great theoretic, who really enjoys exploring macroeconomics. My face wont stay here long, as i am paranoid, when it comes to internet.

The following presentation takes about 15% of the whole system as I just simply cant fit it into single document. Highs/lows, measured in following document are therefore closing prices of H4/H1 timeframe, regardless lenght of the cycle. Selecting of proper peak/low /timeframe etc. is very difficult and partially depends on each and every trader. This is the main part of my work I would like to evolve, so feel free to select different points, timeframes, etc. and I shall post statistics.

Purpose of the system

Now to the system. I mainly focus on examining Elliot waves, statisics included refer to them . While refering to the spot we chose for peak/low of a wave, I use a term breakpoint, as I dont care whether it is up or down because of nature of exchange rate. As a main weakness of Elliot waves, I consider their unability to predict height of current correction/trend. For determining height of the current wave, traders can use fibo numbers, pivot points, S/R and consider oscillators. In a short term range, any of these can work, in a long term range most of them fail as market evolves. Therefore I decided to identify different types of trends and corrections and measure their behaviour, when it comes to breakpoiont.
This part of work focuses on percentage changes between waves. Percentage changes are then separated into ranges with similar behaviour and form zones. Once we select, in which zone we are, we zoom to a lesser cycle.

Enjoy,

Tom

PS: It is word 2010 doc, so if you have older version of MS office, charts could break, so if you are interested, I can send screenshots.
Attached File(s)
File Type: zip Statisics.zip   134 KB | 441 downloads
"I know one thing, that I know nothing." Sokrates
  • #545,850
  • Oct 2, 2011 8:38am Oct 2, 2011 8:38am
Quoting bagXpert
Jean-Claude Trichet quitte la présidence de la Banque centrale européenne (BCE) fin octobre à l'issue de son mandat de huit ans alors que la tempête fait rage sur la zone euro.

"Il part en pleine crise (de la zone euro). Pour lui personnellement cela ne doit pas être satisfaisant", juge Marie Diron du cabinet Ernst&Young, à quelques jours de la dernière conférence de presse de M. Trichet sur les taux directeurs.

"Ce sera certainement un crève-coeur de partir alors que la machine est grippée", renchérit Gilles Moëc, économiste chez Deutsche...

ummm pardon?
  • #545,851
  • Oct 2, 2011 8:58am Oct 2, 2011 8:58am
Looking for an early bounce this week. Sentiment is extremely short.
  • #545,852
  • Oct 2, 2011 9:00am Oct 2, 2011 9:00am
Quoting deankenny21
ummm pardon?
http://www.forexfactory.com/showthre...35#post4985735
Those who say it cannot be done should not interrupt those who are doing it
  • #545,853
  • Oct 2, 2011 9:02am Oct 2, 2011 9:02am
Quoting PipTrapper
http://www.forexfactory.com/showthre...35#post4985735
my apologies piptrapper, just reading and was a bit surprised when i saw another language

again my apologies
  • #545,854
  • Oct 2, 2011 9:07am Oct 2, 2011 9:07am
Quoting deankenny21
my apologies piptrapper, just reading and was a bit surprised when i saw another language

again my apologies
OOps Actually I should apologize to you as I sent you the wrong link LOL.

What I meant to send you was this --> http://www.forexfactory.com/showthre...31#post5004731

It is the translation into English.

Cheers
Those who say it cannot be done should not interrupt those who are doing it
  • #545,855
  • Oct 2, 2011 9:08am Oct 2, 2011 9:08am
Quoting PipTrapper
OOps Actually I should apologize to you as I sent you the wrong link LOL.

What I meant to send you was this --> http://www.forexfactory.com/showthre...31#post5004731

It is the translation into English.

Cheers
ah ok, i thought i was in trouble for some sort of slander or something, no problem i shall read the translation, many thanks
  • #545,856
  • Oct 2, 2011 9:12am Oct 2, 2011 9:12am
Am I the only one who would like to see a link referencing the "resignation".

  • #545,857
  • Oct 2, 2011 9:44am Oct 2, 2011 9:44am
Quoting SerpentDove
Am I the only one who would like to see a link referencing the "resignation".

He's not resigning. His tenure is coming to an end. We've known this for ages.

Just Google "Trichet tenure end"

Cheers
Those who say it cannot be done should not interrupt those who are doing it
  • #545,858
  • Oct 2, 2011 9:51am Oct 2, 2011 9:51am
if anybody ever noticed. Fridays close is sitting just 20 pips away from year open. Current level will still be a strong psycological level in my opinion. On my platform..current close is still within last 6 days daily inside bar.
Next week will be interesting. I still very much prefer a retest of 378x weekly breakdown high for bear.
Looking at quarterly candle..next strong support will be 28xx year low lvl and 3250 weekly breakup low.

Lower TF gold PA looks so haphazard and hazardous..each time you think price will breakdown it will go 50-100 pips against you. Very likely we would test daily breakdown levels 1668/1755 these next few days.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd_y.png Size: 10 KB
Click to Enlarge Name: eurusd_q.png Size: 8 KB
Click to Enlarge Name: xauusd_y.png Size: 8 KB
Click to Enlarge Name: go.jpg Size: 87 KB
  • #545,859
  • Oct 2, 2011 10:09am Oct 2, 2011 10:09am
[quote=Myrza;5004863] On my platform..current close is still within last 6 days daily inside bar.

Inside bar with head and butt fake
Attached Image (click to enlarge)
Click to Enlarge Name: inside.jpg Size: 69 KB
  • #545,860
  • Oct 2, 2011 10:43am Oct 2, 2011 10:43am
Quoting msmith9
Looking for an early bounce this week. Sentiment is extremely short.
Oanda's open position contradict your statement.
Attached Image
Fear prevent possibilities, and so does Greed
191 traders viewing now