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EURUSD

  • #546,001
  • Oct 2, 2011 8:42pm Oct 2, 2011 8:42pm
for me i do not consider the charts, its just that the rate 1.3350 is very attractive to buy so i did, long since 1.3365 it will close on profit for sure on 1.3395 at least.

look at the near and ;long history of the EUR its very close to its lower lower end, so this is an investment opportunity.
Forex will make you loose but you will stay gambling
  • #546,002
  • Oct 2, 2011 8:58pm Oct 2, 2011 8:58pm
Quoting bguguen
The week open gap we just have... we might aswell be closign it in this hour too lol....
don't see any sunday gap here smooth opening decline in asia
  • #546,003
  • Oct 2, 2011 9:11pm Oct 2, 2011 9:11pm
Quoting Jawadnimri
for me i do not consider the charts, its just that the rate 1.3350 is very attractive to buy so i did
If you don't consider the charts, on what basis is 1.3350 attractive?
  • #546,004
  • Oct 2, 2011 9:24pm Oct 2, 2011 9:24pm
Quoting Jawadnimri
for me i do not consider the charts, its just that the rate 1.3350 is very attractive to buy so i did, long since 1.3365 it will close on profit for sure on 1.3395 at least.

look at the near and ;long history of the EUR its very close to its lower lower end, so this is an investment opportunity.
Hi and welcome in the forum.

I dont think what you said will work since I dont see any bull signal on either 4 hours, daily and weekly chart. Thats a risky trade you did there pal.

Dont forget that we are not in a ranging market where everything bounce of trend line. We are on a trending bearish market. Last week was a break for the bears, now they are awake and we can see it through the gap.
  • #546,005
  • Oct 2, 2011 9:35pm Oct 2, 2011 9:35pm
Quoting notoriouskfb
don't see any sunday gap here smooth opening decline in asia
I don't know about late broker but on Alpari it was clear gap and gap is always closed afterwards in this pair
ROBOT FOREX
  • #546,006
  • Oct 2, 2011 9:40pm Oct 2, 2011 9:40pm
This doesn't mean i completely ignore them, its just that the charts are up and down all the time, my point is that when you want to buy something like a land you know if its a good deal to you, a high expensive deal that will appreciate with time so you say its fine or a very expensive deal that will be very difficult to recover. on this basis i say that 1.3360 is attractive it can go down, but in the medium range it will give returns. my perspective is that this is a very low price that was not reached since 9 months, it can go down? yes sure, but it will for sure go up again, maybe today and maximum by end this week.
my view is that any further count on the USD is really dangerouse.
Forex will make you loose but you will stay gambling
  • #546,007
  • Oct 2, 2011 9:54pm Oct 2, 2011 9:54pm
Quoting Forbes55
I don't know about late broker but on Alpari it was clear gap and gap is always closed afterwards in this pair
Always closed, but it might be 3-4 days later after going a hundred pips the other way. That's why 'gap' trading doesn't sit right with me, but each to his own I guess
"Don't Panic..."
  • #546,008
  • Oct 2, 2011 9:59pm Oct 2, 2011 9:59pm
There`s a RSI divergence on h4 (since set/12 until now)
Can you guys see this? what you think about this?
to me is LONG.
  • #546,009
  • Oct 2, 2011 10:09pm Oct 2, 2011 10:09pm
Only shorts on this pair for the time being... anyone going long good luck.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eu2.jpg Size: 90 KB
  • #546,010
  • Oct 2, 2011 10:10pm Oct 2, 2011 10:10pm
Quoting Halifax
Always closed, but it might be 3-4 days later after going a hundred pips the other way. That's why 'gap' trading doesn't sit right with me, but each to his own I guess
Exactly bro, "nothing" is gauranteed in Forex,

I have traded "gaps" for a long time successfully, but I never trade too the gap, I have learnt to wait and defend firstly with reduced trade size the following gap end and then the "gap" origin, the size of trade will depend on PA with all 4 ladies.
Presently we have "gaps" on au cable & geppy from 2 weeks ago still open, but the bear pressure overall is keeping these girls trickling down.
Although I do not focus on "gaps" I am always wary of them.
Accordingly I only trade what PA is showing.
No SL is "suicide" you may get away with it for awhile, but PA will destroy you when she gets a chance

Trade safe bro
If you are new to Forex? Say Goodbye to your account!!
  • #546,011
  • Oct 2, 2011 10:14pm Oct 2, 2011 10:14pm
Quoting KiwiTrada
Trade safe bro
You too bru
"Don't Panic..."
  • #546,012
  • Oct 2, 2011 10:17pm Oct 2, 2011 10:17pm
I've plotted a falling wedge on the 4hr and we are hitting the bottom of the wedge ch.


We should see a correction I will wait for an opportunity to go short.
Attached Image (click to enlarge)
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  • #546,013
  • Oct 2, 2011 10:24pm Oct 2, 2011 10:24pm
Quoting njfx
I've plotted a falling wedge on the 4hr and we are hitting the bottom of the wedge ch.


We should see a correction I will wait for an opportunity to go short.
Can you see in this picture the RSI divergence what I told 5 topics latter?
  • #546,014
  • Oct 2, 2011 10:26pm Oct 2, 2011 10:26pm
euro should begin the week by dropping down to 1.3300 which might give some support, overall the trend still remains down.
  • #546,015
  • Oct 2, 2011 10:29pm Oct 2, 2011 10:29pm
EU Daily Chart
Attached Image (click to enlarge)
Click to Enlarge Name: EU Daily.png Size: 30 KB
If there was easy money lying around,no one would be forcing it into your
  • #546,016
  • Oct 2, 2011 10:29pm Oct 2, 2011 10:29pm
Attached Image (click to enlarge)
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  • #546,017
  • Oct 2, 2011 10:31pm Oct 2, 2011 10:31pm
Quoting eliabreu
Can you see in this picture the RSI divergence what I told 5 topics latter?


I am just starting to us RSI on by 1 & 4hr charts not great at spotting divergences with it. I can see the CCI is very low for the 4hr chart. I am looking for a correction to the top of the wedge, which would also give a 23 Fib retracement. Then I am looking to go short will be patient till them.
Attached Image (click to enlarge)
Click to Enlarge Name: 10-3 fib.jpg Size: 157 KB
  • #546,018
  • Oct 2, 2011 10:34pm Oct 2, 2011 10:34pm
There is nothing on weekly charts or monthly charts to provide significant support till we reach 1.2900, so working as per weekly charts we should expect the downtrend to continue till 1.2900
  • #546,019
  • Oct 2, 2011 10:46pm Oct 2, 2011 10:46pm
Everything You Wanted To Know About EFSF (But Should Be Afraid To Ask)
If there was easy money lying around,no one would be forcing it into your
  • #546,020
  • Oct 2, 2011 10:47pm Oct 2, 2011 10:47pm
Refusing to bounce ! Will have to see how europe will behave with eurusd.
Intraday only.
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