EURUSD | Page 28242 | 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

  • #564,821
  • Nov 22, 2011 12:28am Nov 22, 2011 12:28am
Quoting fontu
Morning , so the last wave was limited & failed so early , another try may from present or even fail take 3507/20/34 breaks or not should go to the base 3427 or bear continue 3369 . anyway last try may not last long if repeated failure as such .and the expanding triangle/megaphone respecting is extremly bearish with this last leg failure sustain .burning question is breaking 3500 again or not , may need intervention for it perhaps .first show 3495 by pips difference now .
fontu
fontu
I always have a hard time trying to read your chart and English. So, let me make this simple:

We failed at range top today where I show the green line. We've retraced and found support from today's run-up at the 61.8% fibo, making a higher low.

Next, I think we'll be seeing a test/break of 1.3540 (again, green line) and, if broken as expected, a run up to test 1.3600

Ideally, we'd test 1.3600, come back down and find support (finally) at 1.3540/50ish and make a run up to 1.3650/1.3700 to test the daily downtrend channel I'm sure you're all well aware of.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd60.gif Size: 45 KB
check out my blog: forexmademillionaire dot com
  • #564,822
  • Nov 22, 2011 12:37am Nov 22, 2011 12:37am
Loots of data today on schedule. We have some results coming up for GBP in 3h time. Then NY open and US GDP number today which could really send the market in some exodus.

Yesterday over NY we saw some interesting spike to the upside on all risk on currencies. Still did not digest what really happened there. If only was a news spike, stop hunt or offloading the weight on the eur pressure. We will see about that.

Meanwhile...

Spain and Italy still looking pretty bad. If we really could see first week of yields under 7% we could be getting them even lower. Which is highly unlikely there.

Some talks around Japans debt and creditors also on the news wire. Will see what will happen there. Nothing special for now I presume.

EURUSD still playing the range from 1,3435 to 1,3545, with one spike over the range on friday. We are now in the middle of the shjiiit. At least for now I do not see any setup coming up.
  • #564,823
  • Nov 22, 2011 12:42am Nov 22, 2011 12:42am
Quoting fatpanda
what are the magic purple and blue dots？
can you share the indicator？
Fatpanda we missed you. specially your 4150 today
Mohan
  • #564,824
  • Nov 22, 2011 12:46am Nov 22, 2011 12:46am
Quoting Geppy
I always have a hard time trying to read your chart and English. So, let me make this simple:

We failed at range top today where I show the green line. We've retraced and found support from today's run-up at the 61.8% fibo, making a higher low.

Next, I think we'll be seeing a test/break of 1.3540 (again, green line) and, if broken as expected, a run up to test 1.3600

Ideally, we'd test 1.3600, come back down and find support (finally) at 1.3540/50ish and make a run up to 1.3650/1.3700 to test the daily downtrend channel I'm sure you're all...
My bad , sorry . anyway green line / support only here 3455 close wise H4 tf & daily & 3426 low & all red lines above , next intermediate green should be 3509 + 15 H4 tf & daily 3543 for further gain IF hold ( stay above enough time) .
thanks,
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #564,825
  • Nov 22, 2011 1:00am Nov 22, 2011 1:00am
Quoting Geppy
We failed at range top today where I show the green line. We've retraced and found support from today's run-up at the 61.8% fibo, making a higher low.

Next, I think we'll be seeing a test/break of 1.3540 (again, green line) and, if broken as expected, a run up to test 1.3600

Ideally, we'd test 1.3600, come back down and find support (finally) at 1.3540/50ish and make a run up to 1.3650/1.3700 to test the daily downtrend channel I'm sure you're all well aware of.
I also have a similar bias. We have a mega cluster of damn ranges to break, test, fail, re-test.... unless some fundy blasts through them all.
Somebody is defending 3440 heavily, let's see if we get follow through to the top.
In other news: A ranger was trapped between a bull and a bear
  • #564,826
  • Nov 22, 2011 1:09am Nov 22, 2011 1:09am
Quoting fatpanda
what are the magic purple and blue dots？
can you share the indicator？

sorry i'm late...there is nothing (dots).... just decoration only.

can't follow that dots, you can get mc
  • #564,827
  • Nov 22, 2011 1:20am Nov 22, 2011 1:20am
Quoting mohan76
should have alarm on yen and chf pairs
sorted months ago, it go ding ding ding sit on hands ding ding
If you are new to Forex? Say Goodbye to your account!!
  • #564,828
  • Nov 22, 2011 1:24am Nov 22, 2011 1:24am
Quoting KiwiTrada
sorted months ago, it go ding ding ding sit on hands ding ding
i have beta version alarm indicator to detect moves (only one ding) , i hope its nowhere close to your sl


edit : dax going down eu going up , time for sideline ?
Mohan
  • #564,829
  • Nov 22, 2011 1:34am Nov 22, 2011 1:34am
Quoting mohan76
i have beta version alarm indicator to detect moves (only one ding) , i hope its nowhere close to your sl
no no I watch multiple prs, 1 ding per pr, 1st 3 dings they skyrocket I is miss time sit on hands not chase, "but" there always straggler, slow lady, next 2 dings is I get my seat
If you are new to Forex? Say Goodbye to your account!!
  • #564,830
  • Nov 22, 2011 1:47am Nov 22, 2011 1:47am
1.3540/50 now in site... a run up through there could easily see us move another 30-40 pips up and test 1.3600
check out my blog: forexmademillionaire dot com
  • #564,831
  • Nov 22, 2011 1:48am Nov 22, 2011 1:48am
yesterday high, 1.3535 might be a good entry to short
  • #564,832
  • Nov 22, 2011 1:51am Nov 22, 2011 1:51am
Looks like this thing is ready again to test 3635. Euro does this always in the times of US holidays and low volatility.
  • #564,833
  • Nov 22, 2011 1:52am Nov 22, 2011 1:52am
u guys are just playing ding dong. looks at the upper TF
  • #564,834
  • Nov 22, 2011 1:53am Nov 22, 2011 1:53am
Quoting Geppy
1.3540/50 now in site... a run up through there could easily see us move another 30-40 pips up and test 1.3600

Seeing resistance around 3540 price + trend line on 1 hr chart = possible Big Ben Frankie, pullback to Daily pivot which is support of rising trend line from your chart
Attached Image (click to enlarge)
Click to Enlarge Name: 11-23-2011 1hr.jpg Size: 184 KB
  • #564,835
  • Nov 22, 2011 1:55am Nov 22, 2011 1:55am
Quoting tankokjian
u guys are just playing ding dong. looks at the upper TF
Agree, It is very weak. 3600 may be a good short for eur
  • #564,836
  • Nov 22, 2011 1:55am Nov 22, 2011 1:55am
Quoting Geppy
I always have a hard time trying to read your chart and English. So, let me make this simple:

We failed at range top today where I show the green line. We've retraced and found support from today's run-up at the 61.8% fibo, making a higher low.

Next, I think we'll be seeing a test/break of 1.3540 (again, green line) and, if broken as expected, a run up to test 1.3600

Ideally, we'd test 1.3600, come back down and find support (finally) at 1.3540/50ish and make a run up to 1.3650/1.3700 to test the daily downtrend channel I'm sure you're...
You are posting what I just had in mind
Nice analysis
New voice message: Why are you calling me? If I need you, I'll call you!
  • #564,837
  • Edited 2:21am Nov 22, 2011 2:00am | Edited 2:21am
Trying hard take the daily support 3540 , now correction limit 3494 , H4 supports at 3515/09 to see how far & at last will short .
fontu

update broken top , perhaps 5th running up .

update : bull doing not that fine , turmoil. breaks below 3507 confirm it done top. will wait more either top or break this , pending there both .
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd5.gif Size: 10 KB
Click to Enlarge Name: usd4.gif Size: 7 KB
Click to Enlarge Name: usd3.gif Size: 9 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #564,838
  • Nov 22, 2011 2:07am Nov 22, 2011 2:07am
Quoting KillerWhale
You are posting what I just had in mind
Nice analysis
Thanks Killer.

1.3540 the high right now... let's see if we can't get a break. The 1min time-frame is looking a bit tired, but it could definitely push through.
check out my blog: forexmademillionaire dot com
  • #564,839
  • Nov 22, 2011 2:08am Nov 22, 2011 2:08am
If PA goes north, expect 3651 as a minimum target.
  • #564,840
  • Nov 22, 2011 2:11am Nov 22, 2011 2:11am
Quoting Geppy
Thanks Killer.

1.3540 the high right now... let's see if we can't get a break. The 1min time-frame is looking a bit tired, but it could definitely push through.
Yes its that bloody 1.3540 again. Years after this we are still going to react to this level.
441 traders viewing now