EURUSD | Page 28275 | 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

  • #565,481
  • Nov 23, 2011 11:16am Nov 23, 2011 11:16am
I started new "risky" long @1.3325 with TP profit @ 1.3425 (100 pips) and stop loss @ 1.3255 .. I think it will be correction day tomorrow for the pair before it continue its down fall..this deal would be closed with Aisa session open if the trend break the first support at 1.3272
  • #565,482
  • Nov 23, 2011 11:21am Nov 23, 2011 11:21am
Quoting fx_master
I started new "risky" long @1.3325 with TP profit @ 1.3425 (100 pips) and stop loss @ 1.3255 .. I think it will be correction day tomorrow for the pair before it continue its down fall..this deal would be closed with Aisa session open if the trend break the first support at 1.3272
same boat then ...
  • #565,483
  • Nov 23, 2011 11:22am Nov 23, 2011 11:22am
Quoting fx_master
I started new "risky" long @1.3325 with TP profit @ 1.3425 (100 pips) and stop loss @ 1.3255 .. I think it will be correction day tomorrow for the pair before it continue its down fall..this deal would be closed with Aisa session open if the trend break the first support at 1.3272
I don't see a supply at 1.3425. your better option would be to aim for 1.3400 or so as there was a consolidation there.
  • #565,484
  • Nov 23, 2011 11:24am Nov 23, 2011 11:24am
Quoting Pipbumper
same boat then ...
yes, but take care, don't assign any Take profit higer than 1.3514 at this stage. .. don't ask me why.. you are free to take it or leave it..
  • #565,485
  • Nov 23, 2011 11:27am Nov 23, 2011 11:27am
Run long @ 1.3324 with trailing stop.
But still have two buy limits @1.3308 and @1.3275.
  • #565,486
  • Nov 23, 2011 11:28am Nov 23, 2011 11:28am
Quoting fx_master
yes, but take care, don't assign any Take profit higer than 1.3514 at this stage. .. don't ask me why.. you are free to take it or leave it..
I'm looking for 1.3475 to 1.3490 next week, but I agree, I think any Euro rallies will be capped in the lows to mid 1.350 area, I just think we'll get a relief rally next week, DOW has been since 6 of the last 7 sessions, and Santa Claus is coming in December, the DOW is down for the year now, I think it will end up flat to positive a few percentage points, however, come January, I think the Euro and the World Economy are toast.
Yay! Pips for everyone!
  • #565,487
  • Nov 23, 2011 11:34am Nov 23, 2011 11:34am
bear momentum slowing down - stochastic divergence, price may stall there for a while or go up a bit.
Attached Image (click to enlarge)
Click to Enlarge Name: stochastic.gif Size: 21 KB
As Above, So Below
  • #565,488
  • Nov 23, 2011 11:42am Nov 23, 2011 11:42am
Quoting tashkent
bear momentum slowing down - stochastic divergence, price may stall there for a while or go up a bit.
Despite all the negative FA news today, major reason we're down is because US traders don't want market exposure over Thanksgiving, won't be able to defend themselves, so they're selling it down and the Euro is really getting dragged down with it, I think next week they'll be buying back those positions.
Yay! Pips for everyone!
  • #565,489
  • Nov 23, 2011 11:49am Nov 23, 2011 11:49am
Hey guys, i am at my office now so i cannot download a software to watch soccer. Anyone know which website i can watch the game AC Milan vs Barcelona? Thanks a lot
  • #565,490
  • Nov 23, 2011 11:52am Nov 23, 2011 11:52am
1.3330 ed long..
  • #565,491
  • Nov 23, 2011 11:52am Nov 23, 2011 11:52am
4h:
Attached Image (click to enlarge)
Click to Enlarge Name: 4h.jpg Size: 243 KB
  • #565,492
  • Nov 23, 2011 11:53am Nov 23, 2011 11:53am
i like pip trappers methods (i think he borrowed from me lol )

scale in in parts, dont commit with those longs, thanks giving theory might be a reason for the sell off but the correction technically speaking should have been today.

anyway, if the market is showing you so much bearish sentiment, especially the COT reports they are heavily bearish, so usually if everyone who had a reason to sell already sold and corrections like the 1.42 happens.

now for those traders that cannot seem to get anything right, i suggest you work with the odds on your favor

wait for those corrections to the upside, when they stop topping then you enter with a small sell, as the market continues to go down you can be more agressive with your shorts.

this would be with odds on your favor.
AVT INVENIAM VIAM AVT FACIAM
  • #565,493
  • Nov 23, 2011 11:54am Nov 23, 2011 11:54am
Aslong as low holds at 31x, we should be going to 1.5 I think
  • #565,494
  • Nov 23, 2011 11:56am Nov 23, 2011 11:56am
Quoting sidhujag
Aslong as low holds at 31x, we should be going to 1.5 I think
damn that is a long term prediction.

do you care to explain why? on what basis should this 1.50 be hit?
AVT INVENIAM VIAM AVT FACIAM
  • #565,495
  • Nov 23, 2011 11:59am Nov 23, 2011 11:59am
Well FA says it goes down, and alot of people are drawing similarities to 2008, but history likes to throw in wrenches before repeating. If you look at EU 2008 you can see that yea when the low was broken it fell hard, but there was an attempt around july 2008 which started to create a big W eventually triggering off the massive selloff. IT will happen when retailers are on the wrong side, right now alot of people have open sell positions at the top that the market won't stand for if it is to fall. When it does fall it will probably be double the size of 2008, as gator says.
  • #565,496
  • Nov 23, 2011 12:03pm Nov 23, 2011 12:03pm
Quoting FX Babie
i like your thinking ..especially if that 4hr wedge works out 1.4 is on the cards
sure... if you call it a wedge. lol
  • #565,497
  • Nov 23, 2011 12:03pm Nov 23, 2011 12:03pm
Quoting screwup
Thx... have a nice day
Your nick itself says that you screw up all your life
  • #565,498
  • Nov 23, 2011 12:07pm Nov 23, 2011 12:07pm
Quoting pkimnyc
sure... if you call it a wedge. lol
I think she's a new trader and market usually moves opposite as she analyzed... that probably gives us a hint that EU will not be able to reach 1.4000 by the end of this year therefore any up to 3750-3850 should be a good opportunity to short for a mid-term move.
  • #565,499
  • Nov 23, 2011 12:23pm Nov 23, 2011 12:23pm
Quoting Yuchen
Hey guys, i am at my office now so i cannot download a software to watch soccer. Anyone know which website i can watch the game AC Milan vs Barcelona? Thanks a lot
try adthe.net
regards
  • #565,500
  • Nov 23, 2011 12:31pm Nov 23, 2011 12:31pm
Sorry for my question, but I haven't found any information about it. Will EUR/USD be opened for tomorrow? Is the Thanksgiving affects anything? Thank you!
Bear the bull's consequence...
467 traders viewing now