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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

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EURUSD

First and foremost, I am an not expert in prediction. Because I see a lot of people doing prediction, so I just join them for fun. Do not take this seriously.



http://lcchong.files.wordpress.com/2...ng?w=589&h=402
Quoting mohan76
happy new year bro , i am going to take my family out today, tomorrow / tonight i might trade

my motel offer free wifi...
ya..Finally We see some movement last night..
so hopefully some today n tomorrow too before New Year
Patience, Emotion Control and Discipline.
Quoting johncen

my motel offer free wifi...
ya..Finally We see some movement last night..
so hopefully some today n tomorrow too before New Year
one of the brokers news feed saying dynamic stop loss run brought the eu/usd to the low ....., we know stop hunt/run , what is this dynamic stop loss run
Mohan
hi guys, what price is good to short again later?

thanks
Quoting mohan76
one of the brokers news feed saying dynamic stop loss run brought the eu/usd to the low ....., we know stop hunt , what is this dynamic stop loss run
I am afraid some new term...
I believe there are stops near 2870~~
bull will not give up easily..
Patience, Emotion Control and Discipline.
Quoting johncen
I am afraid some new term...
I believe there are stops near 2870~~
bull will not give up easily..
may be it's a coordinated action by broker and LP ,

should bounce back here at least to 3000

if it is a normal day i would have taken long blindly , low liquidity make me worry
Mohan
Quoting mohan76
may be it's a coordinated action by broker and LP ,

should bounce back here at least to 3000

if it is a normal day i would have taken long blindly , low liquidity make me worry
2926 or 2929 may offer some short term resist too
yes was planning to take some long near 2900 but didnt due to low liquidity...
also I am in holiday mode too...
Patience, Emotion Control and Discipline.
Quoting johncen
I am afraid some new term...
I believe there are stops near 2870~~
bull will not give up easily..
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Quoting johncen
2926 or 2929 may offer some short term resist too
yes was planning to take some long near 2900 but didnt due to low liquidity...
also I am in holiday mode too...
I'm going to take the long should I see the low again with a 15 pip s/l.

Tried two earlier longs without success but had very very tight stop losses so no real harm done.

I'm thinking the italian debt auction may be a strong positive result because if its not then we're heading to 126-7 level and can't see it for the end of year, it maybe too soon for a collapse but will be ready should it break 2870-80 with momentum.
Quoting mohan76
one of the brokers news feed saying dynamic stop loss run brought the eu/usd to the low ....., we know stop hunt/run , what is this dynamic stop loss run
Thats when you put your stop at 1.29075, your broker sees it and moves the market against you.
Quoting Cecil Gee
I'm going to take the long should I see the low again with a 15 pip s/l.

Tried two earlier longs without success but had very very tight stop losses so no real harm done.

I'm thinking the italian debt auction may be a strong positive result because if its not then we're heading to 126-7 level and can't see it for the end of year, it maybe too soon for a collapse but will be ready should it break 2870-80 with momentum.
I agree with your thinking and i have longed as well.
  •  duca
  • | Joined Dec 2011 | Status: Investing is simple, but not easy | 409 Posts
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give 1 and get 100
Just for feel:

Risk trades deteriorated in early US trading on Wednesda, sending EUR/JPY to its lowest level in 10 years. USD was the top performer while GBP lagged. The Asia-Pacific schedule is quiet.

As US traders came to their desks, the GBP began to fall sharply. It was quickly followed by the euro and, later, the broad risk trade. Low liquidity exaggerated the moves, which were driven by a number of reasons : 1) Concerns about a growing ECB balance sheet after weekly data was released 2) A rise in overnight ECB deposits, suggesting banks are unwilling to lend to one another 3) rumors of European sovereign downgrades 4) worries about the Italian auction

None of these reasons stand up particularly well to scrutiny. Flows, year-end settlement and possible hedge fund closures/redemptions were more likely culprits.

No major US economic data was released in the session but various metrics on the US holiday shopping season suggested a 3-5% y/y improvement. We caution that it is still early for drawing conclusions.

Oil fell back below $100 after climbing earlier on the growing war of words between Iran and the US regarding the Strait of Hormuz. US naval commanders said a closure of the Strait will not be tolerated.

Perhaps the most significant move was a brief fall in EUR/JPY below the October low of 1.0075 to a fresh 10-year low. A more sustained break would be deal a significant technical blow.

Other large moves came in gold (-2.7%) silver (-6%) and the S&P 500 (-1.3%) as it fell into negative territory on the year.

With no data scheduled for the Asia-Pacific session, the focus will sharpen on a series of longer-dated Italian debt auctions in the day ahead. Yields at short-term bill auctions on Wednesday were roughly half of what they were a month ago. This helped to pull down longer-dated yields in early trading but after the sharp euro selloff, 10-year rates climbed back to nearly unchanged at 7%.

The market doesnt appear to be betting on a large improvement partly because of persistent signs of year-end cash hoarding. Even if yields improve in the sale, it may be risky to buy EUR given illiquid markets and unpredictable flows.
Beauty awakens the soul to act. Dante Alighieri
Looks like maybe a good short here. Anyone?
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GD morning HappyTrader
Quoting melvyn
Looks like maybe a good short here. Anyone?
my taget it will test 2011 low.....and potential break still have there...
Bismillah
Quoting EAsuccess
I'm currently watching the EUR/USD slowly consolidate upward. A nice trend line is forming and gently sloping up along the higher lows. You can see it easily on a one hour chart. Until I get a clear break of that line with a nice red candle I'm on the sideline.

Hope you were able to score a few pips on that one... Unfortunately I fell asleep last night! Anyways it was a perfect breakout trade.
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Quoting maiwa
GD morning HappyTrader
good morning!
Quoting SA-Sniper
HI ,,

Better to wait to break the trend


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Quoting mohan76
one of the brokers news feed saying dynamic stop loss run brought the eu/usd to the low ....., we know stop hunt/run , what is this dynamic stop loss run

it may not be the reason dude, the movement is purely based on some fundamental reason, cant be technical one like you said. you know the day was bond auction day, that's the main reason for such a reaction.
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