EURUSD | Page 29286 | 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

  • #585,701
  • Jan 19, 2012 5:36am Jan 19, 2012 5:36am
Quoting ali_baba
thank you once again to all those who replied to my pivot point post. needless to say i would gladly return any favours, once I am more knowledgeable.

Great day to all - tempted to sell - but will stay disciplined and wait for 1.2910 -
Hi Ali_Baba,

There is an indicator "FiboPiv_v2" that you can install from other FF threads, and it will display Pivot points for you. Simply go to:

http://www.forexfactory.com/misc.php...eimg=1&page=11

Kind regards
  • #585,702
  • Jan 19, 2012 5:37am Jan 19, 2012 5:37am
It spite of all the selling, still pushing higher...
  • #585,703
  • Jan 19, 2012 5:38am Jan 19, 2012 5:38am
why euro is so stronger long?

thanks
Don't give up
  • #585,704
  • Jan 19, 2012 5:39am Jan 19, 2012 5:39am
Quoting ali_baba
interesting post - and Im inclined to agree with you - however yesterday I heard on bloomberg that traders are becoming news assymetric - good news rallies - bad news no reaction - weird...
Sorry mate, but where have u seen some negative news from eurozone today? Apart from lower forecasted deficit, we've got massive confidence in major eurozone bonds etc. On the other hand frankly bloomberg is doing everything to push price down.
  • #585,705
  • Jan 19, 2012 5:43am Jan 19, 2012 5:43am
Quoting geomink
why euro is so stronger long?

thanks
Firstly.. this is a major cycle low of 22 weeks
Secondly..the majority of retails traders are all short while the instos have all switched to net long in the last week...thus, retailers are being forced to begin to cover.

Thirdly...major channel, 21MA and key level have all been breached.
  • #585,706
  • Jan 19, 2012 5:44am Jan 19, 2012 5:44am
Next 4 hour bar = red
New voice message: Why are you calling me? If I need you, I'll call you!
  • #585,707
  • Jan 19, 2012 5:46am Jan 19, 2012 5:46am
Quoting KillerWhale
Next 4 hour bar = red
LOL!!!...you might be right too KW!
  • #585,708
  • Jan 19, 2012 5:46am Jan 19, 2012 5:46am
Quoting johnnyrei
Closed @ 1.2889.
Watching this blue channel on 10m. Hopefully PA will overshoot to 1.2958 - I plan to short there:
Attached Image (click to enlarge)
Click to Enlarge Name: 10mbc.jpg Size: 188 KB
  • #585,709
  • Jan 19, 2012 5:46am Jan 19, 2012 5:46am
Quoting zathan
Sorry mate, but where have u seen some negative news from eurozone today? Apart from lower forecasted deficit, we've got massive confidence in major eurozone bonds etc. On the other hand frankly bloomberg is doing everything to push price down.

Zathan - today has been a good day by in large for the EUR as you mentioned we did have the deficit figures which failed to make an impact but also the ever so slight increase in Spanish bond yields.

i apologise if i wasnt clear - i didnt mean that today was a bad news day, i was just sharing what i'd heard

where is all this bullishness coming from ?! greece resolving its psi? $1 trillion dollar contribution?
  • #585,710
  • Jan 19, 2012 5:47am Jan 19, 2012 5:47am
Quoting momotrader
Firstly.. this is a major cycle low of 22 weeks
Secondly..the majority of retails traders are all short while the instos have all switched to net long in the last week...thus, retailers are being forced to begin to cover.

Thirdly...major channel, 21MA and key level have all been breached.
thank you very much

so no short by now? until when?

txk
Don't give up
  • #585,711
  • Jan 19, 2012 5:48am Jan 19, 2012 5:48am
Until 5min closes below 1.2907, forget shorts yet or consider shorting at 1.2950/1.3000 if/when gets there.
They think they are smarter than I am.
  • #585,712
  • Jan 19, 2012 5:48am Jan 19, 2012 5:48am
Quoting momotrader
LOL!!!...you might be right too KW!
Of course I'm right, did you ever see me give a wrong prediction?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #585,713
  • Jan 19, 2012 5:49am Jan 19, 2012 5:49am
Quoting johnnyrei
Watching this blue channel on 10m. Hopefully PA will overshoot to 1.2958 - I plan to short there:

Be careful...Look at my chart below, once that green line breaks, it will go until 3030...

Attached Image (click to enlarge)
Click to Enlarge Name: EUR 19c jan.jpg Size: 158 KB
  • #585,714
  • Jan 19, 2012 5:50am Jan 19, 2012 5:50am
Quoting forexgator
Hi Ali_Baba,

There is an indicator "FiboPiv_v2" that you can install from other FF threads, and it will display Pivot points for you. Simply go to:

http://www.forexfactory.com/misc.php...eimg=1&page=11

Kind regards
thank you thats very kind of you!
  • #585,715
  • Jan 19, 2012 5:51am Jan 19, 2012 5:51am
Quoting momotrader
Be careful...Look at my chart below, once that green line breaks, it will go until 3030...

Attachment
No!!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #585,716
  • Jan 19, 2012 5:52am Jan 19, 2012 5:52am
Quoting ali_baba
thank you thats very kind of you!
You're welcome!
  • #585,717
  • Jan 19, 2012 5:54am Jan 19, 2012 5:54am
Quoting geomink
thank you very much

so no short by now? until when?

txk
Short -term traders will short right about now for a move back to 2880 or 2830, but over the next week this will continue to rise up to 3030, then 3210...
I would not recommend shorting, as many shorts will be getting covered over the next 3 - 5 days.
  • #585,718
  • Jan 19, 2012 5:56am Jan 19, 2012 5:56am
Quoting KillerWhale
No!!

Well, it might stop for a short breather at 2945...but after a possible pullback during the US session, it should continue on up..
  • #585,719
  • Jan 19, 2012 5:56am Jan 19, 2012 5:56am
Quoting momotrader
It spite of all the selling, still pushing higher...
Don't forget that much of the selling (corrections) is profit-taking by the bulls! Then after a drop they scale back in with the buys.

PS. And the bulls are mostly institutional computer programs of course.
  • #585,720
  • Jan 19, 2012 5:57am Jan 19, 2012 5:57am
Quoting KillerWhale
No!!
By: Gerry Davies

As aforementioned, more buy stops through 1.2910 before even more through 1.2930. The 1.2930 area seems to be an interesting one as decent combo of sell orders/stops up there. Sit presently at 1.2890.
283 traders viewing now