EURUSD | Page 29363 | 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

  • #587,241
  • Jan 23, 2012 12:11pm Jan 23, 2012 12:11pm
If your looking for a good short, USD/CAD is looking good right here.

Just came back up to resistance below a descending triangle on the daily chart at 1.008.

Could be a swift move once the Bulls go away.
  • #587,242
  • Jan 23, 2012 12:21pm Jan 23, 2012 12:21pm
Quoting ingmarforex
Cant wait if whe get that capitulation thingy that would be fun to watch.
which makes this situation unsustainable.

you see what the ECB is doing is clever QE, they take gov paper as collateral and in turn give needed liquidity to the banking sector this does two things

1- it creates fake demand for gov debt and soaks up the bonds.
2- it injects needed liquidity to the banks

however the situation in Greece is dire and key for PSI, as they tip toe around preventing the trigger of CDS, to prevent contagion they will dry up demand for private demand for gov paper. Now once the banks meet liquidity requirements

who is left to buy the bonds?

see the market right now is taking the auctions as a good thing as it renders the S&P downgrades irrelevant for the mean time.

Feb 13 is when Greece will announce debt swap deals..........more can kicking.
AVT INVENIAM VIAM AVT FACIAM
  • #587,243
  • Jan 23, 2012 12:22pm Jan 23, 2012 12:22pm
Just my view...
Attached Image (click to enlarge)
Click to Enlarge Name: Divergences.JPG Size: 143 KB
  • #587,244
  • Jan 23, 2012 12:26pm Jan 23, 2012 12:26pm
Quoting johnnyrei
done for today - leave my position opend through asia. C u @ london.

green pips to everyone
just watching pa - quick update - price jumped off the bottom of this channel, hopefully it goes through further down:
Attached Image (click to enlarge)
Click to Enlarge Name: bc.jpg Size: 143 KB
  • #587,245
  • Jan 23, 2012 12:31pm Jan 23, 2012 12:31pm
What's the reasoning behind your fresh bearish trades ? I think that it is now nesting for 1.3075. The pattern just doesn't look bearish to me.
  • #587,246
  • Jan 23, 2012 12:33pm Jan 23, 2012 12:33pm
Next 10 to 15 pip move could happen about now.
  • #587,247
  • Jan 23, 2012 12:36pm Jan 23, 2012 12:36pm
it's 1:35pm London time, I don't think we will get any big moves, maybe toward the north american close as banks close out or re-position, then we get the Wellington open and Tokyo........usually 40-60 pip range and then we get london. I don't expect any big movements right now till London
AVT INVENIAM VIAM AVT FACIAM
  • #587,248
  • Jan 23, 2012 12:36pm Jan 23, 2012 12:36pm
close all position with 7.3% profit for today...
  • #587,249
  • Jan 23, 2012 12:40pm Jan 23, 2012 12:40pm
Nearing the high of the day again at 1.305
  • #587,250
  • Jan 23, 2012 12:42pm Jan 23, 2012 12:42pm
Quoting the redlion
it's 1:35pm London time, I don't think we will get any big moves, maybe toward the north american close as banks close out or re-position, then we get the Wellington open and Tokyo........usually 40-60 pip range and then we get london. I don't expect any big movements right now till London

your clock is all wrong it's 6:41pm here in the UK
  • #587,251
  • Jan 23, 2012 12:50pm Jan 23, 2012 12:50pm
Quoting MaxDoom
your clock is all wrong it's 6:41pm here in the UK
sorry meant ny time lol
AVT INVENIAM VIAM AVT FACIAM
  • #587,252
  • Jan 23, 2012 12:57pm Jan 23, 2012 12:57pm
Quoting the redlion
sorry meant ny time lol

easily done
Attached Image
  • #587,253
  • Jan 23, 2012 1:55pm Jan 23, 2012 1:55pm
Short term the daily chart looks to be signaling a downward move soon.

No significant support until 1.282 on the closes from last week.


As always, your thoughts are welcome and appreciated.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusddaily.gif Size: 22 KB
  • #587,254
  • Jan 23, 2012 2:07pm Jan 23, 2012 2:07pm
Quoting sonicpunk32
Next 10 to 15 pip move could happen about now.
Or now.
  • #587,255
  • Jan 23, 2012 2:26pm Jan 23, 2012 2:26pm
kind of retracment to buy
  • #587,256
  • Jan 23, 2012 2:26pm Jan 23, 2012 2:26pm
Quoting todstars2
Short term the daily chart looks to be signaling a downward move soon.

No significant support until 1.282 on the closes from last week.


As always, your thoughts are welcome and appreciated.
Yesterday was the only day that looked short, it looks all long from here... maybe make new highs on hopium near 1.5xx... S&P not willing to come down at all, so that signals a big bull on short sqeeze
  • #587,257
  • Jan 23, 2012 2:42pm Jan 23, 2012 2:42pm
Quoting MaxDoom
easily done
I USE timeanddate.com you can build your own personal clock

this website is also useful

http://www.stocktime.ru/en/index.html

market hours by stock exchange opens in UTC 24h format
AVT INVENIAM VIAM AVT FACIAM
  • #587,258
  • Jan 23, 2012 2:45pm Jan 23, 2012 2:45pm
Quoting harigp
kind of retracment to buy
1.30 seems to be support for now, look for the euro to go above 1.3050 for continuation at 1.3020 i believe that will be easily done.

the euro on average travels at a range of 120 pips/24hr from high to low
of course volatility being heteroskedastic is not rigid.

>60 pip either way seems to tilt equilibrium to bull or bear side, so if a retrace happens on NY CLOSE ASIA open should be no greater than 1.2870 and that is already pushing it. re testing 1.30 is normal
AVT INVENIAM VIAM AVT FACIAM
  • #587,259
  • Jan 23, 2012 2:56pm Jan 23, 2012 2:56pm
Quoting sidhujag
Yesterday was the only day that looked short, it looks all long from here... maybe make new highs on hopium near 1.5xx... S&P not willing to come down at all, so that signals a big bull on short sqeeze

Where are the buyers above 1.305?

They vanish.
  • #587,260
  • Jan 23, 2012 3:00pm Jan 23, 2012 3:00pm
..............
Attached Image (click to enlarge)
Click to Enlarge Name: el 24.gif Size: 18 KB
579 traders viewing now, 2 are registered:
F.g
,
Glpp