EurAnalysis | Page 1036 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #20,701
  • Jan 25, 2012 12:34am Jan 25, 2012 12:34am
today fundies that must be closely watching...

FED DECISION
EXPECT RATE TO HOLD...BUT QE3 SPECULATION SHOULD RESURFACE...

UK
MPC MEETING EXPECT ADJUSTMENT ON QE PROGRAM
PREM GDP,......must closly wathing this

EURO
GERMAN IFO........
Bismillah
  • #20,702
  • Jan 25, 2012 1:51am Jan 25, 2012 1:51am
today german auction eyed very closely

result is around 10.30gmt....
Bismillah
  • #20,703
  • Jan 25, 2012 2:02am Jan 25, 2012 2:02am
Quoting PeepPeep
Kno u r killing me with lots of info... all good and interesting, specially discipline thing... I hve been following most of u trading gods like PT, PK, RECKON, GOLDMAN etc.. u guys really post good stuff... its good learnin fo me...

I have been tradin since nov end and had good start, had 200% profit in 10 days.. but dont have specific style, so I always look for entries by guessing. iam interested to learn ur trading style, specially money flow and correlation out of 4 points u mentioned.

happy trading d keep us poste with ur gyaan..
congratulations
now go an read this stuff http://www.forexfactory.com/showthread.php?t=338283
but most of all, deleverage yourself completly until you now what you are doing
  • #20,704
  • Jan 25, 2012 4:05am Jan 25, 2012 4:05am
Futures look mixed and Euro has broken below rising trend line.

Looks like we might get that ABC correction I spoke about yesterday.

Attached Image (click to enlarge)
Click to Enlarge Name: ey-h1.gif Size: 36 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Futures.jpg Size: 163 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #20,705
  • Jan 25, 2012 4:07am Jan 25, 2012 4:07am
Quoting oceanis
congratulations
now go an read this stuff http://www.forexfactory.com/showthread.php?t=338283
but most of all, deleverage yourself completly until you now what you are doing

Thanks Oceanis,

lol... I think my usage of words like "guess" made you share that link.... But its good that you shared I really appreciate the link and the last advice of deleverage...

I don't guess completely, however I use technical charts... But in deep I think that technical charts without base knowledge of money flow or other fundamental is useless, just like a body without heart.... I am eager to know such heart.. The theory of fundamentals... If you can give any such link than I would be thankful to you once again....

Forgive if it sounds like newbie.. But I am newbie as far as support of fundamental analysis is concerned. Forgive me if this discussion was not to be posted at this thread....

PeepPeep.
  • #20,706
  • Jan 25, 2012 4:07am Jan 25, 2012 4:07am
Trendline break!!!1 hope fed statement did not spoil this movement!!
Attached Image (click to enlarge)
Click to Enlarge Name: euro27.JPG Size: 94 KB
Bismillah
  • #20,707
  • Jan 25, 2012 4:15am Jan 25, 2012 4:15am
Quoting krunfx
Trendline break!!!1 hope fed statement did not spoil this movement!!
Don't get too excited yet. The downside is still a bit stretched and technically there is unfinished business at RTL-1 (Rising trend line / Head and Shoulders Neckline) as it still has to be re-tested on the weekly chart (attached).


Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #20,708
  • Jan 25, 2012 4:19am Jan 25, 2012 4:19am
Quoting krunfx
Trendline break!!!1 hope fed statement did not spoil this movement!!
This trend line has a very little significance..instead if you are brain storming with technicals ... try Supply Demand (get some good info from PK's thread) .. would save this heck!
  • #20,709
  • Jan 25, 2012 4:21am Jan 25, 2012 4:21am
Every time there is a German bond auction we have risk off. London gap close is now closed again.

Thx Kno, a am watching euryen again, it is dificult for me to observe it and trade accordingly, however can you explain some rules or aksioms about it?

Here is a thick chart and watch how price react to trend line. If you want to cath a trend or momentum, there you do it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: tick chart line case.jpg Size: 277 KB
Click to Enlarge Name: thick chart 2.jpg Size: 224 KB
  • #20,710
  • Jan 25, 2012 4:22am Jan 25, 2012 4:22am
Quoting rekon67
This trend line has a very little significance..instead if you are brain storming with technicals ... try Supply Demand (get some good info from PK's thread) .. would save this heck!
ok wait and see...since 1.3 is psychologycal level for me
Bismillah
  • #20,711
  • Jan 25, 2012 4:23am Jan 25, 2012 4:23am
Quoting PipTrapper
Don't get too excited yet. The downside is still a bit stretched and technically there is unfinished business at RTL-1 (Rising trend line / Head and Shoulders Neckline) as it still has to be re-tested on the weekly chart (attached).


Attachment
price doesnt have to do anything PT. ive seen many cases of no retests.

the demand on weekly on the left is clearly consumed from this view.
u can see quite clearly on daily as well - that level has been hit 4x and it seems less attractive to buyers as it keeps on getting hit again and again.
Have I got something on my face, SOLDIER?
  • #20,712
  • Jan 25, 2012 4:24am Jan 25, 2012 4:24am
Quoting krunfx
ok wait and see...since 1.3 is psychologycal level for me
Daily end up with small body / bearish ..weekly bullish ... my candle study
  • #20,713
  • Jan 25, 2012 4:27am Jan 25, 2012 4:27am
Quoting rekon67
Daily end up with small body / bearish ..weekly bullish ... my candle study
yes i see,,,,, but 4hr?
Bismillah
  • #20,714
  • Jan 25, 2012 4:28am Jan 25, 2012 4:28am
Quoting krunfx
Trendline break!!!1 hope fed statement did not spoil this movement!!
it may even contribute to the downward pressure.
Have I got something on my face, SOLDIER?
  • #20,715
  • Jan 25, 2012 4:30am Jan 25, 2012 4:30am
Quoting rekon67
Daily end up with small body / bearish ..weekly bullish ... my candle study
My Daily perspective only giving me this range of PA movement ..where I have Sale from 1.3040 with TP 1.2960, 1.2930 SL 1.3081
Attached Image (click to enlarge)
Click to Enlarge Name: EU.PNG Size: 45 KB
  • #20,716
  • Jan 25, 2012 4:34am Jan 25, 2012 4:34am
heres another perspective to why i truly believe euro will drop tonight.

another chart but all hits on the same date. all the same for dow - gold and euro.
Attached Image (click to enlarge)
Click to Enlarge Name: drop.gif Size: 58 KB


coincidence?
or harmony?
Have I got something on my face, SOLDIER?
  • #20,717
  • Jan 25, 2012 4:38am Jan 25, 2012 4:38am
Quoting bumapatria
price doesnt have to do anything PT. ive seen many cases of no retests.

the demand on weekly on the left is clearly consumed from this view.
u can see quite clearly on daily as well - that level has been hit 4x and it seems less attractive to buyers as it keeps on getting hit again and again.
Agreed. But my point was that until we break RTL-0 then RTL-1 is still a target.

Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #20,718
  • Jan 25, 2012 4:42am Jan 25, 2012 4:42am
German Bond Auction : BUBA Sold Eur 2.458bln Of 3.25% 2042 Bunds Out Of A Target Eur3 Bln

http://www.forexlive.com/blog/2012/0...rget-eur3-bln/
Bulls Run. Bears Bite. We Profit.
  • #20,719
  • Jan 25, 2012 4:44am Jan 25, 2012 4:44am
Remember guys, don't work hard, work smart. Make thing simple as possible and don't try to over complicate things.
Today we had price in nice 1.3036 resistance area, USDX is in bullish trend so we got absolutely gorgeous sell signal when London opened. So what now? USDX is @ 100 EMA and seems to be forming doji, also eurusd seems to be forming doji H1. Now what we possible see is movement up near to 1.3036 again. But we will have better picture when H1 candle closes, still a bit soon to tell.
Always look what USDX does, everything revolves around the USD.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd usdx h1.png Size: 71 KB
  • #20,720
  • Jan 25, 2012 4:45am Jan 25, 2012 4:45am
Quoting PipTrapper
Agreed. But my point was that until we break RTL-0 then RTL-1 is still a target.

Attachment
hey ure a bull now ?


well to me price based on a weekly pin - sellers and you WILL see a supply level on lower timefreames and that tested the support. ure 0.618 is now the resistance level.


jsut my view.

i know u want first class seat for a crash.. no doubt no one doesnt want to lol
might be today for all that ivve been rubbing my eyes over all my charts and missing sleep on
Have I got something on my face, SOLDIER?
14 traders viewing now