EURUSD | Page 29744 | 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

  • #594,861
  • Feb 14, 2012 4:42am Feb 14, 2012 4:42am
Quoting kuroro001
A clear break of it and 1,327x on the cards again.
A decent bounce off it and back below 1,3170
For me this is not good time to go long. Itīs still near the 1.32. This is very important level and fight about it will be difficult. But it is very difficult, because we donīt know which news about Greece will be tomorrow.
  • #594,862
  • Feb 14, 2012 4:50am Feb 14, 2012 4:50am
Quoting Henryk
For me this is not good time to go long. Itīs still near the 1.32. This is very important level and fight about it will be difficult. But it is very difficult, because we donīt know which news about Greece will be tomorrow.
No long for sure neither
If you like shorting strong resistance, now is the time to short it
COT: The precious data ignored
  • #594,863
  • Feb 14, 2012 4:55am Feb 14, 2012 4:55am
Everything today was so simple ... missed breakout but caught up with pull backs ... easy pips
Attached Image (click to enlarge)
Click to Enlarge Name: aa.gif Size: 21 KB
  • #594,864
  • Feb 14, 2012 4:55am Feb 14, 2012 4:55am
sell 1.3215 TP 1.3082
  • #594,865
  • Feb 14, 2012 4:57am Feb 14, 2012 4:57am
Quoting kuroro001
No long for sure neither
If you like shorting strong resistance, now is the time to short it
I have still shorts lower, which have targets between 1.2970-1.30. But I donīt know what will do with it volatility tomorrow. I think so the high on 1.3320 wonīt break.
  • #594,866
  • Feb 14, 2012 4:58am Feb 14, 2012 4:58am
Clearly runaway gap, i' am still eying 1,343 ( not immediately)
  • #594,867
  • Feb 14, 2012 4:59am Feb 14, 2012 4:59am
maybe the numbers coming from the us later today might give us a better trend for today... anyone looking to trade the numbers?
edit: btw tomorow does anyone know at what hour the announcement about greece will be made? thank you
Trade what you see not what you hope
  • #594,868
  • Feb 14, 2012 5:03am Feb 14, 2012 5:03am
Quoting sugarbelly
Clearly runaway gap, i' am still eying 1,343 ( not immediately)
Looking strong for that level atm.
  • #594,869
  • Feb 14, 2012 5:04am Feb 14, 2012 5:04am
Quoting ijan112
sell 1.3215 TP 1.3082
nice shorting point....
  • #594,870
  • Feb 14, 2012 5:07am Feb 14, 2012 5:07am
A trading volume indicator can dramatically improve your profitability, and the use of a volume indicator can make the analysis easier than reading the pure volume histogram at the bottom of the chart.
There are 3 things that are absolutes on a chart:

 

  1. Price
  2. Volume
  3. Time

Most of the other elements traders put on charts are calculations based on one or more of these absolute values and we call them “indicators.”
Trading volume, like price and time, is not an indicator.
However using a volume indicator can be helpful in trading in that it can help us “see” the meaning behind price and/or volume more easily.

  • #594,871
  • Feb 14, 2012 5:13am Feb 14, 2012 5:13am
Quoting faizanmemon7
nice shorting point....
i think not sniper shootting
trade small no lose
  • #594,872
  • Feb 14, 2012 5:14am Feb 14, 2012 5:14am
shorting 1.3198
sp : 1.3055
sl :1.3220

I think good news from USA give it down so far
Think Different
  • #594,873
  • Feb 14, 2012 5:19am Feb 14, 2012 5:19am
Quoting Tobinguyen
shorting 1.3198
sp : 1.3055
sl :1.3220

I think good news from USA give it down so far
news r not out so cant be too sure...
  • #594,874
  • Feb 14, 2012 5:20am Feb 14, 2012 5:20am
1,3150-1,3120-1,307x as tp would be the area/price i'd be looking at.
COT: The precious data ignored
  • #594,875
  • Feb 14, 2012 5:27am Feb 14, 2012 5:27am
3182 maybe the BE...
  • #594,876
  • Feb 14, 2012 5:29am Feb 14, 2012 5:29am
Quoting kuroro001
1,3150-1,3120-1,307x as tp would be the area/price i'd be looking at.
1.3235 level would be important

have a look at this rising trend line
Attached Image (click to enlarge)
Click to Enlarge Name: rising trendlne.gif Size: 30 KB
  • #594,877
  • Feb 14, 2012 5:29am Feb 14, 2012 5:29am
Quoting screwup
3182 maybe the BE...
oops sorry i'm wrong... not BE next break
  • #594,878
  • Feb 14, 2012 5:31am Feb 14, 2012 5:31am
Just took profit from long's, pleasure doing business!
All posts are my personal opinion
  • #594,879
  • Feb 14, 2012 5:32am Feb 14, 2012 5:32am
Quoting screwup
oops sorry i'm wrong... not BE next break

next strong support is @ 1.3115
  • #594,880
  • Feb 14, 2012 5:35am Feb 14, 2012 5:35am
Quoting MidasFX
scalping doesnt mean you only go for 2-5 pips. scalping means to take a chunk out of the overall move.

so if your scalping on a 5 min chart , yes your TP might be 5-10 pips, but if you trade a 1hr/4hr chart setup your TP might be +100 pips.

it is still scalping. everyone also just assumes scalping means super short term.
Post of the day.

To me, "scalping" is taking HIGH probability chunk(s) out of a broader move, with a view to a relatively shorter time in trade (over those looking to pick the entire wave from top to bottom), rather than just "sneaking 1 or 2 pips here and there, as many believe.

In this mindset, I'll routinely watch the first two minutes of, say, a 15min bar, and then enter along with confirming momentum for a target of 15 pips or so. Off the 1hr bars, it'll be more like 25-35 pips.

In BOTH of these scenarios, the setup prior to the traded bar has to be very good indeed and in sync with the context of a larger move, and the first two minutes on the sidelines will add confirmation.

There is no top and bottom picking with this.

Often, these scalps are fully covered intra-bar - meaning after the open and before the close of the bar in question.

Anyway, I'm rambling...
336 traders viewing now, 1 is registered:
macd12