EURUSD | Page 30063 | 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

  • #601,241
  • Feb 28, 2012 4:35pm Feb 28, 2012 4:35pm
Quoting JTattheRanch
are you going to still be buying when the Euro is trading at 1.05XX in 4 years from now. You're naturally a bull, but that's a pretty long time to have the Bear kill you.

however in the near future you're right. The Euro is going to top around 1.41xx. Just give it a week or two.
What makes you say I'm a bull? I'm not. And I don't think we'll get t 1.41.
This bull run will soon be over. Maybe 1.3615?
The only reason it will go higher is that we're in a bull run already, there is nothing to support it fundamentally.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #601,242
  • Feb 28, 2012 5:05pm Feb 28, 2012 5:05pm
its like a giant sucking liquidity hole. Things in europe are bad and banks are prolly selling off assets requiring more and more euros. so this could continue for quite a while i think this happened before sometime last year somethign similar with french banks selling off assets like crazy or something of the sort.

i've almost given up on the bearish case...
  • #601,243
  • Feb 28, 2012 5:17pm Feb 28, 2012 5:17pm
so how do you guys tihnk the LOTR is going to affect the euro? Last time it caused the new year rally am i right? so will it cause the euro to rally further to the likes of 1.38, or just out target of 1.36 to which i am looking for a big short posittion.
  • #601,244
  • Feb 28, 2012 5:20pm Feb 28, 2012 5:20pm
we've been neanderthaling around this level for days now so its coiling again for 200 pip upside or 200 pip downside move i think, something is telling me the former is whats gonna happen.
  • #601,245
  • Feb 28, 2012 5:23pm Feb 28, 2012 5:23pm
Quoting KillerWhale
What makes you say I'm a bull? I'm not. And I don't think we'll get t 1.41.
This bull run will soon be over. Maybe 1.3615?
The only reason it will go higher is that we're in a bull run already, there is nothing to support it fundamentally.
i agree, it will stop at 1.3615 or max few pips.
Trend Is Friend
  • #601,246
  • Feb 28, 2012 5:37pm Feb 28, 2012 5:37pm
Quoting JTattheRanch
however in the near future you're right. The Euro is going to top around 1.41xx. Just give it a week or two.
based on advanced supercomputer neural network analytical model
  • #601,247
  • Edited 5:54pm Feb 28, 2012 5:42pm | Edited 5:54pm
Quoting polatok
i agree, it will stop at 1.3615 or max few pips.
The level coming up is 1.3485 - 1.3491. The next one is 1.3685. BUT we have been bull since Feb. 16.
Make your losses in demo. Earn your profits live.
  • #601,248
  • Feb 28, 2012 5:44pm Feb 28, 2012 5:44pm
However you read it...

Euros are passing from strong hands into weak hands.

Be careful and don't get caught on the wrong side when this thing starts to break down.

At this high a level, one whiff of bad news and before you know it, you will be the last girl/guy in the bar when last call comes.
  • #601,249
  • Feb 28, 2012 5:46pm Feb 28, 2012 5:46pm
Pain is still up so eur going up no matter how bad it is.... retailers too bearish
  • #601,250
  • Feb 28, 2012 5:46pm Feb 28, 2012 5:46pm
here we go again.
  • #601,251
  • Feb 28, 2012 5:51pm Feb 28, 2012 5:51pm
Quoting Forexia
The level coming up is 1.3485 - 1.3491. The next one is 1.3685.
It won't pass the downward going trend line that easy, and if it does, it'll go way higher.
1.3685 is a wild guess without any sense to it.
Attached Image (click to enlarge)
Click to Enlarge Name: eu daily 02-28.gif Size: 42 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #601,252
  • Feb 28, 2012 5:53pm Feb 28, 2012 5:53pm
Quoting staffpro
based on advanced supercomputer neural network analytical model
  • #601,253
  • Feb 28, 2012 5:55pm Feb 28, 2012 5:55pm
I think price is testing previous high @1.347x/8x...(a supply area) D1
If it breaks, it could reach 1.355x...if not
it could move down to 1.338x..based oh H4.
  • #601,254
  • Feb 28, 2012 5:59pm Feb 28, 2012 5:59pm
testing 1.348 to 1.354.

thats the extremes on the daily candles.

"stop hunting" in a thin market
  • #601,255
  • Feb 28, 2012 6:02pm Feb 28, 2012 6:02pm
Quoting sidhujag
Pain is still up so eur going up no matter how bad it is.... retailers too bearish
I dont think over bearish sentiment, is simply selling resistance, this ping pong is frustrating, but must be patient, ladies all tapping resistance, ideal trades are scalp sell sl above resist, is normal, is not wise to be considering long until resist is breached and possibly retest, then look to long, buying just under resistance is high risk,

Just need be patient, stick to plan, and treat resistance as resistance until its not !!

Manage sl, pb tp keep it tight and trade safe
If you are new to Forex? Say Goodbye to your account!!
  • #601,256
  • Feb 28, 2012 6:05pm Feb 28, 2012 6:05pm
Quoting KiwiTrada
I dont think over bearish sentiment, is simply selling resistance, this ping pong is frustrating, but must be patient, ladies all tapping resistance, ideal trades are scalp sell sl above resist, is normal, is not wise to be considering long until resist is breached and possibly retest, then look to long, buying just under resistance is high risk,

Just need be patient, stick to plan, and treat resistance as resistance until its not !!

Manage sl, pb tp keep it tight and trade safe
Yea its all reverse physcology.... that's all that's moving the market trying to steal from retailers who keep have their brains twisted by all the headfakes lol
  • #601,257
  • Feb 28, 2012 6:07pm Feb 28, 2012 6:07pm
Quoting sidhujag
Yea its all reverse physcology.... that's all that's moving the market trying to steal from retailers who keep have their brains twisted by all the headfakes lol

please explain how it makes sense for "whoever" you are speaking of to be stealing from the retail forex market which is estimated to be about 5% of daily turnover. That makes no sense.
  • #601,258
  • Feb 28, 2012 6:12pm Feb 28, 2012 6:12pm
Quoting KiwiTrada
Manage sl, pb tp keep it tight and trade safe
Pb?
  • #601,259
  • Feb 28, 2012 6:15pm Feb 28, 2012 6:15pm
Quoting Alec
Pb?
sorry bro " Partial Bank, when possible bank enought pips to cover sl, and try leave sl where it is, (it should be already protected) otherwise moving sl to BE will get frustrated with getting stopped at BE
If you are new to Forex? Say Goodbye to your account!!
  • #601,260
  • Feb 28, 2012 6:16pm Feb 28, 2012 6:16pm
Quoting KiwiTrada
sorry bro " Partial Bank, when possible bank enought pips to cover sl, and try leave sl where it is, (it should be already protected) otherwise moving sl to BE will get frustrated with getting stopped at BE
Thanks
899 traders viewing now