EURUSD | Page 30178 | 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

  • #603,541
  • Mar 5, 2012 1:30am Mar 5, 2012 1:30am
EU Analysis 05/03/12
Good morning all and welcome to a new trading week. Last week, EU broke out of the 3486-3385 range on Wednesday and broke 3385 to the down side. The downward move continued till Friday last week thereby making most traders to believe that EU is now in a down trend. Though it seems so on a short term basis, but technically, the fact is that the Bulls are not yet totally overcome by the Bears. The Bears still need to break some prices to the downside before we will totally enter the Bear zone on a long term basis.
Currently, EU is ranging between 3214 and 3183 and this will make our bias on an intraday basis and short term. If EU successfully breaks 3214, then it might be a free ride back to 3286 which might then want to act as a resistance. Likewise, a successful break of 3183 and the Bull TL around there will result in more Bear pressure on EU.
@planbbiz
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 150 KB
  • #603,542
  • Mar 5, 2012 1:32am Mar 5, 2012 1:32am
Quoting FXMastermind
I´d just love FF down to 75 (or lower) and then uppity up in London.

yes wish was brit now not frankie would be feeling more confident

I feel open level rr was definitely long, but bulls so far is struggle, haha mighty bears fighting their butts off
If you are new to Forex? Say Goodbye to your account!!
  • #603,543
  • Mar 5, 2012 1:35am Mar 5, 2012 1:35am
Quoting Ac1d
So much negative views for the EU from analyst, they're all saying its going down even more this week. 1.300 is a projected estimate from the majority of analyst off of cnbc - squawk box. I'm thinking the start of this week is going to be headed to the upside myself just do to 4hr charts and the amount of downward movement last week. Plus NFP on friday should be promising for the US. I imagine that the NFP will determine if we hit 1.3000 or not.
tend to agree as there are bounce arnd 1.3150 lvls intially..
  • #603,544
  • Mar 5, 2012 1:37am Mar 5, 2012 1:37am
Quoting FXMastermind
I´d just love FF down to 75 (or lower) and then uppity up in London.
Missed my buy order by 2 pips. Meh.
Quant Hedge Fund CEO
  • #603,545
  • Mar 5, 2012 1:39am Mar 5, 2012 1:39am
Quoting KiwiTrada
bro if you could see my chart would pee your pants it is getting sicker every level we is crack
I can imagine...

...retest of these new lows would be nice now, before the end of the hour.
Quant Hedge Fund CEO
  • #603,546
  • Mar 5, 2012 1:44am Mar 5, 2012 1:44am
very very sticky indeed... who put the super glue there
  • #603,547
  • Mar 5, 2012 1:44am Mar 5, 2012 1:44am
this is truly a bloody monday, jesus, i had +20 pips and this stupid PA move up and hit my BE, stupid frankfurt.
  • #603,548
  • Mar 5, 2012 1:46am Mar 5, 2012 1:46am
You got that right. I just when flat after trading this range long, then short, and long again. Only made 10 pips the hard way. F this Frankie. Waiting till London open.



Quoting FXMastermind
I can imagine...

...retest of these new lows would be nice now, before the end of the hour.
  • #603,549
  • Mar 5, 2012 1:48am Mar 5, 2012 1:48am
Quoting SnaveForex
very very sticky indeed... who put the super glue there
lets try it one more time
  • #603,550
  • Mar 5, 2012 1:48am Mar 5, 2012 1:48am
Quoting happytrader
this is truly a bloody monday, jesus, i had +20 pips and this stupid PA move up and hit my BE, stupid frankfurt.
Can you use trailing stops? I know I can't with AAAFx (at least on my MT4). That might help you be a bit more dynamic in your stops and protect more of your profit.

I've already secured close to 1% of my total funds for today. This has been a good trading day for me.
Buy! Buy! Sell! Sell! Just make sure you have proper MM!
  • #603,551
  • Mar 5, 2012 1:56am Mar 5, 2012 1:56am
Guys - will it bounce or break the 4h resistance line? Any thoughts? I'm planning to buy atn.
  • #603,552
  • Mar 5, 2012 1:56am Mar 5, 2012 1:56am
Quoting SnaveForex
lets try it one more time
there she goes again
  • #603,553
  • Mar 5, 2012 1:57am Mar 5, 2012 1:57am
1.3160......you can do it
  • #603,554
  • Mar 5, 2012 1:58am Mar 5, 2012 1:58am
"Friday's break below the 100 day MA at $1.3290 saw the ensuing move to $1.3180, which opens up the possibility of further declines towards the $1.3000 level. The next support can be found at $1.3145 from the lows at $1.2625. While the 4 hour charts remain oversold there is a risk of a rebound back towards $1.3370, which is the breakout level from the double top formation at $1.3490. Only above the $1.3490 level negates the bearish set up and argues $1.3630."
  • #603,555
  • Mar 5, 2012 1:58am Mar 5, 2012 1:58am
Quoting FXMastermind
I´d just love FF down to 75 (or lower) and then uppity up in London.
Yes please. I collected a fair few pips trading the range during the Asian sess. Short closed @ 3192 for 16 pips.

-10 pips on my recent longs now.

Do your worst Franky, dare I say.
I'm just a small fish in a large pond; forever swimming against the tide.
  • #603,556
  • Mar 5, 2012 1:59am Mar 5, 2012 1:59am
gm all..

a new week with new profits is waiting for us..

started with shorts yesterday night and still holding on eu and gu

  • #603,557
  • Mar 5, 2012 1:59am Mar 5, 2012 1:59am
I'm gonna keep an agenda about how many time Frankfurt takes what Tokyo gives.
Got out of long with just 3 pips profit. Flat at the moment and sitting on my hands.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #603,558
  • Mar 5, 2012 2:02am Mar 5, 2012 2:02am
Come on London, show me the money.
I'm just a small fish in a large pond; forever swimming against the tide.
  • #603,559
  • Mar 5, 2012 2:02am Mar 5, 2012 2:02am
Quoting KillerWhale
I'm gonna keep an agenda about how many time Frankfurt takes what Tokyo gives.
Got out of long with just 3 pips profit. Flat at the moment and sitting on my hands.
i had nice short signal @ franky open but it went down after taking my sl
Mohan
  • #603,560
  • Mar 5, 2012 2:06am Mar 5, 2012 2:06am
Quoting KillerWhale
I'm gonna keep an agenda about how many time Frankfurt takes what Tokyo gives.
Got out of long with just 3 pips profit. Flat at the moment and sitting on my hands.
usually franky reverses whatever tokyo gains..usually tokyo is crap anyway uless bears or bulls start the night well off
343 traders viewing now, 1 is registered:
macd12