EurAnalysis | Page 1172 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #23,421
  • Mar 5, 2012 7:20am Mar 5, 2012 7:20am
Quoting PipTrapper
SL 1.3155
Thanks,I think am really old now..type many times of mistakes
If there was easy money lying around,no one would be forcing it into your
  • #23,422
  • Mar 5, 2012 7:24am Mar 5, 2012 7:24am
Quoting FXMindset
Long @ 1.3205 SL 1.3155 Risk 2% TP : Open
Hey best of luck . lol i am also confused abt target either 3280 or 3320
Attached Image (click to enlarge)
Click to Enlarge Name: 100.gif Size: 33 KB
MMMYYYKKK
  • #23,423
  • Mar 5, 2012 7:28am Mar 5, 2012 7:28am
Quoting myk
Hey best of luck . lol i am also confused abt target either 3280 or 3320
target above 1.35
If there was easy money lying around,no one would be forcing it into your
  • #23,424
  • Mar 5, 2012 7:31am Mar 5, 2012 7:31am
Quoting FXMindset
target above 1.35
well that would be party hehe
MMMYYYKKK
  • #23,425
  • Mar 5, 2012 7:37am Mar 5, 2012 7:37am
Quoting myk
well that would be party hehe
Yo,happy Dancing...lolz
If there was easy money lying around,no one would be forcing it into your
  • #23,426
  • Mar 5, 2012 7:47am Mar 5, 2012 7:47am
From my charts yesterday, I thought we'd go sideways a little and might move upwards along the yellow line (extension on the daily chart). My preferred direction was down and managed to get +15 before going to bed last night.

This morning seems to have reversed and is moving upwards. First target looks to be in the 3250/3260 range. If that goes then its 3285 which is the top of the pullback (I think).

Lets see what NY brings us. On the sidelines right now.

Cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Mar3_0837.gif Size: 95 KB
I observe your reality but live my own.
  • #23,427
  • Mar 5, 2012 7:53am Mar 5, 2012 7:53am
The reason that EUR/USD has moved up since my last report is that Risk has come back on for the moment. Europe has become less negative in the Equity Markets and the Dow Futures are now down 16 instead of 40. Gold has recovered over $1,700 US and Oil is up.

The KEY is the US Bond Yield on the 2 Year US Bonds that now is at .30% from .27% and the 10 Year US Bonds are at 2.00% so MONEY is Flowing out of the US Bonds. The US Dollars from the sale are buying other Asset Classes including Euro. The Charts then adjust accordingly. I really hope this is clear to everyone reading my post. I am off for the rest of the day on other business so Trade Safe and watch ISM at 10:00 AM EST...
  • #23,428
  • Mar 5, 2012 8:53am Mar 5, 2012 8:53am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting PipTrapper
The delayed LTRO effect last time was a short squeeze. However, this time there are not as many shorts to squeeze. To have the same effect this time, we have to see some actual buying and not covering of sells.
As you said last week, and I continue to say until we have some major structural changes as well as some mediocre growth in the Euro Zone, the sentiment will remain negative.

I suspect that today we will test the 1.3250 resistance. Beyond that is anybody's guess but I'm leaning towards 1.2970 this week.
Agree totally - sentiment is bearish anyways. I'm currently tracking down timetable of possible retraces on bigger picture.
  • #23,429
  • Mar 5, 2012 9:52am Mar 5, 2012 9:52am
Quoting FXMindset
Long @ 1.3205 SL 1.3155 Risk 2% TP : Open
I am seeing
- Piercing on Euro
- Bull Pin on Sterling
- Dark Cloud on Swissie
- Double Top On Yen

Lets see...Lolz
If there was easy money lying around,no one would be forcing it into your
  • #23,430
  • Mar 5, 2012 11:00am Mar 5, 2012 11:00am
Pretty clear channel on 5M chart. 35 pip spread. Been good to me so far.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Mar3_1151.gif Size: 116 KB
I observe your reality but live my own.
  • #23,431
  • Mar 5, 2012 12:04pm Mar 5, 2012 12:04pm
For potential breakout to the up side. Only made 9 pips on that move down.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Mar3_1301.gif Size: 123 KB
I observe your reality but live my own.
  • #23,432
  • Mar 5, 2012 12:33pm Mar 5, 2012 12:33pm
Quoting Cgb
For potential breakout to the up side. Only made 9 pips on that move down.
Be careful going long looks like a rising wedge on the M15 and 4H is well overbought the bears could be gearing up for another stop hunt. Dollar index found resistance at the 50sma perhaps it will retest this before tomorrow's NY open.

Right now I think I'm with the majority of investors and doing nothing until we get a definite range or else an actual trend..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 12-02-28_12-12-44_EURUSD.gif Size: 19 KB
Click to Enlarge Name: 12-02-29_11-10-20_DOLLAR INDEX.gif Size: 19 KB
  • #23,433
  • Mar 5, 2012 12:47pm Mar 5, 2012 12:47pm

Hello , how are you bro?
Bulls Run. Bears Bite. We Profit.
  • #23,434
  • Mar 5, 2012 12:54pm Mar 5, 2012 12:54pm
Quoting Harpe Eagle

Hello , how are you bro?
I take it youre addressing me so I'll reply anyway! Am good dude and you? any more massive pip gains to share with us? I've been trying a few new things like TL trading and momentum trading on the M5 trying to develop better statistical analysis to give better identification of beginning and ending of range patterns. Results so far have been modest just around 30 pips per range trade missed a perfect short on usd/chf but not to worry its only 30 pips down so far want to see how it plays out!

How about you?
Attached Image (click to enlarge)
Click to Enlarge Name: 12-03-05_18-52-19_USDCHF.gif Size: 19 KB
  • #23,435
  • Mar 5, 2012 12:58pm Mar 5, 2012 12:58pm
Quoting RodMca
Be careful going long looks like a rising wedge on the M15 and 4H is well overbought the bears could be gearing up for another stop hunt. Dollar index found resistance at the 50sma perhaps it will retest this before tomorrow's NY open.

Right now I think I'm with the majority of investors and doing nothing until we get a definite range or else an actual trend..
Agreed, we broke to the down side on my 5M channel but not convinced of any direction. Day is over anyways and I expect minor swings or sideways until Tokyo open tonight.

Cheers!
I observe your reality but live my own.
  • #23,436
  • Mar 5, 2012 1:02pm Mar 5, 2012 1:02pm
Quoting Cgb
Agreed, we broke to the down side on my 5M channel but not convinced of any direction. Day is over anyways and I expect minor swings or sideways until Tokyo open tonight.

Cheers!
I agree candle closed below rising trendline on the M15 wedge but very little activity so its best to sit it out I dont expect any major downward movements anyway so I'll sit tight!

All the best!
  • #23,437
  • Mar 5, 2012 1:26pm Mar 5, 2012 1:26pm
Still dont know how to post or refer the old post and how to post 2 or several post
Post# 23403 , Page 1561

Chart posted earlier ... Still carrying the shorts....
Yes I was addressing you...I am also good ....
Bulls Run. Bears Bite. We Profit.
  • #23,438
  • Mar 5, 2012 1:37pm Mar 5, 2012 1:37pm
Quoting Harpe Eagle
Still dont know how to post or refer the old post and how to address 2 or several post
Post# 23403 , Page 1561

Chart posted earlier ... Still carrying the shorts....
Yes I was addressing you...I am also good ....
Just hit quote at the bottom right corner and start on a new line and when you submit message it'll come up as a quote.. I think thats what you wanted to know?

congrats on the shorts!
Attached Image
  • #23,439
  • Mar 5, 2012 1:46pm Mar 5, 2012 1:46pm
Quoting RodMca
Just hit quote at the bottom right corner and start on a new line and when you submit message it'll come up as a quote.. I think thats what you wanted to know?

congrats on the shorts!
love to have this type of short hope I will have her when eu will reach 1.25 or below
Nope....For example I want to quote your message and to quote other member message at the same time or in the same post....
Bulls Run. Bears Bite. We Profit.
  • #23,440
  • Mar 5, 2012 1:59pm Mar 5, 2012 1:59pm
Quoting Harpe Eagle
love to have this type of short hope I will have her when eu will reach 1.25 or below
Nope....For example I want to quote your message and to quote other member message at the same time or in the same post....
Well you have 3 shorts open why not try for 3 women if it reaches 1.25 or below haha..

Oh well in that case I presume you just copy and paste one into the new reply after quoting?
119 traders viewing now