EURUSD | Page 30591 | 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

  • #611,801
  • Mar 19, 2012 4:28pm Mar 19, 2012 4:28pm
Quoting Ahmed-Egy
I really don't know what daily chart are you looking at, but there is a PERFECT H&S on my daily chart and triangles has nothing to do with H S btw .. And after all head and shoulders is just a Shampoo nothing more and the chart clearly says why ;;;;

Assume that with little hesitation price keeps going up...would you still consider a H&S formation? You HAVE a H&S when you break the neckline, not to mention the way it is formed. This is FAR from a perfect H&S..two bumps in a road doesn't make for a playboy model with big-boobs...
charting the euro...
  • #611,802
  • Mar 19, 2012 4:35pm Mar 19, 2012 4:35pm
Quoting genuinelyFX
Due to the WAY the daily chart descended last week and bounced strongly on Friday, my bias, after a short rejection around 1.33, remains to the upside. I am unable to see a H&S formation forming next, as I am unable to see what could change my bias for the moment. Future candles need to be drawn before finding new reasons…As of now, I am in favor of some shorts at the green zone, then looking to unload for a break above. Good luck and trade safe!

Attachment
thanks

Quoting Ahmed-Egy
I really don't know what daily chart are you looking at, but there is a PERFECT H&S on my daily chart and triangles has nothing to do with H S btw .. And after all head and shoulders is just a Shampoo nothing more and the chart clearly says why ;;;;
x2

now i know what the hell is goin on lol
  • #611,803
  • Mar 19, 2012 4:45pm Mar 19, 2012 4:45pm
Studying dead markets ................. how interesting.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #611,804
  • Mar 19, 2012 4:47pm Mar 19, 2012 4:47pm
Watching paint dry...............
New voice message: Why are you calling me? If I need you, I'll call you!
  • #611,805
  • Mar 19, 2012 4:50pm Mar 19, 2012 4:50pm
KillerWhale, you was trading USDCAD as me looking for 1,0 target. You wrote you exit it. I was waiting some time till my SL hit 990. What do you think about this pair now? It still looks possible to reach 1,0. Am I right or it could be hard this week? Looking 4H it could go north...
  • #611,806
  • Mar 19, 2012 4:59pm Mar 19, 2012 4:59pm
So I guess it's settled. 1.3240.
  • #611,807
  • Mar 19, 2012 5:40pm Mar 19, 2012 5:40pm
Quoting Tomoney
KillerWhale, you was trading USDCAD as me looking for 1,0 target. You wrote you exit it. I was waiting some time till my SL hit 990. What do you think about this pair now? It still looks possible to reach 1,0. Am I right or it could be hard this week? Looking 4H it could go north...
I'm back in, long @ 0.9871
New voice message: Why are you calling me? If I need you, I'll call you!
  • #611,808
  • Mar 19, 2012 5:42pm Mar 19, 2012 5:42pm
Quoting JTattheRanch
So I guess it's settled. 1.3240.
What is settled?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #611,809
  • Mar 19, 2012 5:45pm Mar 19, 2012 5:45pm
Quoting kibescorp
Much higher. New highs to be made.

There's absolutely no reason to be pulling out of long positions right now ... or entering into shorts.

People need to quit trying to call tops in an uptrend and anticipate a plummet that isn't going to happen.

In addition, people need to realize that markets rarely react as expected to news releases. Everything is either already priced-in long before the actual release of data (at which point the reaction is either muted, or there is an opposite, contradictive movement) or completely ignored by the...
You need to realize that the trend i downtrend! And this is the best time for open a short position look on h4 chart and tell me that there is a uptrend...
  • #611,810
  • Mar 19, 2012 5:50pm Mar 19, 2012 5:50pm
Quoting KillerWhale
I'm back in, long @ 0.9871
And SL some near 0,9859? Or it is too tight in your opinion?
  • #611,811
  • Mar 19, 2012 6:09pm Mar 19, 2012 6:09pm
Hi,

I bet for Short, I taught the Friday's close price it is an overbought possition.

http://www.forexfactory.com/calendar...#details=39961. This news should strengthen the USD in my believe. And nothing to weaken it or stengten the Eur

I can't see any data, why moved this currency pair 90 PIP from London open or when I opened the position, except to raise more to have more speed at falling. It is Mondays, so it can be less transaction volume

Any fundamental analys to explain this daily green candle?
I want to buy PATIENCE
  • #611,812
  • Edited 6:27pm Mar 19, 2012 6:13pm | Edited 6:27pm
Added to my long position. Moved my SL on all position to 1.3165. Major support at 1.3175. TP still to be determined. Hopefully, we can start a new long term trend and I can ride it all the way to ~1.50 but I have my doubts. I, none the less, will close my position if there is a sign of a reversal. Looking for 1.3290 and 1.3315 tomorrow. Hopefully higher.
  • #611,813
  • Mar 19, 2012 6:17pm Mar 19, 2012 6:17pm
Good morning guys,

as expected late usa market did not participated at all , now we hav to move the market
Mohan
  • #611,814
  • Mar 19, 2012 6:21pm Mar 19, 2012 6:21pm
it needs another high to finish w5 from1.3140. that coulod finish the cycle so downtrend resumes
Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 19 KB
  • #611,815
  • Edited 6:50pm Mar 19, 2012 6:37pm | Edited 6:50pm
Quoting matheszabi
Hi,

I bet for Short, I taught the Friday's close price it is an overbought possition.

http://www.forexfactory.com/calendar...#details=39961. This news should strengthen the USD in my believe. And nothing to weaken it or stengten the Eur

I can't see any data, why moved this currency pair 90 PIP from London open or when I opened the position, except to raise more to have more speed at falling. It is Mondays, so it can be less transaction volume



Any fundamental analys to explain this daily...

move was pure technical. first of all don't trust overbought oversold situation it's calculated based on number of ticks received by mt4 not actual volume , Friday some hedge funds decided to wind up shorts as pa rejected @ 1.30xx. Monday open was showed possible retest of 32 but 43 was providing very strong support & rejected. PA still in range (upper range) but potential for break upside.


now pa suppose to test 00 but i doubt it as 32 still holding it, franky might play it own game. Asia might give some direction for short time


Edit : is your short underwater or you have booked it ?
Mohan
  • #611,816
  • Mar 19, 2012 6:53pm Mar 19, 2012 6:53pm
Quoting mohan76
move was pure technical. first of all don't trust overbought oversold situation it's calculated based on number of ticks received by mt4 not actual volume , Friday some hedge funds decided to wind up shorts as pa rejected @ 1.30xx. Monday open was showed possible retest of 32 but 43 was providing very strong support & rejected. PA still in range (upper range) but potential for break upside.


now pa suppose to test 00 but i doubt it as 32 still holding it, franky might play it own game. Asia might give some direction for short time

Thank you very much.

I learnt to not argue with "the tape" and if I look enough than I will see it, but has to many candles there an different resolution.

Probably you are talking about this:
http://img843.imageshack.us/img843/9...20320at145.png

Uploaded with ImageShack.us

- for the ranging.

Thanks again.
I want to buy PATIENCE
  • #611,817
  • Edited 7:03pm Mar 19, 2012 7:00pm | Edited 7:03pm
" is your short underwater or you have booked it ?"

I can't allow 90 pip SL or more in Live account and today I hadn't time to watch the market. I this bet is on a Demo account, but I feel wrong, not because the marked moved against me, but I didn't understood why => failed with my analis. I was 100 % sore I will see a 30 pip profit from 1.31449, because the price started to fall. Just realized I did a short exactly at the bottom...

- shill have the short position and I would like to take some other shorts too, but I am overleveraged already and the chart didn't told me yet I will be k , if I sell. Iam going to sleep and check before Frankfurt open what they did at Hong Kong
I want to buy PATIENCE
  • #611,818
  • Edited 7:33pm Mar 19, 2012 7:01pm | Edited 7:33pm
Quoting matheszabi
Thank you very much.

I learnt to not argue with "the tape" and if I look enough than I will see it, but has to many candles there an different resolution.

Probably you are talking about this:


- for the ranging.

Thanks again.
healthy/logical discussion most welcome, i way of trading is looking at levels situation.

blue lines are range

edit : just notice Tokyo off for the day

edit2 : you should have same tight policy on demo too , loosing policy on demo will screw you on live too
Attached Image (click to enlarge)
Click to Enlarge Name: euro1h.jpg Size: 133 KB
Mohan
  • #611,819
  • Mar 19, 2012 7:30pm Mar 19, 2012 7:30pm
Quoting mohan76
healthy/logical discussion most welcome, i way of trading is looking at levels situation.

blue lines are rage

edit : just notice Tokyo off for the day

edit2 : you should have same tight policy on demo too , loosing policy on demo will screw you on live too
edit 3: rage or range.. both sound good to me
  • #611,820
  • Mar 19, 2012 7:34pm Mar 19, 2012 7:34pm
Quoting 2046
edit 3: rage or range.. both sound good to me
thanks, traders are only good with numbers
Mohan
468 traders viewing now, 2 are registered:
StillDreamer
,
Kobza1984