EURUSD | Page 30992 | 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

  • #619,821
  • Apr 3, 2012 2:44am Apr 3, 2012 2:44am
Quoting pipnaija
screwup all over again..

about to up the ANTE while trading..
Attachment


  • #619,822
  • Apr 3, 2012 2:45am Apr 3, 2012 2:45am
Today is turn around tuesday, i will trade on top of the hours setups.

After hourly close would look good for short, would expect a bit spike upwards and then strong sell but some bullish news accompanied with strong buy may extend upside move.

Just a speculation as always.
They think they are smarter than I am.
  • #619,823
  • Apr 3, 2012 2:45am Apr 3, 2012 2:45am
Quoting pipnaija
unleess you are scalping be wary market is in range.. USD and EURO both battling for space with euro looking likely to win. i dont like such scenarios because they eventually turn to traps.
just buying the dips for now
Trade What You See Not What You Want To See
  • #619,824
  • Apr 3, 2012 2:47am Apr 3, 2012 2:47am
Quoting Halifax
My thoughts:

While I agree that the Euro is trash, I believe the US dollar is even worse.

Europe has some really obvious structural problems, and austerity measures, riots and constant media attention highlight this.

But one of the main reasons the US economy is still appearing to be OK, or even in recovery comes down to the fact that they are not even attempting to cut their debt level, which is actually accelerating, enabled by the fed buying up the majority of issued t-notes. The US govt. hasn't started to cut down it's spending, and...
Ever heard of good things happen to good girls, while the bad girls get everything they want? I think the currency works the same.
charting the euro...
  • #619,825
  • Apr 3, 2012 2:52am Apr 3, 2012 2:52am
Quoting Halifax
My thoughts:

While I agree that the Euro is trash, I believe the US dollar is even worse.

Europe has some really obvious structural problems, and austerity measures, riots and constant media attention highlight this.

But one of the main reasons the US economy is still appearing to be OK, or even in recovery comes down to the fact that they are not even attempting to cut their debt level, which is actually accelerating, enabled by the fed buying up the majority of issued t-notes. The US govt. hasn't started to cut down it's spending, and...
Excellent post!

Both a pair of turds!

Look at the DOW rise since xmas how ridiculous is that! we all know its fixed for the elections.
rat
  • #619,826
  • Apr 3, 2012 2:53am Apr 3, 2012 2:53am
Quoting Halifax
...But one of the main reasons the US economy is still appearing to be OK, or even in recovery comes down to the fact that...........
........ a pizza slice in Manhattan is selling at $1 unlike $2.5 few months ago and still people have no money to spend on this shit.
The Thief of Wall Street
  • #619,827
  • Apr 3, 2012 2:54am Apr 3, 2012 2:54am
http://i44.tinypic.com/166gfut.png

See the Euro chart, it is a 4 hourly chart representing an uptrend in a channel type format. Currently the Euro is moving in a range between 1.3385 and 1.3285.

EURUSD resistance and support levels
R1 / 1.3385 R2 / 1.3485 R3 / 1.3636
S1 / 1.3285 S2 / 1.3185 S3 / 1.3131
  • #619,828
  • Apr 3, 2012 2:57am Apr 3, 2012 2:57am
Quoting shhhhh
Ever heard of good things happen to good girls, while the bad girls get everything they want? I think the currency works the same.
I think bad girls get everything they want for a while, but eventually they get arrested for shoplifting, get a drug addiction, die young... Bad behavior can't be rewarded indefinitely. At some point it will become clear to the majority that the system is broken, though they do their best to stay ignorant.

I just can't foresee that Bernanke, a man who has been wrong about practically everything, can defy his own economic theory and create trillions out of thin air with no consequences. I just don't believe he is that competent.

No vested interest here, but people tend to not believe things that they don't want to believe. From an outsider looking at the state of America and it's future prospects, I don't think there is quite so much to be optimistic about.

Sure there may be Dow 30000 in a couple of years, but I'm sure it won't come about without some serious inflation. Unlimited money creation and low inflation are incompatible, as I understand it.
"Don't Panic..."
  • #619,829
  • Apr 3, 2012 2:58am Apr 3, 2012 2:58am
Quoting Z3iz3i
Today is turn around tuesday, i will trade on top of the hours setups.

After hourly close would look good for short, would expect a bit spike upwards and then strong sell but some bullish news accompanied with strong buy may extend upside move.

Just a speculation as always.
Nope I think brit sell off, train boarding now
If you are new to Forex? Say Goodbye to your account!!
  • #619,830
  • Apr 3, 2012 2:59am Apr 3, 2012 2:59am
Going to bed at the end of this hour. Nothing overly exciting is going to happen... it's a facking Tuesday in a consolidation zone, longs and shorts need to drop it with the hero calls until *at least* wednesday.

Above: 3375

below: 3309, 3285

For your enjoyment:

Inserted Video


Inserted Video
  • #619,831
  • Apr 3, 2012 3:00am Apr 3, 2012 3:00am
Quoting Halifax
I think bad girls get everything they want for a while, but eventually they get arrested for shoplifting, get a drug addiction, die young... Bad behavior can't be rewarded indefinitely. At some point it will become clear to the majority that the system is broken, though they do their best to stay ignorant.

I just can't foresee that Bernanke, a man who has been wrong about practically everything, can defy his own economic theory and create trillions out of thin air with no consequences. I just don't believe he is that competent.

No vested interest...

All empires fall in the end this one is coming to a close too. It was never really a full blown empire like the Roman or British Empire but the Americans have had world dominance for a good part of last century and its coming to an end.

Other nations will be coming to take up the mantel take your pick as to who you think it will be.
rat
  • #619,832
  • Apr 3, 2012 3:01am Apr 3, 2012 3:01am
Quoting Chicky
........ a pizza slice in Manhattan is selling at $1 unlike $2.5 few months ago and still people have no money to spend on this shit.
hey Chicky
just read your profile story
very impressed
Trade What You See Not What You Want To See
  • #619,833
  • Apr 3, 2012 3:01am Apr 3, 2012 3:01am
We have on H1 Divergence (down)
Attached Image (click to enlarge)
Click to Enlarge Name: div.gif Size: 62 KB
  • #619,834
  • Apr 3, 2012 3:02am Apr 3, 2012 3:02am
Quoting DasPips
Going to bed at the end of this hour. Nothing overly exciting is going to happen... it's a facking Tuesday in a consolidation zone, longs and shorts need to drop it with the hero calls until *at least* wednesday.

Above: 3375

below: 3309, 3285
Don't go to bed yet. This is the time. As soon as Asia closes..........boom.
The Thief of Wall Street
  • #619,835
  • Apr 3, 2012 3:07am Apr 3, 2012 3:07am
Quoting Chicky
Don't go to bed yet. This is the time. As soon as Asia closes..........boom.
which stock market close named as Asian close ?
Mohan
  • #619,836
  • Apr 3, 2012 3:07am Apr 3, 2012 3:07am
Quoting Halifax
I think bad girls get everything they want for a while, but eventually they get arrested for shoplifting, get a drug addiction, die young... Bad behavior can't be rewarded indefinitely. At some point it will become clear to the majority that the system is broken, though they do their best to stay ignorant.

I just can't foresee that Bernanke, a man who has been wrong about practically everything, can defy his own economic theory and create trillions out of thin air with no consequences. I just don't believe he is that competent.

No vested interest...

That's not the point. I trade currencies without any remorse or moral issues. Stating an apocalyptic course for the US and then waiting to happen might get you a Nobel price on the long, long run, but for trading it has no meaningful importance. Unless you are a very, very long term trader, in which case you wouldn't be around this forums day after day. You cannot state today that US is much worse than EU and than to expect price to move in a direction for the day, week or even months. It's more like flipping a coin. And for people wondering around this forums for such opinions, well, it's more like watching soap-opera while placing trades randomly.
charting the euro...
  • #619,837
  • Apr 3, 2012 3:08am Apr 3, 2012 3:08am
Quoting Halifax
My thoughts:

to cut their debt level, ... The US govt. hasn't started to cut down it's spending,

BRICS begin to move away from it's reserve status

The fed is absolutely destroying the dollar....
Well sounds nice in theory but I disagree with most of your points as they don't match reality.

You are forgetting an important variable in the equation. Is not only debt size but u should include debt and repayment capacity and there, the US, although playing with fire, is by far the biggest economy and the best country (haven) bet to "lend" money short and mid term (25 years span).... Is not my opinion, just look at Treasuries...

On the Brics, sure sounds nice but to what currency they are going to shift? size wise as a global currency only euro is slightly comparable...but we'll agree that is not an option to replace 100% US dollar holding, Yen? lol, Sterling or CHF? will not even make it in size for the smallest emerging economy in world.... CNY? yeah sure has huge potential given the size and importance of China but first they will need to make it float and more importantly open to all investors/countries as financial instrument (that's decades from today..if ever in our live time)...so not chance for Brics...

The FED is just doing its job and US Administration is benefiting from election year....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #619,838
  • Apr 3, 2012 3:12am Apr 3, 2012 3:12am
Quoting shhhhh
That's not the point. I trade currencies without any remorse or moral issues. Stating an apocalyptic course for the US and then waiting to happen might get you a Nobel price on the long, long run, but for trading it has no meaningful importance. Unless you are a very, very long term trader, in which case you wouldn't be around this forums day after day. You cannot state today that US is much worse than EU and than to expect price to move in a direction for the day, week or even months. It's more like flipping a coin. And for people wondering around...
Couldn't have said it better myself
  • #619,839
  • Apr 3, 2012 3:14am Apr 3, 2012 3:14am
[email protected]
Targets for Tuesday!
Attached Image (click to enlarge)
Click to Enlarge Name: 1ab.gif Size: 28 KB
Daytrader
  • #619,840
  • Apr 3, 2012 3:16am Apr 3, 2012 3:16am
Quoting mohan76
which stock market close named as Asian close ?
The ones managed by "holes of asses"
The Thief of Wall Street
510 traders viewing now, 1 is registered:
swannjie