EURUSD | Page 31615 | 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

  • #632,281
  • Apr 24, 2012 2:38pm Apr 24, 2012 2:38pm
Quoting cloggie
Penants, flags, etc. have very precise fib dimensions for both the pattern and the poles and have fib extensions and even fib cancellations where at the pattern is no longer valid.

I get the sense that you have no clue about any of the precise measurements of these patterns, so before you just post something that you have heard somewhere on the internet, go out and learn what the exact patterns are, and while you are at it find out the exact breakout and retest properties on all of them.

They are not just pretty pictures, there is a lot...
But Cloggie, that is a lot of work.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #632,282
  • Apr 24, 2012 2:41pm Apr 24, 2012 2:41pm
strong sell signal still in the game for min 1 hour...
  • #632,283
  • Apr 24, 2012 2:42pm Apr 24, 2012 2:42pm
Quoting eliabreu
Cloggie is ungry today!
Before a dayli break and confirmation of dayli 21 and 50 MA (what are almost the same now) I only see bears in my dreams and nightmares...
I see som break up on the way 3180 is for me magical! I guess up now! Might be wrong also - beginer
  • #632,284
  • Apr 24, 2012 2:44pm Apr 24, 2012 2:44pm
Quoting hlina9
I see som break up on the way 3180 is for me magical
how do you see that?
  • #632,285
  • Apr 24, 2012 2:44pm Apr 24, 2012 2:44pm
Quoting xandi
possible bullish pennant? hoppefully
Hopefully not as I am short!!!! I must say I cannot see your bullish pennant. In fact on the daily chart there are the remains of a bearish pennant. The pennant is now getting a bit long and lost. However we are in a range and my hope is that we will go short.
  • #632,286
  • Apr 24, 2012 2:47pm Apr 24, 2012 2:47pm
Almost time to go sleep
New voice message: Why are you calling me? If I need you, I'll call you!
  • #632,287
  • Apr 24, 2012 2:49pm Apr 24, 2012 2:49pm
Quoting hlina9
I see som break up on the way 3180 is for me magical
I see @3092 this week... maybe below @3000 next week...
on the other hand if dayli close and confirm above @32 wee can hope @348 soon...
always use SL
  • #632,288
  • Apr 24, 2012 2:50pm Apr 24, 2012 2:50pm
Quoting KillerWhale
Almost time to go sleep
Sleep ? watch Champions League ...
  • #632,289
  • Edited 3:13pm Apr 24, 2012 2:55pm | Edited 3:13pm
Quoting pips-scout
how do you see that?
I have some lines g-green, r-red, b-blue, g31906, g31801, r31875, r31773, g31619, b31753, w32012, r32120 and so on that are some ohlc from the past its always copiring the past, so all is tallked aroun and you can see that they are going from some high from past or som low from past thats all... so for me is this 180 number som g one ... But thats just nonprufed nontested and so ... Guess i lose ..but its entertening so wath u winn u lose the whole 19:00 to 20:00 we wre under wline ...for me it was sell as hell i missed it about one pip aaaa i had 31801 bl! Next I buy on g31906! They are seling from r31875 as u can see! If u drawen this lines u can see b31753 guess wat kind of line is it? Anybady has some calculation now
  • #632,290
  • Apr 24, 2012 2:57pm Apr 24, 2012 2:57pm
Quoting ChristopherM
Hopefully not as I am short!!!!


Hope is always good. I love the 5 exclamation marks too. Let us all pray for euro's demise; killing a chicken and sprinkling it's blood over the charts is a must.
  • #632,291
  • Apr 24, 2012 3:01pm Apr 24, 2012 3:01pm
Quoting Razvan
Hope is always good. I love the 5 exclamation marks too. Let us all pray for euro's demise; killing a chicken and sprinkling it's blood over the charts is a must.
Sorry man, i am only( from ur post ) seeing 4 exclamation marks not 5, have i had too much Vodka?
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #632,292
  • Apr 24, 2012 3:08pm Apr 24, 2012 3:08pm
Quoting ChristopherM
Hopefully not as I am short!!!! I must say I cannot see your bullish pennant. In fact on the daily chart there are the remains of a bearish pennant. The pennant is now getting a bit long and lost. However we are in a range and my hope is that we will go short.
In fact I have just spotted you bullish pennant and it is on the 15 minute chart. Personally I don't like it as the pole is a bit sunken. I can see how it could work, though for personal reasons, I would prefer if it did not - sorry!!!!!
Anyway the 15 minute chart does seem to be developing a nice descending channel. I see that there is a bank holiday in both Australia and New Zealand. This probably means little or no price action until Tokyo opens at midnight GMT.
  • #632,293
  • Apr 24, 2012 3:12pm Apr 24, 2012 3:12pm
Quoting 1stECN
I have Just noticed the (First In First Out Rule exist in Technical Analysis too; not just with the NFA brokers or the US)

Smart technical traders should take this into consideration. Was long the EURJPY, hours later EURUSD posted a short! EJ long and EU short? how come?

Well, I went long the JPY and waited until it hit TP. After it hit my tp, EURUSD started the short it posted when it never attempted hitting its tp sitting at 1.3146. Now, it a new clean opportunity to short and earn 60 or higher pips with very low risk! As at now, I'm short...

3146, here I come... lol.
Perfect Trading Core completed on 13/10/2012 : 2002-2012 |10yrs
  • #632,294
  • Apr 24, 2012 3:12pm Apr 24, 2012 3:12pm
Quoting cloggie
Don't you just love it, a leaked report saying that as so many countries in the EU are having trouble meeting deficit targets, let's just adjust those a bit....


Funny ain't it, bail them out, make them meet targets, then once they got the money, get rid of the targets that were set to get the bailout.

And some here wonder why the US is refusing to give the IMF any more money.

30 and hourly are starting to curl over, the top is in for the day.
Cloggie, I just want to say thank you for your posts. I am always trying to improve my game and appreciate you for your contributions. The bonus is that you can be hilarious too. Trading is difficult enough without these bastages leaking reports and manipulating markets ad nauseam. They do one heck of a job fleecing the retailers over and over again. Again, your experience and insights are much appreciated.

fxstir
  • #632,295
  • Apr 24, 2012 3:12pm Apr 24, 2012 3:12pm
Quoting cloggie
Penants, flags, etc. have very precise fib dimensions for both the pattern and the poles and have fib extensions and even fib cancellations where at the pattern is no longer valid.

I get the sense that you have no clue about any of the precise measurements of these patterns, so before you just post something that you have heard somewhere on the internet, go out and learn what the exact patterns are, and while you are at it find out the exact breakout and retest properties on all of them.

They are not just pretty pictures, there is a lot...


Maybe, maybe not.......

It depends out of which angle you look at the pattern.

If you look simply at the prices and levels in filtered trends, then you likely come to this conclusion:

"Finance professor Roy Batchelor and researcher Richard Ramyar, a former Director of the United Kingdom Society of Technical Analysts and Head of UK Asset Management Research at Reuters Lipper, studied whether Fibonacci ratios appear non-randomly in the stock market, as Elliott's model predicts. The researchers said the "idea that prices retrace to a Fibonacci ratio or round fraction of the previous trend clearly lacks any scientific rationale". They also said "there is no significant difference between the frequencies with which price and time ratios occur in cycles in the Dow Jones Industrial Average, and frequencies which we would expect to occur at random in such a time series"

Roy Batchelor and Richard Ramyar, "Magic numbers in the Dow," 25th International Symposium on Forecasting, 2005, p. 13, 31.


But when you look at the price and levels with a proper understanding of Elliott wave, you may come to the conclusion, that fib levels are valid.

The only question most of the time remains: "which level may be the turning point"

It is not the question if fib levels in Eliott waves are valid, but the question is which fib level (ratio) we have to apply.
  • #632,296
  • Apr 24, 2012 3:16pm Apr 24, 2012 3:16pm
Quoting cloggie
Penants, flags, etc. have very precise fib dimensions for both the pattern and the poles and have fib extensions and even fib cancellations where at the pattern is no longer valid.

I get the sense that you have no clue about any of the precise measurements of these patterns, so before you just post something that you have heard somewhere on the internet, go out and learn what the exact patterns are, and while you are at it find out the exact breakout and retest properties on all of them.

They are not just pretty pictures, there is a lot of math...
hey mr tool expert pro of the world, u must know eur/usd exact move next with ultimate knowledge like that?

^_^
  • #632,297
  • Apr 24, 2012 3:19pm Apr 24, 2012 3:19pm
Quoting Noobicle
hey mr tool expert pro of the world, u must know eur/usd exact move next with ultimate knowledge like that?

^_^
I do
  • #632,298
  • Apr 24, 2012 3:20pm Apr 24, 2012 3:20pm
Quoting infinitus
Maybe, maybe not.......

It depends out of which angle you look at the pattern.

If you look simply at the prices and levels in filtered trends, then you likely come to this conclusion:

"Finance professor Roy Batchelor and researcher Richard Ramyar, a former Director of the United Kingdom Society of Technical Analysts and Head of UK Asset Management Research at Reuters Lipper, studied whether Fibonacci ratios appear non-randomly in the stock market, as Elliott's model predicts. The researchers said the "idea that prices retrace to a Fibonacci...
That is so true there Infinitus. If someone would to study them in depth and in detail one would know what works and what doesn't

Plenty here use tools and indicators when they have no clue of the math behind them, when to use them or when to ignore them.

Plenty here just throw stuff up and post about it whithout having a clue.

Let's not get started about academic papers on patterns and indicators, I have done my research.


Ah well, never mind me.
  • #632,299
  • Apr 24, 2012 3:23pm Apr 24, 2012 3:23pm
Quoting Noobicle
hey mr tool expert pro of the world, u must know eur/usd exact move next with ultimate knowledge like that?

^_^

Yup, that's how I make my money. If you go over my posts instead of just posting crap you can see how, when and where I call the exact tops, bottoms, ranges and levels.


Heh, don't go having a go at me just because you can't figure it out.



Jealousy is such an ugly emotion.
  • #632,300
  • Apr 24, 2012 3:23pm Apr 24, 2012 3:23pm
Quoting FX-Ray
I do
sharing is caring my frien??

^_^
584 traders viewing now