EurAnalysis | Page 1411 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #28,201
  • Apr 27, 2012 9:26am Apr 27, 2012 9:26am
Quoting rekon67
friday is no exception it started on 16th april ... technically got well supported with 55 ma approaching bravely towards 89 ... there will be clashes but surely going to kiss 200 ma and a harmonic pattern formation will be complete.
Which harmonic pattern are you projecting? Can you draw it on your chart?
Those who say it cannot be done should not interrupt those who are doing it
  • #28,202
  • Apr 27, 2012 9:29am Apr 27, 2012 9:29am
Order board

Written by Adam Button
April 27, 2012 at 14:18 GMT

We may start to see some movement after the options cut, here’s a look at the order chatter:

EUR/USD: (spot at 1.3256): Offers at 1.3300 but order books are light
Cable (spot 1.6245): offers at 1.6280 and 1.6300; Demand at 1.6200
AUD/USD (spot at 1.0437): Strong offers at 1.0450/65 with stops above, demand down around the European lows
EUR/GBP (spot 0.8152): offers at 0.8180/90 demand at 0.8130/25
Talk of USD/JPY bids all over the place with 80.30 as one area that’s being touted
EUR/CHF bids at 1.2010
Those who say it cannot be done should not interrupt those who are doing it
  • #28,203
  • Apr 27, 2012 9:35am Apr 27, 2012 9:35am
Quoting PipTrapper
Which harmonic pattern are you projecting? Can you draw it on your chart?
a premature cup which has a strong demand base at 1.3000 area, with a proper maturity and a handle it could produce a more higher number.

only my view.
  • #28,204
  • Apr 27, 2012 10:01am Apr 27, 2012 10:01am
Quoting rekon67
a premature cup which has a strong demand base at 1.3000 area, with a proper maturity and a handle it could produce a more higher number.

only my view.
Yeah but that is very premature.
It is more likely that it respects the rising wedge formation and daily falling trend line for the falling triangle. Plus it is even more likely that if it continues in this wedge and breaks the daily falling trend line, that it will respect the weekly falling channel resistance. In order to reach the 200 daily MA, it has to break all of these key resistance points.

In my view there is simply no fundamental support for this scenario, nor is there a market will to take it there.
Those who say it cannot be done should not interrupt those who are doing it
  • #28,205
  • Apr 27, 2012 10:06am Apr 27, 2012 10:06am
Quoting PipTrapper
It is only available to FXCM customers. Sorry.

If you have a live account with FXCM, you can log in to the members area at dailyfx.com

ADD: Here is a copy/paste from FXCM

Attachment
Updated version as of 27 April 2012 @ 1400 GMT

Attached Image (click to enlarge)
Click to Enlarge Name: FOPR.jpg Size: 88 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #28,206
  • Apr 27, 2012 10:21am Apr 27, 2012 10:21am
Quoting shhhhh
Just looking through your profile...earlier you were like 19% up[probably pending] and now you are -12% on your account on -100 pips...I think you are over leveraged. It will be more stress free with less leverage...
You're right, the leverage bit me in the ass

i tried to scale in my sells, moving each previous trades SL to BE+1 and it was working beautifully but greed got the best of me and my final two additions to the position was poorly managed and ate up most of what I gained

Oh well, lesson learned....hopefully
  • #28,207
  • Edited 10:52am Apr 27, 2012 10:32am | Edited 10:52am
Couldn't sleep, I was dreaming of beautiful butterfly's.

http://i451.photobucket.com/albums/q...fly_dreams.png

And then I danced this dance.

Inserted Video


ADD: sorry for the tiny screenshot someone will have to tell me how to get them to not be so hobbit-like.
  • #28,208
  • Apr 27, 2012 10:34am Apr 27, 2012 10:34am
Quoting PipTrapper
1.3315 will break your daily falling trend line. No?
no daily falling TL mate
cant post the chart as am using mobile now..lol
If there was easy money lying around,no one would be forcing it into your
  • #28,209
  • Apr 27, 2012 11:00am Apr 27, 2012 11:00am
Quoting Harpe Eagle
Mine H4 chart showing max 1.3270-77
Hello everyone....I was busy with my other business since 2 , 3 days so thats why today post much....
Opps can anyway tell me what was the high for sucker today...Mine brokers are showing 1.3269 , 1.3268....Actually had my sell limit at 1.3270 short of 1 pip.....
Bulls Run. Bears Bite. We Profit.
  • #28,210
  • Apr 27, 2012 11:10am Apr 27, 2012 11:10am
Quoting Harpe Eagle
Hello everyone....I was busy with my other business since 2 , 3 days so thats why today post much....
Opps can anyway tell me what was the high for sucker today...Mine brokers are showing 1.3269 , 1.3268....Actually had my sell limit at 1.3270 short of 1 pip.....
Welcome back Harpe. I was wondering where you were.

The high on my charts (FXCM) was 1.32690 I took a short at 1.32625

Here's the post where I took it.

http://www.forexfactory.com/showthre...70#post5616570
Those who say it cannot be done should not interrupt those who are doing it
  • #28,211
  • Apr 27, 2012 11:15am Apr 27, 2012 11:15am
whatever the news is,just stick to the chart
DollarYen
Attached Image (click to enlarge)
Click to Enlarge Name: UJD.png Size: 35 KB
If there was easy money lying around,no one would be forcing it into your
  • #28,212
  • Apr 27, 2012 11:22am Apr 27, 2012 11:22am
Quoting FXMindset
whatever the news is,just stick to the chart
DollarYen
Very nice possible head/shoulders formation
Those who say it cannot be done should not interrupt those who are doing it
  • #28,213
  • Apr 27, 2012 11:26am Apr 27, 2012 11:26am
Quoting PipTrapper
Welcome back Harpe. I was wondering where you were.

The high on my charts (FXCM) was 1.32690 I took a short at 1.32625

Here's the post where I took it.

http://www.forexfactory.com/showthre...70#post5616570
Thanks
Yup read your post...You rock man (dont know how many times I have to say this.. )
Bulls Run. Bears Bite. We Profit.
  • #28,214
  • Apr 27, 2012 11:26am Apr 27, 2012 11:26am
Quoting Luis Carlos
If the market wants to go up first it needs to get down. I dont see any sense right now to break up (no more 1.3285). If there is a rebound my key levels are @ 1.310 and 1.305. My MVA is a good resistance and it was no touched yet.
D1

We have a Fakey Break
Then We Engulf Whitely
Later We Dark Coverly
but again it shooting up

Market getting tough even the chart formation always In Play
Keep our MM well,as I see the PB getting more and more mess everyday
Attached Image (click to enlarge)
Click to Enlarge Name: EUD.png Size: 36 KB
If there was easy money lying around,no one would be forcing it into your
  • #28,215
  • Apr 27, 2012 11:38am Apr 27, 2012 11:38am
Quoting FXMindset
D1

We have a Fakey Break
Then We Engulf Whitely
Later We Dark Coverly
but again it shooting up

Market getting tough even the chart formation always In Play
Keep our MM well,as I see the PB getting more and more mess everyday
This Bull Supported by The USDX Current Break and Performance
Look the weekly Pinbar on USDX which have been defended well for 1 month was breaking also
Attached Image (click to enlarge)
Click to Enlarge Name: USDX.png Size: 37 KB
If there was easy money lying around,no one would be forcing it into your
  • #28,216
  • Apr 27, 2012 12:23pm Apr 27, 2012 12:23pm
Rekon

am online now

Sem my dreams comes too,this is how friday game play..lol
If there was easy money lying around,no one would be forcing it into your
  • #28,217
  • Apr 27, 2012 12:23pm Apr 27, 2012 12:23pm
Soon time to castrate the bull. Can't wait

http://www.dellavalle.net/cowboys/COWBOYS6.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #28,218
  • Apr 27, 2012 12:36pm Apr 27, 2012 12:36pm
Guys,

If you are short

may adjusted SL to 1.3330 ( only my personal view )
If there was easy money lying around,no one would be forcing it into your
  • #28,219
  • Apr 27, 2012 12:47pm Apr 27, 2012 12:47pm
Quoting FXMindset
Guys,

If you are short

may adjusted SL to 1.3330 ( only my personal view )

THANK YOU

I have found that your advice is one of the most reliable out there.
Always.

regards
  • #28,220
  • Apr 27, 2012 12:48pm Apr 27, 2012 12:48pm
I read analysis that discuss options expiring, how should one factor it into their outlook?
66 traders viewing now