EURUSD | Page 33042 | 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

  • #660,821
  • Jun 21, 2012 3:00pm Jun 21, 2012 3:00pm
Quoting todstars2
My daily chart says that it has already bounced three times on the trendline moving north.

It well could move lower, but tech analysis would suggest that the more times a trend line is tested the stronger its implications become.
Does a wall get stronger the more times you run a car at it or weaker?
Don't just beat the markets, leave bruises.
  • #660,822
  • Jun 21, 2012 3:01pm Jun 21, 2012 3:01pm
Quoting todstars2
precise numbers would be an extreme low of 1.187 and a close of 1.223 according to my dealer.
jj I have 1.1864
  • #660,823
  • Jun 21, 2012 3:04pm Jun 21, 2012 3:04pm
Quoting Motion
Does a wall get stronger the more times you run a car at it or weaker?
think about it. not a good analogy.

think in these terms. higher high and higher low.

an upward sloping trendline gives you a series of higher lows.

a downward sloping trendline gives you a series of lower highs.

this is the basics of speculation

each reaction back to the trendline needs to be higher than the last or the trend is broken.

there are some exceptions to this but to keep it simple.
  • #660,824
  • Jun 21, 2012 3:05pm Jun 21, 2012 3:05pm
Looked back several pages.. Anybody has any idea why this drop happened today?
  • #660,825
  • Jun 21, 2012 3:06pm Jun 21, 2012 3:06pm
Quoting burt
05:19 on broker
for me was 30 the low price ... but who knows
  • #660,826
  • Jun 21, 2012 3:10pm Jun 21, 2012 3:10pm
Quoting attila
Looked back several pages.. Anybody has any idea why this drop happened today?
Some people bought, while more people sold. A whole bunch of people (Institutional traders) banded together and decided to make some money. Honestly who cares why things happen, just set your orders in and go along for the ride =)
  • #660,827
  • Jun 21, 2012 3:10pm Jun 21, 2012 3:10pm
Quoting attila
Looked back several pages.. Anybody has any idea why this drop happened today?
30yr/crude/ES/NQ
just a red day i suppose

crude broke lower.
bonds somewhat on the low end last night. 147'20ish

tape wise it all translated well.

s&ps and nasdaq defined a range/res
Attached Image(s) (click to enlarge)
Click to Enlarge Name: prop.jpg Size: 102 KB
Click to Enlarge Name: spx.jpg Size: 127 KB
  • #660,828
  • Jun 21, 2012 3:11pm Jun 21, 2012 3:11pm
Quoting Blades1
Some people bought, while more people sold. A whole bunch of people (Institutional traders) banded together and decided to make some money. Honestly who cares why things happen, just set your orders in and go along for the ride =)
Is that your answer? OK....
  • #660,829
  • Jun 21, 2012 3:11pm Jun 21, 2012 3:11pm
Quoting burt
30yr/crude/ES/NQ
just a red day i suppose
Awesome.
  • #660,830
  • Jun 21, 2012 3:12pm Jun 21, 2012 3:12pm
All right then.. Go ahead and short.
  • #660,831
  • Jun 21, 2012 3:15pm Jun 21, 2012 3:15pm
We need a team effort to help out my account,if everybody does a we spend.Come on we can make this happen today,I don't want to carry any longs for the weekend.
  • #660,832
  • Jun 21, 2012 3:18pm Jun 21, 2012 3:18pm
Quoting attila
Looked back several pages.. Anybody has any idea why this drop happened today?
There was some talk from Barclays that ECB will lower rates by 50 bps
next month,not sure if that helped the move down but the bid that
just kept on coming around 2650-2660 seem to stop dead at that time.
You can remain irrational longer than you can remain solvent.
  • #660,833
  • Jun 21, 2012 3:18pm Jun 21, 2012 3:18pm
Quoting attila
Looked back several pages.. Anybody has any idea why this drop happened today?
USD strength right across the board since US session opened, truly amazing.

AUDUSD -150+
EURUSD - 150+
GBPUSD -120+
NZDUSD -100
USDCHF +120
USDJPY +80
Gold -4000
  • #660,834
  • Jun 21, 2012 3:19pm Jun 21, 2012 3:19pm
Quoting Blades1
Some people bought, while more people sold. A whole bunch of people (Institutional traders) banded together and decided to make some money. Honestly who cares why things happen, just set your orders in and go along for the ride =)
Being aware why something happened, might help you with the next move... Just saying..
  • #660,835
  • Jun 21, 2012 3:19pm Jun 21, 2012 3:19pm
Quoting jezek5
There was some talk from Barclays that ECB will lower rates by 50 bps
next month,not sure if that helped the move down but the bid that
just kept on coming around 2650-2660 seem to stop dead at that time.
Wrong.
  • #660,836
  • Jun 21, 2012 3:20pm Jun 21, 2012 3:20pm
Quoting attila
Looked back several pages.. Anybody has any idea why this drop happened today?
This is according to CNBC the philly fed stunk, and goldman Sachs put out a call to it's clients to short the S&P
All that is left in FF is just plain garbage. "Cloggie"
  • #660,837
  • Jun 21, 2012 3:20pm Jun 21, 2012 3:20pm
Goddamn SHIT yen. If I had shorted EUR/USD instead of EUR/JPY during the European session, I wouldn't have gotten stopped out.

Leave it to the fucking yen to WEAKEN against the euro while the dollar strengthens. Such bullcrap.
  • #660,838
  • Jun 21, 2012 3:21pm Jun 21, 2012 3:21pm
Quoting attila
Wrong.
As in...?
You can remain irrational longer than you can remain solvent.
  • #660,839
  • Jun 21, 2012 3:22pm Jun 21, 2012 3:22pm
Quoting tonyo524
This is according to CNBC the philly fed stunk, and goldman Sachs put out a call to it's clients to short the S&P
That and something else... Moody is just about the ax 9 major U.S. banks within minutes.. Let's see what effect that will have when it happens.
  • #660,840
  • Jun 21, 2012 3:24pm Jun 21, 2012 3:24pm
Quoting attila
That and something else... Moody is just about the ax 9 major U.S. banks within minutes.. Let's see what effect that will have when it happens.
Thats been out for hours.
You can remain irrational longer than you can remain solvent.
591 traders viewing now