EURUSD | Page 33112 | 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

  • #662,221
  • Jun 26, 2012 11:44pm Jun 26, 2012 11:44pm
Morning guys,

I'm trying a short scaling with tight SL's and pending orders from 1.25 to 1.2460, target around 1.2420.

Based on daily closures, the trend is still bearish, don't think a correction might want to happen imo. Charts are attached.

Don't try this, all the SL's are tight and calculated by my bot. It might be risky, but I don't do more then 2% of my account. Trade safe, going to work.
Attached Image (click to enlarge)
Click to Enlarge Name: h1 scaling.gif Size: 18 KB
Please, just slap me around if I'm being silly ...
  • #662,222
  • Jun 26, 2012 11:51pm Jun 26, 2012 11:51pm
Nice spike down would clear out some shorts,
  • #662,223
  • Jun 27, 2012 12:31am Jun 27, 2012 12:31am
I need to cut back on my drinking. I'm starting to see four eyes staring at me on my chart, with a very evil smile and horns sticking out on top. Good night.
Attached Image (click to enlarge)
Click to Enlarge Name: gannweekly2.jpg Size: 455 KB
Time turns trend. - W.D. Gann
  • #662,224
  • Jun 27, 2012 12:32am Jun 27, 2012 12:32am
Quoting ForExtraPips
I need to cut back on my drinking. I'm starting to see four eyes staring at me on my chart, with a very evil smile and horns sticking out on top. Good night.
Disco Stu
  • #662,225
  • Jun 27, 2012 12:34am Jun 27, 2012 12:34am
Quoting Paulenok
Disco Stu
LOL, yeah. Gann is freaking me out.
Time turns trend. - W.D. Gann
  • #662,226
  • Jun 27, 2012 12:44am Jun 27, 2012 12:44am
Looks like a spider web. Is that web nabbing pips??
  • #662,227
  • Jun 27, 2012 12:51am Jun 27, 2012 12:51am
Quoting 2+2=4ex
Looks like a spider web. Is that web nabbing pips??
Yep. Mr. Market laughing all the way to the bank. I just never realized that when you start drawing enough trendlines in the proper places, it'll start creating circles in there. This whole square, diamond, and circle stuff with price just interests me.
Time turns trend. - W.D. Gann
  • #662,228
  • Jun 27, 2012 12:56am Jun 27, 2012 12:56am
Quoting ForExtraPips
Yep. Mr. Market laughing all the way to the bank. I just never realized that when you start drawing enough trendlines in the proper places, it'll start creating circles in there. This whole square, diamond, and circle stuff with price just interests me.
I guess if you have enough trendlines its going to hit one of them.
Follow me on twitter @whimtradr
  • #662,229
  • Jun 27, 2012 1:02am Jun 27, 2012 1:02am
  • #662,230
  • Jun 27, 2012 1:13am Jun 27, 2012 1:13am
Merkel says no to eurobonds "in her lifetime"



Should be a very successful summit coming up....
Attached Image
  • #662,231
  • Jun 27, 2012 1:17am Jun 27, 2012 1:17am
still in correction of 1.328x to 1.228x drop.

possible start of wave C of simple ABC correction if true then is gives an initial target of 1.274x.

below 1.244x indicates that we are still in wave b.

below 1.228x and correction is over.

good r/r trade for wave c assumption right now but choose your entry point carefully.
Attached Image (click to enlarge)
Click to Enlarge Name: a1.gif Size: 43 KB
  • #662,232
  • Jun 27, 2012 1:37am Jun 27, 2012 1:37am
hi i a newbie in here.. im ni sell position what TP do you guys think the market will go today
  • #662,233
  • Jun 27, 2012 1:42am Jun 27, 2012 1:42am
Quoting MaxDoom
still in correction of 1.328x to 1.228x drop.

possible start of wave C of simple ABC correction if true then is gives an initial target of 1.274x.

below 1.244x indicates that we are still in wave b.

below 1.228x and correction is over.

good r/r trade for wave c assumption right now but choose your entry point carefully.
Agree,

However not time for wave C just yet. Still in the shorter term descending channel for now. In fact I just entered a short scalp near the upper trend line, stops above the high:

Short 2493 SL 2509 TP 2444

Great r/r for longs between 2430/2444, with a tight(ish) stop below 2420 for the continuation of wave C
  • #662,234
  • Jun 27, 2012 1:47am Jun 27, 2012 1:47am
Quoting diggo
Agree,

However not time for wave C just yet. Still in the shorter term descending channel for now. In fact I just entered a short scalp near the upper trend line, stops above the high:

Short 2493 SL 2509 TP 2444

Great r/r for longs between 2430/2444, with a tight(ish) stop below 2420 for the continuation of wave C
  • #662,235
  • Jun 27, 2012 1:47am Jun 27, 2012 1:47am
Shorts on your minds, i hope you patient enough to wait for a confirmation on london open, just 15 mins more for a clear entry. for now am glued to my charts studying the candle stick formations.
  • #662,236
  • Jun 27, 2012 1:54am Jun 27, 2012 1:54am
Closed my short an will re enter further up
  • #662,237
  • Jun 27, 2012 1:56am Jun 27, 2012 1:56am
All the mind boggling charts with so many lines. It hurts my eyes real bad.
  • #662,238
  • Jun 27, 2012 2:04am Jun 27, 2012 2:04am
Quoting freelinks
Shorts on your minds, i hope you patient enough to wait for a confirmation on london open, just 15 mins more for a clear entry. for now am glued to my charts studying the candle stick formations.
Looks pretty clear bear to me. Sorry I can't post a chart from here.

Added another short scalp @ 2494, SL 2510, TP 2445

r/r 1:3
  • #662,239
  • Jun 27, 2012 2:08am Jun 27, 2012 2:08am
We are bull, NO! We are bear, NO! We are ranging and it will be that way til the EU summit.


So just scalp the living daylights out of this beautiful set up.
  • #662,240
  • Jun 27, 2012 2:13am Jun 27, 2012 2:13am
so what is the conclution on the euro/usd 4 today
497 traders viewing now, 1 is registered:
Gecco8