EURUSD | Page 33236 | 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

  • #664,701
  • Jul 3, 2012 5:08pm Jul 3, 2012 5:08pm
Okey dokey ...

Upside might be see one more retest at 1.2627 / 1.2637 ...

But looks like further upside attempts might be curtailed ahead of 1.2616 / 27 / 37 zone ...

As mentioned before ... a clear "sell any rallies stance" is favoured ...

Further selling activities towards 1.2567 / 1.2551 or 1.2543 / 1.2530 are expected again ...

Elliott points down ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #664,702
  • Jul 3, 2012 5:14pm Jul 3, 2012 5:14pm
Quoting mercy seat
Okey dokey ...

Upside might be see one more retest at 1.2627 / 1.2637 ...

But looks like further upside attempts might be curtailed ahead of 1.2616 / 27 / 37 zone ...

As mentioned before ... a clear "sell any rallies stance" is favoured ...

Further selling activities towards 1.2567 / 1.2551 or 1.2543 / 1.2530 are expected again ...

Elliott points down ...





;-|

First up ... then down ...

That's our expected market rythm for today ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #664,703
  • Jul 3, 2012 5:29pm Jul 3, 2012 5:29pm
All I see is bullshit guessing and gambling going on here. And some people with really big egos. What actually makes you think that any particular one pattern or 'wave' with no fundamental support means a future movement? Most of us here are just relying on the probability that the market either moves either up or down aka the gamble. We need more fundie people on this thread.
All posts are my personal opinion
  • #664,704
  • Jul 3, 2012 5:29pm Jul 3, 2012 5:29pm
Hey guys,

Quick Question, does a holiday in the US generally affect other pairs? I trade aud/jpy mainly, so I was wondering if the pair would slow down at all because of it.

Sorry if it seems like a stupid question, but I was just wondering.

Merci
4rextrader.
  • #664,705
  • Jul 3, 2012 5:33pm Jul 3, 2012 5:33pm
Quoting Rtm
All I see is bullshit guessing and gambling going on here. And some people with really big egos. What actually makes you think that any particular one pattern or 'wave' with no fundamental support means a future movement? Most of us here are just relying on the probability that the market either moves either up or down aka the gamble. We need more fundie people on this thread.
Nobody in their right mind is going to put up with what's going on here.. Not necessarily from new traders(some don't know any better, and that's OK), but from the so called 10V bullshiters..
  • #664,706
  • Jul 3, 2012 5:40pm Jul 3, 2012 5:40pm
Quoting Rtm
All I see is bullshit guessing and gambling going on here. And some people with really big egos. What actually makes you think that any particular one pattern or 'wave' with no fundamental support means a future movement? Most of us here are just relying on the probability that the market either moves either up or down aka the gamble. We need more fundie people on this thread.
Most gone to never come back or having holidays but generally fed up with a crowd. Look what rat did today he came, he bubbled and left like a anoying drunk guy who droped on your table in the restaurant when you are trying to have a productive & civilised chat - funny analogy but this is how it is.
swing it!
  • #664,707
  • Jul 3, 2012 5:45pm Jul 3, 2012 5:45pm
Quoting 4rextrader
Hey guys,

Quick Question, does a holiday in the US generally affect other pairs? I trade aud/jpy mainly, so I was wondering if the pair would slow down at all because of it.

Sorry if it seems like a stupid question, but I was just wondering.

Merci
4rextrader.
Of course it affects all pairs, usually just by a lack of liquidity, and some major players may use it to push their positions in, or push the market in a certain direction. It's erratic, slow and then a big jump....
  • #664,708
  • Jul 3, 2012 5:46pm Jul 3, 2012 5:46pm
Quoting 4rextrader
Hey guys,

Quick Question, does a holiday in the US generally affect other pairs? I trade aud/jpy mainly, so I was wondering if the pair would slow down at all because of it.

Sorry if it seems like a stupid question, but I was just wondering.

Merci
4rextrader.
most US institutional investors will be off for the day having fun so lower liquidity during US hours.
  • #664,709
  • Jul 3, 2012 5:48pm Jul 3, 2012 5:48pm
2 charts *yawn*:


Chart 1 (D1):

Possible hammer forming on top of monthly pivot.

Chart 2 (H4):

Found repeated support in the yellow area + trades above the weekly pivot.


Bullish to me. Possible target of 1.267-1.27 over the coming session.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.gif Size: 23 KB
Click to Enlarge Name: 2.gif Size: 22 KB
  • #664,710
  • Jul 3, 2012 5:58pm Jul 3, 2012 5:58pm
Hi all....I am long from 2603 looking for 2627. Anybody in that trade? Tight stop
  • #664,711
  • Jul 3, 2012 6:07pm Jul 3, 2012 6:07pm
Hi all of v folks or who is in charge ...so we have ECB conf. soon ...some ideas for trade setup for these event ...or some good article for advice ...I would be pleased ..Thx for help ..
  • #664,712
  • Jul 3, 2012 6:18pm Jul 3, 2012 6:18pm
This invisible thing annoying me a lot ... what for is it good??????
  • #664,713
  • Jul 3, 2012 6:23pm Jul 3, 2012 6:23pm
Hi traders
Though I haven't posted lately, busy...
Some trade ideas for EU and UJ
EU: has a great pattern which I am short since 1.2673, TG1 - F61.3 and TG2 F127.2
The target 2 is great because it might be a reverse and we can see Gartley Pattern.
UJ: Has a lot of potential for several patterns, all are strong ones.
If the triangle is breached down we shall see the patterns occur if not, well.. another trade for uptrend.
Good luck y'all
http://i45.tinypic.com/2gwdp9x.png
  • #664,714
  • Jul 3, 2012 6:32pm Jul 3, 2012 6:32pm
Quoting hlina9
Hi all of v folks or who is in charge ...so we have ECB conf. soon ...some ideas for trade setup for these event ...or some good article for advice ...I would be pleased ..Thx for help ..
Bro, a little advice, the next 2 days is major news events, this happen same time each month, back check, you will find, very similar market reactions going into these phases, not really a good time to be trading, unless you absolutely have your finger on the pulse, specific trade plan, is normal for market to stagnate going into this phase, with the odd volatile pop or drop, sometimes completely irrelevant to fundy or tech analysis, so in short, if you unsure, is wise to stand aside until tues wed next week, there will always be new opportunities, and definitely less risky than the rest of this week.
If you are new to Forex? Say Goodbye to your account!!
  • #664,715
  • Jul 3, 2012 6:37pm Jul 3, 2012 6:37pm
Quoting hlina9
Hi all of v folks or who is in charge ...so we have ECB conf. soon ...some ideas for trade setup for these event ...or some good article for advice ...I would be pleased ..Thx for help ..
mate,

in all seriousness, rate decision is on thursday. that's 2 days from now. honestly, i don't see any setup or can forecast what setups might appear on thursday.

all i can see from what's been done is that it looks to me like there were massive stop hunts around 2400 area last friday. with that in mind, would the players be interested in taking the price down there again? you'd be the judge. no one knows what the outcome is gonna be on thursday.
  • #664,716
  • Edited 6:45pm Jul 3, 2012 6:38pm | Edited 6:45pm
There is a great pattern for
GJ: it retests current level (maybe will break 'em), but might continue down to fib61.8 or maybe support level and fib127.2
Just might be a great tread in respect of Risk/Award


Green Pips to all (some should be red, we must earn some
http://i50.tinypic.com/rcvrdz.png

(Trading Platform - FXCM Trading Station2 - currently testing it, prefer Ninja Trader 7 but no decent local broker for it, great in-chart trading with quick updates , but no GOLD)
  • #664,717
  • Jul 3, 2012 6:43pm Jul 3, 2012 6:43pm
Quoting mikeylp
There is a great pattern for
GJ: it retests current level (maybe will break 'em), but might continue down to fib61.8 or maybe support level and fib127.2
Just might be a great tread in respect of Risk/Award

Green Pips to all (some should be red, we must earn some
http://i50.tinypic.com/rcvrdz.png
Bro what beautiful clean informative charts pretty much agree with analysis, also agree with thoughts, eu still stuck 2619 2600 2585 I feel her getting very compressed this next hr will be interesting
If you are new to Forex? Say Goodbye to your account!!
  • #664,718
  • Jul 3, 2012 6:47pm Jul 3, 2012 6:47pm
Quoting mikeylp
There is a great pattern for
GJ: it retests current level (maybe will break 'em), but might continue down to fib61.8 or maybe support level and fib127.2
Just might be a great tread in respect of Risk/Award


Green Pips to all (some should be red, we must earn some
http://i50.tinypic.com/rcvrdz.png

(Trading Platform - FXCM Trading Station2 - currently testing it, prefer Ninja Trader 7 but no decent local broker for it, great in-chart trading with quick updates , but no GOLD)
Thx
  • #664,719
  • Jul 3, 2012 6:49pm Jul 3, 2012 6:49pm
Quoting hlina9
Hi all of v folks or who is in charge ...so we have ECB conf. soon ...some ideas for trade setup for these event ...or some good article for advice ...I would be pleased ..Thx for help ..
http://www.ecb.europa.eu/press/tvser...=1140691&idx=1
  • #664,720
  • Jul 3, 2012 6:50pm Jul 3, 2012 6:50pm
Quoting KiwiTrada
Bro, a little advice, the next 2 days is major news events, this happen same time each month, back check, you will find, very similar market reactions going into these phases, not really a good time to be trading, unless you absolutely have your finger on the pulse, specific trade plan, is normal for market to stagnate going into this phase, with the odd volatile pop or drop, sometimes completely irrelevant to fundy or tech analysis, so in short, if you unsure, is wise to stand aside until tues wed next week, there will always be new opportunities,...
Very wise advice, thanks Kiwi. Me being very new to this, I've lost too much money trying to "guess" what's going to happen every time there's an EU summit...

I'm going to sit on the sidelines this time until next week when it's safer to trade.
425 traders viewing now, 2 are registered:
loricca
,
macd12