EURUSD | Page 33740 | 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

  • #674,781
  • Aug 3, 2012 12:58am Aug 3, 2012 12:58am
good morning

my heart says short but.......

on the daily we have bullish divergence, and a nice ABC setup

if I look at the H1/H4 it has also completed a nice clean 5wave trend up from 1.204x to 1.238x and then an ABC correction to my previous target zone -

so normally I would be long here, but super mario has messed with my head with his stupid pump it and it and don't deliver... but of course we may get some damage limitation statements today - will the punters buy just words again ?

going to have to follow the PA closely and see where I land today - maybe just play for short moves or stick to Dax and Crude
Attached Image (click to enlarge)
Click to Enlarge Name: a1.png Size: 34 KB
  • #674,782
  • Aug 3, 2012 1:00am Aug 3, 2012 1:00am
Quoting MaxDoom
good morning

my heart says short but.......

on the daily we have bullish divergence, and a nice ABC setup

if I look at the H1/H4 it has also completed a nice clean 5wave trend up from 1.204x to 1.238x and then an ABC correction to my previous target zone -

so normally I would be long here, but super mario has messed with my head with his stupid pump it and it and don't deliver... but of course we may get some damage limitation statements today - will the punters buy just words again ?

going to have to follow the PA closely and see...
Yea, based on price action my gut says short, but I have some supports on my chart that tell me not to short. I think I'm going to sit today out.
  • #674,783
  • Aug 3, 2012 1:02am Aug 3, 2012 1:02am
I'm getting bored with my long from 1.2175. I'm 11 pips in the + now but it took about 11 hours to get there.
That is ONE pip per hour.
Would have been okay if I traded $50 per pip but that's a little too risky for me.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #674,784
  • Aug 3, 2012 1:07am Aug 3, 2012 1:07am
Quoting KillerWhale
I'm getting bored with my long from 1.2175. I'm 11 pips in the + now but it took about 11 hours to get there.
That is ONE pip per hour.
Would have been okay if I traded $50 per pip but that's a little too risky for me.
Got out with 6 pips for 11 hours
New voice message: Why are you calling me? If I need you, I'll call you!
  • #674,785
  • Aug 3, 2012 1:08am Aug 3, 2012 1:08am
Quoting KillerWhale
Got out with 6 pips for 11 hours
Because as usual Frankfurt messed it all up again.
Should have known better
New voice message: Why are you calling me? If I need you, I'll call you!
  • #674,786
  • Aug 3, 2012 1:13am Aug 3, 2012 1:13am
Please See attachments Signal For XAU/USD and EURUSD
Buy(EURUSD) 1.20700 SL:1.20300 TP:1.26
Buy(XAUUSD) 1568.91 SL:1520 TP:1700
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD-H4.jpg Size: 291 KB
Click to Enlarge Name: XAUUSD-4H.jpg Size: 206 KB
  • #674,787
  • Aug 3, 2012 1:13am Aug 3, 2012 1:13am
Quoting KillerWhale
I'm getting bored with my long from 1.2175. I'm 11 pips in the + now but it took about 11 hours to get there.
That is ONE pip per hour.
Would have been okay if I traded $50 per pip but that's a little too risky for me.
Try more than 50$ per pip for example 500 thats more like it
Loosening is not an option
  • #674,788
  • Aug 3, 2012 1:15am Aug 3, 2012 1:15am
I'm still short from 1.2390 and still bearish on this pair but looking at the daily chart there is a nice inverted H/S wich has already formed its right shoulder and seems ready to explode sooner or later, also there is a bullish engulfing pattern that can even be checked on the weekly chart...very freaking
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_USD_Daily_snapshot.png Size: 16 KB
  • #674,789
  • Aug 3, 2012 1:17am Aug 3, 2012 1:17am
CURRENCY OUTLOOK FOR FRIDAY 03/08/2012
Despite all that happened in the market yesterday the market still played to our analysis.....Everything is still the same....the trend is still as analysed. Our strategy for Friday will be:

FOR AU, EU, EJ, GJ, GU .......SELL at any selling opportunity

FOR USDCHF
and USDCAD ..........BUY @ any Buying opportunity.

NOTE: 1) Is better to buy/sell at Friday Pi vot point or at the break of 21-EMA.

2) Follow the trend and enjoy forex trading.

Remember, trend followers are the best forex traders and the happiest forex traders.

Happy trading...
  • #674,790
  • Aug 3, 2012 1:18am Aug 3, 2012 1:18am
Quoting Legio_Ulpia
I'm still short from 1.2390 and still bearish on this pair but looking at the daily chart there is a nice inverted H/S wich has already formed its right shoulder and seems ready to explode sooner or later, also there is a bullish engulfing pattern that can even be checked on the weekly chart...very freaking
It was hectic past few days so not sure what the directon will go 2day
Loosening is not an option
  • #674,791
  • Aug 3, 2012 1:20am Aug 3, 2012 1:20am
Quoting Mike8
Did you sorted the issues with your broker about yesterday's faulty entry with cable?

yes, they have e-mailed that they have been retified, but I will believe it when I see it in account

same situation as yester day are above my daily zones, so bull in control for now, will reassess after frankie,, am sneeking couple longs in and short on swissy, but need wait out frankie before aadding
If you are new to Forex? Say Goodbye to your account!!
  • #674,792
  • Aug 3, 2012 1:21am Aug 3, 2012 1:21am
This is what Frankfurt does to me, makes me get out of a good trade, then goes in my direction.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #674,793
  • Aug 3, 2012 1:23am Aug 3, 2012 1:23am
Quoting KillerWhale
I'm getting bored with my long from 1.2175. I'm 11 pips in the + now but it took about 11 hours to get there.
That is ONE pip per hour.
Would have been okay if I traded $50 per pip but that's a little too risky for me.
Getting even 1 pip is much better than losing it, so skillful traders like you
gets out of of their positions with no lose & this is the real secret of FX market which many losing traders are looking for & dont find it.
  • #674,794
  • Aug 3, 2012 1:23am Aug 3, 2012 1:23am
Quoting MaxDoom
good morning

my heart says short but.......

on the daily we have bullish divergence, and a nice ABC setup

if I look at the H1/H4 it has also completed a nice clean 5wave trend up from 1.204x to 1.238x and then an ABC correction to my previous target zone -

so normally I would be long here, but super mario has messed with my head with his stupid pump it and it and don't deliver... but of course we may get some damage limitation statements today - will the punters buy just words again ?

going to have to follow the PA closely and see where...
Agree max, might be frankie bull, and might brit reverse them, is better waitng I think,
If you are new to Forex? Say Goodbye to your account!!
  • #674,795
  • Aug 3, 2012 1:25am Aug 3, 2012 1:25am
Just be careful kids, because if mr Draghi make any sort of fart we can have a spike up or down (more up, I guess because of the probability of a stinky one that probably will kill all his colleagues with the consequence for the taxpayer to safe costs) of about 150 pips.
"Men who can both be right and sit tight are uncommon."
  • #674,796
  • Aug 3, 2012 1:26am Aug 3, 2012 1:26am
Quoting Vilkas
It was hectic past few days so not sure what the directon will go 2day
Today is the first friday of the month,Non-Farm Employment and
Unemployment Rate could be the right trigger/excuse to drive this sucker north.I'm quite sure it will reach 1.1900 or even 1.7900 before the end of the summer but will it do that after a big correction or will it go there straight?
  • #674,797
  • Aug 3, 2012 1:27am Aug 3, 2012 1:27am
Quoting KiwiTrada
yes, they have e-mailed that they have been retified, but I will believe it when I see it in account
Good, make them responsible for their act.
"Men who can both be right and sit tight are uncommon."
  • #674,798
  • Aug 3, 2012 1:30am Aug 3, 2012 1:30am
Long from 1.121950 , SL 1.21700 and TP : When the bounce end ...

i was thinking about long from yesterday, but on the chart it was not clear at all - i think now its more than clear there will be an up bounce. In addition , i learnt from experience that when you have a down trend, better to take it up and cover it short from the high..

We will see,

Good morning and Good luck
"It's the Margin, Stupid."
  • #674,799
  • Aug 3, 2012 1:33am Aug 3, 2012 1:33am
Morning all,


G/L

  • #674,800
  • Aug 3, 2012 1:44am Aug 3, 2012 1:44am
Long @

EUR 1.2189
GBP 1.5519
1,399 traders viewing now, 1 is registered: