EURUSD | Page 35680 | 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

  • #713,581
  • Nov 2, 2012 3:31am Nov 2, 2012 3:31am
Quoting Vachus
Not before the Greeks sign the god damn paper ..
Yea.

I think i will be off for a while, can't see it go anywhere just now. There was a moment but it faded.

It will be UGLY setup for NFP. 4x 1h candles are forming diamond, top at 1.2912 and low at 1.2886. It needs brute force to break the pattern.

Most volumes looking at brokerwise are in cable right now, which trades in tight range, bids/offers in 10 pips distance.

Coming back when close to NFP.
They think they are smarter than I am.
  • #713,582
  • Nov 2, 2012 3:35am Nov 2, 2012 3:35am
Quoting keradk
how much do you think can it fall before NFP?
how much is it possible to fall? I would say 1.2874 how do I figure?

the stop losses reported at 1.2880 is one clue
if you take the last year of trading and take the daily returns...you get .44% Standard Deviation (Volatility or sigma)

there is 5 hours left till NFP then .44%*sqrt(5/24)= expected volatility for 5 hours is .20% then -.20%*1.2900 (that was the time i calculated this) you get= -.0026 + original price of 1.29 and you get 1.2874 this would encompass one standard deviation of a normal distribution......
AVT INVENIAM VIAM AVT FACIAM
  • #713,583
  • Nov 2, 2012 3:37am Nov 2, 2012 3:37am
Quoting Goldflake
This looks obvious in coming days.
Posted it last night.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 30 KB
When Scalpers win, I lose and Vice varsa...
  • #713,584
  • Nov 2, 2012 3:38am Nov 2, 2012 3:38am
the real question is ......................is there more selling or buying

at the moment I see 1.2900 as support as the market is finding equilibrium there.....I do not know if it is going up but, what I do know is that from the open to now the momentum has decreased and the market is no longer quoting lower to fill incoming sell orders.

and usually you get this ABC pattern to price so a correction perhaps is coming so if I was to pick the safer side I would go long here (If i was bullish)
AVT INVENIAM VIAM AVT FACIAM
  • #713,585
  • Nov 2, 2012 3:40am Nov 2, 2012 3:40am
Quoting the redlion
how much is it possible to fall? I would say 1.2874 how do I figure?

the stop losses reported at 1.2880 is one clue
if you take the last year of trading and take the daily returns...you get .44% Standard Deviation (Volatility or sigma)

there is 5 hours left till NFP then .44%*sqrt(5/24)= expected volatility for 5 hours is .20% then .20%*1.2900 (that was the time i calculated this) you get= -.0026 + original price of 1.29 and you get 1.2874 this would encompass one standard deviation of a normal distribution......
+1V... (if that still holds any value) ... excellent post
  • #713,586
  • Nov 2, 2012 3:48am Nov 2, 2012 3:48am
Quoting the redlion
how much is it possible to fall? I would say 1.2874 how do I figure?

the stop losses reported at 1.2880 is one clue
if you take the last year of trading and take the daily returns...you get .44% Standard Deviation (Volatility or sigma)

there is 5 hours left till NFP then .44%*sqrt(5/24)= expected volatility for 5 hours is .20% then -.20%*1.2900 (that was the time i calculated this) you get= -.0026 + original price of 1.29 and you get 1.2874 this would encompass one standard deviation of a normal distribution......
there is also a factor of rumored 2880 DNT barier. buy limit there is worthwhile
  • #713,587
  • Nov 2, 2012 3:51am Nov 2, 2012 3:51am
took some off the table

other on BE around 01
___
need fooood
  • #713,588
  • Nov 2, 2012 3:53am Nov 2, 2012 3:53am
Quoting the redlion
I agree with the fact that people have the right to believe in whatever they want...however I do not think all believes are equally valid nor deserve respect.

Just as I jump in when people think that patterns on a chart are predictive .....I jump in when a video says to be thankful to god for what we have...yet it contradicts itself by showing how (If he were to exist) messed up he can be to innocent children.

seems irrational
Yes agreed, in perspective

Trading and beliefs have similarities,

traders, research every possible thing to assist in improving their odds / probabilities, charts, indis, fundies, mm rr before enter trade, i think we agree no matter what is used, trade can go red, reality is coin toss is 50/50, so if can achieve 51/49 odds, chances of success trade have improved, little, but improved,
with good mm rr discipline etc etc that 1% can trade pofitably

faith is similar, research different belifs, cull the wheat from chaff, example, christian - lots of different christian beleifs but jesus teach love each other, love just 1 god, is this so bad, would be a better place than is now, so much racist, hatrid, greed, theft,

but as one person, living a loving life and beleive in a supreme being can make life a little nicer.
Even loving this planet called earth make life bit nicer

Soorry to ramble, but I have seen and live lot misery, and seen people grasp whatever they can to get through tough time, and if them choose, love, supreme being, god, budda whatever I say good them
now for trading I will just say bring on Bear November
If you are new to Forex? Say Goodbye to your account!!
  • #713,589
  • Nov 2, 2012 3:55am Nov 2, 2012 3:55am
I see 1.2750 today, but have no guts to trade it
that's in my opinion where euro belongs, pricing in the fed printing and europe uncertainty, as the runup to 1.31 was a brutal short squeeze, given the non stop nature of the move.
  • #713,590
  • Nov 2, 2012 3:57am Nov 2, 2012 3:57am
Quoting Kilgore T
I see 1.2750 today, but have no guts to trade it
wow dare I hold my short position that long?? It could wobble 50 pips in 5 mintues at GMT 12:30, only 3 and half hours from here
  • #713,591
  • Nov 2, 2012 4:00am Nov 2, 2012 4:00am
Quoting 21vs7
took some off the table

other on BE around 01
___
need fooood
uf nice...covered and reversing here a bit

+26
  • #713,592
  • Nov 2, 2012 4:03am Nov 2, 2012 4:03am
Quoting 21vs7
uf nice...covered and reversing here a bit

+26
covered +5

flatski...i really go to eat now
  • #713,593
  • Nov 2, 2012 4:04am Nov 2, 2012 4:04am
DNT option at 1.2880 it was a nice disinfo
A trap for bulls?? Thinking that price will bounce from 85-90?? lol
  • #713,594
  • Nov 2, 2012 4:05am Nov 2, 2012 4:05am
Quoting keradk
there is also a factor of rumored 2880 DNT barier. buy limit there is worthwhile
yeah...very good rumor. f**k them rumorers
  • #713,595
  • Nov 2, 2012 4:08am Nov 2, 2012 4:08am
Quoting wiseambition
wow dare I hold my short position that long?? It could wobble 50 pips in 5 mintues at GMT 12:30, only 3 and half hours from here
the trend is your friend
  • #713,596
  • Nov 2, 2012 4:09am Nov 2, 2012 4:09am
Quoting keradk
yeah...very good rumor. f**k them rumorers
Yeah, i will erase forexnews and other fxwebsites from my bookmarks. No more readings about FX market. Just charts .
  • #713,597
  • Nov 2, 2012 4:09am Nov 2, 2012 4:09am
Quoting Danyxx
Yeah, i will erase forexnews and other fxwebsites from my bookmarks. No more readings about FX market. Just charts .
its your money. your decision. YOU.

always...
  • #713,598
  • Nov 2, 2012 4:10am Nov 2, 2012 4:10am
Quoting wiseambition
wow dare I hold my short position that long?? It could wobble 50 pips in 5 mintues at GMT 12:30, only 3 and half hours from here
IMO this is a long overdue correction from a nonsense intervention that the big boys knew beforhand. Whats happening now is 'graceful selling'. Its slow and theres pullbacks to lure in buyers, but in general everything that was bought around 1.25-1.21 must go for 1.31-1.27 and the more screwing around we get on the way down, the better for the big pigs that staged the whole operation.
  • #713,599
  • Nov 2, 2012 4:10am Nov 2, 2012 4:10am
Huuh what a drop. Maybe it can it drop again till 1,2820 and rebound from there. Very violent drop ATM.
  • #713,600
  • Nov 2, 2012 4:11am Nov 2, 2012 4:11am
Buyer stepping in...but PA is still weak so waiting
COT: The precious data ignored
596 traders viewing now