EURUSD | Page 35691 | 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

  • #713,801
  • Nov 2, 2012 1:01pm Nov 2, 2012 1:01pm
Okay, I concede to the critics that I only mentioned looking for the low volume up bar (No Demand). What we got was an interval with a narrow range as compared to the previous bar on increasing volume that closed near its low. This is a Squat. In fact, it is an Up Thrust.

Nevertheless, we got a sign of weakness in a down trend with weakness in the background.

Current interval has not closed yet, but it looks weak. We need to see if we close on or near the low and ultimately the amount of volume.
Attached Image (click to enlarge)
Click to Enlarge Name: ex 1.png Size: 155 KB
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #713,802
  • Nov 2, 2012 1:02pm Nov 2, 2012 1:02pm
Quoting chazzle
could it just quietly turn after that drop? I don't think so - another little push coming I reckon
there - can we all go and get drunk now?
Attached Image (click to enlarge)
Click to Enlarge Name: can.JPG Size: 85 KB
  • #713,803
  • Nov 2, 2012 1:41pm Nov 2, 2012 1:41pm
How low does it plan on going today? s/o
Time turns trend. - W.D. Gann
  • #713,804
  • Nov 2, 2012 1:45pm Nov 2, 2012 1:45pm
long 1.2824.....

looking for few pips.....
  • #713,805
  • Nov 2, 2012 1:47pm Nov 2, 2012 1:47pm
Quoting ForExtraPips
How low does it plan on going today? s/o
the lower it gets , the harder it gets on the bears to have their next week under control .. i wish they push it even lower towards 1.28050 and it close above it , so the only place to go next week is up
"It's the Margin, Stupid."
  • #713,806
  • Nov 2, 2012 1:50pm Nov 2, 2012 1:50pm
I long below 12, interbank market most likely pushes pair up to 45 before Asia opens next Monday-Sunday night.
They think they are smarter than I am.
  • #713,807
  • Nov 2, 2012 1:51pm Nov 2, 2012 1:51pm
Quoting Vachus
the lower it gets , the harder it gets on the bears to have their next week under control .. i wish they push it even lower towards 1.28050 and it close above it , so the only place to go is up
Yes. Same here.
Time turns trend. - W.D. Gann
  • #713,808
  • Nov 2, 2012 1:56pm Nov 2, 2012 1:56pm
So, what's your view on E/U for on next week's US election day?


Quoting Z3iz3i
I long below 12, interbank market most likely pushes pair up to 45 before Asia opens next Monday-Sunday night.
  • #713,809
  • Nov 2, 2012 1:58pm Nov 2, 2012 1:58pm
Quoting ForExtraPips
Yes. Same here.
Be careful with 1.2800. Break will take us 1.2640 area
  • #713,810
  • Nov 2, 2012 1:58pm Nov 2, 2012 1:58pm
Quoting disegnosys
So, what's your view on E/U for on next week's US election day?
That crap, oh yes, when is the day? I have not really thought about it but

i favor Ou-bama.
They think they are smarter than I am.
  • #713,811
  • Nov 2, 2012 2:03pm Nov 2, 2012 2:03pm
buy...lol free bounce pips
I'll pick up the crumbs don't need the whole pie
  • #713,812
  • Nov 2, 2012 2:06pm Nov 2, 2012 2:06pm
Quoting MorganX
Be careful with 1.2800. Break will take us 1.2640 area
Yeah, that's what I'm watching right now, with the 1.2800 area.
Attached Image (click to enlarge)
Click to Enlarge Name: 2810area.jpg Size: 174 KB
Time turns trend. - W.D. Gann
  • #713,813
  • Nov 2, 2012 2:07pm Nov 2, 2012 2:07pm
Quoting attila
oh-oh, that can get expensive.. I love Paris.
Being Friday and in Paris I have just closed out at 2830 in respect of your number .

I will enter again next weekend from the uk if she leaves me enough. Good weekend chap
  • #713,814
  • Nov 2, 2012 2:08pm Nov 2, 2012 2:08pm
Tuesday, I'm somewhat at a loss on how to trade E/U next week. E/U at this level looks like one last try for a long but she getting crazy to traded unless I can get more screen time to trade.

LOL! I'll vote for the other Guy.

Quoting Z3iz3i
That crap, oh yes, when is the day? I have not really thought about it but

i favor Ou-bama.
  • #713,815
  • Nov 2, 2012 2:09pm Nov 2, 2012 2:09pm
Quoting MorganX
Be careful with 1.2800. Break will take us 1.2640 area
Its possible , But my opinion is no one will short the bottom unless supported by a strong fundamentals that changed heavily - it needs something heavy that i don't think is available or going to be available ( Even the Greek exist possibility which can drag this pair as low as 1.18 will no be at hand due to Obama's request that Europe settle down and not rattle the week economic recovery )

USA economy is getting better , and we are not waiting any natural disaster or war that can shake the supply demand curve.

On the other side , European banking union is at 1st of January , Spain bail out request, the Greek 2 year extension and their parliament approval ...etc

So, i wouldn't be surprised to see next Friday a close above 1.29 or near 1.30
"It's the Margin, Stupid."
  • #713,816
  • Nov 2, 2012 2:11pm Nov 2, 2012 2:11pm
Quoting MaxDoom
Being Friday and in Paris I have just closed out at 2830 in respect of your number .

I will enter again next weekend from the uk if she leaves me enough. Good weekend chap
Very good trade Max
"It's the Margin, Stupid."
  • #713,817
  • Nov 2, 2012 2:15pm Nov 2, 2012 2:15pm
Quoting Vachus
Its possible , But my opinion is no one will short the bottom unless supported by a strong fundamentals
I will - purely on techs - got a sell stop right there for 100 contracts
Attached Image (click to enlarge)
Click to Enlarge Name: SS100.jpg Size: 75 KB
  • #713,818
  • Nov 2, 2012 2:18pm Nov 2, 2012 2:18pm
Quoting Vachus
Very good trade Max
Thanks chap until next week
  • #713,819
  • Nov 2, 2012 2:19pm Nov 2, 2012 2:19pm
Quoting disegnosys
Tuesday, I'm somewhat at a loss on how to trade E/U next week. E/U at this level looks like one last try for a long but she getting crazy to traded unless I can get more screen time to trade.

LOL! I'll vote for the other Guy.
I think when Asia turned to Saturday 14 gmt and close price was 44, some big traders had positions open and take profit somewhere 1.2805/15.

If those price levels can not be reached in late US session, i probably do not open long positions.

Can never be sure what happens at weekend and interbank market therefore.

EDIT: Earlier in my post i think weekly close price will be around 35 but cable took so much down that i re-thought it would be even lower. Well, now some weak buying there. Oh well, until next week
They think they are smarter than I am.
  • #713,820
  • Nov 2, 2012 2:19pm Nov 2, 2012 2:19pm
Quoting chazzle
I will - purely on techs - got a sell stop right there for 100 contracts
and you SL ?
"It's the Margin, Stupid."
3,357 traders viewing now