EURUSD | Page 36572 | 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

  • #731,421
  • Dec 13, 2012 12:18am Dec 13, 2012 12:18am
Quoting divak
they have been pushing at the beginning, then sheeps took the lead,... now they unload when sheeps are still hoping for 1.32...
this is how i see it.

EDIT : in 1929, there was not many big investors at the top of the market, they had already unloaded... the only ones left where the street guys...
That may be another tought but I don't think there are many traders who hope for 1.3200s while we have double top @1.3170s and monthly res 1.3120s is still out there. It needs to take all these levels and that is truly a hard job, possible but hard job. My view is still bearish on the month as long as we have those major resistances ahead.
  • #731,422
  • Dec 13, 2012 12:18am Dec 13, 2012 12:18am
The full orderbook for EURUSD is
$ 1.3210 Stops
$ 1.3200 Offers on approach, stops
$ 1.3150 Medium offers
$ 1.3127 Wednesday Dec5 high
$ 1.3100 Strong offers into $1.3130
$ 1.3068 Tech 76.4% $1.3127-1.2876
$ 1.3060 Stops
$ 1.3050 Stops
$ 1.3000 Demand on approach
$ 1.2960 Demand on approach
$ 1.2950 Demand on approach
$ 1.2876 Friday post NFP low

The strong offers at 1.3100 pulled the pair down. Orderbook trading at its best. From Tickwatch and other wires who are both providers of good quality orderbooks for fx.

Taken profits at 1.3080 and now I wait to see if it can burst higher and hit the next offer at 1.3120 and go short again. If it falls, then will wait for it to fall to the next bid zone and go long. folks give this a try.
  • #731,423
  • Dec 13, 2012 12:19am Dec 13, 2012 12:19am
Quoting moleazm
looks to me 1.3097 resistance rejected again?
that could be your classic trap.
those who can, do. those who cant, talk about those who can
  • #731,424
  • Dec 13, 2012 12:19am Dec 13, 2012 12:19am
Quoting mohan76
kiwi ,

which daily chart is good , 6 days a week (GMT) or 5 days ?
bro dont get me started timezones, now with multiple daylight saving is a nightmare, I use brit open, and asia/pacific open and average out the difference, that is the daily zones, but for specific candle , I use them both and pick the 1 I like best all timeframes
If you are new to Forex? Say Goodbye to your account!!
  • #731,425
  • Dec 13, 2012 12:19am Dec 13, 2012 12:19am
Quoting divak
probably some profit taking in London, people have been pushing PA up over the past 2 days.
Pretty sure the disappointment felt in the US will be the same in London.

Fed has ran out of ammo.
what made you to think FED disappointment them ? usually when fed disappoint market i have seen 150 ~ 200 pip Bear move , so far it's holding so no disappointment yet - just my view
Mohan
  • #731,426
  • Dec 13, 2012 12:21am Dec 13, 2012 12:21am
Quoting bennyblanco
London teaming up with Frankfurt to produce a NY style move, December trading is really not worth the hassle
stick around.. r/r gets good here.
those who can, do. those who cant, talk about those who can
  • #731,427
  • Dec 13, 2012 12:22am Dec 13, 2012 12:22am
Quoting KiwiTrada
bro dont get me started timezones, now with multiple daylight saving is a nightmare, I use brit open, and asia/pacific open and average out the difference, that is the daily zones, but for specific candle , I use them both and pick the 1 I like best all timeframes
to draw long term trend , i have issue with euro daily trend from 2011 may

on 5days /week chart it's approx 1.30 it's approx 2950
Mohan
  • #731,428
  • Dec 13, 2012 12:22am Dec 13, 2012 12:22am
Getting Slaughtered here, H&S failed.

Last stand from Daily Resistance
Attached Image (click to enlarge)
Click to Enlarge Name: EU battle.jpg Size: 231 KB
Even the worst trade can close with profit. Just give it time.
  • #731,429
  • Dec 13, 2012 12:24am Dec 13, 2012 12:24am
Quoting math_GB
That may be another tought but I don't think there are many traders who hope for 1.3200s while we have double top @1.3170s and monthly res 1.3120s is still out there. It needs to take all these levels and that is truly a hard job, possible but hard job. My view is still bearish on the month as long as we have those major resistances ahead.
This is what i meant. Meaning, that being close to these levels, some people may want to cash in... and also, Fed last move didnt convince people as yesterday's move was very slim... compared to past times when we saw 100+pips moves. Hence i call it "disappointment"... actually it may not be actual disappointment, just that FED can't do what the Govs should do...
  • #731,430
  • Dec 13, 2012 12:28am Dec 13, 2012 12:28am
Quoting divak
This is what i meant. Meaning, that being close to these levels, some people may want to cash in... and also, Fed last move didnt convince people as yesterday's move was very slim... compared to past times when we saw 100+pips moves. Hence i call it "disappointment"... actually it may not be actual disappointment, just that FED can't do what the Govs should do...

We are at the same page mate, I just wanted to say your view that London would show dissappointment might not be correct. Look where we are now. They still have unfinished job as it seems. I will try to short it when I see that PA has pushed it enough, 1.3120s up to 1.3150. Risk - reward for shorting at those levels makes me comfortable. Don't wish to short here now, it still has 40-50 pips upside potential.
  • #731,431
  • Dec 13, 2012 12:28am Dec 13, 2012 12:28am
Closed at 3098, don't want to stay for the battle +20
  • #731,432
  • Dec 13, 2012 12:30am Dec 13, 2012 12:30am
Closed @ 1.3096... Waiting for a bit...
  • #731,433
  • Dec 13, 2012 12:30am Dec 13, 2012 12:30am
Quoting math_GB
We are at the same page mate, I just wanted to say your view that London would show dissappointment might not be correct. Look where we are now. They still have unfinished job as it seems. I will try to short it when I see that PA has pushed it enough, 1.3120s up to 1.3150. Risk - reward for shorting at those levels makes me comfortable. Don't wish to short here now, it still has 40-50 pips upside potential.
unfinished job, im not sure. FX traders are already at their desk. As for the move over the past 5 min, im pretty sure it's a big institution...
  • #731,434
  • Dec 13, 2012 12:30am Dec 13, 2012 12:30am
SNP - Rate unchage , chf move might affect eu bull
Mohan
  • #731,435
  • Dec 13, 2012 12:31am Dec 13, 2012 12:31am
my pet eur usd will go 1,33 in the end of the year then be short
  • #731,436
  • Dec 13, 2012 12:34am Dec 13, 2012 12:34am
Quoting mohan76
SNP - Rate unchage , chf move might affect eu bull
All members on FF who have bank accounts in Switzerland, withdraw your funds NOW...! They are using your money to cap their currency @1.20 What a wasted effort, you can't stop the river flowing to the south... Release the water...!
  • #731,437
  • Dec 13, 2012 12:34am Dec 13, 2012 12:34am
Quoting gatorinla
something like this. if bearish... i still have a few st things saying higher. but if 3040 is untouched.. its bearish near/@ 3139 it until. still waiting myself..
aww gator cant we just twink that green line out, leave it as double top and skip that bump
I have swissy just tapped ltl of rising channel 4hr, she ready to fly . maybe little stop huntt then fly
If you are new to Forex? Say Goodbye to your account!!
  • #731,438
  • Dec 13, 2012 12:34am Dec 13, 2012 12:34am
Quoting math_GB
All members on FF who have bank accounts in Switzerland, withdraw your funds NOW...! They are using your money to cap their currency @1.20 What a wasted effort, you can't stop the river flowing to the south... Release the water...!
in poor words?
  • #731,439
  • Dec 13, 2012 12:35am Dec 13, 2012 12:35am
Quoting divak
unfinished job, im not sure. FX traders are already at their desk. As for the move over the past 5 min, im pretty sure it's a big institution...
seeing the full shape now, im convinced it is...
  • #731,440
  • Dec 13, 2012 12:35am Dec 13, 2012 12:35am
Quoting gatorinla
possible bounce at 3076/55 to 3138.4..... then down to 2432... above 3140 it may be a different story.. just so close.. too close to know..
I have above 3126 to open up the weekly bullish targets, for 14 points I'll give it some room

either way from there looking like one of the best opportunities of recent days
337 traders viewing now