EURUSD | Page 36669 | 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

  • #733,361
  • Dec 16, 2012 10:50am Dec 16, 2012 10:50am
Not sure you caught it, but it sees the repubs. are giving in on the tax issue.. This may end part of the fundie unknown.. I think it'll shoot up, and then start dropping.. I didn't look at the charts just yet though..
  • #733,362
  • Edited 11:28am Dec 16, 2012 10:58am | Edited 11:28am
Originally Posted by fxnav http://images.forexfactory.net/buttons/viewpost.gif
PS, for that guy who has 8k under water, get out only when you get an H4 bar entirely over 3172, that will tell you we are going to the weekly number by TUE/WED, this pair will not get back to your entry, not for weeks/months unless the yanks fold and let here drop of the cliff, and that will not happen. so you are pretty much fecked, just try to get an exit that limits your damage, go away, lick your wounds and come back fresh and try again.

hedging is absolute BS, there is no such thing as same instrument hedging and I am glad that more and more retail brokers charge margin for hedged trades, that should be a wake up call for you retailers that it is rubbish.

Don't make up your mind based on the TY session tonight, you need to see what London/NY overlap does tomorrow, you need the equity traders at their desk to judge the risk sentiment, not just a couple of lone currency traders in Singapore/Wellington/HK[/quote]



Told him him to this in my last post, am not good writer so could not explain but u have done a very good job
thank you
A good trader follows his rules, but great trader knows when to break them
  • #733,363
  • Dec 16, 2012 11:15am Dec 16, 2012 11:15am
Quoting attila
Not sure you caught it, but it sees the repubs. are giving in on the tax issue.. This may end part of the fundie unknown.. I think it'll shoot up, and then start dropping.. I didn't look at the charts just yet though..
source? link?
  • #733,364
  • Dec 16, 2012 11:27am Dec 16, 2012 11:27am
Quoting fxnav
there have been pages and pages of after the fact attempts at trying to justify the move on Friday and plenty here keep saying it was all in the cards.

It wasn't. This move in EURUSD was purely driven by the dollar alone, that sold of, have a look at uCHF and dixy. That move had no correlated correction in the risk assets, look at es/DOW/DAX/XAU. This was a move in a single currency that has no correlation.

Now that it has happened, and I did get stopped out of a trade on friday by 20 odd pips as I trade the markets as a whole and don't focus...
Great post. As I've said in some of my earlier statements I'm just going to let price action sort this one out....why do anything else?
  • #733,365
  • Dec 16, 2012 11:27am Dec 16, 2012 11:27am
Quoting Fxbandito
This is funny about scammers! I will never trust forex bot promotions again!

http://www.youtube.com/watch?v=nwefXEIxBEo

OMG, this is funny. Well done.
  • #733,366
  • Dec 16, 2012 11:39am Dec 16, 2012 11:39am
Quoting ill_be_back
Originally Posted by fxnav http://images.forexfactory.net/buttons/viewpost.gif
PS, for that guy who has 8k under water, get out only when you get an H4 bar entirely over 3172, that will tell you we are going to the weekly number by TUE/WED, this pair will not get back to your entry, not for weeks/months unless the yanks fold and let here drop of the cliff, and that will not happen. so you are pretty much fecked,...
Agree.
If we go to hedge strategys the things can be much worst.
So lesson is assume loss and go on.
And please never use martingale or grid strategys.
  • #733,367
  • Dec 16, 2012 11:40am Dec 16, 2012 11:40am
Quoting divak
source? link?
what do you mean
is us dollar will go up means euro go down
  • #733,368
  • Dec 16, 2012 12:02pm Dec 16, 2012 12:02pm
Last price 1.3187; high - 1.3189.
  • #733,369
  • Dec 16, 2012 12:07pm Dec 16, 2012 12:07pm
high 1.3190 low 1.3165
The Phoenix Trader....
  • #733,370
  • Dec 16, 2012 12:11pm Dec 16, 2012 12:11pm
For those traders who use brokers that close over the weekend, and give you a "retail" gap on the "open", price is now 3181

Of course we will get a few posters here who trade this gap that they see, but for some of us with proper pricefeeds, we know it is all an illusion. It does provide some entertainment if nothing else.
The great majority are rarely capable of thinking independently.
  • #733,371
  • Dec 16, 2012 12:12pm Dec 16, 2012 12:12pm
Quoting guernica
Last price 1.3187; high - 1.3189.
got a current on the usdx?
those who can, do. those who cant, talk about those who can
  • #733,372
  • Dec 16, 2012 12:15pm Dec 16, 2012 12:15pm
Quoting gatorinla
got a current on the usdx?
Hi Gator how are you
The Phoenix Trader....
  • #733,373
  • Dec 16, 2012 12:15pm Dec 16, 2012 12:15pm
Quoting divak
source? link?
was a quick flash on CNN. I don't have anything more detailed..
  • #733,374
  • Dec 16, 2012 12:18pm Dec 16, 2012 12:18pm
Quoting fxnav
For those traders who use brokers that close over the weekend, and give you a "retail" gap on the "open", price is now 3181

Of course we will get a few posters here who trade this gap that they see, but for some of us with proper pricefeeds, we know it is all an illusion. It does provide some entertainment if nothing else.
Just guesswork here, but I wonder if there's going to be a short but fast rally from stop-loss orders being activated as brokers open up from the weekend.
  • #733,375
  • Dec 16, 2012 12:19pm Dec 16, 2012 12:19pm
EUR/USD:
High: 1.31895
Low: 1.31686

EUR/JPY:
High: 111.314
Low: 110.935

  • #733,376
  • Dec 16, 2012 12:19pm Dec 16, 2012 12:19pm
Quoting sunilpawar
Hi Gator how are you
if it went to 3190.. the usdx probably went to 79.48 . just looking if it did or not. does anyone have this and the source?
those who can, do. those who cant, talk about those who can
  • #733,377
  • Dec 16, 2012 12:21pm Dec 16, 2012 12:21pm
Quoting gatorinla
anything at 3188 ish?
reason i look
those who can, do. those who cant, talk about those who can
  • #733,378
  • Dec 16, 2012 12:23pm Dec 16, 2012 12:23pm
Quoting gatorinla
last time the eu was here. i had a pending at 3188.. it never hit.. i waited and figured it would come back, it never did. Its still the same # it was then.. it and the ej one you posted are near the same time.
another
those who can, do. those who cant, talk about those who can
  • #733,379
  • Dec 16, 2012 12:25pm Dec 16, 2012 12:25pm
Quoting fxnav
For those traders who use brokers that close over the weekend, and give you a "retail" gap on the "open", price is now 3181

Of course we will get a few posters here who trade this gap that they see, but for some of us with proper pricefeeds, we know it is all an illusion. It does provide some entertainment if nothing else.
might be because of the cnn news I posted a little earlier.. It went up, now that maybe the fiscal milf is out of the picture, they'll start focusing back on Europe and hopefully will start dropping. Tomorrow/tonite will tell a story..
  • #733,380
  • Dec 16, 2012 12:27pm Dec 16, 2012 12:27pm
Quoting gatorinla
still didn't hit usdx target , 2 pips away. i will be paying attention here. eu 3174 and 3172 are reasonably =. the pair dont forget. and many times will get that one left behind pip. and many times reverse to that missed pip. 2008 chart indicates 3188 as a R area. it has usually been within about 7+- pips of these 2008 #s. although it has been wider is resent times. the toll at 3594 has not been paid. there are no guarantees it ever will be. ypp at 3588... the high is close to = the high a few months back. at a place the usdx has came close to...
usdx in the quoted chart near target.
those who can, do. those who cant, talk about those who can
856 traders viewing now