EURUSD | Page 37126 | 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

  • #742,501
  • Jan 7, 2013 5:46pm Jan 7, 2013 5:46pm
can a cheap yen and an expensive euro coexist ??
this is the question.

this year, the other asians are set to boom and the japs weakened the yen to avoid/follow it.
on the other side, if eurusd goes higher, it will fuel the trade US-JP, JP-other asians, US-other asians....

the eurozone would be in trouble ?

please, one word.
I'll shop after the drop
  • #742,502
  • Jan 7, 2013 5:47pm Jan 7, 2013 5:47pm
will take a short at 3100 once this corrective wave finishes if it is one...i have same thinking as redellion
  • #742,503
  • Jan 7, 2013 5:49pm Jan 7, 2013 5:49pm
I am not short, I am long since 1.3028, I think Maxdoom is right that very short term in between overnight and possibly even tokyo some correction is due and 1.31, 1.3080. might be a place to add to my longs.......of course, I am no authority in trading.
AVT INVENIAM VIAM AVT FACIAM
  • #742,504
  • Jan 7, 2013 5:49pm Jan 7, 2013 5:49pm
Quoting the redlion
I am not anyone to say what you should or should not due.

however it depends what you are trying to measure.....if you want to get a baseline for the intrinsic value and the relative strength of the USD then yes it is good to look at it. It is also good to look at it to give you a different perspective (we are all pattern seeking primates) so we read into things, we give meaning to meaningless things, we find causality in correlations, we find patterns in random data.

most USD indexes will be highly negatively correlated to the Euro/usd chart...
Thank you, i have that on my screen but still looking at euro i envy a short now...
  • #742,505
  • Jan 7, 2013 5:52pm Jan 7, 2013 5:52pm
Quoting wambua
will take a short at 3100 once this corrective wave finishes if it is one...i have same thinking as redellion
if you want to go short this would be a good price, to be wrong and profitable price to be right. Consider your risk apetite and your risk management techniques.
AVT INVENIAM VIAM AVT FACIAM
  • #742,506
  • Jan 7, 2013 5:54pm Jan 7, 2013 5:54pm
Quoting Willow
can a cheap yen and an expensive euro coexist ??
this is the question.

this year, the other asians are set to boom and the japs weakened the yen to avoid/follow it.
on the other side, if eurusd goes higher, it will fuel the trade US-JP, JP-other asians, US-other asians....

the eurozone would be in trouble ?

please, one word.

Still searching for one word that answers two questions.
  • #742,507
  • Jan 7, 2013 5:54pm Jan 7, 2013 5:54pm
Quoting spartanforex
closed the rest out @ 13095 and entered short 13096, will add to it at 13109
SL 13133
moved stop loss to 13162 and will add at 13143 if we get there.
  • #742,508
  • Jan 7, 2013 5:56pm Jan 7, 2013 5:56pm
i think i will wait for 3100 price now seems risky
  • #742,509
  • Jan 7, 2013 5:57pm Jan 7, 2013 5:57pm
Quoting spartanforex
moved stop loss to 13162 and will add at 13143 if we get there.
NEVER move SL's but thats just my noobie opinion


Unless to BE or +
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #742,510
  • Jan 7, 2013 5:58pm Jan 7, 2013 5:58pm
"possibly"

Quoting Ken A
Still searching for one word that answers two questions.
  • #742,511
  • Jan 7, 2013 5:59pm Jan 7, 2013 5:59pm
Quoting Ken A
Still searching for one word that answers two questions.
Ken, you can do more...
don't keep it for you, cmon, very few europeans would see your answer, even i will read it just once .. and go to sleep
I'll shop after the drop
  • #742,512
  • Jan 7, 2013 6:02pm Jan 7, 2013 6:02pm
  •  orzels
  • | Joined Nov 2011 | Status: Buy at resistance, Sell at support™ | 309 Posts
Quoting BobGnarly
NEVER move SL's but thats just my noobie opinion
"NEVER" it's not so best word in Foreign Exchange
  • #742,513
  • Jan 7, 2013 6:03pm Jan 7, 2013 6:03pm
Quoting PipLand
"possibly"

Spot on re NFP and Unemployment Rate back in Dec 2012.
  • #742,514
  • Jan 7, 2013 6:05pm Jan 7, 2013 6:05pm
Quoting BobGnarly
NEVER move SL's but thats just my noobie opinion
It depends on your strategy. My personal take on it is if you're going to move your stop loss, do it with a consistent rationale every trade. Don't move it based on emotional reasons.
  • #742,515
  • Jan 7, 2013 6:07pm Jan 7, 2013 6:07pm
Quoting Willow
Ken, you can do more...
don't keep it for you, cmon, very few europeans would see your answer, even i will read it just once .. and go to sleep

OK one word 'lullaby'.
  • #742,516
  • Jan 7, 2013 6:09pm Jan 7, 2013 6:09pm
Yep even though we got a bit of a telling off for straying from the path of risk on risk off blah blah

Quoting Ken A
Spot on re NFP and Unemployment Rate back in Dec 2012.
  • #742,517
  • Jan 7, 2013 6:13pm Jan 7, 2013 6:13pm
Quoting PipLand
Yep even though we got a bit of a telling off for straying from the path of risk on risk off blah blah

Yeah. It doesn't matter what and when the FED might or might not do but markets are reacting to it.
  • #742,518
  • Jan 7, 2013 6:14pm Jan 7, 2013 6:14pm
1.3100 is the support to go to 1.3150 area where the correction could be over where i m looking to sell
  • #742,519
  • Jan 7, 2013 6:16pm Jan 7, 2013 6:16pm
Yep, it was a big reaction, a big difference which isnt shown in the charts at the moment is how much retail has flipped to net long EUR. Im staying bearish for now.

Quoting Ken A
Yeah. It doesn't matter what and when the FED might or might not do but markets are reacting to it.
  • #742,520
  • Jan 7, 2013 6:17pm Jan 7, 2013 6:17pm
Quoting PipLand
Yep, it was a big reaction, a big difference which isnt shown in the charts at the moment is how much retail has flipped to net long EUR. Im staying bearish for now.
Retail loves buying supply, and smart money can only oblige by selling it to them.
455 traders viewing now