EURUSD | Page 37227 | 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

  • #744,521
  • Jan 10, 2013 2:48pm Jan 10, 2013 2:48pm
Quoting attila
If nothing else, remember this.. As much as most look down on Tokyo, it is the session that sets up the entire day..
have been trying to incorporate that since last week. most of the time, they take what sydney's doing, then take that the other way around.
  • #744,522
  • Jan 10, 2013 2:51pm Jan 10, 2013 2:51pm
Quoting attila
ah.. you're still looking at all the wrong things.. crap.. OK.

We had the fiscal cliff "resolution" and the market went up strongly at that time.. It was on the way down, and it turned around for another 100 pips..yes?

it happened during Tokyo.. Tokyo closed at 3264 that day.. Is there anybody wondering why we stopped dead at that exact number? Why don't you guys let Tokyo show the way.. what say you?

If nothing else, remember this.. As much as most look down on Tokyo, it is the session that sets up the entire day..
Tokyo is a great session for info, its give very solid clues towards what the direction should be for the rest of the session. It's also is the most technical session, not much game playing going on during that session. Dailyfx did a study on times of day that were most profitable for retail traders according to the profitability of FXCM retail accounts & numbers showed it was Tokyo.
It works till it doesn't
  • #744,523
  • Jan 10, 2013 2:51pm Jan 10, 2013 2:51pm
Quoting attila
I don't know what they will do.. but the move today happened without them.. same as the other one.. All I can tell, is they have some very good friends ready to hand some help..
so you have no opinion on where they may push it?
  • #744,524
  • Jan 10, 2013 2:52pm Jan 10, 2013 2:52pm
Quoting attila
here's another hint... on the way down (that last leg down) if you looked carefully, they never sold.. I talked about TY a lot lately, read my posts.. So is not as simple as they buy or they sell.. Only if it were that simple..
You mean setting up the lower shadows ?! - its a bit late at night , and i need some help here ...
"It's the Margin, Stupid."
  • #744,525
  • Jan 10, 2013 2:53pm Jan 10, 2013 2:53pm
Yup that's because that's the timezone for Kiwi and Aussie traders.
  • #744,526
  • Jan 10, 2013 2:54pm Jan 10, 2013 2:54pm
Possible resistance area?

Im looking at this
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 217 KB
  • #744,527
  • Jan 10, 2013 2:54pm Jan 10, 2013 2:54pm
Quoting DaEdge
Tokyo is a great session for info, its give very solid clues towards what the direction should be for the rest of the session. It's also is the most technical session, not much game playing going on during that session. Dailyfx did a study on times of day that were most profitable for retail traders according to the profitability of FXCM retail accounts & numbers showed it was Tokyo.
yes, and yet a lot of traders still look at their own trend lines (that nobody knows about anyway), and fail to read what the market is doing.. They're still looking for that magic line..
  • #744,528
  • Jan 10, 2013 2:54pm Jan 10, 2013 2:54pm
Quoting Myo
You know exactly what I meant.
I'm done with you. I have no idea what the heck you're talking about and I really don't give a bloody hoot. Good day...
  • #744,529
  • Jan 10, 2013 2:56pm Jan 10, 2013 2:56pm
Quoting divak
so you have no opinion on where they may push it?
I have to see what they're gonna be doing.. I don't know at this point but I'm pretty positive they'll want their 3264 today.. then we'll see..

from what I see what's left behind.. a complete fade of this move is not out of the question.. a little early to tell..
  • #744,530
  • Jan 10, 2013 2:59pm Jan 10, 2013 2:59pm
EURJPY broken 117 but market didnt like it, sent it back down.

Thought that would have been a catalyst for another small push up on eur pairs.
  • #744,531
  • Jan 10, 2013 3:00pm Jan 10, 2013 3:00pm
Quoting attila
yes, and yet a lot of traders still look at their own trend lines (that nobody knows about anyway), and fail to read what the market is doing.. They're still looking for that magic line..
That's why I stick to supply & demand, the only truth in forex is current price. The rest is all noise.
It works till it doesn't
  • #744,532
  • Jan 10, 2013 3:01pm Jan 10, 2013 3:01pm
Quoting Freshpips
EURJPY broken 117 but market didnt like it, sent it back down.

Thought that would have been a catalyst for another small push up on eur pairs.
no kidding..

Quoting attila
I know... let me know how it goes.. I prefer to take opposite positions on u/cad if I want to hedge.. Problem is I'm trying to catch a longer term trade, and e/j's been moving around 114.7596 like a mofu.. that's the level I'm watching for long up to 117. Besides, because my acc. is in USD, this would pay nicely..
my long that never happened..
  • #744,533
  • Jan 10, 2013 3:08pm Jan 10, 2013 3:08pm
Quoting BobGnarly
Yes I am aware I said that, its such a small position. And I adjusted my SL to 1.3268 not any risk at all really. And if it goes my way I will add to my position. I just cant see the point in anyone boosting this too much more.

My first target is the 23.6 fib of this up move today at 1.3212

out at +9 , I will wait and see what tokyo has to say
Want the lifestyle of the top traders in the world? TAKE RISK.
  • #744,534
  • Jan 10, 2013 3:08pm Jan 10, 2013 3:08pm
Quoting DaEdge
That's why I stick to supply & demand, the only truth in forex is current price. The rest is all noise.
I'm looking at that too, but the bands are too wide for me..
  • #744,535
  • Jan 10, 2013 3:12pm Jan 10, 2013 3:12pm
Quoting attila
no kidding..



my long that never happened..

Now its going mate...

Ill wait to see if 117 holds as support now... This could open up the gates for another massive move.
  • #744,536
  • Jan 10, 2013 3:13pm Jan 10, 2013 3:13pm
Quoting Freshpips
Now its going mate...

Ill wait to see if 117 holds as support now... This could open up the gates for another massive move.

Actually, dont think this coming down for a while
  • #744,537
  • Jan 10, 2013 3:16pm Jan 10, 2013 3:16pm
Quoting shaukat113
trade is close with +10.
why i am not happy did not book 70 pips profit and stop out
so some pips got back
Attached Image (click to enlarge)
Click to Enlarge Name: 991.gif Size: 9 KB
just live a life, don't be hard.
  • #744,538
  • Jan 10, 2013 3:17pm Jan 10, 2013 3:17pm
Quoting Freshpips
Actually, dont think this coming down for a while
I have to run the numbers at day close. This might be outdated with this move but next up should be 118.3466
  • #744,539
  • Jan 10, 2013 3:21pm Jan 10, 2013 3:21pm
Quoting attila
here's another hint... on the way down (that last leg down) if you looked carefully, they never sold.. I talked about TY a lot lately, read my posts.. So is not as simple as they buy or they sell.. Only if it were that simple..
Market Profile for the last sessions


light green is Tokyo
Attached Image (click to enlarge)
Click to Enlarge Name: market profile60.jpg Size: 101 KB
  • #744,540
  • Jan 10, 2013 3:25pm Jan 10, 2013 3:25pm
Quoting infinitus
Market Profile for the last sessions


light green is Tokyo
They kept it tight, didn't they? Now almost at the POC of the last one to the left.
484 traders viewing now