EURUSD | Page 37374 | 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

  • #747,461
  • Jan 17, 2013 9:22am Jan 17, 2013 9:22am
Quoting square1
Somebody enlighten me. Why is it that Gold is in the same trend with the EURUSD.

If gold falls, dollar becomes strong or vice varsa but why? They want to keep gold rate high in Asian countries like India, Pakistan & china where the demand for gold is very high.
When Scalpers win, I lose and Vice varsa...
  • #747,462
  • Jan 17, 2013 9:22am Jan 17, 2013 9:22am
Quoting NuNix
great to you too my friend...wait for another bulls train
Might be this is another bulls train or wrong train?...add more long on EU side @1.3344
Attached Image (click to enlarge)
Click to Enlarge Name: Floating.JPG Size: 30 KB
Dangdut is a music of my country
  • #747,463
  • Jan 17, 2013 9:22am Jan 17, 2013 9:22am
Quoting vlady1974
Gold is valued in USD.
thanks, how about Silver?
  • #747,464
  • Jan 17, 2013 9:22am Jan 17, 2013 9:22am
Quoting Fxnewdeal
I'm just wondering what's his purpose by saying that.
Maybe he lost some money by following his advice...

Traders better not publish any value without some scenario / technical stuff to rely on.

Somebody already wrote that a trader must never follow another one. I'd says maybe we can follow another one but we must exactly know what is the underlying strategy. Otherwise it is like gambling.
  • #747,465
  • Jan 17, 2013 9:22am Jan 17, 2013 9:22am
Quoting Fxnewdeal
Gotta try a 40 long against 1.3324 (10 pips below huge vol from this morning)
At BE now.
Targets are 1.3375-90-1.3415....or BE!
  • #747,466
  • Jan 17, 2013 9:22am Jan 17, 2013 9:22am
Quoting vlady1974
Gold is valued in USD.


often because they're both viewed as risk assets (reasons being given today on some blogs are more complicated)
  • #747,467
  • Jan 17, 2013 9:22am Jan 17, 2013 9:22am
Quoting vlady1974
I would have to be one that breaks the mold. I got no inside or outside info. I have no idea where it's going. I know where I'd like it to go, but it don't give a shite about me or anyone else for that matter.
Nicely said!
  • #747,468
  • Jan 17, 2013 9:23am Jan 17, 2013 9:23am
Quoting undertaker66
why not 3215 then?
no no 1.3184 today
  • #747,469
  • Jan 17, 2013 9:23am Jan 17, 2013 9:23am
Quoting Goldflake
Anybody still seeing 3420 level today?
Keeping an eye on 3402. But am curious what NY will do after London closes today.
Time turns trend. - W.D. Gann
  • #747,470
  • Jan 17, 2013 9:25am Jan 17, 2013 9:25am
Quoting 1candlepower
often because they're both viewed as risk assets
But they're usually a substitute for each other. A sell off in gold triggered by demand for USD means:

USD +
EUR -

Therefore EURUSD = down.

For me to really believe this, I'd be looking at crosspairs, eg. YEN vs USD across the board.
For EURUSD to be up, EUR + and USD -
.... so what would happen to the YEN?
A pip is only worth it if you know how much you risked to earn it
  • #747,471
  • Jan 17, 2013 9:27am Jan 17, 2013 9:27am
Quoting vlady1974
But they're usually a substitute for each other. A sell off in gold triggered by demand for USD means:

USD +
EUR -

Therefore EURUSD = down.

For me to really believe this, I'd be looking at crosspairs, eg. YEN vs USD across the board.
For EURUSD to be up, EUR + and USD -
.... so what would happen to the YEN?
yen is sexy and it knows it
  • #747,472
  • Jan 17, 2013 9:28am Jan 17, 2013 9:28am
more or less like this.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 4 17012013.png Size: 38 KB
  • #747,473
  • Jan 17, 2013 9:29am Jan 17, 2013 9:29am
Just to add to this.... I'm no fundie expert by a looooong mile so please someone correct me if I'm wrong.

But if Gold sell of DOES NOT equate to a sell off on EURUSD as some are predicting, then why would EUR + and USD - ?
You'd have to ask what other pairs are correlated to the EUR that would have to lose for EUR to win in the next coming hours/days/week?
A pip is only worth it if you know how much you risked to earn it
  • #747,474
  • Jan 17, 2013 9:30am Jan 17, 2013 9:30am
Quoting undertaker66
yen is sexy and it knows it
ha ha ha.
  • #747,475
  • Jan 17, 2013 9:31am Jan 17, 2013 9:31am
Quoting ForExtraPips
Keeping an eye on 3402. But am curious what NY will do after London closes today.


407 is my number, but I'm not married to it. 402 is good enuf for me.
A pip is only worth it if you know how much you risked to earn it
  • #747,476
  • Jan 17, 2013 9:33am Jan 17, 2013 9:33am
Quoting vlady1974
But they're usually a substitute for each other. A sell off in gold triggered by demand for USD means:

USD +
EUR -

Therefore EURUSD = down.

For me to really believe this, I'd be looking at crosspairs, eg. YEN vs USD across the board.
For EURUSD to be up, EUR + and USD -
.... so what would happen to the YEN?


well, the "both risk assets" idea came with the one-dimensional risk-on/risk off world view of the last few years.

but, what i read this morning was that when the positive US data came out, gold traders were starting to lose faith in the "money printing"="gold soars" view point, and that was what caused some of the selling...
  • #747,477
  • Jan 17, 2013 9:33am Jan 17, 2013 9:33am
Ooooooooops! Gold is dancing. It erased all losses.
When Scalpers win, I lose and Vice varsa...
  • #747,478
  • Jan 17, 2013 9:33am Jan 17, 2013 9:33am
Quoting square1
ha ha ha.
this is how yen rolls
Inserted Video
  • #747,479
  • Jan 17, 2013 9:34am Jan 17, 2013 9:34am
New York will soon surprise

1.3185
  • #747,480
  • Jan 17, 2013 9:35am Jan 17, 2013 9:35am
Hi my friend I had red your posts. From my side, You are succesfull and stable trader....

Quoting pipsallday
morning all
ive been away for a few days
hope you all got the drop from 1.3400
577 traders viewing now