Euro/Dollar | Page 159 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Euro/Dollar discussion 9 replies

Iran to replace Dollar with Euro 10 replies

Iran replace dollar with euro 15 replies

Syria Threatens To Abandon Dollar For Euro 3 replies

euro against the dollar 0 replies

Attachments: Euro/Dollar
Exit Attachments

Euro/Dollar

  • #3,161
  • Jan 30, 2013 1:38am Jan 30, 2013 1:38am
Good morning,
Tango down
See you at the next fence
regards
Tom
swing it!
  • #3,162
  • Jan 30, 2013 1:59am Jan 30, 2013 1:59am
JPY continues to look constructive...

I'm looking for extension to 91.28 100% Fib extension where wave 1 = wave 5...

But breaking wave 3 top means minimum requirements for 5 wave structure in place...
and wave 2 pullback can commence at any time...

Wave 2 pullback usually sharp and deep... often near 61.8% retrace, but can retrace
as much as 100% of wave 1....

So below 90.33 invalidates bullish count...
Attached Image
  • #3,163
  • Jan 30, 2013 2:37am Jan 30, 2013 2:37am
Target reached....

I took half off.... + 38 pips

Fresh 2 1/2 year highs.... 91.50 barriers reported...

Look to reload lower....
Attached Image
  • #3,164
  • Jan 30, 2013 2:59am Jan 30, 2013 2:59am
Quoting Crassius

Fresh 2 1/2 year highs.... 91.50 barriers reported...
.

IFR reporting that 91.50 barrier expires Thursday...
  • #3,165
  • Jan 30, 2013 3:02am Jan 30, 2013 3:02am
Quoting Crassius
IFR reporting that 91.50 barrier expires Thursday...
Expire mean it will retrace ?
  • #3,166
  • Jan 30, 2013 3:06am Jan 30, 2013 3:06am
Quoting k3nshinz3139
Expire mean it will retrace ?

No... it means that there is a do not touch option in place right now at 91.50..... The options interested parties.. usually a big player, often a Central Bank with very deep pockets (like can't lose at this game) ... will defend price from touching that 91.50 level until the option expires.

If it does trade at the 91.50 level today, the option is worthless and the door opens for higher levels....
  • #3,167
  • Jan 30, 2013 3:09am Jan 30, 2013 3:09am
Quoting Crassius
No... it means that there is a do not touch option in place right now at 91.50..... The options interested parties.. usually a big player, often a Central Bank with very deep pockets (like can't lose at this game) ... will defend price from touching that 91.50 level until the option expires.

If it does trade at the 91.50 level today, the option is worthless and the door opens for higher levels....
Okay. Thank for your information.
  • #3,168
  • Edited 3:11am Jan 30, 2013 3:10am | Edited 3:11am
Quoting Crassius
Wave 2 pullback usually sharp and deep... often near 61.8% retrace, but can retrace
as much as 100% of wave 1....

So below 90.33 invalidates bullish count...

This post however details the retrace that may now be underway in USDJPY...

I am looking for retrace to put in the (ii) wave.. at some point we have to retarce to put in the (ii) wave before going higher
  • #3,169
  • Jan 30, 2013 3:19am Jan 30, 2013 3:19am
Quoting Crassius
Just got filled on a half load buy limit order for EURUSD at 3430 Will add lower if get the chance... Stops sub 3350
Profit booked on 25% at 3522 + 92 pips...

Next target 3547
  • #3,170
  • Jan 30, 2013 3:43am Jan 30, 2013 3:43am
Quoting Crassius
Putting the add order back on now that we are approaching prime market conditions... ...order to trigger at 3507 bid...

This add order's stop moved to Break Even
  • #3,171
  • Jan 30, 2013 3:44am Jan 30, 2013 3:44am
Quoting Crassius
USDJPY looking tempting...

Trade progressing nicely.... If you took this from this morning I have raised my stop to 90.75.
Attached Image
  • #3,172
  • Jan 30, 2013 3:46am Jan 30, 2013 3:46am
Quoting Crassius
Stops moved into profit at 3470....

Raised again farther into profit, ticked under figure
  • #3,173
  • Jan 30, 2013 4:20am Jan 30, 2013 4:20am
Brace for some volatility as LTRO related figures hit the market... they will effect libor and cause some wobbles in EURUSD... came out this time yesterday ay 20 min after the hour.. due out anytime now...
  • #3,174
  • Jan 30, 2013 4:24am Jan 30, 2013 4:24am
Quoting Crassius
Brace for some volatility as LTRO related figures hit the market... they will effect libor and cause some wobbles in EURUSD... came out this time yesterday ay 20 min after the hour.. due out anytime now...

EURUSD session highs off this...
  • #3,175
  • Edited 4:46am Jan 30, 2013 4:39am | Edited 4:46am
Quoting Crassius
Putting the add order back on now that we are approaching prime market conditions... add order to trigger at 3507 bid...
Booked half the add order here at 3444 + 37 pips EDIT: 3544

Second half target 3567, stop at Break Even



Quoting Crassius
Just got filled on a half load buy limit order for EURUSD at 3430 Will add lower if get the chance... Stops sub 3350
Last 25% of this fill off at 3444 + 114 pips EDIT: 3544
  • #3,176
  • Jan 30, 2013 4:42am Jan 30, 2013 4:42am
All I have left is 1/2 the add order from 3507... I'll take that if I get lucky enough just under the Bolli's now near 3570 ...

Stop moved slightly into profit at 3515
  • #3,177
  • Jan 30, 2013 6:23am Jan 30, 2013 6:23am
Good morning traders,

this is my up to date view on the EUR/USD on the 4-hour chart with next setups:

http://www.forexfactory.com/attachme...1&d=1359548340

Scenario 1 of the setup provided yesterday's played out nicely. Congrats to those who took the trade! The larger intermediate trading plan is unfolding as anticipated and I think we are now in the B2-leg of this move into the 1.3850 or higher level.

Yesterday's extension setup worked. Price never moved below 1.3408 level indicated and brought price to 1.3510 (1st target) and then 1.3560 (2nd target) as anticipated. Now we could see a shallow retracement.

But we are setup for a continuation of the current move, after a shallow retracement. There are only two areas this market can retrace to: the closer area is 1.3530; a deeper retracement could bring price into the 1.3495 area.

I could identify two corresponding scenarios shown hereunder:

Scenario 1. A shallow retracement could bring price into the 1.3530 area of support. Long here with a stop below 1.3515. Targets are at 1.3590 (1st) and 1.3610-15 (2nd).

Scenario 2. Price deeps below 1.3515 and corrects all the way into the 1.3495-1.3500 area where bulls could and probably will come in. Long here with a stop below 1.3470. Targets at 1.3600 (1st) and 1.3660 (2nd)

Hope you can profit from this info.
Have a great day.
"markets traded by programs/HFT offer a significant trading edge..."
  • #3,178
  • Jan 30, 2013 6:25am Jan 30, 2013 6:25am
Quoting Crassius
All I have left is 1/2 the add order from 3507... I'll take that if I get lucky enough just under the Bolli's now near 3570 ...

Stop moved slightly into profit at 3515
GM Crassius,
I suggest 3514 or even 3513, sometimes programs can be picky!
"markets traded by programs/HFT offer a significant trading edge..."
  • #3,179
  • Jan 30, 2013 6:51am Jan 30, 2013 6:51am
Quoting Crassius

Second half target 3567....

Removing the take profit order... I'm gonna hang on to it...... unless stop hit...
  • #3,180
  • Jan 30, 2013 6:54am Jan 30, 2013 6:54am
Quick todays market analysis video

0:09 Spanish GDP figure;
1:01 Italian bond auction;
1:53 Today's US session including GDP and Fed press conference;
4:06 CHART -- EUR/USD analysis.

Inserted Video
Read Charts - Not Papers
1 trader viewing now