EURUSD | Page 37748 | 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

  • #754,941
  • Feb 6, 2013 10:09am Feb 6, 2013 10:09am
Quoting Kramerica
I've been watching your posts for a few weeks.. Looks like we are lockstep in our TA and PA expectations. Are you still expecting another stab up today?

I have been all week.. But the bears have been showing a little muscle past few days. I'd like to think 3750ish is still a target before the ECB's hot air tomorrow.
i will say, an other time under 1.35 and then bull be back for long run !?
  • #754,942
  • Feb 6, 2013 10:11am Feb 6, 2013 10:11am
Quoting Miguel.N
i will say, an other time under 1.35 and then bull be back for long run !?
Hourly looks like the bulls might be started. 4H could be bullish engulfing if we close above 1.355 ish
  • #754,943
  • Feb 6, 2013 10:13am Feb 6, 2013 10:13am
Quoting Kramerica
I've been watching your posts for a few weeks.. Looks like we are lockstep in our TA and PA expectations. Are you still expecting another stab up today?

I have been all week.. But the bears have been showing a little muscle past few days. I'd like to think 3750ish is still a target before the ECB's hot air tomorrow.
Yes I still do mate, it is getting a little heavier but I am sure you know what happens when Bulls take control. It might be a very interesting NY and Asia session today but I don't have the energy to watch it all night. In case NY manages to close the day above 1.3572, Asia will keep pushing it up so my actual plan to go long around 1.3500s and liquidate above 1.3700s won't be possible in that case.
PA is terrible today that is one thing, on the other hand, it is starting to give the idea that market found the equilibrium around here. If shit hits the fan, I will mark 1.3570s to consider for longs and short the cripple as long as we are below it. Somehow it is good that the picture is getting clearer to me. Last week was also not good at all. Non-stop no retrace move to the roof. It is very difficult to catch good pips with a few positions in those cases.
  • #754,944
  • Feb 6, 2013 10:21am Feb 6, 2013 10:21am
All depends on the fact that market is happy to close around 35 just to calm trading a bit.

But if hourly closes above it for the rest of session (need min. 2 closes below to scare buyers), it may try to test 67/70 to see if there is any supply.
They think they are smarter than I am.
  • #754,945
  • Feb 6, 2013 10:23am Feb 6, 2013 10:23am
Quoting Ken A
E/J might shoot above because it turned at the same time U/J bounced from 93.30.
it may.. or it may just be a normal retrace before lower.
those who can, do. those who cant, talk about those who can
  • #754,946
  • Feb 6, 2013 10:26am Feb 6, 2013 10:26am
Quoting math_GB
Yes I still do mate, it is getting a little heavier but I am sure you know what happens when Bulls take control. It might be a very interesting NY and Asia session today but I don't have the energy to watch it all night. In case NY manages to close the day above 1.3572, Asia will keep pushing it up so my actual plan to go long around 1.3500s and liquidate above 1.3700s won't be possible in that case.
PA is terrible today that is one thing, on the other hand, it is starting to give the idea that market found the equilibrium around here. If shit...
The main pivot point has been consistently presenting stiff resistance for the last 9 hours and continues to do so. Right now, I shall keep sitting on my hands until I see confirmed evidence that the pp has been traversed. If that happens, I will enter a long with a target of 1.3585 and if successful, re-enter at 1.3595, targeting 1.3629. I think it's probably going to take a while though.
  • #754,947
  • Feb 6, 2013 10:27am Feb 6, 2013 10:27am
Quoting Z3iz3i
All depends on the fact that market is happy to close around 35 just to calm trading a bit.

But if hourly closes above it for the rest of session (need min. 2 closes below to scare buyers), it may try to test 67/70 to see if there is any supply.
So... How the hell can I trade this shite now...??? It turned into a flip a coin type of market...
  • #754,948
  • Feb 6, 2013 10:27am Feb 6, 2013 10:27am
?
Attached Image (click to enlarge)
Click to Enlarge Name: uschf.PNG Size: 63 KB
those who can, do. those who cant, talk about those who can
  • #754,949
  • Feb 6, 2013 10:28am Feb 6, 2013 10:28am
Watching 3508 for more longs
  • #754,950
  • Feb 6, 2013 10:33am Feb 6, 2013 10:33am
Quoting math_GB
Yes I still do mate, it is getting a little heavier but I am sure you know what happens when Bulls take control. It might be a very interesting NY and Asia session today but I don't have the energy to watch it all night. In case NY manages to close the day above 1.3572, Asia will keep pushing it up so my actual plan to go long around 1.3500s and liquidate above 1.3700s won't be possible in that case.
PA is terrible today that is one thing, on the other hand, it is starting to give the idea that market found the equilibrium around here. If shit...
Fair enough. I trade options.. more so than my FX station.. So I have to be out of my long by 4:00 PM today EST.. I'm closing all longs before meeting.. There is certainly a risk of a bombshell that could drop the E/U to 1.33 in a few hours..

But yeah.. I know what you mean. This bull has legs.. My long term sees a top at 1.38 1.40 and then a slow down trend afterwards to 1.22 .. Unfortunatly, this latest 1.37 can almost serve as a top on my charts.. But i'm biased for another new high above 1.371ish..

It just seems like these bulls have targets.. and they've been reaching them. So, if the 1.38 is a target, there could be a spike "approaching" it any minute,, IMHO
  • #754,951
  • Feb 6, 2013 10:35am Feb 6, 2013 10:35am
it seems it want to fly but need again 1.35 before !?
  • #754,952
  • Feb 6, 2013 10:36am Feb 6, 2013 10:36am
  •  orzels
  • | Joined Nov 2011 | Status: Buy at resistance, Sell at support™ | 309 Posts
Watching Gold behaviour, thinking about reject from go up. Maybe next hour can show less distracted action.
  • #754,953
  • Feb 6, 2013 10:36am Feb 6, 2013 10:36am
l eur/cad is in play...any takers??
I'm not a "Businessman" I'm a "Business-man"!! Jay-Z
  • #754,954
  • Feb 6, 2013 10:44am Feb 6, 2013 10:44am
here atm
Attached Image (click to enlarge)
Click to Enlarge Name: uschf.PNG Size: 24 KB
those who can, do. those who cant, talk about those who can
  • #754,955
  • Edited 11:01am Feb 6, 2013 10:44am | Edited 11:01am
Quoting Fxnewdeal
Hard to look at it.

Bears have locked 40-45 this morning, and now 30....i guess we have to look for some setups lower.

The only way to see it, in my eyes, is with a big spilke up
I anticipated an upside after price lingered at Monday's Low and i entered a long @1.3500. NY has already printed a daily low, so am anticipating that it will still spike up. Now looking @ 1.3568.
  • #754,956
  • Feb 6, 2013 10:45am Feb 6, 2013 10:45am
Just wonderful, we are in limbo till tomorrow. So, tomorrow I'm a winner or a loser. We shall see.

Till Later.
Cheers
  • #754,957
  • Feb 6, 2013 10:47am Feb 6, 2013 10:47am
Quoting Vectamart
The main pivot point has been consistently presenting stiff resistance for the last 9 hours and continues to do so. Right now, I shall keep sitting on my hands until I see confirmed evidence that the pp has been traversed. If that happens, I will enter a long with a target of 1.3585 and if successful, re-enter at 1.3595, targeting 1.3629. I think it's probably going to take a while though.
Good plan mate... I think I am exhausted so have to call it a day, not fun to trade while the PA is slow and can not make up its mind. Have a good one all...!
  • #754,958
  • Feb 6, 2013 10:50am Feb 6, 2013 10:50am
Back to the markets ...

I'm short since 1.35375 ...

Did so via A REVERSO ORDER ...

Done at 17h23 CET

And day is comming to an END ...

We will tone it down with low leverage trading then ...



Europe will plug out soon and then we are better advised to prepaire our major works ...

Such as counting pips and money and doing suchlike procedures ...






;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #754,959
  • Feb 6, 2013 11:03am Feb 6, 2013 11:03am
  •  orzels
  • | Joined Nov 2011 | Status: Buy at resistance, Sell at support™ | 309 Posts
Waiting for kaboom! in 20 minutes. Sitting on hands..
  • #754,960
  • Feb 6, 2013 11:07am Feb 6, 2013 11:07am
  •  orzels
  • | Joined Nov 2011 | Status: Buy at resistance, Sell at support™ | 309 Posts
After 3480 I'll go long.
3,330 traders viewing now