EurAnalysis | Page 3337 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #66,721
  • Apr 5, 2013 5:27am Apr 5, 2013 5:27am
Quoting EuroTraderJD
Big boys estimates Non-Farm Payroll Preview Deutsche Bank 160K HSBC 174K Goldman Sachs 175K Citi 175K Barclays Capital 175K UBS 190K Bank of America 200K JP Morgan 210K
well am sticking to Goldman and Barclays
Life is beautiful the way you dress it.
  • #66,722
  • Apr 5, 2013 5:28am Apr 5, 2013 5:28am
Quoting EuroTraderJD
Thanks brother
UW
Life is beautiful the way you dress it.
  • #66,723
  • Apr 5, 2013 5:31am Apr 5, 2013 5:31am
March Non-Farm Payrolls Print at 95K vs Expected 190K. . .
Trade smaller than rational because the market is irrational...
  • #66,724
  • Apr 5, 2013 5:34am Apr 5, 2013 5:34am
Out of long for +84 have existing long @ 1.3031
Trade smaller than rational because the market is irrational...
  • #66,725
  • Apr 5, 2013 5:36am Apr 5, 2013 5:36am
CurrencyMan does it again. Congratulations.

I had this sense of a BAD number. Watch out for Risk Off and then that Means More QE so many factors at play. Watch open of Equity Market The Winner Is ...

Thanks Everyone
  • #66,726
  • Apr 5, 2013 5:38am Apr 5, 2013 5:38am
Added new short @ 06
Trade smaller than rational because the market is irrational...
  • #66,727
  • Apr 5, 2013 5:40am Apr 5, 2013 5:40am
Quoting CurrencyMan
CurrencyMan does it again. Congratulations. I had this sense of a BAD number. Watch out for Risk Off and then that Means More QE so many factors at play. Watch open of Equity Market The Winner Is ... Thanks Everyone
CM you are the MAN

PT & CM the dynamic duo.

Batman and Robin move on over The Pipmobile is on the run
Trade smaller than rational because the market is irrational...
  • #66,728
  • Apr 5, 2013 5:41am Apr 5, 2013 5:41am
Quoting Vtmn
i'm always wrong, so..


havent traded E/U , U/C looking good

CAD is getting hammered
How to Win at Sports Betting: DON'T DO IT!
  • #66,729
  • Apr 5, 2013 5:42am Apr 5, 2013 5:42am
Quoting CurrencyMan
I want to personally thank you for your time and efforts on our thread. I have much respect for you and Thank You for the help with the NFP contest. We can review what occurred after about 30 minutes after the release in 5 minutes. Watch the open of the Equity Markets and Money Flow. Good Fortune All.
Thanks CM I am grateful and humbled by your acknowledgement

But it was a team effort. You, PT and MANY others on here make it a great place to share ideas.
Trade smaller than rational because the market is irrational...
  • #66,730
  • Apr 5, 2013 5:48am Apr 5, 2013 5:48am

  1. Big misses in US & Canadian jobs has EUR bid against North America
  2. With ECB seemingly 'on hold' with rates USD & CAD get slammed
  3. Mar 25 highs in EUR/USD (1.3050) & EUR/CAD (1.3344) are key for now
  4. Stops are likely above both, if tripped another massive short squeeze likely
  5. Chart: http://link.reuters.com/fym27t

Trade smaller than rational because the market is irrational...
  • #66,731
  • Apr 5, 2013 5:50am Apr 5, 2013 5:50am
Quoting fxcode
well am sticking to Goldman and Barclays
Never listen to the media. They have their own agenda.

Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #66,732
  • Apr 5, 2013 5:51am Apr 5, 2013 5:51am
Put a TS on for 10 pip trail leaving Hot Mama's for the office now. Dont want a winner to be a loser
Trade smaller than rational because the market is irrational...
  • #66,733
  • Apr 5, 2013 5:52am Apr 5, 2013 5:52am
Quoting PipTrapper
Never listen to the media. They have their own agenda. {image}
AMEN
Trade smaller than rational because the market is irrational...
  • #66,734
  • Apr 5, 2013 5:55am Apr 5, 2013 5:55am
Quoting PipTrapper
Not sure I'm the best buddy... just going with the odds and this time I was right. Now let's see if my calculation of the odds are correct. Odds are we'll see around 1.3150 before the sucker heads down again. Tomorrow's NFP may do it. If not, perhaps early/mid next week.
1.3150 area... Here we come.

Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #66,735
  • Apr 5, 2013 5:57am Apr 5, 2013 5:57am
Quoting PipTrapper;6578152[B
]1.3150 area... Here we come[/b]. {image}


That was spot on mate - i also had 1.31 in sight before the leg down - some supply needed to boost the bear
finding A M S
  • #66,736
  • Apr 5, 2013 6:21am Apr 5, 2013 6:21am
Quoting PipTrapper
1.3150 area... Here we come. {image}
Round up them bulls right into the rail car #3150 direct express for the slaughter house. Bears like burgers.
Trade smaller than rational because the market is irrational...
  • #66,737
  • Apr 5, 2013 6:22am Apr 5, 2013 6:22am
TS got hit on short for +6 waiting to reshort at some point. Existing long @ 1.3031
Trade smaller than rational because the market is irrational...
  • #66,738
  • Apr 5, 2013 6:28am Apr 5, 2013 6:28am
Forex: EUR/USD retracts from 1.3028 spike high to 1.3000 mark

FXstreet.com (Barcelona) - The EUR/USD jumped by 72 pips to 1.3028 high on the release of the US NFP report, with the March figure at 88K (consensus of 200K) and the February number being revised higher from 236K to 268K. Profit taking has brought the pair to test the 1.3000 psychological level.

US average hourly earnings came in at 0.0% (consensus of 0.2%) and average weekly hours at 34.6 (consensus of 34.5). The unemployment rate in the US dropped unexpectedly from 7.7% to 7.6% in March. The US trade deficit narrowed from $-44.45B to $-43.00B (consensus of $-44.60B).

The first reading for GDP Q1 2013 came in at -0.6%. EMU retail sales contracted by -0.3% in February, more than the -0.2% expected and after a +1.2% rise in the previous month. The annualized figure rebounded from -1.9% (revised from -1.3%) to -1.4%, while market consensus was pointing to -1.8%. German Factory orders came in at +2.3% (MoM) and 0.0% (YoY) from -1.6% and -2.1%, respectively, surprising investors that were expecting +1.2% and -1.5%. The ECB announced LTRO repayments of €8.064bn from 20 banks, with the amount split roughly evenly between the first and second LTROs.

Mataf.net analysts point to resistance at 1.3040. On the downside, supports might be found at 1.2900, 1.2875 and 1.2795.
Trade smaller than rational because the market is irrational...
  • #66,739
  • Apr 5, 2013 6:36am Apr 5, 2013 6:36am
Quoting CurrencyMan
CurrencyMan does it again. Congratulations. I had this sense of a BAD number. Watch out for Risk Off and then that Means More QE so many factors at play. Watch open of Equity Market The Winner Is ... Thanks Everyone
CM excellent advise...follow the money. It flows like water from one asset to another. I track S&P500 / DOW / Oil / Gold / Silver for non FX
Attached Image (click to enlarge)
Click to Enlarge Name: pic29.jpg Size: 589 KB
Trade smaller than rational because the market is irrational...
  • #66,740
  • Apr 5, 2013 6:45am Apr 5, 2013 6:45am
Just wanted to point out the power of the 50 EMA from a "Daily" perspective... I believe price touched the 50 EMA to the pip then was quickly rejected.

*I will remain bearish until we get a daily close ABOVE the 50 EMA. However, I got knocked out of my 4 short positions for a combined loss of 800 pips plus a few EUR/CAD and EUR/AUD shorts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EUR_50.png Size: 103 KB
Click to Enlarge Name: EUR_50_EMA_(4-5).png Size: 111 KB
33 traders viewing now