EURUSD | Page 39625 | 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

  • #792,481
  • Apr 29, 2013 3:54am Apr 29, 2013 3:54am
Quoting Tom_D_Trader
Ok, got some sleep. Seems very tempting to go short right now. I still think market is in waiting mode and is going to be ranging. Nevertheless, and I know this chart is a bit silly as usuall, but just wanted to show you, err dont have english word for it, but can be bottom , whatever. That triangle is not there, but if this was bottom, then maybe insider move has already started and then maybe we are in process of forming trianguloid pressing to ,312. Where it can go boom up. It is just one option, I hope we wont get insider move and all see...
Weekly open where we bounces from 1,295x may be a bottom indeed...even though 1,292x is still possible.

A classic move as it happens often would be, on thursday, a deep move down inside the 1,29xx, to head back to the top and beyond.

That's EXACTLY what happened when we hit the low near 1,20xx last year.

Draghi dragged the pair down...and NFP the day after brought it to the top and beyond

History will repeat itself ?
COT: The precious data ignored
  • #792,482
  • Apr 29, 2013 3:54am Apr 29, 2013 3:54am
Trying some sneaky longs GU 5225 for 5550's
69
  • #792,483
  • Apr 29, 2013 3:55am Apr 29, 2013 3:55am
Quoting kbmoonshinex
3078 short
Are you still in that short from 3078?

What was the SL ?

GL
  • #792,484
  • Apr 29, 2013 4:00am Apr 29, 2013 4:00am
I have a 4hr GU doji, with high 10 pips below my daily channel. Seen the high of day all reversal from here?
As the lights go by so too do the shadows move
  • #792,485
  • Apr 29, 2013 4:02am Apr 29, 2013 4:02am
Good morning!

Double top on EUR/USD. Almost hit 1.3100 Round nmbr.Took a small Short from here Sl above the top. TP1 1.30700... Tp2 unknown!

Green pips to everyone!
  • #792,486
  • Apr 29, 2013 4:07am Apr 29, 2013 4:07am
Sell is not a right choice at this time. Wait till short term PA become weak.
You cannot learn better without losing
  • #792,487
  • Apr 29, 2013 4:10am Apr 29, 2013 4:10am
Quoting forexings
Sell is not a right choice at this time. Wait till short term PA become weak.
Buy and sell are always good choices..as long as you know where to enter/exit
COT: The precious data ignored
  • #792,488
  • Apr 29, 2013 4:12am Apr 29, 2013 4:12am
Quoting forexings
Sell is not a right choice at this time. Wait till short term PA become weak.
Ah ic. thnks.
As the lights go by so too do the shadows move
  • #792,489
  • Apr 29, 2013 4:18am Apr 29, 2013 4:18am
Quoting Matts Micro
{quote} Ah ic. thnks.
Erm i'm short. And will short rallies

Time will tell if i fucked up or not
COT: The precious data ignored
  • #792,490
  • Apr 29, 2013 4:21am Apr 29, 2013 4:21am
Quoting kuroro001
{quote} Weekly open where we bounces from 1,295x may be a bottom indeed...even though 1,292x is still possible. A classic move as it happens often would be, on thursday, a deep move down inside the 1,29xx, to head back to the top and beyond. That's EXACTLY what happened when we hit the low near 1,20xx last year. Draghi dragged the pair down...and NFP the day after brought it to the top and beyond History will repeat itself ?
Y, I remember. But those were a bit different conditions. As NFP back then was like promise of QE. Everyone was watching it closely. Imo now people still do watch NFP, but compared to QE expectations, its impact is limited.

Funny thing here is ECB actually lowered IR to ,75 somewhat @ start of July 2012. I aint seeing much of a bear since then . Anyway, back then, EU was in total mess, Greece, Spain, Portugal + on verge of bankrupcy and this was what made Draghi to cut. Sure, there are bad numbers coming out of Europe right now and Germany is in election mode, but imo it is definitely not that bad as last summer.

So, to sum it up. I dont think he´s gonna cut. And I dont think NFP is going to have much of an impact now, compared to ECB. Imo all eyes are now on ECB. It is Draghis game right now. Cut or not cut, we will definitely swing wild. I can imagine sweep to new lows @ ,291 and then next day ,32. No problem. Heck, I can imagine sweep to ,282, which would kill me.

So, let us assume he wont cut. What is gonna happen? a) market expectation shorts will unwound b) scared banks are going to short bonds and stocks, sending us down. So, now the only question remains what prevails in short term, so we can trade it. Imo long term is clear up. Short term is our beloved chop, though i would expect market to be choping up in ascending triangle. So it may be ascending triangle, then NFP comes and if good, banks will calm down a bit and market expectations shorts unwounding scenario will prevail and we are gonna shoot up to retest ,3344.

T
"I know one thing, that I know nothing." Sokrates
  • #792,491
  • Apr 29, 2013 4:25am Apr 29, 2013 4:25am
Quoting SugarPink
Goldman retarded clients had a good run with a position in profit for almost 1 full day! :-p
Oh
  • #792,492
  • Apr 29, 2013 4:35am Apr 29, 2013 4:35am
Quoting Tom_D_Trader
{quote} Y, I remember. But those were a bit different conditions. As NFP back then was like promise of QE. Everyone was watching it closely. Imo now people still do watch NFP, but compared to QE expectations, its impact is limited. Funny thing here is ECB actually lowered IR to ,75 somewhat @ start of July 2012. I aint seeing much of a bear since then . Anyway, back then, EU was in total mess, Greece, Spain, Portugal + on verge of bankrupcy and this was what made Draghi to cut. Sure, there are bad numbers coming out of Europe right now and Germany...
100% agree about it.
Economic situation was different back then.

And that's what i expect a bit, a move down to 1,29xx area to head back to the top right after..because i'm aiming at 1,3650 and above.

Time will tell on thursday, i may not trade that day....it can a be blow up account day.

Btw i've tried a short for 1,3070 and below if broken, weekly close/open are inside near 1,302x and 1,304x. There may be some interest to get there.

And H1 higher high seems to be rejected.
COT: The precious data ignored
  • #792,493
  • Apr 29, 2013 4:48am Apr 29, 2013 4:48am
Quoting math_GB
{quote} Oh
"You're solid gold, see you in hell"
  • #792,494
  • Apr 29, 2013 4:50am Apr 29, 2013 4:50am
Quoting kuroro001
{quote} Buy and sell are always good choices..as long as you know where to enter/exit
lol... no one is perfect and therefore approximation we prefer.
You cannot learn better without losing
  • #792,495
  • Apr 29, 2013 4:51am Apr 29, 2013 4:51am
Out of shorts...that crap is not moving down, so most likely new high in the process

Will probably wait for NY
COT: The precious data ignored
  • #792,496
  • Apr 29, 2013 4:52am Apr 29, 2013 4:52am
Current hourly close below 93 and especially 83 may result to retrace down to 67 and 50/57 on NEXT HOUR before another possible leg upside.

If close near 1.31, will see short covering likely and if 1.3110 aroundbouts breached will see 1.3130, 7 and 58 is possible as well.
They think they are smarter than I am.
  • #792,497
  • Apr 29, 2013 4:56am Apr 29, 2013 4:56am
Quoting kuroro001
Out of shorts...that crap is not moving down, so most likely new high in the process Will probably wait for NY
well it was a rejection of the top on the insidebar on the daily (thursday), i don't trade it, just an observation..
Patience is a virtue...
  • #792,498
  • Apr 29, 2013 5:02am Apr 29, 2013 5:02am
Quoting kuroro001
Out of shorts...that crap is not moving down, so most likely new high in the process Will probably wait for NY
Y, it is making nanobullish flag on m5 and coming to test ,30735. It may well serve as S. Me thinks ,3126 is cap of an up move. But that is very far, I see most possible top @ ,311.

edit: typo 30735
"I know one thing, that I know nothing." Sokrates
  • #792,499
  • Apr 29, 2013 5:04am Apr 29, 2013 5:04am
Quoting hadox
{quote} well it was a rejection of the top on the insidebar on the daily (thursday), i don't trade it, just an observation..
Yes just saw it.
I saw H1 rejection instead, took a couple of pips.

Looking for longs now...for new highs

I've taken a small one at 1,3080..may add near 1,3070-
COT: The precious data ignored
  • #792,500
  • Apr 29, 2013 5:07am Apr 29, 2013 5:07am
Quoting Tom_D_Trader
{quote} Y, it is making nanobullish flag on m5 and coming to test ,3045. It may well serve as S. Me thinks ,3126 is cap of an up move. But that is very far, I see most possible top @ ,311.
Your bullish flags is coming to an end at 1,3045 ?

I'd like 1,315x... been looking at it for days on the upside
And 1,292x on the downside.

None of them has been reached so far.

As it is monday anything is possible especially right before ECB decision. I'll trade the PA as it comes, without any specific level to watch today.

So give me some levels to look at

EDIT : ahh 1,30735...it's better indeed, watching here as well
COT: The precious data ignored
514 traders viewing now, 3 are registered:
PredictableV
,
Gecco8
,
F.g