EURUSD | Page 39662 | 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

  • #793,221
  • May 1, 2013 2:29am May 1, 2013 2:29am
I believe that you must have a minimum highly possible number of pips you want to bank per trade (in accordance with your Risk:Reward ratio). When you get to that number you must be willing to bank without thinking twice about it

That means if you want to make 20 pips per day... you must be willing to take your 20 pips (only more if probabilities are +95% that you will get more)
DON'T TRADE THE DIRECTION, TRADE THE MOVE
  • #793,222
  • May 1, 2013 2:33am May 1, 2013 2:33am
on 1/2h is ranging; my conclusion - quick ups and downs. No big moves.
- May Buddha bless you.
  • #793,223
  • May 1, 2013 2:35am May 1, 2013 2:35am
I took a long at 1.3169 SL 1.3153
and GBP 1.5534 SL 1.5518

with 100 pip tp's very opportuistic but Im planning on ending manualy tp just so I have one
  • #793,224
  • May 1, 2013 2:43am May 1, 2013 2:43am
Quoting Cornelis
I took a long at 1.3169 SL 1.3153 and GBP 1.5534 SL 1.5518
I doubt you will do something, although the 4h ichimoku shows a strong bull, other time frames don't. Not everything is favorable. I rather w8.

Time is money, people say but at forex w8ing is money, you don't lose.
- May Buddha bless you.
  • #793,225
  • May 1, 2013 2:45am May 1, 2013 2:45am
Quoting Cornelis
{quote} Seup for short araound that are
Wat probeer meneer hier se^?
  • #793,226
  • May 1, 2013 2:46am May 1, 2013 2:46am
Quoting bodisatva
{quote} I doubt you will do something, although the 4h ichimoku shows a strong bull, other time frames don't. Not everything is favorable. I rather w8.
Above 1,3160 bulls are favored for the top and new highs.

Waiting for a strong setup too
COT: The precious data ignored
  • #793,227
  • May 1, 2013 2:48am May 1, 2013 2:48am
The question is: will it break 3200 before ADP?
Then it will be strong bull because there are many stops above and bear favored ADP can't help
You cannot learn better without losing
  • #793,228
  • May 1, 2013 2:52am May 1, 2013 2:52am
Quoting mohan76
{quote} it's seems all in sync now
yes they are, but is not enough movement to keep interested

eu swissy cable geppy opens acting like super glue, kiwi above aussie below

brit data in 40 mins might be catalyst for some movement, anymovement be better than this, few eu holidays isnt helping, was why keen to keep eyeball on yen, so far -7pip but +11 on aussie, 4pip, 1 pip per hr, i will be gazillionaire in about 4 centuries
If you are new to Forex? Say Goodbye to your account!!
  • #793,229
  • May 1, 2013 3:00am May 1, 2013 3:00am
At this point, PA is dangerous for bulls.
Reversing candle with high vol (5mn) is never a good.

From now on, risk is on the downside...but it's slow today so towards 1,3160 first
COT: The precious data ignored
  • #793,230
  • May 1, 2013 3:02am May 1, 2013 3:02am
UK Manufacturing PMI will move the euro. Lower if it beats consesus. and its likely to beat expectations.
"You're solid gold, see you in hell"
  • #793,231
  • May 1, 2013 3:05am May 1, 2013 3:05am
Quoting SugarPink
UK Manufacturing PMI will move the euro. Lower if it beats consesus. and its likely to beat expectations.
Really doubt a UK news will move the eurusd ahead of the FOMC/ECB/NFP news.

But time will tell
COT: The precious data ignored
  • #793,232
  • May 1, 2013 3:05am May 1, 2013 3:05am
I'm waiting for a break and retracement of this 4H pennant before I get interested...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB
The trend is not your friend, it's your master.
  • #793,233
  • May 1, 2013 3:07am May 1, 2013 3:07am
Happy trading guys

Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 33 KB
  • #793,234
  • May 1, 2013 3:07am May 1, 2013 3:07am
Quoting fx_forever
There is no 'urgent' situation to cut rate. Draghi told in january there won't be any cut rate until 9 monthes. I think he has to stuck to his talk. If i was him, i would better wait for a real big problem like spain or italy to 'send a signal' to the markets. But now ? Don't risk too much in taking shorts with that: today was up despite US good news... very unusual. Maybe the market realizes that there will be no rate cut and now turns back to 'normal' situation... Anyway these spikes and reversals reveals nervous market. I stay away or at least...
This is what I've thought, cutting the rate is something Draghi will want to hold on to as long as he can before actually using it. A lot of this rate cut speculation is what it is, speculation.

The clues where there last week, Weidmann saying Germany is doing fine and Merkel saying Germany would actually benefit from a higher rate. I was long yesterday buying dips, honestly wasn't expecting such a big move but went along for the ride and bagged over 100 pips.

A lot of the down move from the 1.37 high has been driven by fear mongering over Cyprus, Italy and also rate cut speculation, there is room for a short squeeze higher. And of course there is always the potential for a fresh 'crisis', real or imagined in the euro zone to spark a down move. Best to be flexible
  • #793,235
  • May 1, 2013 3:11am May 1, 2013 3:11am
Quoting kuroro001
{quote} Really doubt a UK news will move the eurusd ahead of the FOMC/ECB/NFP news. But time will tell
It could with parts of Europe offline due to holidays. If liquidity is low and lopsided, we could see a good move. Whatever happens, I'm just hoping it's quick. It most likely will be quick due to larger news in the not too distant pipeline, of which you mentioned.
  • #793,236
  • May 1, 2013 3:12am May 1, 2013 3:12am
finally my Asian session long hit TP one of the longest scalping
Mohan
  • #793,237
  • May 1, 2013 3:14am May 1, 2013 3:14am
Quoting 2+2=4ex
{quote} It could with parts of Europe offline due to holidays. If liquidity is low and lopsided, we could see a good move. Whatever happens, I'm just hoping it's quick. It most likely will be quick due to larger news in the not too distant pipeline, of which you mentioned.
Looking for some shorts now that we are at the highs.

Yes it should be quick if there is a move.
COT: The precious data ignored
  • #793,238
  • May 1, 2013 3:21am May 1, 2013 3:21am
on 15m ADX, CCI are ok; Ichimoku on 15m almost favorable for buy, I am w8ing 4 the price line to go above 1.3184 Any thoughts on this? plz help.
- May Buddha bless you.
  • #793,239
  • May 1, 2013 3:23am May 1, 2013 3:23am
Will open new long tomorrow on the open if the ma trend sustains. 100 pip sl or the previous days low depending wich is less
Attached Image (click to enlarge)
Click to Enlarge Name: MA 01 May 2013.jpg Size: 227 KB
  • #793,240
  • May 1, 2013 3:30am May 1, 2013 3:30am
it happened. the up trend to buy so good by 4 2day
- May Buddha bless you.
3,335 traders viewing now