EURUSD | Page 39749 | 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

  • #794,961
  • May 6, 2013 7:56am May 6, 2013 7:56am
Quoting RussJ
Tom, what do you mean 1,4????
Guess twice. a) 1,4 b) 1,4.
"I know one thing, that I know nothing." Sokrates
  • #794,962
  • May 6, 2013 7:58am May 6, 2013 7:58am
Quoting kuroro001
Brave fellow traders buying now ? RR is horrible and PA not ready...i'll stay short.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #794,963
  • May 6, 2013 8:00am May 6, 2013 8:00am
Quoting kuroro001
{quote} Wait for the PA to turn up. Check m5....lower lower, lower closes...all red. And you are asking for "just" a tp of 1,3110 ...Which is almost 60 pips away. 1,307x-1,308x formed resistance. I'll keep selling rallies...But it's only me, and i like being wrong
Well I am saying "just" because you might remember the NFP scenario last week! If that strong data did not hold this shit at 1.308 then I don't think this Draghi comment will do.
For me this drop was purely Draghi comment as there was nothing other big news came which will make this shit to drop almost 40 pips in 2 mins.

I am maybe wrong but let's see what happens. Time will tell. And when such events are there I usually don't use 5mn charts as they can burn cash because the spikes we see there can make us fool!
  • #794,964
  • May 6, 2013 8:01am May 6, 2013 8:01am
Better be long than be a short heading for a squeeze
"You're solid gold, see you in hell"
  • #794,965
  • May 6, 2013 8:06am May 6, 2013 8:06am
Attached Image
New voice message: Why are you calling me? If I need you, I'll call you!
  • #794,966
  • May 6, 2013 8:08am May 6, 2013 8:08am
Well - I'll go for a long this time at 1.3058
  • #794,967
  • May 6, 2013 8:08am May 6, 2013 8:08am
Quoting SugarPink
Better be long than be a short heading for a squeeze
last that were squeezed were shorts, on Friday.. There are more chances this is the real move..
  • #794,968
  • May 6, 2013 8:08am May 6, 2013 8:08am
Quoting KillerWhale
{image}
I would like to see the same for last weeks events!

1. after Draghi speech
2. After NFP storm

If possible please share! And please don't misunderstood me. I may be completely wrong but this same trapped me last week. That short I just closed which I carried over weekend. So for me EUR is strong to bounce back to 1.31
  • #794,969
  • May 6, 2013 8:10am May 6, 2013 8:10am
Closed longs at a loss here. Was expecting some more squeezing action but today's drop has turned the picture decidedly bearish. I'll be selling rallies either directly or by selling calls. Yes, retail is heavily short EURUSD (it would appear) but the chart is what the chart is; and it doesn't look particularly enticing for longs.

Still short AUDUSD and AUDJPY (which is a more speculative position).
I have no clue what I'm talking about.
  • #794,970
  • May 6, 2013 8:10am May 6, 2013 8:10am
Quoting demoreal
Well - I'll go for a long this time at 1.3058
stop?
  • #794,971
  • May 6, 2013 8:12am May 6, 2013 8:12am
Quoting attila
{quote} last that were squeezed were shorts, on Friday.. There are more chances this is the real move..
I don't belive it yet. shorts must be squeezed first before going down
"You're solid gold, see you in hell"
  • #794,972
  • May 6, 2013 8:13am May 6, 2013 8:13am
Quoting Boy Wonder
Closed longs at a loss here.
And now you are surprised?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #794,973
  • May 6, 2013 8:13am May 6, 2013 8:13am
Bought 56 heavily
  • #794,974
  • May 6, 2013 8:13am May 6, 2013 8:13am
Quoting namitak007
{quote} I would like to see the same for last weeks events! 1. after Draghi speech 2. After NFP storm If possible please share! And please don't misunderstood me. I may be completely wrong but this same trapped me last week. That short I just closed which I carried over weekend. So for me EUR is strong to bounce back to 1.31
What the PA tells you ? Or your indicators, or your system

Forget about Draghi, forget about NFP.
They are just there to get you out of the market.

I'll wait to see if price goes back to 1,307x-1,308x and short if PA is okay with it
COT: The precious data ignored
  • #794,975
  • May 6, 2013 8:13am May 6, 2013 8:13am
Quoting Mahfooz
{quote} stop?
I do use stops Mahfooz and would recomend them to anybody who is serious about trading, but I don't feel like posting them here (nor the targets)
  • #794,976
  • May 6, 2013 8:17am May 6, 2013 8:17am
pure psychology this trade .... for me
  • #794,977
  • May 6, 2013 8:17am May 6, 2013 8:17am
Took half off.. Gotta run.
  • #794,978
  • May 6, 2013 8:18am May 6, 2013 8:18am
Quoting SugarPink
{quote} I don't belive it yet. shorts must be squeezed first before going down
You know the market can remain irrationnal longer than you can remain solvent...so better be careful longing it until the so called squeeze is done.

Because the squeeze can happen the other way before going up again.
COT: The precious data ignored
  • #794,979
  • May 6, 2013 8:19am May 6, 2013 8:19am
Quoting KillerWhale
{quote} And now you are surprised?
What do you mean by this question?
I have no clue what I'm talking about.
  • #794,980
  • May 6, 2013 8:19am May 6, 2013 8:19am
Starting to look bullish on tick charts.
511 traders viewing now