EURUSD | Page 39985 | 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

  • #799,681
  • May 21, 2013 10:47am May 21, 2013 10:47am
Quoting kuroro001
{quote} I had my finger on the buy button, but haven't touched it....i wanted the best entry price. That's life
yeah but how cool was that.
I also didnt bought, since I already spend all the money at other prices
"You're solid gold, see you in hell"
  • #799,682
  • May 21, 2013 10:51am May 21, 2013 10:51am
may be not a EUR strenght but some kind of profit taking in USDJPY where EURJPY stay rather constant
Never give up!!
  • #799,683
  • May 21, 2013 10:51am May 21, 2013 10:51am
Quoting maximinus
{quote} shorted at 2914.
where is weakness ? we made a hh 2 days in a row after e-close
those who can, do. those who cant, talk about those who can
  • #799,684
  • May 21, 2013 10:52am May 21, 2013 10:52am
Quoting calinux
Hei guys, I'm beginner in forex trading and currently I have a short position on EUR/USD from Friday at 1.2820 when I thought it will go to 1.2780.... What should I do? Should I close it and take the loss or keep waiting for and eventual 1.28 breakthrough?
It depends if you can ride it out. If you are over positioned, the forces of the market will make that decision for you. If you did not anticipate this jump, well perhaps you should go to demo account for a while yet I never learned from past mistakes unless I had my own money on the line. It's had a 9-10 day bear run and is starting to show signs of a turnaround but even if that is the case, it usually waffles for a few days. If you can ride it out even if it goes to 1.295x I would.

That being said, I'm still shorting. To take the emotions out of it, they are all pending orders. Two more to go!
Taigen Profit This Month: na
  • #799,685
  • May 21, 2013 10:53am May 21, 2013 10:53am
Quoting Goodvalley
{quote} Do you reckon max. at .3097? I mean wow, it seems to be holding. No chances of an uptrend?
3097 is what bears and bulls want in a normal bearish trend, before 2663.. (not every time, just most times)
those who can, do. those who cant, talk about those who can
  • #799,686
  • May 21, 2013 10:55am May 21, 2013 10:55am
I am deviating from my play and move the stop to 2857.
  • #799,687
  • May 21, 2013 10:56am May 21, 2013 10:56am
Quoting gatorinla
{quote} where is weakness ? we made a hh 2 days in a row after e-close
He may 20 pips out of it once another batch of sellers appear.
COT: The precious data ignored
  • #799,688
  • May 21, 2013 10:56am May 21, 2013 10:56am
it is so funny, the buyers came in and some people act like there is big shift in the market, see it as an opportunity to enter higher, and wait for the Ben to see where this thing will actualy go for the next Q, most of all take it easy.
swing it!
  • #799,689
  • May 21, 2013 10:56am May 21, 2013 10:56am
Quoting gatorinla
{quote} where is weakness ? we made a hh 2 days in a row after e-close
I reckon that I should have waited at least the hourly close. But I'm in front of the screen, ready to exit.
Don't be smart. Be rich.
  • #799,690
  • May 21, 2013 10:57am May 21, 2013 10:57am
Quoting SugarPink
{quote} I think you were also "feeling" it
Ditch the "feel", follow the structure, SP..... No offense, it's of course great that you have deep pockets and are able to hold deep in the red based on "feel" or personal expectations... but in my view, that's not trading, it's more like gambling really - you've got nothing solid behind the "feel"...

Just by looking at the market a little bit, you surely must realize that this is a technical multiday bounce. 7 out of 10, these kind of grinding bottoms with slow deliberate turns don't hold water for long - and will be violated upon further downside continuation soon enough, as the larger trend goes on. True bottoms are made in a very violent fashion most cases, eg the April's low. There yet to be made for this trend - way more likely than not.

The other 3 times it indeed reverses the daily/weekly trend, for whatever reasons/catalysts - but I prefer to follow the odds as the market dictates it.. to each their own, I suppose. Good luck.
Patience, persistence and probabilities.
  • #799,691
  • May 21, 2013 11:01am May 21, 2013 11:01am
Quoting tomspin
it is so funny, the buyers came in and some people act like there is big shift in the market, see it as an opportunity to enter higher, and wait for the Ben to see where this thing will actualy go for the next Q, most of all take it easy.

COT: The precious data ignored
  • #799,692
  • May 21, 2013 11:01am May 21, 2013 11:01am
EU might pause for the next hour for wave 4...
  • #799,693
  • May 21, 2013 11:02am May 21, 2013 11:02am
Quoting kuroro001
{quote} He may 20 pips out of it once another batch of sellers appear.
its all possible. i posted retrace levels .. 2871 is normal in the st... and 2862 later.
those who can, do. those who cant, talk about those who can
  • #799,694
  • May 21, 2013 11:03am May 21, 2013 11:03am
Looking for ABC waves on 5min chart then UP ffor another 5 waves.
  • #799,695
  • May 21, 2013 11:04am May 21, 2013 11:04am
I take this move as suspicious, so I'll go do something else until it settles..


Attached Image (click to enlarge)
Click to Enlarge Name: euh4.png Size: 150 KB
  • #799,696
  • May 21, 2013 11:04am May 21, 2013 11:04am
Quoting tomspin
it is so funny, the buyers came in and some people act like there is big shift in the market, see it as an opportunity to enter higher, and wait for the Ben to see where this thing will actualy go for the next Q, most of all take it easy.
some of us dont care about ben,, some trade charts and pa of what happens most times. if you trade ben.. how do you trade the rest of the time?
those who can, do. those who cant, talk about those who can
  • #799,697
  • May 21, 2013 11:07am May 21, 2013 11:07am
Quoting gatorinla
{quote} its all possible. i posted retrace levels .. 2871 is normal in the st... and 2862 later.
I've got them both as well.

But 1,2862 is a stronger place.
COT: The precious data ignored
  • #799,698
  • May 21, 2013 11:12am May 21, 2013 11:12am
just don't hop on, if not done already. 2929 can be an asshole at times. wait for a pb.
  • #799,699
  • May 21, 2013 11:19am May 21, 2013 11:19am
Looks to be forming a running flat, look for 5 waves down now.
  • #799,700
  • May 21, 2013 11:21am May 21, 2013 11:21am
Looking to enter long if PA gets below .2900
3,186 traders viewing now