EURUSD | Page 40618 | 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

  • #812,341
  • Jul 5, 2013 5:10am Jul 5, 2013 5:10am
Quoting John Gray
{quote} Been chanting that for a long time Kiwi.. Sure you remember it! Im focusing on 1.48-1.50 reversal point on GU. And action around 100 with UJ.. EURUSD been targeting 1.22 yeah, ever since the head of H&S was completed
yep bro, when watching daily and weekly charts, equally pa can take weeks to months to play out

as for cable once she took out mays lows, who knows where shes going to land, my daily open trades are looking insane at the moment, last 2 days bears have just smashed anything in their way

I think (and posting) that gbp and yen have been realy screwing with pa last couple of weeks, geppy barely got 26 o/o retracement on the fade (rising channel 1hr) run into 50sma and falling tl and just dropped straight through, yen data was ok but not enough for the drop, my guess gpb weakness hit at same time, I will be starting to squeeze everything going into nfp, and will watch tonigh from sideline, just have this horrible feeling tonight will be insane account killer
If you are new to Forex? Say Goodbye to your account!!
  • #812,342
  • Jul 5, 2013 5:14am Jul 5, 2013 5:14am
us bank holiday yesterday + couple hours before NFP = thinest ive ever seen


going to try catching the bottom here... risk is 6 pips


should have just bought at the lows 2869 and risked 3 pips...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdrisk5pips.png Size: 21 KB
Be hopeful in a winning position, and fearful in a losing position.
  • #812,343
  • Jul 5, 2013 5:14am Jul 5, 2013 5:14am
Quoting godim
{quote} Maybe it support? Will become clear after 5 minutes. The level is 4963. {image}
The pink is at 4955.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 94 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #812,344
  • Jul 5, 2013 5:17am Jul 5, 2013 5:17am
Quoting KiwiTrada
{quote} many many times this sentiment is exactly when opposite happens, we have been in ping pong mode since august last year equal bull equal bear This eu Daily, I think is reasonable H&S printed, and as per H&S trading, is breach of the neckline only and or retest etc So just this pattern alone is clear indication of not thinking bears are in total control, but being very very careful with trading this lady, every chance she could bounce really hard for at least a month or two, but equal chance she could smash the neckline and continue her vertical...
-excellent catch of head and shoulders pattern. Newbies should observe. wait for the break oh, 5 min after NFP, will tell you where Euro is going for a long time. My long term guess is less than 1.2 by the end of the year. So I stay out on long signals and jump in on short. Let's catch on to the banks and make some real money.
  • #812,345
  • Jul 5, 2013 5:18am Jul 5, 2013 5:18am
Quoting KiwiTrada
{quote} yep bro, when watching daily and weekly charts, equally pa can take weeks to months to play out as for cable once she took out mays lows, who knows where shes going to land, my daily open trades are looking insane at the moment, last 2 days bears have just smashed anything in their way I think (and posting) that gbp and yen have been realy screwing with pa last couple of weeks, geppy barely got 26 o/o retracement on the fade (rising channel 1hr) run into 50sma and falling tl and just dropped straight through, yen data was ok but not enough...
1.492x might be the last chance for the bulls.. but nfp is always a bitch..
Patience is a virtue...
  • #812,346
  • Jul 5, 2013 5:18am Jul 5, 2013 5:18am
Quoting KiwiTrada
{quote} yep bro, when watching daily and weekly charts, equally pa can take weeks to months to play out as for cable once she took out mays lows, who knows where shes going to land, my daily open trades are looking insane at the moment, last 2 days bears have just smashed anything in their way I think (and posting) that gbp and yen have been realy screwing with pa last couple of weeks, geppy barely got 26 o/o retracement on the fade (rising channel 1hr) run into 50sma and falling tl and just dropped straight through, yen data was ok but not enough...
Nice work.

My NZD/USD trades all gone well. Closed my longs for now, pendings down way lower, will look at re-entry on Monday if and only if market is below where it is now.

Basically I bought every dip below 77.5, didn't make much, but I made something!

Yen playing very strange...

Aussie is quite the pair at the moment. Nice bounce off 90.3 I believe. Not the end really though. But treating it as a reversal until proven otherwise with a break of 90.
Even the worst trade can close with profit. Just give it time.
  • #812,347
  • Jul 5, 2013 5:19am Jul 5, 2013 5:19am
Quoting godim
{quote} The pink is at 4955. {image}

Hi Godim,


what is your longer term target of GU, if I may ask?


For me, it is on the way to parity. First bigger bump eventually in the 1.30 region
  • #812,348
  • Jul 5, 2013 5:20am Jul 5, 2013 5:20am
Quoting Rap Skallion
{quote} -excellent catch of head and shoulders pattern. Newbies should observe. wait for the break oh, 5 min after NFP, will tell you where Euro is going for a long time. My long term guess is less than 1.2 by the end of the year. So I stay out on long signals and jump in on short. Let's catch on to the banks and make some real money.

Yeah, I've been saying 1.20 for months. Anywhere from 1.20-1.25 really. But man.. after that it looks like 1.35 again.

1.20 wont break, and neither will 1.40 for GU in my opinion.
Even the worst trade can close with profit. Just give it time.
  • #812,349
  • Jul 5, 2013 5:20am Jul 5, 2013 5:20am
Quoting FXMastermind
Lol, looks like not much changed around here...Still plenty of noobies in this thread, but good to see some good old names still lurking around, Gator, Attila, Kiwi etc. Btw what happened to RUT, seems pretty dead lately? Where is Jawn, Ken... Fairly flat till NFP so nothing to comment on until results come out. ...I may manage a bit of bragging till then, I hit a record quarter this year and hereīs the 2013 equity in percentage (amount of money is obviously not anyones business, you surely understand ) - which bank will give you that? X = amount...
insanely great performance! congrats to you
Be hopeful in a winning position, and fearful in a losing position.
  • #812,350
  • Jul 5, 2013 5:26am Jul 5, 2013 5:26am
Quoting FXMastermind
Lol, looks like not much changed around here...Still plenty of noobies in this thread, but good to see some good old names still lurking around, Gator, Attila, Kiwi etc. Btw what happened to RUT, seems pretty dead lately? Where is Jawn, Ken... Fairly flat till NFP so nothing to comment on until results come out. ...I may manage a bit of bragging till then, I hit a record quarter this year and hereīs the 2013 equity in percentage (amount of money is obviously not anyones business, you surely understand ) - which bank will give you that? X = amount...
Beautiful performance!
69
  • #812,351
  • Jul 5, 2013 5:27am Jul 5, 2013 5:27am
Quoting Rag2RichesFX
{quote} insanely great performance! congrats to you
Thanks mate, appreciated...I must admit it was rather an easy trading so far this year as CB/currency war is raging on and underlying fundamentals are not that hard to read. Stocks (make admittedly much larger portion of my trading these days) also behaved nicely.

However, letīs get to business. Lots of good pics around (Kiwi...) so I wonīt bother.

Levels to watch:

Major upside - 1.3000-5 area
Major downside - 1.2820 area

Other notable levels along the way: .2947, .2874/5

Make sure to watch SP for guidance on risk on/off trend. This is all about FED and tapering today so donīt pay attention only to NFP change figure, unemployment level is of the same importance, if not more important.

Generally, 7.5 and lower + better than expected result is USD bullish in my view but I will trade what I see.

Other pairs of interest: USD/JPY (generally Yen crosses are great, EUR/JPY or geppy), AUD/USD, EUR/AUD
Quant Hedge Fund CEO
  • #812,352
  • Jul 5, 2013 5:27am Jul 5, 2013 5:27am
Quoting gajebo
{quote} Wow... What's up with your chart? Really make my eye hurts... Anyway, I see so many briliant analysis in this tread but why they still say 95% of trader is losing money? Really makes me wonder... Anyway, by the way, this is some chart from me... {image}
The chart is gbp/usd
If there is a breakthrough.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 62 KB

And show something. From yellow to yellow.
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #812,353
  • Jul 5, 2013 5:29am Jul 5, 2013 5:29am
Quoting gajebo
{quote} Wow... What's up with your chart? Really make my eye hurts... Anyway, I see so many briliant analysis in this tread but why they still say 95% of trader is losing money? Really makes me wonder... Anyway, by the way, this is some chart from me... {image}
not even close to 95% lose, just a lot of losers will say that to make themselves feel better.

just check the profitable accounts for any broker.. most between 20-30%.. some as high as 50 or 60% profitable accounts


talking retail brokers of course
Be hopeful in a winning position, and fearful in a losing position.
  • #812,354
  • Jul 5, 2013 5:36am Jul 5, 2013 5:36am
Quoting gajebo
{quote} Wow... What's up with your chart? Really make my eye hurts... Anyway, I see so many briliant analysis in this tread but why they still say 95% of trader is losing money? Really makes me wonder... Anyway, by the way, this is some chart from me... {image}
Easy. Cause success in trading is much less about charting and analysis as it is about psychology and money management. Yep.

Thatīs where most traders bleed.
Quant Hedge Fund CEO
  • #812,355
  • Jul 5, 2013 5:43am Jul 5, 2013 5:43am
Quoting FXMastermind
{quote} Thanks mate, appreciated...I must admit it was rather an easy trading so far this year as CB/currency war is raging on and underlying fundamentals are not that hard to read. Stocks (make admittedly much larger portion of my trading these days) also behaved nicely. However, letīs get to business. Lots of good pics around (Kiwi...) so I wonīt bother. Levels to watch: Major upside - 1.3000-5 area Major downside - 1.2820 area Other notable levels along the way: .2947, .2874/5 Make sure to watch SP for guidance on risk on/off trend. This is all...
all i really trade is UJ and EU.. well Aussie too especially lately


you are right about the fundamentals being easy to read..

the amount of no brainer yen shorts i missed out on this year... frustrating

there will be another big one though after yen corrects again, and i wont miss it!
Be hopeful in a winning position, and fearful in a losing position.
  • #812,356
  • Jul 5, 2013 5:44am Jul 5, 2013 5:44am
Quoting John Gray
{quote} Nice work. My NZD/USD trades all gone well. Closed my longs for now, pendings down way lower, will look at re-entry on Monday if and only if market is below where it is now. Basically I bought every dip below 77.5, didn't make much, but I made something! Yen playing very strange... Aussie is quite the pair at the moment. Nice bounce off 90.3 I believe. Not the end really though. But treating it as a reversal until proven otherwise with a break of 90.

yes both kiwi and aussie been contrarian to geppy, and geppy just hit some pretty good support, got there way quicker than expected, and kiwi and aussie approaching resist, so my guess they all going to bobble around here for awhile bit of a frenzy for nfp, then when dust settle some more bobbling maybe most of next week, good for scalpers I am looking to close out everything leaving the barest of skeleton runners till mid next week

like my last post, pa on all my prs are at or approaching battle zones so nfp if anything might clear the table and give us a clue for the rest of this month direction
im not trading, but my guess for nfp will be geppy will drop like a rock, aussie and kiwi will break north eu will attack the daily neckline and if breaches will drop like a rock sending swissy to the moon, of course this will all start with the obligatory fake spike then a reversal for the true direction, just enough to take out weak players in both direction 50o/o retracement then continuation
bb for nfp need take a break
If you are new to Forex? Say Goodbye to your account!!
  • #812,357
  • Jul 5, 2013 5:44am Jul 5, 2013 5:44am
Quoting Rag2RichesFX
{quote} all i really trade is UJ and EU.. well Aussie too especially lately you are right about the fundamentals being easy to read.. the amount of no brainer yen shorts i missed out on this year... there will be another big one though after yen corrects again, and i wont miss it!
Haha 110?

Im wondering if we will get 94 again or 90..
Even the worst trade can close with profit. Just give it time.
  • #812,358
  • Jul 5, 2013 5:48am Jul 5, 2013 5:48am
Quoting KiwiTrada
{quote} yes both kiwi and aussie been contrarian to geppy, and geppy just hit some pretty good support, got there way quicker than expected, and kiwi and aussie approaching resist, so my guess they all going to bobble around here for awhile bit of a frenzy for nfp, then when dust settle some more bobbling maybe most of next week, good for scalpers I am looking to close out everything leaving the barest of skeleton runners till mid next week like my last post, pa on all my prs are at or approaching battle zones so nfp if anything might clear the...
Yes.. love the 50 pip spikes in 5 seconds..

I dont understand your logic, suggesting GU and EU will drop while NZD/USD and AU will rise?? It's a USD news event so the 3 should correlate, next hour just noise really..

Totally understand your point if the cross pairs stay flat though, I guess it's all a timing thing at the end of the day to determine next move
Even the worst trade can close with profit. Just give it time.
  • #812,359
  • Jul 5, 2013 5:53am Jul 5, 2013 5:53am
Quoting infinitus
{quote} Hi Godim, what is your longer term target of GU, if I may ask? For me, it is on the way to parity. First bigger bump eventually in the 1.30 region
I have no such analysis. Working with small steps. In simple assertions along the lines of IF ... THEN ... ELSE ...
In the particular case.
IF there is a breakthrough, THEN "from yellow to yellow." ELSE up for resistance to yellow on 5011.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 96 KB
"You have to BE before you can DO, and DO before you can HAVE." Zig Ziglar
  • #812,360
  • Jul 5, 2013 5:54am Jul 5, 2013 5:54am
NFP: Please be delightful and try to keep ur trousers on, this is ur favorite worst nightmare
382 traders viewing now, 1 is registered:
macd12