EurAnalysis | Page 3436 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #68,701
  • Aug 6, 2013 4:56am Aug 6, 2013 4:56am
this thing is going to 3400+
Any prices quoted are futures
  • #68,702
  • Aug 6, 2013 4:58am Aug 6, 2013 4:58am
Quoting Likerty
{quote} Mid at 98,80's happened to appear not by chance On hourly charts it just completed three consecutive LL's - which means that probably its time for higher bounce and 98,80's would be a perfect place for it.. I just figured we talkigng about different mids.. 97,60 will get broken on next approach, especially if it gets a chance to re-load higher
USD/JPY EW Count for monthly and weekly

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpymonthly.png Size: 122 KB

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyweekly.png Size: 115 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #68,703
  • Aug 6, 2013 6:06am Aug 6, 2013 6:06am
Quoting redteamgo
this thing is going to 3400+
Not yet - an hour ago € put in an intra day high @ 3295 in a red 5m shooting star with the day's highest volume. This coincided with a higher low in the Swissy in a high volumed 5m hammer

As I was out, my € sell was a bit late at 3284, so SL at +1 and I hope it will drop into the US Open.....TWT
Trading Levels with WRBs
  • #68,704
  • Aug 6, 2013 6:34am Aug 6, 2013 6:34am
Quoting PipTrapper
{quote} It's a woman thing


very good ... was not waiting to be simple.

excuse the joke but yesterday needed ..
  • #68,705
  • Aug 6, 2013 6:39am Aug 6, 2013 6:39am
Quoting Islander
{quote} Not yet - an hour ago € put in an intra day high @ 3295 in a red 5m shooting star with the day's highest volume. This coincided with a higher low in the Swissy in a high volumed 5m hammer As I was out, my € sell was a bit late at 3284, so SL at +1 and I hope it will drop into the US Open.....TWT
never can tell for sure til it happens.

i'm long 3 at 3270 avg (73,70,67). i'm not exactly seeing a ton of buying pressure but that doesnt mean anything just yet. another failure to break at least 80-85 will be my exit. my focus is just day trading unless i get a large buffer on a developing trend.
Any prices quoted are futures
  • #68,706
  • Aug 6, 2013 6:44am Aug 6, 2013 6:44am
Quoting redteamgo
{quote} never can tell for sure til it happens. i'm long 3 at 3270 avg (73,70,67). i'm not exactly seeing a ton of buying pressure but that doesnt mean anything just yet. another failure to break at least 80-85 will be my exit
Agreed - just go with what's on offer, so when the earlier highs ~the DP level held I banked and will now wait to see what the Trade Balance data brings
Trading Levels with WRBs
  • #68,707
  • Aug 6, 2013 6:45am Aug 6, 2013 6:45am
Quoting Islander
{quote} Agreed - just go with what's on offer, so when the earlier highs ~the DP level held I banked and will now wait to see what the Trade Balance data brings
my second favorite saying... can't go broke taking profit

my view of overnight and current leg is that the fade was just a retest of an exposed breakout. these are low risk continuation entry points in my book.
Any prices quoted are futures
  • #68,708
  • Aug 6, 2013 7:01am Aug 6, 2013 7:01am
out @ 3276. short 1 at same level

make that 2... fade incoming.

edit2: lol, if I got faked out, i think thatll do it for today.
Any prices quoted are futures
  • #68,709
  • Aug 6, 2013 7:38am Aug 6, 2013 7:38am
its funny to watch EU making another leg up on every USD-bullish news
..and making another leg up whenever somebody mentions word "tapering"

3320's may stop it, but I wouldnt bet my money on it. STill targeting 3360's and 3430/80's later
69
  • #68,710
  • Aug 6, 2013 8:28am Aug 6, 2013 8:28am
Aye. First impression was right. Going to 3400. So gave back 2/3s of yesterday.
Any prices quoted are futures
  • #68,711
  • Aug 6, 2013 8:48am Aug 6, 2013 8:48am
Quoting Likerty
its funny to watch EU making another leg up on every USD-bullish news ..and making another leg up whenever somebody mentions word "tapering" 3320's may stop it, but I wouldnt bet my money on it. STill targeting 3360's and 3430/80's later
Well in all fairness, the EUR made another leg up on the heels of EUR bullish (Actually German bullish) news... not USD bullish news

Attached Image (click to enlarge)
Click to Enlarge Name: Forex Factory.png Size: 22 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #68,712
  • Aug 6, 2013 8:54am Aug 6, 2013 8:54am
Equities (specifically the DOW) don't seem to like the fact that the US trade gap is narrowing.
Why? I wonder.
Well, quite simply it is because if the US is exporting more and/or importing less, then that is a good sign that the local economy is strengthening.
So, if this trend continues, the USD may be set for a comeback.
Let's see how the day closes.

I still expect the EUR to make one more push higher though.. Maybe not today, but should be before the week is out.
Those who say it cannot be done should not interrupt those who are doing it
  • #68,713
  • Aug 6, 2013 9:10am Aug 6, 2013 9:10am
I don't know where these 900 consumers are from, but I'm guessing "Detroit"

Attached Image (click to enlarge)
Click to Enlarge Name: Forex Factory.png Size: 56 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #68,714
  • Aug 6, 2013 10:10am Aug 6, 2013 10:10am
Yes I have to agree. I heard on a radio talk show the other day the consumers who had the most confidence in the economy where minorities.
When I Buy Price Short, When I Sell Price Goes Long.
  • #68,715
  • Aug 6, 2013 10:12am Aug 6, 2013 10:12am
Quoting PipTrapper
Equities (specifically the DOW) don't seem to like the fact that the US trade gap is narrowing. Why? I wonder. Well, quite simply it is because if the US is exporting more and/or importing less, then that is a good sign that the local economy is strengthening. So, if this trend continues, the USD may be set for a comeback. Let's see how the day closes. I still expect the EUR to make one more push higher though.. Maybe not today, but should be before the week is out.
I wouldn't put it past this government if these numbers were fudged also, just like employment numbers.
When I Buy Price Short, When I Sell Price Goes Long.
  • #68,716
  • Aug 6, 2013 10:52am Aug 6, 2013 10:52am
Quoting PipTrapper
I don't know where these 900 consumers are from, but I'm guessing "Detroit" {image}
couldn't they find the remaining 99?....
Trading Levels with WRBs
  • #68,717
  • Aug 6, 2013 11:34am Aug 6, 2013 11:34am
Quoting Islander
{quote} couldn't they find the remaining 99?....
They must have been the ones conducting the survey
Those who say it cannot be done should not interrupt those who are doing it
  • #68,718
  • Aug 6, 2013 12:12pm Aug 6, 2013 12:12pm
Fed's Evans: Taper 'quite likely' this year

http://www.marketwatch.com/story/fed...3-08-06-139106
Those who say it cannot be done should not interrupt those who are doing it
  • #68,719
  • Aug 6, 2013 12:28pm Aug 6, 2013 12:28pm
I didn't know Detroit had 900 consumers
When I Buy Price Short, When I Sell Price Goes Long.
  • #68,720
  • Aug 6, 2013 12:47pm Aug 6, 2013 12:47pm
I know I'm going to kick myself. I just put you on my twitter to follow you and you state, "tear my EW counts" please explain to this Country Boy.
When I Buy Price Short, When I Sell Price Goes Long.
192 traders viewing now