EURUSD | Page 41389 | 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

  • #827,761
  • Aug 21, 2013 3:39am Aug 21, 2013 3:39am
Quoting kuroro001
{quote} Anywhere can be good for longs or shorts...dépends how many pips you aim for.

thats true thou..i just like using daily at it give me a better picture ..
MY OPINION NOT FINANCIAL ADVISE
  • #827,762
  • Aug 21, 2013 3:43am Aug 21, 2013 3:43am
Quoting mohan76
{quote} its like to visit 575x before any fall but weak buyer and sells , even slightly bad data have no effect

likely....................we keep making new high on each candle but failure to close above, i know its a sign of weakness in demand but a failure to make a new high above previous bar could trigger sell .....
MY OPINION NOT FINANCIAL ADVISE
  • #827,763
  • Aug 21, 2013 3:43am Aug 21, 2013 3:43am
Quoting donfriday
{quote} thats true thou..i just like using daily at it give me a better picture ..
Indeed, the big picture can't be skipped.

What i don't like is there is still the untouched weekly open near 1,365x (from the 02 of Jan)
It's been 8 months already
COT: The precious data ignored
  • #827,764
  • Aug 21, 2013 3:58am Aug 21, 2013 3:58am
Quoting kuroro001
{quote} Indeed, the big picture can't be skipped. What i don't like is there is still the untouched weekly open near 1,365x (from the 02 of Jan) It's been 8 months already



that is one thing market always keep away from us .....i have a level of 1.283x which price broke last month without test ,,,some sell orders got rapped there ..
i dont know how long price will go back there but i think price broke this level aggressively ...how did you got 1.365x????
MY OPINION NOT FINANCIAL ADVISE
  • #827,765
  • Aug 21, 2013 3:59am Aug 21, 2013 3:59am
Price play between SL and Buy Stops areas (above .3400)..
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5_sl_area.gif Size: 13 KB
  • #827,766
  • Aug 21, 2013 4:02am Aug 21, 2013 4:02am
from my point of view, it will go up . indeed there are sign of weakness at the top but we cannot ignore the strength in the background.
  • #827,767
  • Aug 21, 2013 4:06am Aug 21, 2013 4:06am
Quoting donfriday
{quote} that is one thing market always keep away from us .....i have a level of 1.283x which price broke last month without test ,,,some sell orders got rapped there .. i dont know how long price will go back there but i think price broke this level aggressively ...how did you got 1.365x????
I have 1,285x (from a H1 candle) where it's possible for a move back down there. So i agree with your scenario, question is when, and where first.
But i'm not playing it, i'm playing with m5 for the moment.

For 1,365x..check weekly open from the 02 of january 2013.
Weekly open always have a retest, but as for everything the question is when ? I've stopped playing with weekly open/close but i keep an eye on them.
COT: The precious data ignored
  • #827,768
  • Aug 21, 2013 4:06am Aug 21, 2013 4:06am
Quoting mohan76
{quote} i have fallen sleep last night , if you shorted @ 47 book half and leave rest with s/l above 65
Ok you mean SL @3465, would you please write down for me in simple words Supply Demand Fix Confirmation as PM when you feel free Mohan
  • #827,769
  • Aug 21, 2013 4:08am Aug 21, 2013 4:08am
Hindsight yeah I hear you say but way back at beginning of July I thought could be an ABC correction and guess what. Take the A wave high and add to B wave low and you get 13448 as top of C. Perhaps that's too rudimentary
  • #827,770
  • Aug 21, 2013 4:10am Aug 21, 2013 4:10am
This is really weird.....
Supply after breaking psycho level and not enough demand!
You cannot learn better without losing
  • #827,771
  • Aug 21, 2013 4:11am Aug 21, 2013 4:11am
Quoting Dr.Zain
{quote} Ok you mean SL @3465, would you please write down for me in simple words Supply Demand Fix Confirmation as PM when you feel free Mohan
yes only if you have shorted from 3447 , your are asking very basic questions
pls start reading http://www.babypips.com/school/suppo...esistance.html
Mohan
  • #827,772
  • Aug 21, 2013 4:12am Aug 21, 2013 4:12am
Quoting mohan76
{quote} i have fallen sleep last night , if you shorted @ 47 book half and leave rest with s/l above 65
I downloaded charts of donfriday On this page above and its looking very helpful Please elaborate them for me as PM Please
  • #827,773
  • Aug 21, 2013 4:15am Aug 21, 2013 4:15am
I have strategy which has been profitable for the past 23wks, but for the past 1wk now , its has been a lossful period. A friend told me that August and September is always a dull moment in forex where market tends to be very slow. please how true is that?
  • #827,774
  • Aug 21, 2013 4:19am Aug 21, 2013 4:19am
Quoting Dr.Zain
If 4H closes below 1.33 then this break out could be a false???
Was the euro rally was False or???
  • #827,775
  • Aug 21, 2013 4:24am Aug 21, 2013 4:24am
Quoting mohan76
{quote} yes only if you have shorted from 3447 , your are asking very basic questions pls start reading http://www.babypips.com/school/suppo...esistance.html
Squish the lemins time is nearly here
  • #827,776
  • Aug 21, 2013 4:26am Aug 21, 2013 4:26am
Quoting mohan76
{quote} yes only if you have shorted from 3447 , your are asking very basic questions pls start reading http://www.babypips.com/school/suppo...esistance.html
Yes you are right I got lessons back in 2008 for a considerable time but remained out of market till 2012, now i am reviving my basic knowledge and my broker was Ava and now Ironfx, don't mind please
  • #827,777
  • Aug 21, 2013 4:30am Aug 21, 2013 4:30am
Quoting kuroro001
{quote} i have 1,285x (from a h1 candle) where it's possible for a move back down there. So i agree with your scenario, question is when, and where first. But i'm not playing it, i'm playing with m5 for the moment. For 1,365x..check weekly open from the 02 of january 2013. Weekly open always have a retest, but as for everything the question is when ? I've stopped playing with weekly open/close but i keep an eye on them.

i see ur point now..some sort of supply zone but the background look very weak both daily and weekly of last few candles....todays closing can determine another rally of 1.3515 or 3200....let wait and
MY OPINION NOT FINANCIAL ADVISE
  • #827,778
  • Aug 21, 2013 4:36am Aug 21, 2013 4:36am
IMO, supply seems weak since after getting repeatedly murdered, markets got very cautious with shorting. But regardless of the moods and just focusing on pure PA, there seems to be a lot of meat behind a pretty good 150-200pip downward move. Also, we haven't seen one in ages, so for pure health and safety reasons it would make sense as well.
  • #827,779
  • Aug 21, 2013 4:37am Aug 21, 2013 4:37am
EU H4 GMT+3

At the moment it seems the last weekly high and the daily inside bars breakout are under retesting and the resistance is becomeing support.
Shortly it is time to reload longs to finish the primary and the minor impulse 5th wave!
Lower TF bullish signals are a good opportunity to reload and to tight stop to protect the xisting longs.

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4_14.png Size: 71 KB
Anything is math!
  • #827,780
  • Aug 21, 2013 4:39am Aug 21, 2013 4:39am
Quoting dr.zain
{quote} was the euro rally was false or???

a shadow above supply with close price below it is false breakout..
a shadow below demand with close price above it a false breakout..

a shadow above demand with closing price above is a bounce
a shadow below supply with closing price below is a bounce


but in my opinion after this bounce or breakout price often retest this level if strong or weak...


i dont know it all but little could help
MY OPINION NOT FINANCIAL ADVISE
217 traders viewing now