EURUSD | Page 41450 | 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

  • #828,981
  • Aug 25, 2013 6:03am Aug 25, 2013 6:03am
for eur/usd I think will go to around 1.3500 next two days
  • #828,982
  • Aug 25, 2013 6:23am Aug 25, 2013 6:23am
I actually have bearish divergence on my daily chart. However I'm thinking that there may be some consolidation before 1 last push on this bullish run before the bears take over. By my reckoning all trends are up and it may take some heafty news to turn it to the downside. ....I want an avatar .
As the lights go by so too do the shadows move
  • #828,983
  • Aug 25, 2013 6:57am Aug 25, 2013 6:57am
Quoting KillerWhale
{quote} Really don't you see the bearish divergence on your own MACD?
its a pull back not divergence. next bars going to be much higher then the previous one.
  • #828,984
  • Aug 25, 2013 7:13am Aug 25, 2013 7:13am
Quoting sirji
{quote} price above cloud rsi above40 what does it mean bullish {image}

why do you trust lagging indicator..even i will trust indicator just 1 will do me fine. on ur chart u have ichimoku, moving average. macd rsi adx...they are both saying different thing = confusion..
MY OPINION NOT FINANCIAL ADVISE
  • #828,985
  • Aug 25, 2013 7:26am Aug 25, 2013 7:26am
For those that are fans of looking at historical price action patterns, The EUR is doing almost exactly what it did 110 days ago, however this time in reverse (hence USDEUR is shown vs EURUSD), stochastics are very similar as price is losing momentum and there is a strong bearish divergence. Seems to me like bulls are running out of steam
Attached Image (click to enlarge)
Click to Enlarge Name: usdeur vs eurusd.png Size: 57 KB
  • #828,986
  • Aug 25, 2013 7:31am Aug 25, 2013 7:31am
also, when looking at RSI it is showing a very similar pattern too.
Attached Image (click to enlarge)
Click to Enlarge Name: with RSI.png Size: 72 KB
  • #828,987
  • Aug 25, 2013 7:37am Aug 25, 2013 7:37am
here is my reading my daily chart is not showing supply yet, market is in demand but its a very weak demand , price locked up in small range ..supply as shifted to 3450 and demand likely to shift to 3320 but its not confirmed yet...i am watching for a close outside of this small range for price action direction....
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 64 KB
MY OPINION NOT FINANCIAL ADVISE
  • #828,988
  • Aug 25, 2013 7:43am Aug 25, 2013 7:43am
Quoting infinitus
{quote} make the blind see the deaf hear the lame walk
How can the blind make the blind see,the deaf make the deaf hear the lame make the lame walk.that's sad the blind don't know he is blind.....
A chart helps those who can read it.
  • #828,989
  • Aug 25, 2013 8:15am Aug 25, 2013 8:15am
Quoting sirji
{quote} its a pull back not divergence. next bars going to be much higher then the previous one.
Can you explain this? It's clear divergence.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #828,990
  • Aug 25, 2013 8:18am Aug 25, 2013 8:18am
Quoting Matts Micro
{quote} Hi, thnks. But I can't even get to choose picture when i click on link -absolutely nothing happens. I'm on IE7 the only 1 I have at the moment not gona instal another just so I can upload an avatar. FF should seriously accomodate for IE7? Ah well its just for fun anyway. I'v reported bug not sure if they will respond.
I only use ie to open thomsonone as it require ie. Sorry if it's IE, I as blind as you are.

Since many are talking about divergence and what I saw is divergence relative to oscilators. I would like to point out the nature of oscilators itself which taking measurement on how fast price moves, in case many of us forgot.

Considering how slow it was on Friday, with weak supply and demand, IMHO divergence we saw would be short lived. It wouldnt be as much as many of us expect. I also considering the test of supply below 1.3335 which I mentioned in my previous post somewhere in this thread as a condition for the price to move further north, while actually happened near market closing somehow incomplete.

My conclusion here is:
1. We still in bullish trend.
2. We need another test of suplly to go north and make new high.
3. We still stuck in the Friday range.
4. Monday would be slow if nothing big happened.

All of this are just my thought, I might be wrong.
  • #828,991
  • Aug 25, 2013 8:19am Aug 25, 2013 8:19am
Quoting geniusztc
{quote} How can the blind make the blind see,the deaf make the deaf hear the lame make the lame walk.that's sad the blind don't know he is blind.....
It's clear to me just like the saying.
​
Per aspera ad astra
  • #828,992
  • Aug 25, 2013 8:20am Aug 25, 2013 8:20am
Post deleted.

Use edit button, showed as new post.


Sorry, bug on android browser.
  • #828,993
  • Aug 25, 2013 8:24am Aug 25, 2013 8:24am
odd that the EUR is up year to date when we consider the STIR curves, pretty astoundingly bullish USD.

*There is a key on the chart and that should explain the various curves
Attached Image (click to enlarge)
Click to Enlarge Name: EUR vs STIRS.png Size: 63 KB
  • #828,994
  • Aug 25, 2013 8:40am Aug 25, 2013 8:40am
Quoting Ken A
{quote} So where's the culprit
?
  • #828,995
  • Aug 25, 2013 8:40am Aug 25, 2013 8:40am
Quoting donfriday
here is my reading my daily chart is not showing supply yet, market is in demand but its a very weak demand , price locked up in small range ..supply as shifted to 3450 and demand likely to shift to 3320 but its not confirmed yet...i am watching for a close outside of this small range for price action direction.... {image}
...nice chart tx, but the real question is what trikes banks want to play to take our money !?
  • #828,996
  • Aug 25, 2013 8:44am Aug 25, 2013 8:44am
Quoting Ken A
{quote} Why USD and EUR are bullish
no, its odd that the EUR is up this year, yet the STIR curves suggest the USD should be up a lot against the EUR...
  • #828,997
  • Aug 25, 2013 8:47am Aug 25, 2013 8:47am
Quoting cdndollar
{quote} Hey kid, looks like you're holding underwater shorts.. you trading with any bail-out stops? btw, did you turn your 2k into 350k with this and those indicators in you last 2 posts as part of your analytic tools?
I've no positions in EURUSD... so yeah...

the STIR curves should be a part of any traders tool (never met a trader who doesn't look at them), the first one was just a bit of fun.
  • #828,998
  • Aug 25, 2013 8:47am Aug 25, 2013 8:47am
Quoting Passerby
{quote} I only use ie to open thomsonone as it require ie. Sorry if it's IE, I as blind as you are. Since many are talking about divergence and what I saw is divergence relative to oscilators. I would like to point out the nature of oscilators itself which taking measurement on how fast price moves, in case many of us forgot. Considering how slow it was on Friday, with weak supply and demand, IMHO divergence we saw would be short lived. It wouldnt be as much as many of us expect. I also considering the test of supply below 1.3335 which I mentioned...
Its holiday on Monday in the UK so could be another slow day...
  • #828,999
  • Aug 25, 2013 8:51am Aug 25, 2013 8:51am
And your English level JeremyWS, is very very good for a 17 year old. I mean the words you use, not many 17 yrs old would normally use.

Anyway....
  • #829,000
  • Aug 25, 2013 8:54am Aug 25, 2013 8:54am
Quoting miguel.n
{quote} ...nice chart tx, but the real question is what trikes banks want to play to take our money !?

bank is not taking ur money...the money you lose goes to others that won..if you win that mean u are taking money of those that lose.....
if you play a casino does not mean ur money is going to the owner of the casino,,ur money is going to the player that won the match.....



the book i read about supply and demand made it clear to me that, supply may increase if demand decrease or supply decrease if demand increase if only someone is willing to take the risk...something need to give up....all we need is to look at history of where most action took place and pull a trigger....
MY OPINION NOT FINANCIAL ADVISE
445 traders viewing now