EURUSD | Page 43316 | 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

  • #866,301
  • Dec 27, 2013 12:43pm Dec 27, 2013 12:43pm
On monthly chart this is a possible short area but right now on daily and 4 hours I dont see any confirmation of short move start.
I am waiting some price action to confirm the short move start.
Attached Image (click to enlarge)
Click to Enlarge Name: tempeu.gif Size: 40 KB
  • #866,302
  • Dec 27, 2013 12:44pm Dec 27, 2013 12:44pm
could be the high today for Euro for next year... nice correlation with Dow rising and euro dropping
Disclaimer: Check your 1m charts
  • #866,303
  • Dec 27, 2013 12:45pm Dec 27, 2013 12:45pm
Quoting Ken A
{quote} A/J is very slow and the bull is partially cancelled by bearish A/U. G/J is the winner recently then E/J
Agree, but AJ will not be the turtle for always, I exited my EJ before the last up run, but no regrets.
Don't be smart. Be rich.
  • #866,304
  • Dec 27, 2013 12:45pm Dec 27, 2013 12:45pm
About buying low and selling high

To me its most logical.When buying a car nobody says "Honey lets wait until price increases by 30% then we'll buy" Its usually other way around.
Currency is same.To me rest is mechanics to overcome SL's, lot size relative to account.
When was the last time Cable was 65? 2011! So selling from 65-64 is high probability trades irregardless of market noise.
In trading, you have to be defensive and aggressive at the same time
  • #866,305
  • Dec 27, 2013 12:46pm Dec 27, 2013 12:46pm
Quoting Vachus
{quote} I'm not holding anything, as far as i'm concern - your shorts are underwater and looks like its going to stay there for sometime ... you were screaming over bought since what ? Early November or something!.
yup, shorted spx with my retirement accounts and will hold for months, or when it drops to first target 1600 to unload part, second target 1500 unload another part, and so on.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,306
  • Dec 27, 2013 12:48pm Dec 27, 2013 12:48pm
Quoting Ken A
{quote} A/J is very slow and the bull is partially cancelled by bearish A/U. G/J is the winner recently then E/J
I think GJ hit resistance too
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,307
  • Dec 27, 2013 12:50pm Dec 27, 2013 12:50pm
Quoting Ken A
{quote} Going 2014 looks like XXX/JPY crosses will give more pips than XXX/USD. Don't miss it.

Don't be smart. Be rich.
  • #866,308
  • Dec 27, 2013 12:51pm Dec 27, 2013 12:51pm
Quoting Davit
About buying low and selling high To me its most logical.When buying a car nobody says "Honey lets wait until price increases by 30% then we'll buy" Its usually other way around. Currency is same.To me rest is mechanics to overcome SL's, lot size relative to account. When was the last time Cable was 65? 2011! So selling from 65-64 is high probability trades irregardless of market noise.
hmmm.. yes... however that set up happens once or twice a year.. in the mean time all we can do is guess if we are at the low or high.. as a matter of fact this works well for very long term traders...but I can't wait 1/2 year for a set up..

Actually I'm starting to like continuation moves much better than trying to catch reversals... so I'm getting very sharp when it comes to b/o PA.. pays better..
  • #866,309
  • Dec 27, 2013 12:52pm Dec 27, 2013 12:52pm
Quoting Ken A
{quote} Still have one E/J from 120.xx Going 2014 looks like XXX/JPY crosses will give more pips than XXX/USD. Don't miss it.
looks like the yen pairs correlation worked well today.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,310
  • Dec 27, 2013 12:53pm Dec 27, 2013 12:53pm
Quoting ffleo
{quote} yup, shorted spx with my retirement accounts and will hold for months, or when it drops to first target 1600 to unload part, second target 1500 unload another part, and so on.
I wish you good luck
"It's the Margin, Stupid."
  • #866,311
  • Dec 27, 2013 12:56pm Dec 27, 2013 12:56pm
hour must close above 3767 for retrace before more down. if not, down and dow up
Attached Image
Disclaimer: Check your 1m charts
  • #866,312
  • Dec 27, 2013 12:57pm Dec 27, 2013 12:57pm
Quoting ffleo
{quote} yup, shorted spx with my retirement accounts and will hold for months, or when it drops to first target 1600 to unload part, second target 1500 unload another part, and so on.
rat
  • #866,313
  • Dec 27, 2013 12:59pm Dec 27, 2013 12:59pm
Quoting rattyo
{quote}

I wonder what % of your 3k posts are
In trading, you have to be defensive and aggressive at the same time
  • #866,314
  • Dec 27, 2013 1:00pm Dec 27, 2013 1:00pm
Quoting rattyo
{quote}
why? since jun 2012 spx has been running up without a decent correction. a 200-300 points drop for correction is not too much to ask for.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,315
  • Dec 27, 2013 1:02pm Dec 27, 2013 1:02pm
Quoting Davit
{quote} I wonder what % of your 3k posts are
giggling and rat tail shaking.

-----------------------------
rat, change your avatar to the following picture.
Attached Image (click to enlarge)
Click to Enlarge Name: 114267_1220687511625_full.jpg Size: 69 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,316
  • Dec 27, 2013 1:05pm Dec 27, 2013 1:05pm
Quoting milam
{quote} Well, this is the "classic resistance", o good place to take at least partial profit in my view, nobody knows if this is genuine run, it could also be just a move initiated from market movers to make more money by triggering all the sitting ducks stops. If it is a genuine one we will know only afterwards. What I know is that we do not need to know to make money... good night
Did you take your profit over there?
Wherever you go, there you are.
  • #866,317
  • Dec 27, 2013 1:11pm Dec 27, 2013 1:11pm
Quoting Davit
When was the last time Cable was 65? 2011! So selling from 65-64 is high probability trades irregardless of market noise.
A case could be made for a Cable above 1.75 ... so, if someone will be buying targeting these levels in the next 6 months or so , i wouldn't call him a total manic! Its one of these moments when you really wonder " can it happen? " But not the EURUSD - its practically range bounded .
"It's the Margin, Stupid."
  • #866,318
  • Dec 27, 2013 1:11pm Dec 27, 2013 1:11pm
Quoting attila
{quote} hmmm.. yes... however that set up happens once or twice a year.. in the mean time all we can do is guess if we are at the low or high.. as a matter of fact this works well for very long term traders...but I can't wait 1/2 year for a set up.. Actually I'm starting to like continuation moves much better than trying to catch reversals... so I'm getting very sharp when it comes to b/o PA.. pays better..
pls gimme a hint, cant stop trading counter trend, it has worked for me well but is very painful sometimes as sl get hit often, i think is more profitable to follow trend than counter act in overbought, oversold zones.

really have to work in this, will have to start thinking there is not high or very low price.
  • #866,319
  • Dec 27, 2013 1:11pm Dec 27, 2013 1:11pm
anyone want to long euro now? it just got below 3760, and will hit 3750 soon
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #866,320
  • Dec 27, 2013 1:11pm Dec 27, 2013 1:11pm
Quoting ffleo
{quote} why? since jun 2012 spx has been running up without a decent correction. a 200-300 points drop for correction is not too much to ask for.
this is cheap. You will look down here next year and think
should have brought that.

that dow wont take long to get to 18k at this rate.
rat
1,111 traders viewing now