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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

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NFP nice bump up on EURUSD 2 replies

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EURUSD

Quoting okanemici
{quote} They couldn't break it down because of the daily 50 ma.It takes a few zigzags to break it down and I believe this is the last up leg of those zigzags ! In 1-2 days it possibly will be 1.3550 and less.
I don't believe in 50ma fairy tale.

We'll see anyway, GL
COT: The precious data ignored
Quoting hadox
{quote} I have the same more or less, 1.367x as the first resistance and if we crack that, I have 1.374x/6x ...
Agree about it

1.372x/3x then 1.378x/9x here if yesterday's high level is broken
COT: The precious data ignored
Quoting kuroro001
{quote} Agree about it 1.372x/3x then 1.378x/9x here if yesterday's high level is broken
yes, I would also judge the reaction at 1.367x if we get there, but so far 1.362x is still holding bulls down, lets see..
Patience is a virtue...
Quoting spaceduck
Core CPI at 0.7%, it's a new record low. This is something veeery interesting...
Core CPI isn't the important one, CPI Y/Y is the most important one of them all ... this one reading is the same, so not really seeing any significance
"It's the Margin, Stupid."
we all have similar numbers. 3717 is the nearest bull target & 375x area is where the bears are camped out imo.
Quoting Vachus
{quote} No its not, 2013 low is 0.7 ...
Yes the CPI has been much lower in the years before, and it has the lowest of 0.7 on 2013.

However the Core CPI (the less volatile version of cpi) it has never been so low, so..
It is a pretty strong information, at least for me.

Would be very strange not touching 1.35400-500 (but also very strange that we didn't touch 1.37000), when we are more than at half way...but of course anything can happen. Personally I would wait with longs, good luck with them.
f(z)=z2+c
Quoting spaceduck
{quote} Yes the CPI has been much lower in the years before, and it has the lowest of 0.7 on 2013. However the Core CPI (the less volatile version of cpi) it has never been so low, so.. It is a pretty strong information, at least for me.
Well, we gonna have to wait & see the next ECB meeting to watch if they share your point of view ...
"It's the Margin, Stupid."
Today & tomorrow price can easily move to 1.370X without distorting any short / long setups ... selling on rally strategy won't work in the rest of this week trading hours left!
* Unfortunately , i'm not taking this trade for perosnal reasons.
* 1.36233 is low of very important range ( 1.362X , 1.37X ) But the low of a range , especially this one can easily turn into a bull trap.
* I would consider the trade seriously, only if i can hold it for at least a week and 100 pips stoplose minimum.
"It's the Margin, Stupid."
just bid +EG at trendline, it's a lot easier. if you want maximum safety stop in at 0.8350
Afternoon,

1.3635 is line in the sand.

Price could be taken there just for selling or breaking out into upside to test 50 aroundbouts.

From technical perspective should watch current hourly close as well as next and then US news later on.

Both support and resistance from 1.3585 to 1.3635 are near lately daily close levels so when pair moves may move hard.
They think they are smarter than I am.
Quoting kuroro001
{quote} What i'm suspicious about is the fact that Draghi and NFP couldn't break down And now we are back on this level without significant news, so i'm still looking higher for now
fully agree , im long since yesterday from 3611 and 3603 if we can break 3627 then i think we can see 3715-3760
fokyou forexfactory
Quoting DNTme
{quote} fully agree , im long since yesterday from 3611 and 3603 if we can break 3627 then i think we can see 3715-3760
On the other hand i have short orders at 3580 with stops at 3627 aiming for 3500
fokyou forexfactory
Quoting DNTme
{quote} On the other hand i have short orders at 3580 with stops at 3627 aiming for 3500
yeah... so as i said before we're probably going to need something like a bull hammer with a low below 1.3550 and a convincing hold above 1.3650 to resume any uptrend for good, doesn't mean sell or buy now

ok so EG at 0.8331 here is back at intraday trendline if u want to try scalping it and going for the stops higher, trendlines can always break though and if it does, just gonna have to wait for another opportunity to buy it... the fact that i posted it here obviously makes it less likely to work this time around haha

a meaningful hold below 20 invalidates this attempt
and EU is back under bear pressure
Quoting hadox
{quote} what's up with all the lines cdn, do you actually use them, or do you just like the colours.. lol.. agree about your view though, the rejection of 1.358x could wake up the bulls again, at least for the short term.. the day is still young , so lets see what happens..

I think Guppy is a very visual person.. besides looking like a rainbow, his colorful ma clusters may help the un-trained eyes to visualize price continuation to the right..

London price compressing in a tight 20 pip range to the right of the half session engulfing bull bars.. either EURGBP or EURYEN or both, or that eccentric old guy Cable could provide the extra lift for Guppy expansion..
Same BS pa as we were at 1.367x/8x
COT: The precious data ignored
Quoting kuroro001
{quote} What i'm suspicious about is the fact that Draghi and NFP couldn't break down And now we are back on this level without significant news, so i'm still looking higher for now
Ok…..cheers…. Personally I just need to act on the next 20 pips move……and I do not have any idea where she will go……
Wherever you go, there you are.
Quoting milam
{quote} Ok…..cheers…. Personally I just need to act on the next 20 pips move……and I do not have any idea where she will go……
sell below 1.3613, buy above 1.3613, rinse repeat, gauge your breaks well
buy at 1.3600, sell at 1.3625 haha
this PA is useless
Quoting milam
{quote} Ok…..cheers…. Personally I just need to act on the next 20 pips move……and I do not have any idea where she will go……
No ideas neither, hence i'll stick to one bias until it breaks something
COT: The precious data ignored
bull lost a fair chance after bouncing from 3596
It seems bull getting weaker
You cannot learn better without losing
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