EURUSD | Page 43840 | 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

  • #876,781
  • Feb 13, 2014 4:12pm Feb 13, 2014 4:12pm
How many times shorts got burned shorting on negative deposit rate?
I got 3 and I bet this year we will have more.

Edit: Actually is 4.
  • #876,782
  • Feb 13, 2014 4:14pm Feb 13, 2014 4:14pm
Some things I'm looking at...

daily.

Attached Image (click to enlarge)
Click to Enlarge Name: mi2xNVMk.png Size: 35 KB


and weekly is right on resistance as well..


Attached Image (click to enlarge)
Click to Enlarge Name: axxuKGNe.png Size: 32 KB
  • #876,783
  • Feb 13, 2014 4:18pm Feb 13, 2014 4:18pm
Quoting attila
Some things I'm looking at... daily. {image} and weekly is right on resistance as well.. {image}
Don't go nutty on those "TL", they are not really trend lines.. I had a good reason why I drew them that way...
  • #876,784
  • Feb 13, 2014 4:20pm Feb 13, 2014 4:20pm
Quoting attila
{quote} Don't go nutty on those "TL", they are not really trend lines.. I had a good reason why I drew them that way...
Attila if u shorted here what would be ur stop loss?
  • #876,785
  • Feb 13, 2014 4:22pm Feb 13, 2014 4:22pm
Quoting iNSIELD
{quote} Attila if u shorted here what would be ur stop loss?
right above the weekly high. if it breaks that line on the weekly chart, it goes for 3742.. no point in sitting on it longer.. remember it's the second time we're here this week.
  • #876,786
  • Feb 13, 2014 4:24pm Feb 13, 2014 4:24pm
Attila I agree with u whole heartedly I think risk reward here is great
  • #876,787
  • Feb 13, 2014 4:25pm Feb 13, 2014 4:25pm
Quoting attila
{quote} right above the weekly high. if it breaks that line on the weekly chart, it goes for 3742.. no point in sitting on it longer.. remember it's the second time we're here this week.
note those arrows on daily... somewhere right above there..
  • #876,788
  • Feb 13, 2014 4:26pm Feb 13, 2014 4:26pm
Quoting iNSIELD
Attila I agree with u whole heartedly I think risk reward here is great
it would have been, worth a shot.. but the daily close makes me not like it too much..

you see, everybody's talking about r/r.. it does have its merits but if the probability of your sL being taken before making any profit it doesn't make it such a great deal anymore.. I don't know... it's all debatable..
  • #876,789
  • Feb 13, 2014 4:33pm Feb 13, 2014 4:33pm
Quoting attila
{quote} it would have been, worth a shot.. but the daily close makes me not like it too much.. you see, everybody's talking about r/r.. it does have its merits but if the probability of your sL being taken before making any profit it doesn't make it such a great deal anymore.. I don't know... it's all debatable..
there is a difference here.. books teach r/r.. all good so far.. so I take 5 trades high risk/good reward, and I get stopped out on all of them, or I wait a little longer for a crappier r/r but a much better chance to be on the right side of the market.. which one is better?

imo, high r/r imply counter trades.. always.. don't get me wrong, I do both but I prefer a high r/r on break outs with the trend.. that's just my style... That was the reason for my long today.. It didn't work out, I've got out..r/r still applies no matter where price is... The assumption is s/r will hold.. Sometimes it does, sometimes it doesn't..
  • #876,790
  • Feb 13, 2014 4:49pm Feb 13, 2014 4:49pm
Quoting attila
{quote}but I prefer a high r/r on break outs with the trend..
What Break out? The Daily chart is trapped in a range formation between 1.389 as a top and 1.328X as a bottom ! all trades within this range should be valid , till the formation breaks.
"It's the Margin, Stupid."
  • #876,791
  • Feb 13, 2014 4:51pm Feb 13, 2014 4:51pm
Quoting Vachus
{quote} What Break out? The Daily chart is trapped in a range formation between 1.389 as a top and 1.328X as a bottom ! all trades within this range should be valid , till the formation breaks.
break of 3680.. that was the thinking...
  • #876,792
  • Feb 13, 2014 4:54pm Feb 13, 2014 4:54pm
This is a very crappy zone.. if you put a line on 76... daily didn't close above it since december.. 5 pm eastern kind of closes..
  • #876,793
  • Feb 13, 2014 5:03pm Feb 13, 2014 5:03pm
Quoting attila
{quote} break of 3680.. that was the thinking...
Ah, i think you are referring the hourly chart .. this time frame is a one hell of a mess ! I think the current formation is a more of a daily chart, specially since 1.36000 is the one in focus! ( To be honest, all time frames till weekly is a total mess. )
"It's the Margin, Stupid."
  • #876,794
  • Feb 13, 2014 5:05pm Feb 13, 2014 5:05pm
Quoting attila
This is a very crappy zone.. if you put a line on 76... daily didn't close above it since december.. 5 pm eastern kind of closes..
I have close 1.36801 with my independent data feed and i have close 1.36785 with my broker.
  • #876,795
  • Feb 13, 2014 5:07pm Feb 13, 2014 5:07pm
The way i see things.. i think we still got some space to go up before retracement.... + todays negative US data...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd4h.png Size: 181 KB
  • #876,796
  • Feb 13, 2014 5:44pm Feb 13, 2014 5:44pm
IMHO will go north area range 1.3900++, then Fed will announce rate hike. Boooommm EuroUsd and Gold will tumble.
  • #876,797
  • Feb 13, 2014 5:54pm Feb 13, 2014 5:54pm
Just went short on EUR/USD. aiming for 1.3575:
Attached Image
  • #876,798
  • Feb 13, 2014 6:00pm Feb 13, 2014 6:00pm
Quoting Capelli
Just went short on EUR/USD. aiming for 1.3575: {image}
Nice I'm with you
Attached Image (click to enlarge)
Click to Enlarge Name: eutj.png Size: 30 KB
  • #876,799
  • Feb 13, 2014 6:01pm Feb 13, 2014 6:01pm
Quoting arinforex
IMHO will go north area range 1.3900++, then Fed will announce rate hike. Boooommm EuroUsd and Gold will tumble.
Agree with you as well. Check out February 18th on the FF Calender..
  • #876,800
  • Feb 13, 2014 6:08pm Feb 13, 2014 6:08pm
Quoting SaiLyfee
{quote} Nice I'm with you {image}
Welcome on board
Your are the new 18 years old right ??
510 traders viewing now, 1 is registered:
Jewel1996