EURUSD | Page 44087 | 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

  • #881,721
  • Mar 7, 2014 4:22am Mar 7, 2014 4:22am
Morning/afternoon,

Time to write something...
Yesterday was a hard setup day because of low volumes/thin liquidity.
And as obvious, today not much happening before NFP.

During intraday when eurgbp moves first around same amount than majors or more (eurusd/gbpusd and usdjpy) is about positioning for the move.

But its about chfjpy which has the same role than eurgbp (acting as lift/booster) but between different ccy pairs. Namely usdjpy and usdchf.

There is good relation between all these ccy's. Eur is pegged to chf, usdchf and usdjpy has extremely high neg. correlation against eurusd and gbpusd and chf and jpy are both safe heaven currencies. What a mess.

For move upside on eurusd need chfjpy to trigger offers above 117.35 and stops above 117.45.
They think they are smarter than I am.
  • #881,722
  • Mar 7, 2014 4:23am Mar 7, 2014 4:23am
Quoting 2012mysterio
{quote} Hi, If there is no more shorts left to slaughter, guess whom the market goes after next? comin at you Bro.. Good job on the long..
the market has to slaughter something, and for now that is SHORT and if there is no more short to be slaughter then the market has no option than to slaughter the LONG, there must be slaughtering.

For the Shorts only money management can help.
Happy Trading
  • #881,723
  • Mar 7, 2014 4:27am Mar 7, 2014 4:27am
Quoting pawpaw1000
{quote} You becoming a conspiracy theorist like me :-D I'm just following the flow, working so far
only looking at the chart, nothing else.
  • #881,724
  • Mar 7, 2014 4:28am Mar 7, 2014 4:28am
Quoting attila
{quote} only looking at the chart, nothing else.
Looks like we are going up so buy?
@pawpaw1000 on Twitter
  • #881,725
  • Mar 7, 2014 4:32am Mar 7, 2014 4:32am
I'm holding short at 138.60..s/l at 139.30 tp 137.60 and it's still going up again ahead of NFP ! I thought the market already priced in a bad figure from yesterdays rally up..will be holding my breath of this one..how high can this pair go? Is this a permanent changing of the guard from US to euro due to fed printing dollars?
  • #881,726
  • Mar 7, 2014 4:33am Mar 7, 2014 4:33am
Quoting pawpaw1000
{quote} Looks like we are going up so buy?
no buy, still hanging in for a little longer, not looking to good.. we'll see.
  • #881,727
  • Mar 7, 2014 4:37am Mar 7, 2014 4:37am
Move seems to be overextended with usdchf printing yearly low.

Going higher before NFP ? So suspicious about it, not much space to buy it
COT: The precious data ignored
  • #881,728
  • Mar 7, 2014 4:39am Mar 7, 2014 4:39am
Quoting kuroro001
Move seems to be overextended with usdchf printing yearly low. Going higher before NFP ? So suspicious about it, not much space to buy it

Well, we're definately going above the previous highs since we are already so close, that is guaranteed... I don't see any reason to sell yet?
@pawpaw1000 on Twitter
  • #881,729
  • Mar 7, 2014 4:40am Mar 7, 2014 4:40am
Quoting attila
{quote} only looking at the chart, nothing else.
are those ranges you mentioned yesterday for daily and weekly related with daily and weekly atr? Thanks
  • #881,730
  • Mar 7, 2014 4:41am Mar 7, 2014 4:41am
Quoting kuroro001
Move seems to be overextended with usdchf printing yearly low. Going higher before NFP ? So suspicious about it, not much space to buy it
Seems to you, but not to the market...
@pawpaw1000 on Twitter
  • #881,731
  • Mar 7, 2014 4:41am Mar 7, 2014 4:41am
Quoting pawpaw1000
{quote} Well, we're definately going above the previous highs since we are already so close, that is guaranteed... I don't see any reason to sell yet?
Its getting harder to sell...will be looking for a strong h1/h4 rejection i think. Lower tf bears are getting screwed

But will you buy that high ahead of NFP ? I just wonder who will
COT: The precious data ignored
  • #881,732
  • Mar 7, 2014 4:41am Mar 7, 2014 4:41am
@ attila,
look at chf M1, you've the typical movement that you love and that you talked about to me sometimes ago: slow movement, small candles, regular fall etc…so for me euro is still bull and an healthy bull.
Don't be smart. Be rich.
  • #881,733
  • Mar 7, 2014 4:45am Mar 7, 2014 4:45am
3893, last years high...
Look Sharp/Trade Tight
  • #881,734
  • Mar 7, 2014 4:45am Mar 7, 2014 4:45am
Quoting kuroro001
{quote} Its getting harder to sell...will be looking for a strong h1/h4 rejection i think. Lower tf bears are getting screwed But will you buy that high ahead of NFP ? I just wonder who will

Momentum traders, HFT, fundamental traders, Larger TF funds...

Many buyers at all levels mate
@pawpaw1000 on Twitter
  • #881,735
  • Mar 7, 2014 4:46am Mar 7, 2014 4:46am
-5
  • #881,736
  • Mar 7, 2014 4:47am Mar 7, 2014 4:47am
Quoting pawpaw1000
{quote} Momentum traders, HFT, fundamental traders, Larger TF funds... Many buyers at all levels mate
I let them be...without me...but its ready to rip off shorts today unless NFP surprises
COT: The precious data ignored
  • #881,737
  • Mar 7, 2014 4:48am Mar 7, 2014 4:48am
Quoting Esssex
Added another short at 3881 with stops behind 3886. At this level it's do or die for shorts. I'm already prepared to go back to the drawing board for a wrong analysis.
Look at H1... do you see any bears anywhere?
@pawpaw1000 on Twitter
  • #881,738
  • Mar 7, 2014 4:48am Mar 7, 2014 4:48am
Quoting PayTheLimit
3893, last years high...
It will be fist f*ed

The reason : CHF wants 875X as a minimum
Don't be smart. Be rich.
  • #881,739
  • Mar 7, 2014 4:53am Mar 7, 2014 4:53am
keeps on making new highs before news.. this thing has no respect..
  • #881,740
  • Mar 7, 2014 4:55am Mar 7, 2014 4:55am
About to explode higher... 5min
@pawpaw1000 on Twitter
555 traders viewing now