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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

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  • #881,981
  • Mar 7, 2014 9:36am Mar 7, 2014 9:36am
Quoting Alorente
{quote} I first would like to see today´s technically important close under 1.3820. I have no idea how it will open on Monday, but there is good visibility to what will happen in the next few months. The key is to slowly build a milipede of shorts and making sure you give yourself enough room for crazy Draghi temporary rallies. The strategy is to add to the milipede as it breaks support levels.

Gracias Alorente, i give that a good thought.
  • #881,982
  • Mar 7, 2014 9:40am Mar 7, 2014 9:40am
mates i am very amatuar about fundamental news, and just know about it color (red or green) here on ff.
i have a question, can this NFP data change the upward direction and eu drops to 1.35 ?
thanks for your kind answers

edit: i have some longs from 1.35xx
  • #881,983
  • Mar 7, 2014 9:41am Mar 7, 2014 9:41am
Quoting Rtm
{quote} a true path to profit in forex
Thanks. That is the strategy I followed since 10/2012 with UsdJpy with excellent results. I see the probable collapse of EurUsd in the next few months. I may be wrong, but I really believe in it based on fundamental and technical reasons. Again, the key is adding to your position as it moves in your direction. If it doesn´t? you take a relatively small loss and move on to find the next potentially big move.
Observation is the path to discovery.
  • #881,984
  • Mar 7, 2014 9:43am Mar 7, 2014 9:43am
Quoting Alorente
{quote} Thanks. That is the strategy I followed since 10/2012 with UsdJpy with excellent results. I see the probable collapse of EurUsd in the next few months. I may be wrong, but I really believe in it based on fundamental and technical reasons. Again, the key is adding to your position as it moves in your direction. If it doesn´t? you take a relatively small loss and move on to find the next potentially big move.
AKA trading with the trend! UJ is a perfect pair for this
All posts are my personal opinion
  • #881,985
  • Mar 7, 2014 9:44am Mar 7, 2014 9:44am
The way I see it -- no surprise if it goes up. Or it may make a juicy daily pin bar at the end of the day
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdctth4.png Size: 118 KB
Click to Enlarge Name: eurusdcttm15.png Size: 83 KB
  • #881,986
  • Mar 7, 2014 9:47am Mar 7, 2014 9:47am
Quoting Alorente
{quote} Thanks. That is the strategy I followed since 10/2012 with UsdJpy with excellent results. I see the probable collapse of EurUsd in the next few months. I may be wrong, but I really believe in it based on fundamental and technical reasons. Again, the key is adding to your position as it moves in your direction. If it doesn´t? you take a relatively small loss and move on to find the next potentially big move.
In case you haven´t noticed, EurUsd has retraced almost exactly a 61.8% Fib from the 04/2011 to 07/2012 drop. That is the Golden Retracement and it is an important level to hold on the upside.
Observation is the path to discovery.
  • #881,987
  • Mar 7, 2014 9:48am Mar 7, 2014 9:48am
Quoting ThisPip
All good reasons here. on a side note, it totally bedazzels me that the US market is so not caring on the threat that this Ukraine desaster actually is. and even more, that the Euro doesn't care, and the safe heaven dollar doesn't care...and so on. Anyway, loading on shorts.
if a local war would happen. the u.s. markets have more to gain comparably, especially if it spills over borders. or just the fear of a border spillover.
the u.s. has little trade there. a spillover or gas line sabotage could hurt German manufacturing. just the fact of a war would increase the energy prices more in Europe comparably to u.s. Europe is already at a disadvantage in energy cost.. who knows what china would do? they may just want to sell instead of involvement. sideline may be a good position, they can see who will win and tackle the weaker one. then divide up the new spoils and have a trusted allies who owes them.
those who can, do. those who cant, talk about those who can
  • #881,988
  • Mar 7, 2014 9:50am Mar 7, 2014 9:50am
Quoting HCGroup
mates i am very amatuar about fundamental news, and just know about it color (red or green) here on ff. i have a question, can this NFP data change the upward direction and eu drops to 1.35 ? thanks for your kind answers edit: i have some longs from 1.35xx
why you don't simply close and find better position?, 300 pips is far away in the uptrend like this
wait H4 or daily candle pattern for reversal validation.... it will take time if going down to your level
  • #881,989
  • Mar 7, 2014 9:50am Mar 7, 2014 9:50am
Quoting ThisPip
{quote} Do you also agree to the Gap down on Monday?
gap down toward 13333
  • #881,990
  • Mar 7, 2014 9:55am Mar 7, 2014 9:55am
Quoting flam
{quote} dont really understand your question..
i found it..thanks its fixed
those who can, do. those who cant, talk about those who can
  • #881,991
  • Mar 7, 2014 9:59am Mar 7, 2014 9:59am
Another little tip. When you are expecting a level to hold on a major pair like EurUsd, look at important levels on smaller pairs. Normally, you will begin to see these fail before the big pairs do, simply because less volume is needed to make them turn. For example, the Kiwi seems to be giving up the ghost right now at a key level as you can see on the weekly chart. Sterling is beginning to fail too at the 5 year resistance level. If other pairs start to fail, EurUsd should follow sooner or later.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD - Weekly.png Size: 86 KB
Observation is the path to discovery.
  • #881,992
  • Mar 7, 2014 10:01am Mar 7, 2014 10:01am
Today could be the day of a turn on everything...next couple of weeks will be the most interesting
COT: The precious data ignored
  • #881,993
  • Mar 7, 2014 10:01am Mar 7, 2014 10:01am
Quoting Alorente
{quote} In case you haven´t noticed, EurUsd has retraced almost exactly a 61.8% Fib from the 04/2011 to 07/2012 drop. That is the Golden Retracement and it is an important level to hold on the upside.
Thank you. Very true. It was tested last month (a bullish engulfing), and it doesn't look as though it will be reversing direction from there. Additionally, this pair is trading currently at a two year high...
Gone to a better place
  • #881,994
  • Mar 7, 2014 10:03am Mar 7, 2014 10:03am
Quoting Red Alert
{quote} why you don't simply close and find better position?, 300 pips is far away in the uptrend like this wait H4 or daily candle pattern for reversal validation.... it will take time if going down to your level
I am position trader and not day trader, i hold position for more than 300 pips almost.
i just wanna know this NFP is able to chande the direction in eu or not?
thx
  • #881,995
  • Mar 7, 2014 10:06am Mar 7, 2014 10:06am
EU now salute the guys who long it
Attached Image
  • #881,996
  • Mar 7, 2014 10:10am Mar 7, 2014 10:10am
Quoting smikester
{quote} Thank you. Very true. It was tested last month (a bullish engulfing), and it doesn't look as though it will be reversing direction from there. Additionally, this pair is trading currently at a two year high...
Another example: Check the Kiwi in the 2008 collapse. It topped on 03/2008 and began to drop fast. EurUsd topped three months later and then dropped, so you had plenty of advance notice to get ready with your shorts. This advance notice works consistently on smaller pairs and is clearly visible on weekly charts.
Observation is the path to discovery.
  • #881,997
  • Mar 7, 2014 10:37am Mar 7, 2014 10:37am
Quoting Mr.C
Hey everyone. Sold EU @ 1,3896. Good luck to everyone!
Quoting Mr.C
{quote} SL @ 1,3924.
No active orders in my machine for the weekend. Closed EUR/USD for +30 pips. Chart.

Calling it a day. Wish everyone a sunny and relaxing weekend!
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #881,998
  • Mar 7, 2014 10:39am Mar 7, 2014 10:39am
I think spx and dow are going to be out of team very soon, because nikki and DAX have difficulty to make new high. spx and dow cannot go up by themselves without cooperation from nikki and DAX.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #881,999
  • Mar 7, 2014 10:41am Mar 7, 2014 10:41am
Quoting ffleo
I think spx and dow are going to be out of team very soon, because nikki and DAX have difficulty to make new high. spx and dow cannot go up by themselves without cooperation from nikki and DAX.
Once spx and dow begin their way of big correction down, everything will drop.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #882,000
  • Mar 7, 2014 10:47am Mar 7, 2014 10:47am
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 42 KB
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