EurAnalysis | Page 3608 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #72,141
  • Mar 20, 2014 5:09am Mar 20, 2014 5:09am
Quoting chess king
{quote} thank you..
I would bring the stop loss on Kiwi to break even.
If current support (0.8520) holds, we may see one more swing up for a new high with bearish divergence (approx 0.8690 - 0.8725)
Those who say it cannot be done should not interrupt those who are doing it
  • #72,142
  • Mar 20, 2014 5:21am Mar 20, 2014 5:21am
Quoting PipTrapper
{quote} I would bring the stop loss on Kiwi to break even. If current support (0.8520) holds, we may see one more swing up for a new high with bearish divergence (approx 0.8690 - 0.8725)
OKAY...
  • #72,143
  • Mar 21, 2014 1:04am Mar 21, 2014 1:04am
Quoting PipsMaster23
EURUSD should remain Bullish unless 1.3750 is taken out (daily close below) and if we get that low.... unless this level is taken out i will buy these dips in the EURUSD, will all SL under 1.3750 Tp levels: 1.4070, 1.4175 & 1.4315 Im terrible with time analysis, but i think the 1.40 level will be touched and broken by next week.... i see USD strengthening in 3rd quarter till end of year. I entered long EURUSD last night @ 1.3809 and i have a long position on USDCHF since 0.8726 of which i am still holding (SL 0.8789) and will do till EUR shows me...

So GBPJPY Closed at entry point. I have just re-entered long at current levels 168.19
USDCHF i have taken 2/3 partial profits SL still at same level i posted.
Still holding Gold position
EURUSD, added 1 more long yesterday at 1.3758

IT wont all happen today im sure, its a bears day... but i do feel good in regards to RR at the levels i am in

Happy trading to all
Cheers!!
  • #72,144
  • Mar 21, 2014 4:44am Mar 21, 2014 4:44am
Quoting PipsMaster23
{quote} So GBPJPY Closed at entry point. I have just re-entered long at current levels 168.19 USDCHF i have taken 2/3 partial profits SL still at same level i posted. Still holding Gold position EURUSD, added 1 more long yesterday at 1.3758 IT wont all happen today im sure, its a bears day... but i do feel good in regards to RR at the levels i am in Happy trading to all
Looking good so far

I caught a nice one right at the bottom

Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #72,145
  • Mar 23, 2014 10:29pm Mar 23, 2014 10:29pm
Monday morning gold nugget...

Currency markets are cyclical in nature and always come back to where they started to do it all over again.

Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #72,146
  • Mar 24, 2014 3:51am Mar 24, 2014 3:51am
Hi PT how are you, still busy ?
Equity seem wants to go sideways for a while, probably distribution .. what is your view on EU this week ?
  • #72,147
  • Mar 24, 2014 11:14am Mar 24, 2014 11:14am
Quoting andexQ
Hi PT how are you, still busy ? Equity seem wants to go sideways for a while, probably distribution .. what is your view on EU this week ?
Next major move will happen after Month/quarter end adjustments and most likely coincide with NFP next week.
This applies to both E/U and Equities (Risk in general)

I am still aiming higher into the 1.4x region for E/U. Equities I am not sure. I think it is topping and we should be in for major correction soon. Maybe one more new high, but not too high.
Those who say it cannot be done should not interrupt those who are doing it
  • #72,148
  • Mar 24, 2014 3:02pm Mar 24, 2014 3:02pm
Quoting PipTrapper
{quote} Next major move will happen after Month/quarter end adjustments and most likely coincide with NFP next week. This applies to both E/U and Equities (Risk in general) I am still aiming higher into the 1.4x region for E/U. Equities I am not sure. I think it is topping and we should be in for major correction soon. Maybe one more new high, but not too high.
Ok thanks.

Also about reversal in Chinese Yuan.. it seem something that fundamental was changed with macro economic.
  • #72,149
  • Mar 24, 2014 4:22pm Mar 24, 2014 4:22pm
Quoting andexQ
{quote} Ok thanks. Also about reversal in Chinese Yuan.. it seem something that fundamental was changed with macro economic.
Contracting PMI. China still slowing down.
Those who say it cannot be done should not interrupt those who are doing it
  • #72,150
  • Mar 24, 2014 7:33pm Mar 24, 2014 7:33pm
Quoting PipTrapper
{quote} Next major move will happen after Month/quarter end adjustments and most likely coincide with NFP next week. This applies to both E/U and Equities (Risk in general) I am still aiming higher into the 1.4x region for E/U. Equities I am not sure. I think it is topping and we should be in for major correction soon. Maybe one more new high, but not too high.
You may be right. The last push up (since 02-03-14) didn't even get to 500 pips so in my view is incomplete. The last down move ( started on 03-13-14) was also too small ( 218 pips) to be considered a real retracement. So i believe there is still energy to higher highs. Of course there is the psychological 1.40 which can't be disregarded but 4120 and 4330 are the areas i think the trend can really change. Time will tell
So, you think you have rights? LOL
  • #72,151
  • Mar 25, 2014 1:09am Mar 25, 2014 1:09am
Quoting ForexOracle
ADAPT OR DIE !!
Nice
Those who say it cannot be done should not interrupt those who are doing it
  • #72,152
  • Mar 30, 2014 3:06pm Mar 30, 2014 3:06pm
Quoting chess king
{quote} D..chart.. I hope below 3730.....before 407X/8X.. .{image}
level that invalidates 1.4x... for me is 3476 if b/o...
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de ecra de 2014-03-30 23:03:34.png Size: 143 KB
  • #72,153
  • Mar 31, 2014 3:10am Mar 31, 2014 3:10am
Quoting chess king
{quote} level that invalidates 1.4x... for me is 3476 if b/o... {image}
Not sure I agree. 1.4x will not be invalidated in my opinion... unless we see some major macro move by the ECB such as negative rates or quantitative easing.
Those who say it cannot be done should not interrupt those who are doing it
  • #72,154
  • Mar 31, 2014 4:59am Mar 31, 2014 4:59am
Quoting PipTrapper
{quote} Not sure I agree. 1.4x will not be invalidated in my opinion... unless we see some major macro move by the ECB such as negative rates or quantitative easing.
yes...
the idea is more... I do not feel comfortable buying below 347x zone ...is the YPP.
  • #72,155
  • Mar 31, 2014 12:14pm Mar 31, 2014 12:14pm
Quoting chess king
{quote} yes... the idea is more... I do not feel comfortable buying below 347x zone ...is the YPP.
Here is how I see it.
There are two major cycles in play here.
Cycle 1 started in July 2012
Cycle 2 started in April 2013

Cycle 1 is the entire ABC structure from the 2012 lows
Cycle 2 is the C wave of the entire structure

The fibo extensions FE 88.6% and FE 100% are targeting 1.4212 and 1.4401 respectively (Orange Fibo Extension)
The 50% and 61.8% fibo for Cycle 1 are 1.3003 and 1.2776 respectively (White fibo)
The 50% and 61.8% fibo for Cycle 2 are 1.3354 and 1.3218 respectively (Yellow fibo)

So in my view, until I see a break and hold below the lowest of the above four levels (1.2776), or until I see at least 1.4212, this pair is bullish in the medium term and we need to be fishing for long positions on every significant dip.

Therefore, for me, a drop below 1.3470 will only make me more motivated to buy, unless the macro landscape changes, in which case I'll probably not be buying either

E/U Daily
Attached Image (click to enlarge)
Click to Enlarge Name: eurusddaily.png Size: 106 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #72,156
  • Mar 31, 2014 12:22pm Mar 31, 2014 12:22pm
How do you see 1.4212 as the ultimate C wave target?
Twitter: @TrendersGame
  • #72,157
  • Mar 31, 2014 12:45pm Mar 31, 2014 12:45pm
Quoting Citiboy
How do you see 1.4212 as the ultimate C wave target?
It's not the "ultimate" C wave target. It is just one of the 4 possible targets and the lowest one.
The next one is 4401 followed by 1.4850 and 1.5060
However, once 4212 is reached, I will be hesitant to keep buying as the cycle may be in its completion phase depending on how the other risk assets are correlating.
Those who say it cannot be done should not interrupt those who are doing it
  • #72,158
  • Mar 31, 2014 1:52pm Mar 31, 2014 1:52pm
Quoting PipTrapper
{quote} Here is how I see it. There are two major cycles in play here. Cycle 1 started in July 2012 Cycle 2 started in April 2013 Cycle 1 is the entire ABC structure from the 2012 lows Cycle 2 is the C wave of the entire structure The fibo extensions FE 88.6% and FE 100% are targeting 1.4212 and 1.4401 respectively (Orange Fibo Extension) The 50% and 61.8% fibo for Cycle 1 are 1.3003 and 1.2776 respectively (White fibo) The 50% and 61.8% fibo for Cycle 2 are 1.3354 and 1.3218 respectively (Yellow fibo) So in my view, until I see a break and hold...
good map of the main levels ...
liked ... is within what we have been talking.
very good job...
but still have not seen my 3360 target and 3843 is in play again
we'll see how it goes by now I am flat..
  • #72,159
  • Mar 31, 2014 2:24pm Mar 31, 2014 2:24pm
Quoting PipTrapper
{quote} Next major move will happen after Month/quarter end adjustments and most likely coincide with NFP next week. This applies to both E/U and Equities (Risk in general) I am still aiming higher into the 1.4x region for E/U. Equities I am not sure. I think it is topping and we should be in for major correction soon. Maybe one more new high, but not too high.
SPX500 (2200 - 2400).
Don't believe me just watch!
  • #72,160
  • Mar 31, 2014 3:46pm Mar 31, 2014 3:46pm
Quoting LCForex
{quote} SPX500 (2200 - 2400).
So you don't think we see a big correction first?
Those who say it cannot be done should not interrupt those who are doing it
20 traders viewing now