EURUSD | Page 44870 | 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

  • #897,381
  • May 13, 2014 11:56am May 13, 2014 11:56am
"Now ECB does not have to do anything.Euro is already depreciated substantially"

Absolutely WRONG

you should follow NEWS, or you should not...

Quoting Davit
{quote} Hi L Draghi never mentioned QE.Last meeting he answered to reporter that If Euro continues to appreciate at the time was above 39 they might take action next meeting (clever hint dropping from former Goldman Sach employee) Now ECB does not have to do anything.Euro is already depreciated substantially
My Best Trade is Next Trade!
  • #897,382
  • May 13, 2014 11:59am May 13, 2014 11:59am
For those eager to take a scalp to the buy side or even good entry on the swing buy. Allow a green candle to close over the red arrow. Once that occurs I would buy EUR/USD and and take profit at the 1.3720 s3 pivot. Until then don't buy. If you zoom out on your 5m chart on EU you will see that highs on EU is getting lower. so a reversal would be swift but at the moment the bears are in total control.
Attached Image
Keep your Pip-drawdown low. That is the key to using high equity + high lev
  • #897,383
  • May 13, 2014 12:02pm May 13, 2014 12:02pm
Quoting ffleo
{quote} I suspect that some banks did something near the top of 1.4, forcefully sell euro to reverse it. And funds noticed it and that is why we had a few days of straight drop.
I wrote ton of posts about low inflation numbers here.That was really bothering ECB. Low inflation+High currency in stagnate economy =disaster.
Of course some ridiculed my fundemetal views but I was correct on my direction and assessment.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #897,384
  • May 13, 2014 12:03pm May 13, 2014 12:03pm
Quote
Started ignoring
http://assets.forexfactory.net/nfs/c...ar114545_4.gif forexings
46 min agoStarted ignoring
http://assets.forexfactory.net/nfs/c...r230796_36.gif Davit
48 min agoStarted ignoring
http://assets.forexfactory.net/nfs/c...ar143165_2.gif maximinus
59 min agoStarted ignoring
http://assets.forexfactory.net/nfs/c...r133042_11.gif MaxDoom
59 min agoStarted ignoring
http://assets.forexfactory.net/nfs/c...ar335710_4.gif ffleo
1 hr ago
Hahaha... who is this scalplikeme?
You cannot learn better without losing
  • #897,385
  • May 13, 2014 12:04pm May 13, 2014 12:04pm
Quoting Davit
{quote} I wrote ton of posts about low inflation numbers here.That was really bothering ECB. Low inflation+High currency in stagnate economy =disaster. Of course some ridiculed my fundemetal views but I was correct on my direction and assessment. Regards

You are right though !
  • #897,386
  • May 13, 2014 12:05pm May 13, 2014 12:05pm
looks like EG is going to break support and head down a little more.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #897,387
  • May 13, 2014 12:06pm May 13, 2014 12:06pm
Quoting MAM.Trader
"Now ECB does not have to do anything.Euro is already depreciated substantially" Absolutely WRONG you should follow NEWS, or you should not... {quote}
I have read latest BS "news" which is basically speculation what ECB might do.Once again ECB does not have to do anything as long as Euro stays under 1.40
In trading, you have to be defensive and aggressive at the same time
  • #897,388
  • May 13, 2014 12:07pm May 13, 2014 12:07pm
Quoting ffleo
{quote} I suspect that some banks did something near the top of 1.4, forcefully sell euro to reverse it. And funds noticed it and that is why we had a few days of straight drop.
I agree that this downward move was meticulously studied...we saw Draghi first and Bundesbank after making statements ending with "if needed"...strange coincidence...both statements don't mean a thing...but as usual I am ready to change my mind especially if I see this dropping now below 13670.
  • #897,389
  • May 13, 2014 12:07pm May 13, 2014 12:07pm
Quoting ScalpLikeMe
{quote} lol... Well if EUR/USD doesn't have a steady rise (the rise we typically see after sell offs like this) then it should be safe to say that the overall trend has reversed in the favor of the bulls. Please check back to the last 4 times E/U made a run up and had a loss of over 150 pips over 48 hours.The price would accumulate at the low, and begin a very slow move upward. That has yet to have been seen on EU the last 3 trading days.
All I have to say really is that the market is taking ECB at face-value, we are selling on hypothetical easing from the ECB. But unlike the OMT and the trust issue that was restored, you can't weaken your currency by talk alone, you need to actually expand your balance sheet.

The trend isn't up just because it is. Because we are into a normalization phase, unless it gets clear we are not going to see a normalization, forget about selling euros and call a trend reversal
  • #897,390
  • May 13, 2014 12:09pm May 13, 2014 12:09pm
Quoting ffleo
looks like EG is going to break support and head down a little more.
anyone wants to long euro for a scalp, pull out daily chart of EG and draw a trendline from Feb 2013 to now across all swing bottoms, you will know when to long euro.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #897,391
  • May 13, 2014 12:10pm May 13, 2014 12:10pm
Quoting JohnIsShort
{quote} All I have to say really is that the market is taking ECB at face-value, we are selling on hypothetical easing from the ECB. But unlike the OMT and the trust issue that was restored, you can't weaken your currency by talk alone, you need to actually expand your balance sheet. The trend isn't up just because it is. Because we are into a normalization phase, unless it gets clear we are not going to see a normalization, forget about selling euros and call a trend reversal
Egg sact o mondo ! Emotion markets
All posts are my personal opinion
  • #897,392
  • May 13, 2014 12:11pm May 13, 2014 12:11pm
If this keeps going down, people will be selling just because they are forced to sell, it doesnt even have to do with ECB or headlines.. just disorderly selling/covering/re-adjusting positions
  • #897,393
  • May 13, 2014 12:13pm May 13, 2014 12:13pm
Quoting JohnIsShort
If this keeps going down, people will be selling just because they are forced to sell, it doesnt even have to do with ECB or headlines.. just disorderly selling/covering/re-adjusting positions
yes, I look forward to running stops
  • #897,394
  • May 13, 2014 12:13pm May 13, 2014 12:13pm
Quoting JohnIsShort
If this keeps going down, people will be selling just because they are forced to sell, it doesnt even have to do with ECB or headlines.. just disorderly selling/covering/re-adjusting positions
I would say orderly closing their long, covering their longs.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #897,395
  • May 13, 2014 12:15pm May 13, 2014 12:15pm
Quoting JohnIsShort
If this keeps going down, people will be selling just because they are forced to sell, it doesnt even have to do with ECB or headlines.. just disorderly selling/covering/re-adjusting positions
When people will start selling the euro will go up again

but first we need to bankrupt the people that are now buying
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #897,396
  • May 13, 2014 12:15pm May 13, 2014 12:15pm
Quoting forexings
{quote} Hahaha... who is this scalplikeme?
To me its more negative for him.
If one shows some humility one can benefit to learn from others.When you stop learning that's when you are doomed.
I am still learning from others
ffleo has wonderful way of trading like market orders
Scott great harmonic trader
Gator very good tech trader with tight numbers
HDA position trader
MAXdoom for staying on course and ripping massive pips
ForexCube master trader
Magix self taught coder who rips pips
List goes on and on

Then we got few losers posting on every thread telling others nobody makes money in forex....

If one stays on idiotic frame of mind then how can you progress?...
In trading, you have to be defensive and aggressive at the same time
  • #897,397
  • May 13, 2014 12:15pm May 13, 2014 12:15pm
The 6th trade for today worked well 2 sell orders (25 pips profit):
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm5.png Size: 29 KB
  • #897,398
  • May 13, 2014 12:17pm May 13, 2014 12:17pm
CRAZY FOREX =) Draghi in bushes watch this.
Attached Image
Once scalper always scalper
  • #897,399
  • May 13, 2014 12:17pm May 13, 2014 12:17pm
Markets are a bitch
  • #897,400
  • May 13, 2014 12:19pm May 13, 2014 12:19pm
Where is next good point to add shorts? PLZ
Once scalper always scalper
476 traders viewing now