EURUSD | Page 45141 | 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

  • #902,801
  • Jun 5, 2014 11:29am Jun 5, 2014 11:29am
Quoting Citiboy
ECB Reaches Lower Bound on Rates- http://trendersgame.com/2014/06/05/d...ound-on-rates/
Citi, i haven't read the statement yet - but i think the " lower bound" was limited to the deposit rate not all .. so, for accurancy reasons you should consider the title " Rate" not " Rates". I might be wrong though, but the Q&A is not out yet.
"It's the Margin, Stupid."
  • #902,802
  • Jun 5, 2014 11:31am Jun 5, 2014 11:31am
what it means to you?

Quoting Citiboy
ECB Reaches Lower Bound on Rates- http://trendersgame.com/2014/06/05/d...ound-on-rates/
My Best Trade is Next Trade!
  • #902,803
  • Jun 5, 2014 11:32am Jun 5, 2014 11:32am
Quoting gatorinla
{quote} i dont know. i see 3502 as a LM and 3600 as a um.. the 4h closes in 40m. so i dont want to think. if i did want to think, we would start a candle open 3600 or +. then close that candle below 3502..before bears have a party
Today is a bullparty already. Imho do not try to stop a racing herd off bears running to the exit. Fact is that their is a big reversal in the trend. Just let the short squeeze run before going short again.
  • #902,804
  • Jun 5, 2014 11:33am Jun 5, 2014 11:33am
Quoting Vachus
{quote} Citi, i haven't read the statement yet - but i think the " lower bound" was limited to the deposit rate not all .. so, for accurancy reasons you should consider the title " Rate" not " Rates". I might be wrong though, but the Q&A is not out yet.

They cant cut one without the other, the corridor between the two has to be maintained for money markets to function. The refi rate cant be equal to or below the deposit rate.
Twitter: @TrendersGame
  • #902,805
  • Jun 5, 2014 11:33am Jun 5, 2014 11:33am
I prefer Mikado sticks on screen

Quoting e061578
{quote} Did you saw the picture and READ the post! Those lines were drawn yesterday before the move happened... don't be jeaslous! Plus I just showed you my analisys.. I put it in a picture for god sakes! what else you want? It's a break of a trendline, calculated levels, that I bet you don't know how to do, and price respecting this levels.
My Best Trade is Next Trade!
  • #902,806
  • Jun 5, 2014 11:37am Jun 5, 2014 11:37am
Quoting Citiboy
{quote} They cant cut one without the other, the corridor between the two has to be maintained for money markets to function. The refi rate cant be equal to or below the deposit rate.
He can cut the Refi rate without the depo, like the last three cuts. He still have 25 basis points on the Refi, and 40 basis on the marginal! But in any case, he was talking only about deposit rates - since it's the only one in negative ... it's up to you!
"It's the Margin, Stupid."
  • #902,807
  • Jun 5, 2014 11:40am Jun 5, 2014 11:40am
Short on 6 positions
3640-3616
If shorting makes me a Muppet so be it
as long as my hand is doing the talking
http://renaissanceronin.files.wordpr...07/kermit2.jpg
In trading, you have to be defensive and aggressive at the same time
  • #902,808
  • Jun 5, 2014 11:40am Jun 5, 2014 11:40am
My opinion is the trend or direction tend to be relative, but this everyone knows. The question is are we always aware of this and how do we protect our account if we were wrong?
That is the question you need to solve before you trade.
GRU Capital
  • #902,809
  • Jun 5, 2014 11:42am Jun 5, 2014 11:42am
Im looking for 1.3680 / 1.3730 to exit my protected long for today... entry 1.3508

I think at these mentioned levels we will either see a retrace to go higher (swing) or all the way back down, after the above mentioned levels i am not sure (although i do hope we go much higher as i still hold 2 underwater long position which feels like i have been holding forever).

NFP tomorrow will also have its say but the consensus is not great there so this can be only good for longs till the data is released.

Im done now for today, GL to all!
Cheers!!
  • #902,810
  • Jun 5, 2014 11:43am Jun 5, 2014 11:43am
Quoting aahmad29
Before ECB strategy and captured TP after ECB. For those who thinks that Price will go up, i will wait and my pending long order is waiting for it otherwise i have already collect profit +35. {image} {image}
After closing two short positions at +35 and +40 pips, my pending long position is active and closed at +15 pips.
Love for all; Hatred for none.
  • #902,811
  • Jun 5, 2014 11:44am Jun 5, 2014 11:44am
Quoting Vachus
{quote} He can cut the Refi rate without the depo, like the last three cuts. He still have 25 basis points on the Refi, and 40 basis on the marginal! But in any case, he was talking only about deposit rates - since it's the only one in negative ... it's up to you!


the last three cuts were from higher levels. at minimum the difference needs to be 0.25%. so this isnt a problem until now. its a mechanics issue, but was also discussed in the last couple of meetings by Coene. Theres a question specifically on this at the May q&a if i recall

http://www.efxnews.com/story/23933/e...it-rate-tandem
Twitter: @TrendersGame
  • #902,812
  • Jun 5, 2014 11:45am Jun 5, 2014 11:45am
Muppet
Quoting Davit
Short on 6 positions 3640-3616 If shorting makes me a Muppet so be it {image}
My Best Trade is Next Trade!
  • #902,813
  • Jun 5, 2014 11:48am Jun 5, 2014 11:48am
Quoting DNTme
{quote} good call on AUDCHF
Closed +320pips on both G/CHF and A/CHF
In trading, you have to be defensive and aggressive at the same time
  • #902,814
  • Jun 5, 2014 11:52am Jun 5, 2014 11:52am
Have you guys looked at the weekly candle? Impressing!
  • #902,815
  • Jun 5, 2014 11:54am Jun 5, 2014 11:54am
Quoting MAM.Trader
Muppet {quote}
You talking to me?

http://www.musicbanter.com/avatars/1...ine=1375292423
In trading, you have to be defensive and aggressive at the same time
  • #902,816
  • Jun 5, 2014 11:56am Jun 5, 2014 11:56am
Quoting aahmad29
If you guys recall your memory of the moment of last NFP, it was same kind of stop loss hunting. Just before rate cuts market started and moved 100 pips and then came back to same point where market was before rate cuts. I would call it brilliant hunting by big players.
So why not following the "hunt"?
Ever thought about how much money you could earn wagering against yourself?
  • #902,817
  • Jun 5, 2014 12:00pm Jun 5, 2014 12:00pm
Quoting FibsWork4Me
{quote} So why not following the "hunt"?
Better strategy set limits buys or sells where you anticipate price to fluctuate 100pips away usually then seat and relax
You are guaranteed almost to be triggered.
This is how you trade news .Doing this live is hard because spikes come very quick and wide spreads plus execution delay.
In trading, you have to be defensive and aggressive at the same time
  • #902,818
  • Jun 5, 2014 12:00pm Jun 5, 2014 12:00pm
if I'm not wrong your post quoted
Quoting Davit
{quote} You talking to me? {image}
My Best Trade is Next Trade!
  • #902,819
  • Jun 5, 2014 12:02pm Jun 5, 2014 12:02pm
Quoting Davit
{quote} Better strategy set limits buys or sells where you anticipate price to fluctuate 100pips away usually then seat and relax You are guaranteed almost to be triggered. This is how you trade news.
You are 1000% correct Davit. Yet, say someone predicted this move on eur/usd. All prior support and resistance were never accumulated nor bounced off of. As todays bounce from the buy side was a daily pivot, and so was todays low.
Ever thought about how much money you could earn wagering against yourself?
  • #902,820
  • Jun 5, 2014 12:07pm Jun 5, 2014 12:07pm
Quoting FibsWork4Me
{quote} So why not following the "hunt"?
I am not that good in predicting movement of price but i am good in reading and acting on charts. I found two areas and it was safe for me to add pending positions. I did not know that price will come back to same level but i did not forget the moment of last NFP so my pending long position was there to grab some pips.

As soon as i found that chart is in undecided area, i closed my long position.
Love for all; Hatred for none.
446 traders viewing now