EURUSD | Page 45187 | 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

  • #903,721
  • Jun 9, 2014 9:14pm Jun 9, 2014 9:14pm
Quoting KiwiTrada
{quote} more importantly coupled with yuan, only problem at this stage is geppy could take a big dump, making it real tricky right now, if happen either a and k will fly or they will finally go back into sync, been along time rogue
ppppfffttttt
If you are new to Forex? Say Goodbye to your account!!
  • #903,722
  • Jun 9, 2014 9:36pm Jun 9, 2014 9:36pm
Quoting KiwiTrada
{quote} more importantly coupled with yuan, only problem at this stage is geppy could take a big dump, making it real tricky right now, if happen either a and k will fly or they will finally go back into sync, been along time rogue
may be after franky ?

how you doing bro ?
Mohan
  • #903,723
  • Jun 9, 2014 9:44pm Jun 9, 2014 9:44pm
Shorted @ 1.3660 on post ECB's decision. Has ECB done more than what they should in terms of monetary policy? Take a good look at Monday's opening tells us of the impact of post ECB's movement. At the end of the day, I still believe EURUSD is poised to be downtrend with tonnes of measures behind waiting to be reloaded.

Here's my reasoning: http://alternateforexiew.wordpress.c...ed-whats-next/
Attached File(s)
File Type: xlsx FX Analysis - 09JUNE14 - EURUSD.xlsx   137 KB | 348 downloads
Knowledge is powerful tool that we can ever have.
  • #903,724
  • Jun 9, 2014 9:54pm Jun 9, 2014 9:54pm
Quoting Chicky
I don't know (nor do any of my five wivews and half a dozen girlfriends) where it is going next. But a stoploss just above 1.3680 and a short for a TP of 1.3500 is worth taking a chance. ps. Here are certain levels: 3652 3650 3637 3630 3562 3539 3499 {image}
3562 and 3539 before we see 3499
The Thief of Wall Street
  • #903,725
  • Jun 9, 2014 10:02pm Jun 9, 2014 10:02pm
12 hours (and counting) in parking mode, again, at the same freakin zone of 1.358-1.360... is this a support or a resistance !? what will trigger the next move ??
K.I.S.S.
  • #903,726
  • Jun 9, 2014 10:03pm Jun 9, 2014 10:03pm
Quoting Leijenberg
12 hours (and counting) in parking mode, again, at the same freakin zone of 1.358-1.360... is this a support or a resistance !? what will trigger the next move ??
Too many people are long...market needs to make them go short first, before it can go up. Its not like the banks will just give away free money. The easiest way is to spike up, make people go short...spike more up, trap more into shorts and so on...and then it will just keep going up.
Everyone can see the chart, but only a few can actually read it.
  • #903,727
  • Jun 9, 2014 10:19pm Jun 9, 2014 10:19pm
Quoting KiwiTrada
{quote} ppppfffttttt
very much a non event!
"Don't get caught trading wheat in the corn pit"
  • #903,728
  • Jun 9, 2014 10:21pm Jun 9, 2014 10:21pm
Quoting OnlineAddict
{quote} Too many people are long...market needs to make them go short first, before it can go up. Its not like the banks will just give away free money. The easiest way is to spike up, make people go short...spike more up, trap more into shorts and so on...and then it will just keep going up.
Which is the opposite of what it did yesterday. So without a spike up, it will keep on dropping to 1.35.
You reap what you sow.
  • #903,729
  • Jun 9, 2014 10:22pm Jun 9, 2014 10:22pm
Quoting OnlineAddict
{quote} Too many people are long...market needs to make them go short first, before it can go up. Its not like the banks will just give away free money. The easiest way is to spike up, make people go short...spike more up, trap more into shorts and so on...and then it will just keep going up.
hahah yea! .. but parking mode only cools down the trap! .. i already took a step aside, closed my shortey (and seriously planning to place a long but thats another story)
K.I.S.S.
  • #903,730
  • Jun 9, 2014 10:23pm Jun 9, 2014 10:23pm
Quoting Leijenberg
12 hours (and counting) in parking mode, again, at the same freakin zone of 1.358-1.360... is this a support or a resistance !? what will trigger the next move ??

.............. then we raise our heads, also our voices to claim this market is not random.
The Thief of Wall Street
  • #903,731
  • Jun 9, 2014 10:24pm Jun 9, 2014 10:24pm
Quoting NorthTrader
{quote} Which is the opposite of what it did yesterday. So without a spike up, it will keep on dropping to 1.35.
The big spike up will happen when most people are convinced about finally going short without worries and a SL. Won't take long...people already call low numbers here. I don't think we will see 1.35 again...thats when Draghi's buddies went long, they wouldn't want a drawdown.
Everyone can see the chart, but only a few can actually read it.
  • #903,732
  • Jun 9, 2014 10:34pm Jun 9, 2014 10:34pm
Quoting Chicky
{quote} .............. then we raise our heads, also our voices to claim this market is not random.
it is random sometimes, not random other times... but in a randomly way you know
K.I.S.S.
  • #903,733
  • Jun 9, 2014 10:46pm Jun 9, 2014 10:46pm
Quoting Leijenberg
{quote} it is random sometimes, not random other times... but in a randomly way you know
It is always random. The only exceptions are the bounces at key levels. Sometimes there may not be bounces but just straight cut through these key levels. Therefore, it is always random, always. Then we look at the chart and see the patterns as they appear. There can be 1,000 possible patterns at any given level, all visible only after the fact. We accept it or not, what walks like a duck and talks like a duck is a duck and not an Italian female model.
The Thief of Wall Street
  • #903,734
  • Jun 9, 2014 11:02pm Jun 9, 2014 11:02pm
Quoting Chicky
{quote} It is always random. The only exceptions are the bounces at key levels. Sometimes there may not be bounces but just straight cut through these key levels. Therefore, it is always random, always. Then we look at the chart and see the patterns as they appear. There can be 1,000 possible patterns at any given level, all visible only after the fact. We accept it or not, what walks like a duck and talks like a duck is a duck and not an Italian female model.
Drink it with a grain of salt

http://1.bp.blogspot.com/__-VqHaqUX2...ed%2BWater.jpg
The Thief of Wall Street
  • #903,735
  • Jun 9, 2014 11:05pm Jun 9, 2014 11:05pm
Quoting Chicky
{quote} Drink it with a grain of salt {image}
cant die yet, my destiny is to be a forex master, and catch 'em all
K.I.S.S.
  • #903,736
  • Jun 9, 2014 11:11pm Jun 9, 2014 11:11pm
Quoting Leijenberg
{quote} cant die yet, my destiny is to be a forex master, and catch 'em all
Then, it is important to understand what the word Master means.

There are always certain basic principles behind anything. In science, these principles come from nature. In arts, these principles are set by men.
A good scientist or a good artist is the one who know application of these principles. Master of science cannot be anyone except nature, but the master of arts is the one who sets these principles, challenges them and sets new ones.

The school I went to has this slogan. "We don't teach rules of business ........... we make them".
The Thief of Wall Street
  • #903,737
  • Jun 9, 2014 11:21pm Jun 9, 2014 11:21pm
For those who are interested
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDNZD.PNG Size: 26 KB
Click to Enlarge Name: EURJPY.PNG Size: 18 KB
Click to Enlarge Name: gbpcad.PNG Size: 31 KB
Attached Images
  • #903,738
  • Jun 9, 2014 11:22pm Jun 9, 2014 11:22pm
Quoting torontobboy2
For those who are interested {image} {image} {image} {image} {image}
Last one is NZD USD not EURJPY
  • #903,739
  • Jun 9, 2014 11:33pm Jun 9, 2014 11:33pm
EURUSD for those who will say this is EURUSD thread
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.PNG Size: 22 KB
  • #903,740
  • Jun 9, 2014 11:48pm Jun 9, 2014 11:48pm
someone just pm me a private message asking my view on euro and my prediction 13805 this week so will post and take out one or two posts for everyone to view - Daily predicitions would be at the bottom butremember if we rise the Euro will blow though your little scalp 20 resistances as it would be bullish if it leaves the station from this point but i have not ruled it out as per the writing of it coming down further as dollardid not get too 88 but is at the 1st layer of resistance but many bears will be camped at 88 for the dollar:

'we are at support on Euro and at Resistance on dollar. However, The pin 50% retrace on dollar would have it near 87 some 27 pips off so Euro could potentially still go down. Also if Dollar gets to 87 then it would hit the old pivot reversal zone and would hit Monthly R1.. using Symmetry (Measuring the original move down) then placing it at 87 would have it
drop to doo Monthly Support 1 and bottom of the overall swing coming in at the 78.6 fib of the overall move and creating an inverse Head and Shoulders there too and to be fair looks good and could still happen.

However, if price goes off from here and drops on the USd and there's reasons too as well, the using symmetry as one toll we would piush straight to 79900 and that would put us ion the pivot reversal zone which I would be quite content with and is very possible, although its a pivot reversal this I would not expect to reverse the whole way as expect price to come down too 7973 then 7940 and maybe 7920's in USD.

Also if price goes up too that 88 area on USD then the 50% wick on Euro suggests 1.3570 but I would prefer too see Euro at 1.3538 when USD is at 88 if possible, looks much better on the graph and Weekly S! is at 1.3538 on EURO... would like to see 1.3538 then take it too 1.3770

If however, Euro rises from here then it could just go up to 1.3770.... as it will be very bullish if goes from here as USD would not have made its correct retracement being 88. That means the intraday stuff will get broken and this is where I've learnt my lessons as used to trade both ways all the time before, remember turning 4k into 51k in less than 6 weeks, of course had no discipline back then but reason I moved abroad to get the discipline and to become a professional etc.

Anyway, if it goes up, it will be fierce as it will be very bullish and the chart looks like a running correction which means sharp thrusts to the upside.

I would have it look like this:

Tuesday
current 1.3690 up to 1.3744
1.3744 down too 1.3608
1.608 up to 1.3688
1.3688 down to 1.3644
1.3644 up to 1.3705 (end of the day)

Wednesday
1.3705 down to 1.3670
1.3670 up to 1.3722
1.3722 down to 1.3658
1.3658 up to 1.3749/54 (End of the day)

Thursday
1.3749/54 down to 1.3686
1.3686 up to 1.370/77

Friday
1.3770/77 down to 1.3708
1.3708 up to 1.3805
402 traders viewing now