EURUSD | Page 45216 | 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

  • #904,301
  • Jun 12, 2014 6:57am Jun 12, 2014 6:57am
To me, the 4H candle says it all, it also can be interpreted as a double bottom for now.

Looking for 1.3662 and 1.3745 from 1.3525, s/l at 1.3501. Total position size 1%, so it would be 6.7:1 (3.3%) and 10:1 (5%).

It's not a good trade though, even if both TP

A good trader (not an idiot like me) would have looked at 5 min. TF (second chart).

In that case, you had 2 pip s/l (without spread). That's 46:1 (23% of the account) and 80:1 (40% of the account)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Image1.png Size: 50 KB
Click to Enlarge Name: Image2.png Size: 43 KB
Visit my Drumming & Percussion Blog - DrumsCult com
  • #904,302
  • Jun 12, 2014 7:00am Jun 12, 2014 7:00am
Quoting OfWolfAndMan
{quote} As per the "textbook" it cannot be invalidated, but i'm skeptical about that one i.e. to wait for it to play short. IMO the best trade is often an entry long when st bull targets near 3832 Regarding the Spanish name, He ended up with the name 'Creativo' for his studio, I couldn't get a chance to notify since I was a bit busy lately..
Mmmm... maybe "creativa" would be better, anyway nice name

Going for the actual 50% at 1.3745.

Since we are in my chart's almost bottom line and PA didn't cross it for twice.
Visit my Drumming & Percussion Blog - DrumsCult com
  • #904,303
  • Jun 12, 2014 7:02am Jun 12, 2014 7:02am
Quoting Goodvalley
To me, the 4H candle says it all, it also can be interpreted as a double bottom for now. Looking for 1.3662 and 1.3745 from 1.3525, s/l at 1.3501. Total position size 1%, so it would be 6.7:1 (3.3%) and 10:1 (5%). It's not a good trade though, even if both TP A good trader (not an idiot like me) would have looked at 5 min. TF (second chart). In that case, you had 2 pip s/l (without spread). That's 46:1 (23% of the account) and 80:1 (40% of the account) {image} {image}

good luck on that.. prob come down too 1.3486 now then take out all stops then spring immediately too 1.3540 come bac to 1.3511 then any ones guess, longers will target 1.3572 and shorters will try and keep pushing down towards 1.3452/47
of course if goes up first then still short too 1.3486 but then the quick rebound wont happen as it will be in Asia and we could maintain shorts, much depends on what happens first, although I am sure your longs will be taken out... if we break 86 by 1 or 2 pips then we will maintain short bias bnut I expect 86 to hold on pro realtime charts.. may be diff value on other charts
  • #904,304
  • Jun 12, 2014 7:09am Jun 12, 2014 7:09am
Quoting RussJ
{quote} good luck on that.. prob come down too 1.3486 now then take out all stops then spring immediately too 1.3540 come bac to 1.3511 then any ones guess, longers will target 1.3572 and shorters will try and keep pushing down towards 1.3452/47 of course if goes up first then still short too 1.3486 but then the quick rebound wont happen as it will be in Asia and we could maintain shorts, much depends on what happens first, although I am sure your longs will be taken out... if we break 86 by 1 or 2 pips then we will maintain short bias bnut I expect...
Not denying anything of that, you may be right.

In fact I thought of 1.3485 / 62 / 38 (my levels below actual), so preparing to reload if failed.

We are not done, a decent rebound "should" be cooking. Just trying to catch it.
Visit my Drumming & Percussion Blog - DrumsCult com
  • #904,305
  • Jun 12, 2014 7:18am Jun 12, 2014 7:18am
Quoting Goodvalley
To me, the 4H candle says it all, it also can be interpreted as a double bottom for now. Looking for 1.3662 and 1.3745 from 1.3525, s/l at 1.3501. Total position size 1%, so it would be 6.7:1 (3.3%) and 10:1 (5%). It's not a good trade though, even if both TP A good trader (not an idiot like me) would have looked at 5 min. TF (second chart). In that case, you had 2 pip s/l (without spread). That's 46:1 (23% of the account) and 80:1 (40% of the account) {image} {image}
4H candle didn't close yet, 40 mins remains, 3747/5 is a good target
  • #904,306
  • Jun 12, 2014 7:27am Jun 12, 2014 7:27am
Waiting patiently for momentum to shift to the upside like it seemingly wants to.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-06-12 at 8.26.18 AM.png Size: 233 KB
There's always money in the banana stand.
  • #904,307
  • Jun 12, 2014 7:28am Jun 12, 2014 7:28am
data in 2 minutes, anyone want to guess what she will do??
If you are new to Forex? Say Goodbye to your account!!
  • #904,308
  • Jun 12, 2014 7:34am Jun 12, 2014 7:34am
Quoting KiwiTrada
data in 2 minutes, anyone want to guess what she will do??
it doesnt matter what she will do we will blame it on the weather
  • #904,309
  • Jun 12, 2014 7:39am Jun 12, 2014 7:39am
Quoting KiwiTrada
data in 2 minutes, anyone want to guess what she will do??
sell the spike
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-sbM5.png 2014 Jun 12 B.png Size: 12 KB
  • #904,310
  • Jun 12, 2014 7:41am Jun 12, 2014 7:41am
Quoting MaxDoom
{quote} sell the spike {image}
Agreed. In at 3535
  • #904,311
  • Jun 12, 2014 7:41am Jun 12, 2014 7:41am
I hate news release!
Discussion is an exchange of knowledge;argument is an exchange of ignorance
  • #904,312
  • Jun 12, 2014 7:43am Jun 12, 2014 7:43am
incoming...bulls are here!

mahna mahna....papti-bidi-bi!
fokyou forexfactory
  • #904,313
  • Jun 12, 2014 7:44am Jun 12, 2014 7:44am
Quoting lancedes
{quote} Agreed. In at 3535
Says the one who said it was time to buy....
Make money by doing the opposite of Giveachance aka loser
  • #904,314
  • Jun 12, 2014 7:44am Jun 12, 2014 7:44am
Quoting MaxDoom
{quote} sell the spike {image}
hey max, the devil is in the detail, I ask what will she do, not what will​ data print green data even flat would have destroyed this trollop, negative, argh more waiting
If you are new to Forex? Say Goodbye to your account!!
  • #904,315
  • Jun 12, 2014 7:55am Jun 12, 2014 7:55am
Quoting KiwiTrada
{quote} hey max, the devil is in the detail, I ask what will she do, not what will​ data print green data even flat would have destroyed this trollop, negative, argh more waiting
sure and I was late with my post and the reaction was in already

business inventories in an hour might help it along now we shall see
  • #904,316
  • Jun 12, 2014 8:00am Jun 12, 2014 8:00am
Looks like a bullish reversal 4hr candle about to close after sweeping a new low, nearly to 1.35.

That vanilla options level everyone was talking about is pretty far away still, but I suppose anything is possible.
Twitter: @zusch_ -- Preselecting trending pairs, stocks on a weekly basis.
  • #904,317
  • Jun 12, 2014 8:08am Jun 12, 2014 8:08am
Quoting zusch
Looks like a bullish reversal 4hr candle about to close after sweeping a new low, nearly to 1.35. That vanilla options level everyone was talking about is pretty far away still, but I suppose anything is possible.
Yes up to 1.3586 first.

And h4 is reversal on EURGBP as well, a stronger bullish setup over there.
I'm in 0.8038 with a 20 pips stop. If stop is reached then i will try again lower
Make money by doing the opposite of Giveachance aka loser
  • #904,318
  • Jun 12, 2014 8:19am Jun 12, 2014 8:19am
Iraq is under seige, Fade or Trade?

http://trendersgame.com/2014/06/12/iraqfade-or-trade/
Twitter: @TrendersGame
  • #904,319
  • Jun 12, 2014 8:19am Jun 12, 2014 8:19am
This could go to st norm 1.35277, then up.
Visit my Drumming & Percussion Blog - DrumsCult com
  • #904,320
  • Jun 12, 2014 8:36am Jun 12, 2014 8:36am
Quoting Citiboy
Iraq is under seige, Fade or Trade? http://trendersgame.com/2014/06/12/iraqfade-or-trade/
hi are you author and owner of this blog?
403 traders viewing now