EURUSD | Page 45255 | 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

  • #905,081
  • Jun 18, 2014 10:33am Jun 18, 2014 10:33am
Good day to all traders :-). My opinion is we cant reach 1,3580 at this moment and tommorow we can reach like 1,3520 but we will not break 1,3500 propably ... still divergency 1,3520 -- 1,3580 so GOOD LUCK ! holding shorts about 1,370
"I'm not answering stupid questions."
  • #905,082
  • Jun 18, 2014 10:40am Jun 18, 2014 10:40am
hey guys, here's my analysis for today. Price is slowly moving up. I have drawn a line based on the 4 hour chart @1.3600. Here's my thought. Volatility from the news today will drive the price to my expected price point After price goes through 1.3600 and come back down through this point again I will sell with stop loss 30 pips above the high made. Looking to take profit @1.3535 or lower. My final expected TP will be weekly fib @ 1.3230 for a long term trade. Feast your eyes!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd06142014.jpg Size: 154 KB
  • #905,083
  • Jun 18, 2014 10:40am Jun 18, 2014 10:40am
Quoting lancedes
http://economistsview.typepad.com/ti...c-preview.html < Very, very good inside view article about what to expect this evening, I've post it before 2 days ago but I don't know if all of you read it. Cheers and green pips !
It's difficult for the Fed to do/say anything that will make eurusd go up at present. The ecb has done all the talking down that it possibly could have. And the usd on the other hand has its shoe on the other foot, in that things can only take on a more hawkish stance than the present one. It would be difficult for sentiment to be more dovish after tonight's shenanigans. The Fed can only talk the usd up rather than down, in the present state. Hence eurusd will either stabilise where she is in the short to medium term or head down to the 13500 mark. I don't believe yellen / fomc can cough up any rhetoric that would send it below 13500 in the short to medium term. So, I see a potential 70 to 100 pip fall this eve before long and continued consolidation once more. Or no move at all, post event.[/quote]

Do not agree in this. US has their own problems and they also need a lower currency. They want to talk the USD down
  • #905,084
  • Jun 18, 2014 10:41am Jun 18, 2014 10:41am
Quoting theodoros1
{quote} I thought that everyone here post his own opinions. and of course most of them are wrong, otherwise everyone would win and not only the 10%. thanks god you belong to the 10% dude. I am looking forward to read your predictions.
Predictions? lol

I'm reacting to the price, i don't make predictions

And taking a trade right before FOMC people must either be new to trading, or trade with monkey money.
Make money by doing the opposite of Giveachance aka loser
  • #905,085
  • Jun 18, 2014 10:45am Jun 18, 2014 10:45am
Quoting nessus94
{quote} Predictions? lol I'm reacting to the price, i don't make predictions And taking a trade right before FOMC people must either be new to trading, or trade with monkey money.
Ha! well I'll play it with my monkey money then! I have my analysis for the fomc news today! stand by!
  • #905,086
  • Jun 18, 2014 10:47am Jun 18, 2014 10:47am
Quoting e061578
{quote} Ha! well I'll play it with my monkey money then! I have my analysis for the fomc news today! stand by!
Good luck

If you can predict price will go to 1.3600 then head back down to 1.3535 and below, why not playing Lotto? Its cheaper and more rewarding

And No stop loss needed
Make money by doing the opposite of Giveachance aka loser
  • #905,087
  • Jun 18, 2014 10:51am Jun 18, 2014 10:51am
Quoting nessus94
{quote} Predictions? lol I'm reacting to the price, i don't make predictions And taking a trade right before FOMC people must either be new to trading, or trade with monkey money.
oh! I must be in deep s**t then
  • #905,088
  • Jun 18, 2014 10:51am Jun 18, 2014 10:51am
Quoting nessus94
{quote} Predictions? lol I'm reacting to the price, i don't make predictions And taking a trade right before FOMC people must either be new to trading, or trade with monkey money.

Can you please tell me the difference with actingto a price and make predictions?
  • #905,089
  • Jun 18, 2014 11:00am Jun 18, 2014 11:00am
Quoting MarianneOslo
{quote} Can you please tell me the difference with actingto a price and make predictions?
Quoting nessus94
{quote}I'm reacting to the price, i don't make predictions
I predict he will react to the upward price movement around FOMC with a buy that he will get slippage on
then when price quickly reverses he will react again by exiting the long for more slippage and going short with slippage
then he will panic on the next upward movement go long and get more slippage
all before watching it slip.. and he will be three times a loser....

this is what trading major news release only on price reaction will do......

edit: he just put me on ignore, it seems he can't take the same kind of comments he dishes out
Attached Image
  • #905,090
  • Jun 18, 2014 11:02am Jun 18, 2014 11:02am
Quoting MaxDoom
{quote} {quote} I predict he will react to the upward price movement around FOMC with a buy that he will get slippage on then when price quickly reverses he will react again by exiting the long for more slippage and going short with slippage then he will panic on the next upward movement go long and get more slippage all before watching it slip.. and he will be three times a loser.... this is what trading major news release only on price reaction will do......
Well said!
  • #905,091
  • Jun 18, 2014 11:04am Jun 18, 2014 11:04am
Might cut risk back some before FOMC... got dollar longs against pretty much everything.

Should be a very interesting press conference. Anyone riding it out with everything bet? lol
Twitter: @TrendersGame
  • #905,092
  • Jun 18, 2014 11:07am Jun 18, 2014 11:07am
Quoting Citiboy
Might cut risk back some before FOMC... got dollar longs against pretty much everything. Should be a very interesting press conference. Anyone riding it out with everything bet? lol
I will be in the bar, so no definitely not everything
  • #905,093
  • Jun 18, 2014 11:09am Jun 18, 2014 11:09am
Quoting MaxDoom
{quote} {quote} I predict he will react to the upward price movement around FOMC with a buy that he will get slippage on then when price quickly reverses he will react again by exiting the long for more slippage and going short with slippage then he will panic on the next upward movement go long and get more slippage all before watching it slip.. and he will be three times a loser.... this is what trading major news release only on price reaction will do...... edit: he just put me on ignore, it seems he can't take the same kind of comments he dishes...
I put you on ignore weeks ago dude....telling you why will be too long and will end up with a ban (you can't argue with an old member it seems)

And i don't trade FOMC so all you said is pure BS, keep your beautiful words to to someone who started trading forex.
Make money by doing the opposite of Giveachance aka loser
  • #905,094
  • Jun 18, 2014 11:10am Jun 18, 2014 11:10am
Quoting MaxDoom
{quote} oh! I must be in deep s**t then
Do what you want with your money
Make money by doing the opposite of Giveachance aka loser
  • #905,095
  • Jun 18, 2014 11:10am Jun 18, 2014 11:10am
Quoting MaxDoom
{quote} I will be in the bar, so no definitely not everything


Always keep a few bucks for beer eh?


I am pretty high conviction on a hawkish FOMC, especially now that the new guys are in (Fischer). However I trade with high leverage and tight stops and dont want to ride along for the whipsaw party. Lets see how we look by 1:30pm and I will decide...


Any other FOMC thoughts from everyone?
Twitter: @TrendersGame
  • #905,096
  • Jun 18, 2014 11:12am Jun 18, 2014 11:12am
Quoting MarianneOslo
{quote} Can you please tell me the difference with actingto a price and make predictions?
Ask Elliot waves guys or mofu guys who can give levels to be hit and reverse to the pip (lol) within weeks.

Trading price action is when you see a setup, you buy where is the actual price (or sell), like Max does.

There is difference between reaction and predictions
Make money by doing the opposite of Giveachance aka loser
  • #905,097
  • Jun 18, 2014 11:13am Jun 18, 2014 11:13am
What are we all thinking today, as Im pretty lost on which direction realistically. We didn't break 3500 on the spike a while back, but havent gotten over 3600 since the spike was faded back down.

We still have a test of the yearly low. Maybe my setup for today is if we end up hitting that low of 3480 or so, then I will look to setup a possible long. If it pops higher over 3600, then I will add to my shorts through 3660 or so.

After that I would be feeling some pain and would then work on deleveraging if price actions continues higher.

My view is short first to 3400's, then long for a week or two, then short again through the summer until 3300 or so.
  • #905,098
  • Jun 18, 2014 11:16am Jun 18, 2014 11:16am
Quoting nessus94
{quote} Ask Elliot waves guys or mofu guys who can give levels to be hit and reverse to the pip (lol) within weeks. Trading price action is when you see a setup, you buy where is the actual price (or sell), like Max does. There is difference between reaction and predictions

A reaction is also an prediction because is it based on something in the past giving a result in the future
  • #905,099
  • Jun 18, 2014 11:17am Jun 18, 2014 11:17am
Quoting Citiboy
{quote} Always keep a few bucks for beer eh? I am pretty high conviction on a hawkish FOMC, especially now that the new guys are in (Fischer). However I trade with high leverage and tight stops and dont want to ride along for the whipsaw party. Lets see how we look by 1:30pm and I will decide... Any other FOMC thoughts from everyone?
I am with you for hawkish but even if the data is flat so long as they taper the pressure on EU will continue to the downside.
  • #905,100
  • Jun 18, 2014 11:19am Jun 18, 2014 11:19am
Quoting MarianneOslo
{quote} A reaction is also an prediction
During a reaction you react on something.

How can you predict a price will hit a resistance or support before it happens? When i react to it, i wait for the price to reach a resistance or support then i sell or buy the rejection, i react to what happened.

See my point?
Make money by doing the opposite of Giveachance aka loser
399 traders viewing now, 1 is registered:
Yaruki