EURUSD | Page 45399 | 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

  • #907,961
  • Jul 1, 2014 2:13am Jul 1, 2014 2:13am
Quoting math_GB
{quote} So much truth that it hurts...! @Max 4H and/or Daily would be great mate... Many thanks in advance...
H4 is in the primary target based on current momentum and probably due a pullback to 1.6950/1.7010 zone before it can get much further

Daily is making new multi-year highs so cannot compute it is destroying my computer...... To the upside daily is also due a correction for continuance and to the downside we should look at H4 scenario first as it will have less error

edit: I assume you went long in December 2012 as per my chart right?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-sbH4 2014 Jul 01 A.png Size: 10 KB
  • #907,962
  • Jul 1, 2014 2:15am Jul 1, 2014 2:15am
Quoting Fx_Anil
EURUSD continued observing the ascending trend line after sustaining the break out of descending trend line. The EU CPI couldn't hurt the strength of the pair, signaling the upward continuation towards 1.3670, 1.3680 and 1.3690, breaking which 1.3715 and 1.3730 can become important resistance to watch. On the downside, 1.3640, 1.3625 and 1.3600 are likely to to become important support levels for the pair. {image}

Ascending trend line continued playing its tunes on H4 chart of EURUSD. 1.3675- 70 becomes important support to pullback the pair towards 1.3650 and 1.3615 which is closely followed by 1.3600 support, breaking which the pair can test 1.3580 and 1.3550 levels. On the upside, 1.3700 and 1.3715 becomes immediate resistances.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 39 KB
  • #907,963
  • Jul 1, 2014 2:17am Jul 1, 2014 2:17am
Quoting Davit
{quote} June has been my worse month.Still up but I have good chunk DD which negates any gain. DD mostly is on NU and less on GU I must give time for these pairs to come down to reality.Both extreme overbought Regards
This post is so dangerous and contradicting to all your post regarding trading psychology that I had to ask you Davit why???
Navin also have been giving time to Cable, more less since a year, You are trying to short currency with highest interest rate among others and the other with solid macro and rates expected (and confirmed by CB) to rise soon, I am not criticizing your trading style, but constant bashing well trending market and at the same time telling fresh folks about trading psychology.
Remember that you are a senior member here.
swing it!
  • #907,964
  • Jul 1, 2014 2:26am Jul 1, 2014 2:26am
Quoting MaxDoom
{quote} H4 is in the primary target based on current momentum and probably due a pullback to 1.6950/1.7010 zone before it can get much further Daily is making new multi-year highs so cannot compute it is destroying my computer...... To the upside daily is also due a correction for continuance and to the downside we should look at H4 scenario first as it will have less error edit: I assume you went long in December 2012 as per my chart right? {image}
Thanks mate, makes perfect sense what your 4H chart is showing.
I am naturally long GBP for obvious reasons
  • #907,965
  • Jul 1, 2014 2:27am Jul 1, 2014 2:27am
Quoting math_GB
{quote} hyvää huomenta...
Sabah iyi
Wherever you go, there you are.
  • #907,966
  • Jul 1, 2014 2:28am Jul 1, 2014 2:28am
Quoting tomspin
{quote} This post is so dangerous and contradicting to all your post regarding trading psychology that I had to ask you Davit why??? Navin also have been giving time to Cable, more less since a year, You are trying to short currency with highest interest rate among others and the other with solid macro and rates expected (and confirmed by CB) to rise soon, I am not criticizing your trading style, but constant bashing well trending market and at the same time telling fresh folks about trading psychology. Remember that you are a senior member here....
Criticism well taken
I have flaws that I need to work on.Yesterday's bull drive caught me off guard.I am looking for correction to get out.
Not going to hold on to losers.As you know nothing is going straight up.
Even 100pips correction would get me out even with minor profit.When it looks its going to the moon like EU at 3950 (most folks were predicting numbers 1.42-44) and then it nose dived 350 pips.
171 GU to me is overkill considering no interest rate has been raised.Wont surprise me to see 6850 by end of July.
regards
In trading, you have to be defensive and aggressive at the same time
  • #907,967
  • Jul 1, 2014 2:29am Jul 1, 2014 2:29am
Quoting Vachus
{quote} Both targets were reached, now it's better - but not necessary - to reach the major resistance level in the next two days, so you can have a decent pull back ...
In case MM - Market morons - decide to pull back before $$1.374 is reached, i'm gonna rise my target to $1.380 something ...
"It's the Margin, Stupid."
  • #907,968
  • Jul 1, 2014 2:34am Jul 1, 2014 2:34am
Quoting MaxDoom
so price made it to the target zone, question is will it retest the high now? month end flows should be done and imo there is a good chance that it will attempt a retest before being taken down. I still have a small long in play but mainly focused on looking for a short entry ideally 1.3720 area {image}
back to EU.. I bought this again @ 3681 looking for that top test currently it is test H4-PP
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-sbM5 2014 Jul 01 A.png Size: 14 KB
  • #907,969
  • Jul 1, 2014 2:43am Jul 1, 2014 2:43am
However, because of the recent bullish momentum which have continued and price closed above 1.3670 on the daily chart yesterday, it would be a bullish sign that could lead to a continuation of this recent move higher and the market is likely to close above 1.3730 or even more.
  • #907,970
  • Jul 1, 2014 2:44am Jul 1, 2014 2:44am
The Candles - #10
Attached Image (click to enlarge)
Click to Enlarge Name: Number 10.png Size: 52 KB
  • #907,971
  • Jul 1, 2014 2:47am Jul 1, 2014 2:47am
LMAO...thanks MD
Why sell the bottoms when you can buy the tops...
  • #907,972
  • Jul 1, 2014 2:52am Jul 1, 2014 2:52am
Quoting MaxDoom
The Candles - #10 {image}
"It's the Margin, Stupid."
  • #907,973
  • Jul 1, 2014 2:56am Jul 1, 2014 2:56am
Long EU 13685 looking for 720, GU 17103 looking for 183
A pip is only worth it if you know how much you risked to earn it
  • #907,974
  • Jul 1, 2014 3:05am Jul 1, 2014 3:05am
Quoting vlady1974
Long EU 13685 looking for 720, GU 17103 looking for 183
are you serious buying cable from 171 ????
wondering wht is your sl
  • #907,975
  • Jul 1, 2014 3:11am Jul 1, 2014 3:11am
Common barbie, i want to see 1.3600 (..joke..)
  • #907,976
  • Jul 1, 2014 3:12am Jul 1, 2014 3:12am
Quoting Nan-ook
Common barbie, i want to see 1.3600 (..joke..)
What's your average price?!
"It's the Margin, Stupid."
  • #907,977
  • Jul 1, 2014 3:14am Jul 1, 2014 3:14am
Quoting Vachus
{quote} What's your average price?!
Margin call
  • #907,978
  • Jul 1, 2014 3:16am Jul 1, 2014 3:16am
Quoting Nan-ook
{quote} Margin call
GTK
"It's the Margin, Stupid."
  • #907,979
  • Jul 1, 2014 3:17am Jul 1, 2014 3:17am
Quoting MaxDoom
{quote} let's start with the monthly...... 1.7330/1.7850 is a preferred zone but I want you to compare this chart to the one I post in December 2012 http://www.forexfactory.com/showthre...00#post6313600 {image}
so doomman is saying 1.7330 on the cable which means I have to close my last shorts on the cable and switch to kiwi or euro
  • #907,980
  • Jul 1, 2014 3:17am Jul 1, 2014 3:17am
Quoting Vachus
{quote} GTK
God Trade Killer?
438 traders viewing now