EURUSD | Page 46307 | 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

  • #926,121
  • Sep 24, 2014 10:44pm Sep 24, 2014 10:44pm
Quoting Matts Micro
{quote} Yup, ok the full story has been posted now and the news has been downgraded from high to medium impact. ForexLive (source) was to blame.
If you check the annotation at the bottom and also the time at the top, it is meant to deceive the readers. What Thursday they are talking about? There is no date, plus they quoted euro's current rate with the news? Why the fuck they need to do that?. It is just to create some movement in the market and retailers to go short. I am now more sure about my longs.
The Thief of Wall Street
  • #926,122
  • Sep 24, 2014 10:45pm Sep 24, 2014 10:45pm
As usual on a day like this,, Asia breaks the low, hence we have a funny day ahead
the MOFU's will not let us get a good trade today

If they don't turn here for now, even 2746 wont hold during the rest of the day. IMO
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #926,123
  • Sep 24, 2014 10:51pm Sep 24, 2014 10:51pm
Quoting Chicky
{quote} I have my own reasons to go long, also my own reason not to close longs soon after downward break. If you have your own reasons and they follow your money management rules, go ahead. My account grew 10 times in a few months. So far I have lost only two weeks' gains on this long. It is still 6 times of my original equity ........... and the biggest reason....... this is a fuckin' demo account.
Lol
Forex as Leverage
  • #926,124
  • Sep 24, 2014 10:53pm Sep 24, 2014 10:53pm
lol
the true currencies here is patience and react precisely
  • #926,125
  • Sep 24, 2014 10:54pm Sep 24, 2014 10:54pm
zooming out to the monthly charts, the Euro has been quite bearish for a long time.
I suspect it will continue to devalue..

big long extended moves down, then up a little leg, then down a extended move, then up a little..
read- BEAR market.

I profited on both longs and shorts in the past year, but more losses on longs.. maybe like many others trading EU.
of course most of us may not trade monthly or weekly TF, but the charts don't lie.

1.2 might happen given a few months.. just my opinion..
  • #926,126
  • Sep 24, 2014 11:02pm Sep 24, 2014 11:02pm
Quoting Chicky
{quote} If you check the annotation at the bottom and also the time at the top, it is meant to deceive the readers. What Thursday they are talking about? There is no date, plus they quoted euro's current rate with the news? Why the fuck they need to do that?. It is just to create some movement in the market and retailers to go short. I am now more sure about my longs.
There maybe something in the wind. UJ has the potential to break downside with a double top for a decent pullback, also watching a few other hints on other pairs. Nothing in stone yet but could be a few signs of a pullback.


Disclaimer: Please read up on knife handling and safety procedures before use, not liable for lost fingers, hands or eyes.
As the lights go by so too do the shadows move
  • #926,127
  • Sep 24, 2014 11:03pm Sep 24, 2014 11:03pm
Quoting Chanlie
{quote} Lol
No laughs. I am long on my real account for the past several weeks from 1.3200, aiming at 1.3450. Will add when time is right.
The Thief of Wall Street
  • #926,128
  • Sep 24, 2014 11:09pm Sep 24, 2014 11:09pm
Quoting Chicky
{quote} No laughs. I am long on my real account for the past several weeks from 1.3200, aiming at 1.3450. Will add when time is right.
.001lot?
  • #926,129
  • Sep 24, 2014 11:13pm Sep 24, 2014 11:13pm
Quoting Corral
{quote} .001lot?
Not Exactly. One unit (1 euro or 0.00001 lots). Do you work for IRS, CRA or CBR?
The Thief of Wall Street
  • #926,130
  • Sep 24, 2014 11:21pm Sep 24, 2014 11:21pm
Quoting Chicky
{quote} Not Exactly. One unit (1 euro or 0.00001 lots). Do you work for IRS, CRA or CBR?
See if I risk $0.01 (or one cent), in 2 years can turn it to $.10 if it moves 700/800 pips. Let's calculate how much sum will be when I am 135 years. I am 91 now.
The Thief of Wall Street
  • #926,131
  • Sep 24, 2014 11:26pm Sep 24, 2014 11:26pm
Quoting Chicky
{quote} See if I risk $0.01 (or one cent), in 2 years can turn it to $.10 if it moves 700/800 pips. Let's calculate how much sum will be when I am 135 years. I am 91 now
Here is a quick calculation. I will be able to pay for my funeral

910.01
92
93 0.10
94
95 1.00
96
97 10.00
98
99 100.00
100
101 1,000.00
102
103 10,000.00
104
105 100,000.00
106
107 1,000,000.00
108
109 10,000,000.00
110
111 100,000,000.00
112
113 1,000,000,000.00
114
115 10,000,000,000.00
116
117 100,000,000,000.00
118
119 1,000,000,000,000.00
120
121 10,000,000,000,000.00
122
123 100,000,000,000,000.00
124
125 1,000,000,000,000,000.00
126
127 10,000,000,000,000,000.00
128
129 100,000,000,000,000,000.00
130
131 1,000,000,000,000,000,000.00
132
133 10,000,000,000,000,000,000.00
134
135 100,000,000,000,000,000,000.00
The Thief of Wall Street
  • #926,132
  • Sep 24, 2014 11:32pm Sep 24, 2014 11:32pm
Quoting KiwiTrada
UC bulls faltering

yea and I think I'm gonna try some shorts on this bounce up at 1.1104, risk 25ticks...
Look Sharp/Trade Tight
  • #926,133
  • Sep 24, 2014 11:39pm Sep 24, 2014 11:39pm
Quoting Chicky
{quote} Here is a quick calculation. I will be able to pay for my funeral 910.01 92 93 0.10 94 95 1.00 96 97 10.00 98 99 100.00 100 101 1,000.00 102 103 10,000.00 104 105 100,000.00 106 107 1,000,000.00 108 109 10,000,000.00 110 111 100,000,000.00 112 113 1,000,000,000.00 114 115 10,000,000,000.00 116 117 100,000,000,000.00 118 119 1,000,000,000,000.00 120 121 10,000,000,000,000.00 122 123 100,000,000,000,000.00 124 125 1,000,000,000,000,000.00 126 127 10,000,000,000,000,000.00 128 129 100,000,000,000,000,000.00...
Wow, thats a lot of number, by the way, wish you have a long live chicky, and would you think it will pullback to 1.35? As i have the same position as your at 1.32, lol

note, it doesnt matter if bear want to visit the 1.1-1.2 first and 1.35..
  • #926,134
  • Sep 24, 2014 11:55pm Sep 24, 2014 11:55pm
wow that 400 pips away why you still keep those position?.....simply close it and try better one....you really wasting your time
  • #926,135
  • Sep 25, 2014 12:36am Sep 25, 2014 12:36am
well my yesterday's analysis on EURUSD the fact that it was in range 1.28-1.2850 and that a breakout to confirm if its gona be a continuation or beginning of a retracement.
well the former was the case. it broke and confirmed close below 1.28, i had to reverse my position.... but immediate downside target i got for shorting is only down to 1.2740

60 pip profit, to cover my 40 pip loss i took yesterday. seems reasonable....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #926,136
  • Sep 25, 2014 12:57am Sep 25, 2014 12:57am
Quoting Red Alert
wow that 400 pips away why you still keep those position?.....simply close it and try better one....you really wasting your time
It depends upon the method. Some methods require few pip sls but few ask you to go from end to end. 1.3200 is almost the middle, it will go to one end and someday to the other. If it was above 1.3200 position value would have been quite different.
The Thief of Wall Street
  • #926,137
  • Sep 25, 2014 1:02am Sep 25, 2014 1:02am
Quoting Chicky
{quote} It depends upon the method. Some methods require few pip sls but few ask you to go from end to end. 1.3200 is almost the middle, it will go to one end and someday to the other. If it was above 1.3200 position value would have been quite different.
Actually looking at EURUSD recent Highs and Lows.

1.40xx highs and 1.25 lows....
1.32 = +700 pip from lows and -800 pip from highs soooooo despite 1.32 being quite middle..... R:R still points towards more profitable if ur long side at this price point.

but you got to trade forex like an investor cuz theres gona be a large drawdown.....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #926,138
  • Sep 25, 2014 1:03am Sep 25, 2014 1:03am
Quoting skyhok
{quote} Thank you for picking it up, could still be in wave III orange, you may have a better count, any idea?

see here

Quoting infinitus
let us look at EU specifically at the waves down from the 299x high there are some options to count this: a) as shown as developing impulse down - now at end of wave 3 re-break of 2826 would invalidate this count b) as ending diagonal - then the next wave 4 up should reach minimum 2834 c) the shown wave pink 1 may be the green 5 of red 3, the pink 2 may be the corresponding wave red 4 , and we are developing now the impulsive wave down of red 5 The last option I do like least, because the red 2 was short in time and retracement, so would the red...
  • #926,139
  • Sep 25, 2014 1:06am Sep 25, 2014 1:06am
Quoting gatorinla
{quote} e/chf higher and the eu is lower on the week. at the same time the usd/chf is higher (contradicting )... lots of swiss compression on the e/chf... to hold 1.2.. the market looks like it wants to find the breaking point of the swiss. the swiss put the 1.2 in place at eu 2041, since then i bet they have bought more in the past 2 years. i dont know how much euros they can buy. i dont think its unlimited.
Good morning. As you know I was referring to the picture in the quote. If I look at that 'mofu', I wonder why it is still valid. I see the indicated 0.76, and I think I understand your idea of 9/11 fucking up the picture, but nevertheless the 4539 was broken three times since then (looking at the monthly). I'm asking because I have difficulties comprehending if ever some indicated levels are voided. The small tf ones should be (and you frequently say so), otherwise the chart is and remains clustered with levels and there is no order at all. I could understand if the higher tf ones are valid longer, but like I said, this level was broken three times on the monthly... advice very much appreciated!

Regarding the swiss, I took some pictures using kenfen's mulitlinetool. The lines adjust themselves to the size of the window, so price is not acurate, the pic only shows a relation. I believe the pics underline the pressure on E/Chf, but also that there was a de-coupling of the two pairs in 2008/09.

EURCHF and EURUSD, weekly and daily:
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFWeekly und EURUSD 250914.png Size: 42 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFDaily und EURUSD 250914.png Size: 42 KB

EURCHF and USDCHF, daily: (I like to think the picture shows that we've seen much higer 'contradiction' phases)
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFDaily und USDCHF 250914.png Size: 41 KB
Fail better.
  • #926,140
  • Sep 25, 2014 1:16am Sep 25, 2014 1:16am
Quoting KiwiTrada
{quote} charts noted above are self expanitory, this is E CHF as can see that red rising tl has been respected recently, and she has now enter previous resistance so I have enter her also with 7 pip sl, I guess rr is dependent on what ratio you using 1/3 with 2 pip sl is 6 pips you can lose 3 times and succeed once to breakeven less slip and spread, pretty pointless for me, I am looking at minimum 1/7 with 7pip sl or 1/5 5pip sl 1/11 11pip sl so my rr is a lot different to yours bbl going fishing again
back from fishing and had a very good day, and just noticed forgot to post chart
Attached Image (click to enlarge)
Click to Enlarge Name: e cf 1hr.png Size: 39 KB
If you are new to Forex? Say Goodbye to your account!!
385 traders viewing now, 1 is registered:
Yaruki