EURUSD | Page 46838 | 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

  • #936,741
  • Nov 19, 2014 2:06am Nov 19, 2014 2:06am
KGP depends on your broker and account type

EDIT: But you only make the mistanke with EURCHF once. Same reason I only go long on AUDJPY.
  • #936,742
  • Nov 19, 2014 2:08am Nov 19, 2014 2:08am
Quoting KGP
{quote} even if they do its not going to be "now" so need to close the 1.27-28-29 area for good and then move rock bottom... seems the market and the "technical guys" want it to get finished with it...thats my "sense" thats why even here you will see everyone moaning regarding going atm long .... noone disagrees that trend...only the way its going to be "followed" btw whats the swap on the eurchf...
on pepperstone as my broker
hmm im right now holding a -4.06 USD swap on a 0.2 lot long EURUSD.
entered the trade on the 14th.
3 business days... 3 swap days... sooo 4.06 usd divided by 3 makes 1.35 USD... per day
given 0.2 lot long on EURUSD is 2dollar-ish per pip....

swap is 1.35USD/2USD... thats like 2/3 of a fuckign pip...
EURUSD is charged at 1/3 of a pip so there you go.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,743
  • Nov 19, 2014 2:09am Nov 19, 2014 2:09am
Quoting FoZzyBoy
KGP depends on your broker and account type

yours? and why does it depend on the broker? (account type i can understand in case you have an Islamic one)
  • #936,744
  • Nov 19, 2014 2:10am Nov 19, 2014 2:10am
Quoting KGP
{quote} yours? and why does it depend on the broker? (account type i can understand in case you have an Islamic one)
because some brokers mark-up their swap rates... making you lose out on swap despite holding AUD USD long on the interbank rate ur supposed to pocket that 2.5% interest differential....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,745
  • Nov 19, 2014 2:15am Nov 19, 2014 2:15am
Quoting fxtyrant
{quote} not so bright then... :/
if only the stop was a little wider that could be a very bright idea
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #936,746
  • Nov 19, 2014 2:16am Nov 19, 2014 2:16am
Quoting fxtyrant
{quote} 0.8750 is the "soft stop" area if i have to consider taking a loss.
right yesterdays high was 8745, but there must be something below there that might more important, I just cant find it...perhaps 8691...
Look Sharp/Trade Tight
  • #936,747
  • Nov 19, 2014 2:19am Nov 19, 2014 2:19am
might be a tad of r here in cable at 5671/72...
Look Sharp/Trade Tight
  • #936,748
  • Nov 19, 2014 2:19am Nov 19, 2014 2:19am
Quoting PayTheLimit
{quote} right yesterdays high was 8745, but there must be something below there that might more important, I just cant find it...perhaps 8691...
as i was saying 0.8750 would only trigger me to think if i should keep holding or not.. turns out it didnt even trigger my thought process yesterday....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,749
  • Nov 19, 2014 2:20am Nov 19, 2014 2:20am
Quoting ffleo
{quote} if only the stop was a little wider that could be a very bright idea
see why i dont use "hard stops"??
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,750
  • Nov 19, 2014 2:22am Nov 19, 2014 2:22am
Quoting fxtyrant
{quote} because some brokers mark-up their swap rates... making you lose out on swap despite holding AUD USD long on the interbank rate ur supposed to pocket that 2.5% interest differential....
What he said ^^.

KGP, actually I didnt know the reason, just knew that it some cases it does. I think that some brokers have different prices for rollover depending on if your standard or have a premium brokerage. But I agree that in basic it shouldnt. Heres a price sheet from IronFx

http://www.ironfx.com/en/trading-products/forex
  • #936,751
  • Nov 19, 2014 2:24am Nov 19, 2014 2:24am
need to find eggs, and bacon, and such....
Look Sharp/Trade Tight
  • #936,752
  • Nov 19, 2014 2:24am Nov 19, 2014 2:24am
Quoting jcb94
{quote} So you think the FOMC could respond to good EUR data with positive USD hints that start the EUR/USD heading down again? This consolidation period is really annoying me
well the fed did get concerned that global growth would threaten the US economy and that they wont want to raise rates too early....

soo heres the concern....

from now to Q2 2015
theya re looking at this...

unemployment figures = Green light for easing.
global growth = red light < - if this turns yellow, we'll be 1/3 green light....
Inflation = yellow light

current stance = yellow
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,753
  • Nov 19, 2014 2:31am Nov 19, 2014 2:31am
s you can see EUR has returned right back above WPP and broken through 50% http://www.forexpeacearmy.com/forex-...lossarlink.gif resistance level on hourly chart. This makes possible further upside continuation. Today we've taken fresh view on 4-hour chart and found that it is not unrealistic to get, say, 1.618 3-Drive "Sell" here. IT has the same target as upside AB=CD pattern. Besides, it coincides with daily harmonic swing destination and untested MPP around 1.2640 area:
http://images.forexpeacearmy.com/Wee...h_19_11_14.png
So, right now market could show shy retracement back to WPP and turn to creation of next butterfly "Sell".
If price will break through 1.2440 lows again, then this scenario will be vanish and again, downward contination will become more probable.



Credits: http://www.forexpeacearmy.com/forex-...21-2014-a.html
  • #936,754
  • Nov 19, 2014 2:46am Nov 19, 2014 2:46am
just keep your 2 eyes open on UJ. If it retrace down from now on, what do you do?
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #936,755
  • Nov 19, 2014 2:47am Nov 19, 2014 2:47am
Quoting ffleo
{quote} UJ daily with 10 year market profile {image}
keep your two eyes open on UJ
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #936,756
  • Nov 19, 2014 2:49am Nov 19, 2014 2:49am
Quoting FoZzyBoy
{quote} What he said ^^. KGP, actually I didnt know the reason, just knew that it some cases it does. I think that some brokers have different prices for rollover depending on if your standard or have a premium brokerage. But I agree that in basic it shouldnt. Heres a price sheet from IronFx http://www.ironfx.com/en/trading-products/forex

well the issue is that even if its "pitty" money...its your money...and it has recently started to bother me when i joined a new broker for a test and by accident i saw great differences on the swaps... (one negative the other positive on the same type and size of position on same pair!)

and instead of going like fxtyrant... saying look we do it because of this...they started saying its because of interbank rates etc...

anyway

eurchf swaps i had heard in the past were as high as 6eur/lot thats why i never traded it... and usually is a slow mover...so just to cover your swap costs you need to have action and of course a positive one... otherwise if you start playing the swing game (like i usually do) or keep it overweekends/weds than your are difficult to break even
  • #936,757
  • Nov 19, 2014 2:53am Nov 19, 2014 2:53am
Quoting ffleo
just keep your 2 eyes open on UJ. If it retrace down from now on, what do you do?
it will retrace...just a matter of time and will retrace hard (at this stage) before getting back ahead...

the irony is that the eurusd hasnt moved according to u/j on the upward side... but will "follow" it i believe on the downward one...
  • #936,758
  • Nov 19, 2014 3:14am Nov 19, 2014 3:14am
Hi Elders,
I am new here...
Greeting to all here, nice to see all your sharing...

How do guy think about EURUSD, it keeps going up since yesterday even though US got very good news
  • #936,759
  • Nov 19, 2014 3:42am Nov 19, 2014 3:42am
i wonder...
indicators are now favours to the bull, but as we all know or for people who uses parabolic... people use parabolic to place their stop loss. im pretty sure its looking attractive to kill those bull's stop losses below
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 186 KB
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #936,760
  • Nov 19, 2014 3:42am Nov 19, 2014 3:42am
Quoting hapoy
Hi Elders, I am new here... Greeting to all here, nice to see all your sharing... How do guy think about EURUSD, it keeps going up since yesterday even though US got very good news
That's because the market is in a correction. Basically, the price moved too far down for the liking of market movers (especially the E.U.), so we're seeing a temporary rise in EUR/USD. It's still guaranteed to fall to the 1.22 levels, but the question is WHEN. Will it be in a week? 2 weeks? Who knows.

The European Union as a collective whole is NOT doing well. You might have a few bright pockets in countries like Germany, but ask anyone living in Europe and they will tell you that it's not doing so well. The E.U. and and other investors don't want to see the Euro collapse in prices so rapidly. But with the FOMC meeting coming up in the next 7 hours and 20 minutes as of this speech, we might see a small movement down in preparation for a possible smashing of the Euro by the dollar. But no one can really tell.

I'd recommend you grab small longs on the USD/JPY and the GBP/JPY, and buy smaller longs every time the price dips. They're more profitable, predictable, and more importantly, faster.

But then again that's just my preference, given that I hate trading against fundamentals. Especially during late game market corrections like the EUR/USd. Some say the correction ends 1.27~1.28, others are looking 1.30+. My bets are at the former (or even lower prices), simply because this movement has nothing substantial in the long term to back it up but desperation.

Edit: If prices make a significant breach of 1.2450, we've a very good chance of seeing 1.2400 and possibly even 1.2370 (i doubt it'll breach this mark before going back up temporarily).
196 traders viewing now