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  • Post #941,081
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  • Dec 4, 2014 10:43am Dec 4, 2014 10:43am
  •  cedrich2005
  • Joined Dec 2013 | Status: Gold Member | 130 Posts
Quoting gatorinla
Disliked
{quote} looks like a pre nfp pump to me. those are pretty normal before.
Ignored
any good entry for short??
in God i trust
 
 
  • Post #941,082
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  • Dec 4, 2014 10:43am Dec 4, 2014 10:43am
  •  Devonsent
  • | Joined Nov 2012 | Status: Member | 459 Posts
Quoting fxmasterdxb
Disliked
{quote} bro i have 2245 as the "exact number" where the pair should retrace but remember in forex we always talk about "zones" rather than exact figures. In the current case, EU went all the way to 1.2278 (as per my broker feed) which is not very far away from 1.2245, for me this is sufficient as a "zone" of retrace. Hope i made my argument clear, at the end you have to follow your own analysis All the best
Ignored
I hear that
 
 
  • Post #941,083
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  • Dec 4, 2014 10:44am Dec 4, 2014 10:44am
  •  Vermillion
  • Joined Apr 2014 | Status: Scalper / Swing Trader | 1,417 Posts
Rise and shine, FxTyrant! Your beloved 1.2420 awaits you

 
 
  • Post #941,084
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  • Dec 4, 2014 10:45am Dec 4, 2014 10:45am
  •  Didgeridoo
  • | Joined Oct 2012 | Status: Eating potato chips | 629 Posts
Quoting Liam0530
Disliked
trailing stop got hit at 180 pips profit.. great week in the books waiting for draghis comments to fizzle out before entering another short.. so far have it set at 1.25 but will adjust.. let it fizzle out first.. dollar is a yo yo right now across the board
Ignored
Looks like it's knocking on a support turned resistance right now. (~ 1.2420)
 
 
  • Post #941,085
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  • Dec 4, 2014 10:46am Dec 4, 2014 10:46am
  •  Magicmen
  • Joined Sep 2012 | Status: Member | 2,811 Posts
Quoting TheNoob
Disliked
{quote} im not a fibonacci fan too, im only Learning it...here i posted only fibonacci levels with PP daily (pivot point) S1 R1 etc... retracement is something else, it is only with 38.2 50 61.2 & extension is 138.2 161.8 if it reject the retrace... here i post graphic with retracement... we only made 50% {image}
Ignored
I am 101% Fiboite.
 
 
  • Post #941,086
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  • Dec 4, 2014 10:47am Dec 4, 2014 10:47am
  •  TheSwede
  • | Joined Apr 2010 | Status: Muppet Extraordinary | 806 Posts
Quoting Vermillion
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Rise and shine, FxTyrant! Your beloved 1.2420 awaits you
Ignored
Its 1.2415
 
 
  • Post #941,087
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  • Dec 4, 2014 10:47am Dec 4, 2014 10:47am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,219 Posts
Quoting justin7
Disliked
{quote} basically i trade resistance turning to support support turning to resistance after a break of either
Ignored
i had 2344 looking left where it broke out for me so i already won shed load of pips but go out too early so waited and entered on the pull back to that number,plus 1 more ,, now it has gone over my line ,need to see where next,,so we do the same thing but just in a different way,,gl regards E
Attached Image (click to enlarge)
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Name: eur.png
Size: 65 KB
 
 
  • Post #941,088
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  • Dec 4, 2014 10:47am Dec 4, 2014 10:47am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 92,826 Posts
Quoting fxmasterdxb
Disliked
{quote} bro i do agree with you it is a possibility, but as a trader who has been in the market in a while you do know that when everyone tends to be bearish and calling for continuation, the PA "manipulated with the big players" tends to surprise and move the other direction! Anyway the above argument could be right and could be wrong, but the trendlines never lie Wish you all the best
Ignored
no arguments here either. it looks like it could be at 222x before it hits. whats your # there ?.. i have a pretty reliable (never 100%) setup for 2125.. but in it, going to 2599 is in its range. dragis mentioned oil inflation (less inflation because of oil drop) and employment as a negative. . so he has room to ease a lot more. another untested line at 2104ish
those who can, do. those who cant, talk about those who can
 
 
  • Post #941,089
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  • Dec 4, 2014 10:47am Dec 4, 2014 10:47am
  •  cspip
  • | Joined Aug 2009 | Status: Member | 1,871 Posts
1.2436 maybe the high for today....
 
 
  • Post #941,090
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  • Edited 11:01am Dec 4, 2014 10:48am | Edited 11:01am
  •  tunera
  • | Commercial Member | Joined Sep 2005 | 2,784 Posts
Quoting gatorinla
Disliked
{quote} looks like a pre nfp pump to me. those are pretty normal before.
Ignored
The nfp used to be an important event before and during the fed qe (for obvious reasons).
Now that the fed qe is finished, nfp not going to have the same impact it used to have on the market.

The big guys now are Draghi and his team, and today he made his move.
I doubt nfp can reverse the current up momentum, however we never know..
 
 
  • Post #941,091
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  • Dec 4, 2014 10:48am Dec 4, 2014 10:48am
  •  TheNoob
  • | Membership Revoked | Joined Oct 2014 | 871 Posts
Quoting Vermillion
Disliked
Rise and shine, FxTyrant! Your beloved 1.2420 awaits you
Ignored
Ask him how goes his Fundamentals... here i only See ECB opposite of QE...Up move.
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
 
 
  • Post #941,092
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  • Dec 4, 2014 10:50am Dec 4, 2014 10:50am
  •  ffleo
  • | Membership Revoked | Joined May 2013 | 7,946 Posts
Quoting ffleo
Disliked
{quote} the closer uj moves to 120, the more bullish euro gets. wait for a big up move of euro when uj gets close to 120
Ignored
do not forget about UJ, folks
ignore wackos and psychos, including myself. But I can't add myself to iggy
 
 
  • Post #941,093
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  • Dec 4, 2014 10:50am Dec 4, 2014 10:50am
  •  JustAndy
  • Joined Jun 2014 | Status: Full time retard | 1,561 Posts
Well...maybe the news that starting today China's economy is no1 and US went to 2nd place gave the bulls some wings...
Why sell the bottoms when you can buy the tops...
 
 
  • Post #941,094
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  • Dec 4, 2014 10:52am Dec 4, 2014 10:52am
  •  ffleo
  • | Membership Revoked | Joined May 2013 | 7,946 Posts
Quoting ffleo
Disliked
{quote} do not forget about UJ, folks
Ignored
besides ECB and BOJ, there is still the FED out there
ignore wackos and psychos, including myself. But I can't add myself to iggy
 
 
  • Post #941,095
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  • Dec 4, 2014 10:52am Dec 4, 2014 10:52am
  •  TheNoob
  • | Membership Revoked | Joined Oct 2014 | 871 Posts
Quoting Magicmen
Disliked
{quote} I am 101% Fiboite.
Ignored
y we spike upper the R3 & 61.8% ...not looking good the down trend...
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
 
 
  • Post #941,096
  • Quote
  • Dec 4, 2014 10:52am Dec 4, 2014 10:52am
  •  elbert3
  • Joined Dec 2013 | Status: Member | 19,219 Posts
Quoting elbert3
Disliked
cad will be 1800 soon
Ignored
IN CAD 1800 TARGET
 
 
  • Post #941,097
  • Quote
  • Dec 4, 2014 10:55am Dec 4, 2014 10:55am
  •  san99
  • | Joined Jan 2014 | Status: Member | 658 Posts
Quoting TheNoob
Disliked
{quote} Ask him how goes his Fundamentals... here i only See ECB opposite of QE...Up move.
Ignored
But there's also strong inverse action going on between E/U and U/J?
Enter Signature
 
 
  • Post #941,098
  • Quote
  • Dec 4, 2014 10:55am Dec 4, 2014 10:55am
  •  pedro319
  • Joined Jul 2013 | Status: Form follows function | 2,003 Posts
Quoting pedro319
Disliked
{quote} EURUSD Price completed all targets H4 ABCD's, a bounce would be only logical from here, however there are still targets on the downside for larger timeframe patterns namely larger ABCD D1 or if you want H4 AB=CD at 1.2190 which is my last target before we enter second part of the this move. I will try within possible to sell rallies and I am interested in 1.2420-50 area upon rejection. All details here: http://www.forexfactory.com/showthre...80#post7894080 {image} {image}
Ignored
EURUSD
ABCD H4 working well, time to wait for Sell signal on H4 or even H1 upon nice rejection.
Attached Image (click to enlarge)
Click to Enlarge

Name: EUR ABCD DOWN (1).png
Size: 179 KB
Fibonacci will make you rich
 
 
  • Post #941,099
  • Quote
  • Dec 4, 2014 10:56am Dec 4, 2014 10:56am
  •  Zircon
  • Joined Apr 2011 | Status: Free Palestine.. | 1,563 Posts
M.Draghi reverse it again.
If skills could be acquired by watching, every dog would be a butcher. Turk
 
 
  • Post #941,100
  • Quote
  • Dec 4, 2014 10:57am Dec 4, 2014 10:57am
  •  fxmasterdxb
  • Joined May 2012 | Status: Senior Member | 2,503 Posts
Quoting gatorinla
Disliked
{quote} no arguments here either. it looks like it could be at 222x before it hits. whats your # there ?.. i have a pretty reliable (never 100%) setup for 2125.. but in it, going to 2599 is in its range. dragis mentioned oil inflation (less inflation because of oil drop) and employment as a negative. . so he has room to ease a lot more.
Ignored
well i do have a range between 1.2225 - 1.2245 where i initially expected EU to bounce back, heck i had a sell limit @ 1.2385 before euro interest rate and draghi speech, but breaking the low and retracing hard up more than 100 pips made me cancel my sell limit and jump on the bull train!

"if" PA breaks today's low tomorrow after the nfp but for sure my argument will not be valid anymore!

Anyway, I'm scaling in and out my positions in EU, will consider closing before nfp and reassess the market after the event to decide further.
 
 
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