EURUSD | Page 47581 | 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

  • #951,601
  • Jan 18, 2015 8:23am Jan 18, 2015 8:23am
Quoting ill_be_back
{quote} Not in to Fundi myself, But we r in DT in higher TF & I am seeing a possible 88 on the Daily And this {image}
Yes, sentiment change ... I also saw that 57 % of the clients of my broker are short Yen according to their site.
Fix up, trade sharp ...
  • #951,602
  • Jan 18, 2015 8:30am Jan 18, 2015 8:30am
Quoting ill_be_back
{quote} I have a Small SHORT from Friday did not come DOWN as much as i expected But will close today and place a pending short higher up 179.445
im starting to think XXX/JPY pair really go south on monday or even a week (exclude retracement). on friday, EU has blown away to its lowest level for more than a decade at level 1.1459. on the last few hours to the weekly close, eu do some correction for more than 100 pips. it drives EJ too to close high. think about this, EU and UJ supposed to be in a negative correlation, but the correlation turns into positive on friday which is quite strange (EU up and UJ up makes jpy kicked so hard). last friday pump for all xxx/jpy pair looks like its just profit taking as weekly going south further due to SNB bomb. if eu keep do the correction ahead to ecb conference, UJ must be follow the previous negative correlation instead of positive, means UJ more correction.
  • #951,603
  • Jan 18, 2015 8:40am Jan 18, 2015 8:40am
Quoting Ken A
{quote} Not strange EURUSD x USDJPY = EURJPY EURJPY ÷ EURUSD = USDJPY EURJPY ÷ USDJPY = EURUSD
What u have for GJ next
A good trader follows his rules, but great trader knows when to break them
  • #951,604
  • Jan 18, 2015 8:46am Jan 18, 2015 8:46am
Quoting ill_be_back
{quote} What u have for GJ next
Can't predict - things are changing everyday

Technically, find the closest support/resistance
  • #951,605
  • Jan 18, 2015 8:54am Jan 18, 2015 8:54am
Quoting Ken A
{quote} How is SNB affecting UJ negatively? CHFJPY was up {image}
4:30 PM GMT+7 when SNB libor rate released at -0.75%, UJ down from 117.91 continue to 115.8x, while CHFJPY goes north. GJ follows UJ instead of CHFJPY which down from 179.5 continue to 175.8x.
  • #951,606
  • Jan 18, 2015 8:56am Jan 18, 2015 8:56am
there is a chance that market overestimated the size of incoming QE. Draghi disappointed markets many times already and ECB interventions were mainly vocal than real. I am afraid that falling oil prices can hinder ECB from expanding with QE too much.
  • #951,607
  • Jan 18, 2015 8:57am Jan 18, 2015 8:57am
Quoting Ken A
{quote} Not strange EURUSD x USDJPY = EURJPY EURJPY ÷ EURUSD = USDJPY EURJPY ÷ USDJPY = EURUSD {image}
daily correlation sets UJ and EU in negative
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB
  • #951,608
  • Jan 18, 2015 8:59am Jan 18, 2015 8:59am
Quoting Ken A
{quote} Can't predict - things are changing everyday Technically, find the closest support/resistance
Had a good level & Missed by 2.7 pip Entered market order got a healthy bounce of about 60pip but dint close still green
Lets see what happens
Like u say things r changing everyday

Quoting ill_be_back
{quote} S/O Lost a few, Next Pending sell at 178.350, SL a few above, TP 174.786 (Final Target before BOJ) {quote}
A good trader follows his rules, but great trader knows when to break them
  • #951,609
  • Jan 18, 2015 9:02am Jan 18, 2015 9:02am
Quoting Tom_D_Trader
{quote} Think Draghi is doing his best. Sure, he may have some side goals (I suspect he is nationalistic and secretly boosts Italy, see, since he is president, out of PIIGS remained mainly Greece and Spain. Noone talking bout Italy anymore.) Politicians are terrible cowards! I know perhaps you will laugh but I really like that Nigel Farage guy. If I were in European commission, think I would behave just like him . I would be screaming so loud at those feckers! I know, he is a politician, as all of them, but imo much more sound then the rest. Problem...
I agree he is doing his best, and he is playing his role. I really don't envy him. He must know that he is the emperor with no clothes, and he has to smile and deliver. Trying to convince the germans (which is tough, believe me...), doling out mountains of cash to people who don't even say thank you, trying to cover for lazy politicians. I liked this video where the guy stated the cb-banker has a license to lie. But he doesn't have to like it.. Honestly (apart from my lacking other qualifications of course): I couldn't do it, must be very difficult to look into the mirror at the morning.
I guess Jordan is a lot happier at the moment. He hit rock bottom, now getting all the abuse, but probably relieved after knowing for at least a year that what he did everyday was wrong.

Europe can't keep the euro, and believe me, I'm very sorry to say that. I have always been a great sentimental supporter of the idea. But now this currency is exposing all the cracks in the EU and driving it apart. I don't buy anymore that disbanding the euro is bad. In the short term: yes, definitly. but in the long run its better if we get our stuff together and fix whats causing this mess: the discrepancy between the powerful EU organizations and the people, the lack of democratic oversight, the backroom politics. In short 'no taxation without representation'.

Well, end of rant...
Fail better.
  • #951,610
  • Jan 18, 2015 9:04am Jan 18, 2015 9:04am
Quoting Pharm0r
"Maybe I'll try longing the euro at 0.00 for a few pips" Some others: "Short till 0, then reassess"
Classics .
Inserted Video
"I know one thing, that I know nothing." Sokrates
  • #951,611
  • Jan 18, 2015 9:12am Jan 18, 2015 9:12am
Quoting LarryDarrell
Europe can't keep the euro, and believe me, I'm very sorry to say that. I have always been a great sentimental supporter of the idea. But now this currency is exposing all the cracks in the EU and driving it apart. I don't buy anymore that disbanding the euro is bad. In the short term: yes, definitly. but in the long run its better if we get our stuff together and fix whats causing this mess: the discrepancy between the powerful EU organizations and the people, the lack of democratic oversight, the backroom politics. In short 'no taxation without...
Man dont be so sad. You are prolly older than me right? I promise my generation will fix it. Think older people - mean, guys who lived their young and adult age during Iron curtain, tend to overestimate those cultural differences. Unfortunately those are the people at power now and the result is what you see. None of those feckers is willing to sacrifice a bit for his fellow Europeans. But we young dont do that, we cooperate. I believe we can make it work say in 15 years or so, no worries .
"I know one thing, that I know nothing." Sokrates
  • #951,612
  • Jan 18, 2015 9:12am Jan 18, 2015 9:12am
Quoting Ken A
{quote} Alright. Trade it if you see fit.
anw, maybe my eyes goes blur-er than you. whats your sentiment for UJ in the upcoming week? up or down?
  • #951,613
  • Jan 18, 2015 9:21am Jan 18, 2015 9:21am
Quoting Tom_D_Trader
{quote} Man dont be so sad. You are prolly older than me right? I promise my generation will fix it. .
Maybe 10-15 years, in the prime of life, as they say.... Nice generational contract you are offering, we have a deal!
Basically I'm still a huge fan of Europe and the concept of EU, and I'm living in a place were my neighbours are from all over europe and the world. So of course there is hope. But at the moment I think we have to cut our losses with the euro-idea in order not to spoil the idea of the union. But enough of that, probably very boring to 'listen' to some political bullshit.
Enjoy the rest of the weekend!
Fail better.
  • #951,614
  • Jan 18, 2015 9:26am Jan 18, 2015 9:26am
Quoting ill_be_back
{quote} Had a good level & Missed by 2.7 pip Entered market order got a healthy bounce of about 60pip but dint close still green Lets see what happens Like u say things r changing everyday {quote}
I have this area on the down side but need to watch GU movement

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 88 KB
  • #951,615
  • Jan 18, 2015 9:37am Jan 18, 2015 9:37am
Quoting Ken A
{quote} I have this area on the down side but need to watch GU movement {image}
I have 174.67x as my next touch level on the DOWN side
Only thing to see is will this go DOWN from here or go to 179.25x - 44x before DOWN
A good trader follows his rules, but great trader knows when to break them
  • #951,616
  • Jan 18, 2015 9:48am Jan 18, 2015 9:48am
Quoting Ken A
{quote} Can't predict - things are changing everyday Technically, find the closest support/resistance
heard uj was covered to buffer the losses on xxxchf.
  • #951,617
  • Jan 18, 2015 9:51am Jan 18, 2015 9:51am
Quoting ill_be_back
{quote} I have 174.67x as my next touch level on the DOWN side Only thing to see is will this go DOWN from here or go to 179.25x - 44x before DOWN
Down is more imminent for GU due to EURGBP - higher probability for GJ to touch support

Just personal opinion, don't trade on it.

Quoting 21vs7
{quote} heard uj was covered to buffer the losses on xxxchf.
That too - but without total known volume long or short covering all we have is just guessing. But for sure money is flowing into CHF atm. in anticipation of EUR or someone knows something about ECB on Jan 22
  • #951,618
  • Jan 18, 2015 9:56am Jan 18, 2015 9:56am
Quoting Ken A
But for sure money is flowing into CHF atm.
Actually thinking of bet CZK/USD vs CZK/CHF. Have some in USD, think to convert it to CHF as no matter what decision, CHF and CZK more correlated than CZK USD. Kinda hedge, just to cover portfolio in CZK value.
"I know one thing, that I know nothing." Sokrates
  • #951,619
  • Jan 18, 2015 10:00am Jan 18, 2015 10:00am
Quoting Tom_D_Trader
{quote} Actually thinking of bet CZK/USD vs CZK/CHF. Have some in USD, think to convert it to CHF as no matter what decision, CHF and CZK more correlated than CZK USD.


czk is secondary currency.
i wouldnt buy chf at this point. not at this levels. not in this situation. that is for sure.
concerning your czk income. yeah, sell it ag eur - longterm. especially if greeks allow that
  • #951,620
  • Jan 18, 2015 10:01am Jan 18, 2015 10:01am
Quoting Tom_D_Trader
{quote} Actually thinking of bet CZK/USD vs CZK/CHF. Have some in USD, think to convert it to CHF as no matter what decision, CHF and CZK more correlated than CZK USD.
Don't you think CHF is too expensive after 40% appreciation?

I am looking to sell CHF buy USD but very cautious here pending Jan 22
179 traders viewing now