EURUSD | Page 48098 | 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

  • #961,941
  • Feb 19, 2015 5:46pm Feb 19, 2015 5:46pm
Spmetimes is fun to read a bit from the past. This treat have a nice history


Quoting PipKiller
{quote} Hope you were not trading the EUR/CHF with a leveraged account like that 3 weeks ago. I wonder how many accounts were blown out as she blew past stops with major slippage. Wonder how many traders owe their brokerage money because they couldn't close the positions and margin calls fast enough. 1000 pips 3 hrs. The Swiss National Bank put a floor on this pair at 1.2000. She ain't coming back anytime soon... mabey never... SNB said this is the bottom and they can buy all the euros they need to buy to keep it above 1.2000 Trading without stops...
  • #961,942
  • Feb 19, 2015 5:50pm Feb 19, 2015 5:50pm
I see a possible EU short from 1373 into 1325-35 within asian session. Then a spike from 1325-35 to 1385 during EU, those would be my last trades of the week.
Everyone can see the chart, but only a few can actually read it.
  • #961,943
  • Edited 6:06pm Feb 19, 2015 5:56pm | Edited 6:06pm
Quoting ill_be_back
Pending BUY GJ 183.305
OUT
Pending SHORT 183.570
A good trader follows his rules, but great trader knows when to break them
  • #961,944
  • Feb 19, 2015 6:11pm Feb 19, 2015 6:11pm
Quoting rjtn
What do people most likely see coming up, a move lower to 1260/1120 or higher again 1450/1500? Daily for me says up, so i can only trade that way
Hmm , Good advice given , keep the leverage low and small positions if thinking only long, 1st is an example of a bearish pennant, 2nd current eur chart, draw your own conclusions. Me, my money is on the downside as it has been , looking for 1.1130 area again , beyond that the length of the current bear flag pole puts it around parity lol, common to get a false break the opposite way its going 1st, at any rate it only takes a couple clicks to change directions. Buckle up traders and good luck all looks like things could get active here .
Attached Image (click to enlarge)
Click to Enlarge Name: example.jpg Size: 34 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Noname.jpg Size: 208 KB
  • #961,945
  • Feb 19, 2015 6:13pm Feb 19, 2015 6:13pm
Quoting sisse
{quote} perspective as beauty is in the eye of the beholder ... For those using vertical levels [trendlines, channels, etc] instead of horizontal levels [support/res etc], the same expanding triangle some can see in whatever intraday small TF to the upside, can mean a confirmed break down of the consolidation pennant (or whatever is the name) confirmed in daily today for a continuation down... The only difference is that smaller TFs patterns CANT be seen in larger Tfs ...and thats why, most of the time [if not always], small traders that oversee...
Looks like a coiling spring getting ready to make a big move. Which way is yet to be seen but my money is to the downside. There's a lot of accumulation going on at these levels and sooner or later the bulls (retails who are providing liquidity) will lose the fight, as by design.
  • #961,946
  • Feb 19, 2015 6:37pm Feb 19, 2015 6:37pm
Iam going short to 1.1280 .. if the price break this level and closed iam going short again to 1.1116 keep in your mind that iam not expert and my english is kinda poor too and i apology for that
  • #961,947
  • Feb 19, 2015 6:39pm Feb 19, 2015 6:39pm
Quoting gatorinla
{quote} i dont know.. we took 1425.. i am reluctant to get in heavy till we get to test some of the norm again 1418/1533. with that 1425 break pointing above 1533.. the sad part is, i was on with heavy scalps twice at 1447.5.. with a 1452 stop.. and closed with 12/15 pips. i would like 1475 or 79, better yet near 1533
bears need to take -1333 and -1319... larger setup is bearish under 1534. within the setup is a st 156x/84 setup. with the closes today indicating lower..so we should be able to get against/near the risk (1333 or 1319) if one wants to take a shot at the 156x attempt.. just a pip or 2 from 1333.x or 1319.x may be a place to consider. stops can be just below the one u chose. 4-5 pips risked is all that would be needed to play.. bears still have the 1073 valid target, its below a very large # 1209 and the smaller 1279... so far the bounce has only been 3xx pips above 1209.. longs are counter..
those who can, do. those who cant, talk about those who can
  • #961,948
  • Feb 19, 2015 6:56pm Feb 19, 2015 6:56pm
Quoting tomas.v
From technical and fundamental perspective EURUSD should go down, but it would be too easy , rationality doesn't rule this market.
Nice trading bro.
  • #961,949
  • Feb 19, 2015 7:00pm Feb 19, 2015 7:00pm
Quoting pbylina
{quote} Nice trading bro.
And you believe that? Santa Claus is Real
  • #961,950
  • Feb 19, 2015 7:06pm Feb 19, 2015 7:06pm
Quoting gatorinla
{quote} bears need to take -1333 and -1319... larger setup is bearish under 1534. within the setup is a st 156x/84 setup. with the closes today indicating lower..so we should be able to get against/near the risk (1333 or 1319) if one wants to take a shot at the 156x attempt.. just a pip or 2 from 1333.x or 1319.x may be a place to consider. stops can be just below the one u chose. 4-5 pips risked is all that would be needed to play.. bears still have the 1073 valid target, its below a very large # 1209 and the smaller 1279... so far the bounce has...
1209
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 31 KB
those who can, do. those who cant, talk about those who can
  • #961,951
  • Feb 19, 2015 7:12pm Feb 19, 2015 7:12pm
final "men" the next hour, no need to watch trade, already pending at both levels
Inserted Video
those who can, do. those who cant, talk about those who can
  • #961,952
  • Feb 19, 2015 7:16pm Feb 19, 2015 7:16pm
Analysis EUR / USD Pairs, Friday, February 20th, 2015

at the picture below we can see that occured sideways pattern within the last 5 days in this pair
and move within a limited range, when will this sideways end actually nobody knows,,
but at least we have the clear boundaries right?,,
static level that would be the point of observation we today can be seen in the image below

happy trading guys
Attached Image (click to enlarge)
Click to Enlarge Name: aaa.png Size: 85 KB
  • #961,953
  • Feb 19, 2015 7:27pm Feb 19, 2015 7:27pm
Quoting ill_be_back
{quote} OUT Pending SHORT 183.570
might be few more north Im thinking maybe 400 pip
If you are new to Forex? Say Goodbye to your account!!
  • #961,954
  • Feb 19, 2015 7:32pm Feb 19, 2015 7:32pm
Just a matter of time till EU gets hammered. and GU will follow. No escaping the dollar strength m8s
  • #961,955
  • Feb 19, 2015 7:38pm Feb 19, 2015 7:38pm
Quoting sisse
{quote} perspective as beauty is in the eye of the beholder ... For those using vertical levels [trendlines, channels, etc] instead of horizontal levels [support/res etc], the same expanding triangle some can see in whatever intraday small TF to the upside, can mean a confirmed break down of the consolidation pennant (or whatever is the name) confirmed in daily today for a continuation down... The only difference is that smaller TFs patterns CANT be seen in larger Tfs ...and thats why, most of the time [if not always], small traders that oversee...
This statement is apparently not entirely correct, in actual fact it only reflects on the competency level of that particular trader who actually view this trading conviction as such.
As a accomplished forex trader, one must know and Understand all time frames regardless of whatever patterns or what not. The key is the prevailing trend Thrust/Breakout, Pullback, and Retracement Price Levels which in all cases will be breached no matter how the price move. When any of the above occurs, the ONE and ONLY concern should be whether those price levels which are breached will continue to hold or not. In 70% of the time price fails to hold and hence one will see that price actions tend to consolidate in a particular price range in the context which I mentioned above. Time Frames is irrelevant as timing is determined only by fundamentals and current economic events.

This post of mine is made not to refute the statement made by the author or to be condescending But rather a personal effort on my part to enhance the veracity of this very challenging and difficult business.
Of course I am also fully aware that my intention may be unsolicited and unwelcome of which I shall rest my case and forever keep my peace........

Good luck, cheerios and go for those green pips.....

GS
  • #961,956
  • Feb 19, 2015 7:42pm Feb 19, 2015 7:42pm
Quoting genghistar
{quote} This statement is apparently not entirely correct, in actual fact it only reflects on the competency level of that particular trader who actually view this trading conviction as such. As a accomplished forex trader, one must know and Understand all time frames regardless of whatever patterns or what not. The key is the prevailing trend Thrust/Breakout, Pullback, and Retracement Price Levels which in all cases will be breached no matter how the price move. When any of the above occurs, the ONE and ONLY concern should be whether those price...
I don't think an accomplished forex trader needs to understand all time frames, in fact I think some of the best traders don't even look at a time frame below the daily chart.
  • #961,957
  • Feb 19, 2015 7:57pm Feb 19, 2015 7:57pm
Quoting gatorinla
{quote} bears need to take -1333 and -1319... larger setup is bearish under 1534. within the setup is a st 156x/84 setup. with the closes today indicating lower..so we should be able to get against/near the risk (1333 or 1319) if one wants to take a shot at the 156x attempt.. just a pip or 2 from 1333.x or 1319.x may be a place to consider. stops can be just below the one u chose. 4-5 pips risked is all that would be needed to play.. bears still have the 1073 valid target, its below a very large # 1209 and the smaller 1279... so far the bounce has...
isn't 15664 the butt-ugly sister of 1196x, which is < 1209? just wondering if the ugly sister actually gets kissed.
  • #961,958
  • Feb 19, 2015 8:01pm Feb 19, 2015 8:01pm
Quoting Ken A
{quote} And you believe that? Santa Claus is Real
Santa is real. wtf you talking about?
  • #961,959
  • Feb 19, 2015 8:16pm Feb 19, 2015 8:16pm
Quoting Ck87
{quote} I don't think an accomplished forex trader needs to understand all time frames, in fact I think some of the best traders don't even look at a time frame below the daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: george-bush-chaussure.jpg Size: 29 KB
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #961,960
  • Feb 19, 2015 8:24pm Feb 19, 2015 8:24pm
Quoting OnlineAddict
I see a possible EU short from 1373 into 1325-35 within asian session.
I hope this wasn't the last spike...because my entry was missed by 0.6 pip...I will enter manually...if we spike up again.
Everyone can see the chart, but only a few can actually read it.
535 traders viewing now