EURUSD | Page 48388 | 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

  • #967,741
  • Mar 11, 2015 12:52pm Mar 11, 2015 12:52pm
Quoting Ck87
Welp, the idea of a euro short term bottom is apparently a myth. This is absurd and it won't continue much longer without a rally.
You are trading air mate. You are showing us the textbook definition of catching a macro falling knife with a tiny micro TF.... you cannot expect anything different ...maybe the old Gator signature will help you: Being on the sidelines is a valid position.

You maybe forgetting the most important option when trading (on top buy or sell) which is knowing when to STAY on the SIDELINES....

Quoting senna256
{quote} london closed an hour ago?
Its just an expression that London raised the levels leaving the board wide open after the close ....

In any case, breach 1.053x and now we have a very serious move in play thats is starting to shake the board ...

Nothing to see but watch how it pans out at the roll.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #967,742
  • Mar 11, 2015 12:53pm Mar 11, 2015 12:53pm
Quoting Ck87
This has point the point of obnoxious .. I'll go get a sex change if 1.05 isn't defended strongly in coming days.
Get ready to say good bye to your little brother
Someone whos willing to put his dick on the table as a bet will surely lose it in the end..
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #967,743
  • Mar 11, 2015 12:54pm Mar 11, 2015 12:54pm
Quoting MaxDoom
{quote} indeed, retest always the best entry for those that missed far safer than trying to jump on the move in flight
even safer than trading a break out in the first place imo
  • #967,744
  • Mar 11, 2015 12:54pm Mar 11, 2015 12:54pm
SP500 turned red and looking to close flat today. While entirely possible, I doubt it'll close down big today. Tomorrow will be a different story as we continue down to test the 150DMA and the inevitable 200DMA/2000.

What does this mean for the dollar? We're really close to the 100 level, which is huge. Once in a lifetime opportunity to make $$$ if played right in across the board.
  • #967,745
  • Mar 11, 2015 12:55pm Mar 11, 2015 12:55pm
Quoting fxtyrant
{quote} Get ready to say good bye to your little brother Someone whos willing to put his dick on the table as a bt will surely lose it in the end..
hahaha we'll see I admit i'm retarded fighting the strongest trend there is, it's pathetic and goes against all my rules.. eeeek
  • #967,746
  • Mar 11, 2015 12:55pm Mar 11, 2015 12:55pm
Quoting Pharm0r
{quote} even safer than trading a break out in the first place imo
than a breakout into new territory definately
  • #967,747
  • Mar 11, 2015 12:57pm Mar 11, 2015 12:57pm
Quoting fxtyrant
{quote} Get ready to say good bye to your little brother Someone whos willing to put his dick on the table as a bet will surely lose it in the end..
probably true.. no shot I'd get a sex change
  • #967,748
  • Mar 11, 2015 12:57pm Mar 11, 2015 12:57pm
Quoting sisse
{quote} You are trading air mate. You are showing us the textbook definition of catching a macro falling knife with a tiny micro TF.... you cannot expect anything different ...maybe the old Gator signature will help you: Being on the sidelines is a valid position. You maybe forgetting the most important option when trading (on top buy or sell) which is knowing when to STAY on the SIDELINES.... {quote} Its just an expression that London raised the levels leaving the board wide open after the close .... In any case, breach 1.053x and now we have a...
Air is what makes me money. It depends on strategy approach on it, he is clearly going from wrong angle but that doesnt mean trading air by definition is leading to potentially bad results. Air is what told me 53x will likely to see breach, you might consider air as non valuable info, but someone else might not.
  • #967,749
  • Mar 11, 2015 12:57pm Mar 11, 2015 12:57pm
In other news.. UCad just tested the highs...
  • #967,750
  • Mar 11, 2015 12:57pm Mar 11, 2015 12:57pm
Quoting Ck87
{quote} hahaha we'll see I admit i'm retarded fighting the strongest trend there is, it's pathetic and goes against all my rules.. eeeek
the interesting thing is your motivation .. if a quick buck then there is.more momentum downwards to get it, if for a leg up then with current pa it is very high risk, if for a scalp it is mad eh: devil:
  • #967,751
  • Mar 11, 2015 12:59pm Mar 11, 2015 12:59pm
Quoting MaxDoom
{quote} than a breakout into new territory definately
Max whats your current consideration regarding shorting levels if i might ask? Just wondering with current down leg and no clear inplay from your pivot approach if you are considering anything. 620 might be worth a shot.
  • #967,752
  • Mar 11, 2015 12:59pm Mar 11, 2015 12:59pm
Quoting MaxDoom
{quote} the interesting thing is your invitation.. if a quick buck then there is.more momentum downwards to get it, if for a leg up then with current pa it is very high risk, if for a scalp it is mad eh: devil:
1.08 is my first target, I think there's a chance it can go to 1.1.... but 1.08 not hit in next few weeks/months with a lot of downside from here I'll quit trading, not that I'm gonna put that much on this, it ain't that big of a trade.. Shoulda been more patient... low 1.05s or 1.05 had to get touched really.... I will say that when EU was at 1.1 I was still very bearish and think parity will come and said it would rally to around 1.15 and be a great short, I think the same now for 1.08-1.1.... No doubt I can be wrong and the market can slaughter me, it's happened before, it'll happen again. We'll see.
  • #967,753
  • Mar 11, 2015 1:00pm Mar 11, 2015 1:00pm
Quoting Ck87
{quote} 1.08 is my first target, I think there's a chance it can go to 1.1.... but 1.08 not hit in next few weeks/months with a lot of downside from here I'll quit trading, not that I'm gonna put that much on this, it ain't that big of a trade..
Why do you think it will go to 1.08?
  • #967,754
  • Mar 11, 2015 1:04pm Mar 11, 2015 1:04pm
485 will it be the end?
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #967,755
  • Mar 11, 2015 1:04pm Mar 11, 2015 1:04pm
Quoting Ck87
{quote} 1.08 is my first target, I think there's a chance it can go to 1.1.... but 1.08 not hit in next few weeks/months with a lot of downside from here I'll quit trading, not that I'm gonna put that much on this, it ain't that big of a trade.. Shoulda been more patient... low 1.05s or 1.05 had to get touched really.... I will say that when EU was at 1.1 I was still very bearish and think parity will come and said it would rally to around 1.15 and be a great short, I think the same now for 1.08-1.1.... No doubt I can be wrong and the market can...
Very good probability of a bounce from here but in forex I never say never, trading against the lows never killed anyone's account.
We watch the charts from every angle so you don't have to!!
  • #967,756
  • Mar 11, 2015 1:04pm Mar 11, 2015 1:04pm
Quoting Promachoi
{quote} Why do you think it will go to 1.08?
Purely speculative based on not much price action at that level. "Unfinished business" -- so to speak. In fact the same can be said about 1.1 and we will probably get back up there, that's where I will for sure start shorting hard again.

Part of the reason why I'm getting bullish down here is 1. tons of people who were on the wrong side and disbelievers of Euro weakness are now calling for parity. 2. the move happened a bit too fast, in my opinion. Once again, I have no crystal ball and may be wrong here... One thing is for sure, I am not removing my 1.08 target on this euro trades.
  • #967,757
  • Mar 11, 2015 1:05pm Mar 11, 2015 1:05pm
Quoting janpec1000
{quote} Max whats your current consideration regarding shorting levels if i might ask? Just wondering with current down leg and no clear inplay from your pivot approach if you are considering anything. 620 might be worth a shot.
for that info you must wait I don't have my charts here... I will post in the morning uk that is. Currently I am short and pharma said it right about retest levels... but remember volume is closing down for the day and there is always tomorrow... entry times can be as important as levels
  • #967,758
  • Mar 11, 2015 1:06pm Mar 11, 2015 1:06pm
Quoting sgkrishn
485 will it be the end?
No end.

The experts ( some ) will say some numbers and those numbers too get smashed. Do not believe in numbers, believe in trend.
Intraday only.
  • #967,759
  • Mar 11, 2015 1:07pm Mar 11, 2015 1:07pm
Well, I don't think buy EU atm is a good option. This crazy madness bearish trend is really way too strong as it can create new low without any retracement. Too bad i closed all my EU short position at 1.09 and I couldn't get any ideal price to short this beast. I would rather stay aside if I don't see any good setup and R:R trade. Technical side, EU seriously do need a retracement but the fundemental is much stronger than the technical and keep push EU lower.
  • #967,760
  • Mar 11, 2015 1:07pm Mar 11, 2015 1:07pm
Quoting janpec1000
{quote} Air is what makes me money. It depends on strategy approach on it, he is clearly going from wrong angle but that doesnt mean trading air by definition is leading to potentially bad results. Air is what told me 53x will likely to see breach, you might consider air as non valuable info, but someone else might not.
I don't understand what exactly you are talking about but if you are implying that catching macro tops or bottom when an instruments is trading fresh all time/multiple years highs/lows (meaning air) you would be bordering insanity to say the least.

That is the worst advice for 99.99% of the traders in this thread ...but hey whatever rocks your boat. It's your money.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
532 traders viewing now, 1 is registered:
F.g