EURUSD | Page 48481 | 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

  • #969,601
  • Mar 16, 2015 12:29pm Mar 16, 2015 12:29pm
1.0700 would be st bullish for the eu. as 1.0684 is the HH, but that's only confirmed if the next low is above 1.0462

A close above 1.0684 would help more than just a spike above. Closes count more.

for those of you guys that were asking last friday/weekend

If we did spike there- I'd be surprised. And I'd come back from my slumber this week and short- in that case a small stop can be used right above .68 (id go a couple pips above .70 just in case) because you would expect there not to be a HH, if there was a HH- your trade would no longer be valid, and you can get out with - a few instead of - a lot.

again- for those asking last week
  • #969,602
  • Mar 16, 2015 12:30pm Mar 16, 2015 12:30pm
Quoting MarianneOslo
http://www.zerohedge.com/news/2015-0...eek-q%E2%82%AC http://www.zerohedge.com/news/2015-0...-qe-next-month
ask zero hedge why bmw's largest plant is in the u.s. with more u.s expansion plans?
those who can, do. those who cant, talk about those who can
  • #969,603
  • Mar 16, 2015 12:31pm Mar 16, 2015 12:31pm
Quoting fxtyrant
{quote} Bad idea to make guesses
Not guesses as you think. EU movement has coincidental follow my pattern for NZD crosses, and there is more room to be covered. So, I expect EU to still long. I have not traded EU today. So according to my NZD pattern, EU will go long and probably 1.07xx is the destination.
  • #969,604
  • Mar 16, 2015 12:33pm Mar 16, 2015 12:33pm
Quoting Eur Usd
{quote} Because he's in long position
No, you are wrong. I have not traded EU this week. Have concentrated on a 100% winning pattern for NZD crosses.
  • #969,605
  • Mar 16, 2015 12:33pm Mar 16, 2015 12:33pm
Quoting Pharm0r
1.0700 would be st bullish for the eu. as 1.0684 is the HH, but that's only confirmed if the next low is above 1.0462 A close above 1.0684 would help more than just a spike above. Closes count more. for those of you guys that were asking last friday/weekend If we did spike there- I'd be surprised. And I'd come back from my slumber this week and short.
I expect the close to be between 38 5 and 50 %. See the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.png Size: 70 KB
Intraday only.
  • #969,606
  • Mar 16, 2015 12:35pm Mar 16, 2015 12:35pm
Loaded GJ short 180.00 could get in possible dd thus its smaller one.
  • #969,607
  • Mar 16, 2015 12:37pm Mar 16, 2015 12:37pm
Quoting navk
{quote} I expect the close to be between 38 5 and 50 %. See the chart. {image}
M5 is too noisy for me unless Im at s/r for an entry

Where'd you get that session indicator? Me like

Quoting gatorinla
{quote} ask zero hedge why bmw's largest plant is in the u.s. with more u.s expansion plans?
Didn't Mercedes move over here recently too? I believe it was you that posted it.

What happens when Wal-mart does it. The "made in 'murica" fan boys will lose their shit...in a good way. Domestic wal-mart a possibility? What a world.
  • #969,608
  • Mar 16, 2015 12:44pm Mar 16, 2015 12:44pm
Quoting navk
{quote} My target was 1.0600 as this was 100 HR MA. {image}
Can you send me your setup of the chart?
Enter Signature
  • #969,609
  • Mar 16, 2015 12:48pm Mar 16, 2015 12:48pm
Quoting nonlinear
Took another short, same trade, end of the hour. let's see
And I'm out before the news.
  • #969,610
  • Mar 16, 2015 12:48pm Mar 16, 2015 12:48pm
Looking back through the USD news, the only good USD news was NFP and 1 unemployment numbers report, everything else was less good than expected, which makes me wonder how much weight the FOMC will put on the "good" NFP news?

I see the path to parity as a good equity millipede opportunity!
Too close for pips, switching to points.
  • #969,611
  • Mar 16, 2015 12:49pm Mar 16, 2015 12:49pm
Quoting palinco
{quote} No, you are wrong. I have not traded EU this week. Have concentrated on a 100% winning pattern for NZD crosses.
Do tell
Do what you are afraid to do -Emerson
  • #969,612
  • Mar 16, 2015 12:51pm Mar 16, 2015 12:51pm
Quoting gatorinla
{quote} is that why consumption is down? regardless its present oil compared to present usd. both float and sink. emerging markets boosted by 40 years of oil encouraged wage economy with have the opposite effect as oil drops.. those emerging countries will have less labor influence with cheaper u.s oil.. it means less workers upcoming to buy cars etc. so less higher demand curve for oil then was projected just 5/10 years ago. if a product in china is now cheaper to produce in the u.s. it will no longer be produced in china. those workers in china...
Well I must say, there are a few incorrect assumptions and short-sighted expectations in that equation; I am not trying to be mean but your statement has several flaws:

- Cost of any production has a number of variables including energy and labour. The weight of the variable changes acc. to the product type some require less labour some more.

- OK say we see a 50% drop in oil prices, does that necessarily mean that production line will shift to back old town, what about the location challenges, what about the investment that has been made through out the years made in China, eastern asia, emerging countries.

- Any change in price has a time lag to make such decisions like where to produce now. Just because it dropped last 6-12 months do not force the producers to change the location of the production. A future plan of any mass production company holds several years, take BASF or Unilever, these companies can not act so quick as you'd like. They know for a fact that any political unstability in oil producing countries can drive the price up literally within days/weeks. You can't rely on the current drop and assume that the price will stay here indefinitely. You need more than one bullet to make such dramatic changes.

- The local demand of those countries changed significantly as well, as well as their living habits. The local demand is quadriple times more than 13 years ago.

- You also talk like as if if it is a good thing that those people not being able to aford the new car. I believe manufacturers think otherwise, they need to produce and they need to sell. Where else better you can sell the old technology, other than this new consumption generation? You think you can shift your factories back home and expect them to buy your products? I dont think so. They will do anything to make them be able to afford that new car.

Anyway, we are looking at this subject from diferent perspectives but your assumption and expectations are too strectched and simplified. Determining oil price is significantly more difficult than EUR/USD since there is actual demand which is used every second of our lives.
  • #969,613
  • Mar 16, 2015 12:59pm Mar 16, 2015 12:59pm
Quoting Pharm0r
{quote} M5 is too noisy for me unless Im at s/r for an entry Where'd you get that session indicator? Me like {quote} Didn't Mercedes move over here recently too? I believe it was you that posted it. What happens when Wal-mart does it. The "made in 'murica" fan boys will lose their shit...in a good way. Domestic wal-mart a possibility? What a world.
sent to you.
Intraday only.
  • #969,614
  • Mar 16, 2015 12:59pm Mar 16, 2015 12:59pm
Quoting gatorinla
{quote} ask zero hedge why bmw's largest plant is in the u.s. with more u.s expansion plans?
bmwīs largest plant is not spartanburg, thatīs still dingolfing atm.
2014 production: dingolfing 343.000 units, spartanburg 297.000
spartanburg might be the biggest plant in the future because of the suvīs produced there for the us demand, thatīs also a physical hedge of currency risk.
other reasons: itīs nice for a multi to have r&d in a high tax, high wage country (germany) and production somewhere else (working unions are weak in the us, wages and taxes lower, energy costs also).
fortis fortuna adiuvat
  • #969,615
  • Mar 16, 2015 1:01pm Mar 16, 2015 1:01pm
Consolidation continued for EUR/USD today after the pair formed a doji candlestick on the four hour filter chart above the support at 1.0490 and climbed over 100 pips. The pair is likely headed for 1.08 or even 1.10, but I doubt this is the end of the bearish trend.
  • #969,616
  • Mar 16, 2015 1:05pm Mar 16, 2015 1:05pm
Quoting Hkr-wck
{quote} Can you send me your setup of the chart?
will send the set up to you after 2/3 hrs
Intraday only.
  • #969,617
  • Mar 16, 2015 1:06pm Mar 16, 2015 1:06pm
Quoting Pharm0r
{quote} M5 is too noisy for me unless Im at s/r for an entry Where'd you get that session indicator? Me like {quote} Didn't Mercedes move over here recently too? I believe it was you that posted it. What happens when Wal-mart does it. The "made in 'murica" fan boys will lose their shit...in a good way. Domestic wal-mart a possibility? What a world.
they have a large one in bama i think.. but its been there for 20y+ or so.. i haven't researched about the plans. i know about this one from passing it in rt to tn a few times.. all over the south from miss/sc.. japan Korea German and u.s. many assembly. Nissan has a decent size one in miss.. . i hear some are doing more part production.
those who can, do. those who cant, talk about those who can
  • #969,618
  • Mar 16, 2015 1:07pm Mar 16, 2015 1:07pm
Quoting navk
{quote} will send the set up to you after 2/3 hrs
Ok 😎
Enter Signature
  • #969,619
  • Mar 16, 2015 1:07pm Mar 16, 2015 1:07pm
This is new.
Attached Image
  • #969,620
  • Mar 16, 2015 1:09pm Mar 16, 2015 1:09pm
UJ flat lined and looks wound up ready to make a major move
373 traders viewing now