EURUSD | Page 48960 | 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

  • #979,181
  • Apr 9, 2015 1:41am Apr 9, 2015 1:41am
I get the impression from the minutes that the majority of members want hikes for June. Several for it, others (fewer) for later in the year and only a couple were very dovish. I suspect the first group may even outnumber the last two. Dudley discounted NFP yesterday prior to the minutes which may have thrown off the techs which were bullish then; and he didn't discount June hikes either while implying pending data may obviously cause a delay.

Either way, those betting on June hikes hold the upper-hand at the moment on the charts and they're testing those who are betting on September or later; and now we're testing (tested) support originally from Euro strength (potential deflation bottom.)

I think a solid intraday hold of 1.0776 will confirm the bulls mean business at those levels and setup another 1.0828 test at least pending further data.
  • #979,182
  • Apr 9, 2015 1:42am Apr 9, 2015 1:42am
Quoting maldegnegi
{quote} Above 1.0780, things will look very differently what do you say? It can take back all the losses.
above 0785
A good trader follows his rules, but great trader knows when to break them
  • #979,183
  • Apr 9, 2015 1:43am Apr 9, 2015 1:43am
aaaaahhh... I woke up late ... SHORT today 1.0740: TP - 50 pips, SL - 40 pips
"I'm not answering stupid questions."
  • #979,184
  • Apr 9, 2015 1:45am Apr 9, 2015 1:45am
Quoting Cryptic
... Forex is 70% politics mate.,. I myself amsideways on this pair for now, but parity is visible on the medium-term. yes corrections and lots of them will occur, but we will hit parity, specially that that's what the ECB wants, Lower currency to help the inflation. Sadly i was badly interpreted, I do not assume nor give promises, i say what i see, you can agree or disagree, but you cant tell me "I'm going long at 1.0760" and expect me to respect your call. that's it
I disagree with your statement on politics especially with major currencies.

Politics can play a more important role in countries where CB are not fully independent from the government. Most of them are developing countries and/or populist major pseudo democracies but in general for currencies like the EUR or USD politics only offer some knee jerk reaction here and there but they get faded away faster than they affect the moves... Market forces drive 99% of the moves in the majors.

In any case, welcome to the boards but watch out you don't have to eat a humble pie too early with calls like that.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #979,185
  • Apr 9, 2015 1:47am Apr 9, 2015 1:47am
Quoting ill_be_back
{quote} above 0785
Agree
  • #979,186
  • Apr 9, 2015 1:55am Apr 9, 2015 1:55am
Mr. Sisse, the most respectable and knowledgable person around this thread. Cheers for the reply.
While I do respect your point of view, i still dont think the market is 100% fundementally driven, take the correlations as an exemple, they are not as accurate as they should be, while I certainly do not believe in Fxtyrant's "big boys", I do believe that some market movements are priorly anticipated if not planned even.
"The policy of being too cautious is the greatest risk of all."
  • #979,187
  • Apr 9, 2015 2:00am Apr 9, 2015 2:00am
Quoting MaxDoom
{quote} I don't think so, they said earlier that they will pay it later today
DJ Greece Pays IMF Loan Due in April - Government Official
  • #979,188
  • Apr 9, 2015 2:04am Apr 9, 2015 2:04am
Quoting ill_be_back
{quote} above 0785
Same, additional confirmation above 830 however.
  • #979,189
  • Apr 9, 2015 2:04am Apr 9, 2015 2:04am
Quoting Cryptic
Mr. Sisse, the most respectable and knowledgable person around this thread. Cheers for the reply. While I do respect your point of view, i still dont think the market is 100% fundementally driven, take the correlations as an exemple, they are not as accurate as they should be, while I certainly do not believe in Fxtyrant's "big boys", I do believe that some market movements are priorly anticipated if not planned even.
you should beware. afterall these big boys are literally the Largest 1% of forex trading population yet capable of controlling 99% of the market.
heck the biggest of the "big boys" ie the central banks they don't need to hold any assets and they can already devalue a currency at their will.... that's why you have traders who specializes in trading interventions.

same theory goes where the richest 1% population holds 99% of the world's wealth. (theory of speech but nonetheless true)
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #979,190
  • Apr 9, 2015 2:05am Apr 9, 2015 2:05am
EU long looking better now..
  • #979,191
  • Apr 9, 2015 2:05am Apr 9, 2015 2:05am
Bears held steady the Europe opening range without any major signs of profit taking unlocking 1.066x in the process for an intraday exhaustion leg on a breach 1.073x. To the other side is nothing to see intraday. 1.076x setting for a key level to track for the Weekly roll and the swing play.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #979,192
  • Apr 9, 2015 2:07am Apr 9, 2015 2:07am
Quoting sisse
Bears held steady the Europe opening range without any major signs of profit taking unlocking 1.066x in the process for an intraday exhaustion leg on a breach 1.073x. To the other side is nothing to see intraday. 1.076x setting for a key level to track for the Weekly roll and the swing play. sisse
could be a possible pullback up to 1.0750/60 right now to test the H1 broken intraday support.
but ur right. anything above H4 is pointing more misery on EURUSD. I have 1.05 though....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #979,193
  • Apr 9, 2015 2:15am Apr 9, 2015 2:15am
Quoting fxtyrant
{quote} could be a possible pullback up to 1.0750/60 right now to test the H1 broken intraday support. but ur right. anything above H4 is pointing more misery on EURUSD. I have 1.05 though....
Are you ajusting TP levels as well? Or still happy with 1.072~1.071?
  • #979,194
  • Apr 9, 2015 2:17am Apr 9, 2015 2:17am
Quoting ExForX
{quote} Are you ajusting TP levels as well? Or still happy with 1.072~1.071?
actually 1.0700/10 target for Standard
im gona close full on target 1.07
but on the Aggressive strategy, close half position at 1.07, move SL to entry, and let the remaining half continue further, next target being 1.05
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #979,195
  • Apr 9, 2015 2:20am Apr 9, 2015 2:20am
Quoting MaxDoom
{quote} DJ Greece Pays IMF Loan Due in April - Government Official
I also finally paid the minimum $50 on my credit card this month....now I'm only 18 months behind on payments
  • #979,196
  • Apr 9, 2015 2:27am Apr 9, 2015 2:27am
Quoting fxtyrant
{quote} could be a possible pullback up to 1.0750/60 right now to test the H1 broken intraday support. but ur right. anything above H4 is pointing more misery on EURUSD. I have 1.05 though....
H1 Pullback tested 1.0750 with H1 candle high at 1.07528, clear resistance there now....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #979,197
  • Edited 2:44am Apr 9, 2015 2:33am | Edited 2:44am
Traditionally, we retest the low of a long wicked monthly before trend reversal.....we are approaching now in about 80 pips or so.

1.06389 / 1.05676 / 1.04963 / 1.04616 (low) are important numbers to bulls to solidify a monthly reversal. Bounces/closes from are bullish, closes below are bearish. The higher the TF, the better. +- a few pips for slip/brokers

Been saying it all month- in my opinion those # are the last chance for bulls before parity (and below)- a short 700 pips away. The timing of this retest is right for the reversal if you're a bull, the risk is @ those numbers, bounces off them followed by HH closes should be taken seriously on H4 or above.

A monthly LL should be enough to kill any bulls left, but even then- a close is needed.

I'm not bullish
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 14 KB
  • #979,198
  • Apr 9, 2015 2:34am Apr 9, 2015 2:34am
Quoting Cryptic
s, Lower currency to help the inflation. Sadly i was badly interpreted, I do not assume nor give promises, i say what i see, you can agree or disagree, but you cant tell me "I'm going long at 1.0760" and expect me to respect your call. that's it
Would you explain me this, please??
  • #979,199
  • Apr 9, 2015 2:37am Apr 9, 2015 2:37am
Quoting Lavanda
{quote} Would you explain me this, please??
inflation is the rise in price of goods and services...
if you devalue your currency, 1 dollar buys you Less goods and services, hence artificially inflating the prices of goods and services by devaluing the value of your money....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #979,200
  • Apr 9, 2015 2:38am Apr 9, 2015 2:38am
Quoting fxtyrant
{quote} H1 Pullback tested 1.0750 with H1 candle high at 1.07528, clear resistance there now....
and we continue lower....
seems like I can play H1 charts too but yea I don't like to do it too often, don't have the time.
and I don't want to busted heart by the age of 40 or something....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
452 traders viewing now, 1 is registered:
Invad