EURUSD | Page 49480 | 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

  • #989,581
  • May 15, 2015 2:52am May 15, 2015 2:52am
Quoting MarianneOslo
{quote} The correlation is the oil IF you trade the euro/USD you must look at the oil ready the zerohegde link above abouth the oil price. That is the corrlation
Okay listen...i have been doing this kind of correlation with NOK for some time already, WITHOUT even looking a what oil was doing.

NOK has way better correlation with EURO than Oil has with Euro. Check lately....

So thanks for your concern but i won't look at Oil

Prove me Oil has better correlation with Euro for Intraday trading than with NOK and i'll think over
COT: The precious data ignored
  • #989,582
  • May 15, 2015 2:55am May 15, 2015 2:55am
Quoting MarianneOslo
It is the oil price running the USD http://www.zerohedge.com/news/2015-0...rrency-markets WE have seen the top of the oil of 69 for a while
oil does not have the same affect on usd as it did just a few years back. higher oil hurts ez more then the u.s. despite a tech hit at 0474 s/r. dont let oil fool everyone. 0474 is in this game and one of its sisters at 1401.. its a large # so some room and larger tf closes
those who can, do. those who cant, talk about those who can
  • #989,583
  • May 15, 2015 2:59am May 15, 2015 2:59am
Quoting fxtyrant
Just when Europe opens market, poor bulls thought its a H1 breakout, but its a fakeout.... how do I know its a fake spike up before the drop? well was there any news to warrant that the EURUSD would go up last hour? answer is no. just a routine flush the stop above then let it drop. besides, wasn't it funny how we now have a defined range to trade the EURUSD? 1.05 - draghi suggests its useless to sell the euro 1.1430 - draghi talks down the euro, but heres the thing.... 1.05 is just a suggestion that theres no use to sell euro, doesn't mean market...
If it can go below 1.1338
  • #989,584
  • May 15, 2015 3:00am May 15, 2015 3:00am
Quoting Endoephemera
{quote} Or maybe there's no confusion at all and strong hands are spiking it up and down cashing on the SL of retails who can't sit on their hands. Without any confusion about that. Direction will be found when even stronger hands will push it out expanding the range until momentum becomes self-sustaining.
Yh... looks like theres no fresh seller... it wants the meat at 320 could be scarry if it make the trip down there.
  • #989,585
  • May 15, 2015 3:07am May 15, 2015 3:07am
Good morning euro,

Looking for 1469
  • #989,586
  • May 15, 2015 3:11am May 15, 2015 3:11am
unchanged, waiting
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H111.gif Size: 191 KB
  • #989,587
  • May 15, 2015 3:12am May 15, 2015 3:12am
Quoting kuroro001
{quote} Okay listen...i have been doing this kind of correlation with NOK for some time already, WITHOUT even looking a what oil was doing. NOK has way better correlation with EURO than Oil has with Euro. Check lately.... So thanks for your concern but i won't look at Oil Prove me Oil has better correlation with Euro for Intraday trading than with NOK and i'll think over

Good Luck but trading the euro/USD without looking at the oil has no meaning at all
  • #989,588
  • May 15, 2015 3:14am May 15, 2015 3:14am
Quoting MarianneOslo
{quote} Good Luck but trading the euro/USD without looking at the oil has no meaning at all
Good luck to you as well
COT: The precious data ignored
  • #989,589
  • May 15, 2015 3:15am May 15, 2015 3:15am
Quoting gatorinla
{quote} oil does not have the same affect on usd as it did just a few years back. higher oil hurts ez more then the u.s. despite a tech hit at 0474 s/r. dont let oil fool everyone. 0474 is in this game and one of its sisters at 1401.. its a large # so some room and larger tf closes

It is only to follow the oil price from may last year and up to today and it correlates the USD perfectly and some here trading the NOK and doersnt understand the oil, This is amazing. It is so important
  • #989,590
  • May 15, 2015 3:16am May 15, 2015 3:16am
Quoting MarianneOslo
{quote} It is only to follow the oil price from may last year and up to today and it correlates the USD perfectly
Maybe on daily/weekly.

But Definitely not if you trade intraday, just check the last few days, completely uncorrelated

It all depends the way you trade
COT: The precious data ignored
  • #989,591
  • May 15, 2015 3:19am May 15, 2015 3:19am
Quoting kuroro001
{quote} Maybe on daily/weekly. But Definitely not if you trade intraday, just check the last few days, completely uncorrelated It all depends the way you trade
I look at the bigger Picture but also some day trading and follow the oil tightly. I think it did top at 69 for a whil and we are abouth to see a stronger USD now
  • #989,592
  • May 15, 2015 3:19am May 15, 2015 3:19am
DailyXF:

SSI: Crowds Remain Heavily Long US Dollar Despite Bounce
Thursday, 14 May 2015 16:30 GMT Written by David Rodriguez, Quantitative Strategist

"EURUSD - The ratio of long to short positions in the EURUSD stands at -2.15 as 32% of traders are long..."
"USDJPY - The ratio of long to short positions in the USDJPY stands at 2.44 as 71% of traders are long..."
f(z)=z2+c
  • #989,593
  • May 15, 2015 3:21am May 15, 2015 3:21am
Quoting MarianneOslo
{quote} I look at the bigger Picture but also some day trading and follow the oil tightly. I think it did top at 69 for a whil and we are abouth to see a stronger USD now
You said the same thing not so long ago, it didn't happen

And let me explain you something.

I use NOK as confirmation for my eurusd trade (and sometimes take NOK trade too when the setup is better than euro).

When both EU and NOK print good setup it means the setup is strong

So i don't need to look at oil
COT: The precious data ignored
  • #989,594
  • May 15, 2015 3:23am May 15, 2015 3:23am
Quoting MarianneOslo
{quote} It is only to follow the oil price from may last year and up to today and it correlates the USD perfectly and some here trading the NOK and doersnt understand the oil, This is amazing
it works when it works. even when something is correlated, it has times it needs to reset. its not a one to one ratio. its constantly resetting with adjustment. at 1.60xx eu and 147$ oil, just a few months later oil had dropped over 60% and the eu nowhere near 60% drop.
those who can, do. those who cant, talk about those who can
  • #989,595
  • May 15, 2015 3:28am May 15, 2015 3:28am
Quoting kuroro001
{quote} You said the same thing not so long ago, it didn't happen And let me explain you something. I use NOK as confirmation for my eurusd trade (and sometimes take NOK trade too when the setup is better than euro). When both EU and NOK print good setup it means the setup is strong So i don't need to look at oil
7.32-7.29 may give what you want.
  • #989,596
  • May 15, 2015 3:28am May 15, 2015 3:28am
Quoting kuroro001
{quote} You said the same thing not so long ago, it didn't happen And let me explain you something. I use NOK as confirmation for my eurusd trade (and sometimes take NOK trade too when the setup is better than euro). When both EU and NOK print good setup it means the setup is strong So i don't need to look at oil
It is true that I did not expect the oil to rise from 45 to 69 in two months. I also have shown that I have been unsure of the Euro/USD development from abouth 1,1.
I have been doing little trading although I am convied that QE will make the euro decline.

But now I am convinced the USD will rise and oil will decline for awhile. To get the excact moment is diffecult
  • #989,597
  • May 15, 2015 3:30am May 15, 2015 3:30am
Attached Image (click to enlarge)
Click to Enlarge Name: sellclose10.png Size: 537 KB



http://www.forexfactory.com/showthre...265915&page=21
  • #989,598
  • May 15, 2015 3:31am May 15, 2015 3:31am
Quoting Rockerzeus
{quote} 7.32-7.29 may give what you want.
It already did a few days ago

When NOK confirms a bullish setup, i'll go short euro bigger than when it doesn't
COT: The precious data ignored
  • #989,599
  • May 15, 2015 3:32am May 15, 2015 3:32am
Quoting MarianneOslo
{quote} It is true that I did not expect the oil to rise from 45 to 69 in two months. I also have shown that I have been unsure of the Euro/USD development from abouth 1,1. I have been doing little trading although I am convied that QE will make the euro decline. But now I am convinced the USD will rise and oil will decline for awhile. To get the excact moment is diffecult
So what's your target for your EU shorts?

And if you trade NOK, where do you see it ?
COT: The precious data ignored
  • #989,600
  • May 15, 2015 3:39am May 15, 2015 3:39am
Quoting gatorinla
{quote} it works when it works. even when something is correlated, it has times it needs to reset. its not a one to one ratio. its constantly resetting with adjustment. at 1.60xx eu and 147$ oil, just a few months later oil had dropped over 60% and the eu nowhere near 60% drop.
I think it must be diffenerent ways of thinking wheter on have a longer or a Shorter perspective

In june the 2015 oil price were 113 USD In jun Eur/USD were 1,39

In january 2015 the oil price were 45USD and in march the Euro/USD were 1,05
We can see thet the oil comes a little before the euro/USD so timing of a topping oil is important
475 traders viewing now