EURUSD | Page 50677 | 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

  • #1,013,521
  • Jul 27, 2015 7:55am Jul 27, 2015 7:55am
Quoting Pharm0r
{quote} Guess July is the good month for Durable goods. looking for a possible retest of 1086ish
was waiting for 111 but dont think its going to make it !!
Peace
  • #1,013,522
  • Jul 27, 2015 7:56am Jul 27, 2015 7:56am
Quoting Pharm0r
{quote} added scalp 1.10856
how many pips you looking for ?
  • #1,013,523
  • Jul 27, 2015 7:57am Jul 27, 2015 7:57am
Quoting mahooo
Sell EU now
Why?
Why sell the bottoms when you can buy the tops...
  • #1,013,524
  • Jul 27, 2015 7:57am Jul 27, 2015 7:57am
Quoting mahooo
Sell EU now
is it trading advise ?
  • #1,013,525
  • Jul 27, 2015 7:57am Jul 27, 2015 7:57am
good US data is a disappointment for bulls. Expect ranging, and boring.
  • #1,013,526
  • Jul 27, 2015 7:57am Jul 27, 2015 7:57am
Quoting gatorinla
{quote} dont comment back to me about this for a while. give it some months and even further out. its simply the germans (north emu) are about to put all the ecb members in a great depression. the south emu is already in one.. its like this. the southern emu cant afford german products w/o a job. the commodity countries are unable to afford german products w/o a job.. now you have asia (china ) less able to buy german product w/o a job. those asian countries products are getting cheaper for germany (so a job may be coming later). meanwhile the screws...
I was talking near term PA about the FED dots, not longer term EU fundamentals.

The German / Periphery relationship can be summed up in the trade surplus chart below. The problem is, if you lend people money to buy your stuff, eventually debt overtakes credit. After Draghi announced he had backstopped the Greek banks for 130 Billion Euros it became obvious Greece's membership in the EU was nonviable. The Greek negotiation will hit an impasse with the IMF rules for lending and debt sustainability dictating some form of write down, which will probably activate the Schauble plan of an organized Grexit or some form of economic isolation for Greece if they're allowed to stay.

If you look at redenomination table, Greece's risk premium is 800% higher than Spain, the next highest country in the group, so they are an extreme outlier and needed to be dealt with now. Draghi changed the Maastrict Treaty so the ECB can perform sovereign bond purchases with the rest of the periphery, so they can maintain debt programs with Spain, Italy, and Portugal for a few more years.

For the US, I see the FED raising rates nominally, and passing bubble creation off to the private banks. They need to walk their books back off the line, otherwise they have zero back stop for the next crisis. Dodd Frank was revised last December so debt liability for a potential subprime bubble can be moved off the bank's balance sheets onto public sector debt. So we could actually be heading into a bubble period after an equities correction where the private banks expand lending, as crazy as that may sound. (get back to me in a couple of years on that one)

The German / China relationship is interesting, especially the joint rail project through Russia. They are building relationships which can bolster their bottom line independent of the EU. So even though purchases of German goods may be dropping off in the shorter term, there is still growth potential.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart6.jpg Size: 64 KB
Click to Enlarge Name: m101.PNG Size: 66 KB
  • #1,013,527
  • Jul 27, 2015 7:59am Jul 27, 2015 7:59am
Quoting edyraper
{quote} how many pips you looking for ?
I'll set it BE once we clear 20 pips, and consider it an add to my 1080 trade...which targets 08xx, I'll have to check. It's all posted. Closer to gators lower norms 07xx I think. FOMC may stop it all out with some swings, but by then I plan to be a free trade anyway

I don't mind being wrong, I'm wrong all the time. As long as I just lose a few when I am wrong, or even better- BE +1

I still want 1144, which should be out of the cards today unless a FU happens......FOMC may get it
  • #1,013,528
  • Jul 27, 2015 7:59am Jul 27, 2015 7:59am
Quoting Ken A
{quote} Why .....
My personal opinion is that MM wanted to sell higher. I posted on Friday that it bothered me to short were we
were when UCad was hitting new highs andgold, oil and Aud were falling to new monthly lows ,and EURUSD wasnt. That, to me raised the question if there was one more leg higher before the dump (posted that too.) When it starts ignoring or doing the reverse of what the other currencies are doing or what you'd expect from news, to me that says somebody with money has an agenda, (i.e. pumping it up to sell higher) Where's higher? Looks like 1060-1140, the closer to 1140 the better IMHO. When it stops doing that (going against news/other currencies) then we'll know they got the orders filled and can look for it to go lower.
  • #1,013,529
  • Jul 27, 2015 8:00am Jul 27, 2015 8:00am
Imo it could be "just one of those levels". The type of level that doesn't care about the most researched method or reasoning, it's just going to search and destroy.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd #118.png Size: 54 KB
As the lights go by so too do the shadows move
  • #1,013,530
  • Jul 27, 2015 8:06am Jul 27, 2015 8:06am
Quoting MissPips
{quote} My personal opinion is that MM wanted to sell higher. I posted on Friday that it bothered me to short were we were when UCad was hitting new highs andgold, oil and Aud were falling to new monthly lows ,and EURUSD wasnt. That, to me raised the question if there was one more leg higher before the dump (posted that too.) When it starts ignoring or doing the reverse of what the other currencies are doing or what you'd expect from news, to me that says somebody with money has an agenda, (i.e. pumping it up to sell higher) Where's higher? Looks...
Agreed. 114x-116x max.
  • #1,013,531
  • Jul 27, 2015 8:07am Jul 27, 2015 8:07am
Quoting Pharm0r
{quote} Just normal PA everyone should understand- no mofu involved other than the ones already posted I expect it to hold...added scalp 1.10856, tight stop. This is the part the "bad news moving up, good news moving down" people get really upset as it goes their direction
watching for the new oil lows,, i had a 39.xx min handle due.. so gold silver etc, should take another step. gasoline 30 cents from 1.52
those who can, do. those who cant, talk about those who can
  • #1,013,532
  • Jul 27, 2015 8:07am Jul 27, 2015 8:07am
Quoting KzX
Generally 055-085 is the very strong R area, won't get through so easy.
Reminder - focus on this range if you want to make some profit.
  • #1,013,533
  • Jul 27, 2015 8:14am Jul 27, 2015 8:14am
Quoting MissPips
{quote} My personal opinion is that MM wanted to sell higher. I posted on Friday that it bothered me to short were we were when UCad was hitting new highs andgold, oil and Aud were falling to new monthly lows ,and EURUSD wasnt. That, to me raised the question if there was one more leg higher before the dump (posted that too.) When it starts ignoring or doing the reverse of what the other currencies are doing or what you'd expect from news, to me that says somebody with money has an agenda, (i.e. pumping it up to sell higher) Where's higher? Looks...
I appreciate your view
When in doubt, HEDGE
  • #1,013,534
  • Jul 27, 2015 8:14am Jul 27, 2015 8:14am
Quoting Luther
{quote} I was talking near term PA about the FED dots, not longer term EU fundamentals. The German / Periphery relationship can be summed up in the trade surplus chart below. The problem is, if you lend people money to buy your stuff, eventually debt overtakes credit. After Draghi announced he had backstopped the Greek banks for 130 Billion Euros it became obvious Greece's membership in the EU was nonviable. The Greek negotiation will hit an impasse with the IMF rules for lending and debt sustainability dictating some form of write down, which will...
let them build a rail line... china's asset is cheap labor.. they will be competing with 3d machines in the future. i wouldn't mind taking a cheap rail trip from china to europe when things dont pan out.
those who can, do. those who cant, talk about those who can
  • #1,013,535
  • Jul 27, 2015 8:21am Jul 27, 2015 8:21am
this ranging cycle will keep it's rhythm another hour or so. Better do something useful rather staring at the chart LOL.
  • #1,013,536
  • Jul 27, 2015 8:23am Jul 27, 2015 8:23am
Quoting Hairi
this ranging cycle will keep it's rhythm another hour or so. Better do something useful rather staring at the chart LOL.
Chart will fart this week
You cannot learn better without losing
  • #1,013,537
  • Jul 27, 2015 8:24am Jul 27, 2015 8:24am
Ranging expected this year. China vs (US + EU + Japan)
You cannot learn better without losing
  • #1,013,538
  • Jul 27, 2015 8:24am Jul 27, 2015 8:24am
If (so so EU data makes price rise) + (good data from US makes USD fall) then today = Netflix binge watching day
forex forex forex
  • #1,013,539
  • Jul 27, 2015 8:26am Jul 27, 2015 8:26am
Quoting gatorinla
{quote} let them build a rail line... china's asset is cheap labor.. they will be competing with 3d machines in the future. i wouldn't mind taking a cheap rail trip from china to europe when things dont pan out.
lol.. me either.

The robot replacement cycle is already in full swing, so the future isn't that far off. Production quality 3D printing will be the acceleration point on the bell curve.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: robots-vs-manufacturing.jpg Size: 113 KB
Click to Enlarge Name: robot-labor-savings.png Size: 190 KB
  • #1,013,540
  • Jul 27, 2015 8:29am Jul 27, 2015 8:29am
still hold my long. will short soon.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
Dangdut is a music of my country
362 traders viewing now