EURUSD | Page 50782 | 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

  • #1,015,621
  • Aug 3, 2015 3:14am Aug 3, 2015 3:14am
scratch that
If words were riddles Money Spoken would fall from the sky
  • #1,015,622
  • Aug 3, 2015 3:17am Aug 3, 2015 3:17am
Quoting edyraper
{quote} we just broke 0964~ and also broke down the asian range 0965* and friday NY range 0963~ hope to get about 30 pips for the start of the week or loose -14 pips will see
couple of points is enough to stop hunt some of the earlier guys... see ej at 136.06... double bottom. as muh as i want to short this, i need to see a retest and rejection of the 68- 74 region.... we might never get there but let's see... for now, im willing take it back up to 68 - 74
There is no royal road to anything.
  • #1,015,623
  • Aug 3, 2015 3:18am Aug 3, 2015 3:18am
Quoting ill_be_back
{quote} Pending SHORT Triggered {image}
still holding ?

Quoting Leinadgnow
{quote} couple of points is enough to stop hunt some of the earlier guys... see ej at 136.06... double bottom. as muh as i want to short this, i need to see a retest and rejection of the 68- 74 region.... we might never get there but let's see... for now, im willing take it back up to 68 - 74
we were there 30 minutes ago ! I really didnt get that , were you waiting for shot around 68-74 ?
  • #1,015,624
  • Aug 3, 2015 3:22am Aug 3, 2015 3:22am
shorted 1/5 at 68... shorting through to 74.
There is no royal road to anything.
  • #1,015,625
  • Aug 3, 2015 3:28am Aug 3, 2015 3:28am
Quoting edyraper
{quote} we was there 30 minutes ago ! I really didnt get that , were you waiting for shot around 68-74 ?
Just because it was there 30 mins ago, the stars and the rest of the signs weren't aligned for a lower move.. you need to see in relation to the rest of the pair... sure, we can get it at 60 and it will go back to 60... and my direction is the same as you.. but i would rather get it at a better price and when it has been confirmed via the rest of the other pairs..


Not bragging or what cause it holds no merit.. but I used to work in a correlation desk as an institutional boy... just some stuff i realize / noticed over the years. i'm extremely lazy to post my charts or my views.. but a few points downwards of 645 doesnt mean jack ... you need rejection and confirmation and that happens when you correlate with the other pairs for a move down.. now, i will short through 74 because i think that euj needs to break 136 in order for eur to take that leg down.. that puts us in the range of 68 - 74 still as long as 136 holds.

Let's say you get it at 60.. but it climbs to 74, you get whipped out.... then it takes it back down to 60 and below.. ur gonna be pissed with yourself and the next time, you wouldn't take your stops because you think or know you are right.. but ur not... and you get blown.

Now let's say.... i take it from 60 through to 74.... if i am wrong, i get everything out but my entry is better then 60.... so i risk less.. i also know that if anything, theres a higher chance to test 60 again... and i'm in the profit by alot more if it tests 60 and it stops there.... i still walk away with a consolation because my entry is better then 60...

If i however, unloaded the full reel at 60.. then it's either break or make 60..... which makes it a much higher chance of failure. If it never retests 74, i know at least when it breaks 60 on retest, i can unload my full reel then with a much higher confidence of success.


Ah... i'm not really good at explaining myself without sounding like a dick... and i'm not good in teaching... wish i could explain the methodology though
There is no royal road to anything.
  • #1,015,626
  • Aug 3, 2015 3:31am Aug 3, 2015 3:31am
Technically, the eu should witness a down movement to 08ish. this is base on the assumption that price rejection at 0992 has proven a lack for higher prices. Sell @0.973 sl 0.995 targeting near 0807. PA is just the watch word.
Keep the Lights on then you can catch the rise from the dark.
  • #1,015,627
  • Aug 3, 2015 3:36am Aug 3, 2015 3:36am
Quoting Leinadgnow
shorted 1/5 at 68... shorting through to 74.
Good day all

I'm still not sure if the last move wasn't a sweep . If pa looks right , I might try a short 0975/0980 . ( gives a great place for a stop )

Target would be 0897 .

We shall see
good trading all
Peace
  • #1,015,628
  • Aug 3, 2015 3:42am Aug 3, 2015 3:42am
Quoting build11
{quote} Good day all I'm still not sure if the last move wasn't a sweep . If pa looks right , I might try a short 0975/0980 . ( gives a great place for a stop ) Target would be 0897 . We shall see good trading all

Lay out 1/5 at 68, another 1/5 at 695.... saving 1/5 on break of 62 (if we get there) and remaining 2/5 at break of 60 (59) or full 3/5 size at 73 ...15 min to decide if we reject and go down.

I'm less greedy i guess.. im taking in 1/4 line at 475 and 1/2 at 220.. the rest to run with trailing. Good luck. Reentry of the channel around 74 will invalidate entire set up.
There is no royal road to anything.
  • #1,015,629
  • Aug 3, 2015 3:43am Aug 3, 2015 3:43am
Quoting MaxDoom
Whilst, shorts may still have some legs these charts explain why I am currently biased to longs {image} {image} {image}
the attached post and charts are still valid.

this H4 chart should tell you something
Attached Image (click to enlarge)
Click to Enlarge Name: EU 2015 Aug 03 H4a.PNG Size: 65 KB
  • #1,015,630
  • Aug 3, 2015 3:43am Aug 3, 2015 3:43am
Forexfactory marked average hourly earnings as a high impact news. It seems FF got paid to use that news. May be craps planned to do something with it in coming Friday.
You cannot learn better without losing
  • #1,015,631
  • Aug 3, 2015 3:45am Aug 3, 2015 3:45am
Quoting MaxDoom
{quote} the attached post and charts are still valid. this H4 chart should tell you something {image}
Interesting.. i missed that... thanks
There is no royal road to anything.
  • #1,015,632
  • Aug 3, 2015 3:47am Aug 3, 2015 3:47am
we broke the H4 cloud support . thoday we may retest the resistence around 1010~ and a possible short squeeze toward 1030~ I dont wanna think about any other possible upward move , if we , then I would think about 1150 area
  • #1,015,633
  • Aug 3, 2015 3:52am Aug 3, 2015 3:52am
Quoting krishelis
Break of 1.0974 will come down to 1.0958 (this area will be tricky), if it will hold, then it will go up, otherwise, TP1 1.0924, TP2 1.0899 Up targets: 1.1008, then break of 1.1030 will lead price to 1.1102 {image}
Pip by pip 1.0958 held, but my sentiment is still to sell.
  • #1,015,634
  • Aug 3, 2015 3:54am Aug 3, 2015 3:54am
Quoting krishelis
{quote} Pip by pip 1.0958 held, but my sentiment is still to sell.
may i know why 58?
There is no royal road to anything.
  • #1,015,635
  • Aug 3, 2015 3:54am Aug 3, 2015 3:54am
Quoting edyraper
shorted 0960 risk -14 pips
ooppps but hurt
  • #1,015,636
  • Aug 3, 2015 3:55am Aug 3, 2015 3:55am
Quoting Leinadgnow
{quote} may i know why 58?
Here is my daily analysis.

http://www.forexfactory.com/showthre...67#post8413867
  • #1,015,637
  • Aug 3, 2015 3:59am Aug 3, 2015 3:59am
just my 2cents. If you were profitable last 4 months by trading EURUSD, you are experienced trader. It takes some really nice skill to trade ranging market like we have last 4 months.

I don't like trade pair, when i see situation like now on monthly chart EURUSD.

good luck

regards,
  • #1,015,638
  • Aug 3, 2015 4:02am Aug 3, 2015 4:02am
Quoting Ken A
{quote} Sell limit filled again {image}
killed Gcad +250
EA moo down eh?
..need violent moves on EJ. down to reload, and strong up. Only that will save my account.
  • #1,015,639
  • Aug 3, 2015 4:03am Aug 3, 2015 4:03am
Quoting Leinadgnow
{quote} Lay out 1/5 at 68, another 1/5 at 695.... saving 1/5 on break of 62 (if we get there) and remaining 2/5 at break of 60 (59) or full 3/5 size at 73 ...15 min to decide if we reject and go down. I'm less greedy i guess.. im taking in 1/4 line at 475 and 1/2 at 220.. the rest to run with trailing. Good luck. Reentry of the channel around 74 will invalidate entire set up.
Target is just where I believe it will go . I trail my stops so chances are pretty good i'll get stopped out before .

The 0964 level , I think gator has a hand full of reasons why its important , My reason is it's the mid of march low and may high .

Important but Tricky place to trade it seems .

Good luck
Peace
  • #1,015,640
  • Aug 3, 2015 4:11am Aug 3, 2015 4:11am
Quoting build11
{quote} Target is just where I believe it will go . I trail my stops so chances are pretty good i'll get stopped out before . The 0964 level , I think gator has a hand full of reasons why its important , My reason is it's the mid of march low and may high . Important but Tricky place to trade it seems . Good luck

Definitely... whole thing is ranging there without a proper breakdown... even if we do, it's a fake head... I've been following gator's posts...

To get out of this rut, me thinks that we need to see a clear break of 124.38 on the UJ and back below 135.518 for the EJ .... i can't see that happening anytime soon so i'm just gonna play this range throughout.

Divergence all over the place... a lack of momentum, a lack of proper trends... i'm scaling back my trading size by about 50%.. been grabbing a few points here, a few points there just to make my target ..... good luck and stay safe.
There is no royal road to anything.
631 traders viewing now