euro consolidation | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Consolidation and Triangle Breakouts 5 replies

Price consolidation indicator 1 reply

Rainbow consolidation for ninjatrader 0 replies

consolidation 4 replies

Cable consolidation 1 reply

euro consolidation

  • #1
  • First Post: Aug 15, 2006 9:37pm Aug 15, 2006 9:37pm
nebody know of a solid reason why the euro has been consolidated for 3/4ths of the day? Is this just in anticipation of news events?
I dream, therefore I become.
  • #2
  • Aug 15, 2006 9:49pm Aug 15, 2006 9:49pm
Quoting mike w
nebody know of a solid reason why the euro has been consolidated for 3/4ths of the day? Is this just in anticipation of news events?
LoL.
I am also really sick of this consolidation phase as I only trade euro and gold.Nothing else.It is too long a wait for me to find some good opportunity.
  • #3
  • Aug 15, 2006 9:58pm Aug 15, 2006 9:58pm
Quoting kolachi
LoL.
I am also really sick of this consolidation phase as I only trade euro and gold.Nothing else.It is too long a wait for me to find some good opportunity.
I hear that....I basically just trade the euro too. And this sucks hahaha I dont know what to do with myself. haha
I dream, therefore I become.
  • #4
  • Aug 15, 2006 10:05pm Aug 15, 2006 10:05pm
Quoting mike w
I hear that....I basically just trade the euro too. And this sucks hahaha I dont know what to do with myself. haha
May I know your bias for the pair.I am looking upwards and target 1.2900.Just waiting for the right moment to put the deal.

good trading
  • #5
  • Aug 15, 2006 10:13pm Aug 15, 2006 10:13pm
Yeah, I think its going to be an upward move too. I dont think itll go all the way to 1.29 though because of all the resistance. Im just going to play it safe and take profit at 1.2850
I dream, therefore I become.
  • #6
  • Aug 15, 2006 10:20pm Aug 15, 2006 10:20pm
Quoting mike w
Yeah, I think its going to be an upward move too. I dont think itll go all the way to 1.29 though because of all the resistance. Im just going to play it safe and take profit at 1.2850
I do not trade fundamentals and news.Anyhow i just checked the calendar and suppose market is waiting for the CPI and core.
  • #7
  • Last Post: Aug 15, 2006 10:30pm Aug 15, 2006 10:30pm
yeah that is the smart thing to do but im on a lucky streak with news, thats the only real reason im doin it...haha
I dream, therefore I become.
0 traders viewing now