EURUSD | Page 54883 | 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

  • #1,097,641
  • Mar 19, 2017 6:41am Mar 19, 2017 6:41am
If it continues the symmetry of the previous retracement to the SwingHigh, now that 786 was reached and slightly broken, it should has to retrace about 100/120 pips ( the previous were 119 and 107) for a final SwingUp of about 160 pips ( like the previous ones, who were175 and 189) to a final double top.
But there is also the possibility that the target is fixed to 618 of the previous SwinUp and in this case it could go 50/60 ticks more North, to make a swingp of about 193 ticks to the double top ( that is also 2.618 of extension of the first swing of this mini-trend high
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Ensign-09.png Size: 60 KB
Click to Enlarge Name: Ensign-11.png Size: 59 KB
  • #1,097,642
  • Mar 19, 2017 6:45am Mar 19, 2017 6:45am
Quoting yongsien
{quote} Hello All My Friends, i would like to fix a little from my previous post. The top side MAX RANGE is 1.0832 so, high probability this Monday the price will try to test one more last time for the higher at 1.0832 Strategy for this week until end of March: SELL : 1.0830 Stop Loss : 1.0885 TAKE PROFIT at : 1.0400 Base for my analysis is: From weekly chart i already see Head $ Shoulder pattern LEFT ARM height: 1.0983 LEFT SHOULDER height: 1.1253 HEAD height: 1.1459 RIGHT SHOULDER height: 1.0789 RIGHT ARM height: 1.0736 Our position now is on...
can you post a chart? Thanks








A chart is Worth thousend words
  • #1,097,643
  • Mar 19, 2017 7:19am Mar 19, 2017 7:19am
maybe this may help u guys a little!

https://www.dailyfx.com/forex/fundam...Prospects.html
  • #1,097,644
  • Edited 7:56am Mar 19, 2017 7:44am | Edited 7:56am
Quoting COGSx86
{quote} SO Euro and CHF are going up, can you post the link for this?
No, it doesn't mean that

It's on the news feed part of FF

http://www.marctomarket.com/2017/03/...while.html?m=1
  • #1,097,645
  • Mar 19, 2017 8:00am Mar 19, 2017 8:00am
Quoting filostro
{quote} can you post a chart? Thanks A chart is Worth thousend words
i do want to post chart but i don't know how... sorry, i am new here....
  • #1,097,646
  • Mar 19, 2017 8:38am Mar 19, 2017 8:38am
Quoting yongsien
{quote} i do want to post chart but i don't know how... sorry, i am new here....
open chart.

chick this one
http://www.wikihow.com/Use-the-%22Pr...-on-a-Keyboard

after you save a image on any drive.
up load it through

  1. Upload From Device option of FOREX FACTORY NEW REPLY TO THREAD

don't predict direction, but dance with flow of water
  • #1,097,647
  • Mar 19, 2017 9:19am Mar 19, 2017 9:19am
Quoting yongsien
{quote} i do want to post chart but i don't know how... sorry, i am new here....
Attached Image (click to enlarge)
Click to Enlarge Name: afatqetqtq.png Size: 101 KB
  • #1,097,648
  • Edited 10:28am Mar 19, 2017 10:05am | Edited 10:28am
Here's for the FIB doubters. Multiple FIBS. Random? LOL
Attached Image (click to enlarge)
Click to Enlarge Name: EUR MO.png Size: 37 KB
  • #1,097,649
  • Mar 19, 2017 10:49am Mar 19, 2017 10:49am
Quoting Connors
{quote} {quote} Getting ready.
POC 112.38 from the 17th March, may still have a few large orders there
  • #1,097,650
  • Mar 19, 2017 11:23am Mar 19, 2017 11:23am
Hello All My Friends, i would like to fix a little from my previous post. The top side MAX RANGE is 1.0832 so, high probability this Monday the price will try to test one more last time for the higher at 1.0832
Strategy for this week until end of March:
SELL : 1.0830
Stop Loss : 1.0885
TAKE PROFIT at : 1.0400

Base for my analysis is:
From weekly chart i already see Head $ Shoulder pattern
LEFT ARM height: 1.0983
LEFT SHOULDER height: 1.1253
HEAD height: 1.1459
RIGHT SHOULDER height: 1.0789
RIGHT ARM height: 1.0736
Our position now is on the RIGHT ARM.

Careful and Patient
Good Luck
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 19 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily1.png Size: 57 KB

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 50 KB
  • #1,097,651
  • Mar 19, 2017 11:38am Mar 19, 2017 11:38am
there's HS but it's inverted bullish on daily. )))
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 18 KB
  • #1,097,652
  • Mar 19, 2017 11:53am Mar 19, 2017 11:53am
not sure what to make of this daily candle...

if i see the monthly pattern on lower timeframes (especially m5) im trading the breakout/continuation south, but i just don't like monthly timeframes, they take sooooo long to develop, i mean 30 days, come on, loads to be made on bull and bear side in this kind of market
  • #1,097,653
  • Edited 12:38pm Mar 19, 2017 11:57am | Edited 12:38pm
This could be a continuation pattern.

Breaking 083 could indicate a change in long term trend.
-> 470 PIP move up??

Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Outlook.jpg Size: 233 KB


Decided to trade both ways here.

Sell limit already in place @ 0755
S/L @ 0798
TP 1 @ 0607
TP 2 @ 0500

Thinking about buy stops. I like the upside we got a lot of shit to deal with going down.
Breaking of wave 2 (---)would indicate a possible move down to 0607.

H4
Attached Image (click to enlarge)
Click to Enlarge Name: H4.jpg Size: 306 KB
What's that smell? ---- I smell money!
  • #1,097,654
  • Mar 19, 2017 12:02pm Mar 19, 2017 12:02pm
Quoting yongsien
{quote} i do want to post chart but i don't know how... sorry, i am new here....
Use Sniping Tool in Windows, Copy & Paste the part of the chart you want to post
A good trader follows his rules, but great trader knows when to break them
  • #1,097,655
  • Mar 19, 2017 12:13pm Mar 19, 2017 12:13pm
goes in line with the bottoming pattern on daily fyi https://www.efxnews.com/story/35605/...-target-danske
  • #1,097,656
  • Mar 19, 2017 12:31pm Mar 19, 2017 12:31pm
Quoting yongsien
Hello All My Friends, i would like to fix a little from my previous post. The top side MAX RANGE is 1.0832 so, high probability this Monday the price will try to test one more last time for the higher at 1.0832 Strategy for this week until end of March: SELL : 1.0830 Stop Loss : 1.0885 TAKE PROFIT at : 1.0400 Base for my analysis is: From weekly chart i already see Head $ Shoulder pattern LEFT ARM height: 1.0983 LEFT SHOULDER height: 1.1253 HEAD height: 1.1459 RIGHT SHOULDER height: 1.0789 RIGHT ARM height: 1.0736 Our position now is on the RIGHT...
Thanks, yongsien!
  • #1,097,657
  • Edited 1:34pm Mar 19, 2017 12:34pm | Edited 1:34pm
Quoting SteFX85
This could be a continuation pattern. Breaking 083 could indicate a change in long term trend. {image}
It is a continuation pattern. Thursday there were no sellers in the market (look at the top of the thursday candle. No sellers.).
Friday red candle was only caused because the Euro was sold against the Yen and USD was sold against the AUD and NZD, so the EUR/USD didn't find the strength to pull the continuation and instead it "dipped".
Follow the currency flow. Last week it was USD > AUD+NZD > Yen, and EU > Yen, but no USD > Yen and EU <> USD.
This explains the friday candle. (on a very simplified approach, there is much more into this)
If this continues (US uses AUD+NZD for transit into Yen and avoids EU because politics, EU sells directly for Yen), the EUR/USD will go short, or barely move at all.
On "positive" signal from france, it might gain again and pull the bullish breakout. Who knows...
(and who could be interested enough to buy into this market at this point?)

Think like this:
You sit on a huge mountain of USD.
You need to move/exchange this mountain of USD.
You have Europe, Asia, Australia/NZD and Canada.
Now look at the world.
Where do you go?

At this point you might ask your analysts "whats most profitable"
And they will tell you: "we buy AUD and then sell the AUD for Yen. Avoid EU. nobody knows what happens there, CAD and CHF is an option but less profit. Best bet: We transit through Aussieland and Kiwiland to Yen, make bank. Japan is beautiful"

You can see it on the charts.
(it makes more sense when you take Stocks/CfDs/Bonds/Futures into account, but that would be a little too much for this happy place here )
Go with the flow
you are not expected to understand this
  • #1,097,658
  • Mar 19, 2017 12:43pm Mar 19, 2017 12:43pm
Quoting Teek
{quote} It is a continuation pattern. Thursday there were no sellers in the market (look at the top of the thursday candle. No sellers.). Friday red candle was only caused because the Euro was sold against the Yen and USD was sold against the AUD and NZD, so the EUR/USD didn't find the strength to pull the continuation and instead it "dipped". Follow the moneyflow. Last week it was USD > AUD+NZD > Yen, and EU > Yen, but no USD > Yen and EU <> USD. This explains the friday candle. If this continues (US uses AUD+NZD for transit into Yen and avoids...
The continuation is a short pattern on the daily.

A breaking of 083 would prove I'm wrong (ok with that) about Long term continuation means downside.

Trading both ways would be the best plan for me. Longs only @ 083.
What's that smell? ---- I smell money!
  • #1,097,659
  • Mar 19, 2017 12:43pm Mar 19, 2017 12:43pm
Dt3, can you please tell us how these levels are obtained? Thanks a lot
Quoting Dt3
Here's for the FIB doubters. Multiple FIBS. Random? LOL{image}
  • #1,097,660
  • Mar 19, 2017 1:02pm Mar 19, 2017 1:02pm
Quoting filostro
Dt3, can you please tell us how these levels are obtained? Thanks a lot{quote}
Fibonacci plug in, applied multiple times to monthly chart.
143 traders viewing now