EUR/USD
Menjadi Anggota Sejak Apr 08, 2014
1140 postingan
Oct 03, 2014 at 06:30
EURUSD has wavered around 1.2650 since Draghi’s speech, and the next key event that could determine is future direction is tomorrow’s US payrolls report. Another sub-150k ready for NFPs could trigger a sharper pullback in the EURUSD downtrend, back towards the 1.2800 highs from 24th September.
"I trade to make money not to be right."
Menjadi Anggota Sejak Jun 07, 2011
372 postingan
Oct 03, 2014 at 09:59
Today is celebrated in Germany the German Unity Day.
The DAX 30 (index of shares in Germany) will be closed.
Due to the NFP data may be unexpected fluctuations in EURUSD.
The DAX 30 (index of shares in Germany) will be closed.
Due to the NFP data may be unexpected fluctuations in EURUSD.
Menjadi Anggota Sejak Jul 10, 2014
1114 postingan
Oct 03, 2014 at 15:57
The non-farm payrolls certainly had an effect and EUR/USD fell another 70 pips today. The bearish trend shows no signs of exhaustion and if you look at the monthly filter chart the previous lows are at 1.2030 and 1.1870 so I wouldn't be surprised if it's headed for those targets, though I don't think it will happen any time soon.
Menjadi Anggota Sejak Jun 15, 2013
29 postingan
Oct 03, 2014 at 17:08
dear fellows
eurusd will rise next week about 200 pip then end the week by doji , but still mean it will be get down
it is end by 1.1761
eurusd will rise next week about 200 pip then end the week by doji , but still mean it will be get down
it is end by 1.1761
Menjadi Anggota Sejak Jun 08, 2014
454 postingan
Oct 03, 2014 at 18:54
good that I always close my open positions before friday :) , the EUR/USD fell dramatically it's a shame that i always stay out of the market in that day
Menjadi Anggota Sejak Apr 09, 2014
832 postingan
Oct 05, 2014 at 20:08
alysharf posted:
dear fellows
eurusd will rise next week about 200 pip then end the week by doji , but still mean it will be get down
it is end by 1.1761
I shall keep eyes on it.
Menjadi Anggota Sejak Oct 11, 2013
769 postingan
Oct 06, 2014 at 01:34
With the FED possibly raising its interest rates sooner than expected and the ECB implemente QE, the EURUSD may keep dropping.
forex_trader_202879
Menjadi Anggota Sejak Aug 07, 2014
378 postingan
Oct 06, 2014 at 06:40
alysharf posted:
dear fellows
eurusd will rise next week about 200 pip then end the week by doji , but still mean it will be get down
it is end by 1.1761
What in the world would suggest that? Let me guess.... Because you believe eur-usd is oversold! Please... We have heard that for the last 12 weeks ( the amount of times in a row that usd has betten eur). When will you guys throw the guessing out the window and begin to focus on price action?
Menjadi Anggota Sejak Apr 08, 2014
1140 postingan
Oct 06, 2014 at 08:35
EURUSD pair fell hard during the course of Friday session, crashing into the 1.25 level after better than expected nonfarm payrolls. The 1.25 is a large, round and psychologically significant number. That is a major support barrier, and as a result a bounce from here would be a huge surprise. However, a close below the 1.25 level, the pair will then make its move down to the 1.2430 this week.
"I trade to make money not to be right."
Menjadi Anggota Sejak Oct 08, 2011
135 postingan
Oct 06, 2014 at 12:21
Cholipop posted:alysharf posted:
dear fellows
eurusd will rise next week about 200 pip then end the week by doji , but still mean it will be get down
it is end by 1.1761
What in the world would suggest that? Let me guess.... Because you believe eur-usd is oversold! Please... We have heard that for the last 12 weeks ( the amount of times in a row that usd has betten eur). When will you guys throw the guessing out the window and begin to focus on price action?
WHEN YOU HAVE A BREAK-AWAY GAP ON THE WEEKLY CHART (@ 1.3240), MEASURE FROM THE VERY TOP (1.3993) TO THE GAP @ 1.3240, WHICH IS APPROX. 750 PIPS. THEN SUBTRACT THESE 750 PIPS FROM THE GAP PRICE , WHICH TAKES YOU TO APPROX. 1.2490. THIS IS USUALLY THE PRICE RANGE, WHERE THE RETRACEMENT STARTS. I HAVE TALKED ABOUT GAPS ON WEEKLY CHARTS IN A PREVIOUS POSTING.
GAPS ON THE WEEKLY CHART OFTEN STAY OPEN FOR MANY WEEKS, MONTHS OR EVEN YEARS (SEE EUR/USD GAPS @ 1.0528 & 0.9802 FROM 2003)
NOT SAYING THAT THE CURRENT GAP AT 1.3240 WILL CLOSE - BUT THERE IS A GOOD CHANCE THAT SOME RETRACEMENT WILL OCCUR. POSSIBLY 50% OF IT. ON MY WEEKLY CHART I SEE A CHANCE FOR THE RETRACEMENT TO GO TO NEAR 1.2880
ANY LARGE GAP USUALLY HAPPENS AT ABOUT 50% OF THE ENTIRE DROP, BEFORE A RESTRACEMENT SHOULD BE CONSIDERED. THAT GOES FOR ANY CHART TIME-FRAME
"a little bit of knowledge is a dangerous thing"
Menjadi Anggota Sejak Jul 10, 2014
1114 postingan
Oct 06, 2014 at 12:43
After the big drop on Friday EUR/USD seems to be in for some pullback now - there's a doji candlestick in both the daily and the 4 hour filter charts and the prince has started climbing. I think the target is around 1.2590. That said, the trend is still bearish and once the pullback is over it will likely continue its descent with long-term target being at least 1.2000.
Menjadi Anggota Sejak Jun 07, 2011
372 postingan
Oct 06, 2014 at 13:12
The dollar rose to a high of four years against other major currencies in September.
The dollar index is on track to reach one of its biggest monthly gain since February 2013 amid expectations that the Federal Reserve is close to increasing interest rates way.
The dollar index is on track to reach one of its biggest monthly gain since February 2013 amid expectations that the Federal Reserve is close to increasing interest rates way.
Menjadi Anggota Sejak Apr 09, 2014
832 postingan
Oct 06, 2014 at 14:38
Today is just another usual consolidation after big price changes, there seems a strong resistance around the 1.2570 area.
Menjadi Anggota Sejak Oct 08, 2011
135 postingan
Oct 06, 2014 at 15:12
now there is a buying opportunity (continuation hook) on the 1 hr. chart @ 1.2569 - trade to near 1.2607
"a little bit of knowledge is a dangerous thing"
Menjadi Anggota Sejak Apr 14, 2014
230 postingan
Oct 06, 2014 at 15:59
I'm waiting for a place to enter short again, as long as the price trading below 1.27, I'm expecting further decline to the downside.
Menjadi Anggota Sejak Jun 08, 2014
413 postingan
Oct 06, 2014 at 18:37
peeterwoolf posted:
I'm waiting for a place to enter short again, as long as the price trading below 1.27, I'm expecting further decline to the downside.
I agree with you on that, good luck.
Menjadi Anggota Sejak Jun 08, 2014
454 postingan
Oct 06, 2014 at 18:56
well let's see 1.2625 if it will hold the price or be broken , this will decide the short position if it's possible or not
Menjadi Anggota Sejak Oct 08, 2011
135 postingan
Oct 07, 2014 at 06:56
Trade reference: EUR/USD buy @ 1.2569
once prices trade through 1.2594 the SL can be moved to 1.2562, or to break-even
once prices trade through 1.2594 the SL can be moved to 1.2562, or to break-even
"a little bit of knowledge is a dangerous thing"
Menjadi Anggota Sejak Oct 08, 2011
135 postingan
Oct 07, 2014 at 06:57
Trade reference: EUR/USD buy @ 1.2569
Exit 1: near 1.2607
Exit 2: near 1.2639
Exit 3: near 1.2660
Exit 1: near 1.2607
Exit 2: near 1.2639
Exit 3: near 1.2660
"a little bit of knowledge is a dangerous thing"
Menjadi Anggota Sejak Oct 08, 2011
135 postingan
Oct 07, 2014 at 06:57
Exit 1: near 1.2607 - mission accomplished
for Exit2 and Exit3 it is important to mange the SL movement properly.
Best way to do this is in "sections".
for Exit2 and Exit3 it is important to mange the SL movement properly.
Best way to do this is in "sections".
"a little bit of knowledge is a dangerous thing"
