EURUSD....Euro

[>Apocalypto<]

Re: Euro.... (going up again?)

I think I have tempted fate on this one but hey u only live once!

trend on the euro looks very decent to me a nice big continuation pattern in the works that may break out with out another touch of the trend line or it may touch.

i have taken long two mini's on it, I am speculating with the strengh in gold and it usd/jpy that the euro/usd may break out of this range and push higher the next test if it dose is where it makes it's next higher low(if it does) entry at 13654

good trading

A lot of pain last night! after the FED treasurer made his comments, It broke out hard in my favor and came back down twice as fast! Opened new longs when it looked to have bottomed but it slipped again after I went to sleep!

Lots of paper profits made and lost with a little interest!

 

[Kauri]

Re: Euro.... (going up again?)

Looking for a swing-low for a possible quick short down into a minor W2.
Cheers
..........Kauri

 

[Kauri]

Re: Euro.... (going up again?)

Looking for a swing-low for a possible quick short down into a minor W2.
Cheers
..........Kauri

Well we got our swing-low... now to see if she goes on with it from here...
Cheers
..........Kauri

 

[>Apocalypto<]

Re: Euro.... (going up again?)

Well we got our swing-low... now to see if she goes on with it from here...
Cheers
..........Kauri

Hi Kauri,

did u get in on it?

I was stopped on a long mid afternoon. but early this evening when i saw the new 4 hour bar as a green one convinced me to have another shot. Took profits now was fast and sweet!

 

[Naif]

Re: Euro.... (going up again?)

eurusd now is 1.3881 and the high till now is 1.3929 ....
eurusd is getting ready for a new rally to 1.4000 and all the market is expecting that fed will cut intrest rates .25 or .50...
long is a good idea from support.. right now i am waiting to buy from 1.3860 and the stop loss is 25pips only ...
i usually trade with stop loss and always try to make my ratio 1:3

 

[Naif]

Re: Euro.... (going up again?)

eurusd now is 1.3881 and the high till now is 1.3929 ....
eurusd is getting ready for a new rally to 1.4000 and all the market is expecting that fed will cut intrest rates .25 or .50...
long is a good idea from support.. right now i am waiting to buy from 1.3860 and the stop loss is 25pips only ...
i usually trade with stop loss and always try to make my ratio 1:3

i have cancelled the order, as we see in the hourly chart, a new decsending channel and i think its going to test 1.3770

 

[>Apocalypto<]

Re: Euro.... (going up again?)

i have cancelled the order, as we see in the hourly chart, a new decsending channel and i think its going to test 1.3770

Naif,

I am also waiting on the EURO and AUD/USD

They are in standard retraces in my opinion. I still think there is another break out on the cards as long as the current situation continues.

Some big data coming out tonight as well.

 

[x2rider]

Re: Euro.... (going up again?)

Hi folks
I am also trading the euro at the moment and seems to have found a bit of support at 1.364. I have just added to my position with the lookout for a double top tonight with the chance for a quick short.
I have been building the position for a while so this latest pull back is nothing to get to alarmed about just a good place to buy a little more.
I don't think 1.40 will be a stop for it either. I have a target of 1.42.

Cheers martin

 

[Naif]

Re: Euro.... (going up again?)

Naif,

I am also waiting on the EURO and AUD/USD

They are in standard retraces in my opinion. I still think there is another break out on the cards as long as the current situation continues.

Some big data coming out tonight as well.

Hi Trade_it ,

about the aud/usd i prefer to watch it now, cuz i think the picture is still not clear for me if its going up or down..
the trend of EURUSD is up and because the market expected that the fed will cut the intrest rates .50 or .25 the eurusd this week records new high and in my opinion today the eurusd will break down 1.3860 and go to test 1.3773 before it continues, eurusd must correct before the rally to 1.3990..
and its expected that todays usa data will improve..
check this report
http://www.dailyfx.com/story/dailyf...S_Dollar_Hits_Fresh_Record_1189716594948.html

good luck

 

[Naif]

Re: Euro.... (going up again?)

Hi folks
I am also trading the euro at the moment and seems to have found a bit of support at 1.364. I have just added to my position with the lookout for a double top tonight with the chance for a quick short.
I have been building the position for a while so this latest pull back is nothing to get to alarmed about just a good place to buy a little more.
I don't think 1.40 will be a stop for it either. I have a target of 1.42.

Cheers martin

hi x2ruder..
i do agree with u that the trend is up.. but u said that eurusd found a bit of support at 1.364 , do u mean 1.3864? because the stops right now are below 1.3860 and the break of this support means that eurusd is going to test 1.3773 before it continiues .. but if you mean 1.3640 , then i would say that 1.3678 is very important support and the break of this support means that the trend for the short term will be down...

cheers

 

[Naif]

Re: Euro.... (going up again?)

Belgian FinMin said that Strong Euro Hurts Exports ,
is that a signal that today eurusd will break down 1.3860 ?? if the usa data improves then that wud help alot...

lets see

 

[Naif]

Re: Euro.... (going up again?)

and EuroGroup"s Junker said I Was More Concerned About Weak Euro ...

 

[x2rider]

Re: Euro.... (going up again?)

hi Naif
Smaller time periods I think . I am looking a bit more short term at the moment and did mean 1.3864. It has bounced from this point a few times in the last couple of days and still looks to be climbing from this support again .

I have different types of trades going on the same currency some longer term and some just short . But as long as we are all making some money then it's all good

Cheers martin

 

[Kauri]

Re: Euro.... (going up again?)

And just to be completely contrarian I am looking for an opportunity to go short...

Cheers
..........Kauri

 

[DonAqua]

Re: Euro.... (going up again?)

And just to be completely contrarian I am looking for an opportunity to go short...

Cheers
..........Kauri

Me, too. Contrarian, I mean. Some analyst say Euro will go to 1.45 within a few weeks. For me, there's too much pessimism with the Dollar for the moment with all type of folks. If it would be the stockmarket, then that would normally be an indication for a turnaround coming soon. But who knows.

 

[Kauri]

Re: Euro.... (going up again?)

Me, too. Contrarian, I mean. Some analyst say Euro will go to 1.45 within a few weeks. For me, there's too much pessimism with the Dollar for the moment with all type of folks. If it would be the stockmarket, then that would normally be an indication for a turnaround coming soon. But who knows.

Hi Don,
Not sure if my W4 has yet to complete but am starting to get that bullish feeling again..
Cheers
..........Kauri

 

[>Apocalypto<]

Re: Euro.... (going up again?)

Hi Don,
Not sure if my W4 has yet to complete but am starting to get that bullish feeling again..
Cheers
..........Kauri

Hi Kauri,

agree about the bullish feeling on this pair

I Have taken a long on the eur/usd. seeing the latest minor move starting that is breaching the downward resistance.

I have a feeling it may pullback a little i have the fib points in, on a higher low being made around those levels i will look to add to this trade.

see chart

 

[Kauri]

Re: Euro.... (going up again?)

Hi Don,
Not sure if my W4 has yet to complete but am starting to get that bullish feeling again..
Cheers
..........Kauri

Am in looking for a fifth wave.. I'll see what the U.S does to the pair tonight..
Cheers
..........Kauri

 

[>Apocalypto<]

Re: Euro.... (going up again?)

interesting pattern on the euro/usd

i am seeing a bullish set up here strong break up off a trend line now forming a band. looking for another test of support or a small position on a break out.

notice the support line that became resistance and has now become support.

aud also showing signs of further higher prices. euro is my pick as it's charging up in this range.

 

[>Apocalypto<]

Re: Euro.... (going up again?)

interesting pattern on the euro/usd

i am seeing a bullish set up here strong break up off a trend line now forming a band. looking for another test of support or a small position on a break out.

notice the support line that became resistance and has now become support.

aud also showing signs of further higher prices. euro is my pick as it's charging up in this range.

broke out i am long on the eur/usd from lunch time today.