Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account

Poll: EURUSD end of year target.

Register


Results 37,681 to 37,695 of 50959
Page 2513 of 3398 FirstFirst ... 1513 2013 2413 2463 2503 2509 2510 2511 2512 2513 2514 2515 2516 2517 2523 2563 2613 3013 ... LastLast

Thread: EURUSD

  1. #37681
    joes1970 is offline Member
    Join Date
    Nov 2012
    Posts
    97
    Quote Originally Posted by Alejandro Zambrano View Post
    Yup - we need take out the 1.3250 level or at least close under 1.3266 on the 30 min time frame.

    Looking at the Candle sticks it looks like a good entry for a long with a stop just under 1.3250.

    People looking to go short would have entry to short under 1.3250.
    69% of retail traders already are short, same yesterday like yesterday. It looks they are on the good side.

  2. #37682
    hjalle is offline Member
    Join Date
    Jul 2013
    Posts
    74
    Quote Originally Posted by Alejandro Zambrano View Post
    Yup - we need take out the 1.3250 level or at least close under 1.3266 on the 30 min time frame.

    Looking at the Candle sticks it looks like a good entry for a long with a stop just under 1.3250.

    People looking to go short would have entry to short under 1.3250.

    Why 1,3266?

  3. #37683
    rcopadilla is online now Member
    Join Date
    Apr 2009
    Posts
    2,538

    1 min Chart

    Name:  EURUSD20130913m1.png
Views: 3830
Size:  110.0 KB
    The price action continues to drift upwards attracted by the confluence of upper bands shown on the 1min chart. This is the path of least resistance. Getting to R1 could be tougher but the 2 Hour chart indicates good odds of eventually getting there.

  4. #37684
    garr70's Avatar
    garr70 is offline Member
    Join Date
    Apr 2012
    Posts
    418
    Quote Originally Posted by rcopadilla View Post
    Name:  EURUSD20130913m1.png
Views: 3830
Size:  110.0 KB
    The price action continues to drift upwards attracted by the confluence of upper bands shown on the 1min chart. This is the path of least resistance. Getting to R1 could be tougher but the 2 Hour chart indicates good odds of eventually getting there.
    fed next week is whats holding things and winding things in, so obviously euro more likely to rise than fall. cannot wait for 18th otherwise would be hammering euro.


    http://www.youtube.com/watch?v=WJse-L7Wviw
    Last edited by garr70; 09-13-2013 at 02:30 PM.

  5. #37685
    Alejandro Zambrano's Avatar
    Alejandro Zambrano is offline DailyFX Analyst and Forum Moderator
    Join Date
    Feb 2010
    Posts
    22,011
    Blog Entries
    8
    London session review and outlook September 13 - 2013
    Review of markets covered in today's edition of Bulls vs. Bears: EUR/USD, GBP/USD, AUD/USD, FTSE100, S&P500, Gold, Brent Crude and WTI.

    This week's watch list. (Trending: Alejandro's weekly ideas)

    Today's Video

    Charts created using the FXCM Trading Station

    Additional educational presentations to the Analysis presentation above
    Using Time to predict reversals http://www.brainshark.com/fxcm/vu?pi=zHSz5RJoMz6tVxz0
    My take on Money management and Stop loss levels: http://t.co/ZMulJx0ayN
    How I use the Pivot point indicator: http://www.brainshark.com/fxcm/vu?pi=zJ2zaMqYuz6tVxz0


    Regards

    Alejandro Zambrano
    Market Analyst | DailyFX Forum (London)
    *Next Seminar - London - DailyFX Premium Course - 16th of December

  6. #37686
    joes1970 is offline Member
    Join Date
    Nov 2012
    Posts
    97
    If FXCM dollar index will continue to drop I belive will reach R1 on the end of sesion. imo

  7. #37687
    rcopadilla is online now Member
    Join Date
    Apr 2009
    Posts
    2,538
    Quote Originally Posted by garr70 View Post
    fed next week is whats holding things and winding things in, so obviously euro more likely to rise than fall!

    http://www.youtube.com/watch?v=WJse-L7Wviw
    The 1min chart is a very short term chart, useful for intraday trades. For stuff that happens intraweek, I would use the various hourly charts. I am not a fundie. News and events are not obvious to me.

  8. #37688
    rcopadilla is online now Member
    Join Date
    Apr 2009
    Posts
    2,538

    5 min Study

    Name:  EURUSD20130913m5b.png
Views: 3575
Size:  109.4 KB
    Confirmation of the bottom reversal is shown on the 5min chart by the price action crossing back over the BB20 midline (red line) and staying above (lows printing above the moving average).

  9. #37689
    Alejandro Zambrano's Avatar
    Alejandro Zambrano is offline DailyFX Analyst and Forum Moderator
    Join Date
    Feb 2010
    Posts
    22,011
    Blog Entries
    8
    Quote Originally Posted by hjalle View Post
    Why 1,3266?
    Hello,

    As that was the morning low created 6:30 am London time today and usually many people have sell orders just under the lows.
    So a break of this level should have triggered a sell off but as we can see we did not get the desired effect.

    At least not for me as I wanted to short


    30 min chart with the 1.3266 level
    Name:  EURUSD.png
Views: 3464
Size:  25.4 KB
    hjalle likes this.
    *Next Seminar - London - DailyFX Premium Course - 16th of December

  10. #37690
    stkelrey's Avatar
    stkelrey is offline Member
    Join Date
    Feb 2011
    Posts
    1,053
    Another day "in the zone" as we continue to be range bound.

  11. #37691
    Mozart's Avatar
    Mozart is offline Member
    Join Date
    Jul 2010
    Posts
    2,821

    Eur/Usd

    E/U workd out as planed this week whit some minor adjustments.Looking to go Long on a deeper pull back as mentioned

    Have a nice weekend
    Too Much Is Never Enough

  12. #37692
    rcopadilla is online now Member
    Join Date
    Apr 2009
    Posts
    2,538

    5 min Chart

    Name:  EURUSD20130913m5c.png
Views: 3059
Size:  109.8 KB
    With the 5 min chart showing an up cycle starting, it looks like next week's action should start off positive.

  13. #37693
    Global Money is offline Intermediate member
    Join Date
    Mar 2013
    Posts
    448
    Toptradr name
    Global

    Euro -Dollar

    Here is the current capped Status....short term traders are capped.. the mid-term traders that left a trade on for the weekend are in a decreasing Long bubble over all pair is still capped with short plays ideal.

    Attachment 239702

  14. #37694
    Global Money is offline Intermediate member
    Join Date
    Mar 2013
    Posts
    448
    Toptradr name
    Global

    Ana UpDate

    The average trader really does not know the impact of the meetings and News releases. I would like to suggest having a News release thread. For Instance Next week the feds are having a meeting and there is great discussion about the bond by back programs. If the fed reduces their buy back program how does it effect the markets. Well speaking with Ana my Eco-person says that a reduction in buying bond would result in an increase in interest rates and risk of inflation enters the picture. Which leaves me to the question, does that mean there are too many dollars in the system ie the dollar buys less or would there be some type of tighting to reduce the amount of dollars in the system?

  15. #37695
    nefre is offline Member
    Join Date
    May 2013
    Posts
    171
    B4 Markets Open
    Update on EU:
    If 1,3451 was a start of a new trend and move to 1,3104 was a wave I we are in wave II.
    "Normal" correction levels(if you could call normal any move in this business) in wave II are:
    1,3279, 1,3320 and 1,3371(some times 66,66% -1,3335-8). Only a brake of 1,3402 may take Euro to retests 1,3451. Brake of 1,3446 will invalidate wave count.
    2 options:
    1,3323 was corrective high or
    we going higher in 3 waves to below 1,3402,
    if 1,3252 was expflat of wave C then 1,3338-71 +/- few pips may do (max 1,3382)
    I will be adding shorts from one of that levels,
    or going long, or do nothing.
    Before you short or long do you own homework.
    lukes8 likes this.

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.