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EUR/USD

Discussion in 'Forex and Cryptocurrencies' started by SeM0s, May 12, 2011.

  1. Stratanu

    Stratanu

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    The EURUSD confirmed a mixed closing last night managing however to remain above the 1,10 level. The pair is still interior the negative outside day with 1,1110 – 1,0885 still the levels to follow. Only a daily closing above 1,1110 will support higher levels.
    However, while below the 200 days line at 1,1111 the pair will remain under pressure!!
    The indicators of the daily chart are still well negative for now while those of the s/t charts are instead still showing a mixed picture supporting further consolidation/ correction. Only an hourly closing above 1,1075 will favour a higher retracement suggesting a 1,11 overshooting!!
    I stay still on the sideline waiting for higher levels to sell!!
     
  2. Wysiwyg

    Wysiwyg Everyone wants money

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    450 pip day bar so far. Must be some sort of record. :D
     
  3. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    My IG Markets Eur/Usd is quoting much lower than the currency futures...is this a normal thing?
     

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  4. Andrea ForexMart

    Andrea ForexMart

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    Fundamental Analysis: February 15

    A down fall of stock markets is an aftermath of concerns about the global economic outlook which also caused the US dollar to be under pressure last Friday. The demand for the yen and the euro heightened. And because of the celebration of Chinese New Year, the Chinese market was closed.

    The Japanese Finance Minister enlightened the investors that the fleet growth of Japanese yen could be a factor of the regulator's mediation. If there's a need to restrict the yen's growth, the bank will take all the necessary measures to make this happen. The exchange rate has been lately demonstrating quite sharp inconsistency that vary from the BoJ's financial policy, the Finance Minister stated.

    The Gross Domestic Product of the Eurozone (q/) stayed at the same level of 0.3%, as claimed by the Eurostat.

    On Friday, the US retail sales forecast for January was issued. The report was at 0.1%, the index occurred at 0.2%. In the initial estimate, the Michigan University Consumer Confidence Index for February was anticipated to increase by 92.6 from 92.0 in January. The index occurred at 90.7, much lesser than it was expected.

    EURUSDH415.png
     
  5. nazemi

    nazemi

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    Hi.do you know any group in telegram messenger or whatsup or android about forex?
     
  6. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    Fade the morning trend anyone?
     

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  7. Lone Wolf

    Lone Wolf

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    You would need to make sure you could actually keep trading it through that three year period in the middle where it did noting. Although as I understand it, you're trading a portfolio of different strategies. That would make it much easier to handle. You might not mind if one strategy goes sideways for a while, so long as it's not actually losing you money.

    Nice work though, I've seen that sexy DAX curve in the other thread too. Looks like it's all coming together for you. Great to see. :xyxthumbs
     
  8. CanOz

    CanOz Home runs feel good, but base hits pay bills!

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    Thanks wolf, that euro system is unfiltered and as quant mentioned to me today, a volatility filter a larger time frame would likely help. These recent tests are from strategies just back from my coder, so very early stages of development.

    Yeah, lots of work on lots of old ideas. It's worth it though to come up with something that you can't just optimise to death...!
     
  9. M54

    M54

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    could anyone forecast please
     
  10. Triathlete

    Triathlete Keep it Simple..!

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  11. cogs

    cogs

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  12. cogs

    cogs

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    I feel it's only a matter of time.

    The grind down of the USD seems to be bouncing the EUR off the 1.15 ceiling. HK session has just attempted to put in a top

    Thought I might add, this pair has unfinished business down at 1.08.
     

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  13. cogs

    cogs

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    Be interesting to see if this breaks. It appears most pairs have settled in short term middle range waiting on Trumps trade deal with china, not that I believe news moves FX, but fundamentals short term should show up on this pair also.
    If the EUR breaks to the up side first target will be hidden gap fill, then it will be targeting 1.16 IMO, as there are orders up there still waiting to be closed. It is easy to see now the HK asian top yesterday was false, with their orders yet to be closed.
    This pair has been a pig to trade IMO (again), but I stand ready to pounce either way.
     

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  14. cogs

    cogs

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    Hidden gap filled, another created and heading for 1.16 target with new buyers coming in, and maybe, just maybe the completion of hidden gap fill 1.16180 - 1.16375.
    At least it's out of the ugly range, still no incentive for trading either way.
     

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    Kryzz likes this.
  15. Kryzz

    Kryzz shaun

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    Been waiting for that range to be taken out, finally.
     
  16. cogs

    cogs

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    My thoughts for tonight and/or early next week.
    After the Asian short squeeze up today we may see more hidden gap retrace down then onward and upward to close out positions from London US long squeeze.
     

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  17. cogs

    cogs

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    First leg played out as expected. New hidden gap opened up for the fade upward to begin early next week.

    But who bloody knows what Brexit is going to do and how it will affect this pair. The Asian session seems to well situated for big fades at the moment.

    Still open positions to be closed out up to 1.15680.
    I still think this pair is filling positions medium term for a larger move down.

    EURUSD T3.png
     
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