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View Poll Results: What impact will the ECB Rate Decision have on the Euro?

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71. This poll is closed
  • Send Euro Higher!

    19 26.76%
  • Send the Euro Lower!

    48 67.61%
  • Will have no effect.

    4 5.63%
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Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

  1. #20266
    CodyB's Avatar
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    Quote Originally Posted by rickos69 View Post
    Cody, question.
    Are Friday's (holiday) pivots indicative? Or should I use Thursday's?
    Thanks.
    try these if you have mt4

    they are for sunday
    Attached Files Attached Files
    Don't Chase the market let the market come to you

  2. #20267
    rickos's Avatar
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    Quote Originally Posted by CodyB View Post
    try these if you have mt4

    they are for sunday
    Sorry, just tradingstation. So, which should I use? BTW, I didn't like the way things moved on Friday. But, then I didn't have any open trades. I closed everything out Thursday morning.
    Live Long And Prosper!
    Rickos.

  3. #20268
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    Quote Originally Posted by rickos69 View Post
    Sorry, just tradingstation. So, which should I use? BTW, I didn't like the way things moved on Friday. But, then I didn't have any open trades. I closed everything out Thursday morning.
    for sunday you need new PP's.

    Forex Trading, Currency Forecast, FX Trading Signal, Forex Training Course, Education, Tutorial, FX Book, Forex ebook, Learn to Trade Forex, FX Guide, Pivot Points, Currency Rates, Forex Secret, Forex Brokers, Currency Trading System, Online Forex Ma

    you can look here for some help
    Don't Chase the market let the market come to you

  4. #20269
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    I understand that. I was just thinking, that since Friday's trading was not so indicative due to the holiday, if maybe I should use Thursday's for Sunday. But, ok, I'll use Friday's.
    thanks.

    BTW, here's another site that may interest you. It's something like what you posted.

    http://www.livecharts.co.uk/Members/...rex_pivots.php
    Last edited by rickos; 07-05-2009 at 12:18 PM.
    Live Long And Prosper!
    Rickos.

  5. #20270
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    Quote Originally Posted by rickos69 View Post
    I understand that. I was just thinking, that since Friday's trading was not so indicative due to the holiday, if maybe I should use Thursday's for Sunday. But, ok, I'll use Friday's.
    thanks.

    BTW, here's another site that may interest you. It's something like what you posted.

    Forex Pivot Points - Free Daily Pivot Points and Camarilla Levels
    yes I like live charts because you can detach them for small charts

    why not install a demo MT4 and use it for pivots if TS does not offer this option?
    Don't Chase the market let the market come to you

  6. #20271
    Divakar is offline Member
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    Thumbs up Indicators

    Hello CodyB

    Ur INDICATOR.ZIP contains 3 files.....r these all can be used for daily or meant for sunday only is not clear.....can u pl clear it...waiting for ur response.

    thanks

  7. #20272
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    Quote Originally Posted by CodyB View Post
    yes I like live charts because you can detach them for small charts

    why not install a demo MT4 and use it for pivots if TS does not offer this option?
    Ok. Maybe I'm not making clear what I'm asking, I'm sorry.
    TradingStation has pivots, and I am using them very nicely. My question was, since Friday was very thin due to the holiday in the US, are the pivots valid? Or should I use Thursday's. In other words, do you think Sunday will adhere to the pivot points from Friday's trading?
    Live Long And Prosper!
    Rickos.

  8. #20273
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    Quote Originally Posted by rickos69 View Post
    Ok. Maybe I'm not making clear what I'm asking, I'm sorry.
    TradingStation has pivots, and I am using them very nicely. My question was, since Friday was very thin due to the holiday in the US, are the pivots valid? Or should I use Thursday's. In other words, do you think Sunday will adhere to the pivot points from Friday's trading?
    no

    new pivots are needed everyday at broker close time, your Friday and Thursday are no good at the end of that day
    Don't Chase the market let the market come to you

  9. #20274
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    Quote Originally Posted by Divakar View Post
    Hello CodyB

    Ur INDICATOR.ZIP contains 3 files.....r these all can be used for daily or meant for sunday only is not clear.....can u pl clear it...waiting for ur response.

    thanks
    those are labeled Sunday because they are good for sunday only
    you have only a short day for sunday and they will calculate them based off fridays close and sunday open

    remove them after sunday
    Don't Chase the market let the market come to you

  10. #20275
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    something else to watch for that I have mentioned before on sundays is to watch the majors to head towards pivot.

    they will not always make it TO pivot but almost without fail will head TOWARDS pivot.

    today I expect to see EU GU chf cad aussie EJ and GJ head there

    they may not make it there but watch price action at open and beware of the open spreads and trade smart...

    sundays can make an entire weeks worth of pips before US session
    Don't Chase the market let the market come to you

  11. #20276
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    if you like to trade euro then look to Euro/Cad this week

    not a perfect setup but daily chart looks pretty
    Don't Chase the market let the market come to you

  12. #20277
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    Quote Originally Posted by rickos69 View Post
    Ok. Maybe I'm not making clear what I'm asking, I'm sorry.
    TradingStation has pivots, and I am using them very nicely. My question was, since Friday was very thin due to the holiday in the US, are the pivots valid? Or should I use Thursday's. In other words, do you think Sunday will adhere to the pivot points from Friday's trading?
    what you can also do for sunday trades is plot your fibs from fridays moves and trade off them in place of pivots.
    Don't Chase the market let the market come to you

  13. #20278
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    Quote Originally Posted by CodyB View Post
    something else to watch for that I have mentioned before on sundays is to watch the majors to head towards pivot.

    they will not always make it TO pivot but almost without fail will head TOWARDS pivot.

    today I expect to see EU GU chf cad aussie EJ and GJ head there

    they may not make it there but watch price action at open and beware of the open spreads and trade smart...

    sundays can make an entire weeks worth of pips before US session
    Well, according to Friday's pivots, EU is sitting right AT the pivot. Kinda tough to move any closer.
    Live Long And Prosper!
    Rickos.

  14. #20279
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    Quote Originally Posted by rickos69 View Post
    Well, according to Friday's pivots, EU is sitting right AT the pivot. Kinda tough to move any closer.
    before market open PP was above 1.4 from friday but now that its recalculated all of them are real close..
    point is to look for this sunday nights
    Don't Chase the market let the market come to you

  15. #20280
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    Possible move up

    Since I'm new at this, after review the recent post. Take a look at the daily. After such a close on Friday, it appears to move upward the following day more times than not. I too am looking forward to getting some kind of indication as to which direction it will take a more permanent move. I believe it will be down in the long term.

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