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

Originally Posted by stkelrey

Eurozone debt increases 380 billion euros in 2011. WOW, they have quietly hit 2/3rds of the QE II number. AND they need another 110 billion for bailouts.

Compare that to the US and consider that the EU, as a whole, is possibly a greater economy than the US (depends on the source, etc.)

Originally Posted by deha

Compare that to the US and consider that the EU, as a whole, is possibly a greater economy than the US (depends on the source, etc.)

Not sure I'm willing to buy off on that one. The EU is still a smaller economy with far less productivity. US has problems, no doubt. Neither out of the woods, believe the world economy is still on fragile footing. We all need to be careful in our trading, that's for sure.

Eska is make 30 pips in over night trades which is come good. Is I short this today now and be watch 1.4091 which is about target for triangle I is show in picture one other day. Then maybe is little think time

Hiii all ,i hope you are doing good, its almost 2 years for me in the forex world , learning ,trading , and watching your comments and charts , i learned a lot from you , and this my first post, i hope you accpet my humble experience ,
i will start it with a Q ? , i would be thankful if some one tell me how to understand or where to find courses related to the relation between the USD index and the the EUR/USD price and behavior ?

thanks in advance

Its always theory so here is my latest weekly with possibilities. Awlays trade the trend and have faith till it shows otherwise.



As always alternative views welcome should sell off continue would expect price to touch 1.4029 to 1.39X by end of week.
But keep in mind we have dropped a lot already so pullback or a pause or even 2 way action could be possible.

I dont think there is such a course but with time you learn what moves with what the Euro i think has about 50% of a basket of currencies that make up the DX (correct me if am wrong) and i think it is for this reason that they move in opposite direction at almost the same time.
If you are able to put the charts for the EURUSD and DX together you will understand what am talking about you chart pachage provide should be able to do that if not google around.

Originally Posted by Marjanian

Hiii all ,i hope you are doing good, its almost 2 years for me in the forex world , learning ,trading , and watching your comments and charts , i learned a lot from you , and this my first post, i hope you accpet my humble experience ,
i will start it with a Q ? , i would be thankful if some one tell me how to understand or where to find courses related to the relation between the USD index and the the EUR/USD price and behavior ?

thanks in advance

i placed one MARKET ORDER , i went off.. as i was expecting the price to drop.... n it just missed .00001pip can u imagine????? :-( a hard luck or a trick?
my T/P was at 1.41229 price didnt hit tht level????

Originally Posted by chaudhry

i placed one MARKET ORDER , i went off.. as i was expecting the price to drop.... n it just missed .00001pip can u imagine????? :-( a hard luck or a trick?
my T/P was at 1.41229 price didnt hit tht level????

I had that happen to me too. I was in the Euro (Long) got in at somewhere in 1.34 area set my stop at 1.3399 and had a trailing stop on it. Price came down to 1.34000 not nearly as close as you but almost the same.

Originally Posted by s_slo87

I had that happen to me too. I was in the Euro (Long) got in at somewhere in 1.34 area set my stop at 1.3399 and had a trailing stop on it. Price came down to 1.34000 not nearly as close as you but almost the same.

``A bad workman quarrels with his tools...`` but its purely a hardluck..... i was here when it was dropping, n i let it hit ma t.p n it missed............. hardluck..............
But doesnt matter there is always a next trade..... so no prb.. will get it sooon:-)....
gud luck all.. as we all need LOTS OF GUD LUCK.....
n
HAPPY TRADING......

Positive divergence on the MACD on the 5m, 30m & 1H?

Thank you Poundguy , wish u a good trade

Originally Posted by PoundGuy

I dont think there is such a course but with time you learn what moves with what the Euro i think has about 50% of a basket of currencies that make up the DX (correct me if am wrong) and i think it is for this reason that they move in opposite direction at almost the same time.
If you are able to put the charts for the EURUSD and DX together you will understand what am talking about you chart pachage provide should be able to do that if not google around.

Originally Posted by NHAppraiser

Positive divergence on the MACD on the 5m, 30m & 1H?

I bet it is a wrong signal. All my indics are bearish for the moment.

ECB’s Coene: April rate hike not a one-off

The hawkish comments have EUR/USD firming to fresh session highs at 1.4242 so far. Stops are seen above 1.4250.

Oil has climbed back from almost -300 pips since orning trading. I went long on it but bailed after 45 pips.
On a plus side went long on Dow jones my old favourite and bailed after 72 pips

Hawkish comments on eur and the bad jobs weakened the $ and thus USDx dropped against firmer euro. Risk went back on in the last hour or so and should provide a good rally to look for further short opportuities.....

Said it before and will say it again... you gotta swing trade this pair to gain the max possible pips. Short with the trend and long on scalps etc//... marvelous

Update...............

Originally Posted by AyoBro

Update...............

Agree. Just KOD to the 55 days SMA. Hiting lower now for a long time ...