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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. #66106
    Fx(MIA) is offline Member
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    don't you hate that.....at least you had stops in place.... i got caught without one time...it was painful.....glad your good now...

  2. #66107
    fady m is offline Registered User
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    euro/$ bearish

    i don't see any support would come out from the president speech tom, i see the market will respond negatively and disappointingly even before the speech and after. we need drilling for oil and big efficient refinance program, things the president doesn't pay enough attention to. the money supply is not the problem and a tax cut won't be enough as long as it spurs inflation. actually we are lacking opportunities not money which makes more money useless. the market is going its way down, i see oil is going down to $70 may be 65. i would buy $ against the euro and the Canadian.

  3. #66108
    rjmah319 is offline Member
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    now she cant log on again

  4. #66109
    Fx(MIA) is offline Member
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    That's cool, the way I see it lower oil would be great for the economy......its like going to the dentist and not wanting feel the initial stick of the needle BUT You GOT to do it to feel better......No body wants to pay........but hey after the crazy stuff I heard tonight especially from a candidate who's state can't pay teachers and is ranked 47th in basic reading /math skills....Yeah lets do it lets find another bubble to solve this situation......(oil Shell) lets continue to kill the world.......if we are going to create a bubble to get out of this mess lets make it a good one like a (green bubble) its healthier.....Need jobs!!! how about self employment....the only way out is to inflate it and pay it with cheaper dollar.


    Quote Originally Posted by fady m View Post
    i don't see any support would come out from the president speech tom, i see the market will respond negatively and disappointingly even before the speech and after. we need drilling for oil and big efficient refinance program, things the president doesn't pay enough attention to. the money supply is not the problem and a tax cut won't be enough as long as it spurs inflation. actually we are lacking opportunities not money which makes more money useless. the market is going its way down, i see oil is going down to $70 may be 65. i would buy $ against the euro and the Canadian.

  5. #66110
    gerontocracy's Avatar
    gerontocracy is offline Moderator
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    Quote Originally Posted by fady m View Post
    i don't see any support would come out from the president speech tom, i see the market will respond negatively and disappointingly even before the speech and after. we need drilling for oil and big efficient refinance program, things the president doesn't pay enough attention to. the money supply is not the problem and a tax cut won't be enough as long as it spurs inflation. actually we are lacking opportunities not money which makes more money useless. the market is going its way down, i see oil is going down to $70 may be 65. i would buy $ against the euro and the Canadian.
    euro/usd: neutral,1.40 support
    over-optimistic is a long-lasting story, stock even factored in yesterday with dow up 2.47%.
    顺势而为,严格止损!



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  6. #66111
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    Quote Originally Posted by AyoBro View Post
    Thanks guys for the 'welcome back'. Thanks Greg for the upcoming news events, I totally forgot about these high priority events.
    YoYo............ when does ur vacation ends................. Still MIA to me...........

    GL...
    Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us—
    The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
    Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...

  7. #66112
    Maged Soliman is offline Member
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    W1 EW count

    Hello All
    Thank you for helping me previously with my EW count .. Please let me know about what you think about this one ...

    GL Trading for ALL
    Attached Thumbnails Attached Thumbnails Closed: Discuss EUR/USD News with a DailyFX Analyst-e-d-w1.jpg  

    Aim High .................
    SOLIMAN

  8. #66113
    stryker's Avatar
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    Quote Originally Posted by MysticMegatron View Post
    hey stryker, been tryin to steal your style
    hmmm.. i didn't know if I have a style... lol..............
    and Paul is rt as well........
    EU 30 mins and a possible HNS formation... Well not a perfect HNS anyways...

    GL..
    Attached Thumbnails Attached Thumbnails Closed: Discuss EUR/USD News with a DailyFX Analyst-hns-30.jpg  

    Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us—
    The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
    Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...

  9. #66114
    Alejandro Zambrano's Avatar
    Alejandro Zambrano is online now DailyFX Moderator
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    EUR/USD September 8 - 2011

    EUR/USD is looking fairly bullish as long as price trades above 1.40 however to be on the safe side I assume traders will see a breakout above the high of 1.4110 as their cue for long positions. If price trades above 1.4110 EUR/USD will most likely trade to 1.4240 which is today's R2 level and as long as price trades below 1.4110 price will drift to 1.40.




    EUR/USD 30 min chart



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  10. #66115
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    Alejandro Zambrano is online now DailyFX Moderator
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    Quote Originally Posted by Fx(MIA) View Post
    FXCM Platform Status Center-----http://support.fxcm.com/status/ -------

    Hanging Orders and No Phone Trading

    Hanging Orders and No Phone Trading »
    Hanging Orders and No Phone Trading
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    Quote Originally Posted by rjmah319 View Post
    I guess its fixed now. Wife is on and i can move stops and limits.

    Sorry for this guys. If you lost money due the down time and open positions then I would suggest that you use the audit form at FXCM Support Portal and you will probably be compensated.



    Thanks
    Alejandro

  11. #66116
    stryker's Avatar
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    Quote Originally Posted by Alejandro Zambrano View Post
    EUR/USD September 8 - 2011

    EUR/USD is looking fairly bullish as long as price trades above 1.40 however to be on the safe side I assume traders will see a breakout above the high of 1.4110 as their cue for long positions. If price trades above 1.4110 EUR/USD will most likely trade to 1.4240 which is today's R2 level and as long as price trades below 1.4110 price will drift to 1.40.
    I agree as im into playing this 15 mins out and depending when we break higher if we do, then 4245-60 is possible..
    downside tgts would be 3855 extended to 3811...
    other is 2 hrs n 4 hr side by side...

    GL..
    Attached Thumbnails Attached Thumbnails Closed: Discuss EUR/USD News with a DailyFX Analyst-will-15-today.jpg  

    Closed: Discuss EUR/USD News with a DailyFX Analyst-2-n-4-hrs-can-break-higher-well.jpg  

    Alejandro Zambrano likes this.
    Patience is virtue. The sooner we learn this all, sooner we can start walking to the bank. Good Luck to all of us—
    The trick is to wait the price meet ur limits, instead of one jumping in.. however scalps is a totally different scenario and is not everyone's cup of tea
    Disclaimer: I'm not at all suggesting trades when by either posting the graphs, or my entries. You can view it, but in the end you have to use your own logic and approach, as there is no certainty about this uncertain market...

  12. #66117
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    Quote Originally Posted by Paul Chin View Post
    You do realize you cannot be wrong with all these lines, predicting both up and down, don't ya? One of these lines not gonna be hit is quite low really.

    The direction should be clear, and it's SHORT!
    yeah, i just put the letters in the right place

  13. #66118
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    Quote Originally Posted by stryker View Post
    hmmm.. i didn't know if I have a style... lol..............
    and Paul is rt as well........
    EU 30 mins and a possible HNS formation... Well not a perfect HNS anyways...

    GL..
    anyone whos made more than 30k in a day has a style, in my definition anyway, and what you've posted has definately helped me improve. I've not been much for trendlines in the past but couple it with the EW stuff and I find you can explain nearly every turning point...

    GL to you

  14. #66119
    Mary R's Avatar
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    what happened to the real time news? not a very good time to not be working
    captester likes this.

  15. #66120
    Gregory McLeod's Avatar
    Gregory McLeod is offline DailyFX Moderator/Trader
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    Pip and Run Trading Room Results: 6 Wins out of 8 Trades for +33.9 Pips

    Pip and Run Trading Room Results: 6 Wins out of 8 Trades for +33.9 Pips
    I was able to score 14 pips off of shorting GBPUSD trading a quick pullback after the Bank of England left rates unchanged. The first GBP/USD short made 10 pips in 2 minutes. The second time I shorted pulling out 4 pips in 1 minute. Then Cable shot back up much higher.
    I have one open EURCHF position short to try to catch some large move on Euro weakness and a possible retracement of the tremendous EURCHF Intervention move earlier this week.

    Come to the trading room tomorrow to see how that trade is going!
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    Attached Thumbnails Attached Thumbnails Closed: Discuss EUR/USD News with a DailyFX Analyst-1.jpg  

    JavaIndoTrader likes this.
    Trader, Gregory McLeod moderates the DailyFX Forum.

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