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

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

  1. #72886
    jerejim's Avatar
    jerejim is offline Member
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    And yes, Support/Resistance is my other point of hope... : )

  2. #72887
    Morris is offline Member
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    What's considered a large order in the EUR/USD Forex market? When I compare my order size to the Time and Sales ticker, my orders seem larger than most. Does this mean I need to scale my orders in smaller increments?

    Thanks,
    Morris

  3. #72888
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    Quote Originally Posted by Fx(MIA) View Post
    It is the same Indicator but uses the data of an indicator to give me results. Here is the thinking behind it. Lets say if a+b=c then it shows what a+b=c look like for indicator selected....Ie No variance.
    Yep, that is where I had got to - using the indicator data - I tend to use the averages of the indicator (in my case the MACD) over diferent time scales, tied into the the Moving averages I use. Combined, I get 'clouds' or bands on my MA's that have corresponding indicator averages. I am experimenting with different time frames on one chart (bit like Mr Chin) but it all looks a bit messy at mo.

    Makes money though!!!!!
    Daily Journal & 'Lines in the Sky' are located at http://iquaestor.blogspot.co.uk/

  4. #72889
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    Quote Originally Posted by Clivewaverider View Post
    I got My wave 9-11 count downhill since the B wave top (if it was a top there), and my MACD's are compressed enough to keep me from being shy. Just waiting for a confirmation play to go long. Probably no need to do anything more exciting than wait for daily pivot to be popped.
    Will take 1.3161 or close today - been a messy start but alls well that ends well.
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    banison and cw1 like this.
    Daily Journal & 'Lines in the Sky' are located at http://iquaestor.blogspot.co.uk/

  5. #72890
    Alejandro Zambrano's Avatar
    Alejandro Zambrano is online now DailyFX Moderator
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    Quote Originally Posted by jerejim View Post
    And yes, Support/Resistance is my other point of hope... : )
    Haha I understand So I am guessing that you are keeping these positions for some time then - what's the longest time you have held a position?

  6. #72891
    Sim3 is offline Member
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    There is a sudden surge in eur/usd.. 1.3123 now.. Super bullish now.
    Last edited by Sim3; 04-18-2012 at 10:48 AM.

  7. #72892
    Alejandro Zambrano's Avatar
    Alejandro Zambrano is online now DailyFX Moderator
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    Quote Originally Posted by Morris View Post
    What's considered a large order in the EUR/USD Forex market? When I compare my order size to the Time and Sales ticker, my orders seem larger than most. Does this mean I need to scale my orders in smaller increments?

    Thanks,
    Morris

    It depends on the time of the day but if you trade in clips bigger than 50 million then things are getting "big". In your case I would not care to much unless you don't get filled.

  8. #72893
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    Longest would be a week or week and a half. This one however I was just stopped out of with half profits.. Wait til later to get back in or tomorrow.

  9. #72894
    rcopadilla is online now Member
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    1 hour chart is bullish

    Back to buying the dips

  10. #72895
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    cw1
    cw1 is offline Gold Member
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    now i see inv HS

    Check this out??
    is it , can i t, did it, shoulda coulda woulda.......
    To a scalper the trend for the day is important but not the most important
    Divergence and pattern are ..and today i been playing shorts mostly then turned for longs near bottoms of he day luckily.....some nice swings.......

    My wife thinks if i wasnt married i would be a swinger....
    'climb aboard sweetcheecks lets pump up the jam ' i say i think the low is in for today
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    Take your profits or the market will take it from you....

  11. #72896
    MOZI32 is online now Member
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    Quote Originally Posted by MOZI32 View Post
    seems strong dollar and gbp only for now
    still cannot regain 1.3130 , still weak , i will not be surprised if we test back 1.30 while we are below 1.3130
    Spyros likes this.

  12. #72897
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    been buying the pruple support line this morning with stops at 3050 and now move up below 3100, still longs are not confirmed but 61.8% of rally this week held and we have broken out of a very deep flag. a break is not confirmed/better off till the yellow area is cleared.

    we are above the 100 and 200 bar MA on the 1 hr ( bullish bias) but they are flat, so we are in a range with in a range, with a silght bullish bias started from the move monday.

    Closed: Discuss EUR/USD News with a DailyFX Analyst-lines.jpg

  13. #72898
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    Quote Originally Posted by MOZI32 View Post
    still cannot regain 1.3130 , still weak , i will not be surprised if we test back 1.30 while we are below 1.3130
    I'm looking for indication of 1.3000 but see a move to 1.3200 with better indicator support with ICH D1 close below the floor yet to materialize.

    The OCO setup triggered for a mere 7 pips from open to close on this last push to 1.3130 got to relax those stops and review the spreads!

    My ICH H1 strategy showed once again that an early price intersection usually sees a push up to the top then a retrace to the low now ~1.3050.

    -Rod
    Holistic Method Euro Day Trader. Ask me how!
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  14. #72899
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    Quote Originally Posted by MOZI32 View Post
    still cannot regain 1.3130 , still weak , i will not be surprised if we test back 1.30 while we are below 1.3130
    I wish EUR hits this target until the end of the day
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  15. #72900
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    Quote Originally Posted by Spyros View Post
    I wish EUR hits this target until the end of the day
    It's been said H1 is bullsih and 3130-3150 could be tested before close.....

    Discalimer: No boats in the waters right now.
    Spyros likes this.
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