EDIT: the mid of 270 is 135 add this too 1527 you get 1662 and the mid of 135 is 67,5 add this to 1527 you will get 1594.5 we can expect some resistance there at 1594
1630-33 is a key lvl. For today a move higher to 1566 favors a 1583-85 touch.. Did a layout on gold on the gold n oil section...
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...
When I visit this thread is because of EUR/USD and anything that's associated with this pair. I'm saying this because it is being so hard to read all the posts, I mean people we loose time by trying to read thru all the posts. Of course I am noone to say this as I am not the owner, but please find the right thread. My suggestion only. Anybody agrees with me? Please?
Hope you get me right, and I am smiling as you're all my friends here
AV1
ps: Turmaz I now see you posted GOLD, I didn't say this because of your last post, don't get me wrong, this is general and way before.
no offense but i don mind any posts in here as long as they r informative n related to forex, n i enjoy readin em, even though i don get much time to post ma reply as too much busy with charts n stuff but i wud suggest don be so hard on this thread, everyone is free to post their charts n analysis along with some light chit chat to keep the tradin pressure/heat low,
really glad to see some new traders in here, keep up the gud work guys
in this post my fellow trader you will find two "crap" charts named chart "a" and chart "b"
chart "A" is a line chart and you will notice in this chart that the prices are respecting the down line for 12 days now and we need a daily close above the down line on the line to to confirm the new uptrend after the restest of this down line successfully and in the line chart "A" you will notice the horizontal support at 2666 and exactly todays lows.
and the chart "B" is the candle stick for of chart "A" so you can see the high and lows clearly!
Is there a way for moderator to move NON EUR/USD posts to appropriate forum thread?
Hello Rasputin! The current thread has been used as a catch all for all topics for many years. The reason we have such a vibrant and diverse posters is because this thread is a "catch all". This is not typical for most forums on the internet and I understand your points and concerns as it has been discussed. I believe we have reached a certain amount of momentum where new threads can be self-sustaining.
In the past, a new thread gets created and people like the idea post a few times soon but interest wanes and they return back to the "catch all" Euro thread. We are then left with numerous "ghost" threads.
The current poll has a majority of people liking the current content flow and type. So it would be unfair to the majority to change this thread for a few. But it makes perfect sense to have the type of thread you want to create. In this way, you can save time and focus only on Euro price action. It is a healthy split, I would like to see those interested step up and to commit to keeping the thread vibrant with content.
What are your thoughts?
Last edited by Gregory McLeod; 05-17-2012 at 02:38 PM.
Reason: Thread Created
Trader, Gregory McLeod moderates the DailyFX Forum.
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My thesis of a couple posts back that Canada and Britain might come to be seen as the new safe havens was strikingly disconfirmed by the immediate reactions to this morning's bad US numbers print: dollar tanked against euro and yen, but spiked UP against the loonie while the pound did its usual zigging and zagging. Apparently Japan and Europe are still seen as the alternatives to America. This makes me say "What the... financial markets?" since Bank of Japan is bound to make another sneak attack on the yen, and Europe is (yawn) still collapsing into rubble; however, the big money continues to aggressively not ask my opinion.
Heads up if you haven't seen: Moody credit ratings coming out around 3PM New York time, expected to downgrade Spanish banks, amid rumors the government may abruptly nationalize some of the weakest. Rumor on the streets in Greece has it that this weekend, banks will rubber-stamp all the bills in their vaults "GREEK EURO" to prepare for when they cannot be exchanged 1:1 with "real" euros-- uh, no, I don't think that's how it would be handled, but it is sparking continued withdrawals by those who haven't mattressed their money already. Syriza (Radical party) is in the upper 20's after outrage at the perceived German attempt to manipulate the election; if they get 1/3 of the vote that counts, that's 100 seats for vote share + 50 for first place and they don't need any coalition partners-- if blank ballots + votes for parties failing to make 3% cutoff exceed 10% (was 18% last time around, expected to be rather less this time as the voters are more serious), that would only take ~30% and Syriza is within striking distance of that already.
I have pretty much explain everything within the charts..
USD is emphasized since USD is the one to look for at the present..
8 hrs USD chart did its role forming a top... 30 mins USD is simply showing the staircase or an elevator if the USD would prefer as next steps to overcome..
hence if the 30 mins triangle resis ( earlier supp) can with hold we should see the gradual move lower...
2835 on EURO expected if USD continue to hold under 10105 and the prime lvl as of now on euro for 2moro should be coming to around 2915-22....
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...
Is there a way for moderator to move NON EUR/USD posts to appropriate forum thread?
Originally Posted by Gregory McLeod
Hello Rasputin! The current thread has been used as a catch all for all topics for many years. The reason we have such a vibrant and diverse posters is because this thread is a "catch all". This is not typical for most forums on the internet and I understand your points and concerns as it has been discussed. I believe we have reached a certain amount of momentum where new threads can be self-sustaining.
In the past, a new thread gets created and people like the idea post a few times soon but interest wanes and they return back to the "catch all" Euro thread. We are then left with numerous "ghost" threads.
A better idea would be to create separate purely Euro-Centric/Euro purist trading sub thread that only discusses Euro trading technicals and price action. A Guest Moderator will have the responsibility of moving non Euro posts back to this general Euro thread and those that want to be part of that can post there and maybe share their posts with the general thread as they have time or interest.
The current poll has a majority of people liking the current content flow and type. So it would be unfair to the majority to change this thread for a few. But it makes perfect sense to have the type of thread you want to create. In this way, you can save time and focus only on Euro price action. It is a healthy split, I would like to see those interested step up and to commit to keeping the thread vibrant with content.
What are your thoughts?
Originally Posted by AV1
Hello traders,
When I visit this thread is because of EUR/USD and anything that's associated with this pair. I'm saying this because it is being so hard to read all the posts, I mean people we loose time by trying to read thru all the posts. Of course I am noone to say this as I am not the owner, but please find the right thread. My suggestion only. Anybody agrees with me? Please?
Hope you get me right, and I am smiling as you're all my friends here
AV1
ps: Turmaz I now see you posted GOLD, I didn't say this because of your last post, don't get me wrong, this is general and way before.
The Purely EUR/USD Trading Thread
Hello Traders!
You wanted it! You asked for it! You have it. Welcome to the EUR/USD Only Euro! The name says it all. Please share your EUR/USD strategies, charts, and technical trading ideas in this thread. If you want to debate or discuss politics, correlated markets, and fundamentals, please feel free to continue to post in the EUR/USD General Thread.If you would be so kind to share your posts with the general thread! (that's the thread we are in now! sorry I did not make that clear.
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Hello Rasputin! The current thread has been used as a catch all for all topics for many years. The reason we have such a vibrant and diverse posters is because this thread is a "catch all". This is not typical for most forums on the internet and I understand your points and concerns as it has been discussed. I believe we have reached a certain amount of momentum where new threads can be self-sustaining.
In the past, a new thread gets created and people like the idea post a few times soon but interest wanes and they return back to the "catch all" Euro thread. We are then left with numerous "ghost" threads.
A better idea would be to create separate purely Euro-Centric/Euro purist trading sub thread that only discusses Euro trading technicals and price action. A Guest Moderator will have the responsibility of moving non Euro posts back to this general Euro thread and those that want to be part of that can post there and maybe share their posts with the general thread as they have time or interest.
The current poll has a majority of people liking the current content flow and type. So it would be unfair to the majority to change this thread for a few. But it makes perfect sense to have the type of thread you want to create. In this way, you can save time and focus only on Euro price action. It is a healthy split, I would like to see those interested step up and to commit to keeping the thread vibrant with content.
What are your thoughts?
I would add to it that it takes considerale amount of time to post and posting on various threads is simply more time consuming.. I'm posting on gold / GU / Indices and at times on JPY pairs.. I was posting all on euro thread earlier.. but posting them seperately now, well at times I have things to post but simply don't cuz it is more time consuming esp with open positions on hand..
What I'm trying to say is that ppl put effort and as Chaudry mentioned some chit chat is too take mind off from trading for a while and to ease up a bit...........
More over, what seems irrelevant to you or if you don't wish to read certain posters posts simply place them on ignore and it won't show up on ur thread...
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...
You wanted it! You asked for it! You have it. Welcome to the EUR/USD Only Euro! The name says it all. Please share your EUR/USD strategies, charts, and technical trading ideas in this thread. If you want to debate or discuss politics, correlated markets, and fundamentals, please feel free to post in the EUR/USD General Thread.If you would be so kind to share your posts with the general thread!
I would add to it that it takes considerale amount of time to post and posting on various threads is simply more time consuming.. I'm posting on gold / GU / Indices and at times on JPY pairs.. I was posting all on euro thread earlier.. but posting them seperately now, well at times I have things to post but simply don't cuz it is more time consuming esp with open positions on hand..
What I'm trying to say is that ppl put effort and as Chaudry mentioned some chit chat is too take mind off from trading for a while and to ease up a bit...........
More over, what seems irrelevant to you or if you don't wish to read certain posters posts simply place them on ignore and it won't show up on ur thread...
GL...
There is a "copy" feature that can be used in your case and "cut and paste" is purely optional exercise. But I am not in favor of infringing on posters freedom of expression to make things easier for a few. The new thread is there for the use of those that want to use it. I have just provided an alternative choice
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Others that don't mind others posts, please continue to do as you have done in the past nothing has changed. I have just added an option. For those that are too busy to repost, I will go into the thread periodically and copy posts. Others can do so as well.
Last edited by Gregory McLeod; 05-17-2012 at 11:20 PM.
Reason: too not two
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Others that don't mind others posts, please continue to do as you have done in the past nothing has changed. I have just added an option. For those that are two busy to repost, I will go into the thread periodically and copy posts. Others can do so as well.
Originally Posted by Gregory McLeod
There is a "copy" feature that can be used in your case and "cut and paste" is purely optional exercise. But I am not in favor of infringing on posters freedom of expression to make things easier for a few. The new thread is there for the use of those that want to use it. I have just provided an alternative choice
I hope I didn't make a mess,
Though I never said don't discuss politics, fundies, indies, news etc about the EUR/USD, I suggested the NON EUR/USD stuff needs to go to the proper threads. But if everyone wants everything/anything here, that's fine, so be it.
I hope I didn't make a mess,
Though I never said don't discuss politics, fundies, indies, news etc about the EUR/USD, I suggested the NON EUR/USD stuff needs to go to the proper threads. But if everyone wants everything/anything here, that's fine, so be it.
i expect for today the prices may be depressed or we may close towards the low of the day reason because when tomorrow frankfurt open and they see prices above they will be angry so my bias short term is bearish and tomorrow is friday the crazy day of the week and i think option expiry day too we might get my number 1.2633/42 or at least 2666 who knows, i feel that the reversal is very near for sure
i expect for today the prices may be depressed or we may close towards the low of the day reason because when tomorrow frankfurt open and they see prices above they will be angry so my bias short term is bearish and tomorrow is friday the crazy day of the week and i think option expiry day too we might get my number 1.2633/42 or at least 2666 who knows, i feel that the reversal is very near for sure
trade safe!
Next week's action is expected to be sideways to up. Not a reversa, more like an extended DeadCatBounce. Probably good for quick scalping.
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