EURRON - Analiza

[cbueno]

Hello all (excuse me for writing in English),

somebody trading the EUR/RON ?

I am new to this pair, and willing to take advance of its trending character,
so if somebody has experience on it I would appreciate any help.

Thanks
Carlos

[hcristea]

Hello Carlos and welcome!

I'm not trading EUR/RON, I have no charts, no analysis but what I would suggest is to short this pair because by Christmas it will be around 3.30 at least.

[cbueno]

Thanks Hcristea,

that´s exactly what I am thinking, and what I am seeing, short below the blue line.

[babanu]

It`s 4 wave

[soso]

Hi Carlos and the rest!

Anyone know of a MT feed that containts EURRON? Would be interesting to analyse it

P.S. I'm going to rename the name of this thread into "EURRON - Analiza" just to be in line with the other analysis threads.

[cbueno]

Hi Soso,

no MT found for EURRON, I am using Deltastock (Bulgaria).

[hcristea]

Hi Carlos,

I know someone named Carlos from Barcelona (Spain), he owns an art gallery in Barcelona center. Do you happen to be him by any chance?

[cbueno]

No Hcristea ... the only art I have is in loosing money ...

[hcristea]

Carlos, how come you decided to trade EURRON? What spread you have for this pair with your broker?

[cbueno]

Hcristea,

I am new to EURRON, have been papertrading it for some weeks and am finally
ripe for trading it live in the very near future. I have some good indicators
that look for trending markets, and EURRON is capable of trending very well
either long or short.

Deltastock offers a spread of 0.0050, they also have USDRUB and USDBGN,
which are the ones I am interested in. I will be posting on other threads some
charts later, AUDUSD, USDCAD, EURUSD ...

If someone knows another broker with better spreads please share it,
as I am not "affiliated" with Deltastock and could change.

[hcristea]

I see. I'm only trading Gold and the major pairs. EURRON is not provided by the brokers i use.

0.0050 means 50 pips? If so, that's pretty much but is the norm for secondary pairs. I have 40 pips spread and 0.9 pips on EURUSD on Oanda.

[cbueno]

Orpheus (www.or-phe-us.com) has this EW count for EURRON.

A very good site from Mukul Pal (maybe a member here). Charts belong to him.

[cbueno]

This is my alternate, maybe beginning a new bull market in EURRON

[cbueno]

EURRON using Renkos is a very possible way to trade it, but you need to
know how to trade with Renko ...

[hcristea]

Rezurectez acest thread după ce un prieten m-a întrebat de leu.

Căutând grafice am ajuns pe yahoo finance şi mă jucam cu graficele EURRON si USDRON şi am observat o corelaţie interesantă.

Se pare că USDRON şi EURRON sunt invers corelate şi aproape în oglindă. Deci s-ar putea determina cursul lor in funcţie de EURUSD lejer.