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Trading EURUSD only

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  • Post# 13,961
  • Quote
  • Nov 15, 2012 4:22pm
  • shiko
    Joined Feb 2009 | 2,425 Posts | Status: Member
Nice day guys i have never tried but it seems makes sense to trade same method I trade on daily but for 1H scalping.
Made 8 points on ES today. was up 10 and target was 11, but it jumped off 1345000 just into my trailing stop. 4 ticks away from take profit.
I must be a freaking trading machine now. Traded some 10 pairs on 1H, added long eur/nzd on daily and plus ES. Not to forget, my baby son was all over me. This is huge distraction. ES volatility was such I was thinking I would lose it. 5 hours in trade. 5 points up and down few times before taking of a bit. I see all of you made some nice pips today. I would say those were easy pips
  • Post# 13,962
  • Quote
  • Nov 15, 2012 5:03pm
  • stevewalker
    Joined Dec 2010 | 18,431 Posts | Status: Packed and Left!
D1 CT RO
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There are Traders & Entertainers!!
  • Post# 13,963
  • Quote
  • Nov 15, 2012 5:04pm
  • stevewalker
    Joined Dec 2010 | 18,431 Posts | Status: Packed and Left!
CO RO
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There are Traders & Entertainers!!
  • Post# 13,964
  • Quote
  • Nov 15, 2012 5:08pm
  • stevewalker
    Joined Dec 2010 | 18,431 Posts | Status: Packed and Left!
W1 CT
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There are Traders & Entertainers!!
  • Post# 13,965
  • Quote
  • Nov 15, 2012 5:10pm
  • stevewalker
    Joined Dec 2010 | 18,431 Posts | Status: Packed and Left!
<2803
going up 2803 form 2661
is faster then
going down from 2803 to 2661
There are Traders & Entertainers!!
  • Post# 13,966
  • Quote
  • Nov 15, 2012 5:15pm
  • stevewalker
    Joined Dec 2010 | 18,431 Posts | Status: Packed and Left!
D1
levels up
2783
2803
2843
2876

levels down
2759
2740
2684
2662
There are Traders & Entertainers!!
  • Post# 13,967
  • Quote
  • Nov 15, 2012 5:19pm
  • kauaibobby
    Joined Oct 2007 | 199 Posts | Status: Member
hi steve im new to this thread
hard for me to understand your charts
a lot going on there, trend lines , support , resistance ...........
im trying
i have been trading forex for 3 years, lots to learn
  • Post# 13,968
  • Quote
  • Nov 15, 2012 5:23pm
  • harshfxx
    Joined Nov 2012 | 110 Posts | Status: Member
Quoting harshfxx
sold 2765 target 35
Good day today trading only couple of hours.

Took + 10 from this today

LG @ 55 Target 72 +17


SH @ 1.2800 Target achived 1.2770 +30.
  • Post# 13,969
  • Quote
  • Nov 15, 2012 5:35pm
  • kauaibobby
    Joined Oct 2007 | 199 Posts | Status: Member
Quoting harshfxx
Good day today trading only couple of hours.

Took + 10 from this today

LG @ 55 Target 72 +17


SH @ 1.2800 Target achived 1.2770 +30.
nice job
sometimes it seems when i open the trade it changes in the other direction
if i just do the opposite sell when i think buy and buy when i think sell, i would do much better
but i keep learning and will figure it out someday
  • Post# 13,970
  • Quote
  • Nov 15, 2012 5:43pm
  • luckyl
    Joined Jul 2012 | 367 Posts | Status: Member
Quoting kauaibobby
nice job
sometimes it seems when i open the trade it changes in the other direction...
that goes for me as well - but in my case it is intended, as I enter at points where the chart is likely to change direction. If it doesn't, I fail
Maybe you should concentrate on finding these spots as well, at least giving it a try, you might feel better with that kind of setup.

And most important for that type of entry: don't jump onboard once the train has left the station, there will be anotherone soon, heading towards your target as well - without hurting your ankle while jumping on it (well, GOTCHA STEVE )

best you learn the things memorized on the first page and get a feeling for turning points first.

GL on your way to becoming a "true trader"
  • Post# 13,971
  • Quote
  • Nov 15, 2012 5:46pm
  • kauaibobby
    Joined Oct 2007 | 199 Posts | Status: Member
thanks for the advise
lots of chart watching and lots of learning
  • Post# 13,972
  • Quote
  • Nov 15, 2012 6:30pm
  • stevewalker
    Joined Dec 2010 | 18,431 Posts | Status: Packed and Left!
hi
@ 1st page I had explained how I trade
yes charts seem like complicated but not. very simple.
visit here & lern & teach
GL

Quoting kauaibobby
hi steve im new to this thread
hard for me to understand your charts
a lot going on there, trend lines , support , resistance ...........
im trying
i have been trading forex for 3 years, lots to learn
There are Traders & Entertainers!!
  • Post# 13,973
  • Quote
  • Nov 15, 2012 7:24pm
  • 4xPIPAHOLIC
    Joined Aug 2009 | 1,624 Posts | Status: Member
Hello my friends!!! It has been a couple of days.....I was away from the computer running around....
Hope the market has been good to you.....
Steve my friend......whats up...???
"Plan your trade, Trade your plan"
  • Post# 13,974
  • Quote
  • Nov 15, 2012 7:37pm
  • Tuauxp
    Joined Feb 2012 | 78 Posts | Status: Member
Quoting stevewalker
5M
this is clear CZ for UP move
combined with 17:00 GMT+2 news
I was away from screen @ the last part of it.
Steve, how do you see and can you be so sure this is a clear CZ for UP move ??
Why would this be impossible to be an CZ for downmove ?
  • Post# 13,975
  • Quote
  • Nov 15, 2012 7:40pm
  • Peepo
    Joined Apr 2012 | 674 Posts | Status: Member
Quoting 4xPIPAHOLIC
Hello my friends!!! It has been a couple of days.....I was away from the computer running around....
Hope the market has been good to you.....
Steve my friend......whats up...???
hello Pipa, welcome back and GL!
  • Post# 13,976
  • Quote
  • Nov 15, 2012 7:40pm
  • hamidmsz
    Joined Sep 2012 | 107 Posts | Status: Member
Greetings all ... special for steve.... introduce my name is hamid from Indonesia ... I am a new trader ... This time is a difficult time to learn ... I do not know from where should I start to learn ... I am still learning to draw TL and find S / R ... and I do not know the next step ... I really need help from you guys ... please ....
This is the example I draw TL ... is this correct???
oh ya.. sorry about my language .... hehehe
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  • Post# 13,977
  • Quote
  • Nov 15, 2012 7:42pm
  • 4xPIPAHOLIC
    Joined Aug 2009 | 1,624 Posts | Status: Member
Quoting Peepo
hello Pipa, welcome back and GL!
Thanks Peepo! U to my friend!
How have you being doing...!?
"Plan your trade, Trade your plan"
  • Post# 13,978
  • Quote
  • Nov 15, 2012 7:54pm
  • Peepo
    Joined Apr 2012 | 674 Posts | Status: Member
Quoting 4xPIPAHOLIC
Thanks Peepo! U to my friend!
How have you being doing...!?
last week not so good, this week doing better for god sake , what about you? having a rest of so many down & up bars?
  • Post# 13,979
  • Quote
  • Nov 15, 2012 8:01pm
  • 4xPIPAHOLIC
    Joined Aug 2009 | 1,624 Posts | Status: Member
Quoting Peepo
last week not so good, this week doing better for god sake , what about you? having a rest of so many down & up bars?
My long term positions are still positive(I am short) but the little that I traded the last 2 weeks short term I also had mixed results....
I am not on the ball....lately....
"Plan your trade, Trade your plan"
  • Post# 13,980
  • Quote
  • Nov 15, 2012 8:03pm
  • alam88009
    Joined May 2012 | 321 Posts | Status: Member
Quoting hamidmsz
Greetings all ... special for steve.... introduce my name is hamid from Indonesia ... I am a new trader ... This time is a difficult time to learn ... I do not know from where should I start to learn ... I am still learning to draw TL and find S / R ... and I do not know the next step ... I really need help from you guys ... please ....
This is the example I draw TL ... is this correct???
oh ya.. sorry about my language .... hehehe
Attachment 1080655
Hello Hamid nice to have indonesian people in here cause I am from indonesian
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