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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

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  • Post #5,001
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  • Mar 3, 2008 10:33am Mar 3, 2008 10:33am
  •  BoredToLoose
  • | Joined Apr 2007 | Status: Member | 2,303 Posts
My Daily Chart!

If price today break 1.5162, we may well see here a typical reversal move.
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  • Post #5,002
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  • Mar 3, 2008 10:34am Mar 3, 2008 10:34am
  •  kharvell
  • Joined Dec 2006 | Status: call me Kevin | 1,263 Posts
Quoting BoredToLoose
Disliked
My Daily Chart!

If price today break 1.5162, we may well see here a typical reversal move.
Ignored
eek you have so many lines on your chart; price is bound to hit one of them don't you think? Like drawing a line in the sand in the desert. Probably going to be a scorpion that crosses it eventually...
 
 
  • Post #5,003
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  • Mar 3, 2008 10:34am Mar 3, 2008 10:34am
  •  TIckerShuffl
  • | Joined Nov 2007 | Status: Member | 2,903 Posts
Quoting xxDavidxSxx
Disliked
I got out of that roller coaster. I got in long when it started rallying before news. Price stalled and started heading back to the entry so I got out tried to b/e but got me for a pip. Now price fell back 1.5200(wew! glad I got out)
I was going for a big pay day there because I thought a direct rally to 1.5365 was coming.
I learned that if price runs 40 pips and then returns to entry to get the **** out fast because the market has no direction.
certain direction would not returned to entry because I had a good jump on the news to start with.
Price must still be working itself out. Means its nearing a top because bulls can't sustain rallies.
Ignored
Quality observations. Nice.
 
 
  • Post #5,004
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  • Mar 3, 2008 10:37am Mar 3, 2008 10:37am
  •  kharvell
  • Joined Dec 2006 | Status: call me Kevin | 1,263 Posts
Quoting TIckerShuffl
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There is money to be made on the corrections. Not necessarily indicative of change of trend. We'll have to wait and see, I guess.
Ignored
As far as I'm concerned, all shorts should stop at 1.5170 level. Strong support here; little reward for your risk on the short side. Until this level breaks, see if you see me utter the word short.
 
 
  • Post #5,005
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  • Mar 3, 2008 10:37am Mar 3, 2008 10:37am
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
I am seeing the same kind of trend line resistance blocking much further gains. Thats whats hard because higher time frames might demand further push blowing that line out. Or not.
Thats the same uncertainty in the market. Equal possibilities. Last week the move was just starting and the possibility of going up was much greater.
Going to be looking for definitive sustained break of a daily pivot for down side.
 
 
  • Post #5,006
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  • Mar 3, 2008 10:39am Mar 3, 2008 10:39am
  •  Jurrasic
  • | Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts
Everyone got ready to soar with the bad news and then they came out good and the whole thing reversed... I'm hedging like hell here.. Still it started like a bad day with -3.5% and now went back up to like +2%.. Now just gotta reduce the hedge sizes carefully and wait for what comes next...
On the path to Enrichment.
 
 
  • Post #5,007
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  • Mar 3, 2008 10:40am Mar 3, 2008 10:40am
  •  xxDavidxSxx
  • | Joined Sep 2005 | Status: Full Time Trader | 1,780 Posts
Quoting kharvell
Disliked
eek you have so many lines on your chart; price is bound to hit one of them don't you think? Like drawing a line in the sand in the desert. Probably going to be a scorpion that crosses it eventually...
Ignored
He should keep the trend lines, they match mine. Just lots of resistance ahead.
But all those other ma's and fibos, stuff can go. They don't really help. Just add to confusion. Trend line breaks signal before ma's anyways.
 
 
  • Post #5,008
  • Quote
  • Mar 3, 2008 10:41am Mar 3, 2008 10:41am
  •  TIckerShuffl
  • | Joined Nov 2007 | Status: Member | 2,903 Posts
back to 20SMA on hourly, currently 1.5200, support here could prompt another leg up. Longing a bit here again.
 
 
  • Post #5,009
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  • Mar 3, 2008 10:47am Mar 3, 2008 10:47am
  •  kharvell
  • Joined Dec 2006 | Status: call me Kevin | 1,263 Posts
Have to agree with tickershuffl. Bounce occurred off 3-hour 24SMA recently, and if we look at the past bounce, it brought about good news, but the question will be if history repeats itself. Strong resistance where we are at now. Basically in a box
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  • Post #5,010
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  • Mar 3, 2008 10:50am Mar 3, 2008 10:50am
  •  TIckerShuffl
  • | Joined Nov 2007 | Status: Member | 2,903 Posts
Kinda wimpy looking. What is new high telling us? Probe and clear for next thrust, or just clearing stops before a dip. Kinda hard to get behind the dollar yet.
 
 
  • Post #5,011
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  • Mar 3, 2008 10:52am Mar 3, 2008 10:52am
  •  Jurrasic
  • | Joined Feb 2008 | Status: Live long and have fun :) | 1,386 Posts
Technicals again recent Fundumentals.. it's like the wild wild west here
On the path to Enrichment.
 
 
  • Post #5,012
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  • Mar 3, 2008 10:55am Mar 3, 2008 10:55am
  •  kharvell
  • Joined Dec 2006 | Status: call me Kevin | 1,263 Posts
i've decided I'm going long at 10AM CST(close of hourly candle). Something about this hourly candle is just way too bearish. So bearish, it's bullish. Just going to do my 50 pip T/P usual.
 
 
  • Post #5,013
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  • Mar 3, 2008 10:57am Mar 3, 2008 10:57am
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Quoting kharvell
Disliked
Have to agree with tickershuffl. Bounce occurred off 3-hour 24SMA recently, and if we look at the past bounce, it brought about good news, but the question will be if history repeats itself. Strong resistance where we are at now. Basically in a box
Ignored
i am adding a bit long position here.. lets see
My charts were telling me Long.. and ISm was expected to me 49 but it still better.. If figers come 51 or more then we can expect a reversal in EU.. but figers are neutral..
So i think EU should go back Up.. we have good cluster here now.. lets see
 
 
  • Post #5,014
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  • Mar 3, 2008 11:01am Mar 3, 2008 11:01am
  •  TIckerShuffl
  • | Joined Nov 2007 | Status: Member | 2,903 Posts
Oh god...no.

4hour looks terrifying...
 
 
  • Post #5,015
  • Quote
  • Mar 3, 2008 11:02am Mar 3, 2008 11:02am
  •  kharvell
  • Joined Dec 2006 | Status: call me Kevin | 1,263 Posts
Quoting TIckerShuffl
Disliked
Oh god...no.
Ignored
you worry too soon my friend. Wait til 1.5150 to worry
 
 
  • Post #5,016
  • Quote
  • Mar 3, 2008 11:07am Mar 3, 2008 11:07am
  •  Hammad
  • | Joined Aug 2007 | Status: Plan your Trade & Trade your Plan | 116 Posts
Quoting kharvell
Disliked
you worry too soon my friend. Wait til 1.5150 to worry
Ignored
Price should move up from here.. from pivot. we have good cluster here..
Lets see... ISM has almost achieved it's range.
our next cluster is at 1.5150 as you said.
 
 
  • Post #5,017
  • Quote
  • Mar 3, 2008 11:11am Mar 3, 2008 11:11am
  •  CounterTrend
  • | Joined Feb 2008 | Status: I trade against the trend | 286 Posts
According to my count, 5 waves up are not complete until 1.5400. Let us see, the officials comments played against techs.
 
 
  • Post #5,018
  • Quote
  • Mar 3, 2008 11:14am Mar 3, 2008 11:14am
  •  TIckerShuffl
  • | Joined Nov 2007 | Status: Member | 2,903 Posts
1.5170 is first line of defense.'

this is hard decision.

Touching 20sma on 4 hour....needs bounce here or it's all over
 
 
  • Post #5,019
  • Quote
  • Mar 3, 2008 11:15am Mar 3, 2008 11:15am
  •  CounterTrend
  • | Joined Feb 2008 | Status: I trade against the trend | 286 Posts
It better does, I am long.
 
 
  • Post #5,020
  • Quote
  • Mar 3, 2008 11:19am Mar 3, 2008 11:19am
  •  TIckerShuffl
  • | Joined Nov 2007 | Status: Member | 2,903 Posts
I just added to long. 100 pip S/L...i'm going for it.
 
 
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