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

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
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EURUSD

Quoting Faiz99
Seniors I am new to this and someone says this

EU TARGETS +250 PIPPS ON SORT AT CURRENT LEVEL SL-1.2290



EU TARGETS +250 PIPPS ON SORT AT CURRENT LEVEL SL-1.2290


How is this as a trade? Do I go in?
as u said u r new to this, then do you have definite trading planing, i mean do you know exactly why/when/where to get in/out of trade.

thats is pretty important.
Quoting Faiz99
Seniors I am new to this and someone says this

EU TARGETS +250 PIPPS ON SORT AT CURRENT LEVEL SL-1.2290



EU TARGETS +250 PIPPS ON SORT AT CURRENT LEVEL SL-1.2290


How is this as a trade? Do I go in?
I seriously hope you - or anybody - never takes actual trade advice and risks money based on what someone said on an internet forum. I don't believe anybody here would even want you to do that.
Quoting mayureshete
as u said u r new to this, then do you have definite trading planing, i mean do you know exactly why/when/where to get in/out of trade.

thats is pretty important.
I am happy with a 20 pip trade, be it any pair, I have noticed that eurusd provdes good opportunity but am not sure?
If there is a good trade in oil or gold atm please guide me!
Quoting Faiz99
I am happy with a 20 pip trade, be it any pair, I have noticed that eurusd provdes good opportunity but am not sure?
If there is a good trade in oil or gold atm please guide me!
i trade only eurusd, i just look to get in to the flowing trend and try to grab 200 pips from every trade i take, as i enter trade, i safely manage it and try to get to breakeven or even lock some pips if i have some strong levels with me.

with this method i get very few losses, a bit lots of breakeven and a few i mean 2 to 3 winners per month and thats good enough for me.
Quoting mayureshete
i trade only eurusd, i just look to get in to the flowing trend and try to grab 200 pips from every trade i take, as i enter trade, i safely manage it and try to get to breakeven or even lock some pips if i have some strong levels with me.

with this method i get very few losses, a bit lots of breakeven and a few i mean 2 to 3 winners per month and thats good enough for me.

Decoding the trend is not so easy for a newbie like me, how do we do that? I just know how to read the rsi but I am not sure which charts should I be followin!
Is there a position (short/long) that I should know of eurusd?
Now that I'm mostly flat, I'm spending some time going over charts with absolutely no bias. Here's Sterling:

You can see the fib extension I drew from the high on 7/2 to the low on 7/6 and back to the high on 7/11. the 61.8% extension coincided nicely with what is appearing to be today's low.

I'm now looking for (ideally) a retest of old support now turned resistance in the 1.5475 area (thin, red, horizontal line). A successful stall in this zone and continuation of the down trend would target the 100% fib extension at just below 1.5300

Looking forward to fresh trade setups like this one!
Attached Image (click to enlarge)
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check out my blog: forexmademillionaire dot com
Quoting Geppy
No risk now, let's go baby!
Target hit. Broker even gave me positive slippage and filled more than 90% of the trade at 1.21099 Can't complain with an extra 5 pips
check out my blog: forexmademillionaire dot com
Quoting Geppy
Target hit. Broker even gave me positive slippage and filled more than 90% of the trade at 1.21099 Can't complain with an extra 5 pips
Nice Geppy. I've been watching your posts today and following your setups. I'm 8 months in to my trading career and trying to incorporate a few lessons here with the basic system of supply/demand that I've been studying.
Quoting Geppy
Now that I'm mostly flat, I'm spending some time going over charts with absolutely no bias. Here's Sterling:

You can see the fib extension I drew from the high on 7/2 to the low on 7/6 and back to the high on 7/11. the 61.8% extension coincided nicely with what is appearing to be today's low.

I'm now looking for (ideally) a retest of old support now turned resistance in the 1.5475 area (thin, red, horizontal line). A successful stall in this zone and continuation of the down trend would target the 100% fib extension at just below 1.5300

Looking...
Know your stuff
Quoting gatorinla
more times then not it bounces. at some point the bounces stop and it sinks. these bounces have been going on since the drop in 2008 started. we have 2 major bounces since the 2008 fall. i don't think many are left. so i will short at/near 2328... that's a 2008 indicative level. its actually a important one. its a mid. we usually bounce.. thats for certain. so i will just lose a few if 2328.5 + a few don't hold. we finally closed a week below 2328, but it was above 2284.. so its not cut and dry we will go up or down. anyway 400 pips to the next...
I shorted it with my long term trading account few weeks ago and with my normal account this pair haven't meet the right criteria of my strategy to enter the trade for the past 5 weeks .
Quoting Geppy
Target hit. Broker even gave me positive slippage and filled more than 90% of the trade at 1.21099 Can't complain with an extra 5 pips

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
Quoting mercy seat
UPDATE:



Quick-Tips in a TABLE SURVEY for the EUR/USD:

1.)

On a daily basis:

2012-07-12_00h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-28 # A15 (Text EN)

This is based on latest Rollover-Open ...

23h00 CET Aufdatung ...











;-|
UPDATE:



Quick-Tips in a TABLE SURVEY for the EUR/USD:

1.)

On a daily basis:

2012-07-12_19h00 - ZigZag + Pivot Survey _ EURUSD _ Evening _ W-28 # A68 (Text NA)

This is based on 19:00 close ...

19h00 CET Aufdatung ...











;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
Do you think we have fine a strong support and we will see a decent pullback or will continue tomorrow the fall to 1.20
Quoting Itrade24h
Do you think we have fine a strong support and we will see a decent pullback or will continue tomorrow the fall to 1.20
This has bear written all over it.
Quoting 2+2=4ex
This has bear written all over it.
lets hope that not too many will get killed in struggle
Quoting mercy seat
UPDATE:



Quick-Tips in a TABLE SURVEY for the EUR/USD:

1.)

On a daily basis:

2012-07-12_19h00 - ZigZag + Pivot Survey _ EURUSD _ Evening _ W-28 # A68 (Text NA)

This is based on 19:00 close ...

19h00 CET Aufdatung ...











;-|
danke für die aufstellung - ein kurzer kommentar dazu wär hilfreich (im allgemeinen) =)
Quoting 853efx
spotted some divergence on h4 and daily - i'll try to trade it as an idea as following: open long positions until 1.213xx and set stops at 1.21 / TP: 1.235xx - 1.24 (timeframe to succeed: up to 2 weeks)...wish me luck =)

took one 1st shot @ 1.217 but it's not going anywhere - actually i was hoping to get underwater really quick which would have been a good sign...let's c what this beauty (drama queen) is up with next...
Quoting mercy seat
typo, meant 1.22099
check out my blog: forexmademillionaire dot com
So far the 127 % daily butterfly target at 1.2164 held the Euro and the three succeeding daily lows on the 4-hour/1 hour chart could be interpreted as a falling wedge/ending diagonal (new low would cancel the pattern IMO). Let's see whether the first butterfly target can provide solid support or whether we will go further down, maybe to the 161 % butterfly target at 1.2005.


Next support zone would be the 61.80 % weekly fib extension/ weekly S1 at 1.2133.
Next resistance is Monday's gap opening at 1.2252 and the low of June 1st at 1.2288
Quoting purzel
So far the 127 % daily butterfly target at 1.2164 held the Euro and the three succeeding daily lows on the 4-hour/1 hour chart could be interpreted as a falling wedge/ending diagonal (new low would cancel the pattern IMO). Let's see whether the first butterfly target can provide solid support or whether we will go further down, maybe to the 161 % butterfly target at 1.2005.


Next support zone would be the 61.80 % weekly fib extension/ weekly S1 at 1.2133.
Next resistance is Monday's gap opening at 1.2252 and the low of June 1st at 1.2288
*bookmarked* - hope this isn't another blog that only lasts for some months (looks good on first sight - didnt read anything yet, but i like the fact that there is some text - green pips 2 u)
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