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Trading EURUSD only

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  • Post #17,441
  • Quote
  • Nov 23, 2012 6:09am Nov 23, 2012 6:09am
  •  Mr.Deghayes
  • | Joined Sep 2012 | Status: Halal Forex I Hope. | 150 Posts
Quoting stevewalker
Disliked
it may waiting for Budget agreement for a move
Ignored
are you still at a long position from 1.2900?
 
 
  • Post #17,442
  • Quote
  • Nov 23, 2012 6:09am Nov 23, 2012 6:09am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
I now understand why you call it sick PA for last couple of days

you trade waves like me.
but sometimes when MKT trend one direction you should stop trading both side or you will make loss.
I had that problem.
correct?

Quoting mok1one
Disliked
I'm looking only short opps now. This thing hasn't had a proper PB for a while. 1H and 4H chart bearish div. Will post a chart after lunch. Have to make some new fibline aslo on smaller tf's because the price has run over them like they where nothing - This is also a big concern for me. Fibonacci channels are not nothing. Fibonacci can't be nothing, since the whloe world is based on fibonacci sequence. This is what makes me to think about that the mkt is very manipulated at the moment at this doesn't mean good.
So I am looking for shorting opps....
Ignored
 
 
  • Post #17,443
  • Quote
  • Nov 23, 2012 6:10am Nov 23, 2012 6:10am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
lets say 2890
yes

Quoting Mr.Deghayes
Disliked
are you still at a long position from 1.2900?
Ignored
 
 
  • Post #17,444
  • Quote
  • Nov 23, 2012 6:11am Nov 23, 2012 6:11am
  •  mok1one
  • Joined Aug 2012 | Status: Member | 4,266 Posts
Quoting stevewalker
Disliked
I now understand why you call it sick PA for last couple of days

you trade waves like me.
but sometimes when MKT trend one direction you should stop trading both side or you will make loss.
I had that problem.
correct?
Ignored
Correct
 
 
  • Post #17,445
  • Quote
  • Nov 23, 2012 6:14am Nov 23, 2012 6:14am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
as said I had that problem.
when trading waves I was expecting always a reverse move
but when MKT trending sometimes it does not
or sometimes it is difficoult to predict when.
so better on stay one side.
like I am doing now.
I may be wrong with long ( up trend may be ended ) but I am staying on one side
becouse it is trending UP ATM

Quoting mok1one
Disliked
Correct
Ignored
 
 
  • Post #17,446
  • Quote
  • Nov 23, 2012 6:15am Nov 23, 2012 6:15am
  •  mok1one
  • Joined Aug 2012 | Status: Member | 4,266 Posts
Quoting mok1one
Disliked
Correct
Ignored
Trading both sides may be too stressful and exhausting in the end. Too much calculations, watching the charts etc. It's better to wait for the right setup and then take those green pips than to try one way,the other way then again reverse the position etc. In these kind on situations more errors and mistakse can happen
 
 
  • Post #17,447
  • Quote
  • Nov 23, 2012 6:16am Nov 23, 2012 6:16am
  •  mok1one
  • Joined Aug 2012 | Status: Member | 4,266 Posts
Quoting stevewalker
Disliked
as said I had that problem.
when trading waves I was expecting always a reverse move
but when MKT trending sometimes it does not
or sometimes it is difficoult to predict when.
so better on stay one side.
like I am doing now.
I may be wrong with long ( up trend may be ended ) but I am staying on one side
becouse it is trending UP ATM
Ignored
I had that problem too
Thanks to this thread and all of you i have made some progress in my trading and made some concusions etc.
I learn from all of you and try to give back as much as possible
 
 
  • Post #17,448
  • Quote
  • Nov 23, 2012 6:17am Nov 23, 2012 6:17am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts

ok
what is your short entry zone?

Quoting mok1one
Disliked
Trading both sides may be too stressful and exhausting in the end. Too much calculations, watching the charts etc. It's better to wait for the right setup and then take those green pips than to try one waythe other way then again reverse the position etc. In these kind on situations more errors and mistakse can happen
Ignored
 
 
  • Post #17,449
  • Quote
  • Nov 23, 2012 6:17am Nov 23, 2012 6:17am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts

Quoting mok1one
Disliked
I had that problem too
Thanks to this thread and all of you i have made some progress in my trading and made some concusions etc.
I learn from all of you and try to give back as much as possible
Ignored
 
 
  • Post #17,450
  • Quote
  • Nov 23, 2012 6:21am Nov 23, 2012 6:21am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
most probably

Quoting stevewalker
Disliked
it may waiting for Budget agreement for a move
Ignored
 
 
  • Post #17,451
  • Quote
  • Nov 23, 2012 6:21am Nov 23, 2012 6:21am
  •  Mr.Deghayes
  • | Joined Sep 2012 | Status: Halal Forex I Hope. | 150 Posts
aftger it passes the 10EMA i may jump in with looongggg
 
 
  • Post #17,452
  • Quote
  • Nov 23, 2012 6:23am Nov 23, 2012 6:23am
  •  mok1one
  • Joined Aug 2012 | Status: Member | 4,266 Posts
Quoting stevewalker
Disliked

ok
what is your short entry zone?
Ignored
This is my 30MIN chart.
watching very closely the fibline i have marked with red. This is also fib %50 retrace from the high 3139 to bottom 2661
If the price stays below it it would be a signal for me to enter shorts.
The perfect short entry would be in the level 2955-2960 - next channel line and fib %61,8 retrace from the high 3139 to bottom 2661.
Attached Image (click to enlarge)
Click to Enlarge

Name: 30min.JPG
Size: 116 KB
 
 
  • Post #17,453
  • Quote
  • Nov 23, 2012 6:25am Nov 23, 2012 6:25am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
bloomberg USA
asking anaylest from Germany
"if how high EURUSD wil go up
German anaylest say max 3000"

 
 
  • Post #17,454
  • Quote
  • Nov 23, 2012 6:26am Nov 23, 2012 6:26am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
super
TY
Quoting mok1one
Disliked
This is my 30MIN chart.
watching very closely the fibline i have marked with red. This is also fib %50 retrace from the high 3139 to bottom 2661
If the price stays below it it would be a signal for me to enter shorts.
The perfect short entry would be in the level 2955-2960 - next channel line and fib %61,8 retrace from the high 3139 to bottom 2661.
Ignored
 
 
  • Post #17,455
  • Quote
  • Nov 23, 2012 6:28am Nov 23, 2012 6:28am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
most funny is, guy from USA bloomberg pushing Guy from Germany to make him say a higher value

Quoting stevewalker
Disliked
bloomberg USA
asking anaylest from Germany
"if how high EURUSD wil go up
German anaylest say max 3000"

Ignored
 
 
  • Post #17,456
  • Quote
  • Nov 23, 2012 6:36am Nov 23, 2012 6:36am
  •  mok1one
  • Joined Aug 2012 | Status: Member | 4,266 Posts
Quoting stevewalker
Disliked
most funny is, guy from USA bloomberg pushing Guy from Germany to make him say a higher value
Ignored
HAHA As we all should know these channels are a tool for manip. people and this might be the case to make people buy from high and then BOOM - take all their money
 
 
  • Post #17,457
  • Quote
  • Nov 23, 2012 6:38am Nov 23, 2012 6:38am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
yes
agreed

Quoting mok1one
Disliked
HAHA As we all should know these channels are a tool for manip. people and this might be the case to make people buy from high and then BOOM - take all their money
Ignored
 
 
  • Post #17,458
  • Quote
  • Nov 23, 2012 6:39am Nov 23, 2012 6:39am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
if bloomberg saying good for a stock
it is time to short it
Quoting mok1one
Disliked
HAHA As we all should know these channels are a tool for manip. people and this might be the case to make people buy from high and then BOOM - take all their money
Ignored
 
 
  • Post #17,459
  • Quote
  • Nov 23, 2012 6:40am Nov 23, 2012 6:40am
  •  mok1one
  • Joined Aug 2012 | Status: Member | 4,266 Posts
Quoting mok1one
Disliked
HAHA As we all should know these channels are a tool for manip. people and this might be the case to make people buy from high and then BOOM - take all their money
Ignored
But then again. What to I, simple citizen know about these things
 
 
  • Post #17,460
  • Quote
  • Nov 23, 2012 6:43am Nov 23, 2012 6:43am
  •  stevewalker
  • Joined Dec 2010 | Status: Member | 18,740 Posts
exit LG +11
should leave for 15 min
 
 
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