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EURUSD

  • #10,801
  • Jun 5, 2008 10:43am Jun 5, 2008 10:43am
Quoting charlinks
It did go down hard!

It fell right on top of you and then it bounced even harder
  • #10,802
  • Jun 5, 2008 11:02am Jun 5, 2008 11:02am
Quoting charlinks
It did go down hard!

It fell right on top of you and then it bounced even harder
Don't worry,be happy,it will.
  • #10,803
  • Jun 5, 2008 11:16am Jun 5, 2008 11:16am
Is there anyone in the house that trade only EURUSD?

Please let me know. Would like to know your progress so far.

Regards

Tolu
  • #10,804
  • Jun 5, 2008 11:33am Jun 5, 2008 11:33am
Quoting ulotoyebtaa
Is there anyone in the house that trade only EURUSD?

Please let me know. Would like to know your progress so far.

Regards

Tolu
for a newbie u have to start from here and only
slow pair but stable
  • #10,805
  • Jun 5, 2008 11:45am Jun 5, 2008 11:45am
Quoting warta
for a newbie u have to start from here and only
slow pair but stable
Ok Thanks.
  • #10,806
  • Jun 5, 2008 11:47am Jun 5, 2008 11:47am
Quoting ulotoyebtaa
Is there anyone in the house that trade only EURUSD?

Please let me know. Would like to know your progress so far.

Regards

Tolu
Hello, Tolu.

I trade EURUSD exclusively. My results are only average compared to many of the traders here but my account is growing regularly. It took a few years though to put together the trading style that is best suited for me.

Best Wishes,

Gandy (Jay)
  • #10,807
  • Jun 5, 2008 12:00pm Jun 5, 2008 12:00pm
Quoting Gandolf
Hello, Tolu.

I trade EURUSD exclusively. My results are only average compared to many of the traders here but my account is growing regularly. It took a few years though to put together the trading style that is best suited for me.

Best Wishes,

Gandy (Jay)
i see, thanks. Want to settle down to that for a while. I believe, if one focuses one's attention, the result should be better, than trying to track various currencies at the same time.

Thanks Bro. I'll keep in touch.

Regards
Tolu
  • #10,808
  • Jun 5, 2008 12:58pm Jun 5, 2008 12:58pm
Any fundamentalist in d house? How high can euro go?
  • #10,809
  • Jun 5, 2008 1:01pm Jun 5, 2008 1:01pm
Quoting ulotoyebtaa
Any fundamentalist in d house? How high can euro go?
Weekly pivot point @1.5610 should offer very strong resistance.
If the price stays here after the nonfarm tomorrow this week's candle will suggest a bullish week ahead.
"Luxury is one of the basic needs", (c), Don Corleone
  • #10,810
  • Jun 5, 2008 1:05pm Jun 5, 2008 1:05pm
Quote
Is there anyone in the house that trade only EURUSD?
I trade only two currencies, primarily the Euro/USD and the cable.

The reason i trade both the Euro and the cable is that i find i trade the E/U more frequently for an average of 40-70 pips, where as when i do trade the Cable it tends to be for 150-200+ pips. Probably a trade ratio of 4:1.

So basically I find i can get pretty consistent gains outa the E/U but the "big" scores come off the cable.

Quote
I belive more confirmation is needed to go short at this point. Anyone still holding their longs from last nights bounce?

I have several long positions open some in profit some not but i believe they will be soon - 1.5400, 1.5430, 1.5450, 1.5550, 1.5600 (been holding this for a bit now) - I was getting a bit concerned looking at my screen a few hours ago.. lol - TP set for 1.5700 but i'll exit when i feel i should
  • #10,811
  • Jun 5, 2008 1:23pm Jun 5, 2008 1:23pm
hmm i think ill short now...
  • #10,812
  • Jun 5, 2008 1:35pm Jun 5, 2008 1:35pm
Hi to all of you.........Could you give me little input in regards to Ny (USA) session and London or European session. Do you guys find easy to trade U.K session or USA session? Which session is most subjected to uncertainities and market swings so to speak.......
Insight would be highly appreciated
BANDA333
  • #10,813
  • Jun 5, 2008 1:38pm Jun 5, 2008 1:38pm
Quote
hmm i think ill short now...

Based on what??
  • #10,814
  • Jun 5, 2008 1:41pm Jun 5, 2008 1:41pm
because of the end of the session in usa + eurusd rly needs a correction
  • #10,815
  • Jun 5, 2008 1:43pm Jun 5, 2008 1:43pm
Quoting BANDA
Hi to all of you.........Could you give me little input in regards to Ny (USA) session and London or European session. Do you guys find easy to trade U.K session or USA session? Which session is most subjected to uncertainities and market swings so to speak.......
Insight would be highly appreciated
This is Alqaz Syed from GBP/USD thread and I sometimes do the E/U trading and I am thinking to be consistent for both currencies. According to my opinion for GBP/USD THE Best consistent (for one trend) and profitable time is 2:00 am - 5:00 am Eastern time (London Session) and for E/U the same London Session and its time frame and the US Session (from 8:00 am Eastern time until London Fix (12:00 Noon Eastern time). And that is it.
Othe than these time frames and Sessions, rest of them would be very volatile,quite boring and frustration.

That is my opinion.

Alqaz Syed.
  • #10,816
  • Jun 5, 2008 1:51pm Jun 5, 2008 1:51pm
asyed thank you for your insight
BANDA333
  • #10,817
  • Jun 5, 2008 1:55pm Jun 5, 2008 1:55pm
Quoting g_roussev
Don't worry,be happy,it will.
Mark my words it will go to 1.70 within a year!
  • #10,818
  • Jun 5, 2008 2:01pm Jun 5, 2008 2:01pm
Quote
because of the end of the session in usa + eurusd rly needs a correction

I like to call this time frame the afternoon creep(cause its the afternoon for me), it will creep along in the direction it was going. IMO, i dont think you will see any kind of correction / retracement till the london session.

Besides this upward run could be the "correction".

Just my 2 cents
Cheers
  • #10,819
  • Jun 5, 2008 2:01pm Jun 5, 2008 2:01pm
correcting now??
  • #10,820
  • Jun 5, 2008 2:06pm Jun 5, 2008 2:06pm
Cdawg- " Besides this upward run could be the "correction".

well said ,actually people make crystal ball predications without any grounds, and most of the innocent people fall in to the trap. People lets work together do not misguide with predication. In my opinion also EU only can correct upwards. Please do not get mad at me, I have burned from such calls , now I do not have money to trade.
BANDA333
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