EURUSD | Page 840 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

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
Exit Attachments

EURUSD

  • #16,781
  • Jul 29, 2008 11:09pm Jul 29, 2008 11:09pm
welcome on board my friend my order is waiting at 5522
  • #16,782
  • Jul 29, 2008 11:10pm Jul 29, 2008 11:10pm
Opened a small long (3.5 mini lots) @ 1.5573 and will hold through the ADP release - not gonna look at any charts tonight. Just because I can.
  • #16,783
  • Jul 29, 2008 11:24pm Jul 29, 2008 11:24pm
Quoting pipmac
If you took a quarter and flipped it 200 times you would probably probably see Heads 50% and Tails 50%......

If you opened 200 ramdom trades without looking at price and closed them 1 hour later every time you would prob Win 50% and loose 50% (i've never tried this)

If you would take the same idea as above and randomly open trades 1 at a time with 2% (1% long and 1% short) risk and with SL 30 and TP 90 on every trade.....In the long run it would make perfect mathamatical sense for you to come out ahead. CAn you see y?
lol But if you put a 3 times greater tp your chances are less for it to be hit and you shouldn't forget the very important part of forex called volatility - it can easily take out a 30 pip sl and then go you way.There are easier ways to trade. Just open a 1h chart for axample pull up a few proper indicators and when they cross together enter with an r:r of 1:1 or better, on 1h you can afford better.
On the path to Enrichment.
  • #16,784
  • Jul 29, 2008 11:28pm Jul 29, 2008 11:28pm
Quoting Subdude
Opened a small long (3.5 mini lots) @ 1.5573 and will hold through the ADP release - not gonna look at any charts tonight. Just because I can.
I'm with you from mid 560s yesterday. And GU and EJ. Like I said, EU's near the lower trendline on 3h-4h and another one going up on daily, EU just went to near the Daily 100 ema. GU also reached near it's 3h-4h lower trendline and EJ seems likely to bounce too. Should go up in short, a break down of already bearish wontrend channels like those doesn't seem likely.
On the path to Enrichment.
  • #16,785
  • Jul 29, 2008 11:40pm Jul 29, 2008 11:40pm
Quoting kreetcha
Maybe up a bit?
no, if you draw your lower trendline not capturing the extremes it shows that support has been broken.
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,786
  • Jul 29, 2008 11:47pm Jul 29, 2008 11:47pm
Short. Don't follow me though, trade your own ways. I'm just doing what I'm doing.



gratiae
Attached Image (click to enlarge)
Click to Enlarge Name: brokenddstepchannel.gif Size: 32 KB
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,787
  • Jul 29, 2008 11:49pm Jul 29, 2008 11:49pm
Nothing has really changed fundamentally since it was 450 pips higher, other than a few bad euro indicators and the oil correction. Do you honestly think lower oil prices will help the U.S. banking sector fix its problems? Buckle up for safety as more writedowns await on credit card defaults, tier 3 asset implosion as well as continued homeowner walkouts. Also, watch VIX - this sucker should climb back up to 25-28 in the next few weeks.
  • #16,788
  • Jul 29, 2008 11:50pm Jul 29, 2008 11:50pm
Quoting FXCapitalist
The EURexpress is leaving. next stop 1.54XX


gratia
Will it be derailed at this long term daily trend line?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 15 KB
  • #16,789
  • Jul 29, 2008 11:53pm Jul 29, 2008 11:53pm
Quoting Subdude
Nothing has really changed fundamentally since it was 450 pips higher, other than a few bad euro indicators and the oil correction. Do you honestly think lower oil prices will help the U.S. banking sector fix its problems? Buckle up for safety as more writedowns await on credit card defaults, tier 3 asset implosion as well as continued homeowner walkouts. Also, watch VIX - this sucker should climb back up to 25-28 in the next few weeks.
i dont even follow oil to base my trades on anything. I'm a technician and whatever fundamentals drive price I will see it on the charts. if I'm wrong, then that's on the market to prove me wrong. Other than that I'm never right for anyone but myself.


cheers
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,790
  • Jul 29, 2008 11:53pm Jul 29, 2008 11:53pm
Quoting GodfreyH
Will it be derailed at this long term daily trend line?
Good observation Godfrey. Yet another reason to long for at least 5660 area if not all the way back to lower 57 and see if it breaks the upper 3h-4h downtrend trendline.
On the path to Enrichment.
  • #16,791
  • Jul 29, 2008 11:55pm Jul 29, 2008 11:55pm
im short as well
  • #16,792
  • Jul 29, 2008 11:57pm Jul 29, 2008 11:57pm
Short as well. I think maybe we can see 1.5490 down to 1.5475 in sight?
  • #16,793
  • Jul 29, 2008 11:58pm Jul 29, 2008 11:58pm
Quoting GodfreyH
Will it be derailed at this long term daily trend line?
shure why not lets break that down.
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,794
  • Jul 29, 2008 11:59pm Jul 29, 2008 11:59pm
Quoting elmondello
Short as well. I think maybe we can see 1.5490 down to 1.5475 in sight?
yep that sounds reasonable
  • #16,795
  • Jul 29, 2008 11:59pm Jul 29, 2008 11:59pm
1 min till euro session
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,796
  • Jul 30, 2008 12:00am Jul 30, 2008 12:00am
Quoting FXCapitalist
shure why not lets break that down.
lol
On the path to Enrichment.
  • #16,797
  • Jul 30, 2008 12:05am Jul 30, 2008 12:05am
Broken Channel/down.
Attached Image (click to enlarge)
Click to Enlarge Name: brokenddstepchannel1short.gif Size: 32 KB
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,798
  • Jul 30, 2008 12:05am Jul 30, 2008 12:05am
Quoting Jurrasic
lol
i hate all support and resistance haha i like swinging around them
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,799
  • Jul 30, 2008 12:08am Jul 30, 2008 12:08am
a retrace up to my levels so it can hit my sell limit. other than that I'm just gonna sit and wait. the trades have been made.
"Diversification is an excuse for a lack of talent" ~FXC
  • #16,800
  • Jul 30, 2008 12:08am Jul 30, 2008 12:08am
Time for some good retracements ? doing long with few pips at a time

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
386 traders viewing now