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EURUSD

  • #22,121
  • Aug 21, 2008 1:02am Aug 21, 2008 1:02am
could resume fall anytime
The market can stay irrational, longer than you can stay solvent.
  • #22,122
  • Aug 21, 2008 1:11am Aug 21, 2008 1:11am
hi guys,

im a newbie here, i appreciate all of the senior traders giving time to teach us newbies a thing or two to stay in the market. I have a question, how do you integrate pivot points in your trading system?


thanks
  • #22,123
  • Aug 21, 2008 1:17am Aug 21, 2008 1:17am
Quoting bmvmx
could resume fall anytime
And your reasoning?
  • #22,124
  • Aug 21, 2008 1:21am Aug 21, 2008 1:21am
Quoting fxterrapin
And your reasoning?
All euro news today worse than previous, US news better than previous and we're coming up on London in 40 minutes which is a famous area for trend reversals. If it does reverse we'll get a nice double top on hourly btw..
On the path to Enrichment.
  • #22,125
  • Aug 21, 2008 1:32am Aug 21, 2008 1:32am
Morning guys looking like the bulls are winning the day as i predicted


hmmm
  • #22,126
  • Aug 21, 2008 1:33am Aug 21, 2008 1:33am
hi i,m newbie here, i really appriciate snnpr for posting this most useful post and even to seniour members...on behalf of juniors, i hope iwill learn lots of things abt forex technicals and fundamentals..
  • #22,127
  • Aug 21, 2008 1:34am Aug 21, 2008 1:34am
Has broken previous high, looks like a buy. I don't have to say much more.

I will put long position.
  • #22,128
  • Aug 21, 2008 1:37am Aug 21, 2008 1:37am
Didn't break r1 so far..
On the path to Enrichment.
  • #22,129
  • Aug 21, 2008 1:37am Aug 21, 2008 1:37am
Quoting NuckingFuts
It's the afternoon here!

Time for a beer, then a scotch, then a bottle of red


Then a bundy
  • #22,130
  • Aug 21, 2008 1:39am Aug 21, 2008 1:39am
Quoting Jurrasic
Didn't break r1 so far..
How about now.
  • #22,131
  • Aug 21, 2008 1:40am Aug 21, 2008 1:40am
Quoting daanman3
How about now.
Now it did but still came 2.5 pips short of my sl.. we'll see
On the path to Enrichment.
  • #22,132
  • Aug 21, 2008 1:41am Aug 21, 2008 1:41am
Quoting Jurrasic
Now it did but still came 2.5 pips short of my sl.. we'll see
I can't believe my timing, caught it 10 sec before this move up.
  • #22,133
  • Aug 21, 2008 1:42am Aug 21, 2008 1:42am
Quoting jc trader
hi guys,

im a newbie here, i appreciate all of the senior traders giving time to teach us newbies a thing or two to stay in the market. I have a question, how do you integrate pivot points in your trading system?


thanks
You could simply place the points manually or use an indicator such as these...
Attached File(s)
File Type: mq4 ###Auto Pivot.mq4   15 KB | 276 downloads
File Type: ex4 --PivotCustomTime----.ex4   15 KB | 289 downloads
  • #22,134
  • Aug 21, 2008 1:43am Aug 21, 2008 1:43am
I just knew today was going to break bullish; it was smelling allover the place
  • #22,135
  • Aug 21, 2008 1:46am Aug 21, 2008 1:46am
i,m in confusion, i thgought that it will fall, but it is raising? whts ur opinion seniors,i had a short at 1.47296.. will it cme back ..
  • #22,136
  • Aug 21, 2008 1:47am Aug 21, 2008 1:47am
Quoting Algirdas
We took Intraday Long since 1.4650,and we took 1/2 profit near 1.4750. Other 1/2 still hold until 1.4875. Same time ,at night we'll make one more Entry Long near 1.4710.Keep eye on FORUM
http://2.bp.blogspot.com/_nmIuQsC9b-...gServereee.png
Hold until 1.4895
{Promotion Removed}
  • #22,137
  • Aug 21, 2008 1:49am Aug 21, 2008 1:49am
Well got kicked out of my short.. in long.
On the path to Enrichment.
  • #22,138
  • Aug 21, 2008 1:49am Aug 21, 2008 1:49am
on 1hr and 4hr, looks like neckline will be broken.

10 more minutes, wondering if it will break.
  • #22,139
  • Aug 21, 2008 1:50am Aug 21, 2008 1:50am
thanks femzy
  • #22,140
  • Aug 21, 2008 1:52am Aug 21, 2008 1:52am
Quoting aprilbass
i,m in confusion, i thgought that it will fall, but it is raising? whts ur opinion seniors,i had a short at 1.47296.. will it cme back ..
there are no seniors, there are only idiots. Don't listen to anybody here including me.

BTW- you should have a stop loss, if not close the trade
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