DislikedIn Plain English:
1.405x within 6 hours from Time Stamp of this Post.
Re-assess @ that point.
HTHIgnored
I imagin what it is, only to be shure.
BTW, my trading room is closed for this week, it's not good to be greedy
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
DislikedIn Plain English:
1.405x within 6 hours from Time Stamp of this Post.
Re-assess @ that point.
HTHIgnored
DislikedThanks Bemac, could you give the reason for that call so that we will learn how to trigger good entries.
I imagin what it is, only to be shure.Ignored
DislikedBTW, my trading room is closed for this week, it's not good to be greedyIgnored
DislikedIn Plain English:
1.405x +/- within 6 hours from Time Stamp of this Post.
Re-assess @ that point.
Possibly looking for Fall to 1.3880?
Or Rise to 1.42XX
Don't know yet.
HTHIgnored
Dislikedi have a question. so like a lot of people i guess, i started trading my first real account and got hammered through a combination of impatience and greed. that stuff i can fix but my question is...
im trading with a micro account with 25 bucks. and i know people always tell n00bs to trade on daily charts. but i realized that the swings in daily prices are too large for me to handle. so my alternative is tightly monitoring 30 minute charts and going from there.
i'm not sure if wat im doing is correct. any suggestions?Ignored
Disliked1)identify what kind of trader you are
2)develop a strategy based on your trading personality
3)use time frames that apply to your trading methodology
As an example heres what i do. I notice trends/channels/patterns/support/resistance. I may decide to scalp a trend, buy at low sell at high...i use 5min/1min charts. I may wait for a breakout for a larger trade...I check weekly fibonacci on hourly chart, followed by daily fibonnaci on 15min chart followed by last real move up/down on 5min chart, followed by a breakout watch on 1min chart.
Thats just me though...it gets complicated...do what works for youIgnored
Dislikedgenerally speaking whats a good stop loss area? like how do i know when im wrong as opposed to normal market volatility but ultimately heading in my direction?Ignored
Dislikedgenerally speaking whats a good stop loss area? like how do i know when im wrong as opposed to normal market volatility but ultimately heading in my direction?Ignored
DislikedNY Desks call Friday... follow through Friday.
Why do you think that is?
Historically - when the week trends in one direction there's a 75% chance it will continue in that direction.
Trading is about probabilities.
Now - I'm not recommending anyone taking a position based on this but it's good to know.Ignored
Dislikedi have a question. so like a lot of people i guess, i started trading my first real account and got hammered through a combination of impatience and greed. that stuff i can fix but my question is...
im trading with a micro account with 25 bucks. and i know people always tell n00bs to trade on daily charts. but i realized that the swings in daily prices are too large for me to handle. so my alternative is tightly monitoring 30 minute charts and going from there.
i'm not sure if wat im doing is correct. any suggestions?Ignored
Dislikedsomewhere near 4045 (was a support) is a good place to place short.. if it could go thereIgnored
Dislikedthere is one other thing i would like to add......it really sucks i cant post pictures. anyways here goes. if you guys look at the 4 hour charts, the last bearish candlestick about 30 hours ago or so broke the lower wall of the downtrend that has been going on since 1.48. the yearly trendline upwards from the start of the move up at the end of 2005 created strong support just above 1.3900 area. all moves below it were spikes that could not hold up. the last 4hour bullish candlestick broke back inside the longer term downtrend decisively, and if it holds up, we may see 1.4200/40 in the near term (upper wall of longer term downtrend), which IS also 61.8fib retracement since the beggining of this week OR 38.2 since this whole recent downtrend started at 1.48Ignored
DislikedNot sure &, at this point, really don't care.
I Ignore News while observing Triple Witching.
This probably puts me in the catagory of 80% TA: 20% FA;
Funny how FA Runs Price to TA aint it? ...
Bemac Style Sojourne:
If you could ask Bruce Lee
"Why did you decide that a Roundhouse would be best applied at that point in the conflict?"
do you realy think you would understand the Complex Answer; or would he be better saying,
"Because that was the best response to the situation."
Never Strike a Blow In Anger.
Always Strike in Cold Blood.Ignored