EURUSD | Page 1545 | 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

  • #30,881
  • Sep 16, 2008 1:54pm Sep 16, 2008 1:54pm
Quoting acumen
... don't care if helicopter calls me and let's me know what his next move is.
this is for you mike.. this was him speaking a few months back. (wrong pair I know, but it's the thought that counts, right?)
Attached Image
FUBAR...
  • #30,882
  • Sep 16, 2008 1:55pm Sep 16, 2008 1:55pm
Quoting acumen
In between pivots and psyches is no mans land. (for me)
Psyches? You mean 1.4200, 1.4300 right?

Maarten
  • #30,883
  • Sep 16, 2008 1:58pm Sep 16, 2008 1:58pm
Quoting dougdude9
Well all, not a good first day of live trading for me. I was long at 1.4250 and got stopped at 1.4105. I've taken these hits before on my demos, so I'll try to stick to what I've been doing. I should have known better to not trade on a huge news day like this. Hopefully I can keep my head up and learn from this. The day isn't over yet, so who knows.

Anyway, I just want to apologize that I posted some msgs with no value what so ever... kinda such as this one... lol. I guess I was looking for hand holding or something. Anyway, hopefully I'll still be around here making new friends on this thread. If you don't see me, then I chickened out!
Using money management? Because when I started trading I didn't use it, and now.... well lets say that it just made a whole lot of difference!

Maarten
  • #30,884
  • Sep 16, 2008 2:03pm Sep 16, 2008 2:03pm
Quoting dougdude9
Well all, not a good first day of live trading for me. I was long at 1.4250 and got stopped at 1.4105. I've taken these hits before on my demos, so I'll try to stick to what I've been doing. I should have known better to not trade on a huge news day like this. Hopefully I can keep my head up and learn from this. The day isn't over yet, so who knows.

Anyway, I just want to apologize that I posted some msgs with no value what so ever... kinda such as this one... lol. I guess I was looking for hand holding or something. Anyway, hopefully I'll still be around here making new friends on this thread. If you don't see me, then I chickened out!
You can't be afriad. Just go for it, and be ready to ride out some trades on your convictions. Some of my biggest trades start off down.
  • #30,885
  • Sep 16, 2008 2:04pm Sep 16, 2008 2:04pm
Quoting ak4x
this is for you mike.. this was him speaking a few months back. (wrong pair I know, but it's the thought that counts, right?)
LOL that picture is hilarious!!
  • #30,886
  • Sep 16, 2008 2:10pm Sep 16, 2008 2:10pm
Quoting TIckerShuffl
Are you quoting wikipedia?

Microeconomics involves the details of the economy which are relevant to the subjects I was discussing in my original post. Macroeconmics deals with the aggregate and broad subjects in economics but not the specifics of one household, nation or business. The two are not broken up by size households being micro vs countries being macro - that's embarrassing for you to say that, lol. Monetary policy, trade, are covering in both micro and macro, but the micro issues are what matter in forex trading becasue we are looking at indivual sets of data and not talking in generalities. What is happening in US economy and the feds balance sheet is a micro issue. get it?

PS: I leave when I feel like it. Someone has to keep you self proclaimed experts in check. I am still long and adding. I already said I was averaging in.
micro issues are what matter in forex trading

Tell us more Keynes.
  • #30,887
  • Sep 16, 2008 2:10pm Sep 16, 2008 2:10pm
Quoting TIckerShuffl
LOL that picture is hilarious!!
i'm kinda confussed here.leaving the interest rate stable,should that be good or bad for the dollar.?
  • #30,888
  • Sep 16, 2008 2:12pm Sep 16, 2008 2:12pm
Quoting Maarten999
Using money management? Because when I started trading I didn't use it, and now.... well lets say that it just made a whole lot of difference!

Maarten

Yea, I'm using it... correctly, I don't know. I could probably use a lesson. I will do some searching on it and make sure I fully understand it.
  • #30,889
  • Sep 16, 2008 2:13pm Sep 16, 2008 2:13pm
Quoting ak4x
this is for you mike.. this was him speaking a few months back. (wrong pair I know, but it's the thought that counts, right?)

Great pic.
  • #30,890
  • Sep 16, 2008 2:13pm Sep 16, 2008 2:13pm
Quoting acumen
In between pivots and psyches is no mans land. (for me)

So really the relevant points for you are the pp, s1, s2, r1, r2. All trades are short if price is below pp. Conversely all trades are long if price is above pp. When price first hits either s1 or r1 and then pulls back - then the entry is the penetration thru either s1 or r1. Are pysche levels then only taken into consideration if they also fall on either an s1 or r1 line?
  • #30,891
  • Sep 16, 2008 2:14pm Sep 16, 2008 2:14pm
Quoting dougdude9
Well all, not a good first day of live trading for me. I was long at 1.4250 and got stopped at 1.4105. I've taken these hits before on my demos, so I'll try to stick to what I've been doing. I should have known better to not trade on a huge news day like this. Hopefully I can keep my head up and learn from this. The day isn't over yet, so who knows.

Anyway, I just want to apologize that I posted some msgs with no value what so ever... kinda such as this one... lol. I guess I was looking for hand holding or something. Anyway, hopefully I'll still be around here making new friends on this thread. If you don't see me, then I chickened out!
Dougdude, don't chicken out. If you've been trading demo for 2 years, you had a lot more patience than I. Study hard, listen to the guys on the thread talk about money money management, study their charts, trust your system but be willing to adapt over weeks, and go for it. I don't have much productive to say, but they tolerate me and I've learned a lot.

Ed
Up or down, gimme a ticket
  • #30,892
  • Sep 16, 2008 2:14pm Sep 16, 2008 2:14pm
Quoting dougdude9
Yea, I'm using it... correctly, I don't know. I could probably use a lesson. I will do some searching on it and make sure I fully understand it.
http://www.babypips.com/school/money_management.html
  • #30,893
  • Sep 16, 2008 2:16pm Sep 16, 2008 2:16pm
Quoting ragu
So really the relevant points for you are the pp, s1, s2, r1, r2. All trades are short if price is below pp. Conversely all trades are long if price is above pp. When price first hits either s1 or r1 and then pulls back - then the entry is the penetration thru either s1 or r1. Are pysche levels then only taken into consideration if they also fall on either an s1 or r1 line?
I use psyches for entries and for taking profit.

m
  • #30,894
  • Sep 16, 2008 2:16pm Sep 16, 2008 2:16pm
Hey ticker, thanks for saying something about eur/ aud this morn. I love that pair and still in a short for +271
  • #30,895
  • Sep 16, 2008 2:18pm Sep 16, 2008 2:18pm
Quoting emmyi29
i'm kinda confussed here.leaving the interest rate stable,should that be good or bad for the dollar.?
Neutral as far as rates are concerned compared to expectations. Unless the market had priced in a hike or a cut...then no change might cause a measurable reaction. The dollar has plenty of other issues, both technical and fundamental.
  • #30,896
  • Sep 16, 2008 2:19pm Sep 16, 2008 2:19pm
Quoting NoBread
Hey ticker, thanks for saying something about eur/ aud this morn. I love that pair and still in a short for +271
NIIIICE!! grats!
  • #30,897
  • Sep 16, 2008 2:21pm Sep 16, 2008 2:21pm
Quoting TIckerShuffl
Neutral as far as rates are concerned compared to expectations. Unless the market had priced in a hike or a cut...then no change might cause a measurable reaction. The dollar has plenty of other issues, both technical and fundamental.
Those fragmented European economies are doing great.
  • #30,898
  • Sep 16, 2008 2:23pm Sep 16, 2008 2:23pm
Quoting TIckerShuffl
You can't be afriad. Just go for it, and be ready to ride out some trades on your convictions. Some of my biggest trades start off down.
Some advice...
  • #30,899
  • Sep 16, 2008 2:24pm Sep 16, 2008 2:24pm
Quoting acumen
I use psyches for entries and for taking profit.

m

Ok, that clarifies it.....my style is similar, however my entries are based on the bars as opposed to price points...I think by combining these two styles there is a powerful combination to be found. You've been very helpful and gracious with your knowledge, thank you acumen.
  • #30,900
  • Sep 16, 2008 2:28pm Sep 16, 2008 2:28pm
Quoting ragu
Ok, that clarifies it.....my style is similar, however my entries are based on the bars as opposed to price points...I think by combining these two styles there is a powerful combination to be found. You've been very helpful and gracious with your knowledge, thank you acumen.
Have you watched my video on trading PP and psyches?

This has been a great site for me.

I've learned a ton here.

Mike
470 traders viewing now, 1 is registered:
patientpan