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EURUSD

  • #31,001
  • Sep 16, 2008 9:35pm Sep 16, 2008 9:35pm
http://i523.photobucket.com/albums/w.../EUR1709_1.png
.> 1.4
{Promotion Removed}
  • #31,002
  • Sep 16, 2008 9:39pm Sep 16, 2008 9:39pm
So what's your point? adwin?
  • #31,003
  • Sep 16, 2008 9:41pm Sep 16, 2008 9:41pm
Quoting Gofer Pips
So what's your point?
he wrote

price goes down below 1.4
  • #31,004
  • Sep 16, 2008 9:46pm Sep 16, 2008 9:46pm
Quoting SunTrader
...
What about the point of 5 or 6. You seem to be of the 6 crowd, yes??
I utilize 6 on FX yes.{e-trading}.

5 on Futures & Options. {open outcry}
  • #31,005
  • Sep 16, 2008 9:48pm Sep 16, 2008 9:48pm
Quoting Bemac
I utilize 6 yes.
anyway ema 7 and 14 work for me
last hour to daily close
one hour of fight i suppose
ema 7 is located at 1.4183 and price is sittin on it exactly
  • #31,006
  • Sep 16, 2008 9:55pm Sep 16, 2008 9:55pm
Quoting 5ysfx
anyway ema 7 and 14 work for me
last hour to daily close
one hour of fight i suppose
ema 7 is located at 1.4183 and price is sittin on it exactly
Then don't change it until you see different.
  • #31,007
  • Sep 16, 2008 10:09pm Sep 16, 2008 10:09pm
This sideways market is making mince meat out of my system

  • #31,008
  • Sep 16, 2008 10:13pm Sep 16, 2008 10:13pm
Quoting tdion
This sideways market is making mince meat out of my system

thats the purpose of sideways moves
  • #31,009
  • Sep 16, 2008 10:17pm Sep 16, 2008 10:17pm
Quoting tdion
This sideways market is making mince meat out of my system

We endeavour to avoid the room with the Whips but, occasionally, we do stumble into it. Then the quest becomes finding the Fastest Exit.

GL TD.
  • #31,010
  • Sep 16, 2008 10:22pm Sep 16, 2008 10:22pm
I think we'll see some nice action tonight. I think it may be better to wait & see. Some may see a double bottom at 1.4070 area along with a flag pattern off the highs of this week which would lead to a breakout to the upside at some point, up to around 1.4700 IMO.

On the other hand, if 1.4070 is broken to the downside, 1.3880 area is back on the table, with 1.3550 beyond that.
  • #31,011
  • Sep 16, 2008 10:27pm Sep 16, 2008 10:27pm
carefull eu longs
yen index hit support and bounce pretty fast this cause ej big drop
and bring eu down its a matter of time now.

sencond thing if daily candle will close below 14176 then u know ...

30 min left
  • #31,012
  • Sep 16, 2008 10:29pm Sep 16, 2008 10:29pm
I keep reading here that many experienced traders are recommending not to trade right now. I have stayed out of the market but I’m not sure I am learning anything other than what it is to be described with eloquent and flattering language on this thread.

But in all seriousness, I am curious what the more experienced day traders are looking for that would indicate they would get back in?
Redefining Reality
  • #31,013
  • Sep 16, 2008 10:30pm Sep 16, 2008 10:30pm
this is all i see...then again i could be wrong and it may tap the longer term 61.8%...stopping me out...well see
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Different opinions highly valued, ignorant to slander.
  • #31,014
  • Sep 16, 2008 10:33pm Sep 16, 2008 10:33pm
Quoting piptechnician
I keep reading here that many experienced traders are recommending not to trade right now. I have stayed out of the market but I’m not sure I am learning anything other than what it is to be described with eloquent and flattering language on this thread.

But in all seriousness, I am curious what the more experienced day traders are looking for that would indicate they would get back in?
when eu move sideways trade yen pairs then
  • #31,015
  • Edited 11:07pm Sep 16, 2008 10:35pm | Edited 11:07pm
I don't know how low it can go but from what I've read on this thread, I suspect that there will be a bunch of you Selling at a break of ~1.4070.

Then you will be asking for advice when it stalls @ 1.4050...


So here it is...
1.4019 looks like the Bear target @ the moment but the longer it takes to run @ it, the lower the Target will go. I feel the Bulls will hold the line {for now} @ the 1.4000 mark. {which means a Low of 1.3985} and start a new battle. One which I suspect they will subsequently lose.

Calling ahead to 1.36xx for Bed & Breakfast.

*Edit* Add ps.
ps. In history, 1.36xx will appear as "noise outside the Trend"
  • #31,016
  • Edited 10:50pm Sep 16, 2008 10:35pm | Edited 10:50pm
Quoting SpecialEd
Only 1 yesterday, but typically 5-7 trades/day. I did not mean to say that I'm the most successful trader on the thread. These guys just helped me to simplify my approach to trading, clear out a lot of cobwebs from the brain, and get into a rhythm that I am getting fairly good at duplicating. Thought I would share that info with DougDude9; hopefully it helps.
It's true fundamentals can be very misleading. Look at yen pairs, over the past two years...defies all logic. I am more of seasonal trader. I only get into forex when the picking is ripe.
  • #31,017
  • Sep 16, 2008 10:37pm Sep 16, 2008 10:37pm
Quoting piptechnician
I keep reading here that many experienced traders are recommending not to trade right now. I have stayed out of the market but I’m not sure I am learning anything other than what it is to be described with eloquent and flattering language on this thread.

But in all seriousness, I am curious what the more experienced day traders are looking for that would indicate they would get back in?
Don't know if I qualify in your esteem but my previous post is my reply.

AND Just so I don't have to Past Post Post;
Failing that, we could be heading for a Test of 1.465x. {my momentum measures are on the floor & turning North}
  • #31,018
  • Sep 16, 2008 10:40pm Sep 16, 2008 10:40pm
well that turned into an easy 20pip scalp...too dangerous to stay in atm!
Different opinions highly valued, ignorant to slander.
  • #31,019
  • Sep 16, 2008 10:48pm Sep 16, 2008 10:48pm
Quoting acumen
Where did you go to school?

I mean - middle school.

I see you are an American.

Most of the ESLs here have better literary skills.
I had you on ignore, but I could not pass this up since your "follower" felt obligated to use a ROLF emoticon supporting your childish commentary. Can you be more specific about my literary skills? Frankly I am not impressed with the four sentence structure of your post, as it sounds like a 9 year old (as you referred to yourself recently) and the "I mean - middle school," is not even a valid sentence. Those in glass houses should not throw stones, I am sure you have heard.

I am prepared to present and compare some of my literary critiques I have written on some of the classic works by Joyce, H. D. lawrence or Tim O'Brien, to name a few, if you would like to present one first. For the time being I will leave you off ignore and look forward to analyzing your writing.
  • #31,020
  • Sep 16, 2008 10:50pm Sep 16, 2008 10:50pm
Tdion - My EA getting kicked in the teeth too (and i'm built too take advantage of small blips) - I've never seen such small-rise choppy market this thing cant make up his mind. The Martingale people are cleaning up right now but I dont play with fire.
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