EURUSD | Page 2486 | 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

  • #49,701
  • Edited 3:54pm Dec 11, 2008 3:37pm | Edited 3:54pm
Quoting bigandrich
This will give you an idea of how big fxcm spike was. Two examples. Two entry orders hit one on the e/j at 157 and one on g/j at 198.
That will teach you to leave some limit orders laying a'rd up there just in case for the ride back down...

you could take the rest of this year and all of the next one off as well... sorry, i know that's not really funny. still........

ADD: you did say earlier that it sounds like there's no dispute that it was their error, correct?
FUBAR...
  • #49,702
  • Dec 11, 2008 3:38pm Dec 11, 2008 3:38pm
I'm start to thinking ........................ bah!!
Believe when I say a lot ............. is a LOT!!!!!!!!!!!
I don't know what I must do.
Stop with forex?
Start again?
I'm a little tired.http://www.forexfactory.com/images/icons/icon9.gif

Quoting BANDA
I also lost nearly everything .............I am so sad ........Please try to fight back !
  • #49,703
  • Dec 11, 2008 3:38pm Dec 11, 2008 3:38pm
Quoting zapper
You sure that price is going to bounce off from here at full swing?
Of course I'm not sure. I'm not trying to guess things that you can't guess.

At this point it's quite clear that two days have been total bull market.

Also, dollar index looks awfully like it's going to break to downside:
http://www.bloomberg.com/apps/quote?ticker=DXY%3AIND

To be honest, I'm a bit nervous about the daily trendline and possible lower high but we'll see. This can't go up forever without consolidation at least.
  • #49,704
  • Dec 11, 2008 3:41pm Dec 11, 2008 3:41pm
Quoting mikkom
Looks a little bit improvised to me.. You should draw it from peak to peak (on my daily chart we have not yet touched the trendline)

Anyways, here's the weekly
My personal rule is it must touch 3 wicks /yours may be right.Gonna stick with mine for now and wait .
  • #49,705
  • Dec 11, 2008 3:42pm Dec 11, 2008 3:42pm
Quoting mikkom
Looks a little bit improvised to me.. You should draw it from peak to peak (on my daily chart we have not yet touched the trendline)

Anyways, here's the weekly
Hi all. I have the daily TL @ ~136 which is also the 50% fib from 4865 top to 2330 low.

I have a short @ 133 under water that got triggered at the 38% fib (had forgotten I had that order). I am 'hoping' we retrace to first fib of most recent move @ 132 and continue up from there, but if we break 134 first I'll hedge and the size of the position won't endanger my account.
Consistency and patience is everything
  • #49,706
  • Dec 11, 2008 3:46pm Dec 11, 2008 3:46pm
Quoting Fly2
My personal rule is it must touch 3 wicks /yours may be right.Gonna stick with mine for now and wait .
By wicks, do you mean the tips of candlesticks (Highs) in history data during the downtrend?
  • #49,707
  • Dec 11, 2008 3:47pm Dec 11, 2008 3:47pm
Quoting mikkom
Looks a little bit improvised to me.. You should draw it from peak to peak (on my daily chart we have not yet touched the trendline)

Anyways, here's the weekly
thanks
  • #49,708
  • Dec 11, 2008 3:48pm Dec 11, 2008 3:48pm
Quoting mikkom
Of course I'm not sure. I'm not trying to guess things that you can't guess.

At this point it's quite clear that two days have been total bull market.

Also, dollar index looks awfully like it's going to break to downside:
http://www.bloomberg.com/apps/quote?ticker=DXY%3AIND

To be honest, I'm a bit nervous about the daily trendline and possible lower high but we'll see. This can't go up forever without consolidation at least.
yes, i too feel there should be a fair consolidation for an uptrend from 1.2550 to this far...
  • #49,709
  • Dec 11, 2008 3:59pm Dec 11, 2008 3:59pm
Quoting -TryToTrade-
I'm start to thinking ........................ bah!!
Believe when I say a lot ............. is a LOT!!!!!!!!!!!
I don't know what I must do.
Stop with forex?
Start again?
I'm a little tired.http://www.forexfactory.com/images/icons/icon9.gif
Maybe you could go back to square one, figure out where your trades went wrong and trade small amounts until your trades play out the way you want? Just a suggestion. Sorry you lost a bunch of money. I'm still making up for a few losses myself.
  • #49,710
  • Dec 11, 2008 4:01pm Dec 11, 2008 4:01pm
fxcm clients who may not have gotten the word... something to follow up on.

http://www.forexfactory.com/showpost...stcount=148630
FUBAR...
  • #49,711
  • Dec 11, 2008 4:01pm Dec 11, 2008 4:01pm
Quoting ak4x
That will teach you to leave some limit orders laying a'rd up there just in case... you could take the rest of this year and all of the next one off as well... sorry, i know that's not really funny. still........



you did say earlier that it sounds like there's no dispute that it was their error, correct?
They claimed "bad tick". Yes, supposed to restore accounts later this evening...It was actually quite educational to see the power of leverage. I can see why people get into trouble. Amazing. On a side note, I always have limit orders open, usually all over the place at support and resistance levels. I've found that I miss way to many opprotunities. Forex is just something I tinker with, I don't need the money...just the challenge. That margin call got my attention though. These were just two of the higher ones that were triggered. My account was a mess in the red.
  • #49,712
  • Dec 11, 2008 4:04pm Dec 11, 2008 4:04pm
FXCM is really horror story I told them in 5 years nothing but trouble with them time to leave them
  • #49,713
  • Dec 11, 2008 4:06pm Dec 11, 2008 4:06pm
Quoting -TryToTrade-
I'm start to thinking ........................ bah!!
Believe when I say a lot ............. is a LOT!!!!!!!!!!!
I don't know what I must do.
Stop with forex?
Start again?
I'm a little tired.http://www.forexfactory.com/images/icons/icon9.gif
Learn as much as you can, there is no holly grails but learn a way of trade that fits your style and don't try to change from system to system.

NEVER BUT NEVER exposes your account more than 3%, when you have more experience try to go for a maximum of 11%, never expose more than that.
The temptation to won quick money is high so will be your loses.
when you lose two trades in a row, STOP TRADING That day.
Do not quit, but you can go for micro trades twice a day, enlarge your SL and TP for that. if you won 3/5USD per day is better than lose 50/150, sure!

Really sorry
GL
  • #49,714
  • Dec 11, 2008 4:10pm Dec 11, 2008 4:10pm
A decent retrace in ranging market should bring the price down to 1.32 if not below that...
  • #49,715
  • Dec 11, 2008 4:14pm Dec 11, 2008 4:14pm
This is my last post for today, and for all people here that is scratching their heads about my posts, I will show this pic and then see my last posts and what I have wrote and what happened next.

First of all as you guys can see, there is a lot of lines, but the important in this up move is the Diagonal reds.

This is a Pic of my M15 Gann chart:
See the circle, that was where the red line and Black line holded the price at 1.3079, that cross is magic, there was then only a way to go, and it was up, see where the price ends today's journey, right at the top of next gann Red Line, in the middle we have a gann green line, price ignore it, this line was near 1.3228 where with the help of my Weekly gann chart shows that price did not respect that line too and I , and why I did that, because I do not see more lines between.

Well, now that most see how I trade, please stop scratching the head!

Bye to all
Attached Image
  • #49,716
  • Dec 11, 2008 4:20pm Dec 11, 2008 4:20pm
Is that a flag forming on the 1H?
Traders are smartasses
  • #49,717
  • Dec 11, 2008 4:23pm Dec 11, 2008 4:23pm
Quoting Spsantos
Is that a flag forming on the 1H?
hell no!!
  • #49,718
  • Dec 11, 2008 4:23pm Dec 11, 2008 4:23pm
Quoting Spsantos
Is that a flag forming on the 1H?
yes i guess...
And already the Aussies are looking like short sellers...
  • #49,719
  • Dec 11, 2008 4:25pm Dec 11, 2008 4:25pm
Missed daily trendline by at least 60 pips:
Attached Image (click to enlarge)
Click to Enlarge Name: EUdaily.PNG Size: 26 KB
  • #49,720
  • Dec 11, 2008 4:28pm Dec 11, 2008 4:28pm
Quoting BoredToLoose
please stop scratching the head!
228 traders viewing now