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EURUSD

  • #52,201
  • Dec 23, 2008 9:41am Dec 23, 2008 9:41am
lion what is drop or buckets?
  • #52,202
  • Dec 23, 2008 9:46am Dec 23, 2008 9:46am
Sometimes I just don't get the news and the reason why the currency goes the opposite way.
  • #52,203
  • Dec 23, 2008 9:47am Dec 23, 2008 9:47am
Eur/Usd has broken out of bear pennant, looking for confirmation on the 1 week/1hr chart for it to fall even more. For the past two days it has hovered around 1.3977 but it is now signalling a bearish tone.
  • #52,204
  • Dec 23, 2008 9:48am Dec 23, 2008 9:48am
Quoting Gavin85
Eur/Usd has broken out of bear pennant, looking for confirmation on the 1 week/1hr chart for it to fall even more. For the past two days it has hovered around 1.3977 but it is now signalling a bearish tone.
signals? care to share more
  • #52,205
  • Dec 23, 2008 9:49am Dec 23, 2008 9:49am
Quoting trading801
lion what is drop or buckets?
micro lots = drops
large lots = buckets
  • #52,206
  • Dec 23, 2008 9:50am Dec 23, 2008 9:50am
Quoting trading801
lion what is drop or buckets?
Hi trading, how's your boat doing, everything fine for 2009?
  • #52,207
  • Dec 23, 2008 9:52am Dec 23, 2008 9:52am
hey cobra how hav u been doin? How ur boat?
  • #52,208
  • Dec 23, 2008 9:54am Dec 23, 2008 9:54am
Quoting cobraforex
Hi trading, how's your boat doing, everything fine for 2009?
omg I MISSED U SO MUCH I TOT U WERE GONE.. AM PRETTY UPSET THESE FEW DAYS


i was stupid.. i do not know what i am doing...

after my boat run from sep to oct, i was up 500% of my capital.. i got crazy almost gambling... now i am down to 200% of my capital
  • #52,209
  • Dec 23, 2008 9:55am Dec 23, 2008 9:55am
I wish I could post my screen cause this would be so much easier to explain, but here it goes.

Since 4am (PST) on Dec 18th the Euro has reached a peak with a large tweezer top and a stalling on the 38.2% retracement on the fibonacci there is initial bear signal.

This is coupled with a bear pennant that is started at 12am Dec 19th(PST) and is now closing in now 7am (PST) with a confirmation candle below 1.397ish area i believe the eur/usd will go down. keep in mind Iam not a professional so take my advice with a grain of salt. Confirm with your own analysis.
  • #52,210
  • Dec 23, 2008 9:55am Dec 23, 2008 9:55am
Quoting junglelion
micro lots = drops
large lots = buckets
so am i right you are trading on 1 cent per pip?
  • #52,211
  • Dec 23, 2008 10:05am Dec 23, 2008 10:05am
Quoting trading801
so am i right you are trading on 1 cent per tit?
yes
  • #52,212
  • Dec 23, 2008 10:06am Dec 23, 2008 10:06am
My advice, should you choose to listen to it, forget the markets this week, clearly in ranging and low volatility, not enough bull/bear followers to make this pair go either way, i've seen this many many times before, unless you're scalping for a few pips each, better take some time off!
Euro won't leave 1.38-1.41 range by the looks of it.

This message should auto-destroy itself in 5 seconds.

Merry christmas!
Traders are smartasses
  • #52,213
  • Dec 23, 2008 10:16am Dec 23, 2008 10:16am
Quoting bksujal
hey cobra how hav u been doin? How ur boat?
Got a high speed boat now with the THV system.
  • #52,214
  • Dec 23, 2008 10:19am Dec 23, 2008 10:19am
Quoting trading801
omg I MISSED U SO MUCH I TOT U WERE GONE.. AM PRETTY UPSET THESE FEW DAYS


i was stupid.. i do not know what i am doing...

after my boat run from sep to oct, i was up 500% of my capital.. i got crazy almost gambling... now i am down to 200% of my capital
Don't worry, you'll get it back, now it's not the best time to trade.
Cobra is in vacation for a month.
Merry Xmas, glad to hear from you
  • #52,215
  • Dec 23, 2008 10:23am Dec 23, 2008 10:23am
either scalp or stay out
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 10 KB
  • #52,216
  • Dec 23, 2008 10:24am Dec 23, 2008 10:24am
Quoting cobraforex
Got a high speed boat now with the THV system.
gr8 u trade on a mini account or a standard one?
  • #52,217
  • Dec 23, 2008 10:33am Dec 23, 2008 10:33am
Junglelion, what is your blue indicator on your chart?

Thank you
  • #52,218
  • Edited 10:55am Dec 23, 2008 10:44am | Edited 10:55am
Quoting bksujal
gr8 u trade on a mini account or a standard one?
Standart on ACM and mini on FxSol.

Here a screenshot of the system, you can visit the thread making click on the footprint of this post.

You see in the chart a trade of 100+ pips in 1M, but I'm not trading actually, vacation time.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 26 KB
  • #52,219
  • Dec 23, 2008 11:16am Dec 23, 2008 11:16am
I've always Loss and Loss again.
  • #52,220
  • Dec 23, 2008 11:20am Dec 23, 2008 11:20am
EURGBP is in a race to parity... How you think would affect EURUSD?
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