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  • #61,201
  • Feb 3, 2009 2:33pm Feb 3, 2009 2:33pm
Quoting caputoe
To all,

Hopefully someone can help here....
This forum section will be much more helpful for you - http://www.forexfactory.com/forumdisplay.php?f=69
Probability Professor
  • #61,202
  • Feb 3, 2009 2:44pm Feb 3, 2009 2:44pm
Quoting caputoe
To all,

Hopefully someone can help here....
Someone like Ronald Raygun could do this relatively quickly and you can find him on the thread just posted. Seems hes a programming genius.

I tried a similar EA, but it wiped me out during ranging markets.

Dazzer

Edit: Hate EAs anyway.
  • #61,203
  • Feb 3, 2009 2:45pm Feb 3, 2009 2:45pm
does anyone see the euro hittin 1.2950 again??
  • #61,204
  • Feb 3, 2009 2:53pm Feb 3, 2009 2:53pm
We're right at the weekly pivot. Lets see what happens, the bulls need a rest if we're to test 1.33, we could be in for a down move now.
  • #61,205
  • Feb 3, 2009 2:57pm Feb 3, 2009 2:57pm
Shorting again from here...short term trade...fairly tight stop. Want to be out by EOD and will give it 20 pips from 1.3036
  • #61,206
  • Feb 3, 2009 3:01pm Feb 3, 2009 3:01pm
Quoting TIckerShuffl
Shorting again from here...short term trade...fairly tight stop. Want to be out by EOD and will give it 20 pips from 1.3036
Nooo dont do it
  • #61,207
  • Feb 3, 2009 3:02pm Feb 3, 2009 3:02pm
Quoting vxdxm
Nooo dont do it

why shouldnt he what do you see?
  • #61,208
  • Feb 3, 2009 3:08pm Feb 3, 2009 3:08pm
Quoting CAnthonyMVE
why shouldnt he what do you see?
Its broken the 4h channel, and just tested it, in my eyes it will be goin up, what do you see?
  • #61,209
  • Feb 3, 2009 3:12pm Feb 3, 2009 3:12pm
Quoting vxdxm
Its broken the 4h channel, and just tested it, in my eyes it will be goin up, what do you see?

man today was a bad day for me im just trying to figure out what i can to to recover from some of my losses
  • #61,210
  • Feb 3, 2009 3:12pm Feb 3, 2009 3:12pm
Quoting vxdxm
Its broken the 4h channel, and just tested it, in my eyes it will be goin up, what do you see?
what 4 hr channel? can you show or explain?
  • #61,211
  • Edited 3:16pm Feb 3, 2009 3:13pm | Edited 3:16pm
Low volumes right now, can't figure out next direction, plus Asia opening soon, better stay sidelined guys.
Traders are smartasses
  • #61,212
  • Feb 3, 2009 3:16pm Feb 3, 2009 3:16pm
Quoting Spsantos
No liquidity right now, can't figure out next direction, plus Asia opening soon, better stay sidelined guys.
whats so fundamentally important of the asia opening that will effect a move right now?
  • #61,213
  • Feb 3, 2009 3:16pm Feb 3, 2009 3:16pm
Don't want to hold into rollover to tomorrow, but here is short term setup.
This flatline action is scary...the suspense is not healthy
Attached Image (click to enlarge)
Click to Enlarge Name: eur0202.jpg Size: 236 KB
  • #61,214
  • Feb 3, 2009 3:17pm Feb 3, 2009 3:17pm
Quoting PipPipPip
whats so fundamentally important of the asia opening that will effect a move right now?
History repeats itself.

Meaning, last two day asia never brougth Euro up, for example today it was bouncing on the DP until London opened...

If you check previous days, Asian markets usually have been showing differences from "western" markets. Hence the "famous" "don't trade during opening hours", better wait for the open and see what trend will develop, has been like this for some years, I don't see any reason why this mostly correct assumption can be forgotten.
Traders are smartasses
  • #61,215
  • Feb 3, 2009 3:18pm Feb 3, 2009 3:18pm
Quoting TIckerShuffl
Don't want to hold into rollover to tomorrow, but here is short term setup.
Can you explain to me what the divergence signifies? I understand that at right now there is a possible 15 min double top, however I do not understand the significance of the MACD and other indicators being lower then at the previous top. Thank you very much
Dr. C
  • #61,216
  • Feb 3, 2009 3:19pm Feb 3, 2009 3:19pm
Quoting Spsantos
History repeats itself.
what part of history are you thinking has a big impact on the eur/usd regards to asia opening?
  • #61,217
  • Feb 3, 2009 3:19pm Feb 3, 2009 3:19pm
needles to say i am very pleased with this trade which begun like a counter-trend on monday, 1st target (1.3050) hit so i am collecting the longs here, if this rally was sustainable or not has to be seen, more analysis on the next move tomorrow.

good luck to all the counter traders out there
Attached Image (click to enlarge)
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  • #61,218
  • Feb 3, 2009 3:19pm Feb 3, 2009 3:19pm
Quoting PipPipPip
what 4 hr channel? can you show or explain?

There is a flag formation on 5 min chart, so next breakout should determine the direction of the move, so might go either direction, but there is a stronger chance of an uptrend
  • #61,219
  • Feb 3, 2009 3:25pm Feb 3, 2009 3:25pm
Quoting vxdxm
There is a flag formation on 5 min chart, so next breakout should determine the direction of the move, so might go either direction, but there is a stronger chance of an uptrend
sorry, wouldn't know how to respond back because i do not know whats a flag formation, however, bulls are still hanging above resistance two.
  • #61,220
  • Feb 3, 2009 3:28pm Feb 3, 2009 3:28pm
Quoting PipPipPip
sorry, wouldn't know how to respond back because i do not know whats a flag formation, however, bulls are still hanging above resistance two.
The market is dead slow, closed with a 7 pip profit, cant hang around for too long as I have held the position for almost 20 mins now.
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