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  • #81,321
  • Mar 30, 2009 2:42pm Mar 30, 2009 2:42pm
Quoting Rednose
I live in germany GMT+1 and I work everyday till 20:00 hours (8pm) is it a bad option trading eur-usd after 22:00hours?? If the answer is yes, wich pair would suit better?

Can anyone help?

Thanks.

From experience they all trade much the same, when I first started there was much better movement in the evenings but this is sadly getting less

12GMT so @1pm your time sometimes it livens up abit, but not that feasible I guess.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #81,322
  • Mar 30, 2009 2:47pm Mar 30, 2009 2:47pm
Quoting emda
you can trade any pair any time... but you have to learn how the market moves for each period of the day... this time is low volatility market which can be very good also depending on your strategy.
I´m trying to scalp on this hours but to be honest I´m not having good results, I´m using RSI and Stochs, with ema´s but Market don´t move enough to make profits..spreads are killing me..http://www.forexfactory.com/images/icons/icon9.gif
  • #81,323
  • Mar 30, 2009 2:52pm Mar 30, 2009 2:52pm
It can be a pull back, can try to get a level 3 price 1.33299
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Click to Enlarge Name: EURUSD25MIN.gif Size: 22 KB
Click to Enlarge Name: DAILY.gif Size: 37 KB
  • #81,324
  • Mar 30, 2009 2:52pm Mar 30, 2009 2:52pm
No rate cut can also be interpreted as Trichet doesn't understand, still, that the world has changed. As he was late to the party lowering rates after all the world's major economies growth slowed or went into recession.
  • #81,325
  • Mar 30, 2009 2:53pm Mar 30, 2009 2:53pm
Quoting Rednose
I´m trying to scalp on this hours but to be honest I´m not having good results, I´m using RSI and Stochs, with ema´s but Market don´t move enough to make profits..spreads are killing me..http://www.forexfactory.com/images/icons/icon9.gif
Try with fxpro. Very small spreads. :-)
  • #81,326
  • Mar 30, 2009 2:56pm Mar 30, 2009 2:56pm
Quoting Rednose
I´m trying to scalp on this hours but to be honest I´m not having good results, I´m using RSI and Stochs, with ema´s but Market don´t move enough to make profits..spreads are killing me..http://www.forexfactory.com/images/icons/icon9.gif
the first mistake all new traders make is to try to scalp before learning to trade the daily. Do not try to scalp. And forget about indicators.. Use only a clean chart without any indicators... and draw support an resistance levels... I know you may not accept this and maybe reconsider it after losing a lot of money in one year... Seriously... Do not to scalp and not use indicators.. And concentrate in money management and support and resistance levels. To take my suggestion seriously right now can save you so much money that you will want to donate me half of it after a year..... you will see..
  • #81,327
  • Mar 30, 2009 3:00pm Mar 30, 2009 3:00pm
DX charts Daily and Weekly.

We had an interesting day today. With DX continuing to rise from Friday.

On the Weekly chart we are still bullish till 82.63 is taken out.

The Daily chart we have approached the 50 SMA, with CCI at -23.92 and we can get a 'zero line' rejection. If today's high of 86.12 holds we could see DX dropping tomorrow.

There is an inverse relationship between EUR-USD and DX (Dollar Index).
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  • #81,328
  • Mar 30, 2009 3:03pm Mar 30, 2009 3:03pm
Quoting emda
the first mistake all new traders make is to try to scalp before learning to trade the daily. Do not try to scalp. And forget about indicators.. Use only a clean chart without any indicators... and draw support an resistance levels... I know you may not accept this and maybe reconsider it after losing a lot of money in one year... Seriously... Do not to scalp and not use indicators.. And concentrate in money management and support and resistance levels. To take my suggestion seriously right now can save you so much money that you will want to donate...
Where can i find more information about how to work with Support and resistance? I´ll like to try it.

Thank you for your attention.
  • #81,329
  • Mar 30, 2009 3:09pm Mar 30, 2009 3:09pm
Quoting Rednose
Where can i find more information about how to work with Support and resistance? I´ll like to try it.

Thank you for your attention.

I'm sure in this forum there are threads for that. I suggest you the james16 thread. http://www.forexfactory.com/showthread.php?t=2331

also try google . google knows everything.. http://www.google.es/search?q=suppor...ient=firefox-a
  • #81,330
  • Mar 30, 2009 3:12pm Mar 30, 2009 3:12pm
Quoting Rednose
Where can i find more information about how to work with Support and resistance? I´ll like to try it.

Thank you for your attention.
you'd also ought to have a look at www.babypips.com.


Hi emda. How's barna ? coldish?¿
  • #81,331
  • Mar 30, 2009 3:16pm Mar 30, 2009 3:16pm
Quoting jackdan
you'd also ought to have a look at www.babypips.com.


Hi emda. How's barna ? coldish?¿
yes... gray day raining and cold...

you see? went to 1.3150
  • #81,332
  • Mar 30, 2009 3:17pm Mar 30, 2009 3:17pm
Quoting currencyexch
I ask as my analysis was that the Euro would go up however given everyones view that it was bearish I set a sell for 1.3160 when it was at 1.3140 and no sooner done it goes north 35 pips
...WOW! I hope you didn't pay for that advice!
Next time... Take Your own Advice. It's Free. { or, at least call me...}

Most of the posts I have read over this Entire Site that explaine Why they lost Funds are Rooted in "Someone Told Me"

{let's give the entire J16 boys AND a number of others, an automatic By into the finals...}

Do you think Cobra, AK, Jay or Driver... Alter their Positions because of what I, or one of the others, may say?
Not A Friggin Chance.
Will they analyze my veiw? Perhaps. Will they Act on them? ONLY IF THEY BELIEVE.
But That's the best I can hope they do.

{understand the difference between
"A Trader"
&
"I Trade"}

If ANYONE is suggesting you follow them blindly, I would suggest you get as much of Your Money as you can back under Your Control as fast as you can.
THEN:
Stand up & announce yourself. You will find both agreement and the other BUT, at least, it will be directed to YOU.

{sorry guys: that's a Very Short List. but you know who you are. if not, ask me to post a full list of who I read & I will gladly do so.
btw. you wont find iton my 'buddy list'}
  • #81,333
  • Mar 30, 2009 3:25pm Mar 30, 2009 3:25pm
Quoting emda
I'm sure in this forum there are threads for that. I suggest you the james16 thread. http://www.forexfactory.com/showthread.php?t=2331

also try google . google knows everything.. http://www.google.es/search?q=suppor...ient=firefox-a
Very usefull information there! Just what I needed before loosing my money.
I believe I should go back to demo and start learning from the begining instead trying to make fast money and getting frustated.

Again, Thank you very much for your attention.

I´ll like to let you know how I´m doing during my journey if you allow me to.http://www.forexfactory.com/images/icons/icon7.gif
  • #81,334
  • Mar 30, 2009 3:27pm Mar 30, 2009 3:27pm
Quoting emda

you see? went to 1.3150

yeah, let me for that... i made a few pips today. good trading day, more for beeing monday, as you know i don't like....
  • #81,335
  • Mar 30, 2009 3:31pm Mar 30, 2009 3:31pm
Quoting gatorinla
3114 area should be a bump.. depending on bias.. something to consider..
went long 1/4 position and made 60 pips.. got out to early...3175 tp

i may have already lost my entry.
trying to re-enter between 3237 up to 3260 but it may not get to 3254... sl 3290 to 3310... depends on you scalpers could use above 54 as sl.. longs could use sl as entries.. imfuo
those who can, do. those who cant, talk about those who can
  • #81,336
  • Mar 30, 2009 3:40pm Mar 30, 2009 3:40pm
Quoting Rednose
Very usefull information there! Just what I needed before loosing my money.
I believe I should go back to demo and start learning from the begining instead trying to make fast money and getting frustated.

Again, Thank you very much for your attention.

I´ll like to let you know how I´m doing during my journey if you allow me to.http://www.forexfactory.com/images/icons/icon7.gif
congratulations.
  • #81,337
  • Mar 30, 2009 3:51pm Mar 30, 2009 3:51pm
1.3175 today now we go long to 1.3800 and then we go short
{Promotion Removed}
  • #81,338
  • Mar 30, 2009 3:53pm Mar 30, 2009 3:53pm
breke was e/u 1,318x

Perhaps now long time
  • #81,339
  • Mar 30, 2009 3:55pm Mar 30, 2009 3:55pm
Quoting jcalberto
1.3175 today now we go long to 1.3800 and then we go short
1,38 Very above but ago 1,33 Perhaps, later 1,38
  • #81,340
  • Mar 30, 2009 3:57pm Mar 30, 2009 3:57pm
Hi everyone,

Had a great week last week something like 130pips plus, which is so far the best I had. Couldn't participate on the drop yesterday, as to busy with my job. This week I most probably won't manage to trade at all, but it will be interesting. I am somewhat biased that the Eur will continue further down.

Anyway I had a great week last week and will take it easy this one.

Good trading to all of you!
Trade on your own risk Plan your trade&trade your plan dont be a
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