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EURUSD

  • #82,961
  • Apr 2, 2009 8:47pm Apr 2, 2009 8:47pm
U.S treasury secretary once said ' the dollar is our currency but your problem' when speaking to eu finance ministers in the 70s.
  • #82,962
  • Apr 2, 2009 8:51pm Apr 2, 2009 8:51pm
And who still doesn't believe that extremes touch each other!?
Traders are smartasses
  • #82,963
  • Apr 2, 2009 8:59pm Apr 2, 2009 8:59pm
Quoting Spsantos
And who still doesn't believe that extremes touch each other!?
If my two extremes could, I'd never leave home.
Not all sins are created equal
  • #82,964
  • Apr 2, 2009 9:00pm Apr 2, 2009 9:00pm
Quoting Turveyd
I just HATE the entire predicting the future as far as Forex is concerned, pat yourself on the back when you get it right by coincidence and ignore the times its wrong, people put far too much emphasis on these predictions and Fib Lines and all the rest of the crap thats been IMHO badly taught to the masses to take there money, why do you think 98% lose.

Market is a 50/50 game kinda, there is some wiggle room, crossing a freeway in rush hour opens up a whole new set of variables, if I can pick my time to run over i can maybe get my odds of death...
I cant believe this!! Now this one got me totally STUMPED. AND

he was actually ok in making some of his scalping calls (albeit high risk) guided by his Mas with a very low APPT and he was quite right in crossing the freeway in rush hour. And you know what, he did a complete UTURN on all the rests. Amazing indeed.....

If he actually believe he is the only profitable trader(read.. scalper)in this thread with a APPT of minimum 0f 2:1, I will blindly follow all his trading calls
without hesitation even I am a allround trader if whatever chance present itself.

While it is very true that Fib is useless or ineffective if ones does not know how to use it DOESNT mean that the Fib is such when asserted and swore by one who does not know how to use it.
I myself swore by it that it is one of the most important forex tools to read all market conditions including entry/exit/stoploss/projections/trend change/range/support and resistant and everthings...... Of course it has to be use with other tools so that its effectiveness will be fully exploited.

Here is a classic example of the onion analogy not believing that there is a core and many layers on top of it..

While AK may be giving solid food to a man who is actually dying of thirst indicate sincerity in trying to save that man. I have no doubt that one day he will learn of the need to provide liquid first. BUT his sincerity should never be questioned becos no man is ever wrong or right all the times.

LOL, it has to be me again. Happy trading and dont forget happy scalping too if you have a strong heart and a hugh level of capitalisations assuming you are scalping with standard lots.
  • #82,965
  • Apr 2, 2009 9:00pm Apr 2, 2009 9:00pm
You newer guys are in for a treat, just don't expect much...

Quoting cesarnc
I think "1,40 sooner that you expected"*

Where's soros_jr, by the way?

*For the newbies in the forum a crazy forex call followed by "sooner than you expected" is one of the most historical lousy calls ever made around here. It's not a trade advice whatsoever
Quoting ak4x
Here's a runner up for 2nd place... oil to 200 and eu back to 1.60... all in the middle of Sept (08)... Oooops.

http://www.forexfactory.com/showpost...ostcount=32948
From Sept 22, 2008...
Quoting soros_junior
you're totally wrong my friend... USD is in deep trouble! Oil price is rising back towards USD200 per barrel!
EU is going back towards 1.6000... anybody selling will confirm losing! buy buy buy EU... 1.6000 here we comes!!! yeee haaaaaaaaaa
NOT!!!
FUBAR...
  • #82,966
  • Apr 2, 2009 9:00pm Apr 2, 2009 9:00pm
Not much action at the moment because of upcoming NFP.

But I want some action so I just bought gold for $905.55 per troy ounce.
See were that leads to. Its actually more gambling than trading but I made money with it in the past.

And I used both my "instinct" and my "good feel" indicators.

So I can't go wrong here.

No s/l, no target yet
New voice message: Why are you calling me? If I need you, I'll call you!
  • #82,967
  • Apr 2, 2009 9:14pm Apr 2, 2009 9:14pm
he is gone..
  • #82,968
  • Apr 2, 2009 9:16pm Apr 2, 2009 9:16pm
Quoting trading801
he is gone..
no shit.. a tranny? puffttt i feel like eddie murphy
those who can, do. those who cant, talk about those who can
  • #82,969
  • Apr 2, 2009 9:23pm Apr 2, 2009 9:23pm
Do you process have done? long or short?

I am curious. do not tell anyone.
  • #82,970
  • Apr 2, 2009 9:39pm Apr 2, 2009 9:39pm
Quoting acumen
The .20 level bounced earlier during the day so I thought it would provide some support. (It's also a psych level)

I'm only looking for 20 PIPS on the first lot and then a draw the second lot to break even.

Additionally... a lot of you turd cutters started yelling sell which is a good buy signal.

I took 20 off the table and moved my stop up so the worst I can do is +30 on the trade.
Mike,

I've attached a scalping technique using 20/30 EMA as one of the indicators.

Have a look and gve me your thoughts. I'm curious. Our techniques appear vey similar.
Attached File(s)
File Type: pdf Trading setup for scalping 10 pips per trade.pdf   97 KB | 2,031 downloads
  • #82,971
  • Apr 2, 2009 10:06pm Apr 2, 2009 10:06pm
Just watching a little sean hannity.
Sorry I have to throw up now.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #82,972
  • Apr 2, 2009 10:14pm Apr 2, 2009 10:14pm
Quoting KillerWhale
Just watching a little sean hannity.
Sorry I have to throw up now.
You're a glutton for punishment?
Not all sins are created equal
  • #82,973
  • Apr 2, 2009 10:17pm Apr 2, 2009 10:17pm
My pivot had been hit 1.3406
Trade on your own risk Plan your trade&trade your plan dont be a
  • #82,974
  • Apr 2, 2009 10:21pm Apr 2, 2009 10:21pm
Quoting Jay Walker
You're a glutton for punishment?
I feel so sorry for this guy.
I has cost him a life time of energy trying to get people against Obama being president,
HE FAILED
Now its costing him another life time of energy to get us all against Obama,
HE WILL FAIL AGAIN
I just wonder how many life time failures you can have in one life.
And I actually don't feel sorry for him, I feel sorry for his wife and his children.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #82,975
  • Apr 2, 2009 10:26pm Apr 2, 2009 10:26pm
Quoting KillerWhale
I feel so sorry for this guy.
I has cost him a life time of energy trying to get people against Obama being president,
HE FAILED
Now its costing him another life time of energy to get us all against Obama,
HE WILL FAIL AGAIN
I just wonder how many life time failures you can have in one life.
And I actually don't feel sorry for him, I feel sorry for his wife and his children.
And yes I would like to see that all hard working Americans have affordable health insurance.
Is that asked too much?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #82,976
  • Apr 2, 2009 10:27pm Apr 2, 2009 10:27pm
Quoting KillerWhale
Oanda does not close the "worst" position this way, it will close positions in order of when they were opened.
Quoting g5ricky
got it! thanks for the idea I'll try to implement it into my strategy.
Good morning everyone. Just saw these posts from last night^


Shamu - Thanks for pointing this out.

So for g5ricky, in the case where your best position wasn't the last one you entered, you'd have to manually close the losing positions then do a "buy" order for part of the remaining (positive) position.
  • #82,977
  • Edited 10:28pm Apr 2, 2009 10:27pm | Edited 10:28pm
Quoting KillerWhale
I feel so sorry for this guy.
I has cost him a life time of energy trying to get people against Obama being president,
HE FAILED
Now its costing him another life time of energy to get us all against Obama,
HE WILL FAIL AGAIN
I just wonder how many life time failures you can have in one life.
And I actually don't feel sorry for him, I feel sorry for his wife and his children.
I feel sorry for the hungry, the sick, the deprived and the abused.

I don't feel sorry one bit for that scumbag.

Edit: My apologies to bags filled with scum for comparing you to Hannity.
Not all sins are created equal
  • #82,978
  • Apr 2, 2009 10:41pm Apr 2, 2009 10:41pm
Quoting Jay Walker
I feel sorry for the hungry, the sick, the deprived and the abused.

I don't feel sorry one bit for that scumbag.

Edit: My apologies to bags filled with scum for comparing you to Hannity.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #82,979
  • Apr 2, 2009 10:48pm Apr 2, 2009 10:48pm
Quoting gatorinla
gu also has hpi 6hrs before nfp.. may be a short then a long? im already short 4750
trying a long with caution.. hit my earlier short tp for +65.. trying 4750tp entry 4692
those who can, do. those who cant, talk about those who can
  • #82,980
  • Apr 2, 2009 10:56pm Apr 2, 2009 10:56pm
Quoting gatorinla
trying a long with caution.. hit my earlier short tp for +65.. trying 4750tp entry 4692
http://i42.tinypic.com/2whe1zs.jpg
Not all sins are created equal
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