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EURUSD

  • #94,501
  • May 10, 2009 7:00pm May 10, 2009 7:00pm
Quoting Jay Walker
Why?

No wonder you have to use so much duct tape to keep hat on head. ""

  • #94,502
  • Edited 7:31pm May 10, 2009 7:03pm | Edited 7:31pm
Notice an EVENING STAR Doji on 4 HR... is this a short term reversal????? All I need is a 23% retrace..


Or is this a spinning Top...think we will have a range period for many hours...
Markets are not Random, they are designed!
  • #94,503
  • May 10, 2009 7:34pm May 10, 2009 7:34pm
Quoting SunTrader
No wonder you have to use so much duct tape to keep hat on head. ""

I'm switching to Krazy Glue.
Not all sins are created equal
  • #94,504
  • May 10, 2009 7:38pm May 10, 2009 7:38pm
Again, the trend is my friend.
Here is my decision for the next EURUSD trade.

When MACD Histogram shows strength
after being below zero line or 1,3620
is reached go long...

SL--> 1,3517 (103)
TP--> 1,3847 (227)

How do you like my drawing?
Attached Image (click to enlarge)
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  • #94,505
  • May 10, 2009 7:56pm May 10, 2009 7:56pm
Quoting Larseg
Again, the trend is my friend.
Here is my decision for the next EURUSD trade.

When MACD Histogram shows strength
after being below zero line or 1,3620
is reached go long...

SL--> 1,3517 (103)
TP--> 1,3847 (227)

How do you like my drawing?
your going long up here? Good luck with that. Im short and will add if need be.
  • #94,506
  • May 10, 2009 8:01pm May 10, 2009 8:01pm
And your SL/TP is??
  • #94,507
  • May 10, 2009 8:08pm May 10, 2009 8:08pm
Quoting Larseg
And your SL/TP is??

I don't have that set at this time. Above 1.3734 would be where stops are. 1.3400 is what im looking for. However i always let the market tell me what to do. Price action will tell me when to get out.
  • #94,508
  • May 10, 2009 8:09pm May 10, 2009 8:09pm
hourly trending donwards
  • #94,509
  • May 10, 2009 8:14pm May 10, 2009 8:14pm
hello friends how many hours from now does europe open?

Thanks in advance
  • #94,510
  • May 10, 2009 8:18pm May 10, 2009 8:18pm
Quoting Pipster888
hello friends how many hours from now does europe open?

Thanks in advance
You may like to go to forexfactory's home page
http://www.forexfactory.com
Notice city names on the left (below May 10, 2009) click at London
The Thief of Wall Street
  • #94,511
  • May 10, 2009 8:30pm May 10, 2009 8:30pm
North break on 5 second chart.
The Thief of Wall Street
  • #94,512
  • May 10, 2009 8:33pm May 10, 2009 8:33pm
Quoting Chicky
North break on 5 second chart.
You pay attention to a five second chart? Are you serious?
  • #94,513
  • May 10, 2009 8:36pm May 10, 2009 8:36pm
Quoting Chicky
North break on 5 second chart.
You've got to be kidding man.

Everybody knows it's the 1 minute chart that's key. 5 seconds is just noise.
Not all sins are created equal
  • #94,514
  • May 10, 2009 8:36pm May 10, 2009 8:36pm
Quoting Coho
You pay attention to a five second chart? Are you serious?
Just to confirm monthly trend.

Yes I do. Keep an eye from monthly to 5 seconds. It's money my friend.
The Thief of Wall Street
  • #94,515
  • May 10, 2009 8:38pm May 10, 2009 8:38pm
Quoting Jay Walker
You've got to be kidding man.

Everybody knows it's the 1 minute chart that's key. 5 seconds is just noise.

1 minute chart is just noise as well. 1 hour or higher if you want to really get a sustained picture of direction.
  • #94,516
  • May 10, 2009 8:40pm May 10, 2009 8:40pm
Quoting Jay Walker
You've got to be kidding man.

Everybody knows it's the 1 minute chart that's key. 5 seconds is just noise.
My limited brain power doesn't allow me go that far (or near, whatever it is).
The Thief of Wall Street
  • #94,517
  • May 10, 2009 8:43pm May 10, 2009 8:43pm
now come on, I used to trade of the 1 second, but that was so noisy that I moved to the 10 second one. Much better music now

Quoting Jay Walker
You've got to be kidding man.

Everybody knows it's the 1 minute chart that's key. 5 seconds is just noise.
Its all in the mind.
  • #94,518
  • May 10, 2009 8:49pm May 10, 2009 8:49pm
Quoting Larseg
Again, the trend is my friend.
Here is my decision for the next EURUSD trade.

When MACD Histogram shows strength
after being below zero line or 1,3620
is reached go long...

SL--> 1,3517 (103)
TP--> 1,3847 (227)

How do you like my drawing?

Nice chart! I took that long too, i tend to prefer going with the trend also.

I tp'ed @ 1.3640 for quick 20 pips.

Oh and nice drawing! I'd just add a deeper retrace somewhere in the middle there
Traders are smartasses
  • #94,519
  • May 10, 2009 8:52pm May 10, 2009 8:52pm
Its all in the mind.
  • #94,520
  • May 10, 2009 8:57pm May 10, 2009 8:57pm
Chicky,

give him/her some time man...what is the rush to grow up so soon?

Quoting Chicky
Jay, you should listen to this.
Its all in the mind.
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