EURUSD | Page 4760 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #95,181
  • May 12, 2009 3:17pm May 12, 2009 3:17pm
daily is showing an upside W or right side up M. my thoughts:::down we go to 2695. If this hits. I will start my own automatic trading software...lol
  • #95,182
  • Edited 3:23pm May 12, 2009 3:22pm | Edited 3:23pm
Obana better than W.Buffett !

http://www.bloomberg.com/apps/news?p..._ug&refer=home

and i am not being sarcastic or brainwashed from media this time, i should begin listening more to this Obana guy from now on.
  • #95,183
  • May 12, 2009 3:28pm May 12, 2009 3:28pm
Quoting Chicky
Nursing semi on shorting AUD.
Hi Chicky,

Where are you aiming on the AUD? I got stuck behind the 8ball on that one since yesterday....

Thanks
"If The Fool persists in his Folly he will become wise." - William Blake
  • #95,184
  • May 12, 2009 3:40pm May 12, 2009 3:40pm
E/U kinda overbought now.....i am expecting it to go down....still tracking for a safe entry to enter
  • #95,185
  • May 12, 2009 3:40pm May 12, 2009 3:40pm
Here is an interesting comparison of how I traded in first year of trading and how I trade today:

Time frame: From 15m TO Daily
Number of trades in a day: From about 200 TO less than 1 trade a day (not including nominal testing trades)
Risk on capital: 1-30% TO 0.1-3%
Reaction to a losing trade: From adding more TO waiting or adding as planned
Entries: From opening a full position TO opening gradual entries, normally 10 to 20
Planning: From unplanned entries and exits TO not even think of taking a trade without a plan and risk calculation
Risk reward ratio: from less than 1:1 TO initial minimum 1:5 that may go to 1:1 or even below depending upon situation
Loss recovery method: from trying to recover in very next trade TO not even think about recovery. Forget the loss and its amount. Look for another opportunity.
Profit expectation: from 5% a trading day TO not even thinking about a pre-determined profit %.
Trading pair: from USD/JPY TO any pair that presents probable opportunity
Trend: from "Trend is a Friend" is bs TO "Trend is a Friend" is absolute bs.
The Thief of Wall Street
  • #95,186
  • May 12, 2009 3:41pm May 12, 2009 3:41pm
Quoting samiru
... how did i come up with this numbers but i assure you that the big boys said so or rather my systen which is 95.67% right all the time.

pls enjoy the pips until i come around again.
Alrighty then...

But I'd be more interested in knowing how you arrived at a consistent accuracy figure of 95.67%. Methinks 2 decimal places is an unusual way to rate a systems performance by... just curious.

And do you think we'll all have to wait very long before you come around again? I'd hate to miss that.
FUBAR...
  • #95,187
  • May 12, 2009 4:05pm May 12, 2009 4:05pm
Quoting samiru
their is still a lot on the table and want to see if i can still be of help,now when the trend was esterblished its or rather big resting point was also created and thats 1.4430....let it ride to my predetermined target of 1.4330.

if you are a day trader and have an open buy position your next TP should be at 1.3758, could be more but wont take long from that position for a correction to happen.
My analysis is very similar with slightly different TP points:

1st TP @ ~4070
2nd TP @ ~4280
Remainder rides as high as she will go with SL over BE

I see the big fight very near the 4280 zone with lots of consolidation here before finally pushing up to the TL support drawn from Sep 08 high to Dec 08 high...

...However I'm not sure if this scenario will play out anytime this week with the news that's coming out, if it doesn't play out this week look for pull back opportunity EARLY next week.

http://www.forexfactory.com/showpost...ostcount=95159
  • #95,188
  • May 12, 2009 4:07pm May 12, 2009 4:07pm
Is it just me or is the daily chart showing us a huge W in the making?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD Daily W.JPG Size: 795 KB
Doh! I didn't mean to do that.
  • #95,189
  • May 12, 2009 4:09pm May 12, 2009 4:09pm
Quoting ak4x
Alrighty then...

But I'd be more interested in knowing how you arrived at a consistent accuracy figure of 95.67%. Methinks 2 decimal places is an unusual way to rate a systems performance by... just curious.

And do you think we'll all have to wait very long before you come around again? I'd hate to miss that.
I suggest you open a demo and say thanks even if you cant spend the cash.
  • #95,190
  • May 12, 2009 4:10pm May 12, 2009 4:10pm
Quoting Chicky
Here is an interesting comparison of how I traded in first year of trading and how I trade today:

Time frame: From 15m TO Daily
Number of trades in a day: From about 200 TO less than 1 trade a day (not including nominal testing trades)
Risk on capital: 1-30% TO 0.1-3%
Reaction to a losing trade: From adding more TO waiting or adding as planned
Entries: From opening a full position TO opening gradual entries, normally 10 to 20
Planning: From unplanned entries and exits TO not even think of taking a trade...

I see I got a lot to learn..Iīm trading just like you did in the past...I hope someday I can trade like you are doing now.
  • #95,191
  • May 12, 2009 4:14pm May 12, 2009 4:14pm
Quoting Chicky
Here is an interesting comparison of how I traded in first year of trading and how I trade today:

Time frame: From 15m TO Daily
Number of trades in a day: From about 200 TO less than 1 trade a day (not including nominal testing trades)
Risk on capital: 1-30% TO 0.1-3%
Reaction to a losing trade: From adding more TO waiting or adding as planned
Entries: From opening a full position TO opening gradual entries, normally 10 to 20
Planning: From unplanned entries and exits TO not even think of taking a trade...

From making on average .02% a day to -1%!
  • #95,192
  • May 12, 2009 4:17pm May 12, 2009 4:17pm
Quoting samiru
I suggest you open a demo and say thanks even if you cant spend the cash.

Look, if you want to publicize your "system" open a thread and do it there.

Coming here and start waving a 95.67% (or whatever % should that be for this matter) is of course putting a label directly on your face, and hence subject to coments.

And you finish it off with that "nice" coment to ak.

I hope you have success, for long time to come.
Traders are smartasses
  • #95,193
  • Edited 4:21pm May 12, 2009 4:19pm | Edited 4:21pm
Quoting Rednose
I see I got a lot to learn..Iīm trading just like you did in the past...I hope someday I can trade like you are doing now.
This is just my experience that I felt sharing with others. You give same direction (up or down) to play with to two traders, it is very likely that their results would vary. Because, it is not the market but the trader who makes the difference. There are many debatable points in my post above, especially the trend thing. But this is what works for me and goes with how my brain works. This is my road, please make your own road that suits your brain.
The Thief of Wall Street
  • #95,194
  • May 12, 2009 4:23pm May 12, 2009 4:23pm
Quoting Spsantos
Look, if you want to publicize your "system" open a thread and do it there.

Coming here and start waving a 95.67% (or whatever % should that be for this matter) is of course putting a label directly on your face, and hence subject to coments.

And you finish it off with that "nice" coment to ak.

I hope you have success, for long time to come.
I didn't know there was a specific 'terms of reference' for this site other than >>> EURUSD. If you have a copy maybe you could post it.
  • #95,195
  • May 12, 2009 4:28pm May 12, 2009 4:28pm
Quoting notch
From making on average .02% a day to -1%!
Very much possible, however, not day to day. This is my experience. Kindly note that everyone of us is unique like everyone else.
The Thief of Wall Street
  • #95,196
  • May 12, 2009 4:30pm May 12, 2009 4:30pm
Quoting gatorinla
ive been waiting for gu to get to 5281 before getting comfortable with eu long..its there now with bull sediment.. now lets see if equitys cooperate this morning.

gu punched through 5281 then reversed earlier. but did not close above 5281 1d.. s&p are heavy but may not pulling back much. i kinda wish s&p would hit 875.85 and bounce.. all depends on equitys..if they head north. eu could be a rocket. gu charts are cleaner to me so a lot of this is based on gu.....chf apears to want to go down but stuck in 100 pip range 4 days.. gonna try to keep the green sheep and get rid of the red ones... the big bad wolf will eat bears and bulls.. im not gonna commit much coin until this move resumes or fails..

wear a rubber this may get rougher before better..
those who can, do. those who cant, talk about those who can
  • #95,197
  • May 12, 2009 4:31pm May 12, 2009 4:31pm
Quoting Chicky
This is just my experience that I felt sharing with others. You give same direction (up or down) to play with to two traders, it is very likely that their results would vary. Because, it is not the market but the trader who makes the difference. There are many debatable points in my post above, especially the trend thing. But this is what works for me and goes with how my brain works. This is my road, please make your own road that suits your brain.
I agree with you, thereīs no one fits all system, Iīm doing my best to learn and recognize my kind of trader "personality"...Iīm sure Iīll achieve my goals. I didnīt mean to make fun of what you wrote. I just identified myself with how you described your past trading style. Thatīs all.
  • #95,198
  • May 12, 2009 4:33pm May 12, 2009 4:33pm
Quoting Chicky
Very much possible, however, not day to day. This is my experience. Kindly note that everyone of us is unique like everyone else.
Chicken, I'm honestly just breaking your balls! Nothing more.
  • #95,199
  • May 12, 2009 4:38pm May 12, 2009 4:38pm
Wow, just got my internet connection back since early this afternoon, at least for the moment until the damn thing goes down again. Looks like I missed a wild ride this afternoon so maybe it was a lucky thing I couldn't trade the moves. Market looks to be undecided and this can go either way tomorrow.
the 4hr candlestick chart probably has some hidden meaning for candlestick experts, but what I'm seeing in the 60 min chart leads me to believe the market is still strong.
  • #95,200
  • May 12, 2009 4:39pm May 12, 2009 4:39pm
Quoting samiru
I suggest you open a demo and say thanks even if you cant spend the cash.
yeah AK4x you should open a demo.. and i suggest baby pips. *L*...
those who can, do. those who cant, talk about those who can
3,346 traders viewing now