Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

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

Quoting dbfusion
Dow to 1000 !! ?
well the guys on CNBC have full right to mock on whomever say that

Dow is 8300

1k means economy collapse and wars all over the planet
maybe..we also had a war to end all wars 1914 1917...i also got redail on my phone. just in case i miss it the first time.
those who can, do. those who cant, talk about those who can
Quoting notch
It's my best day this week so far and I have made many pips mostly due to scalping. Unfortunately, I'll never be a 100% a day trader but I will be over 70% with a risk/return of 2-3. That will do for me.

I'm still short, imho this is a corrective 'wave b' and the next wave should be down.

hi brother happy to see this day is your day

can you show me the chart please i want to see Wave b ? thanx
Never sell @ lower upward channel unless breacked and vise versa .
Quoting gatorinla
slap that program on ej and see what you missed...
argh only 550 pips i got to start small when analyzing a different system.

this complex balance indicator looks pretty interesting and promising

http://www.forex-tsd.com/metatrader-...indicator.html

http://articles.mql4.com/_ready/484

similar to heat map top gun software

found this on forexcycles
http://blog.forexcycle.com/249/how-t...-market-cycle/
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpy051409-1.gif Size: 45 KB
Click to Enlarge Name: eurjpy051409-2.gif Size: 38 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
Quoting dbfusion
Good Job notch !
but don't give back what you earned today.

I didn't do trading today and still doesn't seem i will

yesterday was my good day
Thanks DB. Regarding the Dow to 1K thing; i think the conditions are almost in place for that to occur. The intertemporal budget constraint and mother nature are the best equalisers!
Update on the ongoing shampoo (or not) that I've been watching develop (or not) on the 3hr. I'm actually watching this on several different TF's and chart styles, but for now this seems to consolidate most of the PA in the most concise way.

Anywhere in the red circle would be an ideal top for a clean right shoulder, as long as subsequent PA confirms the pattern and doesn't violate it, which can happen. Price also needs to break a neckline at some point to confirm the reversal, or the whole mess can simply morph into a channel at a higher level than expected which then open up sentiment for more bullish action.

Targets for this scenario are down in the lower 30/31's, with the higher edge a'rd 3250/80, but PA will ultimately decide that. I'll fine tune the TF and chart style if I feel this is firming up at some point.

The early drop thru the 3580 support to S1 was actually a litle surprising, and shook my hope that we'd get a good right shoulder... If the bulls weaken prematurely as the weekend looms, then I'll take what I can get for a dropoff point.

A lower right shoulder on a longer TF like this usually works just as well to indicate failing bulls... unless they're keeping their powder dry for the next weeks open.... always a thing to watch for and that's called Risk. You can't avoid it, but you can manage it.

My current target on my 358x long is in that red circle at 3654, just a hair over the 114% extension. It allows for a few pips overshoot of the xx50 psych level w/o running as much chance of missing TP by a few pips trying to hold out for the M3/3660 level.

That's my story and I'm sticking to it... I have a limit sell in for the anticipated ride down alittle higher than my TP as I'll be in and out a lot today. Trade careful...

PS ADD: I forgot... the curent stall at the 21sma (white blob) is creating a little concern for the longs. I'd really like to see it break the DP even it can't hold above it for any time
Attached Image
FUBAR...
Quoting notch
I'm still short (again) 'cause I can't see anything that suggests a different view at the moment.
How about equitiy futures (SPX, DJEU50, GOLD & at a certain degree OIL)?... Would that make you reconsider?

I am asking because I highly value your opinion and I have a +30 pips long position open that I am hesitant about. Normally when I am in situation like this I close the position and don't care what next.
Quoting eaglestar
argh only 550 pips i got to start small when analyzing a different system.

this complex balance indicator looks pretty interesting and promising

http://www.forex-tsd.com/metatrader-...indicator.html

http://articles.mql4.com/_ready/484

similar to heat map top gun software

found this on forexcycles
http://blog.forexcycle.com/249/how-t...-market-cycle/
if you want to trade ej slap it on s&p and use it to comfirm your ej entries exits..
those who can, do. those who cant, talk about those who can
Quoting WedWed
hi brother happy to see this day is your day

can you show me the chart please i want to see Wave b ? thanx


My wave count is Wave 0 - 1: 1.35311 - 1.35729
wave 1 - 2 : 1.35729 - 1.35532

wave 2-3: 1.35532 - 1.36060

wave 3-4: 1.36060 - 1.35779

wave 4-5: 1.35779 - 1.36230

5-a 1.36230 - 1.35973

a -b 1.35973 - 1.36182

b-c 1.36182 - projection: 1.3578

It's on a 5 min chart so isn't as stable as a longer TF.
G'evening

U can keep Ur long but Be Aware coz we have another short till 1.3542 !

Good Luck & Have a nice Trading !

Quoting gatorinla
if you want to trade ej slap it on s&p and use it to comfirm your ej entries exits..
oh man you're so cool thanks for advice! i would like to be raking in 550 pips at the moment just been setting up this system on my charts to test it and see if it works anything that makes 30000 pips in one week i gotta try. for those who don't know what i am talking about search hefer in forexfactory
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
Quoting notch
It's my best day this week so far and I have made many pips mostly due to scalping. Unfortunately, I'll never be a 100% a day trader but I will be over 70% with a risk/return of 2-3. That will do for me.

I'm still short, imho this is a corrective 'wave b' and the next wave should be down.
Good going.
95% I'm intraday, except when I see an opportunity to build a long term position.
Quoting gatorinla
i been shorting each spike in ej for 2 days...up 6% since role over.. dont take too much into what i posted... just yet... reality is setting in the market, its fragile.. i said tiny bit north ..
Thanks for advice but i take my decision based on only my view and i see much move to north.When this 1H close maybe add let's see when will it close
Good luck all
Quoting notch
Thanks DB. Regarding the Dow to 1K thing; i think the conditions are almost in place for that to occur. The intertemporal budget constraint and mother nature are the best equalisers!
I don't want to be pessimistic .

US produces 20% of the world's GDP
and euro zone 25%

rest of the planet are followers !

Russia 2% lol

that gives you example of what might happen.

like it or not US is a great country , and I like it.
and i believe all planet is dependent on US as well as US is dependent on this planet " it consumes 20% of this planet resources- a lot but explainable"

imagine the middle east , they will be drinking Oil instead of coffee
or Russia sniffing its gas.
revolutions all around the world .
no more intel and amd
etc....

Obama and his team gotta fix up the situation !
I SEE YOU !!
Quoting Hasnaa
G'evening

U can keep Ur long but Be Aware coz we have another short till 1.3542 !

Good Luck & Have a nice Trading !

can u put ur charts plz
Successful people will do what unsuccessful people won’t or can’t do!
My rule is on fire.
M30 closing above 1.3611 might say troubles, but I am holding in other chart.

You people must understand my guidelines and how I trade, I do not said anyone to short for any current levels.

I am a Long Term trader, with few % account, I can hold trades for -500 pips, and I scalp some more % sometimes.

Calls for 10 pips, I can give those very often, but I know that then some can do some crazy things like MM over 30 or 50% and I do not want that!!
Quoting notch
It's my best day this week so far and I have made many pips mostly due to scalping. Unfortunately, I'll never be a 100% a day trader but I will be over 70% with a risk/return of 2-3. That will do for me.

I'm still short, imho this is a corrective 'wave b' and the next wave should be down.

... and i need inspiration today. my system made me losses..
Quoting BoredToLoose
My rule is on fire.
M30 closing above 1.3611 might say troubles, but I am holding in other chart.

You people must understand my guidelines and how I trade, I do not said anyone to short for any current levels.

I am a Long Term trader, with few % account, I can hold trades for -500 pips, and I scalp some more % sometimes.

Calls for 10 pips, I can give those very often, but I know that then some can do some crazy things like MM over 30 or 50% and I do not want that!!
ok...we get it.....

serenity now ...
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
Below 1.3594 and i may consider a short as SL only 15 points away
Quoting dbfusion
I don't want to be pessimistic .

US produces 20% of the world's GDP
and euro zone 25%

rest of the planet are followers !

Russia 2% lol

that gives you example of what might happen.

like it or not US is a great country , and I like it.
and i believe all planet is dependent on US as well as US is dependent on this planet " it consumes 20% of this planet resources- a lot but explainable"

imagine the middle east , they will be drinking Oil instead of coffee
or Russia sniffing its gas.
revolutions all around the world .
no more intel...
Cycles are part of natural systems and delaying them just makes things worse. This problem is too big for any man, woman, child or beast. There has to be a correction, there has to be a contraction of biblical proportions to put this right.

I understand that it is now possible to buy houses in Detroit for $100...yep.

The EURUSD will become the reserve currecny of the world. We'll be all dead when the Fed' gets it credibility back.
Quoting ak4x
Update on the ongoing shampoo (or not) that I've been watching develop (or not) on the 3hr. I'm actually watching this on several different TF's and chart styles, but for now this seems to consolidate most of the PA in the most concise way.

Anywhere in the red circle would be an ideal top for a clean right shoulder, as long as subsequent PA confirms the pattern and doesn't violate it, which can happen. Price also needs to break a neckline at some point to confirm the reversal, or the whole mess can simply morph into a channel at a higher level...
i got good news and better news.. the good news maybe your right the bad news is might cost your 401k.for a little while, but then may improve.... but here is a little encouragement for the hs.. ihs on 1hr s&p
Attached Image (click to enlarge)
Click to Enlarge Name: s&p.gif Size: 55 KB
those who can, do. those who cant, talk about those who can
9 traders viewing now