EURUSD | Page 5044 | 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

  • #100,861
  • May 26, 2009 10:42am May 26, 2009 10:42am
Quoting FXexpress
That wick is longer by 1 pip. Theory is it should bounce. But like everything in Forex, nothing works 100% of the time.

MK
In FX it actually works 50% of the time and I can prove that anyone wishing so.
  • #100,862
  • May 26, 2009 10:43am May 26, 2009 10:43am
This may be a mistake on my part, but I'm selling the market hard now, and I'm not looking for very large pips either. price could easily continue up another 20 pips.
  • #100,863
  • May 26, 2009 10:43am May 26, 2009 10:43am
Quoting notch
Well the Notch Cycle (ignore it if you like because it is proprietary) has slown down and is starting to decline.

The blackbox AI predicted H &L for the next 30 minutes is:

PH: 1.3994
PL: 1.3959

The previous values were (A good bearish indicator...maybe):

PH: 1.4006
PL: 1.3970


On the Market Profile front (non proprietary in fact I believe there is an FF thread somewhere) I see many sell orders at 1.39973 and buy orders at 1.39478.
Thanks for the confirmation , hope they work well too.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #100,864
  • May 26, 2009 10:43am May 26, 2009 10:43am
Quoting TheFisherman
In FX it actually works 50% of the time and I can prove that anyone wishing so.

I'm interested, please can you post more?
  • #100,865
  • May 26, 2009 10:44am May 26, 2009 10:44am
Quoting TheFisherman
In FX it actually works 50% of the time and I can prove that anyone wishing so.
Which backtesting software do you use?
  • #100,866
  • May 26, 2009 10:47am May 26, 2009 10:47am
Quoting Atlast
This may be a mistake on my part, but I'm selling the market hard now, and I'm not looking for very large pips either. price could easily continue up another 20 pips.
I'm doing the same. Filled the shed then get some sleep!
  • #100,867
  • May 26, 2009 10:49am May 26, 2009 10:49am
Quoting Atlast
This may be a mistake on my part, but I'm selling the market hard now, and I'm not looking for very large pips either. price could easily continue up another 20 pips.
just be carefull aleays leave enough equity for aa unexpected trends that way u can correct your trade if it goes against you remenber trade small but profit big.
  • #100,868
  • May 26, 2009 10:59am May 26, 2009 10:59am
Thanks. Got it covered in the event it goes pear shaped.
  • #100,869
  • May 26, 2009 11:02am May 26, 2009 11:02am
Hello everyone! My two favorite currencies to trade are the euro/usd and the eur/jpy. In fact, I just took two 100+ pip intra day trades today(phew!). One short on the retracement from the euro/usd's recent rise, and on short off the reject of the daily and 4 hourly trendline in eur/jpy.
I will be tracking my trades(and occasionally dropping some wisdom) on my blog. Please check it out @
http://gulzaarfx.blogspot.com
  • #100,870
  • May 26, 2009 11:02am May 26, 2009 11:02am
The 4 hour bar that started 2 minutes ago will tell us where we are going.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 05-26 4h.gif Size: 25 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #100,871
  • May 26, 2009 11:02am May 26, 2009 11:02am
hi every 1 im new here ...
  • #100,872
  • May 26, 2009 11:02am May 26, 2009 11:02am
Hourly predictions are showing reversal signs:
Next 60 mins
PH: 1.3999
PL: 1.3970



Previous
PH: 1.4018
PL: 1.3963
  • #100,873
  • May 26, 2009 11:06am May 26, 2009 11:06am
Quoting forex121
hi every 1 im new here ...
Welcome.
  • #100,874
  • May 26, 2009 11:07am May 26, 2009 11:07am
Have a double top on my renko 5pt chart

Short at 1.3986, high risk position, - have to see if it develops
  • #100,875
  • May 26, 2009 11:07am May 26, 2009 11:07am
Quoting forex121
hi every 1 im new here ...
You are most welcome here . hope we do share & learn together.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #100,876
  • May 26, 2009 11:10am May 26, 2009 11:10am
here we go upppp again!! eur/usd will most likely break the high
  • #100,877
  • May 26, 2009 11:10am May 26, 2009 11:10am
Quoting notch
I'm interested, please can you post more?
Rats, it actually does not work 50% it's less, it's less Just pulled out this charts out of a 15000 records database.

These is the distribution of your profit would you have shorted a 1hr candle with longer upper wick with close on the next hour/2hours/3hours/5hours candle. The graphs are your profit had you done this since may 2006.

[EDIT] What this charts show is that you would have successfully pulled out profits IF youdda gone long on a longer upper wick since a few months ago.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ex2.PNG Size: 23 KB
Click to Enlarge Name: ex1.PNG Size: 23 KB
Click to Enlarge Name: ex3.PNG Size: 21 KB
Click to Enlarge Name: ex4.PNG Size: 22 KB
Click to Enlarge Name: ex5.PNG Size: 22 KB
  • #100,878
  • May 26, 2009 11:10am May 26, 2009 11:10am
Quoting forex121
hi every 1 im new here ...
Hi forex121. Welcome.
  • #100,879
  • May 26, 2009 11:16am May 26, 2009 11:16am
Quoting TheFisherman
Rats, it actually does not work 50% it's less, it's less Just pulled out this charts out of a 15000 records database.

These is the distribution of your profit would you have shorted a 1hr candle with longer upper wick with close on the next hour/2hours/3hours/5hours candle. The graphs are your profit had you done this since may 2006.

[EDIT] What this charts show is that you would have successfully pulled out profits IF youdda gone long on a longer upper wick since a few months ago.
Thanks. Appreciate the work. Guess it's all about context then.
  • #100,880
  • May 26, 2009 11:20am May 26, 2009 11:20am
Daily charts: yesterday's closing. A shooting star
357 traders viewing now