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EURUSD

  • #102,041
  • May 28, 2009 6:18am May 28, 2009 6:18am
no short no long...seems it want to break 3900...
but there is not enough fuel to flying ....except the news can make it up
- Always pray on your trading - God know the best for everyone
  • #102,042
  • May 28, 2009 6:27am May 28, 2009 6:27am
Quoting notch
It is longer time trade and I waiting for the price to plummet to between 3750-3650.

Manna! Thanks, message received load and clear. I just waiting to feed from your carcass!

Ok fair enough...

check out my anti money management system 23/-60 system...

yes you heard me right... odds is 1.40... But hey its working like H#¤#%
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  • #102,043
  • May 28, 2009 6:28am May 28, 2009 6:28am
Quoting Larseg
Ok fair enough...

check out my anti money management system 23/-60 system...

yes you heard me right... odds is 1.40... But hey its working like H#¤#%

bada boom! Keep filling the shed!


*more for me*
  • #102,044
  • May 28, 2009 6:29am May 28, 2009 6:29am
Quoting notch
I expect them to smite my enemies with bull-trap lightening so that I may feed from the pip carcusses of the fallen some of which are brave, foolish or noob.
Well that was unexpected. You weren't one of those purdy little Catholic altar boys by any chance?
Nothing worth having is easy.
  • #102,045
  • May 28, 2009 6:32am May 28, 2009 6:32am
Quoting Patience
Well that was unexpected. You weren't one of those purdy little Catholic altar boys by any chance?

Nah! I rebelled!
  • #102,046
  • Edited 6:48am May 28, 2009 6:41am | Edited 6:48am
Quoting notch
Nah! I rebelled!

Okay. My positions are sliding in to profit across the board (except for EURUSD). I love...yes I love FX carcass!

It's amazing how quiet it is when you're chasing ya butt...
  • #102,047
  • May 28, 2009 6:53am May 28, 2009 6:53am
Quoting gurangax
I use MACD and RSI. Never open trade at trendlines and pivots.
thanks for replying but what time frame do u trade on?
  • #102,048
  • May 28, 2009 6:54am May 28, 2009 6:54am
Quoting The Fool
Danke, Jasper. Question for you though: do you really believe price levels from 5 months ago exert some power in the mass psychology of trading? My reference bible on TA is JJ Murphy's "Technical Analysis of the Financial Markets" in which somewhere he says and I paraphrase: support & resistance levels are more valid for more recent prices. I am always amazed when I draw a horizontal or diagonal trendline on my chart and the price goes to the line and bounces. But I don't usually look at prices any further back than a week or so...
I have sent you a PM. I am going out now for the rest of the day. Will post Chart on Forum to-morrow. Took a bit of a risk here, to try and explain the relationships between the bars, am hoping it will work OK. It's only my test account, and not too much money at stake.
Good Trading. (keep it simple).
  • #102,049
  • May 28, 2009 6:56am May 28, 2009 6:56am
Guys, is it ever possible to be long-term profitable with micro-account? I'm in a dilema of how to calculate the S/L: If it is too short - it gets hit all the time. If it gets longer - I risk too much money and a few negative trades may blow up may account.
If your coffee smiles at you - smile it back
  • #102,050
  • May 28, 2009 6:58am May 28, 2009 6:58am
Quoting dexoster
Guys, is it ever possible to be long-term profitable with micro-account? I'm in a dilema of how to calculate the S/L: If it is too short - it gets hit all the time. If it gets longer - I risk too much money and a few negative trades may blow up may account.
What I need is to get +50 pips per day which will be enough to accomplish my goals, but that seems not an easy task at all
If your coffee smiles at you - smile it back
  • #102,051
  • May 28, 2009 7:12am May 28, 2009 7:12am
Quoting webglobe
thanks for replying but what time frame do u trade on?
1m - 4h. Usually i trade on 1m-1h timeframe
Gambling with PA
  • #102,052
  • May 28, 2009 7:13am May 28, 2009 7:13am
Quoting dexoster
What I need is to get +50 pips per day which will be enough to accomplish my goals, but that seems not an easy task at all
Two thoughts:
1) If a few trades blow your account you are undercapitalized.

2) 50 pips a day on a one lot - is roughly 1000 pips a month. Given your capitalization and concerns - that seems too aggresive.

Anyone here would tell you this is a slow process of learning. Start simple, first focus on breaking even every week. Then booking profits. Keep your big goals but take them in logical increments.
  • #102,053
  • May 28, 2009 7:17am May 28, 2009 7:17am
Adding to my longs 3855
  • #102,054
  • May 28, 2009 7:18am May 28, 2009 7:18am
Quoting gurangax
1m - 4h. Usually i trade on 1m-1h timeframe
one ore last thing and thanx so far, what rae the settings of ur MACD and RSI.........?
  • #102,055
  • May 28, 2009 7:18am May 28, 2009 7:18am
here is usdx chart

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gartley patterns

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  • #102,056
  • May 28, 2009 7:28am May 28, 2009 7:28am
Quoting webglobe
one ore last thing and thanx so far, what rae the settings of ur MACD and RSI.........?
no settings i just use the original mt4 settings. good luck
Gambling with PA
  • #102,057
  • May 28, 2009 7:28am May 28, 2009 7:28am
Quoting errich fx
here is usdx chart

Attachment

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gartley patterns

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According to this chart, where is the price expected to go.
  • #102,058
  • May 28, 2009 7:32am May 28, 2009 7:32am
any one have a clue on which price is going to boost?
THE CREATOR AND OWNER OF S.N.M "Serve no Master" Trading Stystem
  • #102,059
  • May 28, 2009 7:34am May 28, 2009 7:34am
Quoting negro wolf
any one have a clue on which price is going to boost?
You're sure a fast test taker!

Seriously, if we knew, we'd just be asking them to mail us checks instead of sitting in front of the monitor hour on end.
Up or down, gimme a ticket
  • #102,060
  • May 28, 2009 7:36am May 28, 2009 7:36am
Good US news should start finish the rest of the move down , initial up & then dow whatever format it follows .
waiting ..
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
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Yaruki