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EURUSD

  • #102,901
  • May 29, 2009 10:38am May 29, 2009 10:38am
Quoting Petar_Serbia
My TP is 1.4094 what you think foks ?
it's hard for today, but usually during us session, about @19 gmt (im not sure about time conversion) a strike occurs. but it's friday. lets see.
  • #102,902
  • May 29, 2009 10:39am May 29, 2009 10:39am
I'm flat. I'll think I just settle for the small pips.
  • #102,903
  • May 29, 2009 10:40am May 29, 2009 10:40am
Woohoo my first 10 pips of the day! God I never felt so alive!

Just need another 100 or so to break even on my first big month of live forex trading.....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #102,904
  • May 29, 2009 10:45am May 29, 2009 10:45am
One thing that surprised me is that we got the move high today. There was almost no long sideways movement before that happened. I am reminded of a trade I did several years ago when the market got to this position at end of week and opened big down the following week l(netting me a tidy profit as well). I am wondering about holding this short over the weekend. Something I rarely do, any thoughts?
  • #102,905
  • May 29, 2009 10:45am May 29, 2009 10:45am
Quoting The Fool
Woohoo my first 10 pips of the day! God I never felt so alive!

Just need another 100 or so to break even on my first big month of live forex trading.....
I thought you were making 100s of pips!!!
  • #102,906
  • May 29, 2009 10:46am May 29, 2009 10:46am
Yesterday someone posted a link with a video about EUR/USD analysis. It was a guy speaking in broken english. Does anyone know which post it was on? It opened up in Window media for me so i cant tell which website it came from or who the speaker was.

Thanks.
  • #102,907
  • May 29, 2009 10:47am May 29, 2009 10:47am
Quoting Atlast
One thing that surprised me is that we got the move high today. There was almost no long sideways movement before that happened. I am reminded of a trade I did several years ago when the market got to this position at end of week and opened big down the following week l(netting me a tidy profit as well). I am wondering about holding this short over the weekend. Something I rarely do, any thoughts?

It depends if I'm allowed to refer to my forecasts.
  • #102,908
  • May 29, 2009 10:50am May 29, 2009 10:50am
Quoting notch
It depends if I'm allowed to refer to my forecasts.
please do. technicals tell me it can't go very far lower in the near term, but weekend has a nasty habit of springing surprises. It's just a memory that comes to mind when I dabbled in the Euro way back then.
  • #102,909
  • May 29, 2009 10:50am May 29, 2009 10:50am
Quoting BlueSky07
Yesterday someone posted a link with a video about EUR/USD analysis. It was a guy speaking in broken english. Does anyone know which post it was on? It opened up in Window media for me so i cant tell which website it came from or who the speaker was.

Thanks.
Yes i remenber that.. but dunno who posted it.

I have the video if want.

Now i wish it would move somewhere... up, down.. just move..
The trend.. just follow the trend.. (i think)
  • #102,910
  • May 29, 2009 10:50am May 29, 2009 10:50am
Quoting Atlast
One thing that surprised me is that we got the move high today. There was almost no long sideways movement before that happened. I am reminded of a trade I did several years ago when the market got to this position at end of week and opened big down the following week l(netting me a tidy profit as well). I am wondering about holding this short over the weekend. Something I rarely do, any thoughts?
I'm in the same place - Can't decide whether to close my longs.
  • #102,911
  • May 29, 2009 10:51am May 29, 2009 10:51am
Quoting notch
I thought you were making 100s of pips!!!
I'm sorry Master notch, I will endeavor to improve. I had a pretty big drawdown in the early AM - one of this fast big moves up took out a sl on a pretty big position.

Overall, I am still hopeful. I have been consistently profitable when I have stuck to what I know how to do & have only lost (some really big ones) due to really stupid & laughable mistakes (for instance, my cat walked across the keyboard once and closed out a trade that was deep in the red) and trying to swing trade which I am too dumb to be consistent at yet...

You garden? Me too - going to plant the corn patch today...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #102,912
  • May 29, 2009 10:53am May 29, 2009 10:53am
Quoting Atlast
One thing that surprised me is that we got the move high today. There was almost no long sideways movement before that happened. I am reminded of a trade I did several years ago when the market got to this position at end of week and opened big down the following week l(netting me a tidy profit as well). I am wondering about holding this short over the weekend. Something I rarely do, any thoughts?
Currently I'm flat but I never have a problem with holding over the weekend. If there is a gap either you are in profit, or if the gap goes the wrong way, just wait till the gap is closed.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #102,913
  • May 29, 2009 10:53am May 29, 2009 10:53am
Quoting Atlast
One thing that surprised me is that we got the move high today. There was almost no long sideways movement before that happened. I am reminded of a trade I did several years ago when the market got to this position at end of week and opened big down the following week l(netting me a tidy profit as well). I am wondering about holding this short over the weekend. Something I rarely do, any thoughts?
knowing the kind of trader I am - I just don't hold trades over the weekend - in fact, I wrote it in my overall trading plan.

that's just me though;

good trading!
Pip what you see; See what you pip!
  • #102,914
  • May 29, 2009 10:54am May 29, 2009 10:54am
Quoting stewrigh
I'm in the same place - Can't decide whether to close my longs.
Oh, out longs ever since. It was a perfect hit of a level I am sure many had marked off on their charts, ever since last week.
  • #102,915
  • May 29, 2009 10:57am May 29, 2009 10:57am
Quoting Atlast
One thing that surprised me is that we got the move high today. There was almost no long sideways movement before that happened. I am reminded of a trade I did several years ago when the market got to this position at end of week and opened big down the following week l(netting me a tidy profit as well). I am wondering about holding this short over the weekend. Something I rarely do, any thoughts?
i just cant understand why you go short when an up trend is intact. probably, sunday afternoon and monday we will see some sideway movement, but there is no sign tells us market will go south. anyway, this is my point of view.
  • #102,916
  • May 29, 2009 11:00am May 29, 2009 11:00am
Quoting BlueSky07
Yesterday someone posted a link with a video about EUR/USD analysis. It was a guy speaking in broken english. Does anyone know which post it was on? It opened up in Window media for me so i cant tell which website it came from or who the speaker was.

Thanks.

Quoting ak4x
He nor anybody else associated with him is not allowed to post links to paid signal sites which is what that link is, no matter how you try to disguise it with a so called "training video".

Enjoy it while you can.
It's in the Recycle bin where it belongs for the reasons specified above... and where they will go in the future as well, until the poster eventually gets theirself banned if they persist.

That site is peddling signals services ranging from $150 to $500 bucks a month... and it's as simple as that. Any poster than continues to clog up FF with that sort of thing... don't let the door hit you on the way out.
FUBAR...
  • #102,917
  • May 29, 2009 11:01am May 29, 2009 11:01am
Quoting Atlast
please do. technicals tell me it can't go very far lower in the near term, but weekend has a nasty habit of springing surprises. It's just a memory that comes to mind when I dabbled in the Euro way back then.

Well according to the forecasting model the monthly low for June is likely to be around the 1.358 level. The forecast low for next week is 1.3782.

The predicted daily close for the next trading period is 1.4020. This is proving to be a very strong model.
  • #102,918
  • May 29, 2009 11:02am May 29, 2009 11:02am
Quoting ak4x
Any poster than continues to clog up FF with that sort of thing... don't let the door hit you on the way out.
Meany!!
Pip what you see; See what you pip!
  • #102,919
  • May 29, 2009 11:03am May 29, 2009 11:03am
Quoting notch
Well according to the forecasting model the monthly low for June is likely to be around the 1.358 level. The forecast low for next week is 1.3782.

The predicted daily close for the next trading period is 1.4020. This is proving to be a very strong model.

I suspect...although I haven't check...that all of the above will be the same as other technical significant levels.
  • #102,920
  • May 29, 2009 11:03am May 29, 2009 11:03am
Dunno if talking about same video. Was just a guy explaining stuff..

Didnt see him advertising anything, but maybe i didnt see cause im new at this..
The trend.. just follow the trend.. (i think)
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