EURUSD | Page 5690 | 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

  • #113,781
  • Jun 23, 2009 1:05pm Jun 23, 2009 1:05pm
Quoting The Fool
Well, I was countin on it. Emergency stops on everything from now on duh.
That's the way. Before you put the trade on, say to yourself, OK how much am I going to lose on this one. That takes care of the losses. You've prepared yourself for the loss. Then manage the trade into profit. You have heard this all before of course, but hope it helps. I know the odd one gets away, just luck sometimes.
  • #113,782
  • Jun 23, 2009 1:09pm Jun 23, 2009 1:09pm
i am short at 1.4077 tp at 1.4067 . Any advice ?
  • #113,783
  • Jun 23, 2009 1:09pm Jun 23, 2009 1:09pm
Quoting The Fool
Well, I was countin on it. I got the buttless chaps on and everything. ACtually no loss yet, but 200+ pips out of the money looks like a loser. Hows that for understatement? Will wait for some retrace, but probably will range tight below .41 for a while. Gonna have to bite the bullet on this one it seems. Hard knocks, live & learn, etc. Emergency stops on everything from now on duh.
sorry about the loss.. but only a fool doesnt learn from mistakes.. dont worry most of the honest traders have been where you are .. and 100% of the dishonest ones..

no quicker 2 part then a fool and his money. wait a few days before trading get pissed at our comments and prove us wrong..in a few days..
those who can, do. those who cant, talk about those who can
  • #113,784
  • Jun 23, 2009 1:11pm Jun 23, 2009 1:11pm
Quoting The Egyptian
i am short at 1.4077 tp at 1.4067 . Any advice ?
Think it's to early, would close it asap
Don't be a hero. Don't have an ego. Always question yourself
  • #113,785
  • Jun 23, 2009 1:15pm Jun 23, 2009 1:15pm
Quoting The Fool
Well, I was countin on it. I got the buttless chaps on and everything. ACtually no loss yet, but 200+ pips out of the money looks like a loser. Hows that for understatement? Will wait for some retrace, but probably will range tight below .41 for a while. Gonna have to bite the bullet on this one it seems. Hard knocks, live & learn, etc. Emergency stops on everything from now on duh.

Hey buddy! Have you check out the THV System? It's a bloody ATM scalping machine No joke, go check it out!


Quoting notch
Well you've only lost about 15%!

Okay...25% then???
  • #113,786
  • Jun 23, 2009 1:17pm Jun 23, 2009 1:17pm
Best place to short now is trendline break below 1.4060. Don't feed the market guys.
  • #113,787
  • Jun 23, 2009 1:22pm Jun 23, 2009 1:22pm
Quoting M.A.C.Doug
I am building a longs at support down to 1.3740
i just woke up and was catching up on the thread. I note alot of damage was done with this move with people thinking we are downtrending and waiting for a resumption of that trend. - here is my daily chart The reason my bias was long from yesterday was we were approaching trendline support, in an UPTREND. The reaction to that support is not surprising at all. Anyway It doesent matter what your bias is, or whether it is correct or not, you need to learn to quickly change your view and trade with the market flow in the present, even if it is against your viewpoint.
Attached Image (click to enlarge)
Click to Enlarge Name: 11gif.gif Size: 26 KB
BTC Return This Year: na
  • #113,788
  • Jun 23, 2009 1:26pm Jun 23, 2009 1:26pm
...
Attached Image (click to enlarge)
Click to Enlarge Name: jun23.jpg Size: 88 KB
  • #113,789
  • Jun 23, 2009 1:28pm Jun 23, 2009 1:28pm
Quoting Atlast
Best place to short now is trendline break below 1.4060. Don't feed the market guys.

Agreed. Or top of channel at around 4180.
  • #113,790
  • Jun 23, 2009 1:31pm Jun 23, 2009 1:31pm
Quoting Atlast
Best place to short now is trendline break below 1.4060. Don't feed the market guys.
which could be very risky imho in a larger uptrend.
Those minor trendlines do shift often to another level without breaking the main uptrend
Don't be a hero. Don't have an ego. Always question yourself
  • #113,791
  • Jun 23, 2009 1:33pm Jun 23, 2009 1:33pm
Quoting TheFisherman
Boy you have patience.
Well it's not something I would recommend of course but they were only small positions (relative to my account) and it didn't affect my trading. I think The Fool trades rather larger positions though and with the FOMC statement tomorrow, it's a little risky either way. And back then you could hedge so I just used the margin to trade the other way when it became really obvious I was in the wrong direction.
Nothing worth having is easy.
  • #113,792
  • Jun 23, 2009 1:36pm Jun 23, 2009 1:36pm
The Euro is about to implode. Short here with a tight stop above the high. Targeting 1.3500
  • #113,793
  • Edited 1:48pm Jun 23, 2009 1:38pm | Edited 1:48pm
short @ 1.4100--- TP1 23.6 fib near 1.4040, TP2 R2 near 1.3995. Protective stop @ 1.4125. As Jay Walker would say..."hold on to your F*&!^$g hat!"
  • #113,794
  • Jun 23, 2009 1:46pm Jun 23, 2009 1:46pm
Quoting Scotty B
The Euro is about to implode. Short here with a tight stop above the high. Targeting 1.3500
hey man i got the same signals.. been having them for over a month.. (well since 4175 area)

long time no see
those who can, do. those who cant, talk about those who can
  • #113,795
  • Jun 23, 2009 1:53pm Jun 23, 2009 1:53pm
Quoting USD-Bear
which could be very risky imho in a larger uptrend.
Those minor trendlines do shift often to another level without breaking the main uptrend
There is no demand area below 1.4060 until below 1.4040, but yes fighting the trend, that's why better to use trend break.
  • #113,796
  • Jun 23, 2009 1:59pm Jun 23, 2009 1:59pm
ok lower low now and we are set to eat some long stops
  • #113,797
  • Jun 23, 2009 1:59pm Jun 23, 2009 1:59pm
Quoting Scotty B
The Euro is about to implode. Short here with a tight stop above the high. Targeting 1.3500

would you kindly mind substantiating your calls with anything close to analysis/chart ?
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #113,798
  • Jun 23, 2009 2:09pm Jun 23, 2009 2:09pm
danger danger
  • #113,799
  • Jun 23, 2009 2:09pm Jun 23, 2009 2:09pm
Hi djambazov84

I have seen you frequenting Igrok's thread. Would it be possible to have your opinion? Would he consider this the "kiss of death" or am I way off?

Attached Image (click to enlarge)
Click to Enlarge Name: USDX Daily.GIF Size: 53 KB
Nothing worth having is easy.
  • #113,800
  • Jun 23, 2009 2:15pm Jun 23, 2009 2:15pm
Quoting djambazov84
would you kindly mind substantiating your calls with anything close to analysis/chart ?
Well actually the monthly S1 is at 1.3488 and we are to tap it.

But I'm sure you already knew that right? You just wanted to make sure that people don't just make calls out thin air.

If you didn't know then maybe you should have a look at the other EU Redux thread.

I posted an indi earlier today.

The other thread has a little more meat on the bones.
390 traders viewing now, 1 is registered:
Yaruki