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EURUSD

  • #114,641
  • Jun 25, 2009 3:27am Jun 25, 2009 3:27am
still watching waiting watching
  • #114,642
  • Jun 25, 2009 3:27am Jun 25, 2009 3:27am
Quoting avi
i predict evrey day 3 no.today gmt+3 1.3970-1.3960-1.3945. .this no. returun.down =sell up-buy .today the no. play twice down and up.it can be olso 3,4, times
whoa man thats deep!
  • #114,643
  • Jun 25, 2009 3:27am Jun 25, 2009 3:27am
Sorry..tying in the middle of the night...I meant 5 min candle not 15 min...and it closed at 3931 under the 3932..i was looking for it to break South..it retraced as Atlast had called.....I can close out but if its coming back down i hate to eat these pips....
  • #114,644
  • Jun 25, 2009 3:28am Jun 25, 2009 3:28am
Quoting avi
i predict evrey day 3 no.today gmt+3 1.3970-1.3960-1.3945. .this no. returun.down =sell up-buy .today the no. play twice down and up.it can be olso 3,4, times

What is the name of this method?
  • #114,645
  • Jun 25, 2009 3:29am Jun 25, 2009 3:29am
Quoting IMARICH1
Well..I took a Short at 3928 when the 15 min candle closed under the 3932....stuck again....took the wrong train it appears...
Volume seems light, I would not be surprised to see a range setup from 3930 to 3980 or so for a while. If I'm right you might easily close your gap to BE or better.

Good Luck!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #114,646
  • Jun 25, 2009 3:33am Jun 25, 2009 3:33am
Quoting calvk81
i am short at 1.3990. anybody also short at that level?
I'm short at 1.3944. Looking at H1. Using modified PSAR. See my trading journal below for info.
  • #114,647
  • Jun 25, 2009 3:35am Jun 25, 2009 3:35am
Quoting notch
To be completely honest. It shouldn't matter if you get on the wrong train because your stop should be very very tight. It should cause distress to be stopped out for 5-15 pips if you are gaining between 20-100 pips. You really should not get married to your position. You should wait for the ideal entry and not just shoot. As I mentioned earlier...I will not be committed to a trade until the price is in the 4000 area and that trade is likely to be on the short side. Maybe you should check out and learn the THV system at least it has a good pedigree...
Hit the nail on the head notch....

We gave you the link to the THV thread - you say you downloaded all the indicators, templates etc - now you need to learn how to use it mate. why not demo trade it for a couple of months and see how you get on. seriously if you cannot make money on a demo for at least 2 months then its unlikely that you will cut it in the real world - in fact you will prob lose much more - I learnt the hard way as many people on here have. also do the baby pips course. I asked you the other day if you had a method but to be honest it was already obvious that you didn;t as you seemed like a rabbit caught in a headlight asking notch where he thought PA was heading every 5 mins....nobldy REALLY knows where the PA is going - successfull trading is about how you react to emergin patterns and how you manage your position once in!!

SYSTEM FRIEND - YOU ENEMY!!!! love that saying

we'll always try to help but you really need to show a bit of willing too by learning the basics....

all the best
MT
  • #114,648
  • Jun 25, 2009 3:36am Jun 25, 2009 3:36am
Quoting Twitch
I'm short at 1.3944. Looking at H1. Using modified PSAR. See my trading journal below for info.

Okay. I've closed long and gone short at 3969. Risking 0.05% of account. Just a bit of fun.
  • #114,649
  • Jun 25, 2009 3:36am Jun 25, 2009 3:36am
Quoting SwissKinseb
you will go short at this point?
That's near my long TP, and I am watching for scalp, and if it turns into a longer trade.
  • #114,650
  • Jun 25, 2009 3:40am Jun 25, 2009 3:40am
Thanks Notch and Mr trendy....got it..I have downloaded all the indicators and loaded it on my computer...have the docs to read and study..you are right...thanks
  • #114,651
  • Jun 25, 2009 3:40am Jun 25, 2009 3:40am
Quoting Atlast
That's near my long TP, and I am watching for scalp, and if it turns into a longer trade.
i'm out until the trend makes its mind up!!
  • #114,652
  • Jun 25, 2009 3:42am Jun 25, 2009 3:42am
Get ready for some exciting PA 'cos I'm going to make coffee....always happens!!!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #114,653
  • Jun 25, 2009 3:43am Jun 25, 2009 3:43am
Quoting realjumper
Get ready for some exciting PA 'cos I'm going to make coffee....always happens!!!

I'd wait for 5 minutes.
  • #114,654
  • Jun 25, 2009 3:44am Jun 25, 2009 3:44am
Quoting IMARICH1
Sorry..tying in the middle of the night...I meant 5 min candle not 15 min...and it closed at 3931 under the 3932..i was looking for it to break South..it retraced as Atlast had called.....I can close out but if its coming back down i hate to eat these pips....
If you were looking for a breakout trade against the 60 min that was the wrong spot. If you were looking for a breakout against lower TF that was the wrong spot. Decide if you want to use breakout or reversals. keep it simple, then you know where to pick your spot. I picked the spot to reverse back into the trend. Now there is another spot to countertrend which is more dangerous between 1.3989 and 1.4002. Above that, no.
  • #114,655
  • Jun 25, 2009 3:46am Jun 25, 2009 3:46am
Quoting MrTrendy
Hit the nail on the head notch....

We gave you the link to the THV thread - you say you downloaded all the indicators, templates etc - now you need to learn how to use it mate. why not demo trade it for a couple of months and see how you get on. seriously if you cannot make money on a demo for at least 2 months then its unlikely that you will cut it in the real world - in fact you will prob lose much more - I learnt the hard way as many people on here have. also do the baby pips course. I asked you the other day if you had a method but to be honest...
I believe he should have a method. It probably just that in the past few trades the method failed him badly and he is too confuse now.
  • #114,656
  • Jun 25, 2009 3:48am Jun 25, 2009 3:48am
Quoting notch
Okay. I've closed long and gone short at 3969. Risking 0.05% of account. Just a bit of fun.
hey i got that short too at 3969 sl at 3978 little baby evening star on the 10min
  • #114,657
  • Jun 25, 2009 3:48am Jun 25, 2009 3:48am
Quoting Twitch
I'm short at 1.3944. Looking at H1. Using modified PSAR. See my trading journal below for info.
heh
  • #114,658
  • Jun 25, 2009 3:50am Jun 25, 2009 3:50am
Quoting Beacon
I believe he should have a method. It probably just that in the past few trades the method failed him badly and he is too confuse now.
understood.
  • #114,659
  • Jun 25, 2009 3:51am Jun 25, 2009 3:51am
Quoting lldocll
hey i got that short too at 3969 sl at 3978 little baby evening star on the 10min

Nice!
  • #114,660
  • Jun 25, 2009 3:52am Jun 25, 2009 3:52am
EURGBP has just hit it's weekly PH.
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