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EURUSD

  • #119,701
  • Jul 8, 2009 7:48pm Jul 8, 2009 7:48pm
S&P futures green, crude futures spiraling up out of control (.6 %). Big euro rally on the way. Probly in my lifetime.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #119,702
  • Jul 8, 2009 7:50pm Jul 8, 2009 7:50pm
"""""""" Watch the Tokyo open on M15, long if open is green, red if short. Good for beaucoup pips, like clockwork. Its a lock. 30 minutes & you're done. Wifey will be happy. Sounds like a good woman. """""""""
Thank you "The Fool"

Me being an ignorant ass and just using plain vanilla graphs from Oanda and not too clued on candles, what do you mean by "green" and "red".
thanks again
emtee
  • #119,703
  • Jul 8, 2009 7:58pm Jul 8, 2009 7:58pm
[quote=emtee;2860680
Me being an ignorant ass and just using plain vanilla graphs from Oanda and not too clued on candles, what do you mean by "green" and "red".
thanks again
emtee[/quote]

Green = up, or positive. Red = down, or negative.

Open range play on Tokyo has been good for 10-25 pips every day that I have looked at it, which ain't many. But lots of people swear by these open range set plays. Trade at your own risk & Good Luck.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #119,704
  • Jul 8, 2009 8:03pm Jul 8, 2009 8:03pm
I'd hate to know I had to trade the Asian session, though. London is where its at.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #119,705
  • Jul 8, 2009 8:11pm Jul 8, 2009 8:11pm
10 pips is plenty for me - greed is always my downfall.
"The Fool" - I see you are a Civil Engineer. Good for you. I am a Civil/Structural engineer. I have great trouble being a long term trader. My preference is very short term. Pressurising but really less stressful as buy and sell signals happen quickly. The problem right now is that the cycles are very short as everyone appears to be skittish and taking profits very quickly. Maybe the fall season will change that?
emtee
  • #119,706
  • Jul 8, 2009 8:21pm Jul 8, 2009 8:21pm
Quoting emtee
10 pips is plenty for me - greed is always my downfall.
"The Fool" - I see you are a Civil Engineer. Good for you. I am a Civil/Structural engineer. I have great trouble being a long term trader. My preference is very short term. Pressurising but really less stressful as buy and sell signals happen quickly. The problem right now is that the cycles are very short as everyone appears to be skittish and taking profits very quickly. Maybe the fall season will change that?
emtee
I am a dedicated scalper. I put on a 5 or 10-pip default TP on moves that might ultimately yield 10x that, but then I might do that 10 times or more on that move. I like to get in and out with easy winners. If you want to argue the merits of long-term vs. short term trading you might find that argument easy to find here. Whatever works and the bottom line of your account is the only argument that matters, though, imho.

Civil engineering, one of the last honest professions. Don't burn any bridges if you start to get rich in Forex. Best of Luck to You.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #119,707
  • Jul 8, 2009 9:11pm Jul 8, 2009 9:11pm
Quoting The Fool
I am a dedicated scalper. I put on a 5 or 10-pip default TP on moves that might ultimately yield 10x that, but then I might do that 10 times or more on that move. I like to get in and out with easy winners. If you want to argue the merits of long-term vs. short term trading you might find that argument easy to find here. Whatever works and the bottom line of your account is the only argument that matters, though, imho.

Civil engineering, one of the last honest professions. Don't burn any bridges if you start to get rich in Forex. Best of Luck...
Good for you.
  • #119,708
  • Jul 8, 2009 11:28pm Jul 8, 2009 11:28pm
Time to get this thread started up for the night =D

Levels to watch: 3856, 3828, 3913

Bit of a note: Been proclaiming myself a bear, but the low volatility followed up by the almost oversold makes me believe there maybe a bullish breakout.
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  • #119,709
  • Jul 8, 2009 11:42pm Jul 8, 2009 11:42pm
Waiting time...
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  • #119,710
  • Jul 9, 2009 12:25am Jul 9, 2009 12:25am
Quoting Code4Capital
Time to get this thread started up for the night =D

Levels to watch: 3856, 3828, 3913

Bit of a note: Been proclaiming myself a bear, but the low volatility followed up by the almost oversold makes me believe there maybe a bullish breakout.
my predict no. for today 1.3908 1.3899 1.3888
  • #119,711
  • Jul 9, 2009 12:39am Jul 9, 2009 12:39am
Good morning.
The 4 hr trend for range trading is intact, with the market having tested the bottom trendline. 1.4100 is the upside target to test the median line.
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  • #119,712
  • Edited 12:53am Jul 9, 2009 12:42am | Edited 12:53am
sell guys
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  • #119,713
  • Jul 9, 2009 12:46am Jul 9, 2009 12:46am
Morning all . Same like yesterday morning it seems up for time but this time may not fail very shortly & down throughout the day.Price can break through 1.3918/44/50/88 before continue down to 1.3770/57 /28/00. It should stop there & full blown bullish set up complete .

Anything can happen , it is a new day & no 2 can be the same.

fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #119,714
  • Jul 9, 2009 12:48am Jul 9, 2009 12:48am
morning all
I SEE YOU !!
  • #119,715
  • Jul 9, 2009 12:51am Jul 9, 2009 12:51am
Quoting dbfusion
morning all
Morning dbfusion , wish you best trading today.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #119,716
  • Jul 9, 2009 12:51am Jul 9, 2009 12:51am
nice day for trade
  • #119,717
  • Jul 9, 2009 12:55am Jul 9, 2009 12:55am
Daily:
PH: 1.3918
PL: 1.3842
  • #119,718
  • Jul 9, 2009 12:56am Jul 9, 2009 12:56am
Quoting SilverShark
nice day for trade
I would say it's still bias to the downside...

All the best...!!!
  • #119,719
  • Jul 9, 2009 12:57am Jul 9, 2009 12:57am
Quoting orangeRANGE
I would say it's still bias to the downside...

All the best...!!!
agree
  • #119,720
  • Jul 9, 2009 1:01am Jul 9, 2009 1:01am
Morning Notch,fontu,dbfusion,avi ALL
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