EURUSD

Interesting to see. One has to keep in mind, commodities prices are autonomous really to currency. The correlations are always coincidental. If gold goes up as the dollar goes up, what does it matter? It just means other countries need to spend more for the resource, and what is probelm with that. It's all relative.

I'm long at 4219.

i have got a very nice volatility indicator code but donno how to convert it into indicator coz i am noob in coding if any body knows codding please PM me ill give code to make an indicator.

then i will put that indicator on forum...


thanx in advance

If I could help ya I would but I seem to have problems drawing a stickman with a pen and paper

I dont think this Strange thing can happen

But ...

Originally Posted by learntowin http://cdn.forexfactory.com/images/buttons/viewpost.gif
So, Everything is possible

Gold Up

EUR Down


now

May it be

EUR Up

while

Gold Down ?

This will be the most amazing thing ever happned

You are probably right but the last months Gold was in synch with E/U. The last weeks it looked like I was looking through fumed glass, can't find the correlation anymore.

I hope ppl holding longs are short term biased

news oil negative..

stocks lower oil plummerting..

ok here is my little contribution to forex community on FF

i got this indicator from some mail where i have registered long back.i finally suceeded to convert this code into indicator,here is the description of this indicator.


Slope Direction Line Indicator for Metatrader 4
This is a great indicator that gives you a lot of information on where the price may be headed. It calculates the slope of a moving average and displays a colored line on your chart telling you where the price is likely to continue.
This is very useful information for any trading strategy no matter what method you are using for trading. It is always best to trade with the trend and this indicator gives you a very good visual representation of where the price was and where it is heading.
Download the Slope Direction Line Indicator
Interpretation of the Slope Direction Line Indicator
Buy when you see a light blue line next to the price. Sell when you see a red line next to the price. See example
The example shown is using the Slope Direction Line Indicator on a 1 hour chart and it is showing two strong trends which would be easy to make profit on. This indicator in combination with the Volatilty Indicator makes an even higher probatility trade setup.
Feel free to use the Slope Direction Line Indicator and distribute it to anyone you would like. The indicator source code is included so if you want to make an automated strategy out of it you will be able to do so.

waiting for Non Farm Payroll on friday..will see what the impact to the market

well I need some zzz's long taken Sl set/I hope for the best/see you all later

Not sure why anyone would go long. Unless you are short term bias cause we are going down on this up to 1.405 area if not lower

Remember US just found 3 billion barrels ready to drill off Gulf Coast.Don't know if that will affect anything but ...

what's goin on with the market..mode on " side ways "

Some of us trade on the 15m, 30m and 1 hr time frames.

take profit at 250 and beyond possible 300 for me---My 1 hour candlesticks may have influenced me--maybe I'm right maybe wrong anyway see you later

Yep no worries. I can't handle the stress of 1hr 2hr 15min charts. Don't like the disappointment of staring at the screen for hours earning a few pips and giving it up in one trade. I have held my position for 3 weeks with 300pips in the green and I looked at my trades a couple of times. If you calculate it comes out to around 50 pips a day. Dont get me wrong I do watch charts every now and then just to make sure I am keeping an eye on it. I highly recomend for new traders to try position trading in the beginning.

I trade em all/15 mainly/but like I said I'm tired lol so trading 1 hour SL 84.Wish me luck