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EURUSD

  • #138,001
  • Sep 2, 2009 9:47am Sep 2, 2009 9:47am
Quoting vinesh2
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 hear ya.Nothing wrong with that.I just like to grab all the nooks and crannies in between
  • #138,002
  • Sep 2, 2009 9:47am Sep 2, 2009 9:47am
Quoting Fly2
I trade em all/15 mainly/but like I said I'm tired lol so trading 1 hour SL 84.Wish me luck

Lately, I've been trading off of the 15/30 minute. I like the 1 hour too though, definitely keep the 1 hour chart open.
  • #138,003
  • Sep 2, 2009 9:47am Sep 2, 2009 9:47am
Thanks Ali!
Looks interesting.




Quoting Alihuzaifa
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...
  • #138,004
  • Sep 2, 2009 9:50am Sep 2, 2009 9:50am
Quoting vinesh2
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.

Different strokes for different folks. No big deal. I'd rather trade 5-12 lots at a time for 20-150+ pips. Heck sometimes it'll only be 5-10 pips. Usually keep my stops at 20-30 pips. I'll also exit way before 20-30 pip stop if I see a signal that says to.

For me, it's a heckuva lot more stressful to trade off of the 4 hour or higher. I'm a little weird though.
  • #138,005
  • Sep 2, 2009 9:53am Sep 2, 2009 9:53am
Quoting Alihuzaifa
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.
...
Ali, isn't that a very comon indicator? I'm not at home so I can't test it atm.
Close your eyes when you feel you are going under.
  • #138,006
  • Sep 2, 2009 9:59am Sep 2, 2009 9:59am
Who's your daddy?
  • #138,007
  • Sep 2, 2009 9:59am Sep 2, 2009 9:59am
bull spike now~ TP 1.4280
  • #138,008
  • Sep 2, 2009 10:00am Sep 2, 2009 10:00am
jeez didn't even lie down and up 26 pips
  • #138,009
  • Sep 2, 2009 10:00am Sep 2, 2009 10:00am
http://freeserv.dukascopy.com/chart/...7b3d6575367573
  • #138,010
  • Sep 2, 2009 10:00am Sep 2, 2009 10:00am
Quoting Fly2
jeez didn't even lie down and up 26 pips
20 up here. Excellent Fly2. Think we entered about the same time.
  • #138,011
  • Sep 2, 2009 10:01am Sep 2, 2009 10:01am
Quoting GulfCoastPip
Who's your daddy?
hah Good night day whatever it is
  • #138,012
  • Sep 2, 2009 10:01am Sep 2, 2009 10:01am
Attached Image (click to enlarge)
Click to Enlarge Name: 4H sept2.jpg Size: 101 KB
  • #138,013
  • Sep 2, 2009 10:02am Sep 2, 2009 10:02am
aaaahah dreams do come true in forex lol
thank you market gods
next stop 1.4281
peace
----- Dragonfly out in the sun you know what I mean, don't you know
  • #138,014
  • Sep 2, 2009 10:02am Sep 2, 2009 10:02am
Night Fly2. See ya on later.
  • #138,015
  • Sep 2, 2009 10:03am Sep 2, 2009 10:03am
on the daily chart respect the 50 SMA. right now it can't break it.
  • #138,016
  • Sep 2, 2009 10:04am Sep 2, 2009 10:04am
Quoting sophiaphia
aaaahah dreams do come true in forex lol
thank you market gods
next stop 1.4281
peace
4240 need had a resistant there~ now testing to break~

once break 4280 is on the way
  • #138,017
  • Sep 2, 2009 10:04am Sep 2, 2009 10:04am
Quoting GulfCoastPip
Night Fly2. See ya on later.
it may poke around here a bit.So be careful.I set my trade and thats that.I may get burnt who knows
  • #138,018
  • Sep 2, 2009 10:14am Sep 2, 2009 10:14am
Quoting tachlio
4240 need had a resistant there~ now testing to break~

once break 4280 is on the way
Out! +37 pips. I'll wait and see how we do at 4259 before I get back in.
  • #138,019
  • Sep 2, 2009 10:15am Sep 2, 2009 10:15am
Quoting tachlio
4240 need had a resistant there~ now testing to break~

once break 4280 is on the way
i have been working on this trade for hours and hours, third time at 4240 was the charm!

US futures are at a double top, if they break out, even better , might not
----- Dragonfly out in the sun you know what I mean, don't you know
  • #138,020
  • Sep 2, 2009 10:16am Sep 2, 2009 10:16am
Added my shorts
if it goes to 1.4280-1.4330 i load more
Some drink at the fountain of knowledge. Others just gargle !
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