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  • #155,221
  • Oct 22, 2009 8:16pm Oct 22, 2009 8:16pm
Who here trades the EUR/GBP?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #155,222
  • Oct 22, 2009 8:17pm Oct 22, 2009 8:17pm
Quoting Spsantos
I see a trend, and I always go with the trend, helps the edge.
I understand what you say completely, but for me the trend is not my friend i prefer trading harmonics but all tools can work, proper MM/RR and at least one or better two blown account in the past...and patience can give you the edge in this game. and something else in general cause one might judge my low quality posts here are not reflecting my forex experience i am amazed for you guys that put all this effort to help people here. just i feel what ever one tells all must fail on their own and then might succeed.
  • #155,223
  • Oct 22, 2009 8:18pm Oct 22, 2009 8:18pm
http://img39.imageshack.us/img39/9342/eu1xl.jpg
down to 1.49728 to complete upward.
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  • #155,224
  • Oct 22, 2009 8:21pm Oct 22, 2009 8:21pm
Quoting kegra
I understand what you say completely, but for me the trend is not my friend i prefer trading harmonics but all tools can work, proper MM/RR and at least one or better two blown account in the past...and patience can give you the edge in this game.
I understand, it's perfectly possible, each one of us has its own psychology, so a method that is good for me may not work with you, I completely accept different points of view (one of the reasons I joined here over a year ago ).

You found the tools that suit you, take advantage of that, and profit from them

This is a very simple business, i can't get tired of saying so, the ones that make this so complicated are the ones that don't understand it.
Traders are smartasses
  • #155,225
  • Oct 22, 2009 8:22pm Oct 22, 2009 8:22pm
Quoting The Fool
Who here trades the EUR/GBP?
I do, my good man. The weekly says it all right around now. I'm waiting for another retrace for another short opportunity. How about yourself?
I dream, therefore I become.
  • #155,226
  • Oct 22, 2009 8:29pm Oct 22, 2009 8:29pm
Quoting mike w
I do, my good man. The weekly says it all right around now. I'm waiting for another retrace for another short opportunity. How about yourself?

Thank you my good sir. I am just getting into it again. Followed along Jhigs thread before, who said he thought it was the easiest and most profitable pair to trade - trading off S/R and daily pivots. I am easing into it & scalping some. I like the jumbo sized pips. Any insight you feel like sharing, feel free. E/U peeps won't mind they all want to make money....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #155,227
  • Oct 22, 2009 8:33pm Oct 22, 2009 8:33pm
Quoting The Fool
E/U peeps won't mind they all want to make money....
  • #155,228
  • Oct 22, 2009 8:34pm Oct 22, 2009 8:34pm
Quoting The Fool
Who here trades the EUR/GBP?

me....heres my chart....I want to go long at the trendline (like .9015)but im a little afraid to pull trigger with uk gdp in a few hrs. Are you trading this pair now?
Attached Image (click to enlarge)
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  • #155,229
  • Oct 22, 2009 8:36pm Oct 22, 2009 8:36pm
Quoting mfoste1
me....heres my chart....I want to go long at the trendline (like .9015)but im a little afraid to pull trigger with uk gdp in a few hrs. Are you trading this pair now?
I'd be carefull longing this, the weekly shows another view on this.

(And a lot of EUR news today)
Traders are smartasses
  • #155,230
  • Oct 22, 2009 8:38pm Oct 22, 2009 8:38pm
does anyone here know how to write scripts?
  • #155,231
  • Oct 22, 2009 8:42pm Oct 22, 2009 8:42pm
Quoting mfoste1
me....heres my chart....I want to go long at the trendline (like .9015)but im a little afraid to pull trigger with uk gdp in a few hrs. Are you trading this pair now?
Yes I am just getting into it. Leaning short but just scalping for now. Spent my 1st 6 months live trading the E/U and will be glad (oh man!) to branch out. Cable and E/G will be the first new friends....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #155,232
  • Oct 22, 2009 8:43pm Oct 22, 2009 8:43pm
Quoting CAnthonyMVE
does anyone here know how to write scripts?
maybe. depends on the programming language.

dang, i feel like talking of anything else that pa right now cause it's damn obvious: reversal sign -fake. bull are probably gonna try another go in the next 8 hrs and if they don't succeed it's taking water.

czech let's go for an urquell since we seem to be brothers in crime
  • #155,233
  • Oct 22, 2009 8:45pm Oct 22, 2009 8:45pm
Quoting gatorinla
*L* its a train... well maybe 5055/62 may slow it.. but unlikely
its friday.. so why not.. but i thought 61.63 was gonna be the one..
those who can, do. those who cant, talk about those who can
  • #155,234
  • Oct 22, 2009 8:45pm Oct 22, 2009 8:45pm
Quoting The Fool
Thank you my good sir. I am just getting into it again. Followed along Jhigs thread before, who said he thought it was the easiest and most profitable pair to trade - trading off S/R and daily pivots. I am easing into it & scalping some. I like the jumbo sized pips. Any insight you feel like sharing, feel free. E/U peeps won't mind they all want to make money....
That pair is definitely an S/R trading pair. (Check out James16's recent posts on his touch trading.) It will take off from S/R to S/R without much in between. Regardless, price action still reigns king just like on all the other pairs.

You said you were scalping a bit? The first thing you'll need to realize is to give this pair time to breathe when compared to the euro or cable. It moves at a snail's pace MOST of the time, although the added weight to each tic more than makes up for it.
I dream, therefore I become.
  • #155,235
  • Oct 22, 2009 8:46pm Oct 22, 2009 8:46pm
As Driver55 told us before, watch USD/JPY and EUR/JPY for correlation.
  • #155,236
  • Oct 22, 2009 8:48pm Oct 22, 2009 8:48pm
Quoting Forex4pty
As Driver55 told us before, watch USD/JPY and EUR/JPY for correlation.
Yeah, but driver was longing swissy and shorting Fiber!


(I'm just picking him, I have great respect for his style of trading, to me it would be suicide )
Traders are smartasses
  • #155,237
  • Oct 22, 2009 8:50pm Oct 22, 2009 8:50pm
Quoting Forex4pty
As Driver55 told us before, watch USD/JPY and EUR/JPY for correlation.

He is a Guru! My greatest respect to his saying.
  • #155,238
  • Oct 22, 2009 8:51pm Oct 22, 2009 8:51pm
Quoting Spsantos
I'd be carefull longing this, the weekly shows another view on this.

(And a lot of EUR news today)

Yea i just checked out daily and weekly and they are both pointing down...I think ill wait for retrace to short, long is too risky..thanks for the advice
  • #155,239
  • Oct 22, 2009 8:53pm Oct 22, 2009 8:53pm
For the Fool.

I'm waiting on a touch of .91 again before any real fireworks go off IMO. If not, I doubt I'll be having any trades on this pair anytime soon.
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I dream, therefore I become.
  • #155,240
  • Oct 22, 2009 8:56pm Oct 22, 2009 8:56pm
ok folks im not going to disney land.. its disney world for me..

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those who can, do. those who cant, talk about those who can
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