EURUSD | Page 8177 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #163,521
  • Nov 19, 2009 10:59am Nov 19, 2009 10:59am
Quoting calderone
Not that I'm a fan of hedging but you can scale out and break even if you like being up for days on end.
If we were to break decisivley below 4450, I would have to seriously look at trend change. I would have to make a new plan. Off the top of my head, I would hold the hedge for 4150 area (BIG 50% fib) and unhedge there. Then I would look to add another postion long and look for a big bounce out of that 50% fib-- looking to close out between 4400 and 4450. That is just a rough look at what my plan might be in that circumstance.
  • #163,522
  • Nov 19, 2009 11:04am Nov 19, 2009 11:04am
Quoting FX-Petra
If we were to break decisivley below 4450, I would have to seriously look at trend change. I would have to make a new plan. Off the top of my head, I would hold the hedge for 4150 area (BIG 50% fib) and unhedge there. Then I would look to add another postion long and look for a big bounce out of that 50% fib-- looking to close out between 4400 and 4450. That is just a rough look at what my plan might be in that circumstance.
I do understand. We must have contingency plans for all scenarios.
  • #163,523
  • Nov 19, 2009 11:05am Nov 19, 2009 11:05am
Quoting meje
it's been so long...another 10mins,1h candle close above 1.4877..i ll b longing..
preparing to long at 1.4880
  • #163,524
  • Nov 19, 2009 11:05am Nov 19, 2009 11:05am
Quoting micho
good luck, i've teached noobs like you year after year. its not time for you to race you just made your first steps
thanks. mr. noob. year after year i usauly dont worry about most people. but ill say this.. those who can do. those who cant talk about those who can. dont let emotion hurt your trading. have a good day.
those who can, do. those who cant, talk about those who can
  • #163,525
  • Nov 19, 2009 11:10am Nov 19, 2009 11:10am
Quoting X.Oden
1,230 pips between yesterday and today total across 22 pairs ...
Jeez...how do you trade...scaling in positions? It's the only way I can think of without automated trading. And here I thought a 100 pip target per day was enough
Different opinions highly valued, ignorant to slander.
  • #163,526
  • Nov 19, 2009 11:11am Nov 19, 2009 11:11am
could be that we're forming a descending triangle formation... we'll know for sure in the next few days...
Attached Image (click to enlarge)
Click to Enlarge Name: 091119desctri.gif Size: 19 KB
  • #163,527
  • Nov 19, 2009 11:12am Nov 19, 2009 11:12am
Quoting TrendExpress
News are bad for US so far, not forget changes are related to the past week only. Many ppl left with no job. Although the market is now heading to 1.4882 pivot level(powered by the not exactly good looking hammer bar) wich transformed as resist after it was easy conquerd , hope it will be again , next after it - 4908 level where wil be main fight today i think , 4 h bars allready closed at this level. However if this level is breaked the next really serious mountain to climb is 1.4935 wich yesterday really hit back the trend many many times and...
gj me on that
  • #163,528
  • Nov 19, 2009 11:15am Nov 19, 2009 11:15am
Quoting X.Oden
1,230 pips between yesterday and today total across 22 pairs ...
That's brilliant going, mate! Can't wait to see your journal updated. You're coming back from the previous heavy losses.

Well done.
  • #163,529
  • Nov 19, 2009 11:15am Nov 19, 2009 11:15am
Short from 1.4910, TP 1.4885, SL 1.4925. 15m fibonacci.
  • #163,530
  • Nov 19, 2009 11:19am Nov 19, 2009 11:19am
Quoting Fibo_trader
Short from 1.4910, TP 1.4885, SL 1.4925. 15m fibonacci.
not the right time
When life gives you lemons, make lemonade
  • #163,531
  • Nov 19, 2009 11:20am Nov 19, 2009 11:20am
Why?
  • #163,532
  • Nov 19, 2009 11:24am Nov 19, 2009 11:24am
Quoting Fibo_trader
Why?

cause there was no signal for short and euro needs to hit 4921 first of all
When life gives you lemons, make lemonade
  • #163,533
  • Nov 19, 2009 11:26am Nov 19, 2009 11:26am
Quoting Fibo_trader
Why?
15m down-trend is broken, PA above 1.4900, 1H candle closed above that level as well. But you never know.
  • #163,534
  • Nov 19, 2009 11:29am Nov 19, 2009 11:29am
The old fashion way...I test the markets with small lots and if its going my way, I'll add to positions and more heavily to pairs that are making the moves....once I know a certain pair is moving, I'll take a look at the correlated pairs that typically move with it and just go with the flow.

100 pips here, 80 pips there, 50 pips here, they all add up to a nice amount.

Use stops and targets for every trade whether you follow through or not....nothing complicated...


Quoting psiholog
Jeez...how do you trade...scaling in positions? It's the only way I can think of without automated trading. And here I thought a 100 pip target per day was enough
In Charts We Trust!
  • #163,535
  • Nov 19, 2009 11:34am Nov 19, 2009 11:34am
Quoting Fibo_trader
Short from 1.4910, TP 1.4885, SL 1.4925. 15m fibonacci.
aha!i may b buying yours ,should it ever reach your TP.
  • #163,536
  • Nov 19, 2009 11:36am Nov 19, 2009 11:36am
This area will decide this pair for some days.

Be careful now.

read my blog alert details.
  • #163,537
  • Nov 19, 2009 11:36am Nov 19, 2009 11:36am
Quoting gammase1
That's brilliant going, mate! Can't wait to see your journal updated. You're coming back from the previous heavy losses.

Well done.
Eh the journal, that's the small account. I tried some over leveraging last week to bring it up fast, but that unfortunately did not go my way....but lucky I was able to save some of the account lol! Still trying to get it back....getting impatient thus the over sized trades.

But the 1200 pips was done on my large account...I'm strict on it...
In Charts We Trust!
  • #163,538
  • Nov 19, 2009 11:43am Nov 19, 2009 11:43am
Quoting X.Oden
Eh the journal, that's the small account. I tried some over leveraging last week to bring it up fast, but that unfortunately did not go my way....but lucky I was able to save some of the account lol! Still trying to get it back....getting impatient thus the over sized trades.

But the 1200 pips was done on my large account...I'm strict on it...
That is the biggest tally of daily pips I've ever seen claimed on Forex Factory. An almost unbelievable amount, in fact.

I'm not knocking your remarkable trading skills, but is there any point of posting these kind of retrospective claims?

Does it add anything to the thread if I was to boast about what I have or have not made in a particular day?

Good luck to you.
  • #163,539
  • Nov 19, 2009 11:47am Nov 19, 2009 11:47am
Quoting gatorinla
thanks. mr. noob. year after year i usauly dont worry about most people. but ill say this.. those who can do. those who cant talk about those who can. dont let emotion hurt your trading. have a good day.
right on, gator. peace out.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #163,540
  • Nov 19, 2009 11:48am Nov 19, 2009 11:48am
Quoting X.Oden
The old fashion way...I test the markets with small lots and if its going my way, I'll add to positions and more heavily to pairs that are making the moves....once I know a certain pair is moving, I'll take a look at the correlated pairs that typically move with it and just go with the flow.

100 pips here, 80 pips there, 50 pips here, they all add up to a nice amount.

Use stops and targets for every trade whether you follow through or not....nothing complicated...
Sounds very simple indeed...truly impressive. I have been doing this with Eur/Usd and Eur/Jpy for a while now and quite effectively for my daily pips(If I get 200 one day its more then satisfactory for me to close Forex). Out of curiosity..how many monitors do you have? While the Eur/Usd has been in the same range for 13 days now...it sounds like more unfamiliar yet volatile pairs come into play. Regardless...multiple charts require your attention ..hence the question.
Different opinions highly valued, ignorant to slander.
398 traders viewing now