EURUSD

Wallah..

actually it is 18 winners in a row, when i started counting which i think is getting ridicilous.

Seriously 18 winners? I mean, its hard not to feel invisible hehee, however, im still trying to be humble.

Thanks

Cant wait to see when you start bragging

you mean not lost any trade? thats good. but make sure you continue to be humble. happened to me few times and overconfidence drove my account back to where i started.
good luck buddy!

one of my systems just fired of sell usdcad 1.0164 sl 1.0197 tp1 1.0131 and tp2 1.0097. I like this and will take part on this trade but waiting for a retrace to the sl of the system.

FX OPTIONS: Risk-On Sees Curve Flatten Further
Risk rally has seen the curve flatten today as the US dollar is sold
across the board. Big moves higher in euro, sterling and Swiss against
the dollar has seen vols tumble. Traders report there has been a big
buyer of 1 week 1.3900 calls in euro-dollar - the amount said to be
around 700 million euros. The 1-month ATM cable vol is down to 11.40
from 11.70. The 1-month euro ATM is down at 9.50, off from 9.80
Thursday, but it is the Aussie that is markedly lower with 1-month ATM
vol at 10.60 against 11.20 Thursday. This move lower in the Aussie comes
as there has been no news out of the PBOC Friday after speculation that
they may increase the Reserve Requirement Rate. The Aussie lagged other
currencies in the latter move higher but with the chance of an
announcement today diminishing traders expectations the Aussie will
catch up if there are any risk-on rallies.

FX OPTIONS: The risk reversals for the Aussie have slipped further down
to 1.40 Aussie puts against 1.55 on Thursday. Retail sales and Univ. of
Mich survey out Friday afternoon may add some event risk but otherwise
traders say vols look set to test lower.

Provided by: Market News International

If it gets below the 8 AM EST low of 1.3741 its going all the way back down to 1.3690. Other dollar crosses also looking to rollover.

good setup (strategy) IMO:-


Here is the link of the FXDD webinars to learn it:-

http://forex.fxdd.com/webinars

after learning this simple strategy called the "goal posts",you have to setup your trading 5m chart with following horizontal lines (plot them on the 5m chart) and these H. lines every one of them represent one of these (and you use these H.lines as support or resistance):

last week close
last week high
last week low

last day close yesterday
last day high
last day low

last month close
last month high
last month low

today low
today high

the 21d sma
the 100d sma
the 200d sma

the 21 sma of the 4hr time frame
the 100 sma of the 4hr time frame
the 200 sma of the 4hr time frame

the 21h sma
the 100h sma
the 200 sma

the fbo levels from the hourly n the daily time frame charts

the remebered high/lows from the hourly,the 4hr,the daily n the weekly chart (they are extreme points worked as support or resistance in the past)

-the pivot points from the daily n the 4hr you can just for this look at this page: which can be update it automatically it is in this link and just plot the daily standard pivot points:-

http://www.actionforex.com/technical...-200603205733/

after you setup your trading 5m chart you have between time n time look at the hourly and the daily to get the main trend view:-

also add these indicators to the MT-4 they are:

-Parabolic SAR
-Fractals
-slow stochastic
-macd
-boinllinger bands
- 21sma
-100 sma
-200 sma

-fibo from up to down if it reaching a support to locate the next resistance also for the hourly and for the daily charts
fibo from down to up if it reaching a resistance to locate the next support aslo the same for the hourly n for the daily charts

= like this you will get the big picture seeing by many numbers of the the eyes of the traders to get the same data they see to make a decision,so you will get the same decision they have ..then you will be with the flow(the trend) not against it.

I wish you the best,

Woo somehow reminds me Moe from the old jolly days some two years ago. It could be quite refreshing to have him here, if he manages to avoid his foul language...

Jusf for refreshment, Moe's got ban for ever, after some time (but I still liked him).

EU seems to coming back to ranging for some time...

oh looks new to me...thank you

lol sorry guys. I just got a message, telling me i cant hav foul language. So i will be the happy and cute trader from here on.

Happy trading.

aawww how cute lol

(that was funny woo)

i don't see anyone on your igy list.
i'm asking because if i put someone on igy i don't want to argue why is he on igy
and continue the argue

thanks

thats the point I have a few ppl on my igy list but no one can see it so no worries put as many as u want on it have fun and go crazy

Is there someway to check if you're on anyone's igy list?

EDIT: Nevermind I got the answer

I agree it is really respecting that new downward trend line

WTF!!!
Two high impect news very good for usd but no reaction

hi all

Oil and Where to Go Top؟