EURUSD | Page 11053 | 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

  • #221,041
  • Apr 6, 2010 8:10am Apr 6, 2010 8:10am
RPM – Ratio of buyers/sellers indicator, shows that traders are attempting to pick bottoms on the EurUsd as price breaks new lows.

The current RPM is 1.18. This indicates there are 1.18 buyers for every seller.

Although this is not a high ratio, the change in the trend is significant.

You can see in the chart below that the EurUsd is making new lows.

The RPM (also known as the herd indicator) has gone from showing a net sell position on April 5th to a net long as traders add to their long positions trying to pick bottoms.

Live herding charts avail here.

http://i260.photobucket.com/albums/i...8D9C/image.png
  • #221,042
  • Apr 6, 2010 8:10am Apr 6, 2010 8:10am
Quoting uraceulose
Mike,

Thank you so much for the video!

Donnie
pivots, practice, patience and pu...

pudding.

m
  • #221,043
  • Apr 6, 2010 8:11am Apr 6, 2010 8:11am
Quoting acumen
do you know how many counter trend traders make a living at this game?

.0000001 %

but you go ahead.

m

Where did you get your statistics ?
COT: The precious data ignored
  • #221,044
  • Apr 6, 2010 8:11am Apr 6, 2010 8:11am
Quoting acumen
the hardest part about trading (in my opinion) is waiting.

m
So true.. In 90% of the times I cannot wait enough on H4 and start shooting

left and right too early.. Don't even ask about Daily TF. Can take days or

even weeks till signal gets changed from one to the other.. Very hard to sit

still...
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #221,045
  • Apr 6, 2010 8:12am Apr 6, 2010 8:12am
Quoting rpmfxtrader
RPM – Ratio of buyers/sellers indicator, shows that traders are attempting to pick bottoms on the EurUsd as price breaks new lows.

The current RPM is 1.18. This indicates there are 1.18 buyers for every seller.

Although this is not a high ratio, the change in the trend is significant.

You can see in the chart below that the EurUsd is making new lows.

The RPM (also known as the herd indicator) has gone from showing a net sell position on April 5th to a net long as traders add to their long positions trying to pick bottoms.

Live herding...
nice post
  • #221,046
  • Apr 6, 2010 8:12am Apr 6, 2010 8:12am
Quoting PriceVolume
...and worse yet, no prudence.
Quoting ak4x
Attachment

Prudence is Good... gotta have Prudence.
Quoting akhtergroup
There is no patience....
OK, We'll add some Patience to Prudence (( = The Holy Grail?))

Attached Image
FUBAR...
  • #221,047
  • Apr 6, 2010 8:13am Apr 6, 2010 8:13am
Quoting kuroro001
Where did you get your statistics ?
i made them up.
  • #221,048
  • Apr 6, 2010 8:14am Apr 6, 2010 8:14am
Quoting ak4x
OK, We'll add some Patience to Prudence (( = The Holy Grail?))

Attachment
damn, imagine coming home and everyone looks the same...
  • #221,049
  • Apr 6, 2010 8:14am Apr 6, 2010 8:14am
Quoting SkyzerFX
So true.. In 90% of the times I cannot wait enough on H4 and start shooting

left and right too early.. Don't even ask about Daily TF. Can take days or

even weeks till signal get changed from one to the other.. Very hard to sit

still...
i might suggest staying away from the coffee and moving to 40mg/Ritalin daily.
  • #221,050
  • Apr 6, 2010 8:15am Apr 6, 2010 8:15am
Nothing worried yet so far , still eyes on the target before or after fomc.and reacting 3350 may have augmented the further low , below 1.3315 , next level,the very bottom.
fontu
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #221,051
  • Apr 6, 2010 8:16am Apr 6, 2010 8:16am
Quoting acumen
no one is listening.
You and a few other traders is why I check in. The rest is just good clean fun. Helps with the wait.

The eu is going to rocket to 1.60 today Sky told me so.
  • #221,052
  • Apr 6, 2010 8:18am Apr 6, 2010 8:18am
Quoting homestudy

The eu is going to rocket to 1.60 today Sky told me so.
if this is guaranteed, i will be bold and buy 1000 units.
  • #221,053
  • Apr 6, 2010 8:20am Apr 6, 2010 8:20am
Quoting acumen
use to love them.

m

I still hate them.
If only I knew then what I know now...
  • #221,054
  • Apr 6, 2010 8:21am Apr 6, 2010 8:21am
1.3386 been hit 3 times now, ought to head lower soon
Prices oscillate, trends persist. Trend is your friend.
  • #221,055
  • Apr 6, 2010 8:23am Apr 6, 2010 8:23am
Quoting Mr Hatch
if this is guaranteed, i will be bold and buy 1000 units.
Yup thats call +or- 500 pips
  • #221,056
  • Apr 6, 2010 8:25am Apr 6, 2010 8:25am
Quoting homestudy
You and a few other traders is why I check in. The rest is just good clean fun. Helps with the wait.

The eu is going to rocket to 1.60 today Sky told me so.
maybe not today.

m
  • #221,057
  • Apr 6, 2010 8:30am Apr 6, 2010 8:30am
Skyzer, you posted a spreadsheet yesterday regarding USD pairs...still weak?

You are mixing macro with micro.
Prices oscillate, trends persist. Trend is your friend.
  • #221,058
  • Apr 6, 2010 8:33am Apr 6, 2010 8:33am
I'm no longer wondering why people lose if I read posts of sky and imagine others hook up on that.

I never lost an account in my life and am successful since years as serious investor (not only forex and I do not call me a trader, though). I'm asking myself how anybody can ignore the main trend line still unbeaten and dream long, long, long, while the fundamentals, techs and every guy with a brain cell tells its going down middle term wise. Plus I'm wondering what that vouching system here is good for if I look at his profile. Plus I'm wondering why some mods let not pass my opinions on the matter here. If your hooked up on that bs too and lost going long, it's your own problem.

As long as the main tl of the dt since end of last year is unbroken, there is middle term NO LONG TREND. Just retracements! Any baby with a sucker can see that.
Attached Image (click to enlarge)
Click to Enlarge Name: pip.PNG Size: 33 KB
Sometimes I lose. Sometimes the others win.
  • #221,059
  • Apr 6, 2010 8:37am Apr 6, 2010 8:37am
dow gettin ready to go positive
hang on to your bread......unless you want toast
  • #221,060
  • Apr 6, 2010 8:38am Apr 6, 2010 8:38am
Quoting jsspmk
Skyzer, you posted a spreadsheet yesterday regarding USD pairs...still weak?
You are mixing macro with micro.
It's changing all the time, you know.. Dollar not the strongest, EUR just weak.
Attached Image (click to enlarge)
Click to Enlarge Name: 04-06-EU.gif Size: 64 KB
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
326 traders viewing now