EURUSD | Page 13189 | 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

  • #263,761
  • Jun 27, 2010 6:24pm Jun 27, 2010 6:24pm
Quoting msj_rs
I see anything!
I"'m refering to Ido370 chart (to study) which is more user friendly. But I kind of know where he comes from with this stuff (which is great) but this is no newb stuff unless you really want to learn to trade for a living.
Ehttp://cdn.forexfactory.com/images/icons/icon14.gif
  • #263,762
  • Jun 27, 2010 6:24pm Jun 27, 2010 6:24pm
Quoting clambill
Does anyone here look at Average True Range? I just want to confirm that these days are less volatile. If you switch from 4 hour to daily does it skew the results a lot?
I always look at ATR..ALWAYS..the thing i learnt from a great trader from Paraguay. Its incorporated in BW enhanced
  • #263,763
  • Jun 27, 2010 6:27pm Jun 27, 2010 6:27pm
ATR is one of the most lagging indis out there.

look at your trendlines.. its all on your chart, not on the indicator !!!

Quoting clambill
Does anyone here look at Average True Range? I just want to confirm that these days are less volatile. If you switch from 4 hour to daily does it skew the results a lot?
Follow the Trend, thats all
  • #263,764
  • Jun 27, 2010 6:34pm Jun 27, 2010 6:34pm
Quoting T@rantula
I work heavily on Black Widow enhanced...I always like to consult higher TFs and see consolidation in trends. m30 and H1 are my favorites for entries and sometimes I scalp on m15 when price is ranging but only on Murrey's lines
I have used MML for some time and these things all works btw I could even trade off pps but I have become a addict of square root of square root, which similar to mml but with a twist. mml works but my bground is stocks so I have much other stuffs that works like angles, circles...in the end you are looking for convergence to enter the trade with the odds on your side...once you get this who really needs to pay for volume feed (what a scam) ha!ah!
E
  • #263,765
  • Jun 27, 2010 6:34pm Jun 27, 2010 6:34pm
Im reffering to ATR projection. It cannot lag as it is not the line (paint) indicator. It calculates the average sum of high/low movement and its set on last 7 days

Take a look

Attached Image (click to enlarge)
Click to Enlarge Name: 3.jpg Size: 118 KB
  • #263,766
  • Jun 27, 2010 6:38pm Jun 27, 2010 6:38pm
Quoting pauly
ATR is one of the most lagging indis out there.

look at your trendlines.. its all on your chart, not on the indicator !!!
Knowledge of where the daily range is is very important before entering a trade.
trendlines are important and I agree with you.
E
  • #263,767
  • Jun 27, 2010 6:38pm Jun 27, 2010 6:38pm
EUR/USD May Gain As G-20 May Help Risk Assets

2330 GMT [Dow Jones] EUR/USD may rise toward 1.2500 this week, vs 1.2378 last, as G-20 outcome shows restraint in debt cutting goals, easing some concern that austerity measures could drag down risk-sensitive assets like EUR, says senior FX dealer at major North American bank in Japan. "Given all the worry about the financial trouble in Europe and elsewhere, the G-20 outcome doesn't set very strict guidelines for trimming debt, so I think we're going to see a slightly stronger Nikkei today," to benefit of EUR. For week, says EUR/JPY may trade up in 109.00-112.00 band. Meanwhile, tips USD/JPY in relatively narrow 89.00-91.00 range vs 89.31. Says increasing concerns over U.S. economy ahead of June non-farm payrolls later this week may continue to weigh on USD
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #263,768
  • Jun 27, 2010 6:39pm Jun 27, 2010 6:39pm
Quoting Estero
I have used MML for some time and these things all works btw I could even trade off pps but I have become a addict of square root of square root, which similar to mml but with a twist. mml works but my bground is stocks so I have much other stuffs that works like angles, circles...in the end you are looking for convergence to enter the trade with the odds on your side...once you get this who really needs volume ha!ah!
E
Well its always good to combine various approaches...And yea im a fan of divergence/convergence methods
  • #263,769
  • Jun 27, 2010 6:40pm Jun 27, 2010 6:40pm
Here is my indicator:

IF price breaks the bearFLAG, Im trading.

If not, it will be bitchy. And I will WAIT WAIT WAIT for a good entry.
Follow the Trend, thats all
  • #263,770
  • Jun 27, 2010 6:44pm Jun 27, 2010 6:44pm
Quoting pauly
ATR is one of the most lagging indis out there.

look at your trendlines.. its all on your chart, not on the indicator !!!
ATR might be lagging, but as you said it's all on the chart. Not in trendlines, but in the candles. Looking at the daily, it should be obvious that it is currently far less volatile than it was in May. A week of May alone could cover June's action.
  • #263,771
  • Jun 27, 2010 6:47pm Jun 27, 2010 6:47pm
Quoting Estero
I"'m refering to Ido370 chart (to study) which is more user friendly. But I kind of know where he comes from with this stuff (which is great) but this is no newb stuff unless you really want to learn to trade for a living.
Ehttp://cdn.forexfactory.com/images/icons/icon14.gif
Yes, I would like to learn that! I saw and don't get...
  • #263,772
  • Jun 27, 2010 6:48pm Jun 27, 2010 6:48pm
Quoting pauly
Here is my indicator:

IF price breaks the bearFLAG, Im trading.

If not, it will be bitchy. And I will WAIT WAIT WAIT for a good entry.
And where is the point when it breaks? I think we are in a bullish correction and if it goes through 1.2470/80 we can go up...
  • #263,773
  • Jun 27, 2010 6:48pm Jun 27, 2010 6:48pm
Quoting T@rantula
Well its always good to combine various approaches...And yea im a fan of divergence/convergence methods
What a scam all these indicators really... I started with all these macd, rsi etc they are like addictive like cigarettes for god sakes...I even keep an cci indi on one of my charts still and I never look at this shitty thing ...indicators are addictive and they are provided by the brokers to screw the shit out of you...my opinion. You pay for what you get in this life. Beware!
E
  • #263,774
  • Jun 27, 2010 6:55pm Jun 27, 2010 6:55pm
Quoting msj_rs
Yes, I would like to learn that! I saw and don't get...
This a nice chart ido's and rarely you will get such thing on a forum...learn it and btw you don"t need mt4 to trade profitably in fact its all a scam. oanda is all a newb need if you know where to look for. then learn how to trade.
E
  • #263,775
  • Jun 27, 2010 6:56pm Jun 27, 2010 6:56pm
Quoting Estero
What a scam all these indicators really... I started with all these macd, rsi etc they are like addictive like cigarettes for god sakes...I even keep an cci indi on one of my charts still and I never look at this shitty thing ...indicators are addictive and they are provided by the brokers to screw the shit out of you...my opinion. You pay for what you get in this life. Beware!
E
Don't hate on indi's, they work if used correctly.
  • #263,776
  • Jun 27, 2010 7:00pm Jun 27, 2010 7:00pm
tell me which one?

if its a good answer, I will tell you my indis



Quoting stevefx
Don't hate on indi's, they work if used correctly.
Follow the Trend, thats all
  • #263,777
  • Jun 27, 2010 7:02pm Jun 27, 2010 7:02pm
Quoting Estero
What a scam all these indicators really... I started with all these macd, rsi etc they are like addictive like cigarettes for god sakes...I even keep an cci indi on one of my charts still and I never look at this shitty thing ...indicators are addictive and they are provided by the brokers to screw the shit out of you...my opinion. You pay for what you get in this life. Beware!
E
BTW just tell us how you really feel! LOL. Honestly, I don't use them either, we have enough 'variables' and conflicting info to study 'as is' so I try not to make things more complicated with indi's and crossovers etc...
  • #263,778
  • Jun 27, 2010 7:03pm Jun 27, 2010 7:03pm
Quoting pauly
tell me which one?

if its a good answer, I will tell you my indis
I'm using Bull Bear Helper 4 bar + QQE to confirm. QQE filters a lot of junky consolidation trades out, and gives good early exits when strong trends die.
  • #263,779
  • Jun 27, 2010 7:06pm Jun 27, 2010 7:06pm
ok there are exactly 1.734.563.737 indis out there.

do they work?

You may start with the question, which 2 of them are used most (and only "as a hint") by professional traders.
Follow the Trend, thats all
  • #263,780
  • Jun 27, 2010 7:10pm Jun 27, 2010 7:10pm
Quoting stevefx
Don't hate on indi's, they work if used correctly.
Indicators are rarely used by newer traders in the correct fashion, if ever. For example, certain indis only work in strong trends, while some work better as a trend reversal indi. It is a fact that ALL indicators are lagging, they are based solely on historical numbers. Many indis get very confused when prices start to range or liquidity dries up, therefore it is difficult to determine if the price action is really OB or OS as indicated.
It doesnt matter what TF you trade on, all indis could stay at extremes forever if there were enough buyers or sellers. Many newbies tend to fall into the dreaded practice of thinking that indis drive price, when in fact it is exactly the opposite. They keep trading based on these fallacious signals generated by their indis and then get frustrated when they keep losing trades that were based on their complex "system"....the more indis that you use, the less big money will be trading with you, or shall I say you trading with big money and in this biz thats what will make you successful in the long term..........
409 traders viewing now