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EURUSD

  • #265,761
  • Jul 1, 2010 4:32am Jul 1, 2010 4:32am
Quoting forexings
EU may down because EC will keep pressure until 1.3005.
Once EC go below 1.3 EU may break 1.2150 support.

But everything depends on 1.2315 resistance.
Sorry dude but can't understand what are you trying to tell
  • #265,762
  • Jul 1, 2010 4:34am Jul 1, 2010 4:34am
EU is struggling around the monthly EMA200 line. Good time for range trading since this line will be definitely broken.
I prefere the crosstrading with EU up and EJ down and vice versa.
  • #265,763
  • Jul 1, 2010 4:35am Jul 1, 2010 4:35am
I've got a Short@ 1.2292 SL 1.2338 TP 1.2150

Hoping this resistance holds.

Another Short GBP/USD@ 1.4931 SL 1.4951 TP 1.4760
  • #265,764
  • Jul 1, 2010 4:37am Jul 1, 2010 4:37am
Ha ha Cloggie did you fall out of the wrong side of bed today.

Happy Guy :- I make 300 pips a month listening to this guy
Cloggie response :- All Analysts are Wan$ÊRs

Then :-
“let's be honest most traders are so thick they can't string two words together to form a sentence.”

Prosac reaches foer the spell checker butt Cann’t find itt.

PS nice entry and exits on dem longs by the way
  • #265,765
  • Jul 1, 2010 4:38am Jul 1, 2010 4:38am
Quoting Predi
Sorry dude but can't understand what are you trying to tell
EC= EURCHF
EU= EURUSD
You cannot learn better without losing
  • #265,766
  • Jul 1, 2010 4:41am Jul 1, 2010 4:41am
EURCHF is safe to trade.
Made all positive pips since last month
You cannot learn better without losing
  • #265,767
  • Jul 1, 2010 4:44am Jul 1, 2010 4:44am
Quoting PIPMunch
I've got a Short@ 1.2292 SL 1.2338 TP 1.2150

Hoping this resistance holds.

Another Short GBP/USD@ 1.4931 SL 1.4951 TP 1.4760
It will hold.
I went short from 2310

good entry on GU I got him from 4921
A little beginner trader since 2006
  • #265,768
  • Jul 1, 2010 4:44am Jul 1, 2010 4:44am
Price is almost near 1.2350, which is a major reversal level for $eurusd.
  • #265,769
  • Jul 1, 2010 4:46am Jul 1, 2010 4:46am
Quoting forexings
EU may down because EC will keep pressure until 1.3005.
Once EC go below 1.3 EU may break 1.2150 support.

But everything depends on 1.2315 resistance.
Good view , nice job , take care.
A little beginner trader since 2006
  • #265,770
  • Jul 1, 2010 4:50am Jul 1, 2010 4:50am
Quoting topcat_01
Hello all!
Sorry to take it slightly off topic but I'm relatively new to the trading market
and was hoping for any tips on which pairings might be best for scalping?
I've made profits on the GBP/USD but was wondering if there is better markets out there?

Thanks
And what's best for drawing? Pencil? Ballpoint? Gel pen? You either can draw or you cannot. The tool doesn't matter.

Learn how to trade and choose your tool. Take eurusd - if you can't make some money with it, you won't do this with any other pair. You either know how to trade or you don't.

There's no easy pair. There's no easy way of trading (e.g. scalping). You trade or you don't trade. Doesn't matter how fast you close your position, or how many pips you want.

Learn about forex trading. Not about scalping gbpusd. It's like trying to learn how to draw by just reading tutorials on drawing hands.

P.S.

And by the way - sell on rallies!
  • #265,771
  • Jul 1, 2010 4:52am Jul 1, 2010 4:52am
Quoting Prosac_100Mg
Ha ha Cloggie did you fall out of the wrong side of bed today.


Nah, just stating the facts really, I just love how people quote trade signal providers here and when they are wrong all goes silent, when they are right they go on about it for pages on end. When people say they make 300 pips of these guys, they probably trade their own signals, mentally ignoring calls they disagree with and only accepting the calls they see on the charts, at the end of the month they think the signal provider is fab while if they would do a proper audit they realise they actually trade their own signals.
  • #265,772
  • Jul 1, 2010 4:52am Jul 1, 2010 4:52am
Thankyou for your help last night.

I added a channel until I get good at constructing them with the channel tool in MT4. Im using this 1 hr and 5 min for entry. I can see the importance more today of drawing my own support resistance lines as Im interacting with the chart and price action while drawing them. Which must be good for me to internalize these after lots of practice.

Last night you wrote.

you need bars or candles to be able to see the waves forming
May I ask you please to show an example of how you see the waves forming?
I can not see what you see in this area , but Im enthusiastic to learn.

All the best
Ian
Attached Image (click to enlarge)
Click to Enlarge Name: rvi 25 ma 200 ema with shi channel.jpg Size: 120 KB
  • #265,773
  • Jul 1, 2010 4:54am Jul 1, 2010 4:54am
Probably it will go down to1.22175 or downer . i think its selling time for E/U . You can see my claim in the graphic above.
Attached Image (click to enlarge)
Click to Enlarge Name: Ads?z.jpg Size: 129 KB
  • #265,774
  • Jul 1, 2010 4:54am Jul 1, 2010 4:54am
Quoting T.E.Lawrence
And what's best for drawing? Pencil? Ballpoint? Gel pen? You either can draw or you cannot. The tool doesn't matter.

Learn how to trade and choose your tool. Take eurusd - if you can't make some money with it, you won't do this with any other pair. You either know how to trade or you don't.

There's no easy pair. There's no easy way of trading (e.g. scalping). You trade or you don't trade. Doesn't matter how fast you close your position, or how many pips you want.

Learn about forex trading. Not about scalping gbpusd. It's like trying to...
Well said!
  • #265,775
  • Jul 1, 2010 4:58am Jul 1, 2010 4:58am
Quoting Jhig
Price is almost near 1.2350, which is a major reversal level for $eurusd.
So u think it's going to go up?
  • #265,776
  • Jul 1, 2010 5:00am Jul 1, 2010 5:00am
Quoting ianlikesgolf
Thankyou for your help last night.

I added a channel until I get good at constructing them with the channel tool in MT4. Im using this 1 hr and 5 min for entry. I can see the importance more today of drawing my own support resistance lines as Im interacting with the chart and price action while drawing them. Which must be good for me to internalize these after lots of practice.

Last night you wrote.

you need bars or candles to be able to see the waves forming
May I ask you please to show an example of how you see the waves forming?
I can...

Ian if you use the ZigZag indicator with settings 6,3,1 that should help. If your search for ZigZag indicator you should find it
  • #265,777
  • Jul 1, 2010 5:03am Jul 1, 2010 5:03am
Quoting cloggie
Nah, just stating the facts really, I just love how people quote trade signal providers here and when they are wrong all goes silent, when they are right they go on about it for pages on end. When people say they make 300 pips of these guys, they probably trade their own signals, mentally ignoring calls they disagree with and only accepting the calls they see on the charts, at the end of the month they think the signal provider is fab while if they would do a proper audit they realise they actually trade their own signals.
I think i understand what you are trying to do / achieve with these regular suggestions I am curently trying to digest your latest contribution on the cable thread about , new channels forming and using that as a basis for your future trading. I think i will spend the rest of the day trying to get my head around those thoughts instead of watching candles go up and down.
  • #265,778
  • Jul 1, 2010 5:05am Jul 1, 2010 5:05am
...sell on rallies...
  • #265,779
  • Jul 1, 2010 5:07am Jul 1, 2010 5:07am
Selling @ 2294.

Let's see what happens
  • #265,780
  • Jul 1, 2010 5:09am Jul 1, 2010 5:09am
Good moment for a 10 sec., 30 sec. trading.
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