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EURUSD

  • #271,241
  • Jul 14, 2010 5:05pm Jul 14, 2010 5:05pm
By the way guys, if this dont go long I will eat my hat.

Jim

Quoting Nene
You are correct and yesteday I had a short and long trade call from those 2 points, however, before the news release as I always do I pulled both. I had one of my students scream because he got taken in and was pissed why I didnt tell him. Well, the short of it is, I was asleep but I had the timer for pulling off the trade set at 5 AM so if there was a whip I would not be pulled in. Bottom line is to be clear of news releases 2 hours before and 2 hours after. This turned into a sucker bar trade which at 10 oclock I entered long. That is where I...
  • #271,242
  • Jul 14, 2010 5:06pm Jul 14, 2010 5:06pm
Top support held when tested, and now we are just looking for a clean bounce.
  • #271,243
  • Jul 14, 2010 5:07pm Jul 14, 2010 5:07pm
Quoting Nene
By the way guys, if this dont go long I will eat my hat.

Jim
I "guess" it all depends in Chinese data coming in a few hours.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #271,244
  • Jul 14, 2010 5:08pm Jul 14, 2010 5:08pm
Quoting kandarv
i thought that was in the moon.
the dark side is in every place
ブードゥー教
  • #271,245
  • Jul 14, 2010 5:22pm Jul 14, 2010 5:22pm
from where we are right now???

don't we need to go down for a breather?

hapipipin

Quoting Nene
By the way guys, if this dont go long I will eat my hat.

Jim
dreams do come true.
  • #271,246
  • Jul 14, 2010 5:27pm Jul 14, 2010 5:27pm
Quoting wannaberich
from where we are right now???

don't we need to go down for a breather?

hapipipin
remember the mirror image? well had you entered there you would be locked in at be atm. or sitting with 50 pips in your account
those who can, do. those who cant, talk about those who can
  • #271,247
  • Jul 14, 2010 5:31pm Jul 14, 2010 5:31pm
Now it seems more and more likely we will see 1,312X (38,20 FIB) before going back to 1,248X. USD is just weakening (inflation expectance down, 0-0,25% to stay, etc.), not that EUR is so much better.
  • #271,248
  • Jul 14, 2010 5:34pm Jul 14, 2010 5:34pm
Quoting gatorinla
remember the mirror image? well had you entered there you would be locked in at be atm. or sitting with 50 pips in your account
How do we get the "mirror image" I get the chart going in one direction only.

TF
  • #271,249
  • Jul 14, 2010 5:37pm Jul 14, 2010 5:37pm
Quoting TradeForexFx
How do we get the "mirror image" I get the chart going in one direction only.

TF
change mirror setting from false to true
Attached Image
those who can, do. those who cant, talk about those who can
  • #271,250
  • Jul 14, 2010 5:41pm Jul 14, 2010 5:41pm
spiling it out of my ears....





Quoting gatorinla
remember the mirror image? well had you entered there you would be locked in at be atm. or sitting with 50 pips in your account
dreams do come true.
  • #271,251
  • Jul 14, 2010 5:43pm Jul 14, 2010 5:43pm
Quoting gatorinla
its just another tool not the holy grail
but it can show a reasonable place for a sl and tp. good for range trade
Attached Image (click to enlarge)
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those who can, do. those who cant, talk about those who can
  • #271,252
  • Jul 14, 2010 5:49pm Jul 14, 2010 5:49pm
it is a holy grail, indeed


Quoting gatorinla
but it can show a reasonable place for a sl and tp. good for range trade
Follow the Trend, thats all
  • #271,253
  • Jul 14, 2010 6:00pm Jul 14, 2010 6:00pm
Quoting gatorinla
change mirror setting from false to true
Got it, thanks
  • #271,254
  • Jul 14, 2010 6:25pm Jul 14, 2010 6:25pm
Quoting TradeForexFx
Got it, thanks
go back to the settings.. you can change the black to a color you like. it will put some levels on your chart. sometimes they are respected. i wish it had a fib option.
those who can, do. those who cant, talk about those who can
  • #271,255
  • Jul 14, 2010 6:25pm Jul 14, 2010 6:25pm
off to bed here in the UK, but we'll see how this unfolds in the asian session and into the UK sesh tomorow morning.
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  • #271,256
  • Jul 14, 2010 6:41pm Jul 14, 2010 6:41pm
G'day y'all.
Not all sins are created equal
  • #271,257
  • Jul 14, 2010 6:42pm Jul 14, 2010 6:42pm
Quoting gatorinla
change mirror setting from false to true
Gator: I cannot find the menu option 'mirror image' in Meta Trader 4 in inputs/custom indicators - any ideas? Regards
  • #271,258
  • Jul 14, 2010 6:43pm Jul 14, 2010 6:43pm
Quoting Jay Walker
G'day y'all.

jay what up
  • #271,259
  • Jul 14, 2010 6:45pm Jul 14, 2010 6:45pm
day is ending on this side of the world. good trading night to u!

bye Gator, thanks for the help, good night everyone...
dreams do come true.
  • #271,260
  • Jul 14, 2010 6:48pm Jul 14, 2010 6:48pm
Quoting Spik
Now it seems more and more likely we will see 1,312X (38,20 FIB) before going back to 1,248X. USD is just weakening (inflation expectance down, 0-0,25% to stay, etc.), not that EUR is so much better.

nice my tp1 1.2580 . but not go up...!!!
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