EURUSD | Page 15216 | 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

  • #304,301
  • Oct 11, 2010 12:49pm Oct 11, 2010 12:49pm
Quoting gatorinla
as you widen stops you % of sl should not change. if your have problems use less then 1 %... you tp should be a realistic # for your time frame. your tp at least should be 2x your sl.. move to be when able. let winners run.. just move sl up with the trend.
Here's a stupid question for you Gatorlina; stops and sl (I thought that stood for stop loss). Are these 2 things not the same then? For example, I decide to place a trade for say, 1 unit per point (unit being GBP) with a sl of 20. Is that not the same as the stop? Oops, think I've been getting something wrong here.

I have tried to move the sl when the trade is in profit but usually end up just taking the small profit instead in the daft belief that I will end up with zero - cos that happens most times when I leave the trade to run ...

I'm glad this is a quiet time otherwise I would be totally bothering you
  • #304,302
  • Oct 11, 2010 12:50pm Oct 11, 2010 12:50pm
low at 1,3650 of the 5 oct and high of 1,4020 the 7th
fibbonacis 50% retracement to 1,3840, what do you think?
  • #304,303
  • Oct 11, 2010 12:54pm Oct 11, 2010 12:54pm
Quoting infinitus
try a short now at 3898
short closed, waiting for last upthrust, maybe 3907
  • #304,304
  • Oct 11, 2010 12:55pm Oct 11, 2010 12:55pm
Quoting bluesoul
Interesting thing is this that most of beginners do the same mistakes, 100%same mistakes at the same time. It seems that market has its own brain. Anyways i stopped live after losing, i would like to thank everybody here who are guiding me, and Special Thanks to DMA & Z3iz3i,

DMA, i couldn't stop the temptation of live even i was losing, but after i started acting upon your advice, much better now, no itching of live right now, only studying.
You sound like a really smart guy, I need to follow your, and the rest of the FF gang's advice. IG don't do practice accounts but there are plenty of others who do.

Seriously though, I really appreciate you all taking the time to reply to my little cry for help. I'm neither upset nor pulling my hair out, I'm going off to dance!! Sometimes the oldies at the ballroom class think they are riding the dodgem cars the way they bump into you
  • #304,305
  • Oct 11, 2010 12:56pm Oct 11, 2010 12:56pm
Quoting infinitus
short closed, waiting for last upthrust, maybe 3907
Do I feel stupid right now?
  • #304,306
  • Oct 11, 2010 12:56pm Oct 11, 2010 12:56pm
Quoting infinitus
short closed, waiting for last upthrust, maybe 3907
3908 is my number for resistance, hourly close though I'm afraid.
Look Sharp/Trade Tight
  • #304,307
  • Oct 11, 2010 12:59pm Oct 11, 2010 12:59pm
Quoting Lorna
You sound like a really smart guy, I need to follow your, and the rest of the FF gang's advice. IG don't do practice accounts but there are plenty of others who do.

Seriously though, I really appreciate you all taking the time to reply to my little cry for help. I'm neither upset nor pulling my hair out, I'm going off to dance!! Sometimes the oldies at the ballroom class think they are riding the dodgem cars the way they bump into you
I can't recommend something, as im also a beginner, but i have planned to study and practice for at least 4 or maybe 6 months, till i can triple my account using same techniques.
You may learn from above lines, its free

you dont even know the basic things, for that you must learn first b4 live. otherwise if you are happy with your loses, thats your choice.
Holy Grail - Patience and Acceptance
  • #304,308
  • Oct 11, 2010 1:02pm Oct 11, 2010 1:02pm
Quoting Lorna
Here's a stupid question for you Gatorlina; stops and sl (I thought that stood for stop loss)....
first you have to find a trading style. you cant come here and take advice from 20 different people all with different styles of trading. you will automatically lose. what is your trading style and tf you like?
those who can, do. those who cant, talk about those who can
  • #304,309
  • Oct 11, 2010 1:04pm Oct 11, 2010 1:04pm
Quoting plumiash
nice advice paul!

however, no matter the technical or fundamental reason we do in our trading style, your number 6 and 7 is the most important starting point..

I've lost so much money in the first 2 year i'm starting trade in forex market. It's just because those two things..

ego, greed and stubbornness.. kills me..
Not been doing this too long but been in business all my life.

I feel that analysis fundamental or tecnical is too give us a feeling of control.
In reality we have none.
but we can determine our losses with stops.
And I agree when we get a profitable trade ,try to stay in, add too it,Do whatever to maximise the profit.
I can enter on color of candles and be 50% right but the above will determine whether am profitable or not.
Try it lol get 5 minute chart count the candles as far back as you want you will find 50% green/red if over long enough.the worst i got was 56/44 ratio.
making green pips large and red pips small this is my goal.
  • #304,310
  • Oct 11, 2010 1:08pm Oct 11, 2010 1:08pm
Nice trend break, for now we have a little support on 1.3870, on the BB, maybe a short rebound or retest of the brokern trend line.I'm short for 1.3910. TP: 1.3800
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 44 KB
  • #304,311
  • Oct 11, 2010 1:13pm Oct 11, 2010 1:13pm
still waiting eu down & usdx up some .eu to 3906-10-23 may be ok too in this race before down .
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx2.gif Size: 10 KB
Click to Enlarge Name: eu2.gif Size: 8 KB
Click to Enlarge Name: dx1.gif Size: 7 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #304,312
  • Oct 11, 2010 1:16pm Oct 11, 2010 1:16pm
is it right? ready to fall?
Attached Image (click to enlarge)
Click to Enlarge Name: epattern.gif Size: 29 KB
  • #304,313
  • Oct 11, 2010 1:28pm Oct 11, 2010 1:28pm
Quoting bluesoul
Interesting thing is this that most of beginners do the same mistakes, 100%same mistakes at the same time. It seems that market has its own brain. Anyways i stopped live after losing, i would like to thank everybody here who are guiding me, and Special Thanks to DMA & Z3iz3i,

DMA, i couldn't stop the temptation of live even i was losing, but after i started acting upon your advice, much better now, no itching of live right now, only studying.
you are welcome my friend.

"Failure is success if we learn from it."Malcom S. Forbes
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #304,314
  • Oct 11, 2010 1:28pm Oct 11, 2010 1:28pm
Quoting infinitus
Do I feel stupid right now?
don't worry about it.. its coming.. i hate qe bs talk.. but its here and baked in the pie. we got japan the u.s. and GB talking qe... u.s. qe automatically puts china in the devalue circle, because of usd peg. the last one standing of the 4 majors is ez... they are all alone.. Germany is the engine for ez due to exports. the other 3 just lowered their prices. making the euro more expensive. now add in the china syndrome. it makes gdp in Germany toppy.. and it wont be long before the screams. to loosen up or not is the big ez question. each tick threatens the euro's survival.
those who can, do. those who cant, talk about those who can
  • #304,315
  • Oct 11, 2010 1:30pm Oct 11, 2010 1:30pm
Quoting peyman
is it right? ready to fall?
yep.. its been talked about..
those who can, do. those who cant, talk about those who can
  • #304,316
  • Oct 11, 2010 1:33pm Oct 11, 2010 1:33pm
Quoting peyman
is it right? ready to fall?
may be yes , lets see how far 4038 exact not happened but very nearer & who knows it may need them too .
fontu
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 8 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #304,317
  • Oct 11, 2010 1:34pm Oct 11, 2010 1:34pm
Quoting fontu
may be yes , lets see how far 4038 exact not happened but very nearer & who knows it may need them too .
fontu
looking too perfect but it makes sense i must admit. lets see...
  • #304,318
  • Oct 11, 2010 1:40pm Oct 11, 2010 1:40pm
I'm not even thinking about shorting the E/U until GOLD stops flying.
  • #304,319
  • Oct 11, 2010 1:42pm Oct 11, 2010 1:42pm
ATHENS (Dow Jones)-Greece's nine month central government budget deficit fell 31.1%, which beat expectations of a 26.9% drop demanded by its international lenders, the Finance Ministry said Monday.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #304,320
  • Oct 11, 2010 1:43pm Oct 11, 2010 1:43pm
hi guys...i have no idea how good this is but just thought maybe be of value to fellow traders...i just came a cross a webiste called getinfree.com

the video says that anyone that introduce people to the social network iste can than earn credits which can be matched for every dollar funded with a broker called fxprimus up to usd 10k

just wanted to share the news...i am not giving any referral link as i do not want tob boooted out of this forum as i find this thread valuable to my trading but also felt that i should this news as my way of saying thx to the members here...
929 traders viewing now