EURUSD | Page 15268 | 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

  • #305,341
  • Oct 12, 2010 8:10pm Oct 12, 2010 8:10pm
Quoting enterfx
Brutal market, yes. Ruined a few trades. However, if we have started wave 3 down and we have a top in place, it's quite normal to retrace and test broken tl's. We may just finished that. Remains to see, but I am short @ 3943. Tight sl.

#305327


Good short entry. My cumulative short is at 3941

I would say, many pips to us..... :-)
  • #305,342
  • Oct 12, 2010 8:15pm Oct 12, 2010 8:15pm
Quoting enterfx
Brutal market, yes. Ruined a few trades. However, if we have started wave 3 down and we have a top in place, it's quite normal to retrace and test broken tl's. We may just finished that. Remains to see, but I am short @ 3943. Tight sl.

#305327
you are perfectly right with the retracement to the broken areas... my worst and most feared enemy. when i get a very good entry, it can easily move 100 pips in my direction, but it comes back to me to eat my sl at be. happened to all 5 trades i did the last 2 days... and the one looser, of course. but that one was my fault, because i didn't adjust the sl-settings.
  • #305,343
  • Oct 12, 2010 8:17pm Oct 12, 2010 8:17pm
3995 test back to 3950/30 range? I'll throw in a mini lot sl 15 @ 3936 target 3995 +9 pips SL BE +15
Founder of Sutherland Wave Principle
  • #305,344
  • Oct 12, 2010 8:19pm Oct 12, 2010 8:19pm
Quoting nawafasad1
even the best of traders get it a lot of times wrong but it s a very good and strong way of trading cause if you were wrong it s alright you ll just have to relabel your count
Hi Nawafasad,

good to se you here :-)


People often have the habit to slander Elliott Wave when Elliotticans have to recount.

But recounting is absolutely normal. No one has a crystal ball. But with EW one can set up high probability trades by looking in the future, and not by looking in the past like with classical TA.

Traders have to be flexible.


Look at actual PA. Now the movements make sense.

The last part of the c-wave (running now for nearly 2 hours - the subwave five after the triangle) is forming a ending diagonal.

You can count (start is end of wave e in triangel): 1-2-3-4-(3-3-3-3-3)

Should now be ready to drop
  • #305,345
  • Oct 12, 2010 8:22pm Oct 12, 2010 8:22pm
Quoting infinitus
Good short entry. My cumulative short is at 3941

I would say, many pips to us..... :-)

Closed it at b/e. i saw futures, gold and oil rising. Lost confidence in this entry.
  • #305,346
  • Oct 12, 2010 8:25pm Oct 12, 2010 8:25pm
Quoting enterfx
Closed it at b/e. i saw futures, gold and oil rising. Lost confidence in this entry.
The broken daily trendline is higher - watch PA when it gets there....
  • #305,347
  • Oct 12, 2010 8:26pm Oct 12, 2010 8:26pm
Quoting infinitus
Hi Nawafasad,

good to se you here...
Should now be ready to drop - LOL

Typed it an PA went north


Now we need our alternatives......
  • #305,348
  • Oct 12, 2010 8:26pm Oct 12, 2010 8:26pm
Quoting Mr Hatch
you are perfectly right with the retracement to the broken areas... my worst and most feared enemy. when i get a very good entry, it can easily move 100 pips in my direction, but it comes back to me to eat my sl at be. happened to all 5 trades i did the last 2 days... and the one looser, of course. but that one was my fault, because i didn't adjust the sl-settings.
It happened to me just early this morning during the NY session. I think i need to set my target for each day...once i accumulate some number of pips i close my orders just to lock in my profits tight. With the news and other fundamentals it is really hard to tell

Good Pips to all
  • #305,349
  • Oct 12, 2010 8:27pm Oct 12, 2010 8:27pm
Quoting Geppy
I'm looking to get short EUR/USD @ 1.3965 and GBP/USD @ 1.5850... details in the blog, but I think we're due for a bit of a correction before the bullish trend continues the march higher.
Annnnnnd I'm now short eur/usd from 1.3965
check out my blog: forexmademillionaire dot com
  • #305,350
  • Edited 9:01pm Oct 12, 2010 8:31pm | Edited 9:01pm
950 HOLD HOLD Feels good :-) closed +23 pips short at 3961 target 3861
Founder of Sutherland Wave Principle
  • #305,351
  • Oct 12, 2010 8:35pm Oct 12, 2010 8:35pm
Quoting PriceVolume
The broken daily trendline is higher - watch PA when it gets there....

Yes watching it. Confluence in the way, It does not allways retrace 100%.


Attached Image (click to enlarge)
Click to Enlarge Name: euoct13b.gif Size: 16 KB
  • #305,352
  • Oct 12, 2010 8:36pm Oct 12, 2010 8:36pm
Go long f@#kers!

Keiser said so. Skip to 2:50 or so on the first part.

Inserted Video



Inserted Video
Not all sins are created equal
  • #305,353
  • Oct 12, 2010 8:36pm Oct 12, 2010 8:36pm
Quoting infinitus
Hi Nawafasad,

good to se you here :-)


People often have the habit to slander Elliott Wave when Elliotticans have to recount.

But recounting is absolutely normal. No one has a crystal ball. But with EW one can set up high probability trades by looking in the future, and not by looking in the past like with classical TA.

Traders have to be flexible.


Look at actual PA. Now the movements make sense.

The last part of the c-wave (running now for nearly 2 hours - the subwave five after the triangle) is forming a ending diagonal.

You can...
yes you r right and there is levels to show us that our count is invalid which in a way its our s loss . good luck to you my friend on whatever count you have . i m in shorting it now target 1.3850 area and i ll watch what will happen there .
  • #305,354
  • Oct 12, 2010 8:38pm Oct 12, 2010 8:38pm
Quoting Geppy
Annnnnnd I'm now short eur/usd from 1.3965
Be careful. Now significant levels are broken.

Right now I can imagine a broad triangle formation. If it is one, we are in a wave four action. And this leg of the triangel would conclude around our last top or a little bit higher since it seems to expand.

I would like that idea, because the e leg would be good tradable and the following concluding wave 5 too.
  • #305,355
  • Oct 12, 2010 8:41pm Oct 12, 2010 8:41pm
Quoting infinitus
Be careful. Now significant levels are broken.

Right now I can imagine a broad triangle formation. If it is one, we are in a wave four action. And this leg of the triangel would conclude around our last top or a little bit higher since it seems to expand.

I would like that idea, because the e leg would be good tradable and the following concluding wave 5 too.
do you still believe in short since yesterday or you switch to longs ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #305,356
  • Oct 12, 2010 8:43pm Oct 12, 2010 8:43pm
Quoting infinitus
Be careful. Now significant levels are broken.

Right now I can imagine a broad triangle formation. If it is one, we are in a wave four action. And this leg of the triangel would conclude around our last top or a little bit higher since it seems to expand.

I would like that idea, because the e leg would be good tradable and the following concluding wave 5 too.
Stop is at 1.4040 and I'll add shorts all the way to 1.4020 if it goes that high... the risk/reward here is just too delicious not to be shorting.
check out my blog: forexmademillionaire dot com
  • #305,357
  • Oct 12, 2010 8:43pm Oct 12, 2010 8:43pm
if anyone took this trade on take good partial profit at this level and i will add when pullback occur . gl
Attached Image (click to enlarge)
Click to Enlarge Name: ej222.gif Size: 18 KB
  • #305,358
  • Oct 12, 2010 9:03pm Oct 12, 2010 9:03pm
Quoting Mr Hatch
you are perfectly right with the retracement to the broken areas... my worst and most feared enemy. when i get a very good entry, it can easily move 100 pips in my direction, but it comes back to me to eat my sl at be. happened to all 5 trades i did the last 2 days... and the one looser, of course. but that one was my fault, because i didn't adjust the sl-settings.

Bull/bear fight top.
When and if we turn south from here, it should be a more smooth sailing, I would say. However in todays wild market things can get pretty volatile.

I am not allways good with my tp's either. This morning I saw a clear div on m30 and m15, but ignored it because price dropped further and I went to bed. the rest is history...
  • #305,359
  • Oct 12, 2010 9:09pm Oct 12, 2010 9:09pm
Quoting Geppy
Stop is at 1.4040 and I'll add shorts all the way to 1.4020 if it goes that high... the risk/reward here is just too delicious not to be shorting.
The same guy that was just ripping people up last week for going short. Well hate to tell you buddy, but I believe that you missed the short train. The best stop was the area I showed you last week on my simple chart. Now on the other hand, The conductor is now accepting boarding passes for the ride north. And it looks like it may be an express right through my previous resistance from last chart. Have fun!
All that is left in FF is just plain garbage. "Cloggie"
  • #305,360
  • Oct 12, 2010 9:10pm Oct 12, 2010 9:10pm
Quoting enterfx
Bull/bear fight top.
When and if we turn south from here, it should be a more smooth sailing, I would say. However in todays wild market things can get pretty volatile.

I am not allways good with my tp's either. This morning I saw a clear div on m30 and m15, but ignored it because price dropped further and I went to bed. the rest is history...
i need to get rid of this, soon. http://forum.worldofplayers.de/forum...lies/s_032.gif

btw: the statistics of murray math turning points when pa moved a certain amount of levels has just been tricked by current pa.
assuming the majority of traders has p=64, pa just rests until the levels redraw. just happened on m15. it crossed +2 and right now we're at the pivot between +1 and +2. market is completely fucked up.
390 traders viewing now