EURUSD | Page 17293 | 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

  • #345,841
  • Dec 14, 2010 5:20pm Dec 14, 2010 5:20pm
I still don't get what I'm doing wrong, I sold at 1.3365 got stopped out 50 pips higher. I then open a long en am now 50 pips in red yet again.

so I'm always the wrong way eventhough I followed my plan. I just don't get it
  • #345,842
  • Dec 14, 2010 5:22pm Dec 14, 2010 5:22pm
Quoting reaperunique
I still don't get what I'm doing wrong, I sold at 1.3365 got stopped out 50 pips higher. I then open a long en am now 50 pips in red yet again.

so I'm always the wrong way eventhough I followed my plan. I just don't get it

My question is here. I read through your posts. are you on demo that is my first question? Are you using indicators?

In light today was very very volatile, there are reasons it was volatile. Can I ask why you went long? and now why are you short?
Attached Image (click to enlarge)
Click to Enlarge Name: useless indicators.gif Size: 43 KB
Know when to hold em, Know when to fold em!
  • #345,843
  • Dec 14, 2010 5:31pm Dec 14, 2010 5:31pm
Quoting gatorinla
added to uj short at 83.48 earlier... looking for 82.34 (may tp at 82.4) but if we pass 82.32. i will let it bounce then look for 80.38 with tp just above.... but may look for further down after bounce. if it passes. atm at 83.45
s.o. the one from last night ..made 10 pips.. gave back 60.. made 100 on the original trade.. i doubt its finished.. but its headed north atm.. maybe do it again at 84.30 if it breaks this.. it may be a good time to consider north. if it doesn't touch 84.33 the rest is still valid. and the bear returns,
those who can, do. those who cant, talk about those who can
  • #345,844
  • Dec 14, 2010 5:33pm Dec 14, 2010 5:33pm
Quoting reaperunique
I still don't get what I'm doing wrong, I sold at 1.3365 got stopped out 50 pips higher. I then open a long en am now 50 pips in red yet again.

so I'm always the wrong way eventhough I followed my plan. I just don't get it
It gets better with time, but try using solid support and resistance for starters, on all timeframes.........
  • #345,845
  • Dec 14, 2010 5:33pm Dec 14, 2010 5:33pm
Quoting Forexpro30
What hours do you trade and in what time zone ? If you are in my time frame I can post live for you as I keep a running journal so you can see the correlation live and in real time.

Let me tell you why if the Dow goes down 150 or more and as of now I have no idea which way it will go. However overnight the Dow futures lead the way. There is a very close correlation between the Dow and EUR/USD.

Here is why. The money flows out of the Dow and it usually goes into the US Bonds for safety. Gold usually but not always gets sold but other trading...
Thank you for your offer but I am not interested in seeing your charts as I do have my own workspace with enough info on correlated variables .

FF with all these defects cover very good this kind of reports. The ZEW numbers were also in here and in all the other major sources of news but I guess you paying for a more in depth service that in my case I am also not really interested as I trade daily and H4 so I have plenty of time to read, digest and react to news most of the time.

With what I strongly disagree is with the US futures leading the pair overnight. You may have your reasons for saying that but just my 2 cents open a DAX chart side by side ....

Good night and best of luck in your trading.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #345,846
  • Dec 14, 2010 5:33pm Dec 14, 2010 5:33pm
Quoting kdx
you say very good news service would you mind saying who that is.
I am using Trade The News. I just heard LIVE Australian Confidence Level as it was announced via Audio. They comment on all items like now USD/JPY at 83.78 so I look up and see that price on one of my monitors as they talk about KIWI dollar.

You can get a trial with them. It gives me an edge before it gets in print. I also hear news and gossip among traders since they are in touch with them. I hope the answer helps. I still use Technicals but for Good entry and Exit.
  • #345,847
  • Dec 14, 2010 5:36pm Dec 14, 2010 5:36pm
oh look it's dropping? Why? God why
  • #345,848
  • Dec 14, 2010 5:38pm Dec 14, 2010 5:38pm
Quoting reaperunique
oh look it's dropping? Why? God why

Alot of good responses here but no reply from you? You are asking more questions?

WHats the deal...

If its too much cut your loser!!!!

Its pre-asian and a shit load of money was bullish...

What else would you expect. someone wants their profit!!!

I calmly have a 5K lot long at 3378, my sl 3332 why? because i ts below 3350 and it is poper money management, I am long because past 2 days trend is up.
Know when to hold em, Know when to fold em!
  • #345,849
  • Dec 14, 2010 5:39pm Dec 14, 2010 5:39pm
Quoting Forexpro30
What hours do you trade and in what time zone ? If you are in my time frame I can post live for you as I keep a running journal so you can see the correlation live and in real time.

Let me tell you why if the Dow goes down 150 or more and as of now I have no idea which way it will go. However overnight the Dow futures lead the way. There is a very close correlation between the Dow and EUR/USD.

Here is why. The money flows out of the Dow and it usually goes into the US Bonds for safety. Gold usually but not always gets sold but other trading...
Hello, where do you get DOW futures quotes overnight?
  • #345,850
  • Dec 14, 2010 5:39pm Dec 14, 2010 5:39pm
Quoting reaperunique
oh look it's dropping? Why? God why
'cause it broked the support area @3360 maybe?!...
LOL
  • #345,851
  • Dec 14, 2010 5:41pm Dec 14, 2010 5:41pm
Quoting karimfx
'cause it broked the support area @3360 maybe?!...

Dont forget because someone is selling also.
Know when to hold em, Know when to fold em!
  • #345,852
  • Dec 14, 2010 5:45pm Dec 14, 2010 5:45pm
Quoting reaperunique
I still don't get what I'm doing wrong, I sold at 1.3365 got stopped out 50 pips higher. I then open a long en am now 50 pips in red yet again.

so I'm always the wrong way eventhough I followed my plan. I just don't get it
watch the move for months.. dont trade real money.. your a goldfish playing in a pool of sharks. practice safe sex.
those who can, do. those who cant, talk about those who can
  • #345,853
  • Dec 14, 2010 5:45pm Dec 14, 2010 5:45pm
Quoting gatorinla
watch the move for months.. dont trade real money.. your a goldfish playing in a pool of sharks. practice safe sex.

Hence demo (wear a condom)

If he closes his short though my long might be safe hehe
Know when to hold em, Know when to fold em!
  • #345,854
  • Dec 14, 2010 5:48pm Dec 14, 2010 5:48pm
Quoting reaperunique
oh look it's dropping? Why? God why
we may get a little bounce up now. i dont know.. a good time to consider loss cut..
those who can, do. those who cant, talk about those who can
  • #345,855
  • Dec 14, 2010 5:48pm Dec 14, 2010 5:48pm
lets take the last up move 3180 - 3497...

lets consider bullish gartley's XA move 3180-3497

so, next should be:

AB: 3497 to 3302 ( 61.8% of XA )

BC: 3302 to 3422-3455 area ( 61.8%-78.6% of AB )

CD: first situation is when C point is @3422
in this case D point is in 3270-3228 area ( 1.27 - 1.618 of BC move )

second situation is when C point is @3455
in this case D point is in 3261-3208 area

and finally the D point where should buy.. lets c whats happen

p.s. sorry for no chart, but not at my computer
LOL
  • #345,856
  • Dec 14, 2010 5:49pm Dec 14, 2010 5:49pm
two weeks ago it reached 1.29 bounced to 1.34,next week it reached 1.31xx bounced ,now we reached 1.35 almost in two days.So its either we brake higher or play in the channel until more force joins in to push it below 1.30 .but for that to happen media gonna have to make more hype about other EU debt countries and how bad is it.
  • #345,857
  • Dec 14, 2010 5:51pm Dec 14, 2010 5:51pm
Quoting karimfx
lets take the last up move 3180 - 3497...

lets consider bullish gartley's XA move 3180-3497

so, next should be:

AB: 3497 to 3302 ( 61.8% of XA )

BC: 3302 to 3422-3455 area ( 61.8%-78.6% of AB )

CD: first situation is when C point is @3422
in this case D point is in 3270-3228 area ( 1.27 - 1.618 of BC move )

second situation is when C point is @3455
in this case D point is in 3261-3208 area

and finally the D point where should buy.. lets c whats happen

p.s. sorry for no chart, but not at my computer
this possible bullish gartley could be sustained by 200EMA on H1 tf... now @3291
LOL
  • #345,858
  • Dec 14, 2010 5:54pm Dec 14, 2010 5:54pm
Quoting AmeriTrini
Hello, where do you get DOW futures quotes overnight?
You can get it on the Internet from CNN Money Pre Market

I hope that helps.
  • #345,859
  • Dec 14, 2010 5:56pm Dec 14, 2010 5:56pm
Quoting gatorinla
the same chart as earlier. below 3368 (white line).. may cause the domino affect. it targets 3296.. well below the bigger hs (dotted red line)..
explanation above.. red/white box corresponds to like color target box.
3441 post is crap now.. its all invalid..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 32 KB
those who can, do. those who cant, talk about those who can
  • #345,860
  • Dec 14, 2010 5:56pm Dec 14, 2010 5:56pm
Quoting goods
Dont forget because someone is selling also.
LOL
448 traders viewing now