EURUSD | Page 17444 | 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

  • #348,861
  • Dec 20, 2010 5:44am Dec 20, 2010 5:44am
Quoting Skracor247
Hey FX Green,

In all seriousness, where would you place your stops for this long play?
Good question, I would look for a way out if we cannot hold 1.3114

If momentum into the move going there is strong, I will liquidate at market.

But my position is large. Its useless to send a wide signal to everyone that I am waiting there.

As mentioned before though, a push to those levels would catch me by surprise. I do make mistakes, but ive been stalking this puppy for a while. I am only here to share so a few newer traders could benefit. If it doesnt turn out well, then apologies to the newbies. But I have a good feeling on this.


You pay a price for doing this, more chance of slippage and you take a greater loss.
  • #348,862
  • Dec 20, 2010 5:44am Dec 20, 2010 5:44am
Hi guys.. my set up is base on the ichimoku kinko hyo so i don't know if posting it would help anyone.. and although i know it's based on the daily chart/ at least 4hrs chart.. i'm using it on the 15min and 5 min chart with a sub method base on inputs from my dad who is an oil/commodities trader and yes.. stereotypically we are a family with japanese descend.....

anyway.. just to let you guys know.. kiju san has crossed the tekan san with the price trading in the range of the clouds and the chikou san line is below the price line but approaching the price line and it depends whether chikou san hits above the price line or below the price line indicating a downtrend... still might have to wait for further confirmation base on my other setup for the hourly which is based on exponential macd .. MA20,50,100 and stochastics/bollingerband/rsi....

i think i'm trading with way too many indicators and i'm trying to figure out PA ... which is basicially head/shoulder formation.. resistance.. support and some fibonnaci ... would gladly learn from any PA traders here such as anna ...

but that aside.. the mins chart seems to suggest a downtrend and the hourly charts and above also suggests a downtrend.. hence why i was shorting it .. till some joker made me think otherwise
There is no royal road to anything.
  • #348,863
  • Dec 20, 2010 5:48am Dec 20, 2010 5:48am
Ok look now, someone is hitting this offers aggressively. Now in a big way (size) but its starting now. @ 60 currently. Much higher and we crack the figure with ease.



Before you jump , what do you do? SQUAT.


Please understand, you need a base for a move up or down, always. We been forming a base past 2 weeks. This is a minor base friday and into today.

Once again, the most basic of technical analysis.

If it fails, thats fine. But I take this play anytime.
  • #348,864
  • Dec 20, 2010 5:49am Dec 20, 2010 5:49am
GOLD
Attached Image
  • #348,865
  • Dec 20, 2010 5:51am Dec 20, 2010 5:51am
Quoting Leinadgnow
Hi guys.. my set up is base on the ichimoku kinko hyo so i don't know if posting it would help anyone.. and although i know it's based on the daily chart/ at least 4hrs chart.. i'm using it on the 15min and 5 min chart with a sub method base on inputs from my dad who is an oil/commodities trader and yes.. stereotypically we are a family with japanese descend.....

anyway.. just to let you guys know.. kiju san has crossed the tekan san with the price trading in the range of the clouds and the chikou san line is below the price line but approaching...
you need dump all that crap on your chart and learn to trade almost naked, then you will understand what is going on or how to deal with it..
see pic for what to to do next in euro
anna
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 2.png Size: 45 KB
  • #348,866
  • Dec 20, 2010 5:51am Dec 20, 2010 5:51am
Quoting fx|green
Good question, I would look for a way out if we cannot hold 1.3114

If momentum into the move going there is strong, I will liquidate at market.

But my position is large. Its useless to send a wide signal to everyone that I am waiting there.

As mentioned before though, a push to those levels would catch me by surprise. I do make mistakes, but ive been stalking this puppy for a while. I am only here to share so a few newer traders could benefit. If it doesnt turn out well, then apologies to the newbies. But I have a good feeling on this....
On behalf of all the newbies i would like to convey our gratification to you for doing this
  • #348,867
  • Dec 20, 2010 5:52am Dec 20, 2010 5:52am
heres the chance coming to 3173.8 possible min
those who can, do. those who cant, talk about those who can
  • #348,868
  • Dec 20, 2010 5:52am Dec 20, 2010 5:52am
And we have lift off.

Inserted Video
  • #348,869
  • Dec 20, 2010 5:52am Dec 20, 2010 5:52am
i wish you all the best in your trading matey but imma go sit out now and learn from my mistakes and back-testing.. its not your fault .. always be patient with those who give advice.. but be discerning in taking your advice.. i'm not blaming you for losing moeny because it was my decision and no one can be blamed but my self.. i understand and i respect your opinion .. but i guess i am pissed with myself for listening to others and not trusting my charts that aside.. if you are in deep.. good luck and i wish you all the best sincerely
There is no royal road to anything.
  • #348,870
  • Dec 20, 2010 5:53am Dec 20, 2010 5:53am
For newer gullible traders most of the temporary helpers we see here in last 6 months make very confident calls price goes badly against there prediction and you never see em post again .
But anyone with a very confident bias and is 100% sure he is right guess what he has a 50% chance of being correct just like everyone else.

Stay strong and stick to what you feel works .

We have come from 4280 most recently so for now until proven otherwise the main trend for recent months is down.

be aware though I believe we may re-enter the range 3200-3400 before any decisive direction is revealed.
More recently we have had a good move down from 3500 with retrace and now are at 3150 .

I feel the range trade for now is the higher probability buy 3200 sell 3400 thats my take on it.
Wishing all green pips.
making green pips large and red pips small this is my goal.
  • #348,871
  • Dec 20, 2010 5:55am Dec 20, 2010 5:55am
hello guys....

This is my view for eurusd.price now at support 1.3164.so no clear direction now.if it going up my target is previous high at 1.3498.but if it go down 1.2968 is nice target.so as for now IM PATIENCE....HAPPY TRADING..



http://screencast.com/t/u1nfSI8LzOz
Gold Expedition Return This Year: -16.4%
  • #348,872
  • Dec 20, 2010 5:55am Dec 20, 2010 5:55am
Quoting Azinvg
i dont get you!!. We already broke the bear flag. And we are right now on the edge of going down with momentum to 1.3084, despide the low volume.

We need a close below 1.3150 but it looks that way. Im more concerned on gbp and my short on that one, even the 1.5275 wasnt broken, it has an upside channel without a downside channel.
and ?
those who can, do. those who cant, talk about those who can
  • #348,873
  • Dec 20, 2010 5:56am Dec 20, 2010 5:56am
Quoting paul1
For newer gullible traders most of the temporary helpers we see here in last 6 months make very confident calls price goes badly against there prediction and you never see em post again .
But anyone with...
Wise words, I started a thread, no participation. Got bored.

Oh and by the way, the range you mentioned is rather wide and if you see the move that I am calling for , its not a stretch.

But wise words. Good post.

I did say before hand I am leaving after this year. I have also never wished anyone ill so this is all good intention.
  • #348,874
  • Dec 20, 2010 5:56am Dec 20, 2010 5:56am
Quoting fx|green
And we have lift off.

http://www.youtube.com/watch?v=XaDKTFn7X-o

what lift off; where???
anna
  • #348,875
  • Dec 20, 2010 5:57am Dec 20, 2010 5:57am
Looks like there is huge resistance here.....lets see if it can penetrate this time.
  • #348,876
  • Dec 20, 2010 5:59am Dec 20, 2010 5:59am
i just have place 2Lot in a short order from 1,3167 what do you think about ???
If you now the Way out -- please tell me
  • #348,877
  • Dec 20, 2010 6:00am Dec 20, 2010 6:00am
Quoting One.Trade
i just have place 2Lot in a short order from 1,3167 what do you think about ???
Frankly, no one cares.
  • #348,878
  • Dec 20, 2010 6:00am Dec 20, 2010 6:00am
Quoting snatch
what lift off; where???
anna
To nowhere...the engine got busted. Need to repair it 1st
  • #348,879
  • Dec 20, 2010 6:01am Dec 20, 2010 6:01am
Quoting One.Trade
i just have place 2Lot in a short order from 1,3167 what do you think about ???
think you are blind or like gambling... see my above charts
anna
  • #348,880
  • Dec 20, 2010 6:02am Dec 20, 2010 6:02am
Quoting One.Trade
i just have place 2Lot in a short order from 1,3167 what do you think about ???
regardless of whatever account you are trading patience pays off here there is no point shorting in this range we basically have a full session left and an overlap...what more can you ask for
422 traders viewing now, 1 is registered:
macd12