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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

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NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
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EURUSD

Quoting Mr Hatch
yes, but if they are, the move is sharp.
thats why many hold a red trade.
Attached Image
those who can, do. those who cant, talk about those who can
Quoting T@rantula
I dont predict. I react. In order to react I need to see the PRESENT PA and if its near the confluence points only then I make entries. Thats why I dont have so much entries during the day session.

I have created a system...and its good but believe me, win loss ratio on pure non indie PA trading is even better.
'Don't predict, react.' That's nice, one for the note book and a reminder to follow your own rules rather than make trades in the blind hope that price will go your way.
Good luck,
I will be waiting for OsMA confirmation to short.

Quoting buonvangvn
i'm short 1.3166
FUNDAMENTALS COME FIRST...
Quoting Mr Hatch
doesn't matter. i'm patient. now i got 1/3 running from 3421 and will wtch the big support closely.

hell, even that got respected to the pip.
May I ask ... which kind of MA do you use there for the blue one ?

Looks a bit like a 20 MA (Wilder's Smoothing) ...

And the red one like an aprox. 200 exponential MA ...


;-)
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
Quoting buonvangvn
i'm short 1.3166
65 for me
those who can, do. those who cant, talk about those who can
Quoting stevexyg
'Don't predict, react.' That's nice, one for the note book and a reminder to follow your own rules rather than make trades in the blind hope that price will go your way.
Quoting buonvangvn
i'm short 1.3166
out 13 pips ( total 125 pips today )
Looks like many are reloading shorts, we will see another steep sell-off shortly.
Quoting cloggie
Pips are irrelevant, it is all about the monthly returns. A good friend of mine trades only a few time a day aiming for 20-30 pips and he is worth millions.

Makes me feeel alot better,....im down 50% for the year so far,....got 3 more weeks to make up,....
Quoting mercy seat
May I ask ... which kind of MA do you use there for the blue one ?

Looks a bit like a 20 MA (Wilder's Smoothing) ...

And the red one like an aprox. 200 exponential MA ...


;-)
that's ema50.
Quoting cloggie
Pips are irrelevant, it is all about the monthly returns. A good friend of mine trades only a few time a day aiming for 20-30 pips and he is worth millions.
I try to look at everything in pips just because if I see the amount in money it gets me emotional. I have been following people like you, Tarantula, Gator and others to learn more about PA and levels (I continue to learn everyday). Between yesterday and today I am up 9% of when I started the month, so I really don't need to shoot for many pips, just need to make sure to get an accurate entry and not overtrade like I used to do before.
Quoting Samara
I agree, these days only stick in shorts, just choose the right time to get in...
Samara: you are absolutely right, sometimes the entry is too high or too low depending on the trend and you have to jump back in to compensate ( average out )
Quoting gatorinla
65 for me
I'm targettting 3108, you?
Volume is picking up, it's gonna move...
USDCHF short 9662
The best thing that can happen to you is to find out where you're wrong.
Quoting AllyB
Hello Gleneagles ... I see you are back from your time off/vacation and it certainly seems that it did you good to take a break!

Nice trading fellow pilot/friend

Hi AllyB,

Thanks, trading has been easier than I thought during the first few days.
Yup , fat and lazy after the break and battling to get through the trading day!
It will get better after the first week or two..I think..hope
GL
" Never let the past hold the future to ransom "
Hold your hands up while riding FX roller-coaster. 1.309 here I come.....
Quoting piptornado
I try to look at everything in pips just because if I see the amount in money it gets me emotional. I have been following people like you, Tarantula, Gator and others to learn more about PA and levels (I continue to learn everyday). Between yesterday and today I am up 9% of when I started the month, so I really don,t need to shoot for many pips, just need to make sure to get an accurate entry and not overtrade like I used to do before.

Pips is still money, your mind will still convert that. Start thinking about percentages, that's what this business is really about (NAV really). Overtrading will kill any account. 9% a week is a decent number, no need to rush this and become a millionaire overnight.
1.3080 is the target for today
Quoting hoeman
I'm targettting 3108, you?
0
those who can, do. those who cant, talk about those who can
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