Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

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

Well if you put a SL that short, it's probably because you are overtrading. You should review your stakes and also where you put your SL...
Hope this helps
Quoting ldre
have you seen my post? same thing happening with me
1600 GMT, closing all, am done for the day and the week. Guys/galls enjoy your weekend and see y'all next week some time.
Quoting cloggie
Right now we have an intermediate trend reversal in the making, both backed by the fundies and the techies. I am looking at 3430 for next week. Not going to build a trade at this time of day as I don't carry anything over the weekend, but fundamentally I will be keeping a close eye on risk on Monday and am planning a longer term trade for 3430 and 3300
mate, current situation reminded me about our discussion few days ago.. I guess you were right. Equities are down hard = more liquidity = USD goes stronger.
from what i understand he enters/exits based on PA and his stops are just for oh, sh$t, we've been nuked kind of thing.

same here. well maybe, I don't know. If I still believe in my TP i'll hold and go the other way. like i said: i don't trade, i manage margin. i let the accounting to others.

Quoting vosterfxandy
he does use stops, based on PA.

totally different from not using stops at all and keep adding to your position.
Quoting sisse
I agree with your level but from there to highlight a change of trend is a little bit premature in my opinion.

Extremely premature, I agree. I am not going to build a position anyways on a Friday, it is just a bit of a headsup of what I will be looking for come Monday.

Enjoy your weekend Sisse, see you next week.
out at 1.362, don't think we will go below that today. Close enough to my 2nd target (1.3614).
Will reload on Monday.
Have a great Weekend all.
Cloggie, thanks for your insights, always appreciated.
Some support here maybe. DON'T BUY THOUGH. I'd sell any bounce and rejection near .3680.
3646
3665
3680
3695
Quoting samdani786
Attached Image (click to enlarge)
Click to Enlarge Name: 106 h1 jan 28 2011.gif Size: 27 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
Quoting lev1987
mate, current situation reminded me about our discussion few days ago.. I guess you were right. Equities are down hard = more liquidity = USD goes stronger.

Everything is connected, especially when it comes to trading EURUSD. Few traders here can trade it succesfully ignoring the bigger picture (mainly scalpers) for those looking for trades that last a bit longer then 30 mins to an hour, the overall picture is important, one needs to judge the risk and the moneyflows between classes and one can see what is happening around the world and take advantage of that in picking the few trades a day that pay of nicely.

Trade the risk.
Just remember guys, there's a LTL on the 1hr TF sitting at 3679ish which would 'normally' be retested. No bear party yet; a sting in the tail is more than likely IMO.
From the bears perspective, it may as well get tested sooner rather than later as the trendline is a reasonably steep upward slope. No point in a retest on Monday or Tuesday, as the retest value will get higher and higher.
Well, there we go. This excursion certainly will help take some of the strain off of this thing, at least in these two ways:

Quoting OldQuant
I have a feeling you may be right in that; at least, a sharp move seems in the air. ... 32 bars since late EST of 25th that straddle 3700. That's a long time for the dealers to go without having an excursion to get the books straightened out.

When those ma's on your charts of all different frequencies start to tangle up, like this kind of market makes them do, the analytics that use them get twitchy, too.
Not sure I'm ready to believe this is the start of the Big Bear just yet, though.
Quoting OldQuant
Not sure I'm ready to believe this is the start of the Big Bear just yet, though.

Something is brewing though, all we need are a few fundies to push us along nicely.
Quoting cloggie
Everything is connected, especially when it comes to trading EURUSD. Few traders here can trade it succesfully ignoring the bigger picture (mainly scalpers) for those looking for trades that last a bit longer then 30 mins to an hour, the overall picture is important, one needs to judge the risk and the moneyflows between classes and one can see what is happening around the world and take advantage of that in picking the few trades a day that pay of nicely.

Trade the risk.
I don't know how people scalp in forex. Every time I make an attempt at it I get eaten alive.

Besides, checking out charts a few times a day is much more elegant, and allows me to scalp equities, which seem to oscillate far better then the forex madness.

C'est la vie...
going long here for a few pips isn't a bad idea.
Enter Signature
Quoting Venice
I don't know how people scalp in forex. Every time I make an attempt at it I get eaten alive.
it's ridiculously hard because the spread % is so much more.
Enter Signature
Quoting cloggie
1600 GMT, closing all, am done for the day and the week. Guys/galls enjoy your weekend and see y'all next week some time.
Thanks for your reply and posts here, cloggie. Have a nice weekend, too.
Quoting cloggie
1600 GMT, closing all, am done for the day and the week. Guys/galls enjoy your weekend and see y'all next week some time.
make sure you've closed out all your positions.

with no SL and all, anything can happen over the weekend.
Enter Signature
Quoting Venice
I don't know how people scalp in forex. Every time I make an attempt at it I get eaten alive.

Plenty of succesful scalpers in this business. A good mate of mine runs a Quant fund and he continues to pick up pennies all day long executing 100k+ trades a day.

It is personal, for some the fear cannot be overcome and they are better suited to trade the shorter TF's scalping, some are impatient and can't or are not able to sit around all day looking for the setups. To each their own really.
i'm not sure how people can wait for an hour candle to close in order to take a trade. i would die without scalping. i have at least 10-15 trades running at all times.


Quoting Venice
I don't know how people scalp in forex. Every time I make an attempt at it I get eaten alive.

Besides, checking out charts a few times a day is much more elegant, and allows me to scalp equities, which seem to oscillate far better then the forex madness.

C'est la vie...
29 traders viewing now