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EURUSD

  • #385,621
  • Feb 13, 2011 5:02pm Feb 13, 2011 5:02pm
or January fibs. what came first? the chicken or the egg?
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those who can, do. those who cant, talk about those who can
  • #385,622
  • Feb 13, 2011 5:09pm Feb 13, 2011 5:09pm
wise man your ma's sucks we did not make any money using it, only 200pips last week from 3720 to h4 200ema no good
  • #385,623
  • Feb 13, 2011 5:12pm Feb 13, 2011 5:12pm
long 1.3515
  • #385,624
  • Feb 13, 2011 5:14pm Feb 13, 2011 5:14pm
Quoting kill56
wise man your ma's sucks we did not make any money using it, only 200pips last week from 3720 to h4 200ema no good
1 trade or 1 week doesn't make a career.
  • #385,625
  • Feb 13, 2011 5:15pm Feb 13, 2011 5:15pm
well i am looking at a gap filling spike on Netdania , which somehow is missing on Oandas chart.

normally i wouldnt worry But the spike hit my take profit
  • #385,626
  • Feb 13, 2011 5:16pm Feb 13, 2011 5:16pm
M15 http://www.forexfactory.com/showthre...99#post4394799
  • #385,627
  • Feb 13, 2011 5:17pm Feb 13, 2011 5:17pm
Quoting SunTrader
Back in the day when I used MA's (yes I did at one time) I used fib numbers (21 and especially 89 were favorites) but also ones that lined up with higher timeframes. Such as 12 period on a 5 min chart, i.e. = 60 min.

But found nothing in using whole numbers 100/200 etc. The old big boys/smart money types use them so so should I approach. But that's just me I guess. Mr Tinfoilhat.
Prolly just some random assed coincidence that these 200s keep showing up then.

Back to the drawing board....

I can see where you would get confused using the 21 and 89...as well as the 60...based on pure relevance, those ones are meaningless...

The 20EMA I do use as a trigger line, but all dependent on a few other variables. Ignoring the 200EMA as a dynamic target/support/resistance line in my opinion is just remiss..

But hey, I do know what they say, old dogs, new tricks n all...

Use what ever makes ya money...

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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #385,628
  • Feb 13, 2011 5:19pm Feb 13, 2011 5:19pm
Quoting SunTrader
1 trade or 1 week doesn't make a career.

sure but i dont trade long term i hit and run dont count pips cans of milk i go for 20-30 pips some time if i see a clear trend i stay with some , i am new to forex only 7 years , love my ema's cam's mm's and fib's .

whet ever makes u money and stay in green stick with it
  • #385,629
  • Feb 13, 2011 5:21pm Feb 13, 2011 5:21pm
Can someone here recommend me one of those crappy retail brokers so I can trade this gap thingy on Sundays, seems like the pros have been missing out on something fabulous for decades here.
  • #385,630
  • Feb 13, 2011 5:22pm Feb 13, 2011 5:22pm
Quoting OldQuant
.......So, my point is that, used properly, ma's are not doggy, stodgy, lagging critters with no value to anyone that many people make them out to be. And I was taking your statement to imply just that; hence my taking exception to it..
My main point is: yes they may help but there are far better ways to win in this game than what every beginner first uses when they start to trade.

I've lived in South Florida for 20 years now. The average temperature here in winters, during the daytime, is somewhere in the 70's (20's for the celsius crowd). If a tourist "I wanna goto Miami" gets off a plane on a particular day and finds it is at 50 degrees they will say where is the warm Florida sunshine.

Average equals average. Can't be otherwise.

I think spinning my wheels so I go back to the charts.
  • #385,631
  • Feb 13, 2011 5:22pm Feb 13, 2011 5:22pm
m5
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  • #385,632
  • Feb 13, 2011 5:25pm Feb 13, 2011 5:25pm
Quoting buonvangvn
long 1.3515
Hello Buonvangvn,

hope you had anice weekend.

Long @3515 too :-)
  • #385,633
  • Feb 13, 2011 5:25pm Feb 13, 2011 5:25pm
I was thinking like this.
http://www.forexfactory.com/showpost...stcount=385473
  • #385,634
  • Feb 13, 2011 5:25pm Feb 13, 2011 5:25pm
Quoting Magix
...as well as the 60...based on pure relevance, those ones are meaningless...

..

Use what ever makes ya money...
I didn't say I used to use the 60. I used a 12 period on a 5 min chart which equals a one hour (60 minute) period.

A 24 MA on a 1 hour chart to equal a 24 hour (daily) period.

2nd part I totally agree with.
  • #385,635
  • Feb 13, 2011 5:26pm Feb 13, 2011 5:26pm
Quoting cloggie
Can someone here recommend me one of those crappy retail brokers so I can trade this gap thingy on Sundays, seems like the pros have been missing out on something fabulous for decades here.

all of them shitty pick and chose
  • #385,636
  • Feb 13, 2011 5:28pm Feb 13, 2011 5:28pm
Quoting infinitus
Hello Buonvangvn,

hope you had anice weekend.

Long @3515 too :-)
Hello infinitus . wish you to win big this week.
  • #385,637
  • Feb 13, 2011 5:28pm Feb 13, 2011 5:28pm
Quoting cloggie
Can someone here recommend me one of those crappy retail brokers so I can trade this gap thingy on Sundays, seems like the pros have been missing out on something fabulous for decades here.
Well, i use eToro, don't know if it's crappy enough for you.
  • #385,638
  • Feb 13, 2011 5:31pm Feb 13, 2011 5:31pm
hi guys. hope you had a nice weekend.

Currently, I'm expecting a bit of ping pong between 3477x and 3579x to start the week, if the bears don't wake up early this week.
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  • #385,639
  • Feb 13, 2011 5:37pm Feb 13, 2011 5:37pm
Quoting cloggie
Can someone here recommend me one of those crappy retail brokers so I can trade this gap thingy on Sundays, seems like the pros have been missing out on something fabulous for decades here.

Hi Clevercloggs
rat
  • #385,640
  • Feb 13, 2011 5:37pm Feb 13, 2011 5:37pm
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trading from the 1 hr chart
purple= weekly average price
bluish= daily average
pink= 4 hr average
green lines are pivot points
pinkish lines are fibonacci trend retracements
white lines are support and resistance

after the gap prices moved up to cover but seem to be unable, strong area of support at 1.35, i will await for support to be broken before my second entry
as it comes back to find resistance i will enter 2/3
AVT INVENIAM VIAM AVT FACIAM
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