EURUSD | Page 20821 | 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

  • #416,401
  • Mar 31, 2011 9:50am Mar 31, 2011 9:50am
Wow +60 on that last run!

I would like to thank everyone on this thread for all their input.

I have been following for some weeks now and am starting to get the "feel". I know the last 2 weeks has been tough on me as well as some of you according to some comments. But, I am soaking up all the info I can and am impressed on how accurate some of you are!

Thanks again and many pips to ya'll!
  • #416,402
  • Edited 9:52am Mar 31, 2011 9:51am | Edited 9:52am
Quoting Gleneagles
Nice place to live! I studied at US a LONG time ago
Love it here!!! I Guess Prof de Bruyn gave you Calculus.

He lectured calculus to the same Professor that gave us Algebra. Think he taught 40 odd years!! (Always with his Chemistry Jacket on!)

Keep well and thanks for all the insight!
  • #416,403
  • Mar 31, 2011 9:59am Mar 31, 2011 9:59am
Quoting wallstreet03
glen do you wont became my mentor forex ? :-) ahha
I can point you in the right direction but it is no gaurantee that you will be a successful trader.

The solution is not copying someone who you think is succesful but to develop yourself to be a consistent , successful trader.
The inability to follow a simple trading plan/strategy and trade it consistently is the main reason why most traders fail.
I call them "system nomads"....they lack the self-discipline to stick to a trading plan and will never progress as a trader because instead of looking for the obvious solution..themselves...they will chase their tail and end up as predictable forex casualities.
The most useful "trading system" is not a strategy that produce a zillion pips per month but your ability and willingness to make it work.

I am scaling down my trading and my involvement with trading because there is a life outside forex..with regret...You can find a lot of good traders with the right mindset and ability to mentor you.

Best of luck
" Never let the past hold the future to ransom "
  • #416,404
  • Mar 31, 2011 10:02am Mar 31, 2011 10:02am
Quoting Gleneagles
because there is a life outside forex
Well, i'm not to sure about that.... LOL
  • #416,405
  • Mar 31, 2011 10:04am Mar 31, 2011 10:04am
I do not understand why the EUR/USD is going up. The Euro is falling apart and the ECB is going to haft to start helping different country in the union. Along with other problems that far off set the us problems. Euro is in worse shape then most places. What is the reason for this run up?
  • #416,406
  • Mar 31, 2011 10:06am Mar 31, 2011 10:06am
Quoting Venice
Well, i'm not to sure about that.... LOL
It came as quite a shock to me as well.
" Never let the past hold the future to ransom "
  • #416,407
  • Mar 31, 2011 10:06am Mar 31, 2011 10:06am
Quoting redsword11
Attachment

Attached Image (click to enlarge)
Click to Enlarge Name: loony.jpg Size: 89 KB




32.5% in under 7 days .......
  • #416,408
  • Mar 31, 2011 10:06am Mar 31, 2011 10:06am
very wise and very true
I think that (almost) every trader knows these situations .....( again)


Quoting Gleneagles
I can point you in the right direction but it is no gaurantee that you will be a successful trader.

The solution is not copying someone who you think is succesful but to develop yourself to be a consistent , successful trader.
The inability to follow a simple trading plan/strategy and trade it consistently is the main reason why most traders fail.
I call them "system nomads"....they lack the self-discipline to stick to a trading plan and will never progress as a trader because instead of looking for the obvious solution..themselves...they will...
  • #416,409
  • Mar 31, 2011 10:07am Mar 31, 2011 10:07am
Quoting Gleneagles
I came as quite a shock to me as well.
I must just be in denial right now then... lol
  • #416,410
  • Mar 31, 2011 10:11am Mar 31, 2011 10:11am
Quoting Venice
I must just be in denial right now then... lol
a wise man here on FF by the name of fourxtrader once said:


Too many chase this dream alone thus denying themselves the
enduring joys of love and family and end up growing old alone.

  • #416,411
  • Mar 31, 2011 10:14am Mar 31, 2011 10:14am
Quoting AllyB
a wise man here on FF by the name of fourxtrader once said:



Too many chase this dream alone thus denying themselves the

enduring joys of love and family and end up growing old alone.


Indeed it is important to take the time away from the markets
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #416,412
  • Mar 31, 2011 10:15am Mar 31, 2011 10:15am
Quoting AllyB
a wise man here on FF by the name of fourxtrader once said:


Too many chase this dream alone thus denying themselves the
enduring joys of love and family and end up growing old alone.

Great quote. Thanks!

I havn't given myself to the markets fully yet. As I am still working a 9-5'er
  • #416,413
  • Mar 31, 2011 10:17am Mar 31, 2011 10:17am
Quoting tradertom
very wise and very true
I think that (almost) every trader knows these situations .....( again)
What's up ... Munich?
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #416,414
  • Mar 31, 2011 10:19am Mar 31, 2011 10:19am
Quoting Venice
Great quote. Thanks!

I havn't given myself to the markets fully yet. As I am still working a 9-5'er
Hours of screen time that many do can be just like being a 9-5' er
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #416,415
  • Mar 31, 2011 10:19am Mar 31, 2011 10:19am
Quoting DarkWolF
Hours of screen time that many do can be just like being a 9-5' er
Oh trust me, it's not good. I do 9-5 then 7-12 forex. Sleep, rinse, repeat. Die on the weekend. lol
  • #416,416
  • Mar 31, 2011 10:21am Mar 31, 2011 10:21am
Quoting Robby
I do not understand why the EUR/USD is going up. The Euro is falling apart and the ECB is going to haft to start helping different country in the union. Along with other problems that far off set the us problems. Euro is in worse shape then most places. What is the reason for this run up?
The main reason right now is interest rates. Apart from that, you need balance all the bad things on the EZ that we already know that there are obliviously v. important (debt, banks, etc) with the other macro factors, the bigger players in the EZ are "booming" and with solid fiscal stability and economic growth (i.e Germany). The major contributors are performing with high grades on the macroeconomic side so those compensate to a large extend the catastrophic state of the problematic countries (obviously it wont last forever).

Finally, you need to add the other side of the equation. The dollar is not in the best of times, and US economy, although improving very fast and "booming" in the stock markets, hasn't even start dealing with its internal structural problems. More importantly, the FED will be the last one to increase rates after Euro and Sterling (excluding Japan that probably won't do it in years) meaning the good times for the dollar are still to come later this year.

In simple words, is not about if the euro is better or worse but is about timing FA to take the best advantage on market opportunities and since January call for buying the euro....100% sure the picture will change later as it always happen with any market and thats when we will start focusing in the opposite question Why the dollar is so strong?...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #416,417
  • Mar 31, 2011 10:21am Mar 31, 2011 10:21am
Quoting mercy seat
What's up ... Munich?

you don´t know the commercial for "Munich Winter Olympics" - ..and the stupid poldi says:"münchen?kann ich mir gut vorstellen"
  • #416,418
  • Mar 31, 2011 10:25am Mar 31, 2011 10:25am
Quoting Venice
Oh trust me, it's not good. I do 9-5 then 7-12 forex. Sleep, rinse, repeat. Die on the weekend. lol
Yes I know that feeling all too well
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #416,419
  • Mar 31, 2011 10:25am Mar 31, 2011 10:25am
Quoting AllyB
a wise man here on FF by the name of fourxtrader once said:


Too many chase this dream alone thus denying themselves the
enduring joys of love and family and end up growing old alone.

I view my career as a forex trader as something with a "sell-by" date. Your productive trading "life" is X number of years if you manage to make a success out of it.
If you are the right personality type and live in a decent time zone for trading, you can probably extend it by a couple of years.

Spending half your life in front of a computer screen doing something that is inherently stressful and frustrating ..at least a lot of times ...is not on my long term planning list.

I enjoy trading and make a good living out of it but I want to reap the rewards as well. My to-do list is getting longer by the day. I want to do less for more and trading is part of it

Fourxtrader is right..what is the point chasing a dream that is often unattainable and you end up chairman of NFL ( No Friends Left) !!!??
" Never let the past hold the future to ransom "
  • #416,420
  • Mar 31, 2011 10:26am Mar 31, 2011 10:26am
Quoting DarkWolF
Indeed it is important to take the time away from the markets
yes it is!
482 traders viewing now