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EURUSD

  • #416,421
  • Mar 31, 2011 8:27am Mar 31, 2011 8:27am
Quoting Gleneagles
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...
Time to start pulling up those weekly charts then!
  • #416,422
  • Mar 31, 2011 8:27am Mar 31, 2011 8:27am
Quoting Venice
Great quote. Thanks!

I havn't given myself to the markets fully yet. As I am still working a 9-5'er
i printed it out and sometimes you just have to remind yourself. looks like you can trade from work though?
  • #416,423
  • Mar 31, 2011 8:28am Mar 31, 2011 8:28am
Quoting tradertom
you don´t know the commercial for "Munich Winter Olympics" - ..and the stupid poldi says:"münchen?kann ich mir gut vorstellen"
Ahh ... ok!
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #416,424
  • Mar 31, 2011 8:30am Mar 31, 2011 8:30am
Anyway ... einmal gelongt ... zweimal geshortet ...

Enough for today ...

Jetzt wirds gleich undurchsichtig und vorallem LAHM ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #416,425
  • Mar 31, 2011 8:31am Mar 31, 2011 8:31am
Quoting AllyB
i printed it out and sometimes you just have to remind yourself. looks like you can trade from work though?
Naw. Just chatting away. I'm a multi-tasker. lol. Occasionally I pull up some charts on finviz to see what is going on though.
  • #416,426
  • Mar 31, 2011 8:32am Mar 31, 2011 8:32am
Quoting Gleneagles

Fourxtrader is right..what is the point chasing a dream that is often unattainable and you end up chairman of NFL ( No Friends Left) !!!??
you got it! now go work on your bucket list and enjoy
  • #416,427
  • Mar 31, 2011 8:33am Mar 31, 2011 8:33am
Quoting sisse
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)....
Well, I see your point but having one member in the Euro doing good while everyone else is falling apart is not what I call a good bet and is not a reason for the Euro to be going up. 1.25% is not no reason for this move either. You would be in the AUS or other cross that are 4%+ not the euro for that with the internal problems. It's like saying the US with all of their states are going south but one is doing good. Even tho the one who is hitting a home run will be taken under from all the others putting drain on the one doing good.

The US is not in good shape either but it's far from coming apart like the Euro is. US has haft of its states doing okay and about 1/4 to 1/5 of the states having money problems that haven't yet come down to having other prop the state up. Were the Euro has to have their states being prop up in order to keep on going. So the Euro is in way worse shape than the US. Or you can say the Euro is further down the road than the US is.

But you must be right because I am missing something here. I do not see any reason for the Euro to be on this run it's on. It should be below 1.20 not above 1.40.
  • #416,428
  • Mar 31, 2011 8:34am Mar 31, 2011 8:34am
Hey everyone, I've been a long time Lurker here at FF and I realize that all this time I've been looking for a community of traders... and I've been staring at their posts the whole time.

In order to have a community, I should be a part of the community! I signed up this AM and I look forward to learning from all of you as well as adding any contribution I can to these forums!

In relation to the Euro, I also had the same question as someone posted earlier. With all the problems the ECB is having, and the somewhat positive (recent reports outside of the unemployment numbers in the US) Why is it that the Euro is behaving so strongly? I thought it would have been dropping much more, yet yesterday it shot up 60 pips without news at about noon EST.

All help is appreciated and once again, Happy pip hunting!

- Jordan -
  • #416,429
  • Mar 31, 2011 8:35am Mar 31, 2011 8:35am
Quoting Venice
Time to start pulling up those weekly charts then!
Won`t work for me, I like trading Tuesday-Thursday and taking a long weekend every week a lot better
" Never let the past hold the future to ransom "
  • #416,430
  • Mar 31, 2011 8:36am Mar 31, 2011 8:36am
Quoting Gleneagles
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...
Stressful and frustrating.... ? Trading .... ?



I believe that if you enjoy doing it then the stress and frustration are no longer there.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #416,431
  • Mar 31, 2011 8:38am Mar 31, 2011 8:38am
Quoting Venice
Naw. Just chatting away. I'm a multi-tasker. lol. Occasionally I pull up some charts on finviz to see what is going on though.
a buckeye can multitask???...
  • #416,432
  • Mar 31, 2011 8:39am Mar 31, 2011 8:39am
Enough for now ...

London closes its doors soon ...

Time for some experiments with other instruments ...



;-|
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2011-03-31_17h31_ EURUSD _ min002 _ (200) candle + TL.PNG Size: 25 KB
Click to Enlarge Name: 2011-03-31_17h33_ EURUSD _ min003 _ (200) candle + TL.PNG Size: 28 KB
Click to Enlarge Name: 2011-03-31_17h33_ EURUSD _ min005 _ (200) candle + TL.PNG Size: 28 KB
Click to Enlarge Name: 2011-03-31_17h36_ EURUSD _ min015 _ (200) candle + TL.PNG Size: 31 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #416,433
  • Mar 31, 2011 8:40am Mar 31, 2011 8:40am
Quoting AllyB
a buckeye can multitask???...
LOLOL

:hides in the corner:
  • #416,434
  • Mar 31, 2011 8:41am Mar 31, 2011 8:41am
Quoting Gleneagles
Won`t work for me, I like trading Tuesday-Thursday and taking a long weekend every week a lot better

thank you glen ! and sorry for sometimes intrusion !

I I'm learning a lot from you !
  • #416,435
  • Mar 31, 2011 8:46am Mar 31, 2011 8:46am
Quoting mercy seat
Enough for now ...

London closes its doors soon ...

Time for some experiments with other instruments ...



;-|

It might sound weird but we might start seeing some action in EU post london close....
  • #416,436
  • Mar 31, 2011 8:47am Mar 31, 2011 8:47am
Quoting mercy seat
zigzag-wise I have got this ... as possible pullback zones ... in case of not pushing higher than 1.4233 later ...



ZigZag A-B-C (Update - 31.03.2011 - 14h25 - Thursday)

1.4261 1.4188<=
1.4247 1.4175 <= pullback zones
1.4233 1.4161<=
1.4219 1.4144 <= enhancement ... in case of an extention ...
1.4205 1.4130
1.4188 1.4116
1.4175 1.4102
1.4161 1.4088

Hi...

RECAP:



zigzag-wise I have got this ... as possible pullback zones ... in case of not pushing higher than 1.4233 later ...



ZigZag A-B-C (Update - 31.03.2011 - 14h25 - Thursday)

1.4261 1.4188<=
1.4247 1.4175 <= pullback zones
1.4233 1.4161<=
1.4219 1.4144 <= in case of an extention ...
1.4205 1.4130
1.4188 1.4116
1.4175 1.4102
1.4161 1.4088

Hi & Lo
1.4233 1.4116



;-|


and this is a bigger picture in case of an enxtention ...



ZigZag A-B-C (Update - 31.03.2011 - 14h55 - Thursday)

1.4283 1.4152
1.4258 1.4127
1.4233 1.4102
1.4208 1.4071
1.4183 1.4046
1.4152 1.4022
1.4127 1.3997
1.4102 1.3972

UP DOWN
1.4233 1.4022



;-|
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-03-31_17h14_ EURUSD _ min480 _ (120) candle + PP + ST3.PNG Size: 27 KB
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #416,437
  • Mar 31, 2011 8:49am Mar 31, 2011 8:49am
Quoting sriramsh
It might sound weird but we might start seeing some action in EU post london close....
1.4212 still holds... minor bearish outlook in place as long as 1.4212 holds.... medium and major trendline both buillish...
  • #416,438
  • Mar 31, 2011 8:49am Mar 31, 2011 8:49am
Quoting AllyB
a buckeye can multitask???...
i heard that !! sorry i couldn't respond sooner , as i was doing something else !!
hang on to your bread......unless you want toast
  • #416,439
  • Mar 31, 2011 8:52am Mar 31, 2011 8:52am
Quoting Gld
i heard that !! sorry i couldn't respond sooner , as i was doing something else !!
now that sounds like a true buckeye!

i am beginning to feel outnumbered here
  • #416,440
  • Mar 31, 2011 8:53am Mar 31, 2011 8:53am
Quoting DarkWolF
Stressful and frustrating.... ? Trading .... ?



I believe that if you enjoy doing it then the stress and frustration are no longer there.
Sure it becomes a lot easier when you are making some decent bucks and you are in a comfort zone with your trading.
The sort of pressure and stress I enjoy most is wondering whether I will have enough ice and whether I have enough meat for the barbie.
" Never let the past hold the future to ransom "
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