EURUSD | Page 21206 | 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

  • #424,101
  • Apr 19, 2011 10:30am Apr 19, 2011 10:30am
Quoting TradeForexFx
Good to see recognition of talentfx's trading skills. Now it is talent's turn to be a little more respectful to the forum and their members.

TF
I agree, while it is easy to be put off from his general attitude towards the community, I must admit talent has helped me with a few successful trades today, along with guidance from some other members.

This thread has magic inside, if you can filter through people poking fun, those who don't know what they are talking about and the general riff raff you get here. This thread has become a new form of entertainment, on days I don't feel comfortable trading I still like to come watch this thread and take a look at who is challenging who on that particular day

Keep up the good work talent, but his right, you can be happy about finding success in your system without getting on peoples nerves
  • #424,102
  • Apr 19, 2011 10:30am Apr 19, 2011 10:30am
Quoting Egy2011
Hi Gator, why 00 EST this almost 13:00 Japan time
what time does your daily candle close?
those who can, do. those who cant, talk about those who can
  • #424,103
  • Apr 19, 2011 10:31am Apr 19, 2011 10:31am
Quoting johnnyrei
Ahh ok sorry brother - i thought you're bullish. Will challenge you with your Lambo @ drag race soon!!!
yah i said atta boy when you said adding shorts soon lambo hands down
Ambition
  • #424,104
  • Apr 19, 2011 10:31am Apr 19, 2011 10:31am
Closed long due to H1 chart, +70 pips. Will wait for daily close before any more action on this pair
Attached Image (click to enlarge)
Click to Enlarge Name: USDDEUUUR.png Size: 126 KB
  • #424,105
  • Apr 19, 2011 10:32am Apr 19, 2011 10:32am
Quoting Forexia
I hope you are right, Attila. I am with you.
yes we have a market bulls and bears wow that never happens
Ambition
  • #424,106
  • Apr 19, 2011 10:32am Apr 19, 2011 10:32am
Here's my question re current price action then:

If you're short based on 1W, 1D, 4H, 1H timeframes what timeframe do you enter the trade? 5M? 15M? 1M?

Based on this answer, what size account would you need to allow for wiggle room and drawdown? eg. If Talent's building of shorts is so good, it would mean one trade is seriously under the water for some time. Why not just come in when trend is confirmed?

From what I can gather... people's views are short because the current move UP is a countertrend of a big daily/hourly move down. But since it is moving up.... SHORTERS are effectively just calling tops? Is this right?

Just noobie questions... ignore if it doesn't relate to you.
A pip is only worth it if you know how much you risked to earn it
  • #424,107
  • Apr 19, 2011 10:32am Apr 19, 2011 10:32am
you again kid, lol, still running your mouth I see..lol...what your short a couple eh kid...well good luck kid, hope you get enough pips to get that new bike you have been wanting...and the gummy bears, at any rate, good luck kid...
Look Sharp/Trade Tight
  • #424,108
  • Apr 19, 2011 10:33am Apr 19, 2011 10:33am
Quoting Forexia
I hope you are right, Attila. I am with you.
i may or i may not. all i was asking is evidence the current trend (direction) is down

there's been an up move for the last 16 hours. i guess that means it's time to go short. anyway, i'll continue to use this thread as a good contrarian indi....
  • #424,109
  • Apr 19, 2011 10:34am Apr 19, 2011 10:34am
Short from here or/add @ 1.4348 to 1.4370 area.
Attached Image (click to enlarge)
Click to Enlarge Name: eur.gif Size: 18 KB
Never Ever Give Up!
  • #424,110
  • Apr 19, 2011 10:34am Apr 19, 2011 10:34am
well done
Quoting Armst227
Closed long due to H1 chart, +70 pips. Will wait for daily close before any more action on this pair
Attachment
  • #424,111
  • Apr 19, 2011 10:34am Apr 19, 2011 10:34am
And now we are stuck.
Make your losses in demo. Earn your profits live.
  • #424,112
  • Apr 19, 2011 10:35am Apr 19, 2011 10:35am
see the chart how the PA reacts on the top and the bottom of the channel?
I thing this is the potential area to buy the pair
Attached Image (click to enlarge)
Click to Enlarge Name: ss1.gif Size: 38 KB
Read the chart... Fundies are catalyst...
  • #424,113
  • Apr 19, 2011 10:36am Apr 19, 2011 10:36am
Quoting vlady1974
Here's my question re current price action then:

If you're short based on 1W, 1D, 4H, 1H timeframes what timeframe do you enter the trade? 5M? 15M? 1M?

Based on this answer, what size account would you need to allow for wiggle room and drawdown? eg. If Talent's building of shorts is so good, it would mean one trade is seriously under the water for some time. Why not just come in when trend is confirmed?

From what I can gather... people's views are short because the current move UP is a countertrend of a big daily/hourly move down. But since...
actually i messed up my shorts are a day old i shouldve taken profit rode it up and I would be shorting again right about here i watched 200 pips in profit dwindle to zero but i know its going lower so its no biggie
Ambition
  • #424,114
  • Apr 19, 2011 10:38am Apr 19, 2011 10:38am
Quoting attila
i may or i may not. all i was asking is evidence the current trend (direction) is down ....
Monday's low was the lowest low in 9 trading days doesn't mean much to you. BTW I'm not sure ...... yet.
  • #424,115
  • Apr 19, 2011 10:39am Apr 19, 2011 10:39am
Quoting vlady1974
Here's my question re current price action then:

If you're short based on 1W, 1D, 4H, 1H timeframes what timeframe do you enter the trade? 5M? 15M? 1M?

Based on this answer, what size account would you need to allow for wiggle room and drawdown?...
1)I look at all time frames and enter at 15 minute or 5 minute chart. mostly 15.

2)drawdowns is based on ones own money management some people may be more aggresive or some maybe more defensive. u need to be able to handle the pips that will go in the wrong direction and until such situation that it wont return to where you want for a number of times and a number of trades.

3)if there is such thing as 100% confirmed then there would be 95% winners and 5% losers. however there is still such price actions that would give atleast 90% win rate when you are watching the prices close enough at 15m time frame in high trading volume times provided no news intervention.

4) no you are wrong, i am short because of past experience of watching the market. if u think this is a bull market, then it is wise to go long as the trend has just started. but i dont view this as a bull or up trend, this is just a retracement to me.

the answer above is solely based on personal experience and reply and please do not take any trades based on my answers. hope it helps.
  • #424,116
  • Apr 19, 2011 10:40am Apr 19, 2011 10:40am
Quoting SunTrader
Monday's low was the lowest low in 9 trading days doesn't mean much to you. BTW I'm not sure ...... yet.
ok, so? i'm not trading weekly. i'm talking intraday, current direction from there. we are 160 pips away from there. you tell me why would i go short NOW? what is the evidence in the PA?
  • #424,117
  • Apr 19, 2011 10:40am Apr 19, 2011 10:40am
Quoting gatorinla
what time does your daily candle close?
As i trade with Windsore, the daily candle closes @ 24:00 Cyprus locale time, that is 21:00 GMT, 17:00 EST
  • #424,118
  • Apr 19, 2011 10:40am Apr 19, 2011 10:40am
Quoting talentfx
actually i messed up my shorts are a day old i shouldve taken profit rode it up and I would be shorting again right about here i watched 200 pips in profit dwindle to zero but i know its going lower so its no biggie
All that mouth for this..Lol...Atleast Iam a newbie and made 300 in Mini a/c...lol....Good luck.

Concentrate on the trade not not RAP.
  • #424,119
  • Apr 19, 2011 10:41am Apr 19, 2011 10:41am
Quoting EdgarNg
my win rate is 70%+ and if im wrong on this im wrong. im short anyway. no regrets. its a bear pattern.
Yeah !! Right on Edgar !
Yet it turns ( the earth )
Yet it moving slower and slower upward

Soon it is going down, maybe before 4230/40 level...
--------------------------------------------------------------------------
Stuborn or perseverant ? Only time tells
  • #424,120
  • Apr 19, 2011 10:42am Apr 19, 2011 10:42am
Why would you give back 200 hard earned pips?

Even if I think like you about the direction of the trade, there are no guarantee, you shouldn't count on it.

Quoting talentfx
actually i messed up my shorts are a day old i shouldve taken profit rode it up and I would be shorting again right about here i watched 200 pips in profit dwindle to zero but i know its going lower so its no biggie
422 traders viewing now