EURUSD | Page 21742 | 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

  • #434,821
  • May 4, 2011 2:58am May 4, 2011 2:58am
I have this on up side
Attached Image (click to enlarge)
Click to Enlarge Name: 04052011.jpg Size: 176 KB
  • #434,822
  • May 4, 2011 2:58am May 4, 2011 2:58am
Quoting hindustani
About women:
On the left side of their brain there is nothing right
On the right side of their brain there is nothing left
  • #434,823
  • May 4, 2011 2:59am May 4, 2011 2:59am
Hey T,

Many thanks for all the help you provided & time yu spent in here helping out. Looking forward to your morning posts too


Quoting T@rantula
Yes, I will be publishing intraday analysis of EU pair prior to London open and NY open, concerning levels, pivot points and candlestick patterns.
  • #434,824
  • May 4, 2011 3:00am May 4, 2011 3:00am
Quoting forex_growth
hey Cloggie if one was to start learning to read pa etc without indicators the way you do - where do I start reading from please - you got any threads yourself? was going to PM but I dont think you have on..?!

Im sure you get asked this all the time also, so much appreciated mate - I just wanna learn to trade consistently and effectively - once this happens the profits will naturally roll in..

thanks
Have you checked out this thread yet? I'd recommend reading through every page...
You'll also want to memorize chart patterns as well... know your wedges from you triangles, and then your candlestick reversal & continuation formations...

This thread is great
http://www.forexfactory.com/showthre...0888&page=1163

Also for basic candlestick patterns.. babypips.com
What we obtain too cheap, we esteem too lightly.
  • #434,825
  • May 4, 2011 3:00am May 4, 2011 3:00am
Quoting Dortmunder
So, when I have my range, how to play the range in a clever way? You once wrote here about "If - THEN" variables ... So .. if 72 holds then there will be a rejection to 62 and vice versa ?

NAh, you can't play a range that way, you will keep entering in the middle and will keep getting stopped out and becoming frustrated, just read the price behaviour at the tops and bottoms and see if she holds and enter. Simples.
  • #434,826
  • May 4, 2011 3:00am May 4, 2011 3:00am
Well, that goes for only 90% of them but 100% of us (assuming you're a man)?

Quoting hindustani
About women:
On the left side of their brain there is nothing right
On the right side of their brain there is nothing left
  • #434,827
  • May 4, 2011 3:01am May 4, 2011 3:01am
Quoting Capn79
Have you checked out this thread yet? I'd recommend reading through every page...
You'll also want to memorize chart patterns as well... know your wedges from you triangles, and then your candlestick reversal & continuation formations...

This thread is great
http://www.forexfactory.com/showthre...0888&page=1163

Also for basic candlestick patterns.. babypips.com

Spot on. Red is good and he takes the time to explain simple price behaviour. Combine that with identifying ranges and trends and you are on to a winner. FInd a way to trade the session breakouts. Add a bit of fundie and news knowledge to the mix and keep an eye on the clock for the obvious timed play and the calendar for the obvious calendar plays and you have a strategy that will take you to your first million.
  • #434,828
  • May 4, 2011 3:02am May 4, 2011 3:02am
Try Sam Seiden Videos and Resword11 thread

KennyZ has done a super compilation as well

Quoting forex_growth
hey Cloggie if one was to start learning to read pa etc without indicators the way you do - where do I start reading from please - you got any threads yourself? was going to PM but I dont think you have on..?!

Im sure you get asked this all the time also, so much appreciated mate - I just wanna learn to trade consistently and effectively - once this happens the profits will naturally roll in..

thanks
  • #434,829
  • May 4, 2011 3:02am May 4, 2011 3:02am
Maybe not...

Quoting brighty3k
i beg your pardon man...your chick is a lady!
  • #434,830
  • May 4, 2011 3:04am May 4, 2011 3:04am
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 174 h1 5-3-11.gif Size: 18 KB
Click to Enlarge Name: 176 15 min 5-3-11.gif Size: 30 KB
Click to Enlarge Name: 177 h1 5-4-11.gif Size: 23 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #434,831
  • May 4, 2011 3:05am May 4, 2011 3:05am
Quoting Dortmunder
So, when I have my range, how to play the range in a clever way? You once wrote here about "If - THEN" variables ... So .. if 72 holds then there will be a rejection to 62 and vice versa ?
Not an FC Bayern fan? Was gibts?

Range play is a little harder, when the range is so tiny... like the 15pip range we are in now... it's compressing, and as Cloggie mentioned, something has to give eventually. When the ranges are a lot bigger, and you play the rejection of the top/or bottom of the range, the key is the middle of the box/range... you'll want to watch that to confirm PA will go farther.

I'm not comfortable playing smaller ranges, so I'm on the sidelines until we get some confirmation one way or another.
What we obtain too cheap, we esteem too lightly.
  • #434,832
  • May 4, 2011 3:05am May 4, 2011 3:05am
We finally got a test of the top of the range I posted 90 minutes ago, pip perfect.

Quoting cloggie
Right now we are playing 47-62-77
Completed my pattern, how simple is this really. Knowing when a range starts before it does and what the exact boundaries are going to be is the most important thing a noobie needs to study as currencies spend more time ranging then trending.
  • #434,833
  • May 4, 2011 3:06am May 4, 2011 3:06am
Quoting hindustani
About women:
On the left side of their brain there is nothing right
On the right side of their brain there is nothing left
ok..this is cool
Hero calls followed by margin calls...
  • #434,834
  • May 4, 2011 3:06am May 4, 2011 3:06am
Short @ 1.4875, a bit afraid of the compression so only half size, but we're at the top of the week range, and right before London break / US Open / US News. It should hold with a tight stop, I will add if it goes south after the news.

Oh and TP 1.4790
  • #434,835
  • May 4, 2011 3:07am May 4, 2011 3:07am
thanks guys will check it all out and come back soon with input!
"Millionaires don't use astrology, billionaires do"
  • #434,836
  • May 4, 2011 3:08am May 4, 2011 3:08am
Quoting Capn79
Not an FC Bayern fan? Was gibts?

Range play is a little harder, when the range is so tiny... like the 15pip range we are in now... it's compressing, and as Cloggie mentioned, something has to give eventually. When the ranges are a lot bigger, and you play the rejection of the top/or bottom of the range, the key is the middle of the box/range... you'll want to watch that to confirm PA will go farther.

I'm not comfortable playing smaller ranges, so I'm on the sidelines until we get some confirmation one way or another.
VFB hier...
Hero calls followed by margin calls...
  • #434,837
  • May 4, 2011 3:08am May 4, 2011 3:08am
Attached Image (click to enlarge)
Click to Enlarge Name: fake50.jpg Size: 92 KB
Quoting cloggie
Spot on. Red is good and he takes the time to explain simple price behaviour. Combine that with identifying ranges and trends and you are on to a winner. Add a bit of fundie and news knowledge to the mix and keep an eye on the clock for the obvious timed play and the calendar for the obvious calendar plays and you have a strategy that will take you to your first million.

Cloggie i have a question about your definition of text book fake and shake , i've stalked you(being honest haha) and read all yr charts i learnt about the 50% fib thing as it also applies in the Euro current situation tbh i got killed by the fake out i went huge on shorting (big idiot).

the 50% thing applied and it highly probable a break out on the bottom side it hit the 50% retrace before going down, did u anticipate a break?

How do i know if its a fake out, how do i play a fake out? if i was long, how much should i hold for losses . I know this is all subjective but any pointers would do really, thanks cloggie.

ps: should i always play reversals and not anticipate a break out, it seems like this is higher probability to win and a break out would only happen with big fundie news like whats going to happen soon?

thx for yr help.
  • #434,838
  • May 4, 2011 3:09am May 4, 2011 3:09am
Quoting hindustani
About women:
On the left side of their brain there is nothing right
On the right side of their brain there is nothing left
If i could be so bold ,My mrs thought process :-


On the left side of their brain there is nothing a man can do right.

On the right side of their brain there is nothing left a man can do right.

Well my mrs anyhow.
making green pips large and red pips small this is my goal.
  • #434,839
  • May 4, 2011 3:11am May 4, 2011 3:11am
Quoting forex_growth
thanks guys will check it all out and come back soon with input!
Hero calls followed by margin calls...
  • #434,840
  • May 4, 2011 3:11am May 4, 2011 3:11am
Quoting EdgarNg
Attachment


Cloggie i have a question about your definition of text book fake and shake , i've stalked you(being honest haha) and read all yr charts i learnt about the 50% fib thing as it also applies in the Euro current situation tbh i got killed by the fake out i went huge on shorting (big idiot).

the 50% thing applied and it highly probable a break out on the bottom side it hit the 50% retrace before going down, did u anticipate a break?

How do i know if its a fake out, how do i play a fake out? if i was long, how much should...

There is only one answer, you need to learn how to read price. Fake 'n shakes are easily spotted and avoided.
361 traders viewing now