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EURUSD

  • #469,201
  • Jun 22, 2011 9:27am Jun 22, 2011 9:27am
.....
Attached Image
Look Sharp/Trade Tight
  • #469,202
  • Jun 22, 2011 9:29am Jun 22, 2011 9:29am
Quoting FibbinArchie
indeed it is and does...
Yeap. Mix that with s/r derived from data (I am looking at it all the way back to 2003) and you have a good system. The only problem remains to execute it. And that's the tricky part.
  • #469,203
  • Jun 22, 2011 9:31am Jun 22, 2011 9:31am
Buy more EURO , it is all good!



Seb
  • #469,204
  • Jun 22, 2011 9:31am Jun 22, 2011 9:31am
Quoting forexwizard
Any One with opinions regards FOMC due in about 2hrs+?
If they push to 1.445x before or minutes after I will be only looking for shorts on Friday. Above that level and there is collateral damage in the daily downtrend and range for a few weeks...Expecting dollar on hold until next FED decision.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #469,205
  • Jun 22, 2011 9:32am Jun 22, 2011 9:32am
the battle begins
If you are new to Forex? Say Goodbye to your account!!
  • #469,206
  • Jun 22, 2011 9:32am Jun 22, 2011 9:32am
Quoting attila
Yeap. Mix that with s/r derived from data (I am looking at it all the way back to 2003) and you have a good system. The only problem remains to execute it. And that's the tricky part.
ahh yeah systems (even good systems) are 10 a penny, but the right psychological make up and emotional control to trade it effectively are the true holy grail...
  • #469,207
  • Jun 22, 2011 9:33am Jun 22, 2011 9:33am
Quoting T@rantula
A=Entry: 1.4362
B=Stop: 1.4335
Z=Target 1.4585

Risk (x)= (A-B) = 4362-4335=27 x=27

Reward (Y) = (Target (Z) - A) y=223


Y:X ratio ( r:r ratio)= y/x

y/x=8.25:1
Its almost 3:1 RR

I will scale out a part now

+ 73 pips
  • #469,208
  • Jun 22, 2011 9:33am Jun 22, 2011 9:33am
Quoting FibbinArchie
sos, doubt they'll change it and we'll have to sit through an hour or two of sad sack's bs and the market will whip about mad as a box of frogs taking out stops...

if they hike, then freight train...
thanks
  • #469,209
  • Jun 22, 2011 9:34am Jun 22, 2011 9:34am
Now you know why I post gold price)))
  • #469,210
  • Jun 22, 2011 9:35am Jun 22, 2011 9:35am
all right cue gloating posts...
Look Sharp/Trade Tight
  • #469,211
  • Jun 22, 2011 9:35am Jun 22, 2011 9:35am
Quoting KiwiTrada
the battle begins
round 1 bulls easy stop gobbling pricks
If you are new to Forex? Say Goodbye to your account!!
  • #469,212
  • Jun 22, 2011 9:36am Jun 22, 2011 9:36am
Ready to go to 1.4600 boys?
  • #469,213
  • Jun 22, 2011 9:36am Jun 22, 2011 9:36am
Quoting T@rantula
Its almost 3:1 RR

I will scale out a part now

+ 73 pips

add some it jumped lol + 78
  • #469,214
  • Jun 22, 2011 9:36am Jun 22, 2011 9:36am
Quoting sisse
If they push to 1.445x before or minutes after I will be only looking for shorts on Friday. Above that level and there is collateral damage in the daily downtrend and range for a few weeks...Expecting dollar on hold until next FED decision.

sisse
4471.8....
Look Sharp/Trade Tight
  • #469,215
  • Jun 22, 2011 9:36am Jun 22, 2011 9:36am
Quoting PipVip
Ready to go to 1.4600 boys?
2h ago
  • #469,216
  • Jun 22, 2011 9:37am Jun 22, 2011 9:37am
Quoting T@rantula
Its almost 3:1 RR

I will scale out a part now

+ 73 pips
Excellent as mostly ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #469,217
  • Jun 22, 2011 9:37am Jun 22, 2011 9:37am
Good job bulls, it only took 5 days... but damn, you are now back to the start of the last bear bar...

  • #469,218
  • Jun 22, 2011 9:37am Jun 22, 2011 9:37am
Quoting FibbinArchie
ahh yeah systems (even good systems) are 10 a penny, but the right psychological make up and emotional control to trade it effectively are the true holy grail...
I posted this over the weekend. It explains why we are always wrong. It's all in the brain, like you said.

http://www.forexfactory.com/showthre...92#post4705192
  • #469,219
  • Jun 22, 2011 9:38am Jun 22, 2011 9:38am
Quoting sisse
If they push to 1.445x before or minutes after I will be only looking for shorts on Friday. Above that level and there is collateral damage in the daily downtrend and range for a few weeks...Expecting dollar on hold until next FED decision.

sisse
ok.but seems the battle for.445x might have began now?
  • #469,220
  • Jun 22, 2011 9:38am Jun 22, 2011 9:38am
oh crape.. bulls come alive..

add short... now my BE at 4426
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