EURUSD | Page 23878 | 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

  • #477,541
  • Jun 30, 2011 10:03pm Jun 30, 2011 10:03pm
Profit taken, close enough to daily roll to not trust the 5th dig...will wait for a break or clear rejection.

Chart 1, trade with forecast

Chart 2, current....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: rs.jpg Size: 80 KB
Click to Enlarge Name: dr1.jpg Size: 68 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #477,542
  • Jun 30, 2011 10:05pm Jun 30, 2011 10:05pm
Quoting Magix
Profit taken, close enough to daily roll to not trust the 5th dig...will wait for a break or clear rejection.

Chart 1, trade with forecast

Chart 2, current....
I must say, 15m does look like it's starting to compress... but, sometimes it's hard to distinguish that in low volume times.
  • #477,543
  • Jun 30, 2011 10:05pm Jun 30, 2011 10:05pm
Hi all,

Can someone please be kind enough to explain to me how "options expiry" affect the market?

Thanks
  • #477,544
  • Jun 30, 2011 10:06pm Jun 30, 2011 10:06pm
Quoting A-game
Looks like my trendline held up just fine. Care to elaborate on your comments? I fail to see what you mean?
if you ignore the wicks its easier to see so you just draw your lines from the bars... wicks dont really matter thats all he means i think
  • #477,545
  • Jun 30, 2011 10:07pm Jun 30, 2011 10:07pm
Quoting Venice
I started off with the 5m. Thought I was the master

Market took a few bouts with me, but it finally sunk in that it was quite a falsehood.... lol
i learner my lessons from market, now i have to correct my self.

attila,CapitalismPr,Venice thanks for the input
Mohan
  • #477,546
  • Jun 30, 2011 10:08pm Jun 30, 2011 10:08pm
Quoting A-game
Your kidding right? Theres no magic platform buddy. Stick with the higher timeframes and learn the basics. All you need is love........and a price chart...
*You're

As in, You're kidding right?

You don't need to stick to the higher timeframes, and in fact if you learn the fast charts, it will lend you the knowledge for the longer tfs...

All you need is a basic understanding of support and resistance. Sessions trading. Daily roll over. Breakout strategies. Trendlines. Direction. Money Management.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #477,547
  • Jun 30, 2011 10:08pm Jun 30, 2011 10:08pm
Quoting Magix
Profit taken, close enough to daily roll to not trust the 5th dig...will wait for a break or clear rejection.

Chart 1, trade with forecast

Chart 2, current....
It should get to 99 eventually, but it may bump there.
  • #477,548
  • Jun 30, 2011 10:08pm Jun 30, 2011 10:08pm
Quoting Q-money
Anyone pay for e signals?
I've used it for a year and a bit in the past...a few years ago. Once I found a solid box of tools for MT4, I discontinued it. Haven't even looked at it since then. It certainly wasn't bad, by any means. I would be interested to see what it is like now...any improvements made...and how it would work for me now.

Will add it to the to-do list.
  • #477,549
  • Jun 30, 2011 10:08pm Jun 30, 2011 10:08pm
Quoting kiwidoc
Hi all,

Can someone please be kind enough to explain to me how "options expiry" affect the market?

Thanks
whe options expire "in the money" then they cause buy or sell orders to to fill the contracts which move the market
  • #477,550
  • Jun 30, 2011 10:09pm Jun 30, 2011 10:09pm
Quoting mohan76
i learner my lessons from market, now i have to correct my self.

attila,CapitalismPr,Venice thanks for the input

Yep... it takes time... keep at it. One way or another, you will find a way. All of us have and continue to do so. 3-5 years.
  • #477,551
  • Jun 30, 2011 10:09pm Jun 30, 2011 10:09pm
ok... I still have my short from 1.4537.....I put in a entry sh @1.4525 for a retrace and still look to achieve 1.444xx

Lets C how it shapes up in the morn
  • #477,552
  • Jun 30, 2011 10:11pm Jun 30, 2011 10:11pm
Quoting Venice
I must say, 15m does look like it's starting to compress... but, sometimes it's hard to distinguish that in low volume times.
Samesies...

I took a support trade on a 1m chart to a resistance point on the daily roll...

From here, I coulda held the fucker, but really, I see us needing to test the H1 200EMA...so, why would I hold long or buy at resistance if I see price going down?

If we clear the zone...Shit, it only takes a click of a button to get back into the action...if we don't, shit, it only takes a click of the button to get on the short ride...

I don't like to commit, when I can whip the minz on simplicity...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #477,553
  • Jun 30, 2011 10:12pm Jun 30, 2011 10:12pm
Quoting fxjawn
whe options expire "in the money" then they cause buy or sell orders to to fill the contracts which move the market

Thanks fxjawn. Keep reading about it in the news but didn't really understand its effect
  • #477,554
  • Jun 30, 2011 10:13pm Jun 30, 2011 10:13pm
Attached Image (click to enlarge)
Click to Enlarge Name: classic bearish gartley.gif Size: 32 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #477,555
  • Jun 30, 2011 10:18pm Jun 30, 2011 10:18pm
Quoting kiwidoc
Hi all,

Can someone please be kind enough to explain to me how "options expiry" affect the market?

Thanks
You may like to google this for details. Short and simple - options expire at the closing price of a certain date. Since cash settelement is based on that closing price, a battle goes on to get a favorable price. Once this objective is achieved, price is again at the mercy of other market forces.
The Thief of Wall Street
  • #477,556
  • Jun 30, 2011 10:19pm Jun 30, 2011 10:19pm
Quoting Magix
No system is perfect...but every little bit can help....

I run volume on a few charts, typically the daily to see what money is doing...

From there, it is just a matter of triggering the trends...and the tpl I posted for gamer is all ya need on an M1....
Mag...hate to bug you here.

Switching everything over from Dukas charts. They had a pretty decent volume indicator. Don't have one for MT4. Could you post up the one I see around the VSA threads...and on your charts from time to time? Would be much obliged.

Doesn't have to be now...just give me a poke when you post it...or tell me where I can grab it.

  • #477,557
  • Jun 30, 2011 10:22pm Jun 30, 2011 10:22pm
Quoting kenfen69
That is precisely what I have started doing...full time now. I love absolutely everything about jforex, except for the charting. MT4 is a little weak, too...I've used eSignal in the past...pretty good. MT4 has a few good things going for it, namely, an awful lot of talented coders around the world that make some pretty impressive tools. If it wasn't for that...I would close my terminals and forget them quicker than you can say...context busy!

Oh yeah, Stretch. If you're going to give MT4 a spin for charts, FXPro uses Dukascopy's price...
Not quite know if I understand you correctly, but you are suggesting FXPro?
Well at the moment I have jforex and the demo of MT4 (dukascopy) running, even while the demo ended, the prices still work and so does charting. Will keep it this way probably. I like the jforex too, but less for charting indeed.
  • #477,558
  • Jun 30, 2011 10:25pm Jun 30, 2011 10:25pm
Quoting Chicky
You may like to google this for details. Short and simple - options expire at the closing price of a certain date. Since cash settelement is based on that closing price, a battle goes on to get a favorable price. Once this objective is achieved, price is again at the mercy of other market forces.
Thanks Chicky
  • #477,559
  • Jun 30, 2011 10:26pm Jun 30, 2011 10:26pm
Quoting Magix
*You're

As in, You're kidding right?

You don't need to stick to the higher timeframes, and in fact if you learn the fast charts, it will lend you the knowledge for the longer tfs...

All you need is a basic understanding of support and resistance. Sessions trading. Daily roll over. Breakout strategies. Trendlines. Direction. Money Management.

Correction taken. You're as in "you're a tosser"?


In learning the aforementioned techniques, it is much easier using higher timeframes. As previously stated by another member, the higher timeframes give you much more time to make decisions and price action is easier to read. This is my own experience, however it is also the experience of the majority of successful traders, so giving your advice to someone who has just lost 80% of his gains trading 1 minute charts was probably not a great idea. Perhaps you found it easier learning on the lower timeframes? That does not necessarily mean it is suitable for all traders.
  • #477,560
  • Jun 30, 2011 10:26pm Jun 30, 2011 10:26pm
Quoting kenfen69
Was it ever! Not a good bug on a forum. Glad its resolved.



Doing well, mate. Pulling a few out myself. Getting ready for a long weekend here...little R&R.

Enjoyed the mag with a couple coffees today. Nice one, mate.

Yeah its good, I enjoy reading about interviews (especially).
All of them give away some good bits and pieces every time.

Just came back from the gym, coffee time again
514 traders viewing now