Attachments: EURUSD

EURUSD

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#484,921
Jul 10, 2011 1:37pm Jul 10, 2011 1:37pm

Chicky
Joined Sep 2008 | Status: Married - 5 Wives | 14,713 Posts

Quoting egkid

Disliked

Thanks bro
But what does prediction mean?
If i said PA going to X point in xx TF that called prediction?

I don't try tp prove anything we all learn but i enjoy useful thinking - discussion maybe somehow philosophy

Ignored

To me prediction is anticipating longer term direction of the pa from a certain broken level. Probably 1,000 or 2,000 pips before it returns to this level, if it does at all.

I still enjoy favors from one of my neighbors who I advised to buy euro when it was below par, I think around 0.8xxx

The Thief of Wall Street

#484,922
Jul 10, 2011 1:53pm Jul 10, 2011 1:53pm

Magix
Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts

Quoting Chicky

Disliked

I still enjoy favors from one of my neighbors who I advised to buy euro when it was below par, I think around 0.8xxx

Ignored

Favors...

Hrmmmmmmmmmmmmmmmmm???

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!

#484,923
Jul 10, 2011 2:05pm Jul 10, 2011 2:05pm

pkimnyc
Joined Oct 2007 | Status: Sniper | 14,770 Posts

Quoting egkid

Disliked

Seems not many care to talk about why should i care and spend time to explain or maybe they know all.

C U later when market open

Ignored

the way i look at it, market will only do 2 things. either we go up or down. 5 things to predict is way out of my hands atm. prediction is one thing, but how you trade it to make money is more important for me.

bottom line...

if there is no tradable set up at xxxx predicted price level, which i'm sure there will be more than 10 different price levels to remember, then i prolly wasted couple of hours or more bsing with chart with all the abc through xyz nonsense.

no offense to you, but, i just don't see the point of discussing what the price will do in the future. and, don't get me wrong, i love ew also, and i use it sometimes. but even with ew, i just don't see how you can benefit from having bunch of different possibilities to work with. if you have a great success with it then i sincerely congratulate you. i just want to make some money at the end of the week. that's all.

cheers.

#484,924
Jul 10, 2011 2:07pm Jul 10, 2011 2:07pm

pkimnyc
Joined Oct 2007 | Status: Sniper | 14,770 Posts

Quoting Magix

Disliked

Favors...

Hrmmmmmmmmmmmmmmmmm???

Ignored

you guys live in same town? :o

#484,925
Jul 10, 2011 2:29pm Jul 10, 2011 2:29pm

Mr Hatch
Joined Jan 2010 | Status: Trader | 11,001 Posts

Quoting Magix

Disliked

Chix in Shorts...

Amazing? Well, pretty damn awesome anyways...

Ignored

Is she a Jedi? Never mind, she's cute.

http://www.insidesocal.com/tomhoffar..._Solo-nike.jpg

#484,926
Jul 10, 2011 2:37pm Jul 10, 2011 2:37pm

pkimnyc
Joined Oct 2007 | Status: Sniper | 14,770 Posts

Quoting Mr Hatch

Disliked

Is she a Jedi? Never mind, she's cute.

http://www.insidesocal.com/tomhoffar..._Solo-nike.jpg

Ignored

No. She's java the hut in disguise.... but I agree.... she's hot.

#484,927
Jul 10, 2011 2:42pm Jul 10, 2011 2:42pm

Venice
Joined Jul 2010 | Status: Weebley Wobbly Timey Wimey stuff | 10,604 Posts

Quoting Magix

Disliked

I think I read a while back where you were openning an account for $400 to play the daily trend to see what your account would be at after 1 year....

Going off probabilities and general market movements I would think that the numbers would look a lot like this...

There are 52 weeks in a year.
Of which we Trade 5 days per week.
The average daily movement on EURUSD is about 130 pips,
And the statistics say that if you play the daily trend, you will be right 68% of the time.
Assuming that you cash in some chips, and only make 50% of the daily movement...

Ignored

250$, but yes. And, of course I am compounding (Maximum available leverage per a specific set of calculations I use to determine lot sizes are used... cool thing about daily... is I boast around a 93% accuracy. Although, the hits are usually a little bit heavier since I need to be absolutely sure I am wrong. I will never seed a new account with more than 250$. No reason to anymore.

And, it's fun building them up from that low of a balance

#484,928
Jul 10, 2011 2:48pm Jul 10, 2011 2:48pm

pipper
Joined Jul 2009 | Status: Trader | 4,859 Posts

EU's Van Rompuy calls emergency debt crisis talks

http://uk.reuters.com/article/2011/0...76914C20110710

Disclaimer: Check your 1m charts

#484,929
Edited 3:03pm Jul 10, 2011 2:51pm | Edited 3:03pm

pipper
Joined Jul 2009 | Status: Trader | 4,859 Posts

Rescue fund not big enough for Italy

http://uk.reuters.com/article/2011/0...7691ZV20110710

Disclaimer: Check your 1m charts

#484,930
Jul 10, 2011 3:02pm Jul 10, 2011 3:02pm

amasat
| Joined Apr 2008 | Status: Trader | 353 Posts

any one can tell plz whats the price now ????? my broker is still close

#484,931
Jul 10, 2011 3:04pm Jul 10, 2011 3:04pm

pkimnyc
Joined Oct 2007 | Status: Sniper | 14,770 Posts

Quoting amasat

Disliked

any one can tell plz whats the price now ????? my broker is still close

Ignored

4250

#484,932
Jul 10, 2011 3:04pm Jul 10, 2011 3:04pm

eqshack
Joined Jul 2011 | Status: Lord Of War | 1,853 Posts

Quoting amasat

Disliked

any one can tell plz whats the price now ????? my broker is still close

Ignored

1.4249

Early to bed, early to rise, keeps you healthy, wealthy and wise.

#484,933
Jul 10, 2011 3:04pm Jul 10, 2011 3:04pm

Mr. Aldi
| Joined Dec 2009 | Status: Broody rooster, not cocky | 994 Posts

Quoting pkimnyc

Disliked

4250

Ignored

http://forex.tradingcharts.com/chart...php?sym=EURUSD

#484,934
Jul 10, 2011 3:06pm Jul 10, 2011 3:06pm

amasat
| Joined Apr 2008 | Status: Trader | 353 Posts

Quoting pkimnyc

Disliked

4250

Ignored

thanks mate

#484,935
Jul 10, 2011 3:06pm Jul 10, 2011 3:06pm

2046
Joined Jul 2010 | Status: Trader | 1,407 Posts

Just for discussion:

M15: considering a long to 1.4285 depending on asian open.
h1: will look at levels around 1.428. A bounce from there would confirm bearish continuation
h4,d1: short from 1.444 still valid with TP of half positioin at 1.416, other half for manual close through bullish ichimoku TK cross

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