EURUSD | Page 24325 | 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

  • #486,481
  • Jul 12, 2011 1:25am Jul 12, 2011 1:25am
Quoting Larseg
Whats the deal with those moving averages, never understood why people even have them in there...

Is it so hard to see its going up or down? use 2-3 screens and youre sweet with sober MM... If you dont use your brain your fucked...
It's like with charts in general, why the fuck are people looking at them at all? Because they do, and same goes for every single line one can draw on that chart, we do it because we believe there's others who do it to.
Like fib levels, why do people plot those on their charts, because they believe they might mean something. Why should they mean something? Because enough people think that they mean something to make it a self-fulfilling indi.

A daily 800 SMA doesn't get crossed by PA very often. It's either above or below for a very long time. It shows that a major long-trend reversal has been taking place and is there to continue for quite some time.
Don't get mad, get even!
  • #486,482
  • Jul 12, 2011 1:28am Jul 12, 2011 1:28am
We still have 3900 (50% of the yearly move up) to take before any 3700,3600, etc
  • #486,483
  • Jul 12, 2011 1:29am Jul 12, 2011 1:29am
Oh I love it, roll out of bed, not even had my morning coffee yet and I've already made 10% of my account. Good Morning all and I hope you all have green pips yourselves today.
I operate with clear definite rules, if I break them I lose BIG!
  • #486,484
  • Jul 12, 2011 1:31am Jul 12, 2011 1:31am
Quoting IMARICH1
Gator....great calls today.....and you too RAZA


Anyways, what do you have for a bounce or resistance? I'm thinking a retrace to 3985?
1.3988 is broken...dont look to buy...only to sell..1.4187 is your hardcore

resistence...ATM...which is far far away....

OTHERWISE STAY OUT TILL IT MAKES SENSE...

Market is On a mission and is Bearish as you can see it,..

Why is that you guys buy when its going down? and sell when its going up....?
Markets are not Random, they are designed!
  • #486,485
  • Jul 12, 2011 1:33am Jul 12, 2011 1:33am
Quoting gatorinla
1h closed below mofu with a unbroken candle.. c you at 3910 soon
sweet man. c u there!
Robitussin, for the whole family
  • #486,486
  • Jul 12, 2011 1:33am Jul 12, 2011 1:33am
Quoting stulic
It's like with charts in general, why the fuck are people looking at them at all? Because they do, and same goes for every single line one can draw on that chart, we do it because we believe there's others who do it to.
Like fib levels, why do people plot those on their charts, because they believe they might mean something. Why should they mean something? Because enough people think that they mean something to make it a self-fulfilling indi.

A daily 800 SMA doesn't get crossed by PA very often. It's either above or below for a very long time....
Tape reading can be very profitable for those who are using their brain also,

I have been playing around with hundreds of EAs before I have also made some and the back tested results have been very good,

However they all have failed when forward testing and they all needed manual help... Meaning you need to use your brain to actually make it work, this is excactly why news and price action is the way to go, it might look hard for many but if you get used to it you will never go back... And you can trade whatever market you want to...

However, different TFs is needed and sound MM no matter what...
  • #486,487
  • Jul 12, 2011 1:33am Jul 12, 2011 1:33am
Quoting kenfen69
Have you got...The Eye of the Tiger?
Sorry was 'napping'. It is eye of the tiger haha, makes a good theme song though the pic isn't anything official "Survivor".
Trends, breakouts, price action.
  • #486,488
  • Jul 12, 2011 1:34am Jul 12, 2011 1:34am
Quoting Icannaesee
Oh I love it, roll out of bed, not even had my morning coffee yet and I've already made 10% of my account. Good Morning all and I hope you all have green pips yourselves today.
Freaking sweet
Thats how you doos it.
  • #486,489
  • Jul 12, 2011 1:34am Jul 12, 2011 1:34am
Anyone in here with too much money and want to donate some to me?
  • #486,490
  • Jul 12, 2011 1:35am Jul 12, 2011 1:35am
Still holding short runner fm 1.4527

Filled on E/Y short @ 112.47


As posted yesterday

Quoting Hawk2
1.4063
1.4000
Then not much for support until 1.3801
  • #486,491
  • Jul 12, 2011 1:35am Jul 12, 2011 1:35am
Quoting jeremyyn
1.375 maybe?
please
Robitussin, for the whole family
  • #486,492
  • Jul 12, 2011 1:37am Jul 12, 2011 1:37am
Quoting Hawk2
1.4063
1.4000
Then not much for support until 1.3801
Technical support down in 1.3900/10 area
200 sma 1.3907 and
50% fibbo retracement of 1.2870-1.4940 at 1.3905

Divergence on hourly....enjoy
  • #486,493
  • Jul 12, 2011 1:38am Jul 12, 2011 1:38am
watching 17/26 now...
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 16 KB
Look Sharp/Trade Tight
  • #486,494
  • Jul 12, 2011 1:40am Jul 12, 2011 1:40am
Se ya at 38. Lehman anyone?
Don't get mad, get even!
  • #486,495
  • Jul 12, 2011 1:40am Jul 12, 2011 1:40am
Quoting jeremyyn
Anyone in here with too much money and want to donate some to me?
Try this
Inserted Video
The Thief of Wall Street
  • #486,496
  • Jul 12, 2011 1:41am Jul 12, 2011 1:41am
Quoting Larseg
Whats the deal with those moving averages, never understood why people even have them in there...

Is it so hard to see its going up or down? use 2-3 screens and youre sweet with sober MM... If you dont use your brain your fucked...
One use of ma's is in trade automation. If you want to have a life, you have to automate this stuff; it isn't like, say, soybean meal where the market is open a couple hours a day, then everyone goes home. The big moves -the ones such that just one of them a week gives you more pips than could have been scalped net in a month- can commence any time of the 24h clock.

So what's a well chosen ema or set of them do for you? Gives you a line that prices moving up will stay above, until they pause, and then the ema trudges up and rejoins it. If your computer bought it when it first left that line, and then covers it when it meets the line again, there's a profit.

Of course it isn't all that simple; there's ranging markets to deal with, as well as getting across the line without getting headfaked to the tune of lots of ticks. But that's beyond you question and this reply.

That's one reason to use ma's. Ask Magix for some others reasons, and ask him if he thinks they're good for anything.

EDIT: Here's a case in point. I got up an hour ago to see if roll was imminent; the roll line was then about 25 ticks above the PA. While I was reading and writing here, the PA moved to more than 60 below the roll. That means the dance goes on for at least another stanza. And I'm going back to bed, still short.
  • #486,497
  • Jul 12, 2011 1:41am Jul 12, 2011 1:41am
Quoting Hawk2
Still holding short runner fm 1.4527

Filled on E/Y short @ 112.47


As posted yesterday
Mornin' Hawk, some good stuff there
Trends, breakouts, price action.
  • #486,498
  • Jul 12, 2011 1:43am Jul 12, 2011 1:43am
Quoting aizazk
Mornin' Hawk, some good stuff there
Good Day! and thank you.

And Hail to all the rest of you rich forex trading masters of the fiscal universe.


WOW... US Futures taking another dive...

My mommy will be so happy.
  • #486,499
  • Jul 12, 2011 1:47am Jul 12, 2011 1:47am
Quoting OldQuant
soybean meal where the market is open a couple hours a day, then everyone goes home

Look Sharp/Trade Tight
  • #486,500
  • Jul 12, 2011 1:47am Jul 12, 2011 1:47am
Quoting Chicky
Try this
http://www.youtube.com/watch?v=sdFM0rIsBKo
LOL.
389 traders viewing now