EURUSD | Page 24359 | 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

  • #487,161
  • Jul 12, 2011 1:40pm Jul 12, 2011 1:40pm
Quoting Ravissek
Are the professionals more scalping or long terming?
I am scalping today and pretty better results than Waiting for some 30min/hour signals.Scalping THV methods on 1m and 5m timeframe.
Around 20pips make in hour.
Scalping almost always will generate more pips over the bigger time frames. Bigger time frames offer more reliability, less market exposure to BS moves etc.

Oh, and not having to stare at charts 24/7 to scalp out a few pips.
  • #487,162
  • Jul 12, 2011 1:42pm Jul 12, 2011 1:42pm
lol
Quoting attila
add: sick, pissed, wife bitching, dog barking, baby crying, neighbors tv blasting. I can go on and on. Oh, and somebody on the e/u thread said it's time to get in.
  • #487,163
  • Jul 12, 2011 1:43pm Jul 12, 2011 1:43pm
EUR is no clear yet ... The market maker may take eur swing up and down ....

Rang 1.4050 - 1.3880 ..
  • #487,164
  • Jul 12, 2011 1:43pm Jul 12, 2011 1:43pm
Who wanna know the last point for bears?
Oh i forgot that predictions
c u tomorrow
  • #487,165
  • Jul 12, 2011 1:43pm Jul 12, 2011 1:43pm
Quoting Stretch
Yeah you were too fast! haha. I even wanted to reply something on his question but that wasn't needed after all!
How did your dustbin day go?
can you tell i am bored? LOL

today was one of those that i stayed out for the most part. i didn't start trading until NY open and it did nothing but consolidate during most of that time. scalped for awhile and managed to get 42. how was your day?
  • #487,166
  • Jul 12, 2011 1:43pm Jul 12, 2011 1:43pm
will be keeping a close eye on 4074ish....
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 15 KB
Look Sharp/Trade Tight
  • #487,167
  • Jul 12, 2011 1:43pm Jul 12, 2011 1:43pm
Quoting egkid
Who wanna know the last point for bears?
Oh i forgot that predictions
c u tomorrow
hah, they are really pushing for that bull candle.
  • #487,168
  • Jul 12, 2011 1:46pm Jul 12, 2011 1:46pm
Quoting Flynchenberg
The insane idiots are in charge. From FOMC minutes: "A staff presentation provided an overview of ongoing Federal Reserve research on dynamic stochastic general equilibrium (DSGE) models. DSGE models attempt to capture the dynamics of the overall economy in a way that is consistent both with the historical data and with optimizing behavior by forward-looking households and firms. "

WTF?
Well, I have good news and bad news. The bad news is I actually understand what that crap is selling. The good news is I've understood it long enough to know that the models (virtually all macro models, in fact) are total bu11shut.

I'm going to town, long since just before 0800ET, except for three cheap little headfake rolls between 9 and noon.
  • #487,169
  • Jul 12, 2011 1:47pm Jul 12, 2011 1:47pm
Quoting PayTheLimit
will be keeping a close eye on 4074ish....
Was rejected at 50, although it looks like it wants to make another run for it. If it breaks it, then 4090 and 4130 possible. Lower 4000 could be another bouncing point.
  • #487,170
  • Jul 12, 2011 1:47pm Jul 12, 2011 1:47pm
Quoting gatorinla
smaller trade. based on mid support on usdx. at 75.88 mofu. stops wider here.

i was sleeping and missed 4021.. usdx wasn't ripe then anyway. i may have a full scalp at 4021 4010..

atm usdx knocking on the 75.88 door. risk is 4021 plus a few.
ff was phuking up.. and i was unable to post.
risk was 4021 plus a few.
reward was 3877 plus trend continuation.
i have resistance just near the others posted at 4054.9
the same thing that suggested 3877 also suggest that an apple is cut both ways. and that would be above what i read here at 4089.4
it have older resistance at 4097.8
not suggesting we go to this but 4140 is the higher one.
4057 was a bearish b/o on the day. a b/o does not say how far it will go. s/r can always stop any move or at least slow it.
its about r/r to me, and at 4021 ..with a 4 pip stop that was 36 to 1..
we have still not touched 4054.9.. a good place for a dt with 4057 (+a few) included in a s/l....
those who can, do. those who cant, talk about those who can
  • #487,171
  • Jul 12, 2011 1:50pm Jul 12, 2011 1:50pm
Quoting Venice
Scalping almost always will generate more pips over the bigger time frames. Bigger time frames offer more reliability, less market exposure to BS moves etc.

Oh, and not having to stare at charts 24/7 to scalp out a few pips.
I am not sure about that one mate, otherwise FF will be full of successful rich traders.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #487,172
  • Jul 12, 2011 1:50pm Jul 12, 2011 1:50pm
Long at 4040...BE SL already.....HMMMMM

***S/O
  • #487,173
  • Jul 12, 2011 1:52pm Jul 12, 2011 1:52pm
Quoting needpips
Long at 4040...BE SL already.....HMMMMM
the problem with present configuration is you get a stronger candle that will make you go long, but the darn thing decides to draw another bull flag and that's going to take your SL out for it to then go to your initial TP, just to create maximum damage. Or it could just reverse here. Not a long I would take right now.

edit: all in view of M5
  • #487,174
  • Jul 12, 2011 1:54pm Jul 12, 2011 1:54pm
Done for today. Covered half. Let the rest run.
bye for now
Attached Image (click to enlarge)
Click to Enlarge Name: long6.JPG Size: 89 KB
  • #487,175
  • Jul 12, 2011 1:54pm Jul 12, 2011 1:54pm
Quoting attila
the problem with present configuration is you get a stronger candle that will make you go long, but the darn thing decides to draw another bull flag and that's going to take your SL out for it to then go to your initial TP, just to create maximum damage. Or it could just reverse here. Not a long I would take right now.

I C that now....I saw the spinners on the 5 and waited for the the first green....ahhh now it moves....
  • #487,176
  • Jul 12, 2011 1:55pm Jul 12, 2011 1:55pm
Quoting AllyB
can you tell i am bored? LOL

today was one of those that i stayed out for the most part. i didn't start trading until NY open and it did nothing but consolidate during most of that time. scalped for awhile and managed to get 42. how was your day?
Hahaha yes, go look for a hobby! no just kidding..

Yeah NY open was probably not a great time today. But than you still did a great job on the 42!
Well I only had time around frankie and london open, after that I had to go to work (so no NY open for me). But I was lucky to catch a little downside move this morning. It were a few bigger dustbins/scalps as usual, used the dustbin levels and some fibs. But I got two bigger losses as well haha.
Still positive though with +57 thus far. I am now sidelines but still looking at my screen.
  • #487,177
  • Jul 12, 2011 1:55pm Jul 12, 2011 1:55pm
Quoting gatorinla
ff was phuking up.. and i was unable to post.
risk was 4021 plus a few.
reward was 3877 plus trend continuation.
i have resistance just near the others posted at 4054.9
the same thing that suggested 3877 also suggest that an apple is cut both ways. and that would be above what i read here at 4089.4
it have older resistance at 4097.8
not suggesting we go to this but 4140 is the higher one.
4057 was a bearish b/o on the day. a b/o does not say how far it will go. s/r can always stop any move or at least slow it.
its about r/r to me, and at 4021...
reward for above setup is 4003 st.
lt 3613.
those who can, do. those who cant, talk about those who can
  • #487,178
  • Jul 12, 2011 1:56pm Jul 12, 2011 1:56pm
Quoting sisse
I am not sure about that one mate, otherwise FF will be full of successful rich traders.

sisse
Aye, allow me to rephrase that.

Skilled Scalpers who properly manage their risk will pull in more pips then a daily chart trader.

But, I make more than enough to keep me content on the daily. Don't know why people chase price around all day long

Just looking at the 15m, there is no reason why I shouldn't pull in at least double what I do on the daily.

But, 15m is really, really boring. Can hardly stand it.
  • #487,179
  • Jul 12, 2011 1:56pm Jul 12, 2011 1:56pm
Quoting cloggie
Just don't be looking for shorts just yet......
Quoting cloggie
40
Simples. Anyone who did not make at least 40-50 pips here should really reconsider trading and go google your local truck driving school phone number instead.
  • #487,180
  • Jul 12, 2011 1:59pm Jul 12, 2011 1:59pm
Quoting needpips
Long at 4040...BE SL already.....HMMMMM

***S/O
moved sl=be after 1pip proffit ?
2,681 traders viewing now