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EURUSD

  • #519,761
  • Aug 11, 2011 4:21am Aug 11, 2011 4:21am
Fekkin M5 support...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #519,762
  • Aug 11, 2011 4:21am Aug 11, 2011 4:21am
SL to break even. It has been such a good week I think I will just let this one ride for the day
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  • #519,763
  • Aug 11, 2011 4:23am Aug 11, 2011 4:23am
close for +7
now waiting for a good place to short
Quoting hkkhanus
long at 29
got to love the ranging PA
  • #519,764
  • Aug 11, 2011 4:23am Aug 11, 2011 4:23am
Quoting fxjawn
nice...
Good work, brother.
  • #519,765
  • Aug 11, 2011 4:24am Aug 11, 2011 4:24am
i just want to know how long they can prop this thing up for..
  • #519,766
  • Aug 11, 2011 4:24am Aug 11, 2011 4:24am
Quoting Magix
Fekkin M5 support...
38.2 of yesterday's high to low

nothing new here
  • #519,767
  • Aug 11, 2011 4:24am Aug 11, 2011 4:24am
Hi guys, can someone please help me with a question. Not sure exactly how to pose the question, but let me try:

If I place a trade, there is say a 50/50 chance as example of up or down. If I take the spread into consideration, how does that affect the 50% chance? What is the percentage then?

With a risk risk/reward of 1:2 (money management), how does this affect the scenario?
To Infinity and Beyond!
  • #519,768
  • Aug 11, 2011 4:24am Aug 11, 2011 4:24am
Quoting Magix
Fekkin M5 support...
Over and over and over.

Too much feckin power in that thing sometimes!
  • #519,769
  • Aug 11, 2011 4:25am Aug 11, 2011 4:25am
Not yet find any good entry. waiting for good signal. also waiting for closing targeted area for closing long trade.
Lets hope! I find Entry to trade today or not. (not happy for latest movment)
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Trade what you see, Not what you think.
  • #519,770
  • Aug 11, 2011 4:26am Aug 11, 2011 4:26am
Quoting Gleneagles
Temporary top in place with good 2 way action, ATR has dropped on 5M to "normal" levels again. Rangetrading until NY decides direction?

Standing aside for now....
Well done, Glen!

Good call on standing aside for a while, too. See what NY makes of it all.
  • #519,771
  • Aug 11, 2011 4:27am Aug 11, 2011 4:27am
Quoting peterrr
Hi guys, can someone please help me with a question. Not sure exactly how to pose the question, but let me try:

If I place a trade, there is say a 50/50 chance as example of up or down. If I take the spread into consideration, how does that affect the 50% chance? What is the percentage then?

With a risk risk/reward of 1:2 (money management), how does this affect the scenario?
Statistically it is not 50/50. But the spread does not effect the statistics per se > the spread merely effects the reward from a correct outcome.
  • #519,772
  • Aug 11, 2011 4:27am Aug 11, 2011 4:27am
Quoting fxjawn
i used to date a girl from toewerantoe
Torronna?
  • #519,773
  • Aug 11, 2011 4:28am Aug 11, 2011 4:28am
Long @ 4232. Price target @ 4270
  • #519,774
  • Aug 11, 2011 4:32am Aug 11, 2011 4:32am
Going to put the head down for a couple of hours. Catch you guys in a while.

Cheers!

Oh yeah...break this bloody range while I'm out, would you? Up...down...it don't matter.
  • #519,775
  • Aug 11, 2011 4:32am Aug 11, 2011 4:32am
Quoting kenfen69
Good work, brother.
thanks
  • #519,776
  • Aug 11, 2011 4:34am Aug 11, 2011 4:34am
Nice Magix!


Quoting Magix
Fekkin M5 support...
Trade what you see, Not what you think.
  • #519,777
  • Aug 11, 2011 4:43am Aug 11, 2011 4:43am
Quoting Walker93
Statistically it is not 50/50. But the spread does not effect the statistics per se > the spread merely effects the reward from a correct outcome.
Is there a formula that can be used for calculating the 'odds'? Taking into consideration the probability, spread and risk/reward ratio?
To Infinity and Beyond!
  • #519,778
  • Aug 11, 2011 4:46am Aug 11, 2011 4:46am
closed that last short from the top for +28 had to reshort
  • #519,779
  • Aug 11, 2011 4:47am Aug 11, 2011 4:47am
Quoting khizer
Nice Magix!
hey buddy hope ur doing well
  • #519,780
  • Aug 11, 2011 4:47am Aug 11, 2011 4:47am
will be watching 13.5 on the hourly close...
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