EURUSD | Page 27316 | 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

  • #546,301
  • Oct 3, 2011 1:39pm Oct 3, 2011 1:39pm
Quoting $maker

I feel that i know when to ENTER, but i get messed up when it comes to exit.
If you know where to enter longs, you will know when to exit shorts.

You cannot claim to know where to enter if you have no idea where to exit.

Depending on your trade style and what you consider a reasonable "Guess", on entry and what your charts tell you should give you an idea of where market will head. Along these lines, I would say that you should scale a portion out in profit at where you think market will go, and allow the rest to carry until you see signs of reversal.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #546,302
  • Oct 3, 2011 1:45pm Oct 3, 2011 1:45pm
Quoting $maker
Ok guys, I need some help here.
I usually believe that my strongest point in trading is picking a correct entry point.
For example even today i had a pending short at 1.3375 which i got in at.
But i closed at 35 pips +

I feel that i know when to ENTER, but i get messed up when it comes to exit.

Sometimes when i let it run too long, it goes the other way round and i end up with 0 pips.

How do you all determine your exit strategy for win/lose trades.

I am not asking about have a fixed profit target like 30 pips. I want to know when do u decide...
Why not exit at majors supports and resistances ? Take some profits there and let the rest at BE for example.

Or if you are short, wait for a long signal and it'll be your exit point
COT: The precious data ignored
  • #546,303
  • Oct 3, 2011 1:45pm Oct 3, 2011 1:45pm
Quoting Magix
If you know where to enter longs, you will know when to exit shorts.

You cannot claim to know where to enter if you have no idea where to exit.

Depending on your trade style and what you consider a reasonable "Guess", on entry and what your charts tell you should give you an idea of where market will head. Along these lines, I would say that you should scale a portion out in profit at where you think market will go, and allow the rest to carry until you see signs of reversal.
I feel bad for any bulls in here... i mean... hell i make money off their misery but i clearly remember telling them not to long EURUSD around 1.35-1.36 consolidation zone...
i did kinda told them that EURUSD is gona have a retracement but expect it to be a Flat retracement which looks just like a consolidation would specially in such bearish sentiment...
and they were like oh LONG NOW EURUSD 1.3550 TP @ 1.39, i hope their account gets burned, not because they are stupid but because they are stubborn and fail to admit they are wrong...
In the mean time, made a great profit.. my shorts from 1.3660 took profit at 1st Target (took from H4 Chart Major Support) 1.3269, now waiting to take my 2nd Target (took from D1 Chart Major Support (1.3150)

UPDATE: Bye bye 3200 Major Psych, Next up 3100 major Psych, gosh this is super easy... i think im gona sent my 3rd Target at 1.29 at this speed of the drop... fucking love it... come on MORONS!! LONG THIS BITCH like a retard... LOL
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #546,304
  • Oct 3, 2011 1:46pm Oct 3, 2011 1:46pm
Quoting Magix
If you know where to enter longs, you will know when to exit shorts.

You cannot claim to know where to enter if you have no idea where to exit.

Depending on your trade style and what you consider a reasonable "Guess", on entry and what your charts tell you should give you an idea of where market will head. Along these lines, I would say that you should scale a portion out in profit at where you think market will go, and allow the rest to carry until you see signs of reversal.
For example, My charts gave me a signal of shorting gold at 1653 at the beginning of this hour. I am with the short now. I am looking at 1639 as per my charts.
Problem is my charts system is a little long term and in case a reversal happens i see it a little LATE... sometimes tooo late.

So now i dont know for example when my gold short is gonna go against me.. So far so good
  • #546,305
  • Oct 3, 2011 1:49pm Oct 3, 2011 1:49pm
Wow Euro is in massive selloff - what I've missed?! I was out past several hours
  • #546,306
  • Oct 3, 2011 1:50pm Oct 3, 2011 1:50pm
Quoting bguguen
I feel bad for any bulls in here... i mean... hell i make money off their misery but i clearly remember telling them not to long EURUSD around 1.35-1.36 consolidation zone...
i did kinda told them that EURUSD is gona have a retracement but expect it to be a Flat retracement which looks just like a consolidation would specially in such bearish sentiment...
and they were like oh LONG NOW EURUSD 1.3550 TP @ 1.39, i hope their account gets burned, not because they are stupid but because they are stubborn and fail to admit they are wrong...
In...
Enough with the bs please...first of all why would anyone listen to you ? Let them trade the way they want, i went long and short today...my acccount is fine, period
Second, that's pretty lame to hope for them to get burned...do i have to remember you you had a 1000 pips drawdown trading the swiss franc ? You were not so proud like you are today back then...and you didn't admit you were wrong, did you??

So either say something constructive, or don't speak...thanks
COT: The precious data ignored
  • #546,307
  • Oct 3, 2011 1:51pm Oct 3, 2011 1:51pm
I was not sure how a screenshot is taken, just tried a screen capture.

November / December 2010 low seems to be the most logical target for now, will ext around 1.2970 pr follow with a tight stop at 1.3000
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 50 KB
  • #546,308
  • Oct 3, 2011 1:52pm Oct 3, 2011 1:52pm
Quoting kuroro001
Enough with the bs please...first of all why would anyone listen to you ? Let them trade the way they want, i went long and short today...my acccount is fine, period
Second, that's pretty lame to hope for them to get burned...do i have to remember you you had a 1000 pips drawdown trading the swiss franc ? You were not so proud like you are today back then...and you didn't admit you were wrong, did you??

So either say something constructive, or don't speak...thanks

Well said bro, likewise i have made pips today in long and short EU.
  • #546,309
  • Oct 3, 2011 2:01pm Oct 3, 2011 2:01pm
Good day today for me +108pips I hope all traders have had a good trading day.
  • #546,310
  • Oct 3, 2011 2:05pm Oct 3, 2011 2:05pm
I have to say i'm surprised at how quickly it went through 1.33 to 1.32, and on a Monday no less. The only bullish signal I had, a possible falling wedge, is now firmly invalidated.

short from 1.3250, initial target at 1.3165, 161.8% fibo level of last week's bounce

Edit: That said, now that I'm short, I don't like this bounce from 1.32
  • #546,311
  • Oct 3, 2011 2:08pm Oct 3, 2011 2:08pm
Quoting MelbTrader
I have to say i'm surprised at how quickly it went through 1.33 to 1.32, and on a Monday no less. The only bullish signal I had, a possible falling wedge, is now firmly invalidated.

short from 1.3250, initial target at 1.3165, 161.8% fibo level of last week's bounce
Yeah I have some fear that this wedge would harm shorts but after its over there is way to go down 1.3000 first
  • #546,312
  • Oct 3, 2011 2:10pm Oct 3, 2011 2:10pm
usdx hit the fan of shit , so shorter care about . no long yet & will do at some lows & chart .
http://www.forexfactory.com/showthre...34#post5008334

fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #546,313
  • Oct 3, 2011 2:11pm Oct 3, 2011 2:11pm
Quoting Delpes
didn't know we do that over here

The crap the lady talks about creeps around the internet for months/years...

The printers where as far as i remember ordered to print certificates or other stuff you need special, copyproof printers for.
I was in Luxembourg for two week holiday with the scouts long time ago i though it was not unusual to recieve Belgium France or Germany change from a shop, but ill take your word for it it was a very long time ago.
  • #546,314
  • Oct 3, 2011 2:21pm Oct 3, 2011 2:21pm
Quoting paulw6182
I was in Luxembourg for two week holiday with the scouts long time ago i though it was not unusual to recieve Belgium France or Germany change from a shop, but ill take your word for it it was a very long time ago.
Oh that long ago Well the Belgian Fran & the Lux Franc were (almost) the same. French & German currency were accepted at the borders. As this tiny country mostly is just a border with our capital in the middle one can say you're right

Hope you enjoyed it here.
  • #546,315
  • Oct 3, 2011 2:22pm Oct 3, 2011 2:22pm
Quoting hadydodo
yesterday i am one of them but today i am bearish and get some of my lost
great job buddy, keep up the good work, market sentiments still RISK off so USD is acting as a safehaven now so you know what to do, but avoid trading USDJPY though... intervention can happen any time with the japs... your best bet if you have to trade intervention pair is to TRADE the Intervention direction... dont go against it as itll fry your account...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #546,316
  • Oct 3, 2011 2:29pm Oct 3, 2011 2:29pm
Looks like there's some decent buying interest at 1.32. If I had guess I'd say we might have a short term consolidation. My short would be more than happy for me to be wrong however.
  • #546,317
  • Oct 3, 2011 2:32pm Oct 3, 2011 2:32pm
Back on the topic of trading: Just took a short trying to ride the short term trendline down a little further. Took a 20 pip profit in about 4 minutes. Not too bad but it seems a little boring right now anyway
  • #546,318
  • Oct 3, 2011 2:33pm Oct 3, 2011 2:33pm
Quoting MelbTrader
Looks like there's some decent buying interest at 1.32. If I had guess I'd say we might have a short term consolidation. My short would be more than happy for me to be wrong however.
I am not going to buy this pair for this year anymore because the weekly is a strong bearish. i will take a break for a few days and wait for the price go up to 3500ish and then sell it.
  • #546,319
  • Oct 3, 2011 2:35pm Oct 3, 2011 2:35pm
Though exact 3184,3169/61 not reached yet longed with available low & pending there to see next day , sl enough given below 3153 .tp can be as low as near 3378 to 3517 , will set next day if alive .
trade well all . see you all next morning .
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #546,320
  • Oct 3, 2011 2:37pm Oct 3, 2011 2:37pm
I think gold is going down
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-10-03-1.JPG Size: 67 KB
296 traders viewing now, 1 is registered:
F.g