Pivot @ 3621,
R1 @ 3677,
S1 @ 3559. Using EST
Guess its the server timezone, which gives the difference in readings.
Can anyone confirm?
- #549,802
- Oct 12, 2011 10:17pm Oct 12, 2011 10:17pm
- Joined Dec 2010 | Status: Stop Pretending | 5,275 Posts
Mark ... Everything you have been told is a LIE
- #549,804
- Oct 12, 2011 10:22pm Oct 12, 2011 10:22pm
- Joined Dec 2010 | Status: Stop Pretending | 5,275 Posts
Mark ... Everything you have been told is a LIE
- #549,806
- Oct 12, 2011 10:32pm Oct 12, 2011 10:32pm
@ Spzd, yes mine is MT4 which "resets" at 0000 EST (midnight new york)
Dont think theres anything i can do about it as it comes from a
main server.
@ Njfx, looks like im the only 1 with way off reading from you guys.
Most probably yours, Spzd, Forex killer "reset" at 0 GMT.
Most of your PP readings are within 5 pips of each other.
Now to find a PP indicator with adjustment for time.
Dont think theres anything i can do about it as it comes from a
main server.
@ Njfx, looks like im the only 1 with way off reading from you guys.
Most probably yours, Spzd, Forex killer "reset" at 0 GMT.
Most of your PP readings are within 5 pips of each other.
Now to find a PP indicator with adjustment for time.
- #549,811
- Oct 13, 2011 12:06am Oct 13, 2011 12:06am
- Joined Jul 2010 | Status: Always manage your risk & leverage | 7,339 Posts
am not trading euro/usd at the moment. so i am a neutral person in euro usd
if u don't mind..would u please open daily candle and look at 12 or 13 July 2011.
hope this will answer...
thanks
if u don't mind..would u please open daily candle and look at 12 or 13 July 2011.
hope this will answer...
thanks
Why most of the traders are pro shortening the Euro/USD despite we have been in aggressive upward trend since the beginning of the week. Every time the Euro shows some weakness I see traders posting that they will short Euro with aggressive targets 150 & 200 pips down. I am not judging but I would like to understand the rational.
not euphoria follower
- #549,812
- Oct 13, 2011 12:06am Oct 13, 2011 12:06am
- | Joined Aug 2009 | Status: Membership Revokеd | 4,396 Posts
You cannot learn better without losing
- #549,816
- Oct 13, 2011 12:34am Oct 13, 2011 12:34am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
Why most of the traders are pro shortening the Euro/USD despite we have been in aggressive upward trend since the beginning of the week. Every time the Euro shows some weakness I see traders posting that they will short Euro with aggressive targets 150 & 200 pips down. I am not judging but I would like to understand the rational.
Forex basis is sell high buy low, successful trader is know when to enter when to exit good mm and rr
Many parts to jigsaw, Trend, S&R Fib's TL's Indicators, Moon Phase etc etc etc to help determine
Your question based why sell when pa going up strong, is foundation of "Trend" trade.
Only buy in up trend, only sell down trend, so 1st question what is trend "now" you say up, some say down,
Trend although very simple, is also can be very complex.
Trend can only be determine relative to the chart you trade and trade plan/style with precise number of candle, any variation and trend can easily change, even though you looking a same chart, I try explain_
Simple trend direction look at chart, draw line price at far left of chart to price now, if line "up" is uptrend, if line "down" is downtrend, is very simple!
Now for the paradox
Pull up clean candle only EU Daily chart, magnify max, what is trend, now reduce magnification 1 click, keep present price hard to right of screen,now what trend, reduce again and again and see what is trend, is generally down trend,
Now do same weekly chart, is find generally up trend,
So to ask why someone is sell while pa is go up strongly,a, they may percieve pa is in downtrend, as above depend which tf and candle number,, b, they may have strong resist, tl, fib, indicator whatever, they prepare to defend it, sl above, tp the nearest strong support below, it may be 30 pip, 50 pip, 150 pip, whatever, depend what rr is, if 1-3 if risk 10 pip sl, need approx 30 pip tp, 1-5 10pip risk for 50 pip return etc etc, if rr is 1-5 risk 10pip, next tp support is 40 pip, is no trade
Sorry lots words, but your question is short but answer is complex, many variables
Trade safe bro
If you are new to Forex? Say Goodbye to your account!!
- #549,818
- Oct 13, 2011 12:38am Oct 13, 2011 12:38am
- Joined Apr 2011 | Status: Liverpool's KOP | 8,022 Posts
last attempt 3815 short failed..exit at BE..
seems it just wanna kick my ass and go down...
seems it just wanna kick my ass and go down...
Patience, Emotion Control and Discipline.
- #549,819
- Oct 13, 2011 12:41am Oct 13, 2011 12:41am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
