EurAnalysis | Page 372 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

EurAnalysis Kindergarten 24 replies

Attachments: EurAnalysis
Exit Attachments

EurAnalysis

  • #7,421
  • Nov 3, 2011 1:01pm Nov 3, 2011 1:01pm
Quoting FXMindset
Possible might target the left wave 1.39 bro - but thats my opinion
True, Ain't no telling where this thing will land with all the headline and economic data risk. Wave theory is something I just don't know anything about and never had the urge to look into.

I have to stick with what I do best and keep my stop the spread plus a few pips of wiggle room above th high of a supply level or below the low of a demand level.

Heads UP: Greece making headlines on CNBC TV right now.
I don't care which way the market is going as long as it's going my way
  • #7,422
  • Nov 3, 2011 1:01pm Nov 3, 2011 1:01pm
Quoting PipTrapper
Hmmm I wouldn't have done that.

Perhaps you know something I don't.
Hmm not too sure myself maybe might scalp 25-40 pips I'd have remained flat myself! Could work out though M5 nearing a crossover but M15 stands firmly bullish.. We'll wait and see
  • #7,423
  • Nov 3, 2011 1:07pm Nov 3, 2011 1:07pm
Quoting Blobik
Try to be a student studying 2 full courses, having a job AND trading. You will learn to squeeze the time to pack up to 48hrs in one day. + some time for sleeping . But, unfortunately, I need to find a way to readjust my timetable to be able to trade london/NY session. Cannot work less, as my employer does not like part-time... 4/5 is the absolute minimum, if you want to work for them you need to pick 4/5.

But I personally would prefer to build own company. Don't have necessary resources yet, though. So I keep trying to increase my capital every...
I earned a nice bit of capital for myself during the Boom times here in Ireland. Not knowing what was going on my dad invested money into stocks for me when I was 12 and handed me a sweet cheque from the stock broking firm when I was 18 so thats what I'm sitting on but that wont last forever!! You've certainly got the entreprenuring spirit working every hour god gives you! Maybe when you do decide to open a company you can call on some of us to invest in it
  • #7,424
  • Nov 3, 2011 1:11pm Nov 3, 2011 1:11pm
Quoting PipTrapper
Hmmm I wouldn't have done that.

Perhaps you know something I don't.
Nope, just following my plan for supply and demand and ignoring the noise. Headlines and data is usually what runs price into these levels. The more parabolic a move is into a level, the better the levels usually reject price. My head is clear, it's not a revenge trade.

If this one is blown out, next supply level limit is in. Can't make money sitting on my hands (or lose it either).... Nothing ventured, nothing gained.

Limit Short @ 1.3924
SL 1.3966
Target 1 TBD
T2 1.3670
I don't care which way the market is going as long as it's going my way
  • #7,425
  • Nov 3, 2011 1:14pm Nov 3, 2011 1:14pm
Quoting PipKiller
Nope, just following my plan for supply and demand and ignoring the noise. Headlines and data is usually what runs price into these levels. The more parabolic a move is into a level, the better the levels usually reject price. My head is clear, it's not a revenge trade.

If this one is blown out, next supply level limit is in. Can't make money sitting on my hands (or lose it either).... Nothing ventured, nothing gained.

Limit Short @ 1.3924
SL 1.3966
Target 1 TBD
T2 1.3670
I'm more interested with money management,whats your risk % per trade mate
If there was easy money lying around,no one would be forcing it into your
  • #7,426
  • Nov 3, 2011 1:14pm Nov 3, 2011 1:14pm
Quoting RodMca
I earned a nice bit of capital for myself during the Boom times here in Ireland. Not knowing what was going on my dad invested money into stocks for me when I was 12 and handed me a sweet cheque from the stock broking firm when I was 18 so thats what I'm sitting on but that wont last forever!! You've certainly got the entreprenuring spirit working every hour god gives you! Maybe when you do decide to open a company you can call on some of us to invest in it
Certainly, when I will be about to open own buisness I will try to get as many funding as possible However, no capital guarantees But a share in profit, or stock shares if the company gets successfull and enters the market? Why not. But it is still a little bit too early. I would need to triple my capital to start thinking of creating sth on my own. Or, should I say with pack of buddys, but I think I would need (and want - it is good to actually own the company you create) to put most money into it

But, sometimes it gets tough. Then I ask myself, why oh why am I not just a normal person, who studies, graduates, looks for job, finds it, and works till the end of life, doing one thing at a time and not testing limits of his/her being every single day.

ADD: Oh, completely forgot. I think of shorting, when we get some double top on lower TFs. Right now your SMA's don't give a clear signal, but there exists a possibility, that the upward move is getting exhausted. Will be known in about half an hour, probably. Or the price will loose all the speed, and I will loose interest... Can it make any stunning moves, after rate cut up-down ride? Dunno.
  • #7,427
  • Nov 3, 2011 1:15pm Nov 3, 2011 1:15pm
Quoting PipKiller
Nope, just following my plan for supply and demand and ignoring the noise.
"I know one thing, that I know nothing." Sokrates
  • #7,428
  • Nov 3, 2011 1:16pm Nov 3, 2011 1:16pm
Quoting FXMindset
I'm more interested with money management,whats your risk % per trade mate
2% when I only have one trade on. Like I do now

Only have a max of 2% for everthing if I am trading more than 1 pair.
I don't care which way the market is going as long as it's going my way
  • #7,429
  • Nov 3, 2011 1:18pm Nov 3, 2011 1:18pm
Woohoo i love this markets up down now up again freakin awesome crazy been long since 1.3689 looking to target the 1.3925-1.3935 zone some where there then we'll sell sell sell
  • #7,430
  • Nov 3, 2011 1:21pm Nov 3, 2011 1:21pm
Quoting Momo123
Woohoo i love this markets up down now up again freakin awesome crazy been long since 1.3689 looking to target the 1.3925-1.3935 zone some where there then we'll sell sell sell
Don't forget about FXMindset "Traders psychology" chart
  • #7,431
  • Nov 3, 2011 1:22pm Nov 3, 2011 1:22pm
first stop 1.3756-1.3760 then abit of rebound down then all the way up... unless new jargon comes up
  • #7,432
  • Nov 3, 2011 1:26pm Nov 3, 2011 1:26pm
Quoting Blobik
Don't forget about FXMindset "Traders psychology" chart
Trader psychology chart ?
If there was easy money lying around,no one would be forcing it into your
  • #7,433
  • Nov 3, 2011 1:27pm Nov 3, 2011 1:27pm
Quoting Blobik
Certainly, when I will be about to open own buisness I will try to get as many funding as possible However, no capital guarantees But a share in profit, or stock shares if the company gets successfull and enters the market? Why not. But it is still a little bit too early. I would need to triple my capital to start thinking of creating sth on my own. Or, should I say with pack of buddys, but I think I would need (and want - it is good to actually own the company you create) to put most money into it

But, sometimes it gets tough. Then...
Yes I'm looking for a place to short pretty soon hope to grab another 50 pips before the close. If I have a half decent day tomorrow it'll be the most profitable week of my life! No mate you have to push yourself and do what you want no point in getting up and doing the same thing everyday for the same amount of money and answering to people that are probably less intelligent than you but hold a higher position than you because their daddy or mammy owns the company and has everything handed to them on a plate! At least if you stick with this or set up your own company youre not answerable to anyone but you!! And another thing I wouldnt set up a company with friends it only causes splits in the camp! Best to do it yourself especially if you have the intuition the funding should be easy if it has potential
  • #7,434
  • Nov 3, 2011 1:31pm Nov 3, 2011 1:31pm
Quoting FXMindset
Trader psychology chart ?
Well, in fact, It wasn't a chart but a picture. Don't recall the exact title. The one with arrows pointing what trader thinks when price goes here and there

Wasn't it yours ?
  • #7,435
  • Nov 3, 2011 1:33pm Nov 3, 2011 1:33pm
Quoting RodMca
Try being a student with no income and wants to do nothing but trade Forex for a living! If it doesnt go right I cannot see myself as an accountant or economist! Much prefer the thrill of the forex

I was in the same position, now I have a career and back in Forex for round 2! (hopefully I will be able to get rid of the pesky career soon though)

Goodluck!
  • #7,436
  • Nov 3, 2011 1:36pm Nov 3, 2011 1:36pm
nope mum we aint gambing we just predicting the weather and well when the storm hits we'll be the first ones on the ship haha
  • #7,437
  • Nov 3, 2011 1:37pm Nov 3, 2011 1:37pm
Quoting Blobik
Well, in fact, It wasn't a chart but a picture. Don't recall the exact title. The one with arrows pointing what trader thinks when price goes here and there

Wasn't it yours ?
PT put it on page 1
I don't care which way the market is going as long as it's going my way
  • #7,438
  • Nov 3, 2011 1:39pm Nov 3, 2011 1:39pm
Quoting Blobik
Well, in fact, It wasn't a chart but a picture. Don't recall the exact title. The one with arrows pointing what trader thinks when price goes here and there

Wasn't it yours ?
Oh yes yes -
If there was easy money lying around,no one would be forcing it into your
  • #7,439
  • Nov 3, 2011 1:41pm Nov 3, 2011 1:41pm
Quoting RodMca
Yes I'm looking for a place to short pretty soon hope to grab another 50 pips before the close. If I have a half decent day tomorrow it'll be the most profitable week of my life! No mate you have to push yourself and do what you want no point in getting up and doing the same thing everyday for the same amount of money and answering to people that are probably less intelligent than you but hold a higher position than you because their daddy or mammy owns the company and has everything handed to them on a plate! At least if you stick with this or...
About buisness, we will see. One cannot do everything alone, after all, that is not the way. About trade... there is sth smelly... I was just about to enter, buuut... Something is just not right.
  • #7,440
  • Nov 3, 2011 1:42pm Nov 3, 2011 1:42pm
Quoting PipKiller
PT put it on page 1
Oh,Good good -
Risk 2% - Around 50 pips Its reasonable - never try let your profits running my friends?
If there was easy money lying around,no one would be forcing it into your
39 traders viewing now