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EURUSD

  • #558,661
  • Nov 5, 2011 12:14pm Nov 5, 2011 12:14pm
Cobra.
If you have a method ,a trading plan it really doesn't matter where it goes. You just trade your setup. It is that simple. Speculation about where it can/could go should not influence your setup or trading plan.
Keep it simple. Forecasting will keep you out of trades. Focus on a method/ setup and trade that.
---------------------------------------------------------------

This is one of the best Quote I have sceen in years,this is so true.GREAT POST.
  • #558,662
  • Nov 5, 2011 12:16pm Nov 5, 2011 12:16pm
UCAD: LONG
New voice message: Why are you calling me? If I need you, I'll call you!
  • #558,663
  • Edited 12:33pm Nov 5, 2011 12:17pm | Edited 12:33pm
Quoting fontu
Morning , happey weekend to all .

me still in favour of bear continuation as 3871 inatct , big correctiog going on quite some time , in channel but again failed break 3871 last session with all bad news . How it can make complex without decision , eurzone nor Greece is in centre of the turmoil now can provide any good news enough to hold for months after months & so why reversal ! weekly cleary breakthough so far . correct fully the down fall start yesterday in vain & even not much it should actually test channel bottom 3704, the break out level...
More daily chart with indicators .ranging , decision making 6th candle ahead . Will look price breaks 3781 next & hold will enough for test 3675/50 again
fontu
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd28.gif Size: 10 KB
Click to Enlarge Name: usd29.gif Size: 15 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #558,664
  • Nov 5, 2011 12:17pm Nov 5, 2011 12:17pm
Quoting KillerWhale
UCAD: LONG
Forgot the chart
Attached Image (click to enlarge)
Click to Enlarge Name: ucad 4 hr 11005.gif Size: 37 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #558,665
  • Nov 5, 2011 12:18pm Nov 5, 2011 12:18pm
Quoting Cobra
It can go anywhere.....

If you have a method ,a trading plan it really doesn't matter where it goes. You just trade your setup. It is that simple. Speculation about where it can/could go should not influence your setup or trading plan.
Keep it simple. Forecasting will keep you out of trades. Focus on a method/ setup and trade that.
True, but you've got to have a directional bias when you start the day, unless the price is stuck in a very tight intra-day range, otherwise you just end up trading against the momentum. I always set the direction I'm going to trade first off, and will only take trades in that direction, no matter how tempting it is to go against this. Sure i am sometimes wrong, but by sticking to this plan, I end up more often than not trading with the momentum, which produces the best and strongest moves.
  • #558,666
  • Nov 5, 2011 12:31pm Nov 5, 2011 12:31pm
Quoting Lessformore
Cobra.
If you have a method ,a trading plan it really doesn't matter where it goes. You just trade your setup. It is that simple. Speculation about where it can/could go should not influence your setup or trading plan.
Keep it simple. Forecasting will keep you out of trades. Focus on a method/ setup and trade that.
---------------------------------------------------------------

This is one of the best Quote I have sceen in years,this is so true.GREAT POST.
Thank you Lessformore.

I am blessed to be a successfull trader. It took me ages because i had no mentor.
Once you have found your way around this crazy market ,it is amazing how simple trading can be.
Preserverance has paid off for me. I wish everybody here success.
It is a dangerous place for those without knowledge and a blessing for those who conquered it.
Never Ever Give Up!
  • #558,667
  • Nov 5, 2011 12:48pm Nov 5, 2011 12:48pm
Glad that you stuck in there, it's been the same for me, no guts no glory

Quoting Cobra
Thank you Lessformore.

I am blessed to be a successfull trader. It took me ages because i had no mentor.
Once you have found your way around this crazy market ,it is amazing how simple trading can be.
Preserverance has paid off for me. I wish everybody here success.
It is a dangerous place for those without knowledge and a blessing for those who conquered it.
It's easy to be humbled but hard to be humble.
  • #558,668
  • Nov 5, 2011 1:24pm Nov 5, 2011 1:24pm
Yay!Chicky Is Watching!Thanks God ~ So Cute ^^
If there was easy money lying around,no one would be forcing it into your
  • #558,669
  • Nov 5, 2011 1:46pm Nov 5, 2011 1:46pm
Quoting FXMindset
Yay!Chicky Is Watching!Thanks God ~ So Cute ^^
I thought chicky was a bloke not a chick but hard to tell!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #558,670
  • Nov 5, 2011 2:02pm Nov 5, 2011 2:02pm
Quoting Turveyd
I thought chicky was a bloke not a chick but hard to tell!
Is Cute Love Him ~
If there was easy money lying around,no one would be forcing it into your
  • #558,671
  • Nov 5, 2011 2:05pm Nov 5, 2011 2:05pm
There seems good controll of the the U.S. dollar risk premium back to pre-recession state 2002-2008 , hope world economy to adapt /readjust with it . A good read about
http://www.econbrowser.com/archives/...amination.html
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #558,672
  • Nov 5, 2011 2:12pm Nov 5, 2011 2:12pm
This is my new thread.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled190.jpg Size: 5 KB
The Thief of Wall Street
  • #558,673
  • Nov 5, 2011 2:24pm Nov 5, 2011 2:24pm
I heard it is "move your money day" today
New voice message: Why are you calling me? If I need you, I'll call you!
  • #558,674
  • Nov 5, 2011 2:55pm Nov 5, 2011 2:55pm
Quoting KillerWhale
EU LONG
Will need to see a break of 1.3871 for further upside
New voice message: Why are you calling me? If I need you, I'll call you!
  • #558,675
  • Nov 5, 2011 3:00pm Nov 5, 2011 3:00pm
Thanks for passing the post along.

Quoting fontu
There seems good controll of the the U.S. dollar risk premium back to pre-recession state 2002-2008 , hope world economy to adapt /readjust with it . A good read about
http://www.econbrowser.com/archives/...amination.html
It's easy to be humbled but hard to be humble.
  • #558,676
  • Nov 5, 2011 3:16pm Nov 5, 2011 3:16pm
Advances in cold fusion, interesting:

http://www.msnbc.msn.com/id/45153076...-another-test/
  • #558,677
  • Nov 5, 2011 3:29pm Nov 5, 2011 3:29pm
hey peeps,

euro next target 1.3712... very likely gap down... hehe
When life gives you lemons, make lemonade
  • #558,678
  • Nov 5, 2011 3:47pm Nov 5, 2011 3:47pm
It seems to me that there is a bias toward the Euro or the big boys are trying to figure out how to dump it without causing a huge run down. I don't see the Eurozone's economy even turning around until it gets into the 1.20's maybe even less.
Taigen Profit This Month: na
  • #558,679
  • Nov 5, 2011 3:54pm Nov 5, 2011 3:54pm
Quoting Cobra
Thank you Lessformore.

I am blessed to be a successfull trader. It took me ages because i had no mentor.
Once you have found your way around this crazy market ,it is amazing how simple trading can be.
Preserverance has paid off for me. I wish everybody here success.
It is a dangerous place for those without knowledge and a blessing for those who conquered it.

Any good advice for a Newbie trader like myself?
I've been getting beat up pretty bad, even with some good trades..
Any advice on newbie strategies will be greatly appreciated..
I want to conquer it!!
Thanks
  • #558,680
  • Nov 5, 2011 4:30pm Nov 5, 2011 4:30pm
what fundamental factors be on the next week? who knows? please, send this. what ways will be europe to do from exit crisys.
U.S. and England "QE" to be continued?
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