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  • #621
  • Dec 2, 2011 1:55am Dec 2, 2011 1:55am
For the record, I'm with the USD today, expect decent figures
  • #622
  • Dec 2, 2011 1:56am Dec 2, 2011 1:56am
Quoting X-Man
Davlo yes here on EUR/GBP you can go short.
Be careful that the channel is steep. That means the steep channels dont hold for very long.
There might be a break to the upside that will make the channel less steep.
As we can see here that PA is just walking along the top of the channel.
With steep channels its better to get more confirmation before entering
Great chart Dalvo

X-Man:

What confirmations do you use? Got ideas meself, but you are the one that's employed by the market http://www.forexfactory.com/images/icons/icon10.gif A position, I hope to be in someday.
"IN CASH WE TRUST"
  • #623
  • Dec 2, 2011 2:03am Dec 2, 2011 2:03am
Quoting LazyLobster
Great chart Dalvo

X-Man:

What confirmations do you use? Got ideas meself, but you are the one that's employed by the market http://www.forexfactory.com/images/icons/icon10.gif A position, I hope to be in someday.
LOL
A nice confirmation i would use is that let the 4EMA get under the 60EMA to go short.
As you can see on my chart that the candles are really small here so there will be a break out soon.
Attached Image (click to enlarge)
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X-man the legendary conqueror of markets
  • #624
  • Dec 2, 2011 2:05am Dec 2, 2011 2:05am
I have taken a buy trade on EUR USD, and GBP. Anyone else in on EUR USD?
  • #625
  • Dec 2, 2011 2:10am Dec 2, 2011 2:10am
Quoting Wbm
I have taken a buy trade on EUR USD, and GBP. Anyone else in on EUR USD?
I longed EU.
  • #626
  • Dec 2, 2011 2:24am Dec 2, 2011 2:24am
Quoting Wbm
I have taken a buy trade on EUR USD, and GBP. Anyone else in on EUR USD?
Long EU
Short UCan
Enter Signature
  • #627
  • Dec 2, 2011 2:26am Dec 2, 2011 2:26am
Quoting SmokeyD
Long EU
Short UCan
me to long EU GU and AU.
  • #628
  • Dec 2, 2011 2:30am Dec 2, 2011 2:30am
These sharp drops against me like the one currently on EU make me quite nervous!
  • #629
  • Dec 2, 2011 2:31am Dec 2, 2011 2:31am
Quoting X-Man
LOL
A nice confirmation i would use is that let the 4EMA get under the 60EMA to go short.
As you can see on my chart that the candles are really small here so there will be a break out soon.
Hi X-man,
if I enderstand, I can short this for swing trading ?
Thank you

Mike
  • #630
  • Dec 2, 2011 2:35am Dec 2, 2011 2:35am
Quoting Erebus
Are you doing something similar to this picture? Set candle colors to NONE, drag & drop Synergy Indicator on to chart?

Hard to help with the very little detail you provide, tell us more of the problem what exactly is happening?

It's working now. I ended up shutting down MT4 and restarting and that helped to fix the problem.
thanks!
  • #631
  • Dec 2, 2011 2:35am Dec 2, 2011 2:35am
Quoting Wbm
These sharp drops against me like the one currently on EU make me quite nervous!
If you can't stand the heat get out the kitchen.
  • #632
  • Dec 2, 2011 2:37am Dec 2, 2011 2:37am
I am long on the EU, hoping this one starts moving my way....

Stop in and TP I am going to let this one do its thing.
  • #633
  • Dec 2, 2011 2:37am Dec 2, 2011 2:37am
I was having a good uptrend of EU until this news came and I've decided to close my trade at break-even.

http://www.forexfactory.com/images/m...ry.gif?v=1.0.0Merkel: Strengthening EMU will be central theme at EU summit http://www.forexfactory.com/images/m...edium_news.png From forexlive.com | 10 min ago
  • #634
  • Dec 2, 2011 2:38am Dec 2, 2011 2:38am
Quoting Wbm
These sharp drops against me like the one currently on EU make me quite nervous!
We have a 6 hour support line at 1.3447(edit--on the H1 TF). I think as long as your SL is at least there...we should be good...
Enter Signature
  • #635
  • Dec 2, 2011 2:40am Dec 2, 2011 2:40am
sorry, I will correct myself I am in the AUD/USD
  • #636
  • Edited 3:31am Dec 2, 2011 2:44am | Edited 3:31am
Quoting Wbm
These sharp drops against me like the one currently on EU make me quite nervous!
TO ALL MEMBERS. I RLLY RECOMMEND TO TRADE SWING TRADING ONLY. INTRADAY TRADING IS HARD TO TRADE FOR inexperienced traders.
swing trading ll be hard at beginning... coz u ll have only 2 - 3 trades in month per pair.. need patience.. as Xman said... he calculate 7000pips.. in 1 month per 8 pair... u only need to get 1/7 from it... ;] in intraday trading... PRICE can reverse at any moment... so if u not sure about yourself.. i rlly recommend to learn swing trading...


MORE PIPS, LESS RISK!!!
  • #637
  • Dec 2, 2011 2:45am Dec 2, 2011 2:45am
Yea my stop loss is at 1.3446 so it should be okay. Though im letting it run, as the signal is valid and the time is good so it should really go our way. Or at least the probability is (but this is forex so no gurantees). Though it has started to move our way

Quoting SmokeyD
We have a 6 hour support line at 1.3447. I think as long as your SL is at least there...we should be good...
  • #638
  • Dec 2, 2011 2:52am Dec 2, 2011 2:52am
Quoting Raa
TO ALL MEMBERS. I RLLY RECOMMEND TO TRADE SWING TRADING ONLY. INTRADAY TRADING IS HARD TO TRADE FOR inexperienced traders.
It ll be hard at beginning... coz u ll have only 2 - 3 trades in month per pair.. need patience.. as Xman said... he calculate 7000pips.. in 1 month per 8 pair... u only need to get 1/7 from it........
Raa, I couldn't agree more!
But....I don't see anything wrong implementing both systems. Especially for newer traders, as long as money management has been mastered, there is merit in trading more often to gain confidence and learn from mistakes.
Enter Signature
  • #639
  • Dec 2, 2011 2:53am Dec 2, 2011 2:53am
For those trading on EU H1 in long position, take note of the long wicks and small body of the current candle. Might signal some reversal.
  • #640
  • Dec 2, 2011 2:58am Dec 2, 2011 2:58am
Quoting f3iyun
For those trading on EU H1 in long position, take note of the long wicks and small body of the current candle. Might signal some reversal.
Good point! TY.
Enter Signature
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