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EURUSD

  • #569,261
  • Dec 2, 2011 6:34am Dec 2, 2011 6:34am
Move over 90 let the fun start
Trade What You See Not What You Want To See
  • #569,262
  • Dec 2, 2011 6:34am Dec 2, 2011 6:34am
S 3490 SL 3500
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #569,263
  • Dec 2, 2011 6:34am Dec 2, 2011 6:34am
Quoting pkimnyc
i do. why?
Just for a while it seemed to me that most trade on m5 TF
  • #569,264
  • Dec 2, 2011 6:35am Dec 2, 2011 6:35am
Excellent, Just like i said a few mins ago, I was aiming for the eur/usd to roll over a bit for me. I saw the e/j setup and it looked better in my opinion. So I pulled the trigger ^_^
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  • #569,265
  • Dec 2, 2011 6:35am Dec 2, 2011 6:35am
  • #569,266
  • Dec 2, 2011 6:36am Dec 2, 2011 6:36am
Quoting pkimnyc
i do. why?
I think he's starting a club.
check out my blog: forexmademillionaire dot com
  • #569,267
  • Dec 2, 2011 6:36am Dec 2, 2011 6:36am
Quoting MidasFX
Excellent, Just like i said a few mins ago, I was aiming for the eur/usd to roll over a bit for me. I saw the e/j setup and it looked better in my opinion. So I pulled the trigger ^_^
I actually use a 3 chart combo, but this had the least amount of lines, and gives you the general idea of things.
  • #569,268
  • Dec 2, 2011 6:38am Dec 2, 2011 6:38am
Quoting MidasFX
Excellent, Just like i said a few mins ago, I was aiming for the eur/usd to roll over a bit for me. I saw the e/j setup and it looked better in my opinion. So I pulled the trigger ^_^

Just Closed half of position it at +20 @ 104.92,
  • #569,269
  • Dec 2, 2011 6:39am Dec 2, 2011 6:39am
Quoting Ssm
Daily Charts are used to see the general directions. H1 are used for confirming trend. Entries are then based on lower timeframe such as m15 or m5.

At least this is what I did.
That's what I've learnt to do but due to my trading nature, I usually just throw a sell/buy limit and wait for it to be triggered

Too busy with work ugh..

Short from 3485 since 90 broken

TP - end of NY!
  • #569,270
  • Dec 2, 2011 6:39am Dec 2, 2011 6:39am
Quoting Pipbumper
35 cashed, 15 on the market so in worst case +20. I did worse on NFP days when I was younger and more stupid
Well, ended up with +20, did not reach my +15 first tp. Going in for the weekend !

Have fun.
  • #569,271
  • Dec 2, 2011 6:44am Dec 2, 2011 6:44am
Quoting Pip Newbie
Just for a while it seemed to me that most trade on m5 TF
This is interactive trading thread. Well, it is supposed to be. It is more of a totally useless thread for fun.

Anyway, in this thread you could (if there were competent traders here) see executions of orders. And even if trader made monthly/weekly/daily analysis, he can still place a trade in 1 min chart, so you wont actually see and understand what he is doing.

It is incredibly hard to filter all the cr@p and incompetence. Keep in mind most of retailers fail. But once you have sufficient knowledge to see which traders are actually helpfull, this forum can become pretty good information source.

T
"I know one thing, that I know nothing." Sokrates
  • #569,272
  • Dec 2, 2011 6:47am Dec 2, 2011 6:47am
Quoting Tom_D_Trader
That was not the reason for calling him stupid. I just dont see any point in posting these kind of results. Yea, you are short, I am long, I trade weekly moves, you are scalper, intraday trader, bla bla bla bla. I just dont care about other peoples results. I care about their analysis and views on market conditions. Posting results is useless to everyone.

T
well, some people give a very insightful analysis some people just say i long at XXX, i short at XXX.. but a trader should have their own ideas and you can use other people's opinion as a reference but eventually you need to trust yourself...
he is at least a honest guy, he said his trade before he closed it so sometimes he had lost but he did not try to save his face to pretent he is a perfect guy..
there are some traders always pretent they were perfect. for example, a few days ago, a trader said, i think EU will go up from 1.35 to 1.40, then when it happend, he would quote his post and said: i told you guys long it!.. but if EU keep dropping, then the trader just kept silence. or some traders were inactive for a while, and suddently, he said, hi guys, i long EU at 1.35 and i closed at 1.4, a good 500 pips and i hope everyone long it, bla bla bla..
so he is a honest guy and his trade is not bad.
i also talked to you before and you are not bad, too. especailly you catached a good EU downward from last 2 weeks, i also shorted at 1.3775 and 1.3695 but i closed early at 1.36XX and i also thought to short them at 1.35XX last week by a few times but i was nervous so didnt short therefore missed chances. so i can see you guys both have good advantages i should learn. but there is one thing i definitely dont learn from him is he does not use a s/l and i think it is very dangerous.
by the way, i think you are Czech and i assume you know Jankulovski, he is very good and modest.
  • #569,273
  • Dec 2, 2011 6:47am Dec 2, 2011 6:47am
Quoting Tom_D_Trader
This is interactive trading thread. Well, it is supposed to be. It is more of a totally useless thread for fun.

Anyway, in this thread you could (if there were competent traders here) see executions of orders. And even if trader made monthly/weekly/daily analysis, he can still place a trade in 1 min chart, so you wont actually see and understand what he is doing.

It is incredibly hard to filter all the cr@p and incompetence. Keep in mind most of retailers fail. But once you have sufficient knowledge to see which traders are actually helpfull,...
Thanks for the advice. I will keep it in mind.
  • #569,274
  • Dec 2, 2011 6:47am Dec 2, 2011 6:47am
looking good of the 50.s
Trade What You See Not What You Want To See
  • #569,275
  • Dec 2, 2011 6:49am Dec 2, 2011 6:49am
Quoting Pip Newbie
Just for a while it seemed to me that most trade on m5 TF
that's beyond me, but 5 min is great at entry picking.
  • #569,276
  • Dec 2, 2011 6:51am Dec 2, 2011 6:51am
Quoting Yuchen
well, some people give a very insightful analysis some people just say i long at XXX, i short at XXX.. but a trader should have their own ideas and you can use other people's opinion as a reference but eventually you need to trust yourself...
he is at least a honest guy, he said his trade before he closed it so sometimes he had lost but he did not try to save his face to pretent he is a perfect guy..
there are some traders always pretent they were perfect. for example, a few days ago, a trader said, i think EU will go up from 1.35 to 1.40, then...
I'll vouch for tom if i could, his charts are pretty understandable, simple and neat
  • #569,277
  • Dec 2, 2011 6:56am Dec 2, 2011 6:56am
It looks like we are near the low of the day. If we fail to make a new low (below1.3447) we could see a little retracement.
  • #569,278
  • Dec 2, 2011 6:56am Dec 2, 2011 6:56am
Quoting jayjb
I'll vouch for tom if i could, his charts are pretty understandable, simple and neat
yeah Tom's chart looks good and easy to understand. Micho never post chart and any analysis but just post his trade, however, there is no obligation to follow his trade...
i just dont want to see people call each other idiots or stupid here, hope we all success in our own time frame !
  • #569,279
  • Dec 2, 2011 7:03am Dec 2, 2011 7:03am
Quoting Yuchen
well, some people give a very insightful analysis...
Lol, yes, I know Jankulovski. But I aint watching football. Cheering at 1 min chart while it is approaching ressistance is much more fun.

Yes, you are right with the "I told you so" traders.

Regarding Micho, well, he probably is honest. He honestly told me he is adding me on ignore . I just dont care. I am simply having fun here and I did not add him on ignore, because I still hope he will provide some usefull information. He didnt so far, so he is very close though.

If it wasnt for cloggie and few other traders, this thread would be totally useless for me. I am only interested in fundamentals and sometimes in technicals (like fontu does). But I just dont see any technical predictions here right now. As usuall. Just it is going there, it is going there, I am long, I am short. No reasons, no charts. Sometimes, sometimes, I see trendline, but not recently.

T
"I know one thing, that I know nothing." Sokrates
  • #569,280
  • Dec 2, 2011 7:03am Dec 2, 2011 7:03am
Quoting Yuchen
yeah Tom's chart looks good and easy to understand. Micho never post chart and any analysis but just post his trade, however, there is no obligation to follow his trade...
i just dont want to see people call each other idiots or stupid here, hope we all success in our own time frame !
sometimes I just want to read what other people are doing, no need for graphs and analysis, just plain info.
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