EURUSD | Page 28535 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #570,681
  • Dec 6, 2011 4:22pm Dec 6, 2011 4:22pm
Quoting subhanwaheed
Can somebody Guide me where to learn fundamentals ?? I mean , I always see guys talking about news details But never understood what they mean !!! Where did they learn all that ?? Any heads Up ???
Dude, In my honest opinion. If your here to learn. Don't waste you time on the interactive trading threads.

Go to the trading system threads for all kind of technical, fundamental and ideological trading systems/strategies.

Go to trading discussion forum threads to discuss or learn specific stuff of trading.

Use the Forex factory calender for the economic data releases.

Use the forex news feed section for all the news details and external links you need.

It's all on FF , But the interactive section is not for learning stuff.

And moreover, FF is not the entire world for trading.
Do some Google search you should find a ton of useful resources and websites for forex.

Try Youtube.com and type "forex" millions of videos for forex related stuff.

And if your Adamant to get someone else's BIAS frequently, Join facebook there are thousands of forex related groups with thousands of members in them who do nothing all day, but post BIAS's and Trading Calls.

Hope this helps you..
To Your Success!!
  • #570,682
  • Dec 6, 2011 4:27pm Dec 6, 2011 4:27pm
Quoting ThisPip
Why not have a scenario. Of course it may not play out, but maybe it does.

-What if you get a good solid ok size entry, and this entry survives till Friday.
-What if you this same entry gets picket up if EU would indeed get a
sort of Bazooka including ECB firepower?
-What if the solution would sorta be acnowledged also by Americans and Equities start the Christmas Rally? Yuuro would soar.

Worst case would be a good small hopium Rally till Friday.
you have any idea how many scenarios i can come up with? and how much time it would take me to post all those crap? for what?
even if we come up with scenarios, how would you pick an entry? at how much risk for for how much reward?
  • #570,683
  • Dec 6, 2011 4:28pm Dec 6, 2011 4:28pm
Quoting whatfx
iam tempted to go long rest of the week. what say you people ?

I don't know why anyone would go long on the Euro. Period. The chance of it screaming out of control to 1.50 is about zero, but the chance of it dropping into oblivion is there....so why risk it?

Of course, I'm new to all of this and feel I'm spoiled by the current EUR situation and the ability to exploit it. That's why I'm here, to learn from those who are knowledgable enough to ride the Euro up and down. If you're truly able to do this safely, well done.
  • #570,684
  • Dec 6, 2011 4:28pm Dec 6, 2011 4:28pm
i understand; everything that should be happening is not; but that is because of intervention and uncertainty. over time stats work; it is what all the big guys do.

Quoting Turveyd
every method I've devised over the years is pretty much working for someone, it's just my this is a bad time to trade logic is kinda reversed so I pretty much only take the bad trades.
  • #570,685
  • Dec 6, 2011 4:30pm Dec 6, 2011 4:30pm
Quoting ndsouz
And if your Adamant to get someone else's BIAS frequently, Join facebook there are thousands of forex related groups with thousands of members in them who do nothing all day, but post BIAS's and Trading Calls.

Hope this helps you..

And 50% of those calls lose, just most people don't post there losing trades they post LONG at XXXX, if it goes there way YES PROFIT!! if it goes the opposite way they remain quite and get lost in the crowd!!

Then you get the people that just post when they've made a profit.



Makes the people on any forum look like guru's sadly they aren't, but it's human nature to care about what other people think about you, even if you don't really have a clue who they are, I don't understand personally, but I'm hated by Tom so I guess I'm okay
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #570,686
  • Dec 6, 2011 4:30pm Dec 6, 2011 4:30pm
Attached Image (click to enlarge)
Click to Enlarge Name: sup.jpg Size: 73 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #570,687
  • Dec 6, 2011 4:31pm Dec 6, 2011 4:31pm
Quoting Magix
  • #570,688
  • Dec 6, 2011 4:34pm Dec 6, 2011 4:34pm
Quoting Magix
Thank you, with you on the thread, not all hope is lost I suppose
Quant Hedge Fund CEO
  • #570,689
  • Dec 6, 2011 4:35pm Dec 6, 2011 4:35pm
Quoting mpurdy1973
i understand; everything that should be happening is not; but that is because of intervention and uncertainty. over time stats work; it is what all the big guys do.
My current method is stat's based, I know if I trade my setup and almost guaranteed a profit, finally a method I'm happy to jump into harms way with, without any real stress.

It's impossible to predict the future, but the market has a few rules behind the scenes which get created, all you can really do to profit is exploit them.

Even Fundementals don't help with day to day trades and useless in markets without a trend ofcourse.

Trade with no bias, trade what you see and keep it simple!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #570,690
  • Dec 6, 2011 4:36pm Dec 6, 2011 4:36pm
Quoting Magix
Nice chart and welcome back.

This is what I am looking at:

She is at around 34, I can go both ways, I am waiting for her to tell me.

mla
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 61 KB
"The Heart is the hub of all dances; go there and chill out"
  • #570,691
  • Dec 6, 2011 4:37pm Dec 6, 2011 4:37pm
Quoting pkimnyc
you have any idea how many scenarios i can come up with? and how much time it would take me to post all those crap? for what?
even if we come up with scenarios, how would you pick an entry? at how much risk for for how much reward?
Well, the details is up to each trader. I watch live index charts 10hours a day each day, so i know whats up in US equities.
Picking a entry is easy, after that it takes momentum and luck in correlation with the Fundies. But chances to get a runner are over average in the next two days. Besides, what can top the bad news we just had from StandardandPoors? At least till Friday. Its hopium till then anyway.

And cmon, you gotta say there is some possibility for this to happen, i didnt say the world markets are gonna end till Friday lol.

Maybe i think a bit like a fund manager who needs to know the Stock Market Sentiment. From there i grab my risk on risk off bias including fundies.

I dont know more than anyone here, but try to think ahead, not always with success, but sometimes.
  • #570,692
  • Dec 6, 2011 4:38pm Dec 6, 2011 4:38pm
i only trade with micro lots and as a hobby because i have a day job that pays well and have a family (however, i wonder if i was a full time trader --- wouldnt fly with the wife)

my 2 cents:

its hard enough these days to get congress to do anything; however, euro has over a dozen countries that have to agree. i dont know how this could happen; but even if it does; the euro will have to drop interest rates and the economy will shrink - i.e. euro will go down.

however, here is the kicker; all the central banks are trying hard to fix the problem because they have a lot invested in the euro fix. therefore i can see the euro rising artificially over this week. if you are day trading; you can make pips going long (maybe), but overall euro is going down (most likely test 1.18 low a few years back)

i may play a little with short stops; however, i am waiting till friday (or monday next week) to get direction;

Quoting Nordic
I don't know why anyone would go long on the Euro. Period. The chance of it screaming out of control to 1.50 is about zero, but the chance of it dropping into oblivion is there....so why risk it?

Of course, I'm new to all of this and feel I'm spoiled by the current EUR situation and the ability to exploit it. That's why I'm here, to learn from those who are knowledgable enough to ride the Euro up and down. If you're truly able to do this safely, well done.
  • #570,693
  • Dec 6, 2011 4:42pm Dec 6, 2011 4:42pm
Quoting ThisPip
Well, the details is up to each trader. I watch live index charts 10hours a day each day, so i know whats up in US equities.
Picking a entry is easy, after that it takes momentum and luck in correlation with the Fundies. But chances to get a runner are over average in the next two days. Besides, what can top the bad news we just had from StandardandPoors? At least till Friday. Its hopium till then anyway.

And cmon, you gotta say there is some possibility for this to happen, i didnt say the world markets are gonna end till Friday lol.

Maybe...
like i've mentioned many times, i'm not here to help anyone nor share my views with others. i'm only here for entertainment. i have setups i work with. without the setups, scenarios, possibilities (market can do anything at any given time), predictions are meaningless.
  • #570,694
  • Dec 6, 2011 4:44pm Dec 6, 2011 4:44pm
Quoting mpurdy1973
i only trade with micro lots and as a hobby because i have a day job that pays well and have a family (however, i wonder if i was a full time trader --- wouldnt fly with the wife)

my 2 cents:

its hard enough these days to get congress to do anything; however, euro has over a dozen countries that have to agree. i dont know how this could happen; but even if it does; the euro will have to drop interest rates and the economy will shrink - i.e. euro will go down.



i may play a little with short stops; however, i am waiting till friday...
Makes good sense. There are talks that ECB Draghi will eventually start some European Quantitative Easing in the mid term future if he gets the political backup. That would send Euro down.

Oh, to make my story even better, we will see a Draghi rate cut again, dont forget that.
  • #570,695
  • Dec 6, 2011 4:46pm Dec 6, 2011 4:46pm
this place is what everyone makes of it - the moaners, ranters, helpful and serious members. often few influence the wider sentiment.
  • #570,696
  • Dec 6, 2011 4:49pm Dec 6, 2011 4:49pm
Quoting 2046
this place is what everyone makes of it - the moaners, ranters, helpful and serious members. often few influence the wider sentiment.
and the muppets
New voice message: Why are you calling me? If I need you, I'll call you!
  • #570,697
  • Dec 6, 2011 4:50pm Dec 6, 2011 4:50pm
Quoting pkimnyc
like i've mentioned many times, i'm not here to help anyone nor share my views with others. i'm only here for entertainment. i have setups i work with. without the setups, scenarios, possibilities (market can do anything at any given time), predictions are meaningless.
i know you said that. And you are a noob.
  • #570,698
  • Dec 6, 2011 4:52pm Dec 6, 2011 4:52pm
Quoting ThisPip
i know you said that. And you are a noob.
that's right.
  • #570,699
  • Dec 6, 2011 4:53pm Dec 6, 2011 4:53pm
Nice to see you sir..Thought I'd add a bit more uncertanty(USlfx index 1hr) bear flag? S/D zone?....ha!

Hope all is well...Regards!

Quoting Magix
Attached Image (click to enlarge)
Click to Enlarge Name: uslfx1hrxx.gif Size: 45 KB
  • #570,700
  • Dec 6, 2011 4:55pm Dec 6, 2011 4:55pm
Quoting ThisPip
go for it, i believe chances are good since equities have had a perfect breather today. Then this rumor of the FT will be into talk at London Open as well.
Many parts come together i would say thats why this is having a good chance.



will wait for london open, then dive in if conditions are met.
301 traders viewing now