EURUSD | Page 28600 | 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

  • #571,981
  • Dec 8, 2011 11:30am Dec 8, 2011 11:30am
Quoting Alexone
Again, im not hot about spreadsheets but i do look at every single trade i took, the reason i entered, why i exited and what could i have done differently. In the weekends i also look at other pairs (tho i dont trade other pairs) and try to see if i learn anything there that can improve my eurusd trading. I dont note the risk/reward ratio on my trades tho...maybe i should start doing that. Seems like good advice. Why havent i written down the risk reward? Because im winning. If i would guesstimate, in my last 300 trades (i have a lot more than...
I am sorry to be the one to bitchslap you here in public, but you haven't started trading yet and the only thing you have to show for your last 2 years in this business is a vouch from incrediblle.


I have given you a few hints in the last few pages on how to start, let me summarise some.


Trading plan - detailed (why, when, where, how, what etc)
MM and position plan - detailed (entry/exit/tp/sl/scale in and out etc.)
goals and objective plan - detailed (type of trader, future progresssion, personal goals etc)
audit plan - detailed.
project plan - detailed. (future itemised things you want to work on with a project calendar for each)
audit process - detailed ( each and every trade is screenshot and saved in a folder for review with weekly, monthly, quarterly and yearly review.
Survivor plan - detailed (max daily/weekly/monthly/quarterly/yearly DD and you stop trading for that period if you hit your DD for that period)
Trading diary ( I have bookcases filled with them over the years)

That should get you started.
  • #571,982
  • Dec 8, 2011 11:31am Dec 8, 2011 11:31am
Btw Cloggie i failed my exam at Excel so cut it out with those spreadsheets.
  • #571,983
  • Dec 8, 2011 11:33am Dec 8, 2011 11:33am
I see alot of argument here between traders who have many voucher, Why not we sit down and discuss what tomorrow movement probably be. Anybody account is their own business, why not just stick to analysis.

Anybody with me??
Trade what you see. Write what you feel
  • #571,984
  • Dec 8, 2011 11:34am Dec 8, 2011 11:34am
Quoting cloggie
I am sorry to be the one to bitchslap you here in public, but you haven't started trading yet and the only thing you have to show for your last 2 years in this business is a vouch from incrediblle.


I have given you a few hints in the last few pages on how to start, let me summarise some.


Trading plan - detailed (why, when, where, how, what etc)
MM and position plan - detailed (entry/exit/tp/sl/scale in and out etc.)
goals and objective plan - detailed (type of trader, future progresssion, personal goals etc)
audit plan - detailed.
project...
writing it down as well. thanks for devoting time to teach us miserable noobs to be better.
  • #571,985
  • Dec 8, 2011 11:34am Dec 8, 2011 11:34am
Quoting cloggie
I am sorry to be the one to bitchslap you here in public, but you haven't started trading yet and the only thing you have to show for your last 2 years in this business is a vouch from incrediblle.
Lol no worries!

Forgot about my vouch

Im telling u what i told Tom D Trader...i dont have a problem with critique as long as it well thought and written. Yeah i have a long way to go and i know it. Tx for the advice and keep em coming if u still have anything to criticize.
  • #571,986
  • Dec 8, 2011 11:35am Dec 8, 2011 11:35am
Quoting Dagobert
can you post your spyware toolbar refferal spam links anywhere else? lol..reported btw
The smiley? Whatever...
Do your time and enjoy the ride...
  • #571,987
  • Dec 8, 2011 11:36am Dec 8, 2011 11:36am
Quoting e_piz
I see alot of argument here between traders who have many voucher, Why not we sit down and discuss what tomorrow movement probably be. Anybody account is their own business, why not just stick to analysis.

Anybody with me??

Simples, when Merkel says buy, you buy, when she says sell, you sell. Same sh!t as today, watch the wires and trade accordingly.


Done, Friday covered.
  • #571,988
  • Dec 8, 2011 11:39am Dec 8, 2011 11:39am
Quoting Alexone
Lol no worries!

Forgot about my vouch

Im telling u what i told Tom D Trader...i dont have a problem with critique as long as it well thought and written. Yeah i have a long way to go and i know it. Tx for the advice and keep em coming if u still have anything to criticize.

You can't start trading until you take this seriously, when you decide to do that and spend some serious time and effort in building a structure, your trading will start and you will improve with leaps and bounds.

Don't thank me, donate 10k to charity when you hit 250k
  • #571,989
  • Dec 8, 2011 11:40am Dec 8, 2011 11:40am
Quoting AaronWard
care to expand?
I aint gonna give up the farm, but u take the simple pull back system. works on all time frames and all chart.
i use supply and demmand. everything around us exist on supply & demand.
if you can under stand how to read this on a chart you can make money out of anything. when the balance of supply&demand changes price has to go up or down.
  • #571,990
  • Dec 8, 2011 11:47am Dec 8, 2011 11:47am
Quoting Wulfgar
thanks draghi.... 1.29xx here we come

Almost guaranteed without the ECB backing there is little to NO chance of a good outcome from the EU summit

I'm gonna hold you to this statement here.

Believe me, I want this to be true more than anyone else.
  • #571,991
  • Dec 8, 2011 11:48am Dec 8, 2011 11:48am
Quoting Cerber.bf2
i wonder, how many pages your ignore list is.
maybe you are one of them. maybe i too. nobody knows
  • #571,992
  • Dec 8, 2011 11:51am Dec 8, 2011 11:51am
Quoting ark
I aint gonna give up the farm, but u take the simple pull back system. works on all time frames and all chart.
i use supply and demmand. everything around us exist on supply & demand.
if you can under stand how to read this on a chart you can make money out of anything. when the balance of supply&demand changes price has to go up or down.
I think I covered this when I posted the following:

It seems to me that certain techniques have universal application such as trading pullbacks in the direction of the trend, chart patterns that show weakness, trendlines, trend line channels, and S/R. However turning them into a system that can be mechanically traded on all time frames is beyond me.

However may be we are using the word system differently.
Kill the ego, or it will kill the mission.
  • #571,993
  • Dec 8, 2011 11:51am Dec 8, 2011 11:51am
Quoting DragonEye
After a little while Big Banks will buy euro in cheeeeeeeeeeep.
Buying a cheap stock is still dumb if the company is destined for failure.
  • #571,994
  • Dec 8, 2011 11:53am Dec 8, 2011 11:53am
Quoting FXMastermind
hammer on H1 giving my long more hope.

35 pips in green atm
covered at 40 for 50 green ones.
Quant Hedge Fund CEO
  • #571,995
  • Dec 8, 2011 11:56am Dec 8, 2011 11:56am
Quoting FXMastermind
Only briefly.

In a normal market environment and situation, it does usually mean rate up = good for currency and vice versa, BUT we are in a different situation now - cutting rates makes loans cheaper and thatīs understood as effort of ECB to help suffering european economies - and that logically leads to a risk on relief rally.

The euro has only gotten weaker since the last rate cut (November 3). I don't think any possible long-term benefit here (and it's kinda like throwing a cup of water on a raging building fire) is going to outweight the short-term ramifications of an interest rate cut.
  • #571,996
  • Dec 8, 2011 12:02pm Dec 8, 2011 12:02pm
Quoting AaronWard
I think I covered this when I posted the following:

It seems to me that certain techniques have universal application such as trading pullbacks in the direction of the trend, chart patterns that show weakness, trendlines, trend line channels, and S/R. However turning them into a system that can be mechanically traded on all time frames is beyond me.

However may be we are using the word system differently.
no i understand, but i think what u need to understand is there are loads of systems that are universal. but diffrent personalty types are going to have diffrent tweeks. so we could have the same system but use a moving average, because u personally need confirmation. i may not need confirmation. also i belive u need to get to grips with mutiple time frames & it should be part of the system, even pull back. my opinion pull back on 1 time frame is not a system. some my differ. hope that helps u mate
  • #571,997
  • Dec 8, 2011 12:09pm Dec 8, 2011 12:09pm
European lenders will have to raise a total of 8 billion euros more than previously estimated by the EBA in October.

They will fail.

In addition, that the ECB will not be stepping up to buy bonds is a dead giveaway of where the market will soon be heading.

I'm surprised the market hasn't reacted more yet. Guess most people are still waiting for Friday "just in case" there is a surprise revelation of some semblance of something that isn't total BS.

"One step forward, two steps back," says Alan Clarke.

"Never has the risk of Europe exploding been so big ... if there is no deal on Friday, there will be no second chance." says Sarkozy.

I would love a repeat of 2010 and an account-multiplying size euro drop.
  • #571,998
  • Dec 8, 2011 12:11pm Dec 8, 2011 12:11pm


Attached Image (click to enlarge)
Click to Enlarge Name: dcbl.jpg Size: 236 KB



good luck... heh heh
  • #571,999
  • Dec 8, 2011 12:12pm Dec 8, 2011 12:12pm
Quoting ark
there are loads of systems that are universal
I have yet to see one. This also goes for most of the guys I know and respect.
Kill the ego, or it will kill the mission.
  • #572,000
  • Dec 8, 2011 12:17pm Dec 8, 2011 12:17pm
Quoting AaronWard
I have yet to see one. This also goes for most of the guys I know and respect.
Federal Reserve System is the only universal profitable trading system in the world
461 traders viewing now, 1 is registered:
Jewel1996