EURUSD | Page 28748 | 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

  • #574,941
  • Dec 14, 2011 3:07pm Dec 14, 2011 3:07pm
according to chaos theory the system will leave order now and became chaotic with oscillation movement

target is 1.3541

yes i know it sounds strange now and has no any clear explanation but lets see
i am also curious
'You must be the change you wish to see in the world' . Gandhi
  • #574,942
  • Dec 14, 2011 3:09pm Dec 14, 2011 3:09pm
Quoting sidhujag
Well isnt it 49/50 because of spread and commision? What if you flip 4 heads isnt it a higher chance for a tail. You dont have to play every round thats what makes it less random.
and i believe your math is flawed

Ω=2 possible out comes
Σ= 1 ( the desideratum)

so then 1/2 = 50% of course we have speed, force, angle, weight of the coin to take in to account but all things being equal your chances of landing a head or tails at any one flip is 50% but the more your flip the less you are right

4 heads in a row in flips= (1/2)(1/2)(1/2)(1/2) = 1/8= 13% approx of landing 4 heads, and the more you mess with the desideratum as in combining it and such the less likely you are to call it right

in plain english

do not over trade, take the best set ups according to your system, there is a mathematical reason for it
AVT INVENIAM VIAM AVT FACIAM
  • #574,943
  • Dec 14, 2011 3:10pm Dec 14, 2011 3:10pm
They are pushing the rubber and then ... you know.
  • #574,944
  • Dec 14, 2011 3:11pm Dec 14, 2011 3:11pm
Quoting wormboy
Another reason not to be long is that there is a valid bearish continuation pattern.
Don't see why you'd want to rush to counter this trend. I'd wait for a proper reversal pattern to appear at least.
Food for thought, thanks.
Anyway have my long stop @ BE +
New voice message: Why are you calling me? If I need you, I'll call you!
  • #574,945
  • Dec 14, 2011 3:16pm Dec 14, 2011 3:16pm
Quoting phxmike
according to chaos theory the system will leave order now and became chaotic with oscillation movement

target is 1.3541

yes i know it sounds strange now and has no any clear explanation but lets see
i am also curious
Who came up with that target? What kind of risk are we talking about for this 500 pipper & most importantly what kind of timeframe are we looking at? 1 day? 1 week?

I ask because at the moment I see absolutely nothing that suggest that it could climb that high.
1.3141 maybe since the broken monthly pvs had not been retested. Then again, it doesn't have to be retested right after a breakout. Could still slide towards the second monthly pvs @2845 before pulling back up for the strong retrace most here are hoping for.
Thank You
  • #574,946
  • Dec 14, 2011 3:17pm Dec 14, 2011 3:17pm
Quoting wormboy
Another reason not to be long is that there is a valid bearish continuation pattern.
Don't see why you'd want to rush to counter this trend. I'd wait for a proper reversal pattern to appear at least.
My 4H pattern looks different on MT4
Attached Image (click to enlarge)
Click to Enlarge Name: eu 4h 12-14.gif Size: 22 KB
New voice message: Why are you calling me? If I need you, I'll call you!
  • #574,947
  • Dec 14, 2011 3:17pm Dec 14, 2011 3:17pm
Quoting KillerWhale
Food for thought, thanks.
Anyway have my long stop @ BE +
You're welcome my friend, have a good one
Thank You
  • #574,948
  • Dec 14, 2011 3:22pm Dec 14, 2011 3:22pm
Quoting KillerWhale
My 4H pattern looks different on MT4
Yes that does look slightly different, different time setting perhaps?
My FXCM TS2 has the same falling three on the H4.
Thank You
  • #574,949
  • Dec 14, 2011 3:27pm Dec 14, 2011 3:27pm
Quoting wormboy
Who came up with that target? What kind of risk are we talking about for this 500 pipper & most importantly what kind of timeframe are we looking at? 1 day? 1 week?

I ask because at the moment I see absolutely nothing that suggest that it could climb that high.
1.3141 maybe since the broken monthly pvs had not been retested. Then again, it doesn't have to be retested right after a breakout. Could still slide towards the second monthly pvs @2845 before pulling back up for the strong retrace most here are hoping for.
please study chaos theory further as i have mentioned it for tom a few days ago
and then you will haven't got these questions

first step for you would be to find the right questions
then you can look for answer within the system
'You must be the change you wish to see in the world' . Gandhi
  • #574,950
  • Dec 14, 2011 3:32pm Dec 14, 2011 3:32pm
Quoting phxmike
please study chaos theory further as i have mentioned it for tom a few days ago
and then you will haven't got these questions

first step for you would be to find the right questions
then you can look for answer within the system
I don't need to study this chaos theory. It's not my working system.

You posted the target. You mention the system. Don't tell me if 10 people were to ask you this question you're gonne tell everyone to go learn it up first?
If you can't afford to give a simple explanation then don't even bother posting targets.
Thank You
  • #574,951
  • Dec 14, 2011 3:35pm Dec 14, 2011 3:35pm
Quoting wormboy
Another reason not to be long is that there is a valid bearish continuation pattern.
Don't see why you'd want to rush to counter this trend. I'd wait for a proper reversal pattern to appear at least.

Have to agree and sure plenty who were in @4500 believe this pattern will complete by May...ish. Anyone else agree ? Gonna take a while to straighten the EU zone out.
Attached Image (click to enlarge)
Click to Enlarge Name: EU M1.jpg Size: 163 KB
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #574,952
  • Dec 14, 2011 3:42pm Dec 14, 2011 3:42pm
Quoting the redlion
not necessarily

prove to me how spread and commissions make it 49/50

when you look at an open

daily
hourly
monthly

what is the thing that for the most part remains constant?


closes above or below open (i give credit to Crucial point on this he made me see the importance of interpreting candles not only to look at Price action, and momentum, displacement, capacity but as a reference in a point in time)

what is the chances that price closes above or below open?

that is the most important question to in my opinion to ask myself

once...
Right i thought u meant it was random but I agree its not. My second point talks about this likeyour open close point which I agree is important usually mid is aswell as price jumps above below which proves there is a nonrandom reaction alot of times.
  • #574,953
  • Dec 14, 2011 3:46pm Dec 14, 2011 3:46pm
Quoting Valhalla610
That's still better than breaking your rules and losing money. I suppose strategies must eveolve with the markets. Myself, I don't really have a strategy, I'm still trying to figure this stuff out. Fortunately, I'm only playing with monopoly money for now but it's getting better
Demo's are good for learning a platform and learning a few strategies but beyond that they are kind of worthless. I've always lost with demo accounts.

I wiped out my first two live accounts but that is simply the cost of tuition in order to learn. Start with a small account using micro pips so if you lose 200 pips, it's only twenty bucks.

I developed a target plan in October, stayed with my strategy so in October, I had a 50% increase and in November I had a 88% increase. So far in December, I'm at 12% increase but month isn't over.

Learn a strategy then practice and practice until you consistently win. That's my unsolicited advice.
Taigen Profit This Month: na
  • #574,954
  • Dec 14, 2011 3:48pm Dec 14, 2011 3:48pm
  •  duca
  • | Joined Dec 2011 | Status: Investing is simple, but not easy | 409 Posts
Quoting kbmoonshinex
so you a scalper ? how many pips you can scalp in that slow market ?
$ 60 yesterday, with lots from 0.4 to 4.00 hours sydney
hello
Attached Image
give 1 and get 100
  • #574,955
  • Dec 14, 2011 3:48pm Dec 14, 2011 3:48pm
Quoting Stu Effex
Have to agree and sure plenty who were in @4500 believe this pattern will complete by May...ish. Anyone else agree ? Gonna take a while to straighten the EU zone out.
I was just talking about a retrace, not a reversal of trend.
Who knows we're going to 1.1650.

Somewhere I always knew I should have kept my short set-ups from 1.18 back in November 2005. It just needed a bigger s/l, like 1.6100 of so.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #574,956
  • Dec 14, 2011 3:53pm Dec 14, 2011 3:53pm
Waiting on 1.3057. Should be getting a pop up soon that I won't be taking.
  • #574,957
  • Dec 14, 2011 3:57pm Dec 14, 2011 3:57pm
Quoting the redlion
and i believe your math is flawed

Ω=2 possible out comes
Σ= 1 ( the desideratum)

so then 1/2 = 50% of course we have speed, force, angle, weight of the coin to take in to account but all things being equal your chances of landing a head or tails at any one flip is 50% but the more your flip the less you are right

4 heads in a row in flips= (1/2)(1/2)(1/2)(1/2) = 1/8= 13% approx of landing 4 heads, and the more you mess with the desideratum as in combining it and such the less likely you are to call it right

in plain english

do...
Yes 50 50 but spread effects your outcome if its truly random. If it cost you to flip he coin so no your math is wrong even in a perfect world.

You didnt understand my second point you flip 4 heads and I guess tails. I have a 50/50 chance mathmatically but momentum tells me I have a 82% chance of a reversal. I wouldnt bet for 4 heads in a row unless i got like 20 tails in a row or something
  • #574,958
  • Dec 14, 2011 4:00pm Dec 14, 2011 4:00pm
In ranging mode after break to the downside, making triangle now, see where it breaks after it hits the TL's.
  • #574,959
  • Dec 14, 2011 4:02pm Dec 14, 2011 4:02pm
Quoting KillerWhale
I was just talking about a retrace, not a reversal of trend.
Who knows we're going to 1.1650.

Somewhere I always knew I should have kept my short set-ups from 1.18 back in November 2005. It just needed a bigger s/l, like 1.6100 of so.

No Sweat Killer. Don't trade that long myself. Just thought I'd throw it in the mix. Although have got that 4500 on my micro...( But what effin use is that !!). There are prob some dickheads on here that are still holding shorts from 2005 prayin they come back this way one day !
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
  • #574,960
  • Dec 14, 2011 4:11pm Dec 14, 2011 4:11pm
Quoting Stu Effex
Have to agree and sure plenty who were in @4500 believe this pattern will complete by May...ish. Anyone else agree ? Gonna take a while to straighten the EU zone out.
If it ever gets straighten out
Thank You
2,280 traders viewing now, 1 is registered:
macd12