EURUSD | Page 29059 | 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

  • #581,161
  • Jan 7, 2012 2:00pm Jan 7, 2012 2:00pm
Quoting LaMaschera
I see, makes sense.

You know, lately I found a way to reduce the screen time, just making decisions based on the daily candles only. Set ups are taken not for position trading but for short terms. When my trade do not work I am out at the next daily candle, when they do work I am out between 2 and 7 candles. I do not have to spend much time on the screen but a couple hours only at the beginning of a new candle.
Keep in mind that I trade about 20 pairs (all less then 3 pips spread) and I look for about 4 set ups that I specialised in.
Cannot agree more. Noted same thing and observing daily charts for past few months. Find daily most reliable.

They also give you one or two good r/r trades per year that may last for several months. All one needs is to keep an eye on world economy, wait for those rare opportunities and meanwhile do what you just said. I am waiting with a big roll for such opportunity, meanwhile day trading with 1% r/r per trade.
The Thief of Wall Street
  • #581,162
  • Jan 7, 2012 2:05pm Jan 7, 2012 2:05pm
No offence . Just trying to have some fun OK .
Attached Image (click to enlarge)
Click to Enlarge Name: 325 monthly 01-07-12.gif Size: 39 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #581,163
  • Jan 7, 2012 2:06pm Jan 7, 2012 2:06pm
Quoting infinitus
Hi Chicky,

excellent posting :-)................. I have left enough firepower to spent, when the trade temporarily goes against me....
I would suggest never use your reserve firepower in one spree, use it bullet by bullet no matter what. Can give you a thousand boring experiences on this with all the logic and math.
The Thief of Wall Street
  • #581,164
  • Jan 7, 2012 2:10pm Jan 7, 2012 2:10pm
Quoting Motion
hanover computes the periodic average value of each major currency from the possible 28 combinations...what is the big flaw in that technique? I owe you a hundred US dollars if you honestly get it right.
The only flaw i recognize is that we do not monitor the whole market, if i had this indi with all exchange traded currencies tracked, oh boy.
  • #581,165
  • Jan 7, 2012 2:14pm Jan 7, 2012 2:14pm
Quoting meromar
How much money will make u happy?
What will u do with it
$3 mil at least.
  • #581,166
  • Jan 7, 2012 2:19pm Jan 7, 2012 2:19pm
Quoting pkimnyc
$3 mil at least.
If he makes three, I will divorce my three wives.

Ps. Oooooooooooops. I thought your were talking about Happytrader.
The Thief of Wall Street
  • #581,167
  • Jan 7, 2012 2:24pm Jan 7, 2012 2:24pm
Quoting Chicky
If he makes three, I will divorce my three wives.
And I Will like to take them all then if you dont mind !!! I am serious !!!
Human
  • #581,168
  • Jan 7, 2012 2:26pm Jan 7, 2012 2:26pm
Quoting meromar
How much money will make u happy?
What will u do with it
$500,000 because this is what I have lost in this poor economy over four years.
The Thief of Wall Street
  • #581,169
  • Edited 2:43pm Jan 7, 2012 2:32pm | Edited 2:43pm
Quoting Chanya
And I Will like to take them all then if you dont mind !!! I am serious !!!
I am serious too. Four of my five wives are imaginary only to provide some entertainment to people on these threads. You can take as many you want but don't even think about my real wife, she's very precious.............................. She is from Pakistan, born in Iran, raised in Iraq, close ties with Palestine and living in the US. Keeping her happy is vital to world peace.
The Thief of Wall Street
  • #581,170
  • Jan 7, 2012 2:52pm Jan 7, 2012 2:52pm
Quoting meromar
How much money will make u happy?
What will u do with it
+8% in 12 of my total money
  • #581,171
  • Jan 7, 2012 3:01pm Jan 7, 2012 3:01pm
Quoting Motion
Hi mate, the fact that you identified yourself as a noob proves you're not a noob. .



Watch this guy, he is promising good stuff.
Beauty awakens the soul to act. Dante Alighieri
  • #581,172
  • Edited 7:04pm Jan 7, 2012 3:14pm | Edited 7:04pm
Quoting Motion
Thanks man. I do appreciate the kind gesture. Just went through the thread. Nice one from hanover. I got something related to that too. I programmed it myself but it works with percentages. It provides me with true value of a pair. Pull up a USDX chart, you'll see why the fiber has been tanking. Let's look at it this way: given two currency pairs, fiber and cable, the fiber tanking does not mean the cable has to tank. The cable could instead rally. It simply means traders prefer buying the pounds and the dollars. I really don't like indicators on...
I use this indicator for relative strength "CCFP". Let me know if you need it.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 62 KB
Beauty awakens the soul to act. Dante Alighieri
  • #581,173
  • Jan 7, 2012 3:24pm Jan 7, 2012 3:24pm
Quoting Chicky
Cannot agree more. Noted same thing and observing daily charts for past few months. Find daily most reliable.

They also give you one or two good r/r trades per year that may last for several months. All one needs is to keep an eye on world economy, wait for those rare opportunities and meanwhile do what you just said. I am waiting with a big roll for such opportunity, meanwhile day trading with 1% r/r per trade.
YES YES.

This week based on daily charts made 402 pips no losses.
Most of the time my losses and winners are small, but once or twice a month I run a trade where my risk is around 30 pips and my gain is around 300.
This is where my money is coming from. At the beginning I thought that was only luck falling on my laps, but then I realise that is not the case. I need to have the stamina to stay with my methods if that is going to happen.
Beauty awakens the soul to act. Dante Alighieri
  • #581,174
  • Jan 7, 2012 3:28pm Jan 7, 2012 3:28pm
Quoting Chicky
I am serious too. Four of my five wives are imaginary only to provide some entertainment to people on these threads. You can take as many you want but don't even think about my real wife, she's very precious.............................. She is from Pakistan, born in Iran, raised in Iraq, close ties with Palestine and living in the US. Keeping her happy is vital to world peace.
Smooth, both of you.
Beauty awakens the soul to act. Dante Alighieri
  • #581,175
  • Jan 7, 2012 4:13pm Jan 7, 2012 4:13pm
Quoting Chicky
I would suggest never use your reserve firepower in one spree, use it bullet by bullet no matter what. Can give you a thousand boring experiences on this with all the logic and math.
Hi Chicky,

that is what I do. When I placed the initial 3/10 position and it runs against me, I place further positions in 1/10 steps.

My money manegement even allows me to go up to 20/10, bur I do that very seldomly.
  • #581,176
  • Jan 7, 2012 4:19pm Jan 7, 2012 4:19pm
Quoting Chicky
I would suggest never use your reserve firepower in one spree, use it bullet by bullet no matter what. Can give you a thousand boring experiences on this with all the logic and math.
i like being bored with logic and math
:nerd:
AVT INVENIAM VIAM AVT FACIAM
  • #581,177
  • Jan 7, 2012 6:28pm Jan 7, 2012 6:28pm
Quoting Chicky
If he makes three, I will divorce my three wives.

Ps. Oooooooooooops. I thought your were talking about Happytrader.
In 6 yrs
  • #581,178
  • Jan 7, 2012 9:12pm Jan 7, 2012 9:12pm
http://img220.imageshack.us/img220/2306/testoi.gif
  • #581,179
  • Jan 8, 2012 12:40am Jan 8, 2012 12:40am
EUR is forecasted to continue to drop:
Attached Image (click to enlarge)
Click to Enlarge Name: EUR forecast.JPG Size: 55 KB
  • #581,180
  • Edited 1:37am Jan 8, 2012 1:19am | Edited 1:37am
Quoting knoxxxalot
The only flaw i recognize is that we do not monitor the whole market, if i had this indi with all exchange traded currencies tracked, oh boy.
. Nice try man. 'Ll PM you the right answer.

Quoting LaMaschera
I use this indicator for relative strength "CCFP". Let me know if you need it.
Thanks mate. So nice of you. But I guess the indy works with MT4.... My platform is Dealbook but I really appreciate your kindness.

BTW, how do you trade the indicator? Do u have any other tactic for trading it other than the native way of using indicators?

Quoting infinitus
Hi Chicky,

that is what I do. When I placed the initial 3/10 position and it runs against me, I place further positions in 1/10 steps.

My money manegement even allows me to go up to 20/10, bur I do that very seldomly.
Scary.
edit: if the price runs against me, it's definitely because i was wrong. why not just let it go and move on to the next trade?
Don't just beat the markets, leave bruises.
1,590 traders viewing now