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EURUSD

  • #610,921
  • Mar 16, 2012 11:14am Mar 16, 2012 11:14am
Quoting micho
come on seriously we've been talking bullish on EURUSD from Sunday and some of you still went short and got left behind
same for next week, the way is UP, so dont blow another account... OK? play nice
I like ur posts here but why bullish is the direction ?
  • #610,922
  • Mar 16, 2012 11:15am Mar 16, 2012 11:15am
Quoting kuroro001
Maybe not today...but it should challenge 1,5900 before a correction or heading to new daily highs
next 1h hour will tell us
Mohan
  • #610,923
  • Mar 16, 2012 11:15am Mar 16, 2012 11:15am
Quoting Ahmed-Egy
Forex is all about luck it's a random game i don't even call it a market ,, the last few months showed me over and over that i can NOT count on it as a career or depend my life on it, and actually that was the reason i was losing all the time .. but since i believe that my existence is just a result of randomness too i have regained like 50% of my losses for the last 2 years ,, do u know how ... i flip a coin with MM and a 1 - 1 Risk to Reward ratio and for the first time for about 2.5 years i am profitable : )
I don't want to be pessimistic, but it won't last.

You'll lose everything you've earned
COT: The precious data ignored
  • #610,924
  • Mar 16, 2012 11:16am Mar 16, 2012 11:16am
Quoting kuroro001
Maybe not today...but it should challenge 1,5900 before a correction or heading to new daily highs
its okay, as long as the EUR is following all is good... lol you know...
When life gives you lemons, make lemonade
  • #610,925
  • Mar 16, 2012 11:16am Mar 16, 2012 11:16am
Quoting micho
come on seriously we've been talking bullish on EURUSD from Sunday and some of you still went short and got left behind
same for next week, the way is UP, so dont blow another account... OK? play nice
hehe i made the week shorting, a good week

btw next week i play long and i think olso the other next week aswell !
  • #610,926
  • Mar 16, 2012 11:16am Mar 16, 2012 11:16am
Quoting Cerber.bf2
get rid of indicaters, you'll find heaven
but isn't it right that if any one followed any momentum indicator would have made so much pips today ?
  • #610,927
  • Mar 16, 2012 11:16am Mar 16, 2012 11:16am
Quoting Ahmed-Egy
I like ur posts here but why bullish is the direction ?
i posted a chart like 1 hour or 2 ago, check it
When life gives you lemons, make lemonade
  • #610,928
  • Mar 16, 2012 11:17am Mar 16, 2012 11:17am
Quoting LedZeppelin
Too bad for them, I do not know what it was like six hours ago but the price was a lower-low and stochastic showed low-high. that is bullish, right?
That's divergence. It could go up but it might make several lower-lows before finally reversing.
  • #610,929
  • Mar 16, 2012 11:17am Mar 16, 2012 11:17am
Quoting Ahmed-Egy
but isn't it right that if any one followed any momentum indicator would have made so much pips today ?
it was news driven.
  • #610,930
  • Mar 16, 2012 11:19am Mar 16, 2012 11:19am
Quoting micho
its okay, as long as the EUR is following all is good... lol you know...
It will
COT: The precious data ignored
  • #610,931
  • Mar 16, 2012 11:19am Mar 16, 2012 11:19am
there is a long way to go up for Euro.......
There is no substitute of hard work and experience. $ € £ ¥
  • #610,932
  • Mar 16, 2012 11:19am Mar 16, 2012 11:19am
Quoting kuroro001
I don't want to be pessimistic, but it won't last.

You'll lose everything you've earned
I totally agree with you mate on that i COULD lose everything yes ,, but i also could double my gains the next couple month as well ,, u can't deny that it's a game of probabilities ,, nothing more
  • #610,933
  • Mar 16, 2012 11:22am Mar 16, 2012 11:22am
For once, markets are approaching the end of the week in a relative state of calm. Oil prices have eased around 4% from the highs seen earlier in the month, global equities have more than recovered from the modest correction and the sell-off in higher yielding currencies (Brazil and Australia, among others) has stabilised, at least for the time being. The other notable event was the further fall in the VIX index to levels not seen since mid-2007. In other words, investors are putting a much lower premium on uncertainty. Now, this can be seen as both a good thing and a bad thing, given that it was the under and mis-pricing of risk that was partly a factor in the financial crisis in the first place. But for now, investors appear content to at least breathe a sigh of relief and not to worry about the latest twist and turn in Greece. Enjoy it, as it won't last forever.
  • #610,934
  • Mar 16, 2012 11:22am Mar 16, 2012 11:22am
Quoting Ahmed-Egy
I totally agree with you mate on that i COULD lose everything yes ,, but i also could double my gains the next couple month as well ,, u can't deny that it's a game of probabilities ,, nothing more
Yes, but not random probabilities. If you do not know that, then you are not ready to trade Forex (or trade anything really).

If you want to gamble, go to the casino and you won't have to wait several months to lose.
  • #610,935
  • Mar 16, 2012 11:23am Mar 16, 2012 11:23am
Quoting Ahmed-Egy
I totally agree with you mate on that i COULD lose everything yes ,, but i also could double my gains the next couple month as well ,, u can't deny that it's a game of probabilities ,, nothing more
Flipping a coin is 50/50
Taking a position is less than 50/50 because of the spread when you take a position you are immediatly in the red.

Sum it up and you will see the probability is not in your favor...luck is...so i hope your luck will last
COT: The precious data ignored
  • #610,936
  • Mar 16, 2012 11:24am Mar 16, 2012 11:24am
Quoting ptetech
Yesterday the EUR/USD returned to last weeks mid-week levels. This is expected to continue throughout the week with peaks near the resistance of 1.330 and lows near 1.3060.
I said this on Tuesday
  • #610,937
  • Mar 16, 2012 11:25am Mar 16, 2012 11:25am
Quoting Kowalczyk
Yes, but not random probabilities. If you do not know that, then you are not ready to trade Forex (or trade anything really).

If you want to gamble, go to the casino and you won't have to wait several months to lose.
I wasn't talking to you but i hope when u trade (lose) so much when u do everything right and you realize that fact it won't be too late or a life changing for you ,, best wishes
  • #610,938
  • Mar 16, 2012 11:26am Mar 16, 2012 11:26am
Quoting kuroro001
Flipping a coin is 50/50
Taking a position is less than 50/50 because of the spread when you take a position you are immediatly in the red.

Sum it up and you will see the probability is not in your favor...luck is...so i hope your luck will last
lol, i tell you i've been flipping that coin and getting profits
i guess i am just lucky
When life gives you lemons, make lemonade
  • #610,939
  • Mar 16, 2012 11:28am Mar 16, 2012 11:28am
Quoting kuroro001
Flipping a coin is 50/50
Taking a position is less than 50/50 because of the spread when you take a position you are immediatly in the red.

Sum it up and you will see the probability is not in your favor...luck is...so i hope your luck will last
thanks and i hope the best for u too
  • #610,940
  • Mar 16, 2012 11:29am Mar 16, 2012 11:29am
Maybe EU won't see a break through 1.3187 and can we close below that.
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