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EURUSD

  • #611,221
  • Mar 18, 2012 1:51pm Mar 18, 2012 1:51pm
lets go straight down to 122
When life gives you lemons, make lemonade
  • #611,222
  • Mar 18, 2012 1:54pm Mar 18, 2012 1:54pm
Hi all, newbie to FF but not to FX trading. Just thought I would introduce myself. I am Ian and operate out of the UK! I have been trading for 5 years now, on a part time basis & generally only trade EUR/USD, GBP/USD & USD/JPN. I have blown accounts 4 times in the past, so money management is a must for me (spending most of my trading time sitting on my hands!), I learnt the hard way but very valuable lessons!! Looking forward to sharing trading experiences & thoughts going forward.
Take care, be safe!

Ian
  • #611,223
  • Mar 18, 2012 2:18pm Mar 18, 2012 2:18pm
Wow.... What a great weekend... Trading starts soon and I will be trading 10 hours from now.. I wish all of you a great trading week and love you all...
  • #611,224
  • Mar 18, 2012 2:23pm Mar 18, 2012 2:23pm
Quoting micho
i like the words in bold
where you see something to blame, come and blame. no joke, im not english.

anyways.. i read lot of posts here about what price will hit next week and then fall down. my question is how do you guys calculate your predictions for time when it will hit a certain price, as time and price is in constant move to each other and resistance, support lines change with time. it seems like you guys already know what time and price will meet its resistance, support.
  • #611,225
  • Mar 18, 2012 2:30pm Mar 18, 2012 2:30pm
Can i also put my prediction:

It is simple, the downtrend is finished, from here we go back to 1.45/1.50
Don't sell too much!
  • #611,226
  • Mar 18, 2012 2:32pm Mar 18, 2012 2:32pm
guys
apologies for asking irrelevant question.
does anyone know how to add 2nd broker to 'Market' tab?
i have my primary broker Alpari included however i want to add 2nd broker
  • #611,227
  • Mar 18, 2012 2:37pm Mar 18, 2012 2:37pm
Quoting trigon82
where you see something to blame, come and blame. no joke, im not english.

anyways.. i read lot of posts here about what price will hit next week and then fall down. my question is how do you guys calculate your predictions for time when it will hit a certain price, as time and price is in constant move to each other and resistance, support lines change with time. it seems like you guys already know what time and price will meet its resistance, support.
hey dude, some can predict where the price is going sometimes but not everytime... you need to practice and read more about the market and develop your own style and see if you become profitable... read about fibanacci, indicators and candle patterns
When life gives you lemons, make lemonade
  • #611,228
  • Mar 18, 2012 2:41pm Mar 18, 2012 2:41pm
Quoting mofu.Dnewbie
Easy Bro.. I wish you the very best.. The World is NOT Enough ....007 Classics...

Let's pray it hits 1.34X before the sexy hip swing dance dirty south..
  • #611,229
  • Mar 18, 2012 2:51pm Mar 18, 2012 2:51pm
Quoting tunera
Can i also put my prediction:

It is simple, the downtrend is finished, from here we go back to 1.45/1.50
Don't sell too much!
Any chart behind your prediction?
  • #611,230
  • Mar 18, 2012 3:06pm Mar 18, 2012 3:06pm
Quoting micho
hey dude, some can predict where the price is going sometimes but not everytime... you need to practice and read more about the market and develop your own style and see if you become profitable... read about fibanacci, indicators and candle patterns
Yes, I understand, Im not a beginner. I waited last week when we came out of congestion area for the first time, then reversed back into it without making new lows and made my purchase there, expected resistance 1.3130 area and later 1.3185. It was good trade with noticable amount of market makers involved in this move. But everything is not always that perfect.

But what Im saying is actual resitance and support lines are calculated with time and price to be accurate and these are almost never horizontal.

So you really didnt give me any answers..
  • #611,231
  • Mar 18, 2012 3:08pm Mar 18, 2012 3:08pm
Quoting micho
hey dude, some can predict where the price is going sometimes but not everytime... you need to practice and read more about the market and develop your own style and see if you become profitable... read about fibanacci, indicators and candle patterns
.............and also some black magic.
The Thief of Wall Street
  • #611,232
  • Mar 18, 2012 3:12pm Mar 18, 2012 3:12pm
Quoting trigon82
Yes, I understand, Im not a beginner. I waited last week when we came out of congestion area for the first time, then reversed back into it without making new lows and made my purchase there, expected resistance 1.3130 area and later 1.3185. It was good trade with noticable amount of market makers involved in this move. But everything is not always that perfect.

But what Im saying is actual resitance and support lines are calculated with time and price to be accurate and these are almost never horizontal.

So you really didnt give me any answers.....
yeah sure they not horizontal... to think of it being horizontal is just naive... unless you want to get it in a cheap simple way
When life gives you lemons, make lemonade
  • #611,233
  • Mar 18, 2012 3:20pm Mar 18, 2012 3:20pm
goodmorning guys...all are in the boat...
follow the flow of music $
  • #611,234
  • Mar 18, 2012 3:20pm Mar 18, 2012 3:20pm
Quoting trigon82
where you see something to blame, come and blame. no joke, im not english.

anyways.. i read lot of posts here about what price will hit next week and then fall down. my question is how do you guys calculate your predictions for time when it will hit a certain price, as time and price is in constant move to each other and resistance, support lines change with time. it seems like you guys already know what time and price will meet its resistance, support.
Here is your answer.

They know in advance because they mark these historical levels:

Level 1: A level where there were many buyers and seller. The price stayed in a small range at this level

Level 2: A level where there were many buyers and very few sellers. Price went up from here.

Level 3: A level where there were many sellers and very few buyers. Price went down from here.

Now when it goes to level 2 again, they predict high. If it goes to level Level3, they predict low. If it goes to level 1, they are fucked - bigtime.
The Thief of Wall Street
  • #611,235
  • Mar 18, 2012 3:25pm Mar 18, 2012 3:25pm
I will short it from 1.3211 with target @ 1.3020
Hope this will be happen on the coming first day of trading
Need charts, I'm ready !!
Cheers
  • #611,236
  • Mar 18, 2012 3:31pm Mar 18, 2012 3:31pm
Here are some observations from the TPO Profile study. Seeing as we shot straight up last Friday, we may get a retrace to 1.3136 to 1.3100 (price usually retraces to fill the thin green lines). However, it seems like we will go to at least 1.3241 this week to test some resistance there.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen shot 2012-03-18 at 4.21.50 PM.jpg Size: 226 KB
  • #611,237
  • Edited 4:11pm Mar 18, 2012 3:47pm | Edited 4:11pm
Once again, EUR/USD cant breach 1.3160 and GBP/USD cant breach 1.5820. If we can get past these levels, 1.3120 and 1.5750 is very possible. From there, new highs.

My current positions:
Short GBP/USD at 1.5849. TP at 1.5751 and SL at 1.5865.

My current orders:
Long EUR/USD at 1.3122. SL at 1.3110 and TP to be determined.
Long GBP/USD at 1.5751. SL at 1.5731 and TP to be determined.

GBP/USD might go back to 1.5850 before retesting 1.5820 again today (Probably during Asian session).
  • #611,238
  • Mar 18, 2012 3:52pm Mar 18, 2012 3:52pm
Quoting Kowalczyk
Once again, EUR/USD cant breach 1.3160 and GBP/USD cant breach 1.5820. If we can get past these levels, 1.3120 and 1.5750 is very possible. From there, new highs.

My current positions:
Short GBP/USD at 1.5749. TP at 1.5751 and SL at 1.5765.

My current orders:
Long EUR/USD at 1.3122. SL at 1.3110 and TP to be determined.
Long GBP/USD at 1.5751. SL at 1.5731 and TP to be determined.

GBP/USD might go back to 1.5850 before retesting 1.5820 again today (Probably during Asian session).
lol
Hero calls followed by margin calls...
  • #611,239
  • Mar 18, 2012 3:54pm Mar 18, 2012 3:54pm
Quoting PhAnTi'
lol
My bad, I meant 1.5849.
  • #611,240
  • Mar 18, 2012 4:16pm Mar 18, 2012 4:16pm
Quoting Chicky
Here is your answer.

They know in advance because they mark these historical levels:

Level 1: A level where there were many buyers and seller. The price stayed in a small range at this level

Level 2: A level where there were many buyers and very few sellers. Price went up from here.

Level 3: A level where there were many sellers and very few buyers. Price went down from here.

Now when it goes to level 2 again, they predict high. If it goes to level Level3, they predict low. If it goes to level 1, they are fucked - bigtime.
muahahaha i love you, you just need to remove your blue star and replace it with a something else
When life gives you lemons, make lemonade
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