EURUSD | Page 30936 | 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

  • #618,701
  • Mar 31, 2012 11:11am Mar 31, 2012 11:11am
Quoting KillerWhale
Good night Micho, no hard feelings. I have just expressed my opinion.
i dont have hard feelings...
When life gives you lemons, make lemonade
  • #618,702
  • Mar 31, 2012 11:11am Mar 31, 2012 11:11am
Quoting pkimnyc
take care buddy. bon appetite.
Thanks my friend
New voice message: Why are you calling me? If I need you, I'll call you!
  • #618,703
  • Mar 31, 2012 11:14am Mar 31, 2012 11:14am
this will help you get it

http://www.forexoma.com/leverage-mar...forex-trading/
When life gives you lemons, make lemonade
  • #618,704
  • Mar 31, 2012 12:06pm Mar 31, 2012 12:06pm
Quoting Tsar
Maybe you're right.
But don't forget... Fibo is always going to change if the Price exceeds Fibo Calculations.
I've not met the Level of 78.6%
In an uptrend, for retracements you use the ascending lows and the top for multiple fib and for a downtrend, you use the descending tops and the low for multiple fibs. Attached is the first picture to illustrate the retracement and the extensions[not expansion] for two fibs, used as confluence over the time[A-B and a-b], and the second one is a step by step of how to use fibonacci as the price evolves. I hope this helps

Attached Image (click to enlarge)
Click to Enlarge Name: fibextensions.jpg Size: 232 KB


Attached Image (click to enlarge)
Click to Enlarge Name: multiplefib.jpg Size: 260 KB
charting the euro...
  • #618,705
  • Mar 31, 2012 12:48pm Mar 31, 2012 12:48pm
Quoting KillerWhale
Shoot, this just hit me

How in the world can you trade with leverage 1:500 and leave a backup around a 1000 pips before you get stopped or margin called?

Please I would love to hear some reactions from the very best and most experienced traders here.

If I can find the right answer to this I will be a Billionaire in 1 month and a Trillionaire within a year.
If you want to open a minilot [0.1 or 10k] it does not make any difference if you use 1:500 or 1:100, unless for the rollover, which will be higher to higher leverage because of the higher the amount borrowed. For 10k a pip [as long as the quoted currency is still the USD] is 1$ no matter your leverage. So, in a 1000$ account, buying 0.1 would require approximately 130$, while the rest remains as free margin, so with the pip worth one dollar, you have 1000 pips in your account[also depending on the margin call level]. With 1:500 leverage, you will have a margin of 26$, while the rest remains as free margin, still with 1000 pips in your account. Not much difference, even a slight advantage with higher leverage for a day trader, as the free margin is higher.
charting the euro...
  • #618,706
  • Mar 31, 2012 1:04pm Mar 31, 2012 1:04pm
Quoting KillerWhale
Time for breakfast, 9:00 AM here
Thanks for reminding me the breakfast. Its 2:04 pm here, but I just got up.

How was the week?
The Thief of Wall Street
  • #618,707
  • Mar 31, 2012 1:07pm Mar 31, 2012 1:07pm
Chill saturday staring at trade plans, looking like a pop could happen here
Attached Image (click to enlarge)
Click to Enlarge Name: 31mar12euro.jpg Size: 103 KB
Don't have an ego. Always question yourself and your ability.
  • #618,708
  • Edited 1:34pm Mar 31, 2012 1:10pm | Edited 1:34pm
Quoting shhhhh
In an uptrend, for retracements you use the ascending lows and the top for multiple fib and for a downtrend, you use the descending tops and the low for multiple fibs. Attached is the first picture to illustrate the retracement and the extensions[not expansion] for two fibs, used as confluence over the time[A-B and a-b], and the second one is a step by step of how to use fibonacci as the price evolves. I hope this helps
These first time, I see with detailed Fibo Calculations (added Level 78,6% Fibo)

If you're willing, would you like share that Fibo's Indie / know to make the Fibo Calculation.
Because I never see it (in MT4), before... Thank's in Advance

Note :
I'm sorry, wrong writen about Fibo extensions with Fibo expansion...
Always looking the GREAT, never left GOOD Point...
  • #618,709
  • Mar 31, 2012 1:47pm Mar 31, 2012 1:47pm
Quoting Tsar
These first time, I see with detailed Fibo Calculations (added Level 78,6% Fibo)

If you're willing, would you like share that Fibo's Indie / know to make the Fibo Calculation.
Because I never see it (in MT4), before... Thank's in Advance

Note :
I'm sorry, wrong writen about Fibo extensions with Fibo expansion...
this picture shows an extended list of FIBS number, I only use: 23%, 38.2%, 50%, 61.8%, 78.6%, 127%, 161.8%, 200%, 261.8%, 361.8% and 423.6%. Below 100% are retracements, above 100% are extensions, not to be confused with expansions, which are different. Now, in MT4, after drawing a fib, select it, right click and go to fib properties. There you go to FIBO LEVELS and add this levels. You have levels and descriptions. Levels are 0.23 for 23%, 0.382 for 38.2%, 0.618 for 61.8%, 0.786 for 78.6%, 1.27 for 127%, 1.618 for 161.8%, 2 for 200%, 2.618 for 261.8%, 3.618 for 361.8% and 4.236 for 423.6%. See what you have and go to add for the rest of which are not by default. Write the number at the levels, and write the percentage for the descriptions. Click ok and you are ready, in future drawings all this levels will show up.

Attached Image (click to enlarge)
Click to Enlarge Name: Harmonic_Trading_harmonic trading ratios_Page_029.jpg Size: 96 KB


What do you mean by wrong about extensions ?
charting the euro...
  • #618,710
  • Mar 31, 2012 2:02pm Mar 31, 2012 2:02pm
Time to buy?

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 71 KB
  • #618,711
  • Mar 31, 2012 2:27pm Mar 31, 2012 2:27pm
Here is a crowded list of cardinal ratios but handle with care
Attached File(s)
File Type: txt Cardinal Ratios.txt   < 1 KB | 262 downloads
Trade what you see..
  • #618,712
  • Edited 4:25pm Mar 31, 2012 2:35pm | Edited 4:25pm
Quoting shhhhh
this picture shows an extended list of FIBS number, I only use: 23%, 38.2%, 50%, 61.8%, 78.6%, 127%, 161.8%, 200%, 261.8%, 361.8% and 423.6%. Below 100% are retracements, above 100% are extensions, not to be confused with expansions, which are different. Now, in MT4, after drawing a fib, select it, right click and go to fib properties. There you go to FIBO LEVELS and add this levels. You have levels and descriptions. Levels are 0.23 for 23%, 0.382 for 38.2%, 0.618 for 61.8%, 0.786 for 78.6%, 1.27 for 127%, 1.618 for 161.8%, 2 for 200%, 2.618 for...
I'm very impress about your explanation
As the settlement of miscalculations Fibo during this time. Find the solution from you, I'm looking for so Long

Let alone knowing you also mastered the Harmonic Pattern (from your Blog)

Please, Join with us in GBP/USD and EUR/USD thread's in HERE
Show your skill, exchange ideas, discuss, analyze and share your experience. PPL need you, buddy...


Best Regards,
Tsar


Note :
Wrong writen expantion (the Correct is extensions)
Always looking the GREAT, never left GOOD Point...
  • #618,713
  • Mar 31, 2012 2:37pm Mar 31, 2012 2:37pm
Beautiful Head and Shoulder Pattern we have here, perfect timing too seeing market is expected to have a good week.
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd.gif Size: 22 KB
  • #618,714
  • Mar 31, 2012 2:53pm Mar 31, 2012 2:53pm
Quoting Chicky
Thanks for reminding me the breakfast. Its 2:04 pm here, but I just got up.

How was the week?
Good week, almost time for lunch and when that's finished = time for a few drinks and some more sleep. Than SHIT I still have to do my Tax Return so I have to figure out how much fx gain I will include, and how much will (get lost in the paperwork), 24 days and counting without cigarettes. Had nice profit last week and I am fully charged to make it a very successful second quarter.
Further I didn't win the super lotto for 652 Million but that's good otherwise I would not have to trade anymore.

How was your week?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #618,715
  • Mar 31, 2012 2:57pm Mar 31, 2012 2:57pm
Quoting jamb0
Time to buy?
Or time to sell?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #618,716
  • Mar 31, 2012 3:00pm Mar 31, 2012 3:00pm
Quoting KillerWhale
Or time to sell?
The reality is that nobody knows
  • #618,717
  • Mar 31, 2012 3:09pm Mar 31, 2012 3:09pm
Quoting jamb0
The reality is that nobody knows
I know, but I'm not allowed to disclose it.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #618,718
  • Mar 31, 2012 3:10pm Mar 31, 2012 3:10pm
Quoting shhhhh
this picture shows an extended list of FIBS number, I only use: 23%, 38.2%, 50%, 61.8%, 78.6%, 127%, 161.8%, 200%, 261.8%, 361.8% and 423.6%.....

Attachment

What do you mean by wrong about extensions ?
hmm I thought it's 23.6% and 78.4%?
http://en.wikipedia.org/wiki/Fibonacci_retracement
  • #618,719
  • Mar 31, 2012 3:35pm Mar 31, 2012 3:35pm
My chart for reference to help newbies.

Attached Image (click to enlarge)
Click to Enlarge Name: euro weekly 03-31.gif Size: 29 KB
The finest tool in the world still needs a MAN who KNOWS how to use it.
  • #618,720
  • Mar 31, 2012 3:38pm Mar 31, 2012 3:38pm
Coming week is going to be a bad week for trading.
New voice message: Why are you calling me? If I need you, I'll call you!
275 traders viewing now