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EURUSD

  • #624,921
  • Apr 13, 2012 6:39am Apr 13, 2012 6:39am
Hi all,


As a junior member, it takes forever for my trading charts to be posted.. so i hope that this works.

My method is to go down to the lower tf's for entry base on the price action there.. and then set my tp on a higher tf... current entry based on 1min chart channel ..


tp... base on the nearest resistance seen on m15.



Entry at 1.31503 at pivot point
Exit at 1.31783 at resistance 2 on m15.

Stoploss: Breakeven
Attached Image(s) (click to enlarge)
Click to Enlarge Name: channel holds.png Size: 88 KB
Click to Enlarge Name: target.png Size: 85 KB
  • #624,922
  • Apr 13, 2012 6:39am Apr 13, 2012 6:39am
Quoting Xxx
i really dont understand ur beautiful english
SIR
just like traffic in Egypt: no rules only sound signal
  • #624,923
  • Apr 13, 2012 6:40am Apr 13, 2012 6:40am
Quoting Xxx
golden rules of trading

1: a bad trade is not when you wrong about the direction of the trend
a bad trade is when you dont stick to ur trading system

2: your emotions will be tested to the extreme even with a good trading plan
the rule is "master you emotions"

3: only trade high probability trades, a high probability trade is a trade when there is no doubt in ur trading decision; even those highly probability trades dont always work out, so dont place a stake based on ur confidence.

4: RisK management: never ever use leverage more...
True that....A proper trading system with a discipline trading plan and risk management system is very important for surviving and building up the equity
  • #624,924
  • Apr 13, 2012 6:40am Apr 13, 2012 6:40am
Quoting fxmindset
are you really tumarz ? Am miss you a lot seriouslly
no sir im really not

thank you!
  • #624,925
  • Apr 13, 2012 6:40am Apr 13, 2012 6:40am
Quoting Xxx
golden rules of trading

1: a bad trade is not when you wrong about the direction of the trend
a bad trade is when you dont stick to ur trading system

2: your emotions will be tested to the extreme even with a good trading plan
the rule is "master you emotions"

3: only trade high probability trades, a high probability trade is a trade when there is no doubt in ur trading decision; even those highly probability trades dont always work out, so dont place a stake based on ur confidence.

4: RisK management: never ever use leverage more...

well i know this guy who ignores rule number 5

Inserted Video
There shall be no QE3
  • #624,926
  • Apr 13, 2012 6:41am Apr 13, 2012 6:41am
Quoting laciera
E/U,
anyone entering a long postition now?
or still holding it off ?
short tp 25p
More on my Blog...
  • #624,927
  • Apr 13, 2012 6:42am Apr 13, 2012 6:42am
Quoting Xxx
no sir im really not

thank you!
am ready to vouch tumarz before,but have never seen him again...so sad
If there was easy money lying around,no one would be forcing it into your
  • #624,928
  • Apr 13, 2012 6:44am Apr 13, 2012 6:44am
Quoting Tobinguyen
study or work, have u read "Quiet American" about Vietnam
  • #624,929
  • Apr 13, 2012 6:46am Apr 13, 2012 6:46am
E/U looks a little unsure today...
could be seeing a major rally up or down, I think.
  • #624,930
  • Apr 13, 2012 6:48am Apr 13, 2012 6:48am
Quoting Dr.Phoenix
SIR, be kind seeing my post above?
The rules taken into account.
my tp is right at the down trendline shown by the arrow on chart find it

and its roughly around 1.3260-80

this trade which im currently in is well in profit i dont trade shorter time frames so my stops are big like in this case my stops are under 1.3015 i have not yet raised my stops but i managed to close parts of my trade @ 3150 and 3183 if my another tp reached which is @ 1.3220-30 then i will raise my stops
i really dont know ur risk tolerance
Attached Image (click to enlarge)
Click to Enlarge Name: daily.gif Size: 17 KB
  • #624,931
  • Apr 13, 2012 6:50am Apr 13, 2012 6:50am
Quoting mv6
short tp 25p

I with you, It's still a short for me.
  • #624,932
  • Apr 13, 2012 6:50am Apr 13, 2012 6:50am
Quoting meromar
just like traffic in Egypt: no rules only sound signal
its better than computer and automated traffic rules
when its gone all cross smashed no brain
less technology is better to survive in case gone
and that's very soon
  • #624,933
  • Apr 13, 2012 6:51am Apr 13, 2012 6:51am
short 3165 tp +20 no sl watchin...
Too crazy to be serious. Gotta hit it, gotta hit it! lol
  • #624,934
  • Apr 13, 2012 6:51am Apr 13, 2012 6:51am
Quoting Tobinguyen
Standing here and dumping in 1 hour
It is Today.I see a dumping.
Think Different
  • #624,935
  • Apr 13, 2012 6:53am Apr 13, 2012 6:53am
Either.

EUR/USD;

Short @ 1.31400 - TP: 1.3110

OR

LONG @ 1.32050 - TP: 1.324


What do you guys think?
  • #624,936
  • Apr 13, 2012 6:53am Apr 13, 2012 6:53am
Quoting FXMindset
am ready to vouch tumarz before,but have never seen him again...so sad
yes sad it is!
but life will go on!
  • #624,937
  • Apr 13, 2012 6:54am Apr 13, 2012 6:54am
Quoting meromar
study or work, have u read "Quiet American" about Vietnam
Yep, thanks, Why don't we see at chart today instead of talking about Wars

It is only my opinion.50%
Think Different
  • #624,938
  • Apr 13, 2012 6:54am Apr 13, 2012 6:54am
Quoting laciera
Either.

EUR/USD;

Short @ 1.31400 - TP: 1.3110

OR

LONG @ 1.32050 - TP: 1.324


What do you guys think?

i prefer short waiting for new york opening
  • #624,939
  • Apr 13, 2012 6:56am Apr 13, 2012 6:56am
Opens in 5 are they hunting
Over thinking over analyzing separates the body from the mind.
  • #624,940
  • Apr 13, 2012 6:56am Apr 13, 2012 6:56am
Quoting Mr.x
i prefer short waiting for new york opening

Im waiting for 8.30 US reports!
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