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EURUSD

  • #646,741
  • May 23, 2012 2:34pm May 23, 2012 2:34pm
1.25782 tp 1.2650 Sl 1.2545

I realize this is a counter trend move, and I don't expect this to be the start of a bull run. I intend to short this again if/when we get to 1.2650
  • #646,742
  • May 23, 2012 2:49pm May 23, 2012 2:49pm
Quoting almo
1.25782 tp 1.2650 Sl 1.2545

I realize this is a counter trend move, and I don't expect this to be the start of a bull run. I intend to short this again if/when we get to 1.2650
Hmm....nice i am also planning to short some up movement.Euro so crazy this days......lol
AtTacKing My FeAr
  • #646,743
  • May 23, 2012 2:51pm May 23, 2012 2:51pm
Quoting fxshofi
Hmm....nice i am also planning to short some up movement.Euro so crazy this days......lol
when u say short u mean long?
  • #646,744
  • May 23, 2012 2:52pm May 23, 2012 2:52pm
Quoting kibescorp
People never seem to learn that betting against the trend is almost always a LOSING bet.

In addition ... there is no bottom to a Bottomless Abyss.
My shorts closed in profit where to from here.
Its easy to be on the wrong side of these ups an downs,all good if your account is big enough to handle the swings.
That is every new traders nightmare being able to stay in trade until hits profit.
  • #646,745
  • May 23, 2012 2:53pm May 23, 2012 2:53pm
Quoting dotless
when u say short u mean long?
I mean short...... this pair will keep falling and i am expecting 1.20xx :-) But i am not blaming any trader who want to buy this....:-))
AtTacKing My FeAr
  • #646,746
  • Edited 3:36pm May 23, 2012 2:58pm | Edited 3:36pm
When most ppl think price will go down forever, that is the best indication price will turn. Everyone have their own way to trade. Institutions almost always buy when price going down. Price won't head one direction without correction. While on the longer period price seems could head lower, currently price at the channel extended from May 15 to May 18.

There is indication that the price will retest the 1.2560-1.2570 demand area and if it holds there is a possibility it will retest the supply area on the upper channel which coincidentally near the May 18th. The lower channel gave a good demand earlier today.

This month most of my trade is long. While I do not trade often I do wonder why most of them is a winning trade if trading against the trend is an almost always a losing bet. I think if they know how to do it then do not bother, ppl have their own way which work best for them.

Btw, on 2009. I worked as equity analyst, at the end of January I often tell that the bottom could be near when I present my daily analysis. At the last week of Jan I start building position on equity till the first week of feb. When I almost fully invested and the price still head south ppl start mocking me(esp those damn brokers), it makes me doubting my judgment. I cut 30% of my position only to reenter later at higher price. You know the rest of the story. If you have a plan, trade your plan. Do not believe what ppl said, trust yourself. You did not know if they are better than you. If you are wrong most of the time, then you should learn more.
  • #646,747
  • May 23, 2012 3:17pm May 23, 2012 3:17pm
Quoting wm-eu
well, i expect that we close today above 1.26

pls. dont ask why i think so...its only a feeling
effectively, at 4 pm est - eu touched 1.26 ^^
Pecunia non olet
  • #646,748
  • May 23, 2012 3:22pm May 23, 2012 3:22pm
Quoting Passerby
When most ppl think price will go down forever, that is the best indication price will turn. Everyone have their own way to trade. Institutions almost always buy when price going down. Price won't head one direction without correction. While on the longer period price seems could head lower, currently price at the channel extended from May 15 to May 18.

There is indication that the price will retest the 1.2560-1.2570 demand area and if it holds there is a possibility it will retest the supply area on the upper channel which coincidentally near...
Well said friend trading is all about our psychology and our trading reflects what we are.Listening to people doesn't make sense.
AtTacKing My FeAr
  • #646,749
  • May 23, 2012 3:24pm May 23, 2012 3:24pm
Quoting fxshofi
Well said friend trading is all about our psychology and our trading reflects what we are.Listening to people doesn't make sense.
This is an ironic statement.

IMO, if your trading (correctly) you ARE listening to people. After all...whose driving the price?
  • #646,750
  • May 23, 2012 3:29pm May 23, 2012 3:29pm
Quoting almo
This is an ironic statement.

IMO, if your trading (correctly) you ARE listening to people. After all...whose driving the price?
Whoz driving the price that's not my concern...i only do what i think and i believe.If you think that's ironic it's only your opinion not all of the member's in this forum.....I hope you got it.
AtTacKing My FeAr
  • #646,751
  • May 23, 2012 3:35pm May 23, 2012 3:35pm
Some ideas for now
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur-b.png Size: 88 KB
Click to Enlarge Name: ej.png Size: 70 KB
Click to Enlarge Name: uj.png Size: 96 KB
Click to Enlarge Name: xu.png Size: 100 KB
  • #646,752
  • May 23, 2012 3:40pm May 23, 2012 3:40pm
Quoting fxshofi
Whoz driving the price that's not my concern...i only do what i think and i believe.If you think that's ironic it's only your opinion not all of the member's in this forum.....I hope you got it.
Solute to that.
When I first started the whole trading, I listened to all the news, was trying to get some info and it all led to nothing; charts do it before all those talks.
All the feeling and guessing should be left aside; and thinking, analyzing, self discipline should be in place and drive it.
  • #646,753
  • May 23, 2012 3:47pm May 23, 2012 3:47pm
Quoting mofu.Dnewbie
[size=3][color=Red]i've spent the last three weeks away from live trading. using the break to study the equations behind "gay lussacks law of combining volumes" and their application to forex. after two weeks on demo working out the knots and twists i finally came live today. Its AMAZING!!! Applying it to my usual hit and run method i was able to take nine trades today for a total profit of 235 pips (370.2%) profit on my capital. lets see what tomorrow brings.
live proof at http://www.forexfactory.com/mofu.dnewbie
take...
As of today i am now up 603.3% from the 370.2% of yesterday. the ride was bumpy and treacherous. i had several longs underwater and had to resort to guerrilla warfare to break even and finally come out in profit. I'm gonna take a bath now to wash off the stench of battle. looking for one last trade though.
live proof at http://www.forexfactory.com/mofu.dnewbie
C.O.B.R.A FX - MENACE TO MY BROKER!!
  • #646,754
  • May 23, 2012 3:53pm May 23, 2012 3:53pm
Quoting mofu.Dnewbie
As of today i am now up 603.3% from the 370.2% of yesterday. the ride was bumpy and treacherous. i had several longs underwater and had to resort to guerrilla warfare to break even and finally come out in profit. I'm gonna take a bath now to wash off the stench of battle. looking for one last trade though.
live proof at http://www.forexfactory.com/mofu.dnewbie
Red color have something to do with your method? Try to write normally we are not blind.
  • #646,755
  • May 23, 2012 4:07pm May 23, 2012 4:07pm
Another idea, though for Aussie
Sorry for posting other charts in this thread, but personally I cannot follow many threads and trading many markets; though EURUSD is the main one.

Profitable pips to you all (or a nice bathe)
Attached Image (click to enlarge)
Click to Enlarge Name: au.png Size: 346 KB
  • #646,756
  • May 23, 2012 4:23pm May 23, 2012 4:23pm
Price Action seems to have rejected the 4-hr reversal. I think the price is gonna creep down over night. God Bless
  • #646,757
  • May 23, 2012 4:26pm May 23, 2012 4:26pm
having troubles posting pic..
Please d/l
Attached Image (click to enlarge)
Click to Enlarge Name: down.gif Size: 11 KB
  • #646,758
  • May 23, 2012 4:27pm May 23, 2012 4:27pm
ok it worked
  • #646,759
  • May 23, 2012 5:04pm May 23, 2012 5:04pm
Quoting Passerby
When most ppl think price will go down forever, that is the best indication price will turn. Everyone have their own way to trade. Institutions almost always buy when price going down. Price won't head one direction without correction. While on the longer period price seems could head lower, currently price at the channel extended from May 15 to May 18.

There is indication that the price will retest the 1.2560-1.2570 demand area and if it holds there is a possibility it will retest the supply area on the upper channel which coincidentally near...
Well said so ...
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #646,760
  • May 23, 2012 5:06pm May 23, 2012 5:06pm
"Asian Session SETUP SURVEY" ... 23h00 rollover close ...

###

"Asian Session SETUP SURVEY" ... preliminary rollover close version ...

###

TABLE with ZIGZAG + PIVOT SURVEY for the EUR/USD pair:


1.)


2012-05-23_23h00 - ZigZag + Pivot Survey _ EURUSD _ Rollover _ W-21 # A1 ss End Of Day


24 hour probabilities ...


###



This is an advanced skills ZIGZAG + PIVOT SURVEY for experienced traders and user circles of strategy development who are concerned with suitable methods of successfully trading by the use of appropriate strategies.

(UPDATE 23h00 CET) Ausblick:

This is what we have got to work with for the trading sessions ahead and the period remaining until the end of Thursday & Week No. 21 ...

Text and preliminary strategies as shown in the TABLE further hints will be (maybe) mentioned later ...





palim palim





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
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