Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

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

And found out my previsions were 100% correct.
I know this might happen a lot to all of you but I just started in forex 2 days ago, so Im very happy to have it right this fast and would like to share it with you.

That top right value was my opinion wrote when the euro was at .2332 this afternoon, the .2430 was what i thought it would be the daily closing value.

Good trading everyone

Edit: I wrote after a couple minutes the .2420 as a second option, that could might happen.
Attached Image (click to enlarge)
Click to Enlarge Name: AZxNW.jpg Size: 77 KB
I look quite a bit at the overarching fundamentals like 10 year bond yields of a nation.

With Greece they hit the magic 7% 10 year bond yield, and as a result the Eurozone went in to a bit of spin. Because at 7% typically nations cannot pay the money back that is owed, so they have to make wildly high promises 20% + for people to want to take the 10 year bond yield. Take a look at Greece's 10 year bond yield now it fluctuates wildly too. http://www.bloomberg.com/quote/GGGB10YR:IND

When the 10 year bond yields of Spain hit 7% the Eurozone is in major trouble. Spain is presently at 6.53% and on the rise, but has an economy more than double the size of Greece. Hence its impact would affect the whole Eurozone very significantly, but more importantly could lead to a flow on effect onto Italy as well. So if Spain goes the wrong way the Euro could undergo severe devaluation.
http://www.bloomberg.com/quote/GSPG10YR:IND
My understanding of candlesticks is limited compared to the lions share of traders on this forum however, I do have a question if someone could oblige:

I've noticed that on occasion a single bar will form, void of any body and at times, this will be the start of a trend reversal. Am I seeing something with significance?
Quoting KiNgEdwarD
ok boss and noted on my calender..all i made in 2 months gone in 2 hours,today was not a good day indeed for me...
Actuality, nfp is a nice way to make pips, not some pips, but much much of it, if we know the way,
Yesterday My equity up for 50% coz of gbp news and us nfp news.
Quoting jajano
Actuality, nfp is a nice way to make pips, not some pips, but much much of it, if we know the way,
Yesterday My equity up for 50% coz of gbp news and us nfp news.
nfp isn't for someone who started trading 3 months ago.
congrats on your 50% gain, but hope you were using proper mm.
Quoting Robert DeCuir
My understanding of candlesticks is limited compared to the lions share of traders on this forum however, I do have a question if someone could oblige:

I've noticed that on occasion a single bar will form, void of any body and at times, this will be the start of a trend reversal. Am I seeing something with significance?
candles alone will not tell you trend reversal. it can simply mean a small bounce.
Quoting iNUKE
And found out my previsions were 100% correct.
I know this might happen a lot to all of you but I just started in forex 2 days ago, so Im very happy to have it right this fast and would like to share it with you.

That top right value was my opinion wrote when the euro was at .2332 this afternoon, the .2430 was what i thought it would be the daily closing value.

Good trading everyone

Edit: I wrote after a couple minutes the .2420 as a second option, that could might happen.
The reason so may traders are attracted to predicting is because they hold out the appealing notion that you can know the market's future direction and therefore control your own trading destiny.

They project an appearance of certainty for the future. The predictions present an illusion of knowledge, which in turn presents an illusion of control.

These illusions lead to a surplus of optimism and confidence.

Looking forward to more of your "prevision & opinion trades" .... and I'm sure the market is too!

But be sure to post them well in advance of the price action !!!

If you trade like me, you'll be homeless and broke within a week.
TEXAS-2-STEP All Time Return: 18.9%
I am newbie near 3 months, I have couple sell orders on 1.2430, I don't know what to do now on Monday, I am stupid to play during NFP.

Quoting KiNgEdwarD
i am newbie ,just three months in trading
Quoting Ricky101
I am newbie near 3 months, I have couple sell orders on 1.2430, I don't know what to do now on Monday, I am stupid to play during NFP.
What kind of sell orders? Stop? Limit? Or are they open trades already?

What does your trading plan tell you to do?

......... what's that?

you don't have a plan?

You trade by Forex Factory EURUSD thread consensus?

Sure that will work

Attached Image (click to enlarge)
Click to Enlarge Name: have_plan.png Size: 284 KB
If you trade like me, you'll be homeless and broke within a week.
TEXAS-2-STEP All Time Return: 18.9%
Quoting Erebus
The reason so may traders are attracted to predicting is because they hold out the appealing notion that you can know the market's future direction and therefore control your own trading destiny.

They project an appearance of certainty for the future. The predictions present an illusion of knowledge, which in turn presents an illusion of control.

These illusions lead to a surplus of optimism and confidence.

Looking forward to more of your "prevision & opinion trades" .... and I'm sure the market is too!

But be...

very well put and true dat
Quoting pkimnyc
nfp isn't for someone who started trading 3 months ago.
congrats on your 50% gain, but hope you were using proper mm.
Not long after, we hear u says you have MC .

Well, to gain a 50% on a large account its betting within just 1 day .

Unless yours is a micro account with 0.1 bet normal trade. if u trades more than 2 lot per trade. 50% GL HF. unless ur rich.
Quoting 5percent
Not long after, we hear u says you have MC .

Well, to gain a 50% on a large account its betting within just 1 day .

Unless yours is a micro account with 0.1 bet normal trade. if u trades more than 2 lot per trade. 50% GL HF. unless ur rich.
lol. whatevas. you don't seem to get the point.
http://www.forexfactory.com/showthread.php?t=365608
Quoting Erebus
The reason so may traders are attracted to predicting is because they hold out the appealing notion that you can know the market's future direction and therefore control your own trading destiny.

They project an appearance of certainty for the future. The predictions present an illusion of knowledge, which in turn presents an illusion of control.

These illusions lead to a surplus of optimism and confidence.

Looking forward to more of your "prevision & opinion trades" .... and I'm sure the market is too!

But be sure to...

The words of Erubus should be read and understood intimately!!!

I have been on this and other forums for years. I have been actively trading live accounts profitably for at least 5 years now.

One thing I find annoying is the posters on this and other forums who keep declaring nothing but positive trades after the fact.

Listen closely you meat heads;

I for one, and I know there are others, don't want to be distracted by your bullshit posts!!!

That being said and for the benefit of the new ones to Forex, if you're able to provide quality analysis prior to your posting of your orders, then that's another story.

We're all here to share, learn and help in Forex but nonsense posts that only show us you made x amount of "green" pips after then fact makes you look like a dick head.

We all have loosing trades and by learning and understanding the psychological, emotional and financial ramifications will probably help you along the way more than anything else.

So, show your analysis prior to posting your trades, then after the fact when we can all see the result, we can engage in a positive debate about what was right and what was can be improved with the trade.

Have a great weekend

Dane
Quoting Dane
The words of Erubus should be read and understood intimately!!!

I have been on this and other forums for years. I have been actively trading live accounts profitably for at least 5 years now.

One thing I find annoying is the posters on this and other forums who keep declaring nothing but positive trades after the fact.

Listen closely you meat heads;

I for one, and I know there are others, don't want to be distracted by your bullshit posts!!!

That being said and for the benefit of the new ones to Forex, if you're able to provide...
Alternatives are more important than the plan itself
I have decided to leave my trade open on the EUR?JPY over the weekend. my broker does close on friday at 5 pm NY time. Is there anywhere I can see what price is doing over the weekend?
Quoting rosssurf
I have decided to leave my trade open on the EUR?JPY over the weekend. my broker does close on friday at 5 pm NY time. Is there anywhere I can see what price is doing over the weekend?
Yes you can check XE.com
Quoting rosssurf
I have decided to leave my trade open on the EUR?JPY over the weekend. my broker does close on friday at 5 pm NY time. Is there anywhere I can see what price is doing over the weekend?
what price does over weekend is not the concern......

it is the HUGE GAP that occurs on Monday opening that you need to be worried about!!!!

If you trade like me, you'll be homeless and broke within a week.
TEXAS-2-STEP All Time Return: 18.9%
What type of gap are you expecting?
Quoting lock.n.load
I look quite a bit at the overarching fundamentals like 10 year bond yields of a nation.

With Greece they hit the magic 7% 10 year bond yield, and as a result the Eurozone went in to a bit of spin. Because at 7% typically nations cannot pay the money back that is owed, so they have to make wildly high promises 20% + for people to want to take the 10 year bond yield. Take a look at Greece's 10 year bond yield now it fluctuates wildly too. http://www.bloomberg.com/quote/GGGB10YR:IND

When the 10 year bond yields of Spain hit 7% the...
I agree Long term eur still is bearish. The pair was due for a pull back so it can continue down. Just a matter of time. There aren't any fundamentals to back a eur rise.
59 traders viewing now