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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

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EURUSD

1h 200 ema still not for short, if 1h close bellow 200 ema. than it is safe to short now. other wise 1.2360-70 was the good area.
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just live a life, don't be hard.
Quoting Vachus
Why people think that this trend is going down ? I really don't understand that , i mean any technical analysis behind it or speculation ? In any case - why people are shorting ? based on what ?

Long also is a risk , but at least you can clearly see an up channel and new highs has been reached today - still, it could drop or flatten , but the position is based on something
based on momentum shift, along with few other things here and there.
Quoting Vachus
Why people think that this trend is going down ? I really don't understand that , i mean any technical analysis behind it or speculation ? In any case - why people are shorting ? based on what ?

Long also is a risk , but at least you can clearly see an up channel and new highs has been reached today - still, it could drop or flatten , but the position is based on something
I don't know man.. The trend can be many different ways.. I try not to bother with that.. just watching my little horizontal lines.. If it breaks one, and it's not a fake, I go to the next one, and close there.. If it's a fake I'll take the loss and go the other way.. Try to keep it simple and not build too much bias..
Quoting attila
I don't know man.. The trend can be many different ways.. I try not to bother with that.. just watching my little horizontal lines.. If it breaks one, and it's not a fake, I go to the next one, and close there.. If it's a fake I'll take the loss and go the other way.. Try to keep it simple and not build too much bias..
For all with/without trend do yourself a favor. Draw 3 lines on your H4 chart 2450, 2349 and 2259 and you've got yourself a range to trade without wondering about the trend.
Quoting AllyB
now that I finally found out, how to do it... yiha.
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Quoting mohan76
May i know What is ES ? this ES bugging for long time ,i guess some equity index but i could find it
lol mate... the ES is the E-mini S&P 500 futures. Is probably the most important benchmark not only for Equities but for all markets across the world.

My 2 cents, is that any serious trader (or aspiring trader) must have it in the screens if not for trading at least as random reference in the background (via charts or simply as ref in Bloomberg TV, Cnbc or even yahoo finance news) as what the markets is doing or how is reacting to some moves/news, etc.....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
Quoting attila
current range is 2354/2328 with 2362 as another res. up above. These numbers might decide the move of the day..
If you remember this...

Now we've got ourselves another smaller one 2327 and 2316 just below the other one.. Same play, simple.

And all these sit inside the H4 one..
Quoting almo
.....
Suntrader - specifically for you - I don't deal with TF's anymore.
Oh boy, GL with that.

Time (and timing) is everything.
Quoting sisse
lol mate... the ES is the E-mini S&P 500 futures. Is probably the most important benchmark not only for Equities but for all markets across the world.

My 2 cents, is that any serious trader (or aspiring trader) must have it in the screens if not for trading at least as random reference in the background (via charts or simply as ref in Bloomberg TV, Cnbc or even yahoo finance news) as what the markets is doing or how is reacting to some moves/news, etc.....

sisse
i do use DAx & s&p 500, now i know what is ES

Thank you for you detail reply
Mohan
Quoting SunTrader
Oh boy, GL with that.
Don't need luck. Chart is telling everyone what is happenning.


One question - did you ever use Gann Swing charts?
Quoting Mr Hatch
now that I finally found out, how to do it... yiha.
another tool for your trader toolbox
hi vachus,
Quoting Vachus
Why people think that this trend is going down ? I really don't understand that , i mean any technical analysis behind it or speculation ? In any case - why people are shorting ? based on what ?

Long also is a risk , but at least you can clearly see an up channel and new highs has been reached today - still, it could drop or flatten , but the position is based on something
I think its going down because it broke the uptrend channel on the H1 and retested it. Couldn't break back...Also WP and DP are broken...retest as of now...but it seems the bulls are out of air...

Finish of the Bear & Bull Picknick...Bear gained new strength with the news and break of the uptrend support channel...down we go...

but I'm only an apprentice...

happy trading,

NeoTrader
The only thing really clear IMO is that in this level is a clear long with a SL below 1.2315. and a Sell Stop place in that level.
Anybody agree???? Great risk-reward ratio
Quoting mohan76
i do use DAx & s&p 500, now i know what is ES

Thank you for you detail reply
NP ... the cash S&P and Dji reference will be more than ok if it is just for tracking but you may lost all the info before NY open.

Sometimes Asia and Europe will rule the markets but almost 80% of the key news/reports also take place outside of the open so ES is better for tracking how is the NY session going to open/close (very important the close) and how is it going during the US session (for intraday info)...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
Quoting Vachus
Why people think that this trend is going down ? ......
Seriously?

Put a 10 period SMA on a chart from M1 to upto at least H1 but even on a daily basis. OK so H4, which a lot of traders use here, is a little debatable. BTW I don't use SMA's, I use other techniques. It is just a suggestion.

Otherwise there is no question which way the trend is heading as well as accelerating.
i am long again at 1.2325 with Sl 1.2315 and placed a sell stop at 1.2315
Quoting almo
....
One question - did you ever use Gann Swing charts?
I know of them but no I haven't used them.
waiting on a break either way. will hedge this one for fun.
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Quoting SunTrader
I know of them but no I haven't used them.
ok...just curious. I remember there was an Aussie that wrote a free program to create them, but its not compatible with MT4.

Unfortunately, I no longer can find the link
Quoting sisse
NP ... the cash S&P and Dji reference will be more than ok if it is just for tracking but you may lost all the info before NY open.

Sometimes Asia and Europe will rule the markets but almost 80% of the key news/reports also take place outside of the open so ES is better for tracking how is the NY session going to open/close (very important the close) and how is it going during the US session (for intraday info)...

sisse
thanks again sisse for the valuable information , i will keep eye on it
Mohan
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