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EURUSD

  • #681,021
  • Aug 16, 2012 7:01pm Aug 16, 2012 7:01pm
28% up in 2 days and 3 trades...

http://www.forexfactory.com/showthread.php?t=379157
No place for mistakes
  • #681,022
  • Aug 16, 2012 7:04pm Aug 16, 2012 7:04pm
Quoting ptetech
guys I have question and would like to learn this thing from you

i know this may seem silly but i really need to learn it

my chart is showing me that pivot is 2327 if i sell 2358 is it for sure that market will come at pivot is it neccessary every day that market should reach its pivot no matter what happens or market can just keep on running away on the one direction of pivot please answer

Guys please answer
  • #681,023
  • Aug 16, 2012 7:05pm Aug 16, 2012 7:05pm
Quoting Soldier
28% up in 2 days and 3 trades...

http://www.forexfactory.com/showthread.php?t=379157
That's not sustainable.. especially when you're talking real money. If I'm wrong here you'll probably buy the Earth in a year or so..
  • #681,024
  • Aug 16, 2012 7:08pm Aug 16, 2012 7:08pm
Quoting ptetech
Guys please answer
Nothing is for sure. Price will do what it will do.

Big azz font size is shouting.
  • #681,025
  • Aug 16, 2012 7:09pm Aug 16, 2012 7:09pm
Quoting ptetech
Guys please answer
The answer is no.
  • #681,026
  • Aug 16, 2012 7:10pm Aug 16, 2012 7:10pm
Quoting SunTrader
Nothing is for sure. Price will do what it will do.

Big azz font size is shouting.
ok thanks i will not do that again
  • #681,027
  • Aug 16, 2012 7:24pm Aug 16, 2012 7:24pm
Quoting ptetech
guys I have question and would like to learn this thing from you

i know this may seem silly but i really need to learn it

my chart is showing me that pivot is 2327 if i sell 2358 is it for sure that market will come at pivot is it neccessary every day that market should reach its pivot no matter what happens or market can just keep on running away on the one direction of pivot please answer
Which pivot are you talking about? There's a daily pivot, weekly, and monthly pivot. Then there's the historical pivot of this pair. 1.2130 Put a horizontal line at that price and see how price reacted to it. Look at larger time frames with pivots, then work your way down to the lower time frames. Kind of like pivots within pivots.
Time turns trend. - W.D. Gann
  • #681,028
  • Aug 16, 2012 7:28pm Aug 16, 2012 7:28pm
Quoting ForExtraPips
Which pivot are you talking about? There's a daily pivot, weekly, and monthly pivot. Then there's the historical pivot of this pair. 1.2130 Put a horizontal line at that price and see how price reacted to it. Look at larger time frames with pivots, then work your way down to the lower time frames. Kind of like pivots within pivots.
i m talking about daily?
  • #681,029
  • Aug 16, 2012 8:10pm Aug 16, 2012 8:10pm
price continue ranging...
but if the w complete in 4h we may head towards 1.2450 or 1.25...

hmmmmmmmm USDX daily shows further drop in the dollar....
Patience, Emotion Control and Discipline.
  • #681,030
  • Aug 16, 2012 8:15pm Aug 16, 2012 8:15pm
Quoting johncen
price continue ranging...
but if the w complete in 4h we may head towards 1.2450 or 1.25...

hmmmmmmmm USDX daily shows further drop in the dollar....

noh, some one nailed it , specially Cable 3 pip left and right
Mohan
  • #681,031
  • Aug 16, 2012 8:17pm Aug 16, 2012 8:17pm
Quoting ForExtraPips
Which pivot are you talking about? There's a daily pivot, weekly, and monthly pivot. Then there's the historical pivot of this pair. 1.2130 Put a horizontal line at that price and see how price reacted to it. Look at larger time frames with pivots, then work your way down to the lower time frames. Kind of like pivots within pivots.
It doesn't matter if he's talking about 10 second pivots. Price does not ever have to return to any pivot. As someone so eloquently and accurately put it before, price will do what price does... regardless of a line you draw on your chart.
Every time you use 'hopium' in a post, God kills a kitten.
  • #681,032
  • Aug 16, 2012 8:18pm Aug 16, 2012 8:18pm
I love how the Euro (the currency in danger of existing) is being bought over Asia the whole week while everything else is sold off lol Just because retailers are short!!
  • #681,033
  • Aug 16, 2012 8:26pm Aug 16, 2012 8:26pm
Quoting sidhujag
I love how the Euro (the currency in danger of existing) is being bought over Asia the whole week while everything else is sold off lol Just because retailers are short!!
did they bought ? , looks Asia was side lined whole this week ,
Mohan
  • #681,034
  • Aug 16, 2012 8:27pm Aug 16, 2012 8:27pm
Quoting mohan76
noh, some one nailed it , specially Cable 3 pip left and right
is going to be a bear day today, kiwi looking nice setup, waiting last asian to print will check in then
If you are new to Forex? Say Goodbye to your account!!
  • #681,035
  • Aug 16, 2012 8:30pm Aug 16, 2012 8:30pm
Quoting profxtrader
It doesn't matter if he's talking about 10 second pivots. Price does not ever have to return to any pivot. As someone so eloquently and accurately put it before, price will do what price does... regardless of a line you draw on your chart.
Never said it "had" to. I was just making a point that "when" it does, watch how price reacts to it. Good strategy to use when planning your trades. I should have added that basing a strategy on pivots, hitting sell, expecting price to go down to it, if currently above it, after a new daily high, is a bad trading idea. When that trader has no idea where the weekly and monthly pivot is currently at. Larger picture. That's all.
Time turns trend. - W.D. Gann
  • #681,036
  • Aug 16, 2012 8:30pm Aug 16, 2012 8:30pm
Quoting attila
The answer is no.
  • #681,037
  • Aug 16, 2012 8:36pm Aug 16, 2012 8:36pm
Pending longs right in the middle of Wednesday's Asia/London overlapping openning ranges...
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  • #681,038
  • Aug 16, 2012 8:38pm Aug 16, 2012 8:38pm
Quoting KiwiTrada
is going to be a bear day today, kiwi looking nice setup, waiting last asian to print will check in then
my london close went -12 pip i have set tp to be fore go back to bed as i don't wont see underwater trade on morning but it couldn't make it still -3 pip

ps : i am expecting to close just above 1.58 (1.5700 should well support her)
Mohan
  • #681,039
  • Aug 16, 2012 8:42pm Aug 16, 2012 8:42pm
Quoting ptetech
Guys please answer
I will answer your question if you tell me, without searching the net, who was Karl Marx .
The Thief of Wall Street
  • #681,040
  • Aug 16, 2012 8:44pm Aug 16, 2012 8:44pm
Quoting Chicky
I will answer your question if you tell me, without searching the net, who was Karl Marx .
I dont know boss
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