EURUSD | Page 34120 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

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

  • #682,381
  • Aug 21, 2012 8:02am Aug 21, 2012 8:02am
Euro Profit target is 1.2550/1.2600, for this to happen want to see a solid close above 1.2440, and being aware of choppy summer trading.

Todays entries long are @ 1.2353
  • #682,382
  • Aug 21, 2012 8:03am Aug 21, 2012 8:03am
Quoting Mike8
Please do not use this word in trading.
You are right but today something is really odd. Oil and gold have pushed up, euro has hit the roof...

My analysis is pointing that euro has been higher as it should be. So I'm betting on short.
  • #682,383
  • Aug 21, 2012 8:03am Aug 21, 2012 8:03am
Here another one. (technical one.......)
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 64 KB
"Men who can both be right and sit tight are uncommon."
  • #682,384
  • Aug 21, 2012 8:04am Aug 21, 2012 8:04am
Quoting Tadej89
You are right but today something is really odd. Oil and gold have pushed up, euro has hit the roof...

My analysis is pointing that euro has been higher as it should be. So I'm betting on short.
Sounds better my friend.
"Men who can both be right and sit tight are uncommon."
  • #682,385
  • Aug 21, 2012 8:12am Aug 21, 2012 8:12am
I'm looking for a retracement back to 2440, then 2424.
  • #682,386
  • Aug 21, 2012 8:13am Aug 21, 2012 8:13am
ruined by gold today..long is open from 1628
Sometimes it's better to be wrong,to learn..
  • #682,387
  • Aug 21, 2012 8:15am Aug 21, 2012 8:15am
Quoting KiNgEdwarD
ruined by gold today..long is open from 1628
Watch the 1641.50 area. Want to see a strong daily close above.
  • #682,388
  • Aug 21, 2012 8:16am Aug 21, 2012 8:16am
Quoting JackintheBox
I know what you are talking about but extremes sometimes tend to new extremes. Never use extremes as extremes, always add a bit...

Me good, only countertrade. No problem But yes it'S tough today, really tough. 3-5 times a year.

NOW big short 2459, first postion from me.
who's still with me ?? Nice day for me, although that market behaviour. That's good. I will survive.
  • #682,389
  • Aug 21, 2012 8:21am Aug 21, 2012 8:21am
It's pathetic when stop hunting occur on extreme overbuy/sell condition.
Price comes into directionless. After break resistance/support also happening sometimes. disgusting
You cannot learn better without losing
  • #682,390
  • Aug 21, 2012 8:21am Aug 21, 2012 8:21am
Quoting JackintheBox
who's still with me ?? Nice day for me, although that market behaviour. That's good. I will survive.

I am a newbie.i have a small account($1000).I have no knowledge of candle sticks.I have been trading for 5 months with average 60% a month.I do not use sl my lot size is 0.01.I put multiple orders.Right now I am short(between 1.2400-1.2450).As market moves down,I will book my profit and replace each short by long..
  • #682,391
  • Aug 21, 2012 8:23am Aug 21, 2012 8:23am
... there's more room to the upside if price wants it.
Attached Image (click to enlarge)
Click to Enlarge Name: eu4.jpg Size: 247 KB
  • #682,392
  • Aug 21, 2012 8:24am Aug 21, 2012 8:24am
Quoting India_Trader
I am a newbie.
Quoting India_Trader
average 60% a month.

"Men who can both be right and sit tight are uncommon."
  • #682,393
  • Aug 21, 2012 8:27am Aug 21, 2012 8:27am
Quoting Mike8

I also have a smaller high risk account aswell.Initial balance was $100.Now Its $417 in one month.floating loss $30
  • #682,394
  • Aug 21, 2012 8:29am Aug 21, 2012 8:29am
Quoting India_Trader
I am a newbie.i have a small account($1000).I have no knowledge of candle sticks.I have been trading for 5 months with average 60% a month.I do not use sl my lot size is 0.01.I put multiple orders.Right now I am short(between 1.2400-1.2450).As market moves down,I will book my profit and replace each short by long..
Been trading since 92 and am extremely happy with .05 to 1% compounding per day.

60% per month is awesome. Perhaps you could share your method some more?
  • #682,395
  • Aug 21, 2012 8:29am Aug 21, 2012 8:29am
first target 1.24770... (+100% of London's openning range)
Attached Image (click to enlarge)
Click to Enlarge Name: eu30a.jpg Size: 199 KB
  • #682,396
  • Aug 21, 2012 8:30am Aug 21, 2012 8:30am
Quoting India_Trader
I also have a smaller high risk account aswell.Initial balance was $100.Now Its $417 in one month.floating loss $30
I am happy for you. Just keep your feet on the ground.

60% average a month is a lot of money, few people can do (if) that constantly.
"Men who can both be right and sit tight are uncommon."
  • #682,397
  • Aug 21, 2012 8:31am Aug 21, 2012 8:31am
Clearly it is not time to short yet.

Just some position adjustment in related crosses and (correlative) pairs.

What is needed for shorting is a spike to test 1.25 and then risk-free selling.
They think they are smarter than I am.
  • #682,398
  • Aug 21, 2012 8:35am Aug 21, 2012 8:35am
Man is the price and lake is support line;D

Inserted Video
  • #682,399
  • Aug 21, 2012 8:36am Aug 21, 2012 8:36am
Quoting pjpipster
Been trading since 92 and am extremely happy with .05 to 1% compounding per day.

60% per month is awesome. Perhaps you could share your method some more?
As I told I dnt use any indicators.Just see the chart and analyse long or short for week.I prefer long on euro usd as in recent months it has been falling.And swap is positive for longs.Although I am shorting at moment,I have 10 longs floating with trailing stop from (1.2320-1.2360).I never ever close an order manually.It is closed by trailing stop(in profit 95% times).

And my sl is always in my mind(500 pips) means $50 each position
  • #682,400
  • Aug 21, 2012 8:37am Aug 21, 2012 8:37am
Quoting JackintheBox
who's still with me ?? Nice day for me, although that market behaviour. That's good. I will survive.
first 59, grabbed more at 72... happy pippin.
511 traders viewing now