EURUSD | Page 34296 | 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

  • #685,901
  • Aug 29, 2012 2:58pm Aug 29, 2012 2:58pm
Quoting attila
Either way, best looking women over there. You have no idea how lucky you guys are.. LOL.
yes...we know that.the best beautifull women around the world!!!
  • #685,902
  • Aug 29, 2012 3:00pm Aug 29, 2012 3:00pm
Quoting attila
1/4 ungur but I don't speak Hungarian.
You probably left when you were young and are not very comfortable speaking romanian either I see.
  • #685,903
  • Aug 29, 2012 3:00pm Aug 29, 2012 3:00pm
Quoting catalin1987
yes...we know that.the best beautifull women around the world!!!
While I lived there, I couldn't see them.. Beautiful women all around was just normal.. Now I know the difference.
  • #685,904
  • Aug 29, 2012 3:03pm Aug 29, 2012 3:03pm
i'm out.see you tomorow morning.
  • #685,905
  • Aug 29, 2012 3:03pm Aug 29, 2012 3:03pm
Quoting SpacyTrader
You probably left when you were young and are not very comfortable speaking romanian either I see.
Not very young, but we're on an american site.. I'm fine either way.. Only when it comes to trading technical language, I do have some difficulty.
  • #685,906
  • Aug 29, 2012 3:07pm Aug 29, 2012 3:07pm
come on guys ! we make some money in this final hour?
  • #685,907
  • Aug 29, 2012 3:11pm Aug 29, 2012 3:11pm
NY time is dead these days
  • #685,908
  • Aug 29, 2012 3:14pm Aug 29, 2012 3:14pm
Quoting am-draci
come on guys ! we make some money in this final hour?
We have a range inside a range. It usually swings both ways first just to make everybody miserable..

Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 89 KB
  • #685,909
  • Aug 29, 2012 3:17pm Aug 29, 2012 3:17pm
Quoting attila
Not very young, but we're on an american site.. I'm fine either way.. Only when it comes to trading technical language, I do have some difficulty.
How long did it take you to become consistently profitable ? I think I just put the finishing touches on my system. (thought that a couple times this year already but now I really think this is it) It's a long term mechanical one which is why you don't see me posting daytrading positions around here.

You seem to do it with levels and I'm guessing you're more or less a discretionary trader ? I don't think that would fit my personality very well. I didnt really set out to make a long term system but that's what I came out with somehow lol. Problem is its like watching paint dry: right now I'm sitting on a short from 1.2535 from last Friday as it whipsaws around.

I got two accounts: one with proper mm and another with batshit crazy mm from which I intend to move part of the profit each month into the main account. With such long term positions it's hard to increase a smallish account fast and to win forex contests to gain extra capital it's hard with so few signals each month.

I recently signed up for currensee, hopefully get recruited as a signal provider, I'd get 15% commission. Hopefully that will help me raise more funds. So that's basically where I am in my trading journey.
  • #685,910
  • Aug 29, 2012 3:34pm Aug 29, 2012 3:34pm
It took me some years and I was lucky to have traded for a year with one of the best (sadly he passed away). He had a pretty hard method to digest. I'm not using it, but the underpinning principles I learned were critical.. You hear me talking a lot about the TFs interaction. That's one of the most important thing I've learned from him.... That's how I build the flow charts I've been posting lately, and there were some charts early today dealing with that issue when we were stuck up above...

Everyone has to develop his own method.. I think I'm pretty close to the way cloggie trades, but I'm more of a scalper than he is... I'm an opportunist trader. If I see a set up I like, I take the trade.. The levels I'm posting here are used for guidance, I'm not actually trading them, although I could...

When it comes to the math. one doesn't need to make a lot of pips.. Think of it this way.. 10 pips/day compounded 1% for a year can easily solve the small account problem.. Trick is consistency. Consistency can always be compounded. If you think about it, 10 pips a day is not that big of a deal after all..

Quoting SpacyTrader
How long did it take you to become consistently profitable ? I think I just put the finishing touches on my system. (thought that a couple times this year already but now I really think this is it) It's a long term mechanical one which is why you don't see me posting daytrading positions around here.

You seem to do it with levels and I'm guessing you're more or less a discretionary trader ? I don't think that would fit my personality very well. I didnt really set out to make a long term system but that's what I came out with somehow lol. Problem...
  • #685,911
  • Aug 29, 2012 3:37pm Aug 29, 2012 3:37pm
Oh boy , on the one hour tf it doesn't look good for long at all - long time i haven't seen this pattern
"It's the Margin, Stupid."
  • #685,912
  • Aug 29, 2012 3:44pm Aug 29, 2012 3:44pm
Quoting Vachus
Oh boy , on the one hour tf it doesn't look good for long at all - long time i haven't seen this pattern
friday should bring it back up
  • #685,913
  • Aug 29, 2012 3:44pm Aug 29, 2012 3:44pm
Quoting Vachus
Oh boy , on the one hour tf it doesn't look good for long at all - long time i haven't seen this pattern
so now you think it can go further below 1.2500 before reaching 1.2580?
  • #685,914
  • Aug 29, 2012 3:47pm Aug 29, 2012 3:47pm
Quoting attila
It took me some years and I was lucky to have traded for a year with one of the best (sadly he passed away). He had a pretty hard method to digest. I'm not using it, but the underpinning principles I learned were critical.. You hear me talking a lot about the TFs interaction. That's one of the most important thing I've learned from him.... That's how I build the flow charts I've been posting lately, and there were some charts early today dealing with that issue when we were stuck up above...

Everyone has to develop his own method.. I think I'm...
Yeah I know, but I generally get 2 or 3 signals per month with a potential to get a few hundred pips each- 2,3,5 hundred. And the entries sometimes are not terribly accurate. After my latests tweaks I guess I could reduce the SL from 200 to 100 but I'm reluctant since I get so few signals that I don't want to give myself losses. And with that kind of SL and so few signals compounding works very slowly.

Adding more pairs doesn't seem terribly feasible either since the pairs are so well correlated that what won't work on one pair probably won't work on the others either. So that doesn't work to spread my risk.
  • #685,915
  • Aug 29, 2012 3:49pm Aug 29, 2012 3:49pm
The daily seems bad too. I see some kind of "double top" on the chart. So maybe we can count on a little downward movement. Perhaps it's to brave thing to say, but maybe we will see the 1,23xx area again in midterm.
Bear the bull's consequence...
  • #685,916
  • Aug 29, 2012 3:53pm Aug 29, 2012 3:53pm
Quoting Bice
The daily seems bad too. I see some kind of "double top" on the chart. So maybe we can count on a little downward movement. Perhaps it's to brave thing to say, but maybe we will see the 1,23xx area again in midterm.
That or lower is what I'm hoping for with my short from last friday.
  • #685,917
  • Aug 29, 2012 3:53pm Aug 29, 2012 3:53pm
Hmm... that makes it a little difficult, I agree.. Forex is extremely wild with moves out of the blue.. This may not be the best for you. Can you trade other slower markets that would make for smaller stops? I found s&p very forgiving (I'm not trading it, but entertaining the idea). There might be others, but with so few set ups, maybe forex is not right for your system..
Quoting SpacyTrader
Yeah I know, but I generally get 2 or 3 signals per month with a potential to get a few hundred pips each- 2,3,5 hundred. And the entries sometimes are not terribly accurate. After my latests tweaks I guess I could reduce the SL from 200 to 100 but I'm reluctant since I get so few signals that I don't want to give myself losses. And with that kind of SL and so few signals compounding works very slowly.

Adding more pairs doesn't seem terribly feasible either since the pairs are so well correlated that what won't work on one pair probably won't...
  • #685,918
  • Aug 29, 2012 3:58pm Aug 29, 2012 3:58pm
Quoting forex_J
so now you think it can go further below 1.2500 before reaching 1.2580?
Well, going further below is valid - but not that low to reach 1.24000. If tomorrow it reached that , i will be really surprised. I still see it will reach 1.25850 before going to 1.24 ... But i could be wrong ! I'm thinking about taking a small short with TP at 1.24950 - as i see its the next station not matter what , but 1.24950 will open all the way till 1.24550 , which can make it more critically as Main long setup start from : 1.24000 and end at 1.24950 !

if i was witnessing it falling down from 1.24950 , and 1.24850 - what will come in someone's mind is let's wait till it reached 1.24420 and long from there ...

i admit , i didn't see that one coming
"It's the Margin, Stupid."
  • #685,919
  • Aug 29, 2012 4:01pm Aug 29, 2012 4:01pm
Quoting attila
They were there for all to see..

Attachment
Good morning all. Market has not moved much.

Attila, I would enter here, data without pippette would help better define the breaking point.
Attached Image (click to enlarge)
Click to Enlarge Name: attila.png Size: 217 KB
"Men who can both be right and sit tight are uncommon."
  • #685,920
  • Aug 29, 2012 4:02pm Aug 29, 2012 4:02pm
Quoting Vachus
Well, going further below is valid - but not that low to reach 1.24000. If tomorrow it reached that , i will be really surprised. I still see it will reach 1.25850 before going to 1.24 ... But i could be wrong !
I still dont get why people are shorting euro :|
Long all the way to 1.27xx by friday we'll be there
451 traders viewing now