EURUSD | Page 34538 | 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

  • #690,741
  • Sep 11, 2012 8:45pm Sep 11, 2012 8:45pm
Quoting Mike8
Interesting.

I guess it is easier to do with smaller accounts. I think with big accounts mr Emotion has got something to say about it. But I will look at it ...It is always good to keep your ear on the ground.
As you mentioned. To me you are more bias with a larger account. So I rather aim to make 60 to 900 usd and quit trading. 3 losses in a row and I retire for the day. I also withdraw all profits every 2 days, in order to trade forex as live income, instead of a pretty account with a whole bunch of numbers. Its never profit unless you withdraw it.
He who guess is LOST!
  • #690,742
  • Sep 11, 2012 8:51pm Sep 11, 2012 8:51pm
Quoting StopGuessing
As you mentioned. To me you are more bias with a larger account. So I rather aim to make 60 to 900 usd and quit trading. 3 losses in a row and I retire for the day. I also withdraw all profits every 2 days, in order to trade forex as live income, instead of a pretty account with a whole bunch of numbers. Its never profit unless you withdraw it.
Make sense to me, Where can I find the guy videos? Can you send me a link?
"Men who can both be right and sit tight are uncommon."
  • #690,743
  • Sep 11, 2012 9:00pm Sep 11, 2012 9:00pm
Quoting Mike8
The problem with mt4 is that if you draw a line in a bigger TF then you have to adjust in the smaller TF, because if I do not (connecting the peak and the tough in the smaller tf) they will not mach.

Here is my 4h tf and seem has not crossed it yet.

Do you find this a problem as well? Anyone?
yes it is bro....trend line look different in different tf...sometimes confuse me...

AU above yesterday high...
now all ladies above my bear zone..maybe they want higher...

eu I am looking at 72 84 maybe..
Patience, Emotion Control and Discipline.
  • #690,744
  • Sep 11, 2012 9:07pm Sep 11, 2012 9:07pm
Quoting Mike8
Make sense to me, Where can I find the guy videos? Can you send me a link?
I only have that link saved in my Favs. Just do a search for 400% profit in forex. It will show up. See you guys at london premarket. Time to zzzzzz
He who guess is LOST!
  • #690,745
  • Sep 11, 2012 9:10pm Sep 11, 2012 9:10pm
Quoting Mike8
The problem with mt4 is that if you draw a line in a bigger TF then you have to adjust in the smaller TF, because if I do not (connecting the peak and the tough in the smaller tf) they will not mach.

Here is my 4h tf and seem has not crossed it yet.

Do you find this a problem as well? Anyone?
you have to keep separate chart for each TF
Mohan
  • #690,746
  • Sep 11, 2012 9:10pm Sep 11, 2012 9:10pm
Quoting johncen
yes it is bro....trend line look different in different tf...sometimes confuse me...

AU above yesterday high...
now all ladies above my bear zone..maybe they want higher...
Seems like, myself I would wait, the Germans decision will have an impact on all the markets I think.

Regarding the TL, do it as I said if you like, I think it is the more reliable way: After your draw them on the bigger TF, go down adjust them and lock them.

Off to do thinks around the house. See you at Frankie (sound like a wine bar).
"Men who can both be right and sit tight are uncommon."
  • #690,747
  • Sep 11, 2012 9:11pm Sep 11, 2012 9:11pm
Quoting mohan76
you have to keep separate chart for each TF
I see, I do not like that. Because I will not be able to draw a weekly TL on the 4h tf.
"Men who can both be right and sit tight are uncommon."
  • #690,748
  • Sep 11, 2012 9:13pm Sep 11, 2012 9:13pm
Quoting johncen
yes it is bro....trend line look different in different tf...sometimes confuse me...

AU above yesterday high...
now all ladies above my bear zone..maybe they want higher...

eu I am looking at 72 84 maybe..
yes them all above looks like waiting longer for me
just checked swissy will see reaction 9269, will help decide other girls

is actually rather exciting watching, but getting squashed fingers
If you are new to Forex? Say Goodbye to your account!!
  • #690,749
  • Sep 11, 2012 9:18pm Sep 11, 2012 9:18pm
Quoting Mike8
I see, I do not like that. Because I will not be able to draw a weekly TL on the 4h tf.
otherwise it want work , some time it differ more than 100 pip

i have 1m,5m,15,30,1h,4h (2 chart),d,wm chart for au/eu/GB

edit , i have separate mt4 client for each pair chart and trading on different mt4 client
Attached Image (click to enlarge)
Click to Enlarge Name: mt4.png Size: 61 KB
Mohan
  • #690,750
  • Sep 11, 2012 9:27pm Sep 11, 2012 9:27pm
Quoting mohan76
you have to keep separate chart for each TF
need multiple screens
If you are new to Forex? Say Goodbye to your account!!
  • #690,751
  • Sep 11, 2012 9:32pm Sep 11, 2012 9:32pm
Quoting KiwiTrada
need multiple screens
i have all 3 activated now , only problem some time it hard to find the mouse

(i don't think i can handle more )
Attached Image (click to enlarge)
Click to Enlarge Name: mt4.jpg Size: 114 KB
Mohan
  • #690,752
  • Sep 11, 2012 9:36pm Sep 11, 2012 9:36pm
Quoting KiwiTrada
part of your post is incorrect and slightly egotistical
market "needs buyers and sellers"
when pa go up, buyer rewarded, down seller rewarded, 'BUT" buyer and seller can be rewared depending on timeframe and trade plan.

Buyer has been doing well, and when it go down seller will do well, this is forex

Even to wait for confirmation for sell, exactly what timeframe you talking about, 1hr 4hr day week ???? each one has different criteria
so for now congrate short term buyer, congrate long term seller, blah blah
Sorry, I don't mean to sound egotistical. David Rodriguez often points out that most retail traders (me, you probably most that will ever read this forum) are wrong most of the time. that is most ppl loose money trading forex. and all of the brokers' analysis i've been looking at has shown us(retail traders) to be selling throughout this rally over the past 6 weeks or so.

good luck to us all! I hope everyone makes some money here.
  • #690,753
  • Sep 11, 2012 9:41pm Sep 11, 2012 9:41pm
Quoting notoriouskfb
Sorry, I don't mean to sound egotistical. David Rodriguez often points out that most retail traders (me, you probably most that will ever read this forum) are wrong most of the time. that is most ppl loose money trading forex. and all of the brokers' analysis i've been looking at has shown us(retail traders) to be selling throughout this rally over the past 6 weeks or so.

good luck to us all! I hope everyone makes some money here.
lesson 1 in Forex , don't follow anyone any one call, make your own decition based on information you have if you are wrong your s/l will protect your account

Most retailer fail due to poor money management
Mohan
  • #690,754
  • Sep 11, 2012 9:55pm Sep 11, 2012 9:55pm
Quoting mohan76
otherwise it want work , some time it differ more than 100 pip

i have 1m,5m,15,30,1h,4h (2 chart),d,wm chart for au/eu/GB

edit , i have separate mt4 client for each pair chart and trading on different mt4 client
LOL.

You see, most of my trades are based on bigger TF TL, But I will enter only in the smaller TF, so what is important that the peaks and tough are aligned in the TF that I enter, if that TL that I have aligned in the TF I enter goes out of whack on the bigger TF, it will not matter.

I cannot do it using drawing TL's of different TF because the TL drawn in the weekly is not possible to draw on the 4H tf.
"Men who can both be right and sit tight are uncommon."
  • #690,755
  • Sep 11, 2012 9:59pm Sep 11, 2012 9:59pm
I am trading for two years. But, i have found out a very serious mistake made by me. there is i enter a trade when there is no signal. any suggestion or comment to remedies this problem?
  • #690,756
  • Sep 11, 2012 10:01pm Sep 11, 2012 10:01pm
Quoting mohan76
lesson 1 in Forex , don't follow anyone any one call, make your own decition based on information you have if you are wrong your s/l will protect your account

Most retailer fail due to poor money management
Mohan, I agree with what your saying but - if you have enough time on this board, you get to know who is trading similar instruments (ie....you and Kiwi trade AUD). While I may not necessarily take a trade, or even take the same trade in the same direction, its good to get another set of eyes to at least say ' xyz is moving'. Its hard to keep track of all the pairs, harder still to trade them. But it helps when you have the extra eyes to at least alert you to a potential trade.


Just my 2 cents.
  • #690,757
  • Sep 11, 2012 10:04pm Sep 11, 2012 10:04pm
Quoting weisiong00
I am trading for two years. But, i have found out a very serious mistake made by me. there is i enter a trade when there is no signal. any suggestion or comment to remedies this problem?
Never chase price. Let price come to you.
Time turns trend. - W.D. Gann
  • #690,758
  • Sep 11, 2012 10:05pm Sep 11, 2012 10:05pm
Quoting weisiong00
I am trading for two years. But, i have found out a very serious mistake made by me. there is i enter a trade when there is no signal. any suggestion or comment to remedies this problem?
At first blush - all I can say is - identify what is a true signal first.

Head over to James16 thread - that's a good starting point for seeing some sample trade setups.
  • #690,759
  • Sep 11, 2012 10:08pm Sep 11, 2012 10:08pm
Quoting almo
Mohan, I agree with what your saying but - if you have enough time on this board, you get to know who is trading similar instruments (ie....you and Kiwi trade AUD). While I may not necessarily take a trade, or even take the same trade in the same direction, its good to get another set of eyes to at least say ' xyz is moving'. Its hard to keep track of all the pairs, harder still to trade them. But it helps when you have the extra eyes to at least alert you to a potential trade.


Just my 2 cents.
usually i take long trade and kiwi take Short trade , but when i read kiwi's post i feel more confident, his bearish view will take care of my weakness & point i have missed
Mohan
  • #690,760
  • Sep 11, 2012 10:13pm Sep 11, 2012 10:13pm
Quoting notoriouskfb
Sorry, I don't mean to sound egotistical. David Rodriguez often points out that most retail traders (me, you probably most that will ever read this forum) are wrong most of the time. that is most ppl loose money trading forex. and all of the brokers' analysis i've been looking at has shown us(retail traders) to be selling throughout this rally over the past 6 weeks or so.

good luck to us all! I hope everyone makes some money here.
no worries bro, and you right, I use wrong word actually dont think I even spelt it right
My point was that buyer and seller can make green pip irrespective of direction, and yes I am wolf, not shepard or flock, I am free to decide when I hunt, often I am contrary to flock direction / sentiment

But when pa is go my way I enjoy, i never disrespect bull who is harvesting red pip, everyone turn "will" come, If you pull up daily , the may sell off was absolutely brutal to bull, this bounce has not been as brutal, so effectively the bears have less damage so far this year.

I am patient and waiting for triggers, of bear gathering, sell offs are always more violent and brutal, than rallies, is why I enjoy be seller

Green pips to you bro
If you are new to Forex? Say Goodbye to your account!!
641 traders viewing now, 1 is registered:
Novarec