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Trading EURUSD only

  • #3,721
  • Oct 22, 2012 9:57am Oct 22, 2012 9:57am
Quoting stevewalker
prcie actually following 15M LC @ 3053 if it breaks it down we may see more lows
Thanks Steve,

Thats why i like this thread. I can follow what your saying. Consistent.
Acronyms:
SL : Stop Loss
TP : Take Profit
CH : Channel
UC : Upper Channel
LC : Lower Channel
TL : Trend Line
DG : Diagonal
HR : Horizantal
VR : Vertical
FB : Fibo
HS : Shoulder Head Shoulder
FL : Floating
OCO : Order Close Order
MFE: The Maximum Favorable Excursion is a term used to measure how much a trade moves in your favor, from your Entry.
MAE: The Maximum Adverse Excursion is a term used to measure how much a trade moves against you, from your Entry.

TY : Thank You
NP : No Problem
YW : You’re Welcome
MKT : Market
ATM : At The Moment
FOT : Finger On Trigger ( Finger on Close button )
SOH : Sitting On Hands
IMO : In My Opinion
IMHO : In My Honest Opinion
POSS : Possible
BTDTR : Better Trades Down The Road
"My 2 cents"
  • #3,722
  • Oct 22, 2012 10:01am Oct 22, 2012 10:01am
by the way....I hope you all understand that MA's mean Moving Averages....I know that is basic but mentioning it cause I did not find it in the list and some newbies might not know yet....
  • #3,723
  • Oct 22, 2012 10:01am Oct 22, 2012 10:01am
Yes Sir

we try to do our best

if you would like to add more please let me know.

or if there are wrong ones we can correct

we are here to trade

there are bunch of threads out there that traders are fighting each others



Quoting Stimulus
Thanks Steve,

Thats why i like this thread. I can follow what your saying. Consistent.
Acronyms:
SL : Stop Loss
TP : Take Profit
CH : Channel
UC : Upper Channel
LC : Lower Channel
TL : Trend Line
DG : Diagonal
HR : Horizantal
VR : Vertical
FB : Fibo
HS : Shoulder Head Shoulder
FL : Floating
OCO : Order Close Order
MFE: The Maximum Favorable Excursion is a term used to measure how much a trade moves in your favor, from your Entry.
MAE: The Maximum Adverse Excursion is a term used to measure how much a trade moves against...
  • #3,724
  • Oct 22, 2012 10:02am Oct 22, 2012 10:02am
wil be added

Quoting 4xPIPAHOLIC
by the way....I hope you all understand that MA's mean Moving Averages....I know that is basic but mentioning it cause I did not find it in the list and some newbies might not know yet....
  • #3,725
  • Oct 22, 2012 10:04am Oct 22, 2012 10:04am
Quoting stevewalker
wil be added
  • #3,726
  • Oct 22, 2012 10:04am Oct 22, 2012 10:04am
May look to re-enter long around the 3050 area, provided it gets that low, if not, the 3064 area will be my support..
  • #3,727
  • Oct 22, 2012 10:05am Oct 22, 2012 10:05am
MA : Moving Average

added

Quoting 4xPIPAHOLIC
  • #3,728
  • Oct 22, 2012 10:07am Oct 22, 2012 10:07am
Quoting stevewalker
MA : Moving Average

added
  • #3,729
  • Oct 22, 2012 10:08am Oct 22, 2012 10:08am
bouncing over 15M Diagonal 3067
lets see if ti can complete that

Quoting stevewalker
it is trading 15M chart
  • #3,730
  • Oct 22, 2012 10:12am Oct 22, 2012 10:12am
Cheeky short with a H&S on the 1min...for a quick 20pips...
Attached Image (click to enlarge)
Click to Enlarge Name: 1moct sept 2012.gif Size: 46 KB
Those that say do not know. Those that know do not say.
  • #3,731
  • Oct 22, 2012 10:12am Oct 22, 2012 10:12am
watchin :nerd:
3054/57

Quoting stevewalker
bouncing over 15M Diagonal 3067
lets see if ti can complete that
  • #3,732
  • Oct 22, 2012 10:14am Oct 22, 2012 10:14am
OPEN THE GATES!!!! Let the bulls in!!! Common...
  • #3,733
  • Oct 22, 2012 10:15am Oct 22, 2012 10:15am
Quoting stevewalker
watchin :nerd:
3054/57
BE level..
Those that say do not know. Those that know do not say.
  • #3,734
  • Oct 22, 2012 10:15am Oct 22, 2012 10:15am
good luck
with my experience 20 pips is quite big target for 1M chart


Quoting ohenry
Cheeky short with a H&S on the 1min...for a quick 20pips...
  • #3,735
  • Oct 22, 2012 10:16am Oct 22, 2012 10:16am
Spain brother you should go to Spain
Quoting 4xPIPAHOLIC
OPEN THE GATES!!!! Let the bulls in!!! Common...
  • #3,736
  • Oct 22, 2012 10:16am Oct 22, 2012 10:16am
Quoting stevewalker
watchin :nerd:
3054/57
Same.
"My 2 cents"
  • #3,737
  • Oct 22, 2012 10:17am Oct 22, 2012 10:17am
Quoting stevewalker
good luck
with my experience 20 pips is quite big target for 1M chart
Just keep the stop tight...if the momentum's there she'll deliver..
Those that say do not know. Those that know do not say.
  • #3,738
  • Oct 22, 2012 10:17am Oct 22, 2012 10:17am
Quoting stevewalker
Spain brother you should go to Spain
I have been there .....I was the biggest bull there....
  • #3,739
  • Oct 22, 2012 10:18am Oct 22, 2012 10:18am
it may this time but average bar body for 1M chart is ~2 pips.

20 pip is huge target for that chart.

accept it just as an info

Quoting ohenry
Just keep the stop tight...if the momentum's there she'll deliver..
  • #3,740
  • Oct 22, 2012 10:19am Oct 22, 2012 10:19am
Quoting 4xPIPAHOLIC
OPEN THE GATES!!!! Let the bulls in!!! Common...
Not yet. 57 could be the magic number.Also mentioned by steve. If thats broken then 41-44 should be the numbers to watch.If that's broken we all may watch the bulls through the window and play poker with bears
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