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Trading EURUSD only

  • #4,881
  • Oct 25, 2012 7:45am Oct 25, 2012 7:45am
Quoting keradk
where's stevewalker in the times like this?
I think he posted appointment.

He would want us to pip on without him.

He welcomes thoughtful trade setups, even in his absence.
"My 2 cents"
  • #4,882
  • Oct 25, 2012 7:47am Oct 25, 2012 7:47am
I ended trading account that matter after the first trade and instead went to demo.
made 4 more trades. -6, -13, +1 and +35 with first +25 pips is about 40 pips today. Must practice. But now I am done for today. I remember I was told that usually the first good trade is the best and often traders later give moeny back to the market. Plus too much efforts for too little gain most of the time. Consistency is better.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 5 min.JPG Size: 157 KB
  • #4,883
  • Oct 25, 2012 7:48am Oct 25, 2012 7:48am
Quoting shiko
Thank you Stimulus. I will Were you participating in equity multipede thread?
No sir. Not familiar. If you have link i will see if it interests me, while i wait for euro to swirl, flush needs more water. Darn those high efficiency tanks (draghi, OMT, bailouts).
"My 2 cents"
  • #4,884
  • Oct 25, 2012 7:52am Oct 25, 2012 7:52am
Quoting shiko
I ended trading account that matter after the first trade and instead went to demo.
made 4 more trades. -6, -13, +1 and +35 with first +25 pips is about 40 pips today. Must practice. But now I am done for today. I remember I was told that usually the first good trade is the best and often traders later give moeny back to the market. Plus too much efforts for too little gain most of the time. Consistency is better.

Attachment
I did the exact thing earlier this week. Made big pips one trade, now i have squandered half on small stops overtrading. I have reduced trade size by 1/2 since im up.
"My 2 cents"
  • #4,885
  • Oct 25, 2012 7:55am Oct 25, 2012 7:55am
word of advice, don't be too eager to start a position, sometimes you can wait for a better opportunity.

My advice for today is eur/usd up, and if the 15:00 indicator of home sales is positive then sp500 up dax up and eur/usd up
  • #4,886
  • Oct 25, 2012 8:01am Oct 25, 2012 8:01am
Quoting Farrusco
word of advice, don't be too eager to start a position, sometimes you can wait for a better opportunity.

My advice for today is eur/usd up, and if the 15:00 indicator of home sales is positive then sp500 up dax up and eur/usd up
Risk on. Got it. Thanks Farrusco.

Do you have trade setup for it? Post.
"My 2 cents"
  • #4,887
  • Oct 25, 2012 8:05am Oct 25, 2012 8:05am
Quoting morob
Keep eye on this trendline on 1h TF
take profit on 1.3003
  • #4,888
  • Oct 25, 2012 8:12am Oct 25, 2012 8:12am
Quoting sam14985
take profit on 1.3003
Thats a valid Desecnding trend Line. I am shorting from it, not buying up to it. LH, LLs in effect.
"My 2 cents"
  • #4,889
  • Oct 25, 2012 8:18am Oct 25, 2012 8:18am
Quoting sam14985
take profit on 1.3003

Good to hear that

Now 1.296x must hold for bulls if not it can give mor power to the bears
Attached Image (click to enlarge)
Click to Enlarge Name: yy.jpg Size: 86 KB
  • #4,890
  • Oct 25, 2012 8:20am Oct 25, 2012 8:20am
mysmart is a jerk my trailing stop did not open ash**d long 1.29834 and touch high 1.30216 trailing stops 300 pips its shloud be open my SL profit and already done. but in here it's keeps running
  • #4,891
  • Oct 25, 2012 8:21am Oct 25, 2012 8:21am
GM everyone.....hope you racking some pips....
  • #4,892
  • Oct 25, 2012 8:27am Oct 25, 2012 8:27am
Quoting 4xPIPAHOLIC
GM everyone.....hope you racking some pips....
heya, took a sell from weekly pivot, still valid.

http://www.forexfactory.com/showthre...28#post6132128
"My 2 cents"
  • #4,893
  • Oct 25, 2012 8:28am Oct 25, 2012 8:28am
Quoting morob
Good to hear that

Now 1.296x must hold for bulls if not it can give mor power to the bears
I likeee. More bears.

4hr look on your lines.
Attached Image (click to enlarge)
Click to Enlarge Name: Descending 4hr Line.png Size: 58 KB
"My 2 cents"
  • #4,894
  • Oct 25, 2012 8:37am Oct 25, 2012 8:37am
Quoting Stimulus
I likeee. More bears.

4hr look on your lines.
Wow I like that chart More bear food
  • #4,895
  • Oct 25, 2012 8:39am Oct 25, 2012 8:39am
just arrived the location

happy pips to you
  • #4,896
  • Oct 25, 2012 8:40am Oct 25, 2012 8:40am
Quoting stevewalker
just arrived the location

happy pips to you

"Norm!"


Cheers fans, where u at?
"My 2 cents"
  • #4,897
  • Oct 25, 2012 8:42am Oct 25, 2012 8:42am
Quoting wiseambition
Wow I like that chart More bear food
Enjoy the backside, i do.

Wait that didnt sound right.
Attached Image (click to enlarge)
Click to Enlarge Name: 15m backside.png Size: 54 KB
"My 2 cents"
  • #4,898
  • Oct 25, 2012 8:43am Oct 25, 2012 8:43am
Quoting Stimulus
heya, took a sell from weekly pivot, still valid.

http://www.forexfactory.com/showthre...28#post6132128
Nice....really nice.....
  • #4,899
  • Oct 25, 2012 8:46am Oct 25, 2012 8:46am
The 4H looks really weak.....
  • #4,900
  • Oct 25, 2012 8:50am Oct 25, 2012 8:50am
Quoting 4xPIPAHOLIC
The 4H looks really weak.....
yes that chart has been my focus for some time.

1.30 is pivot for bull bear trades on my part.
"My 2 cents"
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