Trading EURUSD only | Page 401 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Eurusd-5m Trading Only 110 replies

LIVE Trades Only : EURUSD & GBPUSD 123 replies

Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies

Script to change EA to long only/ short only at a price level? 1 reply

Trading EURUSD Only EA - Back Test & Improvements 30 replies

Attachments: Trading EURUSD only
Exit Attachments

Trading EURUSD only

  • #8,001
  • Nov 4, 2012 8:53am Nov 4, 2012 8:53am
yes some MA s are fundumentally & commonly in use

like;
12
30
50
100
200
300
& derivatives.

when using those, trader get the clue & when he/she adds his/her experience it becomes a valid signal for trade.
agreed

Quoting shiko
I had long entry on gbp/jpy which I was bitching about on Friday. The one I closed... the entry was a bounce from ema. no DD whatsoever. pin bar formed on daily and price shot up 200 pips from my entry.
  • #8,002
  • Nov 4, 2012 8:54am Nov 4, 2012 8:54am
Quoting stevewalker
the issue with MA is
when using TL s there is not needed a period.
it comes with its own connections & creates its own period when created.

with MA s trader stuck in fix periods.

it all depends. when TL is clear it is one thing but when not it is a different thing. I am going to use s/r and TL's in you know what.... in one week. It works well there.
  • #8,003
  • Nov 4, 2012 8:55am Nov 4, 2012 8:55am
too deep.
I started to code from "0".
I can buy a ready tool but;
- is it coded correct?
- when coding % testing I learn every bit & piece of it
code & test & tst & code ..................... difficoult but it makes you learn

Quoting shiko
yes, not easy. i must have got something about EW's somewhere in my Books folder. But for me it looks like hopeless. Cannot get it. But it definitely works. a lot of things work. I cannot be into everything.
  • #8,004
  • Nov 4, 2012 8:57am Nov 4, 2012 8:57am
yes different tool combinations supports the signal

Quoting shiko
it all depends. when TL is clear it is one thing but when not it is a different thing. I am going to use s/r and TL's in you know what.... in one week. It works well there.
  • #8,005
  • Nov 4, 2012 9:02am Nov 4, 2012 9:02am
I cannot code but my gut feeling gets better and better. shorted oil from 87.05. targeted 85.00 I was pretty sure where they were going to run it. Unfortunately, I moved stop to lock some pips before NFP news. price shot up like proverbial rocket and killed my trade before

we just cannot predict it but it sure was stop hunting under cover of news.

Attached Image (click to enlarge)
Click to Enlarge Name: oil.JPG Size: 151 KB



Quoting stevewalker
too deep.
I started to code from "0".
I can but an ready tool but;
- it is coded correct
- when coding % testing I learn every bit & piece of it
code & test & tst & code ..................... difficoult but it makes you learn
  • #8,006
  • Nov 4, 2012 9:02am Nov 4, 2012 9:02am
here is a pdf document I got from Infınıtus about EW
Attached File(s)
File Type: pdf Prechter_R_-_The_Elliott_Waves_Principles_112p.pdf   2.2 MB | 334 downloads
  • #8,007
  • Nov 4, 2012 9:04am Nov 4, 2012 9:04am
when USD is getting stronger oil may get cheaper

Quoting shiko
I cannot code but my gut feeling gets better and better. shorted oil from 87.05. targeted 85.00 I was pretty sure where they were going to run it. Unfortunately, I moved stop to lock some pips before NFP news. price shot up like proverbial rocket and killed my trade before

we just cannot predict it but it sure was stop hunting under cover of news.

Attachment
  • #8,008
  • Nov 4, 2012 9:04am Nov 4, 2012 9:04am
SW, how to find out weekend price for e/u? Did any reference to me? Are u sure there will be no gap for e/u open?
1M & 5M scalper. 1Malaysia..
  • #8,009
  • Nov 4, 2012 9:04am Nov 4, 2012 9:04am
The best plan is to wait for s/r or TL being hit, wait for PA and only then enter trade. many break outs are false bear/bull traps like the one Friday s&p500 was which I used to go short.

Quoting stevewalker
yes different tool combinations supports the signal
  • #8,010
  • Nov 4, 2012 9:05am Nov 4, 2012 9:05am
Quoting AngelPips
SW, how to find out weekend price for e/u? Did any reference to me? Are u sure there will be no gap for e/u open?

Register with oanda and open demo account. They open 2 hours before other brokers.
  • #8,011
  • Nov 4, 2012 9:06am Nov 4, 2012 9:06am
& this I found from web.
there are buch of documents about EW on web
Attached File(s)
File Type: pdf elliott-waves.pdf   367 KB | 4,838 downloads
  • #8,012
  • Nov 4, 2012 9:06am Nov 4, 2012 9:06am
or read first page
there is a link for that

Quoting AngelPips
SW, how to find out weekend price for e/u? Did any reference to me? Are u sure there will be no gap for e/u open?
  • #8,013
  • Nov 4, 2012 9:07am Nov 4, 2012 9:07am
Hello my friends....how is the weekend treating you!!!
  • #8,014
  • Nov 4, 2012 9:08am Nov 4, 2012 9:08am
same as usual.
nothing specail

how about you?
Quoting 4xPIPAHOLIC
Hello my friends....how is the weekend treating you!!!
  • #8,015
  • Nov 4, 2012 9:12am Nov 4, 2012 9:12am
Quoting shiko
Excellent post man! I agree 99% except MA's which are not totally useless depending how to use them.
I actually use them. First thing people need to understand what MA's, EMA's and so forth are. Statistical averages...

I actually hope we are moving into down channel for e/u... and the further down the better! Where is my damn 1000 pips?
Yes agree....cause MA's the big boys trade of them......and that is the only reason..... especially the 50ma and over....but the 50ma they use it to add more money with the trend.....
  • #8,016
  • Nov 4, 2012 9:12am Nov 4, 2012 9:12am
Thanks booth of u. :-)
1M & 5M scalper. 1Malaysia..
  • #8,017
  • Nov 4, 2012 9:13am Nov 4, 2012 9:13am
Quoting stevewalker
same as usual.
nothing specail

how about you?
Nothing special.....I am waiting for the pullback....(it has to sooner or later...)lol...
  • #8,018
  • Nov 4, 2012 9:13am Nov 4, 2012 9:13am
any Q about Oanda, Shiko is the expert
Quoting AngelPips
Thanks booth of u. :-)
  • #8,019
  • Nov 4, 2012 9:14am Nov 4, 2012 9:14am
his 5th word is pullback (PB) he he

he is hot this week

Quoting 4xPIPAHOLIC
Nothing special.....I am waiting for the pullback....(it has to sooner or later...)lol...
  • #8,020
  • Nov 4, 2012 9:16am Nov 4, 2012 9:16am
Quoting 4xPIPAHOLIC
Yes agree....cause MA's the big boys trade of them......and that is the only reason..... especially the 50ma and over....but the 50ma they use it to add more money with the trend.....

pyramiding is what interests me the most. this is the only way plus pips to make spectacular returns. even with small hit rate pyramiding can do wonders.
it is opposite to adding to losing positions. it is how fortunes have been made.
3 traders viewing now