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EURUSD

  • #764,121
  • Feb 26, 2013 6:31am Feb 26, 2013 6:31am
Quoting MaxDoom
nice idea

seriously though some heads up on indicators.......

1) The default values are there for a reason - optimizing them will cause a curve fit to occur

2) Unless you understand the maths of an indicator, you cannot possibly understand what it is telling you: for example you know how to calculate a moving average right? 4 + 5 + 5 + 6 = 20 / 4 = 5 = the moving average with a period of 4 but do you know what an RSI is or a Stochastic? if you don't then how can you know what to do with them?

3) Most indicators only give useful information...
you are really looks like my dad
he told me exactly like what you said
but in my opinion, indicators still important for some ways...indicators= super weapons, if you khow how to use it for your trading system..
  • #764,122
  • Feb 26, 2013 6:31am Feb 26, 2013 6:31am
Quoting math_GB
Careful with that short, watching the PA for a possible rejection if not will run the longs otherwise close
i dont see short here for now ;]
looking for investors . pm me
  • #764,123
  • Feb 26, 2013 6:34am Feb 26, 2013 6:34am
Quoting math_GB
Careful with that short, watching the PA for a possible rejection if not will run the longs otherwise close
better to closed long here bro

will see
looking for investors . pm me
  • #764,124
  • Feb 26, 2013 6:35am Feb 26, 2013 6:35am
Quoting kbmoonshinex
better to closed long here bro

will see
Below 120.35, I may attempt a short now, otherwise no way....

EDIT: Closed EJs @120.65
  • #764,125
  • Feb 26, 2013 6:37am Feb 26, 2013 6:37am
lets see.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy2.gif Size: 40 KB
looking for investors . pm me
  • #764,126
  • Feb 26, 2013 6:39am Feb 26, 2013 6:39am
i am still long for now on eu. TP 1.3140
Maximizing your potentials!
  • #764,127
  • Feb 26, 2013 6:40am Feb 26, 2013 6:40am
I never had the believe that fx could make so much fun to me +63 now. An excellent number for me
  • #764,128
  • Feb 26, 2013 6:42am Feb 26, 2013 6:42am
still no indication yet...

Below is EURJPY 1hr chart... see the closing and squeezing of top and bottom bollinger...

Explosion of pussy orgams may be coming...

Ready the condoms... i mean umbrella...... i mean... finger for fingering... i mean... finger for clicking... ah damn... u knw what i mean..



Attached Image (click to enlarge)
Click to Enlarge Name: kk.JPG Size: 123 KB
  • #764,129
  • Feb 26, 2013 6:43am Feb 26, 2013 6:43am
support at 1.3 should be tested
  • #764,130
  • Feb 26, 2013 6:46am Feb 26, 2013 6:46am
My morning

School boy errors, trying to juggle a busy job and trading. Can't wait for the gym tonight, a lot of stress needs busting
  • #764,131
  • Feb 26, 2013 6:48am Feb 26, 2013 6:48am
Summary:

Short => Price needs to break through 120.35...not a ton of resistance below that apart from the round level and the area around 119.75
Long => Price needs to break through 121.00...unless you're a short term scalper (which I'm not)

In short, we're in a bit of limbo at the moment. Wouldn't be surprised to see price eventually creeps up to 123.15 which is around the 62 retracement level (daily chart) of the last larger swing.

Staying out for now because I'm not scalping shorter than M15 timeframes, and I hate trading while we're "in the cloud"
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY 26 Feb.jpg Size: 221 KB
  • #764,132
  • Feb 26, 2013 6:48am Feb 26, 2013 6:48am
3108 and 3111 are important for E/U, 92.09 for U/J and recent high for E/J at 120.80 should be breached all toghether in order to proceed nicely higher..
69
  • #764,133
  • Feb 26, 2013 6:48am Feb 26, 2013 6:48am
Quoting math_GB
I don't want any law suits of "sexual assault" mate, I can't afford it and hence no secretary
Might also put an end to watching Sarah.
  • #764,134
  • Feb 26, 2013 6:49am Feb 26, 2013 6:49am
Quoting kbmoonshinex
lets see.
Bastard...! Well done again!!!
  • #764,135
  • Feb 26, 2013 6:53am Feb 26, 2013 6:53am
Quoting 4exNinja
Summary:

Short => Price needs to break through 120.35...not a ton of resistance below that apart from the round level and the area around 119.75
Long => Price needs to break through 121.00...unless you're a short term scalper (which I'm not)

In short, we're in a bit of limbo at the moment. Wouldn't be surprised to see price eventually creeps up to 123.15 which is around the 62 retracement level (daily chart) of the last larger swing.

Staying out for now because I'm not scalping shorter than M15 timeframes, and I hate trading while we're...


4exNinja...

i see many beautiful colors...
  • #764,136
  • Feb 26, 2013 6:53am Feb 26, 2013 6:53am
Quoting stellahead
Might also put an end to watching Sarah.
I will never stop watching her
  • #764,137
  • Feb 26, 2013 7:00am Feb 26, 2013 7:00am
Quoting Blacknightz
4exNinja...

i see many beautiful colors...
Hehehe, yeah. I hardly use the bottom indicator, it's a combo indicator that tells me things are "slowing down" if it turns gray. The one above is a momentum indicator who kept me out of bad trades numerous time and the only one I really look at is Trix. I use Trix slightly differently on depending on timeframes. On the M15 I tend to prefer shorts if both the slow and fast are red and crossing the 0.00000 line, the reverse is true for longs. On higher timeframes you don't have to wait for the slow one. Don't have the time to explain what Trix is or how it's calculated, you can find that online. Keep in mind I use those indicators only as confirmation

The key things I pay attention to are fractal support/resistance, Fibonacci once in a while, and that Ichimoku cloud...and price levels of course. The one thing I like is the "Coral", which is similar to a 60 period smoothed moving average...gives me a general trend direction. Often price will cross it but I will wait until the cloud breaks too to have a bit of confirmation. Keep in mind I'm mostly after longer trades of 50pips+, not the 20pip stuff.

The whole thing definitely works better during trending markets...but it still works during ranging markets as long as you drop down in timeframes. I almost never trade below M15 though because I can't babysit trades well during work hours
  • #764,138
  • Feb 26, 2013 7:01am Feb 26, 2013 7:01am
Short @120.58 SL 120.70 scalp TP anywhere below 120.00s
  • #764,139
  • Feb 26, 2013 7:01am Feb 26, 2013 7:01am
Quoting math_GB
I will never stop watching her
BE now bro, just dont wanna loose my 10 pips. cos i see here can be a trap. lets see
looking for investors . pm me
  • #764,140
  • Feb 26, 2013 7:02am Feb 26, 2013 7:02am
Quoting KiNgEdwarD
what's your view on EU?

long time since I saw you around


I have not re-looked at eu today but I posted some numbers yesterday that should give an idea. I am off for the day shortly so no time to look now.
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