EURUSD | Page 39233 | 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

  • #784,641
  • Apr 8, 2013 8:41am Apr 8, 2013 8:41am
Some Portugal talk lately.. It might be the next hot spot..
  • #784,642
  • Apr 8, 2013 8:41am Apr 8, 2013 8:41am
I literally hate clocks. Why cant people just be using ZULU time? And whats the deal with that stupid daylight timesaving shift. Thanks to this job, I have completely broken daily routine. I go to sleep whenever Mr. Market allows me and keep on waking up in middle of night, checking charts. This insanity lasts for like three weeks, untill trend finally goes in my directiond an BE is like 400 pips below. Then I can finally have rest for a few weeks. Hope this pair will finally shoot up, or I get insane. I think I will need to be awake for like two more weeks though. It wont be easy to go north.
"I know one thing, that I know nothing." Sokrates
  • #784,643
  • Apr 8, 2013 8:44am Apr 8, 2013 8:44am
Quoting Tom_D_Trader
I literally hate clocks. Why cant people just be using ZULU time? And whats the deal with that stupid daylight timesaving shift. Thanks to this job, I have completely broken daily routine. I go to sleep whenever Mr. Market allows me and keep on waking up in middle of night, checking charts. This insanity lasts for like three weeks, untill trend finally goes in my directiond an BE is like 400 pips below. Then I can finally have rest for a few weeks. Hope this pair will finally shoot up, or I get insane. I think I will need to be awake for like two...

As of now, I don't think it'll go higher than 3100 (from TA stand point) before heading lower.. We'll see what happens..
  • #784,644
  • Apr 8, 2013 8:46am Apr 8, 2013 8:46am
Quoting attila
That being said, If someone asks me exactly how I trade I would not be able to put together a bullet point.. Some may say it's bad.. I don't know.. I do look a several different things to agree with one another.. TL, session high/lows, PA and the cherry on the cake is the time of day.. So that's pretty much it.
i've always paid attention to your posts when i'm here and remember (a little over a year ago) being surprised when you said one day that you didn't see the usefulness of TL's.

what changed your mind?
  • #784,645
  • Apr 8, 2013 8:48am Apr 8, 2013 8:48am
Quoting Tom_D_Trader
I literally hate clocks. Why cant people just be using ZULU time? And whats the deal with that stupid daylight timesaving shift. Thanks to this job, I have completely broken daily routine. I go to sleep whenever Mr. Market allows me and keep on waking up in middle of night, checking charts. This insanity lasts for like three weeks, untill trend finally goes in my directiond an BE is like 400 pips below. Then I can finally have rest for a few weeks. Hope this pair will finally shoot up, or I get insane. I think I will need to be awake for like two...
Use SUN DIAL
  • #784,646
  • Apr 8, 2013 8:50am Apr 8, 2013 8:50am
Quoting attila
As of now, I don't think it'll go higher than 3100 (from TA stand point) before heading lower.. We'll see what happens..
Well yea, thats is the first spot for correction. If we aint able to break above ,31, it will be a confirmation of major downtrend and sub ,2666 will follow. What I am hoping is no crisis will emerge till we get there . If there is no crisis in Europe, EUR can and very possibly will be slowly gaining strength as ECB still doesnt print. Well, maybe they enhance monetary base a bit but nothing comparable to FED or BOJ. What I am hoping now, is BOJ free cash + swaps with ECB will hold European banking sector afloat for a while, so we actually may have some time to gain bullish momentum and wont be disturbed by another crisis. As you´ve said, we´ll see.
"I know one thing, that I know nothing." Sokrates
  • #784,647
  • Apr 8, 2013 8:52am Apr 8, 2013 8:52am
Quoting Tom_D_Trader
I literally hate clocks. Why cant people just be using ZULU time? And whats the deal with that stupid daylight timesaving shift. Thanks to this job, I have completely broken daily routine. I go to sleep whenever Mr. Market allows me and keep on waking up in middle of night, checking charts. This insanity lasts for like three weeks, untill trend finally goes in my directiond an BE is like 400 pips below. Then I can finally have rest for a few weeks. Hope this pair will finally shoot up, or I get insane. I think I will need to be awake for...
Because at noon, it would literally be daytime in some parts of the world while it would be night time in others.

Daylight savings is stupid, I agree. It's a relic from a bygone era.
Not all sins are created equal
  • #784,648
  • Apr 8, 2013 8:53am Apr 8, 2013 8:53am
Quoting 1candlepower
i've always paid attention to your posts when i'm here and remember (a little over a year ago) being surprised when you said one day that you didn't see the usefulness of TL's. what changed your mind?

Indeed. You are correct.. I did more reading about them and If you draw them correctly (as correct that might be), there is one little feature they have.. you can fade the third touch, sometimes the forth.. Also the main ones (that everybody can see) are often back tested after a break out.. I am no authority in TL but this guy is.. There is actually a wealth of excellent information there.. He was here at the farm some time ago..

nobrainertrades.com
  • #784,649
  • Apr 8, 2013 8:54am Apr 8, 2013 8:54am
Quoting attila
Some Portugal talk lately.. It might be the next hot spot..
I'll have to duct tape my hat again?
Not all sins are created equal
  • #784,650
  • Apr 8, 2013 8:55am Apr 8, 2013 8:55am
Btw, the funny thing is, that if Europe is without crisis, EUR is gaining strength, preventing Europe to return to growth via export, resulting in contraction and another crisis. Kinda funny, but seems we are locked in debt spiral. Who would have thought? Anyway, thanks to this, the upside potential for EUR is very limited. If EUR is too strong, Southern Europe wont be competitive and here we are right where we started.
"I know one thing, that I know nothing." Sokrates
  • #784,651
  • Apr 8, 2013 8:58am Apr 8, 2013 8:58am
Quoting Jay Walker
Because at noon,
I dont have noon, nor morning, nor evening. I have only Sydney, Tokyo, Frankfurt, London and New York
"I know one thing, that I know nothing." Sokrates
  • #784,652
  • Apr 8, 2013 9:00am Apr 8, 2013 9:00am
Quoting attila
Indeed. You are correct.. I did more reading about them and If you draw them correctly (as correct that might be), there is one little feature they have.. you can fade the third touch, sometimes the forth.. Also the main ones (that everybody can see) are often back tested after a break out.. I am no authority in TL but this guy is.. There is actually a wealth of excellent information there.. He was here at the farm some time ago.. nobrainertrades.com
nobrainer looks like interesting site . thx
  • #784,653
  • Apr 8, 2013 9:00am Apr 8, 2013 9:00am
Quoting 1candlepower
i've always paid attention to your posts when i'm here and remember (a little over a year ago) being surprised when you said one day that you didn't see the usefulness of TL's. what changed your mind?
To me TL's are useless..
COT: The precious data ignored
  • #784,654
  • Apr 8, 2013 9:00am Apr 8, 2013 9:00am
Behold my MS Paint skills: The skull marks the spot where going to the pub beats trading
Attached Image (click to enlarge)
Click to Enlarge Name: skull.jpg Size: 89 KB
  • #784,655
  • Apr 8, 2013 9:01am Apr 8, 2013 9:01am
Quoting Tom_D_Trader
Btw, the funny thing is, that if Europe is without crisis, EUR is gaining strength, preventing Europe to return to growth via export, resulting in contraction and another crisis. Kinda funny, but seems we are locked in debt spiral. Who would have thought? Anyway, thanks to this, the upside potential for EUR is very limited. If EUR is too strong, Southern Europe wont be competitive and here we are right where we started.

I have zero understanding as to why the Euro is anywhere near to 1.30 considering its entry price when formed. You are correct in that all it seems to need is a period that is relatively settled (in comparison) to appreciate again.

Im sure the FED have plans to keep a lid on it considering their inability to grow the GDP anywhere near where they would like.


Holding shorts and will do for the duration needed to see this back below 1.266
Money never sleeps...
  • #784,656
  • Apr 8, 2013 9:04am Apr 8, 2013 9:04am
Quoting 4exNinja
Behold my MS Paint skills: The skull marks the spot where going to the pub beats trading {image}

Attached Image (click to enlarge)
Click to Enlarge Name: skull.jpg Size: 89 KB

Amazing skill and very talented! Did you learn that from Thailand?
  • #784,657
  • Apr 8, 2013 9:06am Apr 8, 2013 9:06am
Quoting kuroro001
To me TL's are useless..
ooooookay.
  • #784,658
  • Apr 8, 2013 9:08am Apr 8, 2013 9:08am
Quoting Ken A
Amazing skill and very talented! Did you learn that from Thailand?
It's just one of the skills I picked up there. I can now eat spicy papaya salad without dying, cope with warm Chang beers, haggle with vendors like a pro, deal with a "hose" instead of toilet paper and I'm also pretty decent at warding off random monkeys trying to steal my stuff. Admittedly I'm still not an expert when it comes to the last point.

The thing I'm most proud of is being able to ride a scooter no matter what state I'm in...without crashing!

PS: My new avatar is one of the monkeys I failed to ward off. The thing in its mouth is part of my sunglasses...smug bastard was mocking me!
  • #784,659
  • Apr 8, 2013 9:08am Apr 8, 2013 9:08am
Quoting Tom_D_Trader
I dont have noon, nor morning, nor evening. I have only Sydney, Tokyo, Frankfurt, London and New York
Well. You are aware that there are about 7 billion people that have another definition of time.

People living on the west coast of North America (GMT -8), they would start working at 16:00 or 17:00. They would have lunch at 20:00.

That's where it's problematic.
Not all sins are created equal
  • #784,660
  • Apr 8, 2013 9:13am Apr 8, 2013 9:13am
Quoting Jay Walker
Well. You are aware that there are about 7 billion people that have another definition of time. People living on the west coast of North America (GMT -8), they would start working at 16:00 or 17:00. They would have lunch at 20:00. That's where it's problematic.
You are confusing him
492 traders viewing now, 1 is registered:
Honeyblaze