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Trading EURUSD only

  • #43,081
  • Apr 18, 2013 6:58am Apr 18, 2013 6:58am
Quoting goods
I'm out of my short man... never never never trade just based on someone's entry.
AMEN brother. Good advice. I learned that expensive lesson too when I was starting out.
Trade smaller than rational because the market is irrational...
  • #43,082
  • Apr 18, 2013 7:01am Apr 18, 2013 7:01am
Quoting EuroTraderJD
AMEN brother. Good advice. I learned that expensive lesson too when I was starting out.
Thanks bro it is. The problem is the setup is only 1/3 rd of the trading plan, you need to learn to manage and learn to exit but most people that trade based on someone elses posting wont know these things and the rational. It takes a lot of time to teach someone these items.

On that note when I saw 1.3029 I had to re-enter long hahaha... I have B/E sl, so now I hope to get this trade to be a swing till close of market Friday. I will for sure close it out on Friday as long as it remains open ....


Cheers time fore cafe.. anyone want some?
Know when to hold em, Know when to fold em!
  • #43,083
  • Apr 18, 2013 7:08am Apr 18, 2013 7:08am
Good job ET JD, keep that info coming and those pips green

Count me in for that 'cafe' goods (it is same as coffee right?)
Mind you, my first name is Bad. ..."Nunc Id Vides, Nunc Ne Vides"...
  • #43,084
  • Apr 18, 2013 7:09am Apr 18, 2013 7:09am
1.3000 expiration may attract

 

  1. Italy fails to elect president on first vote
  2. German opposition provided votes to approve Cyprus bailout
  3. Combined headlines see EUR/USD off 30 ticks
  4. 1.3070-75 stops prove to be the top. 200-HMA @1.3080 grows in importance
  5. Large 1.3000 expiries may start to draw price into their 15GMT cut off

Trade smaller than rational because the market is irrational...
  • #43,085
  • Apr 18, 2013 7:10am Apr 18, 2013 7:10am
Quoting sypherBG
Good job ET JD, keep that info coming and those pips green
Thanks brother I will most definately keep everyone in the loop as to what I am doing and the important news I am seeing.

I want us all to win
Trade smaller than rational because the market is irrational...
  • #43,086
  • Apr 18, 2013 7:13am Apr 18, 2013 7:13am
Quoting goods
Thanks bro it is. The problem is the setup is only 1/3 rd of the trading plan, you need to learn to manage and learn to exit but most people that trade based on someone elses posting wont know these things and the rational. It takes a lot of time to teach someone these items. On that note when I saw 1.3029 I had to re-enter long hahaha... I have B/E sl, so now I hope to get this trade to be a swing till close of market Friday. I will for sure close it out on Friday as long as it remains open .... Cheers time fore cafe.. anyone want some?
AMEN brother more words of wisdom
Trade smaller than rational because the market is irrational...
  • #43,087
  • Apr 18, 2013 7:14am Apr 18, 2013 7:14am
Quoting sypherBG
Good job ET JD, keep that info coming and those pips green Count me in for that 'cafe' goods (it is same as coffee right?)

One Cafe coming up.. hah yes it is Jamaican Blue Mountain Roast. Does that work?
Know when to hold em, Know when to fold em!
  • #43,088
  • Apr 18, 2013 7:18am Apr 18, 2013 7:18am
Quoting goods
One Cafe coming up.. hah yes it is Jamaican Blue Mountain Roast. Does that work?
Oh yea having mine now.... Then maybe that morning mother nature smoke....
Trade smaller than rational because the market is irrational...
  • #43,089
  • Apr 18, 2013 7:19am Apr 18, 2013 7:19am
Quoting EuroTraderJD
1.3000 expiration may attract Italy fails to elect president on first vote German opposition provided votes to approve Cyprus bailout Combined headlines see EUR/USD off 30 ticks 1.3070-75 stops prove to be the top. 200-HMA @1.3080 grows in importance Large 1.3000 expiries may start to draw price into their 15GMT cut off

Good job on the fundy's and news info. For what it is worth. Hopefully it is helping people understand what drives the market up and down intraday and can make pips off it.
Know when to hold em, Know when to fold em!
  • #43,090
  • Apr 18, 2013 7:23am Apr 18, 2013 7:23am
Job numbers are out at the bottom of the hour with a 350K reading expected.
Trade smaller than rational because the market is irrational...
  • #43,091
  • Apr 18, 2013 7:24am Apr 18, 2013 7:24am
Quoting goods
Good job on the fundy's and news info. For what it is worth. Hopefully it is helping people understand what drives the market up and down intraday and can make pips off it.
Thanks brother!

That is my goal having us all make pips and live to trade another day hopefully to retirement
Trade smaller than rational because the market is irrational...
  • #43,092
  • Apr 18, 2013 7:26am Apr 18, 2013 7:26am
Pipnography for us Pip Pervs


http://www.forexfactory.com/attachme...1&d=1366287974
Trade smaller than rational because the market is irrational...
  • #43,093
  • Apr 18, 2013 7:27am Apr 18, 2013 7:27am
Long @ 51
Trade smaller than rational because the market is irrational...
  • #43,094
  • Apr 18, 2013 7:29am Apr 18, 2013 7:29am
Quoting goods
One Cafe coming up.. hah yes it is Jamaican Blue Mountain Roast. Does that work?

Oh nice, I'm flat, drinking cafe, watching that basketball game EUR vs USD, I really support the EUR team, but to be realistic those guys from USD look like they are pro and will control the game at least to 1.28ish

Hot sip hot sip hot sip sh*t
Mind you, my first name is Bad. ..."Nunc Id Vides, Nunc Ne Vides"...
  • #43,095
  • Apr 18, 2013 7:31am Apr 18, 2013 7:31am
352 K job number
Trade smaller than rational because the market is irrational...
  • #43,096
  • Apr 18, 2013 7:33am Apr 18, 2013 7:33am
Quoting sypherBG
Oh nice, I'm flat, drinking cafe, watching that basketball game EUR vs USD, I really support the EUR team, but to be realistic those guys from USD look like they are pro and will control the game at least to 1.28ish Hot sip hot sip hot sip sh*t
The only thing we control are the Printer and the Bombs. sadly
Trade smaller than rational because the market is irrational...
  • #43,097
  • Apr 18, 2013 7:34am Apr 18, 2013 7:34am
With the Job number higher than anticipated. I don't think we'll be seing 1.28 today.


Quoting sypherBG
Oh nice, I'm flat, drinking cafe, watching that basketball game EUR vs USD, I really support the EUR team, but to be realistic those guys from USD look like they are pro and will control the game at least to 1.28ish Hot sip hot sip hot sip sh*t
  • #43,098
  • Apr 18, 2013 7:36am Apr 18, 2013 7:36am
Quoting Pilager
With the Job number higher than anticipated. I don't think we'll be seing 1.28 today.
Possibly but the number wasnt that much of expectations.

The things to watch for are manufacturing and Italian elecetions
Trade smaller than rational because the market is irrational...
  • #43,099
  • Apr 18, 2013 7:42am Apr 18, 2013 7:42am
Long @ 51 now +16 will exit when PA goes under 5 SMA and RSI3 under 50
Trade smaller than rational because the market is irrational...
  • #43,100
  • Apr 18, 2013 7:43am Apr 18, 2013 7:43am
EUR in supply zone here could have some resitiance
Trade smaller than rational because the market is irrational...
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