ECB cuts rate only 25bps. I am long eurusd from 1.31800.....
Evaluator.:nerd:
UPDATE. Closed on whipsaw +1
Evaluator.:nerd:
UPDATE. Closed on whipsaw +1
- #17,221
- Edited 7:41am May 2, 2013 7:08am | Edited 7:41am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
- #17,222
- May 2, 2013 8:57am May 2, 2013 8:57am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Draghi kills EURO rally with answer of he is open to further 50bps rate cut and negative deposit rate. DOh!
Then he ends the new conference '' the Draghi Show'' with this comment....double DOH!
Evaluator.:nerd:
http://content.screencast.com/users/...2013-09.46.png
Then he ends the new conference '' the Draghi Show'' with this comment....double DOH!Evaluator.:nerd:
http://content.screencast.com/users/...2013-09.46.png
Hi Evaluator,
i checked with my broker about my settings, they were all good, i paid for the file to be converted to mq4 from ex4 as that might have been a problem, tried both types of files but it still does not come up on the chart.
after converting the file it does show on the EAs list but does not seem to be coming up on the chart, my broker had told me to contact the owner of the EA.
any suggestions, i have tried everything.......... exhausted
i checked with my broker about my settings, they were all good, i paid for the file to be converted to mq4 from ex4 as that might have been a problem, tried both types of files but it still does not come up on the chart.
after converting the file it does show on the EAs list but does not seem to be coming up on the chart, my broker had told me to contact the owner of the EA.
any suggestions, i have tried everything.......... exhausted
- #17,228
- May 6, 2013 12:25am May 6, 2013 12:25am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Hi Evaluator, i checked with my broker about my settings, they were all good, i paid for the file to be converted to mq4 from ex4 as that might have been a problem, tried both types of files but it still does not come up on the chart. after converting the file it does show on the EAs list but does not seem to be coming up on the chart, my broker had told me to contact the owner of the EA. any suggestions, i have tried everything.......... exhausted
That is because you have it in the wrong folder that is why you see them in EA list no the indikator list. The ex4 files work just fine. Here is my quote on where the files need to be which is Metatrader basics
You do not open the files. You download them and place the in your metatrader experts\indikators folder. You use Metatrader to open them on a chart.
- #17,229
- May 8, 2013 4:41am May 8, 2013 4:41am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
EURUSD appears to be on the rise today. European bond yields are falling again today. With no real news driving the EURUSD up I am looking for a reversal.
Evaluator.:nerd:
Evaluator.:nerd:
- #17,230
- May 8, 2013 10:35am May 8, 2013 10:35am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Now we know the catalyst for the EURUSD (strong German data). Nice rally...nice PROFIT!
Evaluator.:nerd:
Evaluator.:nerd:
- #17,232
- May 9, 2013 4:43am May 9, 2013 4:43am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
It really is this easy...''Are you disciplined enough?''
Evaluator.:nerd:
Evaluator.:nerd:
- #17,234
- May 9, 2013 9:26am May 9, 2013 9:26am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Again....it is just follow the signals and pay attention to trading times. I trade European and 1/2 USA Session.
Here is trade for today. (+55 pips so far)
Evaluator.:nerd:
Here is trade for today. (+55 pips so far)
Evaluator.:nerd:
- #17,235
- May 10, 2013 5:41am May 10, 2013 5:41am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
TIP OF THE DAY...
As you can see here is my order for today. However, with the new setting and the new Symphonie Matrix 4.4h I have noticed something that plays very well for me. Once you have a Symphonie Signal look for a 50% to 61.8% pullback in price aktion of the prevous high and execute a order in the direktion of the Symphonie Signal. It usually increases your pip count by 10 pips and saves one from stoploss by whipsaw. The Stoploss should be the previous swing high/low. (see screenshot)
Best of Luck,
Evaluator.:nerd:
P.S. On strong price action moves you will not see a pullback and you may miss the entry. However, this pullback happens most of the time. Remember this is forex and anything can happen!
As you can see here is my order for today. However, with the new setting and the new Symphonie Matrix 4.4h I have noticed something that plays very well for me. Once you have a Symphonie Signal look for a 50% to 61.8% pullback in price aktion of the prevous high and execute a order in the direktion of the Symphonie Signal. It usually increases your pip count by 10 pips and saves one from stoploss by whipsaw. The Stoploss should be the previous swing high/low. (see screenshot)
Best of Luck,
Evaluator.:nerd:
P.S. On strong price action moves you will not see a pullback and you may miss the entry. However, this pullback happens most of the time. Remember this is forex and anything can happen!
- #17,236
- May 10, 2013 10:28am May 10, 2013 10:28am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Here is a follow up on my post of orders today. I recieve exit signal and close trade for +47 pips. I hope you also profit from this trade. Next comes a new sell signal....BUT I AM NOT TAKING THIS TRADE. why????
Answer: Look at the markt timing and when this is occur. First it is the last session of the last trading day of the week. Friday's are usually markt ending times where the markt participates are exit their positions and look to plan trade for next week.
Just as with the Symphonie Signals and Pattern Recognition....timing ones orders is just as important. Being in the right place at the right time is how one becomes a consistant and profitable trader. Knowing when not to take a trade is just as important as taking the right trade. These are important things to remember just like not trade 60 min before a Central Bank rate decision because these are traps as liquidity drops and ranges become tighter and smaller before the next big move. Learn to recognize these factors and they will reward you over and over again.
I highly suggest printing out the attachment in my Post #17,238 and keep it handy to help you with markt timing.
Best of luck and have a nice weekend.
Evaluator.:nerd:
Answer: Look at the markt timing and when this is occur. First it is the last session of the last trading day of the week. Friday's are usually markt ending times where the markt participates are exit their positions and look to plan trade for next week.
Just as with the Symphonie Signals and Pattern Recognition....timing ones orders is just as important. Being in the right place at the right time is how one becomes a consistant and profitable trader. Knowing when not to take a trade is just as important as taking the right trade. These are important things to remember just like not trade 60 min before a Central Bank rate decision because these are traps as liquidity drops and ranges become tighter and smaller before the next big move. Learn to recognize these factors and they will reward you over and over again.
I highly suggest printing out the attachment in my Post #17,238 and keep it handy to help you with markt timing.
Best of luck and have a nice weekend.
Evaluator.:nerd:
- #17,237
- May 12, 2013 7:53pm May 12, 2013 7:53pm
- Joined Oct 2007 | Status: Trader | 2,972 Posts
I think I was close to what I said would happen for the rest of Friday. If you compare this screenshot (Sun markt open) to my previous post.
If you compare this screenshot (Sun markt open) to my previous post.
- Post# 17,239
Evaluator.:nerd:
- #17,239
- May 13, 2013 2:13am May 13, 2013 2:13am
- Joined Oct 2007 | Status: Trader | 2,972 Posts
Remember timing is important to proper order management. Since today is the first trading day this is the day that usually set the tone for the week. So for today I am looking for a continuation of last week drop or a reversal. After the Asian consolidation period one needs to look at the range of the Asian session (high and low) then look for a break and pullback to tell one the daily direktion. Therefore, we have two options....up or down.
If there is a 3rd please tell me....
So, now one should watch for the false break then reversal after the asian session and take the next Symphonie Signal as this signal will be the trend following one that should produce the most strength as the markt comes back to live and there is sufficient volitility to support a tredn move.
Evaluator.:nerd:
If there is a 3rd please tell me....So, now one should watch for the false break then reversal after the asian session and take the next Symphonie Signal as this signal will be the trend following one that should produce the most strength as the markt comes back to live and there is sufficient volitility to support a tredn move.
Evaluator.:nerd:
