EURUSD

what is the most important thing we can pull out off this chart?

Probability, to have your OWN opinion, and stick by it! edit.. that long wick should already be played out imho..edit, pendin sell @ 2989 edit2. fcker got yu @ 29885

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I agree with you that if he asked a question on an open message board that anyone can answer. If he wanted professional advice he should pay for it. If he is in over his head it is a hard lesson but hopefully he learns it once. I suggest he go back to demo and/or read the full babypips school pages.

2986-87 prob addin on,..(all my qoutes are from oanda fxTrade)

short or long?

short, but dont follow me,ive got quite a buffer, but did add on, hard stop with all positions @ 3095,..edit2. stoped out watch out 14..edit3,.. im out from small ones, cost me 2k gs

I think you've got your answer..

good

how high do you think the USDJPY is going to get?

Attila you one of us "Balkan boys"

short 3018. (scalp)

yep

"Dont believe anyone, do it yourself"

target?

Wednesday kiddin, good night all

Attila, gator and all the warriors... I bow before you.

I don't know about the others, but I screw up as much as anybody else.

H4. back test or more up?

First post, it's long. If you're skipping the wall of text please just take a look at the last section.



Hi everyone, brand new fx guy here. Today was my first day, and I'm only trading a demo account for the time being. Planning on focusing on EUR/USD at first as I learn the ropes and just focus on a single market.

Tried some intraday trading and seemed to have the best success with Bollinger Bands + Parabolic SAR, though I also really like the Ichomoku Kinko Hyo. Using mostly Bolligner Bands I netted a neat $76 in one hour and that included a -$112 position "trying something out".

Went long at 1.2977 then got hit by a truck as price plummetted and I was -$410 on my position, but all the indicators still appeared favorable to go long so I held and hoped, moving my take profit down to 1.2990. Just saw that hit a minute ago, still at work now, and was pumped, closed that position at +$260!!!

But then just a few minutes later, the thing exploded another 35 pips! I'm not expecting a "standard" answer per se, but how does something trade in such a small band all day, then explode like that almost instantly? Also on a day where US had two supposedly high impact items come through one as predicted, one better. As well as a medium impact report come better than expected. I'd love to hear people's opinions.

More up central formations are very tricky for me. 3800 TP? I can't see while typing, i must have a bug in my phone this sucks.

3080 ,sorry, just a wee bit off...

3800? are u serious?