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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

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did oanda just drop its spread for eurusd to 1 pip? 11 replies

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  • #801,521
  • May 24, 2013 10:31am May 24, 2013 10:31am
Quoting tomspin
{quote} Yes I am aware what is going on, and not even try to, not after SP this year, just thought it's a good RR even considering where we are and how fast this can be turn around, 30 points for 180 it's a good RR imo, if 14000 will not hold potential reward is huge so, not such a bad idea I guess.
On the other hand jumping from 14000 could be even better RR then selling it atm by looking at last two attepts that market was bought like crazy.
swing it!
  • #801,522
  • May 24, 2013 10:34am May 24, 2013 10:34am
Quoting KillerWhale
{quote}Europe market close

thanks
  • #801,523
  • May 24, 2013 10:38am May 24, 2013 10:38am
Quoting cdndollar
{quote} Here you go.....>

Ok I looked at your chart, I see what you're looking at. It's basically a "chop zone" break out in my layman's term. Yes, it's potential, and this potential is what'll keep the trade moving. I am cautious of being short here, although the resistance at 1.30 has held remarkably and if people are indeed accumulating shorts up there.....with a stop loss at 1.3050......Makes sense. Yet the other side is......we'll never get back there, and all the longs entering here, will get obliterated down to 1.27 or less.
  • #801,524
  • Edited 11:15am May 24, 2013 10:40am | Edited 11:15am
oopss we hit 11 ,,, bears can move stops to 2958 + spread.... those not in may get another chance at 2931/35 stops the same 2958 etc

next target st 2832 allow for spread
those who can, do. those who cant, talk about those who can
  • #801,525
  • May 24, 2013 10:41am May 24, 2013 10:41am
Quoting KillerWhale
{quote}Europe market close
¿why is important e-close,that is weekly close for London? ¿which meaning has got for following week-days????
  • #801,526
  • May 24, 2013 10:42am May 24, 2013 10:42am
It's being defended...
  • #801,527
  • May 24, 2013 10:52am May 24, 2013 10:52am
Quoting IMARICH1
{quote} I can respect that. I am lost in the forest and can't seem to find the trees I marked. You have explained, but it appears I am missing something. I will re-sift! Thanks!

Maybe I can be of some service in providing clarity here ,folks. Put up the eur/usd on the 60 min and daily chart. Now only use the 72 and the 20EMA on both. No other indicators. Notice how on the daily, even with 2 lungong spikes that average(which has been getting respected a looooot on certain pairs last few months is getting out of reach. I consider it a medium term indicator. Now go to the 60 min, and see how price is edging down towards the 72 there. If it breaks it on the hrly, I say it can still go either way, but the r/r is at least 3-1 in favor of the short, and we all know, going back to the daily....you almost never go against a chart where 2 out of last 3 candles have spikes.(wicks facing up)

Also, yuh know why the 72 works so well, how many hours are in 3 days? 72!!! No-one ever stops to think that number could be significant. If you look for me on the "7 system thread" youll see Ive done very very well there. So....be short or be out is my 3 cents.
  • #801,528
  • May 24, 2013 10:53am May 24, 2013 10:53am
Quoting Pharm0r
It's being defended...

sure it is.. look at . 2012 ypp. st says it will fall.
those who can, do. those who cant, talk about those who can
  • #801,529
  • May 24, 2013 10:53am May 24, 2013 10:53am
Quoting maximinus
{quote}It played well. EY {image}

missed the target by 0.1pip Grrrr or I was not filled .
Attached Image (click to enlarge)
Click to Enlarge Name: yen.gif Size: 14 KB
Don't be smart. Be rich.
  • #801,530
  • May 24, 2013 10:54am May 24, 2013 10:54am
Quoting Silat50
{quote} ... So....be short or be out is my 3 cents.
alright, hold on my beer I got this...
swing it!
  • #801,531
  • May 24, 2013 10:58am May 24, 2013 10:58am
Quoting tomspin
{quote} alright, hold on my beer I got this...

is that a O'Doul ?
Attached Image
those who can, do. those who cant, talk about those who can
  • #801,532
  • May 24, 2013 11:02am May 24, 2013 11:02am
Quoting gatorinla
{quote} is that a O'Doul ? {image}
lol had to google it, of course not!
who's the fine bottox lady in the picture?
swing it!
  • #801,533
  • May 24, 2013 11:05am May 24, 2013 11:05am
Quoting tomspin
{quote} lol had to google it, of course not!who's the fine bottox lady in the picture?
I drink this little fella

http://s24.postimg.org/s7e6lro81/zywiec.jpg
swing it!
  • #801,534
  • May 24, 2013 11:06am May 24, 2013 11:06am
Quoting IMARICH1
{quote} I can respect that. I am lost in the forest and can't seem to find the trees I marked. You have explained, but it appears I am missing something. I will re-sift! Thanks!

  1. Post# 801,557
  2. Cleanup
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  4. May 24, 2013 10:24am (40 min ago)

  1. zaphy ● Online Joined Jan 2010 | 377 Posts | Status: Member


Quoting IMARICH1
{quote} gator, Need a math lesson. What do I multiply? I have seen you add high and low and divide by 2. Maybe this was for something else. Enlightening please. And you can correct me sternly too. I am a good student when I am able to get the right teacher and info. Thanks!

Substract the low to mid from the low, that's 50% down a target, you can also substract the entire move from the low, that 100% and so on. HTH

those who can, do. those who cant, talk about those who can
  • #801,535
  • May 24, 2013 11:10am May 24, 2013 11:10am
Quoting tomspin
{quote} I drink this little fella {image}

i dont know, i did not know how to spell it.. copy and paste and there she was,
those who can, do. those who cant, talk about those who can
  • #801,536
  • May 24, 2013 11:12am May 24, 2013 11:12am
Quoting Ambar
{quote}¿why is important e-close,that is weekly close for London? ¿which meaning has got for following week-days????
A weekly close might be an important support or resistance in the near future.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,537
  • May 24, 2013 11:14am May 24, 2013 11:14am
last long 2909 to 3030
DX starting to turn it's sails
----- Dragonfly out in the sun you know what I mean, don't you know
  • #801,538
  • May 24, 2013 11:17am May 24, 2013 11:17am
Quoting gatorinla
oopss we hit 11 ,,, bears can move stops to 2958 + spread.... those not in may get another chance at 2931/35 stops the same 2958 etc next target st 2832 allow for spread

i hit the edit by accident .. same post i didn't change


its Friday after e close,,, 2959 + spoils this one... the rest is normal pa..
the fruit is sweeter just before it spoils.
change 2931 to 2934/35
those who can, do. those who cant, talk about those who can
  • #801,539
  • May 24, 2013 11:20am May 24, 2013 11:20am
Thank you Gator!

I will re-work this out so I understand. Thanks for showing some light as the forest is dark and cold. I've been lost in it for some time. I stayed away from this trading due to the inconsistent results. I got some result; then saw traders like Atlast, Coggie and you make great calls but all of a different system. I tried to incorporate it into mine from a trading friend named Bear73 who traded professionally and had better success than me. He gave me a good system but it was always lacking something as my trades were not consistent like his.

I followed you and sisse as you not only could see the TA but you had the Fundamental component attached as well. Cloggie tried to help me on this but I could only get little bits and pieces and it just didn't come together. As a result, I have been sitting in this forest on a stump and wondering how can I know so much but know so little or how can I explain the trade but end up losing it as well.

Those questions have not been answered. I must remain in the forest until I can figure it out. Thanks for your time!
  • #801,540
  • May 24, 2013 11:20am May 24, 2013 11:20am
Gatornia may i ask you as today i make a big maistake do you have any advice for a new trader - i thought to sell the euro and now i not so sure . thanks Freddie
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