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EURUSD

  • #801,861
  • May 27, 2013 10:51am May 27, 2013 10:51am
Quoting KillerWhale
{quote} What is GMO?
GMO=
Genetically modified organism
Look like a girl, act like a lady, think like a man and work like a dog.
  • #801,862
  • May 27, 2013 10:51am May 27, 2013 10:51am
Quoting tomspin
{quote} Well trending market does not require SL, just well capitalised account, and good initial entry point, I know what you mean but playing daily direction risk can be limited by entry from lower TF (1M/5M) with confirmation from H4/H1 - usually good entries goes in sinc in that way, unfortunately it is very hard to learn how to wait for them to unfold.Anyway it is all about risk if 100 pips works for somebody that is fine, I am just thinking it is a wrong place to initiate position in the first place.
Really?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,863
  • May 27, 2013 10:57am May 27, 2013 10:57am
Quoting gettoefl
any followers of the seventeen hour cycle? {image}
What is any ocean but a multitude of drops?
  • #801,864
  • May 27, 2013 10:59am May 27, 2013 10:59am
Quoting KillerWhale
{quote} No way? What do you mean? And they have Ice rinks in several places here, but I'm too old for that stuff.

I was surprised that another trader on this forum is from San Diego. Before, I thought you were from Australia or something. The ice rink is actually inside of the mall in La Jolla. That is a very affluent part of San Diego as well. Hopefully, we can move back to San Diego, but it is nice trading the Euro market during the afternoon from the time zone here in Taiwan.
Luck has no place in trading. Leave that for the poker table.
  • #801,865
  • May 27, 2013 11:00am May 27, 2013 11:00am
Quoting tomspin
{quote} Well trending market does not require SL, just well capitalised account, and good initial entry point, I know what you mean but playing daily direction risk can be limited by entry from lower TF (1M/5M) with confirmation from H4/H1 - usually good entries goes in sinc in that way, unfortunately it is very hard to learn how to wait for them to unfold.Anyway it is all about risk if 100 pips works for somebody that is fine, I am just thinking it is a wrong place to initiate position in the first place.
Maybe my friend, you forgot (or you where not on board yet) the time that GJ lost 1200 pips in just minutes?
Just due to a little error in the stock market?

The first thing you do is put in a sl, then you think of target, then you place your trade!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,866
  • Edited 11:14am May 27, 2013 11:02am | Edited 11:14am
Quoting Xhale
{quote}
not that bad really

17 up 17 down 17 down 17 up 17 down 17 up 17 down 17 up 17 up 17 down

all perfectly symmetrical around the uptrending trendline ie hits that trendline at 34 hour intervals
twitter: @gettoefl
  • #801,867
  • May 27, 2013 11:06am May 27, 2013 11:06am
No trades for me in this thin range market.
  • #801,868
  • May 27, 2013 11:08am May 27, 2013 11:08am
Quoting Parox
No trades for me in this thin range market.
Very wise.

Wait 15 hours for trading again, just get some sleep!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,869
  • May 27, 2013 11:09am May 27, 2013 11:09am
ready to add short position this week?...target 1,2340 -)
  • #801,870
  • May 27, 2013 11:17am May 27, 2013 11:17am
Quoting cxgiugn
ready to add short position this week?...target 1,2340 -)
No!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,871
  • May 27, 2013 11:21am May 27, 2013 11:21am
Don't expect much movement now, the only open market of any importance is Canada right at this moment.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,872
  • May 27, 2013 11:38am May 27, 2013 11:38am
Quoting KillerWhale
{quote} Maybe my friend, you forgot (or you where not on board yet) the time that GJ lost 1200 pips in just minutes?Just due to a little error in the stock market? The first thing you do is put in a sl, then you think of target, then you place your trade!
Tried it on micro, locate bottom/top for the year in any pair, add daily at london open, around morning fix is the best time, set yourself trailing stop for 50 pips and TP of 150 and just wait.
The problem is none of the pairs is bottoming/topping atm so veryfying now is out of the question.
There are many stuff that have been told blindly by thousands traders to other traders, I like to think on my own.
You cannot judge the method before you not test it.
Your example with GJ is perfect - if you bought last july you would be very happy with results by now, you and I both knows that you do not buy tops.
Try it mate, then PM me about it.
Regards J.
swing it!
  • #801,873
  • May 27, 2013 11:43am May 27, 2013 11:43am
The best results I had in FX was when I placed micro pos then had to leave home for some travel time and did not have internet access, it is not for everybody - worked for me.
swing it!
  • #801,874
  • May 27, 2013 11:48am May 27, 2013 11:48am
Quoting DNTme
S 2986 target 2875
+60 half breakeven for rest!

May was good with me
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fokyou forexfactory
  • #801,875
  • May 27, 2013 12:17pm May 27, 2013 12:17pm
Quoting tomspin
The best results I had in FX was when I placed micro pos then had to leave home for some travel time and did not have internet access, it is not for everybody - worked for me.
Lol I had the same kind of thing in October 2008 when I was short GJ and saw it back with 4000 pips profit.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,876
  • May 27, 2013 12:19pm May 27, 2013 12:19pm
are there are any trades for this day? for EURUSD?
  • #801,877
  • May 27, 2013 12:20pm May 27, 2013 12:20pm
Quoting tomspin
{quote} Well trending market does not require SL, just well capitalised account, and good initial entry point, I know what you mean but playing daily direction risk can be limited by entry from lower TF (1M/5M) with confirmation from H4/H1 - usually good entries goes in sinc in that way, unfortunately it is very hard to learn how to wait for them to unfold.Anyway it is all about risk if 100 pips works for somebody that is fine, I am just thinking it is a wrong place to initiate position in the first place.
!
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Founder of Sutherland Wave Principle
  • #801,878
  • May 27, 2013 12:22pm May 27, 2013 12:22pm
Quoting fibstalker
{quote} The first scenario of my last review on May 3rd played out. I have not anticipate a larger retrace higher which took place, but the market continued generally lower. Following is my review for today May 16th valid for the coming days: The Euro kept moving lower despite strong US indices as anticipated on April 30th and [url=http://elitefive.wordpress.com/2013/05/03/euro-dollar-analysis-forecast-may-3rd-2013-english-language/]May...
Hi all here is a link to my latest review of the Euro-dollar. In the video (hosted on my blog) I review the Euro from the weekly chart, down to the daily and 4-hour chart.

Euro in a box trade so far, between 1.2910 and 1.3240, with a potential to re-test the 1.3020 area during the week.

As usual, let me know what you think: http://wp.me/p2oF7p-D3

Thanks.
-fibstalker
"markets traded by programs/HFT offer a significant trading edge..."
  • #801,879
  • May 27, 2013 12:26pm May 27, 2013 12:26pm
Quoting mumuy
are there are any trades for this day? for EURUSD?
No!
New voice message: Why are you calling me? If I need you, I'll call you!
  • #801,880
  • May 27, 2013 12:28pm May 27, 2013 12:28pm
markets are shit what is it a bank holiday or something?
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