EURUSD | Page 40540 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

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

Re: EurUsd short term 15 replies

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

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #810,781
  • Jun 26, 2013 7:34pm Jun 26, 2013 7:34pm
Quoting Rag2RichesFX
{quote} i hope im right im just looking for a little bounce to finish the month/quarter candle, and it seems very likely that in the first or second week of July this will see its push down to 2800 zone. to me a close below 28422 on 4 hour will be important (with RSI not diverging) 17.6855 represents the RSI low from somewhere around 1.22.. in Summer 2012.. forgot the exact number and dont want to look at my charts right now. {image}
i have similar chart as yours. expect bounce in the 2940 area. the white line is where the price broke out upward. will see if the price will do a last kiss to the white line and bounce there. if it penetrates the white line and goes down futher, well 2820 might not be the bottom.


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 240 min #2 41452.0186.png Size: 31 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #810,782
  • Jun 26, 2013 7:34pm Jun 26, 2013 7:34pm
Morning all. Euro still dropping, 4hr divergences still growing.

Drat, looks like I've missed a bunch of interesting conversation this week, I'm going to have to read back from Monday now.
A journey of a thousand miles begins with a single step. Lao-tzu
  • #810,783
  • Jun 26, 2013 7:38pm Jun 26, 2013 7:38pm
Quoting KillerWhale
{quote} Rag, when you trade long enough, (I started in 2005 and lost my first account not with trading but in the bankruptcy of Refco LLC) then trading at some point becomes easy. I really don't care anymore to take a 1000 dollar loss one day, it will come back 2 times next day or the day after that.
I'm now 75 pips in profit with my ucads shorts.
In a few days I will be 275 pips in profit or more,
That's what patience can do for you.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #810,784
  • Jun 26, 2013 7:41pm Jun 26, 2013 7:41pm
Quoting KillerWhale
{quote} Rag, when you trade long enough, (I started in 2005 and lost my first account not with trading but in the bankruptcy of Refco LLC) then trading at some point becomes easy. I really don't care anymore to take a 1000 dollar loss one day, it will come back 2 times next day or the day after that.
I understand that for sure. The longer you do this the easier it becomes. Every year you look at the year before like "wow i was really trading that way back then?"

I just trade with the trend and scale in these days.. (or counter trend when its very obvious, like gbpaud at 1.68) only in rare occasion will I use a stop loss. This way I can capture every swing without a drawdown. Gains are small, but over a year they are large.

I will use a stop loss if I am very confident in a certain level holding.. scalps mostly. Basically a "bonus" for properly timing a move. Tight stops when I do use them.
Be hopeful in a winning position, and fearful in a losing position.
  • #810,785
  • Jun 26, 2013 7:42pm Jun 26, 2013 7:42pm
Quoting KillerWhale
{quote} I'm now 75 pips in profit with my ucads shorts. In a few days I will be 275 pips in profit or more, That's what patience can do for you.
And take a look how I write about this and how confident I am, then go back to that famous book ......................Trading in the Zone.
It's all psychology right?
New voice message: Why are you calling me? If I need you, I'll call you!
  • #810,786
  • Jun 26, 2013 7:45pm Jun 26, 2013 7:45pm
Quoting KillerWhale
{quote} I'm now 75 pips in profit with my ucads shorts. In a few days I will be 275 pips in profit or more, That's what patience can do for you.
Tell me about it.. I was long GBPAUD from 1.46.. only gave it about 800 pips.. could have had 2000 easily. Patience is key. The big guys use the small charts to pyramid their entries on the big TF... its incredible the patience they have.
Be hopeful in a winning position, and fearful in a losing position.
  • #810,787
  • Jun 26, 2013 7:45pm Jun 26, 2013 7:45pm
Go short UCAD it's worth trying, believe me.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #810,788
  • Jun 26, 2013 7:47pm Jun 26, 2013 7:47pm
Quoting Rag2RichesFX
{quote} Tell me about it.. I was long GBPAUD from 1.46.. only gave it about 800 pips.. could have had 2000 easily.
that happens.
Told you about my 300 pips longs in UJ. could have been close to 3000 pips.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #810,789
  • Jun 26, 2013 7:48pm Jun 26, 2013 7:48pm
Quoting KillerWhale
{quote} I'm now 75 pips in profit with my ucads shorts. In a few days I will be 275 pips in profit or more, That's what patience can do for you.
it takes a lot to be patient, epecially when taking the heat of a drawdown trade for a few days.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #810,790
  • Jun 26, 2013 7:48pm Jun 26, 2013 7:48pm
Quoting KillerWhale
{quote} And take a look how I write about this and how confident I am, then go back to that famous book ......................Trading in the Zone. It's all psychology right?
Yeah, pulling off successful long term trades gives dramatic boost to confidence.

Speaking of which, AUD pairs are going to have a weekly/monthly correction soon.....I like AUDCAD


This will bring us back to more normal levels for the next FOMC and rate decision... when a taper is expected to become official policy. I believe speculation is for a $10 billion per month reduction
Be hopeful in a winning position, and fearful in a losing position.
  • #810,791
  • Jun 26, 2013 7:49pm Jun 26, 2013 7:49pm
Quoting KillerWhale
{quote} that happens. Told you about my 300 pips longs in UJ. could have been close to 3000 pips.
But hey, as long as you can keep laughing, nothing is wrong, it's all good.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #810,792
  • Jun 26, 2013 7:50pm Jun 26, 2013 7:50pm
Quoting KillerWhale
{quote} that happens. Told you about my 300 pips longs in UJ. could have been close to 3000 pips.
Yeah.. understandable.. I was long UJ from 78 last fall..... I remember everyone and their mom was. I just don't know how to be patient. It will come with more successful weekly/monthly trades.
Be hopeful in a winning position, and fearful in a losing position.
  • #810,793
  • Jun 26, 2013 7:51pm Jun 26, 2013 7:51pm
Quoting ffleo
{quote} it takes a lot to be patient, epecially when taking the heat of a drawdown trade for a few days.
I know my friend, but it pays,
New voice message: Why are you calling me? If I need you, I'll call you!
  • #810,794
  • Jun 26, 2013 7:52pm Jun 26, 2013 7:52pm
Quoting KillerWhale
{quote} Hey my friend, let's cut the crap and let me show you a little experiment that I did 3.5 years ago, As you can see in the spreadsheet I have covered 10 weeks of real life account. I made the choice to give the info from 3.5 years ago since nobody needs to know where I am at this moment. Rows 1 through 14 represent the capital in my live accounts at that moment. Row 15 gives profit per week Row 16 is the % per week Row 17 is cumulative gain Row 18 is cumulative % Rows 23 to 32 give the same value but including with over the weekend holdings...
My first Play Station was a Sony....My second one was Microsoft Excel...and then I discovered MT4...I'm so impatient to combine VBA & EA scripts MT5...will certainly be one of the most exciting rewarding game I'll have never played yet in my live.
  • #810,795
  • Jun 26, 2013 7:56pm Jun 26, 2013 7:56pm
euro starting daily bull candle..


tp zone 1.3045/50 and 1.3070/75


a little noise at 1.3030
Be hopeful in a winning position, and fearful in a losing position.
  • #810,796
  • Jun 26, 2013 8:01pm Jun 26, 2013 8:01pm
Quoting ffleo
{quote} it takes a lot to be patient, epecially when taking the heat of a drawdown trade for a few days.

You know it's funny, in the past I had a lot of patience with my losers. My winners? I took them of course.
Months of patience with my losers and I didn't cut them because I thought once they would become winners.

And yes they did become winners .................................... after I cut them with a big loss because I lost my patience.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #810,797
  • Jun 26, 2013 8:01pm Jun 26, 2013 8:01pm
Short @ 3020 target 2956
Founder of Sutherland Wave Principle
  • #810,798
  • Jun 26, 2013 8:05pm Jun 26, 2013 8:05pm
atm 3024... um at 3023.4... lets c if we drop
those who can, do. those who cant, talk about those who can
  • #810,799
  • Jun 26, 2013 8:05pm Jun 26, 2013 8:05pm
Short @ 30214* Target 2956 SL 3050
Founder of Sutherland Wave Principle
  • #810,800
  • Jun 26, 2013 8:06pm Jun 26, 2013 8:06pm
10 pips south we need then UCAD will fall through and will fall into the volcanic fault lines of California.
New voice message: Why are you calling me? If I need you, I'll call you!
458 traders viewing now