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EURUSD

  • #826,621
  • Aug 16, 2013 8:40am Aug 16, 2013 8:40am
1;337 good place to short !
  • #826,622
  • Aug 16, 2013 8:42am Aug 16, 2013 8:42am
Hey everybody, Alex the newbie here.
I've been following this forum for like a week now but can't really follow you guys.
The gap between our forex knowledge is too big.
I am not looking for magical indicators that can give me some mad pips, but I am attracted to this subject and since I know how to read and enjoy it, maybe somebody can recommend some good books for a newbie.
I've followed so far the http://www.babypips.com/school/ .
Any sugestions are welcome.
Thanks in advance
  • #826,623
  • Aug 16, 2013 8:43am Aug 16, 2013 8:43am
Quoting hoom
{quote} maybe too early as aussie seems to rally up in next few hours
Aussie still couldn't clear .92 convincedly. .9220 is a critical level.
The true fact is market doesn't care, risk mgt is important.
  • #826,624
  • Aug 16, 2013 8:45am Aug 16, 2013 8:45am
double top at 3400 would be perfect
Get Rich or Die Tryin
  • #826,625
  • Aug 16, 2013 8:47am Aug 16, 2013 8:47am
Quoting Ssm
{quote} Aussie still couldn't clear .92 convincedly. .9220 is a critical level.
yes range of resistance channel at 0.9187-0.9230
Get Rich or Die Tryin
  • #826,626
  • Aug 16, 2013 8:52am Aug 16, 2013 8:52am
supply zone...if you look at ur 4hrs chart ur head will do nothing other than short....i am short anyway./// 3372 3376....IF THIS WORK I WILL LEAVE IT FOR WEEKS
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MY OPINION NOT FINANCIAL ADVISE
  • #826,627
  • Aug 16, 2013 8:53am Aug 16, 2013 8:53am
Quoting chazzle
{quote} dx h1 better late than never {image}

but never late is better so let lead the way.
MY OPINION NOT FINANCIAL ADVISE
  • #826,628
  • Aug 16, 2013 9:00am Aug 16, 2013 9:00am
My ThinkorSwim is so slow!!!
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #826,629
  • Aug 16, 2013 9:00am Aug 16, 2013 9:00am
every wise man calls himself a fool
  • #826,630
  • Aug 16, 2013 9:02am Aug 16, 2013 9:02am
not a time for a doji (H1) -_-
Get Rich or Die Tryin
  • #826,631
  • Aug 16, 2013 9:02am Aug 16, 2013 9:02am
Quoting gatorinla
{quote} ok... i have to agree on that. i do not know when a level will be hit. just out of curiosity, when will yours be hit? will we go down to 3100 or more before, or straight to 3450 and 37xx
straight is a relative term.. as for your question, I don't think so.. if it gets to 3100, it's not getting back to 3450.. it'll go to 2977, but what's 20 pips among friends?

edit: did I say 20 pips? 120 that is between friends.. yeah, go ahead and bookmark this post..
  • #826,632
  • Aug 16, 2013 9:03am Aug 16, 2013 9:03am
So todays move has taken us back to fair value intraday in terms of the bond markets as we see the two lines reconverge. Seems that the bond markets were correctly pricing in the EUR for the past few days. 1 month options are still expecting a sharp drop at some point...
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  • #826,633
  • Aug 16, 2013 9:04am Aug 16, 2013 9:04am
Quoting ffleo
My ThinkorSwim is so slow!!!
the good thing is I do not trade on it. only use it as data feed
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #826,634
  • Aug 16, 2013 9:05am Aug 16, 2013 9:05am
Quoting giveachance
every wise man calls himself a fool


if a judge ask if u are guilty or not guilty will u accept guilty for a crime u did not commit????
MY OPINION NOT FINANCIAL ADVISE
  • #826,635
  • Aug 16, 2013 9:06am Aug 16, 2013 9:06am
Inserted Video
those who can, do. those who cant, talk about those who can
  • #826,636
  • Aug 16, 2013 9:08am Aug 16, 2013 9:08am
Quoting attila
{quote} straight is a relative term.. as for your question, I don't think so.. if it gets to 3100, it's not getting back to 3450.. it'll go to 2977, but what's 20 pips among friends? edit: did I say 20 pips? 120 that is between friends.. yeah, go ahead and bookmark this post..
and yes, I'm fully aware I am at disadvantage, as we are at the top, or close to it.. going down around here is much easier than going up....
  • #826,637
  • Aug 16, 2013 9:08am Aug 16, 2013 9:08am
Quoting donfriday
{quote} if a judge ask if u are guilty or not guilty will u accept guilty for a crime u did not commit????
i think in the commonwealth countries, there's a theory of self preservation such that you dont incriminate yourself. Cant recall exactly where I heard/read it...
it is highly likely that i'm wrong... so dont follow me!
  • #826,638
  • Aug 16, 2013 9:09am Aug 16, 2013 9:09am
damn, the egos in this thread is outstanding..

there is no holy grail in trading, period.. there is no single way of trading method which is the right one, period.. people are so obsessed by this issue, in the end it's about finding a way which suits ones personality.. some loves chasing a couple of ticks, some loves the bigger swings, some loves etc..

one might get the impression by reading this thread that the only way to go is by making lot's of entries, picking the absolute top/bottom.. come on, we all know that consistency is all that matters, think about it, you only need 1 good trade a month to make a living, the only thing that matters is the size of the position..

anyway, very few people in this thread is worth listening to, we all know who they are, right..?

enjoy the weekend
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Patience is a virtue...
  • #826,639
  • Aug 16, 2013 9:09am Aug 16, 2013 9:09am
Just checking with you guys, is there a riot in Greece right now? i just happen to hear the news but not clear abt it.
  • #826,640
  • Aug 16, 2013 9:10am Aug 16, 2013 9:10am
Quoting donfriday
{quote} if a judge ask if u are guilty or not guilty will u accept guilty for a crime u did not commit????
sometimes you are forced to accept guilty.
ignore wackos and psychos, including myself. But I can't add myself to iggy
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