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EURUSD

  • #832,541
  • Sep 5, 2013 12:13am Sep 5, 2013 12:13am
Quoting gatorinla
{quote} ,
Yen kissed 100 (almost)
The Thief of Wall Street
  • #832,542
  • Sep 5, 2013 12:13am Sep 5, 2013 12:13am
I think there is only one true currency pair that all play. Time vs Money. If it was on a mt4 chart (MNYTME) you would buy time and sell money. Hence you go to work- sell time and buy money- to do the things you enjoy like driving your farari or just being fre to enjoy time with friends n family. A discussion that I read here not so long ago was about currency being devalued. Imagine what it would look like ont the mt4 MNYTME chart and then correlate it to the other currencies that have followed the same pattern- anarchy follows.
As the lights go by so too do the shadows move
  • #832,543
  • Sep 5, 2013 12:18am Sep 5, 2013 12:18am
I'd like some advice if anyone is willing to offer.

I'm currently 20 pips in the money on my trade tonight. For the short term, the downward move seemed obvious so I sold at 97.

I have a buy back stop at 87. Assuming it doesn't take my stop out for a 10 pip gain for the day, I'm headed to bed in about two hours.

Should I continue with my stop, or should I do a trailing stop, or something else?

This will be the first time going to bed with a trade working, so all advice is welcome. Usually I exit my trades at a fixed amount, like $50.00 or $100.00.

Thanks for any advice in advance.
  • #832,544
  • Sep 5, 2013 12:21am Sep 5, 2013 12:21am
Quoting gatorinla
{quote} st bulls and bears should want 3177
Oh my, there it goes...

P.S.: Does anyone know of a method to tell MT4 to set up 2 or 'x' identical trades or copy an existing pending order?
  • #832,545
  • Sep 5, 2013 12:22am Sep 5, 2013 12:22am
Quoting Pip Anon
nearest resistance (support) near 1.3185. Maybe trade back within the channel prior to ecb {image}
Quoting donfriday
{quote} 1.3185 is demand zone...u most be looking at lower tf..

When the facts change I change my mind, what do you do sir
  • #832,546
  • Sep 5, 2013 12:22am Sep 5, 2013 12:22am
Quoting Mr Hatch
{quote} Oh my, there it goes...

My stop is now 3177. Maybe I should move it a tad higher as we might bounce back to that level?
  • #832,547
  • Sep 5, 2013 12:29am Sep 5, 2013 12:29am
Quoting forexalien
The Daily is short and the H4 will retest the bottom and range until the Daily finds a bottom.................. Weekly is mixed and the Monthly is long...............keep these in mind.........
The Daily is short and the H4 will retest the bottom and range until the Daily finds a bottom
The More You Learn, The More You Earn.....
  • #832,548
  • Sep 5, 2013 12:30am Sep 5, 2013 12:30am
Quoting Mr Hatch
{quote} Oh my, there it goes... P.S.: Does anyone know of a method to tell MT4 to set up 2 or 'x' identical trades or copy an existing pending order?
Have you tried a trade copier with the reciever as the same account as the sender?

That was a fun bo, 20 pip t/p. Its a simple system but it works.
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As the lights go by so too do the shadows move
  • #832,549
  • Sep 5, 2013 12:31am Sep 5, 2013 12:31am
Quoting Mr Hatch
{quote} Oh my, there it goes... P.S.: Does anyone know of a method to tell MT4 to set up 2 or 'x' identical trades or copy an existing pending order?
Use ea or script. In mobile right now, maybe some coder here like to help. Pm if you still don't have it in the next 3 hours, I should be at home

Ps: I aim for 3075 in this short. Won't be too active around here as my data quota is below 100mb until ssept 21th.
  • #832,550
  • Sep 5, 2013 12:44am Sep 5, 2013 12:44am
Quoting Chicky
{quote} Yen kissed 100 (almost)
nikkie rejected @ 50% again may be south
Mohan
  • #832,551
  • Sep 5, 2013 1:00am Sep 5, 2013 1:00am
Quoting mohan76
{quote} nikkie rejected @ 50% again may be south
short @ 99.99 just liked the number
“Don't cry because it's over, smile because it happened.”
  • #832,552
  • Sep 5, 2013 1:06am Sep 5, 2013 1:06am
Quoting gatorinla
{quote} 3327 and 3102 are the same to me. both counter places where getting to them, the direction may change. not a prediction.. just a place to look for normal.. in the st 3177 is one of those. even if its in a bullish mood
I'm seeing this.. Bounce off the norm & bull target @ 3234
[M15 Chart]
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  • #832,553
  • Sep 5, 2013 1:13am Sep 5, 2013 1:13am
Shit can you imagine? I just woked up and I'm still not banned and 500 bucks richer because of long Swissy..
New voice message: Why are you calling me? If I need you, I'll call you!
  • #832,554
  • Sep 5, 2013 1:13am Sep 5, 2013 1:13am
Quoting OfWolfAndMan
{quote} I'm seeing this.. Bounce off the norm & bull target @ 3234 [M15 Chart] {image}
i saw this.. but it's such a small move.. could be a lying one... There's a um near 1.3230 i think..
it is highly likely that i'm wrong... so dont follow me!
  • #832,555
  • Sep 5, 2013 1:15am Sep 5, 2013 1:15am
Quoting KillerWhale
Shit can you imagine? I just woked up and I'm still not banned and 500 bucks richer because of long Swissy..
damn
  • #832,556
  • Sep 5, 2013 1:20am Sep 5, 2013 1:20am
Quoting flam
{quote} i saw this.. but it's such a small move.. could be a lying one... There's a um near 1.3230 i think..

I think we are moving lower, 310x..ish min, but these ones give entries with lower pip-wise risk, I'm using these for scalps often.
  • #832,557
  • Sep 5, 2013 1:24am Sep 5, 2013 1:24am
Hey does anyone know this girl?
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New voice message: Why are you calling me? If I need you, I'll call you!
  • #832,558
  • Sep 5, 2013 1:26am Sep 5, 2013 1:26am
Quoting OfWolfAndMan
{quote} I think we are moving lower, 310x..ish min, but these ones give entries with lower pip-wise risk, I'm using these for scalps often.

Like this..
Attached Image
  • #832,559
  • Sep 5, 2013 1:26am Sep 5, 2013 1:26am
Well, we bounced off of the 0.0 fib retracement on my 15min chart and headed back up to 3177. Therefore, my stop loss went off.

Shame, I would have enjoyed going to bed wondering how I'd wake up in the morning, but an easy $100.00 makes sleep that much sweeter.
  • #832,560
  • Sep 5, 2013 1:46am Sep 5, 2013 1:46am
IF 313x low holds up then the upside correction target in now reduced from 3280 to 3230/60 zone based on the hourly correction scenario.
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