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EURUSD

  • #839,181
  • Sep 30, 2013 9:03pm Sep 30, 2013 9:03pm
government shutdown ordered
  • #839,182
  • Sep 30, 2013 9:04pm Sep 30, 2013 9:04pm
Quoting Magix
{quote} The Ask Line?
lol. So thats what it was. Sorry for the stupid question. I just put it on a crappy broker's platform and didnt see it move at all while looking at it.
  • #839,183
  • Sep 30, 2013 9:06pm Sep 30, 2013 9:06pm
Quoting SpacyTrader
{quote} My first thought was that when price was above 288 on M5 and below 288 on M1 you'd take long trades and when its below 288 on M5 and above it on M1 you'd short. You tried this approach too ? It might better insure you enter on a retracement in the direction of the trend.
I always wait for a trend to confirm. Tripping retracement, I work on price below the 200 on M1 and watch for confirmation on that.

Think of it like this.

Long on M1, M5 - Trend
Short on M1, Long on M5 - Counter Trend
Short on M1, M5 - Trend
Long on M1, Short on M5 - Counter Trend.

There is direction and immediate direction. Playing the fast charts, you can see a little more and applying to the long charts, you can see bigger scores.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #839,184
  • Sep 30, 2013 9:06pm Sep 30, 2013 9:06pm
http://www.cnn.com/


SHUTDOWN. NOW WHAT?
A good trader follows his rules, but great trader knows when to break them
  • #839,185
  • Sep 30, 2013 9:07pm Sep 30, 2013 9:07pm
Quoting SpacyTrader
{quote} lol. So thats what it was. Sorry for the stupid question. I just put it on a crappy broker's platform and didnt see it move at all while looking at it.
Fuck man, better to ask and know than to not ask and assume incorrectly.

I could have left a s/d line on the tpl...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #839,186
  • Sep 30, 2013 9:07pm Sep 30, 2013 9:07pm
unlikely.. the h closed above 3533... i would like 3579.3+ closed this current h. if not 3576 touch ok
those who can, do. those who cant, talk about those who can
  • #839,187
  • Sep 30, 2013 9:07pm Sep 30, 2013 9:07pm
depends whether the world still sees the dollar as a safe haven
  • #839,188
  • Sep 30, 2013 9:10pm Sep 30, 2013 9:10pm
Quoting Magix
{quote} I always wait for a trend to confirm. Tripping retracement, I work on price below the 200 on M1 and watch for confirmation on that. Think of it like this. Long on M1, M5 - Trend Short on M1, Long on M5 - Counter Trend Short on M1, M5 - Trend Long on M1, Short on M5 - Counter Trend. There is direction and immediate direction. Playing the fast charts, you can see a little more and applying to the long charts, you can see bigger scores.
On the other hand if you take trades when both TF align you can either enter too late, get such big moves against you that you get a SL or else get faked out in breakout trades. Only way thats not an issue is if you grid trade it like you suggested.
  • #839,189
  • Sep 30, 2013 9:12pm Sep 30, 2013 9:12pm
Quoting Magix
{quote} Fuck man, better to ask and know than to not ask and assume incorrectly. I could have left a s/d line on the tpl...
I actually considered that but then saw I couldn't select and delete it. I was mystified. lol
  • #839,190
  • Sep 30, 2013 9:13pm Sep 30, 2013 9:13pm
Quoting ill_be_back
http://www.cnn.com/ SHUTDOWN. NOW WHAT?

they have to switch it on
Mohan
  • #839,191
  • Sep 30, 2013 9:13pm Sep 30, 2013 9:13pm
Quoting gatorinla
3514/17 may be a support.. although 3518/20 is also one.. a nice small risk base. at 3518 atm..

tp a few and b.e.
those who can, do. those who cant, talk about those who can
  • #839,192
  • Sep 30, 2013 9:17pm Sep 30, 2013 9:17pm
Quoting SpacyTrader
{quote} On the other hand if you take trades when both TF align you can either enter too late, get such big moves against you that you get a SL or else get faked out in breakout trades. Only way thats not an issue is if you grid trade it like you suggested.

And then the next things to consider, if not in grid of sorts is range and spread. Especially working off the faster TFs.

I have traded similar for the last several years and have began my journey into coding over the last year. I have tried several thousands of variations of trigger to find something close to consistent...because I prefer the M1, it is where I trigger best.

Have a look at the code in the EAs posted on my thread, I think you will see what I mean.

Filtering the M1 with an M5 bollinger and still waiting for greatly Overbought and Oversold areas to trigger. Grid that shit up and work in a trailing stop and it's still nothing close to perfection. A lot of risk, but sure fun to watch and play with.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #839,193
  • Sep 30, 2013 9:20pm Sep 30, 2013 9:20pm
Quoting ill_be_back
http://www.cnn.com/ SHUTDOWN. NOW WHAT?

They'll have to shut down the national parks! How will the trees survive ? The entire US will turn into a desert without government employees ensuring it keeps raining to keep the plants alive.
  • #839,194
  • Sep 30, 2013 9:28pm Sep 30, 2013 9:28pm
Quoting SpacyTrader
{quote} They'll have to shut down the national parks! How will the trees survive ? The entire US will turn into a desert without government employees ensuring it keeps raining to keep the plants alive.

I'd think that more than worrying about the trees would be the new influx of people nursing off the public tit.

Getting past that the layoffs are coming for people that are considered, "Non-Essential" services, they would still actually be getting paid (unemployment insurance), but not have the same income generated from the services provided.

Psept the garbage men. Really, they collect garbage, no real cash grab in that industry. But, to consider them non-essential is lunacy!!!

Could never be one of them guys, but I sure appreciate their efforts!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #839,195
  • Sep 30, 2013 9:35pm Sep 30, 2013 9:35pm
Quoting Magix
{quote} I'd think that more than worrying about the trees would be the new influx of people nursing off the public tit. Getting past that the layoffs are coming for people that are considered, "Non-Essential" services, they would still actually be getting paid (unemployment insurance), but not have the same income generated from the services provided. Psept the garbage men. Really, they collect garbage, no real cash grab in that industry. But, to consider them non-essential is lunacy!!! Could never be one of them guys, but I sure appreciate their...
Yeah- shut down essential services to make it seem like the half the spending in the country that's done by the gov all goes to essential services and there's nothing that can be cut. Good thing they didn't make electricity "free" too- you can be sure that's what they would have cut first thing on the list.
  • #839,196
  • Sep 30, 2013 9:39pm Sep 30, 2013 9:39pm
Quoting SpacyTrader
{quote} Yeah- shut down essential services to make it seem like the half the spending in the country that's done by the gov all goes to essential services and there's nothing that can be cut. Good thing they didn't make electricity "free" too- you can be sure that's what they would have cut first thing on the list.
Much as I'd love to play armchair quarterback on this and beings how everybody got an opinion and all...

There are some tough decisions that are going to have to be made and I am glad to not be one of the people that have to make them.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #839,197
  • Sep 30, 2013 9:41pm Sep 30, 2013 9:41pm
Crazy GJ
New voice message: Why are you calling me? If I need you, I'll call you!
  • #839,198
  • Sep 30, 2013 9:43pm Sep 30, 2013 9:43pm
Quoting KillerWhale
Crazy GJ
Crazy AUD/USD
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #839,199
  • Sep 30, 2013 9:50pm Sep 30, 2013 9:50pm
That is a 5 minute charts ^
  • #839,200
  • Sep 30, 2013 9:51pm Sep 30, 2013 9:51pm
Quoting Magix
{quote} Much as I'd love to play armchair quarterback on this and beings how everybody got an opinion and all... There are some tough decisions that are going to have to be made and I am glad to not be one of the people that have to make them.
Yeah. When you run a bankrupt country with nearly half the population dependent on a government job or free benefits there's no way to fix things without a) enraging a large mass of voters or b) bring down the economy even more.

Frankly best case scenario is if they manage to kick a high inflation. They'd make wages more competitive, wipe out debt and make freebies more affordable. And if they let the real estate market collapse and foreclosures go through the lower wages would be compensated by greatly reduced rents and house prices. Alternatively- increase taxes and see more misery. But they're already talking about reducing corporate taxes in the US to make them competitive.
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