EURUSD | Page 43164 | 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

  • #863,261
  • Dec 12, 2013 3:00pm Dec 12, 2013 3:00pm
Quoting OctaveJay509
{quote} I went through your rant my friend and if I take the time to answer all your questions/concerns , I won't have enough lines here to reply back to you...Anyway, I am going to do my best and touch a few things for the sake of argument.... First of all, just because the market is open 24/5 doesn't mean that you HAVE to trade every hour... As a Trader or even a smart trader, you have to develop your own routine, precisely know what you trade, when to trade it and how to trade it.... Since there are 3 open hours sessions in the market, you pick...

Well actually very good n sensible words .Ur trade plan is good if u keep it that way u wrote. Better money management,good risk rewards ratio can move u forward quick .I personally m addicted to scalps but at the same time i make intra week swing trades my scalping ratio is no more the 40% win 60% lose (2013) But those lots which i keep after catchn a trend from start gets me going n earning some
Among all my friends i see more survivors which are not scalpers. but there are always exceptions .anyway good luck
MMMYYYKKK
  • #863,262
  • Dec 12, 2013 3:03pm Dec 12, 2013 3:03pm
Quoting Vachus
{quote} Hey Candle, hope things are going well for u. Well, you know the date is not curved in stone - we gonna have to go throw the FOMC buying euphoria first but i'm don't understand what u mean with the bold part ! In any case, i'm slightly sure about the data - it has nothing to do with end of month wind dressing and booking profits ..

Hi Vachus,

things are running perfectly although I lost some time (=money not made enough!) during the last weeks. But this week is looking cool (30%). BTW one of my supersigns showed up which means we are going down in the nearer future (immediately or in one or two weeks). So starting to short around this region is safe if you donīt overleverage. But maybe PA is aiming for higher prices in the meantime (can still go up 180 - 250 pips), so your high aim of 1.39xx might come true, but ignition for going down has started.
I understand your date 20th + x of December, should be the end of this cycle. I have the same opinion.

Time will tell, good luck!!!

P.S.: On the 4th of January 2013 a down cycle started (you asked for that).
  • #863,263
  • Dec 12, 2013 3:06pm Dec 12, 2013 3:06pm
Quoting chazzle
{quote} lovely jubbly
Thank you. How are you doing mate, getting ready for the break? Do you stop much trading much during the holiday?
Wherever you go, there you are.
  • #863,264
  • Edited 3:26pm Dec 12, 2013 3:08pm | Edited 3:26pm
Quoting ffleo
{quote} I do not think it works that way. If you cannot sell a book for $100, you will sell it for $50 or $10 to get rid of it. If nobody wants the book and you do not want it either, you will sell it for 2 cents. Its value immediately diminishes from $100 to 2 cents. This means the current value of spx is bubble, it is not real value, it can evaporate fast. But a physical gold will not evaporate. Or a ton of grains will not evaporate.
ffloe, Value is a concept which is shaped by perception. Perception differs leading only to different perspectives of the same only concept everyone values ... thus, there is nothing called " actual value , fair value, overestimated value and underestimated value". So, what late economists call " growth " is in deepest simplicity, early psychologist would name " growing madness ". So, gold or anything else subject to trading might not disappear - but desert sands are physcial and worthless at same time.

Once something became subject to add / subtracted value, everything is possible ...

A kile gram of gold is no difference that a share block of XYZ company - they both are subject to demand/supply curve .

Quoting CandleStar
{quote} Hi Vachus, things are running perfectly although I lost some time (=money not made enough!) during the last weeks. But this week is looking cool (30%). BTW one of my supersigns showed up which means we are going down in the nearer future (immediately or in one or two weeks). So starting to short around this region is safe if you donīt overleverage. But maybe PA is aiming for higher prices in the meantime (can still go up 180 - 250 pips), so your high aim of 1.39xx might come true, but ignition for going down has started. I understand your date 20th + x of December, should be the end of this cycle. I have the same opinion. Time will tell, good luck!!! P.S.: On the 4th of January 2013 a down cycle started (you asked for that).

Well, i kind of have the same opinion - but the feds thing is really screwing everything over. In any case, Euro is pretty much lagging behind - it was suppose to touch 1.40 like last year during the QE doubling and solving the debt sovereign debt issue. The perception is changing and markets are going really off track ... its hard to convince someone he is going in the wrong direction, while he clicks buy and make money.

* You know, honestly i wasn't planning to share that - but i saw many people shorting really hard 1.34/1.35 mid November .. was trying to warn them ! But, they went off each other like penguins sliding on ice.
"It's the Margin, Stupid."
  • #863,265
  • Dec 12, 2013 3:16pm Dec 12, 2013 3:16pm
Quoting milam
{quote} Thank you. How are you doing mate, getting ready for the break? Do you stop much trading much during the holiday?
prob next friday for 2 weeks min. I have traded throughout in the past but not worth it imo, market harder to predict, and whipsaws etc
  • #863,266
  • Dec 12, 2013 3:34pm Dec 12, 2013 3:34pm
Short EJ @ 142.163
A good trader follows his rules, but great trader knows when to break them
  • #863,267
  • Dec 12, 2013 3:38pm Dec 12, 2013 3:38pm
Quoting myelbow4
just went short targeting 1.36
nice! what price didi you sell at?
  • #863,268
  • Dec 12, 2013 3:39pm Dec 12, 2013 3:39pm
Quoting ill_be_back
Short EJ @ 142.163
guys can we stick to Eur/Usd in this thread?
  • #863,269
  • Dec 12, 2013 3:40pm Dec 12, 2013 3:40pm
nice... UJ just made new daily high (3/12/13) 20 min before daily closes
As the lights go by so too do the shadows move
  • #863,270
  • Edited 4:01pm Dec 12, 2013 3:44pm | Edited 4:01pm
Quoting chazzle
Bought some UJ for b/o attempt - shitty time to trade, but if it's moving it's moving
UJ M15

I'm about done
Attached Image (click to enlarge)
Click to Enlarge Name: UJM15.PNG Size: 46 KB
  • #863,271
  • Dec 12, 2013 3:46pm Dec 12, 2013 3:46pm
Quoting chazzle
{quote} prob next friday for 2 weeks min. I have traded throughout in the past but not worth it imo, market harder to predict, and whipsaws etc
Have a wonderful one..
Wherever you go, there you are.
  • #863,272
  • Dec 12, 2013 3:49pm Dec 12, 2013 3:49pm
Quoting chazzle
{quote} UJ M15 I'm about done {image}
I covered my second lot @ +52, also my first lot with EJ @ +47.7...
Attached Image
Wherever you go, there you are.
  • #863,273
  • Dec 12, 2013 3:51pm Dec 12, 2013 3:51pm
Quoting milam
{quote} Have a wonderful one..
thanks - and you
  • #863,274
  • Dec 12, 2013 3:58pm Dec 12, 2013 3:58pm
Quoting milam
{quote} I covered my second lot @ +52, also my first lot with EJ @ +66... {image}
very nice - spend it!
  • #863,275
  • Dec 12, 2013 4:41pm Dec 12, 2013 4:41pm
The eurusd this a camouflaged walk to go play 1.45 so not see who does not want to.
  • #863,276
  • Dec 12, 2013 4:43pm Dec 12, 2013 4:43pm
Quoting Matts Micro
nice... UJ just made new daily high (3/12/13) 20 min before daily closes
multi-month high. on way to make new yearly high. bang bang bang, up up.
time of dollar bullish coming.
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #863,277
  • Dec 12, 2013 4:46pm Dec 12, 2013 4:46pm
Quoting OctaveJay509
Last but not least, if you are simply looking for opportunities in this market, you will always doubt yourself because there are too many opportunities every single day or even hour....
This was an awesome read. Not for the reasons that you actually got single point right, but because you actually have a base.

The real fact of the matter is that you have an idea, seemingly almost informed, but so muddled that it is barely cohesive and wouldn't surprise me if this turned you into a loser on more trades than winner.

In fact, I would go so far as to say, that after you have gone through your analysis, and finally taken a trade, your stops are so tight that you are gone in the first 10, either direction, but in more cases than not, you have a vein that pops out of your temple and you get prickly armpits everytime you hit the trigger.

You should print your post out. And then paste this some place visible from your trade station. Do this to track your trail in trading.

As you come across the reasons that each of these statements is completely wrong, cross them out and correct them! And then, once you have a new statement, go paste it up and correct it again. And Again. And Again!

The first place you should start, is your last but not least statement. If you are trading supply and demand or support and resistance, the exact thing you should be waiting for are opportunities. Your same mistakes, over and over will disappear when you have gained both discipline and confidence. This, I would recommend you do in demo, (if you are not already) because it would seem to me that right now, you would only be giving money away.

Once you have a steady track record, once you have gained some confidence and once you can exercise enough restraint to wait for opportunity, go back to trying in a live money situation.

Then you won't have to hope for a better day.

They will just be, better days.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #863,278
  • Dec 12, 2013 4:51pm Dec 12, 2013 4:51pm
Quoting ffleo
{quote} multi-month high. on way to make new yearly high. bang bang bang, up up. time of dollar bullish coming.
Lol yah ...all I want to do is go to bed. Pulled a 24hr'er but as they say ... gotta make hay while the sun shines
As the lights go by so too do the shadows move
  • #863,279
  • Dec 12, 2013 4:56pm Dec 12, 2013 4:56pm
Quoting ffleo
{quote} multi-month high. on way to make new yearly high. bang bang bang, up up. time of dollar bullish coming.
when UJ breaks 103.7, watch the reaction of euro and cable.

Attached Image (click to enlarge)
Click to Enlarge Name: djdollar_269.png Size: 15 KB
ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #863,280
  • Dec 12, 2013 5:04pm Dec 12, 2013 5:04pm
Quoting KecoaKecil
{quote} You win EU short yesterday, come on..
sorry late reply.
no i rarely close my trades, usually the trade closed by sl. tonight i gamble buy sl 3737 and 3735. one of them closed. short still not closed yet..waiting sl
u wake up till 1 am?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
1,467 traders viewing now