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  • #880,261
  • Mar 2, 2014 3:28am Mar 2, 2014 3:28am
Quoting aarontdang
Somehow I keep reading these posts here. Everyone is talking a lot and a lot of charts. But on demo accounts and keep talking. Show your trade explorer on live account. You surely will get more respect..
Who's caring about respect? If I trade multiple lots on my live acc., do you think I would be silly enough to put my monetary value on a such a public website or even care what people think? Trading is hard work and this site is just a thing on the side. Imo in most cases if someone has time to invest on trade explorer's etc they are either not serious with their trading or require their ego to be filled. I post my charts here and expect people to be intelligent enough to make up their own minds. If someone disagrees with my analysis I am more than interested in their thoughts and their view points. I don't remember reading your analysis and certainly can't find any in your recent history.
Imagine this too. What if someone was a newb on demo sharing their thoughts, are they banned from making a comment on this site cos they're not pro but instead are learning and wanting feedback from the more experienced?

Just some things to think about.
As the lights go by so too do the shadows move
  • #880,262
  • Mar 2, 2014 4:42am Mar 2, 2014 4:42am
On the weekly chart, I see 2 conflicting views. There is the down trendline in red, and also the up trendline in green. Which trendline shall prevail? My inclination is for the down trendline to hold EURUSD.


http://i59.tinypic.com/15hc01z.png




There is a bearish bat harmonic pattern on the 4hr chart. This looks like a suitable location to enter short.


SHORT EURUSD 1.3840-50
SL 50pips
TP 1.3700


http://i57.tinypic.com/2zocg92.png
  • #880,263
  • Mar 2, 2014 6:22am Mar 2, 2014 6:22am
Quoting gatorinla
{quote} dec jan pa,,days high is 1/4 mark, the low is here also. back to 3823.2 would{image} be tempting to s.
yes
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #880,264
  • Mar 2, 2014 7:00am Mar 2, 2014 7:00am
Quoting Matts Micro
{quote} Yah been watching that monthly closely. We have a daily BO (blue) but the weekly (red) and monthly (yellow) are yet to be breached and could be an extreme resistance/supply level. There are pips to be made in this scenario imo, but caution needs to be adhered, to not to preempt the markets move and wait for a clear sign of direction. Using MM it could be a good place to sell a low risk trade with a SL above the monthly and have a long ready in case the the market wants to head for the BO. All depending on what Monday's opening price has...
yes. btw how to draw your current chart trendline?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #880,265
  • Mar 2, 2014 7:12am Mar 2, 2014 7:12am
Quoting aarontdang
Somehow I keep reading these posts here. Everyone is talking a lot and a lot of charts. But on demo accounts and keep talking. Show your trade explorer on live account. You surely will get more respect. I-Robo .... I like his profit curve... However, Just showing the curve doesn't meant anything. Show your trade explorer, we all made mistakes. I know there's a time when a trade goes against you badly and you keep holding it. And you got lucky it turn around. But most people here doesn't get that lucky...

A lot of people ( me included ) don't feel comfortable allowing FF access to their account. If hackers can penetrate big companies like Target and Sony. why add another exploit option with Trade Explorer which can very well be a conduit for a breach of privacy etc. A lot of people ( me included ) don't use metatrader, Trade Explorer needs it. Trade explorer is a nice toy but very restrict on telling you who is a good trader who is not. Some graphs look really good for 3 or 6 months than are bust on the next. People show their explorer when they are in profit and hide it when the losses come. There is no difference between a 2M dollar account and a 100 bucks account. Small accounts work pretty much as demo, since the pressure is very small but the statistics can look great. The list of reasons of its inefficiency can go on and on. Anyways if you are here to learn how to trade I don't think you are in the right place. Where FF shines and (especially the EUR/USD) thread is in crowd psychology. If you follow the posts and watch the market you can learn a lot on how the masses react when volatility kicks in. And what happens here is a "in vitro"of what happens in the rest of the world.
So, you think you have rights? LOL
  • #880,266
  • Mar 2, 2014 7:44am Mar 2, 2014 7:44am
user respect has been suspended by senior member coz spamming nonsense.

owh btw, from newbie view. newbie have it hard to understand the chart posted by others becoz different method they are using and becoz limitation of the newbie knowledge.

case study is on me.
i still don't understand the method that gatorinla and chicky used.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #880,267
  • Mar 2, 2014 8:27am Mar 2, 2014 8:27am
I'm getting really really bored to write a new tech analysis of EURUSD ... i can quote the same chart i posted 3 months ago with the same levels without changing anything. Anyway, this is a more elaborate analysis three weeks ago, which is still valid and will continue to be valid for least a month
http://www.forexwhales.com/eurusd-euro-index-die/

Quote
EURUSD, EURO Index : Do or Die ?
February 10, 2014 Technical Anaylsis
EURUSD & Euro Index , 2nd week of February 2014 technical outlook
1.36 area on EURUSD has proven to be the most interesting price level so far. Though, the price level is almost at a yearly high ( 1.36 Feb 2013 high ) price is ranging , as if its at yearly lows. Lack of continuous selling pressure is clearly obvious. The price has been perfectly ranging around it, since 3rd of January 2013. Price has printed approximately 130 Pips up and down , almost a perfect range. Weekly chart are almost ranging too, with one week up and the other down.
"It's the Margin, Stupid."
  • #880,268
  • Mar 2, 2014 8:35am Mar 2, 2014 8:35am
All I'm really saying is that if you're trading small and in demo.
Don't act like you're all that, you can show all kinds of charts.
But in reality, you don't really know what live trading is really about.

I meant if I was trading $1/pip...
I wouldn't cares if it goes against the trend much.
But $10/pip is totally different.

I have blew so many accounts.
One thing I learned is that need to use SL
No matter how good you're.

Also, never pickup top or bottom.
Because there's none!

Big Big Boys are knew about our top or bottom on the charts.
They make sure, they will take it out.

I still the best way to trade is follow the trend.

If it went up, wait until it settle down at certain point.
And then buy it ... Same thing is sell....

I also see that chart in is in W shape ... no matter what timeframe.

I'm not a Pro or expert, I"m just sharing How I keep blowing up my accounts without SL.
  • #880,269
  • Mar 2, 2014 9:13am Mar 2, 2014 9:13am
Quoting ud1nh0
{quote} yes. btw how to draw your current chart trendline?
Hi. TL's can be difficult and there are many ways to draw them. My method is I tend to stick to pre-drawn lines so they may not appear exact but if the history is matching current prices I tend to keep them until they seem irrelevant. I may move them by a few pips to make them fit but not by much. I also lean them away from bo points to avoid false bo's. The daily line was pre-drawn before pa came to meet it 9 days ago. The weekly TL isn't easy to see where it comes from but if you check my earlier postings you can see it on the weekly chart. On a side note, the chart I posted the lines are a bit rough as it's not my main chart and I just copied the points for a general indication. I do this to not confuse the posted chart with my own personal markings and indicators that will have no meaning to others.
As the lights go by so too do the shadows move
  • #880,270
  • Mar 2, 2014 9:19am Mar 2, 2014 9:19am
Quoting Vachus
I'm getting really really bored to write a new tech analysis of EURUSD ... {quote}
This one is last week, it has better levels and charts. ( The same bias , same everything ) http://www.forexwhales.com/euro-tech...k-of-feburary/
* I apologize for having to share old stuff, but this has been the story three months now.
"It's the Margin, Stupid."
  • #880,271
  • Mar 2, 2014 9:48am Mar 2, 2014 9:48am
After back to trendline run to 76%?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshots_2014-03-02-16-40-17.png Size: 274 KB
  • #880,272
  • Mar 2, 2014 10:07am Mar 2, 2014 10:07am
Quoting Mrdj
After back to trendline run to 76%? {image}
i have 3780 here valid as top
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #880,273
  • Mar 2, 2014 10:27am Mar 2, 2014 10:27am
Quoting aarontdang
All I'm really saying is that if you're trading small and in demo. Don't act like you're all that, you can show all kinds of charts. But in reality, you don't really know what live trading is really about. I meant if I was trading $1/pip... I wouldn't cares if it goes against the trend much. But $10/pip is totally different. I have blew so many accounts. One thing I learned is that need to use SL No matter how good you're. Also, never pickup top or bottom. Because there's none! Big Big Boys are knew about our top or bottom on the charts. They make...
I agree SL's are paramount to trading. Sure you can trade without one as long your monitoring the market but even so a fail safe SL is needed in case of a black swan event, if you trade long enough it will happen. Dollars to all people is relative. A $1000 account could be a large account for some and yet 100k account mean not much to others. Trend trading is a good strategy but tops and bottoms can be picked with experience too. I quite like tops and bottoms due to the low risk of the trade. I can make quite a lot of money off them but for me it is hard work, ie following the 5 minute chart for a week or 2 I can see the patterns emerge and with all current TL's can see when the market may turn. It may mean more loses but the SL's can be quite tight and when a correct trade is made it can be quite profitable. There are many ways to trade, there's no right or wrong but what ever works for the individual.

GL
PS. pls use your SL's and remember correct money management, you may not win today or tomorrow but if you can stay in the game long enough you'll get there eventually.
As the lights go by so too do the shadows move
  • #880,274
  • Mar 2, 2014 11:30am Mar 2, 2014 11:30am
This is how i see EU, i think now we are in decision time.
if it breaks declining tl and also 61.8 fibo level, it can rises more to it's next target, but if it fails to break bearish tl and important 61.8 fibo level, it may drops hard.
Also fundamentally, euro is not at a good situation as we hear bad news from ukraine
I am watching it closely for sell opportunities
Attached Image (click to enlarge)
Click to Enlarge Name: EU_Monthly.PNG Size: 37 KB
  • #880,275
  • Mar 2, 2014 11:42am Mar 2, 2014 11:42am
Inserted Video


Russians are coming....
  • #880,276
  • Mar 2, 2014 12:02pm Mar 2, 2014 12:02pm
Quoting Pipsforall
{quote} Sage advice, I blew up 2 accounts and lost $15,000 not using stop losses. That was many years ago, now I always use stop losses and take profits. It takes all the emotions out of it. If I get taken out, at least I don't get wiped out and with take profits I'm no longer a pig and watch my big gains evaporate as the trade comes back to my entry point because I thought I was going to become a millionaire on the trade. lol The great thing about forex is there is always another train leaving the station, so if my sl or tp is hit, no worries,...
  • #880,277
  • Mar 2, 2014 12:10pm Mar 2, 2014 12:10pm
Quoting Matts Micro
{quote} Who's caring about respect? If I trade multiple lots on my live acc., do you think I would be silly enough to put my monetary value on a such a public website or even care what people think? Trading is hard work and this site is just a thing on the side. Imo in most cases if someone has time to invest on trade explorer's etc they are either not serious with their trading or require their ego to be filled. I post my charts here and expect people to be intelligent enough to make up their own minds. If someone disagrees with my analysis I am...
I totally agree with you. Don't expose yourself. You are inviting unwanted guest.

  1. Share your thoughts
  2. Share your charts (if others understand). I shared my crazy chart once and ppl don't like it
  3. Share one or two positions with your reasons when market is unpredictable

  • #880,278
  • Mar 2, 2014 12:15pm Mar 2, 2014 12:15pm
meh
1st interbank quotes are little changed - so the apparent ww3 did fuck all to major FX rates
  • #880,279
  • Mar 2, 2014 12:20pm Mar 2, 2014 12:20pm
Hello every one..i been busy, and will be for another few weeks. hope you all having fun here?
i see a little gap down already
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #880,280
  • Mar 2, 2014 12:35pm Mar 2, 2014 12:35pm
3914 sometime next week (not this one starting today)... then short maybe with appropriate daily PA.
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