The Market is Cuckoo | Page 23 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

market Theory 101 Supply and Demand,Market Cycles 7 replies

Market Makers or Market Gamers? 0 replies

One Flew Over the Cuckoo's Nest 14 replies

Market Size (S+P 500 compared to Forex Market?) 0 replies

Time in the Market, Beats Timing the Market? Does this work in FX?? 7 replies

Attachments: The Market is Cuckoo
Exit Attachments

The Market is Cuckoo

  • #441
  • Mar 27, 2014 11:18am Mar 27, 2014 11:18am
The 8-rhythm - outgoing wave
Swinging Trade
EURUSD, Long @ 1.3735

I expect an end of this retracement in a stong weekly & monthly upward trend.

EURUSD, Daily, 2014 March 27
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, Daily, 2014 March 27.jpg Size: 74 KB
  • #442
  • Mar 27, 2014 11:19am Mar 27, 2014 11:19am
PO EURUSD, Long @ 1.3718 (2x)
  • #443
  • Mar 27, 2014 11:24am Mar 27, 2014 11:24am
Hi Forex Cube, You had some EUR/USD sell position but old ones. I thought you are only buying the pair. Now seriously, as you know the EUR/USD then you should trade USD/CHF as the exact opposite. If you have not looked at that chart is the exact opposite of the EUR/USD. I was afraid today that USD/CHF my break on the up side sinking the EUR/USD. But by your words that is not going to happen, and EUR is LONG, right? Thanks
  • #444
  • Edited 11:46am Mar 27, 2014 11:32am | Edited 11:46am
Quoting matheszabi
{image} Why long? I don't like the current market conditions, but I see they touched 4x a support level and couldn't jump up so high. Todays Super Mario's lie had a spike in both directions, but I think we will be closer to 1.375 - 1.37 in this days.
And here is the 1.375-> 1.37 zone

Around 1.3650 the bull will push a bit( up to this level), if is touched the 1.3650.

I am setting buy limits under 1.37: 1.3670 1.3640 and so on.

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-03-27 at 18.36.21.png Size: 62 KB




http://www.forexfactory.com/showthre...25#post7363725
I want to buy PATIENCE
  • #445
  • Mar 27, 2014 1:27pm Mar 27, 2014 1:27pm
Inserted Video

The Correct Way To Trade With The Trend
  • #446
  • Edited 1:54pm Mar 27, 2014 1:40pm | Edited 1:54pm
Quoting Senan7
Hi Forex Cube, You had some EUR/USD sell position but old ones. I thought you are only buying the pair. Now seriously, as you know the EUR/USD then you should trade USD/CHF as the exact opposite. If you have not looked at that chart is the exact opposite of the EUR/USD. I was afraid today that USD/CHF my break on the up side sinking the EUR/USD. But by your words that is not going to happen, and EUR is LONG, right? Thanks
Hi Senan7!
I trade the URUSD predominantly Long currently, that's right!
The old trades Short were also in the market. Why not? The market is cuckoo since several months & I think sudden abrupt price movements in any direction will also happen in the future. So you could also execute some EURUSD shorts at 1.3750 yet or so and let it run in the future. It's absolutely equal if you go long or short long term, your orders could only run in the winning zone long term. The rest is money management. The price has a historical volatility from 1.2150 to 1.49/51/57.
The main focus should be at the moment if the monthly resistance line from 2008.07.01 - 2011.05.01 & 2014.03.01 will be broken this or next month and the chances seems extremely great, IMO. If the monthly candle of march will shaping out a shooting star (like it's just now) then we can get a great problem.

Let me say another thing, please. If the market will turn against you. Keep the faith! Stand your ground! Plan your trades and trade your plan!

And see also critical aspects against your own trade decisions always, e.g. by monitoring the monthly chart an outbreak at both direction could become a reality due to the historical triangle.

Kindest regards!
FXcube

EURUSD, Monthly, 2014 March 28
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, Monthly, 2014 March 27.jpg Size: 127 KB
  • #447
  • Mar 27, 2014 1:49pm Mar 27, 2014 1:49pm
Quoting Senan7
Hi Forex Cube, You had some EUR/USD sell position but old ones. I thought you are only buying the pair. Now seriously, as you know the EUR/USD then you should trade USD/CHF as the exact opposite. If you have not looked at that chart is the exact opposite of the EUR/USD. I was afraid today that USD/CHF my break on the up side sinking the EUR/USD. But by your words that is not going to happen, and EUR is LONG, right? Thanks

Where I have say this? Could you refer to, please!
FXcube
  • #448
  • Mar 27, 2014 2:24pm Mar 27, 2014 2:24pm
Hi Forex Cube, you have not said this directly. I made a presumption that you think that EUR/USD long, since you advice to open only long positions. Ofcourse the strategy here is mostly scalping so its not for the very long term. It was my own assumption. Apologizes, if I have made you angry. It was a difficult day for me.
I am going to watch the video, to learn something new. Thanks again. Let me know if my apology is sufficient for you.
  • #449
  • Mar 31, 2014 5:47am Mar 31, 2014 5:47am
Quoting Forexcube
PO EURUSD, Long @ 1.3718 (2x)
#442

Today's L 1.37163, The PO has triggered.
Exit @ 1.3790, +72 (x2 = 144)
  • #450
  • Mar 31, 2014 5:50am Mar 31, 2014 5:50am
Quoting Forexcube
EURUSD, Long @ 1.3763 (3x)
#434

Exit @ 1.3790, +27 (x3 = 81)
  • #451
  • Mar 31, 2014 9:13am Mar 31, 2014 9:13am
USDJPY, Short @ 103.28
  • #452
  • Mar 31, 2014 9:15am Mar 31, 2014 9:15am
Quoting Forexcube
EURJPY Long @ 141.13 ... & waiting for 140.85 (S1) for taking several longs more. I try to trade some overlaping daily candles. With regad at higher time frames it seems necessary to set a Stop Loss in this case. Why? Due to the fact that the higher timeframes (weekly & monthly) are signalizing an extremely ambigous situation. The market price was moving up a country mile & seems to consolidate in the middle of the long term trend (compare with #380, please). Nobody knows if here could develope a retracement or a revearsal or a consolodation phase....
#378

Exit @ 1.4250, +137
  • #453
  • Mar 31, 2014 9:20am Mar 31, 2014 9:20am
Quoting Forexcube
EURJPY Long @ 141.13 ... & waiting for 140.85 (S1) for taking several longs more. I try to trade some overlaping daily candles. With regad at higher time frames it seems necessary to set a Stop Loss in this case. Why? Due to the fact that the higher timeframes (weekly & monthly) are signalizing an extremely ambigous situation. The market price was moving up a country mile & seems to consolidate in the middle of the long term trend (compare with #380, please). Nobody knows if here could develope a retracement or a revearsal or a consolodation...
#378

2014 March 28, L 139.948
PO has triggered @ 140.85
Exit @ 142.50, +165 (x3/x5 = 495/815)
  • #454
  • Mar 31, 2014 9:30am Mar 31, 2014 9:30am
Quoting Forexcube
USDJPY, Short @ 103.28
#451

Exit @ 103.20, +8
  • #455
  • Mar 31, 2014 9:34am Mar 31, 2014 9:34am
Quoting Senan7
Hi Forex Cube, you have not said this directly. ...
#447, #448

I didn'd say that!
FXcube
  • #456
  • Mar 31, 2014 9:39am Mar 31, 2014 9:39am
Likelihoods - Long Term Investments
Foreign currency trading is to trade with probability scale. Nothing is sure, say in which direction the price will move when you enter in the market.
Here it seems more the slogan "the market is cuckoo"!
So be aware that forextrading is high risk trading so you have to be able to withstand hard times.
I manage my deposits on "long term accounts" (target +20 - +100% per year) that I can counterbalances losses till -800 - -1000 pips per trade.
Kindest regards!
FXcube
  • #457
  • Mar 31, 2014 9:50am Mar 31, 2014 9:50am
Quoting Forexcube
Scalping Trade EURUSD, Long @ 1.3794 (10x), Target @ 1.3804
#427

The target was triggered.
Exit @ 1.3804, +10 (x10 = 100)
  • #458
  • Mar 31, 2014 10:42am Mar 31, 2014 10:42am
EURUSD, Long @ 1.3780, Target @ 1.3852 (DR3)
  • #459
  • Mar 31, 2014 12:29pm Mar 31, 2014 12:29pm
EURUSD, Long @ 1.3770 (2x), Target @ 1.3813, (DR2)
  • #460
  • Mar 31, 2014 12:47pm Mar 31, 2014 12:47pm
Inserted Video

Klaverkoncert A-mol op 16 (1868) Edvard Grieg - Alice Sara Ott - DRSymfoniOrkestret-T. Dausgaard
2 traders viewing now