EURUSD

YW, btw ATR Level indi calculate only daily Atr levels and works on D1 and lower chart periods. It doesn't work above D1 chart period

My plan for the weekly setup to long E/A, waiting for A/U to hit R around .95 or somewhere around that - confusing part is E/U. Shorted E/A when A/U hit .920x @ 1.502x down to 1.4619x - thanks to Draghi otherwise it's going nowhere as A/U been in a tight range 150 pips. But nailed E/U from the top to the pip 1.39933 (on my feed high was 1.39934, spread 0.1 pip) down to 1.3850x didn't take it down to current level. Have 1.36451 on smaller TF as possible reversal but missed by few ticks + equities risk-off = confusing direction.

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what u got?
i said what i got , don't care about random posts and levels it's math

What math?! Are you using some type of a formula or a special Fibonacci numbers?!
* If you in such good confidence in this math, why you canceled the pending order 6 times yesterday?! ...

see ya all on Monday , holding longs on EU...think we have reached a consolidation zone on the daily , so ya next week will be buy sell buy sell buy

coding program 4 next week

Dim eu as euro
If eu @20 then
sell
end if

maths ? market cares not a damn about your maths, its decided by the big boys normally the psychological numbers...

dear i told u
Again!
1- buy against strong fall not best choice
2- I was away and busy at my work "risk or no risk while not concentrate then i made my choice "

Wrong quote, it was not me ...

I'm not asking about to " buy/sell", i'm wondering what type of Mathematics are you referring to?! ... or perhaps you mean " calculating probabilities"?

about $200,000, pardner

Gidday Lolipop

Hard case went to this big investment seminar a while back.
But the biggest fear for any new trader was to retain there capital at all costs.
They would invest if they could earn more than 2% to 3% an pay tax on earnings

Interesting as nearly 99% had lost money in trading or investments before.

Trading the FX markets an earn a regular income is every traders dream.

Facts are most traders lose more than they earn over time.

You will get good weeks an shockers,but for $1000 per week you would be using leverage.

My brother has a managed account trading with $300k with leverage to over million + in trade

all blue chip long term,most of it is hedged.

Profit is used to buy more for growth

But he is 40 an still has a day job an would be getting the sort of money you are talking.

Tax is the red herring in all of this

Last week a weekly bearish engulfing pattern that formed suggests that the price should going down further as there are still plenty of room for price to move, moreover price has not yet reach the desirable 1.5 : 1 reward to risk ratio for bears who shorted the pair. If you look at the bigger chart, you will see the current price has hit both previous 2 months low, suggesting that bulls are getting weaker and weaker, thus shorting the pair in longer term is preferable.

This is a great observation and I will enter short on the retrace back UP for optimal RRR

I would said if I'm not greedy to lose back.
$5K with 50:1 would be good.
$250 a week is not hard.
You only lose back when you're greedy!

The amount needed to make 1k per month depends upon how you trade..

If you are a greenhorn....then make sure you have a good day gig....

Anyways....Here's some notes from today...I'll post 'em up again later...

I also have some charts that I'll post up later.

- PHILLY FED QUARTERLY FORECASTERS SURVEY - U.S. Q2 GDP GROWTH SEEN AT +3.3 PCT VS PREVIOUS FORECAST +3.0 PCT
- GERMAN-RUSSIAN BUSINESS LOBBY SAYS IN CONFIDENTIAL PAPER SENT TO GERMAN GOVERNMENT THAT UKRAINE CRISIS ALREADY HAVING "MASSIVE IMPACT" ON GERMAN BUSINESSES IN RUSSIA

-GERMAN-RUSSIAN BUSINESS LOBBY PAPER - ECONOMIC SANCTIONS AGAINST RUSSIA WOULD PROMPT RUSSIAN INDUSTRY AND POLITICIANS TO TURN TO ASIA, ESPECIALLY CHINA
- GERMAN-RUSSIAN BUSINESS LOBBY PAPER - SANCTIONS WOULD LEAD TO "LONG-TERM AND SUSTAINABLE" LOSS OF MARKET SHARE FOR GERMAN AND EUROPEAN FIRMS IN RUSSIA
- GERMAN-RUSSIAN BUSINESS LOBBY PAPER - SANCTIONS WOULD CAUSE "IRREPARABLE DAMAGE" TO THE COMPETITIVENESS OF GERMAN INDUSTRY, JOB LOSSES IN GERMANY
- PHILLY FED FORECASTERS SURVEY - U.S. Q3 GDP GROWTH SEEN AT +2.9 PCT VS PREVIOUS FORECAST +2.8 PCT
- PHILLY FED SURVEY - U.S. Q2 NON-FARM PAYROLLS SEEN GROWING AVERAGE 232,000/MONTH VS PVS FORECAST 193,500/MONTH
- PHILLY FED SURVEY - U.S. Q3 NON-FARM PAYROLLS SEEN GROWING AVERAGE 204,700/MONTH VS PVS FORECAST 195,200/MONTH
- Quotes from TD Economics:
- With this latest reading, it appears that the housing market has finally jumped on board. Permits above one million for the third consecutive month suggests that a sustained high level of construction will be maintained in the months ahead.
- While the housing market has been a laggard in the U.S. economic recovery, the recent fall in mortgage rates will act as a short-term catalyst for housing demand.
- Quotes from Western Union :
- The euro slumped to an 11-week low against the US dollar on Thursday after weaker euro zone growth numbers added to already increasing pressure on the European Central Bank to launch more aggressive stimulus measures at its meeting next month. However, the single currency did stabilize late in the day yesterday with some traders taking profit on a 2.5 percent move in the euro/US dollar exchange rate since last week.
- The euro's tumble yesterday came after the euro zone reported that its 18-member economy grew just 0.2 percent (q/q) between January and March, missing estimates of 0.4 percent growth. On a more positive note, and a factor which may delay any potential ECB monetary easing and support the euro, yesterday's final euro area inflation figures met market expectations.
- Quotes from Western Union :
- The US dollar's recent sharp rally unraveled yesterday as investors cashed-in on the greenback's gains since last week, perhaps convinced that mixed US economic data will keep the Fed dovish on its policy outlook. Fed chair Janet Yellen will be speaking next week and more caution about the economic outlook would leave the US dollar vulnerable to further selling.
- The US currency sank close to two-month lows against the yen yesterday despite positive US data on inflation and weekly jobless claims after Japan posted forecast-beating first quarter growth figures. Action in US bonds related to Russia and the crisis in Ukraine is another factor influencing US dollar trade currently, perhaps increasing the yen's attractiveness as a safe haven.
- NEW YORK-- Federal Reserve Bank of St. Louis President James Bullard said Friday that he is looking past the weak start to the year, noting the central bank is getting closer to achieving its desired levels of unemployment and inflation.

- WHITE HOUSE SAYS CHINA'S PLACEMENT OF OIL RIG IN WATERS CLAIMED BY VIETNAM IS PROVOCATIVE ACT AND RAISES TENSIONS IN REGION
- OBAMA SPOKE WITH FRANCE'S HOLLANDE ABOUT UKRAINE, REPEATED RUSSIA WILL FACE "ADDITIONAL COSTS" IF IT CONTINUES PROVOCATIVE BEHAVIOR - WHITE HOUSE
- OBAMA, IN PHONE CALL, INVITED NEW INDIAN LEADER MODI TO VISIT WASHINGTON - WHITE HOUSE

Did you notice the there was also a bearish engulfing pattern 4 months / candle sticks earlier? That didn't work out, did it?

20%? not for someone who still ask this silly question i suppose. for you, maybe possible. =)

Is it really hard to answer this question without poking fun of him?

lolipop if you are new to trading and panning to trade your own capital, forget it.

If you are just looking for this type monthly income, you best bet is look for an autocopy on Zulutrade and copy a tested system to meet your needs. By then, your income math would be simpler.

This would be my suggestion for you.

Yup that didn't work but it doesn't mean this time it won't.

This time the bearish engulfing candle is formed after being rejected from Draghi's 1.4000 sand line, with both monthly and weekly pivots pointing to south, so it makes sense to take a sell signal without doubt.

Trading is a probability game, if not there will be no risk in trading and we could be right 100% all the times.

A quote from you: To live a creative live, we must lose our fear of being wrong.

So I have no afraid of being wrong to short this pair. =)