EURUSD | Page 47255 | 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

  • #945,081
  • Dec 18, 2014 10:53pm Dec 18, 2014 10:53pm
anyone took a long entry?
  • #945,082
  • Dec 18, 2014 10:56pm Dec 18, 2014 10:56pm
Quoting mk5
anyone took a long entry?
Yup, but after holding it for 7 hours with no result I went flat.

I can't tell who is gonna get skewered.
  • #945,083
  • Dec 18, 2014 10:57pm Dec 18, 2014 10:57pm
Quoting SerpentDove
{quote} Yup, but after holding it for 7 hours with no result I went flat. I can't tell who is gonna get skewered.
looks like it. getting no where.
  • #945,084
  • Dec 18, 2014 10:59pm Dec 18, 2014 10:59pm
Has anyone thought about how much do you need in an account to make a comfortable trader ( trader who can live comfortable ) ?
Read the entire market, money is made on the main trend not the fluctuation
  • #945,085
  • Dec 18, 2014 11:00pm Dec 18, 2014 11:00pm
I think 1.2131 is good spot for long entry......
80% effort, 20% luck
  • #945,086
  • Dec 18, 2014 11:01pm Dec 18, 2014 11:01pm
Quoting mk5
{quote} looks like it. getting no where.
Daily double bottom gives way, death to longs, pivot give up the ghost (yesterdays was untouched), shorts get murdered. It's a rough place to get adamant about what the future holds.

Short term structure is bear flag, and supportive of the most recent trend, long term... wtf, how did we end up back here????
  • #945,087
  • Dec 18, 2014 11:03pm Dec 18, 2014 11:03pm
Quoting SerpentDove
{quote} Daily double bottom gives way, death to longs, pivot give up the ghost (yesterdays was untouched), shorts get murdered. It's a rough place to get adamant about what the future holds.
i went long at 2778. but dont really feel comfortable inside.
  • #945,088
  • Dec 18, 2014 11:05pm Dec 18, 2014 11:05pm
Quoting mk5
{quote} i went long at 2778. but dont really feel comfortable inside.
Stop loss at break even and take a nap. What else do you need to do?


Wait..... you mean 1.2778?

Yeesh. Advice above applies to 1.2278
  • #945,089
  • Dec 18, 2014 11:06pm Dec 18, 2014 11:06pm
UJ reached 61.8 fibo and confirms euro/usd bullish today.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled - Copy - Copy.jpg Size: 126 KB
  • #945,090
  • Dec 18, 2014 11:14pm Dec 18, 2014 11:14pm
Quoting mk5
{quote} i went long at 2778. but dont really feel comfortable inside.
If euro ever decides that the daily chart needs an actual retrace the target would be in the 1.3 - 1.3250 area. Drawdowns suck hard and end accounts. If you don't feel comfortable then the size of the trade was off for your time horizon.
  • #945,091
  • Dec 18, 2014 11:17pm Dec 18, 2014 11:17pm
Quoting SerpentDove
{quote} Stop loss at break even and take a nap. What else do you need to do? Wait..... you mean 1.2778? Yeesh. Advice above applies to 1.2278
i think i really need a nap. its 2278.
  • #945,092
  • Dec 18, 2014 11:22pm Dec 18, 2014 11:22pm
Figures after a million hours we finally rush the upside for a few pips. Hard as hell to hold a 7 hour trade with 500:1.

Aussie seems to lead the way more than anything else in these sessions, but there seems to be a couple of hours (like forever!) lag, not much trade on. Exhausted and bidding everyone good fortune.
  • #945,093
  • Dec 18, 2014 11:28pm Dec 18, 2014 11:28pm
Quoting Kofmaster
Has anyone thought about how much do you need in an account to make a comfortable trader ( trader who can live comfortable ) ?
According to Stewartr (FF Member) two people he knows who live on an account of $500 to $1,000 trading only London Open.
I know a person who made millions of dollars in forex starting with $300,000. He was an honorary director for the Non-profit I used to work for. He had permanent rooms in few five stars and once donated $700,000 to my organization. This charity was one of the many he does. He claims to have biggest private estate in one of the Canadian provinces. I could not verify his this claim.
I also know a person who claims turning $5,000 to $50,000 every year, but I cannot verify this claim. He is a swing trader.
I also know a person who makes anything between 8% to 13% a year on a small amount with draw down never more than 3%. The same person has a method that can generate at least 1% to 2% a week with very limited draw down but the method involves a lot of administrative work like keeping track of the trades, splitting trades among several brokers, screen time, etc. I have no doubts about that last person. Don't ask me why I have no doubts about claims of this last person.
The Thief of Wall Street
  • #945,094
  • Dec 18, 2014 11:35pm Dec 18, 2014 11:35pm
Quoting Chicky
{quote} According to Stewartr (FF Member) two people he knows who live on an account of $500 to $1,000 trading only London Open. I know a person who made millions of dollars in forex starting with $300,000. He was an honorary director for the Non-profit I used to work for. He had permanent rooms in few five stars and once donated $700,000 to my organization. This charity was one of the many he does. He claims to have biggest private estate in one of the Canadian provinces. I could not verify his this claim. I also know a person who claims turning...
? yeah the forex has a lot of way to make winners...i prefer the 3rd too...
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #945,095
  • Dec 18, 2014 11:37pm Dec 18, 2014 11:37pm
maybe some r near 2366/72, will try shorts there...other than that, seeing lot of nothing..

maybe if cable took out 5697, I might consider longs against 5630/37...
Look Sharp/Trade Tight
  • #945,096
  • Dec 18, 2014 11:39pm Dec 18, 2014 11:39pm
Quoting TheNoob
{quote} ? yeah the forex has a lot of way to make winners...i prefer the 3rd too...
I don't know. But one thing is for sure, there is no holy grail technical method. Period. There cannot be one. It is not logical. If there was even one such method, forex trading would not have been the way it is now.
The Thief of Wall Street
  • #945,097
  • Dec 18, 2014 11:42pm Dec 18, 2014 11:42pm
Quoting mk5
anyone took a long entry?
OFC... Watch the yesterday spike...we already catched some medium buyers there (it doesn't mean they are always true...)...the spike is what speak the most in trading...the important thing is to have clear mind...they knew exactly at which candle/price the MFI will go upper than 20...those buyers don't have name, as sure as they are unknown people...
Attached Image (click to enlarge)
Click to Enlarge Name: the piece of spike.jpg Size: 239 KB
DONT ASK ME QUESTION, BUT U CAN BAN ME I DONT CARE!
  • #945,098
  • Dec 18, 2014 11:47pm Dec 18, 2014 11:47pm
Quoting TheNoob
{quote} OFC... Watch the yesterday spike...we already catched some medium buyers there (it doesn't mean they are always true...)...the spike is what speak the most in trading...the important thing is to have clear mind...they knew exactly at which candle the MFI will go upper than 20... {image}
looking at it. seems like it may go as low as 1.2020 area.
  • #945,099
  • Dec 19, 2014 12:03am Dec 19, 2014 12:03am
Can someone explain me why last week (when USD falled down) was correlation with pair like USDTYR,USDZAR so negative? They went up very quick. But another comodity currencies like AUD and NZD no.. Last two days, when USD woke up, that pairs going down in the same correlation with AUD and other currencies as EUR, GBP etc.

Thanks
  • #945,100
  • Dec 19, 2014 12:06am Dec 19, 2014 12:06am
Quoting Chicky
{quote} According to Stewartr (FF Member) two people he knows who live on an account of $500 to $1,000 trading only London Open. I know a person who made millions of dollars in forex starting with $300,000. He was an honorary director for the Non-profit I used to work for. He had permanent rooms in few five stars and once donated $700,000 to my organization. This charity was one of the many he does. He claims to have biggest private estate in one of the Canadian provinces. I could not verify his this claim. I also know a person who claims turning...
how to live with account only 500$?

how many % does he make a month?

My opinion is you have to at least 50k-100k

Assuming you make 5% a month. 50k= 2.5k pretty decent amount of salary.
100k= 5k

5% is already very minimum amount.

I once researched why most of the traders fails and 1 of the biggest factors is starting with not enough equity.
Read the entire market, money is made on the main trend not the fluctuation
302 traders viewing now