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EURUSD

  • #946,221
  • Dec 24, 2014 10:06am Dec 24, 2014 10:06am
Quoting Xpyct2003
in 1 hour
Thanks.
Everyone can see the chart, but only a few can actually read it.
  • #946,222
  • Dec 24, 2014 10:06am Dec 24, 2014 10:06am
Quoting eggs
{quote} Simple & Clear indeed. Nice trade joe. I took the same setup as did Pharmor & probably several others. We'll see how this plays out through the holiday trading hours. Now to managing the trade... {image}

nice trade, im 1/3rd out already 2/3rd lower down & 3/3 leaving in
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Indicators only Indicate, Price action dictates.
  • #946,223
  • Dec 24, 2014 10:11am Dec 24, 2014 10:11am
some readjustment needed as always when looking at this channel
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  • #946,224
  • Dec 24, 2014 10:16am Dec 24, 2014 10:16am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting joe123
{quote} nice trade, im 1/3rd out already 2/3rd lower down & 3/3 leaving in {image}
That's probably best given the lean holiday hours. I've dabbled in chart templates like the one you have there with no visible wicks & only candle bodies. If you don't mind me asking how do you personally benefit from that look...? Just curious.
  • #946,225
  • Dec 24, 2014 10:18am Dec 24, 2014 10:18am
Quoting eggs
{quote} Simple & Clear indeed. Nice trade joe. I took the same setup as did Pharmor & probably several others. We'll see how this plays out through the holiday trading hours. Now to managing the trade... {image}
Already took profit for +10% Nice little cap to my end of year.

I don't like going against gator. Its very few times that he says guaranteed...

Quoting gatorinla
{quote} some make money selling b/o, .. i simply dont do well in them. so i just wait for a bounce to enter. and try to on bounce exhaustion to increase the odds while decreasing the risk.. its simple, if it dont go to 2160 then it will go to 2244/72 guaranteed. the elevator goes up and down.. it has to pass each floor. its free to be on the side and wait. if one has to be in a trade. its not the right business for them
even if he's wrong, I respect him as a more experienced trader. The best part about FF, is having access to more experienced traders.
  • #946,226
  • Dec 24, 2014 10:23am Dec 24, 2014 10:23am
  •  eggs
  • | Joined Nov 2011 | Status: Everybodys A Central Banker Here... | 819 Posts
Quoting Pharm0r
{quote} I don't like going against gator. Its very few times that he says guaranteed...
Hmmm... Duly noted. I'll probably be doing the same. I've already closed 1/2.
  • #946,227
  • Dec 24, 2014 10:31am Dec 24, 2014 10:31am
Quoting mkvy
some readjustment needed as always when looking at this channel {image}
Your chart points to 2120, also monthly points to 2120...looks like a good level to buy.
Everyone can see the chart, but only a few can actually read it.
  • #946,228
  • Dec 24, 2014 10:37am Dec 24, 2014 10:37am
Quoting eggs
{quote} That's probably best given the lean holiday hours. I've dabbled in chart templates like the one you have there with no visible wicks & only candle bodies. If you don't mind me asking how do you personally benefit from that look...? Just curious.
well if i asked you, what is the core of any market? the answer would be supply & demand. u don't need indicators, because indicat-ors only indicate, they dont dictate. we need somethings that tells as what to look for, and that is the candles them self's. why i have my candles the way i do is because i look for bullish and bearish "engulfing". that tells us where buyers and sellers are. we look to enter trades at tops and bottoms and at those levels where you see engulfing thats where you see left over buyers and sellers in the market. thats where you look to enter trades, at tops and bottoms of moves.

look to the left, trade to the right. as siomple as that.
Attached Image (click to enlarge)
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Indicators only Indicate, Price action dictates.
  • #946,229
  • Dec 24, 2014 10:41am Dec 24, 2014 10:41am
some food for thought. price is everything and thats the truth.

http://www.forexfactory.com/showthread.php?t=230888
Indicators only Indicate, Price action dictates.
  • #946,230
  • Dec 24, 2014 10:41am Dec 24, 2014 10:41am
Quoting OnlineAddict
Anyone know when the market closes today?
Friday 5est.. it never really closes.
those who can, do. those who cant, talk about those who can
  • #946,231
  • Dec 24, 2014 10:42am Dec 24, 2014 10:42am
Merry Christmas everyone
  • #946,232
  • Edited 10:58am Dec 24, 2014 10:46am | Edited 10:58am
Quoting Pharm0r
{quote} Already took profit for +10% Nice little cap to my end of year. I don't like going against gator. Its very few times that he says guaranteed... {quote} even if he's wrong, I respect him as a more experienced trader. The best part about FF, is having access to more experienced traders.
its not against me, i am not in the trade. my chance was near 2160 for a Long .. if i had my way, it would go to 2408/2422 up till 3599 and drop to 2125 before..18xx..
those who can, do. those who cant, talk about those who can
  • #946,233
  • Dec 24, 2014 10:47am Dec 24, 2014 10:47am
Quoting gatorinla
{quote} Friday 5est.. it never really closes.
Hmm, just checked with some brokers and they close on the 25th and 1st, so 5est today my main broker shuts down for 24 hours.
Everyone can see the chart, but only a few can actually read it.
  • #946,234
  • Dec 24, 2014 10:49am Dec 24, 2014 10:49am
look at the tops and bottoms of this chart then look for all the engulfing at tops and bottoms. then look to the right and see what happens to price once it hits those levels of engulfing. engulfing is what moves the market.
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Indicators only Indicate, Price action dictates.
  • #946,235
  • Dec 24, 2014 10:50am Dec 24, 2014 10:50am
Quoting gatorinla
{quote} Friday 5est.. it never really closes.
my broker closes in 10 min
  • #946,236
  • Dec 24, 2014 10:55am Dec 24, 2014 10:55am
Quoting gatorinla
{quote} its not against me, i am not in the trade. my chance was near 2160..
eggs knows what I meant.

I took profit before the (possible) move up to 72
  • #946,237
  • Dec 24, 2014 11:00am Dec 24, 2014 11:00am
Quoting OnlineAddict
{quote} Hmm, just checked with some brokers and they close on the 25th and 1st, so 5est today my main broker shuts down for 24 hours.
its just your broker.
those who can, do. those who cant, talk about those who can
  • #946,238
  • Dec 24, 2014 11:02am Dec 24, 2014 11:02am
Got 42+ last nite on GJ LONG
GJ M15
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A good trader follows his rules, but great trader knows when to break them
  • #946,239
  • Dec 24, 2014 11:14am Dec 24, 2014 11:14am
London closes (rolls over) soon.. a even thinner market after. maybe someone will take the ball and run..
those who can, do. those who cant, talk about those who can
  • #946,240
  • Dec 24, 2014 11:21am Dec 24, 2014 11:21am
Merry Xmas all! Enjoy the holiday.
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