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EURUSD

  • #1,064,961
  • Apr 21, 2016 2:56pm Apr 21, 2016 2:56pm
Quoting procrude
{quote} GREAT performance on your live account rahul ! Keep it up ! {image}
You are Kidding aren't you?
Follow the Flow and Grow
  • #1,064,962
  • Apr 21, 2016 2:57pm Apr 21, 2016 2:57pm
Quoting procrude
{quote} GREAT performance on your live account rahul ! Keep it up ! {image}
hahaaaaaaaaaaaaaaa
  • #1,064,963
  • Apr 21, 2016 3:19pm Apr 21, 2016 3:19pm
Quoting procrude
{quote} GREAT performance on your live account rahul ! Keep it up ! {image}
lol. good one.
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #1,064,964
  • Apr 21, 2016 3:48pm Apr 21, 2016 3:48pm
The EUR/USD went as high as 1.14 in today's trading hours only to fall and return its gains. The pari is currently trading at 1.1290 as the US dollar is taking control. First bear target 1.1244.
  • #1,064,965
  • Apr 21, 2016 5:01pm Apr 21, 2016 5:01pm
and here is my view with HEW.

think we can now visit some ticks lower then last low...1,1244 to 1,1233
then a retracement in wave b (unknown but watch the pivots)
then again lower somewhere into the greenbox (just above the pivot...?)

After that it looks if we can see a bullish move again....
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You can manage risk, but you can't manage the return
  • #1,064,966
  • Apr 21, 2016 5:07pm Apr 21, 2016 5:07pm
On the weekly we are sitting on the 55 EMA right now which is a very strong support level. I think we are headed up over the next 1-2 months. We should reach the monthly 25 EMA which stands at 1.1620
Attached Image (click to enlarge)
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  • #1,064,967
  • Apr 21, 2016 7:13pm Apr 21, 2016 7:13pm
Guys, there is something I dont understand.... every where I read that only 5% of the traders actually make money on forex trading.. however, when i visit the forums i read that almost 80% of the traders claim that they made so many pips today like 40 pips 80 pips and so forth.....not sure what the reality is
Drawdown is more important than Account Size !
  • #1,064,968
  • Apr 21, 2016 7:13pm Apr 21, 2016 7:13pm
More interesting moves today. In a similar fashion. enjoy.
  • #1,064,969
  • Apr 21, 2016 8:13pm Apr 21, 2016 8:13pm
Quoting micho
{quote} i will not be surprised to wake up tomorrow at 1.11xx
  • #1,064,970
  • Apr 21, 2016 10:24pm Apr 21, 2016 10:24pm
Quoting rhari139
{quote}
i think we have a long way down, needs some patience
When life gives you lemons, make lemonade
  • #1,064,971
  • Apr 21, 2016 10:27pm Apr 21, 2016 10:27pm
Good Morning !

Today's SR levels on MT4 Templates for EURO, CABLE, DAX, USDJPY & EURGBP
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #1,064,972
  • Apr 22, 2016 12:02am Apr 22, 2016 12:02am
Quoting procrude
Guys, there is something I dont understand.... every where I read that only 5% of the traders actually make money on forex trading.. however, when i visit the forums i read that almost 80% of the traders claim that they made so many pips today like 40 pips 80 pips and so forth.....not sure what the reality is
isn't it funny! The 5% you have to look at over 5+ years. Person can make money 1 mont, 1 year but then one day boom! all gone
All posts are my personal opinion
  • #1,064,973
  • Apr 22, 2016 12:07am Apr 22, 2016 12:07am
Quoting Borowikbo
On the weekly we are sitting on the 55 EMA right now which is a very strong support level. I think we are headed up over the next 1-2 months. We should reach the monthly 25 EMA which stands at 1.1620 {image}
unless you have some sort of strategy, I don't see how this 1 thing can make the whole sentiment become bullish. Just another technical analysis fallacy
Attached Image(s) (click to enlarge)
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All posts are my personal opinion
  • #1,064,974
  • Edited 1:31am Apr 22, 2016 12:11am | Edited 1:31am
Quoting Jonstaples
{quote} What a day banked 80 pips but not according to my original plan! The price rallied by my entry points that i got touched my higher hourly resistance line @ 1.1396 but i was and if it broke below my lower hourly resistance @ 1.1380 that was my new signal with a stop just above the high of the day 20 pips with a target down to my original target @ 1.1292 and not the greedy one.
Uh, what a day, indeed! I know that is no consolation, but I think no one's early hours plan didn't worked think we all needed to adjust plans on the way, and you had a good one. I changed three times, 2 losers - one winner, no problem, my ego still standing
Quoting procrude
Guys, there is something I dont understand.... every where I read that only 5% of the traders actually make money on forex trading.. however, when i visit the forums i read that almost 80% of the traders claim that they made so many pips today like 40 pips 80 pips and so forth.....not sure what the reality is
Hey, we're all part of that 5% winners here
Member
  • #1,064,975
  • Apr 22, 2016 12:45am Apr 22, 2016 12:45am
EUR looks like a complete mess , but if I see 1.1316 I will short 1/3
  • #1,064,976
  • Edited 1:16am Apr 22, 2016 12:49am | Edited 1:16am
My Intraday Setup

Tricky day after the Mario's the Rollercoaster Master Day Show...

- if some freakin' geeks may consider that a filling double bottom we may expect to a tehnical rising, ...not to mention the double top formed above;
- if the crowd will follow the last descendig movement, it means we shall have a downtrend continued for today;
- my option is to go with the last people's choice ..down down to 1.1258 (W S-m-P) or even 1.1238 (DS1) daily supports.
- watch the Manufacturing Euro Data hours today!

Good luck, everyone!
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Member
  • #1,064,977
  • Apr 22, 2016 12:54am Apr 22, 2016 12:54am
Giving the circumstances of yesterdays price action and the volume analysis I changed the SL level to 1.14 (from 1.1450). I knew that around 1.14 was large supply, but after yesterday probably it is accumulated, so that it will not give me protection for my short position. I strongly believe that the pair will go south, but I want also to protect my account. Good luck to all of you, wish you many many pips today.
  • #1,064,978
  • Apr 22, 2016 1:27am Apr 22, 2016 1:27am
long at 1.1294
sell limit at 1.1358 1.1390 1.1398
“Hope is [a] bogus emotion that only costs you money.” - PETER LYNCH
  • #1,064,979
  • Apr 22, 2016 2:03am Apr 22, 2016 2:03am
down we go.Short 1.1278, stoploss-1.1313
Special one
  • #1,064,980
  • Apr 22, 2016 2:08am Apr 22, 2016 2:08am
im thinking USD is about to take a hit, starting with UJ 4hr :nerd:
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