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EURUSD

  • #1,065,161
  • Apr 25, 2016 4:01pm Apr 25, 2016 4:01pm
Eur/Usd may advance further up to above 1.1300 zone, downside seems limited.
  • #1,065,162
  • Apr 25, 2016 4:41pm Apr 25, 2016 4:41pm
Quoting csc2009
Eur/Usd may advance further up to above 1.1300 zone, downside seems limited.

I agree with you
Drawdown is more important than Account Size !
  • #1,065,163
  • Apr 25, 2016 5:10pm Apr 25, 2016 5:10pm
Quoting TooSlow
{image} How I trade: A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current bar. A bar makes a NEW DAILY low and closes. Next bar fails to make a lower low and reverses. Buy when price rises above the open price of the current bar. Let me rephrase in the form of yes/no or true/false questions. 1) Did a new daily high or new daily low happen during the previous bar. If YES/TRUE go to question 2, otherwise find another pair. 2) Did this bar test ( get near...
I´ve just coded this as an EA and it has a downwards equity slope all the time. Means, this system has no edge and is a losing one in the longer run.
  • #1,065,164
  • Apr 25, 2016 5:25pm Apr 25, 2016 5:25pm
Quoting geektrader
{quote} Ive just coded this as an EA and it has a downwards equity slope all the time. Means, this system has no edge and is a losing one in the longer run.
LOL nice, putting em in their place! I love it!
All posts are my personal opinion
  • #1,065,165
  • Apr 25, 2016 6:15pm Apr 25, 2016 6:15pm
Technically trending up; no doubt about it; BUT we need a door to enter; cannot enter now as is... Or perhaps some very very small long to try...
  • #1,065,166
  • Apr 25, 2016 7:41pm Apr 25, 2016 7:41pm
Quoting TornadoTradr
{quote} Maybe you should start a thread in trading systems
I did and it got moved.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,065,167
  • Apr 25, 2016 7:43pm Apr 25, 2016 7:43pm
Quoting geektrader
{quote} Ive just coded this as an EA and it has a downwards equity slope all the time. Means, this system has no edge and is a losing one in the longer run.
Of course it does! You tested it to trade all day, everyday. I trade 2-4 hours a day.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,065,168
  • Apr 25, 2016 7:48pm Apr 25, 2016 7:48pm
Quoting TooSlow
{quote} Of course it does! You tested it to trade all day, everyday. I trade 2-4 hours a day.
ok, Excellent. Now the question is how can you determine the "lucky hours"?
Member
  • #1,065,169
  • Apr 25, 2016 8:26pm Apr 25, 2016 8:26pm
Quoting TooSlow
{image} How I trade: A bar makes a NEW DAILY high and closes. Next bar fails to make a higher high and reverses. Sell when price drops below the open price of the current bar. A bar makes a NEW DAILY low and closes. Next bar fails to make a lower low and reverses. Buy when price rises above the open price of the current bar. Let me rephrase in the form of yes/no or true/false questions. 1) Did a new daily high or new daily low happen during the previous bar. If YES/TRUE go to question 2, otherwise find another pair. 2) Did this bar test ( get near...
Please check with an accredited financial specialist before using real money. Accredited financial specialist is something completely new to me any idea who accredit them and where can I engage these heaven sent financial specialist for forex trading?
  • #1,065,170
  • Apr 25, 2016 9:05pm Apr 25, 2016 9:05pm
Quoting TudorIoan
{quote} ok, Excellent. Now the question is how can you determine the "lucky hours"?
8 am - Noon NY Time.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,065,171
  • Apr 25, 2016 9:06pm Apr 25, 2016 9:06pm
Quoting genghistar
{quote} Please check with an accredited financial specialist before using real money. Accredited financial specialist is something completely new to me any idea who accredit them and where can I engage these heaven sent financial specialist for forex trading?
Glad you enjoy the humor.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,065,172
  • Apr 25, 2016 9:16pm Apr 25, 2016 9:16pm
Quoting TooSlow
{quote} Glad you enjoy the humor.
Humor? I was about to play some real serious money with your ~sistern~ and eat those brokers for lunch and now you tell me it is a joke?

GS
  • #1,065,173
  • Apr 25, 2016 9:34pm Apr 25, 2016 9:34pm
Quoting TooSlow
{quote} 8 am - Noon NY Time.
Quoting geektrader
{quote} Ive just coded this as an EA and it has a downwards equity slope all the time. Means, this system has no edge and is a losing one in the longer run.
Hi, geektrader! It can be interesting, give it a try, run the test like he said, NY 8:oo time...maybe is not a joke
Member
  • #1,065,174
  • Apr 25, 2016 10:30pm Apr 25, 2016 10:30pm
I think EUR/CAD short might be the trade this morning .
Havent entered yet
  • #1,065,175
  • Apr 25, 2016 11:21pm Apr 25, 2016 11:21pm
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!!
  • #1,065,176
  • Apr 25, 2016 11:58pm Apr 25, 2016 11:58pm
morning all

yesterday i was expecting some more movement. oh well.
happy it got near the red lady line. this flirting should end pretty soon. got a test short on. stops near 1.13+. gonna load the bazooka it if goes south of .12
good luck all!
Attached Image (click to enlarge)
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  • #1,065,177
  • Apr 26, 2016 12:05am Apr 26, 2016 12:05am
more ranging i guess unless we break 1.124x and now probably back towards 1.13
When life gives you lemons, make lemonade
  • #1,065,178
  • Edited 4:00pm Apr 26, 2016 12:18am | Edited 4:00pm
My view for today....

Technically it looks bullish with the last 3 day-candles.

Looking to the Pivot.....we are catched in a small range between the Daily (1.1249) and Weekly (1.1278) Pivot.

If we can overcome the Weekly Pivot....we can heading to D R1 (1.1289).
Anyway looking to my HEW-count I still think we didn't saw the low for now... So in the end I expect again a down move ending below 1.1218 and looking for around 1.1160 (with the current count correct, Weekly S1?)

If we can manage a break above 1.1398 then we may saw our low at 1.1217..?
In either way I expect...in the longer term a move to 1,17xx
I also think we can again see a slow day....

Please don't hit me if I'm wrong......
You can manage risk, but you can't manage the return
  • #1,065,179
  • Apr 26, 2016 12:35am Apr 26, 2016 12:35am
GBP already 50 pips up.
I missed it this time ...and feel stupid about it
  • #1,065,180
  • Apr 26, 2016 12:59am Apr 26, 2016 12:59am
Quoting HappyMe
My view for today.... Technically it looks bullish looking at the last 3 day-candles. Looking to the Pivot.....we are catched in a small range between the Daily (1.1249) and Weekly (1.1278) Pivot. If we can overcome the Weekly Pivot....we can heading to D R1 (1.1281). Anyway looking to my HEW-count I still think we didn't saw the low for now... So in the end I expect again a down move ending below 1.1218 and looking for around 1.1160, Weekly S1) If we can manage a break above 1.1398 then I'm sure we saw our low at 1.1217. In either way expect...in...
​I see lower highs an lower lows on the hourly, 4 hour and daily chart.
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