EURUSD | Page 53465 | 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

  • #1,069,281
  • Jun 5, 2016 4:21pm Jun 5, 2016 4:21pm
Quoting BooG
is this real life?! even after taking out 789878's out-of-this-world short you still got (99.4S vs 27.4L) 3.62 times more shorts than longs. after a day when e/u shot up more than 200 pips and there's no sign of dollar strength anywhere. i don't understand. we should all have a serious discussion about the effects of the mindset:"if it went so high, it has to come down". this kind of divergence is costing money, people! and after watching this over some time, it seems that when there's one sided volatility, the aggregate orders on FF shot up on...
Herd mentality is the best way to think of it.
@GJscalper I've turned a new leaf. No more trolling.
  • #1,069,282
  • Edited 4:49pm Jun 5, 2016 4:44pm | Edited 4:49pm
Quoting BooG
Hello Not-KPMG! I strongly believe Yellen will not commit financial suicide. A push higher for the fed funds rate will trigger a meltdown in the next 6 months. Cheap money is the name o............. end of the day make sure you took the reverse on every fucking trade they put up. a bit harsh... i would say )
hello BooG. Are you big-frame trader?
I was just explaining how people make decisions to enter tons of short it's all mentality. . . I personally am on 1h frame. Easy in-out.....Referring to Yellen, i don't know what she'll say. BUT I believe a volatility and long covering will happen now . . . .
Sorry I'm not eloquent as you. If i venture a guess, all year long Yellen was pushing quietly for hike, whatever agenda she has....so... E/U short is not crazy strategy. Just talking far future, OK? And taking the Chinese angle, they will be HAPPY with expensive dollar (holding and cheap export). So yes, i might mix short and long term forecasts, just my two cent...... Each reader send me 2 cent Pronto!!
PS: gap of 15 down. Now filled..... What next short friends
Beware of robber banks (RB), bad advisors.
  • #1,069,283
  • Jun 5, 2016 4:58pm Jun 5, 2016 4:58pm
Quoting Not-KPMG
{quote} hello BooG. Are you big-frame trader? I was just explaining how people make decisions to enter tons of short it's all mentality. . . I personally am on 1h frame. Easy in-out.....Referring to Yellen, i don't know what she'll say. BUT I believe a volatility and long covering will happen now . . . . Sorry I'm not eloquent as you. If i venture a guess, all year long Yellen was pushing quietly for hike, whatever agenda she has....so... E/U short is not crazy strategy. Just talking far future, OK? And taking the Chinese angle, they will...
Chinese government is strictly against Fed's rate hikes because Chinese banks and companies have a lot of debts in USD. PBoC is fighting hard to weaken USD for many months.
Yellen's agenda is to keep USD strong. I think there are two main reasons for it: to preserve USD as the world main reserve currency (weakening of USD would motivate foreign central banks to sell USD and to replace it with another reserve currency) and to beat China which is the main US economic rival. We are in the middle of currency war.
Patience is a key to joy.
  • #1,069,284
  • Jun 5, 2016 5:02pm Jun 5, 2016 5:02pm
Quoting BooG
is this real life?! even after taking out 789878's out-of-this-world short you still got (99.4S vs 27.4L) 3.62 times more shorts than longs. after a day when e/u shot up more than 200 pips and there's no sign of dollar strength anywhere. i don't understand. we should all have a serious discussion about the effects of the mindset:"if it went so high, it has to come down". this kind of divergence is costing money, people! and after watching this over some time, it seems that when there's one sided volatility, the aggregate...
It is statistics: https://en.wikipedia.org/wiki/Regres...oward_the_mean
Patience is a key to joy.
  • #1,069,285
  • Jun 5, 2016 5:15pm Jun 5, 2016 5:15pm
Quoting Not-KPMG
{quote} hi. I can speak for myself correction of move and weekly correction.....and Yellen's blaberring soon.... So short.... Then another consideration, which may pay off to about 1.13. As to 789878 - he is reverse scalper. I know the mindset. May profit. But he's impatient, so shorted early... Good trader would have waited No offence. Who else has shorted? Admit it sinners
Not regarding this particular move, but just in general, yeah... I have some real problems with being impatient. I mostly scalp, and am usually only interested in getting maybe 5 or 10 pips at a time (hopefully in and out in half hour or less). And what I like to do is wait till price starts to move back out of the overbought or oversold territory to short/long. I do fine when I wait until the actual move has started before jumping in. But where I mess up sometimes is when I get impatient. "Ooh, this is getting ready to turn any second here, so let me get in... NOW!" Whereupon, of course, it does NOT turn, and I'm stuck with it going the wrong way. So yep... the PSYCHOLOGY of this trading stuff is what's really hard to master.
  • #1,069,286
  • Jun 5, 2016 5:24pm Jun 5, 2016 5:24pm
Quoting TeddyBearish
{quote} Chinese government is strictly against Fed's rate hikes because Chinese banks and companies have a lot of debts in USD. PBoC is fighting hard to weaken USD for many months. Yellen's agenda is to keep USD strong. I think there are two main reasons for it: to preserve USD as the world main reserve currency (weakening of USD would motivate foreign central banks to sell USD and to replace it with another reserve currency) and to beat China which is the main US economic rival. We are in the middle of currency war.
This is a little off-topic, but we may soon find out if the Fed and others in positions of power/influence think a Trump presidency would be a good or a bad thing. I mean, if they have a really strong opinion one way or the other, it's not beyond them to do whatever they have to do to affect the economy one way or the other in the coming months (before the election)... whatever they think will help/hurt Trump's chances.
  • #1,069,287
  • Jun 5, 2016 5:26pm Jun 5, 2016 5:26pm
Fed likely to avoid rate hike before British vote EU.
  • #1,069,288
  • Jun 5, 2016 5:27pm Jun 5, 2016 5:27pm
Quoting Not-KPMG
{quote} hello BooG. Are you big-frame trader?
not at all. holding orders over 24h is extremely rare for me. BUT, i always feel the urge to keep a close tab on political and economical developments around the instruments that I trade (this case E/U).
My 'enter trade' reasons are almost always technical driven.

Quoting TeddyBearish
{quote} It is statistics
Totally agree. Last year I had a lot of assignments at uni regarding Gaussian distributions and the rest. The thing is in order to figure out the balance point (~50%) you need to pin point 2 boundaries. Are you sure we reached the upper one?
  • #1,069,289
  • Jun 5, 2016 5:28pm Jun 5, 2016 5:28pm
Quoting Ratmach
{quote} ... But where I mess up sometimes is when I get impatient. "Ooh, this is getting ready to turn any second here, so let me get in... NOW!" Whereupon, of course, it does NOT turn, and I'm stuck with it going the wrong way....
I know exactly what you are talking about. I also expect too soon that common sense wins against herd overreaction. It usually wins but it takes some time sometimes.
Patience is a key to joy.
  • #1,069,290
  • Edited 5:46pm Jun 5, 2016 5:33pm | Edited 5:46pm
Quoting BooG
{quote} not at all. holding orders over 24h is extremely rare for me. BUT, i always feel the urge to keep a close tab on political and economical developments around the instruments that I trade (this case E/U). My 'enter trade' reasons are almost always technical driven. {quote} Totally agree. Last year I had a lot of assignments at uni regarding Gaussian distributions and the rest. The thing is in order to figure out the balance point (~50%) you need to pin point 2 boundaries. Are you sure we reached the upper one?
We do not have to reach the upper one to bounce back. The bigger deviation, the stronger tendency to regress toward the mean. I think the Friday's deviation was very big so I expect there will be strong tendency to bounce back.
Patience is a key to joy.
  • #1,069,291
  • Jun 5, 2016 6:19pm Jun 5, 2016 6:19pm
Quoting TeddyBearish
{quote} We do not have to reach the upper one to bounce back. The bigger deviation, the stronger tendency to regress toward the mean. I think the Friday's deviation was very big so I expect there will be strong tendency to bounce back.
ok i understood. are you looking for prices inside the gray rectangle? my area of interest towards a bounce up is around 1.13.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH106jun.png Size: 42 KB
  • #1,069,292
  • Jun 5, 2016 6:34pm Jun 5, 2016 6:34pm
Quoting BooG
{quote} ok i understood. are you looking for prices inside the gray rectangle? my area of interest towards a bounce up is around 1.13. {image}
We can use moving average to find the mean for a specific period. Year has approx. 250 trading days so 250 day MA is the yearly mean (the mean of the last 250 trading days). 20 day MA is approx. the monthly mean and 5 day MA is the weekly mean.
Patience is a key to joy.
  • #1,069,293
  • Jun 5, 2016 9:26pm Jun 5, 2016 9:26pm
Quoting PatienceFx
{quote} make the text size bigger in video next time so we can read what you wish to say
you can see the video on full screen so the text will be readed clearly
  • #1,069,294
  • Jun 5, 2016 10:04pm Jun 5, 2016 10:04pm
Quoting BooG
is this real life?! even after taking out 789878's out-of-this-world short you still got (99.4S vs 27.4L) 3.62 times more shorts than longs. after a day when e/u shot up more than 200 pips and there's no sign of dollar strength anywhere. i don't understand. we should all have a serious discussion about the effects of the mindset:"if it went so high, it has to come down". this kind of divergence is costing money, people! and after watching this over some time, it seems that when there's one sided volatility, the aggregate orders on FF shot up on...
Retail traders = contrarian indicator.
It means the crowd on ff is on the losing side.
  • #1,069,295
  • Jun 5, 2016 10:24pm Jun 5, 2016 10:24pm
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!!
  • #1,069,296
  • Jun 5, 2016 10:29pm Jun 5, 2016 10:29pm
on myfxbook i created an MT4 auto update profile

problem is I can see my trades but how d i find the public url of this portfolio ?
  • #1,069,297
  • Jun 5, 2016 10:32pm Jun 5, 2016 10:32pm
Quoting PatienceFx
on myfxbook i created an MT4 auto update profile problem is I can see my trades but how d i find the public url of this portfolio ?
like I entered these 2 trades, I can see in my myfxbook portfolio but when i log out I cannot find my public link to see it logged out

how do i do this ?

Attached Image
  • #1,069,298
  • Jun 5, 2016 10:47pm Jun 5, 2016 10:47pm
Quoting PatienceFx
{quote} like I entered these 2 trades, I can see in my myfxbook portfolio but when i log out I cannot find my public link to see it logged out how do i do this ? {image}
Why are you selling EURUSD are you a scalper?
  • #1,069,299
  • Jun 5, 2016 10:54pm Jun 5, 2016 10:54pm
Quoting Techanalyst
{quote} Why are you selling EURUSD are you a scalper?
sorry i never touch scalps of people

on eu i am expecting a drop to 1.13 then a bounce to 1.1430 then a big time drop back to 1.12 area
  • #1,069,300
  • Jun 5, 2016 10:57pm Jun 5, 2016 10:57pm
Quoting PatienceFx
{quote} like I entered these 2 trades, I can see in my myfxbook portfolio but when i log out I cannot find my public link to see it logged out how do i do this ? {image}
solved my problem thanks dogfx
1,032 traders viewing now