i havent traded it too much, being that daily fibs take a while to complete i decided to monitor more then just EUR/USD, i took the trade right at the 50% retrace level but got stopped out after moving my SL to BE +2, you can see on the chart i entered on the 3rd to last candle (bear/grey candle) next day price went up (high was right above the 38.2 retrace) it was over 70 pips in profit so i moved my SL to BE +2, but i was stopped out. as for volitility, im not too sure. i think the daily range is less the the E/U, im still getting used to this pair, it hasnt given me anything other then $.95
just to clearify things i entered on the closing of the 3rd to last candle after seeing that it failed to break the 50% retracement
GU still hasn’t closed above the 20:1 on the Daily, which means it’s still in the SELL zone showing a strong downtrend. That as well as the formation suggest lower at the moment.
I would agree with you on USDCAD on your analysis but based on bollinger bands, its near the middle, maybe on lower timeframes?
USD?JPY looked like a potential buy a few days back but I missed that one…something to keep an eye on if the dollar onslaught continues.
Too funny. Since you asked it’s Johnny B. with a little Smart and a lot of BS. You can’t expect anything less from an IE turned Sales Manager then Consultant then Business Owner. If ya ain’t got the BS ya go home with an empty wallet.:eek: If you don’t get smart quick it’s game over.:o That applies to this game as well and why I’ve said get your head on straight before you trade.
I wouldn’t say big time, there’s noone in the market today compared to a normal day so it’s not unheard of it to retrace a little. The 1.25 is a 2 month target.
Hello everyone,
Where is Robert Cater and JohnnySmart? I am trying to figure out how to use alert in trading.
Does anybody has any idea?
Thanx,
Headmaster.
Perhaps Headmaster is referring to price alerts? If you mean having a sound alert occur or an email message be sent by your platform when the price of a given pair reaches a certain point, that will be dependent on which trading platform you use. If it isn’t clear in your options, ask your respective broker.
if you use metatrader there is probably an indicator that will give an alert for just about anything. There is a link in here somewhere for a website that will send you a notification based on what ever criteria you set up.
To stay alert I drink a lot of coffee and splash cold water on my face.LOL. If you’re talking about automatic alerts generated by a program then that is a different thing altogether and is much more complicated to achieve using MT4.
This requires a great deal of programming but a simple solution would be an MA cross which can be found by using google. This could alert you to changes in trend so you could then analyze your chart. You might try forex-tsd.com
Somebody fed this thing viagra lately which had it going straight up for a while but the excitement didn’t last long and it has been down ever since. Somebody might have to call the paramedics.LOL. Think again about the 1.25. Remember the gold comes to the one who has patience. This thing has no energy left behind it. Even some good news of late had zero effect.
Merchanprice,
I apologise for the confusion.And yes i am referring to price alert.So i need to ask my broker about it or there is indicator who can do the work?
.Thanx.
Headmaster.
Yeah,but it is good to countertrade and get some pips on upward side as well.I dont think it will get to 1.25 anytime soon as many people seem to believe.EU will help its profligate memebers,at least this time around.
Greetings,
Headmaster.
Since you asked it’s Johnny B. with a little Smart and a lot of BS. You can’t expect anything less from an IE turned Sales Manager then Consultant then Business Owner. If ya ain’t got the BS ya go home with an empty wallet.:eek: If you don’t get smart quick it’s game over.:o That applies to this game as well and why I’ve said get your head on straight before you trade.