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    All Forums | Investments

    11/13......EUR/GBP chart

    «First Previous 1234 Next Last»
    popinjay
    wallstreetcappers
    bucknuts
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    popinjay
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    Posted: Nov. 13, 2008 - 11:23 PM ET #26

    jeez... just looking around... it took 3 months to go down on the EUR/JPY what took around 3-4 years to go up (monthly charts)
    Reply
    jeez... just looking around... it took 3 months to go down on the EUR/JPY what took around 3-4 years to go up (monthly charts)
     
    popinjay
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    Posted: Nov. 13, 2008 - 11:25 PM ET #27

    1IRON, yeah he said yesterday the tops/bottoms are better than the crosses, but the crosses are also good.  Just gotta stick to the system I think, cant get too carried away
    Reply
    1IRON, yeah he said yesterday the tops/bottoms are better than the crosses, but the crosses are also good.  Just gotta stick to the system I think, cant get too carried away
     
    popinjay
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    Posted: Nov. 13, 2008 - 11:27 PM ET #28

    damn, more like 7-8 years to go up
    Reply
    damn, more like 7-8 years to go up
     
    wallstreetcappers
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    Posted: Nov. 13, 2008 - 11:27 PM ET #29

    4 hour crosses of RSI?
    Reply
    4 hour crosses of RSI?
     
    popinjay
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    Posted: Nov. 13, 2008 - 11:35 PM ET #30

    where are you looking?
    Reply
    where are you looking?
     
    bucknuts
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    Posted: Nov. 13, 2008 - 11:39 PM ET #31

    Sorry fellas the late nights caught up again 2night,passed out at just after 8 watching TNT pregame...
     
    $hr crosses were of the DMI line Wall,and you could see them all coming b4 11am
    Reply
    Sorry fellas the late nights caught up again 2night,passed out at just after 8 watching TNT pregame...
     
    $hr crosses were of the DMI line Wall,and you could see them all coming b4 11am
     
    popinjay
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    Posted: Nov. 13, 2008 - 11:45 PM ET #32

    Quote Originally Posted by bucknuts:

    Sorry fellas the late nights caught up again 2night,passed out at just after 8 watching TNT pregame...
     
    $hr crosses were of the DMI line Wall,and you could see them all coming b4 11am
     
     good thing my company is going in the shitter and i dont care anymore
    Reply
    Quote Originally Posted by bucknuts:

    Sorry fellas the late nights caught up again 2night,passed out at just after 8 watching TNT pregame...
     
    $hr crosses were of the DMI line Wall,and you could see them all coming b4 11am
     
     good thing my company is going in the shitter and i dont care anymore
     
    wallstreetcappers
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    Posted: Nov. 13, 2008 - 11:53 PM ET #33

    So what measures, below the 50 above the 25?

    Just saw this and trying to derive where it comes from. MOST technical indicators have similar backgrounds or roots.

    I see blue/green/purple lines..so green over blue is buy and blue below green is a sell.

    What about the purple?
    Reply
    So what measures, below the 50 above the 25?

    Just saw this and trying to derive where it comes from. MOST technical indicators have similar backgrounds or roots.

    I see blue/green/purple lines..so green over blue is buy and blue below green is a sell.

    What about the purple?
     
    popinjay
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    Posted: Nov. 13, 2008 - 11:54 PM ET #34

    ha just read what i wrote... kinda tipsy pardon the talk fellas(thursdays the night out with the boys, but im still getting it from the ladyfriend tongiht )
     
    dont see much on the 4hrs... EUR/GBP and EUR/CHF look interesting but not enough to fit system
     
    buck, i notice you're very selective with your trades.. maybe one or two (three max) per day, true?
     
    Reply
    ha just read what i wrote... kinda tipsy pardon the talk fellas(thursdays the night out with the boys, but im still getting it from the ladyfriend tongiht )
     
    dont see much on the 4hrs... EUR/GBP and EUR/CHF look interesting but not enough to fit system
     
    buck, i notice you're very selective with your trades.. maybe one or two (three max) per day, true?
     
     
    wallstreetcappers
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    Posted: Nov. 13, 2008 - 11:57 PM ET #35

    Wait..

    Green is ADX, Blue is DM+ and Purplue is DM-



    ADX is directional and it looks like when all three converge it means a slow trend in effect.

    Id have to see more to get an idea how strong this indicator is and if everyone uses it, does it serve a great technical purpose?
    Reply
    Wait..

    Green is ADX, Blue is DM+ and Purplue is DM-



    ADX is directional and it looks like when all three converge it means a slow trend in effect.

    Id have to see more to get an idea how strong this indicator is and if everyone uses it, does it serve a great technical purpose?
     
    popinjay
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    Posted: Nov. 13, 2008 - 11:57 PM ET #36

    wall, i think for buck he only trades the purple (+dmi).... if its crossing down across over the -dmi or the adx AND the rsi is trending that way then its a sell and vice versa
    Reply
    wall, i think for buck he only trades the purple (+dmi).... if its crossing down across over the -dmi or the adx AND the rsi is trending that way then its a sell and vice versa
     
    popinjay
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    Posted: Nov. 14, 2008 - 12:00 AM ET #37

    i dont fully understand the dmi though.  so the +dmi if it is sloping upwards indicates that the trend is moving up but the -dmi if it is sloping upwards indicates a downward trend .
     
    based on this aren't they equal and opposite of each other
    Reply
    i dont fully understand the dmi though.  so the +dmi if it is sloping upwards indicates that the trend is moving up but the -dmi if it is sloping upwards indicates a downward trend .
     
    based on this aren't they equal and opposite of each other
     
    bucknuts
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    Posted: Nov. 14, 2008 - 12:02 AM ET #38

    1iron EUR/GBP was the closest to a top top today....look at the 4hr and zoom out twice it was almost perfect.....but it was really nice cause the pip price is so much better on that one,i set my limit at $800 after i watched it drop and climb right back just b4 i passed out....
     
    +$6140 for the week and maybe something still tonight...anything look like it could be a go fellas
    Reply
    1iron EUR/GBP was the closest to a top top today....look at the 4hr and zoom out twice it was almost perfect.....but it was really nice cause the pip price is so much better on that one,i set my limit at $800 after i watched it drop and climb right back just b4 i passed out....
     
    +$6140 for the week and maybe something still tonight...anything look like it could be a go fellas
     
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    Posted: Nov. 14, 2008 - 12:13 AM ET #39

    the DMI crosses on the 4hr are great plays no doubt....but if you come across a +DMI top with RSI top or bottom for both they are the biggest movers,in my little system anyway,they just dont happen much during the hrs we are all on here
     
    If you look back through the charts most of them are early am up to about noon
    Reply
    the DMI crosses on the 4hr are great plays no doubt....but if you come across a +DMI top with RSI top or bottom for both they are the biggest movers,in my little system anyway,they just dont happen much during the hrs we are all on here
     
    If you look back through the charts most of them are early am up to about noon
     
    bucknuts
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    Posted: Nov. 14, 2008 - 12:20 AM ET #40

    Quote Originally Posted by popinjay:

    buck, i notice you're very selective with your trades.. maybe one or two (three max) per day, true?
     

    Im not as selective as my brother would like but yes.....some days i get one and other days as many as  three or four but  most of the time the pairs all move together like today with all the crosses at 10-11 am,so if you get that m,any trades in youve spent most the day looking at your monitor

                                                                                                   

    Reply
    Quote Originally Posted by popinjay:

    buck, i notice you're very selective with your trades.. maybe one or two (three max) per day, true?
     

    Im not as selective as my brother would like but yes.....some days i get one and other days as many as  three or four but  most of the time the pairs all move together like today with all the crosses at 10-11 am,so if you get that m,any trades in youve spent most the day looking at your monitor

                                                                                                   

     
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    Posted: Nov. 14, 2008 - 12:22 AM ET #41

    why didnt any of you trade the +DMI ADX cross in EUR/$  at 19:00?
    Reply
    why didnt any of you trade the +DMI ADX cross in EUR/$  at 19:00?
     
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    Posted: Nov. 14, 2008 - 12:25 AM ET #42

    It looks like a 1hr chart using the DMI is useless..it trends up and down and back and forth with very little correlative price move.
    Reply
    It looks like a 1hr chart using the DMI is useless..it trends up and down and back and forth with very little correlative price move.
     
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    Posted: Nov. 14, 2008 - 12:26 AM ET #43

    USD/CHF was also a buy at 11pm with the DMIs about to cross,+DMI popping up through -DMI.......both CHF and EUR were on the 2hr charts
    Reply
    USD/CHF was also a buy at 11pm with the DMIs about to cross,+DMI popping up through -DMI.......both CHF and EUR were on the 2hr charts
     
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    Posted: Nov. 14, 2008 - 12:27 AM ET #44

    Quote Originally Posted by bucknuts:

    why didnt any of you trade the +DMI ADX cross in EUR/$  at 19:00?


    Was watching the football game, and until now I didnt even know how to find the indicator..Ive been using RSI and chart formations thus far.

    Im up 650 or so in two days using 1 lot..not too bad.
    Reply
    Quote Originally Posted by bucknuts:

    why didnt any of you trade the +DMI ADX cross in EUR/$  at 19:00?


    Was watching the football game, and until now I didnt even know how to find the indicator..Ive been using RSI and chart formations thus far.

    Im up 650 or so in two days using 1 lot..not too bad.
     
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    Posted: Nov. 14, 2008 - 12:30 AM ET #45

    looking at the charts for a couple days i dont really like the 1hrs.  like you said wall, there seems to be little correlation b/w the trends and price move.  been looking at the 4hrs and when they look good i go down to the 15-5min charts
    Reply
    looking at the charts for a couple days i dont really like the 1hrs.  like you said wall, there seems to be little correlation b/w the trends and price move.  been looking at the 4hrs and when they look good i go down to the 15-5min charts
     
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    Posted: Nov. 14, 2008 - 12:32 AM ET #46

    Yeah the 1hr chart is good for trying to locate a good entry....i spot what i like off the 4hr and 2hr...
    Reply
    Yeah the 1hr chart is good for trying to locate a good entry....i spot what i like off the 4hr and 2hr...
     
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    Posted: Nov. 14, 2008 - 12:32 AM ET #47

    Quote Originally Posted by bucknuts:

    USD/CHF was also a buy at 11pm with the DMIs about to cross,+DMI popping up through -DMI.......both CHF and EUR were on the 2hr charts
     
    i see it on the 2hrs buck, but i thought we are mainly looking at the 4hrs?
    Reply
    Quote Originally Posted by bucknuts:

    USD/CHF was also a buy at 11pm with the DMIs about to cross,+DMI popping up through -DMI.......both CHF and EUR were on the 2hr charts
     
    i see it on the 2hrs buck, but i thought we are mainly looking at the 4hrs?
     
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    Posted: Nov. 14, 2008 - 12:33 AM ET #48

    ahh so 4hrs and 2hrs are both good
    Reply
    ahh so 4hrs and 2hrs are both good
     
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    Posted: Nov. 14, 2008 - 12:39 AM ET #49

    You could see the cross coming in USD/CAD by 9pm.........the nap turned out to be a costly one and i missed the Cavs game
     
    Hey guys look at the daily on EUR/GBP
    Reply
    You could see the cross coming in USD/CAD by 9pm.........the nap turned out to be a costly one and i missed the Cavs game
     
    Hey guys look at the daily on EUR/GBP
     
     
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    Posted: Nov. 14, 2008 - 12:44 AM ET #50

    oct 21
    Reply
    oct 21
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