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    All Forums | Investments

    Only 361 shopping days b4 xmas......FOREX

    «First Previous 567 ... 121314 Next Last»
    bucknuts
    kamphil
    Phishalot
    prof8t
    icemantbi
    ...
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    «First Previous 567 ... 121314 Next Last»
     
    bucknuts
    bucknuts
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    Posted: Jan. 8, 2010 - 2:51 AM ET #101

    I still like that EUR/CHF daily chart....zoom out a few times...RSI hasnt been this low since last Jan and the +DI is at 6.1 and i dont see it that low on the chart in over a year...last time the RSI bottomed out it bounced up 400 pips...maybe the news will be the trigger

    Reply

    I still like that EUR/CHF daily chart....zoom out a few times...RSI hasnt been this low since last Jan and the +DI is at 6.1 and i dont see it that low on the chart in over a year...last time the RSI bottomed out it bounced up 400 pips...maybe the news will be the trigger

     
    bucknuts
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    Posted: Jan. 8, 2010 - 3:10 AM ET #102

    Hey Kam shoot me a PM if youre still around
    Reply
    Hey Kam shoot me a PM if youre still around
     
    bucknuts
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    Posted: Jan. 8, 2010 - 3:19 AM ET #103

    Quote Originally Posted by LT3976:

    buck...how strong does the rsi factor into your trades?  i've been trying to find trades with the di crosses and rsi that agrees, but have seen a few where there would be a cross but rsi would be on other end of spectrum.

    I tried to limit my trades to those with the RSI close or beyond those key levels of 35@70 but those arent as common...thats why i started going for less pips and making more trades...ill trade almost any cross but i need to like the longer and shorter term charts first...

    We had a few good crosses today...JPY actually came through...i was in and out b4 the cross though prob shouldve held for more profit...thats something youll be saying alot BTW..but its better to get out and move on

     

    Reply

    Quote Originally Posted by LT3976:

    buck...how strong does the rsi factor into your trades?  i've been trying to find trades with the di crosses and rsi that agrees, but have seen a few where there would be a cross but rsi would be on other end of spectrum.

    I tried to limit my trades to those with the RSI close or beyond those key levels of 35@70 but those arent as common...thats why i started going for less pips and making more trades...ill trade almost any cross but i need to like the longer and shorter term charts first...

    We had a few good crosses today...JPY actually came through...i was in and out b4 the cross though prob shouldve held for more profit...thats something youll be saying alot BTW..but its better to get out and move on

     

     
    kamphil
    kamphil
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    Posted: Jan. 8, 2010 - 5:46 AM ET #104

    buck    Im around, I live in Midwest and we're digging out from a foot of snow, will be busy until Sunday       would like to talk to you more
    Reply
    buck    Im around, I live in Midwest and we're digging out from a foot of snow, will be busy until Sunday       would like to talk to you more
     
    bucknuts
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    Posted: Jan. 8, 2010 - 5:59 AM ET #105

    im with ya buddy...central Ohio here....we got hit too
    Reply
    im with ya buddy...central Ohio here....we got hit too
     
    Phishalot
    Phishalot
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    Posted: Jan. 8, 2010 - 9:53 AM ET #106

    Wow 130 pips in 15 min. Did you all see the Eur/usd shoot up after that jobs report. Is this normal when these reports come out?

    Reply

    Wow 130 pips in 15 min. Did you all see the Eur/usd shoot up after that jobs report. Is this normal when these reports come out?

     
    bucknuts
    bucknuts
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    Posted: Jan. 8, 2010 - 12:12 PM ET #107

    yeah...thats what i was sayn....ive seen some crazy shit happen
    Reply
    yeah...thats what i was sayn....ive seen some crazy shit happen
     
    prof8t
    prof8t
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    Posted: Jan. 8, 2010 - 10:08 PM ET #108

    I found this application that allows you to create your own signaling program in MT4.  No programming skills required, just drag and drop the icons onto a flowchart and set up rules.  The site is www.molanis.com.  

    I was thinking of using it to create a signal alert that will capture bucknut's signals based upon his trading strategy.  Problem is, I'm still a newbie at this and I am still trying to understand the strategy he uses.   Would anyone else be interested in possibly looking into this and creating a signal?
    Reply
    I found this application that allows you to create your own signaling program in MT4.  No programming skills required, just drag and drop the icons onto a flowchart and set up rules.  The site is www.molanis.com.  

    I was thinking of using it to create a signal alert that will capture bucknut's signals based upon his trading strategy.  Problem is, I'm still a newbie at this and I am still trying to understand the strategy he uses.   Would anyone else be interested in possibly looking into this and creating a signal?
     
    bucknuts
    bucknuts
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    Posted: Jan. 9, 2010 - 7:18 AM ET #109

    I dont use MT4 and i havent looked at these programs...it would have to alert you of a cross though and not just when the DIs reach certain levels is that an option?

    I guess it would be ok for an alert type of system but i dont want the program trading for me cause i dont set stops...i like to be able to watch and work my way out if need be...

    The way i like to trade is pretty easy to grasp though Prof8t just shoot me a PM and ill go over a chart with ya if you want...all it is watch for the DIs to cross or the +DI with the ADX...

    Reply

    I dont use MT4 and i havent looked at these programs...it would have to alert you of a cross though and not just when the DIs reach certain levels is that an option?

    I guess it would be ok for an alert type of system but i dont want the program trading for me cause i dont set stops...i like to be able to watch and work my way out if need be...

    The way i like to trade is pretty easy to grasp though Prof8t just shoot me a PM and ill go over a chart with ya if you want...all it is watch for the DIs to cross or the +DI with the ADX...

     
    prof8t
    prof8t
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    Posted: Jan. 9, 2010 - 5:57 PM ET #110

    The program can be set up to just provides alerts.  Doesn't have to be set up to trade for you if you do not want that feature.
    Reply
    The program can be set up to just provides alerts.  Doesn't have to be set up to trade for you if you do not want that feature.
     
    bucknuts
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    Posted: Jan. 9, 2010 - 8:44 PM ET #111

    Ill go to the site and take a look...but like i said it would have to be able to alert you of the CROSS of the actual lines not just when they hit a certain level....and i dont have MT4

     

    Reply

    Ill go to the site and take a look...but like i said it would have to be able to alert you of the CROSS of the actual lines not just when they hit a certain level....and i dont have MT4

     

     
    bucknuts
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    Posted: Jan. 10, 2010 - 5:39 PM ET #112

    Im jumping in EUR/CHF again here and im gonna hold it...this thing is gonna bounce here soon...even if its that DEAD CAT BOUNCE not going to take 20 outta this one i want at least 100 pips............entry 1.4758

    Lets have another good week fellas

    Reply

    Im jumping in EUR/CHF again here and im gonna hold it...this thing is gonna bounce here soon...even if its that DEAD CAT BOUNCE not going to take 20 outta this one i want at least 100 pips............entry 1.4758

    Lets have another good week fellas

     
    bucknuts
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    Posted: Jan. 10, 2010 - 11:32 PM ET #113

    You guys around tonight?We had a cross in EUR/GBP and theres a +DI ADX coming now in NZD...im calling a sell here at 7403.....for 20 pips
    Reply
    You guys around tonight?We had a cross in EUR/GBP and theres a +DI ADX coming now in NZD...im calling a sell here at 7403.....for 20 pips
     
    icemantbi
    icemantbi
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    Posted: Jan. 11, 2010 - 3:14 AM ET #114

    Entering my first trade of the week:

    Shorting EUR/AUD

    Entered at 1.559

    Looking for 1.550
    Reply
    Entering my first trade of the week:

    Shorting EUR/AUD

    Entered at 1.559

    Looking for 1.550
     
    icemantbi
    icemantbi
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    Posted: Jan. 11, 2010 - 10:58 AM ET #115

    The mataf site has been a fade lately... wow, all their trades have been terrible!



    Lost 41 pips
    Reply
    The mataf site has been a fade lately... wow, all their trades have been terrible!



    Lost 41 pips
     
    rick3117
    rick3117
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    Posted: Jan. 11, 2010 - 12:10 PM ET #116

    ICE  I followed MATAF blindly for about a month a few months ago. 

    I would not recommend it. 

    I would rather follow Buck Blindly. 


    RIght now I have a short on aud/usd @9292

    a stop @.935
    and have not set a limit yet . 


    Reply
    ICE  I followed MATAF blindly for about a month a few months ago. 

    I would not recommend it. 

    I would rather follow Buck Blindly. 


    RIght now I have a short on aud/usd @9292

    a stop @.935
    and have not set a limit yet . 


     
    icemantbi
    icemantbi
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    Posted: Jan. 11, 2010 - 3:27 PM ET #117

    Quote Originally Posted by rick3117:

    ICE  I followed MATAF blindly for about a month a few months ago. 

    I would not recommend it. 

    I would rather follow Buck Blindly. 


    RIght now I have a short on aud/usd @9292

    a stop @.935
    and have not set a limit yet . 


    Yeah, you got that right.  Whoever is making those trades, makes no sense... They are going against the USD in EVERY trade, and the dollar rose, and usually if the USD appreciates against the EUR, you can bet your ass it will appreciate against the GBP, AUD and CHF..   I think their last 8 trades going back to Friday have all been losers...

    Reply

    Quote Originally Posted by rick3117:

    ICE  I followed MATAF blindly for about a month a few months ago. 

    I would not recommend it. 

    I would rather follow Buck Blindly. 


    RIght now I have a short on aud/usd @9292

    a stop @.935
    and have not set a limit yet . 


    Yeah, you got that right.  Whoever is making those trades, makes no sense... They are going against the USD in EVERY trade, and the dollar rose, and usually if the USD appreciates against the EUR, you can bet your ass it will appreciate against the GBP, AUD and CHF..   I think their last 8 trades going back to Friday have all been losers...

     
    bucknuts
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    Posted: Jan. 11, 2010 - 4:25 PM ET #118

    Just trade crosses Ice...just missed a good one in GBP..

    Ricks trade looks good and if you jump in now youll even get a better entry...it should cross on the 1hr and the rest of the charts should follow...the daily looks as though it could push as high as 9360 so i might raise my stop if i were you Rick but that should be the top....it could be forming a triple top here going back to mid November

    Went and watched Matt Russells daily video and hes watching EUR/AUD and EUR/CHF and a few others as well but since a few of us are in those i thought it was interesting...hes looking for both to reverse....he says though hes been stopped out of his last 5 tradesso i dont know if its a good or bad sign

    Reply

    Just trade crosses Ice...just missed a good one in GBP..

    Ricks trade looks good and if you jump in now youll even get a better entry...it should cross on the 1hr and the rest of the charts should follow...the daily looks as though it could push as high as 9360 so i might raise my stop if i were you Rick but that should be the top....it could be forming a triple top here going back to mid November

    Went and watched Matt Russells daily video and hes watching EUR/AUD and EUR/CHF and a few others as well but since a few of us are in those i thought it was interesting...hes looking for both to reverse....he says though hes been stopped out of his last 5 tradesso i dont know if its a good or bad sign

     
    wallstreetcappers
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    Posted: Jan. 11, 2010 - 4:51 PM ET #119

    I personally think the EU/AUD will end up being a MONSTER long..if we ever get a correction (keep saying that) the EU and the USD will be safe haven plays, lower risk and they will sell the crap out of the AUD.
    Reply
    I personally think the EU/AUD will end up being a MONSTER long..if we ever get a correction (keep saying that) the EU and the USD will be safe haven plays, lower risk and they will sell the crap out of the AUD.
     
    bucknuts
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    Posted: Jan. 11, 2010 - 5:00 PM ET #120

    Matt agrees Wall...hes been looking to get in but got stopped out...you just cant set small ass stops in this game
    Reply
    Matt agrees Wall...hes been looking to get in but got stopped out...you just cant set small ass stops in this game
     
    bucknuts
    bucknuts
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    Posted: Jan. 11, 2010 - 8:15 PM ET #121

    selling EUR/GBP....only going for 15-20 pips here ill leave it open and check it every so often
    Reply
    selling EUR/GBP....only going for 15-20 pips here ill leave it open and check it every so often
     
    oilcountry99
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    Posted: Jan. 11, 2010 - 8:15 PM ET #122

    Quote Originally Posted by bucknuts:

    Just trade crosses Ice...just missed a good one in GBP..


    Are you not trading the 4hr chart?  This cross showed up on the 1H....sorry for the ignorance but I'm just trying to join in here.


    I'm new to Forex, trying to get a feel for this thing and come up with a simple formula I feel comfortable trading before jumping in.

    I believe there is lots of green to be made in forex.

    Reply
    Quote Originally Posted by bucknuts:

    Just trade crosses Ice...just missed a good one in GBP..


    Are you not trading the 4hr chart?  This cross showed up on the 1H....sorry for the ignorance but I'm just trying to join in here.


    I'm new to Forex, trying to get a feel for this thing and come up with a simple formula I feel comfortable trading before jumping in.

    I believe there is lots of green to be made in forex.

     
    bucknuts
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    Posted: Jan. 11, 2010 - 8:15 PM ET #123

    entry 9006
    Reply
    entry 9006
     
    bucknuts
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    Posted: Jan. 11, 2010 - 8:23 PM ET #124

    The +DI and ADX crossed on the 4hr in the 11am block....dont see a cross on the other charts yet...it is setting up to have a DI cross on the 2hr so it should keep falling
    Reply
    The +DI and ADX crossed on the 4hr in the 11am block....dont see a cross on the other charts yet...it is setting up to have a DI cross on the 2hr so it should keep falling
     
     
    bucknuts
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    Posted: Jan. 11, 2010 - 8:28 PM ET #125

    Actually after looking at the hr chart i do see a cross of the DIs at 18:00...or 6pm...
    Reply
    Actually after looking at the hr chart i do see a cross of the DIs at 18:00...or 6pm...
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