Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

Originally Posted by MoneyInc.

Here you go A-yo and Colly, using an hourly chart. Where am I wrong? I need your TECHieness...lol

Who says you are wrong Nathaniel ?

Not me.

Its a count and counts are valid until they are not.

Originally Posted by Pivotal12

Quite minimal actually... And I am up quite considerably for the day, are you?

Please be precise if we are going to have a meaningful discussion that is.

Trade?
Target?
Stop Loss?

Originally Posted by Pivotal12

I mean, I know next to nothing about charts but this one looks to me a no brainer: Pointing UP, UP, UP with a minimal retreats tunnel... Am I right?

am i missing a post? i havnt seen you post a chart yet. do you need help posting a chart and give us a visual on what your looking at? id be more than happy to help you if you need it. mike

Originally Posted by Colly

Please be precise if we are going to have a meaningful discussion that is.

Trade?
Target?
Stop Loss?

I don't have a specific target on this position. I have 2 more possible entry points (at 1.22840 and 1.22948 -- with a third that I don't expect to be filled at 1.22576)

I don't use stop loss on this one. Average long position 1.23186

Any more specifics? Could you give yours?

Originally Posted by FLFOREX

am i missing a post? i havnt seen you post a chart yet. do you need help posting a chart and give us a visual on what your looking at? id be more than happy to help you if you need it. mike

Hey Mike, give him time, he's still trying to establish the difference between a pip and 0.1 pip

Originally Posted by FLFOREX

am i missing a post? i havnt seen you post a chart yet. do you need help posting a chart and give us a visual on what your looking at? id be more than happy to help you if you need it. mike

Thank you but since I don't know too much about charts, I just use the ones you guys post... the little that I use them. The last one posted (and all the previous ones), point to me only towards one direction and that is up.

Thank you for the offer and be sure when I use other charts that I believe can help others, I will take you on the offer.

Also I have stated several times that my trading is fundamentally er... fundamental, more than technical.

Originally Posted by Pivotal12

I don't have a specific target on this position. I have 2 more possible entry points (at 1.22840 and 1.22948 -- with a third that I don't expect to be filled at 1.22576)

I don't use stop loss on this one. Average long position 1.23186

Any more specifics? Could you give yours?

So, let me get this right ok....

You say the risk is "quite minimal" and you have no stop loss.

Gotcha!!

You can find mine by looking at the crystal clear chart and written words that were provided immediately before your challenge of my choice.

For me this conversation has now concluded. Good luck!

See chart below..

Originally Posted by Colly

Hey Mike, give him time, he's still trying to establish the difference between a pip and 0.1 pip

I already did that very early on today. Is it significant or just semantics?

Originally Posted by Colly

Hey Mike, give him time, he's still trying to establish the difference between a pip and 0.1 pip

Play nice colly, im just offering help if he needs it, i would do it for anyone in here,no matter their view, if i can be of help to any other trader, i extend my hand, thats what we do for one another... nothing more nothing less.

Originally Posted by Sean Hyman

Yeah, doubling down is always a mistake over time unless you originally had "X" amount of lots that you'd alloted for the trade...and firstly you put on 1/2 of those lots and later on put on the other 1/2 to complete your original position size that you'd planned to put on.

The entire position should be small enough to where if you're stopped out it would only eat away 5% or less of your capital. Just my two cents.

Sean,

The euro/usd has to break 1.2349 ( ? ) to reach the levels what you said yesterday. But before that the price has been falling and giving anxious moments. lol

Hello everyboy.
Would like to ask for someone more experienced than me. Is it a good idea to put an entry SHORT position in the level of 1.245 and the LONG position at the level of 1.260? If I understood well the lesson, we should short once the previous low has been broken and get long once the previous high or the ascending triangle is broken up. how far from the channel my entries should be placed? Thank You.

Originally Posted by Colly

So, let me get this right ok....

You say the risk is "quite minimal" and you have no stop loss.

Gotcha!!

You can find mine by looking at the crystal clear chart and written words that were provided immediately before your challenge of my choice.

For me this conversation has now concluded. Good luck!

Wow you see "challenges" everywhere, don't you. I don't question, much less chanllenges, anyone's methods, techniques or whatever. Yours even less. I just wondered if I had understood it correctly but you don't clarify nothing even though you request total specific disclosure... is that your idea of "meaningful" exchange?

For me the conversation is also over, there's no point really because you obviously read and "see" things that are only in your mind and it is very difficult to understand ech other that way.

By the way, my position just about to go green, should I put a STOP LOSS to reduce completely the exposure, or let it ride if I am convinced we are going higher?
It IS a rhetorical question.... Good luck.

Originally Posted by Pivotal12

I already did that very early on today. Is it significant or just semantics?

It is a clear indication of the "significance" of your so-called "experience".

The potential risk, with no stop loss, is 100% of your account, and that again is also significant of that "experience".

Have you noticed Pivotal that no-one is agreeing with you here although we still try to help you?

That could very soon change I think you may find.

Originally Posted by MoneyInc.

See chart below..

I would say: " I hope so Bud! "