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Updated January 28, 2024
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May 23rd, 2012, 10:11 AM
Mumbai+India
Posts: 35 since May 2012
Thanks Given: 5
Thanks Received: 12
for me its a WTF moment, damn thing is draining my account lol
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
May 23rd, 2012, 10:17 AM
Quebec Canada
Market Wizard
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,529 since Oct 2009
Thanks Given: 4,183
Thanks Received: 6,029
monpere
@trendisyourfriend,
Is that a 4 hour chart? Here's what I see in my 4 hour chart, but no entry signal yet.
Yes it is. I am using FXCM platform and their free Forex datafeed. This is the same feed used and offered by Kinetick and DTN/IQ.
Who's your datafeed provider?
May 23rd, 2012, 10:17 AM
somewhere, brazil
Experience: Intermediate
Platform: metatrader
Trading: forex
Posts: 60 since Jul 2011
Thanks Given: 0
Thanks Received: 23
Ali Huzaifa
for me its a
WTF moment, damn thing is draining my account lol
If you're not sure, don't trade. That way you won't lose any money.
May 23rd, 2012, 10:17 AM
Mumbai+India
Posts: 35 since May 2012
Thanks Given: 5
Thanks Received: 12
May 23rd, 2012, 10:19 AM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,618 since Jun 2009
Thanks Given: 33,331
Thanks Received: 101,938
I got out a few minutes ago at 34, was too busy in chatbox to post.
I am on sidelines now for Euro. I can't short down here, and will wait before starting a new long. Probably won't be today.
Mike
May 23rd, 2012, 11:32 AM
Beer-Sheva, Israel
Experience: Advanced
Platform: NinjaTrader
Trading: YM
Posts: 22 since Oct 2011
Thanks Given: 107
Thanks Received: 7
From the weekly chart we can see that we are at support level (Red line)
For Long entry (short or long) - I think that it is too risky move to make in this point
The last month the markets are too sensitive and volatility is high
Therefore, to me, there much more sense to trade intraday (for now).
May 23rd, 2012, 11:33 AM
Quebec Canada
Market Wizard
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,529 since Oct 2009
Thanks Given: 4,183
Thanks Received: 6,029
Here are some scenarios on the USDCAD. I did not take the short as i am already loaded with other trade opportunities.
May 24th, 2012, 08:44 AM
Manta, Ecuador
Site Administrator Developer Swing Trader
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,618 since Jun 2009
Thanks Given: 33,331
Thanks Received: 101,938
Long a few from 2561, stop below 2500, targets from 2650 to 2750.
Edit to add, I got in this trade a while back, another all-nighter for me.
Mike
May 24th, 2012, 09:25 AM
Nottingham, United Kingdom
Experience: Intermediate
Platform: MT4, Ninja Trader
Trading: Forex, Futures (6E)
Posts: 38 since Oct 2011
Thanks Given: 38
Thanks Received: 31
Long from 2572 over a couple of hours ago. I know the smart money is looking to clearout all those sell orders from the last few days, so I want to milk it with them. Looking to get out @ 2648... It's looking good so far.
PS: Glad to see some have defected from FF.
Welcome... :-)
May 24th, 2012, 10:02 AM
Quebec Canada
Market Wizard
Experience: Intermediate
Platform: NinjaTrader
Broker: AMP/CQG
Trading: ES, NQ, YM
Frequency: Daily
Duration: Minutes
Posts: 4,529 since Oct 2009
Thanks Given: 4,183
Thanks Received: 6,029
traderx4
Long from 2572 over a couple of hours ago. I know the smart money is looking to clearout all those sell orders from the last few days , so I want to milk it with them. Looking to get out @ 2648... It's looking good so far.
PS: Glad to see some have defected from FF.
Welcome... :-)
How do you know what the smart money is cooking up given the uncertainties that prevail in the Euro zone, my expectation is still to the downside.
Last Updated on January 27, 2024