Best Thread Live Trading and General Chat Lounge

[Knell]

I don't use any service - I find too much info bad for my concentration. Anyway, I wouldn't mind some essential things - would you recommend them?

yes, absolutely, talking-forex.com is good, would not trade without it, ever

 

[Knell]

Dam it to bits, EU is now rolling over closing trade for +1, now short until end of the day going into close of month end

closing short now for +7, very indecisive,

bought gold for 1724...

 

[be-positive]

wakey was asking about you earlier but this shower have no heart ( only kiddig guys lol)

 

[wackypete2]

I'm fine, thanks, but bored out of my mind. I can't get back home yet though. Some roads are still closed and power is out along most of the coast.

Peter

 

[Lord Flasheart]

short usd/cad at 1.0006 sl 1.0026

taken 1/2 off at +13 rest at b/e

 

[Knell]

taken 1/2 off at +13 rest at b/e

incredible patience..nice trades

 

[splashy]

Free Forex Historical Data: Forex Currency Pairs

Use the above website and download a couple of years worth of high/low and closing prices for eur/usd. Put into a spreadsheet, calculate daily trading range and then average over 20 or 10 or 30 days (depends on you). Dependent on your excel skills you should be able to test retracement probabilities and other juicy bits..

Does that mean that a 60% chance of retracement means that it has retraced 60% of the time historically, rather than having any particular insight into this particular Pa?

 

[Knell]

Does that mean that a 60% chance of retracement means that it has retraced 60% of the time historically, rather than having any particular insight into this particular Pa?

60% on retracement? no, TR rather..

 

[splashy]

60% on retracement? no, TR rather..

ok sorry, but in general are your assumptions based more on historical data rather than immediate factors?

 

[Knell]

ok sorry, but in general are your assumptions based more on historical data rather than immediate factors?

Historical, yes. The trick is to judge which days you can rely on historical data and which days it's meaningless..the more you watch EU, the easier it is to spot.

 

[splashy]

Historical, yes. The trick is to judge which days you can rely on historical data and which days it's meaningless..the more you watch EU, the easier it is to spot.

Yep, thanks.

 

[Knell]

Morning, long Eu at 12934, sl 12894,

 

[be-positive]

Morning, long Eu at 12934, sl 12894,

something tells me you are on the button again cheesy:hustler :cheesy

 

[Knell]

something tells me you are on the button again cheesy:hustler :cheesy

Hustler?:whistling..I'll be gutted if 12925 is not the low for EU today..

 

[Knell]

long eur/gbp at 8006, stop at 7966, I think euro will bounce from about here..

 

[Pat494]

say one was to keep track of 5 fx charts which 5 would you suggest and why ?
would it be a good idea to concentrate on 1, such as eur/? or mix them up a bit ?

 

[ZEN archer]

Hustler?:whistling..I'll be gutted if 12925 is not the low for EU today..

Are you gutted, but still in K?

it may start moving up imo

 

[Knell]

Are you gutted, but still in K?

it may start moving up imo

still in, don't keep my stops that close

 

[be-positive]

still in, don't keep my stops that close

what about women ??? (lol) are they kept close

 

[Knell]

what about women ??? (lol) are they kept close

haha, yep close but not as close as my money!!