See that? If you waited and traded right at that first level (840-49) on this chart that I posted three days ago, it was a nice safe trade. Not a major run, but still good risk/reward no matter what signal you used to enter it. It was even better ...

EURUSD

I have 792 with setting 5 for mine too.

The Really Useless Thread

Nope. Just a fan of the unmatchable Cloggie, bless him, wherever he is. (If it was him he'd have got it right to the pip - no 10 pip wiggle room.)

The Really Useless Thread

If you use 30 you'll get his 822

The Really Useless Thread

For today about 835-845.

The Really Useless Thread

Looks to be the 30 day on yours. Maybe need a new feature showing 3 day, weekly and monthly on the chart

The Really Useless Thread

My ADR calculator has 929 as the weekly high, so it is doable, and if tomorrow is an up day it's within a doable daily range. Doesn't mean it will happen, just that it's within normal daily and weekly ranges. It's worth noting that this IS still a ...

EURUSD

I have next Rs at 817-822, 840-856, 869-880 and 902-920, and 956 with 902-920 and 956 being the safest for shorts in my opinion. But me, I never how how far they're gonna take it. Those are just the places I look to see what PA is telling me. I did ...

EURUSD

My bet is they run the stops above 800. They spent to much time building it to resist.

EURUSD

You see that? See what I mean? See the note to myself on the chart I posted yesterday to buy 663? (They only got to 65 today because the ADR low for a two way day today is 67 and they usually bounce it there, even on days that are one way.). Doesn't ...

EURUSD

If I remember correctly he said it's because they want to be neutral for risk. If they keep the longs after the options expire they aren't. (Which isn't to say that they won't have made a profit on those longs if they bought them, say 25 pips below ...

EURUSD

Won't help em. My strategy is to figure out what they're doing and do it too. I'm not one of the 'to the pip' guys. I wait to see if price is going to react at those areas.

EURUSD

The trick is to recognize what game the big boys are playing now by understanding what the chart is telling you. This is what I do. This is a screenshot of two of my charts. The text in red on the first chart is what I wrote to myself at 7am GMT as ...

EURUSD

Well, I didn't understand all of it but there was one thing he said that made a lot of sense and you could see it on the chart. Suppose the market has bought a lot of 800 calls. That means the market makers sold them. Now they are making money of ...

EURUSD

The famous (or infamous) Cloggie said 10,000 hours of screen time. Which (or so I've read), is about what it takes to become expert in a lot of things - 10,000 hours.

EURUSD

I dunno. I listened to a good lecture by someone who seemed to have a lot of trading experience about the effect of gamma scalping because of options strike values on price before and after expiry, and the places he pointed out on the chart did seem ...

EURUSD

Well, at the most basic level, where you see the most money is where most people who are buying the options think price should be above/below, and most people who are selling them think opposite. Now, you have to ask yourself, who buys options, who ...

EURUSD

Big boys still following plan in this post. Third day in row of positioning in this area. My guess is big orders in the yellow box, with maybe some spikes above upto 840 to sucker in retail traders. If this area goes 908-920 is the next place to ...

EURUSD

Do these guys know how to follow a plan or what?

EURUSD

I don't really have good support here. I definitely wouldn't long here. For me the place to long was around 550-570 last week. But these are the places I'm watching and if I was long I'd put the stop a bit below 720 and that trendline. I don't think ...

EURUSD