EURUSD 6E Euro - Currency Futures | futures io social day trading
futures io futures trading


EURUSD 6E Euro
Updated: Views / Replies:270,988 / 2,361
Created: by Big Mike Attachments:1,054

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 1,054  
 
Thread Tools Search this Thread
 

EURUSD 6E Euro

  #1041 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,276 received


monpere View Post
Approx 5:1 trade so far, entering at the close of the bar with the arrow, initial stop a couple of ticks below the lows, and trailing the stop a couple of ticks behind each new bar

When it gets near the end of the day, I like to tighten my trailing stop by moving it half way up any wide range bar, instead of behind it. In this case I am showing the trailing stop with the target line (RiskReward indicator), so as to retain and show where the original stop was.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by monpere; February 16th, 2012 at 04:52 PM.
Reply With Quote
The following 4 users say Thank You to monpere for this post:
 
  #1042 (permalink)
Elite Member
London, England
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: EUR
 
Trafford's Avatar
 
Posts: 337 since Sep 2010
Thanks: 379 given, 227 received

EU Update

Writing in this thread has helped me to see the bigger picture, be more patient and to try new things and be more accountable

Attached Thumbnails
EURUSD 6E Euro-eu16feb1.png   EURUSD 6E Euro-eu16feb2.png  
Reply With Quote
The following 3 users say Thank You to Trafford for this post:
 
  #1043 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,697 since Oct 2009
Thanks: 3,041 given, 4,496 received


Question for you, what made you think the candle where you entered was the one that would mark the end of the down move ? the candle closed in the middle of its range, not a strong close in my book and just at equality with the lows of 3 previous bars. Did you use a lower time frame ?


monpere View Post
When it gets near the end of the day, I like to tighten my trailing stop by moving it half way up any wide range bar, instead of behind it. In this case I am showing the trailing stop with the target line (RiskReward indicator), so as to retain and show where the original stop was.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Reply With Quote
The following 2 users say Thank You to trendisyourfriend for this post:
 
  #1044 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,276 received


trendisyourfriend View Post
Question for you, what made you think the candle where you entered was the one that would mark the end of the down move ? the candle closed in the middle of its range, not a strong close in my book and just at equality with the lows of 3 previous bars. Did you use a lower time frame ?

I am not a price action trader, I use indicators. I use only one chart to trade, no lower timeframe, no higher timeframe. The indicator on the chart identifies the entry, the way I've learned to read it. I also have 2 additional indicators to confirm my entries. That bar was the entry bar confirmed by all indicators. The entry for me is imperative, my aim is to enter on the bar that forms the apex of a reversal swing, as that offers me the best risk/reward. I start stalking and waiting for that entry from the beginning of the dashed lines drawn, where the divergence starts to form.


Last edited by monpere; February 17th, 2012 at 12:50 AM.
Reply With Quote
The following 2 users say Thank You to monpere for this post:
 
  #1045 (permalink)
Sharpening mental edge
the congo
 
Futures Experience: Advanced
Platform: North sea oil rig
Favorite Futures: Cl
 
rassi's Avatar
 
Posts: 827 since Jun 2009
Thanks: 1,154 given, 926 received
Forum Reputation: Legendary


monpere View Post
I am not a price action trader, I use indicators. I use only one chart to trade, no lower timeframe, no higher timeframe. The indicator on the chart identifies the entry, the way I've learned to read it. I also have 2 additional indicators to confirm my entries. That bar was the entry bar confirmed by all indicators. The entry for me is imperative, my aim is to enter on the bar that forms the apex of a reversal swing, as that offers me the best risk/reward. I start stalking and waiting for that entry from the beginning of the dashed lines drawn, where the divergence starts to form.

Are you trading hidden divergence as well or just regular?

Reply With Quote
 
  #1046 (permalink)
Elite Member
London, England
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: EUR
 
Trafford's Avatar
 
Posts: 337 since Sep 2010
Thanks: 379 given, 227 received


trendisyourfriend View Post
Question for you, what made you think the candle where you entered was the one that would mark the end of the down move ? the candle closed in the middle of its range, not a strong close in my book and just at equality with the lows of 3 previous bars. Did you use a lower time frame ?

So monpere you were very vocal about the contributions made in this thread but I did not see any contributions from you in this thread as to what you were looking at prior to your trade. Why was that do you think? I am curious to why that was

Reply With Quote
 
  #1047 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,276 received


rassi View Post
Are you trading hidden divergence as well or just regular?

I only trade regular divergence, I don't believe in hidden divergence, the theory behind it never really struck an accord with me. I feel you should never trade a market phenomenon you don't fully understand or does not fully resonate with you.


Last edited by monpere; February 17th, 2012 at 09:25 AM.
Reply With Quote
The following user says Thank You to monpere for this post:
 
  #1048 (permalink)
Elite Member
Bala, PA, USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,276 received


Trafford View Post
So monpere you were very vocal about the contributions made in this thread but I did not see any contributions from you in this thread as to what you were looking at prior to your trade. Why was that do you think? I am curious to why that was

I'm not asking to turn the thread into a trade calling service. I'm saying, if you offer an analysis, follow up and show how that analysis turned into a trade or not, and if so, how that trade turned out, or would have hypothetically turned out.


Last edited by monpere; February 17th, 2012 at 09:00 AM.
Reply With Quote
The following user says Thank You to monpere for this post:
 
  #1049 (permalink)
Elite Member
London, England
 
Futures Experience: Intermediate
Platform: Ninja
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: EUR
 
Trafford's Avatar
 
Posts: 337 since Sep 2010
Thanks: 379 given, 227 received

Okay got you. Make sense.

Reply With Quote
 
  #1050 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,697 since Oct 2009
Thanks: 3,041 given, 4,496 received


I know your preference about your regular timeframe but was kind of surprise to see a trade of yours on a 60 minute chart. However, despite your explanations, i still did not get why your entry price is so close to the apex on the 60 min. How can an indicator trigger an entry at that price on such a slow timeframe ? So if you don't mind, i will reformulate my question, what were you looking at on the 60 min. chart that told you the timing was perfect to pull the trigger for a long at the price indicated just in front of the round number ?


monpere View Post
I am not a price action trader, I use indicators. I use only one chart to trade, no lower timeframe, no higher timeframe. The indicator on the chart identifies the entry, the way I've learned to read it. I also have 2 additional indicators to confirm my entries. That bar was the entry bar confirmed by all indicators. The entry for me is imperative, my aim is to enter on the bar that forms the apex of a reversal swing, as that offers me the best risk/reward. I start stalking and waiting for that entry from the beginning of the dashed lines drawn, where the divergence starts to form.


Reply With Quote

Reply



futures io > > > > EURUSD 6E Euro

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading mini euro ( E7) or micro euro (M6E) currency futures ??? rw48gmx Currency Futures 115 November 14th, 2017 04:58 PM
NinjaTrader tick charts for Scalping the 6E Euro TickTrader Currency Futures 5 October 15th, 2011 10:27 AM
6E (EURUSD) trading alex123 Elite Trading Journals 35 September 17th, 2011 09:15 PM
6E and Euro spot key levels josh Currency Futures 5 July 23rd, 2011 12:25 PM
Big discrepancy 6E/@EU# vs. EURUSD spot Laurus12 Currency Futures 7 June 9th, 2011 09:12 PM


All times are GMT -4. The time now is 11:50 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.14 seconds with 20 queries on phoenix via your IP 54.234.255.29