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


EURUSD 6E Euro
Updated: Views / Replies:270,734 / 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 – 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 don’t 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

  #1751 (permalink)
Elite Member
maui
 
Futures Experience: Beginner
Platform: NT, TWS
Broker/Data: IB.AMP.CQG.DTN
Favorite Futures: Currency, Futures, Options
 
peterg's Avatar
 
Posts: 119 since Mar 2010
Thanks: 28 given, 174 received

After Monster Gap look for exhaustion top and retracement entry


Adamus View Post
Peter, what are the diagonals sloping down from left to right? They don't look like any trend I can see on that chart. Which one is the mid-trend? Yellow? Or is it a channel?

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


Its a 4hr chart so candle wick extremes matter; its big picture inside the daily, two candles per each session: Asian, London & Us... with one lap candle in the last two.

So I'm defining the swing range using the extreme wick on the opening gap candle for Point 1 and connecting through Pt. 2 a tight 4hr MSH at lap candle because I know they're high vol and are max. participation and extending channel tool through last significant extreme swing low Pt. 3, using a quartile channel array (25% divisions) with median(read 50% inside ) and outside channel projections/extensions/offsets ( could use 25% since they hit, as do 12.5%)..... but that's the future target projection, or stop level if I'm selling the gap.

But We want to buy the past we missed

So for the pull back buy, Yes.... focus on the Yellow median value 50% channel level.
For horizontal levels Confluence confirmation add fib retracement levels of the swing range.

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


So some guys just buy against the median, others against the the 62Ret, other "esoterics" off the static quartiles here 1.2250. Freaks, like myself, focus on octaves 1.2125, 1.2250, 1.2375, 1.2500, all seem active here...if you really look at the chart...... or maybe its actually the fibs.

.....Whatever.... the more confluence the more participation/commitment$ at that specific level.

Diagonals TLs define directional momentum, by degree angle shallow or steep, sometimes impulsive Meatloaf, other times corrective Sloppy Joe

Horizontals TLs define Static S/R again by degree soft or hard, Fillet or NY Strip.... sometimes breakdown T-Bone

Reply With Quote
The following 2 users say Thank You to peterg for this post:
 
  #1752 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received

I've been trying to get into some shorts here between 1.2526 and 1.2531 for almost two hours. Got filled on a one lot at 26 but the market isn't cooperating with my plan. My target was at 1.2508/06 but now I'm thinking if the VWAP, Pivot and POC hold back the bulls and price does fall, it might carry to 1.2480/78. If I stick with this plan and price revisits the high, I'll be all in with my shorts, but all stopped out at the high.

It's been raining here for days with lightning and some wind ...... not good for internet reliability around here, another concern.


Last edited by Cashish; August 27th, 2012 at 02:27 PM.
Reply With Quote
The following user says Thank You to Cashish for this post:
 
  #1753 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received


These shorts started to ride up my ass

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


so I took ten ticks on the one lot and got turned around long on a pair. London's on holiday, no US news, My Wife is freaking out over the weather, I'm hoping my internet doesn't go out and I'm hungry. I'm long from '15 my target is a retest of the Pivot at 26. I think I'll try to hold on till 2pm then dump it all.

Reply With Quote
 
  #1754 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,214 received

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


Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 2 users say Thank You to Big Mike for this post:
 
  #1755 (permalink)
Elite Member
Perdido Beach, AL
 
Futures Experience: Intermediate
Platform: graph paper
Favorite Futures: Guitar
 
websouth's Avatar
 
Posts: 1,150 since Jul 2009
Thanks: 1,094 given, 1,299 received

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

“Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.” - Dr. Seuss
Reply With Quote
The following 2 users say Thank You to websouth for this post:
 
  #1756 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received

After rotating around the Buy Number for a couple of hours (testing my sanity) Price has made it's way to yesterday's Value Area. "Behold I stand at the door and knock" Now What?? Back to the safety of today's volume (POC) or test yesterday's VA (Sell Number) and put some heat on those shorts up there. Or just rotate around even for the rest of the day.

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

Reply With Quote
 
  #1757 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received

Don't just stand there, Bust a Move


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

Reply With Quote
 
  #1758 (permalink)
Elite Member
Miami FL USA
 
Futures Experience: Advanced
Platform: Ensign 10, NT7 DOM
Broker/Data: IB, IQ
Favorite Futures: Currency Futures
 
Cashish's Avatar
 
Posts: 803 since May 2011
Thanks: 811 given, 2,103 received

I'm Done.

If this market hasn't AMPED you up this will.


Reply With Quote
 
  #1759 (permalink)
Elite Member
denver, colorado
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: ZS
 
Surly's Avatar
 
Posts: 704 since Mar 2011
Thanks: 628 given, 1,242 received

This one took some patience. I was pissed at missing the longs from 2550 and could have been less patient. I waited for price to get back to my 5m 20p EMA and stabilize to buy. I think the market looks bullish and I think a test of 2600 today is not out of the question. How long will I wait? I'm not sure but I'd like to hold this trade for a solid attempt at 2600... I will be very curious to see what happens at 2577 but I think we'll move through that on volume - will be watching.

Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
Attached Thumbnails
EURUSD 6E Euro-6e-09-12-1-min-8_28_2012.jpg  
Reply With Quote
 
  #1760 (permalink)
Elite Member
denver, colorado
 
Futures Experience: Intermediate
Platform: NT
Favorite Futures: ZS
 
Surly's Avatar
 
Posts: 704 since Mar 2011
Thanks: 628 given, 1,242 received


Well crap - I probably should have taken profits on the spike above the HOD but I decided to move my stop up instead. I closed at 2571. This is around where I should have re-entered after closing profits on the vol spike above the HOD. I want to catch the bigger moves - this takes additional risk in the form of a loose stop and/or longer hold times (two ways to increase risk). I'm still getting used to the euro - it is a choppy beast.

Seek freedom and become captive of your desires. Seek discipline and find your liberty. - Frank Herbert
Reply With Quote
The following user says Thank You to Surly for this post:

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 01:24 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 2017-12-11 in 0.14 seconds with 20 queries on phoenix via your IP 54.145.16.43