EURUSD | Page 57150 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #1,142,981
  • Aug 29, 2018 8:57am Aug 29, 2018 8:57am
EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2018-08-29-15-56-08.png Size: 119 KB
Lord Forex
  • #1,142,982
  • Aug 29, 2018 8:58am Aug 29, 2018 8:58am
Quoting fsatrader
{quote} in risk reward, you mean 3 to 15 times the SL or 3-15 pips? if our SL 3 to 8 pip as in your examples, give me a rough idea about possible TP range. Thanks.
Well in this trade my initial stop loss (for 120 seconds) was 5 pips. THe profit target in this case is 35 pips so R/R is 35/5 = 7.

Anyway, stopped out for a couple of pips in that trade but you get the picture.
Attached Image (click to enlarge)
Click to Enlarge Name: 3PIPS RISK.png Size: 45 KB
  • #1,142,983
  • Aug 29, 2018 9:00am Aug 29, 2018 9:00am
There we go ..Brexit news sht!
Attached Image
Member
  • #1,142,984
  • Aug 29, 2018 9:09am Aug 29, 2018 9:09am
There's not much you can do about unexpected news other than wise money management.
  • #1,142,985
  • Aug 29, 2018 9:16am Aug 29, 2018 9:16am
Quoting mbrown
{quote} Well in this trade my initial stop loss (for 120 seconds) was 5 pips. THe profit target in this case is 35 pips so R/R is 35/5 = 7. Anyway, stopped out for a couple of pips in that trade but you get the picture. {image}
im kinda lost. first ill try on my chart and put screenshots so you can tell me if i get it right. anyway is that 1 hour chart ? in 1 hour chat to enter you wait for 5 min triad once yellow line corssed?

I still could not understand " stopped out for a couple of pips in that trade but you get the picture."

please help me to get the right idea. if you can put a screenshot showing entry and sl and tp marked it may more clear in my opinion.

Thank you for all the support.
  • #1,142,986
  • Aug 29, 2018 9:41am Aug 29, 2018 9:41am
Quoting fsatrader
{quote} im kinda lost. first ill try on my chart and put screenshots so you can tell me if i get it right. anyway is that 1 hour chart ? in 1 hour chat to enter you wait for 5 min triad once yellow line corssed?

That is correct.

Quoting fsatrader
{quote} I still could not understand " stopped out for a couple of pips in that trade but you get the picture." please help me to get the right idea.
The last trade I posted, I was just going to close it as it was a pip or two from the PT but then the Brexit news was release and the price spiked higher and hit my profit-stop.

Quoting fsatrader
{quote} if you can put a screenshot showing entry and sl and tp marked it may more clear in my opinion. Thank you for all the support.
My previous trades all have the entry line and SL. The TP is the opposite line. Please print my previous posts and use a demo to get the idea. Sometimes, you just have to apply what has been read using a demo, then it will become clearer. Making mistakes on a demo is the fastest way to learn so go and make a lot of mistakes.
  • #1,142,987
  • Aug 29, 2018 10:17am Aug 29, 2018 10:17am
Quoting TudorIoan
{quote} Where? Damn that 1665 - 1675 frozen zone! It's almost 7AM USET. When does Donnie Trump gets up?
THE SUREST THING IS TO ASK MELANIE . DON'T YOU HAVE HER MOBILE ?

  • #1,142,988
  • Aug 29, 2018 10:33am Aug 29, 2018 10:33am
Attached Image (click to enlarge)
Click to Enlarge Name: errtretret.png Size: 26 KB
www.sme-fx.com
  • #1,142,989
  • Aug 29, 2018 10:59am Aug 29, 2018 10:59am
Quoting mbrown
Remember rule one: Protect your capital as soon as soon as the high of the 5min is below the entry price because who cares if we are stopped out with 1 or 2 pips profit. Afterall we know with ABSOLUTELY confidence we will capture a few large range bars through the course of the day. Profit target at the opposite line. That is all there is to it. If you prefer larger swings, move to a higher timeframe, the SL will obviously be larger but the risk reward range will remain the same so if your objective for being on FF is to make pips and you're serious...
1. Hi can i know why there is no map shown in these pics ? you use diferent plain chart to enter using map on a different chart ? please let me know about how you setup charts

2. plus any tips on making initial 2 forks for diffrent angles. i mean how to get an optimized map when at the start.

3. and when you decide to update map and how you update ? delete all current forks and restart the whole proces with latest pivots or ?
  • #1,142,990
  • Aug 29, 2018 11:07am Aug 29, 2018 11:07am
I think we didn't finish the correction wave yet.

once we break 1.1670 It will confirm that we gonna make lower lows.

closing 4h candle above 1.1706 means euro will want to make a new high above 1.1730
  • #1,142,991
  • Aug 29, 2018 11:08am Aug 29, 2018 11:08am
Quoting fsatrader
{quote} 1. Hi can i know why there is no map shown in these pics ?
Because only the higher time-frame requires the map, in this case the 60min. The 5 min is simply used for the Triad.



Quoting fsatrader
{quote} 2. plus any tips on making initial 2 forks for diffrent angles. i mean how to get an optimized map when at the start.
An optimised map is driven by how well it describes price. We use old pivots so we can see how well the map describes price. If the description is poor find another pivot but in most cases you'll find the map on the first attempt.



Quoting fsatrader
{quote} 3. and when you decide to update map and how you update ? delete all current forks and restart the whole proces with latest pivots or ?
As long as the map describes price, continue to duplicate Pitchfork and move them over price as it develops. This could be days, weeks or months.
  • #1,142,992
  • Edited 1:01pm Aug 29, 2018 11:44am | Edited 1:01pm
New buy target updated - Im staying long but short target also updated.

6E charts only
Attached Image (click to enlarge)
Click to Enlarge Name: hu.png Size: 180 KB
  • #1,142,993
  • Aug 29, 2018 12:47pm Aug 29, 2018 12:47pm
Updated 6E profile chart for this session
Attached Image (click to enlarge)
Click to Enlarge Name: Pro.png Size: 114 KB
  • #1,142,994
  • Aug 29, 2018 1:31pm Aug 29, 2018 1:31pm
Quoting mbrown
Move one pivot to the right and draw new Pitchfork so that Pivot two become the first anchor for the new Pitchfork. Then create your warning lines for the yellow Pitchfork. In terms of earning pips it should be clear. If the price zooms throw a line like the large bar to the right, more often than not it will go back up test the line it broke through then continue down to the lower line repeat. If it fails to breach the line then price will travel in the opposite direction to test the other line. So the setup on the GBPUSD line the moment would...
1. can you explain this bit more - "So the setup on the GBPUSD line the moment would be to wait for the price to go back up to test the line it broke through before entering short. If the price exactly touches a Pitchfork line then reverses, these have a higher probability of being profitable but it has to be an EXACT touch with no follow through."

2. when in 1 hour chart a candle can break any fork line in both types right? (i mean differnt angle lines as white and yellow lines)

3. can a candle break 2 lines at a time ? (both yellow and white at same move). if so which line we should wait to retrace?

4. after 1 hour break, always we have to wait for the retrace right? is it should touch the crossed line in 1 hour chart and that 5min triad also should be near the fork line in retrace ?

5. when we put sl is it that 5 min triad high or low all the time ? do we use 1 hour high or low or anyting ? because this pic kinda confusing : https://www.forexfactory.com/attachm...7&d=1535473170 .is this 1 hour chart ? stop is above? is there anyway to see the whole chart pic so we can see if it is a buy or sell etc.

please let me know the details. thanks. i really need to try thing but still have some pieces to figure it out...
  • #1,142,995
  • Aug 29, 2018 2:50pm Aug 29, 2018 2:50pm
Quoting ZenNy
long 76 sl 61,,,good night.
closed 1.17
trading is simple but is simple is not easy.
  • #1,142,996
  • Aug 29, 2018 2:59pm Aug 29, 2018 2:59pm
Irrelevant to the thread...

Sold now S+P at 2.915

  • #1,142,997
  • Aug 29, 2018 3:04pm Aug 29, 2018 3:04pm
loss/profit today - 36(yesterday) + 54 =18P
range of this "wave" about 1.1700-1.1450 (I am not a waver)
filled/ordered today @ / @
time edited = MESZ = GMT+2
Swing filled
[email protected] tp 1.1625 tp 1.1674 54P
short@1.1684 tp 1.1450 55 SL 1.1720 yesterdays lost -36P
short@1.1700 tp open
short@1.1698 tp 1.1645
short@1.1682 tp 1.1580
short@1.1681 tp 1.1610
short@1.1675 tp open
short@1.1672 tp 1.1550
short@1.1630 tp 1.1216
short@1.1627 tp 1.1500
short@1.1460 tp 1.1395
short@1.1386 tp 1.1395
short@1.1360 tp 1.1395
[email protected] tp 1.1310
[email protected] tp 1.1326

pending
long @1.1610 tp 1.1645
long @1.1578 tp 1.1640
long @1.1548 tp 1.1580
long @1.1515 tp open
long @1.1470 tp 1.1500
long @1.1455 tp1.1570
long @1.1433 tp open
long @1.1395 tp1.1880
long @1.1352 tp1.1920
long @1.1300 tp1.1785
long @1.1216 tp1.2030

Wish everyone independence, helpful collaboration - reach target
don`t lose the goose
- all ok now - friends brought me new equipment
  • #1,142,998
  • Aug 29, 2018 3:40pm Aug 29, 2018 3:40pm
so far this is what euro look like in EW waves as long we don't go above 1.1730
Attached Image (click to enlarge)
Click to Enlarge Name: eur c.jpg Size: 203 KB
  • #1,142,999
  • Aug 29, 2018 3:59pm Aug 29, 2018 3:59pm
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 48 KB
  • #1,143,000
  • Aug 29, 2018 4:09pm Aug 29, 2018 4:09pm
Quoting ghaaran
{image}
3 months trying to break this level its really hard level but it will break it later after correction hopefully
189 traders viewing now