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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

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  • Post #1,214,961
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  • May 25, 2022 12:04pm May 25, 2022 12:04pm
  •  afsoungar
  • | Joined Dec 2021 | Status: Junior Member | 2 Posts
if the support of broken 4h trend line failed, it will go for 1.01 and 1 :/
 
 
  • Post #1,214,962
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  • May 25, 2022 12:06pm May 25, 2022 12:06pm
  •  DrDave
  • Joined Jun 2011 | Status: Member | 6,872 Posts
Quoting aljOOker
Disliked
{quote} and it's not pure science, you can be deadly wrong with that pure mathematics that used on something that unrolled purely by it, at the end of the day you are simply building predictions like all of us using that pure mathematics. anyway i would say my predication in peace which can be really very wrong and I'm okay with that, I think EUR have a chance to visit these areas from now 1.0710 - 1.0735 - 1.0782. [email protected] {image}
Ignored
But you have to understand that the pure mathematics that is being used is simply creating a model--note MODEL, not CLONE--that cannot precisely represent the complex system that is being modeled. For a rather good model, this will result in some features and aspects of the system being able to be described very well by the model and others that are poorly described. This, of course, leads to predictions of some of the system aspects to be quite accurate while other features have very low prediction accuracy.

Often in designing a model, there is some specific set of features that are highly desired to be modeled very accurately and other features that are of little or no interest. Hence, by design, the specified model is highly likely to do an extremely poor job of predicting the features of little interest. So, for best use of the model, the user must be aware of these design choices. When a user with no information about the design of the model tries to use it, he will likely have a bad experience with it declare it to be of little or no value at all, whereas a user who is better informed about the model design is much more likely to have a positive outcome.
The markets are speaking to you. Do you know their language? I M T
 
 
  • Post #1,214,963
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  • May 25, 2022 12:07pm May 25, 2022 12:07pm
  •  fxsport
  • Joined Jul 2007 | Status: Member | 3,030 Posts
Quoting Leong
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Anyone same trade with me? {image}
Ignored
Not bad BUT be cautious with that stop and the FOMC meeting minutes coming out at 2:00 pm EST - It "could" cause a spike in either direction.

PERSONALLY, I believe that EUR/USD is more likely to fall to your TP than it would take out your stop. As for me, I wait until 30 minutes AFTER the minutes are released to let the haphazard prices settle on a direction before I go all in.
 
 
  • Post #1,214,964
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  • May 25, 2022 12:28pm May 25, 2022 12:28pm
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 3,716 Posts
Quoting afsoungar
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if the support of broken 4h trend line failed, it will go for 1.01 and 1 :/
Ignored
It may not! Better look at bigger timeframe - Daily and above. My analysis say that a break of 0349/39 opens the road for 02100 and then at parity - 1.0000.

You should take forex step by step - level by level.

In this case 4H trend says that EU may bounce from here, or a lower level up again, because simple I follow patterns of price action - me.

What makes you think that EU will go down that fast!
Feels right this time!
 
 
  • Post #1,214,965
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  • May 25, 2022 1:14pm May 25, 2022 1:14pm
  •  JauntyLoon
  • | Joined Jul 2021 | Status: Member | 647 Posts
I've been trying to trade on 30 mins timeframe and getting absolutely hammered.

I don't think it's profitable to trade on anything less than a 4 hour timeframe? Even then it is hardly profitable either.
 
 
  • Post #1,214,966
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  • May 25, 2022 1:56pm May 25, 2022 1:56pm
  •  PatienceFx
  • Joined Jun 2013 | Status: Enjoying Trading | 12,442 Posts
no rate hike ; news leaked

buy target 1.08

Quoting PatienceFx
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no rate hike ; news leaked buy target 1.08
Ignored
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lets be friends
 
 
  • Post #1,214,967
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  • May 25, 2022 2:06pm May 25, 2022 2:06pm
  •  afsoungar
  • | Joined Dec 2021 | Status: Junior Member | 2 Posts
Quoting Js3mwtRc
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{quote} It may not! Better look at bigger timeframe - Daily and above. My analysis say that a break of 0349/39 opens the road for 02100 and then at parity - 1.0000. You should take forex step by step - level by level. In this case 4H trend says that EU may bounce from here, or a lower level up again, because simple I follow patterns of price action - me. What makes you think that EU will go down that fast!
Ignored
if you see another channel on daily or 4h time frame, you can see that price is next target on bottom of channel if the h4 trend line support fail
 
 
  • Post #1,214,968
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  • May 25, 2022 6:44pm May 25, 2022 6:44pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Guardian Angel | 7,855 Posts | Online Now
Lets try shorting this sh&t for a few hours
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Disconect Algo, otherwise go bust!
 
 
  • Post #1,214,969
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  • May 25, 2022 6:45pm May 25, 2022 6:45pm
  •  Robinhood1
  • Joined Dec 2011 | Status: Guardian Angel | 7,855 Posts | Online Now
Quoting JauntyLoon
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I've been trying to trade on 30 mins timeframe and getting absolutely hammered. I don't think it's profitable to trade on anything less than a 4 hour timeframe? Even then it is hardly profitable either.
Ignored
I trade 1min. Have a go
Disconect Algo, otherwise go bust!
 
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  • Post #1,214,970
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  • May 25, 2022 6:50pm May 25, 2022 6:50pm
  •  Aussi
  • Joined Sep 2013 | Status: Member | 12,521 Posts | Invisible
Quoting JauntyLoon
Disliked
I've been trying to trade on 30 mins timeframe and getting absolutely hammered. I don't think it's profitable to trade on anything less than a 4 hour timeframe? Even then it is hardly profitable either.
Ignored
I LEARNT HOW TO TRADE
 
 
  • Post #1,214,971
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  • May 25, 2022 7:15pm May 25, 2022 7:15pm
  •  DrDave
  • Joined Jun 2011 | Status: Member | 6,872 Posts
Quoting Robinhood1
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Lets try shorting this sh&t for a few hours {image}
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Do you realize that shorting M5 is entering the RETRACEMENTS of higher TFs??
The markets are speaking to you. Do you know their language? I M T
 
 
  • Post #1,214,972
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  • May 25, 2022 7:36pm May 25, 2022 7:36pm
  •  PatienceFx
  • Joined Jun 2013 | Status: Enjoying Trading | 12,442 Posts
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lets be friends
 
 
  • Post #1,214,973
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  • May 25, 2022 7:38pm May 25, 2022 7:38pm
  •  PatienceFx
  • Joined Jun 2013 | Status: Enjoying Trading | 12,442 Posts
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lets be friends
 
 
  • Post #1,214,974
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  • May 25, 2022 11:56pm May 25, 2022 11:56pm
  •  martin1977
  • | Joined Jun 2019 | Status: Member | 138 Posts
From the chart, its hard to read. The below I will enter

BEAR from price 1.06867 tp 1.06606
BULL from price 1.07162 ta 1.07242

Wish me luck
 
 
  • Post #1,214,975
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  • May 26, 2022 1:04am May 26, 2022 1:04am
  •  LearnThink
  • | Joined Oct 2021 | Status: Member | 10 Posts
Quoting LearnThink
Disliked
eurusd。30min。反弹{image}
Ignored
Eurusd。30min。end up
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  • Post #1,214,976
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  • May 26, 2022 1:18am May 26, 2022 1:18am
  •  PatienceFx
  • Joined Jun 2013 | Status: Enjoying Trading | 12,442 Posts
Attached Image (click to enlarge)
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Name: EURUSDM30.png
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lets be friends
 
 
  • Post #1,214,977
  • Quote
  • May 26, 2022 1:20am May 26, 2022 1:20am
  •  PatienceFx
  • Joined Jun 2013 | Status: Enjoying Trading | 12,442 Posts
Quoting PatienceFx
Disliked
{image}
Ignored
each fractal point makes a level, so i know where supports are
lets be friends
 
 
  • Post #1,214,978
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  • May 26, 2022 1:22am May 26, 2022 1:22am
  •  PatienceFx
  • Joined Jun 2013 | Status: Enjoying Trading | 12,442 Posts
Quoting PatienceFx
Disliked
{quote} each fractal point makes a level, so i know where supports are
Ignored
rest is done by MTF 200 ema so i know how strong that support is
lets be friends
 
 
  • Post #1,214,979
  • Quote
  • May 26, 2022 1:34am May 26, 2022 1:34am
  •  LearnThink
  • | Joined Oct 2021 | Status: Member | 10 Posts
Eurusd.30 min. Down.
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  • Post #1,214,980
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  • May 26, 2022 2:11am May 26, 2022 2:11am
  •  Js3mwtRc
  • Joined Jun 2016 | Status: "Through Playing Down Graphs" | 3,716 Posts
FOMC showed what I was expected to see, EU ranged about 30 pips and now it retracing, looking at yesterday low (0642). Below the last and if, it breaks 0607 is the next support, but will it reach that far today? That is what I have to find out! Probable a ranging day!

Above the daily highs at 0706 a break targets yesterdays high - 0739.

1H with 50-100-200 MA's

Attached Image (click to enlarge)
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Name: screenshot.png
Size: 18 KB
Feels right this time!
 
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