EURUSD only

Welcome to "EURUSD Only"

Every trader loves to post his/her ideas and interact with other traders during exciting, frustrating and most of the times boring trading hours. I believe that the overall subconscious goal is to feel surrounded by living, breathing, real people.. friends.. like-minded personalities who knowingly or unknowingly help each other not to feel isolated from daily life. Otherwise, we would just sit in front of a screen for hours and have conversations with our inner voices, right? That sounds very pathetic to me, to be honest.

But luckily we have many places on the internet where we can share and collaborate such ideas and this thread has been created to become one of them, but with one big difference: "GOOD WILL", "PEACE", "KINDNESS", "COLLABORATION", "SHARING & CARING", "FAMILY", "SUPPORTING", "RESPECT" are the major characteristics what is supposed to define this thread.

That being said, here are the 4 simple rules we want you to follow. Nothing more!

1. Members must post ideas and charts only and solely for the EURUSD currency! (USD-Index charts are allowed with the condition to always relate them to EURUSD). If I see members posting against this rule and mentioning other pairs and instruments, I will dislike the post only to hide the contents. Nothing personal when I give dislikes! I do it only because we want to fully focus on EURUSD.
2. Posting signals is not a must. If you don't post signals fine... If you don't post exits fine... But if you decide to do, then you must post your buy or sell entries and exits in time! Meaning that the member MUST post the signal at the time of entry or exit! (with let's say some 3 to 5 minutes delay! This establishes reliability!)
   
3. Hatred, verbal fights, patronizing others, showing off with how much money you make, causing endless and stressful debates etc. etc. are definitely forbidden! Trolling and toxic behavior will not be tolerated! Using too large and/or too colorful fonts for attention is also sort of toxic behavior, so avoid it!
4. Newbies should ask questions only! If they try to lecture any member with their limited knowledge or if they post empty, valueless or meaningless charts they will be banned from posting on the thread.. Nothing personal!

Looking from the bright side, besides trading related topics, all members are free to:

1. Share jokes and silly ideas, photos, YouTube links, etc, which they think would break the ice and put a smile on everyone's face.
2. Share constructive criticism about other members' posts.
3. Talk about their private life on idle hours and weekends, may it happiness or difficulties, that they think would allow creating bonds between members.
4. Members might get angry and curse or even offend other members if you are having a bad trading day (but they have to put out that they are having a bad day and we expect them to apologize asap once they cool down). All members will tolerate such behavior for the sake of creating a family here.
5. You can chitchat in different languages here and there as long as the content follows the few simple rules mentioned earlier and as long as you don't over-flood the thread with your talk.
6. Teach newbies and share educational information (as long as you don't over-flood the thread on busy hours).
7. Post about fundamentals and politics as long as it is related to EURUSD.
8. Post ideas around EURUSD from other sources, as long as you mention the source or provide the link to it.

I will personally put my best effort to keep this place together. Members who can't even follow a few simple rules despite a few warnings will be banned.

To learn more about the terms I repeatedly use please visit my other thread. This thread is not to answer system specific questions. This one served for that: https://www.forexfactory.com/showthread.php?t=837317

Happy Trading and Green Pips to All

Nice

Good!

Good idea and seems promising.
I'll drop by sometime.

Idea buy 1.1940-10 which is above trendline or channel.
SL I'm not sure of..... Depends on news etc. 1.1890...?

TP high like 1.2090.
My long term is 1.2450 to 2600

Like it! eU thread is full of GU,UJ posts which is Ok as correlations can be important.But the initiative is good!

Thanks to Venomousssss, jmmn, littlemole85 and Not-KPMG for their early responses. I want to share my special thanks in advance to all future members who will post here. Starting from Monday, hopefully, I will also begin to share my charts and ideas only on this thread. I hope we can create a family of good willed traders here.

And Not-KPMG, thanks for your idea (and a bonus thanks for being also the very first on this thread who shared an idea). I too want to see if candles on hourly chart can stay above 1.1860/90. After market opening I expect a retest towards that zone. The hourly looks temporarily bearish to me. I will be able to speak more after some analysis which I plan to finish on Sunday night. Until then stay blessed all.

Happy Weekends

Hi,

The friday move was completely related to the POUND and BOE rate hike expectations. These events put all the currency pairs to move up to get the pound value higher. If you look at it carefully the EURUSD didnt move anywhere the whole week. It was trading around the same 1.1940 for a whole week. Moved up and down. there was some very good data from the US last week which will ultimately support the inflation and wages. Fed and ECB minuted going to have high impact on the dollar bulls. ECB minutes will show the high concern by the officials over the steep appreciation of EURO. This will put the euro area inflation to lower pace.

This euro appreciation is very bad for germany since it is export economy. This will also impact other countries by lowering investments in the whole region. The euro need more high impactful data to go beyond 1.21. It'll most likely be by end of the year. We might see pullback up to 1.17. News from some big banks indicate the euro will move above 1.20 after the ecb tapering. It will be by the december.

Joined

Thanks for your input Traderview.. Imho, odds are that this whole "not moving anywhere the whole week" situation you just mentioned shows a major decision will be made on higher timeframes in coming days/weeks..

What I am focused on is 1.2010... that level +-20 pips seems to be a major resistant price level that eventually will push price back down in coming months. I don't believe it will break soon. At least not with the first retest that is coming. Again will share more about this on Sunday, just wanted to add my view based on your thoughts. Many thanks..

Happy Weekend

OMG, just love your rules, the most "democratic" thread!!!
Congratz for your new thread, Ata! (missed your absence, hope all well)
I hate FOMC weeks. I guess euro will range a little ahead Fed, dunno, not sure, I'll post more on Monday
Nice weekend!

Thanks Ata! This is very nice.

Hi everyone, Nice rules Ata.
Looking at Eur/usd H1 Chart the pair is head for 1.2050+ ahead for the FOMC on Wednesday.
Since ECB do not want it to go above 1.2100 in the short term (or that is what I think giving the timely intervention after Non-farm) I see 1.1750 after FOMC.

Green pips to all

hi Ata,

was machst Du nur: Startest am ersten Tag des Oktoberfests (an dem es auch in Berlin das erste Hacker-Pschorr Märzen gibt) einen neuen Thread?!?

if there´s one to keep a place like this peace- and meaningful, it´s you. your rules for live calls fit my way of posting. subscribed.

all the best
d1

I am in Ata. Thanks . Long time no see brother. Take a look. Something i am working on.

My outlook for the coming week: I am considering Long entry near 1.1920, targeting 1.2150. I expect that eu will move up and make a new high on Wednesday, the 20th on the FOMC news. To me it does not look like 1.2096 is the final to of this uptrend, there was a reasonable pullback from there, I also believe that the cable shall pull the eu up.

Joined

go for it.

Lol, I totally forgot that until you mentioned it buddy.. Happy Oktoberfest then... Unknowingly I picked a "happy festival" day to start a positive thread. I think then luck must be with us.. thanks for your positive post and for subscribing..

P.S.: And it's not me.. it's all of YOU my friends.. only working together we can turn this place into a productive environment.. all members of this fresh family matter to me.. each one of you will be embraced as an important piece of this thread.. welcome and enjoy the party!

Happy Weekends to All

First, thanks for your contribution brother..

I think you believe too that after market opening, price probably will retest lower levels first. From your chart I can see that whether it is your yellow TL or the red MA you too first will wait to see what will happen once/if price goes back to 1.1880 levels but you have the bias that it will bounce. I have similar bias. I just want to add that before price drops down the 1.1970 level might get hit quickly to kill/hunt some stops before going lower. Wishing the best on your approach.

Stay Green

Thanks for your thoughts cabbiefx.. I believe you are trading the H4 or maybe the Daily timeframe.. since on both we have not seen a lower low yet and therefore it makes sense (for now).. but once highs or lows are tested and depending on which side gives in I think you will update your thoughts. Wishing you the best of luck..

Stay Green

Yes of course. No immediate decision. All my indicators point to re test below 19. Maybe 1890 lowest may be not. Next Wednesday will be big and may give further direction of Euro. Now watching. Thanks for comment.