EURUSD | Page 56051 | 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

  • #1,121,001
  • Jul 3, 2017 4:43am Jul 3, 2017 4:43am
Quoting Tsar
Euro H4 Chart Broken Upper the Long TL ( Tren Line ) and Price in above All MA lines. The Sign BULL continues Jouney go North / Upward ? NOTE : H4 Chart Part 1 as Current Chart & H4 Chart Part 2 as Previous Chart. Because Not Enough the Screen for Merger the Charts {image} {image} {image}

Euro H4 Chart Updates
Attached Image (click to enlarge)
Click to Enlarge Name: Euro H4 Chart 2017-07-03.jpg Size: 327 KB
Always looking the GREAT, never left GOOD Point...
  • #1,121,002
  • Jul 3, 2017 4:43am Jul 3, 2017 4:43am
Quoting TudorIoan
{quote} Hm, I thought spit theory is to take a wild guess after spitting the screen (or after splash the screen with tones of colored indies, lines and tools) I was saying I used reason in my assessment, not ...spitting

Your reasons are not anybody's else reasons and are only a perceptions which makes them very much like guessing.....a bit like the subwaves spit theory which is not guessing but wanted to believe in something.....
The other day you mentioned the magic of the fibo retracement....61.8 I think......to me was just a break out pullback (see chart)..nothing magic in it.......
Today EU traveled at a bounce from a downtrendline (UJ from a uppertrendline), AU from a double top bear flag and GU reversed near the high of the day (double top pull back) following EU and AU...Simple.
Attached Image (click to enlarge)
Click to Enlarge Name: io.png Size: 21 KB
trading is simple but is simple is not easy.
  • #1,121,003
  • Jul 3, 2017 4:48am Jul 3, 2017 4:48am
Quoting Samson85
Quick question please. Do you feel the 1hr chart or 4 hour chart works best when trading the euro?
All depends how you want to trade....if you aim to get out in a day or two 60 minutes is good.....240m you can stay longer...if not stopped out....

If you aim to get out in the same session I think 5m is best......but the smaller the time frame the more skilled is required.....
trading is simple but is simple is not easy.
  • #1,121,004
  • Jul 3, 2017 4:54am Jul 3, 2017 4:54am
Quoting ZenNy
{quote} Your reasons are not anybody's else reasons and are only a perceptions which makes them very much like guessing.....a bit like the subwaves spit theory which is not guessing but wanted to believe in something..... The other day you mentioned the magic of the fibo retracement....61.8 I think......to me was just a break out pullback (see chart)..nothing magic in it....... Today EU traveled at a bounce from a downtrendline (UJ from a uppertrendline), AU from a double top bear flag and GU reversed near the high of the day (double top pull back)...
Well, I think is very important to make a distinction between wishful thinking, magic, perception, sentiment, ..all that on one hand,
...and to be argumentative on trading knowledge basis on the other hand.

Ok, like for your "simple" analysis
Member
  • #1,121,005
  • Jul 3, 2017 5:00am Jul 3, 2017 5:00am
Quoting Samson85
Quick question please. Do you feel the 1hr chart or 4 hour chart works best when trading the euro?
I like use H1 TF for German / London Market's
Because the Price can move faster

In Asia Market's I used M15 TF (Calculate 4 Candle M15 = 1 Candle H1)
Because Price move in this Market slower than German / London Market's

H4 TF I used for Looking for the Trend (Calculate 4 Candle H1 = 1 Candle H4)
Daily TF for Calculated the Price move for Intraday Trade.


It's ALL about your Trade & experience use it
Always looking the GREAT, never left GOOD Point...
  • #1,121,006
  • Edited 5:19am Jul 3, 2017 5:05am | Edited 5:19am
Quoting TudorIoan
{quote} I was wrong, sorry. I think traders are anticipating, pushing to price in the USD data on this week coming 1.1370 coming next. I'm not trading though.
Sht! I should trade it ...fkn lost opportunity
Member
  • #1,121,007
  • Edited 5:33am Jul 3, 2017 5:09am | Edited 5:33am
Quoting TudorIoan
{quote} Well, I think is very important to make a distinction between wishful thinking, magic, perception, sentiment, ..all that on one hand, ...and to be argumentative on trading knowledge basis on the other hand. Ok, like for your "simple" analysis
Yes.

Mine is also only a perceptions based on my own experiences and nothing more......but I think the best traders only trade price action....there is not need for more....less is best.....once they draw their technicality they trade what is there not what they think is going to be......

Tudor, this is not an ego wrestling situation....I think you are good and graceful and I am sharing......

All the best.
trading is simple but is simple is not easy.
  • #1,121,008
  • Jul 3, 2017 5:14am Jul 3, 2017 5:14am
Quoting ZenNy
{quote} Yes. Mine is also only a perceptions based on my own experiences and nothing more......but I think the best traders only trade price action....there is not need for more....less is best.....once they draw they technicality they trade what is there not what they think is going to be...... Tudor, this is nor an ego wrestling situation....I think you are good and graceful and I am sharing...... All the best.
I have enjoyed exchanging opinions here with you/all.
I'm cool man, no problem.
Trade well!
Member
  • #1,121,009
  • Jul 3, 2017 5:24am Jul 3, 2017 5:24am
My new H1 view.
Nice bearish momentum (intraday scale)
But the lower channel TL + 1.1370 a possible long opportunity ...at least to 1.1400 ...again?
Attached Image (click to enlarge)
Click to Enlarge Name: ZHART1.png Size: 28 KB
Member
  • #1,121,010
  • Jul 3, 2017 5:52am Jul 3, 2017 5:52am
Thanks for the feedback.

Right now I am focusing on my psychology and risk management.

I have quit day trading now as 1min charts can go against you quickly and trading £2 per point when scalping is not attractive.

I am doing 1hr and 4hr charts. I use 10min just to see the momentum.
  • #1,121,011
  • Jul 3, 2017 5:52am Jul 3, 2017 5:52am
Quoting ZenNy
battle at 1403.....
This was (red line) the last obstacle (for this session).

Once the bulls let go of the rope they became bears by covering..... the bears sideline jumped in and the bull sideline stayed out........(double pressure)

PA is not very clean but on the 1m it is, making LL's and LH's in the wrestling....

In the mean time UJ was making HH's and HL's......
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 25 KB
trading is simple but is simple is not easy.
  • #1,121,012
  • Jul 3, 2017 6:05am Jul 3, 2017 6:05am
Quoting TudorIoan
My new H1 view. Nice bearish momentum (intraday scale) But the lower channel TL + 1.1370 a possible long opportunity ...at least to 1.1400 ...again? {image}
It looks like We're in the same Boat
Attached Image (click to enlarge)
Click to Enlarge Name: Euro H1 Number 2017-07-03.jpg Size: 329 KB
Always looking the GREAT, never left GOOD Point...
  • #1,121,013
  • Jul 3, 2017 6:21am Jul 3, 2017 6:21am
Quoting Samson85
Thanks for the feedback. Right now I am focusing on my psychology and risk management. I have quit day trading now as 1min charts can go against you quickly and trading 2 per point when scalping is not attractive. I am doing 1hr and 4hr charts. I use 10min just to see the momentum.
You can search it in Let's find your indicator-ebooks for mt4 thread's. The Other Members and me shared about Many Handbooks.

Frankly... I don't used M1 TF again, too much Noise for me ...


NOTE : If you have Question or give your Comment, It would be nice to use QUOTE / just Click "QUOTE icon on the Upper Side Right.
Always looking the GREAT, never left GOOD Point...
  • #1,121,014
  • Jul 3, 2017 6:22am Jul 3, 2017 6:22am
Quoting TudorIoan
{quote} ok, ...I'm waiting for that glorious break
HERE WE GO!!!
it was supposed to happen Friday with CPI data !!!!
  • #1,121,015
  • Jul 3, 2017 6:25am Jul 3, 2017 6:25am
Quoting jusstin911
{quote} My 40pip TP is near and I think next support will be 1.1344
TP hit .. I think i might go LONG or set Pending Order at 1.1344 but tiny lots coz daily bread already bagged

out for some buggers who's game?
  • #1,121,016
  • Jul 3, 2017 6:27am Jul 3, 2017 6:27am
Quoting Tsar
{quote} It looks like We're in the same Boat {image}
Nice channel
Quoting arash66110
{quote} HERE WE GO!!! it was not supposed to happen Friday with CPI data !!!!
Are you waiting from last Friday for that ? ...just love it lol
I hope you are right this time.
But I think US data in one hour now, will tell if today we shall go deeper or bounce back...
GL!
Member
  • #1,121,017
  • Jul 3, 2017 6:34am Jul 3, 2017 6:34am
Quoting TudorIoan
{quote} Nice channel {quote} Are you waiting for that from last Friday? ...just love it lol I hope you are right this time. But I think US data in one hour now, will tell if we will go deeper og bounce back... GL!
less than one working day . any bounce unsustainable if happen
  • #1,121,018
  • Jul 3, 2017 6:35am Jul 3, 2017 6:35am
Quoting jusstin911
{quote} TP hit .. I think i might go LONG or set Pending Order at 1.1344 but tiny lots coz daily bread already bagged out for some buggers who's game?
Boogers or...? Never heard of that word.

EDIT: ha nevermind i searched the slang.
  • #1,121,019
  • Jul 3, 2017 6:36am Jul 3, 2017 6:36am
I see Euro Test 1.129xx
  • #1,121,020
  • Edited 6:47am Jul 3, 2017 6:36am | Edited 6:47am
Quoting arash66110
{quote} less than one working day . any bounce unsustainable if happen
Unsustainable ? ok, if you say so I am betting myself on USD this week

Quoting Stillearnin
{quote} Boogers or...? Never heard of that word. EDIT: ha nevermind i searched the slang.
welcome to Jail Slang Club!
Member
117 traders viewing now