EURUSD only

How is it going people? I just get better from flu or some other shit I had and voila my tooth got obsessed. 4 days in miserable pain. Finally got my dentist appointment tomorrow. So to say I didn't trade anything this week except today but it's off topic. 3 days gave me opportunity to think about what is ATA said about 4 types of traders and I figured something today that made my day. Just 3 trades. Precisely in time. I have never had better results in my life. Here is how I did it; at the beginning of the week I spotted currency that was beaten up for a while already and I started to wathc it. Watching market behavior watching daily opens and closes and I was reading everything related to that currency through out the week. As you know I am paying a lot attention to weekly pivot and price behavior around them and I realize that market will give you clues about further moves if you can read them. That's what I can call research , analysis and preparing for trade. Most of you already doing , I did that way first time. I mean analysis of one currency. I might not take any trades this week anymore cause today's win covers all it up. I wish everyone best of luck in trading. Not bragging or anything, just wanted to share my successful day and ideas with you guys!

You can follow me on tradingview mi nick KayserCh .


1.17157 possible reverse


Caution C wave (minuette) could happen in weeks or days ...

Euro may go up for the rest of the week. 1630-70. I don't see anything fundamentally pushing E lower or higher so it's mostly probability of technical trades and E already tested potential reversal levels. If you buy now SL would be below 1555 with target 1670.
But I can be wrong and it's only my imagination. Trade safe guys!

Sell-Stop @ 1.1578 —> 1.1615 / 1.1516 ...

Wait for the wedge break one way or the other and then the re-test of the break and then enter in direction of the break.

If I were trading, this isn't exactly something I'd bet the bank on, but, if I had to make an argument for a move in the EURUSD I probably be looking for a technical test of my upper trend channel. The broader index is beginning to signal for a move up (the oscillator has dipped below the lower channel) and we see a new bottom in the cyclical indicator, which forecasts an eventual move back up. News and events always rule the day, but if things stay quiet and techs do what they do, we could see this drift higher.

In a perfect world the pair would actually sell off a little first. Not crazy about the fact that it's pushed up against the oscillator, I'd like to see it in sync with the Index a little more.

The market looks sold out, I think my game plan will be to keep buying up to 1.22

Have a question guys, How much will you risk per trade if you had a system with a hit rate of 50% and a risk to return of 1:2 .

I bought long 1.1588 and look forward to hitting 1.1616.

After hitting it, I will expect fib retracement and buy again at support area.

The risk of any trade should be determined by knowing the SL level first, then calculate the EP level based on our own percentage or amount criteria if playing limit-order ...
When playing stop-order, the risk is defined as the distance between the breakout price and the SL, then determine if we can “afford” it or not using our predetermined risk criteria ...

The hit-rate of all my planned trades is about 20% with an average risk of 100pips @ around 2R-Target ...

Good to see your voice bud ,,,,,,,, lackluster week so far ,,,,,,but the making of a little pop higher ,,,,,,,a poke above 1608- 2 days of daily opens area so a little more significant if it gets used for support if it gets above ,,,,,,,then off to the price projection ,,,,,,,,kinda been dancing around last weeks low , but may be due to get a little push up,,,,,,,way Im looking atm anyway ,,cheers all

Your question is feast for brains really... napkin on.. let's feast:

In a perfect world where you can have those 2 values fixed I would say it wouldn't matter at all to risk more than the classic recommendation percentages.. You could trade a calculated dynamic lot size based on your equity amount and based on SL amount that obviously would be different for each trade.

I see your question like a math problem with missing parameters. With the values you gave it is still not enough to calculate you an exact or maximum risk amount. We would need to know the risk = 1:2 = what is pip amount of 1? And we would need to know what is the Equity amount? And we would need to know after how much drawdown broker closes trades automatically? 25% of equity? 50%? etc...

So since you said 50% hit rate, the formula below had to be counting in 2 situations for 2 trades as a whole: what if first trade is a loss.. and what if 2nd trade is a loss.. Overall, to get an average max. risk percentage value of both:

MaxRiskPercentage1 = (MinEqAllowed + (SL1Pips * PipValue)) * 100 / InitialEquityAmount

MaxRiskPercentage2 = (MinEqAllowed + (SL2Pips * PipValue)) * 100 / (EquityAmountAfter1stTrade)

Finally to get an average safe percentage value you would do this:
FinalAvgRiskAmount = (MaxRiskPercentage1 + MaxRiskPercentage2) / 2

But this is all hypothetical.. In a real world scenario the things you put out never stay that fixed.. you also wouldn't know upfront while putting in 1st trade what the SL amount of 2nd trade should be.. it would be necessary to come up with estimated values.. so in my humble opinion whatever the case, there should be never a need to risk more than 10% max... and that if you are truly successful and in a hurry.. my half cents..

Stay Green

50%?????. No trader can have fixed percentage win/loose. Just focus on strategy and risk per trade. Pips would run in

going long eu on h4 breakout pattern

Hi guys, Looks like it going to hit 1.1625. The maximum it could go up today, i think, 1.1640.

There are 2 sweet spots i think, 1.1638 - 1.1586 and 1.1665 - 1.1595

Lets see

hi Ata
what do you think? testing pivot on M30 but no close above it.

Hello Guys! Long time ago, because I had no value to add to the thread. Still holding my shorts with an [email protected]. Stops are below BE.
I have two scenarios atm (red and green)
1. if bears really lose the steam it should fly to 1.1661 and hit the TL and res level and bounce to south. I will wait there with limit sell. ST: 1.1750 TRGT: 1.1326 (like all my orders)
2. I want to see a H4 candle below 1.1580 and I will shut down my computer for another 1 week as I expect the next bounce around 1.146x

Cheers!

why did i choose this broker ???

sl hit, yet trade is running

Hi! Anyone thinking of buying around 1576 today or do you think the day will be bearish?

bears lost the power. it looks like if they don't get some help form the numbers or politics, bulls will take over.