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EURUSD only

  • #7,801
  • Jan 3, 2018 10:15pm Jan 3, 2018 10:15pm
Quoting PatienceFx
{quote} good idea
triggered! let's see how it goes
  • #7,802
  • Jan 3, 2018 10:30pm Jan 3, 2018 10:30pm
Quoting 0toinfinity
Dominant trend for EURUSD is clearly UP but before going up again it goes toward 1.1975 then traders decide for today bounce up towards 1.2080 or goes towards 1.1936
I am sure many traders hope it happen
but when you need short you are in long and when you long,in short

while blow 2028 its no buy....
A little beginner trader since 2006
  • #7,803
  • Jan 3, 2018 10:31pm Jan 3, 2018 10:31pm
Attached Image (click to enlarge)
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Going short
One can live in the shadow of an idea without grasping it.
  • #7,804
  • Jan 3, 2018 10:37pm Jan 3, 2018 10:37pm
Quoting Naseri13
{quote} I am sure many traders hope it happen but when you need short you are in long and when you long,in short while blow 2028 its no buy....
I agree with you, I was reading some analysis from a pro trader on telegram channel and he suggested 1.2500 is not very far.
  • #7,805
  • Jan 3, 2018 10:46pm Jan 3, 2018 10:46pm
I am long from 1.2023 and adding to my position at this point in time, I got a target of +1.2140
  • #7,806
  • Jan 3, 2018 10:54pm Jan 3, 2018 10:54pm
Euro bulls bold action! ...oups, not really!
They were not bulls enough to push through the bearish channel TL ...just yet... it was maybe the NFP reluctance
1.2010 (the Monthly -Mid pivot level) looks promising as a support for the bulls ...we'll see

Mind though that the NFP week can be full of surprises!

Good luck, all!
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Member
  • #7,807
  • Jan 3, 2018 11:16pm Jan 3, 2018 11:16pm
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Click to Enlarge Name: EURUSDH1.png Size: 39 KB
  • #7,808
  • Jan 3, 2018 11:18pm Jan 3, 2018 11:18pm
On M30 Time frame, Pin bar and a reject of a break of big bar.
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One can live in the shadow of an idea without grasping it.
  • #7,809
  • Jan 3, 2018 11:21pm Jan 3, 2018 11:21pm
Quoting TudorIoan
Euro bulls bold action! ...oups, not really! They were not bulls enough to push through the bearish channel TL ...just yet... it was maybe the NFP reluctance 1.2010 (the Monthly -Mid pivot level) looks promising as a support for the bulls ...we'll see Good luck, all! {image}
I don't want to dissapoint the bulls here, but the FOMC minutes sounds "big positive". Don't hate me for that
Hence the long term could be in the bears' advantage.
US employment growth (ADP-NFEC) and the weekly job claims later can bring data to give a hint where all the sht is going those days.
Member
  • #7,810
  • Jan 3, 2018 11:37pm Jan 3, 2018 11:37pm
Quoting jusstin911
Morning Gang, I will like to see what happens at 1.2027.. I may add short there
I like it but i was wondering what would be a logical stop placement for these types of trades. Or do you trade them without stop?
  • #7,811
  • Jan 3, 2018 11:57pm Jan 3, 2018 11:57pm
Quoting forex baraka
{quote} dear all can some one please tell me in simple english, where the hell eur/usd is likely to go from current market price @ 1.20093. im long at 1.2010 and need to know if i need to get out or not. thankyou.
you bought at extremely good price (I got in around 1.2011) my tarrget is above 1.2140 so stick to that level before you sell
  • #7,812
  • Jan 3, 2018 11:58pm Jan 3, 2018 11:58pm
Quoting jusstin911
Morning Gang, I will like to see what happens at 1.2027.. I may add short there
added short too stop 3090 tp:open for me
A little beginner trader since 2006
  • #7,813
  • Jan 4, 2018 12:02am Jan 4, 2018 12:02am
Quoting Stillearnin
{quote} I like it but i was wondering what would be a logical stop placement for these types of trades. Or do you trade them without stop?
truth is, whenever im in front of my desk, i don't use stops.. but away, i do..
to answer your question, I would jump out a trade after 30pips against me
  • #7,814
  • Jan 4, 2018 12:04am Jan 4, 2018 12:04am
Quoting Naseri13
{quote} added short too stop 3090 tp:open for me
let's see where it goes but i suspect range till NFP
  • #7,815
  • Jan 4, 2018 12:07am Jan 4, 2018 12:07am
Quoting jusstin911
{quote} let's see where it goes but i suspect range till NFP
NFP today ?
  • #7,816
  • Jan 4, 2018 12:10am Jan 4, 2018 12:10am
Quoting jusstin911
{quote} let's see where it goes but i suspect range till NFP
NFP? where is it my bro
A little beginner trader since 2006
  • #7,817
  • Jan 4, 2018 12:11am Jan 4, 2018 12:11am
Quoting jusstin911
{quote} let's see where it goes but i suspect range till NFP
i think you mean ADP
A little beginner trader since 2006
  • #7,818
  • Jan 4, 2018 12:12am Jan 4, 2018 12:12am
Quoting Naseri13
{quote} i think you mean ADP
opps my bad... https://www.forexfactory.com/calendar.php
  • #7,819
  • Jan 4, 2018 12:13am Jan 4, 2018 12:13am
ADP is oftern a very good predictor of NFP
  • #7,820
  • Jan 4, 2018 1:25am Jan 4, 2018 1:25am
I have been holding long usd against eur, gbp, xau since 2016. Please have usd rebound strong. However, my advise is not to trust usd as I am in deep hole bias strong usd. All the best to u all. Happy New Year 2018.
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