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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

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

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EURUSD

Quoting 3Davy
{quote} I saw that to,but no idea where it is going to. It rebound quickly from yesterday sell of after trump speech. But i think big boys will take profit from here.
wow strong bulls right now. lucky i've not entered any position yet since didn't get any signal trigger!
Taking a short at 1.2481 SL1.2495
Quoting tunamelt
Taking a short at 1.2481 SL1.2495
TP at 1.2453
Short EURUSD from 1.2460 (50% retracement from yesterday's shooting star), SL 1.2540

Trend reversal towards 1.2100 and 1.2000

Reason:
- H4 Bearish Engulfing with huge volume spike

- D1 shooting star with huge volume

- COT report (USD & EUR at the most extreme speculators)

- Interestingly, while EUR/USD hit 1.2500, the quote USD/EUR also hit 0.8000 (also a significant round number)

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DAILY FOREX TRADE EURUSD SELL 1

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Don't fight trending market
Make all possible mistakes in Demo and rain in pips in live account
More fast and furious action in the currency markets as US President Trump contradicted “weak Dollar good for trade” claims made by Treasury Secretary Mnuchin with a wish to see a strong USD and prediction that it will get stronger and stronger.

Seems like a downward correction on EUR/USD is overdue.

Option expiries of note for today's 15:00 GMT
EUR/USD: 1.2400 (727M), 1.2420-25 (541M), 1.2450 (402M), 1.2500 (682M)
Quoting Jonstaples
More fast and furious action in the currency markets as US President Trump contradicted “weak Dollar good for trade” claims made by Treasury Secretary Mnuchin with a wish to see a strong USD and prediction that it will get stronger and stronger. Seems like a downward correction on EUR/USD is overdue. Option expiries of note for today's 15:00 GMT EUR/USD: 1.2400 (727M), 1.2420-25 (541M), 1.2450 (402M), 1.2500 (682M)
Many at time fundamentals go one way and market reaction takes different direction. This is where candlestick rules when complemented by fundamentals
Make all possible mistakes in Demo and rain in pips in live account
Quoting 9jatrader
{quote} Why taking huge risk in demo while one certainly not do that in live. Demo practice in that case would make no sense

Dude, they are algos that I have created they are on DEMO for forward testing only. Surely you understand algorithmic trading methodology, they are 99 EOD algos running on an account to collect information. They are 99 of them and they are EOD. It doesn't matter how well you build the algo' errors can creep in, you may think you've created a trend following algo but due an an error it may take the wrong trades and that is the point of forward testing. You started trading in May 2015, I've been doing it since 2000 don't let the red tag cloud your real experience level.

Being lectured at by a noob doesn't sit well because today I've forgotten more about trading than you've probably learnt in the last couple of years.
There is a reason why this time shorting EURUSD make a lot of sense today:

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USD Index Daily Candle in 17th December 2014

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EUR/USD Daily Candle in 17th December 2014

The supply zone here is fresh & is tested the first time after 3 years, yesterday’s high around 1.2540 is the first test and the pinbar printed even had a longer wick than the whole body of Wednesday’s big bullish candle, as shown in both USD index & EURUSD.

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But of course in the market nothing is 100% guaranteed but the probability for this reversal trade is rather higher than ever before.
Quoting amikaking
There is a reason why this time shorting EURUSD make a lot of sense today: {image} USD Index Daily Candle in 17th December 2014 {image} EUR/USD Daily Candle in 17th December 2014 The supply zone here is fresh & is tested the first time after 3 years, yesterday’s high around 1.2540 is the first test and the pinbar printed even had a longer wick than the whole body of Wednesday’s big bullish candle, as shown in both USD index & EURUSD. {image} {image} But of course in the market nothing is 100% guaranteed but the probability for this reversal trade...
Hello - If i may ask, how did you get the USDXY chart on your phone like that? I use my phone as well (mt4), but cant find it anywhere. Thank you!
Zip
Quoting Piptaker64
{quote} Hello - If i may ask, how did you get the USDXY chart on your phone like that? I use my phone as well (mt4), but cant find it anywhere. Thank you!
I’m using Pepperstone server MT4, not all brokers provide USDx chart though. Some brokers like Liteforex (u can go create demo & view their chart) provide indexes for all 7 majors (usd/eur/gbp/jpy/chf/nzd/aud/cad)
shorting made sense imho too, but now reversed to long @ 1.2457
Everytime i see people expecting the EURO to be bearish, the bullish run continues
Trump shoots the euro long term to 1.60

Hello dear traders,

Enclosed an interesting article by Godmode Trader from Germany. Unfortunately I did not find this article in english. But you can have this article translated by google.


https://www.godmode-trader.de/analys...-16000,5681615





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This is very interesting because it confirms my supposition of the post of 06.January 2018



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https://www.forexfactory.com/showthr...&page=3http://



best regards
Forget: "That does not work," amateurs build the ark, pros the Titanic!
Quoting honesttrader
Everytime i see people expecting the EURO to be bearish, the bullish run continues
I’m not really EURO bearish in the mid term to longer term, but the first test of fresh supply zone which aged 3 years has very high probability of bringing a 200-400 pips correction potential. The market don’t just shoot up without retracement, but yesterday’s significant pinbar serve as a sign that the big boys are cashing in 1.2500 TP level and a correction will come soon.

This is so called Swing Trading. (don’t confuse with counter trend, or whatever they call it)
Quoting Bionics
Trump shoots the euro long term to 1.60 Hello dear traders, Enclosed an interesting article by Godmode Trader from Germany. Unfortunately I did not find this article in english. But you can have this article translated by google. https://www.godmode-trader.de/analys...-16000,5681615 {image} best regards
Agreed.
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Quoting cvds16
shorting made sense imho too, but now reversed to long @ 1.2457
reversed to short again: misread my chart ...
SL for shorts , at 1.24 49 fttb

So is the Euro dominace over the us dollar done?
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