EURUSD only | Page 673 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Trading EURUSD only 43,756 replies

Eurusd-5m Trading Only 110 replies

LIVE Trades Only : EURUSD & GBPUSD 123 replies

Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies

Script to change EA to long only/ short only at a price level? 1 reply

Attachments: EURUSD only
Exit Attachments

EURUSD only

  • #13,441
  • Feb 16, 2018 8:16am Feb 16, 2018 8:16am
about the volume, my theory is: 6.00 today we had climax volume on M5 , this 16.00 even higher volume candle is exactly 1000points from the morning candle. So this people took profit. That is probably reason of highest volume. But there is no reaction, so there are more people who want to go even lower. Just my opinion and guess, I havent any inside infos..
  • #13,442
  • Feb 16, 2018 8:18am Feb 16, 2018 8:18am
Quoting digger1
{quote} Price getting close to 2440ish area sure the volume will pick up ,wouldnt count on it being buying volume this time tho ,,,,,,,2440 is the 618 ext of 3 month inverted H& S pattern from last quarter ,,basically the tgt area ,,,,,,,also this quarters box 50% level ,,,,,,,, would imagine lots of smart money traders who rode it up are packing in their profits right here for the time being
Yeah.. those short range high volume bars are just clues but have to be followed through by price (and volume)... I usually close positions too early :-( Better than reversing, lol. Still believe we saw the low/final push down, especially because it was so obvious. When it's obvious they're usually done. Thanks.
Trouble lies in what we believe to know for sure that just ain't so.
  • #13,443
  • Feb 16, 2018 8:24am Feb 16, 2018 8:24am
Yesterday i kept a 2 pending shorts @1.2550. It got hit in the morning and no turning back. I just closed manually with 110 pips.

It was a very good week for me. Done for this week.
  • #13,444
  • Feb 16, 2018 8:29am Feb 16, 2018 8:29am
Stay short at least until 1.2355 and maybe even more deeper towards 1.2305.. I let my shorts run and call it a day and week..

Happy weekends all..

Stay Green
Focus only on what truly matters!
  • #13,445
  • Feb 16, 2018 8:30am Feb 16, 2018 8:30am
Quoting ivob
{quote} Yeah.. those short range high volume bars are just clues but have to be followed through by price (and volume)... I usually close positions too early :-( Better than reversing, lol. Still believe we saw the low/final push down. Thanks.
today M15 highest volume candle is really not short range. I always indicate direction of the market by highest volume M15, M30, H1 candles. So its down, definitely . M15, M30, H1 - down...
  • #13,446
  • Feb 16, 2018 8:35am Feb 16, 2018 8:35am
Quoting matkooooo
{quote} today M15 highest volume candle is really not short range. I always indicate direction of the market by highest volume M15, M30, H1 candles. So its down, definitely . M15, M30, H1 - down...
Yeah I was talking about the one 2 bars before back then. Thanks. I'm going long ;-) Ivo
Trouble lies in what we believe to know for sure that just ain't so.
  • #13,447
  • Feb 16, 2018 8:36am Feb 16, 2018 8:36am
My short doesn't look so bad now after the fake breakout on the H4
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 126 KB
  • #13,448
  • Feb 16, 2018 8:41am Feb 16, 2018 8:41am
Gonna have to second Ata ,,,,,,,wishing all a great week-end ,,,,, get out of your trading cubby holes ,,,step away from the charts for a bit ,,,,lol. It does the mind some good . cheers all
  • #13,449
  • Feb 16, 2018 8:43am Feb 16, 2018 8:43am
imho:

fail to break 1st yeallow area = new highs
break 1st yeallow area = double top likely
break 2nd yellow area = double top + return to down trend
3rd yellow area = double top + downtrend confirm

plus the yen for me, is the driver right now

https://s3.eu-central-1.amazonaws.co...e3551bc8ff.png
  • #13,450
  • Feb 16, 2018 8:54am Feb 16, 2018 8:54am
Quoting matkooooo
{quote} today M15 highest volume candle is really not short range. I always indicate direction of the market by highest volume M15, M30, H1 candles. So its down, definitely . M15, M30, H1 - down...
I agree...but this is just too high... not "normal high volume..".
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 36 KB
Trouble lies in what we believe to know for sure that just ain't so.
  • #13,451
  • Feb 16, 2018 9:11am Feb 16, 2018 9:11am
Quoting ivob
{quote} I agree...but this is just too high... not "normal high volume..". {image}
If it is not low range and oposite direction candle /in this case that would be bullish/ , it is not strong signal for me. This M15 loong bear candle is sure not signal to go long, in my opinion. But good luck, maybe you are right...
  • #13,452
  • Feb 16, 2018 9:17am Feb 16, 2018 9:17am
Long EU. SL 1.2420.
  • #13,453
  • Feb 16, 2018 9:26am Feb 16, 2018 9:26am
Quoting matkooooo
{quote} If it is not low range and oposite direction candle /in this case that would be bullish/ , it is not strong signal for me. This M15 loong bear candle is sure not signal to go long, in my opinion. But good luck, maybe you are right...
Not a signal. A clue..
Trouble lies in what we believe to know for sure that just ain't so.
  • #13,454
  • Feb 16, 2018 9:26am Feb 16, 2018 9:26am
Got out of my 1.252 short for +85, taking a chance on a long here for failing to make a new low smaller time frame 5 min 1.245 sl 20. And being at the start of this longer up move.

Watching it struggling to go down again is a heart warming sign lol, come on short guys go ahead and lock in your current pips, help me out alittle

Keep it green
  • #13,455
  • Feb 16, 2018 9:38am Feb 16, 2018 9:38am
Quoting MoneyFocus
Long EU. SL 1.2420.
out +15
  • #13,456
  • Feb 16, 2018 9:58am Feb 16, 2018 9:58am
Quoting MoneyFocus
{quote} out +15

A lot of resistance here folks

30 min chart

Screenshot 2018-02-16 23.54.50.jpg
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2018-02-16 23.54.50.jpg Size: 231 KB
  • #13,457
  • Feb 16, 2018 10:03am Feb 16, 2018 10:03am
Quoting Dingoman-two
{quote} A lot of resistance here folks 30 min chart Screenshot 2018-02-16 23.54.50.jpg {image}
I agree, this was only stop, we go further down I think, it doesnt look like real turn UP.
  • #13,458
  • Feb 16, 2018 10:09am Feb 16, 2018 10:09am
Quoting matkooooo
{quote} I agree, this was only stop, we go further down I think, it doesnt look like real turn UP.

This reeks of accumulation but the question is which direction ?????
  • #13,459
  • Edited 10:30am Feb 16, 2018 10:16am | Edited 10:30am
Quoting Dingoman-two
{quote} This reeks of accumulation but the question is which direction ?????
going to say up, keeping a nice red doji getting ready for FOMC minutes next week for larger red candles possibly.

still in my long looking to get to 1.248 to go short again possibly. if only it was going this accumulation closer to 1.246 id feel a hell of a lot better

keep it green
  • #13,460
  • Feb 16, 2018 10:21am Feb 16, 2018 10:21am
Quoting Dingoman-two
{quote} This reeks of accumulation but the question is which direction ?????

i have seen this same move last night just before EUR close soon we should see a reversal maybe
314 traders viewing now, 28 are registered:
NH07
,
benderjoe
,
Ahmedskaf
,
fmtrad3r
,
Jobira17
,
7819AjB
,
Dokkane
,
mustafayucel
,
Sarath007
,
koczbi
,
Ibra99
,
Akash045
,
Mozaith
,
99karian
,
Mike114
,
Kenzo.
,
Santana2815
,
cunha
,
LooseyGoosey
,
,
,
arturj1
,
SRK08
,
MarixD
,
Beyazat
,
Ultras
,
GodsClown
,
ttt123