EURUSD only | Page 770 | 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

  • #15,381
  • Mar 5, 2018 10:46am Mar 5, 2018 10:46am
Quoting mihai1986
{quote} maybe not enough power left for today
Just for "today"... keep in mind that based on H1 price bounced back up from 1.2295 area in an Inverted H&S type of formation.. meaning double the size of neck to head to the upside: 1.2380/90 area is potential target..

Stay Green
Focus only on what truly matters!
  • #15,382
  • Mar 5, 2018 10:47am Mar 5, 2018 10:47am
Quoting Ata-Turkoglu
{quote} Just for "today"... keep in mind that price bounced back up from 1.2295 area in an Inverted H&S type of formation.. meaning double the size of neck to head to the upside: 1.2380/90 area is potential target.. Stay Green
i was just looking at that on M30 chart thinking that might play an Inverted H&S
MAKE IT RAIN
  • #15,383
  • Mar 5, 2018 10:52am Mar 5, 2018 10:52am
In the interests of trying to offer something useful today before I go..

Here is a little trick I was taught sometime back..It helps in support a fade or a bear flag entry.

  1. Look for a High - Then Low - Then 123 up.
  2. Pop on the Macd to see if the Macd supports the move up..Beware if price break the 'High' (I was taught to abort the fade if it did)
  3. ..If it doesn't, that 123 up can very quickly turn into a bear flag (particularly if it pin bar's through the green line on close then drops lower than the low of the pin bar) !
  4. LET THE BAR/CANDLE CLOSE - what you are looking at is a 'head' forming where the starting point of the green line is the left hand shoulder


Not something I tend to use so much nowadays but a very decent trading strategy can be crafted around this simple price action with a supporting indicator.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.proH1.png Size: 56 KB
  • #15,384
  • Mar 5, 2018 11:02am Mar 5, 2018 11:02am
Now probably neckline retest for inverted h&s in play.. I expect a final bounce from 1.2295/1.2305 area once/if it gets there..

Stay Green
Focus only on what truly matters!
  • #15,385
  • Mar 5, 2018 11:02am Mar 5, 2018 11:02am
Under 1.2330=bears start to feel hopeful?
  • #15,386
  • Mar 5, 2018 11:08am Mar 5, 2018 11:08am
if all goes well 1.21 we have to aim at there is going to be attempt at at higher level
  • #15,387
  • Mar 5, 2018 11:31am Mar 5, 2018 11:31am
FOMC Member Quarles Speaks in ~45 minutes. Impact? Anyone wanna muster a guess?
  • #15,388
  • Mar 5, 2018 11:35am Mar 5, 2018 11:35am
Quoting MoneyFocus
FOMC Member Quarles Speaks in ~45 minutes. Impact? Anyone wanna muster a guess?
I think the market is going to be confused just like his parents when they named him. Quails+ Charles = Quarles? ...? Actually it's a family name. Never had a chance.
  • #15,389
  • Mar 5, 2018 11:45am Mar 5, 2018 11:45am
will meet again tomorow for the resltue
  • #15,390
  • Mar 5, 2018 11:45am Mar 5, 2018 11:45am
According to TRUMP moves,USD weakness has come to end and for crowded trade in EUR/USD pair..There is only one way.İT İs south

i enter sell with a target 1.21350 area
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-d1.png Size: 42 KB
  • #15,391
  • Mar 5, 2018 11:50am Mar 5, 2018 11:50am
I do not see any bearish sign right now. Only two things I see clearly today. Very strong bull reaction right after London open and then some chaotic movement /up?/. Nothing really bear to enter any short. I stay out.
  • #15,392
  • Mar 5, 2018 11:54am Mar 5, 2018 11:54am
Quoting Stillearnin
{quote} I think the market is going to be confused just like his parents when they named him. Quails+ Charles = Quarles? ...? Actually it's a family name. Never had a chance.
you legit made me lol literally.
  • #15,393
  • Mar 5, 2018 12:02pm Mar 5, 2018 12:02pm
Quoting matkooooo
I do not see any bearish sign right now. Only two things I see clearly today. Very strong bull reaction right after London open and then some chaotic movement /up?/. Nothing really bear to enter any short. I stay out.
maybe you are right..there is a struggle now.1.2350 above closing will terminate the trade..
  • #15,394
  • Mar 5, 2018 12:04pm Mar 5, 2018 12:04pm
Quoting Tengizhan
According to TRUMP moves,USD weakness has come to end and for crowded trade in EUR/USD pair..There is only one way.İT İs south i enter sell with a target 1.21350 area {image}
I thought Trump wants a weak USD?
  • #15,395
  • Mar 5, 2018 12:06pm Mar 5, 2018 12:06pm
XAU/USD and EUR/USD usually moves together, tick for tick. However, XAU/USD has made new lows and sits at low of the day. EUR/USD on the other hand, is on the bulls train. Does this mean a spike up for gold or a spike down for EU? Anyone care to comment on this? Thanks.
  • #15,396
  • Mar 5, 2018 12:14pm Mar 5, 2018 12:14pm
Quoting MoneyFocus
{quote} I thought Trump wants a weak USD?
i dont think so.He is a real estater.All he wants is full employment with inflation.İ think they are suppressing the dollar now,leave a margin for,becuz it will rally.

Trump and Munchin remarks were just for balancing..
-
  • #15,397
  • Mar 5, 2018 12:22pm Mar 5, 2018 12:22pm
Quoting Tengizhan
According to TRUMP moves,USD weakness has come to end and for crowded trade in EUR/USD pair..There is only one way.İT İs south i enter sell with a target 1.21350 area {image}
Believe me Trump's mouth is out of control Without LOW $$$ how USA is expected to pay multi trillion debt? Default? Highly unlikely. So, elevated level of EUR is expected for years, unless EUnion will break apart. But it doesn't mean that Eur/USD can't go lower short term. Also, Trump has no control over FEDS policy. But overall, Trump has a solid economics plan that I like.
When you're not sure Short or Long - toss a coin! Chances are 50% !!!
  • #15,398
  • Mar 5, 2018 12:26pm Mar 5, 2018 12:26pm
Quoting Tengizhan
{quote} i dont think so.He is a real estater.All he wants is full employment with inflation.İ think they are suppressing the dollar now,leave a margin for,becuz it will rally. Trump and Munchin remarks were just for balancing.. -
Come on folks ,sure he does ,,,,,,,so do other countries for the same reasons ,hence why mkts dont go strait up or strait down ,,,,why central banks intervene when things get way out of whack ,, talking something up or down ,,,,its called trading
  • #15,399
  • Mar 5, 2018 12:35pm Mar 5, 2018 12:35pm
bears has not got that power to bring it down i mean f$$$$
  • #15,400
  • Edited 12:53pm Mar 5, 2018 12:39pm | Edited 12:53pm
Quoting MoneyFocus
{quote} I thought Trump wants a weak USD?
he wants it weak, but not that weak. imports over exports. if you have more exports than imports, you want it weaker, if you have more imports than exports, you want it strong.
it's a fine ballance between the two
and he stated that all other countries bring down the currencies in the export game. and it seems that he is doing all that he can to do the same.
what he sais about he actually likes a strong USD, in my oppinion, is just his EGO talking, the "grab them by the pussy" macho )

sorry ATA for the language
MAKE IT RAIN
156 traders viewing now, 2 are registered:
krismade
,
Gecco8