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Trading EURUSD only 43,756 replies

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EURUSD only

  • #15,881
  • Mar 8, 2018 9:46am Mar 8, 2018 9:46am
For Dollar to be back in Power!
Support is needed from Powel!
Position Trader
  • #15,882
  • Mar 8, 2018 9:48am Mar 8, 2018 9:48am
Quoting Ata-Turkoglu
{quote} I hear this a lot.. "broker trades against me".. lol.. that would mean --> if you had a Broker A and a Broker B, both trading against you, and you buy EURUSD from broker A and you sell EURUSD from broker B we all traders had to wait for you to close your trades until market can move again.. thank God you are not trading the way what I just described.. lol... just kidding.. relax.. if you are executing wrong trades in high amounts statistically speaking, yes of course any broker could use your trades as an indicator.. but still no guarantee...

Spread changes time to time. For Eurusd almost all of the brokers the spread is under 2.

brokers don't hunt for S/L but market makers does.
  • #15,883
  • Mar 8, 2018 9:49am Mar 8, 2018 9:49am
Quoting mihai1986
time to look for a buy setup
Yeah probably at the channel line I'll look to buy.
What's that smell? ---- I smell money!
  • #15,884
  • Mar 8, 2018 9:50am Mar 8, 2018 9:50am
Quoting Windstrown
Closing my first short @1.2334. Couldnt trigger my other short at 1.25, looking to close my last short at 1.1993. Best regards
Fist one closed, if there is movement up ill add up more
  • #15,885
  • Mar 8, 2018 9:51am Mar 8, 2018 9:51am
Quoting FXClarity
{quote} Just for closure...no mate - I did not mean you. But phasing into a move is not adding to a loser..that mentality is what prevents many traders move forwards..Have you read Davit's Pivot thread? He adopts a similar approach very successfully and he's traded for sometime. Also worth reading is 'Bird watching in Lion country'. ..And when you know where price is going to go - you merely manage entry risk until you get there..I've traded my strategy for years week after week in markets of EVERY condition range / trend etc. Anyway. lets park...
Alright, fair enough. I haven't read those books unfortunately but I haven't read a lot of FX books altogether to be honest, I've read a few classics + on MM (K. Van Tharp). I'm glad I found a system fitting my personality and expectations after years of struggling which allows me to profit from both moves up and down (like over last 2 days) and be profitable almost every day despite the fact that every single FX pair has its bad days (I learned that fact in the hardest possible way). I don't hold any position with loss bigger than 30 pips as daytrader. Wish you a lot of pips.
  • #15,886
  • Mar 8, 2018 9:52am Mar 8, 2018 9:52am
Quoting SteFX85
{quote} Yeah probably at the channel line I'll look to buy.
acording to your chart, wave analisys, it has a high chance to get there. but i trade smaller timeframes too, and smaller moves a bit of scalping for 10-20 pips with tight SL
MAKE IT RAIN
  • #15,887
  • Mar 8, 2018 9:55am Mar 8, 2018 9:55am
Quoting mades
A classic news pattern lately, with the only exception that now the reversal came a bit later (price went up in 2 waves, in past they did it within one wave) in order to trick possible buyers even more. I wouldn't be surprised with 1.23 at the end of the day (and nfp to reverse it completely tomorrow).
2332 maybe ,,,waves abcs what ever you call it its a range between just above a quarterly tgt and Q R1 which was bought once way back in Jan,,,,,,,,,,, working off the shoulder level to the left ,,,,now it claimed 50% level of this top range and a rough monthly average back which it has just tested from the top side ,,selling could be catching up ,,,,or the buyers that put it back above those levels may be about to wallope the sellers ,2332 got used for resistance once finally,,, now its being tested from top side as the other thing listed are ,,not really clear cut in either direction other other than the level at Q R 1 is the fifty level between top and bottom of what one see s on a monthly chart if you view it all ,,,,,, the tap of it in Feb was the 1st time a monthly candle tested it from the top side ,,,,,,, ,,time will tell but your 23 level is a good one to watch in the area of 2332
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  • #15,888
  • Mar 8, 2018 9:55am Mar 8, 2018 9:55am
Winding down long positions now without putting up the price on themselves. Typical price action on Thursday before NFP. Can keep shorting for now. Watch London close for more clues.

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Ecclesiastes 1:9
  • #15,889
  • Mar 8, 2018 9:56am Mar 8, 2018 9:56am
1.22656 for buy target
  • #15,890
  • Mar 8, 2018 10:01am Mar 8, 2018 10:01am
let me tell you she has left us
  • #15,891
  • Edited 10:31am Mar 8, 2018 10:04am | Edited 10:31am
  •  Baldi
  • | Joined Jan 2007 | Status: Reading news and comments... | 77 Posts
Quoting mihai1986
time to look for a buy setup
Don't forget, you need a patience pill...

Patience is key... We are just after an ultra dovish Draghi speech with not too much food for euro bullish thoughts. And we are just before a potentially strong NFP number tomorrow. Very hard to pick the bottom right now, I think. It is much more luck than wisdom.
  • #15,892
  • Edited 10:39am Mar 8, 2018 10:06am | Edited 10:39am
Quoting mihai1986
{quote} acording to your chart, wave analisys, it has a high chance to get there. but i trade smaller timeframes too, and smaller moves a bit of scalping for 10-20 pips with tight SL
Maybe 40 Pip opportunity here?

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What's that smell? ---- I smell money!
  • #15,893
  • Mar 8, 2018 10:09am Mar 8, 2018 10:09am
again sell from m5 m15 and h1 chart . The alligator has now taken over to down side. we are bearish
  • #15,894
  • Mar 8, 2018 10:16am Mar 8, 2018 10:16am
Trump payroll will be always good . i will count on it . will be the opp for u to again short
  • #15,895
  • Mar 8, 2018 10:27am Mar 8, 2018 10:27am
Daily picture from above post ,,,,,, other than adjusting stps wonder what the good ole end of day traders are doing atm ,other than kicking them selves for not taking profits at the bottom if they didnt reverse ,,,,its not all a sprint race traders ,,,the mkt will just chug along doing its thing ,,,,,try to fit in to the mkt picture ,,,,dont try and fit the mkt into what you think or your picture ,, Lets see what it can muster up for a daily close
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  • #15,896
  • Mar 8, 2018 10:28am Mar 8, 2018 10:28am
Quoting tiborf71
{quote} i am now short. I hope it will be good.
I close the short.
only in my opinion.
  • #15,897
  • Mar 8, 2018 10:32am Mar 8, 2018 10:32am
usa onlu 12.30 now they will uprise
  • #15,898
  • Mar 8, 2018 10:43am Mar 8, 2018 10:43am
my trade goes very well and I feel comfortable


we move from my favourite 1.244 /main cross between longs and shorts/ and right now we are around my second favourite level 1.2323. I think good place to retrace maybe, but I still shorting
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  • #15,899
  • Mar 8, 2018 10:44am Mar 8, 2018 10:44am
This price looks like a really good buying spot right now... right?
  • #15,900
  • Mar 8, 2018 10:45am Mar 8, 2018 10:45am
For new traders sell from the high of h1 chart after the dust on nfp . You will have new highs but sell small qty and again sell
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krismade