EURUSD only | Page 2304 | 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

  • #46,061
  • Sep 23, 2018 11:43pm Sep 23, 2018 11:43pm
Quoting digger1
{quote} Lol,, its only diabolical if you allow it to be ,,, does the same shit day after day,,week after week, the only thing that changes is the levels it does it at
Hi digger1,
Would you mind to share your carmila pivots indicator please.
MRMALIK1
  • #46,062
  • Sep 23, 2018 11:43pm Sep 23, 2018 11:43pm
Quoting wasntme
being that the market is diabolical it wouldnt surprise me ifwe close this hour red frankfurt will pull its usual fakeout higher to relieve as many in the retail trade of their money then london slams it down
Lo and action to decide the indecision weekend and as still above limits, though in zigzag waves up should not have such limits, may easily make a bull set up to try top even as early as round numbers nearby.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #46,063
  • Sep 23, 2018 11:46pm Sep 23, 2018 11:46pm
Quoting Slt93
{quote} We are the market. You are saying we are all little devils. That´s true. On our one shoulder is a little devil. But, on our other shoulder is a little angle.
We,,,, nah ,, not as retailers ,, most retailers think they are going to out maneuver the mkt,,,, they zig when the mkt zags ,,, dont make much that way ,, retailers just a nuisance in the mkt racket,, only been given a chance to play on the big boys playground because of the advancement of technology,, sure as hell not going to rule the playground ,, much more profitable to do what they do,,go the way they go etc etc
  • #46,064
  • Sep 23, 2018 11:46pm Sep 23, 2018 11:46pm
bearish cup and handle? Or wishful thinking?...

edit - eh, not much of a handle really...
A snails pace wins the race :-)
  • #46,065
  • Sep 23, 2018 11:47pm Sep 23, 2018 11:47pm
Quoting wasntme
being that the market is diabolical it wouldnt surprise me ifwe close this hour red frankfurt will pull its usual fakeout higher to relieve as many in the retail trade of their money when london slams it down
Seriously speaking: I have come to the conclusion that we should only enter depending on the signal we get post London open.

However, in the case of, especially, a Horizontal Channel at the start, it is often a good place to enter when the expected BreakOut does not take place during the Frankfurt Hour. It all depends on the strength of the underlying trend. However, you have to trust and understand your indicators absolutely before you can do this.
Only real values: Valid rules, discipline and experience.
  • #46,066
  • Sep 23, 2018 11:50pm Sep 23, 2018 11:50pm
Quoting digger1
{quote} We,,,, nah ,, not as retailers ,, most retailers think they are going to out maneuver the mkt,,,, they zig when the mkt zags ,,, dont make much that way ,, retailers just a nuisance in the mkt racket,, only been given a chance to play on the big boys playground because of the advancement of technology,, sure as hell not going to rule the playground ,, much more profitable to do what they do,,go the way they go etc etc
Yes, I agree 100%. What I am saying is the big players are human too and we think more or less like they do - only in the case when they follow Technical Analysis signals. When they make decisions in terms of fundamentals they can, obviously, surprise us. We can often guess correctly what they are about to do in the market in terms of TA. Actually, we rely on our indicators to tell us what the big boys and girls are about to do. We just follow the trend. We certainly do not set it.
Only real values: Valid rules, discipline and experience.
  • #46,067
  • Sep 23, 2018 11:52pm Sep 23, 2018 11:52pm
Quoting Slt93
{quote} Yes, I agree 100%. What I am saying is the big players are human too and we think more or less like they do. We can often guess correctly what they are about to do in the market.
Yep ,, only difference is they take orders from some higher ups that are privy to much better info than we have ,,all we can do is follow their tracks ,,,,,which means what ,,,they are making the tracks
  • #46,068
  • Sep 24, 2018 12:00am Sep 24, 2018 12:00am
Quoting digger1
Dont really see much of anything ,,always slow this time of day ,, more so today with a holiday in japan and china ,,missing a few players for sure ,,blue trendline break right at mkt open ,,entering at the break price has got the days range so far ,,other than that gonna have to get into frankie and london to get much of a direction for the day ,,sty green all {image}
We know what Crazy Frankie is gonna do. "Imma go UP for awhile! NOPE, that's too much, lemme go DOWN now... fast! Whee! Now I'm tired... think I'll just do a 1-pip range for the next half hour..."
  • #46,069
  • Sep 24, 2018 12:01am Sep 24, 2018 12:01am
Quoting digger1
{quote} Yep ,, only difference is they take orders from some higher ups that are privy to much better info than we have ,,all we can do is follow their tracks ,,,,,which means what ,,,they are making the tracks
Yep.
Only real values: Valid rules, discipline and experience.
  • #46,070
  • Sep 24, 2018 12:04am Sep 24, 2018 12:04am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 283 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 211 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 3.png Size: 265 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 4.png Size: 260 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 279 KB
  • #46,071
  • Sep 24, 2018 12:07am Sep 24, 2018 12:07am
Quoting digger1
{quote} We,,,, nah ,, not as retailers ,, most retailers think they are going to out maneuver the mkt,,,, they zig when the mkt zags ,,, dont make much that way ,, retailers just a nuisance in the mkt racket,, only been given a chance to play on the big boys playground because of the advancement of technology,, sure as hell not going to rule the playground ,, much more profitable to do what they do,,go the way they go etc etc
And I think it's good that we DON'T have much impact on the market, especially on the profit-share the big boys get. Because if we did, you can be certain they'd try to find some way to keep us OUT of the game altogether. So, best to be satisfied with the scraps they leave for us.
  • #46,072
  • Sep 24, 2018 12:11am Sep 24, 2018 12:11am
Quoting Ratmach
{quote} And I think it's good that we DON'T have much impact on the market, especially on the profit-share the big boys get. Because if we did, you can be certain they'd try to find some way to keep us OUT of the game altogether. So, best to be satisfied with the scraps they leave for us.
Lol,, well they are doing a good job ,, leverage keeps dropping ,,some of that self inflicted tho ,, guess many didnt read what they were signing ya now the part about losing is actually ones own fault for placing a piss poor trade ,,, got to blame some one else tho ,, hey I know lets limit everybody on the retail side
  • #46,073
  • Sep 24, 2018 12:11am Sep 24, 2018 12:11am
Quoting Ratmach
{quote} And I think it's good that we DON'T have much impact on the market, especially on the profit-share the big boys get. Because if we did, you can be certain they'd try to find some way to keep us OUT of the game altogether. So, best to be satisfied with the scraps they leave for us.
Agreed. As long as we’re not in the way of they’re agenda, they’ll let us roam...
A snails pace wins the race :-)
  • #46,074
  • Sep 24, 2018 12:12am Sep 24, 2018 12:12am
Quoting digger1
they are making the tracks
They or the algorithms?
Only real values: Valid rules, discipline and experience.
  • #46,075
  • Sep 24, 2018 12:14am Sep 24, 2018 12:14am
Quoting Slt93
{quote} They or the algorithms?
Algorithms make it even easier,,they have to be programmed by somebody ,,patterns that repeat can be recognized
  • #46,076
  • Sep 24, 2018 12:21am Sep 24, 2018 12:21am
Quoting digger1
{quote} Algorithms make it even easier,,they have to be programmed by somebody ,,patterns that repeat can be recognized
The problem is the parameters to the pattern. This is why there a million different versions of a pin bar ( hammer, shooting star). There are no universal definitions to any patterns in TA.
If you are good at something, never do it for free--Joker
  • #46,077
  • Sep 24, 2018 12:25am Sep 24, 2018 12:25am
Quoting jmn5611
{quote} The problem is the parameters to the pattern. This is why there a million different versions of a pin bar ( hammer, shooting star). There are no universal definitions to any patterns in TA.
I totally disagree. But, I have to trade. No time to discuss this now.
Only real values: Valid rules, discipline and experience.
  • #46,078
  • Edited 12:46am Sep 24, 2018 12:27am | Edited 12:46am
In my humble opinion the M10 is the decision chart this morning because it is the valid 10 x 50 for this Down move that started some time ago. Let´s see.

Dingoman two: Here is one of my Rules: every extended move has its own, specific, valid 10 x 50. It is easy to see that on this Extended Down move the M10 10 x 50 is the valid indicator to follow - specifically only in the case of this Extended Move. Every Extended Move has a specific 10 x 50 that is valid for that specific Move.

Buy on M10 10 x 50 UP and Sell on cross below bottom horizontal resistance level. Let´s see.

M10
Attached Image (click to enlarge)
Click to Enlarge Name: M10.png Size: 30 KB
Only real values: Valid rules, discipline and experience.
  • #46,079
  • Sep 24, 2018 12:28am Sep 24, 2018 12:28am
Quoting jmn5611
{quote} The problem is the parameters to the pattern. This is why there a million different versions of a pin bar ( hammer, shooting star). There are no universal definitions to any patterns in TA.
Parameters in the quiet times would be easy to set at the closest support or resistance levels for the time of day ,, ,,sure they have parameters based on different news annc that come every month ,,sure there are some such as interest rate annc that they dont even use them
  • #46,080
  • Sep 24, 2018 12:31am Sep 24, 2018 12:31am
Quoting jmn5611
{quote} The problem is the parameters to the pattern. This is why there a million different versions of a pin bar ( hammer, shooting star). There are no universal definitions to any patterns in TA.
I maybe shouldn't admit this here, but... I pay very little attention to trend lines. Oh I'll keep on eye on a moving average to get a general idea of if we're in an up or down trend. But the lines connecting this low to another low and another low, etc... well, no. The reason being it just seems so totally subjective to me. I'll think, "Hey, this looks like a legit trend line," and then I'll check and someone else has it marked differently, which is different from someone else, and on and on. Yes, I realize some people are much better at figuring out what's real and what's not, but for me, trying to figure it out just gives me a headache... so I don't.
87 traders viewing now