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EURUSD only

  • #54,621
  • Oct 22, 2018 1:07pm Oct 22, 2018 1:07pm
Quoting Dingoman-two
{quote} There is plenty of profits with intraday trades/scalping, This monthly trading will only work if you break down the time frame's in order to find a better entry point, because the monthly would/could be so far away from the opt-amen trading point it would be mute to enter the trade IMHO, O my dont even get me started on the stop losses 150/200 stop loses
Monthly candles are usually useful to identify the fundamental direction. combining this with weekly and daily will always benefit the trader.
As Above, So Below
  • #54,622
  • Oct 22, 2018 1:13pm Oct 22, 2018 1:13pm
The Bear case for monthly. Crazy? Perhaps. Who knows?. Never say never.
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  • #54,623
  • Oct 22, 2018 1:19pm Oct 22, 2018 1:19pm
Back to trades So heartline/lifeline all broken and my long stills siting at 1485.anyway not that worry yet, bottom ranging still on, strong support 1450 daily active. Today there was just a crush, others allied pairs were likely for more correction down specially most close pair gbpusd. They May do further but for eurusd may even expect 3 bottom. Anyway may see setups over 1450 during next Lo. Take care
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #54,624
  • Edited 1:44pm Oct 22, 2018 1:25pm | Edited 1:44pm
we will wait for another puncture down
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  • #54,625
  • Oct 22, 2018 1:26pm Oct 22, 2018 1:26pm
Quoting blurbear
The Bear case for monthly. Crazy? Perhaps. Who knows?. Never say never. {image}
Anything can happen, and when higher tf in action lots smaller to medium crushes can take place. Afterall there are few hundreds pips space down there to play smooth for real bull. Anyway hope not that c down again. Take care.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #54,626
  • Oct 22, 2018 1:31pm Oct 22, 2018 1:31pm
Quoting fontu
{quote} Anything can happen, and when higher tf in action lots smaller to medium crushes can take place. Afterall there are few hundreds pips space down there to play smooth for real bull. Anyway hope not that c down again. Take care.
Just for doodling purposes only. Only Use it as a broad guide and roadmap.
  • #54,627
  • Oct 22, 2018 1:36pm Oct 22, 2018 1:36pm
my target 1.1450 is almost hitting... go go go !!!
  • #54,628
  • Oct 22, 2018 2:21pm Oct 22, 2018 2:21pm
Any tips for end of day trading on this pair would be appreciated wondering if this pair has given a valid signal on the daily,
  • #54,629
  • Oct 22, 2018 2:29pm Oct 22, 2018 2:29pm
Quoting bill1985
Any tips for end of day trading on this pair would be appreciated wondering if this pair has given a valid signal on the daily,
Bill,
Not many traders do trade at this time...
This is happens everyday... Volume/activity fades... Price tends to range until 1h hour pre-open frankfurt.
You really need to be aware of sessions.
You asked this before.
Unless you trade scalp 1 or 5 min.
It's really rare to bug moves at this time.
Still on US session but, doesn't worth.
My opinion...
If you don't know how to earn money, don't loose it.
  • #54,630
  • Oct 22, 2018 2:35pm Oct 22, 2018 2:35pm
Quoting bill1985
Any tips for end of day trading on this pair would be appreciated wondering if this pair has given a valid signal on the daily,
Simply watch out for 1.1482/87 resistance! If it keeps resisting sell. If H1 candles climb above it and stay above it start buying dips. My two cents.

Stay Green
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Focus only on what truly matters!
  • #54,631
  • Oct 22, 2018 2:43pm Oct 22, 2018 2:43pm
Bulls should mark 1459 and 1489. They will play within
  • #54,632
  • Oct 22, 2018 2:46pm Oct 22, 2018 2:46pm
Quoting coolmakina
{quote} Bill, Not many traders do trade at this time... This is happens everyday... Volume/activity fades... Price tends to range until 1h hour pre-open frankfurt. You really need to be aware of sessions. You asked this before. Unless you trade scalp 1 or 5 min. It's really rare to bug moves at this time. Still on US session but, doesn't worth. My opinion...
Keep in mind the levels that play around these slow times. They tend to be levels where orders are being positioned for next trading session. Do not ignore than totally despite its low volume.
  • #54,633
  • Oct 22, 2018 2:46pm Oct 22, 2018 2:46pm
This is gonna be sideways for the next couple day.
a good day to scalping. Long time trading wait to fall down deeper.
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The consistent profit comes from the perfect algorithm.
  • #54,634
  • Edited 3:07pm Oct 22, 2018 2:53pm | Edited 3:07pm
Checking usdx, likely fall below 95.45 before any further bull try above the the top if!that is all 0.35 gained be all loss next day! Possible minimum!so set pending long just over 1450 and at near previous low having SL 5 pips below to see next day.
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #54,635
  • Oct 22, 2018 2:57pm Oct 22, 2018 2:57pm
Closed my short with +3pips. Bed calls and PA is flat.
Good night guys.
  • #54,636
  • Oct 22, 2018 3:00pm Oct 22, 2018 3:00pm
Quoting Donwealt
Closed my short with +3pips. Bed calls and PA is flat. Good night guys.
Seems my getting out just triggered the move I had waited for 2hrs and didn't get.
  • #54,637
  • Oct 22, 2018 3:03pm Oct 22, 2018 3:03pm
Guess it's best to wait for 1430 to break but waiting for the daily close sucks missing these 100 pip moves
  • #54,638
  • Oct 22, 2018 3:07pm Oct 22, 2018 3:07pm
TP: 13xx area.
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  • #54,639
  • Oct 22, 2018 3:10pm Oct 22, 2018 3:10pm
Quoting SnaveForex
{quote} Keep in mind the levels that play around these slow times. They tend to be levels where orders are being positioned for next trading session. Do not ignore than totally despite its low volume.
Agree.
I don't ignore.
I read volume on my trading.
I am just saying that is very unusual to see breakouts at this time... That's all.
Anything can happen, but somethings happens often than others...
If you don't know how to earn money, don't loose it.
  • #54,640
  • Oct 22, 2018 3:14pm Oct 22, 2018 3:14pm
Nothing to buy and nothing to sell here. Better to stay out or stay short if you have any trades running. Calling it a day. See you tomorrow after Frankfurt opening.

Stay Green
Focus only on what truly matters!
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