EURUSD only | Page 3124 | 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

  • #62,461
  • Nov 23, 2018 10:02am Nov 23, 2018 10:02am
Quoting kayikayi
{quote} Thank you Coreg hum I have seen price action bend those rules that is why a triangle to me can go either way. I assumed LC could have meant or might be using other parameters. Let's hope this triangle pans out as we wish lol lol
Kayi, look for the anchor leg first, is it down or up? then start labeling with letters, know where these triangles show up in the structure...hope it helps.
Always trade your own plan...I don't provide trading signals.
  • #62,462
  • Nov 23, 2018 10:02am Nov 23, 2018 10:02am
M1
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2018-11-23 18.01.28_1.jpg Size: 122 KB
yes yes yes
  • #62,463
  • Nov 23, 2018 10:04am Nov 23, 2018 10:04am
I use a slow stoch on the 4hr. Whenever it is where it is now coming from the oversold area (now just under 70 and pointing down), price heads much, much lower; may take time, but it will. We are looking at around 1.1300 here, folks.

NB: I usually never pay attention to it, but whenever it catches my attention, hmm...
  • #62,464
  • Nov 23, 2018 10:08am Nov 23, 2018 10:08am
Quoting engweijie
Zzzz sell limit missed by HALF a f***ing pip {image}
SL to 1.1346 (+8 pips locked) could have been double )):

Closed at 1.13365 for +18 pips (could have been +25 ). Long 1.13355, SL 7 pips, half normal position size.
You hesitate, you masturbate.
  • #62,465
  • Nov 23, 2018 10:12am Nov 23, 2018 10:12am
Please!! I need some energies to reach 1.13333
Don't believe me just watch!
  • #62,466
  • Nov 23, 2018 10:15am Nov 23, 2018 10:15am
Quoting Coreg2004
bullish/bearish triangles {image}
Just to add to Coreg's post. There has been no breakout yet of the symetrical triangle. Anyway a breather before direction is decided. My direction of course remains down. Also it has been mentioned prior in this thread that volatility remains low because of thanks giving. Guess what. not so. Smart money use these opportunities to get away from the herd. As I am typing It has gone down

Take Care
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_235.png Size: 53 KB
Trade to trade another day
  • #62,467
  • Nov 23, 2018 10:15am Nov 23, 2018 10:15am
Daily s3, from here it will rise
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2018-11-23 18.14.46_1.jpg Size: 127 KB
yes yes yes
  • #62,468
  • Nov 23, 2018 10:16am Nov 23, 2018 10:16am
Quoting engweijie
{quote} SL to 1.1346 (+8 pips locked) could have been double )): Closed at 1.13365 for +18 pips (could have been +25 ). Long 1.13355, SL 7 pips, half normal position size.
SL to +1. Guess you were right kayikayi you know me well
You hesitate, you masturbate.
  • #62,469
  • Nov 23, 2018 10:18am Nov 23, 2018 10:18am
Quoting engweijie
{quote} SL to +1. Guess you were right kayikayi you know me well
good to have you bouncing up and down collecting pips
one should not go to sleep while the punch bowl is still being passed around no?
  • #62,470
  • Nov 23, 2018 10:19am Nov 23, 2018 10:19am
Missed! for 0,2 pips, but here we come
Attached Image (click to enlarge)
Click to Enlarge Name: EU.jpg Size: 154 KB
Don't believe me just watch!
  • #62,471
  • Nov 23, 2018 10:21am Nov 23, 2018 10:21am
Quoting kayikayi
{quote} good to have you bouncing up and down collecting pips one should not go to sleep while the punch bowl is still being passed around no?
I thought she was done thought wrong. I think one more test of 1.1335/1.1330 before a nice retrace up. But whether it’s worth buying (and risking a gap DOWN on Monday plus overnight swap) is another thing altogether.
You hesitate, you masturbate.
  • #62,472
  • Nov 23, 2018 10:30am Nov 23, 2018 10:30am
getting slowly to A=C (1.13211)
Attached Image (click to enlarge)
Click to Enlarge Name: eurospot11-23.30M.b.PNG Size: 202 KB
Always trade your own plan...I don't provide trading signals.
  • #62,473
  • Nov 23, 2018 10:30am Nov 23, 2018 10:30am
See this nice potential inverse SHS pattern forming on the 4hr. It is almost inevitable, almost sabotage for price not to touch that base at 1.130 (where my red price line is). I think that's where the battle will be. Many people are watching that area.

Edit: For those who use indicators, couple the above observation with my slow stoch (50, 5, 5) just below 70 and pointing firmly down and standard RSI still pointing down and having some more space all on the 4hr. This this thing still has some downward business to finish. Maybe not today.
Attached Image (click to enlarge)
Click to Enlarge Name: PSX_20181123_172707.jpg Size: 68 KB
  • #62,474
  • Nov 23, 2018 10:32am Nov 23, 2018 10:32am
Quoting engweijie
{quote} I thought she was done thought wrong. I think one more test of 1.1335/1.1330 before a nice retrace up. But whether it’s worth buying (and risking a gap DOWN on Monday plus overnight swap) is another thing altogether.
Stopped out +2. Re-entered at a SLIGHTLY better price (1.13354 lolol 0.1 pip). Pending buy limit 1.1329. I will NOT hold this over the weekend. Overall trend is still bearish IMO I am only looking for 10 to 20 pips.

Edit: Closed half for +5, remaining trade SL to BE
You hesitate, you masturbate.
  • #62,475
  • Nov 23, 2018 10:37am Nov 23, 2018 10:37am
Quoting tiborf71
sold. 1.1409
profit closed. 1.1341
  • #62,476
  • Nov 23, 2018 10:39am Nov 23, 2018 10:39am
Quoting engweijie
{quote} Stopped out +2. Re-entered at a SLIGHTLY better price (1.13354 lolol 0.1 pip). Pending buy limit 1.1329. I will NOT hold this over the weekend. Overall trend is still bearish IMO I am only looking for 10 to 20 pips. Edit: Closed half for +5, remaining trade SL to BE
Ok question Eng
why would you buy right below an accumulation?
if price paused for few hours then leaked down...why would you think it will bounce up for 10 or 20 pips?
  • #62,477
  • Nov 23, 2018 10:45am Nov 23, 2018 10:45am
Quoting LCForex
Missed! for 0,2 pips, but here we come {image}
This thing is going to rebound to 1.1360 again. Close all manually
Don't believe me just watch!
  • #62,478
  • Nov 23, 2018 10:45am Nov 23, 2018 10:45am
Quoting kayikayi
{quote} Ok question Eng why would you buy right below an accumulation? if price paused for few hours then leaked down...why would you think it will bounce up for 10 or 20 pips?
Ok 20 pips was a little bit of a long shot... 10 pips more likely.

Anyway, earlier I was saying (when price was still lounging around) it was London's lunch hour, so maybe one more leg down when they're back. Now London's almost done for the day, calling it a week, no NY to mess things up, what does that mean? Most likely we'll go into range? Price isn’t linear, so if you’re caught in a breakout candle, bail fast, otherwise wait for the next swing high to get out either ideally w small profits, at BE or smallest possible loss. I'd get my scalps, if not run away with a small loss of a couple pips. I'm only risking 3 to 5 full-sized pips realistically on these countertrend buys, closing half to lock profits and putting the other half to BE whenever soonest possible so the risk:reward is not too bad.
You hesitate, you masturbate.
  • #62,479
  • Nov 23, 2018 10:46am Nov 23, 2018 10:46am
there is a trend line h4 very close.
it breaks ?
  • #62,480
  • Nov 23, 2018 10:54am Nov 23, 2018 10:54am
Quoting engweijie
{quote} Ok 20 pips was a little bit of a long shot... 10 pips more likely. Anyway, earlier I was saying (when price was still lounging around) it was London's lunch hour, so maybe one more leg down when they're back. Now London's almost done for the day, calling it a week, no NY to mess things up, what does that mean? Most likely we'll go into range? Price isn’t linear, so if you’re caught in a breakout candle, bail fast, otherwise wait for the next swing high to get out either ideally w small profits, at BE or smallest possible loss. I'd get my...

got it chief!!! thx!
344 traders viewing now, 3 are registered:
Narrd
,
Satelly
,
Mike114