EURUSD only | Page 3828 | 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

  • #76,541
  • Edited 10:05pm Feb 1, 2019 1:30pm | Edited 10:05pm
Hello trading gurus. Have been super busy and haven't posted in awhile.

I Hope all are trading with a professionally-minded risk management system in place. And speaking of risk, I rarely hold any trades over the weekend, but I got in short @1472 after waiting for the NFP gyrations to play out. I'm hoping this will be my only trade next week. Of course, if 115 gives way then it's 100% cash position and back to the drawing board. 2019, the year of simplicity for me. WAY less trades, WAY less screen time.

Good weekend to all.

Here's a look on the 1H with SL /// TP projections
Attached Image (click to enlarge)
Click to Enlarge Name: EUBOXES.png Size: 63 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #76,542
  • Feb 1, 2019 1:50pm Feb 1, 2019 1:50pm
Quoting bigiivan
Next week I expect a little move up to touch 1,1424, then little correction down, then more up to 1,15. We' ll see!
Hm! Looks like my last weekend prophecy came true.
  • #76,543
  • Feb 1, 2019 2:26pm Feb 1, 2019 2:26pm
Quoting bigiivan
{quote} Hm! Looks like my last weekend prophecy came true.
I also wanted to remind you of this.
  • #76,544
  • Feb 1, 2019 2:35pm Feb 1, 2019 2:35pm
Quoting Seysin32
{quote} I also wanted to remind you of this.
Спасибо, братушка!
Thank you, bro!
  • #76,545
  • Feb 1, 2019 2:47pm Feb 1, 2019 2:47pm
Possible movement, hourly chart and daily chart analysis.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD.....H1.png Size: 37 KB
Click to Enlarge Name: EURUSD.....Daily.png Size: 38 KB
  • #76,546
  • Feb 1, 2019 3:56pm Feb 1, 2019 3:56pm
Quoting Oc6oph
Short 1.1502 SL 29 pip TP 1.1362
Just closed going to reenter Monday.
ex nihilo
  • #76,547
  • Feb 1, 2019 4:24pm Feb 1, 2019 4:24pm
End of Week Analysis

So... as anticipated, no pass through has been given to bulls by the end of this week. Below are my quick thoughts for next week:

  1. Highest weekly candle close is still 1.1465 and we must keep watching it until candles drop back below the red 8 EMA line on chart.
  2. The "duh" type of resistance sits at 1.15035 and we also must watch if/when candle wicks retest this level.
  3. Still nothing for sure but bulls will probably keep trying to break 1.15035 or at least to close nicely above 1.1465 level. (A wish-washy close above doesn't count. They need a clear close above!)
  4. Finally, just to give you a rough support level for coming week: I would say 1.1375 is probably the area to watch in case price gets there.

My two cents. Enjoy your weekends folks. Peace out..

Stay Green

Attached Image (click to enlarge)
Click to Enlarge Name: Weekly-Status-Updarte.png Size: 28 KB
Focus only on what truly matters!
  • #76,548
  • Feb 1, 2019 6:32pm Feb 1, 2019 6:32pm
I’m undecided about entering reentering short again. 1.1430 looks like possible support and with bad Euro data I think this might go higher. I’m going to look to go long if price stays above 1.1430 aiming for 1.1620
ex nihilo
  • #76,549
  • Feb 1, 2019 6:45pm Feb 1, 2019 6:45pm
Looks like the bull move is getting weak. There may be more pullbacks, but looks like it is turning and going bearish. Either way will wait for Monday to see what is happening. If I see any levels bouncing on hourly chart, i will buy/sell and close the profit manually. Will add stop losses as always. Trade safe and have a good weekend.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 33 KB
Click to Enlarge Name: EURUSDWeekly.png Size: 33 KB
Click to Enlarge Name: EURUSDDaily.png Size: 33 KB
Click to Enlarge Name: EURUSDH4.png Size: 38 KB
Click to Enlarge Name: EURUSDH1.png Size: 37 KB
  • #76,550
  • Feb 1, 2019 9:44pm Feb 1, 2019 9:44pm
Quoting Mr.Salvatore
{quote} Why will bad Euro data make this go higher?
I think that the bad Euro economies will make more shorts so price will go up. Everyone is thinking this is going down now because of bad Euro economies and strong USD.
ex nihilo
  • #76,551
  • Feb 2, 2019 1:49am Feb 2, 2019 1:49am
My prophecy for the next week is short said:
A little fall down for about 40 pips to 1,1400 (probably on monday) then move up till the end of the week - 1,15-1,16.
Let's see!
  • #76,552
  • Feb 2, 2019 1:54am Feb 2, 2019 1:54am
Guys - im going to give you a very simple strategy that has given me a 100% win rate over the last 2 months on this pair. Extremely simple...

price below 1.1340 - buy.
price above 1.1440 - sell.
SL = 150 pips.

All trades closed in profit within 8 days.

Size your positions accordingly (small) so that you can tolerate a DD of 150pips per position.
TP - where ever PA tells you to or around about 50 pips works for me

thats it... 100% win rate in this ranging market.

Goes against traditional methodology where your RRR is less than 1 - but it works provided we remain in this range. I expect the range to break once the yield differential between EUR and USD narrows - which could be another couple months away yet, we will see. until then - its free money

The range band might have to be moved up a little now that the Fed is considered to be more dovish, perhaps around 1375buy-1475sell now, use as a guide only...
  • #76,553
  • Feb 2, 2019 5:59am Feb 2, 2019 5:59am
Quoting bigiivan
My prophecy for the next week is short said: A little fall down for about 40 pips to 1,1400 (probably on monday) then move up till the end of the week - 1,15-1,16. Let's see!
I think you’re right. I’m going try to buy at 1.1420
ex nihilo
  • #76,554
  • Feb 2, 2019 6:09am Feb 2, 2019 6:09am
Inserted Video
NEVER BREAK RULES
  • #76,555
  • Feb 2, 2019 7:26am Feb 2, 2019 7:26am
Long term signal for those that have the balls.

15M+30M+1HR+4HRS+DAILY+WEEKLY

SELL LIMIT@ 1.15144(2ND DAILY RESISTANCE)
TAKE PROFIT@ 1.08597
STOPLOSS@ 1.15424

HOPEFULLY BY DECEMBER THIS YEAR, IT SHOULD REACH
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 15 mins monday 4 feb 2019.png Size: 58 KB
Click to Enlarge Name: 30mins double top.png Size: 55 KB
Click to Enlarge Name: 1hr double top.png Size: 51 KB
Click to Enlarge Name: 4hrs long term signal.png Size: 52 KB
Click to Enlarge Name: daily long term signal.png Size: 67 KB
Click to Enlarge Name: weekly signal.png Size: 51 KB
Risk comes from not knowing what to do
  • #76,556
  • Feb 2, 2019 7:29am Feb 2, 2019 7:29am
Meanwhile for monday
Attached Image (click to enlarge)
Click to Enlarge Name: 15 mins monday 4 feb 2019.png Size: 58 KB
Risk comes from not knowing what to do
  • #76,557
  • Feb 2, 2019 10:56am Feb 2, 2019 10:56am
Have you sin on FF any player with constant equity grow presented in trade explorer? Are we all wasting time here?
  • #76,558
  • Feb 2, 2019 11:14am Feb 2, 2019 11:14am
Quoting From0toHero
Have you sin on FF any player with constant equity grow presented in trade explorer? Are we all wasting time here?
How are we wasting time? How does trade explorer work
ex nihilo
  • #76,559
  • Feb 2, 2019 11:53am Feb 2, 2019 11:53am
Quoting Oc6oph
{quote} How are we wasting time? How does trade explorer work
Wadte time when yoi not profitable. Trade explorer, see below my post overall result, click o it. I tnink everybody should present day results.
  • #76,560
  • Feb 2, 2019 2:46pm Feb 2, 2019 2:46pm
Quoting From0toHero
{quote} Wadte time when yoi not profitable. Trade explorer, see below my post overall result, click o it. I tnink everybody should present day results.
That would be neat to see results of people on here. I’d bet that less than 30% of the
people on here are profitable. Some people use stops that are ridiculously too small like 8 pips or something and many sell the bottom and buy the top. A few claim to have great profit but almost never post a trade. Also see people talking about M1 and M5 time frames having double bottoms lol. Some of these people have been on here for years and should know better by now
ex nihilo
150 traders viewing now, 7 are registered:
jonnylorenz
,
Spekulanta
,
Mozaith
,
Ata-Turkoglu
,
sry.rahmani
,
clascottie
,
Mandarina03