EURUSD | Page 57565 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #1,151,281
  • Mar 11, 2019 5:55am Mar 11, 2019 5:55am
Attached Image
Attached Image
  • #1,151,282
  • Mar 11, 2019 6:31am Mar 11, 2019 6:31am
There is news at 830am. May push this up a bit higher, before going back down tomorrow. Trade safe.
  • #1,151,283
  • Mar 11, 2019 7:06am Mar 11, 2019 7:06am
The EURUSD pair has managed to recover some of its post ECB decline although I feel any up move will be faced by fresh supply pressure around the 1.1260 level, So can look for trade opportunity when the pair reaches mid-1.1200.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB
  • #1,151,284
  • Mar 11, 2019 7:39am Mar 11, 2019 7:39am
Positive news for US dollar. EURUSD going down further.
  • #1,151,285
  • Mar 11, 2019 7:55am Mar 11, 2019 7:55am
I have an improvement for my strategy.
taking trade only if the bands are separated from each other .

eu h1+ 1m
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd h1.png Size: 23 KB
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd 5M.png Size: 32 KB


dx d1
Attached Image (click to enlarge)
Click to Enlarge Name: dx d1.png Size: 21 KB
yes yes yes
  • #1,151,286
  • Mar 11, 2019 8:08am Mar 11, 2019 8:08am
Thanks Techanalyst so much!
  • #1,151,287
  • Mar 11, 2019 8:28am Mar 11, 2019 8:28am
Quoting Moty
I have an improvement for my strategy. taking trade only if the bands are separated from each other . eu h1+ 1m{image}{image} dx d1{image}
Resistence in 1.1290 / 1.13. But pay attention for the pivot weekly in 1.1263.
Together we can be strongest
Vantage Return This Month: na
  • #1,151,288
  • Mar 11, 2019 8:41am Mar 11, 2019 8:41am
Quoting Moty
I have an improvement for my strategy. taking trade only if the bands are separated from each other . eu h1+ 1m{image}{image} dx d1{image}
by definition if the bands are widening a large momentum move has already occurred.
you can see that in your example chart.
You might get one more move on that, 20 pips or so, but thats it.
Refining, changing and adapting indicators does not help.
in wondering about yourself, you forgot what you came here to be part of
  • #1,151,289
  • Mar 11, 2019 8:49am Mar 11, 2019 8:49am
Quoting knkie
{quote} by definition if the bands are widening a large momentum move has already occurred. you can see that in your example chart. You might get one more move on that, 20 pips or so, but thats it. Refining, changing and adapting indicators does not help.
Great explanation. I am trying to explain that as well, but a lot traders just don't understand that indicators are lagging and they are useless. Trade safe.
  • #1,151,290
  • Mar 11, 2019 8:50am Mar 11, 2019 8:50am
Resistance on one hour chart looks like it's 1.1253.
  • #1,151,291
  • Mar 11, 2019 9:31am Mar 11, 2019 9:31am
Quoting sponge
I would like to see a close over 1.1250 area tonight. I think we have or will have a new uptrend in place soon. The Dollar threatens more upside atm but it's volume is starting to look a wee bit negative Could all change of course Brexit is getting too close for comfort
Bulls stilll need that close over 1.1250 area imo
All charts/ideas based on UK time zone
  • #1,151,292
  • Mar 11, 2019 9:45am Mar 11, 2019 9:45am
Quoting Techanalyst
{quote} Great explanation. I am trying to explain that as well, but a lot traders just don't understand that indicators are lagging and they are useless. Trade safe.
Its a process one goes through...I used indicators for a very long time before i finally let them go and started reading price on the chart.....
Now when I put a indicator on there it confuses me
in wondering about yourself, you forgot what you came here to be part of
  • #1,151,293
  • Mar 11, 2019 9:56am Mar 11, 2019 9:56am
Price accumulated on one hour chart. Added another short @: 1.1238, SL: 1.1322, TP: 1.1025. Will move stop losses further down as price goes down.

Current ratio on EURUSD: 62% buyers and 38% sellers.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 46 KB
Click to Enlarge Name: EURUSDH1.png Size: 41 KB
  • #1,151,294
  • Mar 11, 2019 1:52pm Mar 11, 2019 1:52pm
eu h1+dx h1
eu 15m
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur usd h1.png Size: 23 KB
Click to Enlarge Name: dx h1.png Size: 27 KB
Click to Enlarge Name: eur usd 15M.png Size: 27 KB
yes yes yes
  • #1,151,295
  • Mar 11, 2019 5:36pm Mar 11, 2019 5:36pm
Don't panic, this is due to the news of brexit.

https://www.forexfactory.com/news.php?do=news&id=894775
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 38 KB
  • #1,151,296
  • Mar 11, 2019 6:23pm Mar 11, 2019 6:23pm
25 years and nothing change, the same traders with the same mistakes.

Inserted Video
Together we can be strongest
Vantage Return This Month: na
  • #1,151,297
  • Mar 11, 2019 7:57pm Mar 11, 2019 7:57pm
Quoting Techanalyst
Don't panic, this is due to the news of brexit. https://www.forexfactory.com/news.php?do=news&id=894775 {image}
Hi Techanalyst,
thank you so much for your sharing, but with EU now, i think MM are traping seller (sell break down Daily candle)
https://www.tradingview.com/x/XqIGCsVi/
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 60 KB
  • #1,151,298
  • Mar 11, 2019 10:16pm Mar 11, 2019 10:16pm
Quoting Vct
{quote} Hi Techanalyst, thank you so much for your sharing, but with EU now, i think MM are traping seller (sell break down Daily candle) https://www.tradingview.com/x/XqIGCsVi/ {image}
That candle is by institutional traders not market makers. The price overall is going down. I am looking at the higher time frames like weekly, daily,4H and i also look at 1H for day trades positions. There is a brexit vote tomorrow which is going to be reject. That means GBP and EUR is going down.

The bluebox is where MM are. The previous move of red candles is institutional traders. Now the MM are trapping buyers. I mean it went up almost 100 pips. But I hold my position longer terms so to me this don't matter. So once institutional traders start coming in, neither MM and IT want to battle each other. So Now MM are making money and IT are out for now. Once the IT start coming in heavy, MM will stay out of it. Trade safe.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 49 KB
  • #1,151,299
  • Mar 11, 2019 10:23pm Mar 11, 2019 10:23pm
Quoting Techanalyst
{quote} That candle is by institutional traders not market makers. The price overall is going down. I am looking at the higher time frames like weekly, daily,4H and i also look at 1H for day trades positions.
Hey Techanalyst,
Pls, tell me how can you distinguish that candle is created by institutional or MM trader?
  • #1,151,300
  • Mar 11, 2019 10:28pm Mar 11, 2019 10:28pm
Quoting Techanalyst
{quote} That candle is by institutional traders not market makers. The price overall is going down. I am looking at the higher time frames like weekly, daily,4H and i also look at 1H for day trades positions. There is a brexit vote tomorrow which is going to be reject. That means GBP and EUR is going down. The bluebox is where MM are. The previous move of red candles is institutional traders. Now the MM are trapping buyers. I mean it went up almost 100 pips. But I hold my position longer terms so to me this don't matter. So once institutional traders...
i think i agree with you sir.. this pattern similar to ucad few weeks ago.. right now its consolidating at h1.. maybe will head down..
627 traders viewing now, 1 is registered:
Jewel1996