EURUSD only | Page 4154 | 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

  • #83,061
  • Apr 9, 2019 2:40am Apr 9, 2019 2:40am
Quoting zippo22
Bull run the 2nd? Prices bounced from the 1.1255+- level... which was the 3rd April high... so eyes on 1.1285/1.1300+-
I am afraid to take any position.....
For me it will be a skirmish at this level until tommorow press conference.
Overall for me everything is nulled here
I would like to short on confirmation of trend.
But for sure i am eyeing for tomorrow evening
Regards
The Phoenix Trader....
  • #83,062
  • Apr 9, 2019 2:55am Apr 9, 2019 2:55am
I expect some sort of spike. Maybe the Italian retail sales out in a few minutes may be the excuse for the spike of it comes in green. I hope to catch the top. Buying EU here is a no no for me.
  • #83,063
  • Apr 9, 2019 2:55am Apr 9, 2019 2:55am
Quoting post
Good Morning friends, Buy order just got activated at 1.1195, SL 1.1165, TP; Open Pending Buy Order: 1.1177(Size 2x) , SL and TP the same Trade safe Happy Trading
Closed?
Its all about Timing!!!
  • #83,064
  • Apr 9, 2019 3:39am Apr 9, 2019 3:39am
Quoting gettoefl
{quote} #gann just another quarter of our bull to go and wont be today but middle of tomorrow price already provided then small unfinished bear business
final eight done as explained here and twitter, short 11270 sell limit 11280 sl 11285
twitter: @gettoefl
  • #83,065
  • Apr 9, 2019 3:49am Apr 9, 2019 3:49am
EURUSD currently on a bear channel resistance. I think it's probably likely to stay around this level (1.1250 - 1.1290) range till the ECB announcements tomorrow.

My base case is for a dovish ECB, and move lower to 1.10, as the EUR data has been very bleak. Also technically this currently looks like a bear flag, and we are at an appropriate level to top out - start a continuation move lower.

Alternatively if ECB surprises with more upbeat outlook, EURUSD could break to the upside and continue the range.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily 1.png Size: 105 KB
  • #83,066
  • Apr 9, 2019 3:50am Apr 9, 2019 3:50am
Remember that 1.1297 is maximum target of Shark pattern. It doesn't have to go there. Any level between 1.1272 and 1.1297 is actually sell zone based on Shark pattern... BUT of course we stay long until we see bearish evidence. No rush.. Good luck for those who are long. And patience for those who want to sell.

Stay Green
Focus only on what truly matters!
  • #83,067
  • Apr 9, 2019 3:56am Apr 9, 2019 3:56am
Quoting Ata-Turkoglu
Remember that 1.1297 is maximum target of Shark pattern. It doesn't have to go there. Any level between 1.1272 and 1.1297 is actually sell zone based on Shark pattern... BUT of course we stay long until we see bearish evidence. No rush.. Good luck for those who are long. And patience for those who want to sell. Stay Green
sell.1.1290 sl 1.1320 is good option now
  • #83,068
  • Apr 9, 2019 3:58am Apr 9, 2019 3:58am
Quoting Ata-Turkoglu
Remember that 1.1297 is maximum target of Shark pattern. It doesn't have to go there. Any level between 1.1272 and 1.1297 is actually sell zone based on Shark pattern... BUT of course we stay long until we see bearish evidence. No rush.. Good luck for those who are long. And patience for those who want to sell. Stay Green
Your Shark did a great job. The 4hr 200 SMA also sits at the Shark's maximum target around 1.1298. Then the round number of 1.13 just above plus other resistances lined up. That area should provide some excellent short opportunities.
  • #83,069
  • Apr 9, 2019 4:21am Apr 9, 2019 4:21am
Quoting Mitiblotch
{quote} Your Shark did a great job. The 4hr 200 SMA also sits at the Shark's maximum target around 1.1298. Then the round number of 1.13 just above plus other resistances lined up. That area should provide some excellent short opportunities.
Time will tell where the real sell pressure will show itself.. We got the first rejection at 1.1280 and M15 printed a long bear candle.. I am watching if 1.1280 keeps resisting or not..M15 MACD also started to form divergence.. Maybe I can detect a STEEP TL breakout opportunity on M5.. Still waiting.. Good luck to all sell hunters..

Stay Green
Focus only on what truly matters!
  • #83,070
  • Apr 9, 2019 4:29am Apr 9, 2019 4:29am
Grrr... Mutti rocked the party
  • #83,071
  • Edited 4:54am Apr 9, 2019 4:38am | Edited 4:54am
I am thinking out loud: If 1.1280 is completion point C of Shark pattern, then can bears push price back down to 1.1214 area to form a bullish 5-0 pattern? Time will tell... First I must be sure that point C of Shark is complete.. Sipping from my coffee helps a lot

*Also keep in mind that once/if bears kick in, their first target will be fib 50% of BC leg (roughly 1.1230 area) where bull pressure might block the roads to 1.1214..

*For my followers: We still can buy the touches to Dashed RED TL on H1.

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: H1-Status-Update.png Size: 40 KB
Focus only on what truly matters!
  • #83,072
  • Apr 9, 2019 4:43am Apr 9, 2019 4:43am
Quoting Ata-Turkoglu
I am thinking out loud: If 1.1280 is completion point C of Shark pattern, then can bears push price back down to 1.1214 area to form a bullish 5-0 pattern? Time will tell... First I must be sure that point C of Shark is complete.. Sipping from my coffee helps a lot Stay Green
The quite forceful rejection was a news event so EUR is currently trying to recover from it. How much damage the news have done to the momentum we may see over the next 60 minutes...
  • #83,073
  • Apr 9, 2019 4:46am Apr 9, 2019 4:46am
Quoting zippo22
{quote} The quite forceful rejection was a news event so EUR is currently trying to recover from it. How much damage the news have done to the momentum we may see over the next 60 minutes...
Don't be sad.. If market loses one momentum she soon creates a new one lol

Stay Green
Focus only on what truly matters!
  • #83,074
  • Apr 9, 2019 4:47am Apr 9, 2019 4:47am
I love that reaction at 1.1280. Serious red bar on 1 hr and lower TFs with heavy volume. Tells a lot. The big guys just started dumping. I have my first set of sells now at 1.1275 approx. SL above 1.13. TP open. I also intend to sell any other spikes, in fact, I'd love spikes at this point to get more sells in. I hope to hold these trades in profit before tomorrow's ECB.
  • #83,075
  • Apr 9, 2019 5:06am Apr 9, 2019 5:06am
As usual I keep sharing these.. To expand our overall view of what else can happen..

Inserted Video


Stay Green
Focus only on what truly matters!
  • #83,076
  • Apr 9, 2019 5:11am Apr 9, 2019 5:11am
Quoting Ata-Turkoglu
{quote} Don't be sad.. If market loses one momentum she soon creates a new one lol Stay Green
Dear Ata , what you expect now , is it further go up or not?
What s ur strategy now
  • #83,077
  • Apr 9, 2019 5:22am Apr 9, 2019 5:22am
Quoting Ata-Turkoglu
{quote} Okay enough.. you are referring to my critic where I clearly stated that your pattern is NOT a Gartley.. Your BC leg retracement is too short. It MUST had touched fib 38.2 but it goes only to fib 33.0.. Your false idea of the well known Gartley pattern, which you think you are trading, is for this situation coincidentally aligned with the bullish reversal. Stop misleading newbies. I will not repeat myself: Learn your pattern rules first and also learn to listen what you were criticized about and own it.
I agree with you. One of the first book I read about trading is that the biggest problems with traders that use a good trading system is that they don't learn the rules and don't follow them. The result is that when the system fails they blame the system instead of blaming themselves. Thank you for keeping traders on the right path.
  • #83,078
  • Apr 9, 2019 5:28am Apr 9, 2019 5:28am
Quoting Ata-Turkoglu
As usual I keep sharing these.. To expand our overall view of what else can happen.. https://www.youtube.com/watch?v=TNrT85UiP-k Stay Green
H4 bar which was mentioned from a video guy already closed above 1,1274 and the breakout to the upside is made.
  • #83,079
  • Apr 9, 2019 5:30am Apr 9, 2019 5:30am
Even on M5 no lower low yet.. still keeping longs or waiting on sidelines..

Stay Green
Focus only on what truly matters!
  • #83,080
  • Apr 9, 2019 5:33am Apr 9, 2019 5:33am
Quoting bigiivan
{quote} H4 bar which was mentioned from a video guy already closed above 1,1274 and the breakout to the upside is made.
Sighs.. sure Ivan, he published the video this early morning. I am late to share it here. But still he provides valuable information for this entire week if you really listen to what he says.

Stay Green
Focus only on what truly matters!
219 traders viewing now, 1 is registered:
fmtrad3r