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EURUSD only

  • #84,201
  • Apr 24, 2019 9:28am Apr 24, 2019 9:28am
Nice Stop hunt.. soon this will be probably ready to shoot up.. Next potential pattern on M15: Cypher..

*My final weekly support is 1.1159..

Stay Green
Focus only on what truly matters!
  • #84,202
  • Apr 24, 2019 9:28am Apr 24, 2019 9:28am
Quoting engweijie
{quote} a little off topic from EURUSD but typically your broker(s) should provide 2 types of accounts - one where you pay a fixed commission with spreads from 0.0 to 0.3, and another with no commissions but floating spreads. There’s a never ending debate to which one is ‘better’, but generally if you’re trading longer term swings you’d like the floating accounts (sans spread widening from some unethical brokers) and if you’re trading inter-day you’d take the fixed ones. 1:2000 leverage is insane though... that’s what, 5 pips max drawdown before...
Hi Engweijie, i i really thought majority of the traders would love that kind of leverage because it would allow you to take bigger trade size and also it requires little margin amount for small trades like 0.05 -0.10
  • #84,203
  • Apr 24, 2019 9:28am Apr 24, 2019 9:28am
BOOOOM :| last 4H low broke ...
And new YTD low
  • #84,204
  • Apr 24, 2019 9:32am Apr 24, 2019 9:32am
Quoting kezz
{quote} Hi Engweijie, i i really thought majority of the traders would love that kind of leverage because it would allow you to take bigger trade size and also it requires little margin amount for small trades like 0.05 -0.10
I think the broker would love you more haha to trade 0.05 lots you’d only need what, $3 in ‘collateral’ for that kind of leverage? 6 pips and your account is wiped. Anyway, let’s not digress from EURUSD
You hesitate, you masturbate.
  • #84,205
  • Apr 24, 2019 9:33am Apr 24, 2019 9:33am
Quoting Wavegarrick
{quote} Hi Guys, My sell trades still holding currently at 173 pips. I was not active during the easter period so did not add further sell trades. My weekly support 1 at 1.12055 still holding and I would not be surprised if they push it down to 1.11670 weekly sup 2, today. This would also be a new yearly low. My same rhetoric as usual. I would not be surprised if they move price back up tomorrow being thursday. We are also in a long term support zone and it is a matter of time to see if they will break new grounds and really flip this to the downside....
Hi Guys,

Pop goes the weasel. a new yearly low. I hope my weekly sup 2 will hold for bulls.

Cheers.
Trade to trade another day
  • #84,206
  • Apr 24, 2019 9:33am Apr 24, 2019 9:33am
Quoting Ata-Turkoglu
Nice Stop hunt.. soon this will be probably ready to shoot up.. Next potential pattern on M15: Cypher.. Stay Green
Keep us updated when you go in please!
  • #84,207
  • Apr 24, 2019 9:38am Apr 24, 2019 9:38am
Quoting HumzahJ
{quote} Keep us updated when you go in please!
Carefully watch 1.1155/60 level.. (1.1159 to be precise)

Stay Green
Focus only on what truly matters!
  • #84,208
  • Apr 24, 2019 9:38am Apr 24, 2019 9:38am
Quoting engweijie
{quote} I think the broker would love you more haha to trade 0.05 lots you’d only need what, $3 in ‘collateral’ for that kind of leverage? 6 pips and your account is wiped. Anyway, let’s not digress from EURUSD
Hi ,our discussion is most certainly going a bit out of the eurusd topic,but please explain to me how having an amount of $1000and taking a lot size of 0.05-0.10 and with just 6 pips my account can get wiped (which really hasnt happened so far )

Or maybe you wanted to something else,am i missing something?!
  • #84,209
  • Apr 24, 2019 9:43am Apr 24, 2019 9:43am
Quoting Ata-Turkoglu
{quote} Carefully watch 1.1155/60 level.. (1.1159 to be precise) Stay Green
1.1100 big figure should be a good target. Cheers all.
  • #84,210
  • Apr 24, 2019 9:44am Apr 24, 2019 9:44am
Quoting Ata-Turkoglu
{quote} Carefully watch 1.1155/60 level.. (1.1159 to be precise) Stay Green

Thank you
if you put any orders or anything please post if you can.
You always seem to go in at the right time!

Watching those levels carefully, thanks for the advice
  • #84,211
  • Apr 24, 2019 9:46am Apr 24, 2019 9:46am
$DXY hit 98 and pulled back. EURUSD hit S2 and bounced
  • #84,212
  • Apr 24, 2019 9:47am Apr 24, 2019 9:47am
Quoting WayWayward
{quote} 1.1100 big figure should be a good target. Cheers all.
Yes slowly slowly we are getting there but I believe for this week it still has to wait.. No rush..

Stay Green
Focus only on what truly matters!
  • #84,213
  • Apr 24, 2019 9:50am Apr 24, 2019 9:50am
... https://www.forexfactory.com/showthr...3#post12235993

imo still up:
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4 sr.png Size: 60 KB
  • #84,214
  • Apr 24, 2019 9:52am Apr 24, 2019 9:52am
Post #84,147 ... sometimes things happen sooner rather than later. Turning point could pivot on good data before next week or into next week - now that we've tickled 1.11500. Keeping my power dry at the moment - as need to see some accumulation to confirm my idea.
  • #84,215
  • Apr 24, 2019 9:53am Apr 24, 2019 9:53am
Quoting bigiivan
This divergence can't stay forever.
Fades away.
  • #84,216
  • Apr 24, 2019 9:54am Apr 24, 2019 9:54am
Quoting belon
... https://www.forexfactory.com/showthr...3#post12235993 imo still up: {image}
My weekly chart says bulls rely on last man standing: 1.1159... Time will tell..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: Weekly-Status.png Size: 28 KB
Focus only on what truly matters!
  • #84,217
  • Apr 24, 2019 10:03am Apr 24, 2019 10:03am
I thinking monthly chart, and long 1110-1135
  • #84,218
  • Apr 24, 2019 10:06am Apr 24, 2019 10:06am
Quoting kezz
{quote} Hi ,our discussion is most certainly going a bit out of the eurusd topic,but please explain to me how having an amount of $1000and taking a lot size of 0.05-0.10 and with just 6 pips my account can get wiped (which really hasnt happened so far ) Or maybe you wanted to something else,am i missing something?!
Wait are you talking 200:1 or 2000:1 leverage? My leverage with my broker is 500:1, so opening 0.01 lots is roughly $2.30. 0.05 lots would be $11 thereabouts. With a 2000:1 leverage I would only need a quarter of that to open, or just under $3. I’m referring to if someone were to open MAX leverage and go all in on a single trade.
You hesitate, you masturbate.
  • #84,219
  • Apr 24, 2019 10:09am Apr 24, 2019 10:09am
Quoting Ginew
I thinking monthly chart, and long 1110-1135
Hi,

here's a weekly with yearly leveles
im thinking step by step
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 71 KB
  • #84,220
  • Apr 24, 2019 10:18am Apr 24, 2019 10:18am
anyone ready to go in yet?
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