EURUSD only | Page 5106 | 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

  • #102,101
  • Feb 10, 2020 9:55am Feb 10, 2020 9:55am
I am looking to short again, but for those want to buy, just be patient and buy @ 1.09 round number and previous low. No need to suffer through DD.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-5Daily 2102020.png Size: 31 KB
  • #102,102
  • Edited 10:18am Feb 10, 2020 10:01am | Edited 10:18am
eyeing new Y1 low...watch that daily RSI...waiting macd to show relief to close shorts and scalp to some longs until a trend reversal conformation of some sort, maybe the ecb will give some life to the bulls
LOCK IN RE-ENTER
  • #102,103
  • Feb 10, 2020 10:15am Feb 10, 2020 10:15am
Quoting MaxDoom
EU still short next targets marked on chart. The quarterly low is significant, not much between it and the 2016 low 1.03xx {image}
finally little movement....
not too far to the Quarterly low now
Attached Image (click to enlarge)
Click to Enlarge Name: EU 2020 Feb 10a.PNG Size: 44 KB
  • #102,104
  • Feb 10, 2020 10:48am Feb 10, 2020 10:48am
Until there is a doji on the daily (better still a morning star on the daily), it is worthless buying. No need to try to pick the bottom. At this rate that N.Y. is always selling, that 0880 may be easy meat. If they keep getting buyers here then price will keep going down.
  • #102,105
  • Feb 10, 2020 11:14am Feb 10, 2020 11:14am
Quoting Ata-Turkoglu
S/R Levels for This Week My personal wish is that price doesn't go lower than 1.0938 but as you can see from the chart below, it still has the potential to touch 1.0906, speaking for this week only (and that would also be my ultimate low). However, if bulls can start a correction, their main target would be my most recent Dashed-BLUE TL touch level: 1.1030 where I would switch back to selling. I hope it helps.. Happy new week to all.. Stay Green {image}
Just a question. I am curious on what is running on your mind if you may explain to give clarity. You clearly know that the price has a potential to touch 1.0906.(currently almost there) Your bias is bullish, it must be stronger enough to favor. But will it be wiser to hedge? Considering you know it may go down to that level by saying the potentiality for this week? -just curious-
Only an idiot knows with certainty to where the market is going.
  • #102,106
  • Feb 10, 2020 11:17am Feb 10, 2020 11:17am
Quoting Mitiblotch
... If they keep getting buyers here then price will keep going down...
Hi Miti,

I dont understand a thing, why everybody thinks the only interest of banks is to trigger stops of retail traders? Retail market is as little as 3% in terms of volume. This means that they could fill all retail orders almost without moving the price (concede me this exaggerated picture pls )

Can you please explain what you said? It seems that they would still sell because retail traders absorb the offer side.

Thanks for your contribution to the forum,

Cheers and pips to you
  • #102,107
  • Feb 10, 2020 11:23am Feb 10, 2020 11:23am
Quoting Ker
{quote} Hi Miti, I dont understand a thing, why everybody thinks the only interest of banks is to trigger stops of retail traders? Retail market is as little as 3% in terms of volume. This means that they could fill all retail orders almost without moving the price (concede me this exaggerated picture pls ) Can you please explain what you said? It seems that they would still sell because retail traders absorb the offer side. Thanks for your contribution to the forum, Cheers and pips to you
In this market there are both big and small sharks. Big sharks here eat small ones. The small sharks are not necessarily retail traders but also other small funds that invest or speculate in the forex market.
  • #102,108
  • Feb 10, 2020 11:35am Feb 10, 2020 11:35am
Quoting Mitiblotch
{quote} In this market there are both big and small sharks. Big sharks here eat small ones. The small sharks are not necessarily retail traders but also other small funds that invest or speculate in the forex market.
that's something to think about, I never thought of it that way...I have always had the mindset of price following demand.

maybe this down trend has more to do other factors besides the big sharks eating the small sharks.....swim with big sharks and you could get some of the scraps lol
LOCK IN RE-ENTER
  • #102,109
  • Feb 10, 2020 11:42am Feb 10, 2020 11:42am
Down down she goes … how long will it last?
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM30.png Size: 37 KB
  • #102,110
  • Feb 10, 2020 11:46am Feb 10, 2020 11:46am
Quoting Hutch
Down down she goes … how long will it last? {image}
1.08850
  • #102,111
  • Feb 10, 2020 11:46am Feb 10, 2020 11:46am
Quoting mistaouting
{quote} that's something to think about, I never thought of it that way...I have always had the mindset of price following demand. maybe this down trend has more to do other factors besides the big sharks eating the small sharks.....swim with big sharks and you could get some of the scraps lol
but the question is ... as the small one, can we dive as depth as the big shark did ???
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #102,112
  • Edited 12:13pm Feb 10, 2020 11:56am | Edited 12:13pm
Quoting pinguin
{quote} but the question is ... as the small one, can we dive as depth as the big shark did ???

Wait for the shark to come back up and dive back down with them....sharks cant swim out of water so you wait until they come back to sea level (Say R1 or S1...) and dive back down with them ;-) Patience is the hard part...waiting for the shark to come back up I guess....your looking at all the fun below or up...and feel like your missing out...but thats better than being shark bait!

probably easier said than done...and things you already know. If want more thoughts on the matter send me a message.

I closed my short position at the London close....Im ready to get back in short....and watching it take a dip down now I want to jump back in.....but ill wait for the sharks to come back to a level im comfortable with before going short again.....maybe in that time waiting we will get that reversal everyone seems to be waiting for..... and ill go long lol..doubt it
LOCK IN RE-ENTER
  • #102,113
  • Feb 10, 2020 12:06pm Feb 10, 2020 12:06pm
H4 is perfectly aligned
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 64 KB
long term anal ist
  • #102,114
  • Feb 10, 2020 12:30pm Feb 10, 2020 12:30pm
may take another short position if it gets back 0916 or 0925 depending on momentum of the retracement and if it gets there a couple hours before the NY close. that's with a 5 pip stop loss 15 pip limit....not expecting much action from here..
LOCK IN RE-ENTER
  • #102,115
  • Feb 10, 2020 12:49pm Feb 10, 2020 12:49pm
Quoting pinguin
{quote} but the question is ... as the small one, can we dive as depth as the big shark did ???
The better question is.... when to time it. If you can catch the timing, you won't be as deep.
Only an idiot knows with certainty to where the market is going.
  • #102,116
  • Feb 10, 2020 6:36pm Feb 10, 2020 6:36pm
Quoting mistaouting
may take another short position if it gets back 0916 or 0925 depending on momentum of the retracement and if it gets there a couple hours before the NY close. that's with a 5 pip stop loss 15 pip limit....not expecting much action from here..
personally, as my earlier post before, i still kept my short open with the Trailing SL ON to lock my pips and ensure my pips booked meanwhile eyeing if the humpback whale turning up to the surface anytime for their maccarel feeding frenzy, so we could join into their party.

goodluck and happy trade everyone
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #102,117
  • Feb 10, 2020 7:18pm Feb 10, 2020 7:18pm
Quoting pinguin
{quote} personally, as my earlier post before, i still kept my short open with the Trailing SL ON to lock my pips and ensure my pips booked meanwhile eyeing if the humpback whale turning up to the surface anytime for their maccarel feeding frenzy, so we could join into their party. goodluck and happy trade everyone
I was of the same mindset past few days....didn't want to give up my extra pips on the my trail stop...and want to sleep peacefully tonight.
Plus I'm starting to expect a retraacement soon and didn't want to wake up to be stopped out.... Don't know how much movent we would get until 4 or am est
LOCK IN RE-ENTER
  • #102,118
  • Feb 10, 2020 8:14pm Feb 10, 2020 8:14pm
Quoting mistaouting
{quote} I was of the same mindset past few days....didn't want to give up my extra pips on the my trail stop...and want to sleep peacefully tonight. Plus I'm starting to expect a retraacement soon and didn't want to wake up to be stopped out.... Don't know how much movent we would get until 4 or am est
imho, price retracement / bouncing could be kicked of after price test the weekly lowest low around 1.08xxx

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200211-092033.png Size: 180 KB


in my poin of view TF-H1 i see the bearish flag. sorry if the picture not to clear enough due i post from my mobile
Suro Diro Joyoningrat Lebur Dening Pangastuti
  • #102,119
  • Edited 10:00pm Feb 10, 2020 8:58pm | Edited 10:00pm
Quoting pinguin
{quote} imho, price retracement / bouncing could be kicked of after price test the weekly lowest low around 1.08xxx {image} in my poin of view TF-H1 i see the bearish flag. sorry if the picture not to clear enough due i post from my mobile

Good call Pinguin,

My fibs with a 100% retracement at 1.089 area,
and then followed with a possible pullback IMHO

  • #102,120
  • Feb 11, 2020 12:48am Feb 11, 2020 12:48am
Quoting Dingoman-two
{quote} Good call Pinguin, My fibs with a 100% retracement at 1.089 area, and then followed with a possible pullback IMHO
A break below that quarterly low 1.087x. Opens up 1.03xx.
any pullbacks could be quite muted. Eu bear is a reasonable carry trade. They are fighting lower numbers across the board brexit has yet to sink in and they are far more exposed to the Coronavirus than other places
it may not get there but I am targeting 1.03xx
159 traders viewing now, 2 are registered:
krismade
,
Gecco8