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EURUSD only

  • #103,261
  • Mar 6, 2020 7:09am Mar 6, 2020 7:09am
Quoting goldfish3
{quote} Thank you for you advice dear friend. But im not a patient trader. I want instant results. While I have been at it for quite some time, im probably just under break even but EU is super compliant with my style under certain market structures and completely not most of the time. I cant wait around for a week to take a trade and then wait another 10 hours for it to materialize. Gold on the other hand is boom or bust. More my style, I think. Im going to try my hand at it. Likelihood of success is low with my strategy but I just do this as a...
Brutal honesty! Thank you and best wishes. :-)
  • #103,262
  • Mar 6, 2020 7:13am Mar 6, 2020 7:13am
Short word
market dose not trust $ these days and Eur zero rate
makes it safe heaven
This makes strong and huge wave for Eur demand
  • #103,263
  • Mar 6, 2020 7:20am Mar 6, 2020 7:20am
USD data is positive, weekly charts last 2 candle is unusual. Most traders sees unusual market behavior. No apparent reason for the euro.

Just to remind you..... Trump wants US dollar cheap!
Only an idiot knows with certainty to where the market is going.
  • #103,264
  • Mar 6, 2020 7:25am Mar 6, 2020 7:25am
Marking 1.1316 as the support. A 30min candle close below more momentum for the bears. If this is broken then nearest resistance would be 1.1323 and 1.1330.

Lets see
  • #103,265
  • Mar 6, 2020 7:26am Mar 6, 2020 7:26am
That 1H double tip is sooo beautiful.
"Your Habits Will Determine Your Future"
  • #103,266
  • Mar 6, 2020 7:33am Mar 6, 2020 7:33am
Quoting Compound
{image}
50PIPS out. Nice weekend...
There is no perfect system
  • #103,267
  • Mar 6, 2020 7:33am Mar 6, 2020 7:33am
Quoting MaxDoom
Fresh short from 1.1338 see if it has run out of steam yet {image}
Looks like it has run out..
Attached Image (click to enlarge)
Click to Enlarge Name: EU 2020-03-06g.PNG Size: 31 KB
  • #103,268
  • Mar 6, 2020 7:33am Mar 6, 2020 7:33am
Ata, you are an amazing man !!!

you are an amazing man
  • #103,269
  • Mar 6, 2020 7:42am Mar 6, 2020 7:42am
Attached Image (click to enlarge)
Click to Enlarge Name: DXY WEEKLY.jpg Size: 173 KB
Attached Image (click to enlarge)
Click to Enlarge Name: DXY 240 MIN.jpg Size: 175 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD WEEKLY.jpg Size: 196 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 240 MIN.jpg Size: 176 KB
Patience is the key for success.
  • #103,270
  • Mar 6, 2020 7:52am Mar 6, 2020 7:52am
Quoting Mitiblotch
First short scalp 1.1338. I still have another pending at 1.1360 area. Just in case. SL and TP open for now.
Painfully enough my pending sell at 1.1360 was missed by 6 pips whilst I was busy! Still holding my 1.1338 short. See if we can hit 1.1250. As for the buy on the chart, I don't mind it being taken out if price ever gets down there again.
Attached Image (click to enlarge)
Click to Enlarge Name: PSX_20200306_165011.jpg Size: 152 KB
  • #103,271
  • Mar 6, 2020 7:56am Mar 6, 2020 7:56am
Quoting Mitiblotch
{quote} Painfully enough my pending sell at 1.1360 was missed by 6 pips whilst I was busy! Still holding my 1.1338 short. See if we can hit 1.1250. As for the buy on the chart, I don't mind it being taken out if price ever gets down there again. {image}
Same here. Shit happens.
  • #103,272
  • Mar 6, 2020 8:00am Mar 6, 2020 8:00am
Bearish engulfing 1 hr candle in just one minute...just saying cheers
Trade to trade another day
  • #103,273
  • Mar 6, 2020 8:23am Mar 6, 2020 8:23am
Quoting MaxDoom
{quote} Looks like it has run out.. {image}
Pays not to be greedy ... buy dinner instead
Fix up, trade sharp ...
  • #103,274
  • Mar 6, 2020 8:38am Mar 6, 2020 8:38am
H1 Status Update

Flipping the story after price is back below 1.1333.. I could luckily sell 1.1331.. let's see how it goes until market close..

Stay Green
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 26 KB
Focus only on what truly matters!
  • #103,275
  • Mar 6, 2020 8:41am Mar 6, 2020 8:41am
Attached Image (click to enlarge)
Click to Enlarge Name: 6-3-2020 (2).png Size: 33 KB
There is no perfect system
  • #103,276
  • Mar 6, 2020 8:47am Mar 6, 2020 8:47am
Quoting Ata-Turkoglu
H1 Status Update Flipping the story after price is back below 1.1333.. I could luckily sell 1.1331.. let's see how it goes until market close.. Stay Green {image}
Closing sell order here at 1.1308.. (+23 pips cashed back).. I don't want to hold orders for too long inside these late hours.. Everything is so weird.. so it best to be on the safe side.. Will try to sell again if I see progress..

Stay Green
Focus only on what truly matters!
  • #103,277
  • Mar 6, 2020 9:05am Mar 6, 2020 9:05am
Quoting Ata-Turkoglu
{quote} Closing sell order here at 1.1308.. (+23 pips cashed back).. I don't want to hold orders for too long inside these late hours.. Everything is so weird.. so it best to be on the safe side.. Will try to sell again if I see progress.. Stay Green
Did you notice, market respected your weekly pivot. 1.1356
  • #103,278
  • Mar 6, 2020 9:13am Mar 6, 2020 9:13am
Quoting Compound
{image}
Trading plan for next week:
2x Buy Limit: 1.12550, SL: 30Pips TP1: 1.12850, TP 2: 1.13150

RR Ratio: 1/1 and 2/1. @lot 0,2% x 2 = 0,4% Balance

Risk 1: 0,4% x 30pip = 1,2%
Risk 2: 0% (if it meets the save point)

Reward:
TP1: 0,2% x 30pip = 0,6% (save Poin)
TP2: 0,2% x 60pip = 1,2%
There is no perfect system
  • #103,279
  • Mar 6, 2020 9:35am Mar 6, 2020 9:35am
Quoting Traderview
{quote} Did you notice, market respected your weekly pivot. 1.1356
Thanks.. of course I have but unfortunately I didn't expect all this would happen this week.. I was thinking market will or will not close above 1.1207 and then I would aim for these levels but everything happened so fast as if EURO bulls were in a hurry.. Sighs.. but yeah.. weekly levels often do a great job..

Stay Green
Focus only on what truly matters!
  • #103,280
  • Mar 6, 2020 9:42am Mar 6, 2020 9:42am
Seems akin to a blowout before a market dump giving the dire straights of the current eu fundamentals
Que Sera
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