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EURUSD

  • #1,170,501
  • May 21, 2020 3:41am May 21, 2020 3:41am
Quoting PatienceFx
adding short {image}
SL ?
  • #1,170,502
  • Edited 4:01am May 21, 2020 3:48am | Edited 4:01am
apparently playing at middle of this swing , initial target already meet though , now support goes to 1.0850, may test or not crazy up ok.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 41 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,170,503
  • Edited 5:05am May 21, 2020 4:37am | Edited 5:05am
Quoting genghistar
{quote} You could have help more if you can include an execution strategy defining clear entry, stoploss and profit levels. Besides you will also need a robust risk management of reward ratio of more than two against your stoploss. I will reward you with 1k free money with no question ask if you can do 3 out of five live trade calls successfully on the above mentioned basis. I am always glad to add a small monetary contribution to any successful EU traders. If you don't agree with my offer for whatever reasons you are free to make the same offer...
does that offer still stand

EDIT: I like free money...
I wondered if providing levels and direction would be good enough....and should be. But I think/wonder if risk management is more relative to individual trading accounts and traders....only because everyone cant/want take the same risk which is why i think that part is left to the trader to the individual to figure out.

I am currently playing it bearish...I took a couple short position yesterday with trade price at 0969 31 pip stop loss. I jump the gun and willing to take the risk...bulls need to put in some significant work in the next two H4 candles to get me back and they may get that if the news can swing the market. IMO the fundamentals lean the way of the bulls but she has been stretched hard for some days now

A break below 0950 is good for the bears I would take some profit at 0947 then look for additional levels to enter short
Currently watching 0970 for adding shorts a break above 1000 will have me reevaluating POA

Hope she stays in that channel
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-05-19-FLEXIBLE_GRID.png Size: 81 KB
LOCK IN RE-ENTER
  • #1,170,504
  • May 21, 2020 5:56am May 21, 2020 5:56am
Quoting princeali115
Buy order hit
40 pips in right now holding with stop loss in tp
Master your mind. Master Trading.
  • #1,170,505
  • May 21, 2020 6:26am May 21, 2020 6:26am
Quoting princeali115
{quote} 40 pips in right now holding with stop loss in tp
I should have went that route!

Quoting mistaouting
{quote} does that offer still stand EDIT: I like free money... I wondered if providing levels and direction would be good enough....and should be. But I think/wonder if risk management is more relative to individual trading accounts and traders....only because everyone cant/want take the same risk which is why i think that part is left to the trader to the individual to figure out. I am currently playing it bearish...I took a couple short position yesterday with trade price at 0969 31 pip stop loss. I jump the gun...
Manual close. will wait until news
LOCK IN RE-ENTER
  • #1,170,506
  • May 21, 2020 6:40am May 21, 2020 6:40am
Quoting genghistar
{quote} You could have help more if you can include an execution strategy defining clear entry, stoploss and profit levels. Besides you will also need a robust risk management of reward ratio of more than two against your stoploss. I will reward you with 1k free money with no question ask if you can do 3 out of five live trade calls successfully on the above mentioned basis. I am always glad to add a small monetary contribution to any successful EU traders. If you don't agree with my offer for whatever reasons you are free to make the same offer...
I do not provide a 'signals service'. It appears to me you are missing the point of the thread. Read this.
Learn from your mistakes and march on.
  • #1,170,507
  • May 21, 2020 6:51am May 21, 2020 6:51am
H1 EU is looking to touch R1

Attached Image (click to enlarge)
Click to Enlarge Name: EU.JPG Size: 80 KB
  • #1,170,508
  • May 21, 2020 7:10am May 21, 2020 7:10am
Quoting VuLe
{quote} That is the key. You now understand. As you see, the market never waits for you to join and then take off other wise everyone would win... then who is the 1 losing money? it always sets a trap... slowing down like this is the best way to mislead people into thinking a retest(although there may be a small one). my take is a sl hunt going down.... and then taking off... I have a new buy order set at 1.0965...
Ingot another buy in at 1.0965. Anyone else on it?? Still holding on.. the next buy reload/chance to hop on trend might be at 1.0975. GL!
Trade what you see, take what the market gives you.
  • #1,170,509
  • May 21, 2020 7:26am May 21, 2020 7:26am
Quoting here2there
{quote} I do not provide a 'signals service'. It appears to me you are missing the point of the thread. Read this.
You are wrong to assume that I am asking for "signal service" in my post. Since you claim you wanted to help other traders, i think it is reasonable to ask how you execute your trades accordingly to your "plan". No?
How then do you enter a trade without standard entry/sl/tp order?
Asking for a trade execution order is not a signal service.
It is understandable if you decline my offer but assuming that I am asking for "signal service" FROM YOU is a low blow.
Help all the way if you offer help from those that need it but I definitely won't need any help from anybody let alone you. Thank you.

Cheers.
  • #1,170,510
  • May 21, 2020 7:49am May 21, 2020 7:49am
Both usdchf and eurusd going up....annoying day
COT: The precious data ignored
  • #1,170,511
  • May 21, 2020 7:51am May 21, 2020 7:51am
It's holding now in 1.00's... With all the U.S. news.... will it drop down any? Or is it all going to be bad news for the USD???

Is it finally hitting resistance with the 200 moving average???
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 15 KB
My Future is so Bright I gotta wear Shades! https://www.youtube.com/watch?v
  • #1,170,512
  • May 21, 2020 7:56am May 21, 2020 7:56am
My only warning... Danger zone. Do not short if you think for a second it will hold. This is where sheeps die... if you enter here... you are not a bear ir a bull. You are a sheep. Buy dips only, no chance for scalping. Good luck.
my position still hold.
1.0913 1 lot
1.0965 1 lot

also have another order at 1.0975.

I will exit manually according to market movement... but currently it is set to BE (1.0935)
Trade what you see, take what the market gives you.
  • #1,170,513
  • May 21, 2020 7:59am May 21, 2020 7:59am
Quoting Mr. Pip
Hello Traders, looks like Admin does not respond or care. Does anyone care that the thread is here? It is just irritating to me because I’m not selling anything and here it may not reach the newbies we want to help.
Hello, just wondering if any admin staff were online as the people of this thread https://www.forexfactory.com/showthr...2253&page=2479 were wondering why the thread has been taken to the commercial content side. We have being calling for admin on the thread with no response including contact forms sent from a few members and the OP. No broken rules or misconduct can be established, we would like it back to as it was or at least an explanation as to why it is now a commercial thread.

Thanks for any help, Matt.
As the lights go by so too do the shadows move
  • #1,170,514
  • May 21, 2020 8:01am May 21, 2020 8:01am
Quoting genghistar
{quote} You are wrong to assume that I am asking for "signal service" in my post. Since you claim you wanted to help other traders, i think it is reasonable to ask how you execute your trades accordingly to your "plan". No? How then do you enter a trade without standard entry/sl/tp order? Asking for a trade execution order is not a signal service. It is understandable if you decline my offer but assuming that I am asking for "signal service" FROM YOU is a low blow. Help all the way if you offer help from those that need it but I definitely won't...
It wasn't meant to be a 'low blow.'

I was simply saying that's not the purpose of the thread. The purpose of the thread is to provide a trading system, and to demonstrate the thinking process of going through it.

It's not about telling people where they ought to put a stop loss or where they should take profit and what their risk should be. That's their choice.

I am sure you are aware that while most people do trade with a stop loss, some don't. And some, like me, are on and off with using a stop loss. It all depends on the market conditions. Moreover, some people move their stop loss to BE. Some people use a tight stop loss, and some people use a wide stop. It's not up to me to tell people which to use. I leave that up to the reader.

As for TP, some people don't follow a 2 to 1 risk ratio and some do. And some people have more than one exit plan.

That's why I emphasize that it must be YOUR plan, not my plan. It's up to YOU to determine what works best for YOU. The system is there to provide traders with a base to start from, one that primary deals with overcoming psychological hurdles in trading and developing the discipline needed to stay focused and thus trade successfully.
Learn from your mistakes and march on.
  • #1,170,515
  • May 21, 2020 8:02am May 21, 2020 8:02am
Quoting VuLe
My only warning... Danger zone. Do not short if you think for a second it will hold. This is where sheeps die... if you enter here... you are not a bear ir a bull. You are a sheep. Buy dips only, no chance for scalping. Good luck. my position still hold. 1.0913 1 lot 1.0965 1 lot also have another order at 1.0975. I will exit manually according to market movement... but currently it is set to BE (1.0935)
*New Candoe 1h 4h form*
I now see 1.0955ish
moving my order from 1.0975 to 1.0955... GL
Trade what you see, take what the market gives you.
  • #1,170,516
  • May 21, 2020 8:03am May 21, 2020 8:03am
is E/U infected with covid19 ?

what a day ...


seems eu want 1.1100 then fall again ... but every thing is possible !

good luck
  • #1,170,517
  • May 21, 2020 8:04am May 21, 2020 8:04am
Quoting seincard
is E/U infected with covid19 ? what a day ... seems eu want 1.1100 then fall again ... but every thing is possible ! good luck
sl hunts on dumb money
  • #1,170,518
  • May 21, 2020 8:05am May 21, 2020 8:05am
Quoting seincard
is E/U infected with covid19 ? what a day ... seems eu want 1.1100 then fall again ... but every thing is possible ! good luck
keep selling
  • #1,170,519
  • May 21, 2020 8:05am May 21, 2020 8:05am
Quoting VuLe
My only warning... Danger zone. Do not short if you think for a second it will hold. This is where sheeps die... if you enter here... you are not a bear ir a bull. You are a sheep. Buy dips only, no chance for scalping. Good luck. my position still hold. 1.0913 1 lot 1.0965 1 lot also have another order at 1.0975. I will exit manually according to market movement... but currently it is set to BE (1.0935)
What's make you so certain it would go down to 1.0935 ? I am also holding sell but entered too early, actually holding it from yesterday !
  • #1,170,520
  • May 21, 2020 8:07am May 21, 2020 8:07am
EU chart looks like a minefield
Everywhere is full of traps
these days be careful
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