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Trading EURUSD only 43,756 replies

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  • #110,001
  • May 30, 2020 6:24am May 30, 2020 6:24am
i think about it too, but price close the last hour kind of bullish pattern.
maybe it will take last week high again.

i hope you right. have some shorts around 1.106
want to get rid of them soon
  • #110,002
  • May 30, 2020 6:26am May 30, 2020 6:26am
Quoting bugsbunny110
Have a nice weekend for all of you. Could you please guide me how to create an expert. I need someone.
how to create EA or how to use EA?
  • #110,003
  • May 30, 2020 6:53am May 30, 2020 6:53am
Quoting gatenio
i think about it too, but price close the last hour kind of bullish pattern. maybe it will take last week high again. i hope you right. have some shorts around 1.106 want to get rid of them soon

I think eurusd still remain bullish, especially after the squeeze of Friday that will be digested over the weekend, I think the strong fundamentals pushing the euro up will resume on Monday because it offers a much better price to get in. I might be wrong of course but surely what is wrong is to held opened positions over the week end, unless you’re trading on a daily/weekly timeframe...
LDFX Trading Ltd
  • #110,004
  • May 30, 2020 7:22am May 30, 2020 7:22am
OBSERVATIONS:

Market is more likely to RANGE between 1.1372 and 1.0783; That is about
270pips up from the current market price and about 318pips down from the
market price... With this on mind, focus and good money management I believe
green pips will not be only made BUT with peace of mind...

The weekly BULLS target stands at 1.1300 BUT a Trendline from monthly will
force a change in my target to 1.1266... To hit the target the BULLS have to
repeat their aggressive move or hold the market above 1.1053 till MACD reaches
water level...

From the current market price to 1.0783, I was able to identify about six (6) supports
1.1052, 1.1010, 1.0947, 1.0900, 1.0831 and 1.0783...

MY TAKE:
My MIND/BIAS is with the BULLS BUT my STEUP still remains with the BEARS
since I am on different opinion with my SETUP, I still have to respect HER ()
(I am selling with little lot anyway WHILE watching the weekly TF...)


if you know, you know...
My goal is what keeps me going...
  • #110,005
  • May 30, 2020 7:45am May 30, 2020 7:45am
Quoting kazzyworld
OBSERVATIONS: Market is more likely to RANGE between 1.1372 and 1.0783; That is about 270pips up from the current market price and about 318pips down from the market price... With this on mind, focus and good money management I believe green pips will not be only made BUT with peace of mind... The weekly BULLS target stands at 1.1300 BUT a Trendline from monthly will force a change in my target to 1.1266... To hit the target the BULLS have to repeat their aggressive move or hold the market above 1.1053 till MACD reaches water level... From the current...

Lol, is price between 1.1372 and 1.0783 still called a range ?
LDFX Trading Ltd
  • #110,006
  • May 30, 2020 7:50am May 30, 2020 7:50am
Quoting Not-KPMG
{quote} Hi

If I can help , we'll zigzag around 1.1020 quite a bit. Play around .
Nice buys

OK. That bull went well.

Now next I think is a dip coming . I DON'T recommend selling , just thinking . Couldn't post due to work. 1.1104 now.

My view is that we stop hunt AGAIN the area 1.1155.
So Bulls are OK now. Close part there. Call this second push up.

MAYBE SELL...  be patient but do sell

Very possibly a next stop hunt lower. 1.1007 ... 0980 maybe. Or 1050. Take your pick .

Then I expect a third up move. So I'll buy 1050-1000 area.
Target as always 1.1150-75

An I sure? No.
But I'm saying we'll have zigzag again around 1050.

Buy lower. Patience. Take weeks...
Beware of robber banks (RB), bad advisors.
  • #110,007
  • May 30, 2020 7:52am May 30, 2020 7:52am
Weekly: Sell the rips (rip-high extreme @ 1.12070)

TP: 1.09075

Attached Image (click to enlarge)
Click to Enlarge Name: vpr_deciles_eu.png Size: 56 KB
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #110,008
  • May 30, 2020 7:56am May 30, 2020 7:56am
Quoting Not-KPMG
{quote} Nice buys OK. That bull went well. Now next I think is a dip coming . I DON'T recommend selling , just thinking . Couldn't post due to work. 1.1104 now. My view is that we stop hunt AGAIN the area 1.1155. So Bulls are OK now. Close part there. Call this second push up. MAYBE SELL...  be patient but do sell Very possibly a next stop hunt lower. 1.1007 ... 0980 maybe. Or 1050. Take your pick . Then I expect a third up move. So I'll buy 1050-1000 area....

Well, I think that most of the stop hunts/ margin calls will be upward as all the amateurs are heavily short.

Great demo account by the way...
LDFX Trading Ltd
  • #110,009
  • May 30, 2020 8:04am May 30, 2020 8:04am
Quoting LDFX
{quote} Well, I think that most of the stop hunts/ margin calls will be upward as all the amateurs are heavily short.

Great demo account by the way...
Yes. Retail massive short. So up. Stops 1150 area. Sweet...

But also longs will build up because of support 1010.....
So hunt DOWN.... AS WELL. .

I'm certain well see 1030 few times. ..


About my demo.... Are you joking?

Because it was great account
I kept it there so people can learn.
Few tips in my journal....

Beware of robber banks (RB), bad advisors.
  • #110,010
  • May 30, 2020 8:10am May 30, 2020 8:10am
Quoting Not-KPMG
{quote} Yes. Retail massive short. So up. Stops 1150 area. Sweet... But also longs will build up because of support 1010..... So hunt DOWN.... AS WELL. . I'm certain well see 1030 few times. .. About my demo.... Are you joking? Because it was great account I kept it there so people can learn. Few tips in my journal....

Ok, 1.1130/40 would be a big resistance, can’t agree more.

Sorry about the comment on your demo account, that was harsh but couldn’t help myself . Still wondering why you would keep that online regarding the worst performance one can imagine, or is the answer in my question ?

cheers,
LDFX Trading Ltd
  • #110,011
  • May 30, 2020 8:29am May 30, 2020 8:29am
I am gonna break the rule here as it is eurusd only, but usdchf and chfjpy is worth checking out as they are highly correlated to eurusd.

Usdchf is very near a big support and chfjpy is at a resistance, I am gonna watch those levels carefully while still bullish on eurusd but with a resistance to come at 1.1140ish...
LDFX Trading Ltd
  • #110,012
  • May 30, 2020 8:34am May 30, 2020 8:34am
Quoting v2vboni
Weekly: Sell the rips (rip-high extreme @ 1.12070)

TP: 1.09075 {image}
That sell point 1207 look OK..... If we get that high. ..
What if not??? Although spikes can shoot high yes. Sell.

And target is too low.
0960 I'll expect.... Not much lower....

Don't forget Trumpy and his weak dollar agenda....
Euro is much better looking than $$. Still expecting 1050 range about.
Chart.

Trade safe.
Attached Image (click to enlarge)
Click to Enlarge Name: _20200530_140015.JPG Size: 151 KB
Beware of robber banks (RB), bad advisors.
  • #110,013
  • May 30, 2020 8:58am May 30, 2020 8:58am
Quoting LDFX
{quote}... re. Sorry about the comment on your demo account, that was harsh but couldn’t help myself .

Still wondering why you would keep that online regarding the worst performance one can imagine, or is the answer in my question ? cheers,
Hi pal

You're like me - have stinging wit

No. It was BEST account. For over a year. I traded but that made my real account trade suffer...

8000% profit demo at peak. Not bad ehh? From 500 to 40k. Had to ask Twee to add extra digits in the profit field in signature

Real did 120% but very VERY SAFE ...

This post and few dozens before will show some advice and wisdom and results...
https://www.forexfactory.com/showthr...5#post10292075

Why it crashed???

Because I left huge short open in pound .

I was gonna close at stop hunt at 11:50 but idiot cretin boss asked me to work..... Booooom... . Pound liars shot it up with rumours of a hike. Sounds pathetic 1.33 it was.

EVERYONE SEE THE LESSON HERE?
Yes, work su.ks.

Soooo end of demo.
I barely trade pound so sold real much higher

Why I keep the account shown??
So people can see entries exits ... Learn something.

Hope Ata don't mind this rambling

This below picture is to show how PAYING ATTENTION or small frame zigzags can PAY Off. If u have the time...

Again - takes years of experience and focus.
Trade safe!!!

I trade daily frame now. 100 pips or more moves. Boring and quiet. 5-10% a month plus work

Hope I helped !!!
Attached Image
Beware of robber banks (RB), bad advisors.
  • #110,014
  • May 30, 2020 9:01am May 30, 2020 9:01am
1. Market pulled from The 23% fib retracement is 1.1156 given top 1.25 and bottom 1.0725.

2. Last week move covered the entire range from AUG'19 to FEB' 20. i'e before corona crisis.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (106).png Size: 359 KB
  • #110,015
  • May 30, 2020 9:02am May 30, 2020 9:02am
Quoting Not-KPMG
{quote} Hi pal You're like me - have stinging wit No. It was BEST account. For over a year. I traded but that made my real account trade suffer... 5500% profit demo. Not bad ehh? Real did 129% but VERY SAFE... This post and few dozens before will show some advice and wisdom and results... https://www.forexfactory.com/showthr...5#post10292075 Why it crashed??? Because I left huge short open in pound . I was gonna close at stop hunt at 11:50 but idiot cretin boss asked...

So you are keeping your failed demo account to show how important money management is ?

If that is the case then I must inclined myself to you, and I really mean it, I am not being sarcastic.
LDFX Trading Ltd
  • #110,016
  • May 30, 2020 9:11am May 30, 2020 9:11am
Quoting LDFX
{quote} Lol, is price between 1.1372 and 1.0783 still called a range ?

SURE!!! on a MONTHLY TIME FRAME!!!


if you know, you know...
My goal is what keeps me going...
  • #110,017
  • May 30, 2020 9:20am May 30, 2020 9:20am
Quoting kazzyworld
{quote} SURE!!! on a MONTHLY TIME FRAME!!! if you know, you know...

Well, of course, on a yearly time frame it would even look like a 1r atr, but are you trading on a monthly time frame ?
LDFX Trading Ltd
  • #110,018
  • Edited 9:39am May 30, 2020 9:21am | Edited 9:39am
Quoting Not-KPMG
{quote} That sell point 1207 look OK..... If we get that high. .. What if not??? {image}
If not, I'll adjust my expectation(s) accordingly. It's like a normal (open) candle bar, it repaints with new information. And the same goes for my expected sell point and/or target point.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
  • #110,019
  • May 30, 2020 9:22am May 30, 2020 9:22am
Quoting Wavegarrick
{quote} Hi Guys, Took some buys with a bounce off my daily pivot, 25 pip stops. The battle continues. Can bulls break out of this little triangle? Is time running out for bulls? Patience, patience. All the best, Cheers. {image}
Hi Guys,

I would like to give you some analysis from a daily perspective. If you look at my monthly close/open bars (Highlighted orange/red rectangles on the chart) you will see that we had a monthly decrease from the 1st of January to the end of April. What makes this interesting is that even though we had that massive spike up and down in March, (these big spikes usually happen when there is an imminent change in range or direction also seen as a stop hunt, longer-term traders would have been scratching their heads with this move), however, price still maintained the March monthly close diligently below the February close. Does this happen by fluke? I believe not. What is very good to see is that for the first time since January we have had a significantly higher close from the previous month close/open (Yellow/green rectangle on the chart). This makes me believe that we could be going into a bullish phase.
However, I do not say that we won't go down in June. This is more likely going to happen. This could mean a short term downswing and I will be in if this happens but will be looking to get in on bullish reversals. My previous April month open at 1.0950 ish could be a target for short term downswings.

Nothing cast in stone and only expressed my personal view.
Have a great weekend
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_533.png Size: 113 KB
Trade to trade another day
  • #110,020
  • Edited 9:39am May 30, 2020 9:29am | Edited 9:39am
Quoting Wavegarrick
{quote} Hi Guys, I would like to give you some analysis from a daily perspective. If you look at my monthly close/open bars (Highlighted orange/red rectangles on the chart) you will see that we had a monthly decrease from the 1st of January to the end of April. What makes this interesting is that even though we had that massive spike up and down in March, (these big spikes usually happen when there is an imminent change in range or direction also seen as a stop hunt, longer-term traders would have been scratching their heads with this move), however,...

So what are you saying? I couldn’t understand where you are standing, bullish, bearish?

I hate those so called “analysis” on a monthly timeframe, because those “analyzing” the monthly timeframe aren’t getting wet, it is too easy to forecast something that will take months if not years to prove it at best, and if wrong just check for another year, randomness might prove me right...
LDFX Trading Ltd
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