EURUSD | Page 58822 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #1,176,421
  • Jul 29, 2020 2:13am Jul 29, 2020 2:13am
if euro fail to make a monthly close above 1.1925 then my targets will be 0.98 for this year and 0.80 for next year .
  • #1,176,422
  • Jul 29, 2020 2:31am Jul 29, 2020 2:31am
Quoting khalid33
if euro fail to make a monthly close above 1.1925 then my targets will be 0.98 for this year and 0.80 for next year .
you putting out numbers that are years from now... but you seem to be entering and exiting daily/weekly... . So you a short term or a retirement trader?? I do believe we’ll have crazy spike during election though xD
Trade what you see, take what the market gives you.
  • #1,176,423
  • Jul 29, 2020 3:07am Jul 29, 2020 3:07am
Quoting khalid33
just added short 1.1765
Still at it!
LOCK IN RE-ENTER
  • #1,176,424
  • Jul 29, 2020 3:14am Jul 29, 2020 3:14am
Quoting khalid33
if euro fail to make a monthly close above 1.1925 then my targets will be 0.98 for this year and 0.80 for next year .
Dude.... and holding your short position until then?
LOCK IN RE-ENTER
  • #1,176,425
  • Jul 29, 2020 3:28am Jul 29, 2020 3:28am
Quoting mistaouting
{quote} Dude.... and holding your short position until then?
if euro wont make it above 1.1950 then yes i will keep my short position till parity . dont be surprised man in 2008 euro collapsed from 1.60 to 1.20 in 4 months and from 1.40 to 1.04 in one year 2014/2015 .
  • #1,176,426
  • Jul 29, 2020 3:36am Jul 29, 2020 3:36am
Quoting khalid33
{quote} if euro wont make it above 1.1950 then yes i will keep my short position till parity . dont be surprised man in 2008 euro collapsed from 1.60 to 1.20 in 4 months and from 1.40 to 1.04 in one year 2014/2015 .
What will cause EUR to collapse now, today? USD is in big trouble. I do believe that USD will recover but not yet. As long as USD is down, EUR will go up. US economy has dropped since Covid-19 and is not recovered yet. How can you base your analysis on if it does not go above 1.1950? It could get almost there today, and just be around that resistance. Tomorrow or next week can go up to 1.20 or higher... I mean it is your money and analysis but I am having a hard time understanding what is it that you're trying to do...

Also 3 months now, EURUSD has been going up about 1000 pips now. Since April.2020 until today July.2020.
  • #1,176,427
  • Jul 29, 2020 3:49am Jul 29, 2020 3:49am
My draw out... 1.1780 retest, then drop to 1.1710-1.1680 and the. fomc will take us to new levels 1.18xx

if not... we go straight to 1.18xx and fomc will do the retracement...
Trade what you see, take what the market gives you.
  • #1,176,428
  • Jul 29, 2020 3:51am Jul 29, 2020 3:51am
EU left out of big buyers, it should find them lower, all its latest upmoves don't last for long.
Looking for profitable short term trades ...|
  • #1,176,429
  • Jul 29, 2020 3:52am Jul 29, 2020 3:52am
Quoting khalid33
{quote} if euro wont make it above 1.1950 then yes i will keep my short position till parity . dont be surprised man in 2008 euro collapsed from 1.60 to 1.20 in 4 months and from 1.40 to 1.04 in one year 2014/2015 .
I think its time for correction myself...but wasn't planning a change in current trend without news.
LOCK IN RE-ENTER
  • #1,176,430
  • Jul 29, 2020 3:54am Jul 29, 2020 3:54am
Quoting khalid33
if euro fail to make a monthly close above 1.1925 then my targets will be 0.98 for this year and 0.80 for next year .
Wise words

Quitting my long order
  • #1,176,431
  • Jul 29, 2020 4:00am Jul 29, 2020 4:00am
Quoting VuLe
My draw out... 1.1780 retest, then drop to 1.1710-1.1680 and the. fomc will take us to new levels 1.18xx if not... we go straight to 1.18xx and fomc will do the retracement...

Everyone seems to agree that people will TP around 1.182, a retrace to around 1.157 could be possible before any new highs.

Only thing I'm wondering about is what monthly close will the bulls pursue on friday...?
I don't know...
  • #1,176,432
  • Jul 29, 2020 4:03am Jul 29, 2020 4:03am
Quoting Techanalyst
{quote} What will cause EUR to collapse now, today? USD is in big trouble. I do believe that USD will recover but not yet. As long as USD is down, EUR will go up. US economy has dropped since Covid-19 and is not recovered yet. How can you base your analysis on if it does not go above 1.1950? It could get almost there today, and just be around that resistance. Tomorrow or next week can go up to 1.20 or higher... I mean it is your money and analysis but I am having a hard time understanding what is it that you're trying to do... Also 3 months now,...
trading is simple bro im seeing 1.1925 -1.1950 as a strong resistance on monthly time frame so im betting on this risking 300 pips for 2000 pips reward. the reason why i shorted here and didnt wait the 1.19 area is based on my experience that when currency is in a bearish monthly channel u make your bets around 200 pips below the upper trend line of the channel . and you know what ? market will NEVER make itself clear to give bulls 200 or 300 pips from here then give a golden chance to majority of traders who are waiting to short at 1.19 or 1.20 .
  • #1,176,433
  • Jul 29, 2020 4:10am Jul 29, 2020 4:10am
Quoting khalid33
{quote} trading is simple bro im seeing 1.1925 -1.1950 as a strong resistance on monthly time frame so im betting on this risking 300 pips for 2000 pips reward. the reason why i shorted here and didnt wait the 1.19 area is based on my experience that when currency is in a bearish monthly channel u make your bets around 200 pips below to the upper trend line of the channel . and you know what ? market will NEVER make itself clear to give bulls 200 or 300 pips from here then give a golden chance to majority of traders who are waiting to short at 1.19...

Idk if he is good on the call .98 parity but I am fully on board with 1.19xx is a sell zone.... but if thats the case why not buy to reach that part to sell??? I cant hold a 300pip trade... 2-4lots on a 300pips is
6k-12k... thats a no no for me lol. I trade short term. Reading the monthly and weekly bar.

edit* thought I posted the picture.
see how far out of the band the monthly candle is?? I believe there could he one last stretch and next month could be a 38-61.8% fib pull back... 1.15xx-1.16xx zone... thats my opinion
Attached Image (click to enlarge)
Click to Enlarge Name: D5F49CF4-29FD-424A-804E-57B49F722C41.png Size: 675 KB
Trade what you see, take what the market gives you.
  • #1,176,434
  • Jul 29, 2020 4:16am Jul 29, 2020 4:16am
Quoting Toto69
{quote} thanks my indicator prnted a top for now. im short
im back in short if this a False Breakout i will cut it asap.

Out scalping took profits never let your small profits go away.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 13.png Size: 42 KB
Click to Enlarge Name: 15.png Size: 47 KB
it does not cost me anything to share my knowledges
  • #1,176,435
  • Jul 29, 2020 4:18am Jul 29, 2020 4:18am
Quoting VuLe
{quote} Idk if he is good on the call .98 parity but I am fully on board with 1.19xx is a sell zone.... but if thats the case why not buy to reach that part to sell??? I cant hold a 300pip trade... 2-4lots on a 300pips is 6k-12k... thats a no no for me lol. I trade short term. Reading the monthly and weekly bar.
WTH dude if i shorted euro 1.1750 with stop 1.1950 does it mean i should buy targeting 1.1950 instead ? if u took gold long 1955 with stop 1950 can i say oh if this is the case why dont u short it and make 1950 ur target ?? now im officially bored
  • #1,176,436
  • Jul 29, 2020 4:26am Jul 29, 2020 4:26am
Quoting khalid33
{quote} WTH dude if i shorted euro 1.1750 with stop 1.1950 does it mean i should buy targeting 1.1950 instead ? if u took gold long 1955 with stop 1950 can i say oh if this is the case why dont u short it and make 1950 ur target ?? now im officially bored
You comparing a $5 gold sl vs a 200pip difference. That makes you look a bit uneducated. You think intraday can move 200pip without news??

its how ever my friend. You trading long term. I am just agreeing partially with 1.19xx is a strong resistance. I trade short term and I made my analysis. Let me repeat my statement “for today’s movement.”
eu push to 1.1800 before the news, we should see a drop. If it reaches 1.1680-1.1710. We could see a sky rocket.

that is my statement. I dont trade long term so I dont see this .98 of yours. But gl with the trade.
gold can fluctuate $5 instantly if you comparing 1955 to a 1950sl
vs a 1.17xx short with 1.19xx sl...
Trade what you see, take what the market gives you.
  • #1,176,437
  • Jul 29, 2020 4:35am Jul 29, 2020 4:35am
Quoting Js3mwtRc
EU left out of big buyers, it should find them lower, all its latest upmoves don't last for long.
I said it! Two way market again today, bulls ate more, but I still believe that it has room yet to fall, the news are some more hours later.
Looking for profitable short term trades ...|
  • #1,176,438
  • Jul 29, 2020 4:36am Jul 29, 2020 4:36am
Quoting khalid33
if euro fail to make a monthly close above 1.1925 then my targets will be 0.98 for this year and 0.80 for next year .
You have a point here, euro is making LL on daily and speaking of FA, europe is also printing its way out of the crisis. At least solid RR ratio which is the most important thing anyway, nobody knows for sure what's gonna happen. I have sell here, although is highly possible for eur to go > 1.18 adding shorts piece by piece looking good to me.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20200729-132755_MetaTrader 4.jpg Size: 276 KB
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck
  • #1,176,439
  • Jul 29, 2020 4:38am Jul 29, 2020 4:38am
Quoting SashaP
Well Sl was hit again +1 pip)
You have been doing $240 per pip right? You got nothing but losses this week. You were having what about 20 pips stop loss. So how much did you lose this week about $10,000 or more? Or were you at break even or I remember you mention +1 pip profit?
  • #1,176,440
  • Jul 29, 2020 4:48am Jul 29, 2020 4:48am
Quoting bikov
{quote} You have a point here, euro is making LL on daily and speaking of FA, europe is also printing its way out of the crisis. At least solid RR ratio which is the most important thing anyway, nobody knows for sure what's gonna happen. I have sell here, although is highly possible for eur to go > 1.18 adding shorts piece by piece looking good to me. {image}
No sign of lower low on EURUSD daily. None, zero.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDdaily.png Size: 32 KB
Attached Image
962 traders viewing now