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EURUSD

  • #1,177,341
  • Aug 5, 2020 5:19am Aug 5, 2020 5:19am
Quoting PatienceFx
{quote} {image}
I guess the mouse is the EU, it is falling now.
Looking for profitable short term trades ...|
  • #1,177,342
  • Aug 5, 2020 5:22am Aug 5, 2020 5:22am
According to leash, I took a short here at 1.1857... for a Sasha in an out move xD... please draw back a good bit so I can scalp and look for a buy with the bulls
Trade what you see, take what the market gives you.
  • #1,177,343
  • Aug 5, 2020 5:23am Aug 5, 2020 5:23am
Quoting Js3mwtRc
{quote} What is the reason you are selling this trend my friend!
I only sold last night according to the trend line, bounce. But my sl was above the trendline. And again I slept through the opening of the session (
Trade what you see, take what the market gives you.
  • #1,177,344
  • Aug 5, 2020 5:25am Aug 5, 2020 5:25am
Quoting PatienceFx
i hope vule is watching this move ; he will love it
Someone wake up big boss Techanalyst...
Trade what you see, take what the market gives you.
  • #1,177,345
  • Aug 5, 2020 5:31am Aug 5, 2020 5:31am
Quoting VuLe
According to leash, I took a short here at 1.1857... for a Sasha in an out move xD... please draw back a good bit so I can scalp and look for a buy with the bulls
Exited.. 2 pips.. I forgot I am horrible scalper.. i’d just die..
Trade what you see, take what the market gives you.
  • #1,177,346
  • Aug 5, 2020 5:38am Aug 5, 2020 5:38am
Quoting VuLe
{quote} I only sold last night according to the trend line, bounce. But my sl was above the trendline. And again I slept through the opening of the session (
Your entry was good, but you should have take the profits at support - 1805, the last number was a good break for the bulls to extend the trend.
Looking for profitable short term trades ...|
  • #1,177,347
  • Aug 5, 2020 5:50am Aug 5, 2020 5:50am
Quoting Js3mwtRc
{quote} I guess the mouse is the EU, it is falling now.
i thought vule and wife

---------
getting 1860 exit was a dream, got it

now expecting to buy again near 1820 / 1720
Attached Image
  • #1,177,348
  • Aug 5, 2020 5:52am Aug 5, 2020 5:52am
Quoting VuLe
{quote} Exited.. 2 pips.. I forgot I am horrible scalper.. i’d just die..
you really need this now https://www.forexfactory.com/thread/...3#post13098143

why did you exit such a lovely short so fast
  • #1,177,349
  • Aug 5, 2020 6:02am Aug 5, 2020 6:02am
Closed my GBPJPY sell position. The -$55. Holding my long positions on EURUSD and added more. In profit $326 so far.
  • #1,177,350
  • Aug 5, 2020 6:10am Aug 5, 2020 6:10am
1860 recent high ; looks like lower high unless ADP changes it

i hate this wedge on h1
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 33 KB
  • #1,177,351
  • Aug 5, 2020 6:20am Aug 5, 2020 6:20am
Quoting PatienceFx
{quote} you really need this now https://www.forexfactory.com/thread/...3#post13098143 why did you exit such a lovely short so fast
I need to stop telling myself that I cant scalp and actually try to scalp >.>..... it hurts man but I was scarred. I think you are right... only way to learn to scalp is attempt it. But its okay. Next time, I will catch it!!!
Trade what you see, take what the market gives you.
  • #1,177,352
  • Aug 5, 2020 6:23am Aug 5, 2020 6:23am
Quoting VuLe
{quote} I need to stop telling myself that I cant scalp and actually try to scalp >.>..... it hurts man but I was scarred. I think you are right... only way to learn to scalp is attempt it. But its okay. Next time, I will catch it!!!
My advice is to stay away from scalping. The 1 and 5 min is very stressful. Why putting yourself through that. If you want to day trade, just look at 4hr,1hr and take positions on a 15 min chart. If you want to do longer term like I do, I look from monthly down to 4hr chart. From 1hr to 1min I do not have it on my chart. No stress, it does take some time, but it pays off. You can still day trade on a 4hr and close it the same day can give you very good results. Trade safe.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.png Size: 90 KB
  • #1,177,353
  • Aug 5, 2020 6:29am Aug 5, 2020 6:29am
Quoting Techanalyst
{quote} My advice is to stay away from scalping. The 1 and 5 min is very stressful. Why putting yourself through that. If you want to day trade, just look at 4hr,1hr and take positions on a 15 min chart. If you want to do longer term like I do, I look from monthly down to 4hr chart. From 1hr to 1min I do not have it on my chart. No stress, it does take some time, but it pays off. You can still day trade on a 4hr and close it the same day can give you very good results. Trade safe. {image}

Agreed !
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,354
  • Aug 5, 2020 6:34am Aug 5, 2020 6:34am
Quoting Techanalyst
{quote} My advice is to stay away from scalping. The 1 and 5 min is very stressful. Why putting yourself through that. If you want to day trade, just look at 4hr,1hr and take positions on a 15 min chart. If you want to do longer term like I do, I look from monthly down to 4hr chart. From 1hr to 1min I do not have it on my chart. No stress, it does take some time, but it pays off. You can still day trade on a 4hr and close it the same day can give you very good results. Trade safe. {image}
Its because I am on the sideline while it breaks out.. buying would be deadly... I just saw the opportunity to pull back around 1.184x...
Trade what you see, take what the market gives you.
  • #1,177,355
  • Aug 5, 2020 6:35am Aug 5, 2020 6:35am
Quoting VuLe
{quote} I need to stop telling myself that I cant scalp and actually try to scalp >.>..... it hurts man but I was scarred. I think you are right... only way to learn to scalp is attempt it. But its okay. Next time, I will catch it!!!
Scalping can be tricky, because of the smaller TFs.. a lot of noise so pure headache. If I really want to go for it, I make sure to draw out major zones nearby, most importantly previous day's fibo levels and see how the price reacts to it and if I see an opportunity I get in and as soon as I get some pips I lock 5- 10 pips [in case it back fires on me] and then let it ride to see how much pips I can squeeze out of it. Because if there's something I don't trust, it's the TFs below H1. I try and stick with H4 and above. There's a sweet Fib indicator for MT4 that could be helpful, if you don't want to manually draw them out.. and if you want I could share it with you and you could study how the price usually reacts to those fib levels [going through the history] it is usually a handy one for scalping some pips at precise levels mainly when they align with major zones/ trend lines that you can track on higher TFs.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,356
  • Aug 5, 2020 6:45am Aug 5, 2020 6:45am
Quoting VuLe
{quote} Its because I am on the sideline while it breaks out.. buying would be deadly... I just saw the opportunity to pull back around 1.184x...
Looking at 4hr the price has already pulled down about 200 pips. On a daily where demand zone is, that's where the price came back. It is going up again 200+ pips. Than most likely will pullback down again a bit and going up. EURUSD is going up to about 1.25 for now maybe a bit less then that. But this pair is pure bullish. I am holding my positions and adding more. I mean look how strong the trend is on this one the bullish trend that even scalping is very risky. You're doing good with your trading, just keep it simple and much less stress. You'll make money you are a good trader.
  • #1,177,357
  • Aug 5, 2020 6:46am Aug 5, 2020 6:46am
This a chart of how I see USD.

It may take days, weeks, or Months, but I am sure the institutions target that Monthly trendline!

https://www.tradingview.com/x/QDR412QU/
Looking for profitable short term trades ...|
  • #1,177,358
  • Aug 5, 2020 6:59am Aug 5, 2020 6:59am
Quoting Js3mwtRc
This a chart of how I see USD. It may take days, weeks, or Months, but I am sure the institutions target that Monthly trendline! https://www.tradingview.com/x/QDR412QU/
Attached Image (click to enlarge)
Click to Enlarge Name: DXY.png Size: 60 KB
  • #1,177,359
  • Aug 5, 2020 7:07am Aug 5, 2020 7:07am
Looking at two possibilities for the day, either we test the highs and "possibly" break upward later on or price drops to test 1.176-1.173 zone and "probably" jumps back up from there.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
  • #1,177,360
  • Aug 5, 2020 7:12am Aug 5, 2020 7:12am
Don't like to form a firm opinion because it can be damaging but, by the looks of everything, it definitely looks like some serious bullish action all the way for at least this month. I could be totally wrong.

Edit: Definitely with some pullbacks here and there.. as long as 1.176-1.173 holds, this is how I will be viewing things.
Seek, because knowledge is a boundary.. but ignorance is boundless- SJV
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