EURUSD only | Page 6124 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

Trading EURUSD only 43,756 replies

Eurusd-5m Trading Only 110 replies

LIVE Trades Only : EURUSD & GBPUSD 123 replies

Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies

Script to change EA to long only/ short only at a price level? 1 reply

Attachments: EURUSD only
Exit Attachments

EURUSD only

  • #122,461
  • Edited 2:08pm Dec 18, 2020 1:41pm | Edited 2:08pm
****EDIT****
Is there a problem with the "like-function"? I wanted to give you (andvk74) a thumbs up

Quoting andvk74
Otherwise I see a run above 1.2413. Time will tell. {image}
...I've been posting this already for a looooooong time...

Attached Image (click to enlarge)
Click to Enlarge Name: 29ae4dea373df52581882493400e9e5d.png Size: 31 KB
  • #122,462
  • Dec 18, 2020 1:46pm Dec 18, 2020 1:46pm
out of long be
MTF PA with indicators = a winning team
  • #122,463
  • Edited 2:48pm Dec 18, 2020 2:35pm | Edited 2:48pm
Quoting ursinho4711
****EDIT**** Is there a problem with the "like-function"? I wanted to give you (andvk74) a thumbs up {quote} ...I've been posting this already for a looooooong time... {image}
Can't get any more EXACT than this!!! COOL!
I got my level from this Daily analysis. If a DAILY candle closes above 1.2272 IMO we will be going for the 1.2413 as the next STOP on the EURO train!!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Daily 11.png Size: 65 KB
Click to Enlarge Name: Daily 22.png Size: 80 KB
Click to Enlarge Name: D1 333.png Size: 62 KB
Click to Enlarge Name: D1 111.png Size: 37 KB
  • #122,464
  • Dec 18, 2020 2:38pm Dec 18, 2020 2:38pm
Quoting ursinho4711
****EDIT**** Is there a problem with the "like-function"? I wanted to give you (andvk74) a thumbs up {quote} ...I've been posting this already for a looooooong time... {image}

yup can’t seem to like posts
Insane in the Brain..
  • #122,465
  • Dec 18, 2020 2:42pm Dec 18, 2020 2:42pm
Quoting BeeTogether
{quote} yup can’t seem to like posts
Just click the thumbs UP button and refresh the page!!!
  • #122,466
  • Dec 18, 2020 2:57pm Dec 18, 2020 2:57pm
Quoting andvk74
{quote} Can't get any more EXACT than this!!! COOL! I got my level from this Daily analysis. If a DAILY candle closes above 1.2272 IMO we will be going for the 1.2413 as the next STOP on the EURO train!!! {image} {image} {image} {image}
Highly unlikely to get to 1.2272 right now, if it gets to 1.2251 im selling and keeping it in the weekend
  • #122,467
  • Dec 18, 2020 3:06pm Dec 18, 2020 3:06pm
Quoting fxmasterdxb
{quote} Highly unlikely to get to 1.2272 right now, if it gets to 1.2251 im selling and keeping it in the weekend
Just keep in mind ...

Quoting andvk74
{quote} Can't get any more EXACT than this!!! COOL! I got my level from this Daily analysis. If a DAILY candle closes above 1.2272 IMO we will be going for the 1.2413 as the next STOP on the EURO train!!! {image} {image} {image} {image}

He is talking about an area 1.2272 - 1.22440
LEARN THE ABILITY TO GRAB COINS FROM A HOT FURNACE
  • #122,468
  • Dec 18, 2020 3:07pm Dec 18, 2020 3:07pm
Quoting fxmasterdxb
{quote} Highly unlikely to get to 1.2272 right now, if it gets to 1.2251 im selling and keeping it in the weekend
im watching that level too. But will keep a tight s/l over the weekend in case there is Brexit news
Insane in the Brain..
  • #122,469
  • Dec 18, 2020 3:15pm Dec 18, 2020 3:15pm
Quoting BeeTogether
{quote} im watching that level too. But will keep a tight s/l over the weekend in case there is Brexit news
Confluence of a trend line from the top rejected few times, fib extension 1.618 from last swing low and finally 61.8 fib from the last LH, perfect place to sell technical wise
  • #122,470
  • Dec 18, 2020 3:15pm Dec 18, 2020 3:15pm
Quoting AlphaOmega.
{quote} Just keep in mind ... Quoting andvk74 {quote} Can't get any more EXACT than this!!! COOL! I got my level from this Daily analysis. If a DAILY candle closes above 1.2272 IMO we will be going for the 1.2413 as the next STOP on the EURO train!!! {image} {image} {image} {image} He is talking about an area 1.2272 - 1.22440
Well maybe, im selling if we get to 1.2251, lets see
  • #122,471
  • Dec 18, 2020 3:25pm Dec 18, 2020 3:25pm
Quoting fxmasterdxb
{quote} Highly unlikely to get to 1.2272 right now, if it gets to 1.2251 im selling and keeping it in the weekend
It does NOT have to be today's candle. ANY Daily candle!
  • #122,472
  • Dec 18, 2020 3:30pm Dec 18, 2020 3:30pm
Quoting andvk74
{quote} It does NOT have to be today's candle. ANY Daily candle!
Got it, i thought you were referring to today
  • #122,473
  • Dec 18, 2020 3:32pm Dec 18, 2020 3:32pm
Quoting fxmasterdxb
{quote} Confluence of a trend line from the top rejected few times, fib extension 1.618 from last swing low and finally 61.8 fib from the last LH, perfect place to sell technical wise
Sold at 1.2252, lets see how will Monday turn
  • #122,474
  • Dec 18, 2020 3:33pm Dec 18, 2020 3:33pm
To start the week, I'm waiting to see H1 to close above 1.2263 to enter LONG or H1 to close below 1.2230 to enter SHORT.
Attached Image (click to enlarge)
Click to Enlarge Name: EurUsd H1.png Size: 51 KB
  • #122,475
  • Dec 18, 2020 3:46pm Dec 18, 2020 3:46pm
Quoting fxmasterdxb
{quote} Sold at 1.2252, lets see how will Monday turn
If the current high (1.2273) is broken then i will look for opportunities to buy till 1.2660
  • #122,476
  • Dec 18, 2020 3:50pm Dec 18, 2020 3:50pm
Quoting fxmasterdxb
{quote} Sold at 1.2252, lets see how will Monday turn
very very ugly day close for bears, i take my word back and closing my short
  • #122,477
  • Dec 18, 2020 4:15pm Dec 18, 2020 4:15pm
Quoting fxmasterdxb
{quote} very very ugly day close for bears, i take my word back and closing my short
yeah quite surprised with that. Will keep tight s/l and keep an eye on the pair over the weekend
Insane in the Brain..
  • #122,478
  • Dec 18, 2020 4:16pm Dec 18, 2020 4:16pm
Final Words after Market Close

  1. The last H4 candle of Friday has closed above trend line and will probably open above 1.2252.. If that happens on Monday, I expect price to (maybe) make dips towards 1.2245 area but eventually bounce up! (Showed on H4 chart below)
  2. If sub-wave 4 (red colored numbers) of inner wave 5 has not completed yet: price might drop back below black trend line after a fakey and retest previous lows (40% possibility imho). If so, nearest support that could complete the sub-wave 4 sits at 1.2233 and if momentum is strong maybe a little lower to 1.2199.
    (Showed on Daily chart below)
  3. If sub-wave 4 of inner wave 5 has completed though: price can continue north, towards next target 1.2317/67 zone where I expect the main wave 3 to be finalized.
  4. Nearest resistance bulls still have to deal before any rise sits at 1.2273 which is this week's high!
  5. I think those who get rid of shorts before market close did a wise move..

I hope it helps.. Enjoy your weekends folks

Stay Green

Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD-H4-Status-Update.png Size: 27 KB
Click to Enlarge Name: EURUSD-D-Status-Update.png Size: 38 KB
Focus only on what truly matters!
  • #122,479
  • Edited 5:23pm Dec 18, 2020 4:45pm | Edited 5:23pm
It is sometimes scary how things fit. If we just knew before...
Attached Image (click to enlarge)
Click to Enlarge Name: 0e05019eb24961ee184919b5d9efa96c.png Size: 21 KB

******EDIT*****
Let us zoom in:
Attached Image

Candle 1 marked the high of the trend channel. And it fits EXACTLY between 61.8% and 100%
Candle 2 marked the low of the trend channel. And it fits EXACTLY between 0% and 23.6%
Candle 3 (the last H1 candle of this week) hit EXACTLY the upper limit of the trend channel.

There are more interesting candles to analyze. Looks like the algos did all the work in the evening cause the human (big) traders already head home for christmas...
  • #122,480
  • Dec 18, 2020 6:18pm Dec 18, 2020 6:18pm
I expect 1.2284 as dx has to fill the gap, and then 1.1826. Fundamentals will support this, no stimulus, no brexit deal. Meanwhile technically 1.2284 is the top of wave 5 and dx already has completed wave 5. If you see, dx is moving so that it doesn't make a new low while EU makes a new high. This has always been a bearish sign. I am holding buys from 1.1625 with tp 1.2284 and will sell there with target 1.1826 where the abcd correction will end and bullish trend will resume to 1.3xxx.
Good luck!
262 traders viewing now