EURUSD Club - Get Your Trend Right | Page 29 | Forex Factory

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EURUSD Club - Get Your Trend Right

  • #561
  • Jan 14, 2021 11:22pm Jan 14, 2021 11:22pm
I need to go to bed, but I would like to get a position for the bull run in London session. But the bears might push the price down a little bit first. I just don't know how far down. But downside is limited due to upbeat risk-on bias stemming from Biden's stimulus plan and Powell's speech.
So, I entered 1 long at 1.215. 2 more long limit orders at 1.2138 & 1.2125. TP = 1.22
Let's hope I wake up to green pips.
You cannot fail if you never give up.
  • #562
  • Edited 1:07am Jan 15, 2021 12:33am | Edited 1:07am
Quoting 7154Superman
I need to go to bed, but I would like to get a position for the bull run in London session. But the bears might push the price down a little bit first. I just don't know how far down. But downside is limited due to upbeat risk-on bias stemming from Biden's stimulus plan and Powell's speech. So, I entered 1 long at 1.215. 2 more long limit orders at 1.2138 & 1.2125. TP = 1.22 Let's hope I wake up to green pips.
i just opened short position 1.2135 & 1.2140 & 1.2141 with TP : 1.2080.also will add more if it goes higher.
not mean to fight against you, but i think today, DXY will make a new high.
  • #563
  • Jan 15, 2021 1:13am Jan 15, 2021 1:13am
Quoting 7154Superman
{quote} Bears finally pushed through. Closed my shorts at 1.21453. Bulls looking anxious to get in for the ride up to 1.22. I'm just thankful I could get out with a few green pips. Will wait until London/New York session for next development. See ya then.
Closed at 2140 with 3 profit shorts and 1 at BE
  • #564
  • Jan 15, 2021 4:52am Jan 15, 2021 4:52am
Attached Image (click to enlarge)
Click to Enlarge Name: 15 wedge.PNG Size: 28 KB

... this one was perfecto to the half pip ............... like a spear into a fish that needs frying.........
  • #565
  • Jan 15, 2021 5:01am Jan 15, 2021 5:01am
Thats a very sharp entry, or did you already take this position just before the london open?
  • #566
  • Edited 6:18am Jan 15, 2021 5:04am | Edited 6:18am
i put a limit order about 10-15 min before entry..... based on pure PA.............
... the only tool that gives sharp entries is Fib in my opinion....... leads rather than lags..................
  • #567
  • Jan 15, 2021 5:13am Jan 15, 2021 5:13am
........ long opportunities can be looked for on further price movement downwards and downward spikes............use confirmation...........
  • #568
  • Jan 15, 2021 6:24am Jan 15, 2021 6:24am
........ buy probability zone ...... use confirmation.....
  • #569
  • Jan 15, 2021 6:40am Jan 15, 2021 6:40am
Quoting wmctrader
Thats a very sharp entry, or did you already take this position just before the london open?
... is this yr main account.....
  • #570
  • Jan 15, 2021 6:48am Jan 15, 2021 6:48am
Many seems keeping bullish view. But as per the bigger picture euro can fall beyond we imagine i fear from next week onwards..
  • #571
  • Jan 15, 2021 7:10am Jan 15, 2021 7:10am
.... price moves in retracements & on different scales on different TFs .................. thats where trading opportunities lie............ this is particularly good with eurusd ...... hence better for trading ........than many others.....
  • #572
  • Edited 7:29am Jan 15, 2021 7:16am | Edited 7:29am
.... descending wedge on H4/H1 scale developing .................
....good for scalping whilst this is happening.............
  • #573
  • Jan 15, 2021 7:25am Jan 15, 2021 7:25am
Quoting klm1011
{quote} ... is this yr main account.....
You mean my FF account? Yes, it is, but i wasnt very active sofar.
  • #574
  • Jan 15, 2021 7:38am Jan 15, 2021 7:38am
Quoting klm1011
........ buy probability zone ...... use confirmation.....
Attached Image (click to enlarge)
Click to Enlarge Name: 15 wedge.PNG Size: 27 KB
  • #575
  • Jan 15, 2021 7:42am Jan 15, 2021 7:42am
...... will be looking for shorting higher up ...............
  • #576
  • Jan 15, 2021 8:14am Jan 15, 2021 8:14am
.........looking for buy again...............use confirmation..........
  • #577
  • Jan 15, 2021 8:45am Jan 15, 2021 8:45am
...... its a yoyo .... with downward bias.....
  • #578
  • Jan 15, 2021 9:09am Jan 15, 2021 9:09am
.... price on a critical level.....
  • #579
  • Jan 15, 2021 9:12am Jan 15, 2021 9:12am
Quoting hans91
{quote} i just opened short position 1.2135 & 1.2140 & 1.2141 with TP : 1.2080.also will add more if it goes higher. not mean to fight against you, but i think today, DXY will make a new high.
Close all at 1.2085..
  • #580
  • Jan 15, 2021 9:30am Jan 15, 2021 9:30am
Quoting hans91
{quote} Close all at 1.2085..
Good job!
You cannot fail if you never give up.
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