EURUSD | Page 59515 | 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

  • #1,190,281
  • Feb 3, 2021 3:11am Feb 3, 2021 3:11am
Here are the prediction results in 5 min chart. 2 minor tops and 2 significant bottoms. The method works in every time frame.
Attached Image (click to enlarge)
Click to Enlarge Name: 5 min predictions.PNG Size: 33 KB
  • #1,190,282
  • Feb 3, 2021 3:15am Feb 3, 2021 3:15am
Quoting Matts Micro
First trade of the day. Sell on the "C" of the ABCD potential to the downside (dark green TL). The rotation candle took PA down to the 38.1% fib which sucked but may add to trade on a higher price. {image}
TS +18 pips
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 159.png Size: 53 KB
As the lights go by so too do the shadows move
  • #1,190,283
  • Feb 3, 2021 3:20am Feb 3, 2021 3:20am
Today is not my best trading day.

On the sidelines for a few hours...

EDIT: The fall is not complete. The pair is going up too fast to get the suckers in!!!
  • #1,190,284
  • Feb 3, 2021 3:41am Feb 3, 2021 3:41am
Attached Image (click to enlarge)
Click to Enlarge Name: 01f3bdc9ecbdebf5390e5fa23db837b5.png Size: 214 KB

Lowered SL to 1.20435

  • #1,190,285
  • Feb 3, 2021 3:43am Feb 3, 2021 3:43am
The black dash vertical lines are UDITHAG's signals.
  • #1,190,286
  • Feb 3, 2021 3:55am Feb 3, 2021 3:55am
Trend changing so fast.. 2033 if cross again,another pull back can be expected...which can break todays high too..
Else 1983 on the cards i guess
  • #1,190,287
  • Feb 3, 2021 4:13am Feb 3, 2021 4:13am
Saw a potential Gartley forming on the 244Tick chart so scaled back to 89T to see if I could trade.

Entered aggressive C buy into the Gartley (ABCD).
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 160.png Size: 64 KB
As the lights go by so too do the shadows move
  • #1,190,288
  • Feb 3, 2021 4:25am Feb 3, 2021 4:25am
Quoting Matts Micro
Saw a potential Gartley forming on the 244Tick chart so scaled back to 89T to see if I could trade. Entered aggressive C buy into the Gartley (ABCD). {image}

I would be very very careful with buys today. Why ? Because there is a real chance that we did not see the low of the day yet.
  • #1,190,289
  • Feb 3, 2021 4:42am Feb 3, 2021 4:42am
Quoting NrSLionHeart
{quote} I would be very very careful with buys today. Why ? Because there is a real chance that we did not see the low of the day yet.
How much is that chance? I am selling yet.
Looking for profitable short term trades ...|
  • #1,190,290
  • Feb 3, 2021 5:00am Feb 3, 2021 5:00am
Quoting Js3mwtRc
{quote} How much is that chance? I am selling yet.

There are 2 trendlines.

The higher one is the 15 mins chart trendline and the lower one is 5 mins trendlines.

Remember that the market tends to revert back to the mean, and the mean is moving all the time.

As long as we are below those trendlines I would not touch a buy. Even if we are a little bit above them I would still not buy because it may revert back to the mean, go below the trendline and ....
Attached Image (click to enlarge)
Click to Enlarge Name: 3Feb.jpg Size: 262 KB
  • #1,190,291
  • Feb 3, 2021 5:04am Feb 3, 2021 5:04am
Quoting NrSLionHeart
{quote} There are 2 trendlines. The higher one is the 15 mins chart trendline and the lower one is 5 mins trendlines. Remember that the market tends to revert back to the mean, and the mean is moving all the time. As long as we are below those trendlines I would not touch a buy. Even if we are a little bit above them I would still not buy because it may revert back to the mean, go below the trendline and .... {image}
Think about buy only if 2034 bid comes.
  • #1,190,292
  • Feb 3, 2021 5:04am Feb 3, 2021 5:04am
Quoting NrSLionHeart
{quote} I would be very very careful with buys today. Why ? Because there is a real chance that we did not see the low of the day yet.
Hi NrSLionHeart the C buy was into an expected bearish Gartley. So agree, we should go lower.
As the lights go by so too do the shadows move
  • #1,190,293
  • Feb 3, 2021 5:11am Feb 3, 2021 5:11am
Also, look at the image I attached.

There is a new algo in town. See how the price behaves for like 30 minutes. These moves are 100% controlled by an algo to confuse the EAs that you might have because they give one minute a direction and the next minute another direction. Lost a shitton of money in these 30 minutes.

Now I try to figure out how to beat that
Attached Image (click to enlarge)
Click to Enlarge Name: 3 feb new algo.jpg Size: 205 KB
  • #1,190,294
  • Feb 3, 2021 5:12am Feb 3, 2021 5:12am
A risky buy 2023 for quick scalping
  • #1,190,295
  • Feb 3, 2021 5:13am Feb 3, 2021 5:13am
And last post: if the price goes above 1.20280 we all should consider at least a scalp buy.
  • #1,190,296
  • Feb 3, 2021 5:17am Feb 3, 2021 5:17am
Or look at this.

If you are to calculate the mean price for that period it would be a straight line. Basically the price bounced from one part to the other of a fixed price. This is not natural at all!!

Lots of odd stuff this morning...
Attached Image (click to enlarge)
Click to Enlarge Name: 3 Feb algo 2.jpg Size: 221 KB
  • #1,190,297
  • Feb 3, 2021 5:23am Feb 3, 2021 5:23am
I promise this is the last one.

For all the buyers out there:
Attached Image (click to enlarge)
Click to Enlarge Name: 3 feb last one.jpg Size: 253 KB
  • #1,190,298
  • Feb 3, 2021 5:26am Feb 3, 2021 5:26am
Quoting NrSLionHeart
Or look at this. If you are to calculate the mean price for that period it would be a straight line. Basically the price bounced from one part to the other of a fixed price. This is not natural at all!! Lots of odd stuff this morning... {image}
There is a lot of bearish pressure and I also see some profit taking from sellers who sold at higher levels targeting that area (2011). Just open a weekly chart if, you havent yet and you will see.
Looking for profitable short term trades ...|
  • #1,190,299
  • Feb 3, 2021 5:28am Feb 3, 2021 5:28am
Quoting Matts Micro
Saw a potential Gartley forming on the 244Tick chart so scaled back to 89T to see if I could trade. Entered aggressive C buy into the Gartley (ABCD). {image}
So update on this. The "C" buy was invalidated by a drop below the 78.6% fib. PA has come up above my buy level and am now in a BE.
As the lights go by so too do the shadows move
  • #1,190,300
  • Feb 3, 2021 5:28am Feb 3, 2021 5:28am
Quoting Js3mwtRc
{quote} There is a lot of bearish pressure and I also see some profit taking from sellers who sold at higher levels targeting that area (2011). Just open a weekly chart if, you havent yet and you will see.

I understand. I am talking about the 1 min price action.

Somewhere there are some moves that need to be made and there is an algo that makes everything to confuse everyone about the direction to take. Again, that particular move should have never occured. Of course there is always a chance that it is a coincidence but for something like that to happen, the chance is very very small.
265 traders viewing now