EURUSD only | Page 6380 | 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

  • #127,581
  • Feb 26, 2021 10:39am Feb 26, 2021 10:39am
Quoting Kyuu
{quote} My strategy tells me that we're about to be in for a massive bear market long term. This week was the most important week for bulls to recontinue. This sudden drop changed everything both short and long term. I believe we will drop to 1.15 now before having a chance to go back up assuming next weeks candlestick closes below 1.2
if price can reach 1.15 ..... that is means EU will be back to parity level .... but too early to predict like that .... now market will be sideways to the end of this closed market weekly
The Average Discount Everything
  • #127,582
  • Feb 26, 2021 10:42am Feb 26, 2021 10:42am
Hahaha I still remember Ata saying Bullish my Ass. So I assume it will continue for months. From next week I just sell on retracement, because my strategy is always Grid Martingale following trend.
Biggest Mistake ? Over Leverage
  • #127,583
  • Feb 26, 2021 10:44am Feb 26, 2021 10:44am
Quoting Ata-Turkoglu
M15 example of most recent aggressive entries only.. (max. draw down would have been 33 pips) {image}
hi Ata, where to get your previous posts of drawing those lines?
thanks in advanced
  • #127,584
  • Feb 26, 2021 10:47am Feb 26, 2021 10:47am
Quoting fxmfarmer
{quote} hi Ata, where to get your previous posts of drawing those lines? thanks in advanced
There is a Thread especially for that , look for Trading system forum and search for Effortless Trading Explained + FAQ.or use search bar and type Ata Effortless trading.
Biggest Mistake ? Over Leverage
  • #127,585
  • Feb 26, 2021 10:47am Feb 26, 2021 10:47am
Quoting newbegger
{quote} A little more hopeful now as Eurozone struggling more than USA with SARS-2 issues (fundamental). {image}The chart shows a long tail on Friday and it may be pointing the way (down), or, showing that buyers are in control (up). I am still holding small short from 1.2077 and never added to this position.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 63 KB


Was on holiday since Feb 14. Managed to get out of shorts for 10 pip GAIN (wow) and much better than a loss. I did have a small long trade on and looking at it today I missed a big profit yesterday. I was travelling so not paying attention to markets. Still holding long and I plan to add to position very soon as the Friday profit taking has driven price down.

Happy Trades to you/.
Ecclesiastes 1:9
  • #127,586
  • Feb 26, 2021 10:48am Feb 26, 2021 10:48am
Quoting hesron
{quote} if price can reach 1.15 ..... that is means EU will be back to parity level .... but too early to predict like that .... now market will be sideways to the end of this closed market weekly
I wouldn't say it's too early to predict like that. This is a weekly chart. We couldn't break above 1.23 which was an important horizontal level (it goes further back, but it's important). Next, for 3 weeks we failed to close below my horizontal line 2 at 1.204.

IF we manage to close below that horizontal level, we will most likely see a fall off like what happened from 4/14 - 5/18 2018 back down to 1.15. 1.18 is the first horizontal level for me that's important, but it doesn't make sense visually to see price hit there and fly up to make new highs. Regardless, I'm very bearish now.
Attached Image (click to enlarge)
Click to Enlarge Name: dae8cd4172e3022dd9605189b0c226a5.png Size: 119 KB
  • #127,587
  • Feb 26, 2021 10:58am Feb 26, 2021 10:58am
Quoting sing2x
{quote} There is a Thread especially for that , look for Trading system forum and search for Effortless Trading Explained + FAQ.or use search bar and type Ata Effortless trading.
Sighs... no need for all that trouble buddy.. Just send people to page 1 of this thread.. I already put a link in post 1..
Focus only on what truly matters!
  • #127,588
  • Feb 26, 2021 11:09am Feb 26, 2021 11:09am
Hi bros,
This is my new thread in non-commercial area.
https://www.forexfactory.com/thread/...9#post13429759
  • #127,589
  • Feb 26, 2021 11:09am Feb 26, 2021 11:09am
Quoting sing2x
Hahaha I still remember Ata saying Bullish my Ass. So I assume it will continue for months. From next week I just sell on retracement, because my strategy is always Grid Martingale following trend.
This is nothing yet... Hardcore bear fun can begin once/if price drops below 1.1950.. However, for now arriving at such levels requires a lot of patience! Cheers
Focus only on what truly matters!
  • #127,590
  • Feb 26, 2021 11:40am Feb 26, 2021 11:40am
Attached Image (click to enlarge)
Click to Enlarge Name: f073313479cccd6a1c0a8eb62e5df427.png Size: 47 KB
  • #127,591
  • Feb 26, 2021 12:07pm Feb 26, 2021 12:07pm
Quoting Wavegarrick
{quote} Hi Guys, As per my post yesterday. Usdx touched my 61.8% fib extension and I entered my sell trade. Like clockwork Eu turned and I am in for a possible cyclic correction to the downside. 1.21000 could offer support, nevertheless, I will enter trades on retraces in the direction of my cycle. Have a great week. Cheers. {image} {image}
Hi guys,
It has been a tough couple of weeks with Eu and lots of consolidation. I have homed out to the daily timeframe and shorts might not be such a bad proposition after all.
Trade safe
Cheers.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1009.png Size: 96 KB
Trade to trade another day
  • #127,592
  • Feb 26, 2021 1:37pm Feb 26, 2021 1:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: a3cc0dbd4873ecea49b7482d2a2a37c6.png Size: 60 KB
testing hourly trendline but not yet broken on friday and last day of the month
Trends have a higher probability of continuing than not.
  • #127,593
  • Feb 26, 2021 2:26pm Feb 26, 2021 2:26pm
I was both long and short this week.

#1
22/2 long entry
open 1.21178
23/2/ closed order
closed 1.21437
pips = 0.00259 ~25.9pips

#2
25/2 long entry
open 1.21774
25/2 closed order
pips = 0.00103 ~ 10.3 pips
total long pips = 25.9 + 10.3 = 36.2 pips

#3 ~ still opened
26/2 short entry
open 1.21521
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd 25.1.21 sell.png Size: 77 KB
Click to Enlarge Name: eurusd 26.2.21 closed.png Size: 90 KB
Click to Enlarge Name: eurusd 22.2.21 buy.png Size: 92 KB
Click to Enlarge Name: eurusd 23.2.21 closed.png Size: 89 KB
Click to Enlarge Name: eurusd 26.2.21 sell.png Size: 92 KB
  • #127,594
  • Feb 26, 2021 5:41pm Feb 26, 2021 5:41pm
Preparacion II.
  • #127,595
  • Edited 8:40pm Feb 26, 2021 8:29pm | Edited 8:40pm
IMO: Monday critical for long. In my opinion Next Week price going to 1.2179 for maximum. Its make B. Before full falling again. 1-2-3-4-5- its complate and making a-b-c with minimum 50% fibonacci retracement. Seller need a rest. Its correlation about final GDP for Euro in 9 march seller need higher price than now. In this case in my rule if we touch 78% or more or bellow 23-38% fibonacci its making wave A for impulse. But if price touch 38-61.8% fibonacci from lattest wave its making wave A for correction.

1-2-3-4-5 complated showing at tf 5 minute in 1 hours or more its hidden wave.
  • #127,596
  • Feb 27, 2021 12:18am Feb 27, 2021 12:18am
Quoting macdulio
Preparacion II.
Another day, another dollar.
  • #127,597
  • Edited 5:21am Feb 27, 2021 1:21am | Edited 5:21am
TF H4

Im not perfect counting elliot wave but maybe it can help us.

Wave 3-5 Use Fibo extention
Wave 2-4 use fibo Retracement

Attached Image (click to enlarge)
Click to Enlarge Name: 4b5ef49272a323b7725bc514e7581ceb.png Size: 54 KB

TF Weekly
Attached Image (click to enlarge)
Click to Enlarge Name: 9d0e2f43b394be1e4278c821b8c192ee.png Size: 61 KB
  • #127,598
  • Feb 27, 2021 4:38am Feb 27, 2021 4:38am
House passed $1.9 trn stimulus. Will be interesting to see how the market trades it.
Another day, another dollar.
  • #127,599
  • Feb 27, 2021 6:48am Feb 27, 2021 6:48am
Quoting nic9man
House passed $1.9 trn stimulus. Will be interesting to see how the market trades it.
Could yesterday's drop be due to market anticipation of the bill being passed?
  • #127,600
  • Feb 27, 2021 6:55am Feb 27, 2021 6:55am
H1 Status Update

Bears are leading for now.. I rinse and repeat selling upswings.. Chart shows only aggressive sell levels.. Max. draw down for most recent entries would be 20 pips.. Nearest aggressive sell level sits at: 1.2082 (With a potential 20 pips max. draw down in mind we could assume that any new upswings should end around 1.2102 area.. If not it could be seen as an early warning for a trend change!)

Enjoy your weekends folks
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1-Status-Update.png Size: 29 KB
Focus only on what truly matters!
418 traders viewing now, 4 are registered:
,
BorderBreake
,
fmtrad3r
,
7819AjB