EURUSD only | Page 6477 | 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

  • #129,521
  • Mar 31, 2021 11:20am Mar 31, 2021 11:20am
The move has been tracking well according to my EW counts. https://www.tradingview.com/x/zVXf0pdw/

Wave (iii) of 3rd hit the 1.382 ext and my primary view is for a pullback to ivth of 3rd at the region of 0.764 ext (1.193) territory.

Thereafter, we should get the vth of 3rd to complete at 1.764 ext (1.1550) region.

I will be looking to short the ivth to vth of the 3rd which should provide a great RR as SL would be placed above Wave 1.
  • #129,522
  • Mar 31, 2021 1:59pm Mar 31, 2021 1:59pm
As it turns out, this bottoming thing is not done easily and can take a couple days. However, the Asian session could already decide. I was amazed at the sudden & brutal rise of the price in the morning. The big guys meant to put an end to this graceless price drop, and it means something for certain... Good night everyone!
  • #129,523
  • Mar 31, 2021 2:50pm Mar 31, 2021 2:50pm
Another LH, will we get a LL again?
  • #129,524
  • Mar 31, 2021 2:52pm Mar 31, 2021 2:52pm
Quoting mysterio
Well we have some good momentum from here and I regretted not holding for longer the last time I took a trade from a strong daily demand area so I'm going to hold to at least 1.18, possibly a bit further. If we get there obviously. https://www.tradingview.com/x/WpPT2ihl/
Oh well- now I remember why I scalp and don't hold positions all day. Let's see if the prez can save this position
  • #129,525
  • Mar 31, 2021 4:06pm Mar 31, 2021 4:06pm
Daily Long Target 2: 1.17904
Daily Long Target 1: 1.17787

Daily Short Target 1: 1.16852
Daily Short Target 2: 1.16735
  • #129,526
  • Mar 31, 2021 4:43pm Mar 31, 2021 4:43pm
Possible head and shoulders pattern on 15 mins and 1hr

I have a sell limit @ 1.17449
Sl 50 pips
Tp @ 1.16892

Godspeed bears and happy new month to y'all
Risk comes from not knowing what to do
  • #129,527
  • Mar 31, 2021 4:53pm Mar 31, 2021 4:53pm
Quoting yvestrcz
As it turns out, this bottoming thing is not done easily and can take a couple days. However, the Asian session could already decide. I was amazed at the sudden & brutal rise of the price in the morning. The big guys meant to put an end to this graceless price drop, and it means something for certain... Good night everyone!
Yeah same here. I went to bed last night when the price was around 1710 and left both my shorts open, thinking it'll continue further down. I woke up this morning and was shocked by the heavy London buying. My profit was cut in half, but luckily wasn't stopped out. One went red briefly but kept both running and closed one out this afternoon for 75% of what it was worth 24 hours ago. Holding the other for sub-1700. May add another depending on what happens tonight. I still believe that 1650ish is in play, despite today's buying. DX is also starting to look (a little) bullish on the 4H.

Let's see what Tokyo does.
  • #129,528
  • Mar 31, 2021 5:47pm Mar 31, 2021 5:47pm
Quoting Godzilla
price felll welll short of what was needed for bulls. 1765-75. wave looks flat and a near impossibility. close below 1715 and im short bias again. increasing my long stops to 1705
closing my longs @1720 for +3. Short @ 1730 targetting 16XX
  • #129,529
  • Mar 31, 2021 6:53pm Mar 31, 2021 6:53pm
Video monthly
  • #129,530
  • Mar 31, 2021 10:24pm Mar 31, 2021 10:24pm
Touched my sl @ BE
  • #129,531
  • Mar 31, 2021 11:21pm Mar 31, 2021 11:21pm
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 30 KB
Hope is arrival
  • #129,532
  • Apr 1, 2021 12:04am Apr 1, 2021 12:04am
Quoting Austyno
Possible head and shoulders pattern on 15 mins and 1hr I have a sell limit @ 1.17449 Sl 50 pips Tp @ 1.16892 Godspeed bears and happy new month to y'all
Yes, the bull trap has attracted enough money again I guess, and it would be no surprise if the pair resumes the bearish trend. I am staying aside for the day today (unless the downtrend resumes by breaking below 1.17 which may or may not happen today).

To all of you who care, have a great Good Friday tomorrow & happy Easter holidays!
  • #129,533
  • Apr 1, 2021 12:24am Apr 1, 2021 12:24am
It just bounced off on S1 on M15
Attached Image (click to enlarge)
Click to Enlarge Name: bd95578832efda54c646f5e087cf259e.png Size: 10 KB
  • #129,534
  • Edited 2:28am Apr 1, 2021 2:02am | Edited 2:28am
Hello team,

Maddeningly I got stopped out BE after it going 40 pips in my favour. No point complaining it's just what this pair does and I should have TP'd at top. Luckily I was watching the 1h demand created at yesterdays LO and bought the breakout of a mini channel on 5m and got in long at 1.1719 this time. Let's see where we go
  • #129,535
  • Apr 1, 2021 2:08am Apr 1, 2021 2:08am
Updated S/R Levels for Thursday and Friday

  1. NFP anxiety is in play: 1.1725 area still acts as resistance level for now and causes still stand like a balance effect..
  2. Will there be a rise into yellow area is still the big question..
  3. If bears win this round after NFP, a drop to 1.1658/76 zone could be anticipated..
  4. If bulls can keep price above 1.1725, we could see a rally towards 1.1806/24 area..

Time will tell.. I hope it helps

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-D-SR.png Size: 22 KB
Focus only on what truly matters!
  • #129,536
  • Apr 1, 2021 2:51am Apr 1, 2021 2:51am
Quoting pipfarm
{quote} Support and resistance are formed within the current intraday trend or swings or for a reversal from the prior swing or intraday trend {image}

So as we see the support level from the hourly became resistance yesterday and once broken has now been retested as per the chart in the quoted post, joining the tops of swing points with trend lines are not support and resistance , apples are apples and oranges are oranges there are no two ways around it.


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 47 KB
Follow The Markets Structure - Patience and Discipline
  • #129,537
  • Apr 1, 2021 2:52am Apr 1, 2021 2:52am
H4
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.aH4x.png Size: 80 KB
  • #129,538
  • Apr 1, 2021 3:20am Apr 1, 2021 3:20am
short 1.1740 for 1.1730 as 1.1730 is daily pivot and usa close was 1.1726
Trends have a higher probability of continuing than not.
  • #129,539
  • Apr 1, 2021 3:26am Apr 1, 2021 3:26am
Quoting pipfarm
{quote} So as we see the support level from the hourly became resistance yesterday and once broken has now been retested as per the chart in the quoted post, joining the tops of swing points with trend lines are not support and resistance , apples are apples and oranges are oranges there are no two ways around it. {image}
Says who?
Focus only on what truly matters!
  • #129,540
  • Apr 1, 2021 3:31am Apr 1, 2021 3:31am
Quoting aidinkhan
{image}
Only the ones publicated just after 7.0 AM CET have a high value, later on the day less or no value.
Take care of publicating these graphs, they have copyright.
Trends have a higher probability of continuing than not.
219 traders viewing now, 4 are registered:
FXsabre
,
tehboy
,
edboy
,
Clavinsfx