EURUSD only | Page 6698 | 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

  • #133,941
  • Jun 3, 2021 1:06pm Jun 3, 2021 1:06pm
London session it would be clear. I want to see assia session will be react. I want to see stochastic react and price. H1 (14-3-3). London session i will add short or bull take over.
.
1.2163 its my key level for bull comming in.
  • #133,942
  • Jun 3, 2021 1:14pm Jun 3, 2021 1:14pm
Attached Image (click to enlarge)
Click to Enlarge Name: 5f437d1f3f308d69a1842f45ce106c07.png Size: 43 KB
The Average Discount Everything
  • #133,943
  • Jun 3, 2021 1:27pm Jun 3, 2021 1:27pm
Expecting at least 50 fib so 1.2164 ish.
Sl 1.2117
Tp 1.2164
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20210603_212612.jpg Size: 415 KB
Even if the morrow is barren of promises, nothing shall forestall my return
  • #133,944
  • Jun 3, 2021 2:06pm Jun 3, 2021 2:06pm
Quoting Ata-Turkoglu
{quote} Long story.. those are my H1 "initial" stops.. later I begin to trade with a 2nd order if things go wrong.. You can ignore if you are not my follower.. Based on classic logic M15 stops can be between 12 to 24 pips.. but 15 pips on average would be enough (even for scalpers).. I hope it clarifies..
got it thanks. Makes perfect sense and guess sort of how I am doing it not even knowing that’s how I’m doing it. And yes I’d say I’m a follower. Way way way lagging in the back of the class but trying to catch up.

edit: added a little more to my long @ 2225 with this “stall” - keeping stop same just a little more of a hit if I’m wrong but hoping we get a pull back up and over my be then decide from there. SL is @ 2110
--post hoc ergo propter hoc--
  • #133,945
  • Jun 3, 2021 2:30pm Jun 3, 2021 2:30pm
Quoting Ata-Turkoglu
Trying a scalper long order here at 1.2120.. Stops must go at least 24 pips or lower..
Closing long-scalper here at 1.2130 with +10 pips... Calling it a day.. Hopefully I continue tomorrow after London.. NFP days are fun can't wait for it.. See yah..
Focus only on what truly matters!
  • #133,946
  • Jun 3, 2021 3:03pm Jun 3, 2021 3:03pm
Attached Image (click to enlarge)
Click to Enlarge Name: EuroMostly.png Size: 959 KB
  • #133,947
  • Jun 3, 2021 3:19pm Jun 3, 2021 3:19pm
Quoting Ata-Turkoglu
{quote} NFP days are fun can't wait for it.. See yah..
Oh snap that’s right...NFP. Awesome and on a morning when it’s coming out I’ll be sitting in kids carpool line for drop off lol.

still holding long @ 2225 and 2240 and seeing what the next 8 hours bring. Ideally would get up into some profits before NFP and report comes in favorable for bullish. Such a whipsaw sometimes stops on either side don’t stand a chance unless a penny away
--post hoc ergo propter hoc--
  • #133,948
  • Jun 3, 2021 4:07pm Jun 3, 2021 4:07pm
Quoting mtako
Starting to buy aggressively now: bought 2120, 2124 . Buy stop + 2129 + 2135. will only exit if were not back above 2160 by end of day.
\

I got confirmed a strong countertrend long about a good hour ago and will see how far it goes before it gets stopped. Am adapting and am therefore not closing any positions after all, for the moment.

Price is facing another correction and it is serious as always, especially now that it is testing longer-term momentum at its core for the first time in over 40 some days.

I am actually excited about this as this could be the proper pullback needed for another rise. Of course, a proper correction could take it all the way down to 2020s and I am also prepared for that. But first... If 2120s break, I will be focusing on 2090s reaction to enter a couple more.

The majority of my longs are in the green with 100+pips profit, and I am still in for the long run. BUT I am expecting its end at any moment. Crucial level for an end I have shared already : 2050s.

Cheers and take good care all,

If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #133,949
  • Jun 3, 2021 4:27pm Jun 3, 2021 4:27pm
Quoting mtako
{quote}\ I got confirmed a strong countertrend long about a good hour ago and will see how far it goes before it gets stopped. Am adapting and am therefore not closing any positions after all, for the moment. Price is facing another correction and it is serious as always, especially now that it is testing longer-term momentum at its core for the first time in over 40 some days. I am actually excited about this as this could be the proper pullback needed for another rise. Of course, a proper correction could take it all the way down to 2020s and...
I highly doubt the institutions will let any form of reaccumulation happen.

It's final testing time, and seeing how easily and repeatedly countertrends got smacked throughout the day ...

Just hold my beer, or taco ^^
  • #133,950
  • Jun 3, 2021 4:35pm Jun 3, 2021 4:35pm
Seems like based on history, Asia will try to take this down below the low, maybe down to 2110 to 2115, then up towards 2150 to 2165 in the Euro session.

We'll see.
  • #133,951
  • Jun 3, 2021 5:00pm Jun 3, 2021 5:00pm
,,,What a magnificent descent today!!
- I will soon register for purchase ,,,
"No pain no gain"
  • #133,952
  • Jun 3, 2021 6:23pm Jun 3, 2021 6:23pm
In the Asian session looking for the price to keep going down. ADP surprise affect sometime last for 24 hours. By this time 1.2100 must have accumulated a lot of orders there.
  • #133,953
  • Jun 3, 2021 6:57pm Jun 3, 2021 6:57pm
f you look at the condition of the price movement on Thursday, the price should have gone down .... but the market is waiting for today's NFP release ...... yesterday ... the price movement has reached the daily target, then this morning the price may be corrected, possibly correction can reach the daily pivot today
The Average Discount Everything
  • #133,954
  • Edited 8:37pm Jun 3, 2021 7:03pm | Edited 8:37pm
Quoting hesron
f you look at the condition of the price movement on Thursday, the price should have gone down .... but the market is waiting for today's NFP release ...... yesterday ... the price movement has reached the daily target, then this morning the price may be corrected, possibly correction can reach the daily pivot today
That might start happening when London opens right now this news is new to lot of people who are waking up or I can be completely wrong. But in no way I said anything in my post that should bring out these raw emotions
  • #133,955
  • Jun 3, 2021 7:25pm Jun 3, 2021 7:25pm
Quoting JBRolim
,,,What a magnificent descent today!! - I will soon register for purchase ,,,
- I just bought it now ,,, M5
"No pain no gain"
  • #133,956
  • Edited 8:50pm Jun 3, 2021 7:36pm | Edited 8:50pm
Attached Image (click to enlarge)
Click to Enlarge Name: c7460ef2d3effbe8514700e6c91e0fe5.png Size: 24 KB
Attached Image (click to enlarge)
Click to Enlarge Name: dbc11847e7fd8e9cf27a9dc4c660aa12.png Size: 40 KB
if market make shakeout (price staying above shakeout level until NFP coming), it means have drama soon in NFP
Attached Image (click to enlarge)
Click to Enlarge Name: 83e4a727d45d754b909a0cbd25d9ba4c.png Size: 31 KB
http://www.bkassetmanagement.com/featured/dollar-soars-as-traders-position-for-nfps_15349
Attached Image (click to enlarge)
Click to Enlarge Name: 225fa7ca121fbbe1bbe16875c3f83719.png Size: 88 KB
I'm sorry if it's too long
Attached Image (click to enlarge)
Click to Enlarge Name: 043c5265acd359a3ba3faf129c6f0a05.png Size: 241 KB
The Average Discount Everything
  • #133,957
  • Jun 3, 2021 8:26pm Jun 3, 2021 8:26pm
Quoting hesron
{image}{image}if market make shakeout (price staying above shakeout level until NFP coming), it means have drama soon in NFP {image}http://www.bkassetmanagement.com/fea...for-nfps_15349 {image}3955999
At your your SHAKEOUT LEVEL the people who went long there most likely put stops under 1.2100 and that makes me think the price will be attracted to that level. I can be wrong but that is my view. Thanks again for analyzing the charts perfectly.
  • #133,958
  • Jun 3, 2021 9:16pm Jun 3, 2021 9:16pm
Quoting hesron
{image}{image}if market make shakeout (price staying above shakeout level until NFP coming), it means have drama soon in NFP {image}http://www.bkassetmanagement.com/fea...for-nfps_15349 {image}I'm sorry if it's too long {image}
I am going to share something I realized over my trading journey and you might listen to it or completely ignore it. You have so many indicators on the chart. On the same chart, what is the most authentic indicator on the chart? It is price, everything else was derived from the price. By adding each indicator you add another smoke screen in front of your eyes and mind. It make your lose sight of what price is doing, as it is the most pure, genuine and authentic information coming to you. The price tells you where the trade took place in the market simple and to the point. Most of these indicators take price info manipulate it (by adding, subtracting, multiplying and dividing) then print very nice organized info but it is secondary information. Why make your trading decision on secondary information. That is why price is king. Hope I am making sense.
  • #133,959
  • Jun 3, 2021 10:25pm Jun 3, 2021 10:25pm
Quoting yogii291
{quote} I am going to share something I realized over my trading journey and you might listen to it or completely ignore it. You have so many indicators on the chart. On the same chart, what is the most authentic indicator on the chart? It is price, everything else was derived from the price. By adding each indicator you add another smoke screen in front of your eyes and mind. It make your lose sight of what price is doing, as it is the most pure, genuine and authentic information coming to you. The price tells you where the trade took place in...
Statement like this is half & half for me. agree & disagree.
Flashback to school time, i can't study unless in complete silent while others can't without music.
And both side can't figure it out how the other did it. Like studying with music... How could i concentrate ?
Same goes for chart. One like it clean, the other like colors. As long as it works & fit their trading style & persona
We know some (including me) can't admit when they're wrong to cut loses (they know but still can't accept it).
I figure some need indicator to convince them that the price really is against them and they need to close
since they don't know/can't accept when to close and/or where. Nobody like losing trade.
If you scroll up you will find some members had set SL but they still can't decide to cut it early or let it hit
(please guys same with me here, so don't be offended. just to give example)

I was once using so many indicators too but now i find my self comfortable relying solely on fibs. For me it's more precise.
Like this clean chart below. we might have difficulties to figure out why price stop there?
But when you draw fib. at red box, you'll find it's extension sitting exactly where it bounce.
Good stuff for TP or scalping bounce. Specially if you're not full time like me & try to find trade when ever possible in between job.

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 15 KB



Back to EU. Start to look bearish to me with possible target below. If it go back above 1.2185 it will look bad for bear
I trade both side. again when ever possible, so don't listen to me about direction.

Attached Image (click to enlarge)
Click to Enlarge Name: a.png Size: 21 KB
Don't mind me.. i'm crazy
  • #133,960
  • Edited Jun 4, 2021 12:40am Jun 3, 2021 11:08pm | Edited Jun 4, 2021 12:40am
Quoting yogii291
{quote} I am going to share something I realized over my trading journey and you might listen to it or completely ignore it. You have so many indicators on the chart. On the same chart, what is the most authentic indicator on the chart? It is price, everything else was derived from the price. By adding each indicator you add another smoke screen in front of your eyes and mind. It make your lose sight of what price is doing, as it is the most pure, genuine and authentic information coming to you. The price tells you where the trade took place in...
even I post with much indicator, actually, I make analized chart with naked chart, but I don't believe price .... because 80% price is FORMED BY manipulated
Attached Image (click to enlarge)
Click to Enlarge Name: 3dc043ded3e07bc7866aa1ac6f0295c9.png Size: 42 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 5fd2b63b90325f7bfea915d8b5e61c96.png Size: 173 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 0d1c27823e44b03444fa58566f5ccd99.png Size: 86 KB
The Average Discount Everything
240 traders viewing now, 4 are registered:
anarchist4
,
Fishbones
,
Padima
,
Ata-Turkoglu