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Trading EURUSD only 43,756 replies

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EURUSD only

  • #135,081
  • Jun 17, 2021 2:40am Jun 17, 2021 2:40am
Quoting yvestrcz
{quote} Sure, sounds like a good plan. Only if he can afford it in terms lot size vs account balance, of course. Other than that, I am starting to suspect we can see 1.190x today if this mighty selling pressure prevails.
luckily I wasn't using a big lot trade on the way up so I could afford a bigger sell entry. Thanks yvestrcz
Even if the morrow is barren of promises, nothing shall forestall my return
  • #135,082
  • Jun 17, 2021 2:52am Jun 17, 2021 2:52am
All roads lead to Rome and i can know it as..................

Attached Image
Trends have a higher probability of continuing than not.
  • #135,083
  • Jun 17, 2021 2:59am Jun 17, 2021 2:59am
Testing.. small buy limit 1.1915 aiming re-test 1.20 if possible. Will close if cant penetrate 1.1951
Hard stop few pips below 1.1856 or daily close below entry.. Well that's very specific
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Don't mind me.. i'm crazy
  • #135,084
  • Jun 17, 2021 3:08am Jun 17, 2021 3:08am
Quoting hesron
...but you guys here seem to want to defend the euro,... you
I noticed that you seem to be a good philosopher. In difficult times, we need them. I appreciate this.
And now, where will the price go?
I sold, following a strong trend, and the price took the opposite. )
  • #135,085
  • Jun 17, 2021 3:16am Jun 17, 2021 3:16am
Quoting ioan949
{quote} I noticed that you seem to be a good philosopher. In difficult times, we need them. I appreciate this. And now, where will the price go? I sold, following a strong trend, and the price took the opposite. )
up to you bro ...... I don't care about you either
The Average Discount Everything
  • #135,086
  • Jun 17, 2021 3:28am Jun 17, 2021 3:28am
Quoting ioan949
{quote} I noticed that you seem to be a good philosopher. In difficult times, we need them. I appreciate this. And now, where will the price go? I sold, following a strong trend, and the price took the opposite. )
There is still almost 2/3 of retail traders keeping long positions. Far too many. This would indicate that bears will take it lower today yet.
This 1.1942 pause is temporary IMHO. Time will tell, though.
  • #135,087
  • Jun 17, 2021 3:28am Jun 17, 2021 3:28am
I have a sell order running opened at 1.1986 and waiting for progress.. Stop is at break even.. My 1.1977 level didn't show any reaction, so I ignore it.. Stay short folks and rinse repeat selling pullbacks. Cheers
Focus only on what truly matters!
  • #135,088
  • Jun 17, 2021 3:41am Jun 17, 2021 3:41am
Quoting Ata-Turkoglu
I have a sell order running opened at 1.1986 and waiting for progress.. Stop is at break even.. My 1.1977 level didn't show any reaction, so I ignore it.. Stay short folks and rinse repeat selling pullbacks. Cheers
What is your big picture for long term

thanks
  • #135,089
  • Jun 17, 2021 3:42am Jun 17, 2021 3:42am
Meanwhile on M15..

Here are all the rinse and repeat sell opportunities one could have.. I took some of them.. Already recovered my loss.. Day is long and let's see how deep it goes..

*No MACD cross yet so no reason to close sell orders..
**For me 1.1920/30 area looks good to close all shorts..
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #135,090
  • Jun 17, 2021 3:57am Jun 17, 2021 3:57am
1.1927 - 1.1936 should provide support. It could take it back to 1.1950.

I shared these charts on last weekend. See the difference.
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  • #135,091
  • Jun 17, 2021 4:02am Jun 17, 2021 4:02am
I shared this chart on last weekend. See the difference.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot (541).png Size: 458 KB
  • #135,092
  • Jun 17, 2021 4:27am Jun 17, 2021 4:27am
Going to close my shorts upon this dip (probably). Then sidelines. (I don't have the trust in bulls yet).
  • #135,093
  • Edited 4:41am Jun 17, 2021 4:31am | Edited 4:41am
I got my macd cross on M15.. Closed all short orders.. Now will wait on side lines to see how and when bulls show up..

*My earliest bull sign would be a M15 candle close above 1.1957
Focus only on what truly matters!
  • #135,094
  • Jun 17, 2021 5:15am Jun 17, 2021 5:15am
DXY
Attached Image (click to enlarge)
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  • #135,095
  • Jun 17, 2021 5:17am Jun 17, 2021 5:17am
Meanwhile on H1..

This is only for my followers who have studied my methodology: I am changing the angled lines setup to a much easier version.. This way it will give the same angle on any chart no matter how wide your screen size is..

Now, I will not go into details since it is practically the same thing.. This time I decided to use the 6th candle as aggressive entry price.. That way it will be safer.. We still will get draw down form time to time which should not exceed 35 pips but in the longer run it should almost always turn back into profit.. This method is a good way to sell high and buy low.. For now I can't think of a better method to do it..

Questions regarding to the new setup can be asked on the other thread.. (https://www.forexfactory.com/thread/...2#post13438262) On this thread I don't want to create noise.. Thanks for your understanding..

We keep posting around EURUSD..
Attached Image (click to enlarge)
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Focus only on what truly matters!
  • #135,096
  • Jun 17, 2021 5:18am Jun 17, 2021 5:18am
Mission completion, closed my short trades @ 1.1940. Didn't have the courage to let it go any lower. Too greedy is bad to your account oftentimes. Sidelines.
  • #135,097
  • Jun 17, 2021 5:35am Jun 17, 2021 5:35am
Quoting Ata-Turkoglu
Whooooh... Truly crazy minutes.. I faced a -58 pips loss and went short to get some back.. Could catch a +26 pips drop.. -58+26=-32 pips is the bill for my pre-fomc expectation.. Nice slap to be honest.. Now I am on side lines.. Calling it a day folks.. It is better to continue tomorrow after going back to the drawing board.. Trade safe
....that's what we call the effect of yeeeeehaaaa )))
  • #135,098
  • Jun 17, 2021 5:35am Jun 17, 2021 5:35am
Wow.. Bears are still going.. Typical effect of momentum..
Focus only on what truly matters!
  • #135,099
  • Jun 17, 2021 5:37am Jun 17, 2021 5:37am
Quoting energies
{quote} ....that's what we call the effect of yeeeeehaaaa )))
Lol.. again: your TIMING sucks.. If you had posted that yeeehaaaa yesterday noon time we all would congrat you.. But don't drop your head, is well, you earned yourself a chocolate cookie..

-Fix your timing, present better reasoning and you will even get pralines..
Focus only on what truly matters!
  • #135,100
  • Jun 17, 2021 5:47am Jun 17, 2021 5:47am
These bears are true bull predators, however they're getting exhausted.
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