EURUSD | Page 60836 | 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

  • #1,216,701
  • Jun 30, 2022 1:05am Jun 30, 2022 1:05am
Quoting DrDave
{quote} I think that is unlikely for today, because I expect that 128m will have a HIGHER low before dropping that low (1.0423). And it is not likely that there is enough time for that scenario to play out today.
If that was the case my wave pattern would change and maybe my view about 427
POSTMASTER
  • #1,216,702
  • Jun 30, 2022 1:06am Jun 30, 2022 1:06am
The BEAR is very strong, I entered at the price of 4462 TP @ 4192 /200

The 5M and 15M combined showed a very strong indication of downturn, however, the 1H and 4H chart has a clear indication of a strong uptrend after this downtrend. However, the BULL is still very imminent in the candlestick, it may happen after this downfall, nevertheless, these few days I noticed a lot of last minute changes.
  • #1,216,703
  • Jun 30, 2022 1:13am Jun 30, 2022 1:13am
Quoting martin1977
The BEAR is very strong, I entered at the price of 4462 TP @ 4192 /200 The 5M and 15M combined showed a very strong indication of downturn, however, the 1H and 4H chart has a clear indication of a strong uptrend after this downtrend. However, the BULL is still very imminent in the candlestick, it may happen after this downfall, nevertheless, these few days I noticed a lot of last minute changes.
these few days I noticed a lot of last minute changes.

And that is why I prefer the use of lagging indicators and waiting for a CONFIRMATION of a direction change, rather than:
"price is overbought/sold so it MUST reverse now";
"price reached the band so it MUST reverse now";
"price reached the .618 Fib so it MUST reverse now";
"price reached (whichever) pivot so it MUST reverse now";
and on-and-on.
To free Gazans of Hamas, use whatever it takes.
  • #1,216,704
  • Edited 1:47am Jun 30, 2022 1:18am | Edited 1:47am
Quoting martin1977
The BEAR is very strong, I entered at the price of 4462 TP @ 4192 /200 The 5M and 15M combined showed a very strong indication of downturn, however, the 1H and 4H chart has a clear indication of a strong uptrend after this downtrend. However, the BULL is still very imminent in the candlestick, it may happen after this downfall, nevertheless, these few days I noticed a lot of last minute changes.
The BEAR is very strong, ... The 5M and 15M combined showed a very strong indication of downturn, however, the 1H and 4H chart has a clear indication of a strong uptrend after this downtrend

Of course 5M/15M go down--that is the RETRACEMENT to the larger TFs that are up.

Understanding when the price goes down JUST TO GO BACK UP versus goes down as STARTING A NEW TREND is important for seeing how to deal with a specific swing.

And of course those larger TFs go up, because they are the RETRACEMENTS to even larger TFs that are down!

(This is not rocket science!)
To free Gazans of Hamas, use whatever it takes.
  • #1,216,705
  • Jun 30, 2022 1:55am Jun 30, 2022 1:55am
Quoting DrDave
{quote} I set an alert yesterday at 1.0427 just to let know to have a look at what is happening, not to trigger an entry.
Itīs hit 1.0430 but maybe not enough
POSTMASTER
  • #1,216,706
  • Jun 30, 2022 2:12am Jun 30, 2022 2:12am
We are into wave 5 on 5m tf. No matter how many waves after 3 is good. The Algo does not want to be trapped by me, he knows I'm camouflaged behind a tree. Not silly

Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (4264)_LI.jpg Size: 465 KB
POSTMASTER
  • #1,216,707
  • Jun 30, 2022 2:18am Jun 30, 2022 2:18am
I will show when entered EU. Certainly below 1.0427
POSTMASTER
  • #1,216,708
  • Jun 30, 2022 2:25am Jun 30, 2022 2:25am
Quoting DrDave
{quote} I think that is unlikely for today, because I expect that 128m will have a HIGHER low before dropping that low (1.0423). And it is not likely that there is enough time for that scenario to play out today.
By 1 pip. I might not enter at all. Have to wait for my dog to bark
POSTMASTER
  • #1,216,709
  • Jun 30, 2022 2:32am Jun 30, 2022 2:32am
OTW
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.png Size: 52 KB
  • #1,216,710
  • Edited 2:57am Jun 30, 2022 2:45am | Edited 2:57am
Quoting martin1977
The BEAR is very strong, I entered at the price of 4462 TP @ 4192 /200 The 5M and 15M combined showed a very strong indication of downturn, however, the 1H and 4H chart has a clear indication of a strong uptrend after this downtrend. However, the BULL is still very imminent in the candlestick, it may happen after this downfall, nevertheless, these few days I noticed a lot of last minute changes.
You could be right, certainlly lower than 1.0423
POSTMASTER
  • #1,216,711
  • Jun 30, 2022 3:06am Jun 30, 2022 3:06am
My dog barked at 1.0421 so i am long
POSTMASTER
  • #1,216,712
  • Jun 30, 2022 3:07am Jun 30, 2022 3:07am
Quoting Robinhood1
My dog barked at 1.0421 so i am long
clearly going down until news come..
  • #1,216,713
  • Jun 30, 2022 3:10am Jun 30, 2022 3:10am
Quoting Robinhood1
My dog barked at 1.0421 so i am long
You're early: Must have been a "false bark out".
To free Gazans of Hamas, use whatever it takes.
  • #1,216,714
  • Jun 30, 2022 3:12am Jun 30, 2022 3:12am
Quoting Robinhood1
{quote} You could be right, certainlly lower than 1.0423
Position Closed.
  • #1,216,715
  • Jun 30, 2022 3:14am Jun 30, 2022 3:14am
Quoting DrDave
{quote} You're early: Must have been a "false bark out".
Fake is only at markets, the dog barked. anyway, will keep adding as it goes lower
POSTMASTER
  • #1,216,716
  • Jun 30, 2022 3:16am Jun 30, 2022 3:16am
Quoting martin1977
{quote} Position Closed.
Hey why donīt we exchange directly, spread free. You always come out when i go in
POSTMASTER
  • #1,216,717
  • Jun 30, 2022 3:21am Jun 30, 2022 3:21am
barked again 1.0417
POSTMASTER
  • #1,216,718
  • Jun 30, 2022 3:22am Jun 30, 2022 3:22am
EURUSD
128m failed on its retracement to the upswing and went into a down continuation.
To free Gazans of Hamas, use whatever it takes.
  • #1,216,719
  • Jun 30, 2022 3:24am Jun 30, 2022 3:24am
Quoting DrDave
EURUSD 128m failed on its retracement to the upswing and went into a down continuation.
Get yourself a dog
POSTMASTER
  • #1,216,720
  • Jun 30, 2022 3:25am Jun 30, 2022 3:25am
Quoting Robinhood1
{quote} Fake is only at markets, the dog barked. anyway, will keep adding as it goes lower
I did not say that it was a fake bark out, but rather that it was a false bark out. There is a difference in meaning in English.

So, it was a real (not fake) bark out, and it was also a false bark out.
To free Gazans of Hamas, use whatever it takes.
1,369 traders viewing now, 1 is registered:
F.g