EURUSD only | Page 7923 | 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

  • #158,441
  • Oct 6, 2022 4:06am Oct 6, 2022 4:06am
Quoting fxcontest
Sell grid 0.9964 - 0.9969
edited
Holy Betting Grail strategy
  • #158,442
  • Oct 6, 2022 4:08am Oct 6, 2022 4:08am
Quoting fxcontest
Support 0.9880 - Buy a few
SL 0.9860, adjusted to BE+1 after 20 pips green
Holy Betting Grail strategy
  • #158,443
  • Oct 6, 2022 4:08am Oct 6, 2022 4:08am
Quick Weekly Outlook

  1. I keep sharing this, some will remember: wave 4 is maybe complete, so bulls must be careful!
  2. My limit for this week was 1.0013, but bulls couldn't get there (yet) maybe they will later or maybe not... Just know that we are still in wave 4 territory!
  3. 0.9864 was my original resistance... Highly important level! Robber banks somehow could push price above it. Imho, this extra rise is an artificial and fake move! I have the gut feeling that once reality kicks in, price will settle back below 0.9864... But market is not in my control, so we better go step by step with confirmation!
  4. The weekly and daily are good charts to get rid of noise... Focus on what matters folks... Leave out all the BS!

I hope it helps

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-W1.png Size: 18 KB
Focus only on what truly matters!
  • #158,444
  • Oct 6, 2022 4:32am Oct 6, 2022 4:32am
Meanwhile, on M30...

I am waiting for a sell opportunity... Don't know where and when exactly... Let's see..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M30.png Size: 20 KB
Focus only on what truly matters!
  • #158,445
  • Edited 5:01am Oct 6, 2022 4:35am | Edited 5:01am
Hopefully, more bears will show up.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 31 KB
Click to Enlarge Name: screenshot.png Size: 31 KB
Click to Enlarge Name: screenshot.png Size: 31 KB
Click to Enlarge Name: screenshot.png Size: 31 KB
  • #158,446
  • Oct 6, 2022 5:11am Oct 6, 2022 5:11am
The bears did good;
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 32 KB
  • #158,447
  • Oct 6, 2022 5:13am Oct 6, 2022 5:13am
Quoting Ata-Turkoglu
Meanwhile, on M30... I am waiting for a sell opportunity... Don't know where and when exactly... Let's see.. {image}
Well, one thing is for sure, price keeps printing lower highs and lower lows on timeframes like 15m and 30mins. So it's advisable to get in before the major drop begins
Risk comes from not knowing what to do
  • #158,448
  • Oct 6, 2022 5:32am Oct 6, 2022 5:32am
Quoting Austyno
{quote} Well, one thing is for sure, price keeps printing lower highs and lower lows on timeframes like 15m and 30mins. So it's advisable to get in before the major drop begins
Fully agree... I benefited a little from this recent fall, but I didn't get a true bearish signal yet... No worries though, new signals are plenty.. Patience! Best wishes to you brother
Focus only on what truly matters!
  • #158,449
  • Oct 6, 2022 5:35am Oct 6, 2022 5:35am
I am suffering from severe PE , I mean premature Exit . can someone please guide me on how to deal with this? if I hold on to trade then the SL gets hit however whenever I exit with a small profit.... it goes for a healthy run. Please help.
Success = Practice + Patience + Persistence
  • #158,450
  • Oct 6, 2022 5:36am Oct 6, 2022 5:36am
i just don't use stop losses
always shorting eu All Time Profit: $1,476
  • #158,451
  • Oct 6, 2022 5:42am Oct 6, 2022 5:42am
Quoting fxpider
I am suffering from severe PE , I mean premature Exit . can someone please guide me on how to deal with this? if I hold on to trade then the SL gets hit however whenever I exit with a small profit.... it goes for a healthy run. Please help.
definitely not suffering on good sense of humor..
Focus only on what truly matters!
  • #158,452
  • Oct 6, 2022 5:44am Oct 6, 2022 5:44am
Quoting numbercutter
i just don't use stop losses
This is total annihilation and clearing of account
Please join me in my journey for 100 perfect trades. See my journal!
  • #158,453
  • Oct 6, 2022 5:47am Oct 6, 2022 5:47am
Quoting fxpider
I am suffering from severe PE , I mean premature Exit . can someone please guide me on how to deal with this? if I hold on to trade then the SL gets hit however whenever I exit with a small profit.... it goes for a healthy run. Please help.
Brother... this is what I call discipline.

I have always thought of keeping a trade at least for a month since most pairs move in one direction... I mean, that's good profit.

But then, my account gets cleared.

So now, I have a target and once I hit it, I cash out. If the direction of the market continues as predicted, I just remind myself that I tried leaving trades in the hopes of continuos profit and I have lost a lot. I compensate myself with that thought.
Please join me in my journey for 100 perfect trades. See my journal!
  • #158,454
  • Oct 6, 2022 5:52am Oct 6, 2022 5:52am
Quoting fleps
{quote} Brother... this is what I call discipline. I have always thought of keeping a trade at least for a month since most pairs move in one direction... I mean, that's good profit. But then, my account gets cleared. So now, I have a target and once I hit it, I cash out. If the direction of the market continues as predicted, I just remind myself that I tried leaving trades in the hopes of continuos profit and I have lost a lot. I compensate myself with that thought.
Sounds good. Do you adjust the SL after certain pips b4 hitting the target?
Success = Practice + Patience + Persistence
  • #158,455
  • Oct 6, 2022 5:57am Oct 6, 2022 5:57am
Quoting fxpider
{quote} Sounds good. Do you adjust the SL after certain pips b4 hitting the target?
I did this just once.

But most importantly for me, I monitor the trade since I do not have Stop Loses set.
Please join me in my journey for 100 perfect trades. See my journal!
  • #158,456
  • Oct 6, 2022 5:59am Oct 6, 2022 5:59am
Quoting fxpider
I am suffering from severe PE , I mean premature Exit . can someone please guide me on how to deal with this? if I hold on to trade then the SL gets hit however whenever I exit with a small profit.... it goes for a healthy run. Please help.
In forex you should stop caring about money and trade only with money you afford to lose.

A good trick is to open the trade set your profit and loss then just close your trading software and set an alert to your mobile.

Also if, you are always at your target then what do you afraid not to happen? Ask this to your self and if, you find it then you will know how to beat your emotions.
Looking for profitable short term trades ...|
  • #158,457
  • Oct 6, 2022 6:03am Oct 6, 2022 6:03am
Bull Gone, Sell 0.9885 - 0.9884
Holy Betting Grail strategy
  • #158,458
  • Oct 6, 2022 6:13am Oct 6, 2022 6:13am
Quoting fxpider
I am suffering from severe PE , I mean premature Exit . can someone please guide me on how to deal with this? if I hold on to trade then the SL gets hit however whenever I exit with a small profit.... it goes for a healthy run. Please help.
Hi..maybe trade shorter time frames.
  • #158,459
  • Edited 6:29am Oct 6, 2022 6:17am | Edited 6:29am
Quoting fxpider
I am suffering from severe PE , I mean premature Exit . can someone please guide me on how to deal with this? if I hold on to trade then the SL gets hit however whenever I exit with a small profit.... it goes for a healthy run. Please help.
Jokes aside.. here is a simple strategy you all can benefit from... No need to ask for details since the chart below explains all... The trick is to measure the most recent pullback on whatever timeframe you are trading and then to exit once price arrives into the zone between fibo 144 to 166..

It is that simple and you will get the idea once you study this. Do it this way until someone comes up with a better solution!

Please remember: This method is only for estimating best exits! It doesn't guarantee that price will get there. It only helps you for a non-premature exit IF it gets there!
Attached Image (click to enlarge)
Click to Enlarge Name: Better_Exits.png Size: 25 KB
Focus only on what truly matters!
  • #158,460
  • Oct 6, 2022 6:26am Oct 6, 2022 6:26am
Quoting Ata-Turkoglu
{quote} Jokes aside.. here is a simple strategy you all can benefit from... No need to ask for details since the chart below explains all... The trick is to measure the most recent pullback on whatever timeframe you are trading and then to exit once price arrives into the zone between fibo 144 to 166.. It is that simple and you will get the idea once you study this. Do it this way until someone comes up with a better solution! {image}
Thank you so much for the reply. Just curious about the fib level, WHY particularly 144 to 166. Is there any statistical reason? sorry to be a pain. just trying to find an exit strategy.
Success = Practice + Patience + Persistence
132 traders viewing now, 7 are registered:
Satelly
,
hedgehog282
,
ferkorkut
,
Glpp
,
BazzB
,
cozycozy
,
catafx