EURUSD only | Page 8125 | 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

  • #162,481
  • Dec 5, 2022 6:32am Dec 5, 2022 6:32am
Quoting Ata-Turkoglu
{quote} I still see the bullishness as sort of a regular retest towards the pinched trendline on weekly... I am patiently waiting and playing along with bulls until momentum fades out! Best wishes {image}
Cheers! Hope the bulls will run out of steem soon
  • #162,482
  • Dec 5, 2022 6:34am Dec 5, 2022 6:34am
Recap
This trading plan continues.
Good opps long and short.
Quoting pedro319
{quote} Today I will be selling to hold for a while. 1.0585 AB=CD and 1.0632 1.618 Extension. This a strong confluence of fib and monthly resistance. I will only consider buying if price drops to 1.04 before reaching those targets. {image}

Before NFP
Quoting pedro319
Looking at the price action alone, it seems that 1.0530 is not going to break anytime soon. Therefore I am selling against the top.
After NFP
Quoting pedro319
Time for bulls to counter attack, this retracement should not be too deep before upper targets.
Plenty to pay for the stops for shorts.
If you have longs: you should take profit, shorts: stops should be BE or above 1.0632 (depending whether you can cope with positions in red).
I am looking for price to form reversal pattern on the 1 hour chart pointing to mentioned levels.
We watch the charts from every angle so you don't have to!!
  • #162,483
  • Dec 5, 2022 6:49am Dec 5, 2022 6:49am
Bears tried, but failed miserably..
Doesn't matter though. We'll have even better price to Short from!
  • #162,484
  • Dec 5, 2022 6:50am Dec 5, 2022 6:50am
1.06ish in sight, however I am looking for a retrace down to 1.048 area. If it goes below then 1.025 is coming. If not, we could see this at 1.075 very soon.
  • #162,485
  • Dec 5, 2022 6:50am Dec 5, 2022 6:50am
Quoting pedro319
Recap This trading plan continues. Good opps long and short. {quote} Before NFP {quote} After NFP {quote} Plenty to pay for the stops for shorts. If you have longs: you should take profit, shorts: stops should be BE or above 1.0632 (depending whether you can cope with positions in red). I am looking for price to form reversal pattern on the 1 hour chart pointing to mentioned levels.
That season is the best for range trading and if 1.0700 hold then we will see plenty of that.
Looking for profitable short term trades ...|
  • #162,486
  • Dec 5, 2022 6:51am Dec 5, 2022 6:51am
Quoting Enagy
{image}She is testing my patient and at the same time messing with my brain,,Ata what do you say cos Im short
I think you are early, but I still wish you luck
Focus only on what truly matters!
  • #162,487
  • Dec 5, 2022 7:02am Dec 5, 2022 7:02am
Quoting Js3mwtRc
This is significant today > US ISM Services PMI. According the forecast the bulls are buying this release. 1.0592 is not far away.
Early yet, bulls did it, distance traveled and some support waits at 1.0560 at 15 min.

Anything might happen here!
Looking for profitable short term trades ...|
  • #162,488
  • Dec 5, 2022 7:04am Dec 5, 2022 7:04am
Little bit weird price movement. Asian Session gave fake Buy, London corrected immediately, but New York Session now seems to have it's own philosophy. We could stay at these prices for a little bit longer.
  • #162,489
  • Dec 5, 2022 7:10am Dec 5, 2022 7:10am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
  • #162,490
  • Dec 5, 2022 7:12am Dec 5, 2022 7:12am
Meanwhile, M15 and Wekkly Chart

As I stated last week; some correlated pairs saw weekly highs BUT EU did not. Accordingly, this week's prediction will be that the EU will do so. So far everything is going the way I want it to. 1.06128 This is a very important level for us. I think it is useful to be careful while approaching here.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: resim_2022-12-05_161145104.png Size: 8 KB
Click to Enlarge Name: resim_2022-12-05_161510136.png Size: 8 KB
Swing Trader
  • #162,491
  • Dec 5, 2022 7:22am Dec 5, 2022 7:22am
perfect H1 close above 0581 to go target minimum next 0614 and ++, weekly target above 0786 , high can be 0880, take care
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 19 KB
Click to Enlarge Name: EURUSDWeekly.png Size: 17 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #162,492
  • Dec 5, 2022 7:26am Dec 5, 2022 7:26am
FX option expiries for Dec 5 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
- EUR/USD: EUR amounts

  1. 1.0300 560m
  2. 1.0445-50 1.02b
  3. 1.0500 728m
  4. 1.0570-75 1.04b

Live long and prosper with green pips!
  • #162,493
  • Dec 5, 2022 7:34am Dec 5, 2022 7:34am
Quoting TheWolf
Little bit weird price movement. Asian Session gave fake Buy, London corrected immediately, but New York Session now seems to have it's own philosophy. We could stay at these prices for a little bit longer.
Yes indeed, it also can move to 1.0540/60 again!

Looking for profitable short term trades ...|
  • #162,494
  • Dec 5, 2022 8:11am Dec 5, 2022 8:11am
So far, so good. I even have some Short signal on Hourly TF.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1.png Size: 20 KB
  • #162,495
  • Dec 5, 2022 8:17am Dec 5, 2022 8:17am
I have such an expectation, but of course we do not know what will happen. I want to see the price come in and react.
Attached Image (click to enlarge)
Click to Enlarge Name: resim_2022-12-05_171606382.png Size: 9 KB
Swing Trader
  • #162,496
  • Dec 5, 2022 9:14am Dec 5, 2022 9:14am
gm offer was done both side, index go real high ( maybe )
  • #162,497
  • Dec 5, 2022 9:17am Dec 5, 2022 9:17am
Quoting MondumaFx
{quote} We don't see any sign of reversal, use the chart to take a decision. We can see euro at 1.06 in the next hours.
What time do you mean by the next hour exactly? I am still looking at the clock
In the ancient literature of our land, we have a proverb that says ..... What the young man sees in the mirror, the old man sees in raw clay
Half of the time, the market is building resistance and support levels, and
  • #162,498
  • Dec 5, 2022 9:23am Dec 5, 2022 9:23am
Whole day today tracking Current Ratio of Buy Sell in EU

Sell % reduced from 65 to 56
Buy % Increased from 35 to 45

clearly selling position are getting liquidated by retailers possibly when it went high most of SL were taken and now retailers are now buying
PaRaM
  • #162,499
  • Dec 5, 2022 9:28am Dec 5, 2022 9:28am
Do the bears have it in them to catalyze on the data out of the US? Or are the Bulls going to hold on? Good gap down on report. I got in long at 1.05090 with a TP of 1.05900, SL just below 1.05. Got a nice bull bounce, but now it is decision time. Will be quick to move to break even if the bears return.

For the moment, I am Bull till we get a second retest of the ~1.061 range. I don't think the decision will be made here on this report.

GL and happy trading!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
  • #162,500
  • Dec 5, 2022 9:39am Dec 5, 2022 9:39am
Quick M30 Outlook

  1. We had some bull excitement for prison break that quickly faded out... Roughly, that 1.0575 area was the big judge for today and bulls failed to convince the jury.. Final verdict: Death sentence by drowning!
  2. Technically speaking, my cypher D leg got violated and pattern shifted into a bearish shark! I don't mind though!
  3. I am marking 1.0551 area as nearest resistance!

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M30.png Size: 21 KB
Focus only on what truly matters!
106 traders viewing now