EURUSD only | Page 8149 | 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

  • #162,961
  • Dec 9, 2022 8:08am Dec 9, 2022 8:08am
Quoting Ata-Turkoglu
Remember: 1.0534 is still crucial support on D1 I am also marking 1.055555 as nearest resistance on M30..
Next hour good for scalping IMHO.
  • #162,962
  • Dec 9, 2022 8:08am Dec 9, 2022 8:08am
Now, what I'm about to say is pure speculation and should be treated as such.

Now, how much time have we spent on these highs near 1.06? I would say too much time for comfort.
What I want to say is.. it is HIGHLY unlikely these highs will remain highs for much longer. We will see the price breaking these highs next week in my opinion.
I DO NOT think that they would give this many chances for people to Short from the tops! We spent too much time on these tops.. they will be broken.

Just my theory..
  • #162,963
  • Dec 9, 2022 8:09am Dec 9, 2022 8:09am
For me its just right back in the bottom of the 15m range, which is perfectly normal after such a down volatile move.

Mid-high (0570) is often enough reached again if low of range doesnt resist. One enter after return from high above, if that ever happens because, as we know, the same thing that just happened can happen the other way, hence the balance and symmetry and all the other mumbo jumbo of Ranging Heaven science

If mid-high (0570s) is not reached ! = bear momentum building up at last ! A bit like what happened here:
Quoting mtako
Looks like the squeeze and crash of two worlds is about to happen, but bulls will do everything to avoid it. Slope of shorter-term ma needs to stay constantly steeper than other, and all the way to cross + new low has to happen right after it. So, far from being won. If 0570s not even reached again, bear will have a faster move in store...
Quoting Ata-Turkoglu
For a few it was joy.. for the rest some pain in the a** {image}
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #162,964
  • Dec 9, 2022 8:11am Dec 9, 2022 8:11am
Quoting GreenJ
{quote} Next hour good for scalping IMHO.
Yes but, for a scalper, actually it is "always" good for scalping
Focus only on what truly matters!
  • #162,965
  • Dec 9, 2022 8:17am Dec 9, 2022 8:17am
Quoting Js3mwtRc
{quote} It needs a falling knife here to show us the strength of this daily correction up yet.
You wanted knives but market gave you falling needles.. Happy? (Good anticipation.. bravo!)
Focus only on what truly matters!
  • #162,966
  • Dec 9, 2022 8:23am Dec 9, 2022 8:23am
My Updated H4 levels.... 1.055555 is key resistance now.. Can bears reach 1.05 today? Time will tell

*and on a side note: D1 support level 1.0534 has to break as well!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 22 KB
Focus only on what truly matters!
  • #162,967
  • Dec 9, 2022 8:34am Dec 9, 2022 8:34am
Quoting AlfieSolomon
Let's resume the trend {image}
Today is your lucky day, but that's not always the case. Be careful.
Swing Trader
  • #162,968
  • Dec 9, 2022 8:35am Dec 9, 2022 8:35am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
Attached File(s)
File Type: ex4 harmonic.ex4   371 KB | 176 downloads
  • #162,969
  • Dec 9, 2022 8:39am Dec 9, 2022 8:39am
Quoting mustafayucel
{quote} Today is your lucky day, but that's not always the case. Be careful.
...that's what he said..
Attached Image (click to enlarge)
Click to Enlarge Name: becareful.png Size: 24 KB
Focus only on what truly matters!
  • #162,970
  • Dec 9, 2022 8:41am Dec 9, 2022 8:41am
Quoting TheWolf
Now, what I'm about to say is pure speculation and should be treated as such. Now, how much time have we spent on these highs near 1.06? I would say too much time for comfort. What I want to say is.. it is HIGHLY unlikely these highs will remain highs for much longer. We will see the price breaking these highs next week in my opinion. I DO NOT think that they would give this many chances for people to Short from the tops! We spent too much time on these tops.. they will be broken. Just my theory..
I like your thought process mate! I am holding back on replying, as it would be too much rambling on my part, I am afraid. Perhaps on the weekend ! But seriously, cheers mate! it's great to read such fresh shares !!!

Quoting Ata-Turkoglu
{quote} You wanted knives but market gave you falling needles.. Happy? (Good anticipation.. bravo!)
Man Ata, these days you are my laughter medicine !!!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #162,971
  • Dec 9, 2022 8:46am Dec 9, 2022 8:46am
It seems like Elvis left the building already... Leaving decision for 1.0531 area hanging... Next week maybe...

I am calling it a day and week here folks..

Stay happy, safe and enjoy your weekends
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-M30.png Size: 20 KB
Focus only on what truly matters!
  • #162,972
  • Dec 9, 2022 8:48am Dec 9, 2022 8:48am
5min momentum setup! sell stop 05311, SL14
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #162,973
  • Dec 9, 2022 9:01am Dec 9, 2022 9:01am
Quoting mtako
5min momentum setup! sell stop 05311, SL14
-15happy losing trader! Sell stop reinstated at 05290
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #162,974
  • Dec 9, 2022 9:23am Dec 9, 2022 9:23am
Quoting mtako
{quote} -15happy losing trader! Sell stop reinstated at 05290
tp1 : 0490 (half days atr from the lows of previous range)

tp2 : next 15min high break (if this happens before, the rest has SL moved at BE)
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #162,975
  • Edited 9:45am Dec 9, 2022 9:28am | Edited 9:45am
Quoting Ata-Turkoglu
{quote} You wanted knives but market gave you falling needles.. Happy? (Good anticipation.. bravo!)
I didn't surprised so much but definatelly that was a release! Thanks, good weekend.
Looking for profitable short term trades ...|
  • #162,976
  • Dec 9, 2022 9:29am Dec 9, 2022 9:29am
30minutes to go for my 3H setup to have it's candle close below entry and so far so good :
Quoting mtako
3H back into range needs a bit more work since last 5 candles' low coincides with entry(0544). Sure, a break of allll those candles + back into the range with volatility originating from significant resistance makes it even more interesting BUT, as a trader, I need to practice the art of balance and look at both direction = all the above also means that there is a greater concentration of support right there !
Quoting mtako
...Plenty of buyers would try to enter there and could win the battle. So, in this case I usually get some out if the 3H that triggers the position doesnt close below it. Hope it was of interest, cheers mates and happy trading !
Common 3H!

Meanwhile, the beloved 4H
Quoting mtako
.. Common bears, you did not draw a mesmerizing evening Star in the 4H sky for nothing, did you? {quote}Love your spirit mate + friendliness ! You got those happy brain chemicals activated = better trading ! {image}
Quoting mtako
Step 1 = 4 hours of heavy buying all the way to the highest peaks of the century Step 2 = 4 hours of suddenly very weak buying and indecision Step 3 = 4 hours of heavy selling pressure Morning Star + double top = reversal potential Sell stop 1.05459 SL125TP250...
Correction:not morning, evening star, of course Evening Star setup SL is already moved down to BE, and would reinstate sell stop after return from high shadows of the Century
Attached Image (click to enlarge)
Click to Enlarge Name: eveningStar4H.png Size: 17 KB
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #162,977
  • Dec 9, 2022 9:40am Dec 9, 2022 9:40am
15min Volatility growth counter-trend setup up confirmed if <0522, low of this crazy mad bull candle

Sell stop 0533 05219

Bears, going back into orbit or what???
Attached Image (click to enlarge)
Click to Enlarge Name: bearAstro.jpg Size: 127 KB
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #162,978
  • Dec 9, 2022 9:42am Dec 9, 2022 9:42am
Quoting Austyno
{quote} Active
That was a 2nd chance I hope y'all took it
Risk comes from not knowing what to do
  • #162,979
  • Dec 9, 2022 9:44am Dec 9, 2022 9:44am
Quoting mtako
30minutes to go for my 3H setup to have it's candle close below entry and so far so good :{quote}{quote}Common 3H! Meanwhile, the beloved 4H{quote}{quote}Correction:not morning, evening star, of course Evening Star setup SL is already moved down to BE, and would reinstate sell stop after return from high shadows of the Century {image}
Next week will be heavier of moves like that today, bulls got me in the end but the US is still strong.

I still wait that drop below 1.0500, maybe from Monday.
Looking for profitable short term trades ...|
  • #162,980
  • Dec 9, 2022 9:55am Dec 9, 2022 9:55am
Quoting Austyno
{quote} That was a 2nd chance I hope y'all took it
1.052 and 1.0535 hold to 1.0565+
266 traders viewing now, 2 are registered:
Traderlibre
,
Nj27900