EURUSD only | Page 8447 | 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

  • #168,921
  • Mar 9, 2023 9:13am Mar 9, 2023 9:13am
Time to short 1.0580 30 tp 30 sl
  • #168,923
  • Mar 9, 2023 9:31am Mar 9, 2023 9:31am
I want to believe d bull will take me to DR2 BUT will keep having many pull backs because of the weak candles im seeing,im just testing my brain
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 35 KB
  • #168,924
  • Mar 9, 2023 9:34am Mar 9, 2023 9:34am
Quoting numbercutter
{quote} almost every retail trader I know studies ICT, he's the most popular influencer and has 500k subscribers on Youtube which is insane for a forex trader account.
He's only gotten really popular recently when he released his 2022 Mentorship, and then all the Core Content (which I have yet to watch) from his private mentorship. Those students must be irritated that he's releasing stuff that they paid for, but he hints that there's still a lot of stuff he hasn't shared and likely never will. Stuff that only his private students know.

To your earlier point...I too used to wonder what will happen if too many people start to figure this stuff out and the market runs out of "dumb money" . I think things will go on intact, and the algo will continue to do what it does. Retail only accounts for a very small percentage of the market, so it doesn't matter if we're dumb or smart. It's the hedge funds and pension funds that are the real liquidity. Those firms employ advanced and archaic trading models that focus on mean reversion and such, which makes them prone to become liquidated in the short run, but they are also very profitable in the long run. It's a constant tug of war between them and the big investment banks. Most of these places have never heard of ICT...and if they have, simply dismiss him off with a wave of their hand. They don't take him seriously, which is good for us. We get to continue making money under the radar.

Anyway, back to EURUSD. Big apologies to Ata for dragging this topic out. I can sense your groaning like "let's get back on topic".
  • #168,925
  • Mar 9, 2023 9:38am Mar 9, 2023 9:38am
Meanwhile, on H4...

Price is now inside gray area: Go bulls go!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 22 KB
Focus only on what truly matters!
  • #168,926
  • Mar 9, 2023 9:38am Mar 9, 2023 9:38am
Waiting for H1 to close. I'm getting hints for the retracement DOWN on the Eur. But it's still too early to tell. Also tomorrow is NFP, so they must create some TRAPS for that event as well. PATIENCE PAYS!!!
  • #168,927
  • Mar 9, 2023 9:49am Mar 9, 2023 9:49am
If H1 closes like this (EUR will NOT touch the 50% and the orange zone), then we should see a retracement to the DOWN side on the EUR, before it continues UP - tomorrow.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB
  • #168,928
  • Mar 9, 2023 9:54am Mar 9, 2023 9:54am
Quoting andvk74
This is what I have in mind for the next few days ahead. {image}
So far so good. I consider that we touched the zone, because I said that I look at 7 instruments and NOT only at the EUR and DXY. That all together makes the system I developed just for the EURUSD.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB
  • #168,929
  • Mar 9, 2023 9:59am Mar 9, 2023 9:59am
Quoting andvk74
{quote} So far so good. I consider that we touched the zone, because I said that I look at 7 instruments and NOT only at the EUR and DXY. That all together makes the system I developed just for the EURUSD. {image}
Of course you're discussing only this 2 here because that are the ones Ata is only allowing to be mentioned.
  • #168,930
  • Mar 9, 2023 10:06am Mar 9, 2023 10:06am
Quoting zippo22
{quote} Of course you're discussing only this 2 here because that are the ones Ata is only allowing to be mentioned.
Lol.. not just because of "Ata"... but mainly because of the MAJORITY of members who intentionally signed up for this thread expecting to focus only on what really matters for EURUSD, based on the title "EURUSD only"...

Best wishes
Focus only on what truly matters!
  • #168,931
  • Mar 9, 2023 10:09am Mar 9, 2023 10:09am
I am marking 1.0558 as nearest support on M30....
Focus only on what truly matters!
  • #168,932
  • Mar 9, 2023 10:25am Mar 9, 2023 10:25am
Quoting Ata-Turkoglu
{quote} Lol.. not just because of "Ata"... but mainly because of the MAJORITY of members who intentionally signed up for this thread expecting to focus only on what really matters for EURUSD, based on the title "EURUSD only"... Best wishes
I agree, there are numerous threads where this gets quite a bit out of hand...
  • #168,933
  • Mar 9, 2023 10:28am Mar 9, 2023 10:28am
Quoting micah119
Time to short 1.0580 30 tp 30 sl
I'm out 5 pips. Too slow today.
  • #168,934
  • Mar 9, 2023 12:03pm Mar 9, 2023 12:03pm
Still looking for that 50% zone as much the rest of you are from the last drop. ~1.06000 Somewhere. This will be a zone not a hard number, so confirmation of the hit should be relaxed.

Was able to eek out .8% gain today in my long scalps. Price is already slowing as the NY lunch session ends. Mind that the impulses are weakening and we may just range or list upwards slightly through Asia, everyone is waiting on the news!

Might look for more long scalps as we are still ~30 pips shy of my target, but definitely in the zone mentioned above. Caution advised.

Chart is 4h Shows clearly the Order Block area's in Red and Green. We are just about at the Equilibrium price for those order blocks so price might hold here and not make the 1.06000 area. NFP will shake this loose. The question is which of those order blocks will get slammed first. Might not happen Friday, but shouldn't be far behind.

Good Luck Trading and Protect the Equity!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
  • #168,935
  • Mar 9, 2023 12:40pm Mar 9, 2023 12:40pm
I expect this to be taken out tomorrow on the NFP
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
  • #168,936
  • Mar 9, 2023 1:27pm Mar 9, 2023 1:27pm
Quoting andvk74
I expect this to be taken out tomorrow on the NFP {image}
I agree with this sentiment. There is much more potential liquidity to the down side it seems. We are only ~10 pips away from the 1.06000 zone. So that target area you painted matches my analysis exactly!

Let's hope for a buster NFP, and down we will ride.

Good Luck all!
  • #168,937
  • Mar 9, 2023 2:14pm Mar 9, 2023 2:14pm
Quoting mesohi
{quote} I agree with this sentiment. There is much more potential liquidity to the down side it seems. We are only ~10 pips away from the 1.06000 zone. So that target area you painted matches my analysis exactly! Let's hope for a buster NFP, and down we will ride. Good Luck all!
Actually I can envision a scenario tomorrow like this:

Jobs created 250,000. (roughly give or take 10,000)

Price in EU spikes up to 1.07 then reverses and takes out the magnet like a heat seeking missle.
  • #168,938
  • Mar 9, 2023 3:14pm Mar 9, 2023 3:14pm
all eyes on non farm!

pa has been consolidating since the drop. Under 0600 might be good r/r to short but we may need the news to push it down below daily 200ema

other than the last short from 0688 i have been sidelined since yesterday
Patience, Emotion Control and Discipline.
  • #168,939
  • Mar 9, 2023 3:26pm Mar 9, 2023 3:26pm
Quoting D7S
{quote} Applies to Pound - Yen and Lira associated pairs {image}
The two strange things to me are that: 1) no one, that I know of, has even mentioned this on a forum, suggesting that many US traders are completely unaware, or have not had their margins raised, and 2) there was no discussion, or public comment period leading up to this far as I am aware.

Reading that sheet, you'd think the the margin-hungry CME (ever since COVID) was looking at a loss of trading and hedging business to more attractively margined forex products, so the NFA decided to make all FDM's raise THEIR margins as a professional courtesy to the CME. Not long ago I'd said: "that'll be the day!"
  • #168,940
  • Mar 9, 2023 7:00pm Mar 9, 2023 7:00pm
There is the 1.06000 Mark! Will be curious what it will do from here over the Asian session. Still sidelined till tomorrow after the NFP. Hoping for some good opportunities for everyone watching.

Will see how much leg it has through the evening session. 1.07000 is not a unreasonable place as the next psychological level. Watch the next fib after the 50% is taken out. Most will be waiting on news so Volume might be really light during London!

See you all in the morning!

Good Luck and Good trading.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB
56 traders viewing now, 3 are registered:
Satelly
,
oordjb
,
hoppafx