EURUSD only | Page 9050 | 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

  • #180,981
  • Sep 28, 2023 2:16am Sep 28, 2023 2:16am
I'm looking at 1.05213 to go short with a target of 1.04685
Risk comes from not knowing what to do
  • #180,982
  • Sep 28, 2023 2:21am Sep 28, 2023 2:21am
Quoting Lenart
{quote} What do you mean with that ratio?
Isn't it obvious? He is talking about risk-reward ratio... Go ask uncle google what "risk-reward" means in trading..

Best wishes
Focus only on what truly matters!
  • #180,983
  • Sep 28, 2023 2:28am Sep 28, 2023 2:28am
Quoting Ata-Turkoglu
{quote} Isn't it obvious? He is talking about risk-reward ratio... Go ask uncle google what "risk-reward" means in trading.. Best wishes
Ata, ofc I know what RRR is.
He might be reffering to sth else - 10% of equity, 10x on a position equity requirement, ...
Best wishes to you, too and all the traders.
  • #180,984
  • Sep 28, 2023 2:41am Sep 28, 2023 2:41am
Quoting Lenart
{quote} Ata, ofc I know what RRR is. He might be reffering to sth else - 10% of equity, 10x on a position equity requirement, ... Best wishes to you, too and all the traders.
Reward to risk rather.
We watch the charts from every angle so you don't have to!!
  • #180,985
  • Sep 28, 2023 2:50am Sep 28, 2023 2:50am
Quoting Lenart
{quote} Do you have any good reading on that topic?
I personally don't. I am sure you'll find many of such materials on the Internet.
  • #180,986
  • Sep 28, 2023 2:58am Sep 28, 2023 2:58am
Quoting Lenart
{quote} Ata, ofc I know what RRR is. He might be reffering to sth else - 10% of equity, 10x on a position equity requirement, ... Best wishes to you, too and all the traders.
I see... lol... Here we have so many members from all sorts of experience levels that I didn't think much about what level you are and assumed you might be a newbie.. sorry then..

When I read his question it immediately translated in my head as: "Since price consistently dropped some 750 pips starting from mid July, could anyone collect some really good amounts of profit from this?"....

Best wishes
Focus only on what truly matters!
  • #180,987
  • Sep 28, 2023 3:04am Sep 28, 2023 3:04am
That drop (not full, only part of it) is guilty for 13% increase of my total equity.
Now I plan to wait a bit to see where price will go.
Some sort of retrace is almost overdue, but bulls appears to be sooo shy and timid...
  • #180,988
  • Sep 28, 2023 3:04am Sep 28, 2023 3:04am
Quoting pedro319
{quote} Reward to risk rather.
I am asking this because I see it's possible if you let it ride....which also means getting less excited when the trade is on.
  • #180,989
  • Sep 28, 2023 3:05am Sep 28, 2023 3:05am
Meanwhile, on WEEKLY...

  1. These bastard robber banks are eager to reach Shark completion point without a major correction.. I still can't believe this, but it is happening... To me it means "more shenanigans are on its way"..
  2. 1.0455 should act as nearest support for this week based on my steep red channel...
  3. Overall, I am still asking myself: where is the f*ing correction? Time will tell..

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-W1.png Size: 19 KB
Focus only on what truly matters!
  • #180,990
  • Sep 28, 2023 3:10am Sep 28, 2023 3:10am
Quoting Vitez
{quote} I am asking this because I see it's possible if you let it ride....which also means getting less excited when the trade is on.
You should let shorts ride in this environment, there is absolutely nothing bullish on any timeframe, fundamentally there isn't anything either.
We watch the charts from every angle so you don't have to!!
  • #180,991
  • Sep 28, 2023 3:15am Sep 28, 2023 3:15am
Quoting Vitez
{quote} I am asking this because I see it's possible if you let it ride....which also means getting less excited when the trade is on.
Boring but this is how successful trading should be, without patience and good risk to reward soon someone could give back all its profits.
Looking for profitable short term trades ...|
  • #180,992
  • Sep 28, 2023 3:15am Sep 28, 2023 3:15am
Quoting pedro319
{quote} You should let shorts ride in this environment, there is absolutely nothing bullish on any timeframe, fundamentally there isn't anything either.
Agreed. PA touched my TP, so I don't have position open in EU. Waiting if it can show tinny sign of strength life to get to 1.053 to start new short from better position.
  • #180,993
  • Sep 28, 2023 3:18am Sep 28, 2023 3:18am
Quoting Lenart
{quote} Agreed. PA touched my TP, so I don't have position open in EU. Waiting if it can show tinny sign of strength to get to 1.053 to start new short from better position.
1.0560 stops above 1.06.
If you try lower it's good to hide the stops above one of these levels, better above both.
We watch the charts from every angle so you don't have to!!
  • #180,994
  • Sep 28, 2023 3:22am Sep 28, 2023 3:22am
Quoting pedro319
{quote} 1.0560 stops above 1.06.
Yup, that would be great entry.
My reasoning for 1.053 in picture.
Red line (S/R level) is in confluence with upper line of pitchfork.
SL 50 pips and if it gets to 1.056 I'll add to position.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
  • #180,995
  • Sep 28, 2023 3:24am Sep 28, 2023 3:24am
Needing a decent retracement to jump on the train , .....let's hit 0611/17 (broken Fibo 38.2% of 0.9535/1.1275 /

Sell orders waiting...
  • #180,996
  • Sep 28, 2023 3:27am Sep 28, 2023 3:27am
Profit Shrunk

Long, Hope not get Stopout again
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDmM30 2809.png Size: 11 KB
Holy Betting Grail strategy
  • #180,997
  • Sep 28, 2023 3:42am Sep 28, 2023 3:42am
Quoting pedro319
{quote} You should let shorts ride in this environment, there is absolutely nothing bullish on any timeframe, fundamentally there isn't anything either.
I was thinking in a general sense. For instance get two 10:1 winners and a few loosers and you have a nice profit on a down move like this.
  • #180,998
  • Sep 28, 2023 3:49am Sep 28, 2023 3:49am
Quoting Vitez
{quote} I was thinking in a general sense. For instance get two 10:1 winners and a few loosers and you have a nice profit on a down move like this.
Unfortunately, most people let the losers run and cut the winners short.
If you stick to your targets even without looking at the screen, the results are much better.
You just said it, R:R will make you profitable even if you lose more than you win.
Good luck.
We watch the charts from every angle so you don't have to!!
  • #180,999
  • Sep 28, 2023 3:52am Sep 28, 2023 3:52am
Quoting Vitez
{quote} I was thinking in a general sense. For instance get two 10:1 winners and a few loosers and you have a nice profit on a down move like this.
You can do it but not always get 200 - 300 moves down most you get losses from choppy price action. Just take profits when you are in 2 - 3 times your risk and some times you can trail for more in a sudden move but you have to sit and watch without a clear target and open TP.
Looking for profitable short term trades ...|
  • #181,000
  • Sep 28, 2023 3:54am Sep 28, 2023 3:54am
Quoting Austyno
I'm looking at 1.05213 to go short with a target of 1.04685
I think this as the best idea today, let's see if it's going to work for another one time
Looking for profitable short term trades ...|
81 traders viewing now, 7 are registered:
Darfirst
,
catafx
,
tehboy
,
Ata-Turkoglu
,
edboy
,
ceciliago
,
FXsabre