EURUSD only | Page 9072 | 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

  • #181,421
  • Oct 6, 2023 10:46am Oct 6, 2023 10:46am
Quoting pedro319
{quote} I would not be surprised with another 80 pips on top of this..
Is this your reasoning for another 80 pips?
Do you believe that there will be pullback to 1.05?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 180 KB
  • #181,422
  • Oct 6, 2023 10:51am Oct 6, 2023 10:51am
Quoting Endoephemera
{quote} Check it out! 85 PiPs down shakeout and new high. I knew this kid was up to no good. It's looking like a reversal for the entire down trend that started in July.
Yes, this could be important sigh of trend reversal. Maybe now we get S/R, so I could get a chance to get rid of my shorts and increase net long positions
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 122 KB
  • #181,423
  • Oct 6, 2023 11:02am Oct 6, 2023 11:02am
Quoting pedro319
{quote} I would not be surprised with another 80 pips on top of this..
Me too but 0617 is first!
Looking for profitable short term trades ...|
  • #181,424
  • Oct 6, 2023 11:04am Oct 6, 2023 11:04am
1.0600 is already a round level BUT coincidentally also a very critical resistance area on H4...

Can bulls penetrate it? Not so easy near to "End of Friday" hours.. Let's see...
Focus only on what truly matters!
  • #181,425
  • Oct 6, 2023 11:24am Oct 6, 2023 11:24am
Its been a long week (curious how it is going to close) I had good fun, learned lot and made also some pips thank you all for sharing, have a great weekend!
Looking for profitable short term trades ...|
  • #181,426
  • Oct 6, 2023 11:40am Oct 6, 2023 11:40am
Quoting MateuszFx123
{quote} Is this your reasoning for another 80 pips? Do you believe that there will be pullback to 1.05?{image}
If this is what I think it is (move to 1.0850), then it should not, mind you that, if price breaks that low (H&S failure), 1.04 will be here with great degree of probability and is also a very good buy.
We watch the charts from every angle so you don't have to!!
  • #181,428
  • Oct 6, 2023 11:57am Oct 6, 2023 11:57am
Quoting Mitiblotch
The way things are currently means October will be a green month. Do not ask me how, but for those who bother to read my posts they'll know what I am talking about. Hint: monthly pivot is 1.0671. It's not been hit yet. My personal trade would be to find a good spot in the 1.04xx area and buy for a hit of 1.0700 - 1.0800 area. This will be done with proper money management.
No noise. Just facts! Today's move was sweet. On to the promised land!
  • #181,429
  • Oct 6, 2023 12:31pm Oct 6, 2023 12:31pm
Quoting fxcontest
Collecting TP and Profits {image}
Couldn't resist... My cheesy, end of week joke
Attached Image (click to enlarge)
Click to Enlarge Name: lochness.png Size: 49 KB
Focus only on what truly matters!
  • #181,430
  • Oct 6, 2023 12:34pm Oct 6, 2023 12:34pm
Now, I am not saying it is a hammer for the week but...
Attached Image (click to enlarge)
Click to Enlarge Name: ka1ze.jpg Size: 38 KB
  • #181,431
  • Oct 6, 2023 12:36pm Oct 6, 2023 12:36pm
Quoting Ata-Turkoglu
1.0600 is already a round level BUT coincidentally also a very critical resistance area on H4... Can bulls penetrate it? Not so easy near to "End of Friday" hours.. Let's see...
I agree, I'm thinking about 1.0618...
"No pain no gain"
  • #181,432
  • Oct 6, 2023 1:00pm Oct 6, 2023 1:00pm
Quick Weekly Outlook

Next week I will mostly focus on 1.0635 resistance area... +/- 30 pips... (1.0666 included )

If bulls can't break above it, market might flow sideways for some serious amount of time...

*Thanks @Aerist, I too noticed the hammer...

Calling it a day and week here..

Enjoy your weekends folks.. Peace Out...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-W1.png Size: 20 KB
Focus only on what truly matters!
  • #181,433
  • Oct 6, 2023 1:25pm Oct 6, 2023 1:25pm
Quoting Ata-Turkoglu
{quote} Couldn't resist... My cheesy, end of week joke {image}
Purpose are Profit and Withdraw, not predict
Holy Betting Grail strategy
  • #181,435
  • Oct 6, 2023 3:30pm Oct 6, 2023 3:30pm
What a wonderful choppy week we had and today, the last day, being a marvellous and simply beautifully most choppiest of all days

Have the most wonderful weekend dear EurUsd-Only Family !

P.S expect more of that next week ! Covid's low effect is back !
Attached Image (click to enlarge)
Click to Enlarge Name: chpppy.jpg Size: 53 KB
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #181,436
  • Oct 6, 2023 4:43pm Oct 6, 2023 4:43pm
Hi All .....

The price is still within the hot zone, and therefore it is necessary to pay attention and follow up, as breakout the upper end means the birth of an upward trend on the daily frame, and in return, breakdown the lower end means still down trend .

provided that the break is supported by real volumes.

In both cases, there will be a retest of the break area .
Attached Image (click to enlarge)
Click to Enlarge Name: 6E DEC23 (Daily) 2023_10_06 (8_47_12 PM).png Size: 24 KB
Volume is the soul of the market
  • #181,437
  • Oct 7, 2023 2:41am Oct 7, 2023 2:41am
EU closed up this week for the first time after a long streak of losses. 1.0616 is capping any upside but a strong rise may continue above it towards 1.0635/73. Support is at 1.0516 & 1.0482 and a break should find it at the lower edge of 1.0443.

The reason for that up and down move was that a big number of options expired this Friday and the market reacted according to that, so it is not clear for where we are going to head next, but only know that all that volatility that created yesterday will soon stop and that it is not wise to speculate that a huge move up or down is coming, unless some new fundamental/s comes into play. For now on the daily and weekly chart all I see is a downtrend (especially on the weekly) that is recovering and ranging conditions will prevail. So it's good to be wise and take the price action bar by bar.

Weekly volatility (range) - 110 pips

Significant news - US PPI, FOMC Meeting Minutes, US Initial Jobless Claims, US CPI & University Michigan Sentiment Prelim.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 77 KB


Have a great rest of the weekend. Thanks!
Looking for profitable short term trades ...|
  • #181,438
  • Oct 7, 2023 4:38am Oct 7, 2023 4:38am
Quoting Endoephemera
{quote} Check it out! 85 PiPs down shakeout and new high. I knew this kid was up to no good. It's looking like a reversal for the entire down trend that started in July.
Past week was a difficult one with most of the opportunities being counter to the dominating trend and that atypical Friday with fast 85 PiPs drop and 110 PiPs bounce that undoubtedly blew up many of the more adventurous high leverage accounts.

Next week, 41st, Monday-Tuesday I expect 20-30 PiPs up followed by 40-50% down retr. It's possible we are at a reversal of the down trend started in July. Even if so, it might take off right away (cutting short the down retr.) or go sideways as big money accumulates/reverses (deeper down retr. followed by lateral and false take offs and back down repeatedly). Basically, it's going to be another difficult week.
Practitioner of the cryptic trading arts
  • #181,439
  • Oct 7, 2023 12:22pm Oct 7, 2023 12:22pm
Hello Guys, I hope you are all well and enjoying the weekend.

It appears that the new uptrend has been confirmed, “however” I am watching the price return to the 1.04666 region until it reaches that LTA line at W1. With the W1 candle closing in the region it would be ideal... (The price reached LTA on the D1 chart last week and rose), so if this happens in W1, I intend to buy in the long term... If, the W1 candle closes below the LTA line I described above, the structure will be broken.

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-10-07_EURUSD_JBRolim_H1.png Size: 26 KB

Remembering that this shoe model comes from our friend Erkat.

My view is for the price to reach 1.1100 between December 1st and 11th this year.
Greetings everyone.
"No pain no gain"
  • #181,440
  • Oct 7, 2023 3:15pm Oct 7, 2023 3:15pm
Crazy profile last week. Pre-week analysis was totally wrong but still scratched out a blue week (Analysis is only a small part of profitability).

Looking for buy set up next week. HTF sell side purged and previous daily range not supporting lower prices at weekly closes imho. Close below 0540 on daily invalidates buys for me.
315 traders viewing now, 25 are registered:
benderjoe
,
Chus-fx
,
Duitman
,
Mandarina03
,
fmtrad3r
,
Jobira17
,
,
MilkyWay73
,
newbitrader
,
oordjb
,
Gudima
,
Santana2815
,
Micospark
,
cozycozy
,
catafx
,
kenmaldi
,
NevPed
,
zbyma
,
Karakanca
,
Dokkane
,
Kenzo.
,
Drizzfx
,
,
Clavinsfx
,
Sarath007