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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

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EURUSD Only

  • #2,701
  • Jan 25, 2024 10:31am Jan 25, 2024 10:31am
Quoting PatienceFx
{quote} anyways price is back to 897 after roaming around like a loafer and this is the logic {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 19 KB
  • #2,702
  • Jan 25, 2024 9:41pm Jan 25, 2024 9:41pm
how easy to trade this
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 22 KB
  • #2,703
  • Jan 25, 2024 10:00pm Jan 25, 2024 10:00pm
Quoting PatienceFx
how easy to trade this {image}
Yes, it was a good day for me. But why do you keep losing?
You cannot fail if you never give up.
  • #2,704
  • Jan 25, 2024 10:03pm Jan 25, 2024 10:03pm
Quoting 7154Superman
{quote} Yes, it was a good day for me. But why do you keep losing?
So far today, EUR/USD price acted exactly as expected. I closed all my short positions profitably, plus did some more long and short scalping at the bottom. The one long position I had during Asian session hit TP while I slept, and was automatically replaced with a limit short order.
I expect EUR/USD price to go another leg down tomorrow to low/mid 1.07s after a small retrace during Asian session.
Even still, I am prepared for my prediction to be wrong, so I'm partially hedged with 1 long and 3 shorts at the moment.

Live accounts start with $100 and Demo $100k.
Current Net Equity results from best to worst:
#5 Live $143.30 (+43.30%) (7 trading days)
#1 Live $141.50 (+41.50%) (17 trading days)
#4 Live $118.09 (+18.09%) (7 trading days)
#3 Live $112.14 (+12.14%) (9 trading days)
#6 Live $111.70 (+11.70%) (6 trading days)
#2 Live $104.85 (+4.85%) (11 trading days)
#7 Live $101.14 (+1.14%) (6 trading days)

Combined results for live accounts: Deposit = $700.00
Net Equity = $832.72
Profit +$132.72 (+18.96%) (6-17 trading days)

#9 Demo $136,361 (+36.36%) (2 trading days)
#11 Demo $133,989 (+33.99%) (2 trading days)
#8 Demo $127,668 (+27.67%) (15 trading days)
#10 Demo $112,513 (+12.51%) (2 trading days)

Combined results for demo accounts: Deposit = $400,000
Net Equity = $510,531
Profit = $110,531 (+27.63%) (2-15 trading days)

Overall equivalent results of Live and Demo combined (Live = $200k + %)
Deposit = $1,100,000
Net Equity = $2,175,971
Profit = $1,075,971 (+97.82%) (2-42 trading days)
You cannot fail if you never give up.
  • #2,705
  • Jan 26, 2024 3:22am Jan 26, 2024 3:22am
[quote=7154Superman;14732638]{quote}
What is your trading method?
  • #2,706
  • Jan 26, 2024 6:43am Jan 26, 2024 6:43am
[quote=Gelubrin;14732963]
Quoting 7154Superman
{quote} What is your trading method?
Hedging/scalping. It's a bit complicated. Refer to my previous posts to get the gist of it.
You cannot fail if you never give up.
  • #2,707
  • Jan 26, 2024 10:29pm Jan 26, 2024 10:29pm
Quoting 7154Superman
{quote} Yes, it was a good day for me. But why do you keep losing?
Point noted will take action
  • #2,708
  • Jan 26, 2024 11:21pm Jan 26, 2024 11:21pm
Quoting 7154Superman
{quote} So far today, EUR/USD price acted exactly as expected. I closed all my short positions profitably, plus did some more long and short scalping at the bottom. The one long position I had during Asian session hit TP while I slept, and was automatically replaced with a limit short order. I expect EUR/USD price to go another leg down tomorrow to low/mid 1.07s after a small retrace during Asian session. Even still, I am prepared for my prediction to be wrong, so I'm partially hedged with 1 long and 3 shorts at the moment. Live accounts start with...
Not much happened today other than EUR/USD price again (kind of) going against my expectation, with me ending up holding a handful of underwater shorts. I scalped only a few trades. Was too busy driving all day. Net Equity for live accounts is currently down about -2% since yesterday. Demo accounts are about break even for today.
I decided to hold my open trades over the weekend. 1 long and 4 shorts. The expectation for next week is for more bearish price action, possibly extended massive movements like 300 pips. EUR/USD 1.06 is a real possibility.
I'm too tired to list my current results or update my trade explorer. Maybe I'll get it done next time I get better gains. I'm usually motivated to share my results when gains are good. LoL
See you next week.
You cannot fail if you never give up.
  • #2,709
  • Jan 27, 2024 1:04am Jan 27, 2024 1:04am
i enjoyed the week writing new code and testing it

+0 is last week close in first chart and last year close in second chart
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSDH4.png Size: 23 KB
  • #2,710
  • Jan 27, 2024 1:06am Jan 27, 2024 1:06am
Quoting PatienceFx
i enjoyed the week writing new code and testing it +0 is last week close in first chart and last year close in second chart {image} {image}
on daily clearly we are in down trend and supports are well defined

converting $200 to $2M is not tough, it just takes patience
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 27 KB
  • #2,711
  • Jan 27, 2024 1:11am Jan 27, 2024 1:11am
Quoting PatienceFx
i enjoyed the week writing new code and testing it +0 is last week close in first chart and last year close in second chart {image} {image}
this is what i was working on this week and simply not paying attention to trades
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 25 KB
  • #2,712
  • Jan 27, 2024 1:19am Jan 27, 2024 1:19am
[quote=PatienceFx;14733974]{quote} on daily clearly we are in down trend and supports are well defined

Agree. And W1 is descending.
  • #2,713
  • Jan 27, 2024 2:06am Jan 27, 2024 2:06am
Quoting PatienceFx
{quote} on daily clearly we are in down trend and supports are well defined converting $200 to $2M is not tough, it just takes patience {image}
Hii gudmorning from here, am new in fx trade am still struggling to catch up with the whole stuff, please can you help me right now my life is more of stuggles lolz but am sure can make something better out of it. Ur help l, tutorship and guidance is all I ask for pleasss.
  • #2,714
  • Jan 27, 2024 12:18pm Jan 27, 2024 12:18pm
Quoting Marvinsapp36
{quote} Hii gudmorning from here, am new in fx trade am still struggling to catch up with the whole stuff, please can you help me right now my life is more of stuggles lolz but am sure can make something better out of it. Ur help l, tutorship and guidance is all I ask for pleasss.
tell me what did you understand after reading this full page

https://www.forexlive.com/centralban...-gdp-20240127/

remember news reading and understanding is more important than just charts

it is like walking at night without light
  • #2,715
  • Jan 27, 2024 12:24pm Jan 27, 2024 12:24pm
3 charts for guys from India; no need to run after forex when you can mint here.
Attached Image(s) (click to enlarge)
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  • #2,716
  • Edited 11:59pm Jan 27, 2024 11:41pm | Edited 11:59pm
[quote=PatienceFx;14733979]{quote}

This chart with economic data corresponds to eurusd, TF: W1, D1, H4. It is the flashlight with which I walk through the darkness (quote).
Please tell me if there is a possibility that the daily data from this excel table could be translated into an indicator on MT4 and then combined with an indicator (RSI, for example). It would require permission to upload data daily. Thank you !
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 28 KB
  • #2,717
  • Jan 28, 2024 5:32pm Jan 28, 2024 5:32pm
Quoting 7154Superman
{quote} So far today, EUR/USD price acted exactly as expected. I closed all my short positions profitably, plus did some more long and short scalping at the bottom. The one long position I had during Asian session hit TP while I slept, and was automatically replaced with a limit short order. I expect EUR/USD price to go another leg down tomorrow to low/mid 1.07s after a small retrace during Asian session. Even still, I am prepared for my prediction to be wrong, so I'm partially hedged with 1 long and 3 shorts at the moment. Live accounts start with...
So, market opened with a gap down as expected, so my 4 shorts I held over the weekend did well. I do have 1 long position on drawdown.

My Trade Explorer is updated. I can't upload all my demo accounts on it, so I posted the best one.

Live accounts start with $100 and Demo $100k.
Current Net Equity results from best to worst:

#5 Live $143.30 (+43.30%) (9 trading days)
#1 Live $141.50 (+41.50%) (19 trading days)
#4 Live $118.09 (+18.09%) (9 trading days)
#3 Live $112.14 (+12.14%) (11 trading days)
#2 Live $108.25 (+8.25%) (13 trading days)
#7 Live $105.48 (+5.48%) (8 trading days)
#6 Live $91.71 (-8.29%) (8 trading days)

Combined results for live accounts:
Deposit = $700.00
Net Equity = $820.47
Profit +$120.47 (+17.21%) (8-19 trading days)

#10 Demo $136,258 (+36.26%) (4 trading days)
#9 Demo $133,485 (+33.48%) (4 trading days)
#11 Demo $130,632 (+30.63%) (4 trading days)
#8 Demo $127,245 (+27.45%) (17 trading days)

Combined results for demo accounts:
Deposit = $400,000
Net Equity = $527,620
Profit = $127,620 (+31.91%) (4-17 trading days)

Overall equivalent results of Live and Demo combined (Live = $200k + %)
Deposit = $1,100,000
Net Equity = $2,168,560
Profit = $1,068,560 (+97.14%) (4-44 trading days)
You cannot fail if you never give up.
  • #2,718
  • Jan 28, 2024 6:29pm Jan 28, 2024 6:29pm
January 29, 2024
EURUSD
How to Use FIBO Volatility levels?
Here is full detail with chart and pending orders.
On the chart, there are two lines. Blue and Pink.
Price levels on blue line are for Buy Stop order.
Price levels on pink line are for Sell Stop order.
Blue line (Buy Stop order) start at the level of 0.236 ( you can check the price tag of each level on the chart).
Pink line (Sell Stop Order) start at the level of 0.236 ( you can check the price tag of each level on the chart).
Area between Blue line 0.236 and Pink line 0.236 is no trade zone.
Today’s positions (Check Price tag on chart in video)
Buy Stop (Blue Line) 0.236 TP1 0.382 (BE) TP2 0.5 SL Sell Side 0.236
Sell Stop (Pink Line)0.236 TP1 0.382 (BE) TP2 0.5 SL Buy Side 0.236

Inserted Video
Love for all; Hatred for none.
  • #2,719
  • Jan 28, 2024 7:42pm Jan 28, 2024 7:42pm
There exist a free Mt4 indicator that does a good job of predicting volatility
Attached Image (click to enlarge)
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  • #2,720
  • Jan 29, 2024 3:19am Jan 29, 2024 3:19am
can price go to 782
Attached Image (click to enlarge)
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