Only EURUSD | Page 29 | 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: Only EURUSD
Exit Attachments

Only EURUSD

  • #561
  • Apr 26, 2024 10:25am Apr 26, 2024 10:25am
Quoting ahmerjamil
{quote} {image}
And, Based on H1, I am marking 1.0659 as support!
Good luck!
Stop Procrastinating
  • #562
  • Apr 26, 2024 10:27am Apr 26, 2024 10:27am
Quoting pedro319
{quote} Tks, don't forget to take some at 1.0660.
Yes!
Stop Procrastinating
  • #563
  • Apr 26, 2024 10:35am Apr 26, 2024 10:35am
Quoting Mitiblotch
{quote} Just in case nobody has told you, let me tell you that your projections are top-notch! That's the best word I can use to describe it. You are a solid, solid trader.
Pedro Is My Love!
Stop Procrastinating
  • #564
  • Apr 26, 2024 10:36am Apr 26, 2024 10:36am
Quoting pedro319
{quote} Tks, don't forget to take some at 1.0660.
What are your thoughts about taking them at 1.0653?
@Fran_Trades
  • #565
  • Apr 26, 2024 10:42am Apr 26, 2024 10:42am
Quoting FranG
{quote} What are your thoughts about taking them at 1.0653?
1.0660 is the minimum target for this move D1, market can either stop, bounce and even reverse.
If it continues down 1.0575 is next followed by 1.0545. Worst scenario for EU 1.0470 that is AB=CD extensions.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 9 KB
We watch the charts from every angle so you don't have to!!
  • #566
  • Apr 26, 2024 10:51am Apr 26, 2024 10:51am
At support now may have a bounce here
Attached Image (click to enlarge)
Click to Enlarge Name: E3802BBE-A94B-4155-9B93-4D091FD59ADB.png Size: 26 KB
ex nihilo
  • #567
  • Apr 26, 2024 10:52am Apr 26, 2024 10:52am
Quoting ahmerjamil
{quote} {quote} Are you happy Polimini!
i had to leave the screen, but very much so


btw there was a mistake there, i was also watching cable, i didn't mean 1.23 for this pair. My bad.
  • #568
  • Apr 26, 2024 10:54am Apr 26, 2024 10:54am
Quoting pedro319
{quote} 1.0660 is the minimum target for this move D1, market can either stop, bounce and even reverse. If it continues down 1.0575 is next followed by 1.0545. Worst scenario for EU 1.0470 that is AB=CD extensions. {image}
Thanks as always! That looks like a potencial H&S on H4, will be spotting it as well!
@Fran_Trades
  • #569
  • Apr 26, 2024 10:56am Apr 26, 2024 10:56am
Quoting volumennnt
Guys maybe you know, I looking for this indicator - I know only that it's UK producer and i must pay 60$ {image}
i have this one. It's great, does something similar.
Attached File(s)
File Type: ex4 Advanced Supply Demand v6.8_fix.ex4   100 KB | 242 downloads
  • #570
  • Apr 26, 2024 10:59am Apr 26, 2024 10:59am
Quoting FranG
{quote} Thanks as always! That looks like a potencial H&S on H4, will be spotting it as well!
These patterns are very common after Butterflies. The right wing of the butterfly forms the head of the H&S and the left wing the left shoulder straight away.
This will help us reading the market:
If it works (breaking under the neckline) we can pinpoint the target more accurately, if it fails (moving above right shoulder top, we know reversal is forming and more likely there won't be another low.
We watch the charts from every angle so you don't have to!!
  • #571
  • Apr 26, 2024 11:08am Apr 26, 2024 11:08am
Quoting pedro319
{quote} These patterns are very common after Butterflies. The right wing of the butterfly forms the head of the H&S straight away. This will help us reading the market: If it works (breaking under the neckline) we can pinpoint the target more accurately, if it fails (moving above right shoulder top, we know reversal is forming and more likely there won't be another low.
Brilliant and very interesting! Is it more likely for a H&S to be formed when the right wing of the Butterfly reaches the 1.618 FIB (as it's been in this case) vs when it only reaches 1.27 FIB? Or does the FIB level reached have no influence on the possibility of H&S formation?
@Fran_Trades
  • #572
  • Apr 26, 2024 11:12am Apr 26, 2024 11:12am
Quoting FranG
{quote} Brilliant and very interesting! Is it more likely for a H&S to be formed when the right wing of the Butterfly reaches the 1.618 FIB (as it's been in this case) vs when it only reaches 1.27 FIB? Or does the FIB level reached have no influence on the possibility of H&S formation?
I am not sure I have an answer for that but one thing I do know, most of the time the shoulders are AB=CD themselves.
We watch the charts from every angle so you don't have to!!
  • #573
  • Apr 26, 2024 11:15am Apr 26, 2024 11:15am
Everyone enjoy your weekend and as usual grateful to Pedro and Terry for their hardwork
  • #574
  • Apr 26, 2024 11:16am Apr 26, 2024 11:16am
Quoting Bloodwish
Everyone enjoy your weekend and as usual grateful to Pedro and Terry for their hardwork
You too pal, have a good one
  • #575
  • Apr 26, 2024 11:17am Apr 26, 2024 11:17am
i am out to for the weekend. I hope next week to be able to trade and be here more.
May the pips be with you guys
  • #576
  • Apr 26, 2024 11:19am Apr 26, 2024 11:19am
Terry is the main man
  • #577
  • Apr 26, 2024 11:19am Apr 26, 2024 11:19am
Quoting pedro319
{quote} I am not sure I have an answer for that but one thing I do know, most of the time the shoulders are AB=CD themselves.
Understood! I need to study about those AB=CD patterns, I'm far away from understanding and seeing them clearly. Thanks!
@Fran_Trades
  • #578
  • Apr 26, 2024 11:23am Apr 26, 2024 11:23am
Quoting FranG
{quote} Understood! I need to study about those AB=CD patterns, I'm far away from understanding and seeing them clearly. Thanks!
Best example I can give you, current DXY D1 multiple AB=CD chart.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
We watch the charts from every angle so you don't have to!!
  • #579
  • Apr 26, 2024 11:23am Apr 26, 2024 11:23am
Quoting Enagy
Terry is the main man
Thanks pal but just remember i post the analysis and i do get trades wrong so ya gotta control your risk and greed everytime. Dont go batting for home runs trying to double your account on every trade
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2024-01-29 at 06.08.20.png Size: 706 KB
  • #580
  • Apr 26, 2024 11:28am Apr 26, 2024 11:28am
Quoting pedro319
{quote} Best example I can give you, current DXY D1 multiple AB=CD chart. {image}
Will definitely save it. Appreciate it
@Fran_Trades
24 traders viewing now, 1 is registered:
JaniceKelly