EURUSD only | Page 9797 | 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

  • #195,921
  • Apr 30, 2024 11:12am Apr 30, 2024 11:12am
Falling wedge on the 5min. Worth at least 10-20 pips bull pips. I'll give it a few more minutes and pull the trigger.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240430_171053.jpg Size: 368 KB
  • #195,922
  • Apr 30, 2024 11:30am Apr 30, 2024 11:30am
Quoting Endoephemera
Looks like tomorrow will be the day we'll hit 1.065 and spike up 100-150 PiPs on the red data releases.
Exactly what might happen. Give room for a drop to 1.0620-30 area and then a furious rise to meet the new month's pivot. I'm happy when these idiots play this game. The monthly pivot is higher than where price is and price will have to touch it at some point. I will buy EVERY good dip tomorrow and then sell from the monthly pivot for a drop to 1.04 area.
  • #195,923
  • Apr 30, 2024 11:41am Apr 30, 2024 11:41am
Quoting Mitiblotch
Falling wedge on the 5min. Worth at least 10-20 pips bull pips. I'll give it a few more minutes and pull the trigger. {image}
I hope it happens so I can sell it from top
  • #195,924
  • Apr 30, 2024 11:43am Apr 30, 2024 11:43am
Quoting Mitiblotch
{quote} Exactly what might happen. Give room for a drop to 1.0620-30 area and then a furious rise to meet the new month's pivot. I'm happy when these idiots play this game. The monthly pivot is higher than where price is and price will have to touch it at some point. I will buy EVERY good dip tomorrow and then sell from the monthly pivot for a drop to 1.04 area.
though I agree with you. I don't think me or you are smarter then the bankers. we are small idiots. This can very well go to 1.060 or lower. Or the 1.04 level before any leg up. But I am in the camp of surge up. But who knows I am the idiot.
  • #195,925
  • Apr 30, 2024 11:47am Apr 30, 2024 11:47am
On daily timeframe, it’s still Break and retest so be careful with setting TP BELOW 1.0670. If daily closes below this level, this might be a strong indication of bears in total
control but it should be followed by a follow up bear candle for a confirmation.
  • #195,926
  • Apr 30, 2024 11:50am Apr 30, 2024 11:50am
May see a quick spike stop hunt. sort of double bottom. lets see
  • #195,927
  • Apr 30, 2024 11:54am Apr 30, 2024 11:54am
Quoting Matts Micro
Short. Looking for a push down to 1.0650 zone. Edit: Signaled for a long first, have moved SL and hedged with Long, I think we go up before down. {image}
SL -7 pips on buy
TS 56 pips on sell (added to position).

Entered long.

Looking at the 50% of the larger swing (blue rectangle).
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 134.png Size: 20 KB
As the lights go by so too do the shadows move
  • #195,928
  • Apr 30, 2024 12:39pm Apr 30, 2024 12:39pm
Quoting vinesh1
{quote} though I agree with you. I don't think me or you are smarter then the bankers. we are small idiots. This can very well go to 1.060 or lower. Or the 1.04 level before any leg up. But I am in the camp of surge up. But who knows I am the idiot.
They are smart but not necessarily smarter than us. They simply have very deep pockets. Can you imagine trading with $5bn with checks and balances to make sure you preserve your capital?
  • #195,929
  • Apr 30, 2024 1:12pm Apr 30, 2024 1:12pm
Quoting Ultras
Buy limit was hit @ 1.0690 at the bottom of the range, im looking for a few pips or more {image}
bad entry, didn't work

I opened another buy now since we hit the support and the green trendline.
Attached Image (click to enlarge)
Click to Enlarge Name: 1h.png Size: 163 KB
  • #195,930
  • Apr 30, 2024 1:18pm Apr 30, 2024 1:18pm
Meanwhile, on H4...

My post from this morning (or was it yesterday? hmm... can't remember) anyway.. Below you can see that bears clearly won this round.

Those who pay attention to my posts already know where the potential target is located as long as bears keep going...

Best wishes
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 20 KB
Focus only on what truly matters!
  • #195,931
  • Apr 30, 2024 1:33pm Apr 30, 2024 1:33pm
I went Long at 1.06800 with a S/L at 1.06720 - we shall see who prevails, but I have been thinking long 1.07800 since we hit bottom. Safe trading!
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #195,932
  • Apr 30, 2024 1:42pm Apr 30, 2024 1:42pm
I am marking ~1.0688 as nearest resistance on H1...

Waiting on sidelines to re-enter short again once opportunity shows..
Focus only on what truly matters!
  • #195,933
  • Apr 30, 2024 1:50pm Apr 30, 2024 1:50pm
Confluence high of the month and low 38 % fibo MA200 near
I think we go to 1,060
Now break of Chanel retest and down
Being following but no time to post
just my point of view
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_0783.jpeg Size: 430 KB
Click to Enlarge Name: IMG_0784.jpeg Size: 903 KB
Scalping
  • #195,934
  • Apr 30, 2024 3:20pm Apr 30, 2024 3:20pm
Quoting Oc6oph
{quote} closed +29 Long at 1.0703
Currently down about 30 pips right now. Last day of the month. I believe May’s candle may retrace up to the 1.0770 area. Currently 20 pips below 1.0690 which has acted as support. Going to look to short again somewhere between 1.0730 and 1.0770
Attached Image (click to enlarge)
Click to Enlarge Name: 4CCC65DC-3AB6-41C9-AB22-480F27A9605B.png Size: 22 KB
ex nihilo
  • #195,935
  • Apr 30, 2024 3:23pm Apr 30, 2024 3:23pm
What do you expect from the FOMC tomorrow? We see higher inflation, a hot labour market, and below expectations of GDP. The market already trades less than 3 cuts this year. Most of the expectations are for 1 or even no cuts. From what I see the traders just wait for a reason to sell. What can make the pair explode tomorrow and not sink what most of us expect?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 101 KB
Dreams don't work unless you do
RealDeal All Time Return: -73.9%
  • #195,936
  • Apr 30, 2024 3:29pm Apr 30, 2024 3:29pm
EURUSD -4HRS
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-05-01 015853.jpg Size: 75 KB
  • #195,937
  • Apr 30, 2024 4:43pm Apr 30, 2024 4:43pm
Quoting Kodzhamanov
What do you expect from the FOMC tomorrow? We see higher inflation, a hot labour market, and below expectations of GDP. The market already trades less than 3 cuts this year. Most of the expectations are for 1 or even no cuts. From what I see the traders just wait for a reason to sell. What can make the pair explode tomorrow and not sink what most of us expect? {image}
What I can think of is a good retracement inside the order block or inside the inefficiency on the dollar index(USDX) after today's pull-up.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-05-01 at 0.20.08.png Size: 67 KB


Even a good deeper retracement on the 1D chart USDX inside the 50% Fib from the previous inefficiency but very unlkely.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-05-01 at 0.21.22.png Size: 65 KB


Otherwise on the monthly chart I think this month we are going to hit 107-107.4 on the USDX to give a fair price for bears.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-05-01 at 0.22.39.png Size: 69 KB


If this happens in the next few days and is correlated with taking the sell side liquidity below 1.0600 on the EURUSD, I'd like to see weak USDX which may be a sign for a bull run on the EURUSD. And if the USDX retracement goes to 75% of this inefficiency and continue for the order block it may take out the previous highest high and sell side liqudity(buy stops and stop losses).


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-05-01 at 0.37.36.png Size: 69 KB


Which will be a drop to 1.02440 to fill the gap for the EURUSD


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-05-01 at 0.39.07.png Size: 59 KB
GMT(+3)
  • #195,938
  • Apr 30, 2024 5:08pm Apr 30, 2024 5:08pm
Attachment g
i hope to see this
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
  • #195,939
  • Apr 30, 2024 10:28pm Apr 30, 2024 10:28pm
EUR/USD broke 1.0690/74 and now its dropping with 1.0643 as a target, below further it can reach 1.0624. Today we may see more volatility, because its the start of the month, happy May!

Daily volatility (range) 68 pips

Option expiries for Tuesday: 1.0650 (EU1.18b), 1.0575 (EU740m), 1.0610 (EU590.1m) source: financialjuice.com

Significant news - US ADP Employment Change, JOLTS Job Openings, US Interest Rate Decision & FOMC

1 hour
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-05-01_06-22-38.png Size: 71 KB
Looking for profitable short term trades ...|
  • #195,940
  • Apr 30, 2024 10:38pm Apr 30, 2024 10:38pm
Now bears should hold 1.0680 level if they fail then bulls can become activated again and this time price can shoot up to 1.0770 or even 1.0880. However, this will be decided today after today's high impact data and FOMC press conference.
131 traders viewing now, 14 are registered:
Sabbir0707
,
TH2003
,
Genimi
,
Akash045
,
sidhgenius
,
Satelly
,
GainingBucks
,
Jotunnonus5
,
F.g
,
tehboy
,
Ata-Turkoglu
,
khederzadeh
,
zineb
,
Polimini