EURUSD only | Page 9817 | 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

  • #196,321
  • May 7, 2024 9:02am May 7, 2024 9:02am
Quoting krvfz786
Entering a long position on EURUSD at 1.07568 with a 10 pip stop loss. This area seems to be the buyers' stop loss point. Going short now might be a bit risky as the pair is showing bullish momentum. If price hits my stop loss, I'll be eyeing a sell entry around 1.07772. I understand I might be going against fundamentals, but as they say, price is always king. {image}

Closing out my last EUR/USD buy trade now. Switching gears to a short position, with a trailing stop-loss and a tight SL. Let's see where the market takes us
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 66 KB
  • #196,322
  • May 7, 2024 9:02am May 7, 2024 9:02am
Quoting Ata-Turkoglu
Crucial moments for H1 bulls... Can they break above 1.0780? Let's see...
H1 close not so confident for bulls
  • #196,323
  • May 7, 2024 9:10am May 7, 2024 9:10am
Big option expiries (1.2b) few min ago
need time about 1 hour to find dose it make big bear pressure or not
  • #196,324
  • May 7, 2024 9:11am May 7, 2024 9:11am
Quoting Js3mwtRc
EUR/USD rose to 1.0790 at monday but failed to move above after only to drop to Asian low of the range and consolidate around. No significant news today on the calendar so Tuesday flows should move EU inside the range or break and continue to a level. Support is at 1.0750 and resistance at 1.0800. More on the 1 hour chart below. Daily volatility (range) 39 pips Option expiries for Monday: 1.0725 (EU1.05b), 1.0700 (EU782.3m) source: financialjuice.com {image} Have a great week ahead! {quote} Zoom in 15 min {image}
EU advanced to R1 daily but needs more to reach at 1.0795 - 1.0800.

15 min
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 54 KB
Looking for profitable short term trades ...|
  • #196,325
  • May 7, 2024 9:17am May 7, 2024 9:17am
78% of the market sentiment is short.
  • #196,326
  • May 7, 2024 9:48am May 7, 2024 9:48am
Quoting chacho.fx
78% of the market sentiment is short.
Most importantly, its RETAIL that is short. From the data that I have its only 65%. But thats still fairly one-sided. So I doubt it will last. Im getting out of my short at 1.07721. Then I wait and see how the market reacts.
  • #196,327
  • May 7, 2024 10:28am May 7, 2024 10:28am
All this imbalance has to be filled before a meaningful uptrend imo. Probably next week after data.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
  • #196,328
  • May 7, 2024 10:30am May 7, 2024 10:30am
same pattern repeating like yesterday. Short to the end of the session.
When you see it, BET big.
  • #196,329
  • May 7, 2024 10:35am May 7, 2024 10:35am
Quoting chacho.fx
78% of the market sentiment is short.
When we where bearish on the way don to 1.0600 market sentiment was like 58% long if i recall so I kept buying longs and loosing. Not certain, but remember if most people are going short, they will profit by going long from losses. Just use that as feedback. We're still bullish. I am also waiting for a bearish push btw, but I've been long and winning until more bearish confirmation. I thought we would hit 1.074 last night but the bulls fought that off. ( BTW not advice or anything, just from experience - I like to share & also use members analysis as well to learn & make better decisions.)
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #196,330
  • May 7, 2024 10:41am May 7, 2024 10:41am
Quoting Rennaissance
same pattern repeating like yesterday. Short to the end of the session.
Good catch are you on. M15?
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #196,331
  • May 7, 2024 10:42am May 7, 2024 10:42am
On fundamental side: can we attribute this strong downward movement to Kashkaris comment “most likely we stay put on rates for extended period of time” ?
  • #196,332
  • May 7, 2024 10:47am May 7, 2024 10:47am
Yes, I forgot to mention. It is retail data. When I saw that I wasnt too pleased. Im currently short from 1.07875, wont be selling it for a while. Fundamentally however, Europe is more than ready to cut rates, the US isn't even close. Because a cheaper Euro is inflationary, they have to go at the same time. That would mean downturn in the Euro area whilst inflation cools in the US. Not looking too pretty.
  • #196,333
  • May 7, 2024 10:52am May 7, 2024 10:52am
Quoting Bflyfx
Sell rallies 1.0775-90 {image}


Next sell order 1.0835 but for now this one is working fine.
I only follow traders with IQ above 160
Challenge Tour All Time Return: -79.9%
  • #196,334
  • May 7, 2024 10:59am May 7, 2024 10:59am
The EUR/USD pair has been demonstrating a slight upward trend on the daily chart, but it appears to be consolidating at lower timeframes. After finding support at the Monday low of 1.0755, the pair advanced higher, reaching 1.0787, which is close to its previous high of 1.0790 and the upper bound of the current range.

However, the pair's progress seems to have stalled at this level. For the uptrend to continue, the EUR/USD would need to break above the range and target 1.0800/1.0812, which was Friday's NFP high. Conversely, a drop below 1.0755 could indicate a shift in sentiment, potentially giving the bears an opportunity to take control towards 1.0725/00.

Overall, while there is a small upward trend, the EUR/USD pair remains in a consolidation phase at lower timeframes. You should keep an eye on key support and resistance levels to anticipate potential breakouts or changes in direction.

Now, it's time for me to sign off and recharge for tomorrow's trading session. I wish you all a successful and fruitful day ahead, filled with profitable trades and many green pips!

4 hours
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-05-07_18-57-12.png Size: 96 KB
Looking for profitable short term trades ...|
  • #196,335
  • May 7, 2024 11:03am May 7, 2024 11:03am
Quoting Fxgfitking
{quote} Good catch are you on. M15?
Not really, just a pattern.
When you see it, BET big.
  • #196,336
  • May 7, 2024 11:55am May 7, 2024 11:55am
Quoting Rennaissance
same pattern repeating like yesterday. Short to the end of the session.
Same sentiment here... we'll see.

  • #196,337
  • May 7, 2024 12:23pm May 7, 2024 12:23pm
Quoting Rennaissance
same pattern repeating like yesterday. Short to the end of the session.
bingo. Cash out
When you see it, BET big.
  • #196,338
  • May 7, 2024 12:58pm May 7, 2024 12:58pm
Quoting Rennaissance
{quote} bingo. Cash out
Same. Three trades today. All winners. All small, but profitable moves. I hope you made out well.
  • #196,339
  • May 7, 2024 1:02pm May 7, 2024 1:02pm
... back on track ...
... smells good for the bulls so far ...

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 19 KB
Perfection is the enemy of good enough!
  • #196,340
  • May 7, 2024 1:05pm May 7, 2024 1:05pm
Quoting Endoephemera
It takes an infinite patience to see the mofo do what the mofo must.
when I started I used to sit there and wait, now I just set alerts & the mofo always gets there, even when it seems impossible
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
82 traders viewing now, 8 are registered:
shimeji
,
catafx
,
tehboy
,
Ata-Turkoglu
,
edboy
,
ceciliago
,
FXsabre
,
Kizzya