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EURUSD only

  • #196,421
  • May 8, 2024 11:26am May 8, 2024 11:26am
Quoting Js3mwtRc
Not much happened, EU traded in a 23 pips tight range, tomorrow we should see more pips and an extension of the recent range up or down. It was great trading with you today! I look forward to see more about your insights. Until then, have a great day!
I’ll wait for the exit of thiis boring zone 55% is a good goal since the beginning of this year it’s good , greedy is a sin that could kill us .
I Think tomorrow we may see 1,08 the top of the Chanel
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Scalping
  • #196,422
  • May 8, 2024 12:08pm May 8, 2024 12:08pm
Quoting mtako
{quote} Love your style mate ! Sounds like poetry to me (with some true hidden trading gems, when put in practice) !{quote}My pleasure mate, thank you. Yes, in this thread, better not mention any other pair or one persons' trading without any eurusd specifics. Thanks for that ! Quick answer, but for more info, better go in my profile and go through past posts, like I suggest any learner do with many other sharers as well : As my shares attest, I trade setups using 1min to 12H, but when I get well enough positioned with enough of those,...
Yes I apologize Ata I didnt mean to digress too far. and thank you for you response mr. tako much much appreciated Im gonna read up on some tako history
  • #196,423
  • May 8, 2024 1:24pm May 8, 2024 1:24pm
Quick surprise update !!!

Yes, a lot of 2-3pips today !!!!
Quoting mtako
>0645 Buy <0640 Sell..
Quoting mtako
>0692 Buy <0687 Sell..
Quoting mtako
>0728 Buy <0723 Sell..
Quoting mtako
>0720 Buy <0715 Sell..
Quoting mtako
>0700 Buy <0695 Sell..
Quoting mtako
..>0685 Buy <0680 Sell..
Quoting mtako
>0713 Buy <0708 Sell..
Quoting mtako
...Price now 0729 >0730 Buy <0725 Sell
Quoting mtako
..Price now 0790 >0782 Buy <0777 Sell...
Quoting mtako
...Price now 0760 >0760 Buy <0755 Sell...
Quoting mtako
.. Price now 0788 >0790 Buy <0785 Sell {image}
Quoting mtako
..Price now 0751 >0753 Buy <0748 Sell..
Quoting mtako
..Price now 0739..>0740 Buy <0735 Sell..
Quoting mtako
..Price now 07515..>0755 Buy <0750 Sell...
Price now 07435..
>0744 Buy
<0739 Sell

For those who have no scalping strategy, here is my friend that feels your pain during tiny days(I know what its like!), cheers and good night !!! :
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #196,424
  • May 8, 2024 1:48pm May 8, 2024 1:48pm
Quoting Leandro199
{quote} The market is very ugly, without strength, totally disappointing. Someone bring some medicine to increase the libido of bulls
!!!
Quoting ethmageeth
{quote} Yes I apologize Ata I didnt mean to digress too far. and thank you for you response mr. tako much much appreciated Im gonna read up on some tako history
Quoting SitNsy2BClv
{quote} I think I grasp you now. I'll check your profile and other posts to get a better understanding. I've never paid much attn. No offense, I don't pay anybody much. Anyways, do you have a specific equation you use?
no particular equation. I use many different strategies. No offense, I understand, I also pick some bits here and there to feed my insatiable curiosity, passion and inspiration. I regard many past shares by many different members like goldmines for the curious, the learner, the strategy developing minds, etc.

Cheers to all and happy discovery to you who, like I did so many times and with the greatest pleasure, uses forexfactory like a good newspaper to read in the morning !!!!

And for those of you like my post only because they make you laugh, no matter the reason or the way. I appreciate it so much!!, thank you, and you are most welcome (you have to have seen Casino!):
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If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #196,425
  • May 8, 2024 1:59pm May 8, 2024 1:59pm
potential dragonfly doji on 4hr. Next 4hr close will tell us the direction. zzzzzz
  • #196,426
  • May 8, 2024 2:26pm May 8, 2024 2:26pm
Quoting JohnPlayS
{quote} I'm short @ 1.07971. I have 30 pips now, but contemplating letting it ride over the weekend. Correct me if I'm wrong, the seller has the advantage when it comes to interest on held positions.
Hope everyone made some pips today. I'm finally off work for the rest of the week and caught up on the Forum. I love all the opinions. I'm still SHORT since last Friday @ 1.0797. COME ON BEARS!
  • #196,427
  • May 8, 2024 4:23pm May 8, 2024 4:23pm
Good evening, I hope all is well with you. For tomorrow, I have marked 1.0762 as resistance, and 1.0734 as support. 1H chart;
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  • #196,428
  • May 8, 2024 5:17pm May 8, 2024 5:17pm
Reversing my bearish Forcast. I believe we take out last's week high.
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When you see it, BET big.
  • #196,429
  • May 8, 2024 6:00pm May 8, 2024 6:00pm
Quoting Rennaissance
Reversing my bearish Forcast. I believe we take out last's week high. {image}
I was thinking of taking the loss on my short.
Please enlighten reasons for this bullishness (dxy index, news, technicals etc perhaps). Thanks
  • #196,430
  • May 8, 2024 6:32pm May 8, 2024 6:32pm
Quoting JohnPlayS
{quote} Hope everyone made some pips today. I'm finally off work for the rest of the week and caught up on the Forum. I love all the opinions. I'm still SHORT since last Friday @ 1.0797. COME ON BEARS!
I am also short since Friday @ 1.0793. my target is 1.0695. do you have a similar target?
  • #196,431
  • May 8, 2024 7:12pm May 8, 2024 7:12pm
Quoting ykk76
{quote} I was thinking of taking the loss on my short. Please enlighten reasons for this bullishness (dxy index, news, technicals etc perhaps). Thanks
I'm long unless we drop 1.0725. Where still bulish on the D1/H4 & yesterdays D1 candle was almost a hammer. I could be totally wrong, but also we have USD Unemployment tomorrow & 30 YBA & if that comes good, the EUR will drop. Maybe they will go bullish & bring it up for if the Folders in the next few days go against the EUR at least they will be falling from a higher position. I have TP at 1.076 & 1.078 - I would go 1.08 but first I'd like to see 1.06. I'm waiting for a retest possibly of 1.0735- 1.074 (we are almost there now)... All I know is if bulls don't hold that... Yea IMO My bullish sentiment meter will deff go down They also like a nice drop before a bullish push = bigger profits. Also I haven't kept up much with whats going on in Israel but that can deff impact it so maybe I will catch up with that tonight.

** Everything I mentioned is just from experience of what I have seen done/play out in the past.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #196,432
  • May 8, 2024 7:25pm May 8, 2024 7:25pm
Quoting ykk76
{quote} I was thinking of taking the loss on my short. Please enlighten reasons for this bullishness (dxy index, news, technicals etc perhaps). Thanks
Why would you Close it? We still are on a downtrend. Not sure where you went short, but we aren't far from yesterdays low. If you see a lot of struggle & doubt the trade, I usually wait for the closest to opening & close. It's still has a good momentum down.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #196,433
  • May 8, 2024 7:30pm May 8, 2024 7:30pm
Quoting Rennaissance
Reversing my bearish Forcast. I believe we take out last's week high. {image}
Are you the OPPS trying to trick us? I'm kidding, but I'm long too. I did see your bearish post a few back , why the change of ?
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #196,434
  • Edited 8:52pm May 8, 2024 8:23pm | Edited 8:52pm
Quoting 1mdtreeman
{quote} I am also short since Friday @ 1.0793. my target is 1.0695. do you have a similar target?
1.0694 range or let it ride. But the reason I wanted in a sell position is the Trump factor. The closer he gets to the White House, the stronger the Dollar will be! It will go way down once he becomes President again. This is why I got back into FOREX.

However, the Bears are having trouble with this 1.7400 area at the moment! Argggg
  • #196,435
  • May 8, 2024 8:55pm May 8, 2024 8:55pm
Quoting Fxgfitking
{quote} Are you the OPPS trying to trick us? I'm kidding, but I'm long too. I did see your bearish post a few back , why the change of ?
cause things have changed lol.
When you see it, BET big.
  • #196,436
  • May 8, 2024 8:57pm May 8, 2024 8:57pm
Quoting ykk76
{quote} I was thinking of taking the loss on my short. Please enlighten reasons for this bullishness (dxy index, news, technicals etc perhaps). Thanks
Most traders wait until a bullish trend appear to go long. I m just trying to Forcast the next move before others. Cheers!
When you see it, BET big.
  • #196,437
  • May 8, 2024 9:09pm May 8, 2024 9:09pm
Quoting JohnPlayS
{quote} 1.0694 range or let it ride. But the reason I wanted in a sell position is the Trump factor. The closer he gets to the White House, the stronger the Dollar will be! It will go way down once he becomes President again. This is why I got back into FOREX. However, the Bears are having trouble with this 1.7400 area at the moment! Argggg
I think Bulls & Bears are having trouble here
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #196,438
  • May 8, 2024 9:19pm May 8, 2024 9:19pm
Quoting Fxgfitking
{quote} I think Bulls & Bears are having trouble here
Bulls (Biden) vs Bears (Trump)
  • #196,439
  • May 8, 2024 10:40pm May 8, 2024 10:40pm
EUR/USD continued the consolidation phase between 1.0735 - 1.0757 at the Asian session if, EU breaks should reach next, above the range at 1.0765 for a test and down and below at 1.0725. More power there after from bears or bulls should be treaded accordingly - see 1 hour chart.

Daily volatility (range) 38 pips

Option expiries for Monday: 1.0625 (EU1.29b), 1.0800 (EU1.18b), 1.0775 (EU1.07b) source: financialjuice.com

Significant news - US Initial Jobless Claims

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Green pips!
Looking for profitable short term trades ...|
  • #196,440
  • May 9, 2024 12:04am May 9, 2024 12:04am
Just when I get excited that I see bulls show up, bears show right back up. Leaving my long open, but going to sleep this is just a back and forth right now & my hairline might be getting affected The fact that I don't feel as confident on my long says something. We don't know for sure with the market, & I usually don't like going against the USD, but I am this time due to several factors until the new Red folders show up, but even without those, bulls are struggling. You haven't won or lost a trade unless it hit's TP, SL, Or you close it, so neither has happened for me , but jeez. Goodnight. I might wake up at 2AM to check, but hopefully I'm to tired to even care
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
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