Only EURUSD | Page 90 | 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

  • #1,781
  • Jun 18, 2024 8:13am Jun 18, 2024 8:13am
Quoting Leandro199
{quote} I'm with you on this. I was positioned at 1.07140 and the target of 1.07600 would be perfect haha
I meant SL 1.0668 haha

Keep an eye on PA & Resistance of 1.074 this is MAJOR resistance area with many confluences meeting in one spot. I think it will break, but i no longer like to predict, just watch, analyze & react
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #1,782
  • Jun 18, 2024 8:33am Jun 18, 2024 8:33am
Quoting ahmerjamil
H1: Bull Flag! {image}
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-06-18_06-32-45.png Size: 35 KB
Stop Procrastinating
  • #1,783
  • Jun 18, 2024 8:41am Jun 18, 2024 8:41am
Major resistance 1.0735 since last night, but do not let this deter you from your strategy (long or short). I think we will break soon.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #1,784
  • Jun 18, 2024 9:08am Jun 18, 2024 9:08am
Quoting PushnPull
Today is RBA and US retail sales, I'm expecting more support to Dollar strength, price reaction at weekly main pivot quite good, so another leg down is possible. The bulls had many chances but they rather sit tight, maybe this correction was just another bears action to sell high. But careful at weekly M2, which is around 1.0684, any pumping high at this level can excite the bulls to believe in double bottom. As bears, we won't sell bottom, but as bulls, we definitely buy it. I have my second short triggered at 1.0735 due to conjunction of H4 21-EMA...
My expectations on today has been humbled. But overall still a profitable month, so I closed my first short at 1.084
I too now have my eye on 1.077 ~1.076 area for another shot. My mind keep reminding of France elections in June 30th - July 7th, and this sure make buying EUR now a little bit of reckless. On the other hand, USD is making the same problem, economics data shows a need of cutting rates sooner, but FED action is quite questionable, they keep saying that decisions based on data but they ignored latest CPI.
I'm thinking maybe we will have another round like last year in this second haft 2024, markets will bet on more cuts in 2025 then when 2025 begin, that expectation will diminish once again. How lovely.
  • #1,785
  • Jun 18, 2024 9:11am Jun 18, 2024 9:11am
Quoting Fxgfitking
Major resistance 1.0735 since last night, but do not let this deter you from your strategy (long or short). I think we will break soon.
The resistance 1.0740 has been broken, now it should become a support,
  • #1,786
  • Jun 18, 2024 9:14am Jun 18, 2024 9:14am
Quoting Js3mwtRc
Ohhh! thats the bull, now it must keep. 1.0745 first resistance to 1.0765. Lets see!
Chart - 30 min
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 68 KB
Looking for profitable short term trades ...|
  • #1,787
  • Jun 18, 2024 9:26am Jun 18, 2024 9:26am
Quoting rehmatkhan00
{quote} The resistance 1.0740 has been broken, now it should become a support,
Correct!!
Stop Procrastinating
  • #1,788
  • Jun 18, 2024 9:54am Jun 18, 2024 9:54am
What the channel!

1 hour
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 60 KB
Looking for profitable short term trades ...|
  • #1,789
  • Jun 18, 2024 9:56am Jun 18, 2024 9:56am
Quoting Js3mwtRc
What the channel! 1 hour {image}
Yes it is
  • #1,790
  • Jun 18, 2024 10:10am Jun 18, 2024 10:10am
As of today m EUR callouts for the week have been on target, even with Data Took my profits & I am done for today, even while 1.078 is still the books, I am not in a rush hahaha - I mainly was aiming for 1.076

Here's a little proof of the call outs I did today. The higher we go the more sells get opened so be weary. 1.078-1.079 are targets I mentioned a few days ago with 1.08050 being the highest target in my radar.

Support of 1.074 is trying to be broken hard currently, but as I always say unless its evident that you are wrong, keep to your strategy & don't chase price.

Volume POC & VAH for current session is at 1.07328 ( So in my opinion this is the real support for the price.)

Green Pips to all
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_1800.jpg Size: 522 KB
Click to Enlarge Name: EURUSD_2024-06-18_11-15-37.png Size: 31 KB
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #1,791
  • Jun 18, 2024 10:14am Jun 18, 2024 10:14am
Quoting Js3mwtRc
What the channel! 1 hour {image}
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #1,792
  • Jun 18, 2024 10:16am Jun 18, 2024 10:16am
Quoting Leandro199
{quote} I'm with you on this. I was positioned at 1.07140 and the target of 1.07600 would be perfect haha
Did you TP or stay in to aim for higher?
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #1,793
  • Jun 18, 2024 10:45am Jun 18, 2024 10:45am
As long as long, it stays above 1.0730 we might chance to hit 1.0820-30 this week but if it fails to do so then we see a deeper correction or even a new lower low.
  • #1,794
  • Jun 18, 2024 10:50am Jun 18, 2024 10:50am
The EUR/USD pair experienced a temporary boost following the release of the US retail sales data for May, which indicated slower growth than anticipated. This development has increased the likelihood of a Federal Reserve interest rate cut in September, leading the pair to reach a high of 1.0761. However, the pair subsequently retreated due to technical factors and is now consolidating above the 1.0710 support level, which was established earlier after the ZEW sentiment data failed to exert a significant impact on the market.

Currently, the EUR/USD pair is holding within the 1.0710 and 1.0761 range, maintaining the potential for an upward correction towards 1.0764 and 1.0783. Tomorrow's trading session may see reduced liquidity and volatility in the US market due to the Juneteenth bank holiday, which will lead to market closures. As a result, traders should anticipate more significant movements during the European trading session.

It was great trading with you all, you are the best EURUSD traders keep it up!

See you tomorrow again!
Looking for profitable short term trades ...|
  • #1,795
  • Jun 18, 2024 11:03am Jun 18, 2024 11:03am
Quoting Js3mwtRc
The EUR/USD pair experienced a temporary boost following the release of the US retail sales data for May, which indicated slower growth than anticipated. This development has increased the likelihood of a Federal Reserve interest rate cut in September, leading the pair to reach a high of 1.0761. However, the pair subsequently retreated due to technical factors and is now consolidating above the 1.0710 support level, which was established earlier after the ZEW sentiment data failed to exert a significant impact on the market. Currently, the EUR/USD...
Thanks brother for your contribution and great analysis. Wish you good luck
  • #1,796
  • Jun 18, 2024 12:23pm Jun 18, 2024 12:23pm
Anyone got some updated analyses on what they see with EUR? I want to give mine, but would like some updated ideas to bounce off to get some more precision in my analyses.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
  • #1,797
  • Jun 18, 2024 12:37pm Jun 18, 2024 12:37pm
Quoting Fxgfitking
Anyone got some updated analyses on what they see with EUR? I want to give mine, but would like some updated ideas to bounce off to get some more precision in my analyses.
For me the price should hold and close above 1.0730 if it fails to do so then I might close my trades. Until now its been holding really well. About TP, I might hold upto 1.0820-30 if something comes up that point out a strong reversal to the downside then I may close it earlier In Sha Allah.
  • #1,798
  • Jun 18, 2024 12:42pm Jun 18, 2024 12:42pm
Quoting Fxgfitking
Anyone got some updated analyses on what they see with EUR? I want to give mine, but would like some updated ideas to bounce off to get some more precision in my analyses.
H4: TL's...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_2024-06-18_10-41-40.png Size: 96 KB
Stop Procrastinating
  • #1,799
  • Jun 18, 2024 12:53pm Jun 18, 2024 12:53pm
As for me,I closed my position just 5mins before the news release to secure profits,I saw Eur breaking 1.074 but it failed to hold the momentum of consolidating above it,and even the news released still support the dollar,the Only News to be traded are NFP, Interest Rate , CPI and COT report,the others are just noise,just like today's Noise of Eur Miraculous breaking 1.0740...

Eur did not also smell 1.075 a major key pivot point in the 4H chart,as for me,I will still stick with my Technical analysis,Be on the Sell...!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240618-204429.png Size: 39 KB
  • #1,800
  • Edited 2:25pm Jun 18, 2024 2:10pm | Edited 2:25pm
Quoting Stanbusiness
As for me,I closed my position just 5mins before the news release to secure profits,I saw Eur breaking 1.074 but it failed to hold the momentum of consolidating above it,and even the news released still support the dollar,the Only News to be traded are NFP, Interest Rate , CPI and COT report,the others are just noise,just like today's Noise of Eur Miraculous breaking 1.0740... Eur did not also smell 1.075 a major key pivot point in the 4H chart,as for me,I will still stick with my Technical analysis,Be on the Sell...!! {image}
A major D1 Pivot point is 1.07388 & H4 pivot points have been 1.0742 & 1.0745 which bulls are right on their tails. We are still above POC & we have buyers golden zone at around 1.07290. Many buyers are most likely waiting for this area. While long term selling is the goal, to jump on a sale right now ( Unless you are a bigger time frame swing trader) wouldn't be the smartest until we get more confluence for shorter/intra day trades.

P.s. Thats just my opinion, you could also very well be correct.
If 95% Of Traders Fail, Then Why Are You Doing The Same Thing They Are.
17 traders viewing now, 1 is registered:
JaniceKelly