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EURUSD only

  • #200,461
  • Jul 25, 2024 8:35am Jul 25, 2024 8:35am
Quoting Bloodwish
{quote} Depends on how you read it Fundamental traders use multiple data to determine trends But us technical traders consider it BS . Whatever works man
Yup bro and technically EU seems to be bearish therefore waiting for the support to break down
  • #200,462
  • Jul 25, 2024 8:39am Jul 25, 2024 8:39am
Please yes, go lower..
Thats good for more fresh entries hehehe

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  • #200,463
  • Jul 25, 2024 8:42am Jul 25, 2024 8:42am
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  • #200,464
  • Jul 25, 2024 8:53am Jul 25, 2024 8:53am
I would call this choppy
But overall as brother ata said bears have the upper hand
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  • #200,465
  • Jul 25, 2024 8:57am Jul 25, 2024 8:57am
Meanwhile, on H1..

Bulls are confused and bears are in no hurry..

Oh what fun it is to ride in a one horse op... oops wrong season
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Focus only on what truly matters!
  • #200,466
  • Edited 10:02am Jul 25, 2024 9:15am | Edited 10:02am
Dear Mr. Ata Turkoglu
Can we always present in the market with pairs like EURUSD? I mean to have short position and save them to the point where we decide to start buy positions, visa verse... (just be out of the market before big news like interest rates).
and can I know your view point about usdchf comparing with eurusd, I mean is it rational to change between these two option or it is better to focus just eu because they have usually similar action based on usd strength.
  • #200,467
  • Jul 25, 2024 9:35am Jul 25, 2024 9:35am
Quoting KnightAR33
Dear Mr. Ata Turkoglu Can we always be in the market with pairs like EU? I mean to be short and save our position to the point where we decide to buy the position, visa version... just be out before big news like interest rates. and can I know your view point about usdchf comparing with eurusd, I mean is it rational to change between these two option or it is better to focus just eu because they have usually similar action based on usd strength.
Brother DM him
  • #200,468
  • Edited 9:51am Jul 25, 2024 9:36am | Edited 9:51am
Quoting KnightAR33
Dear Mr. Ata Turkoglu Can we always be in the market with pairs like EU? I mean to be short and save our position to the point where we decide to buy the position, visa version... just be out before big news like interest rates. and can I know your view point about usdchf comparing with eurusd, I mean is it rational to change between these two option or it is better to focus just eu because they have usually similar action based on usd strength.
Sorry but your question doesn't make sense to me... What?! to be short and save our position to the point where we decide to buy the position? Whaaat? I really don't get it.. Could you clarify your question or re-phrase please? I can answer correctly once I properly understand the question.

And chf correlation is off-topic... Please visit page 1 to understand our rules first..

Thanks in advance
Focus only on what truly matters!
  • #200,469
  • Jul 25, 2024 9:51am Jul 25, 2024 9:51am
I mean, for example in the EURUSD, could we have some short position until our buying position will be started in EURUSD.
Can we always present in the eu market by ether short or buy positions
thanks, yes, I read the rules last month but my second question is: is it satisfactory to focus just EurUsd in forex market
  • #200,470
  • Jul 25, 2024 9:56am Jul 25, 2024 9:56am
Meanwhile, on H4...

On this timeframe things are about to get heated: Watch 1.0860!
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Focus only on what truly matters!
  • #200,471
  • Jul 25, 2024 10:01am Jul 25, 2024 10:01am
Quoting KnightAR33
I mean, for example in the EU, could we have some short position until our buying position will start in EU. Can we always present in the eu market by ether short or buy positions thanks, yes, I read the rules last month but my second question is: is it satisfactory to focus just EU in forex market
You are free to try that.. Not easy at all though because trends are almost always followed by sideways, choppy sessions where price fluctuates. You could get a better price if you waited on sidelines after exiting. Because nobody is perfect all the time to enter/exit right at the tops and bottoms. We might achieve that here and there but it can not be turned into a rule. Nobody is that skilled. Nobody! Not even Chuck Norris.... or wait maybe he is. lol

So, the normal way for us mere mortals is to get out and wait for the next best entry.

And yes.. one pair is satisfactory.. doesn't matter which one as long as you trade a mostly moving one.. EURUSD is fun to trade.. boring sometimes but happily those times are rare..
Focus only on what truly matters!
  • #200,472
  • Jul 25, 2024 10:06am Jul 25, 2024 10:06am
Quoting Ata-Turkoglu
Meanwhile, on H4... On this timeframe things are about to get heated: Watch 1.0860! {image}
yes I see the resistance about 1.0862. do you think it will break or try to retest 1.0806 level. I'm in long at 1.0833
  • #200,473
  • Jul 25, 2024 10:08am Jul 25, 2024 10:08am
Quoting 1mdtreeman
{quote} yes I see the resistance about 1.0862. do you think it will break or try to retest 1.0806 level. I'm in long at 1.0833
When looking at German data.. all red... Even if it breaks I think eventually we will continue lower.. Other than that I have no anticipation right now.. Waiting on sidelines.. Just watching pa..

Edit:
Bulls achieved breakout on H1... That forces me to switch to bullish!
1.0850 is now candidate to become support.

Good luck
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Focus only on what truly matters!
  • #200,474
  • Jul 25, 2024 10:12am Jul 25, 2024 10:12am
Quoting Ata-Turkoglu
{quote} When looking at German data.. all red... Even if it breaks I think eventually we will continue lower.. Other than that I have no anticipation right now.. Waiting on sidelines.. Just watching pa.. Edit: bulls achieved breakout on H1... That forces me to switch to bullish! Good luck
return lower to 1.0806. before retesting 1.0888
  • #200,475
  • Jul 25, 2024 10:14am Jul 25, 2024 10:14am
Quoting 1mdtreeman
{quote} return lower to 1.0806. before retesting 1.0888
Noted... Let's see..

*1.0870 is AB=CD completion point on H1 and H4...
Focus only on what truly matters!
  • #200,476
  • Jul 25, 2024 10:19am Jul 25, 2024 10:19am
Quoting fxcontest
Buy 0833 - 0843, TP before 0867
Nice, 2 Buy cycle and.... TP All
Holy Betting Grail strategy
  • #200,477
  • Jul 25, 2024 10:24am Jul 25, 2024 10:24am
This is a sell for me.
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  • #200,478
  • Jul 25, 2024 11:08am Jul 25, 2024 11:08am
H4 need to overcome many resistance before we go up,thats for me
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  • #200,479
  • Jul 25, 2024 11:13am Jul 25, 2024 11:13am
Bullish from 1.0840 tomorrow gonna be a Good Friday for me
  • #200,480
  • Edited 12:51pm Jul 25, 2024 12:12pm | Edited 12:51pm
We arrived at AB=CD on H4: 1.0870... Now we must see if bulls can protect 1.0855 area..

*For me: It is rinse & repeat buying dips and new breakouts until basic logic fails! Go bulls go!
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