Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Trading EURUSD only 43,755 replies

LIVE Trades Only : EURUSD & GBPUSD 122 replies

Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies

Eurusd-5m Trading Only 109 replies

Script to change EA to long only/ short only at a price level? 1 reply

Attachments: EURUSD only
Exit Attachments

EURUSD only

Quick Weekly Outlook

  1. Still, a lot can happen at these highs, especially while AB=CD area has not been properly retested, bulls are probably lurking and waiting for opportunities to give bears hard times.
  2. I suggest to patiently stay with bears until bulls clearly show.
  3. August candle's momentum was really strong. Bears are definitely not done with this wave 1 down! Only after wave 1 is truly complete, we can enjoy a bullish wave 2, up until price gets into the zone of tricks and shenanigans.

But no need to rush! This is the weekly... Plenty of time to decide! We go step by step!

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-W1.png Size: 26 KB
Be a seer, not a looker!
downside direction is ticked
buy you need to select your entries for sell
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 29 KB
Price is showing weak bullish momentum after the breakout of the trendline and has respected a resistance area of 1.10750 am entered my selling positions and place SL at recent lower high
Attached Image (click to enlarge)
Click to Enlarge Name: TradingView_Screenshot_1725288700418.jpg Size: 238 KB
Perhaps DR1 was a target for today. It's ~ 18 pips up from the daily pivot. It's ~ done. I'm + 15 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-roboforex-ltd.png Size: 12 KB
Quoting Ata-Turkoglu
Quick Weekly Outlook Still, a lot can happen at these highs, especially while AB=CD area has not been properly retested, bulls are probably lurking and waiting for opportunities to give bears hard times. I suggest to patiently stay with bears until bulls clearly show. August candle's momentum was really strong. Bears are definitely not done with this wave 1 down! Only after wave 1 is truly complete, we can enjoy a bullish wave 2, up until price gets into the zone of tricks and shenanigans. But no need to rush! This is the weekly... Plenty of time...
Thanks brother for all your hard work
H4 Outlook

  1. Because we have no news, there are not many stimulants for this pair.
  2. Overall, the H4 timeframe is still bearish, and I am careful with long orders, because 1.1076 resistance area could reject bulls out of nowhere.
  3. If bears can protect ~1.1076-ish area, we might easily go down again for a new attempt to break lower.
  4. However, if bulls push harder than expected and achieve a pump to ~1.1102 or even ~1.1127, just know that we then would still be in bearish territory and any longs would be therefore always at bigger risk! So you might dare to scalp long here and there, but just know that with this climate, buying is riskier than selling at the moment!

My two cents... Calling it a day with hopes to continue tomorrow...

Cheers

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H4.png Size: 19 KB
Be a seer, not a looker!
Ranging most of the day today.. But I can assure you that BEARS are still in control. Whether they eventually let go of the control and hand of over to the BULLS, price levels going 1.11125 or 1.11150. Anything above that mean BEARS are handing over to BULLS!

Till then I'm just going short on every pullback. .Closing shop, Quite day, we'll see tomorrow!
Hello, thank you for the thread ive been only looking at one currency pair. EUEUSD when i master just one than i will watch other currencies. Question, i have no one to ask lol so what data service do you use if you trade forex? Like depth of market i want to know if there are more buyers than sellers and i want to know how much liquidity is above the market and below the market maker has. DOM. Something that shows volume. Thank you i appreciate any decent feedback, i want to be the best trader i can be.
Quoting vinesh1
{quote} Common lower high. lets do this and take it down to 1.07. long journey.
still looking at this. Probably by end of the month. Take out Aug lows before another run up. Let's see
EURUSD consolidation doesn't seem to be over yet, it's still going up and down near the middle band line. Prices may still be in the previous range. Today's US Manufacturing PMI economic data is expected boost to volatility.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 03 09 2024 d1.png Size: 13 KB
I trade at FXOpen
Meanwhile, on H1...

Waiting for London opening... We are inside a tiny trap channel: 1.1051/62 area..

I want to see a clear breakout. Which side it will be is a mystery! My inner voice says it will be bulls, but we can't be sure.

Best is to wait for a clear sign. No rush!

Happy Tuesday to all
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 20 KB
Be a seer, not a looker!
Quoting Ata-Turkoglu
Meanwhile, on H1... Waiting for London opening... We are inside a tiny trap channel: 1.1051/62 area.. I want to see a clear breakout. Which side it will be is a mystery! My inner voice says it will be bulls, but we can't be sure. Best is to wait for a clear sign. No rush! Happy Tuesday to all {image}
I think this time after reclaiming area 60, bulls may easily break through 70 resistance
Quoting rehmatkhan00
{quote} I think this time after reclaiming area 60, bulls may easily break through 70 resistance
Some also believe in area 51.. Time will tell..
Be a seer, not a looker!
Quoting Ata-Turkoglu
{quote} Some also believe in area 51.. Time will tell..
yup nothing is for sure and there is always possibilities which we believe can occurs
My read to Right of the chart today.

I think we are looking at an hourly H&S setup before a larger surge to the downside. 2 scenarios are marked for topside. I think it will be the first with a shallow 38.2% fib correction due to the depth of momentum of this current downside swing (still watching the daily completed Gartley for direction until proven otherwise).

Don't mind the double entry... screwed my lot sizing up due to recent trading on Gold.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 219.png Size: 25 KB
As the lights go by so too do the shadows move
To me nothing is going straight
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
here
SELL ONLY
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
Based on H1, 1.1048 is the last man standing for bulls... If that level breaks I keep selling.. Waiting to see! Clock is ticking!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 22 KB
Be a seer, not a looker!
Quoting Matts Micro
My read to Right of the chart today. I think we are looking at an hourly H&S setup before a larger surge to the downside. 2 scenarios are marked for topside. I think it will be the first with a shallow 38.2% fib correction due to the depth of momentum of this current downside swing (still watching the daily completed Gartley for direction until proven otherwise). Don't mind the double entry... screwed my lot sizing up due to recent trading on Gold. {image}
Got knocked out of long. The bears are afraid of the ST H&S.

Entered short for another step downside.
As the lights go by so too do the shadows move
BEARS, BEARS . Having not only CONTROL but eating as much too!
Infact BULLS should just wait on the sidelines for now. Otherwise the mountain edge plunging is quite deadly for their design. Lol
69 traders viewing now, 10 are members:
Cornabu
,
coolcov
,
Chicago-Greg
,
sumi
,
MAchoudhry
,
,
Tobib80
,
,
BobaFett74
,
low2215