EURUSD only | Page 10127 | 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

  • #202,521
  • Nov 4, 2024 5:02am Nov 4, 2024 5:02am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 51 KB
  • #202,522
  • Nov 4, 2024 5:18am Nov 4, 2024 5:18am
Quoting andvk74
{image} {image}
The DXY view ...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
Don't you know that I'm loco ...
  • #202,523
  • Nov 4, 2024 6:02am Nov 4, 2024 6:02am
Bulls are eager and motivated... smashed through my circle resistance: 1.0900..

Next watch: 1.0918... Last chance for bears!

*1.0892 is the nearest support on H1
Focus only on what truly matters!
  • #202,524
  • Nov 4, 2024 6:07am Nov 4, 2024 6:07am
US coming online now, lets see if the Dollar starts rallying ...
Don't you know that I'm loco ...
  • #202,525
  • Nov 4, 2024 6:15am Nov 4, 2024 6:15am
Quoting RedAllOver
US coming online now, lets see if the Dollar starts rallying ...
Why do you expect US Dollar to rally when FED Interest Rate is expected to drop 0.25 points on Thursday?
Focus only on what truly matters!
  • #202,526
  • Nov 4, 2024 6:15am Nov 4, 2024 6:15am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 86 KB
  • #202,527
  • Nov 4, 2024 6:26am Nov 4, 2024 6:26am
Quoting Ata-Turkoglu
{quote} Why do you expect US Dollar to rally when FED Interest Rate is expected to drop 0.25 points on Thursday?

If Trump gets elected, you gonna see a huge dollar bull move.
  • #202,528
  • Nov 4, 2024 6:28am Nov 4, 2024 6:28am
Quoting Starcraftmaz
{quote} If Trump gets elected, you gonna see a huge dollar bull move.
Big "IF"
Focus only on what truly matters!
  • #202,529
  • Nov 4, 2024 6:31am Nov 4, 2024 6:31am
Quoting Ata-Turkoglu
{quote} Why do you expect US Dollar to rally when FED Interest Rate is expected to drop 0.25 points on Thursday?
Here's the Dollar Index on 18.09.24 when a half-point cut was announced. For what it's worth, I wouldn't rule out a half-point drop from the Fed (IF the Democrats are confirmed) ...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Don't you know that I'm loco ...
  • #202,530
  • Nov 4, 2024 6:32am Nov 4, 2024 6:32am
Quoting Starcraftmaz
{quote} If Trump gets elected, you gonna see a huge dollar bull move.
at least that gap below i believe is going to be filled before then... or not lets see
  • #202,531
  • Nov 4, 2024 6:34am Nov 4, 2024 6:34am
Quoting Starcraftmaz
{quote} If Trump gets elected, you gonna see a huge dollar bull move.
Not sure why you think that
  • #202,532
  • Nov 4, 2024 6:40am Nov 4, 2024 6:40am
Quoting charlienoble
{quote} Not sure why you think that
his policies of lowering taxes, more custom barriers, deregulation,... it all plays well with the markets in the short run. We've seen that when he was in office
  • #202,533
  • Nov 4, 2024 6:53am Nov 4, 2024 6:53am
Quoting Polimini
{quote} his policies of lowering taxes, more custom barriers, deregulation,... it all plays well with the markets in the short run. We've seen that when he was in office
last time he was elected the dollar rose from about 99 to around 103.70, then dropped to 88. It rose to 114 under Biden.
  • #202,534
  • Nov 4, 2024 6:57am Nov 4, 2024 6:57am
Quoting charlienoble
{quote} last time he was elected the dollar rose from about 99 to around 103.70, then dropped to 88. It rose to 114 under Biden.
lets not make this about biden vs trump.
https://www.forexfactory.com/calenda...0#graph=136110
  • #202,535
  • Nov 4, 2024 7:11am Nov 4, 2024 7:11am
Next hour candles are out of circle... Bulls still have the upper hand while above 1.0900...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-H1.png Size: 24 KB
Focus only on what truly matters!
  • #202,536
  • Nov 4, 2024 7:27am Nov 4, 2024 7:27am
Quoting Ata-Turkoglu
Next hour candles are out of circle... Bulls still have the upper hand while above 1.0900... {image}
The expectation is a downward leg. 1.08700
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 46 KB
  • #202,537
  • Nov 4, 2024 7:34am Nov 4, 2024 7:34am
Quoting Ata-Turkoglu
{quote} Big "IF"
Yes absolutely sir, if he loses, you will see a drop in the dollar, but it may not last, I think Euro would actually do better under trump next year because he will end the war.

Quoting charlienoble
{quote} Not sure why you think that
I don't think it, it's a fact. I hope it happens, just to see your face

Dollar will rally for weeks, enough to make good money (plus carry over the euro).


The point here is, from here on, technicals will not matter much in the next 24 hours - supply and demand zones I think still matter as always, but watchout - exit polls and pre-polling will start within hours.
  • #202,538
  • Nov 4, 2024 8:19am Nov 4, 2024 8:19am
Quoting Starcraftmaz
{quote} Yes absolutely sir, if he loses, you will see a drop in the dollar, but it may not last, I think Euro would actually do better under trump next year because he will end the war. {quote} I don't think it, it's a fact. I hope it happens, just to see your face Dollar will rally for weeks, enough to make good money (plus carry over the euro). The point here is, from here on, technicals will not matter much in the next 24 hours - supply and demand zones I think still matter as always, but watchout - exit polls and pre-polling will start...
I'm afraid I'd probably disappoint you as I don't get emotionally attached to this stuff. I just act on what it does. I do have a general negative bias on the Euro as I am still doubting it will ever see 1.13 again.
  • #202,539
  • Nov 4, 2024 8:24am Nov 4, 2024 8:24am
Let's focus on EURUSD... Election talk should be kept closely related with the currency and not bring in politics...

Thanks in advance
Focus only on what truly matters!
  • #202,540
  • Nov 4, 2024 10:01am Nov 4, 2024 10:01am
Attached Image (click to enlarge)
Click to Enlarge Name: MetaTrader 5.png Size: 85 KB



It's been really great for range trading using 1 hour chart candlesticks. This has been my preferred strategy up to now. This is my last day trading until Thursday New York open as I do not want to trade the whipsaw that next few days will bring. Been there, done that, lost money

For those inclined to get on the roller coaster, there are 3 outcomes of US elections result (I am talking around the time of London open Wednesday)

1. Like 1984 or 2008 (Sweep, no doubt who won)
Scenario 1. Will start off moving in expected direction. But... BIG But... Expect the movers to push opposite direction early on so they can accumulate their holding positions at favorable prices while taking short term losses to build against retail. In Days Of Olde, it was called "painting the tape"

2. Like 2000 (No Clear Winner. Took many weeks before winner was decided)
Scenario 2. Super Chop. It will be range traders dream market. Up and down and side to side.

3. Like 2020 (Results were in but disputed)
Scenario 3. Will be tricky as trader emotions get high. Stay small and try to ride the surf. But just like surfing do not turn your back on the trade. It might be a nice curling wave or it might be a tsunami. Stay safe and live to trade another day.

Happy Trades to you,
NB
Ecclesiastes 1:9
88 traders viewing now