Only EURUSD

Quoting Js3mwtRc

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{quote} Hi Billy200 correct! Using higher timeframes like the daily chart puts you in the right side the most of the times.

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Quoting Js3mwtRc

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EUR/USD is not taking the wheel over 1.1579 after the US CPI news, it is also keeping its range above 1.1525/00 and seems likely to continue doing so until tomorrow's ECB rate decision. This presents a bullish case for the pair. Unless Lagarde sounds more dovish, 1.1600 or higher potentially 1.1645 should be reached before the bulls think about taking profits. Trump and Iran is the wildcard so watch any posts on news!

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Quoting Billy200

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{quote} Thanks for the info, first time hearing it and before I backtest it I want clear up small detail. I believe that approach should be done on lower time frames, such as 1M or 5M. am I correct? thanks again for a reply. have a productive Tuesday!

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Quoting newbegger

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{quote} I was posting about price and price levels. You are talking about time duration or time levels. I sense you are just starting out? This thread is for discussions in interactive trading so I don't want to bore others traders here and I will be brief. Trading is not for everyone . I lost $8000 last Friday. Could you handle this next day, and trade without fear? The past 2 weeks I was averaging $1000 profit each day. Could you handle this next day, and trade without exuberation? Trading for a living is very hard to learn and not for everyone....

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Quoting Mitiblotch

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{quote} It's strange because I am fully expecting 1.1475. Doesn't sound nice to go up now.

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Quoting Js3mwtRc

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{quote} I'm in the same boat as you but that us core cpi m/m came lower and eased some bears. Now with the ecb in sight raising rates tomorrow thinking to sell higher seems wise, but I'm not a market wizzard I was only joking when I said that back in the days! So it might go down first!

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Quoting Twocans

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{quote} With all that said, everything is relative and just more zeros at the end of the trade. I highly recommend finding coach who is over 40 years old and has been through several Markets like the .com, the Savings and Loan implosion AND 9-11,2001. Find one and TRAINING. Youtube video are fine for educational knowledge ideas. Going up against Professionals with deep pockets is why 95% of traders will ONLY make deposits in their account and NEVER make a withdrawal. That statement is not a fantasy or hype. Mine is Oliver Velez, he was PAID TO TRAIN...

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Quoting Twocans

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{quote} The retail "Bears" plus the Bulls combined = less than 3% of market Forex volume. All the NFP, blah blah blah, Jim Cramer, core cpi is useless and is used to manipulate retail into getting on the wrong side 99% of the time. Sure, it creates VOLITILITY (on purpose) by banks and deep pockets. We are less than 3 pennies out of every dollar traded or exchanged. (Swapped)

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Quoting newbegger

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{image} Sorry for being off topic last couple days. Back to trading. The trading range is shrinking now. Looks like the summer slow season is right on time. I am thinking the trading range 1.1400 to 1.1500 is where I will be operating in this summer. Hopefully, the active wars settle down, and the interest rate situations get sorted out. I am still positioned for downside and looking to SnR in the 1.1414 area. Happy trades to you, NB

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Quoting Js3mwtRc

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{quote} Things doesn't change. Retail will stay the same and we know that, brokers give us the data knowing where to "hunt" next. Now lets think like sharks or whales and make some money!

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