Only EURUSD | Page 1029 | 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

  • #20,561
  • Jun 10, 11:54am (2 hr 22 min ago) Jun 10, 11:54am (2 hr 22 min ago)
Quoting Twocans
CURRENT m2 CHART. Price is right on the 200 MA at this time and the "Fab 4" is consolidating which is the 20 MA and the 13 MA. This is a "narrow state" and if you never heard of it then you can't understand the "location" either. {image}
they call it "Pinning Effect":market makers continue to buy and sell small quantities on the spot market just to keep the price stable near the most traded strikes of 0TDE (Zero Days to Expiration) and maximize theta decay. This lulls volatility rather than ignites it.
chaos is just unknown order
  • #20,562
  • Jun 10, 11:57am (2 hr 19 min ago) Jun 10, 11:57am (2 hr 19 min ago)
After this late morning sweep off the low about noon EST I may end up changing my bias if price climbs back up over the 200MA but either way for now the daily range hi to low is inside yesterday's range sitting in the middle after collecting liquidity almost exclusively off the bottom 50% of the range since the balloon drop Friday. Gotta couple of small scalps but SLOW TODAY... "Watching Wall Street Week with Louis Rukeyser." HE WAS GREAT! Either way, price action is quietly planning which way the Banks can make the most money. I use the fib retracement tool ONLY to divide major turning points into 1/2's and 1/3's. Velez has extensive data on price movement expectations based off over 40 years using the same simple rule based trades having ZERO to do with patterns. Some may not know but patterns many time are engineered to fake real directional bias.
Attached Image (click to enlarge)
Click to Enlarge Name: M-15.png Size: 64 KB
  • #20,563
  • Jun 10, 12:00pm (2 hr 16 min ago) Jun 10, 12:00pm (2 hr 16 min ago)
Quoting Luxyus
{quote} they call it "Pinning Effect":market makers continue to buy and sell small quantities on the spot market just to keep the price stable near the most traded strikes of 0TDE (Zero Days to Expiration) and maximize theta decay. This lulls volatility rather than ignites it.
I used to do that with my girlfriend, Marylou, back in the college days but the results were quite different. lol Thanks for the explanation.
  • #20,564
  • Last Post: Jun 10, 2:05pm (11 min ago) Jun 10, 2:05pm (11 min ago)
dashboard: https://janicekelly.com/dash

Inserted Code
             Ask: 1.15474
             Bid: 1.15458
          Spread: 0.00043
             gap: -0.00893
         balance: $1840.17
          profit: $-5.95
          equity: $1834.22
     used margin: $1431.80
     free margin: $402.42
            lots: 0.62
      PROFIT/PIP: $6.20
 expected profit: $539.03
expected balance: $2379.20
           entry: 1.1547
          target: 1.1460
      total pips: 86.94
             pos: -3.3
      order type: sell
16 traders viewing now, 1 is registered:
JaniceKelly