Trading EURUSD only | Page 551 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD

Similar Threads

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

Trading EURUSD Only EA - Back Test & Improvements 30 replies

Attachments: Trading EURUSD only
Exit Attachments

Trading EURUSD only

  • #11,001
  • Nov 8, 2012 3:26pm Nov 8, 2012 3:26pm
Quoting shellsnail
when was the last time you saw price get rejected by a resistance line 8 times in a row.

this is amazing wow. someone is selling this thing repeatedly at 1.2750.

Easy, Scalpers
j/k
  • #11,002
  • Nov 8, 2012 3:27pm Nov 8, 2012 3:27pm
it depends from which TF you are taklking about.
price actually tradeing 1H .

Quoting shellsnail
and the more times it works, the stronger the fall out will be...

I've heard of double tops, triple tops .... Octuple top?!

It's a range trader's fantasy.
  • #11,003
  • Nov 8, 2012 3:28pm Nov 8, 2012 3:28pm
Quoting stevewalker
when driving a car before taking a curve yes car moves stratight but the driver see the cure is coming. & get prepared
so yes MKT bear but we have signs of sideways MKT then probably Bull MKT.
time will tell
Yes market is in uptrend, a counter-trend uptrend. so we wait for the MAJOR trendline to break and this thing will fall into place.
Build good relationships with others.
  • #11,004
  • Nov 8, 2012 3:29pm Nov 8, 2012 3:29pm
Quoting stevewalker
it depends from which TF you are taklking about.
price actually tradeing 1H .
I PREFER THE 3 min TF to see patterns, it's very clear. You can try 6 and 9 min too, they are good for patterns.
Build good relationships with others.
  • #11,005
  • Nov 8, 2012 3:31pm Nov 8, 2012 3:31pm
Anyhow I am watching my favourite seasons of M.D. House while waiting for this thing to budge.
Build good relationships with others.
  • #11,006
  • Nov 8, 2012 3:33pm Nov 8, 2012 3:33pm
in last 4 years I had traded

15-30-60 tick chart
1M chart
5M chart
1H chart
5-10-20 pip Range bars
5-10-20 pip Renko bars

at the end strated to trade multi charts as written @ first page

my charts are good for me.
TY

Quoting shellsnail
I PREFER THE 3 min TF to see patterns, it's very clear. You can try 6 and 9 min too, they are good for patterns.
  • #11,007
  • Nov 8, 2012 3:35pm Nov 8, 2012 3:35pm
Quoting stevewalker
in last 4 years I had traded

15-30-60 tick chart
1M chart
5M chart
1H chart
5-10-20 pip Range bars
5-10-20 pip Renko bars

at the end strated to trade multi charts as written @ first page

my charts are good for me.
TY
haha to each his own.

Anyway I just checked on the 60min TF, it's forming a triangle pattern! but seems pretty clear that we are awaiting a upside (falsebreak) then a true break to the downside...

Price went from forming bottoms on the support line to forming tops on the support turned resistance line - seems like a classic case of getting under the support...
Build good relationships with others.
  • #11,008
  • Nov 8, 2012 3:39pm Nov 8, 2012 3:39pm
20 min to >= 2758
( POSS Move )
  • #11,009
  • Nov 8, 2012 3:40pm Nov 8, 2012 3:40pm
Quoting shellsnail
when was the last time you saw price get rejected by a resistance line 8 times in a row.

this is amazing wow. someone is selling this thing repeatedly at 1.2750.

welcome to bear market, where the bulls never win hehehe
  • #11,010
  • Nov 8, 2012 3:41pm Nov 8, 2012 3:41pm
Quoting Farrusco
welcome to bear market, where the bulls never win hehehe
lol the bear market would not last long if bulls never won

Got to give the falseys and the counter trend moves to them at least
Build good relationships with others.
  • #11,011
  • Nov 8, 2012 3:42pm Nov 8, 2012 3:42pm
we should understand that;
FX MKT is build on Stocks MKT.

Stocks MKT bıild on BULL MKT

so when MKT dry price is always aim to move down due to gravity effect.
every down move deas not mean that it is sold.

Quoting Farrusco
welcome to bear market, where the bulls never win hehehe
  • #11,012
  • Nov 8, 2012 3:44pm Nov 8, 2012 3:44pm
Quoting stevewalker
we should understand that;
FX MKT is build on Stocks MKT.

Stocks MKT bıild on BULL MKT

so when MKT dry price is always aim to move down due to gravity effect.
every down move deas not mean that it is sold.
Yes down move means it is sold...

Down move means the seller is quoting a lower price for the ask than the current ask price because he can't sell whatever he wants to sell at the current ask price.

If everyone does that together in an urgent short time period we will have a market impulse leg and collapse.
Build good relationships with others.
  • #11,013
  • Nov 8, 2012 3:47pm Nov 8, 2012 3:47pm
thank you for the information

Quoting shellsnail
Yes down move means it is sold...

Down move means the seller is quoting a lower price for the ask than the current ask price because he can't sell whatever he wants to sell at the current ask price.

If everyone does that together in an urgent short time period we will have a market impulse leg and collapse.
  • #11,014
  • Nov 8, 2012 3:48pm Nov 8, 2012 3:48pm
I had found the answer I was loking for 5 years
appriciated


"Down move means the seller is quoting a lower price"
Quoting stevewalker
thank you for the information
  • #11,015
  • Nov 8, 2012 3:50pm Nov 8, 2012 3:50pm
Quoting stevewalker
I had found the answer I was loking for 5 years
appriciated


"Down move means the seller is quoting a lower price"
I can't tell if it's sarcasm or genuine D:

Will we see a 9th rejection here?

Build good relationships with others.
  • #11,016
  • Nov 8, 2012 3:51pm Nov 8, 2012 3:51pm
Quoting shellsnail
I can't tell if it's sarcasm or genuine D:

Will we see a 9th rejection here?

I think EUR/USD Just gaped down haha
Build good relationships with others.
  • #11,017
  • Nov 8, 2012 3:52pm Nov 8, 2012 3:52pm
dear shellsnail
I am telling what I get experienced in this MKT by trading & loosing
I like books but they dont teach how to make profit.

or %95 of traders would not suffer with loss
GL

Quoting shellsnail
I can't tell if it's sarcasm or genuine D:

Will we see a 9th rejection here?

  • #11,018
  • Nov 8, 2012 3:53pm Nov 8, 2012 3:53pm
ok
you take your time
but dont mess


Quoting shellsnail
I think EUR/USD Just gaped down haha
  • #11,019
  • Nov 8, 2012 3:53pm Nov 8, 2012 3:53pm
Quoting shellsnail
I think EUR/USD Just gaped down haha
The gap wasn't closed! GASP.
Build good relationships with others.
  • #11,020
  • Nov 8, 2012 3:53pm Nov 8, 2012 3:53pm
Stock market used to be 100% bull you could only buy and sell higher, now you can buy contracts for differences, futures, both for bull or bear, so stock market isn't 100% bull nowadays but still bull agree on that.

when do you expect to break 38.2 fibo aka 1.2737? Maybe monday will be the true break and then we can aim 1.26xx.
9 traders viewing now