Trading EURUSD only | Page 1047 | 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

  • #20,921
  • Dec 3, 2012 9:31am Dec 3, 2012 9:31am

Quoting Swedishtrade
Yes, looks very strong, it looks like it wants to brake away and up from 3057 (3059 )
Hourly has closed above and I would like to see the resistance/support to be hit one more time and then take off.
  • #20,922
  • Dec 3, 2012 9:33am Dec 3, 2012 9:33am
Quoting mok1one
I tend to agree with steve.
Also my chart is telling me that. Upper channel-line is yet untouched. And yes,I am aware of the 4H decending TL, but IMO ~15 pips in 4H chart does not mean breaking TL yet.
1) 5min left , 15min right
2) 4H chart with uptrend channels
Correct chart uploaded. Sry, was 5min and 5min on first upload.
  • #20,923
  • Dec 3, 2012 9:35am Dec 3, 2012 9:35am
I think it's unlikely it goes any higher in NY. Already nearly 100 pip gain for the day. how much more should we expect?

Quoting mok1one
CorreCt chart uploaded. Sry, was 5min and 5min on first upload.
  • #20,924
  • Dec 3, 2012 9:38am Dec 3, 2012 9:38am
We are targeting for 1.3150 levels for E/U
Classical chart patterns of currencies from 15+ Year Pro Trader
  • #20,925
  • Dec 3, 2012 9:41am Dec 3, 2012 9:41am
Quoting glennl2000
I think it's unlikely it goes any higher in NY. Already nearly 100 pip gain for the day. how much more should we expect?
IF we see a more upmove today then mayby around 90.
but the more i look at 5 15 and 30 the more i seems to me it wants to test the 3030 area.
  • #20,926
  • Dec 3, 2012 9:41am Dec 3, 2012 9:41am
this feels a lot like a bull trap to me but... im in still

momentum is too great

however h4 now angled down and about to cross on stoch
Be hopeful in a winning position, and fearful in a losing position.
  • #20,927
  • Dec 3, 2012 9:41am Dec 3, 2012 9:41am
01-01-1999 today
average D1 Bar HL 123 pips High/Low
average D1 Bar OC 60 pips Open/Close
Quoting glennl2000
I think it's unlikely it goes any higher in NY. Already nearly 100 pip gain for the day. how much more should we expect?
  • #20,928
  • Dec 3, 2012 9:42am Dec 3, 2012 9:42am
Quoting stevewalker
Will watch it closely, if it close above .3061 at top of the hour, I will go heavy long. if closes below, I will short 1/2 NS.
18 long minutes to wait.
  • #20,929
  • Dec 3, 2012 9:45am Dec 3, 2012 9:45am
bro heavy long is not so logic here
this may be top
my advise
Quoting Swedishtrade
Will watch it closely, if it close above .3061 at top of the hour, I will go heavy long. if closes below, I will short 1/2 NS.
18 long minutes to wait.
  • #20,930
  • Dec 3, 2012 9:45am Dec 3, 2012 9:45am
when it goes my direction I dercease size
as it ending
Quoting stevewalker
bro heavy long is not so logic here
this may be top
my advise
  • #20,931
  • Dec 3, 2012 9:52am Dec 3, 2012 9:52am
Quoting morob
short

1.3075

16.01 gmt
covered

1.3059

17.50 gmt

+ 16
  • #20,932
  • Dec 3, 2012 9:53am Dec 3, 2012 9:53am
I still wouldn't go long after this run up. I'd say more often than not it wouldn't be worth it.

Quoting stevewalker
01-01-1999 today
average D1 Bar HL 123 pips High/Low
average D1 Bar OC 60 pips Open/Close
  • #20,933
  • Dec 3, 2012 9:55am Dec 3, 2012 9:55am
5M 15M clear CZ Up
it may fail
  • #20,934
  • Dec 3, 2012 9:58am Dec 3, 2012 9:58am
it may not

ECB last move just before US open might probably stop move to 3100
as US had to reorganize it before up move
smart move done by ECB
another lesson to learn

but srtill may go 3100

Quoting glennl2000
I still wouldn't go long after this run up. I'd say more often than not it wouldn't be worth it.
  • #20,935
  • Dec 3, 2012 9:58am Dec 3, 2012 9:58am
Quoting stevewalker
bro heavy long is not so logic here
this may be top
my advise
It might be, but if it close just above 3061 it will with big chans jump up for a minute or two and that is good enough to make profit from.
But first it has to close above 3061 will know in 2 minutes
  • #20,936
  • Dec 3, 2012 10:01am Dec 3, 2012 10:01am
Quoting Swedishtrade
It might be, but if it close just above 3061 it will with big chans jump up for a minute or two and that is good enough to make profit from.
But first it has to close above 3061 will know in 2 minutes
Did not make a close above resistance hourly, will short @3060 if it hits it.
  • #20,937
  • Dec 3, 2012 10:02am Dec 3, 2012 10:02am
you trade triggered pendings with new hour bar
ok
smart

Quoting Swedishtrade
It might be, but if it close just above 3061 it will with big chans jump up for a minute or two and that is good enough to make profit from.
But first it has to close above 3061 will know in 2 minutes
  • #20,938
  • Dec 3, 2012 10:04am Dec 3, 2012 10:04am
I will not short it before breaking diagonal
1H Lc @ 3045
4H LC @ 3032
  • #20,939
  • Dec 3, 2012 10:05am Dec 3, 2012 10:05am
4H @ desecion point

Quoting stevewalker
I will not short it before breaking diagonal
1H Lc @ 3045
4H LC @ 3032
  • #20,940
  • Dec 3, 2012 10:06am Dec 3, 2012 10:06am
in hourly charts, we can see that after 1 upbar there is 2 downbar then 1 upbar then 2 downbars, now we are on the upbar, this is just to show the strenght the upmoves had i'm not saying that this upbar will be as strong as the others because it won't...
15 traders viewing now