Trading EURUSD only | Page 1535 | 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

  • #30,681
  • Jan 16, 2013 3:43pm Jan 16, 2013 3:43pm
he he
start from basics.
basic waves.
counting them.
the rest is patterns
wedges corrections ...................

Quoting thodie
112pages
  • #30,682
  • Jan 16, 2013 3:47pm Jan 16, 2013 3:47pm
I dont see any trader counting %100 correctly
the point is having a medium TF get counted with smaller & bigger TFS

I advise using
1M
4M
16M
64M
256M
1024M

but those are not standart
then
we should use
1M
5M
15M
60M
240M
1440M

& 15M 60M charts will be trading ncharts
we will sequeeze the information from higher & lower TF s to those charts

Quoting stevewalker
he he
start from basics.
basic waves.
counting them.
the rest is patterns
wedges corrections ...................
  • #30,683
  • Jan 16, 2013 3:48pm Jan 16, 2013 3:48pm
trading will continou
but learning never ends........
Quoting stevewalker
I dont see any trader counting %100 correctly
the point is having a medium TF get counted with smaller & bigger TFS

I advise using
1M
4M
16M
64M
256M
1024M

but those are not standart
then
we should use
1M
5M
15M
60M
240M
1440M

& 15M 60M charts will be trading ncharts
we will sequeeze the information from higher & lower TF s to those charts
  • #30,684
  • Jan 16, 2013 3:55pm Jan 16, 2013 3:55pm
& when completed (when I feel confident)
I will share my count code with you guys
  • #30,685
  • Jan 16, 2013 4:02pm Jan 16, 2013 4:02pm
with my actual EW knowledge I can say
D1 will move further up
its just began
  • #30,686
  • Jan 16, 2013 4:03pm Jan 16, 2013 4:03pm
Quoting Miguel.N
TY, i am thinking as well they will do a last trick move and up rocket, we'll see !?
i new, thos dirty dogs !
  • #30,687
  • Jan 16, 2013 4:09pm Jan 16, 2013 4:09pm
Quoting stevewalker
with my actual EW knowledge I can say
D1 will move further up
its just began
I find the best way to count EW is to add the indicator (Mt4) Bill Williams > Awesome Oscillator.

A bit like MACD, but it's good, you then want to size the chart so you have about 140 bars on your screen.

You'll generally recognise wave 3 because it will be the most prominent peak (up or down) whatever your TF

5 of course is the major impulse wave, after a 4 which is corrective, and 5, on 80pc of the times should go to the fib 61.8 extension.

----

D1, yes the wave has been increasing in momentum in the wave for about 5 days.

D1 created a fractal on Monday (my charts say that anyway)

Price is above the 5 MA

Indicator Forex GOILER has just (2200GMT) given a signal for tonight and tomorrow, and that signal is LONG with TP suggested of 1.3345

w1 (weekly) is also getting stronger

But h4 isn't such a pretty picture, the momentum of the wave is fading towards the zero line.
  • #30,688
  • Jan 16, 2013 4:14pm Jan 16, 2013 4:14pm
count,ng correctly & same
I can say there are many ways to count
I count with self code zigzags + wave code

yes D1 is looking up
4H is in a reverse mode from correction to north
Quoting wiseambition
I find the best way to count EW is to add the indicator (Mt4) Bill Williams > Awesome Oscillator.

A bit like MACD, but it's good, you then want to size the chart so you have about 140 bars on your screen.

You'll generally recognise wave 3 because it will be the most prominent peak (up or down) whatever your TF

5 of course is the major impulse wave, after a 4 which is corrective, and 5, on 80pc of the times should go to the fib 61.8 extension.

----

D1, yes the wave has been increasing in momentum in the wave for about 5 days....
  • #30,689
  • Jan 16, 2013 4:16pm Jan 16, 2013 4:16pm
Quoting stevewalker
count,ng correctly & same
I can say there are many ways to count
I count with self code zigzags + wave code

yes D1 is looking up
4H is in a reverse mode from correction to north
OK, trouble is the price is converging. If you draw m15 and MAs of 5, 8, 13 they are all flat lines tonight

same goes with m30

This means the market is in balance in that TF and prone then at some time to a breakout one way or the other
  • #30,690
  • Jan 16, 2013 4:18pm Jan 16, 2013 4:18pm
15M dead

Quoting wiseambition
OK, trouble is the price is converging. If you draw m15 and MAs of 5, 8, 13 they are all flat lines tonight

same goes with m30

This means the market is in balance in that TF and prone then at some time to a breakout one way or the other
Attached Image (click to enlarge)
Click to Enlarge Name: _6.gif Size: 19 KB
  • #30,691
  • Jan 16, 2013 4:19pm Jan 16, 2013 4:19pm
& ready for action
Quoting stevewalker
15M dead
  • #30,692
  • Jan 16, 2013 4:25pm Jan 16, 2013 4:25pm
The way my chart works it out the 61.8 extension on D1 now would go up to 1.3359
  • #30,693
  • Jan 16, 2013 4:30pm Jan 16, 2013 4:30pm
I like this topic!
most (all writers) shares their views, and they are discussed at a honest and respectfull level
just do it
  • #30,694
  • Jan 16, 2013 4:38pm Jan 16, 2013 4:38pm

Quoting thodie
I like this topic!
most (all writers) shares their views, and they are discussed at a honest and respectfull level
  • #30,695
  • Jan 16, 2013 4:39pm Jan 16, 2013 4:39pm
hello how is euro traders keeping?
  • #30,696
  • Jan 16, 2013 4:43pm Jan 16, 2013 4:43pm
Quoting Julexo
hello how is euro traders keeping?
they look a bit stressed => some are ready going up some to going down !?
  • #30,697
  • Jan 16, 2013 4:45pm Jan 16, 2013 4:45pm
€ Nasty
$ ill

you bet

Quoting Julexo
hello how is euro traders keeping?
  • #30,698
  • Jan 16, 2013 4:51pm Jan 16, 2013 4:51pm
Quoting Miguel.N
they look a bit stressed => some are ready going up some to going down !?
euro tired go higher... all tops defending supply zones... Im short and I targeting 3185-@90 Demand zones...from there pa lifting higher...or will testing hh again...letc but atm im not bullish ...
  • #30,699
  • Jan 16, 2013 4:54pm Jan 16, 2013 4:54pm
Quoting Miguel.N
they look a bit stressed => some are ready going up some to going down !?
The bias in all TFs up to D1 does seem to be down at the moment

I am saying this because the price is below the 5MA in all those time scales.
  • #30,700
  • Jan 16, 2013 4:54pm Jan 16, 2013 4:54pm
Quoting stevewalker
€ Nasty
$ ill

you bet
mmm hope is all green? next week be more intresting for pa zones...I waiting for bastard....
122 traders viewing now