Trading EURUSD only | Page 1562 | 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

  • #31,221
  • Jan 18, 2013 10:03am Jan 18, 2013 10:03am
Quoting thegunslinger
What do you guys think of this 5M count.
Looks good to me.
My 3 waves corrective[?] got blown out of the water!
Wait, or you will be slaughtered!
  • #31,222
  • Jan 18, 2013 10:04am Jan 18, 2013 10:04am
Quoting Mr. Scott
I was afraid to share with you guys my outlook last night. Although I hinted at it. Shame on me.

5 sub waves down should take us to 1.327-9 level.

If this is truncated fifth should end worst case for a move higher at magic 1.3250 level. I believe this was Steve's original level and I agreed with him that a zigzag would get me there on the 4H(this was a while ago, hopefully you guys remember that I posted that here.)

I apologize, I will be more open with you guys on this thread in the future.
5 waves it is!
Mucks up my EW count as well!
Wait, or you will be slaughtered!
  • #31,223
  • Jan 18, 2013 10:13am Jan 18, 2013 10:13am
Just to keep everything in perspective.. Assuming that the Mr Bear has started trading, we are looking to target the 1.3125-65 range early next week.
edit: Im open to any alternative views that you may have
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 63 KB
Click to Enlarge Name: IMG-20130118-WA0001.jpg Size: 73 KB
  • #31,224
  • Jan 18, 2013 10:23am Jan 18, 2013 10:23am
Mr Bear, just letting you know that the candlesticks have recently ceased their regular pattern, so I would be a bit iffy on the trend steadily continuing.
Maybe stockpile some honey just in case.
  • #31,225
  • Jan 18, 2013 10:34am Jan 18, 2013 10:34am
I see a lot of EW guys here.

What to you think of this count?
Attached Image (click to enlarge)
Click to Enlarge Name: 15minel.jpg Size: 97 KB
  • #31,226
  • Jan 18, 2013 10:34am Jan 18, 2013 10:34am
Quoting ShezRocks
Just to keep everything in perspective.. Assuming that the Mr Bear has started trading, we are looking to target the 1.3125-65 range early next week.
edit: Im open to any alternative views that you may have
Hi Shez,
I'm looking at a Complex Corrective Pattern [Robert Balan style]
If correct, the abc can unfold as a Zigzag or an Ending Diagonal.
2H Chart:
Cheers,
U2
Attached Image (click to enlarge)
Click to Enlarge Name: 130118_2H[1] EURUSD.png Size: 17 KB
Wait, or you will be slaughtered!
  • #31,227
  • Jan 18, 2013 10:37am Jan 18, 2013 10:37am
Quoting mok1one
I see a lot of EW guys here.

What to you think of this count?
Hi m1,
I posted something similar at the same time!
Cheers mate!
Wait, or you will be slaughtered!
  • #31,228
  • Jan 18, 2013 10:42am Jan 18, 2013 10:42am
Quoting mok1one
I see a lot of EW guys here.

What to you think of this count?
I don't think 5w is finished. We're in a fractal wave IMHO where the 5w of a lesser cycle is about to start. I'm targeting 327x for the end of the major 5w before we get some corrective action. See my last post with the 5M count and extract out to current time and PA.

We'll know for sure if we're not able to make a LL here soon.
  • #31,229
  • Jan 18, 2013 10:46am Jan 18, 2013 10:46am
Quoting mok1one
I see a lot of EW guys here.

What to you think of this count?
You got the idea bro. See 5th wave ending on 1 hr, sets up correction.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #31,230
  • Jan 18, 2013 10:53am Jan 18, 2013 10:53am
Quoting mok1one
I see a lot of EW guys here.

What to you think of this count?
exactly, it may touch 1.327 and up for next week...
  • #31,231
  • Jan 18, 2013 10:55am Jan 18, 2013 10:55am
Mr. Scott, thegunslinger, Uturn2

TY

I'm done for today, just passed through. Just wanted to know if I got it right. Have to read about EW in the next 2 weeks.
Made nice green pips in the morning by selling to the pivot from the top 2 trades. 3rd one got hit by SL and took 1/4 of todays gains. Still green. Never thought i'd be green by selling today.

TY all for a wonderful week, hope to see you guys here back next week with same good outlooks and ideas
I wish you all a wonderful weekend. Enjoy yourselves.
  • #31,232
  • Jan 18, 2013 10:57am Jan 18, 2013 10:57am
Quoting thegunslinger
I don't think 5w is finished. We're in a fractal wave IMHO where the 5w of a lesser cycle is about to start. I'm targeting 327x for the end of the major 5w before we get some corrective action. See my last post with the 5M count and extract out to current time and PA.

We'll know for sure if we're not able to make a LL here soon.
So you think we are capped at 1.3400 ish?
"My 2 cents"
  • #31,233
  • Jan 18, 2013 10:59am Jan 18, 2013 10:59am
Quoting Uturn2
Hi Shez,
I'm looking at a Complex Corrective Pattern [Robert Balan style]
If correct, the abc can unfold as a Zigzag or an Ending Diagonal.
2H Chart:
Cheers,
U2
Nice job bro. I would say flat, zigzag, zigzag looks most likely to evolve based on pa but you will be able to tell based on whether or not we get sideways chop. Triangle would keep us in this range, last zigzag would get us to 1.325.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #31,234
  • Jan 18, 2013 11:01am Jan 18, 2013 11:01am
Quoting Stimulus
So you think we are capped at 1.3400 ish?
For the longer term? No. It looks like we're going up overall. This is just a corrective move.
  • #31,235
  • Jan 18, 2013 11:02am Jan 18, 2013 11:02am
wow nice move down

midtermoutlook = MTO

3150 in the end of next week 61fibo from daily wave 5
then a bounce from LTL up again would be my favorite.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: v9.png Size: 55 KB
Click to Enlarge Name: v9b.PNG Size: 54 KB
just do it
  • #31,236
  • Jan 18, 2013 11:02am Jan 18, 2013 11:02am
Is it safe to begin to nibble back at the longs this demand zone at 1.3300 to 1.32800 is a deep but if they want it it can be taken out. Of course the bigger zone is all the way back to 1.3350 so if they get shorts overconfident the buls can scare the bleep added with the retail cover at weeks end. My sense is the want a better than 1.3350 close perhaps even a trip back to the high If you done this long enough you know it can happen Lets comment where will the pair end the days activity?

My idea is 1.3329- 1.3334
Trading Consultants Inc JJG
  • #31,237
  • Jan 18, 2013 11:03am Jan 18, 2013 11:03am
Quoting mok1one
Mr. Scott, thegunslinger, Uturn2

TY

I'm done for today, just passed through. Just wanted to know if I got it right. Have to read about EW in the next 2 weeks.
Made nice green pips in the morning by selling to the pivot from the top 2 trades. 3rd one got hit by SL and took 1/4 of todays gains. Still green. Never thought i'd be green by selling today.

TY all for a wonderful week, hope to see you guys here back next week with same good outlooks and ideas
I wish you all a wonderful weekend. Enjoy yourselves.
Same to you bro, again I will be more open with my outlook in the future even if I appear an idiot.

Steve offered some good stuff. My style is old school, tangible books and WRITING it down on paper with pencil. Really. Mind works better on paper than computer. That is a fact.

If you want, I would suggest this book, as I prefer to have handy tangible assets I can access and flip through next to PC.

http://ecx.images-amazon.com/images/...SH20_OU01_.jpg
The world you desire can be won. It exists.. it is real.. it is possible..
  • #31,238
  • Jan 18, 2013 11:08am Jan 18, 2013 11:08am
Quoting Mr. Scott
Nice job bro. I would say flat, zigzag, zigzag looks most likely to evolve based on pa but you will be able to tell based on whether or not we get sideways chop. Triangle would keep us in this range, last zigzag would get us to 1.325.
LOL You guys are far too advanced with your analysis at this than me (Im new to forex) But thank you for the feedback and analysis.
  • #31,239
  • Jan 18, 2013 11:09am Jan 18, 2013 11:09am
Quoting Mr. Scott
Same to you bro, again I will be more open with my outlook in the future even if I appear an idiot.

Steve offered some good stuff. My style is old school, tangible books and WRITING it down on paper with pencil. Really. Mind works better on paper than computer. That is a fact.

If you want, I would suggest this book, as I prefer to have handy tangible assets I can access and flip through next to PC.

http://ecx.images-amazon.com/images/...SH20_OU01_.jpg...
I have that same book. Latest edition. I get lost in zigzag, flats etc.
"My 2 cents"
  • #31,240
  • Jan 18, 2013 11:12am Jan 18, 2013 11:12am
Quoting Stimulus
I have that same book. Latest edition. I get lost in zigzag, flats etc.
Right corrective patterns are difficult and complex. But they give you an idea of levels to get in and out.

No need to predict, just follow and wait for confirmation.
The world you desire can be won. It exists.. it is real.. it is possible..
5 traders viewing now