EURUSD | Page 49892 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #997,821
  • Jun 4, 2015 6:24pm Jun 4, 2015 6:24pm
Quoting TuTang
This move is completely unnatural......
There could be 100 reasons that make you say this.. but think for a while.. if we all agree and say "yes this was unnatural" will it change your situation?

Instead of just giving out an opinion you could explain what you were thinking price will do based on your analysis and even demonstrate why you think it is unnatural and we could discuss. So we could improve. And some of us could even help you out of your problem if there are any. Next time please try this.. I personally would appreciate and do my best to look at your problem.

Happy Trades
Focus only on what truly matters!
  • #997,822
  • Jun 4, 2015 6:25pm Jun 4, 2015 6:25pm
Quoting TuTang
This move is completely unnatural......
Far from unreasonable.
  • #997,823
  • Jun 4, 2015 6:29pm Jun 4, 2015 6:29pm
Quite the week huh! Gotta love volatility, makes for better trading.

I'm out until NFP, too choppy.

Best of luck everyone.
  • #997,824
  • Jun 4, 2015 6:30pm Jun 4, 2015 6:30pm
Quoting Karpa
{quote} it fell 68 pips in 2 hours' AUS session.. i think this is far from normal no longs for me
I learned my lesson that markets are moved by MM's not by traders.. I quit long years ago assuming that the market does everything based on technicals or rules.. that is all bs.. one thing that counts: market goes where MM's want it to go... period.. try to steal from MM's as much as you can because they will mercyless steal from you each and everytime.. my half cents..

Happy Trades
Focus only on what truly matters!
  • #997,825
  • Jun 4, 2015 6:30pm Jun 4, 2015 6:30pm
ab = cd supprot
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_H1.gif Size: 186 KB
  • #997,826
  • Jun 4, 2015 6:32pm Jun 4, 2015 6:32pm
Quoting Ata-Turkoglu
{quote} There could be 100 reasons that make you say this.. but think for a while.. if we all agree and say "yes this was unnatural" will it change your situation? Instead of just giving out an opinion you could explain what you were thinking price will do based on your analysis and even demonstrate why you think it is unnatural and we could discuss. So we could improve. And some of us could even help you out of your problem if there are any. Next time please try this.. I personally would appreciate and do my best to look at your problem....
Ah sorry the only thing that make me think its unnatural is that we slipped 100 pips one hr after london close til 1 hr prior to japan open during illiquid market. This is quite rare. And if you look closer at 1850 GMT we fell 60 pips in the last 10 mins which seems like someone was determine to create a bearish structure at hourly roll. Its either a bear trap or we are about to tumble big time
  • #997,827
  • Jun 4, 2015 6:35pm Jun 4, 2015 6:35pm
Quoting Ata-Turkoglu
{quote} I learned my lesson that markets are moved by MM's not by traders.. I quit long years ago assuming that the market does everything based on technicals or rules.. that is all bs.. one thing that counts: market goes where MM's want it to go... period.. try to steal from MM's as much as you can because they will mercyless steal from you each and everytime.. my half cents.. Happy Trades
Sir, I just edited my previous post, it seems that "Greek finance ministry officially rejects creditors' bailout proposal" on FF news

Thank you for your encouraging words, I will do my best to scalp as many MM as possible
  • #997,828
  • Jun 4, 2015 6:35pm Jun 4, 2015 6:35pm
So here I am, checking my trades on the drive home- and I cant figure out for the life of me what the hell is wrong with my account....something isnt right, the numbers aren't matching up....

Come to find out, I missed a few zeros. Must have been stuck in mt4 scalping mode (i use fxtrade for my normal acct, practice scalping on mt4), and even then- if it was mt4 i would have missed a decimal point and fat fingered the fuck out of it. Would be rich. Damnit
Attached Image (click to enlarge)
Click to Enlarge Name: hahaha.png Size: 6 KB
  • #997,829
  • Jun 4, 2015 6:37pm Jun 4, 2015 6:37pm
Quoting TuTang
{quote} Ah sorry the only thing that make me think its unnatural is that we slipped 100 pips one hr after london close til 1 hr prior to japan open during illiquid market. This is quite rare. And if you look closer at 1850 GMT we fell 60 pips in the last 10 mins which seems like someone was determine to create a bearish structure at hourly roll. Its either a bear trap or we are about to tumble big time
No need to be sorry.. my comment was purely a suggestion.. and yes I agree in the last hours strange things happened.. it happens rarely but it happens and that is the new "normal".. actually anything that the market does is normal.. and we have to adapt.. We retail traders start every trading game 0 to 5 or 10 or 100 against the home team: MM's... (Market Manipulating Banks) so we must adapt and flex and do all the wild things to survive..

Happy Trades
Focus only on what truly matters!
  • #997,830
  • Jun 4, 2015 6:40pm Jun 4, 2015 6:40pm
Quoting Ata-Turkoglu
{quote} No need to be sorry.. my comment was purely a suggestion.. and yes I agree in the last hours strange things happened.. it happens rarely but it happens and that is the new "normal".. actually anything that the market does is normal.. and we have to adapt.. We retail traders start every trading game 0 to 5 or 10 or 100 against the home team: MM's... (Market Manipulating Banks) so we must adapt and flex and do all the wild things to survive.. Happy Trades
Yh im short euro btw and im shorting it across board
  • #997,831
  • Jun 4, 2015 6:40pm Jun 4, 2015 6:40pm
Quoting Karpa
{quote} Sir, I just edited my previous post, it seems that "Greek finance ministry officially rejects creditors' bailout proposal" on FF news Thank you for your encouraging words, I will do my best to scalp as many MM as possible
I thought the greeks are sleeping.. it is 2pm or something there.. wow.. so they are still up at this late our and doing rejections.. God bless Greece then
Focus only on what truly matters!
  • #997,832
  • Jun 4, 2015 6:43pm Jun 4, 2015 6:43pm
Breaking 1.1170 is where I'll be convinced I'm wrong with a stop just below that area. If they break down in there, they'll be sending the message that the uptrend this week is over. However, if we close this hourly above 1.1200, I'm adding one more. Technically, everything is still making perfect sense and going by the book. It bounced exactly where it should have, they just have to follow through with it now.
Don't trade the noise
  • #997,833
  • Jun 4, 2015 6:46pm Jun 4, 2015 6:46pm
Quoting Ata-Turkoglu
{quote} I thought the greeks are sleeping.. it is 2pm or something there.. wow.. so they are still up at this late our and doing rejections.. God bless Greece then
That's 2am but the news were released much earlier..
that means I missed a prime short from about 1.124
  • #997,834
  • Jun 4, 2015 6:47pm Jun 4, 2015 6:47pm
Quoting TuTang
{quote} Yh im short euro btw and im shorting it across board
Are you still short? You do realize that we just hit the bottom of another barrier a few minutes ago right? The 1.1208 to 1.1175 barrier.. so if you keep shorts to see some retests to break this level then okay.. but..... you might have some drawdown meanwhile if it also tries to retest the upper zone at 1.1255.. just be aware of that please.. my half cents..

Happy Trades
Focus only on what truly matters!
  • #997,835
  • Jun 4, 2015 6:50pm Jun 4, 2015 6:50pm
well, i think it just entered an area of support myself. See if she carries through or not. that said I'm not looking for entry either way. see what tomorrow brings and watching the USDCAD and NZDUSD for now
  • #997,836
  • Jun 4, 2015 6:52pm Jun 4, 2015 6:52pm
Quoting Karpa
{quote} That's 2am but the news were released much earlier.. that means I missed a prime short from about 1.124
Ooops yeah 2am.. typo... but yeah what missed is missed.. up we go to the next trade.. if I had taken shorts I would definitely close them at 1.1200 to 1.1180 area.. I am now expecting a retest to 1.1220 and above..

Happy Trades
Focus only on what truly matters!
  • #997,837
  • Jun 4, 2015 7:01pm Jun 4, 2015 7:01pm
Added at 1.1207. Average now at 1.1226...still targeting 1.1430 but will close before NFP if not reached. Will manage stoploss from here as the market talks.
Don't trade the noise
  • #997,838
  • Jun 4, 2015 7:05pm Jun 4, 2015 7:05pm
Quoting TTFXHammer
Added at 1.1207. Average now at 1.1226...still targeting 1.1430 but will close before NFP if not reached. Will manage stoploss from here as the market talks.
Good to see you are determined in your analysis and have trust to what you do.

I am asking out of curiosity bro.. where is your SL in case price breaks through 1.1175 tomorrow? I am not saying it will but what would be your plan if it did?

Happy Trades
Focus only on what truly matters!
  • #997,839
  • Jun 4, 2015 7:06pm Jun 4, 2015 7:06pm
Quoting Ata-Turkoglu
{quote} Ooops yeah 2am.. typo... but yeah what missed is missed.. up we go to the next trade.. if I had taken shorts I would definitely close them at 1.1200 to 1.1180 area.. I am now expecting a retest to 1.1220 and above.. Happy Trades
agreed. short term up trend.
  • #997,840
  • Jun 4, 2015 7:10pm Jun 4, 2015 7:10pm
Quoting bladerogers
{quote} agreed. short term up trend.
Yes for now short term... but I also keep the door open that we could have hit the bottom of the retrace.. just for this matter I will watch next reaction when it nears 1.1182 closely...

Happy Trades
Focus only on what truly matters!
398 traders viewing now, 1 is registered:
Yaruki