EURUSD | Page 51047 | 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

  • #1,020,921
  • Edited 11:06pm Aug 20, 2015 10:56pm | Edited 11:06pm
Quoting gatorinla
{quote} in hindsight i will say no.. 1288 is/was a leg.. so many in this area. opposite 100% of 0970 is 1297.. i may start looking but 1304 or 1313 i like .. tl people have 1370 ish
I have the Daily R1 Floor Pivot at 1288 but opted for the lower target based on average Asia range. I always end up leaving some on the table, but that's life. If we hit up against stiffer resistance around 1295 I'll start considering shorts. It just can't go in one direction forever and the move is extended at this point. 1322 is my target above the even number, and R2 is sitting just above that at 1334.

We still haven't had any serious sellers show up yet, which is the main thing I'm looking for before I load shorts.

The intermediate technical levels are irrelevant to a degree because this is a fundamental trade, so they're pushing price to a new value area. The China devaluation threw a spanner into the FED rate rise decision, at least for September. Once that's priced in we'll get a more even distribution of buyers and sellers again.
  • #1,020,922
  • Aug 20, 2015 11:02pm Aug 20, 2015 11:02pm
Quoting gatorinla
{quote} larger one tagged 1288.. another time and asia wasn't making hh. i would have scalp and tried to hold. um 1307, other crap 1304 1313.. so i will be looking hard soon..
Hi G, love the numbers you often show.. i got 1284 on mine..
  • #1,020,923
  • Aug 20, 2015 11:04pm Aug 20, 2015 11:04pm
Quoting dan2boy
{quote} guess would only start looking short 2hours from now
Don't assume to short at a particular time and at a particular price ( resistance ) I shorted at resistance and everytime resistance has been broken and stop has been hit.

Look at 4hr info first very important. Then look at 1 hr and lower TF.

You will be able to catch pips. Also dont marry to any particular pair or any particular position, stop is important, or else you will blow your a/c quickly.
Intraday only.
  • #1,020,924
  • Aug 20, 2015 11:07pm Aug 20, 2015 11:07pm
Quoting Ratmach
Anyone feeling this is gonna reverse pretty harshly once FF jumps in? I'm not talking about any technical analysis (I still know very little) or anything else, other than just... well yeah, Frankfurt is kinda known for doing their own thing.
Nope, I think we will at least reach 1.1350 before we retrace back.
  • #1,020,925
  • Aug 20, 2015 11:08pm Aug 20, 2015 11:08pm
Quoting navk
{quote} Don't assume to short at a particular time and at a particular price ( resistance ) I shorted at resistance and everytime resistance has been broken and stop has been hit. Look at 4hr info first very important. Then look at 1 hr and lower TF. You will be able to catch pips. Also dont marry to any particular pair or any particular position, stop is important, or else you will blow your a/c quickly.
i did wrong looking for swings
  • #1,020,926
  • Aug 20, 2015 11:10pm Aug 20, 2015 11:10pm
Quoting XPort37
Could they take it back up to 1400 level? OR Did the MM make todays move for down spike tomorrow? Only time will tell...Pip on
1400?
If words were riddles Money Spoken would fall from the sky
  • #1,020,927
  • Aug 20, 2015 11:11pm Aug 20, 2015 11:11pm
bro whats your MM?
  • #1,020,928
  • Aug 20, 2015 11:12pm Aug 20, 2015 11:12pm
Quoting dan2boy
bro whats your MM?
Market makers
:nerd:
If words were riddles Money Spoken would fall from the sky
  • #1,020,929
  • Aug 20, 2015 11:14pm Aug 20, 2015 11:14pm
Quoting navk
{quote} The PA is going crazy. But have in your chart, 4 hr and 1 hr analysis. Look at this, 4hr is rock solid bullish from 1020. I missed that 4hr info in my chart and paying ( small prices ) in shorting at some levels. Every resistance is taken away. {image}
bro whats your MM ? money managemnet
  • #1,020,930
  • Aug 20, 2015 11:16pm Aug 20, 2015 11:16pm
GBP/USD haing trouble at that whole level still......something to look at
Attached Image
If words were riddles Money Spoken would fall from the sky
  • #1,020,931
  • Aug 20, 2015 11:16pm Aug 20, 2015 11:16pm
Quoting gatorinla
{quote} in hindsight i will say no.. 1288 is/was a leg.. so many in this area. opposite 100% of 0970 is 1297.. i may start looking but 1304 or 1313 i like .. tl people have 1370 ish
1308 is my target as well but i was not expecting beyond 1.1260 at first place. it has overextended hughely. from wed's low it is up 270 pips. when was the last time it rallied so fast so quickly. since US close its up 80 pips. crazy
  • #1,020,932
  • Aug 20, 2015 11:36pm Aug 20, 2015 11:36pm
Compare to the drop from 1.4, 270 pips rise is a grain in the sands.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDFXFMonthly.png Size: 58 KB
  • #1,020,933
  • Aug 20, 2015 11:36pm Aug 20, 2015 11:36pm
Quoting dan2boy
{quote} bro whats your MM ? money managemnet
If you ask me, I am prepared to loose 35 to 40 pips,

But my way of taking trades are different.

Once I see 4 hr info bullish, the price will osciallte in 1 hr chat and lesser time frames. You can see this chart, 4 hr bullish but 1 hr bearish and lesser time frame bearish at 1020.

Once 4 hr turned bullish the price was osciallating 40 pips range, so 40 pips stop loss. I take trades within 40 pips range. My first lot will be 25 % second will be 30 % and so on... but I shall get out if technically 4hr turns bearish ( which was bullish when I first started taking long position. )

Assume your capital is 5k.

Your loss must not exceed 3 to 4 % per trade. I mean 40 pips loss shall be 3 to 4 % of your capital.Nothing more.

For 5k, 3 to 4 % is 200 $.

Your lot size can be maximum 0.5. Which means 5 $ x 40 pips equals to 200 $.

Do not take 0.5 lot at once but 4 times, each time 0.12 lot. Hope it helps.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 60 KB
Intraday only.
  • #1,020,934
  • Aug 20, 2015 11:46pm Aug 20, 2015 11:46pm
Quoting giveachance
{quote} lol no resistances in between. clean move to 1.1340???
Lol... did you find any resistance now... It touched 1300...
Jias...
  • #1,020,935
  • Aug 20, 2015 11:53pm Aug 20, 2015 11:53pm
Quoting robertbruce
{quote} I missed 1278 as a possible before 1309. I'm still getting used to the new Fibo indicator that someone graciously recommended.
but still having good moment for another buy. 1332 on its way
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 206 KB
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #1,020,936
  • Aug 20, 2015 11:53pm Aug 20, 2015 11:53pm
Quoting navk
{quote} If you ask me, I am prepared to loose 35 to 40 pips, But my way of taking trades are different. Once I see 4 hr info bullish, the price will osciallte in 1 hr chat and lesser time frames. You can see this chart, 4 hr bullish but 1 hr bearish and lesser time frame bearish at 1020. Once 4 hr turned bullish the price was osciallating 40 pips range, so 40 pips stop loss. I take trades within 40 pips range. My first lot will be 25 % second will be 30 % and so on... but I shall get out if technically 4hr turns bearish ( which was bullish when...
owh thats alot... my trades are normally 3% and below..
  • #1,020,937
  • Aug 20, 2015 11:54pm Aug 20, 2015 11:54pm
Quoting dan2boy
{quote} owh thats alot... my trades are normally 3% and below..
but that helps thanks
  • #1,020,938
  • Aug 20, 2015 11:55pm Aug 20, 2015 11:55pm
Quoting dan2boy
{quote} owh thats alot... my trades are normally 3% and below..
That is still good. But keep in mind the PA fluctuates up and down a lot before reversal. So, 40 pips for me.

If you follow 3 % or less, reduce your lot size.
Intraday only.
  • #1,020,939
  • Aug 21, 2015 12:00am Aug 21, 2015 12:00am
alright alright thanks
  • #1,020,940
  • Edited 12:45am Aug 21, 2015 12:30am | Edited 12:45am
Quoting gatorinla
{quote} in hindsight i will say no.. 1288 is/was a leg.. so many in this area. opposite 100% of 0970 is 1297.. i may start looking but 1304 or 1313 i like .. tl people have 1370 ish
My guess. Best shots for shorts with runners in yellow circle at daily 200 SMA (1339) fib (1385) and weekly trendline (I have 1399) ADR for a long day (straight up from current daily low also 1339).
Attached Image (click to enlarge)
Click to Enlarge Name: myguess.jpg Size: 907 KB
303 traders viewing now, 1 is registered:
macd12