EURUSD | Page 55060 | 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

  • #1,101,181
  • Apr 1, 2017 5:34pm Apr 1, 2017 5:34pm
Quoting Tekkonkira
Is anyone waiting to get filled on their buy orders around 1.0630 - 1.0627? I want to buy at 1.06315 but I know price is currently at the 0.618 fib retracement level and maybe lots of people who where short during the week taking profits over the weekend will mean price shoots up when the market open straight from it's current position. Does anyone have any thoughts or advice? Would you move your order up for more of a breakout type strategy? {image}
some things to consider:

  1. why would you think that the price will reverse when your broker opens?
    where would that much money (enough to reverse the price) come from at that time?
    if so then are there any news or technical reasons that would make such move?
  2. why would you think when a lot of people (assuming you are talking about retail traders) taking profit, price will move?
  3. limit order: depends on your sl. it can certainly work out to your favor and market will fly then how much money do you expect to make? if not then at what cost?

when all these add up and make sense to you then by all means, take the shot.
/r

  • #1,101,182
  • Apr 1, 2017 5:42pm Apr 1, 2017 5:42pm
Quoting pkimnyc
{quote} some things to consider: why would you think that the price will reverse when your broker opens? where would that much money (enough to reverse the price) come from at that time? if so then are there any news or technical reasons that would make such move? why would you think when a lot of people (assuming you are talking about retail traders) taking profit, price will move? limit order: depends on your sl. it can certainly work out to your favor and market will fly then how much money do you expect to make? if not then at what cost? when...
I suppose I was thinking that the traders who sold to cause the downward move may decide to buy out over the weekend as price didn't break through the 0.618 retracement level. I dunno lol cheer though i'll consider what you've said
Did Mike Jordan always make so much bank or Snoop Doggy roll so much dank?
  • #1,101,183
  • Edited 10:04pm Apr 1, 2017 9:47pm | Edited 10:04pm
Daily chart.

Note: Divergence of MACD ( Rising, New Peak) and Price ( Drop, New Low) around November 11 to End of January.
Attached Image (click to enlarge)
Click to Enlarge Name: EU 2 April 2017.jpg Size: 154 KB
  • #1,101,184
  • Apr 1, 2017 11:19pm Apr 1, 2017 11:19pm
enjoy the weekend guys !

Inserted Video
Drawdown is more important than Account Size !
  • #1,101,185
  • Apr 2, 2017 1:32am Apr 2, 2017 1:32am
Quoting Tekkonkira
{quote} Isnt there a support/resistance point around 1.0640 and 1.0605 ish which is in between your sell entry point of 1.0662 and 1.06. You might need to watch PA around there my friend
yea your right. great eye. if it ranges around there , ill just tp .
  • #1,101,186
  • Apr 2, 2017 7:37am Apr 2, 2017 7:37am
Quoting asgcorp
{quote} uchf shorts will also pay out early next week.

ok noted... ill follow. ty asgcorp
Forex Fund manager / Copy trade
  • #1,101,187
  • Apr 2, 2017 9:00am Apr 2, 2017 9:00am
Seem what happening to euro kinda same with what happened to this guy..

Inserted Video


Btw, would like to see euro hitted by a car but still survive (like this guy) for next week.. lol.
  • #1,101,188
  • Apr 2, 2017 9:11am Apr 2, 2017 9:11am
Quoting 4xforfun
Just in 3 days {image}
Hey becareful with your trades, otherwise you'll blow that demo account in quick time......
  • #1,101,189
  • Apr 2, 2017 9:18am Apr 2, 2017 9:18am
Quoting edyraper
Bought $eurjpy 118.70, sl 118.23 buyer at these lows.
Hi edyraper,
I came today looking for you to chk the eurjpy set up on daily but you already posted your trade. 118.50 would be my entry. You have taken a rather big SL.
  • #1,101,190
  • Apr 2, 2017 9:31am Apr 2, 2017 9:31am
Quoting NMZee
{quote} Hi edyraper, I came today looking for you to chk the eurjpy set up on daily but you already posted your trade. 118.50 would be my entry. You have taken a rather big SL.
Missed long gbpaud at 6217. Dont know if going long at cmp brings good R:R. Does have potential for 66xx.
  • #1,101,191
  • Apr 2, 2017 9:58am Apr 2, 2017 9:58am
Quoting NMZee
{quote} Missed long gbpaud at 6217. Dont know if going long at cmp brings good R:R. Does have potential for 66xx.
It depends on the time frame you trade. I don't believe every body trades same TF
Make all mistakes in demo and rain in pips in live account
9jatrader All Time Return: -49.9%
  • #1,101,192
  • Apr 2, 2017 11:10am Apr 2, 2017 11:10am
Quoting 9jatrader
{quote} It depends on the time frame you trade. I don't believe every body trades same TF
True that. i generally look at daily for direction. 4H for confirmation. 1H for trade set ups and 15m for confirmation of the trade set up and execution. Edyraper has just taken a long eurjpy, beautiful entry based on 4H and 1H. I am looking at daily so will be waiting for another 25/30 pips to go down.
  • #1,101,193
  • Apr 2, 2017 12:12pm Apr 2, 2017 12:12pm
Quoting NMZee
{quote} Hi edyraper, I came today looking for you to chk the eurjpy set up on daily but you already posted your trade. 118.50 would be my entry. You have taken a rather big SL.
I'm early a bit I guess , I'll look to get better entry. And I'm watching $eurgbp ~8450ish and $euraud ~3900ish for bids.

Quoting NMZee
{quote} Missed long gbpaud at 6217. Dont know if going long at cmp brings good R:R. Does have potential for 66xx.
I've got a bit at 6247.
  • #1,101,194
  • Apr 2, 2017 12:49pm Apr 2, 2017 12:49pm
Happy Sunday traders.
"Diversification is an excuse for a lack of talent" ~FXC
  • #1,101,195
  • Apr 2, 2017 1:13pm Apr 2, 2017 1:13pm
Quoting edyraper
{quote} I'm early a bit I guess , I'll look to get better entry. And I'm watching $eurgbp ~8450ish and $euraud ~3900ish for bids. {quote} I've got a bit at 6247.
Gbpaud i will prolly look to short around 655x ish.your eurgbp set up around 8425 looks yummyyyy....☺. I am now confused between EJ and EG, can long only 1 cross hmmmm , any suggestions edy....
  • #1,101,196
  • Edited 2:43pm Apr 2, 2017 1:36pm | Edited 2:43pm
Euro was briefly offered at over 1.07+ in off markets
  • #1,101,197
  • Apr 2, 2017 1:38pm Apr 2, 2017 1:38pm
Quoting NMZee
{quote} Gbpaud i will prolly look to short around 655x ish.your eurgbp set up around 8425 looks yummyyyy....☺. I am now confused between EJ and EG, can long only 1 cross hmmmm , any suggestions edy....
Anyone foreseeing usdyen revisiting 110.26 in near future.
  • #1,101,198
  • Apr 2, 2017 1:46pm Apr 2, 2017 1:46pm
Quoting NMZee
{quote} Gbpaud i will prolly look to short around 655x ish.your eurgbp set up around 8425 looks yummyyyy....☺. I am now confused between EJ and EG, can long only 1 cross hmmmm , any suggestions edy....
I've no idea which one will work, all or nothing but will keep tracking them all.

Quoting NMZee
{quote} Anyone foreseeing usdyen revisiting 110.26 in near future.
It's in the noise zone, very possible. I have setups waiting at 108.8x and lower posted earlier. (108.82)
here :
Quoting edyraper
{quote} I think before 110.00 we will have a decent bounce, then down to 108.82+-. 109.98 UM. {quote}
  • #1,101,199
  • Apr 2, 2017 2:00pm Apr 2, 2017 2:00pm
In my Post No. 1,101,193 here https://www.forexfactory.com/showthr...04#post9729004

I use a commercial EA demo TIPU MACD and Trend indicators. Both are available in MT4 forum and market. Here is the MT4 template to download.

PS. I am not a commercial EA salesman.
Attached File(s)
File Type: tpl TIPU Trend.tpl   94 KB | 553 downloads
  • #1,101,200
  • Apr 2, 2017 2:15pm Apr 2, 2017 2:15pm
eur open @ 1.0660
349 traders viewing now