EUR/USD
Member Since Apr 06, 2018
254 posts
Feb 26, 2019 at 14:46
CheCheChe posted:
Perfect range trading conditions. Sell at 1.1355 and Buy at 1.1330. Easy pips making machine. Range trading is way better than trend trading because markets range 80% of the time
I agree with you that markets range 80% of the time but the issue here is
1.How you define a range bound market.
2. What is the definition of range it is 30 pips or 300 pips?
3. What will you do if the market starts trending?
The market will trade through it’s path of least resistance .
Feb 26, 2019 at 17:28
(edited Feb 26, 2019 at 17:35)
It is going to be a long wait if the question is about ranging ahead of next weeks NFP.
1) Bollinger bands are flat (=horizontally) in 4H time frame.
2) Does not really matter. Spread decides if the range is tradeable or not. The wider the bands are the better.
3) I would look for another currency pair to trade. Range is not very profitable, in my experience. I know I'm using wrong tools, but still.
1) Bollinger bands are flat (=horizontally) in 4H time frame.
2) Does not really matter. Spread decides if the range is tradeable or not. The wider the bands are the better.
3) I would look for another currency pair to trade. Range is not very profitable, in my experience. I know I'm using wrong tools, but still.
Member Since Oct 11, 2013
775 posts
Feb 27, 2019 at 00:28
The EURUSD may have found a resistance around the 1.1400 level, but a breakout could take the pair to the 1.1500 zone. To the downside, the 1.1300 level may act as support.
Member Since Apr 06, 2018
254 posts
Feb 27, 2019 at 07:21
LongVision posted:
I am bullish on EURUSD open position on 1.1337 with trailing stop of 60pips.
My position is stuck in a range from the previous 7 days without hitting my stop loss now there is some movement in EURUSD now I hope I will exit my position with a small loss or nice profit.
Attachments:
The market will trade through it’s path of least resistance .
Feb 27, 2019 at 07:24
CheCheChe posted:typical beginners mistake
Perfect range trading conditions. Sell at 1.1355 and Buy at 1.1330 . Easy pips making machine. Range trading is way better than trend trading because markets range 80% of the time
scalping is for advanced traders
Kind regards
i trade to make money not to be right
Feb 27, 2019 at 07:57
alexforex007 posted:that is a good plan if break 1.14 level its going to 1.14700-1.1500 level
The EURUSD may have found a resistance around the 1.1400 level, but a breakout could take the pair to the 1.1500 zone. To the downside, the 1.1300 level may act as support.
en if going down resitance a round 1.13000
kind regards
i trade to make money not to be right
Anthony Rizal (AnthonyWins)
Member Since Nov 09, 2018
212 posts
Mar 01, 2019 at 13:34
I see the opportunity for sell on EUR/USD.
The 1.1372 suppot was broken and the next one is 1.1337
The 1.1372 suppot was broken and the next one is 1.1337
#AnthonyWins
kieran (snapdragon1970)
Member Since Sep 12, 2015
1948 posts
Mar 01, 2019 at 20:46
AkbarM posted:Brexit has little if any effect on Eur/USD ,been trading it a long time.
Lot of resistance at 1.14 once again price fell lower. What do people think the reasons are for the tight range on euro? Is brexit causing indecision?
"They mistook leverage with genius".
Mar 04, 2019 at 07:39
that s the point of course it building up the market
off buyers en sellers .when there are less selers
the morket makers will thake the opposite move after
they made their analyse en will try to atract more buyers
in to the market by misguide them with peak move up the market
en then a sell off drop that is why the accumulation period .
off buyers en sellers .when there are less selers
the morket makers will thake the opposite move after
they made their analyse en will try to atract more buyers
in to the market by misguide them with peak move up the market
en then a sell off drop that is why the accumulation period .
i trade to make money not to be right
Mar 05, 2019 at 08:04
a few pips is good but nothing in compare the hunderds
of pips are to be made on other pairs in the mean time
last week with al the gbp pairs Thousand s of pips to earn .
i you know what your do off course .
of pips are to be made on other pairs in the mean time
last week with al the gbp pairs Thousand s of pips to earn .
i you know what your do off course .
i trade to make money not to be right
