strategies on EURUSD

Jun 06, 2023 at 00:31
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12 Replies
Jun 06, 2023 at 00:31
Hey folks, what unique strategies do you employ when trading the EURUSD pair? Share your secret sauce and let's learn from each other!
Biedrs kopš   13 ieraksti
Jun 07, 2023 at 10:53
I like to wait for break outs of the asian range. So often EURUSD goes sideways in Asia. I just wait for price to break above /below that range
Jun 13, 2023 at 13:30
Oh an interesting observation. Traded on EURUSD only during the European session.
Jun 13, 2023 at 18:04
Trend Following: Riding the trend can be effective. Identify the prevailing trend using indicators like moving averages and focus on trading in the direction of that trend.
Biedrs kopš   98 ieraksti
Jun 20, 2023 at 10:01
Nathanial Chen,

Hey folks, what unique strategies do you employ when trading the EURUSD pair? Share your secret sauce and let's learn from each other!


Hi Nathanial,

I don't imagine any competent Trader who has spent many hours finding there strategy with all the back and forward testing required, and work involved to offer there Secret Sauce on an

open forum.

Just my 2 cents.

Not Specified
Biedrs kopš   9 ieraksti
Jun 20, 2023 at 13:14
I like Asian break trades on EURUSD (and GBPUSD). Work well when trading is range bound in Asia
Jun 26, 2023 at 22:37
Jits2020 posted:
I like to wait for break outs of the asian range. So often EURUSD goes sideways in Asia. I just wait for price to break above /below that range
Sounds like you have a great strategy! Waiting for breakouts of the Asian range in EURUSD is a smart approach,
Jun 26, 2023 at 22:40
Tuxedo888 posted:
 Nathanial Chen,

Hey folks, what unique strategies do you employ when trading the EURUSD pair? Share your secret sauce and let's learn from each other!


Hi Nathanial,

I don't imagine any competent Trader who has spent many hours finding there strategy with all the back and forward testing required, and work involved to offer there Secret Sauce on an

open forum.

Just my 2 cents.


ok I asked the question and it is just a simple question I don't want anybody to share its secrets.
Jul 13, 2023 at 16:05
fxhandbag posted:
I like Asian break trades on EURUSD (and GBPUSD). Work well when trading is range bound in Asia
Oh really? I want to try it. Lol.
Biedrs kopš   4 ieraksti
Jul 13, 2023 at 23:59 (labots Jul 14, 2023 at 00:07)
NathanialChen posted:
Hey folks, what unique strategies do you employ when trading the EURUSD pair? Share your secret sauce and let's learn from each other!


Ignore the bs about the Asian session if you are a new trader. Only action in the London/New York sessions are relevant because that is when the pairs are traded.

Trend is your friend, follow it.

Find your own strategy to wait for a pull back from normal momentum in the trend for your entries, back test the hell out of it then you are on the right path. After back testing using demo is recommended. There's plenty of mistakes to learn from when live trading, even with a winning strategy.

Good luck mate.
Biedrs kopš   98 ieraksti
Jul 14, 2023 at 00:04
one post wonder.
Not Specified
Biedrs kopš   4 ieraksti
Jul 14, 2023 at 18:06
Tuxedo888 posted:
one post wonder.
What does that have to do with anything?
Jul 16, 2023 at 13:37
DanielTaylor posted:
NathanialChen posted:
Hey folks, what unique strategies do you employ when trading the EURUSD pair? Share your secret sauce and let's learn from each other!


Ignore the bs about the Asian session if you are a new trader. Only action in the London/New York sessions are relevant because that is when the pairs are traded.

Trend is your friend, follow it.

Find your own strategy to wait for a pull back from normal momentum in the trend for your entries, back test the hell out of it then you are on the right path. After back testing using demo is recommended. There's plenty of mistakes to learn from when live trading, even with a winning strategy.

Good luck mate.

While it's true that the London/New York sessions often have higher trading volumes, dismissing the Asian session entirely may not be advisable. Each trading session has its own characteristics, and opportunities can arise during the Asian session as well. however thanks, buddy.
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