photo
Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
+ Reply to Thread
Page 451 of 464 FirstFirst ... 351 401 441 449 450 451 452 453 461 ... LastLast
Results 4,501 to 4,510 of 4635
Thread: EUR/USD pair discussion
  1. #4501
    Forex in the blood
    ----
     
    bukky12 will become famous soon enough bukky12 will become famous soon enough bukky12's Avatar
    Join Date
    Dec 2017
    Posts
    278
    Accumulated bonus
    794.07 USD
    Thanks
    48
    Thanked 102 Times in 32 Posts
    Yesterday, there was a parody of trading.
    The price was not shifted even by a point. The market opened at 1.1351 and closed at the same mark.
    There were 30 points back and forth, and the trading day closed in nobody's favour.
    It is a good thing that the trading amplitude turned out to be about 60 points, but this did not affect my trading result. The final target were not achieved, so I look forward to further development of the situation.
    In addition to the fact that at the end of the day, the price almost remained unchanged, the trading range for option levels also did not changed.

    It is also a good thing that the trade volume differs from the previous range.
    The most interesting thing for me is that from this trading range, there is a persistent turnover of put options at 1.1300.
    Yesterday, there were 30 points left to reach that level, so the option with a decrease is postponed to today.
    The limit purchase has waited long enough for the price at this level. If I start with growth from the current ones today, I will remove the limit order.
    The upper range at 1.1400 at futures prices for opening an intraday sale was not achieved.
    Since the levels have not been worked out, we will try to do it today.


    Open interest:
    The situation with a short contract contributes to the further growth of the euro. There is the largest number of put options at 1.1350 at futures prices, which does not allow the price to collapse. In fact, yesterday's trading day was fully confirmed.
    Even if they try to descend to 1.1300, the risk premium at the strike of 1.1350 will allow such a maneuver to be made.
    The maximum accumulation of call options is at 1.1450. This will be the upper range, at least until Wednesday.
    Just in this range, I have got take orders for open purchases.
    The range is not great, only 100 points, but this is quite enough to earn 100 points from each open transaction.
    By the way, there is the Max Pain level at 1.1350, where the profitability from options is minimal, so we should not work at this level for a long time.



    As for the trading actions, there were no such conditions to close purchases either with a profit, or at a loss. Besides, the pending order was not achieved.
    I only changed the levels for take profit orders. Whereas previously they all were at the same level of 1.1480, the targets are now 100 points above the entry points. In addition, I removed the differences between take and stop orders to 100 points, according to the strategy.
    Given the fact that stop orders are outside the risk premium, and profit orders are within the premium, these are good conditions for transactions.


  2. The Following 4 Users Say Thank You to bukky12 For This Useful Post:

    Ademic (12-04-2018), Ifxbuk (12-04-2018), ronkie (12-04-2018), Unregistered (1 )

  3. <a href="">&#1060;&#1086;&#1088;&#1077;&#1082;&#1089; &#1087;&#1086;&#1088;&#1090;&#1072;&#1083;</a>
  4. #4502
    NF Rookie
    ----
     
    ronkie will become famous soon enough ronkie's Avatar
    Join Date
    Jan 2018
    Posts
    48
    Accumulated bonus
    88.46 USD
    Thanks
    51
    Thanked 86 Times in 21 Posts
    The range of 1.1395, which was allocated earlier, really turned out to be an important level at which sales were opened. Buyers managed to make the price increase again, but this growth did not bring any support. The impulse growth was replaced by a strong fall in the price.
    Additional conditions for sales were also confirmed.

    After the initial price increase, the price began to fully work out the downward impulses that occurred in advance.
    The price reduction broke through the level of 1.1380, but there was no test of the level, so there was no entry according to the basic conditions of the trading system. The sale was opened on the basis of additional conditions and the target for this sale was insignificant.
    If we consider sales, the first signal for this will be a breakout of the 1.1320 level.
    Price consolidation below this level will be a condition for opening a position.
    The nearest resistance level is in the range of 1.1270, so a take profit order should be better placed here.
    Stop loss order should be placed after the breakout of the 1.1380 level. This level will be the nearest resistance.

    Now, it is better for us to consider purchases. The first signal of possible growth is a failed attempt to break through the level of 1.1320. The presence of two candles with great shadows indicates the weakness of sellers. Besides, this level is a test of the broken triangle, to which I have referred earlier.
    Due to the creation of such conditions, I opened the purchase. The nearest resistance level is at 1.1380, so I am going to close the position with a profit at this level.
    If you want to close the purchase using a stop loss order, it should be done after the breakout of the 1.1270 level, which is the next support.
    If buyers manage to break through the level of 1.1380, this will be another signal for growth. The condition for entering will be the price consolidation above it.
    Take profit order for this purchase should be placed at the level of 1.1420.

    The market profile indicates that at the level of 1.1395, there is still a significant range of sales.
    Above this level, there is the level with a small volume; the price will try to test this level.
    In addition, on the way to growth to 1.1415, there is another level with a small volume that the price can test in the very near future.


  5. The Following 4 Users Say Thank You to ronkie For This Useful Post:

    Ademic (12-05-2018), becky (12-05-2018), bukky12 (12-05-2018), Unregistered (1 )

  6. #4503
    Will work for pips
    ----
     
    becky will become famous soon enough becky's Avatar
    Join Date
    Jan 2018
    Posts
    60
    Accumulated bonus
    25.09 USD
    Thanks
    49
    Thanked 93 Times in 24 Posts
    Good night, everyone!
    As one fellow trader noted, yesterday’s key level was 1.1350.
    There was a guess in the morning that the price would easily reach the 13th level especially after the breakdown of the14th level. The price really dropped by quite a lot of pips but didn’t manage to touch the target of 1.1300.
    The market situation indicated the reason for a slowdown in a pace of price decline. All options with different expiration dates found support and stopped at 1.1350.
    I agree that there would be a greater put volume at 1.1250 but it doesn’t make all the previous levels not significant. If there was no considerable volume at 1.1350 and 1.1300, it would be logical to keep euros, yet, the market suggested otherwise.
    I’d say the best situation we could find on a daily range for a weekly contract.
    The 1.1350 level is an obvious support favorite there and the resistance is seen at 1.1550.


    Open interest:
    Finally, the update on the open interest is out. Apparently, noticeable put volume was added at 1.1250. This addition could allow the price to go down to that level, although such a deep lowering didn’t happen.
    The largest call volume was added at 1.1500. However, yesterday this level was not reached anyways.
    The hedging was done far from actual prices, probably, due to fears of increased volatility amid the G20 summit.


    Trading plan:
    1. I had to close 2 of yesterday’s sale deals at 1.1340 urgently. The initial targets were lower, but situation had changed during the day, so I had to act accordingly. Otherwise, I would still hold sales.
    2. I entered market to buy at 1.1340. The first trade came out at 1.1341, and the second one was a bit delayed. I could buy for 1.1316 but I noticed it too late. So, I put stop order and limit within the current price avoiding profit loss. I’m going to keep that buy trade which will be opened first, and the other one is to be removed.
    3. I set goals for 100 pips from the opening level. Deals’ risk is 3% of the initial deposit.

    Name:  Screenshot_3.jpg
Views: 1100
Size:  221.4 KB
    I wish the price to grow for all the buyers and to decline for all the sellers. Have a good time!

  7. The Following 4 Users Say Thank You to becky For This Useful Post:

    Ademic (12-05-2018), Ifxbuk (12-05-2018), ronkie (12-05-2018), Unregistered (1 )

  8. #4504
    Forex in the blood
    ----
     
    Ademic will become famous soon enough Ademic's Avatar
    Join Date
    Dec 2017
    Posts
    287
    Accumulated bonus
    88.62 USD
    Thanks
    58
    Thanked 87 Times in 24 Posts
    The euro continues to heat up the situation.
    I suspect that the next target will be the 12th figure.
    And maybe not straight, through a pullback, but still ... It is not too comfortable to buy with the targets above 1.1380, because the bears are pressing.
    Yesterday's price movement was quite obvious. The only thing I did not expect was sharp impulses.
    In the morning, the target above 1.1420 was worked out, and then there was a sharp collapse that closed the north on H1.
    Yes, the range of 1.3010-20 is not broken, but purchases are already questionable. Even if you want to buy, in this case, the target should be not higher than 1.1380.
    By the way, there is also the range of Monday's maximum liquidity here.
    Now this zone acts as resistance.
    As soon as we can go higher, we will continue to grow.
    I do not strongly believe in continuation of the north, but I do not exclude this option.


    Everything is about the 13th and 14th figures.
    We can not decide. This behavior can only indicates the accumulation of positions by a major player.
    Staying in the flat is the best way to drive impatient sellers and buyers into the market.
    In general, I don’t like the situation with the euro. I don't even want to trade.

    In short, the situation is as follows:
    1. The price will give a pullback towards the north in the area of 1.1380. Here, we can search for a point for sale.
    Without such a pullback, I will hardly open a sale. I will adapt the situation.
    2. Yesterday and today, there were buyers in the range 1.1320-30, but so far I do not see the continued north.
    It may well be that, reaching the level of 1.1418, they have just fixed their positions.
    3. The target of the decline is 1.1270-80. Here, the bulls will maintain the price. But it does not mean that they will be able to do this.

    The delta chart shows that the market is dominated the buyers. But the price is not allowed to increase much.
    In my opinion, major tragers do not want to drive up the price so high.


    As for the option levels, the situation is as follows:
    - the call level is at the price of 1.1380;
    - the put levels at prices of 1.1330 and 1.1280 (I highlighted two of them).

    At these levels, the price will receive support or resistance.
    So, at about 1.1380, we can open sales with the targets of 1.1330 and 1.1280.

    As for the north, we need to go through two levels and consolidate higher:
    - the first obstacle is at 1.1380;
    - the second obstacle is at 1.1420.
    After overcoming these obstacles, we can safely open long positions.



    So, I wish everyone successful trading!

  9. The Following 4 Users Say Thank You to Ademic For This Useful Post:

    becky (12-05-2018), Ifxbuk (12-05-2018), ronkie (12-05-2018), Unregistered (1 )

  10. #4505
    Forex in the blood
    ----
     
    bukky12 will become famous soon enough bukky12 will become famous soon enough bukky12's Avatar
    Join Date
    Dec 2017
    Posts
    278
    Accumulated bonus
    794.07 USD
    Thanks
    48
    Thanked 102 Times in 32 Posts
    Hello, dear traders.
    Today, I expect the northern trend, but I have not only a northern pullback, but a northern movement.
    The targets for this growth are higher than 1.1380.
    At 1.1350, there was a maximum turnover of put options yesterday, and for all option contracts (weekly, monthly, and half-weekly).
    At 1.1270-80, the bulls have long supported the price, at least since 28 November. If there is a decline to this level today, it will be a blow for buyers.
    I have got support in the current price range. The put level is at about 1.1350 at futures prices. It is about 1.1340 at forex prices. Given the risk premium, we get a critical mark for a decline at 1.1305. Any way out of the price below 1.1305 may create a backlash, as it happened to the call level yesterday.
    As for the option call level for today, it is at 1.1500. In the forex market, this is the area of 1.1490. The premium is not significant there, so growth is unlikely.

    Changes in open interest:
    The monthly contract, the expiration of which will be held in two days, deserves particular attention. In addition, there were the most significant changes in the monthly contract.
    According to these changes, the most important thing we can point out is a significant outflow of put options from distant strikes at 1.1250 and 1.1300.
    What is interesting about these levels? If we look at the Expected Range, there was the maximum turnover at these levels yesterday. On the one hand, this is the level from which we can buy. On the other hand, the outflow of put options indicates that these levels may not be reached, as interest in them decreases.
    As for the call options, there are no significant changes.

    Trading plan:
    Yesterday, the first purchase at the price of 1.1341 was opened. Stop and profit orders are 100 points from the opening price.
    Today, I have opened another purchase at the price of 1.1328. Stop and profit orders are also 100 points from the entry.
    The risk in transactions is 3%.
    The best thing about this situation is that take orders are below the resistance level, while stop orders are well below the critical level for reduction.


  11. The Following 3 Users Say Thank You to bukky12 For This Useful Post:

    becky (12-05-2018), Ifxbuk (12-05-2018), Unregistered (1 )

  12. #4506
    Forex in the blood
    ----
     
    Ademic will become famous soon enough Ademic's Avatar
    Join Date
    Dec 2017
    Posts
    287
    Accumulated bonus
    88.62 USD
    Thanks
    58
    Thanked 87 Times in 24 Posts
    I’ve noticed a rather interesting situation at 1.1345.
    Let me provide more details. During the European session this level was broken by a bullish impulse. It was the first signal for a further rise.
    After that, the price tested this level and settled above it. This conditions were formed on the M5 time frame.
    I could open a buy deal under these conditions but I missed this opportunity.
    Even if I were at my desk at that moment, I would not open a buy deal as I already had a buy trade in this range.
    The nearest resistance level lies near 1.1380 so I will close my buy deal in this range.
    I set the stop loss for my buy deal below the level of 1.1270 that is the nearest support level.
    If buyers manage to break the level of 1.1380, it will be another signal to buy. The main condition for opening a buy deal is if the price holds above the level of 1.1380.
    The take profit can be set at 1.1420. The stop order should be placed after breaking the level of 1.1320.
    At this level the bullish divergence has been formed that is a sign a continuation of the bullish trend.



    Conditions for selling:
    A false break of 1.1360 will be the first signal of continuation of the bearish trend.
    This level was formed today.
    If the price settles below the level of a false break, it will be a signal to sell.
    The nearest support will be found at 1.1320, so you’d better set a take profit at this level.
    A break of the 1.1320 level will be the next signal to sell.
    If the price holds below this level, it will be a condition for opening a deal.
    The nearest resistance level is found at 1.1270, so the take profit should be set in this range.
    The stop loss is better to be placed after the price breaks the level of 1.1360 which is the nearest resistance level.



    The market profile shows that small volume is located near 1.1345. The price has already tested this level, so it can be an additional signal for a rise.
    The biggest volume was seen at 1.1365 that serves as the resistance.
    Besides, the delta of the market shows a big number of buy deals were opened.
    It is also a signal for continuation of the upward trend.


  13. The Following 5 Users Say Thank You to Ademic For This Useful Post:

    becky (12-06-2018), bukky12 (12-06-2018), Ifxbuk (12-06-2018), ronkie (12-06-2018), Unregistered (1 )

  14. #4507
    NF Rookie
    ----
     
    ronkie will become famous soon enough ronkie's Avatar
    Join Date
    Jan 2018
    Posts
    48
    Accumulated bonus
    88.46 USD
    Thanks
    51
    Thanked 86 Times in 21 Posts
    The euro is taking sure steps ... but in the same place.

    Hello, everyone.
    There is some sort of mix-up in the market. There is no one direction of the pair. It is just going up and down.
    Yesterday, there was reduced volatility in the market due to the Americans. And the Europeans cannot move the market themselves, so they spent the whole day in the range of 50 points.
    Is there something interesting for us today? Maybe.


    Today, I am going to work off the intended target in the range of 1.1380-1.1400. This is the right place for fixing purchases and a possible search for sales, but only after a signal that the growth is completed.
    Today, I will not place pending orders, I will try to monitor the situation and enter manually.

    There is an option with a false breakout of the 1.1310 support level.
    Based on the data on options, this option is possible.
    Today, the optimal points for opening buy delas are the following levels:
    - 1.1340;
    - around 1.1310-1.1320.
    The targets for purchases are closer to the local high: 1.1390-1.1400.

    Cancellation of the north.
    After the price consolidation below 1.1310, I will consider sales, since after such a decrease, the intraday north will be canceled. And this means that we can consider sales with the targets in the area of 1.1270 and below.


    Option levels.

    Based on the data from the Chicago exchange, we can note the option levels of support and resistance.
    So, today, the main resistance of the price for further growth is the call level at the strike of 1.1400 + premium.
    At forex price, this range is from 1.1390 to 1.1410-20.


    This is the place where we can close purchases and wait for a point to sell.
    The following put levels act as support for the price:
    - 1st at the strike of 1.1350 (1.1340 at forex prices);
    - 2nd at the strike of 1.1300 (1.1290 at forex prices).

    Thus, we get the range for intraday trading: 1.1290-1.1340-1.1390-1.1400.

    Conclusion.
    So, I am planning to keep purchases in the area of the 14th figure. Then I will adapt the situation. As soon as there is a signal that the growth is completed, it will be possible to sell. The cancellation of the north within the day will be the price reduction below 1.1310. False breakout of this level is possible and is not considered to be a growth cancellation.
    So, I wish everyone profitable trading!

  15. The Following 5 Users Say Thank You to ronkie For This Useful Post:

    Ademic (12-06-2018), becky (12-06-2018), bukky12 (12-06-2018), Ifxbuk (12-06-2018), Unregistered (1 )

  16. #4508
    Forex in the blood
    ----
     
    bukky12 will become famous soon enough bukky12 will become famous soon enough bukky12's Avatar
    Join Date
    Dec 2017
    Posts
    278
    Accumulated bonus
    794.07 USD
    Thanks
    48
    Thanked 102 Times in 32 Posts
    Hello, dear traders.
    Today, the main option is purchases from the level of 1.1340. It will be interesting if there is another false breakout of the false breakout.
    Even if we take the monthly option put level of 1.1350, the premium is 28 points. If you consider the level for Forex, we get 1.1312. (1.1350 - 0.0010 - 0.0028 = 1.1312). Yesterday's low was at 1.1310, that is, even according to the risk premium, there is no update of yesterday's low... But the Americans can change the situation. In this case, I have a pending order for the purchase.
    The upper limit is at 1.1400 at futures prices. This will be the nearest important level where the price will meet resistance.
    As for the weekly contract, I expect even 1.1550. So, we will be waiting for the 14th figure and then make a decision.

    Changes in open interest:
    There is a significant addition at 1.1400. But this is only to our advantage, since I expect growth, and the addition of call options at 1.1400 will be good for further growth.
    At 1.1350, another put options were added, thus strengthening the level of support again. This level is being tested for the fourth day in a row, but today, I expect the final race from 1.1312 to 1.1401.
    Furthermore, 1.1401 is the minimum for growth. At best, the local level of 1.1420 will be broken.

    Trading plan:
    Three purchases are already in the works. The range for purchases turned out to be from 1.1328 to 1.1341.
    Take profit orders are placed a little higher than 1.1401. If necessary, I will close at this level manually.
    Stop loss orders start from 1.1240 and below.
    There is an option with sales from 1.1400, but we need to see the willingness and desire of influential sellers to lower the price from this level.
    If there are large volumes, or there is a pin, it will be clear that the level is for sales.
    If this level acts as a pullback, there will be low activity there and we can expect an increase in the price.


  17. The Following 4 Users Say Thank You to bukky12 For This Useful Post:

    Ademic (12-06-2018), becky (12-06-2018), Ifxbuk (12-06-2018), Unregistered (1 )

  18. #4509
    Forex in the blood
    ----
     
    mghorab has a spectacular aura about mghorab has a spectacular aura about mghorab has a spectacular aura about mghorab's Avatar
    Join Date
    Aug 2015
    Posts
    496
    Accumulated bonus
    190.27 USD
    Thanks
    218
    Thanked 261 Times in 172 Posts
    The EUR / USD pair made fresh positive attempts but SMA 50 continues to form a strong resistance against the pair. The downside movement remains valid for the coming period, with stability below 1.1443 being the key requirement for continued bearishness targeting 1.1300 and 1.1181 as next major stops.

  19. Sonata 19
  20. #4510
    Will work for pips
    ----
     
    becky will become famous soon enough becky's Avatar
    Join Date
    Jan 2018
    Posts
    60
    Accumulated bonus
    25.09 USD
    Thanks
    49
    Thanked 93 Times in 24 Posts
    My expectations have been realized. Now there is only one small concern regarding the direction.
    Until 1.1420 is not achieved, the south is still in force.
    Yesterday, the pair managed to give the necessary movement.
    I closed purchases, but did not sell.
    Still, I expect the continuation of the north until the news on non-farm payrolls is released.
    As soon as there is news, I will close my deals.
    I do not like being nervous, nerves, I'd better watch from the sidelines and get some rest.
    This week is not so active, as demonstrated by the balance sheet.
    The news on non-farm payrolls will be able to turn the price in any direction.
    In my experience, such news often determines the further direction of the whole movement for several weeks.
    This is not the only one, but it can set the course.

    What is the current situation?

    Now the pair is quietly going down for a pullback.
    I will try to buy in the area of 1.1350-1.1320. Or earlier, if there is an entry point.
    We should get here at the very beginning of Europe, and then go to work off the north at about 1.1450.
    But it is unlikely to achieve the 15th figure.
    There is the only hope for the news, after which we’ll finish off the top with an impulse.
    The level of 1.1450-60 is intermediate, but it can rebound the price well.


    There is still no certainty about the options.



    Most have already switched to the new monthly contract, and the current one is spending its last hours.
    Although if you take weekly options, we can dedicate the working area for intraday trading.
    The maximum volume of PUT options is at the strike of 1.1350. This level can act as support.
    The maximum volume of CALL options is at the strike of 1.1550. I doubt they will be able to get here.
    There is the Max pain level at the strike of 1.1500. I mentioned it before. I am sure they can reach here.

    This is the level where the price will strive before the expiration which is supposed to be today.


    An alternative may be the southern movement.
    In this case, I will skip it.

    Conditions for changing the trend:
    - the price consolidates below 1.1305;
    - there is volume; there are clearly expressed sellers
    - the targets for a decline are the level of 1.1270, and then 1.1220.


    This option may be realized next week after the release of positive data for the dollar.
    In general, today, I expect growth, movements due to the news, and then the south.

  21. The Following 4 Users Say Thank You to becky For This Useful Post:

    Ademic (12-07-2018), bukky12 (12-07-2018), Ifxbuk (12-07-2018), Unregistered (1 )

+ Reply to Thread

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forex Forum Nigeria – Presentation
You are welcome to the Forex Forum Nigeria serving as a virtual salon for communication of traders of all levels. Forex is a dynamically developing financial market which is open 24 hours a day. Anyone can get access to this market via a brokerage company. On this forum you can discuss the numerous advantages of trading on the currency market and all aspects of online trading on MetaTrader4 and MetaTrader5 platforms.

Forex Forum Nigeria – Trading discussions
Every forumite can join a discussion of various issues, including those related to Forex but not limited to. The forum has been designed for sharing opinions and helpful information and is open for both professionals and beginners. Mutual assistance and tolerance are highly appreciated. If you would like to share you experience with others or deepen your knowledge of trading craft, you are most welcome to the forum threads dedicated to trading discussions.

Forex Forum Nigeria – Dialogue between brokers and traders (about brokers)
In order to be successful on Forex, it is crucial to choose a brokerage company with due diligence. Make sure you broker is really reliable! Thus you will be impervious to many risks and will make profitable trades on Forex. On the forum a rating of brokers is represented; it is based on comments left by their customers. Post your opinion about the brokerage company you work with, it will help other traders avoid mistakes and choose a good broker.

Unleashed communication on Forex Forum Nigeria
On this forum you can talk about not only trading issues, but any other topics you like. Offtopping is allowed in a special thread too! Humour, philosophy, social problems or practical wisdom – converse about anything you are interested in, including forex trading if you like!

Bonuses for communication on Forex Forum Nigeria
Those who post messages on the forum can receive money bonuses and use them for trading on an account of a forum sponsor. The forum is not meant for gaining profit; however forumites can get these small bonuses as reward for the time spent on the forum and sharing views on the currency market and trading.