EURUSD

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@patrader - 10 months ago
Quoted - patrader

short half position 4117 stop 8 pips. Not that sure.

Took 2/3 out for 12 pips, left the rest running.
Expecting a reversal late into the day. Classic 20s.

K
@karbin - 10 months ago

I'm out of my short at 397 average for the position. Took it at around 09, and added to it as it was going down.

I was earlier stopped out, I took that earlier entry preemptively, that it would not spike above previous 1H. So, I was stopped out, should have placed a higher SL there.

First chart is the 1H, it was making a lower high & holding below.

I think it could go down more today, or range here. So, I won't be fading it.

I exited my position because I'm doing things today & in this week, otherwise, I think this should be held for the session. There is no counter signal as of now to exit it.

If 390 breaks, it could go to 340 (approx 330-350)), which is also the last month's low & November's low. For any counter Long, I'll try to look for an entry there.

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@patrader - 10 months ago
Quoted - patrader

Took 2/3 out for 12 pips, left the rest running.
Expecting a reversal late into the day. Classic 20s.

Stopped out for BE +1 on the remaining position.


Looks like the franky has put a low for the day. This coincided with the Yesterdays lows rejection and 400 option barrier of 2B.


Ofcourse it is hindsight that low has formed, but i got my pips on the closed position..

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@patrader - 10 months ago

looks bullish today, i am already long 04406 with 5 pip stop. this assumption of bullishness is based on the pa but it could change in the next 2 hours.

If you wanna try long be careful during franky time. Fakeouts are possible at 48 or 55. Only buy predefined or 15 min pullbacks.

K
@karbin - 10 months ago

Right now, it is below the 427 low. For Long, it needs to go above it & hold that low.

I was stopped out of my long at around 440. It was a small 3 pips SL.

K
@karbin - 10 months ago

I'm Long at 4239, stop is below 410. It is a small position. A close above this drop was my entry trigger.

K
@karbin - 10 months ago
Quoted - karbin

I'm Long at 4239, stop is below 410. It is a small position. A close above this drop was my entry trigger.

This is on the 5M. The chart in the previous reply was 10M.

My stop is below the Franky low. It is a very low leverage position. I'll look to add if it starts going up & clear the pre Franky high.

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@patrader - 10 months ago
Quoted - patrader

long 04338.

stopped out on both.

K
@karbin - 10 months ago
Quoted - karbin

This is on the 5M. The chart in the previous reply was 10M.

My stop is below the Franky low. It is a very low leverage position. I'll look to add if it starts going up & clear the pre Franky high.

Update: I was stopped out of this position. I did not close above the 27 I mentioned in my previous update today.

Let us see where Franky opens tomorrow.

K
@karbin - 10 months ago

I've closed my buy for about 11 pips. It does look like it could go higher (Bullish day) if it goes above 428 & 443 (yesterday's high) so I've left small position.

The entry was based on the 15M PA at first 15M of Franky open, with a small stop below it. The second 15M was sort of a better confirmation.

There is also a possibility that London rejects this high & reverses Franky (rather than continue it), so I'm not taking any chances.

K
@karbin - 9 months ago

I'm long from 3907. I've added another at 3977. As of writing this, It does look like it has cleared the opening high of 402, so I'll hold on to it & add if I get the chance.

Stops for both are below the pre-Franky low.

K
@karbin - 9 months ago

The is the 4H inverse. It is trading in sort of a range, so I'm not thinking about closing it right now, and waiting to see PA against on the 1H below closing it.

Also, it has closed above the 402 open.

My position today is smaller than normal. So, my stop is below the pre-Franky still.

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@patrader - 9 months ago

Nearest option barriers for EU 3 Feb 25.

1.0200 0.5 B

1.0325-0350 2 B

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@karbin - 9 months ago

Currently EURUSD is trading below 0360. It is the gap fill, but also the monthly pivot. Atleast in the last 2 years, it seems to be respecting the monthly & yearly pivots.

For bullish momentum in this month, I'm looking for the week to first close above 360. On the Intraday, a close & then hold above 360 in the coming days in required. Otherwise, it will be sell on the pullbacks to this level.

I did not trade the Franky today, it was not at the edges. It came to 350s late in the session, so I did not take it. But there is also large options barrier at this level as @patrader mentioned yesterday.

K
@karbin - 9 months ago

I'm long at 386, stop at 380 will add to it if it starts to go up.

Update: I've moved SL to BE.

K
@karbin - 9 months ago
Quoted - karbin

I'm long at 386, stop at 380 will add to it if it starts to go up.

Update: I've moved SL to BE.

I'm out at 069 for about 20 pips.

I was taking a break of the Asian range, it could have been a false break, but the second 5M was the opposite entry signal, with small SL below it.