Daytrading EUR/USD

cvds16 said:
H&S on the 15M to short. I must have say, I missed it partially and only got in rather late ... not quite my day.
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today day range might not be decent ( ie << 70 pips).

during today asian time, someone longed eurusd. but it seems to me like some small boys longed it.

H&S, trend line , TA, SHS PA etc etc doesn't work with very small day range.

typical eurusd day range is around 70 pips and occassionally > 100 pips.
in fact for today, gbpusd day range already 100 pips due to gbp manufacturing production data.
 
maxinger said:
I don't see any eurusd signal for today.
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Eurusd was rallying ok, but it got pulled down along with GBP due to the shitty data.
My target is ard 20 to 30 pips so i do get many signals a day. Sometimes will even scalp if it looksl ike nothing is happening like the 5 ticks taken today.
 
traider said:
Eurusd was rallying ok, but it got pulled down along with GBP due to the shitty data.
My target is ard 20 to 30 pips so i do get many signals a day. Sometimes will even scalp if it looksl ike nothing is happening like the 5 ticks taken today.
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see my earlier posting.
 
for me what was deciding was the daily level of 1.1811 where I took profit. Then messed up by going short because of an ib (which is a wrong signal) and then messed up again by going long and then went short. That's more messing about than I should :(
 
maxinger said:
see my earlier posting.
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You won't know the range of day until it has been made. By then if you enter on any signal it's too late to get a good risk reward. I will rather take trades in anticipation and have small losses with huge profits when things move as anticipated.
 
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