scalping eurusd

[expiated]

I'm not doing anything with this pair until I can recognize a pattern/bias developing...which my eyes are not yet seeing.

 

[cvds16]

for me this was an hourlly engulfer down with 3H stochastics pointing down too.

 

[expiated]

Presently, I view this as a pair with a slightly bullish day-to-day trend that appears to have found support somewhere around 1.2024.

 

[cvds16]

hmm, not so sure about that, but we'll see ... no matter what will close my trade at the end of this hour.

 

[cvds16]

I got three charts on my screen: 3H/1H and 30M now also ... hope this helps me to see things better from now on.

 

[_eug_]

On the daily and 4 hour charts it looks like its ready to go down I think, seems like a trading range between 1.17 and 1.20ish

 

[expiated]

I got three charts on my screen: 3H/1H and 30M now also ... hope this helps me to see things better from now on.

And of course as a day trader, I have been looking primarily at my five-minute chart, sometimes switching to 15-minutes when I desired a wider angle, and occasionally dropping down to the one-minute chart if I felt it was necessary to optimize the timing of an entry or exit.

 

[expiated]

Normally, at this point I would be debating whether I should buy EURUSD at 1.2038. However, given that I do not have a full 24 hours for the trade to develop, I’m opting not to enter another position for the rest of the day/week. Unless your time limit is already up, best of luck with your engulfing candlestick and down-pointing stochastic, and have a great weekend!

 

[cvds16]

I am once again into the lower tf's giving scalping another try. 10M and 15M should be there to help me. Long 1.20324 aiming for 10 pips

 

[cvds16]

out +1