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post Aug 19, 2019 7:17am | Post# 1159301

Sold 1.1102.5, SL: 40 pips, TP: Open Pending Sell orders: 1.1112, 1.1120, SL & TP the same Happy Trading
meanwhile 1.1112 got activated.

Happy Trading

PatienceFx Aug 19, 2019 7:17am | Post# 1159302

EUR/USD's descent still continuing
clear 1085 and it will be faster, if it does not then trouble

anyways i am holding a short trade

john-smith Aug 19, 2019 7:23am | Post# 1159303

{quote} clear 1085 and it will be faster, if it does not then trouble anyways i am holding a short trade
agreed, I'm not putting a trade on it though I'm still not 100% sure

TudorIoan Aug 19, 2019 7:34am | Post# 1159304

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{quote} Nice intraday resistance to sell. Sold myself some... GL! {image}
Ok, how mmmany times I have to spell it for you, my dear friends, timing is everything!
Oups, did I said support and resistance ?

April 1.1111 ?

Collecting some cash here, I really hope you don't mind...
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post Aug 19, 2019 7:47am | Post# 1159305

{quote} Ok, how mmmany times I have to spell it for you, my dear friends, timing is everything! Oups, did I said support and resistance ? April 1.1111 ? Collecting some cash here, I really hope you don't mind... {image}
Gladly , just collected few

Happy Trading

MrPresident Aug 19, 2019 9:06am | Post# 1159306

possible that the market will trade in tight ranges until Powell testifies this week, could be boring

fontu Aug 19, 2019 9:58am | Post# 1159307

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watching usdx bull top , get support to bull at 98.03 otherwise signal 98 breaks down to 97.90 minus to try last up or fail to seelt below this signal for confirmation down 97.38. that is looking for failure bull as start
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pridolfx Aug 19, 2019 10:04am | Post# 1159308

its fucking flatt today

plymgary Aug 19, 2019 10:50am | Post# 1159309

Got a short in at 1.114 on the back of the strong USD data released last Thursday. Unless some deal breaks with Brexit over the next few weeks (which I doubt), or strong Eurozone figures are released on Thursday then I imagine the Euro continue down?

Currently aiming for a T/P of 1.062, with B/E already set.

I trade the weekly charts. Prefer placing fewer trades which I feel have a better probability of success.

auricforecas Aug 19, 2019 1:44pm | Post# 1159310

Well as much as I like being right... and all.. been consistent with (down) trend direction, without the "maybe".. since 22JUL... and been posting/trading trend line chart(s) since 25JUL... I do not like this sudden ("radical") drops... They do not bring anything good... "unexpected" reversal/spikes are painful (if you do not know how to time them properly.. - which is very hard, I think).. So I would bet on reversal for at least 30PIPs (to like 1.1120) if not till 1.1169+ (to touch the merlins line, again)... otherwise, we are in some serious HAMMER-down...
I do not like the (current) market at all... My model recognised MASSIVE (buy) positions/pattern for/at the end of last week, beginning of this (but then... SHORT till 31OCT)... massive BUY moves to be exact, but nothing is happening... which means one of the following... (temp) "buy signal" from model is wrong or there are buys but are countered... OR... there will be MASSIVE up-spike very soon (ELSE: PAR(I)TY2019)... I really do not like this... something going on... Trump already used this opportunity to TWITT the slaughter of rates... of at least 1.00% + quantitive easing (toilet paper printing)... wtf man... ECB would be on LSD hearing this... printing machines would go into (core) meltdown... That is why... I STRONGLY "urge" market to rebound to "healthy"... 1.1120-1.1160+... with slow decline (resumed) from there... till the end of oct at which point the price would land at 1.1000... without much drama... DAILY (CHANGE) RATE is everything... slow enough that they can not be playing with fingers on the scale.. so much... But with this kind of drop(s)... they would have much less problem explaining/justifying.. playing the wizard(s) of OZ.. yea.. the prison facility edition

https://twitter.com/realDonaldTrump/...72272612626433
https://twitter.com/realDonaldTrump/...72273388576768

P.S. If the rebound to the price I mentioned above does not happen this week (should have already.. or within 25h...)... Then I believe we will PARTY to till/the PARITY... #PAR(I)TY... till the (end of) December (end of 2019)...
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Therefore... I strongly advise rebound and continuing with slow decline..

asgcorp Aug 19, 2019 4:06pm | Post# 1159311

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yeah I know this is a very basic line on EURUSD daily, however I believe it's got what it takes to produce a big reversal.
Next move is very likely 1000-1300(1350), possible tech overshoot near 0975 I can't rule that out.
DXY is getting very very overextended and running on borrowed time now.
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asgcorp Aug 19, 2019 4:25pm | Post# 1159312

bears will learn a lesson in school of hard knocks when price gets close to 1000 this week.

MrPresident Aug 19, 2019 4:27pm | Post# 1159313

bears will learn a lesson in school of hard knocks when price gets close to 1000 this week.
bulls are still trying to buy in a bear market

asgcorp Aug 19, 2019 4:30pm | Post# 1159314

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{quote} bulls are still trying to buy in a bear market
you know there are two buttons in my terminal I can buy and sell when I want to.
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MrPresident Aug 19, 2019 4:43pm | Post# 1159315

{quote} you know there are two buttons in my terminal I can buy and sell when I want to. {image}
sure, but only one button is profitable at this time and that is SELL as shown on the chart lol

MrPresident Aug 19, 2019 5:01pm | Post# 1159316

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bulls will be trapped after these events

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very likely that 1.10 will be broken and below, 1.08 is the next reasonable target, followed by 1.04

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Germany and the rest of the EU countries are entering a recession while the US is still strong

MrPresident Aug 19, 2019 5:10pm | Post# 1159317

example of where the banks got it wrong about the EUR/USD forecast from an article published on 17 April 2019

https://www.poundsterlinglive.com/eu...ullish-outlook

Strategists at Nordea Bank have meanwhile this week told clients the EUR/USD exchange rate will probably rise to 1.1800 by the middle of the year as liquidity surges.

looks like they were very wrong lol, the other banks are no different and many retail traders lost money following such advice

coderr Aug 19, 2019 6:04pm | Post# 1159318

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maybe-h1-senario
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olderekg Aug 20, 2019 3:39am | Post# 1159319

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post Aug 20, 2019 4:05am | Post# 1159320

example of where the banks got it wrong about the EUR/USD forecast from an article published on 17 April 2019 https://www.poundsterlinglive.com/eu...ullish-outlook {quote} looks like they were very wrong lol, the other banks are no different and many retail traders lost money following such advice
Yep Banks underestimated the power of the devil, plus they didn't take into account that the devils has a tweeter account too.


Happy Trading


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