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-   -   EURUSD (https://www.forexfactory.com/showthread.php?t=10372)

OhComeOn Feb 26, 2020 8:11am | Post# 1163081

Missed my short entry at R78 this morning and ADR is almost done. I am going to sit today out.

shahab8b Feb 26, 2020 8:27am | Post# 1163082

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I'm just looking to sell more if it gets to 1.09 again today.


PS. "there is also a host of large expiries that is drawing price action in around the 1.0890-00 level (more than €2.5 billion)." from forexlive
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shahab8b Feb 26, 2020 8:29am | Post# 1163083

Missed my short entry at R78 this morning and ADR is almost done. I am going to sit today out.
Put a sell limit @ 1.09, you never know.

fontu Feb 26, 2020 8:30am | Post# 1163084

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ok a rejection but wave still may possible towards targets 1.0920/40/91 having correction chance to 1.08550, waiting
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shahab8b Feb 26, 2020 8:32am | Post# 1163085

ok a rejection but wave still may possible towards targets 1.0920/40/91 having correction 1.08550, waiting {image}
yea, I just want to sell more around 1.09-0925

fontu Feb 26, 2020 8:52am | Post# 1163086

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{quote} yea, I just want to sell more around 1.09-0925
waiting it get the support , even below 1.08320 ok to buy try as next wave can be big impulse 3 of the correction up , all play in huge turmoils , so exaggeration on all sides likely. lets see
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fontu Feb 26, 2020 9:55am | Post# 1163087

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waiting see a rejection in usdx
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here2there Feb 26, 2020 10:18am | Post# 1163088

Now it is a matter of being patient and waiting for a good trade entry. There is no need to rush these things. There will always be opportunities. Don't let FOMO get the best of you.

fontu Feb 26, 2020 11:12am | Post# 1163089

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usdx rejection already started , . one may need confirmation with breaks hold 99.05.
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Amir_Forex Feb 26, 2020 12:48pm | Post# 1163090

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{quote} Cause I'm Harmonic Trader {image}
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smikester Feb 26, 2020 1:27pm | Post# 1163091

Thanks for the charts - everyone.

here2there Feb 26, 2020 2:29pm | Post# 1163092

Thanks for the charts - everyone.
It's good to see some gratitude.

I went out of my way the other day to give an in depth analysis, and it's like most people don't seem to care. One person even made a nasty remark about me (by implication).

It's no wonder people are reluctant to share. I think I will use my time elsewhere from now on. My skills are not welcome here.

smikester Feb 26, 2020 2:47pm | Post# 1163093

{quote} It's good to see some gratitude. I went out of my way the other day to give an in depth analysis, and it's like most people don't seem to care. One person even made a nasty remark about me (by implication). It's no wonder people are reluctant to share. I think I will use my time elsewhere from now on. My skills are not welcome here.
Whether I agree with the sentiment or not, a chart to explain what is seen is key.
You are much appreciated here, believe me.

smikester Feb 26, 2020 2:48pm | Post# 1163094

{quote} . . . {image} {image} {image}
And that goes for you too... :-)

viktoriaxz Feb 26, 2020 3:50pm | Post# 1163095

If look my indicators EurUSD will go 1.09600-750 minimum maybe more

fontu Feb 26, 2020 3:55pm | Post# 1163096

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So waiting next jump towards targets , settle over 1.0900 or 0920 initial target overnight. at least with correction down usdx next.
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EvilEye Feb 26, 2020 6:10pm | Post# 1163097

BE+1 hit from yesterday with a huge spike before heading to a reset ADR. Darn it.

Anyway, upwards movement has been running out of steam a while now. Awaiting a new high to cap off this trend upwards, or perhaps we will just roll off and consolidate below. Not sure now. Another waiting game.

Techanalyst Feb 26, 2020 7:59pm | Post# 1163098

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I will show the example how you can find support/resistance zones. I will attach the chart. First you look at the line charts and place support/resistance horizontal lines. Once you do that, you can go back to candlestick and see where everything is. Of course with identifying if it is bullish or bearish and it should be easier to know where you will buy/sell. In case that is your strategy, I use to trade like that and it did help identifying S/R zones.
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PatienceFx Feb 26, 2020 11:09pm | Post# 1163099

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euraud h4 high volume bar, profit booking by bulls
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EvilEye Feb 27, 2020 1:02am | Post# 1163100

Looks like the market is over extending again.
Id like to consider seeing failed attempts at a new high before even considering a short

The reversal parts at the end of a swing are typically hard to pick though. No shame is letting some of these trades go through to the keeper.


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