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engweijie Apr 19, 2019 2:15am | Post# 83941

{quote} Happy Easter and thank you! I have been trading for just a year and this slow range is like "what"! Are the trading gods playing jokes on us.
It will move (a holiday in one part of the world is a normal working day somewhere else, and banks have global branches not to mention algos and money changers are always at work), just not as fast as you would expect. I vaguely remember certain ‘off’ or supposed low volatility days churning up a nice huge range last year, but then again it’s Easter so everyone I hope you guys are enjoying it with your loved ones and have a great extended weekend man!

wealthyqueen Apr 19, 2019 2:24am | Post# 83942

{quote} It will move (a holiday in one part of the world is a normal working day somewhere else, and banks have global branches not to mention algos and money changers are always at work), just not as fast as you would expect. I vaguely remember certain ‘off’ or supposed low volatility days churning up a nice huge range last year, but then again it’s Easter so everyone I hope you guys are enjoying it with your loved ones and have a great extended weekend man!
I was laughing at your mention of the 15 pips in January! Poke my eyeballs out. Time with family and relaxation is what it is all about my friend. Take great care and lets hit it next week.

Seysin32 Apr 19, 2019 4:29am | Post# 83943

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Hello everyone.
It was a good week. I think today we will not see anything interesting.
I will wait for the development of the situation and beautiful signals in accordance with my plan #post
On the weekly map, we see a narrowing of the price range, and this promises an interesting trading and good opportunities.
We will try not to miss them.
All good mood and good weekend.
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Mitiblotch Apr 19, 2019 5:22am | Post# 83944

Slow day, but short 1.12442. SL at 1.1280 (just want to put it far away). Would like to see the week close very near 1.12 and then I'll buy again depending on PA.

Happy Easter to all.

Oc6oph Apr 19, 2019 5:34am | Post# 83945

Looking bullish on H4

Hutch Apr 19, 2019 5:42am | Post# 83946

Slow day, but short 1.12442. SL at 1.1280 (just want to put it far away). Would like to see the week close very near 1.12 and then I'll buy again depending on PA. Happy Easter to all.
Slow day … you mean almost at full stop day with an ATR of 21 today!

Mystskull Apr 19, 2019 6:58am | Post# 83947

Today has been a really slow day with nothing much happening. Although i do want to note that price has gone back up above the 61.8% retracement level (1.12374) meaning that this could be retracement bounce. But really nothing has happened and i would not be surprised if nothing significant happens for the rest of the day, might have to wait till next week before we see some movement.

dcbrit2003 Apr 19, 2019 7:08am | Post# 83948

Today has been a really slow day with nothing much happening. Although i do want to note that price has gone back up above the 61.8% retracement level (1.12374) meaning that this could be retracement bounce. But really nothing has happened and i would not be surprised if nothing significant happens for the rest of the day, might have to wait till next week before we see some movement.
USD news at 13:30 BST might spice things up a little. That remains the best chance of some volatility today

Mystskull Apr 19, 2019 7:21am | Post# 83949

{quote} USD news at 13:30 BST might spice things up a little. That remains the best chance of some volatility today
Yes hopefully hahaha. Our last chance for something exciting to happen. Will wait to see how it goes.

Muhammedfx Apr 19, 2019 7:23am | Post# 83950

obviously nothing to trade today. just baby sitting yesterday longs.

conradmied Apr 19, 2019 8:49am | Post# 83951

1.1242 Short

TP: 1.1207
SL: 1.1285
Traders bought heavily yesterday into the decline so overall bearish sentiment

Retail Traders: Buying
Banks: Selling

Ata-Turkoglu Apr 19, 2019 11:33am | Post# 83952

Market doesn't allow price to distant itself from today's London opening price. Meaning: Banks haven't decided yet how to trick retail traders..

Stay Green

Pleiadian Apr 19, 2019 12:06pm | Post# 83953

Another Triple Top confirming the southerly direction. No chart, but visible on 1 hr, 30min, 15min, or 5min

dcbrit2003 Apr 19, 2019 12:23pm | Post# 83954

Market doesn't allow price to distant itself from today's London opening price. Meaning: Banks haven't decided yet how to trick retail traders.. Stay Green
well, maybe the banks are on holiday ....

okosodo Apr 19, 2019 12:28pm | Post# 83955

It is time to start buying, I mean for the big time investors

Ata-Turkoglu Apr 19, 2019 1:16pm | Post# 83956

{quote} well, maybe the banks are on holiday ....
Lol.. nice try but always remember that the devil never sleeps nor makes holiday

*Meanwhile I am marking 1.1238 as nearest support on M15. As long as M15 candles don't CLOSE BELOW this level I keep buying dips.

Stay Green

Mitiblotch Apr 19, 2019 1:45pm | Post# 83957

I love when this kind of candles form with no volume. Price should fall back all the way down. 1.1209 is where I think the bounce may come from.

sqaguru Apr 19, 2019 2:57pm | Post# 83958

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It has stayed above the VWAP line (black line) all day. This is usually bullish.
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Oc6oph Apr 19, 2019 3:48pm | Post# 83959

Long at 1.12318 SL 27 pips Closed other longs earlier for loss
Closed my longs going to enter trade again Monday

Ata-Turkoglu Apr 19, 2019 4:39pm | Post# 83960

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Daily Outlook

Bulls and bears have their own agendas as shown with arrows on chart.

  1. Bulls will try to climb back above 1.1275 area (in other words they will try to climb back above the broken BLUE TL (or 9 SMA) which is not an easy task.)
  2. Bears are trying to break through the DASHED RED lines, 1.1222 area and while candles are still above this line, every weak attempt of bear pressure can easily stopped BUT it has still the ability to glide down bit by bit. Therefore in a short-term basis, bears have the upper hand. However, a delay of the potential breakout will definitely encourage bulls over time. Meaning: A prolonged indecision phase will only hurt bears.

Anyways.. another week is over. Wishing you all a happy weekend. Rest well.. Peace

Stay Green
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