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Ata-Turkoglu Apr 8, 2020 2:32pm | Post# 106541

why you do that to me?
The thread is "EURUSD Only" and not "USA Taxation Questionnaire"... Nothing personal.. Keep those topics either for the weekend or via private messaging.. Thanks..

Stay Green

sqaguru Apr 8, 2020 3:10pm | Post# 106542

{quote} I joined you on that trade. On the 30 min chart, it turned from the 61.8% Fib, and it also looks like it was the completion of the Elliott wave 2{image}
TP = 1.0915 and 1.0950
SL = 15p

UPDATE: I got out at BE

schaos21 Apr 8, 2020 4:41pm | Post# 106543

Took half my shorts profit at 1.0854, hold the rest to see if we head into the 1.084x range. TP sitting currently at 1.0842. Will watch and close manually if we don't drop below 1.0850 soon.
Finally out at 1.0852

andvk74 Apr 8, 2020 5:42pm | Post# 106544

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My view for tomorrow.
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Ata-Turkoglu Apr 8, 2020 6:17pm | Post# 106545

1 Attachment(s)
Daily S/R Levels for Thursday

I don't expect much this week because of all the upcoming holidays.. Trade safe or better: stay away as long as there is no clear direction.. Bears have the upper hand intraday wise..

Stay Green
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NB636 Apr 9, 2020 12:01am | Post# 106546

today : one is out or no S/L because the volatile will be broaden as the development of Eurogroup.
may i know whats the impact of development of eurogroup you are referring to?

ventureinves Apr 9, 2020 12:12am | Post# 106547

Eurogroup finance ministers with ECB, EC chairwomans participating last night discussed 16h all night over the stimulus package to response the pandamic but no agreement reached. Today may be there is an outcome as traditional way of European making decision. This could impact on the pair- range of volatile may be large say 1.0700-1.1100. have a good trades to everybody!

NB636 Apr 9, 2020 12:17am | Post# 106548

Eurogroup finance ministers with ECB, EC chairwomans participating last night discussed 16h all night over the stimulus package to response the pandamic but no agreement reached. Today may be there is an outcome as traditional way of European making decision. This could impact on the pair- range of volatile may be large say 1.0700-1.1100. have a good trades to everybody!
thank you much. better to stay away today

Traderview Apr 9, 2020 3:06am | Post# 106549

Hello guys,

I kept a sell @ 1.0874 with Tp pf 1.0842. Waiting sidelines now. PA looks weird. Bears dont have a sustainable downturn. Still market is circling around the big red candle of yesterday morning. I think it's range 1.0888 - 1.0828. Tomorrow is a holiday. So i expect not much action though maybe a News will.
On technical note, 1.0860 is still pivot. It is 23% fib of the monthly. So it could go either way.

Lets see. Stay safe both in markets and REAL LIFE.

louisfx Apr 9, 2020 3:33am | Post# 106550

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The pattern was formed yesterday.But fundamental (News) took it down and now same pattern.Should the news comes out positive.Eu will go high.Technically,EU is going North. imo

Traderview Apr 9, 2020 3:46am | Post# 106551

{image} The pattern was formed yesterday.But fundamental (News) took it down and now same pattern.Should the news comes out positive.Eu will go high.Technically,EU is going North. imo
For this, i think we need a H4 to close above 1.0884 and it will eventually make it to move above 1.09.

louisfx Apr 9, 2020 3:53am | Post# 106552

{quote} For this, i think we need a H4 to close above 1.0884 and it will eventually make it to move above 1.09.
Yeah bro.Imo I thing so.Thats is based on the rules of the pattern.Should touch 1.10000.But based on the drop caused by fundamental,the level could be shortened to 1.097 level Area.

gatenio Apr 9, 2020 3:57am | Post# 106553

{quote} Yeah bro.Imo I thing so.Thats is based on the rules of the pattern.Should touch 1.10000.But based on the drop caused by fundamental,the level could be shortened to 1.097 level Area.
hour close below 1.074 and it drop
edit :if

Traderview Apr 9, 2020 4:16am | Post# 106554

{quote} Yeah bro.Imo I thing so.Thats is based on the rules of the pattern.Should touch 1.10000.But based on the drop caused by fundamental,the level could be shortened to 1.097 level Area.
Dont worry about 1.10. As long as we finish the weekly above 1.0860 or better 1.09, we will see above 1.1050. Just a matter of time. But weekly close below 1.0860 or 1.0780, then bulls are in trouble and will take some more time. But on a personal note even if we settle below 1.08, it wont go to 1.06.

Let's see.

Ata-Turkoglu Apr 9, 2020 4:56am | Post# 106555

My view for today is: So far H1 candles couldn't break below Daily support: 1.0854 and therefore I think soon there will be attempts to break above weekly S/R level: 1.0884.. H1 candles are now above GREEN and on this timeframe bulls have the upper hand.. BUT price is now also touching H4 GREEN line and there can be choppiness.. Beware...

*Typical DESCENDING WEDGE... Market might stall between 1.0844 and my RED TL on H1 for some time until breakout from either side..

Stay Green

azidane Apr 9, 2020 5:45am | Post# 106556

1 Attachment(s)
My view for today is: So far H1 candles couldn't break below Daily support: 1.0854 and therefore I think soon there will be attempts to break above weekly S/R level: 1.0884.. H1 candles are now above GREEN and on this timeframe bulls have the upper hand.. BUT price is now also touching H4 GREEN line and there can be choppiness.. Beware... *Typical DESCENDING WEDGE... Market might stall between 1.0844 and my RED TL on H1 for some time until breakout from either side.. Stay Green
Hi ata, you said << Market might stall between 1.0844 and my RED TL on H1 >> ?? but in my chart we are above the red TL , no ?

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Stay Green

andvk74 Apr 9, 2020 5:47am | Post# 106557

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Just an UPDATE as of now.
Waiting for the H1 candle to close above the RES or below the SUP for the direction.
GREEN PIPS TO ALL.
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Ata-Turkoglu Apr 9, 2020 6:34am | Post# 106558

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H1 Status Update

If I would buy now it would be an aggressive move.. I prefer to wait for 2nd candle touching Dashed-RED TL.. So if next candle opens above 1.0875 I will try to buy..

Bulls still have to achieve a candle close above 1.0888... Let's see..

Stay Green
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Ata-Turkoglu Apr 9, 2020 6:38am | Post# 106559

{quote} Hi ata, you said << Market might stall between 1.0844 and my RED TL on H1 >> ?? but in my chart we are above the red TL , no ? {image} Stay Green
I was thinking it might drop back below RED TL since volume was low.. Even now I am waiting on sidelines for the next hourly candle.. (21 more minutes Zzzzzzz) Nothing for sure yet! Perfect time to enjoy a coffee

Edit: look at the bear pressure coming out of a sudden.. That's why I stay away from immediate buying of 1st following candles touching Dashed-RED TL.. This makes me think that today the H4 GREEN line could become pain in the ass for bulls!

Stay Green

Traderview Apr 9, 2020 7:13am | Post# 106560

Bought @1.0874, but SL got hit with 14 pips loss. This red closed below 1.0860. but not below 1.0855. This would have given me more on sells. Waiting sidelines.


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