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  • Post #93,241
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  • Aug 10, 2019 12:29pm Aug 10, 2019 12:29pm
  •  jag1969
  • | Joined Sep 2017 | Status: Member | 152 Posts
Quoting euroboy2208
Disliked
{quote} Xe showing 1.13062.. a 100 pips gap up in euro..wow...
Ignored
Where can i find this information?
 
 
  • Post #93,242
  • Quote
  • Aug 10, 2019 12:35pm Aug 10, 2019 12:35pm
  •  3Davy
  • Joined Sep 2013 | Status: Member | 1,595 Posts
Quoting jag1969
Disliked
{quote} Where can i find this information?
Ignored
https://www.xe.com/currencycharts/?from=EUR&to=USD

Let us wait for Sunday evening when markets go open.
 
2
  • Post #93,243
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  • Aug 10, 2019 1:13pm Aug 10, 2019 1:13pm
  •  Mitiblotch
  • Joined Sep 2017 | Status: Member | 7,563 Posts
I love selling this pair but gotta be careful. The short term bulls are lurking in the shadows. Haha...
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https://www.myfxbook.com/members/mitiblotch/mt5-10567385/9464692
 
2
  • Post #93,244
  • Quote
  • Aug 10, 2019 1:20pm Aug 10, 2019 1:20pm
  •  viktoriaxz
  • | Joined Jun 2019 | Status: on vacation | 1,398 Posts
It can reach some high,eur want reach 12700-13000 ,but problem we have very long sideways on H4,and move can be very strong and huge.If it would be slow ,its no problem.
 
1
  • Post #93,245
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  • Aug 10, 2019 1:23pm Aug 10, 2019 1:23pm
  •  AnthonyWins
  • Joined Dec 2018 | Status: Member | 215 Posts
EUR/USD closed the week at 1.1200 level and crossed MA25{blue}(H4) as a signal to sell with the target of 0.235Fib at 1.1190 (MA150{orange}) and the next support at 1.1180 (the triangle base).
In case of EUR/USD breaks the triangle base, the next bearish target will be MA55{red} at 1.1160 (0.382Fib).

The buy signal will be a rebound from the support level and further MA levels 25 and 250{purple} breaching.
The target is 1.1280 resistance.

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#Anthonywins
 
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  • Post #93,246
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  • Aug 10, 2019 2:25pm Aug 10, 2019 2:25pm
  •  digger1
  • Joined Jan 2010 | Status: The Voodoo Boodoo Club | 31,576 Posts
Quoting Mitiblotch
Disliked
I love selling this pair but gotta be careful. The short term bulls are lurking in the shadows. Haha... {image}
Ignored
Lol,, flatter than a one sided pancake for the most part ,, as in the jaws movies,, just when ya think its safe to load up one way or the other ,, the theme music starts ,, hope your weekends good bud
 
2
  • Post #93,247
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  • Aug 10, 2019 2:31pm Aug 10, 2019 2:31pm
  •  HiddenGap
  • Joined Aug 2009 | Status: Reading the tape | 2,324 Posts
Friday's (3) UP close did confirm the No Supply (NS) we saw developing on Thursday as a sign of strength. However, we need to take a closer look at Friday's candle.

Wednesday's interval (1) is key. It was a narrow range (H-L) interval on increasing volume that closed well of its high and below its midpoint. This is a Squat and is demonstrative of Supply. The weakness is confirmed when Thursday's interval closes DOWN.

But Thursday (2) was an even narrower range DOWN bar on volume less than the previous two intervals. Thus making it No Supply (NS).

While Friday's UP close confirms the NS, Friday is a very weak bar in its own right. Let's take a look. The range is very narrow, the close is off of the high and below the midpoint, and the volume is not only less than the previous two intervals, but it is less than average. This is No Demand (ND).

Friday coupled with Wednesday, therefore, hint that the Market may actually be more weak than strong. Hopefully, you utilized last Sunday/Monday's WRB to enter on the open and take partial profits on the close. We do need confirmation (with the next candle DOWN) for Friday's No Demand with Sunday/Monday's interval closing DOWN. But if you haven't yet gotten your stop to break even, it's time to do so.

For the Bulls, a DOWN candle that closes on or near its high, with volume less than the previous two intervals, that does not close the HiddenGAP is bullish.

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Wyckoff VSA: (1) Supply vs Demand (2) Effort vs Result (3) Cause vs Effect
 
4
  • Post #93,248
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  • Aug 10, 2019 3:28pm Aug 10, 2019 3:28pm
  •  Beyfor
  • | Commercial Member | Joined Dec 2012 | 821 Posts
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  • Post #93,249
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  • Edited Aug 11, 2019 1:13am Aug 10, 2019 4:04pm | Edited Aug 11, 2019 1:13am
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,532 Posts
Daily S/R Levels for Monday

  1. Without a daily candle close below 1.11685 (lower thick blue diagonal trendline) and even below 1.11585 (mofu low) it is unlikely to see bearish continuation.
  2. Without a daily candle close above 1.12615 (thick red diagonal trendline) and even above 1.1282 (mofu high) it is unlikely to see bullish continuation.
  3. Therefore I marked the potential range for Monday with an orange vertical line.
  4. All the other S/R levels are self explanatory.
  5. I personally still want to keep my bullish bias based on current situation and also based on my anticipation on the shark pattern which I shared several times in my earlier posts.

I hope it helps..

Stay Green

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Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: -0.1%
1
8
  • Post #93,250
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  • Aug 10, 2019 9:40pm Aug 10, 2019 9:40pm
  •  LCForex
  • Joined Sep 2013 | Status: Member | 1,642 Posts
EU
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Don't believe me just watch!
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  • Post #93,251
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  • Aug 11, 2019 4:37am Aug 11, 2019 4:37am
  •  axecap
  • | Joined Aug 2017 | Status: Member | 819 Posts
Quoting 3Davy
Disliked
{quote} https://www.xe.com/currencycharts/?from=EUR&to=USD Let us wait for Sunday evening when markets go open.
Ignored
the time markets open is relative to where you are.....they open monday morning in the time zone where they open....not sunday
its all just one persons opinion....
1
 
  • Post #93,252
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  • Aug 11, 2019 5:30am Aug 11, 2019 5:30am
  •  Oc6oph
  • Joined Nov 2018 | Status: VIP | 4,525 Posts
scenario: we’re at about 50% of last months candle maybe we’re in the wick of a red monthly candle
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ex nihilo
 
 
  • Post #93,253
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  • Aug 11, 2019 6:14am Aug 11, 2019 6:14am
  •  Austyno
  • Joined Oct 2018 | Status: Discipline creates Lifestyle | 1,930 Posts
The bigger picture
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Risk comes from not knowing what to do
 
 
  • Post #93,254
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  • Aug 11, 2019 7:03am Aug 11, 2019 7:03am
  •  viktoriaxz
  • | Joined Jun 2019 | Status: on vacation | 1,398 Posts
its better if eur touches now EMa 200 stay there and go up or down.if eur doesnt do it now it can do it any time by strong gap towards 200 MA.Stochastic daily 14,3,3 is open up.So wait.
 
 
  • Post #93,255
  • Quote
  • Aug 11, 2019 2:01pm Aug 11, 2019 2:01pm
  •  Ata-Turkoglu
  • Joined May 2014 | Status: Full Time Trader | 20,532 Posts
Quoting axecap
Disliked
{quote} the time markets open is relative to where you are.....they open monday morning in the time zone where they open....not sunday
Ignored
Typical comment that only could come from a Korean or someone from the far east.. Here we are mostly Europeans and for us it is always a Sunday night when market opens.. Therefore your comment was unnecessary to be honest but still thanks for the note..

Stay Green
Be a seer, not a looker!
Ata's Trend Hunter V2.0 All Time Return: -0.1%
 
 
  • Post #93,256
  • Quote
  • Aug 11, 2019 2:34pm Aug 11, 2019 2:34pm
  •  jag1969
  • | Joined Sep 2017 | Status: Member | 152 Posts
Quoting euroboy2208
Disliked
{quote} Xe showing 1.13062.. a 100 pips gap up in euro..wow...
Ignored
Xe showing eurusd at usd 1.1308 right now. Are you agree?
1
 
  • Post #93,257
  • Quote
  • Edited 3:10pm Aug 11, 2019 2:45pm | Edited 3:10pm
  •  SteFX85
  • Joined May 2015 | Status: Member | 1,148 Posts
Nice hammer setup on the weekly, price made a structure high on lower TF's.
I'm thinking continuation.
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My levels inside this previous weekly range are.

  1. 1.1191x
  2. 1.1161x
  3. 1.1099x

I'll see how price reacts (H1 to M5) and act when necessary

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I see long positions rising slowly, sentiment seems to be changing slowly. However! ... We remain net short.
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Currency wars are taking off, we expect rate cuts and a devaluation off the dollar over time.
However! ... Uncertain times can make money flow into the dollar, so I'm being cautious when New York opens.

As stocks sell off and bond yields keep falling, the dollar may regain strength.
I'm not putting any more money in this fiat however, metals are the best choice at this point in time!

Grtz
What's that smell? ---- I smell money!
1
4
  • Post #93,258
  • Quote
  • Aug 11, 2019 3:15pm Aug 11, 2019 3:15pm
  •  MXT
  • Joined Dec 2005 | Status: Member | 2,851 Posts
we're in crazy FX times, what once was , no longer is

those who adapt , survive
 
3
  • Post #93,259
  • Quote
  • Edited 4:24pm Aug 11, 2019 4:06pm | Edited 4:24pm
  •  Beyfor
  • | Commercial Member | Joined Dec 2012 | 821 Posts
Bullish trend is preparing for takeoff

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3
  • Post #93,260
  • Quote
  • Aug 11, 2019 4:39pm Aug 11, 2019 4:39pm
  •  jag1969
  • | Joined Sep 2017 | Status: Member | 152 Posts
Quoting jag1969
Disliked
{quote} Xe showing eurusd at usd 1.1308 right now. Are you agree?
Ignored
Eurusd 1.1198. No gap. Just 22 minutes for market open.
 
 
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