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  • #9,881
  • Jan 22, 2018 1:19am Jan 22, 2018 1:19am
Quoting jusstin911
Good Morning Gang I'm guessing the market will give us a better direction at US open.. {image}
Since we already closed below your 2195 on h1 and the prices made a lower high instead of a higher high, i suppose the 'red' scenario is more likely. Just assuming here, that's what i can speculate from your chart. Nice chart btw!
  • #9,882
  • Jan 22, 2018 1:25am Jan 22, 2018 1:25am
Quoting Stillearnin
{quote} Since we already closed below your 2195 on h1 and the prices made a lower high instead of a higher high, i suppose the 'red' scenario is more likely. Just assuming here, that's what i get from your chart. Nice chart btw!
I stick with the bulls until it's broken!
US open will keep us in line.. when you think about it, how can $ rise when US gov. shutdown? thousands of people off work, yet we expect the $ to rise ? I really need to see and understand this.. not really a fundi person but can't ignore
  • #9,883
  • Jan 22, 2018 1:32am Jan 22, 2018 1:32am
This move is going higher any downards move will be in the form of a spike for market manipulation big banks doing there stop runs.
1.2214 significant level double bottom formed or a "W" shape. If there is a breakout lower it will be a spike with big boys taking those orders.....after all how many people here have an expectancy for a big drop if 1.2214 is broke? Wheres the easiest place to hunt for stops? Hmm
  • #9,884
  • Jan 22, 2018 1:40am Jan 22, 2018 1:40am
Quoting jusstin911
{quote} I stick with the bulls until it's broken! US open will keep us in line.. when you think about it, how can $ rise when US gov. shutdown? thousands of people off work, yet we expect the $ to rise ? I really need to see and understand this.. not really a fundi person but can't ignore
Not much of a fundie either. And if i try to make sense of fundies my head starts to hurt. My 'level 1' thinking is this: awful news for $ and they could've destroyed the sellers during weekend, yet they didn't. Even more, they've covered the gap now. Why? Don't know! What does this mean? Well to me, means they're not that interested in more usd weakness right now. But soon, euro will be 1.24, i have no doubt about that.
  • #9,885
  • Jan 22, 2018 1:42am Jan 22, 2018 1:42am
Waiting to see that H1 candles can close and stay above 1.2234.. will start buying dips after that..

Stay Green
Focus only on what truly matters!
  • #9,886
  • Jan 22, 2018 1:43am Jan 22, 2018 1:43am
Quoting Neil0163
This move is going higher any downards move will be in the form of a spike for market manipulation big banks doing there stop runs. 1.2214 significant level double bottom formed or a "W" shape. If there is a breakout lower it will be a spike with big boys taking those orders.....after all how many people here have an expectancy for a big drop if 1.2214 is broke? Wheres the easiest place to hunt for stops? Hmm
With the ratio of long to shorts ,,,which end is gonna fuel a move higher with the trend ?????,,,,,,, how much fuel is sitting at the current high at 2320 or just above or below in the form of stops ,,,,,, thats where the easy pickings are
  • #9,887
  • Jan 22, 2018 1:47am Jan 22, 2018 1:47am
Quoting Stillearnin
{quote} Not much of a fundie either. And if i try to make sense of fundies my head starts to hurt. My 'level 1' thinking is this: awful news for $ and they could've destroyed the sellers during weekend, yet they didn't. Even more, they've covered the gap now. Why? Don't know! What does this mean? Well to me, means they're not that interested in more usd weakness right now. But soon, euro will be 1.24, i have no doubt about that.
Nah, Infect will only show up soon as they awake not before... we talking about $ and the owners are still asleep lol
  • #9,888
  • Jan 22, 2018 1:48am Jan 22, 2018 1:48am
Quoting jusstin911
{quote} Nah, Infect will only show up soon as they awake not before... we talking about $ and the owners are still asleep lol
No Im not , lol
  • #9,889
  • Jan 22, 2018 1:50am Jan 22, 2018 1:50am
Quoting digger1
{quote} No Im not , lol
hahaha ok let's wait for the other half to wake then
  • #9,890
  • Jan 22, 2018 1:52am Jan 22, 2018 1:52am
Sell pressure is still much more alive. I would rather wait to see if the uptrend start back before taking a position. I still believe market will probably break the 1.2214 resistance below
Qokertrade
  • #9,891
  • Jan 22, 2018 1:53am Jan 22, 2018 1:53am
Quoting jusstin911
{quote} I stick with the bulls until it's broken! US open will keep us in line.. when you think about it, how can $ rise when US gov. shutdown? thousands of people off work, yet we expect the $ to rise ? I really need to see and understand this.. not really a fundi person but can't ignore
the rational for a stronger dollar on gvt shutdown is to say that as risk increases, the net result is US as safe heaven...
but there is a lot of other things going on this week, with Germany, BOJ, WEF, ECB, US GDP... so the story is never that simple

I expect a relatively ranging, slow beginning of week, with possible "twitter news" spikes until ECB...
  • #9,892
  • Jan 22, 2018 1:55am Jan 22, 2018 1:55am
strategy for me today (scalper) is to wait for the overstretched dips and buy
  • #9,893
  • Jan 22, 2018 1:56am Jan 22, 2018 1:56am
Quoting Neil0163
This move is going higher any downards move will be in the form of a spike for market manipulation big banks doing there stop runs. 1.2214 significant level double bottom formed or a "W" shape. If there is a breakout lower it will be a spike with big boys taking those orders.....after all how many people here have an expectancy for a big drop if 1.2214 is broke? Wheres the easiest place to hunt for stops? Hmm
If you watch price long enough or if you have ever used a good average ,,,,, the 1st poke is too it ,,,,,, the next stab will try and get above it ,,,,,,, then it will try and use it for support ,,,,,,,,oppisite if trending down obviously ,,,,,,, levels,,,, ,good levels work much the same ,,,,,,, not saying this is going to transpire,,,,,, but price has sent a recon team up there to Q R2,,,,blue circle,,,, and it has used Q R1 for a bounce ,,,,just saying lol.
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  • #9,894
  • Jan 22, 2018 2:03am Jan 22, 2018 2:03am
Hello mates thats my idea.Atakan congrats for page.
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  • #9,895
  • Jan 22, 2018 2:04am Jan 22, 2018 2:04am
Quoting ForeverNewb
{quote} the rational for a stronger dollar on gvt shutdown is to say that as risk increases, the net result is US as safe heaven... but there is a lot of other things going on this week, with Germany, BOJ, WEF, ECB, US GDP... so the story is never that simple I expect a relatively ranging, slow beginning of week, with possible "twitter news" spikes until ECB...
indeed there's a lot of spike news upon us..
hope we survive this lol
  • #9,896
  • Jan 22, 2018 2:07am Jan 22, 2018 2:07am
Quoting jusstin911
{quote} indeed there's a lot of spike news upon us.. hope we survive this lol
It is just one fat finger away atm from tripping a few stps near the highs ,,,,,,,could come before any news so its out of the way or it could use the news ,,,,,,,,, only Monday so it could take all week lol,,,,,,, tradings a blast
  • #9,897
  • Jan 22, 2018 2:09am Jan 22, 2018 2:09am
Sorry insensitive of me ,,,,, to be politically correct a weight challenged finger away,,,,,,,my bad
  • #9,898
  • Jan 22, 2018 2:15am Jan 22, 2018 2:15am
Hourly closed above 1.2235.. starting buying the dips.. potential buy area might be around 1.2230

Stay Green
Focus only on what truly matters!
  • #9,899
  • Jan 22, 2018 2:16am Jan 22, 2018 2:16am
Looks bullish now. They're bringing out the big guns! Here's to hoping this is a bulltrap!
  • #9,900
  • Jan 22, 2018 2:16am Jan 22, 2018 2:16am
And oddly enough price currently arguing with the 50 % level of last weeks range pointed out several posts back
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